GGV Capital

Nium Appoints Payments Industry Leaders, Huey Lin and David Yates, to Board of Directors

Retrieved on: 
Monday, October 3, 2022
Solution, Entrepreneurship, SEPA, Lightspeed Venture Partners, PayPal, New Payments Platform, Industry, CEO, Geography, First Data, Growth, Mastercard, Policy, Leadership, Sale, Affirmation, Partner, Organization, GGV Capital, Financial services, Management, Fiserv, Vocalink, Flexport, Western Union

SINGAPORE, Oct. 3, 2022 /PRNewswire/ -- Nium, the global platform for Modern Money Movement, today announced the appointment of two new board members, Huey Lin and David Yates. The new independent directors add deep experience in the global payments industry, having guided several organizations through stages of rapid growth.

Key Points: 
  • The new independent directors add deep experience in the global payments industry, having guided several organizations through stages of rapid growth.
  • "Huey and David will be instrumental in helping drive business strategy, while contributing to our accelerated growth and product innovation.
  • Huey Lin is a Venture Partner with GGV Capital where she supports and advises the fund's portfolio companies.
  • Nium holds regulatory licenses and authorizations in over 40 countries, enabling seamless global payments and rapid integration, regardless of geography.

Workstream Raises Additional $60M, Extending Series B Round to $108M

Retrieved on: 
Thursday, September 29, 2022
Professional Services, Apps, Applications, Technology, Other Technology, Human Resources, Mobile, Wireless, Software, Soma, Marriott International, Workforce, Ace Hardware, US, Wil, Founders Fund, Lightning, Nursing, BOND, European Wax Center, Health, Burger King, Stripe, CPO, COO, COVID, Investment, Allbirds, Nationwide Mutual Insurance Company, CEO, Technology, CRO, CRV, LVMH, GGV Capital, Transport, QSR, Restaurant, UPS, Caregiver, HCM, Overalls, SVP, Gap Inc., StockX, Lattice, Labour, Management

Workstream , the mobile-first hiring and onboarding platform for the deskless workforce, today announced it has extended its Series B funding round with an additional close of $60 million, bringing the total Series B financing to $108 million.

Key Points: 
  • Workstream , the mobile-first hiring and onboarding platform for the deskless workforce, today announced it has extended its Series B funding round with an additional close of $60 million, bringing the total Series B financing to $108 million.
  • More than two dozen investors are participating in the oversubscribed extension round, including both institutional funds and angel investors.
  • The financing enables Workstream to double down on its mission of serving the deskless workforce, which continues to flourish post-COVID and the Great Resignation.
  • Were excited to see Workstream continue to expand into new verticals, in particular the retail sector, which was profoundly impacted by COVID.

Tray.io Secures $40 Million to Remedy Unintended Consequences Companies Face on Their Path to Digital Transformation

Retrieved on: 
Tuesday, September 27, 2022
Software, Technology, Data Management, Tray, Digital, Time, Efficiency, Risk, CPP, Organization, CPP Investment Board, Growth, Investment, Economics, StepStone Group, Automation, CEO, Technology, Solution, GGV Capital, Logic, Spark Capital, General partnership, Specialization, Meritech Capital Partners, Software as a service, Elasticity, Cryptocurrency, Online shopping, Podium

Tray.io , the leader in low-code automation and integration, today announced $40 million in funding to solve the business process inefficiencies companies encounter when undergoing rapid digital transformation.

Key Points: 
  • Tray.io , the leader in low-code automation and integration, today announced $40 million in funding to solve the business process inefficiencies companies encounter when undergoing rapid digital transformation.
  • Tray.io is providing a new approach to low-code automation and integration that changes the game for hyperautomation.
  • According to Gartner1, the need for hyperautomation is creating a total software market opportunity that will reach $860 billion by 2025.
  • Digital transformation, accelerated by the pandemic, has resulted in unintended consequences across organizations.

Avidbots Raises $70m in Series C Funding

Retrieved on: 
Tuesday, September 27, 2022
Other Manufacturing, Technology, Finance, Venture Capital, Other Technology, Professional Services, Software, Manufacturing, Hardware, Robotics, Regional Municipality of Waterloo, Washburn, Engineering, Workload, SOSV, Golden Venture, Organization, Health, BDC, Industry, Sentinel Capital Partners, Automation, GGV Capital, Neo, Robotics, Hyperfocus, Disinfectant, Marketing, Multimedia, Airport, Fatigue, Education, Warehouse, Neos

Avidbots , one of the worlds leading robotics companies, today announced it has raised $70 million USD in Series C funding.

Key Points: 
  • Avidbots , one of the worlds leading robotics companies, today announced it has raised $70 million USD in Series C funding.
  • New investorsBMO Capital Partners, Golden Vision Capital and Nicola Wealthalso joined in the latest funding round.
  • Powered by Avidbots Autonomy, Neo understands and reacts to its operating environment and takes action to maximize cleaning productivity while minimizing human intervention.
  • Founded in 2014 and headquartered in Kitchener, ON, Canada, Avidbots offers comprehensive service and support to customers on five continents.

Unravel Data Raises $50 Million Series D Funding to Accelerate the Next Generation of DataOps Observability

Retrieved on: 
Tuesday, September 27, 2022
Professional Services, Data Management, Technology, Data Analytics, Software, Artificial Intelligence, YouTube, Adoption, VP, Time, DevOps, Machine learning, DataOps, Â, Deutsche Bank, Adobe, Environment, Menlo Ventures, Intelligence, VP/CSS, Automation, CEO, Running, GGV Capital, BigQuery, Databricks, AI, Data, Big data, Computer data storage, Bridge bank, Kroger, Professional Services, Data Management, Technology, Data Analytics, Software, Artificial Intelligence

Unravel Data , the first DataOps observability platform built to meet the needs of modern data teams, today announced that it has closed a $50 million Series D round of funding to accelerate the next generation of DataOps observability.

Key Points: 
  • Unravel Data , the first DataOps observability platform built to meet the needs of modern data teams, today announced that it has closed a $50 million Series D round of funding to accelerate the next generation of DataOps observability.
  • Data engineers and data scientists currently spend more than half their day debugging and troubleshooting issues on the thousands of data pipelines in their environment, said Kunal Agarwal, CEO of Unravel Data.
  • To learn more about how Unravel Data is helping data teams tackle some of todays most complex big data challenges, visit: www.unraveldata.com .
  • Unravel Data radically transforms the way businesses understand and optimize the performance and cost of their modern data applications and the complex data pipelines that power those applications.

OmniML Launches Platform that Reimagines MLOps for Edge AI

Retrieved on: 
Tuesday, September 20, 2022
Data Management, Semiconductor, Technology, Mobile, Wireless, Software, Artificial Intelligence, Hardware, Machine learning, MIT, Central processing unit, ML, VCS, IOT, Computer vision, MLOps, Solution, GGV Capital, Head, Doctor of Philosophy, Robotics, Artificial intelligence, Stanford University, Natural language processing, Graphics processing unit, Qualcomm, AI, Qualcomm Ventures, Medical device, Video game console, 3D printing, Facebook

OmniML , a startup making artificial intelligence (AI) more accessible to all edge devices, today announced the release of Omnimizer, a platform that simplifies and accelerates machine learning operations (MLOps) by bridging the gap between ML models and edge hardware.

Key Points: 
  • OmniML , a startup making artificial intelligence (AI) more accessible to all edge devices, today announced the release of Omnimizer, a platform that simplifies and accelerates machine learning operations (MLOps) by bridging the gap between ML models and edge hardware.
  • Such a mismatch greatly hinders the potential of AI and has been a universal barrier for companies at the frontier of the edge AI revolution.
  • OmniMLs AI software enables enterprises that work on mobile, automotive, robotics, and IoT applications to produce small, fast, and energy-efficient ML models for on-device AI.
  • OmniML solves the mismatch between AI development and hardware deployments to make AI more accessible everywhere.

TDengine Cloud-Managed Service Delivers a Serverless, Purpose-Built Time-Series Data Platform for Instant Deployment, Elastic Scale and Simplified Management

Retrieved on: 
Tuesday, September 20, 2022
Cloud, Tao, Time, Database, AWS, Organization, VPC, Java, IP, GitHub, Node.js, Google Cloud, CEO, SQL, GGV Capital, Architecture, Python, MQTT, GLOBE, Â, Video game console, Information technology

CAMPBELL, Calif., Sept. 20, 2022 (GLOBE NEWSWIRE) -- TDengine today released TDengine Cloud , a fully managed, open-source cloud time-series data platform.

Key Points: 
  • CAMPBELL, Calif., Sept. 20, 2022 (GLOBE NEWSWIRE) -- TDengine today released TDengine Cloud , a fully managed, open-source cloud time-series data platform.
  • TDengine Cloud lets organizations easily start, operate, and scale the TDengine time-series data platform in AWS, Azure, and Google Cloud.
  • The TDengine Data Platform combines a database with caching, stream processing, and data subscription as a complete, purpose-built solution for time-series data.
  • With built-in caching, stream processing and data subscription, TDengine dramatically reduces the tools needed to start, operate, and manage time-series data at scale.

Bowery Farming Expands Product Offerings with Ready-to-Eat Salad Kits

Retrieved on: 
Thursday, September 15, 2022
Giant, Albertsons, Software, CEA, Walmart, Time, Agriculture, SKU, First Round Capital, City, Eating, Controlled-environment agriculture, General Catalyst, Season, Mid-Atlantic (United States), Giant Food, Safeway, GGV Capital, Temasek, Amazon Fresh, Robotics, Food, Heart, Water, Flatiron, GV (company), Lettuce, Multimedia, Four Seasons, AI, Vinaigrette, Fast food, Nightclub, Grocery store, GV, Bowery, Eataly, Acme, Wakefern Food Corporation

NEW YORK, Sept. 15, 2022 /PRNewswire/ -- Bowery, the largest vertical farming company in the U.S, announces today the launch of salad kits, expanding product offerings into the ready-to-eat category. With the introduction of three salad kit flavors featuring forkable greens, bold flavor, and crunchy toppings from pepitas to parm crisps, Bowery is elevating the grab-and-go salad experience.

Key Points: 
  • NEW YORK, Sept. 15, 2022 /PRNewswire/ -- Bowery , the largest vertical farming company in the U.S, announces today the launch of salad kits, expanding product offerings into the ready-to-eat category.
  • With the introduction of three salad kit flavors featuring forkable greens, bold flavor, and crunchy toppings from pepitas to parm crisps, Bowery is elevating the grab-and-go salad experience.
  • Bowery continues to demonstrate product category leadership in Controlled Environment Agriculture (CEA) with the introduction of ready-to-eat salad kits, the fastest growing category in packaged salad with $2.0B in annual sales.
  • The launch of salad kits will help us meet booming consumer demand in the ready-to-eat category," said Katie Seawell, Chief Commercial Officer, Bowery.

NS1 Names Former Amplitude and ServiceNow Leader Kim Kaminski as Chief Marketing Officer

Retrieved on: 
Thursday, September 15, 2022
Intel, Software, ServiceNow, NS1, NYSE, AWS, Deloitte, Internet, LinkedIn, Growth, CMO, Investment, Intelligence, Amplitude, CEO, Solution, GGV Capital, NASDAQ, GLOBE, Marketing, EBay, Splunk

NEW YORK, Sept. 15, 2022 (GLOBE NEWSWIRE) -- NS1 , the leader in smart network control solutions, today announced the appointment of Kim Kaminski, a veteran marketing leader with more than 25 years of experience, as chief marketing officer (CMO).

Key Points: 
  • NEW YORK, Sept. 15, 2022 (GLOBE NEWSWIRE) -- NS1 , the leader in smart network control solutions, today announced the appointment of Kim Kaminski, a veteran marketing leader with more than 25 years of experience, as chief marketing officer (CMO).
  • Kaminski is chartered with elevating the companys market presence and formulating breakthrough global marketing programs for its portfolio of innovative network infrastructure solutions .
  • Kaminski most recently served as vice president of global marketing at Amplitude (NASDAQ: AMPL), where she led field, partner, and digital marketing to source over 50% of the companys pipeline.
  • Her arrival follows several recent high-profile hires that round out NS1s C-suite, including Chief Revenue Officer Andy Hershey , formerly of Splunk.

Wish Appoints Joe Yan Interim CEO and Reiterates Third Quarter 2022 Adjusted EBITDA Guidance

Retrieved on: 
Thursday, September 8, 2022
Software, Internet, Technology, Apps, Applications, Electronic Commerce, Online Retail, Mobile, Wireless, Retail, Security (finance), CEO, Technology, Business International Corporation, EBITDA, TikTok, NASDAQ, YouTube, Strategic partnership, GGV Capital, Amazon China, Yan, Board, Greater China, Google China, SEC, U.S. Securities and Exchange Commission, Data science, Vipshop, Stripe, Merchant services, Instagram, Wish (platform), Company, News, Twitter, Alibaba Group, Marketing, Annual report, Compte rendu, Director, Private Securities Litigation Reform Act, Growth, Safe harbor, Management, Online shopping

Yan brings almost two decades of experience across ecommerce strategy and operation, product management, sales and marketing and business development.

Key Points: 
  • Yan brings almost two decades of experience across ecommerce strategy and operation, product management, sales and marketing and business development.
  • In addition to his role as interim CEO of Wish, Yan will retain his position as Operating Partner at GGV Capital.
  • As previously communicated during the Companys second quarter 2022 earnings call, Wish remains on track to achieving an adjusted EBITDA loss in the range of ($110) million to ($130) million during the three-month period ending September 30, 2022.
  • The Company will provide additional detail on its financials and operational progress when it reports its full third quarter 2022 results.