Software as a service

EQS-News: SGT German Private Equity GmbH & Co. KGaA: SGT German Private Equity – Acquisition of Elatec by the SGT Funds

Retrieved on: 
Thursday, June 1, 2023

EQS-News: SGT German Private Equity GmbH & Co. KGaA

Key Points: 
  • EQS-News: SGT German Private Equity GmbH & Co. KGaA
    SGT German Private Equity GmbH & Co. KGaA: SGT German Private Equity – Acquisition of Elatec by the SGT Funds
    The issuer is solely responsible for the content of this announcement.
  • Ltd. (SGTPTE), a licensed private equity asset manager headquartered in Singapore, wholly owned subsidiary of SGT German Private Equity in Frankfurt (SGF).
  • Christoph Gerlinger, Managing Director of SGT German Private Equity: “the Private Equity transaction is a milestone for the new business model and illustrates our capability to source and execute attractive Private Equity Deals even in a challenging macro-economic environment.
  • The fees arising from the transaction and the increased assets under management will have sustainable, significantly positive effects on future earnings of SGT German Private Equity.”

EQS-News: Exasol Unveils the No-Compromise Analytics Database Unlocking Greater Productivity, Cost-Savings, and Flexibility

Retrieved on: 
Thursday, June 1, 2023

Exasol Unveils the No-Compromise Analytics Database Unlocking Greater Productivity, Cost-Savings, and Flexibility

Key Points: 
  • Exasol Unveils the No-Compromise Analytics Database Unlocking Greater Productivity, Cost-Savings, and Flexibility
    The issuer is solely responsible for the content of this announcement.
  • Exasol Unveils the No-Compromise Analytics Database Unlocking Greater Productivity, Cost-Savings, and Flexibility
    Nuremberg – May 30, 2023 – Exasol today unveiled its no-compromise analytics database, which delivers more productivity, savings, and flexibility for enterprises to better manage data in the cloud, SaaS, on-premises, or hybrid.
  • With Exasol, customers can run analytics anywhere their data lives – on-premises, cloud or across multiple clouds – with no rip-and-replace, no need to move data sets, no cost shocks.
  • Run analytics or machine learning (ML): Exasol's ML capabilities are built directly into the in-memory database engine, to deliver even greater efficiencies and cost savings.

StartADAM Acquires a.link Domain for Launch of aOS Chat-based Operating System

Retrieved on: 
Wednesday, May 31, 2023

LOS ANGELES, May 31, 2023 (GLOBE NEWSWIRE) -- StartADAM , a technology company that presents itself as the SaaS “Missing Link”, has announced its capital raise of $1.9M USD for the launch of its aOS chat operating system.

Key Points: 
  • LOS ANGELES, May 31, 2023 (GLOBE NEWSWIRE) -- StartADAM , a technology company that presents itself as the SaaS “Missing Link”, has announced its capital raise of $1.9M USD for the launch of its aOS chat operating system.
  • StartADAM aims to transform the business landscape by emphasizing human connection, facilitating better client interactions, and improving overall operational efficiency.
  • StartADAM has unveiled a.link , a robust communication hub that simplifies and streamlines conversations between teams, clients, and other stakeholders or networks.
  • With the acquisition of the a.link domain, we're taking a significant step towards making chat-based operating systems the standard in business communication.

High Wire Appoints Seasoned Tech Executive, Curtis Smith, as Chief Financial Officer

Retrieved on: 
Wednesday, May 31, 2023

BATAVIA, Ill., May 31, 2023 (GLOBE NEWSWIRE) -- High Wire Networks, Inc. (OTCQB: HWNI), a leading global provider of managed cybersecurity and technology enablement, has appointed Curtis Smith as chief financial officer, succeeding Dan Sullivan who has retired from the company.

Key Points: 
  • BATAVIA, Ill., May 31, 2023 (GLOBE NEWSWIRE) -- High Wire Networks, Inc. (OTCQB: HWNI), a leading global provider of managed cybersecurity and technology enablement, has appointed Curtis Smith as chief financial officer, succeeding Dan Sullivan who has retired from the company.
  • Smith brings to High Wire over 30 years of finance and operational experience, spending most of his time as a CFO for Nasdaq listed and privately held companies.
  • “We welcome Curt and his many years of executive experience at managed and outsourced financial services companies,” stated High Wire Networks CEO, Mark Porter.
  • “We look forward to his contributions to High Wire as we look to grow our recurring revenue from our AI-driven Overwatch Managed Cybersecurity ecosystem of services.

Bishop Fox Adds Cybersecurity Product and Engineering Veteran as Chief Product Officer

Retrieved on: 
Wednesday, May 31, 2023

PHOENIX, May 31, 2023 (GLOBE NEWSWIRE) -- Bishop Fox , the leading authority in offensive security, today announced the addition of Kevin Tonkin as the company’s first Chief Product Officer (CPO).

Key Points: 
  • PHOENIX, May 31, 2023 (GLOBE NEWSWIRE) -- Bishop Fox , the leading authority in offensive security, today announced the addition of Kevin Tonkin as the company’s first Chief Product Officer (CPO).
  • With more than 20 years of software and engineering experience, Tonkin brings proven leadership in building product organizations and bringing innovative products to market.
  • Tonkin joins Bishop Fox at a critical juncture as the company looks to extend its market leadership in offensive security.
  • Prior to that, he was the VP of product engineering for Coalfire, where he rebuilt and scaled the engineering team from 6 to more than 60 cross-functional members, encompassing product management, design, and customer success functions.

Trust Stamp Announces Notice of Allowance for New U.S. Patent Related to Identity Authentication Via the Control of Third-Party Accounts

Retrieved on: 
Wednesday, May 31, 2023

This Notice of Allowance follows an previous patent allowance announced earlier this month.

Key Points: 
  • This Notice of Allowance follows an previous patent allowance announced earlier this month.
  • The patent titled, “Systems and Methods for Identity Verification via Third-Party Account," uses a proprietary process to establish control of one or more third-party accounts as a primary or secondary identity authentication factor and is intended to complement Trust Stamp’s AI-generated Irreversibly Transformed Identity Token (IT2) technology.
  • Andrew Gowasack, Trust Stamp’s President, commented, “With fraudulent transactions increasing at an alarming rate, multi-factor authentication is critical for all types of digital transactions.
  • Trust Stamp provides not only a biometric-based privacy-first solution with the IT2 and Biometric Multi-Factor Authentication process, but also a suite of non-biometric tools to complement the IT2.

Sumo Logic Provides Cloud-Native Log Analytics for Samsung Electronics Bixby Virtual AI Assistant

Retrieved on: 
Tuesday, May 30, 2023

SEOUL, South Korea, May 30, 2023 (GLOBE NEWSWIRE) -- Sumo Logic, the SaaS analytics platform to enable reliable and secure cloud-native applications, today announced it is delivering advanced log analytics for Samsung Electronics’ Bixby, the deep-learning-based, artificial intelligence (AI) assistant.

Key Points: 
  • SEOUL, South Korea, May 30, 2023 (GLOBE NEWSWIRE) -- Sumo Logic, the SaaS analytics platform to enable reliable and secure cloud-native applications, today announced it is delivering advanced log analytics for Samsung Electronics’ Bixby, the deep-learning-based, artificial intelligence (AI) assistant.
  • Bixby engineers use query functions to build Sumo Logic dashboards to manage log data more efficiently.
  • The analytics help Bixby stay ahead of the competition by delivering insightful results and comparing or contrasting errors in a client version.
  • Bixby developers can now easily share detailed data analytics and queries within the organization to help discover new uses for Bixby.

Frontegg Unveils Entitlements Engine, Transforming the Landscape of Identity Management

Retrieved on: 
Tuesday, May 30, 2023

This shift unlocks the creativity of product and business teams to leverage customer identity and access management to drive new business and revenue growth through limitless customized product offerings.

Key Points: 
  • This shift unlocks the creativity of product and business teams to leverage customer identity and access management to drive new business and revenue growth through limitless customized product offerings.
  • It required a lot of APIs and working with many different vendors,” explains Sagi Rodin, CEO and co-founder of Frontegg.
  • It’s awesome.”
    The Entitlements Engine further extends Frontegg’s market-leading identity management capabilities, adding to its comprehensive product suite that also offers authentication, onboarding flow design, user management, self-serve account management, and other critical capabilities for SaaS app builders.
  • Frontegg will showcase its identity platform and the new Entitlements Engine at the Identiverse Conference , May 30 - June 2, in Las Vegas at Booth 1418.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of E2open Parent Holdings, Inc. - ETWO

Retrieved on: 
Sunday, May 28, 2023

NEW YORK, May 28, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of E2open Parent Holdings, Inc. (“E2open” or the “Company”) (NYSE: ETWO).

Key Points: 
  • NEW YORK, May 28, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of E2open Parent Holdings, Inc. (“E2open” or the “Company”) (NYSE: ETWO).
  • The investigation concerns whether E2open and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • On May 1, 2023, E2open announced its financial results for its fiscal 2023 fourth quarter and full year.
  • Among other items, E2open reported fourth quarter SaaS revenue down 6.6% from the same period in the prior year.

Cross River Bank and Paymints.io Collaborate to Modernize Real Estate Transactions with Secure Payment Infrastructure

Retrieved on: 
Wednesday, May 31, 2023

Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded financial solutions, today announced its strategic partnership with paymints.io, a Software-as-a-Service (SaaS) platform to for real estate payment transactions.

Key Points: 
  • Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded financial solutions, today announced its strategic partnership with paymints.io, a Software-as-a-Service (SaaS) platform to for real estate payment transactions.
  • This collaboration marks a significant milestone in transforming the way stakeholders in real estate transactions handle and control their funds.
  • "As a leader in modernizing payments, we are thrilled to join forces with paymints.io to transform the real estate payment landscape," said Keith Vander Leest, Head of Payments at Cross River.
  • It’s niche B2B verticals, like real estate, that have outdated payment processes which are ripe for innovation.