K1

K92 Mining Announces Strong 2023 Q3 Financial Results Including Strengthening Financial Position and Process Plant Records

Retrieved on: 
Tuesday, November 14, 2023

VANCOUVER, British Columbia, Nov. 14, 2023 (GLOBE NEWSWIRE) -- K92 Mining Inc. (“K92” or the “Company”) (TSX: KNT; OTCQX: KNTNF) is pleased to announce financial results for the three months and nine months ended September 30, 2023.

Key Points: 
  • VANCOUVER, British Columbia, Nov. 14, 2023 (GLOBE NEWSWIRE) -- K92 Mining Inc. (“K92” or the “Company”) (TSX: KNT; OTCQX: KNTNF) is pleased to announce financial results for the three months and nine months ended September 30, 2023.
  • The average mill head grade in Q3 was 7.32 g/t AuEq or 6.20 g/t gold, 0.72% copper and 12.84 g/t silver.
  • During the quarter, the Company entered into a US$100 million senior secured loan and amended offtake agreement with Trafigura Pte Ltd, further strengthening K92’s financial position and future metals payabilities.
  • In addition, all process plant long-lead item contracts have already been awarded on a fixed price basis (excluding freight).

ControlUp Appoints Industry Leader and Visionary Jed Ayres as CEO as it Builds Category Leadership in the Digital Employee Experience Market

Retrieved on: 
Monday, August 21, 2023

ControlUp , the industry leader in Digital Employee Experience (DEX), announced today the appointment of software transformational leader and channel industry visionary, Jed Ayres, as the company’s new CEO.

Key Points: 
  • ControlUp , the industry leader in Digital Employee Experience (DEX), announced today the appointment of software transformational leader and channel industry visionary, Jed Ayres, as the company’s new CEO.
  • Most recently, Ayres served as CEO of IGEL, where he was instrumental in its acquisition by TA Associates and positioning it as a market leader.
  • As an essential element of the company’s leadership team, Ganot will continue to pioneer the transformation of the digital employee experience market category that he started more than a decade ago.
  • “From the first line of code that Asaf wrote, the growth potential of ControlUp has been clear to the entire industry,” commented Jed Ayres, CEO of ControlUp.

K1 Investment Management Exits Portfolio Company Zapproved

Retrieved on: 
Thursday, January 19, 2023

MANHATTAN BEACH, Calif., Jan. 19, 2023 /PRNewswire-PRWeb/ -- K1 Investment Management, a leading software investment firm, today announced the sale of its portfolio company Zapproved, a category leading electronic discovery software provider, to Exterro, a legal Governance, Risk and Compliance (GRC) software provider. K1 will roll a portion of its proceeds and retain a minority stake in the combined business.

Key Points: 
  • MANHATTAN BEACH, Calif., Jan. 19, 2023 /PRNewswire-PRWeb/ -- K1 Investment Management , a leading software investment firm, today announced the sale of its portfolio company Zapproved , a category leading electronic discovery software provider, to Exterro , a legal Governance, Risk and Compliance (GRC) software provider.
  • "K1 was my first institutional investor, and we shared a passion for building successful businesses and having a positive impact on our communities," said Monica Enand, founder and CEO at Zapproved.
  • K1 is a minority- and employee-owned firm and made its first investment in a woman-led business in its first fund over a decade ago.
  • The Zapproved investment builds upon K1's success in building category-leading software companies, with more than 60 platform investments and over 150 add-on acquisitions and several successful exits, most recently the sale of TeamDynamix to Level Equity in December 2022.

K1 Investment Management Exits Portfolio Company TeamDynamix

Retrieved on: 
Wednesday, December 21, 2022

LOS ANGELES, Dec. 21, 2022 /PRNewswire-PRWeb/ -- K1 Investment Management, a leading investment firm focused on high-growth enterprise software companies, today announced the sale of its portfolio company TeamDynamix, a leading provider of work management software, to Level Equity for an undisclosed amount. K1 will roll a material portion of its proceeds into the newly-capitalized business and remain a significant equity holder alongside Level Equity.

Key Points: 
  • Seeing opportunity for continued growth, K1 remains a significant shareholder in the company
    LOS ANGELES, Dec. 21, 2022 /PRNewswire-PRWeb/ -- K1 Investment Management , a leading investment firm focused on high-growth enterprise software companies, today announced the sale of its portfolio company TeamDynamix, a leading provider of work management software, to Level Equity for an undisclosed amount.
  • Since that time, TeamDynamix has grown from providing a combined IT Service Management (ITSM) and Project Portfolio Management (PPM) platform, to now also offering a leading Integration Platform as a Service (iPaaS) solution.
  • "K1 has been an instrumental partner in growing TeamDynamix to where it is today," said Ken Benvenuto, CEO TeamDynamix.
  • Heading into 2023, K1 will continue to focus on supporting its category-leading portfolio companies and investment in high-growth enterprise software.

ECOVACS ROBOTICS Unveils Cleaning Robotics Ecosystem

Retrieved on: 
Wednesday, October 26, 2022

SAN MATEO, Calif., Oct. 26, 2022 /PRNewswire/ -- ECOVACS, the world's leading cleaning robotics brand, announced two new smart robotics products today, that expand its offering and change the game for the robotics industry: a breakthrough robotic lawn mower GOAT G1, and a networked commercial floor cleaning robot, DEEBOT PRO. Adding to its global lineup of robotic cleaning products, including DEEBOT robotic home floor cleaners, WINBOT window and surface cleaners, and AIRBOT air purifying robots, the additions expand the robotic cleaning category with ECOVACS continuing to lead the industry.

Key Points: 
  • Launching two new flagship products in Asia and EU, ECOVACS expands home cleaning robotics category with new innovations
    SAN MATEO, Calif., Oct. 26, 2022 /PRNewswire/ -- ECOVACS, the world's leading cleaning robotics brand, announced two new smart robotics products today, that expand its offering and change the game for the robotics industry: a breakthrough robotic lawn mower GOAT G1, and a networked commercial floor cleaning robot, DEEBOT PRO.
  • Aligning with the company's mission of "Robotics for All,"the new products were introduced today at a global virtual press conference led by David Qian, CEO of ECOVACS ROBOTICS.
  • The first intelligent robotic lawn mower from ECOVACS, the GOAT G1 features "Robotic Vision," a new ECOVACS technology that gets rid of complicated boundary-setting efforts required of solutions today.
  • ECOVACS ROBOTICS, through its mission Robotics for All, is singularly focused on making daily lives easier and more efficient with intelligent and connected home service robotics.

Ocelot secures $117M investment to increase engagement between universities and students

Retrieved on: 
Wednesday, September 28, 2022

BOULDER, Colo., Sept. 28, 2022  /PRNewswire-PRWeb/ -- Ocelot, the leading edtech AI communications and student engagement platform, today announced it has raised $117 million from leading B2B software investment firm K1 Investment Management. The company was previously bootstrapped, with the K1 investment representing Ocelot's first outside funding. Funds from the investment will be used to fuel growth, build additional functionality within existing products, and develop new solutions for colleges and universities.

Key Points: 
  • A lack of engagement and communication is a recurring theme among these critical issues, according to both students and institutions.
  • Ocelot gives colleges and universities a unified engagement platform that easily integrates with existing technologies to offer students, staff, professors, and administrators a seamless communication experience.
  • According to research from EBA, 33% of first-gen students drop out within 3 years, compared to only 14% of continuing generation students.
  • Ocelot is higher education's #1 AI Communications and Student Engagement Platform, serving 8 million students at nearly 500 institutions.

Patients Experience Excellent Health Outcomes from Telemedicine

Retrieved on: 
Monday, August 8, 2022

WALTHAM, Mass., Aug. 8, 2022 /PRNewswire-PRWeb/ -- The COVID-19 pandemic accelerated the use of telemedicine for both routine and acute care. Doctors and patients quickly grew accustomed to videoconferencing and remote monitoring for conditions such as diabetes, respiratory illnesses, and chronic pain. The paradigm shift has boosted demand for better remote healthcare technology to treat a broad range of health conditions. Despite concerns about the efficacy of remote healthcare, evidence shows no downside to telehealth when used appropriately. But current hospital telemetry systems suffer from a lack of portability and adaptability. High-acuity telemetry lacks portability. Portable units lack high acuity.

Key Points: 
  • Doctors and patients have come to rely on telemedicine for communication and remote health monitoring, including cardiac telemetry.
  • Concerns about the efficacy of remote medicine have been alleviated as research shows that health outcomes are the same or better with telemedicine.
  • WALTHAM, Mass., Aug. 8, 2022 /PRNewswire-PRWeb/ -- The COVID-19 pandemic accelerated the use of telemedicine for both routine and acute care.
  • The paradigm shift has boosted demand for better remote healthcare technology to treat a broad range of health conditions.

InfoBionic Introduces New Monitoring Technology as Part of Virtual Telemetry Platform

Retrieved on: 
Tuesday, April 26, 2022

WALTHAM, Mass. , April 26, 2022  /PRNewswire-PRWeb/ -- The virtual care boom continues across the United States, but providers continue to struggle with outdated technologies that provide limited data and continue to be plagued with report delays. Remote cardiac monitoring devices provide essential data, but as patients move from the hospital to the home, healthcare providers are left looking for a flexible and modular solution that can work well for all levels of patient acuity. Stuart Long, CEO of InfoBionic, a Massachusetts-based digital health company, says, "We have to keep pace with the changing demands brought on by remote patient care. As a company, we've focused on advancing our technology to provide from remote near real-time monitoring and now to in hospital real-time telemetry for a variety of patients with varying levels of medical complexity. Providing a mobile and modular telemetry platform from hospital to home is part of the future of healthcare, and our solution will help manage the ever-increasing demand on our healthcare system."

Key Points: 
  • InfoBionic is proud to introduce a new suite of virtual telemetry solutions as part of their recently announced MoMe(TM) ARC Platform.
  • The Gateway is the 3rd generation of Bluetooth-enabled technology offered by InfoBionic that's multicarrier compatible on 4G LTE networks.
  • Long says, "Our 3rd generation technology is rooted in our cardiac telemetry monitoring technologies that cardiologists have already used and trusted for years.
  • Frost & Sullivan bestowed the 2019 North American Remote Cardiac Monitoring Technology Leadership Award upon InfoBionic.

RentRedi raises $12M Series A to transform renting process for landlords and renters

Retrieved on: 
Wednesday, April 13, 2022

NEW YORK, April 13, 2022 /PRNewswire-PRWeb/ -- RentRedi, the leading property management software for landlords, today announced a $12 million Series A, led by K1 Investment Management, a leading investment firm focused on high-growth enterprise software companies globally, with participation from TIA Ventures, Tribeca Early Stage Partners and RiverPark Ventures. To date, RentRedi has raised $17 million.

Key Points: 
  • Since 2020, the platform has added more than 10,000 actively subscribed landlords who manage 85,000+ properties.
  • With this funding round, the company will scale its mobile-first technology and ultimately streamline the renting process for both landlords and their tenants.
  • "By bringing our technology to landlords and tenants across the country, RentRedi is not only modernizing and revolutionizing traditional practices, but we are opening doors to a better renting experience."
  • The platform was born from our own renting experiences which is one of the reasons why RentRedi is the best platform to help landlords streamline their business processes."

Hoisting Graphite, Battery Advancement for OEMs are Top Priorities for Ceylon in 2022

Retrieved on: 
Tuesday, March 8, 2022

In June 2021, the Company announced the appointment of graphite-industry veteran and Ceylon Board member Donald Baxter, P.Eng.

Key Points: 
  • In June 2021, the Company announced the appointment of graphite-industry veteran and Ceylon Board member Donald Baxter, P.Eng.
  • Since joining Ceylon, Mr. Baxter has led Ceylons transition from a prospective unprocessed crystalline vein graphite producer to a prospective downstream mine-to-battery value-added graphite producer.
  • Coated spherical battery-ready graphite (CSBG) for lithium-ion (Li-ion) battery anodes sells for between US$8,000 to $12,000 per tonne.
  • Donald K. D. Baxter, P. Eng, CEO of Ceylon Graphite Corp., is a Qualified Person as defined by National Instrument 43-101 ("N.I.