QED

Quincy Data Distributes the Lowest Latency Market Data Between New Jersey and Toronto-TMX

Retrieved on: 
Monday, April 8, 2024
Technology, Mobile, Wireless, Professional Services, Finance, QED, Data, ETF, TMX, Computer data storage

Quincy Data has launched the fastest market data service between the largest U.S. and Canadian equities exchanges.

Key Points: 
  • Quincy Data has launched the fastest market data service between the largest U.S. and Canadian equities exchanges.
  • “For years, consumers of ultra-low latency market data in Toronto have had only one option,” said Quincy Data co-founder Stephane Tyc.
  • In the coming months, Quincy and sister company McKay Brothers plan to extend their market data and private bandwidth services to Toronto’s Equinix-TR2 data center.
  • Quincy Data distributes an extensive portfolio of low latency market data globally.

Summer Announces $9M in Funding to Bring Its End-to-End Workplace Student Loan and Education Assistance Solution to HR Leaders

Retrieved on: 
Monday, April 8, 2024
Research, HR, Advisory board, DIRECTV, TIAA, Fintech, QED, Evergreen, Investment, Student loan, Retirement, Workplace, SoFi, ADP, Bank

NEW YORK, April 8, 2024 /PRNewswire-PRWeb/ -- Today, Summer –– the only end-to-end workplace student loan solution that saves employees an average of $40k and is proven to reduce turnover by 20% –– announced $9M in additional funding.

Key Points: 
  • With the round, Summer plans to expand its leadership team, grow its Advisory Board, and further enhance its tech-based solution that makes it simple to implement a range of student loan and education assistance benefits, including Secure 2.0 Student Loan Retirement Matching, Tuition Assistance and Student Loan Contributions, 529 Plan enrollment and matching, as well as enrollment in the SAVE Plan, Public Service Loan Forgiveness, and more than 100 free student loan assistance programs.
  • Even when student loan payments were paused, 38% of borrowers reported they delayed saving for retirement due to the burden of that debt.
  • "We believe Summer is uniquely equipped to help forward-thinking HR leaders navigate the complexity of student loan benefits and make it simple and cost-effective to offer benefits to employees."
  • This Advisory Board will work alongside Summer to ensure the team is delivering best-in-class solutions to the HR leaders who need them.

Hello Alice Announces Series C Funding Round and Expands Community to 1.5 Million Small Businesses

Retrieved on: 
Thursday, April 4, 2024
Equitable, Mastercard, SMB, Friction, Software as a service, Face, Woman, Ninja, History, Small business, QED, Hello, American Dream, Ecosystem, New Majority, Access, LP

HOUSTON, April 4, 2024 /PRNewswire/ -- Hello Alice, the fintech platform connecting 1.5 million small businesses to capital, connections and opportunities, announced today the close of a Series C funding round with QED Investors, as well as Mastercard and others, bringing their total company valuation to $130 million. This new funding will continue to fuel Hello Alice's expansion of its capital offerings and AI-driven financial health tools for small businesses. Additional investors in this round of funding included Backstage Capital, Guy Fieri, Golden Seeds, Harbert Growth Partners Fund, How Women Invest I, LP, Lovell Limited Partnership, Tyler "Ninja" and Jessica Blevins, and Tamera Mowry and Adam Housley.

Key Points: 
  • This new funding will continue to fuel Hello Alice's expansion of its capital offerings and AI-driven financial health tools for small businesses.
  • This year, the platform has significantly expanded its community and now supports 1.5 million small business owners, one of the largest SMB networks in the country.
  • The latest funding round will contribute to the expansion of the Hello Alice AI-driven financial health services and Small Business Funding Center.
  • "We are thrilled to hit the milestone of 1.5 million small businesses utilizing Hello Alice to elevate the American dream.

QED Secures $3 Million in Funding to Propel Fully Trustless Zero-Knowledge Applications Across the Bitcoin Ecosystem

Retrieved on: 
Tuesday, February 27, 2024
Knowledge, QED, JavaScript, ZK, Blockchain, Testnet, Python, TPS, Gold, Ecosystem, Web 2.0, ZKP, Immunity, Languages of Ethiopia, UOPS, BTC, Cryptocurrency

Decentralized applications built on QED can locally prove transactions, providing users with unlimited computation for a fixed gas fee.

Key Points: 
  • Decentralized applications built on QED can locally prove transactions, providing users with unlimited computation for a fixed gas fee.
  • "Bitcoin has traditionally lagged behind other blockchain protocols due to its lack of support for smart contracts and decentralized applications.
  • "We're pioneering a new frontier for decentralized applications that can take advantage of the liquidity of $1.01 trillion and growing Bitcoin market cap."
  • "We thrive on supporting exceptional teams and QED stands out as one that will accomplish much for the Web3 ecosystem.

HR Solution Remofirst Raises $25 Million Series A Funding to Make it Affordable and Easy to Employ Global Remote Teams

Retrieved on: 
Wednesday, March 6, 2024
Software, Technology, Professional Services, Human Resources, QED, Octopus Group, Multimedia, Volodymyr, Mastercard, World Health Organization, Organization, Tax, Zocdoc, Organizational founder, Cryptocurrency

View the full release here: https://www.businesswire.com/news/home/20240306357812/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240306357812/en/
    Remofirst cofounders Nurasyl Serik (left) and Volodymyr Fedoriv, who saw a need for a simple and affordable way for companies to legally and compliantly employ global teams, today announced $25 million in Series A venture capital funding.
  • This additional funding is a huge milestone for Remofirst, validating its vision for the future of global distributed teams and our superior solution that is affordable and easy to use.
  • The Remofirst solution leverages local in-country legal experts to ensure that its contracts are compliant in all locations, avoiding misclassification risks.
  • Prior to its Series A round, Remofirst raised $14.1 million in Seed funding in 2022.

NOVASPARKS EXPANDS ITS COVERAGE OF THE WIRELESS MARKET

Retrieved on: 
Monday, January 29, 2024
ETF, Architecture, Electronic trading platform, API, Ecosystem, Environment, Software, Pops, QED, FPGA, Cryptocurrency

NEW YORK and LONDON and PARIS, Jan. 29, 2024 /PRNewswire/ -- Quincy Data, powered by McKay Brothers, and NovaSparks, the leading field programmable gate array (FPGA) market data company, worked together to add the support of the Quincy Extreme Data (QED) Feed to NovaTick™. NovaTick™ is NovaSparks' ultra-low latency ticker-plant based on a powerful FPGA matrix architecture. It handles the high-performance requirements of electronic trading platforms with the speed and determinism that only FPGAs can bring. NovaTick™ converts the QED feed into NovaSparks' normalized wire format in 400ns and can also provide the QED wireless market data through its software C++ Application Programming Interface (API), NSMDA, or its hardware API, NovaLink™. Arbitration between the QED wireless feed and the QED fiber feed can also be added in front of the feed handler in NovaTick™ to provide a reliable normalized stream of market data.

Key Points: 
  • NovaTick™ converts the QED feed into NovaSparks' normalized wire format in 400ns and can also provide the QED wireless market data through its software C++ Application Programming Interface (API), NSMDA, or its hardware API, NovaLink™.
  • Often, they rely on wireless services to transport market data at the fastest speed.
  • This new solution will give all NovaSparks customers a very efficient way to use market data from our wireless service directly into their trading platforms," says Stéphane Tyc, Quincy Data co-founder.
  • NovaSparks' pure-FPGA feed handlers have a normalized output format across markets, enabling NovaSparks customers to integrate new feeds with minimum effort.

Summer Announces Appointment of Jed Kleckner to Board of Directors

Retrieved on: 
Tuesday, January 23, 2024
Other Travel, Vacation, Lodging, Destinations, Travel, Tourist Attractions, Columbia Business School, Bank, Venture for America, Delivery.com, MBA, Organization, QED, Bologna Business School, Venture, Management

Summer , an innovative approach to short-term rentals and vacation home ownership founded by former Airbnb employees, today announced the appointment of Jed Kleckner to the Summer Board of Directors.

Key Points: 
  • Summer , an innovative approach to short-term rentals and vacation home ownership founded by former Airbnb employees, today announced the appointment of Jed Kleckner to the Summer Board of Directors.
  • "As Summer continuously expands and innovates, we are thrilled to welcome Jed Kleckner to our Board of Directors,” said Paul Kromidas, CEO, Founder, and Chairman of Summer.
  • "Summer is uniquely positioned to help families achieve their long term goals, and I look forward to taking part in the mission to democratize vacation homeownership,” said Jed Kleckner.
  • “I’m proud to officially join Summer’s Board of Directors, and help the company continue its expansion."

Summer Announces Combined $68M in Series A Round and Debt Facility to Innovate New Approach to Vacation Homeownership

Retrieved on: 
Wednesday, November 8, 2023
Construction & Property, Lodging, Finance, Destinations, Travel, Vacation, Professional Services, Residential Building & Real Estate, Lightspeed Venture Partners, Environment, Risk, QED, Venture, Cryptocurrency, Airbnb, Summer, Set point

"Summer removes the barriers and risk around buying and owning a vacation home,” said Paul Kromidas, CEO and founder of Summer.

Key Points: 
  • "Summer removes the barriers and risk around buying and owning a vacation home,” said Paul Kromidas, CEO and founder of Summer.
  • I'm excited to lead Summer on its mission to democratize vacation home ownership."
  • Summer will use the new funding to accelerate technological development, focusing on the advancement of proprietary acquisitions and the platform’s underwriting engine.
  • “Summer makes it possible for families to own and enjoy a second home, while streamlining the process of finding, furnishing and renting.

QED Investors Named to Inc.’s 2023 List of Founder-Friendly Investors

Retrieved on: 
Wednesday, November 1, 2023
Professional Services, Communications, Finance, Asset Management, Fintech, Consulting, Publishing, VC, Growth, QED, Cryptocurrency

QED Investors has been named to Inc.’s annual Founder-Friendly Investors list, honoring the venture capital firms with the best track record of success backing entrepreneurs.

Key Points: 
  • QED Investors has been named to Inc.’s annual Founder-Friendly Investors list, honoring the venture capital firms with the best track record of success backing entrepreneurs.
  • The list recognizes firms that remain actively involved with the businesses in which they invest, and that have earned the trust of the entrepreneurs they support to help drive growth.
  • “It’s a terrific stamp of approval from our portfolio companies to again be named to Inc.’s list of founder-friendly investors,” said QED Investors Managing Partner, Nigel Morris.
  • Frank Rotman and I built QED on the premise of using our decades of combined experience as operators to provide entrepreneurs with the best advice they can get.

22nd Century Technologies, Inc. Acquires Queues Enforth Development, Inc., Expanding Government Software Solutions Portfolio

Retrieved on: 
Tuesday, October 17, 2023
Electronic document and records management system, RMS, CAD, TSCTI, Growth, Acquisition, Machine learning, State, Computer-aided dispatch, Gundam Universal Century technology, QED, Retail

MCLEAN, Va., Oct. 17, 2023 /PRNewswire/ -- 22nd Century Technologies, Inc. (TSCTI) has acquired Queues Enforth Development, Inc. (QED), a distinguished provider of public safety software like Computer-Aided Dispatch (CAD) and Records Management Systems (RMS).

Key Points: 
  • MCLEAN, Va., Oct. 17, 2023 /PRNewswire/ -- 22nd Century Technologies, Inc. (TSCTI) has acquired Queues Enforth Development, Inc. (QED), a distinguished provider of public safety software like Computer-Aided Dispatch (CAD) and Records Management Systems (RMS).
  • "This acquisition is a strategic pivot towards building and growing a product-centric organization that complements our existing services," said Anil Sharma, CEO of TSCTI.
  • "With QED serving 340 public safety agencies, this acquisition enhances our newly-established product division.
  • Harnessing our cutting-edge technologies and our esteemed engineering team, we will swiftly elevate QED, positioning it as an integral component of our enhanced public safety offerings."