Series

GDS Announces Landmark US$587 Million Equity Raise For its International Business

Retrieved on: 
Tuesday, March 26, 2024
Growth, White, Sale, Regulation, GDS, IPO, Security (finance), White & Case, Series, Person

This transaction is a significant step forward in the Company’s strategy to obtain dedicated financing for the development of its international business on a standalone basis.

Key Points: 
  • This transaction is a significant step forward in the Company’s strategy to obtain dedicated financing for the development of its international business on a standalone basis.
  • GDS International was established in 2022 with its corporate headquarters in Singapore.
  • The Series A subscription price implies a pre-money equity valuation for GDSI of US$750 million, which is approximately US$3.92 per American Depositary Share of GDSH.
  • Post-Closing and on an as-converted basis, GDSH will own approximately 56.1% of the equity interest of GDSI in the form of ordinary shares.

Fieldguide Raises $30M Series B, Launches AI Platform to Solve CPA Talent Shortage

Retrieved on: 
Tuesday, March 26, 2024
Growth hacking, New product development, Software as a service, Growth, Entrepreneurship, Data science, SAN, Accounting, AI, CPA, CMMC, EY, Workflow, Fraud, Pain, Series, Engineering, Audit

Since its founding, Fieldguide’s mission has been to address the CPA and advisory industry’s talent shortage with AI solutions that enable practitioners of all levels to tackle manual tasks with speed and high quality in a secure, privacy-conscious manner.

Key Points: 
  • Since its founding, Fieldguide’s mission has been to address the CPA and advisory industry’s talent shortage with AI solutions that enable practitioners of all levels to tackle manual tasks with speed and high quality in a secure, privacy-conscious manner.
  • "Fieldguide is addressing pain points for an industry that has been plagued by a lack of modern cloud-based software, talent shortages, and manual processes.
  • Its AI platform automates and addresses inefficiencies of the audit process, enabling CPA firms to be more productive and focus on higher-value strategic work,” said Sameer Dholakia, Partner at Bessemer Venture Partners.
  • Talent Acquisition: Attract top-tier talent across engineering, data science, and customer success to drive innovation and ensure exceptional service delivery.

Renesas Introduces New Entry-Level RA0 MCU Series with Best-in-Class Power Consumption

Retrieved on: 
Tuesday, April 9, 2024
Software, Hardware, Data Management, Consumer Electronics, IOT (Internet of Things), Technology, Other Manufacturing, Construction & Property, Artificial Intelligence, Semiconductor, Security, Building Systems, Manufacturing, Combination, Arm, Automation, Temperature, M23, Environment, Internet of things, Business, LQFP, Embedded, Library, Internet, BOM, MCU, Renesas Electronics, TRNG, Family, QFN, HOCO, Ecosystem, BSP, Series, Multimedia, HMI, FSP, AES, Building, Mobile phone

Renesas Electronics Corporation (TSE:6723), a premier supplier of advanced semiconductor solutions, today introduced the RA0 microcontroller (MCU) Series based on the Arm® Cortex®-M23 processor.

Key Points: 
  • Renesas Electronics Corporation (TSE:6723), a premier supplier of advanced semiconductor solutions, today introduced the RA0 microcontroller (MCU) Series based on the Arm® Cortex®-M23 processor.
  • The new, low-cost RA0 devices offer the industry’s lowest overall power consumption for general purpose 32-bit MCUs.
  • In addition, Renesas offers a Software Standby mode in the new MCUs that reduces power consumption by a further 99 percent to a miniscule 0.2 µA.
  • Renesas is now shipping the first group in the RA0 Series, the RA0E1 Group.

Cariloop Secures $20 Million in Series C Funding to Accelerate Growth and Expand Caregiver Support Solutions

Retrieved on: 
Tuesday, April 9, 2024
Software, Managed Care, General Health, Professional Services, Family, Data Management, Consumer, Technology, Health Technology, Human Resources, Consulting, Health, ASPCA, Organization, KPMG, Growth, Entrepreneurship, Caregiver, Procter & Gamble, American Cancer Society, NPS, ABS Capital Partners, CAE, Investment, ABS, Traction, Workforce, Series, Insperity

Cariloop, the leading comprehensive caregiver support platform, today announced the successful closure of its Series C funding round, raising $20 million.

Key Points: 
  • Cariloop, the leading comprehensive caregiver support platform, today announced the successful closure of its Series C funding round, raising $20 million.
  • “The service we provide gives companies a way to support their working caregivers and drive employee wellbeing, productivity and retention.
  • As part of the Series C financing, Krusius will join Cariloop’s Board of Directors and Cal Wheaton, Partner at ABS Capital, will join as a Board Observer.
  • Steven Theesfeld, Cariloop’s Co-Founder, and Colin Patrick, Patterson Thoma Family Office’s Chief Investment Officer, will step down from the Board.

Alethea Raises $20M in Series B Funding for Disinformation Mitigation

Retrieved on: 
Tuesday, April 9, 2024
GV, Organization, Data science, The New York Times, Acceleration, Intelligence, Risk, General partnership, SAN, Venture round, GRU, Social media, Research, Invisible ink, Fortune 500, Public sector, Series, Intel, Marketing, Engineering, Risk management

WASHINGTON and SAN FRANCISCO, April 9, 2024 /PRNewswire/ -- Alethea , the leading technology company in disinformation detection and mitigation, announced the close of a $20M Series B funding round led by GV , with participation from Ballistic Ventures , who led Alethea's Series A funding in 2022.

Key Points: 
  • WASHINGTON and SAN FRANCISCO, April 9, 2024 /PRNewswire/ -- Alethea , the leading technology company in disinformation detection and mitigation, announced the close of a $20M Series B funding round led by GV , with participation from Ballistic Ventures , who led Alethea's Series A funding in 2022.
  • Alethea is the leading technology company in disinformation detection and mitigation.
  • Alethea was represented by outside counsel WilmerHale in the Series B transaction.
  • Visit the Alethea careers page for more information on open positions across data science, product, engineering, finance, operations, and marketing and sales.

Renaissance Report Highlights 179 Million Books Read in 2022-2023 School Year; Provides Actionable Insights into K-12 Student Interests and Reading Behavior

Retrieved on: 
Tuesday, April 9, 2024
Librarian, Series, Achievement Medal, Parent, Education, SGP, School, Star, Research, Child, Student, Dog Man, Myon, Habit, Book, SGPS

BLOOMINGTON, Minn., April 9, 2024 /PRNewswire/ -- As schools continue to work to bring reading scores up to pre-pandemic levels, a new report provides a definitive look at what kids are actually reading in grades K–12 and documents the significant difference that reading at least 15 minutes per day—over time—makes on future academic success.

Key Points: 
  • The report documents the more than 179 million books read by these students during the 2022–2023 school year by grade and reading level.
  • Data is drawn from two Renaissance sources: Accelerated Reader , which tracks what students are reading; and myON , which provides access to a massive digital library.
  • Together, these programs personalize reading practice for students by guiding them to engaging books and sharing actionable reading data with educators.
  • "No other study captures student reading behavior on this scale," said Dr. Gene Kerns, Chief Academic Officer at Renaissance.

StrikeReady Raises $12 Million for Industry-First AI Security Command Platform Purpose-Built for Modern SOC Teams

Retrieved on: 
Tuesday, April 9, 2024
Automation, SOC, CISA, Arctic wolf, Organization, Growth, ICANN, Intuition, World Trade Center (1973–2001), Human, Series

DALLAS, April 9, 2024 /PRNewswire/ -- StrikeReady, the AI-pioneer advancing the way modern security teams operate, today announced $12 million in funding. The Series A round was led by 33N Ventures, with participation from Hitachi Ventures, Monta Vista Capital and industry luminaries Brian NeSmith, executive chairman and former CEO at Arctic Wolf; and Rod Beckstrom, former CEO of ICANN and Founding Director of U.S. National Cybersecurity Center (now CISA).

Key Points: 
  • DALLAS, April 9, 2024 /PRNewswire/ -- StrikeReady , the AI-pioneer advancing the way modern security teams operate, today announced $12 million in funding.
  • StrikeReady is revolutionizing cybersecurity with its groundbreaking, vendor-neutral AI security operations platform.
  • StrikeReady's command center makes SOC teams more efficient and effective by uniting, centralizing and operationalizing security, fostering smarter, faster decision-making and proactive security defense.
  • These challenges are driving the growth of StrikeReady, which is transforming the way modern security teams operate by reinventing how everything works together, while delivering a comprehensive, trustworthy view of security threats.

Cheung Kong Graduate School of Business and ESMT Berlin Launch Program for Unicorns in Germany

Retrieved on: 
Monday, April 8, 2024
Growth, Partnership, School, CB Insights, Distinguishing, Entrepreneurship, Dean Foods, DEEP, Series, CKGSB, ESMT, Management

BEIJING, April 8, 2024 /PRNewswire/ -- On April 5, 2024, CKGSB and ESMT Berlin signed an agreement to launch the Global Unicorn Program in Germany.

Key Points: 
  • BEIJING, April 8, 2024 /PRNewswire/ -- On April 5, 2024, CKGSB and ESMT Berlin signed an agreement to launch the Global Unicorn Program in Germany.
  • In an era that calls for global responsibility and a commitment to sustainable growth, this partnership stands for innovation and global collaboration.
  • Present at the signing ceremony were CKGSB Founding Dean and Dean's Distinguished Chair Professor of China Business and Globalization Xiang Bing and ESMT President Jörg Rocholl and CFO Georg Garlichs.
  • In fact, CKGSB is the first business school, since 2015, to offer programs specifically designed for unicorn and soon-to-be-unicorn founders.

Cheung Kong Graduate School of Business and ESMT Berlin Launch Program for Unicorns in Germany

Retrieved on: 
Monday, April 8, 2024
Growth, Partnership, School, CB Insights, Distinguishing, Entrepreneurship, Dean Foods, DEEP, Series, CKGSB, ESMT, Management

BEIJING, April 8, 2024 /PRNewswire/ -- On April 5, 2024, CKGSB and ESMT Berlin signed an agreement to launch the Global Unicorn Program in Germany.

Key Points: 
  • BEIJING, April 8, 2024 /PRNewswire/ -- On April 5, 2024, CKGSB and ESMT Berlin signed an agreement to launch the Global Unicorn Program in Germany.
  • In an era that calls for global responsibility and a commitment to sustainable growth, this partnership stands for innovation and global collaboration.
  • Present at the signing ceremony were CKGSB Founding Dean and Dean's Distinguished Chair Professor of China Business and Globalization Xiang Bing and ESMT President Jörg Rocholl and CFO Georg Garlichs.
  • In fact, CKGSB is the first business school, since 2015, to offer programs specifically designed for unicorn and soon-to-be-unicorn founders.

FEMSA Shareholders’ Meeting Resolutions

Retrieved on: 
Monday, March 25, 2024
FMX, Annual, Annual report, BMV, Committee, ADS, Audit committee, Shareholder, Bank statement, Woman, Operation, Series

de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) held its Annual Shareholders’ Meeting today (“the Shareholders’ Meeting”), during which the shareholders approved the consolidated financial statements for the year ended December 31, 2023, the 2023 CEO’s annual report and the opinion of the Board of Directors for the year 2023.

Key Points: 
  • de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) held its Annual Shareholders’ Meeting today (“the Shareholders’ Meeting”), during which the shareholders approved the consolidated financial statements for the year ended December 31, 2023, the 2023 CEO’s annual report and the opinion of the Board of Directors for the year 2023.
  • In line with our goal of setting the standard for corporate governance best practices, the shareholders’ meeting elected Elane Stock and Olga Gonzalez Aponte as new independent directors.
  • Additionally, the Annual Shareholders’ Meeting declared and approved the payment of an extraordinary cash dividend of Ps.
  • For additional information, please refer to the Summary of Resolutions in the Shareholders Meeting section of our corporate website at: https://femsa.gcs-web.com/shareholder-meeting-information