White hat (computer security)

Comtech Announces $45 Million Strategic Investment and Exchange of Convertible Preferred Stock

Retrieved on: 
Monday, January 22, 2024

In connection with the investment, the Company exchanged all outstanding shares of Comtech’s existing convertible preferred stock for a new series of convertible preferred stock.

Key Points: 
  • In connection with the investment, the Company exchanged all outstanding shares of Comtech’s existing convertible preferred stock for a new series of convertible preferred stock.
  • “Magnetar and White Hat understand our Company, our end markets, and the potential of our One Comtech vision.
  • “We recognize Comtech’s potential and believe this investment further supports the Company’s commitment to developing and delivering mission-critical solutions for its customers.”
    White Hat and Magnetar purchased $45.0 million of a new series of convertible preferred stock and exchanged all outstanding shares of Comtech’s existing convertible preferred stock for shares of the new series of convertible preferred stock.
  • Further details will be included in the Company’s Current Report on Form 8-K to be filed with the Securities and Exchange Commission.

Luna Announces $50 Million Strategic Investment from White Hat Capital Partners

Retrieved on: 
Thursday, December 21, 2023

Luna Innovations Incorporated (NASDAQ: LUNA) , a global leader in advanced fiber optic-based technology, today announced a $50 million investment by White Hat Capital Partners (“White Hat”), an investment firm focused on sustainable value creation in technology companies serving mission-critical applications.

Key Points: 
  • Luna Innovations Incorporated (NASDAQ: LUNA) , a global leader in advanced fiber optic-based technology, today announced a $50 million investment by White Hat Capital Partners (“White Hat”), an investment firm focused on sustainable value creation in technology companies serving mission-critical applications.
  • Proceeds from this strategic investment were partially used to fund the acquisition of Silixa, also announced today, and related transaction costs in the aggregate amount of approximately $25 million.
  • “We are thrilled to welcome White Hat as a new partner,” said Scott Graeff, President and Chief Executive Officer of Luna.
  • Cooley LLP acted as legal advisor to Luna and Schulte Roth + Zabel LLP acted as legal advisor to White Hat in the transaction.

A FRESH SPIN: TIPICO DEBUTS SLEEK, MODERN REDESIGN OF NATION’S #1 RANKED CASINO APP

Retrieved on: 
Tuesday, October 17, 2023

Tipico Casino has been rated the #1 U.S. casino app in its debut, surpassing BetMGM, DraftKings and Barstool, in a recent study by Eilers & Krejcik Gaming.

Key Points: 
  • Tipico Casino has been rated the #1 U.S. casino app in its debut, surpassing BetMGM, DraftKings and Barstool, in a recent study by Eilers & Krejcik Gaming.
  • The platform provides users with market-leading speed and simplicity in withdrawals and deposits, gameplay, content browsing, and enhanced search capabilities.
  • Tipico has increased its processing speeds by 50% and withdrawal speeds by 7x, making it one of the fastest casino platforms in the country.
  • Tipico Casino originally launched in New Jersey in November 2021 as the company’s second product, following the successful U.S. launch of Tipico Sportsbook the previous year.

Gambling.com Group Announces 2023 American Gambling Awards Winners

Retrieved on: 
Monday, October 9, 2023

Each winner received the American Gambling Awards’ exclusive Golden Eagle trophy – the icon of achievement in the regulated American market for online gambling – engraved with their details. Designed by Gambling.com Group and manufactured by Society Awards -- the firm that produces the Emmys®, American Music Awards and MTV Movie Awards -- the Golden Eagle trophy is an 11-inch, gold-plated, cast-pewter statuette of an American Bald Eagle, proudly resting in front of a pile of casino chips. The 2023 American Gambling Awards featured nearly 50 finalists, with the nominations evaluated by one of the most distinguished panels of expert judges the industry has seen.

Key Points: 
  • The 2023 edition of the American Gambling Awards is pleased to announce the full list of 11 winners recognized for their leadership and innovation within the regulated, online U.S. gambling industry.
  • The American Gambling Awards are produced by Gambling.com Group Limited (Nasdaq: GAMB) (“Gambling.com Group” or the “Group”), a leading provider of player acquisition services for the regulated global online gambling industry.
  • In lieu of a traditional awards event, Gambling.com Group is hosting American Gambling Awards winners, judges and other invited partners at an exclusive VIP dinner in November in New York at Carbone.
  • It is our hope that the American Gambling Awards will bring positive attention to the leaders making this a reality.”
    A full list of American Gambling Awards winners, finalists and judges can be found at: www.gambling.com/us/awards .

White Hat Gaming is the 2023 American Gambling Awards Platform Provider of the Year

Retrieved on: 
Monday, October 2, 2023

The American Gambling Awards is pleased to announce White Hat Gaming is the 2023 “Platform Provider of the Year.” The American Gambling Awards are produced by Gambling.com Group Limited (Nasdaq: GAMB) (“Gambling.com Group” or the “Group”), a leading provider of player acquisition services for the regulated global online gambling industry.

Key Points: 
  • The American Gambling Awards is pleased to announce White Hat Gaming is the 2023 “Platform Provider of the Year.” The American Gambling Awards are produced by Gambling.com Group Limited (Nasdaq: GAMB) (“Gambling.com Group” or the “Group”), a leading provider of player acquisition services for the regulated global online gambling industry.
  • White Hat Gaming is one of the leading full-service platforms providing a secure, scalable and flexible modular casino and sportsbook Player Account Management (PAM) solution.
  • White Hat is very deserving of receiving the Platform Provider of the Year award.
  • I would like to congratulate the entire White Hat team for their efforts in making this achievement possible.”
    For more information about the American Gambling Awards, including a full list of winners, please visit the awards website: www.gambling.com/us/awards .

VIPRE Security Group 2023 Email Security Report Reveals Cybercriminals Posing as MFA Vendors

Retrieved on: 
Thursday, May 18, 2023

NEW YORK, May 18, 2023 /PRNewswire/ -- VIPRE Security Group today announced the release of their Email Security in 2023 Report. The report provides an analysis of the latest trends in email security and recommendations on how to stay ahead of emerging malicious threats. This year's report found that cybercriminals are increasingly posing as Multi-factor Authentication vendors and small businesses are becoming more popular targets.

Key Points: 
  • NEW YORK, May 18, 2023 /PRNewswire/ -- VIPRE Security Group today announced the release of their Email Security in 2023 Report.
  • The report provides an analysis of the latest trends in email security and recommendations on how to stay ahead of emerging malicious threats.
  • This year's report found that cybercriminals are increasingly posing as Multi-factor Authentication vendors and small businesses are becoming more popular targets.
  • To combat emerging email-based threats, VIPRE's new report highlights four recommendations that will enable businesses and their employees to fortify themselves against opportunistic email attacks:
    Cybercriminals are posing as MFA vendors.

Bally's Enters Into Exclusive, Multi-Year B2B Sports Betting Agreements With Kambi Group Plc And White Hat Gaming

Retrieved on: 
Tuesday, May 2, 2023

Combining these market-leading services with Bally's core strengths, including its expansive footprint, which will consist of 17 casinos across 11 states once ongoing projects are completed, a robust, proprietary player database, an integrated Bally Rewards program, and a cross-functional marketing operation, will support the relaunch of Bally Bet -- Bally's online sports betting platform -- which the Company expects to occur across seven states and at four retail gaming locations by the end of 2023. They will also enable Bally's to expand its OSB presence globally over time.

Key Points: 
  • Robeson Reeves, Chief Executive Officer of Bally's Corporation, said, "We are very excited to have entered into long-term agreements with both Kambi and White Hat -- two of the world's most established and trusted gaming technology companies.
  • This, in turn, will support our vision of becoming the premier, full-service, vertically integrated casinos and resorts, online sports betting, and iGaming company."
  • White Hat's PAM platform will also provide Bally's with sports betting and casino content via a mixture of direct supplier and aggregator integrations through its casino module.
  • Phil Gelvan, CEO of White Hat Gaming, said, "We are excited to partner with an innovative gaming company such as Bally's, whose vision for growth and diversification complements that of White Hat.

CloudBolt Software Welcomes Technology Veteran Craig Hinkley as Its New CEO

Retrieved on: 
Thursday, April 13, 2023

Hinkley has a deep track record of success in leading software businesses and driving rapid expansion while also accelerating innovation, scale, and value.

Key Points: 
  • Hinkley has a deep track record of success in leading software businesses and driving rapid expansion while also accelerating innovation, scale, and value.
  • Now he looks to bring further focus to CloudBolt and its offerings.
  • “I am proud and honored to take on the CEO role at CloudBolt as it enters its next chapter,” said Hinkley.
  • “I am particularly grateful to Jeff for all his contributions in getting CloudBolt to where it is today,” Hinkley said.

LastPass Appoints Chief Financial Officer to Leadership Team and Promotes Abby Miller to Senior Vice President

Retrieved on: 
Tuesday, March 21, 2023

Today, LastPass announced it has appointed Terry Murphy as its Chief Financial Officer, where he’s responsible for overseeing LastPass’ Global Finance Organization.

Key Points: 
  • Today, LastPass announced it has appointed Terry Murphy as its Chief Financial Officer, where he’s responsible for overseeing LastPass’ Global Finance Organization.
  • In addition, Abby Miller, has been promoted to Senior Vice President of Customer Experience at the company.
  • View the full release here: https://www.businesswire.com/news/home/20230321005138/en/
    Abby Miller, Sr. Vice President of Customer Experience for LastPass (Photo: Business Wire)
    “As LastPass expands its leadership team and looks to the future, we’re thrilled to welcome Terry to the team,” said Karim Toubba, Chief Executive Officer of LastPass.
  • Murphy adds: “I’m eager to immerse myself with the team and drive LastPass’ financial objectives forward for our customers and shareholders.

Shufti Pro Selected to Streamline KYC Compliance for LMG Gaming in Puerto Rico

Retrieved on: 
Tuesday, December 13, 2022

Shufti Pro , an innovator in identity verification solutions, today announced LMG Gamings (LMGGs) ApuestaPR betting platform, a recent recipient of a Puerto Rico Gaming Commission sports betting license, has selected Shufti Pro to power its Know Your Customer (KYC) and Identity verification (IDV) processes.

Key Points: 
  • Shufti Pro , an innovator in identity verification solutions, today announced LMG Gamings (LMGGs) ApuestaPR betting platform, a recent recipient of a Puerto Rico Gaming Commission sports betting license, has selected Shufti Pro to power its Know Your Customer (KYC) and Identity verification (IDV) processes.
  • ApuestaPR is a new player in the Puerto Rico gaming industry set to launch its retail sportsbook platform in 2023.
  • To remain compliant with Puerto Rico gaming regulations, the company must perform holistic customer due diligence to verify identities before customers can place sports bets on the platform.
  • With Shufti Pro, ApuestaPR can perform robust KYC in seconds, allowing customers to start gaming faster when they join the platform.