Riskified

Aerospike Closes $109M in Growth Capital from Sumeru Equity Partners

Retrieved on: 
Thursday, April 4, 2024
Cloud, Research, Organization, Documentation, AppsFlyer, Growth, Partnership, Riskified, RAG, History, Artificial intelligence, AI, Carbon, Adobe, Workload, PayPal, Machine learning, Barclays

MOUNTAIN VIEW, Calif., April 04, 2024 (GLOBE NEWSWIRE) -- Aerospike , Inc. (“Aerospike”) today announced the close of a $109M growth capital investment from Sumeru Equity Partners (“Sumeru”) with additional investment from existing investor Alsop Louie Partners.

Key Points: 
  • MOUNTAIN VIEW, Calif., April 04, 2024 (GLOBE NEWSWIRE) -- Aerospike , Inc. (“Aerospike”) today announced the close of a $109M growth capital investment from Sumeru Equity Partners (“Sumeru”) with additional investment from existing investor Alsop Louie Partners.
  • Aerospike powers many of the largest transactional and machine learning (AI/ML) applications at global enterprises, including Adobe , AppsFlyer , Barclays , Flipkart , Myntra , PayPal , and Riskified .
  • Aerospike enables organizations to feed AI/ML systems high volumes of real-time data faster and at significantly lower cost than other database providers.
  • We are elated to partner with Sumeru on our next phase of growth as we seek to drive ongoing innovation and investment in our products.”
    Sumeru provides growth capital, scaling partnership, and operating expertise to leading enterprise software companies.

Nominal Launches with Generative AI to Disrupt the $44B ERP Market

Retrieved on: 
Wednesday, March 27, 2024
Technology, Finance, Venture Capital, Fintech, Accounting, Professional Services, Software, Internet, Data Management, Artificial Intelligence, Financial management, Automation, Intel, Growth, ServiceNow, Veteran, Riskified, Salesforce, ERP, AI, Generative, Engineering, ASC, Multimedia, Leibovitz, ERPs, Gartner, NetApp, CPA, Cryptocurrency

View the full release here: https://www.businesswire.com/news/home/20240327000607/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240327000607/en/
    Nominal Launches with Generative AI to Disrupt the $44B ERP Market (Photo: Business Wire)
    The $44 billion ERP market (Gartner 2023), originally revolutionized by the cloud, now grapples with outdated systems requiring costly engineering to meet modern companies’ needs.
  • Nominal believes that generative AI is a pivotal technology, especially in light of the decline in CPA candidates and the surge of financial and accounting point solutions.
  • Nominal is poised for rapid mid-market growth by using AI and cloud technology to disrupt the ERP market,” said Nathan Shuchami, managing partner with Hyperwise Ventures.
  • “Nominal leverages AI to deliver a next generation ERP solution purpose-built for mid-market enterprises that includes out-of-the-box integrations and a modern user experience."

Shoptalk Opens Registration for Inaugural Fall Event

Retrieved on: 
Wednesday, March 20, 2024
Supply Chain Management, Online Retail, Department Stores, Specialty, Electronic Commerce, Convenience Store, Technology, Digital Marketing, Retail, Marketing, Communications, Content Marketing, Trove, Sorting, RSM US, Circle Commerce, PetSmart, Kohl's, SHEIN, YouGov, Autumn, CoreLogic, Wayfair, Zalando, Sephora, Walmart, Rewind, Textile, McDonald's, Constructor, CJ Affiliate, Crown Peak, Marriott International, Commerce, Acumatica, Cloudinary, EMarketer, The North Face, The Home Depot, AfterShip, Contentful, PebblePost, Nuvei, Amplitude, Abercrombie & Fitch, Yum! Brands, Coveo, WHP, Riskified, Connected relation, Ulta Beauty, EFI, NewStore

Shoptalk, the leading global event for retail innovation, today announces the registration, launch and preliminary agenda of Shoptalk Fall.

Key Points: 
  • Shoptalk, the leading global event for retail innovation, today announces the registration, launch and preliminary agenda of Shoptalk Fall.
  • “Shoptalk Spring has served as the annual touchpoint for the retail industry to come together to innovate, collaborate and redefine the retail ecosystem, but the call for another opportunity to connect has grown louder and louder” said Sophie Wawro, Global President, Shoptalk.
  • Shoptalk Fall participants will also have the opportunity to take part in Meetup—the world’s largest meetings program for the retail industry that will be facilitating more than 20,000 double-opt-in meetings during the event.
  • Registration for Shoptalk Fall 2024 is now open.

Liminal's New Ranking Reveals the Top 15 Providers in the Link Index for Transaction Fraud Prevention in E-Commerce 2024

Retrieved on: 
Thursday, March 14, 2024
Mastercard, Annual report, Database, Visa, Intelligence, Riskified, LexisNexis Risk Solutions, Equifax, Research, Vesta, CyberSource, AI, Engineering, Online shopping

NEW YORK, March 14, 2024 /PRNewswire/ -- Liminal released the 2024 Link Index for Transaction Fraud Prevention in E-Commerce , its annual report of the top vendors meeting merchant demands for fraud detection and prevention capabilities.

Key Points: 
  • NEW YORK, March 14, 2024 /PRNewswire/ -- Liminal released the 2024 Link Index for Transaction Fraud Prevention in E-Commerce , its annual report of the top vendors meeting merchant demands for fraud detection and prevention capabilities.
  • In this competitive landscape, the Top 15 providers emerged with transaction fraud prevention solutions for e-commerce that meet needs for product capabilities and market strategy to future-proof fraud strategies.
  • "E-commerce companies are challenged with tackling AI fraud threats, reducing user friction, and rising fraud costs," says Liminal CEO, Travis Jarae .
  • The 2024 Link Index for Transaction Fraud Prevention in E-Commerce resolves this by evaluating and ranking the top 15 vendors, offering advanced technologies for strong fraud detection, improved customer experience, and reduced fraud costs, guiding merchants to make informed decisions."

PayToMe.co Elevates Fintech Ecosystem as Official Plaid Partner

Retrieved on: 
Monday, March 11, 2024
Partnership, Riskified, Partner, Travel, Treasury, PALO, Fintech, Online shopping

PALO ALTO, Calif., March 11, 2024 /PRNewswire/ -- In a groundbreaking move set to redefine the fintech landscape, PayToMe.co, an international award-winning Digital Payment Platform and strategic partner of NASDAQ-listed AppTech Payments Corp., proudly announces its strategic partnership with Plaid, the world's leading financial data network. This alliance is poised to revolutionize the way businesses across the globe, particularly within the e-commerce, travel, and hospitality sectors, engage with financial data services, marking a new era of secure, seamless, and innovative financial solutions.

Key Points: 
  • Leveraging the impactful alliances Plaid formed with industry giants like Okta, Fiserv, Treasury Prime, and Riskified, PayToMe.co now offer unprecedented access to Plaid's sophisticated financial data sharing technology.
  • Elevated into Plaid's prestigious Partner Directory as a Platform Partner and Reseller Partner, PayToMe.co is sparking a new era of fintech solutions for international markets.
  • This partnership is more than an alliance; it's a launchpad for global fintech innovation."
  • This offering allows businesses to harness PayToMe.co's innovative digital payment solutions alongside real-time financial data from Plaid.

Riskified Files its Annual Report on Form 20-F

Retrieved on: 
Wednesday, March 6, 2024
Security, Payments, Electronic Commerce, Data Management, Technology, Fifth Avenue, Riskified, 2nd Floor, E-commerce, Bank statement, Annual report

Riskified Ltd. (NYSE: RSKD), a leader in eCommerce fraud and risk intelligence, today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the U.S. Securities and Exchange Commission (“SEC”).

Key Points: 
  • Riskified Ltd. (NYSE: RSKD), a leader in eCommerce fraud and risk intelligence, today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the U.S. Securities and Exchange Commission (“SEC”).
  • The annual report on Form 20-F can be accessed on the Company’s investor relations website at https://ir.riskified.com or on the SEC’s website at www.sec.gov .
  • Riskified will provide a hard copy of the annual report containing its audited consolidated financial statements, free of charge, to its shareholders upon request.
  • Requests should be directed in writing by email to [email protected] , or by post to Riskified Ltd., 220 5th Avenue, 2nd Floor, New York, NY 10001.

Torq Achieves 300% Revenue Growth and 500% Customer Growth Across 2023, and Raises $120m Total Funding, Setting Up Aggressive Scale and Innovation for 2024

Retrieved on: 
Tuesday, January 23, 2024
Data Management, Security, Technology, Software, Networks, Artificial Intelligence, Internet, Carvana, HWG, Senior, IDC, Palo Alto Networks, IronSource, MDR, Telefónica, Fortune 500, ZoomInfo, Face, Wiz, Partnership, Intelligence, HashiCorp, Partner, Riskified, Ecosystem, Gigaom, Gold, SentinelOne, SOAR, Agoda, Automation, Mars, ROI, Medical device

Torq’s significantly increasing customer momentum included the signing of major new logos, including Blackstone, Carvana, Deepwatch, Nubank, Riskified, Rivian, Telefonica, and ZoomInfo.

Key Points: 
  • Torq’s significantly increasing customer momentum included the signing of major new logos, including Blackstone, Carvana, Deepwatch, Nubank, Riskified, Rivian, Telefonica, and ZoomInfo.
  • In addition, Torq announced the new Torq Partner Acceleration and Torq For MDR programs.
  • Together, Morris, Jeter, and Muir are helping propel Torq into its next phase of aggressive growth and shaping the company’s strategic approach to maximize pipeline, customer engagement, and brand and partner reach.
  • Instead, Torq offers its partner ecosystem–including Optiv, Guidepoint, Trace3, Stratascale, and TD Synnex–a customer outcome-based tiering system.

CockroachDB 23.2 Enhances Enterprise Architectures with Improved Postgres Compatibility and Built-in Resilience

Retrieved on: 
Thursday, January 18, 2024
Cloud, SQL Server, Landmark Group, Research, SQL, Database, MAGIC, Uptime, Magic, LMS, Riskified, MySQL, Risk, Environment, CockroachDB, Magic Quadrant, Organization, Server, PostgreSQL, RPO, PCR, Publication, Online shopping

NEW YORK, Jan. 18, 2024 /PRNewswire/ -- Cockroach Labs, the leading provider of cloud-native distributed SQL databases, today announced the release of CockroachDB 23.2. This latest version introduces several key capabilities that elevate the ability to modernize enterprise architectures, including Stored Procedures, MOLT Live Migration Service (LMS), Physical Cluster Replication (PCR), and Read Committed isolation.

Key Points: 
  • The updates made to CockroachDB address industry trends and challenges faced by enterprises in their journey to modernize their infrastructure.
  • With more than two-thirds of all outages costing more than $100,000, the business case for resiliency is clear or apparent.
  • In this release, CockroachDB supports MySQL, Postgres, and CockroachDB (self-hosted, dedicated, or serverless) as sources.
  • Improving the resilience of existing infrastructures: Architects and operators who design and manage applications in enterprise environments with two locations face unique challenges in ensuring high resilience.

Vendelux Ranks Top 100 Enterprise Brands in Inaugural Event ROI Index

Retrieved on: 
Wednesday, December 13, 2023
Marketing, Entertainment, Communications, Technology, Events, Concerts, Software, Artificial Intelligence, B2B, Senior, Organization, ROI, Investment, CRM, Data, Artificial intelligence, CMOS, Intelligence, Index, CFOS, ICP, ABM, Growth, AI, Risk management, InMobi, Riskified

Vendelux , the first AI-powered event intelligence platform, today announced the debut of its inaugural Event ROI Index , a ranking of 100 top enterprise brands based on the ROI derived from their in-person event strategy and budget.

Key Points: 
  • Vendelux , the first AI-powered event intelligence platform, today announced the debut of its inaugural Event ROI Index , a ranking of 100 top enterprise brands based on the ROI derived from their in-person event strategy and budget.
  • For the Event ROI Index, Vendelux leveraged its proprietary 65M+ data points from over 160,000 events to quantify the business value of leading enterprise brands’ events strategies; to identify the variables that most impact event ROI; and to determine areas for optimization with regards to in-person event attendance, sponsorship, and speaking engagements for businesses to derive the best outcomes.
  • Vendelux created the Event ROI Index as countless enterprise brands used the platform to derive a better understanding of where competitors were investing their event budgets.
  • To facilitate brands improving their event strategies with a data-driven approach, and therefore optimize budgets and improve time to close, is our mission at Vendelux.”
    For the Event ROI Index, Vendelux studied brands’ event investments from January 1, 2023 through September 30, 2023 and scored 100 enterprise brands, as selected by Vendelux, on the value they derive from their event strategies.

Riskified Continues to Execute on Land and Expand Strategy to Achieve Third Quarter Revenue Growth of 14%

Retrieved on: 
Wednesday, November 15, 2023
Data Management, Security, Technology, Software, Electronic Commerce, Artificial Intelligence, Webcast, Disclosure, EBITDA, Conference proceedings, Security (finance), Depreciation, Annual report, Privacy, Exercise, Risk, Share repurchase, Tax, History, Insurance, Public expenditure, Stock dilution, Artificial intelligence, Instability, GAAP, Adjustment, PSD2, E-commerce, Partnership, Table, Gross merchandise volume, CTB, Growth, Failure, Performance indicator, GMV, Cryptocurrency, Bookkeeping, Bank, Riskified

These results are testament to the overall strength of the business, and to our ability to execute and find leverage in the model.

Key Points: 
  • These results are testament to the overall strength of the business, and to our ability to execute and find leverage in the model.
  • We are updating our revenue guidance for the year ending December 31, 2023 as follows:
    Revenue between $297 million and $300 million.
  • We are committed to continuing to manage the business in a disciplined manner and seek to identify further leverage in the business model.
  • (1) GMV is a key performance indicator and Adjusted EBITDA is a non-GAAP measure of financial performance.