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Grady Out, New Investment In At Deem

Deem confirmed the departure of founder and CEO Patrick Grady, along with a new round of funding.

D'Astolfo Heads Back To Deem To Lead Sales In Post-Grady Era

Tony D'Astolfo has unfinished business. And so, he will return to Deem next week as chief commercial officer to oversee sales, marketing and customer relations as part of the San Francisco-based travel tech company's latest reinvention.

Deem's Grady: Concur Cuts Deem Ground Access

Concur last week notified Deem that it no longer would integrate ground transportation content from the Deem Ground system, according to a fiery blog post by Deem CEO Patrick Grady.

Re-Deemed: Patrick Grady's Commerce Platform Recapitalizes, Charts New Course

Deem, formerly known as Rearden Commerce, this week made a series of announcements that point to a reinvention.

Deem Lawsuit Against Travelport Won't Interrupt GDS Ground Access

Deem filed a lawsuit against Travelport in a U.S. district court in California this week over a disputed payment structure related to their Deem ground service agreements. The lawsuit will not immediately impact Travelport subscribers' access to Deem's ground platform, which connects ground transportation service providers with intermediaries and buyers.
INTERVIEW: New Deem President John Rizzo

INTERVIEW: New Deem President John Rizzo

Last week, Deem confirmed the departure of founder and CEO Patrick Grady. A new injection of capital from PointGuard Ventures and Hony Capital and the installation of new leaders foretell yet another reinvention for the San Francisco-based provider of travel booking, expense and ground technologies. PointGuard Ventures managing director Krish Panu has assumed the role of chairman and CEO, and John Rizzo now leads day-to-day operations as president and COO. Rizzo spoke with The Beat's editor-in-chief Jay Boehmer about Deem's direction.

Positioning For 'Syndicated Commerce,' Rearden Cuts Some Jobs

Rearden Commerce on Friday eliminated 21 positions as part of a restructuring that focuses resources on the "overwhelming" demand for the company's "syndicated commerce" offerings, according to founder, chairman and CEO Patrick Grady.
INTERVIEW: Rearden Commerce's Patrick Grady

INTERVIEW: Rearden Commerce's Patrick Grady

Rearden Commerce founder, chairman and CEO Patrick Grady spoke last week with The Beat's Jay Campbell about the company's new partnership with Travelport

THE BEAT SHEET: Deem-Concur Access; Navitaire's Rare U.S. Win; ARC's Mobile App; Singh Still Seeking Perfection

The Beat Sheet is an occasional collection of notes, quotes, musings, tips, reader comments and other tidbits from The Beat's writers.

Grady's Confidence

Rearden Commerce CEO Patrick Grady always has been highly quotable, but recently it seems his zinger machine is on high. "It's not bravado," Grady said in the midst of calling TripIt and the like just a "feature" rather than a real business. In June, he talked about how he thinks booking tools were commoditized and has since said "They're all going away." Speaking about Rearden's new partnership with Carlson Wagonlit Travel, Grady made some, well, interesting comments about his company's ot