Industry veteran Euan Menzies has been named interim CEO of Drake Software. The company says the transition in leadership comes at a time of increased investment including plans to add at least 100 full-time positions over the next six months.

Revenue from QuickBooks Online jumped by 32.4 percent for Intuit’s first quarter ended October 31. That came as the impact of the software company’s purchase of Credit Karma pushed total revenue up 52 percent year-over-year.

Practice Ignition has raised $50 million in Series C Funding. The company says it will use proceeds to grow its business in in APAC, North America and EMEA.