Showing: 1 - 10 of 21 RESULTS

M/C Completes Acquisition of AerioConnect, Establishing a Platform in Residential and Commercial Broadband

M/C Partners, a Boston-based Communications and IT Services focused private equity firm, announced the acquisition of AerioConnect, LLC. (“Aerio”), a leading Internet Service Provider to multi-family and commercial clients in the greater Los Angeles market. Aerio currently serves over 9,000 subscribers across 400 buildings in the greater Los Angeles market. The acquisition closed on September 30, 2020. Brady Adams, former CEO of Optic Access, has been appointed Chief Executive Officer and will be responsible for driving the company’s growth initiatives going forward.

“We are excited for the opportunity to partner with Aerio and build upon the strong foundation in residential and commercial broadband,” said Ryan Carr, Vice President at M/C Partners. “Our plan is to reinforce our commitments with our best in class, trusted partners by investing in our products and services while expanding our reach throughout the region.”

“I greatly appreciate the opportunity to join the Aerio team to

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A Nonprofit Media Platform Redefining What Our Future Might Be

Founded by author, columnist and host of the podcast “What Could Go Right” Zachary Karabell, the nonprofit news platform shares original and aggregated content created by a network of invitation-only members who are experts in their fields. The Network begins with more than 70 members who are united in the belief that the world’s problems are solvable, such as David Brooks, Peniel E. Joseph, Steven Pinker, Bina Venkataraman, Krista Tippett and Fareed Zakaria.

The Progress Network’s members hold to principles required for a better future—trust in science, international cooperation, the furthering of education, long-term thinking and the celebration of progress. Areas of focus include politics, health, science, foreign affairs, climate change, technology, psychology, race relations and economic outcomes, among others. 

“In the midst of a global pandemic and a contentious presidential election, both of which are unlike anything we have seen before, there is

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IDC’s 3rd Platform Industry Spending Guides Provide In-Depth Forecasts for Technology Investments in Nine Industries

To bring more insight to technology spending across and within industries, International Data Corporation (IDC) recently published a series of Industry Spending Guides that provide in-depth forecasts for spending on 3rd Platform technologies (mobility, cloud, big data and analytics (BDA), social) and Innovation Accelerators (artificial intelligence (AI), augmented reality/virtual reality (AR/VR), 3D printing, Internet of Things (IoT), security, and robotics) as well as traditional, 2nd Platform technologies. The guides cover nine industries – banking, government, healthcare, insurance, manufacturing, oil and gas, retail, securities and investment services, and utilities – and provide detailed spending figures for nine geographic regions, 64 sub-industries and lines of business, and two delivery types (cloud and non-cloud).

“While IT spending is contracting in some areas, 3rd Platform spending will see healthy double-digit growth throughout the post-COVID recovery period and the investment priorities are somewhat varied across industries,” said Karen Massey, research manager, Customer Insights & Analysis.

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Prospector, a technology company, brings revolutionary access to the mining industry by offering a new search platform for free

New site features dynamic search of technical reports and access to information on sustainability

FORT LAUDERDALE, Fla., Oct. 14, 2020 /PRNewswire/ — Prospector, a search engine for the mining industry, has launched a new website that provides a more advanced and free search capability for its revolutionary platform, complete with more information and advanced ability to search through a percentage of the thousands of mining technical (43-101) reports accessible within their portal. The Company, a wholly-owned subsidiary of mining investment company Analog Gold, believes this new site provides a glimpse into what subscribers can find in the Prospector Portal.

Prospector is an AI-enabled technology platform built to modernize the way investors and researchers search for and access information about mining. Prospector draws data from various public exchanges such as TMX Datalinx, which operates the Toronto Stock Exchange and represents nearly 50% of publicly traded mining projects globally.

The new

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JFrog Launches Free Subscription to Multi-Cloud DevOps Platform with Built-in Open Source Security Scanning

Development teams can accelerate delivery with universal package management, DevSecOps tools and cloud-native CI/CD solutions across major cloud providers

The JFrog Platform Free Subscription

JFrog launches a free subscription to its Multi-Cloud DevOps platform with built-in open source security scanning.
JFrog launches a free subscription to its Multi-Cloud DevOps platform with built-in open source security scanning.
JFrog launches a free subscription to its Multi-Cloud DevOps platform with built-in open source security scanning.

SUNNYVALE, Calif., Oct. 13, 2020 (GLOBE NEWSWIRE) — JFrog, the liquid software company, today announced the general availability of a free subscription of its universal, hybrid and multi-cloud DevOps Platform, including industry-leading DevSecOps capabilities offered at no cost.

The JFrog Platform is used by some of the largest enterprises in the world to streamline and accelerate their delivery. Available on all major public cloud providers—AWS, Microsoft Azure, and Google Cloud Platform— and across 18 cloud regions, the free subscription of the JFrog Platform includes:

  • JFrog Artifactory, a universal software package (binary) management

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Kahoot picks up $215M from SoftBank for its user-generated, gamified e-learning platform

After announcing a modest $28 million raise earlier this year, the user-generated gamified e-learning platform Kahoot today announced a much bigger round to double down on the current surge in demand for remote education.

The Norwegian startup — which has clocked 1.3 billion “participating players” since launching in 2013 — has picked up $215 million from SoftBank, specifically by way of a “private placement to a subsidiary of SoftBank Group Corp., through issuance of 43,000,000 new shares.” The placement was made at 46 Norwegian Krone per share, working out to NOK1,978 million (or $215 million), and the funding will be used for acquisitions and also to continue its expansion.

Kahoot is traded on the Merkur Market in Oslo — a stepping stone between being a fully private startup and a publicly-listed company — and today the company is trading more than 15% up on the news. At market open today,

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Game Platform Roblox Files Confidentially for Public Listing

Online game platform Roblox said Monday that on a confidential basis it had submitted a draft registration statement to the Securities and Exchange Commission for a public offering of common stock.

The San Mateo, Calif., company said it hasn’t determined the number of Class A common shares it will sell and at what price.

Roblox said it intends to commence the public offering following completion of the SEC review.

The company is aiming for a public valuation of about $8 billion, Reuters reported earlier this month. 

That would double the $4 billion valuation it got in a $150 million fundraising round in February led by venture capital firm Andreessen Horowitz. The VC firm said in February that the platform reached more than 115 million monthly users.

The company hosts millions of games that are built by its users, who then get a share of any related revenue. 

“Roblox is powered

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Twilio to Acquire Customer-Data Platform Segment for $3.2B

Twilio  (TWLO) – Get Report shares rose Monday after the cloud-communications platform said it would buy customer-data platform Segment for $3.2 billion of stock.

Twilio shares recently traded at $322.79, up 5.4%. They had more than tripled year to date through Friday.

“Data silos destroy great customer experiences,” Jeff Lawson, co-founder and chief executive of the San Francisco company, said in a statement.

Closely held Segment, also San Francisco, “lets developers and companies break down those silos and build” complete pictures of customers. 

“Combined with Twilio’s customer engagement platform, we can create more personalized, timely and impactful engagement across customer service, marketing, analytics, product and sales,” he said.

“The businesses that deliver the best experiences are the ones that know their customers well and use customer data to provide more relevant interactions,” Twilio said.

“However, wrangling these customer insights is extremely difficult as the information is typically spread

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Rocket Mortgage Introduces New Tech Platform to Empower Real Estate Agents

DETROIT, Oct. 12, 2020 /PRNewswire/ — Rocket Companies (NYSE: RKT) today launched “Rocket Pro Insight”, a new technology platform providing real estate agents real-time updates on the status of their clients’ mortgages. Through both a website and mobile app, real estate professionals will have transparency into the loan experience. They are now able to see where each loan is in the process, the terms of their clients’ loans, if additional documentation is needed and when it will close.

“Our team is constantly leveraging the power of technology to streamline and simplify the mortgage process. Rocket Pro Insight is the latest innovation in a long line of FinTech tools we have created to improve the experience and give added confidence to our clients and their partners,” said Jay Farner, CEO of Rocket Companies. “There is no doubt real estate agents are crucial in the home purchase process. They are

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Rekor Announces Revolutionary New Roadway Intelligence Platform

Unique System to Speed Actionable Insights, Reduce Cost and Increase Revenue for Government Agencies

 
Rekor One’sproprietary technology has six patents pending

COLUMBIA, Md., Oct. 12, 2020 (GLOBE NEWSWIRE) — Rekor Systems, Inc., (REKR) (“Rekor”) (the “Company”) a Maryland-based company providing real-time roadway intelligence through AI-driven decisions, today announced Rekor One ™,  a new platform that will serve as a unifying source of roadway intelligence for government agencies across cities, counties and states. The platform will support multiple community safety, intelligent roadway and revenue generation activities.

Rekor One will provide government agencies with a comprehensive vehicle intelligence system that supports multiple agency-specific missions. With Rekor One, governments will be able to leverage their existing IP cameras and transform them into a safe and smart multi-dimensional intelligent roadway network. By interfacing with multiple databases and operating systems, Rekor One will allow governmental units to observe security and privacy protocols and

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