Northgate Capital

Peakview Capital Announces Raising of New Fund To Provide Investors With Curated Access to Top VC Firms and Select Portfolio Opportunities

Retrieved on: 
Wednesday, June 14, 2023
Partnership, Northgate Capital, Ansys, Marketing, Partner, Next (play), General partnership, Greenspring Associates, Clearstone Venture Partners, AUM, Investment, McQuillan, Associate, Growth, Entrepreneurship, Ecosystem, Hartsock, VC, IRR, Cryptocurrency

The firm will aim to invest a majority of the new capital in a constructed portfolio of top-tier VC managers' funds along with select inflection-stage direct investments.

Key Points: 
  • The firm will aim to invest a majority of the new capital in a constructed portfolio of top-tier VC managers' funds along with select inflection-stage direct investments.
  • The fund has already backed several of the industry's leading venture capital funds.
  • Hartsock has been a VC fund of funds veteran since 2009 when he served as an early employee of Greenspring Associates.
  • This approach aims to enable the firm to provide investors with optimized exposure to the venture capital asset class with strong opportunities for high risk adjusted returns.

Covariant Adds $75M in Series C Funds to Meet Customer Demand for Scaled AI Robotics Deployments

Retrieved on: 
Tuesday, April 4, 2023
Software, Supply Chain Management, Hardware, Robotics, Technology, Artificial Intelligence, Other Manufacturing, Retail, Engineering, Transport, Manufacturing, Logistics, AIX, Northgate Capital, Covariance, Index, Index Ventures, Artificial intelligence, CPP Investment Board, Automation, Medical device, Sales, Radial, AI

Today Covariant ( https://covariant.ai ), the world's leading AI Robotics company, announced it has raised an additional $75 million in Series C funds, bringing its total funding to $222 million.

Key Points: 
  • Today Covariant ( https://covariant.ai ), the world's leading AI Robotics company, announced it has raised an additional $75 million in Series C funds, bringing its total funding to $222 million.
  • “The past year for Covariant has been incredible with 6x growth in 2022 – and we are just getting started.
  • Read more about Covariant’s growing number of customer deployments – including Radial, Inc.’s recently announced deployment of 12 AI-powered robotic putwalls – here .
  • “Covariant has proven it’s the world’s leading AI Robotics company, with AI enabling the successful deployment of robots at scale to secure global supply chains.

Ordr Partners With NGS to Help U.K. Organisations Improve Visibility, Security and Management of Connected Devices

Retrieved on: 
Tuesday, January 3, 2023
NGS, Organization, Next-Generation Secure Computing Base, Internet of things, IOT, Environment, Operational technology, Partnership, OT, Internet, Risk, Workplace, Behavior, Next Generation, Map, Battery Ventures, Research, Machine learning, Risk management, Online shopping, Northgate Capital, Ordre des Administrateurs Agréés du Québec

SANTA CLARA, Calif. and LONDON, Jan. 3, 2023 /PRNewswire/ -- Ordr, the leader in connected device security, today announced a new partnership with U.K.-based NGS (Next Generation Security), a specialist cybersecurity reseller providing consultancy, support and managed services.

Key Points: 
  • "It can be overwhelming for organisations to try and keep track of all of their connected devices, especially in periods of high growth and technological advancement," said Jonathan Lassman at NGS.
  • With the Ordr platform, organisations can establish proactive security policies that enable communications required for device operations, while limiting exposure.
  • For more information on how Ordr and NGS can deliver device visibility and security to your organization, please visit www.ordr.net or https://ngsuk.com/ .
  • Ordr makes it easy to secure every connected device, from traditional IT devices to newer and more vulnerable IoT, IoMT, and OT.

Ordr Publishes Connected Device Security Maturity Model to Guide Healthcare Organizations on the Path to Zero Trust

Retrieved on: 
Tuesday, November 29, 2022
Bell–LaPadula model, Organization, Battery Ventures, Research Institute of Healthcare Organization and Medical Management of Moscow Department of Healthcare, Internet of things, Environment, Internet, Attack, Health care, Multimedia, Machine learning, Risk, FBI, Pragmatism, Optimization, Gartner, Health, Patient, Risk management, NAC, IOT, Resilience, Classification, Connected Devices, Road, Automation, Behavior, Map, Intelligence, Reliability Engineering and Risk Analysis: A Practical Guide, Business, Operational technology, OT, Medical device, Healthcare, Online shopping, Ordre des Administrateurs Agréés du Québec, Northgate Capital

SANTA CLARA, Calif., Nov. 29, 2022 /PRNewswire/ -- Ordr, the leader in connected device security, today published a maturity model aimed at helping healthcare organizations benchmark their connected device security efforts and develop a strategy to improve the efficiency and strength of their security programs.

Key Points: 
  • Comprehensive Guide Details Essential Stages of Connected Device Security, Helping Organizations Improve Cybersecurity Strength and Resiliency
    SANTA CLARA, Calif., Nov. 29, 2022 /PRNewswire/ -- Ordr , the leader in connected device security, todaypublished a maturity model aimed at helping healthcare organizations benchmark their connected device security efforts and develop a strategy to improve the efficiency and strength of their security programs.
  • Ordr published a maturity model to help healthcare organizations benchmark their connected device security efforts.
  • Entitled "A Practical Guide: Implementing Connected Device Security for Healthcare Organizations," the document serves as a framework for healthcare security teams, helping them understand where their organization is on the connected device security maturity curve, and where to focus efforts to make improvements.
  • To learn more about Ordr's connected device security maturity model for healthcare organizations, please sign up for the January 19th Ordr of Business webinar: Healthcare's Guide to Connected Device Security Maturity Model The Road to Zero Trust .

Argo Group Mails Letter to Shareholders Setting the Record Straight on Capital Returns’ Many Naïve and False Claims

Retrieved on: 
Tuesday, November 29, 2022
Professional Services, Insurance, Finance, NOT, Zurich Insurance Group, United Kingdom, BLUE, Argo Group, PML Flightlink, Risk, Northgate Capital, Annual general meeting, Bring Your Board!!, Chair, Bankruptcy, Syndicate, Michelson, Insurance, China Aerospace International Holdings, LPT, ANY, Judgement, ALL, Natural Capital Committee, Tesco international operations, Temperament, Annual Meetings of the International Monetary Fund and the World Bank Group, Capital, Our Boarding House, ARGO, NYSE, Failure, Calypso Technology, Acquisition, Prudential plc, FICO, Letter, Prudential, Sale, Suggestion, Security (finance), Management, Risk management, Audit, Auction

Over the past year of interactions between Argo and Capital Returns, Capital Returns has only proposed that Argo commence a strategic review process and appoint its nominees to the Board.

Key Points: 
  • Over the past year of interactions between Argo and Capital Returns, Capital Returns has only proposed that Argo commence a strategic review process and appoint its nominees to the Board.
  • Your Board and management team have engaged with Capital Returns multiple times, including in meetings with the Board Chairman.
  • As reported in its own filings, Capital Returns has been regularly selling blocks of Argo stock since April 2022.
  • Your Board does NOT endorse either of Capital Returns nominees and strongly urges you to disregard any white proxy card you receive from Capital Returns.

Ordr Partners with Sodexo on Managed Cybersecurity Service for Connected Devices in Healthcare

Retrieved on: 
Wednesday, November 9, 2022
Zero, Organization, Environment, Senior, Bell–LaPadula model, FDA, Compliance, NAC, Maintenance, Personal computer, OT, Library technical services, Machine learning, Behavior, Internet, Strategic Insights, HTM, Battery Ventures, Overalls, Hospital, Health, Efficiency, Solution, IOT, Multimedia, Risk, Technology, Map, CEO, Medical device, Risk management, Healthcare, Online shopping, Ordre des Administrateurs Agréés du Québec, Northgate Capital, Sodexo

SANTA CLARA, Calif., Nov. 9, 2022 /PRNewswire/ -- Ordr, the leader in connected device security, announced today that it has partnered with Sodexo Healthcare Technology Management to deliver a managed HTM and cybersecurity solution that combines the strengths of Ordr's connected device security platform with Sodexo's healthcare technology management services expertise. The combined solution -- Sodexo Managed HTM Cybersecurity services built on the Ordr platform -- delivers the people, process, and technology that healthcare technology management (HTM) teams need to mitigate risks and secure all connected healthcare devices.

Key Points: 
  • The combined solution -- Sodexo Managed HTM Cybersecurity services built on the Ordr platform -- delivers the people, process, and technology that healthcare technology management (HTM) teams need to mitigate risks and secure all connected healthcare devices.
  • Ordr and Sodexo team up to deliver a managed HTM and cybersecurity solution.
  • Best-In-Class Tailored Solution The Sodexo solution combines decades of HTM service delivery expertise with Ordr's leading connected device security platform.
  • For more information on how you can gain insights and control over the connected devices on your healthcare network, contact Sodexo here or visit https://ordr.net/service/sodexo/ .

Ordr Appoints Cybersecurity Leader and Industry Expert Jim Hyman as CEO

Retrieved on: 
Wednesday, November 2, 2022
Zero, IOT, Growth, Board of directors, CEO, Acquisition, Bell–LaPadula model, Anomaly, Organization, Board, Time, IBM, Director, Risk, NAC, Map, Behavior, Hyman, Technology, VP, Compliance, Trusteer, Machine learning, Multimedia, Synack, Battery Ventures, Zscaler, OT, Management, Risk management, Online shopping, Northgate Capital, Ordre des Administrateurs Agréés du Québec

SANTA CLARA, Calif., Nov. 2, 2022 /PRNewswire/ -- Ordr, the leader in connected device security, announced today that Jim Hyman has been appointed Chief Executive Officer (CEO) and member of the company's Board of Directors. With more than 25 years of deep experience in cybersecurity and technology, and a proven record of scaling and operating companies for growth, Hyman will use his experience to continue building a world-class organization as the company enters a new phase of growth. Hyman was most recently Chief Operating Officer at Synack, VP Sales at Trusteer prior to its acquisition by IBM, and spent four years as the VP of Sales at Zscaler. Hyman succeeds Greg Murphy as CEO, who is leaving to pursue other interests, but will remain an advisor to the company.

Key Points: 
  • SANTA CLARA, Calif., Nov. 2, 2022 /PRNewswire/ -- Ordr , the leader in connected device security, announced today that Jim Hyman has been appointed Chief Executive Officer (CEO) and member of the company's Board of Directors.
  • Hyman succeeds Greg Murphy as CEO, who is leaving to pursue other interests, butwill remain an advisor to the company.
  • Former Synack COO joins Ordr to lead company through accelerating demand for connected device visibility and security.
  • "Jim's background in cybersecurity and his experience across sales, business development and operations make him the perfect leader to accelerate Ordr's growth.

Zest AI Secures Growth Capital from Fintech Investors, Strategic Partners, and Customers to Advance the Next Generation of AI-Automated Underwriting

Retrieved on: 
Wednesday, November 2, 2022
Software, Growth, Credit union, CEO, Science and technology in Asia, IPO, Automation, Partnership, LOS, Suncoast Credit Union, Intelligence, Industry, Citibank, Risk, Northgate Capital, Ecosystem, Insight Partners, AI, CU, EVP, Technology, Investment, Insight, Golden, CUNA Mutual Group, Scale, Multimedia, First National Bank of Omaha, Golden 1 Credit Union, Solution, Bank, Financial services, Zest

LOS ANGELES, Nov. 2, 2022 /PRNewswire/ -- Zest AI, the leader in automating underwriting with more accurate and inclusive lending insights powered by AI, announced today that the company has raised over $50 million in a new growth round. The round was co-led by existing global software investor Insight Partners and new investor CMFG Ventures, with participation from CU Direct, Curql, Suncoast Credit Union, Golden1 Credit Union, Hawaii USA Federal Credit Union, and NorthGate Capital. 

Key Points: 
  • Zest AI plans to use the new funding to rapidly expand access to AI-automated credit underwriting for all lenders.
  • In broadening access to this technology, Zest AI will fuel more accurate and consistent underwriting decisions leveling the playing field for all borrowers and fostering a more inclusive economy.
  • "Zest AI's accelerating growth is a testament to the power and value of its advanced explainable AI technology for loan underwriting," said Lonne Jaffe, Managing Director at Insight Partners.
  • "Our credit union partners have found Zest AI's technology to be a great way to automate their underwriting.

Ordr Awarded Four Patents Addressing Connected Device Security Challenges

Retrieved on: 
Tuesday, October 25, 2022
Constellation, Zero, Health, LinkedIn, Time, Bell–LaPadula model, Communication, IOT, Risk, Machine learning, Workflow, Policy, Twitter, Battery Ventures, Investment, Technology, Anomaly, CT, Organization, GUI, Pump, Behavior, NAC, OT, Classification, Map, Compliance, Online shopping, Risk management, Ordre des Administrateurs Agréés du Québec, Northgate Capital, Data lake

SANTA CLARA, Calif., Oct. 25, 2022 /PRNewswire/ -- Ordr, the leader in connected device security, has been awarded four new patents for the visibility and security of the ever-increasing number of devices accessing today's enterprise networks.

Key Points: 
  • SANTA CLARA, Calif., Oct. 25, 2022 /PRNewswire/ -- Ordr , the leader in connected device security, has been awarded four new patents for the visibility and security of the ever-increasing number of devices accessing today's enterprise networks.
  • In industries such as healthcare, a cyberattack impacting a connected device can easily disrupt the entire business
    Connected devices are transforming industries and business operations.
  • "Ordr continues to make significant investments in our technology to enable our customers to address critical connected device security problems.
  • Ordr makes it easy to secure every connected device, from traditional IT devices to newer and more vulnerable IoT, IoMT, and OT.

Section 32 Adds New Chief Investor Relations Officer

Retrieved on: 
Monday, September 26, 2022
Technology, Security, Fintech, Professional Services, Software, Biotechnology, Health, Web3, Artificial Intelligence, Machine learning, Smith, Like a Boss (film), Quantum computing, Section 32, Computational biology, Section, Initial public offering, Foresite Capital, CEO, State, Technology, Office of the Governor of Rivers State, Vista Equity Partners, Science and technology in Asia, Artificial intelligence, Biotechnology, Northgate Capital, GV (company), Marketing, Communication, View, Management

Section 32 has announced the appointment of Nick Smith as the firms Chief Investor Relations Officer.

Key Points: 
  • Section 32 has announced the appointment of Nick Smith as the firms Chief Investor Relations Officer.
  • Smith will be responsible for working with all Limited Partners of the firm and for developing new long term LP relationships.
  • Before joining Section 32, Smith was the Head of Investor Relations at Foresite Capital, where he presided over a period of substantial growth and product expansion.
  • Prior to that, Smith led marketing and investor relations for Northgate Capital and Sagewood Capital.