CXO

YURTS ANNOUNCES $16 MILLION IN SERIES A FUNDING TO ACCELERATE GROWTH

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Tuesday, September 19, 2023
Acceleration, SharePoint, LLM, Google Docs, Hallucination, Private sector, Enterprise, Partnership, Life, Defense, Synthetic media, CXO, Privacy, Startup company, Government, Bloomberg Beta, Organization, Farewell, Investment, Generative, Nava, Knowledge, AI, GPU, Medical device, Cryptocurrency, Nvidia

SAN FRANCISCO, Sept. 19, 2023 /PRNewswire/ -- Yurts, the enterprise-ready Generative AI platform, today announced a $16 million Series A to support its acceleration into the market. The oversubscribed funding round was led by Nava Ventures, with additional investments from XYZ Ventures, Bloomberg Beta, Mango Capital, and Essence VC. Yurts will leverage the capital to continue to build its secure AI platform and expand its technology team. This announcement follows a strategic partnership Yurts announced earlier this year with Nvidia and Lambda Labs to bring the secure GenAI platform to the market.

Key Points: 
  • The oversubscribed funding round was led by Nava Ventures , with additional investments from XYZ Ventures , Bloomberg Beta , Mango Capital , and Essence VC .
  • Yurts will leverage the capital to continue to build its secure AI platform and expand its technology team.
  • This announcement follows a strategic partnership Yurts announced earlier this year with Nvidia and Lambda Labs to bring the secure GenAI platform to the market.
  • Yurts.AI closes $16M Series A led by Nava Ventures with XYZ Ventures, Bloomberg Beta, Mango Capital, and Essence VC.

The Syndicate Group (TSG) Announces Strategic Investment in Veza to Accelerate Channel-Led Growth for the Identity Security Company

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Tuesday, September 12, 2023
Software as a service, TSG, Partnership, IPO, Syndicate (group), PALO, Disclosure, Risk management, CXO, History, Blackstone, Organization, Acquisition, Operational technology, Growth, Entrepreneurship, Ecosystem, Nealcidion socium, Ciso, Data, Online shopping, Cryptocurrency, Expedia, Blaj

PALO ALTO, Calif., Sept. 12, 2023 /PRNewswire/ -- Veza, the identity security company, and The Syndicate Group (TSG), a leading venture firm focused on revenue growth and new customer acquisition, today announced a strategic investment.  The new capital will be used to accelerate the execution and growth of Veza's channel partnership program as the company leverages TSG's growing network of leading channel partners and investors. 

Key Points: 
  • PALO ALTO, Calif., Sept. 12, 2023 /PRNewswire/ -- Veza , the identity security company, and The Syndicate Group (TSG), a leading venture firm focused on revenue growth and new customer acquisition, today announced a strategic investment.
  • The result is a significant rise in identity-related breaches and an urgent need for next-generation identity security solutions.
  • Veza exists to give CISOs and CIOs the tools they need to secure the access of identities before a breach occurs.
  • "Veza is particularly well-suited to capitalize on the channel ecosystem due to significant and growing market challenges related to identity security and data security.

Virgin Voyages Announces $550 Million in Funding Led by Ares Management to Further Accelerate Growth

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Friday, September 8, 2023
Virgin Voyages, LLP, MacAlpine, Crew, Kirkland & Ellis, Bain Capital, G.I. Joe, Virgin Group, CXO, Equity (finance), Goldman Sachs, Ship, Growth, Travel, Virginity, Management, Security (finance)

MIAMI, Sept. 8, 2023 /PRNewswire/ -- Virgin Voyages (the "Company"), the multi, award-winning cruise brand from Richard Branson's Virgin Group, today announced it has closed on a $550 million capital raise to accelerate its growth plans. The funding round was led by funds managed by the Private Equity Group of Ares Management ("Ares"), a leading global alternative investment manager, and also includes additional capital from existing investors including Virgin Group and Bain Capital. The new funding raise will enable Virgin Voyages to strengthen its financial position while supporting the brand's rapid expansion into international markets, with a relentless focus on creating an outstanding and innovative customer experience.

Key Points: 
  • MIAMI, Sept. 8, 2023 /PRNewswire/ -- Virgin Voyages (the "Company"), the multi, award-winning cruise brand from Richard Branson's Virgin Group, today announced it has closed on a $550 million capital raise to accelerate its growth plans.
  • The funding round was led by funds managed by the Private Equity Group of Ares Management ("Ares"), a leading global alternative investment manager, and also includes additional capital from existing investors including Virgin Group and Bain Capital.
  • Virgin Voyages announced it has closed on a $550 million capital raise to accelerate its growth plans.
  • Goldman Sachs & Co. LLC served as exclusive financial advisor and sole placement agent to Virgin Voyages.

Dataiku Hires Software Industry Veteran Krish Venkataraman as President as Everyday AI Leader Surpasses $230M ARR

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Wednesday, September 6, 2023
Vista Equity Partners, IPO, Regeneron Pharmaceuticals, Forbes Global 2000, NYSE Euronext, Wall Street, CXO, Blog, Organization, Public expenditure, Privatization, Acquisition, Partner, GM, Machine learning, ARR, Generative, Initial public offering, CFO, Standard Chartered, Growth, GTM, AI, SVP, LG Chem, SLB, Safety, Databricks, Cryptocurrency, Management, Medical device, Synthetic media, Marketing, Snowflake, Dataiku, Unilever

New York, NY, Sept. 06, 2023 (GLOBE NEWSWIRE) -- Dataiku , the platform for Everyday AI, today announced the appointment of Wall Street and software industry veteran Krish Venkataraman as President.

Key Points: 
  • New York, NY, Sept. 06, 2023 (GLOBE NEWSWIRE) -- Dataiku , the platform for Everyday AI, today announced the appointment of Wall Street and software industry veteran Krish Venkataraman as President.
  • "AI and specifically GenAI technology has the ability to transform businesses of all sizes, and Dataiku stands out as the organization to enable this transformation,” said Venkataraman.
  • “The company has made tremendous progress over the past decade developing a powerful AI platform that can fundamentally improve the core of any business.
  • ”
    Attend Dataiku’s annual thought leadership conference, Everyday AI NYC , on September 26 and Tech Day on September 27 to learn how you can put AI to work.

Sparkeey Me Limited launches Sparkeey in UK

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Monday, September 4, 2023
Music, PE, Border, Life, Cannes Lions International Festival of Creativity, EY, Smartphone, Horse, Service, Calendar, Microsoft, CXO, Research, Golf, Orientation, Creativity, The Eras Tour, Consumer, KPMG, Online shopping

LONDON, Sept. 04, 2023 (GLOBE NEWSWIRE) -- Sparkeey ( www.sparkeey.com ), a patent-pending D2C innovation Pop Culture calendar product, launches in the UK on app store.

Key Points: 
  • LONDON, Sept. 04, 2023 (GLOBE NEWSWIRE) -- Sparkeey ( www.sparkeey.com ), a patent-pending D2C innovation Pop Culture calendar product, launches in the UK on app store.
  • Sparkeey is represented and marketed by Sparkeey Me Limited, recipient of an award certificate at the Cannes Lions Marketing Festival 2023.
  • Sparkeey will also be used in second fiddle mode in workplaces which are future oriented in prioritising workplace happiness and productivity."
  • Based on behavioural design, Sparkeey has a social success orientation, is positivity-generating, promotes sustainability and productivity while being environmentally friendly.

NextGen Core Banking: 2023 Future of Banking Report - Tracing the Historical Transition from Paper-Based Procedures to Digital Systems Amid Legacy System Challenges - ResearchAndMarkets.com

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Friday, September 1, 2023
Mobile, Wireless, Technology, Finance, Fintech, Banking, Professional Services, Software, Digital Cash Management, Digital Assets, Internet, Data Management, Cloud, Nextgen, CXO, Research, Core banking, Retail, Cryptocurrency

The "NextGen Core Banking: The Future of Banking Q2 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "NextGen Core Banking: The Future of Banking Q2 2023" report has been added to ResearchAndMarkets.com's offering.
  • The report explores the historical transition from paper-based procedures to current digital systems, highlighting the challenges posed by legacy systems and their limitations in today's rapidly advancing technological era.
  • It underscores the significance of NextGen core banking platforms, outlining their modern, scalable, and open architectures.
  • Deep dive into the global evolution of Core Banking technology landscape to Next Gen, Limitations of the legacy systems and cloud native core banking.

Lyvely, the Disruptive Social Network, Secures Investment from Cypher Capital

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Thursday, August 31, 2023
Networking hardware, Communication, Partnership, Cryptocurrency, UGC, Web3, Social media, CXO, Platform, Big Tech, Fortune: Million Pound Giveaway, Video game, Lynyrd Skynyrd Lyve: The Vicious Cycle Tour

Co-founded by industry veterans Farah Zafar and Dave Catudal, Lyvely is set to redefine the social networking and social e-commerce landscape.

Key Points: 
  • Co-founded by industry veterans Farah Zafar and Dave Catudal, Lyvely is set to redefine the social networking and social e-commerce landscape.
  • "We are the world's first social networking profile that pays," says Zafar, Lyvely's Co-Founder and CEO.
  • "Big Tech platforms profit from your content, but when did you last receive a payment from Instagram?
  • The recent funding from Cypher Capital provides Lyvely with a strategic edge in the Web3 space.

Rackspace Technology Launches FAIR AI Diagnostic, Allowing Organizations to Baseline AI Readiness and Receive Tailored Recommendations on Next Steps in Minutes

Retrieved on: 
Tuesday, August 29, 2023
Cloud, Synthetic media, CXO, Creativity, Organization, SAN, Google Cloud, Generative, AI, FAIR, Sales, Medical device, Rackspace Technology

SAN ANTONIO, Aug. 29, 2023 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT) — a leading end-to-end, multicloud solutions company, today announced Foundry for AI by Rackspace (FAIR™) AI Diagnostic that allows organizations to baseline their AI readiness and receive tailored recommendations on next steps in minutes. The new, FAIR AI solution is free at fair.rackspace.com and distills key AI best practices gleaned from hundreds of customer use cases and years of collective technology experience.

Key Points: 
  • SAN ANTONIO, Aug. 29, 2023 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT) — a leading end-to-end, multicloud solutions company, today announced Foundry for AI by Rackspace (FAIR™) AI Diagnostic that allows organizations to baseline their AI readiness and receive tailored recommendations on next steps in minutes.
  • The new, FAIR AI solution is free at fair.rackspace.com and distills key AI best practices gleaned from hundreds of customer use cases and years of collective technology experience.
  • “The new FAIR AI Diagnostic is designed to accelerate the adoption of responsible AI in our customer organizations, and to establish the long-term viability of these AI solutions to drive the desired business outcomes,” said Srini Koushik, Rackspace CTO and Global Lead for FAIR.
  • Visit us at Google Cloud Next , August 29-31 in San Francisco at booth #217 for a FAIR AI Readiness Diagnostic demonstration.

Laura Padilla Joins Sapphire as Portfolio Growth’s Newest Partner and Head of Business Development

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Tuesday, August 29, 2023
Professional Services, Other Professional Services, Technology, Software, Asset Management, Networks, Consulting, Sapphire Ventures, Business development, Software as a service, Marketing, Global Partners, Head, Airtable, Business, Channel, CXO, Silicon, Hewlett Packard Enterprise, ARR, Engineering, Zoom Video Communications, Zoom, Growth, CIO, Micro ISV, BD, Bank, Sapphire

Sapphire (Sapphire Ventures, LLC), a global software venture capital firm backing companies of consequence, today announced that Laura Padilla has joined Sapphire as Portfolio Growth’s newest partner and Head of Business Development.

Key Points: 
  • Sapphire (Sapphire Ventures, LLC), a global software venture capital firm backing companies of consequence, today announced that Laura Padilla has joined Sapphire as Portfolio Growth’s newest partner and Head of Business Development.
  • In her new role, Laura will provide strategic counsel to Sapphire’s portfolio companies across their business development needs.
  • Previously a Sapphire Growth Advisor , Laura helped advise Sapphire’s portfolio companies on a range of BD and partner strategies and frameworks, Laura now joins Sapphire to help bolster Portfolio Growth’s impact.
  • “I have seen first-hand the power of Sapphire’s Portfolio Growth platform and the various ways it helps accelerate growth for portfolio companies,” said Laura Padilla, Partner and Head of Business Development, Portfolio Growth at Sapphire.

Rackspace Technology Participates in Google Cloud Next to Showcase the Company’s Google Cloud Offerings and Partnerships

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Monday, August 28, 2023
Cloud, Specialization, Partnership, ICE, Synthetic media, CXO, SAP, RITA, Anthos, Creativity, Organization, Multicloud, SAN, Google Cloud, Generative, Foundry, AI, FAIR, Software, Sales, Network equipment provider, Medical device, Infrastructure, Service, Bad Aibling Station, Rackspace Technology

SAN ANTONIO, Aug. 28, 2023 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT) — a leading end-to-end, multicloud solutions company, today announced its participation at Google Cloud Next, held August 29-31 in San Francisco.

Key Points: 
  • SAN ANTONIO, Aug. 28, 2023 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT) — a leading end-to-end, multicloud solutions company, today announced its participation at Google Cloud Next, held August 29-31 in San Francisco.
  • Google Cloud Next brings together over 15,000 developers, IT professionals, and CXOs worldwide for three days of immersive content and networking opportunities.
  • Event Attendees can visit Rackspace at booth #217 to learn more about Rackspace’s partnership with Google Cloud and the cutting-edge generative AI services and solutions using the Foundry for Generative AI by Rackspace (FAIR™) Practice.
  • Aible’s solutions are built on Google Cloud, while Rackspace provides end-to-end services to manage and deploy in the customer’s environment.