Axle

Axle AI and Cloudian Introduce AI-powered Media Management Solution for Hybrid Cloud Environments

Retrieved on: 
Tuesday, April 2, 2024

The joint solution from Axle AI and Cloudian addresses this challenge head-on by combining Cloudian’s cloud-like, on-premises data lake with Axle AI’s AI-driven searchability of media assets and unified view irrespective of location.

Key Points: 
  • The joint solution from Axle AI and Cloudian addresses this challenge head-on by combining Cloudian’s cloud-like, on-premises data lake with Axle AI’s AI-driven searchability of media assets and unified view irrespective of location.
  • "The power of AI is transforming the way media professionals interact with their content,” said Sam Bogoch, CEO of Axle AI.
  • Complementing Axle AI's capabilities, Cloudian's hybrid data lake solution offers limitless on-premises media capacity that can be situated anywhere, plus cloud integration that facilitates policy-driven data management across both cloud and on-prem platforms.
  • Full Cloud Compatibility: Cloudian's data lake supports full S3 API compatibility and hybrid cloud data management, enabling effortless data and workload transitions between cloud and on-prem frameworks.

TSD and Axle Partner to Deliver Instant Insurance Verification, Streamlining Operations and Reducing Risk for Dealerships and Car Rental Companies

Retrieved on: 
Monday, April 8, 2024

NORTH ANDOVER, Mass., April 8, 2024 /PRNewswire/ -- TSD, the world's largest provider of loaner and car rental software, and Axle, the leading universal API for insurance data, have announced a strategic partnership to bring instant insurance verification to dealerships and car rental companies across the US.

Key Points: 
  • NORTH ANDOVER, Mass., April 8, 2024 /PRNewswire/ -- TSD, the world's largest provider of loaner and car rental software, and Axle, the leading universal API for insurance data, have announced a strategic partnership to bring instant insurance verification to dealerships and car rental companies across the US.
  • Additionally, the Axle integration improves the customer experience by reducing the time customers spend waiting for insurance to be verified and clearing ambiguity on whether they are covered.
  • Both Axle and TSD share a mutual goal of minimizing liability for their clients.
  • Armaan Sikand, co-founder and COO of Axle noted, "Our partnership with TSD allows customers all over the country to cut through the complexity of car insurance and understand their coverage."

Y Combinator Alum Axle Health Raises $4.2M to Scale Its Home Health Care Software Platform

Retrieved on: 
Thursday, February 22, 2024

Today, Axle Health (“Axle”), the leading provider of scheduling and workforce management software in the home health care space, is announcing the close of $4.2M in seed funding, bringing its total raised to $4.4M.

Key Points: 
  • Today, Axle Health (“Axle”), the leading provider of scheduling and workforce management software in the home health care space, is announcing the close of $4.2M in seed funding, bringing its total raised to $4.4M.
  • “Pear has a long history of identifying exceptional teams delivering on a clear market need,” said Pear VC partner Vivien Ho.
  • About Axle Health: Axle Health provides scheduling and workforce management software for home health care providers.
  • Axle is integrated with a wide range of EMRs, and the entire Axle product can be customized and accessed modularly via API.

Hot Wheels Let’s Race to Debut on Netflix March 4

Retrieved on: 
Tuesday, January 30, 2024

Mattel , Inc. (NASDAQ: MAT) and Netflix announced today that Hot Wheels Let’s Race, Mattel Television Studios’ all-new animated children’s series, will debut on Netflix globally on March 4.

Key Points: 
  • Mattel , Inc. (NASDAQ: MAT) and Netflix announced today that Hot Wheels Let’s Race, Mattel Television Studios’ all-new animated children’s series, will debut on Netflix globally on March 4.
  • View the full release here: https://www.businesswire.com/news/home/20240130639345/en/
    Key art for Hot Wheels Let's Race (Graphic: Business Wire)
    Inspired by Hot Wheels, the number-one selling toy globally*, Hot Wheels Let’s Race is an action-packed comedy series for kids, and follows the newest generation of racers: Coop, Spark, Mac, Brights, Axle, and Sidecar as they attend a racing camp that always puts the pedal to the metal.
  • That’s why I was so excited to get the opportunity to work on Hot Wheels Let’s Race with Mattel Television Studios.
  • It’s a real joy to get to be a part of that and I can’t wait for another generation of kids to see Hot Wheels Let’s Race on Netflix this year.”
    Season 1 of Hot Wheels Let’s Race will be available on Netflix on March 4.

Axle and Getaround Partner to Allow Guests to Use Their Own Car Insurance, and Reduce Costs

Retrieved on: 
Thursday, June 15, 2023

ATLANTA, June 15, 2023 /PRNewswire/ -- Axle, the leading universal API for insurance data, is pleased to announce a partnership with Getaround (NYSE: GETR), the world's first connected carsharing marketplace. The collaboration will enable Getaround guests to bring their own insurance to the platform, providing them more flexible protection options and control of their carsharing experience. Additionally, this provides Getaround with a new risk management alternative that lowers costs and drives satisfaction.

Key Points: 
  • The collaboration will enable Getaround guests to bring their own insurance to the platform, providing them more flexible protection options and control of their carsharing experience.
  • Additionally, this provides Getaround with a new risk management alternative that lowers costs and drives satisfaction.
  • "Axle empowers Getaround to instantly verify insurance and reduce operational risk, while providing better pricing and a seamless experience for its guests.
  • This partnership with Getaround brings Axle a step closer to our mission of making insurance data more accessible to parallel industries."

Eptura Enhances Fleet Maintenance Software with Tire Tracking to Improve Driver Safety and Reduce Accidents

Retrieved on: 
Tuesday, June 6, 2023

Eptura , the global worktech leader, today enhanced its Fleet Maintenance software with Tire Tracking capabilities to help fleet managers better understand the usage and history of fleet tires while ensuring the safety of technicians, drivers, and equipment out on the road.

Key Points: 
  • Eptura , the global worktech leader, today enhanced its Fleet Maintenance software with Tire Tracking capabilities to help fleet managers better understand the usage and history of fleet tires while ensuring the safety of technicians, drivers, and equipment out on the road.
  • Tire Tracking offers fleet managers the ability to maximize tire life and minimize future costs by controlling inventory and optimizing maintenance.
  • “By launching Tire Tracking, Eptura is unlocking new ways for fleet managers to improve driver safety and keep their vehicles on the road to meet customer needs.
  • Together with Tire Tracking, Eptura’s Fleet Maintenance software provides all the tools that modern fleet managers need to manage costs without sacrificing safety.

Axle secures $4m led by Gradient Ventures to reinvent insurance verification

Retrieved on: 
Thursday, April 13, 2023

ATLANTA, April 13, 2023 /PRNewswire/ -- Axle, the leading universal API for insurance data, raised $4m in seed funding led by Gradient Ventures, Google's AI-focused venture fund. The round also included continued investment from Y Combinator and participation from Soma Capital, Contrary Capital, Rebel Fund, BLH Ventures, and industry angels including members of the founding team of Plaid and former executives from Cox Automotive.

Key Points: 
  • Over $13B is lost each year from uninsured motorists and mortgages and auto loans are prohibitively expensive for many borrowers.
  • Because many third-parties are missing access to real-time insurance data, leaving no way of accurately assessing risk at scale.
  • Axle bridges the gap between insurance and parallel industries, whereas most insurtechs solve for distribution or administration.
  • "Axle automates this process through a universal API for insurance data, enabling our customers to make decisions in seconds."

Xtant Medical Acquires Coflex® Product Line from Surgalign for $17 Million

Retrieved on: 
Wednesday, March 1, 2023

BELGRADE, Mont. and DEERFIELD, Ill., March 01, 2023 (GLOBE NEWSWIRE) -- Xtant Medical Holdings, Inc. (NYSE American: XTNT), a global medical technology company focused on surgical solutions for the treatment of spinal disorders, and Surgalign Holdings, Inc., (NASDAQ: SRGA), a global medical technology company focused on elevating the standard of care by driving the evolution of digital surgery, today announced the completion of a transaction between the companies.

Key Points: 
  • On February 28, 2023, Xtant Medical and Surgalign entered into a Definitive Agreement and subsequently closed on the transaction whereby Xtant acquired the Coflex® and Cofix product lines from Surgalign for a total consideration of $17 million.
  • Cofix is a supplemental fixation device, which is a minimally invasive system intended for use on all levels of the lumbar spine.
  • “We are thrilled to acquire the Coflex and Cofix product lines, which will help accelerate our top-line growth and position Xtant to achieve critical mass,” said Sean Browne, President and CEO of Xtant Medical.
  • “Coupled with our less invasive Axle interspinous device and Silex SI Fusion product lines, Coflex augments our offering in the fast-growing segments of ASC and outpatient procedures.

Xtant Medical Acquires Coflex® Product Line from Surgalign for $17 Million

Retrieved on: 
Wednesday, March 1, 2023

BELGRADE, Mont. and DEERFIELD, Ill., March 01, 2023 (GLOBE NEWSWIRE) -- Xtant Medical Holdings, Inc. (NYSE American: XTNT), a global medical technology company focused on surgical solutions for the treatment of spinal disorders, and Surgalign Holdings, Inc., (NASDAQ: SRGA), a global medical technology company focused on elevating the standard of care by driving the evolution of digital surgery, today announced the completion of a transaction between the companies.

Key Points: 
  • On February 28, 2023, Xtant Medical and Surgalign entered into a Definitive Agreement and subsequently closed on the transaction whereby Xtant acquired the Coflex® and Cofix product lines from Surgalign for a total consideration of $17 million.
  • Cofix is a supplemental fixation device, which is a minimally invasive system intended for use on all levels of the lumbar spine.
  • “We are thrilled to acquire the Coflex and Cofix product lines, which will help accelerate our top-line growth and position Xtant to achieve critical mass,” said Sean Browne, President and CEO of Xtant Medical.
  • “Coupled with our less invasive Axle interspinous device and Silex SI Fusion product lines, Coflex augments our offering in the fast-growing segments of ASC and outpatient procedures.

Global electric & hybrid semi-trailers market is projected to reach USD 8.33 billion by 2030 growing at a CAGR of 16.8%

Retrieved on: 
Tuesday, January 24, 2023

As governments across the globe are working towards carbon neutrality, making trailers greener is an important step.

Key Points: 
  • As governments across the globe are working towards carbon neutrality, making trailers greener is an important step.
  • Recently, electric & hybrid semi-trailer trucks have dramatically increased in popularity due to the steady innovation in electric vehicles and a high demand for sustainable and cost effective commercial vehicles.
  • The North American market is currently in the replacement phase with an aging fleet that needs to be replaced with technologically advanced electric & hybrid semi-trailers.
  • The increase in the overall industrial production has led to increased freight transportation, fueling the demand for semi-trailers in this region.