Lightspeed Venture Partners

Webull Corporation, a Leading Digital Investment Platform, to Publicly List Through Business Combination with SK Growth Opportunities Corporation (NASDAQ: SKGR)

Retrieved on: 
Wednesday, February 28, 2024

Webull is a leading digital investment platform built upon a next-generation, global infrastructure.

Key Points: 
  • Webull is a leading digital investment platform built upon a next-generation, global infrastructure.
  • Webull launched in the United States in 2018 and has since expanded to Asia Pacific, Europe and Latin America.
  • Today, the Webull App has been downloaded more than 40 million times and has 20 million registered users globally.
  • "The business combination with SK Growth marks a significant milestone for Webull.

Cato Networks Grew 59% in 2023

Retrieved on: 
Wednesday, February 28, 2024

TEL AVIV, Israel, Feb. 28, 2024 /PRNewswire/ -- Cato Networks, the leader in SASE, today announced strong 2023 business results including 59% revenue growth, the addition of more than 700 new enterprise customers, ongoing channel expansion, and continued innovation across Cato's pioneering SASE platform.

Key Points: 
  • "Enterprises of all sizes replaced expensive legacy infrastructure and security products with Cato in 2023," continued Kramer.
  • Cato Networks named a leader in the Forrester Wave™: Zero Trust Edge Solutions Q3 2023 report that also recognized Cato as the "poster child" for ZTE and SASE.
  • Frost & Sullivan recognized Cato as a growth and innovation leader in SASE and in the 2023 " Product Leadership Award " for its Cato SSE 360, a key component of the Cato SASE Cloud platform.
  • Fortune named Cato Networks to the Cyber 60 , a list of the fastest growing private security companies in the world.

Cato Networks Grew 59% in 2023

Retrieved on: 
Wednesday, February 28, 2024

TEL AVIV, Israel, Feb. 28, 2024 /PRNewswire/ -- Cato Networks, the leader in SASE, today announced strong 2023 business results including 59% revenue growth, the addition of more than 700 new enterprise customers, ongoing channel expansion, and continued innovation across Cato's pioneering SASE platform.

Key Points: 
  • "Enterprises of all sizes replaced expensive legacy infrastructure and security products with Cato in 2023," continued Kramer.
  • Cato Networks named a leader in the Forrester Wave™: Zero Trust Edge Solutions Q3 2023 report that also recognized Cato as the "poster child" for ZTE and SASE.
  • Frost & Sullivan recognized Cato as a growth and innovation leader in SASE and in the 2023 " Product Leadership Award " for its Cato SSE 360, a key component of the Cato SASE Cloud platform.
  • Fortune named Cato Networks to the Cyber 60 , a list of the fastest growing private security companies in the world.

Lightspeed Invests in RobCo's Growth Journey towards SME Robotics Automation Leadership

Retrieved on: 
Monday, February 26, 2024

Company is on track to become Europe's leader in autonomous and intelligent robotics.

Key Points: 
  • Company is on track to become Europe's leader in autonomous and intelligent robotics.
  • MUNICH, Feb. 26, 2024 /PRNewswire/ -- RobCo, an expert in modular, affordable, and connected robotics automation solutions for SMEs, welcomes global venture powerhouse Lightspeed Venture Partners as a new investor in a recent financing round (Series B).
  • The company raised $42.5 million from Lightspeed and additional investors to fuel its development and growth trajectory.
  • "We are only at the beginning of an extensive journey in automation and aim to become a leader in modular robot automation for SMEs in Europe.

Lightspeed Invests in RobCo's Growth Journey towards SME Robotics Automation Leadership

Retrieved on: 
Monday, February 26, 2024

Company is on track to become Europe's leader in autonomous and intelligent robotics.

Key Points: 
  • Company is on track to become Europe's leader in autonomous and intelligent robotics.
  • MUNICH, Feb. 26, 2024 /PRNewswire/ -- RobCo, an expert in modular, affordable, and connected robotics automation solutions for SMEs, welcomes global venture powerhouse Lightspeed Venture Partners as a new investor in a recent financing round (Series B).
  • The company raised $42.5 million from Lightspeed and additional investors to fuel its development and growth trajectory.
  • "We are only at the beginning of an extensive journey in automation and aim to become a leader in modular robot automation for SMEs in Europe.

Former Twilio Exec Launches Zocks, an AI-Powered Platform that Captures Industry Specific Insights from Client Conversations

Retrieved on: 
Thursday, February 15, 2024

The company’s first vertical focus is on the financial services industry, where a large amount of unproductive time is spent on administrative tasks.

Key Points: 
  • The company’s first vertical focus is on the financial services industry, where a large amount of unproductive time is spent on administrative tasks.
  • After a successful closed-beta with over 100 design partners, Zocks is now generally available with its first release focused on the financial services industry.
  • Zocks believes that AI tuned for specific use cases, paired with industry specific workflows and safety controls, are a winning combination.
  • Pairing industry specific use cases and workflows with AI is the key to unlocking productivity and helping companies scale.

Anatomy Unveils AI-Powered Financial Automation for Healthcare Organizations

Retrieved on: 
Tuesday, February 13, 2024

Anatomy Financial announces the launch of their AI-powered financial automation solutions for medical, dental, digital health, and healthcare billing companies.

Key Points: 
  • Anatomy Financial announces the launch of their AI-powered financial automation solutions for medical, dental, digital health, and healthcare billing companies.
  • Anatomy uses AI to automate the healthcare back-office by linking bank, claims, and accounting data to provide real-time financial insights and automated reconciliation.
  • Anatomy is a great solution for healthcare organizations that bill insurance, including independent practices like Raleigh Orthopaedics Clinic.
  • Sasha said: “We are thrilled to launch Anatomy and automate the financial processes unique to healthcare.

Redpanda Skyrockets in FY24: 300% Revenue Growth, 179% Customer Growth and Industry-first Streaming Data Advancements

Retrieved on: 
Tuesday, February 6, 2024

Redpanda , the streaming data pioneer, today announced record results for its 2024 fiscal year.

Key Points: 
  • Redpanda , the streaming data pioneer, today announced record results for its 2024 fiscal year.
  • Redpanda Cloud BYOC deployments more than tripled during the year.
  • "We are now scaling up new use cases on our event streaming architecture without worrying about spiraling infrastructure costs.
  • “The hero of the Redpanda story has always been the builder, hacker and the doer, hands on keyboard, building the future,” said Alex Gallego, founder and CEO of Redpanda.

Legit Security Announces Historic 2023 Year-End

Retrieved on: 
Wednesday, January 10, 2024

PALO ALTO, Calif., Jan. 10, 2024 (GLOBE NEWSWIRE) -- Legit Security, the leading application security posture management (ASPM) platform that enables secure application delivery, today announced that 2023 delivered the most successful year in the company’s history, including most recently being named to the Fortune Cyber 60 list of the most important venture-backed startups.

Key Points: 
  • Legit’s platform enables security leaders, including CISOs, product security leaders and security architects, to gain comprehensive visibility into risks across the development pipeline from the infrastructure to the application layer.
  • Key milestones Legit achieved in 2023 include:
    Achieved nearly 250% ARR (annual recurring revenue) growth in 2023 and secured a net retention rate of 190% while doubling the company’s customer base.
  • Legit was included in the “growth stage” category for its notable growth in 2023.
  • Being named as a “sample vendor” in several Gartner research reports, including “Innovation Insight for Application Security Posture Management,” Emerging Tech Impact Radar: Security” (supply chain security), “Hype Cycle for Application Security, 2023 (ASPM),” and “How to Select DevSecOps Tools for Secure Software Delivery.”
    Launching a collaboration with CrowdStrike to offer customers an integrated solution encompassing both Legit’s platform and CrowdStrike’s cloud security posture management (CSPM) platform, ensuring the cloud environments are optimally configured and safeguarded.

Zebec Debuts in Japan with Innovative Payroll and Payments Fintech

Retrieved on: 
Tuesday, January 9, 2024

Zebec , a category-defining fintech startup, proudly announces the launch of its advanced web3 payment and real-time payroll services in Japan.

Key Points: 
  • Zebec , a category-defining fintech startup, proudly announces the launch of its advanced web3 payment and real-time payroll services in Japan.
  • "Zebec’s venture into Japan is logical; it's an opportunity for us to contribute to the country’s already advanced financial infrastructure," says Sam Thapaliya, founder of Zebec.
  • Wagelink and advanced payroll technology, modernizing traditional payroll with the inclusion of stablecoin salary payments and cross-border remittances, in partnership with global fintech firms Circle and Stellar.
  • In effect, across its suite of real-time payroll, micropayments and on-and-off ramps through the Zebec Instant Card, Zebec is a crypto payments superapp, integrating the blockchain into everyday lives.