Twilio

Volt Secures $3M Seed Funding to Power Next-Gen SMS Cost Reduction & Compliance Infrastructure

Retrieved on: 
onsdag, maj 22, 2024

The new funding will enable Volt to further enhance and accelerate its product development and strategically expand its team.

Key Points: 
  • The new funding will enable Volt to further enhance and accelerate its product development and strategically expand its team.
  • SMS is becoming the predominant method of communication among U.S. consumers, with average open rates around 98%.
  • “Volt, founded by a highly technical team, delivers efficiency, automation, and cost-savings to ease this burden for software companies.
  • I’m excited to be supporting Volt at this critical juncture and am looking forward to supporting their growth.”

FloQast Secures $100 Million in Series E Funding, Achieving $1.6 Billion Valuation

Retrieved on: 
onsdag, april 10, 2024

With this latest investment, FloQast achieves a post-money valuation of $1.6 billion, underscoring its position as a leader in the accounting and finance technology sector.

Key Points: 
  • With this latest investment, FloQast achieves a post-money valuation of $1.6 billion, underscoring its position as a leader in the accounting and finance technology sector.
  • "Today’s accounting and finance teams have the opportunity to emerge as drivers of growth and strategic change within their organizations,” said Mike Whitmire, CPA*, CEO and co-founder of FloQast.
  • Logo Growth: FloQast now powers more than 2,600 accounting teams, including Twilio, Los Angeles Lakers, Zoom, and Snowflake, among other notable organizations.
  • Creative Brand Strategy: FloQast unveiled an all-new brand strategy , reflecting the company's commitment to innovation and modernization in the accounting industry.

KORE Reports Fourth Quarter and Full Year 2023 Results; Provides Full-Year 2024 Revenue Guidance of $300 to $305 Million Driven by IoT Connectivity

Retrieved on: 
torsdag, april 11, 2024

The Company delivered $72.4 million in revenue in the fourth quarter of 2023, which represented 16% growth year-over-year, powered by a 27% increase in IoT Connectivity revenue, partially offset by the deferrals in its IoT Solutions business.

Key Points: 
  • The Company delivered $72.4 million in revenue in the fourth quarter of 2023, which represented 16% growth year-over-year, powered by a 27% increase in IoT Connectivity revenue, partially offset by the deferrals in its IoT Solutions business.
  • IoT Connectivity revenue of $55.3 million increased by 27%, compared to $43.7 million in the fourth quarter of 2022.
  • IoT Solutions revenue declined by 9% to $17.1 million, compared to $18.7 million for the same period one year ago.
  • IoT Connectivity revenue increased 15% to $202.3 million, compared to $175.9 million.

Cigars POS Launches High Risk Processing Feature to Protect Tobacco and Smoke Shops from Unexpected Service Disruptions

Retrieved on: 
tisdag, mars 12, 2024

CHARLOTTE, N.C., March 12, 2024 /PRNewswire-PRWeb/ -- Cigars POS, an all-in-one, cloud-based retail software built to meet the needs of modern tobacco, smoke, and cigar shops, today announced the launch of its High Risk Processing feature, which will be showcased at PCA24 in Las Vegas on March 22-25, 2024. This new offering, a unique, novel feature for POS systems, ensures tobacco, smoke, and cigar shops' merchant accounts will be approved and protected from unexpected service cancellations due to CBD and other vape shop product sales.

Key Points: 
  • This new offering, a unique, novel feature for POS systems, ensures tobacco, smoke, and cigar shops' merchant accounts will be approved and protected from unexpected service cancellations due to CBD and other vape shop product sales.
  • "Cigars POS's user-friendly interface and robust data reporting have streamlined our inventory management, transforming how we handle our products."
  • "Last year, we brought Cigars POS to market to offer a POS solution with features built specifically to address the needs of the industry," said Spencer Hoffman, VP at Cigars POS.
  • To learn more about Cigars POS and book a time to meet at the show, visit: www.cigarspos.com .

XO Health Selects League to Power Industry's First Fully Integrated Digital Member Experience

Retrieved on: 
måndag, februari 26, 2024

League and XO Health announced today an agreement to deliver a next-generation member experience for self-insured employers.

Key Points: 
  • League and XO Health announced today an agreement to deliver a next-generation member experience for self-insured employers.
  • The partnership will bring the industry’s most unified and integrated digital experience to market, including personalized navigation and advocacy support.
  • XO Health is the first health plan designed by and for self-insured employers to create a more unified health experience for everyone.
  • "We're pleased to partner with the innovative team at XO Health," said Michael Serbinis, Founder and CEO of League.

Legion Partners Sends Letter to Twilio Board of Directors

Retrieved on: 
måndag, februari 26, 2024

Dear Members of the Board:

Key Points: 
  • Dear Members of the Board:
    Legion Partners Asset Management, LLC, together with its affiliates (collectively, “we” or “Legion Partners”) are stockholders of Twilio Inc. (“Twilio”, “TWLO”, or the “Company”), beneficially owning 601,050 shares of the Company’s outstanding stock.
  • Legion Partners’ strategy entails highly concentrated equity positions, with a long-term investment horizon and active involvement with our portfolio companies.
  • We are writing to Twilio’s Board of Directors (the “Board”) as a follow up to our one-year long engagement with the Board to unlock shareholder value.
  • However, our view is that Twilio is not achieving anywhere close to an appropriate valuation in its current form, and therefore significant work remains to be done to unlock meaningful value.

Twilio Report Reveals Customer Data Platforms are a Critical Foundation for AI-Driven Customer Insights

Retrieved on: 
tisdag, februari 20, 2024

The fifth annual Customer Data Platform Report , which reflects the findings of anonymized usage data from Twilio Segment’s 25,000+ customers, finds that businesses are prioritizing data quality to harness the power of AI and quickly act on nuanced customer insights.

Key Points: 
  • The fifth annual Customer Data Platform Report , which reflects the findings of anonymized usage data from Twilio Segment’s 25,000+ customers, finds that businesses are prioritizing data quality to harness the power of AI and quickly act on nuanced customer insights.
  • The ability to quickly harness data insights through CDPs that are open and interoperable with data warehouses is a critical competitive edge, enabling businesses to efficiently collect, unify, and activate data across various platforms.
  • Our report showcases the essential role customer data plays in maximizing AI’s effectiveness,” said Kathryn Murphy, SVP of Product and Design at Twilio.
  • “With data warehouses, and data lakehouses like Databricks becoming central to customers’ data strategies, it's crucial for CDPs to support seamless integration with these data warehouses.

FloQast Achieves $100M in Annual Recurring Revenue, Rides Global Momentum into 2024

Retrieved on: 
tisdag, februari 6, 2024

This accomplishment marks a transformative year for FloQast, highlighted by an expanding customer roster, international expansion, and numerous accolades.

Key Points: 
  • This accomplishment marks a transformative year for FloQast, highlighted by an expanding customer roster, international expansion, and numerous accolades.
  • "Reaching the $100M ARR milestone is a testament to the incredible dedication and hard work of the entire FloQast team,” said Mike Whitmire, co-founder and CEO at FloQast, CPA.
  • Educational Initiatives: FloQast launched free public CPE/CPD courses through FloQademy , providing valuable educational and entertaining resources for accounting professionals.
  • Culture Building: FloQast is hosting FloQast GO 2024 in Las Vegas from February 5-8, an all-company kickoff event filled with fun activities and educational sessions for the entire FloQast team.

Datadog Welcomes Sara Varni as New Chief Marketing Officer

Retrieved on: 
måndag, februari 5, 2024

NEW YORK, Feb. 5, 2024 /PRNewswire/ -- Datadog , Inc. (NASDAQ: DDOG), the monitoring and security platform for cloud applications, today announced that Sara Varni is joining as Chief Marketing Officer (CMO), effective immediately.

Key Points: 
  • NEW YORK, Feb. 5, 2024 /PRNewswire/ -- Datadog , Inc. (NASDAQ: DDOG), the monitoring and security platform for cloud applications, today announced that Sara Varni is joining as Chief Marketing Officer (CMO), effective immediately.
  • Varni brings more than 15 years of marketing experience centered around enterprise software products—including leadership positions at Attentive, Twilio and Salesforce—to her role at Datadog.
  • "Sara has a wealth of experience in building and maintaining high-performing teams that market to developers and executive-level personas alike.
  • She brings a strong focus on product engineering and technology from her previous roles," said Amit Agarwal, President at Datadog.

emnify expands IoT connectivity leadership team welcoming tech veteran Lynda Smith to its Board of Directors

Retrieved on: 
onsdag, januari 31, 2024

emnify, the leading cloud building block for cellular communications in the Internet of Things (IoT) stack, today welcomes technology executive, Lynda Smith, to its Board of Directors.

Key Points: 
  • emnify, the leading cloud building block for cellular communications in the Internet of Things (IoT) stack, today welcomes technology executive, Lynda Smith, to its Board of Directors.
  • View the full release here: https://www.businesswire.com/news/home/20240130761680/en/
    Lynda Smith, new emnify Board of Directors member.
  • Smith, who brings a strong track record of over 35 years in technology leadership, reinforces emnify’s board with her extensive expertise in tech marketing and strategy.
  • “I’m looking forward to seeing how emnify will continue to transform the IoT landscape,” said Smith.