Entity

Altus Power, Inc. Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Thursday, March 14, 2024

Altus Power, Inc. (NYSE: AMPS) (“Altus Power” or the “Company”), the largest commercial scale provider of clean, electric power, today announced its financial results for fourth quarter and full year 2023.

Key Points: 
  • Altus Power, Inc. (NYSE: AMPS) (“Altus Power” or the “Company”), the largest commercial scale provider of clean, electric power, today announced its financial results for fourth quarter and full year 2023.
  • Operating revenues during the fourth quarter of 2023 totaled $34.2 million, compared to $26.8 million during the same period of 2022, an increase of 28%.
  • Fourth quarter 2023 GAAP net loss totaled $40.0 million, compared to net income of $67.1 million for the same period last year.
  • Adjusted EBITDA* during the fourth quarter of 2023 was $17.3 million, compared to $16.6 million for the fourth quarter of 2022, a 5% increase.

Aprio and Harbor Compliance Announce Launch of Revolutionary State Compliance and Entity Management Solution

Retrieved on: 
Tuesday, February 13, 2024

This collaboration connects Aprio's clients with Harbor Compliance's innovative solution for State Compliance and Entity Management to ease the burden of regulatory requirements for multistate organizations.

Key Points: 
  • This collaboration connects Aprio's clients with Harbor Compliance's innovative solution for State Compliance and Entity Management to ease the burden of regulatory requirements for multistate organizations.
  • "The new State Compliance and Entity Management solution is a game-changer in the industry, offering unparalleled convenience and cost-effectiveness," said Richard Kopelman, Aprio's CEO & Managing Partner.
  • State Compliance and Entity Management clients can access automated entity monitoring and manage corporate records, business licenses, and tax information—all centralized in one advanced portal.
  • "The new State Compliance and Entity Management solution is a game-changer in the industry, offering unparalleled convenience and cost-effectiveness," said Richard Kopelman, Aprio's CEO & Managing Partner.

Socure Makes History as the World's First AI Technology to Successfully Solve for Account Opening Identity Fraud After 10+ Years of R&D

Retrieved on: 
Tuesday, January 16, 2024

INCLINE VILLAGE, Nev., Jan. 16, 2024 /PRNewswire/ -- Socure, the leading provider of artificial intelligence for digital identity verification, sanction screening, and fraud prevention, today launched the industry's first fully integrated, internally developed, identity fraud solution suite that fuses personal identifiable information (PII) validated by thousands of data sources, real-time network and anomaly detection, with digital and behavioral risk signals for an instant and near 100% accurate identity fraud decision in less than 150 milliseconds with five nines of uptime availability. 

Key Points: 
  • This results in poor user experiences, false positives, long wait times and large amounts of lost revenue.
  • Sigma Identity Fraud V4 (a flagship product within the Socure Fraud suite) now also includes two new central innovations: Entity Profiler and Integrated Anomaly Detection.
  • Socure has advanced features that can identify email pattern based fraud attacks like gibberish emails, alias emails, email tumbling, invalid domains and more.
  • For more information on Socure's Game-changing Sigma Fraud suite launch, visit the company's website .

Tanuj Gulati joins Indusface Board as it opens US Headquarters in Dallas

Retrieved on: 
Thursday, January 11, 2024

DALLAS, Jan. 11, 2024 /PRNewswire/ -- Indusface , a rapidly growing Application Security SaaS company, today announced the appointment of seasoned cybersecurity expert Tanuj Gulati to its Board.

Key Points: 
  • DALLAS, Jan. 11, 2024 /PRNewswire/ -- Indusface , a rapidly growing Application Security SaaS company, today announced the appointment of seasoned cybersecurity expert Tanuj Gulati to its Board.
  • Tanuj's appointment comes at a time when the company has announced its US office headquarters in Dallas.
  • Tanuj has over 20 years of experience in starting and operating cybersecurity companies to market-leading success.
  • Adding further, Tanuj Gulati, Board Observer, Indusface, said, "I'm excited to join the Indusface Board, contributing my expertise to the company's unique and fully managed platform.

Altrata Introduces Key WealthEngine Product Enhancements

Retrieved on: 
Thursday, January 11, 2024

NEW YORK, Jan. 11, 2024 /PRNewswire-PRWeb/ -- Today Altrata, a leading provider of data and intelligence on the wealthy and influential, announced the first wave of several product updates for its WealthEngine product. Following more than a year of customer interviews, user testing, and data investments, WealthEngine customers now have access to enhanced real estate data within the platform and an enhanced matching engine.

Key Points: 
  • NEW YORK, Jan. 11, 2024 /PRNewswire-PRWeb/ -- Today Altrata , a leading provider of data and intelligence on the wealthy and influential, announced the first wave of several product updates for its WealthEngine product.
  • Keya Hammond was brought on in early 2022 to lead product innovation for Altrata.
  • These WealthEngine product enhancements are designed to save customers time, help them find more value in their data and elevate the influence they can have in the market.
  • Manuel Bianchi, head of global sales for Altrata's wealth business said "Altrata came in at the right time to support the investment in WealthEngine product innovation.

Altus Power, Inc. Announces Third Quarter 2023 Financial Results

Retrieved on: 
Monday, November 13, 2023

Altus Power, Inc. (NYSE: AMPS), the leading commercial-scale provider of clean electric power, today announced its financial results for the third quarter of 2023.

Key Points: 
  • Altus Power, Inc. (NYSE: AMPS), the leading commercial-scale provider of clean electric power, today announced its financial results for the third quarter of 2023.
  • Third quarter 2023 GAAP net income totaled $6.8 million, compared to net loss of $96.6 million for the same period last year.
  • Adjusted EBITDA* during the third quarter of 2023 was $29.1 million, compared to $19.4 million for the third quarter of 2022, a 50% increase.
  • Altus Power reaffirmed 2023 adjusted EBITDA* in the range of $97-103 million, representing approximately 70% growth over 2022.

1337 Emerges from Stealth with $4M to Build an Ecosystem of AI-driven Micro Influencers

Retrieved on: 
Thursday, October 26, 2023

Investors include Credo Ventures, GFR Fund, Treble Capital, Roosh Ventures, and individuals including Hugging Face CEO Clément Delangue and impact investor Natalia Vodianova.

Key Points: 
  • Investors include Credo Ventures, GFR Fund, Treble Capital, Roosh Ventures, and individuals including Hugging Face CEO Clément Delangue and impact investor Natalia Vodianova.
  • Today, 1337 is debuting 50 new Entities in beta, and a global creator community for co-creating future Entities.
  • “Niche communities collectively represent a massive audience of people online,” said 1337 co-founder and CEO Jenny Dearing.
  • 1337 Entities are pioneering this shift,” said 1337 founder Robin Raszka.

Altus Power, Inc. Announces Second Quarter 2023 Financial Results

Retrieved on: 
Monday, August 14, 2023

Altus Power, Inc. (NYSE: AMPS) (“Altus Power,” “we,” “us,” “our,” or the “Company”), the leading commercial-scale provider of clean electric power, today announced its financial results for the second quarter of 2023.

Key Points: 
  • Altus Power, Inc. (NYSE: AMPS) (“Altus Power,” “we,” “us,” “our,” or the “Company”), the leading commercial-scale provider of clean electric power, today announced its financial results for the second quarter of 2023.
  • Second quarter 2023 GAAP net income totaled $3.4 million, compared to $21.6 million for the same period last year.
  • Adjusted EBITDA* during the second quarter of 2023 was $30.6 million, compared to $13.9 million for the second quarter of 2022, a 120% increase.
  • Altus Power reaffirmed 2023 adjusted EBITDA* in the range of $97-103 million, representing 70% growth over 2022 at the midpoint.

Traceable AI Introduces Revolutionary Digital Fraud Prevention

Retrieved on: 
Wednesday, August 2, 2023

BLACK HAT USA 2023 — Traceable AI , the industry’s leading API security company, today announced the launch of its digital fraud prevention capabilities, to deliver protection against fraudulent activities across APIs and digital interfaces.

Key Points: 
  • BLACK HAT USA 2023 — Traceable AI , the industry’s leading API security company, today announced the launch of its digital fraud prevention capabilities, to deliver protection against fraudulent activities across APIs and digital interfaces.
  • These malicious actors are leveraging bots, residential proxies, and anonymous VPNs to obfuscate their identity while abusing APIs to commit digital fraud.
  • By integrating advanced fraud prevention capabilities within its API security platform , Traceable provides a holistic, in-depth, and adaptive approach to ensuring that organizations stop fraud in its tracks.
  • This ability to recognize individual digital access, patterns, and behaviors, for users and entities, deepens the precision of threat and fraud prevention.

CloudFabrix Launches and Demonstrates Observability Data Modernization and Composable Dashboard Services on Cisco's Full-Stack Observability Platform at Cisco Live 23

Retrieved on: 
Wednesday, June 7, 2023

LAS VEGAS, June 7, 2023 /PRNewswire/ -- Today at Cisco Live, Cisco's annual IT and communications conference, CloudFabrix, the inventor of Robotic Data Automation Fabric (RDAF) and the "Data-centric AIOps" leader announced the launch of Observability Data Modernization (ODM) and Composable Dashboards services for Cisco's Full-Stack Observability (FSO) Platform.

Key Points: 
  • CloudFabrix is one of the first few design partners to showcase the extensibility of the platform, with its patent-pending Robotic Data Automation Fabric (RDAF).
  • CloudFabrix will demonstrate Data Modernization, for vSphere Observability at Cisco Live 2023 (4-8 June).
  • ODMS leverages low code bots, to extract, transform, enrich, map, and ingest data in the Cisco FSO Platform entity models.
  • "CloudFabrix is an important partner when it comes to Cisco's FSO Platform," said Carlos Pereira, Fellow and Chief Architect, Cisco.