Uber

Validation Cloud Secures $5.8 Million in Inaugural Funding to Propel Web3 Infrastructure

Retrieved on: 
Wednesday, February 28, 2024

Alex Nwaka, Co-Founder of Validation Cloud, expressed enthusiasm about the funding, "This investment marks a pivotal moment for Validation Cloud as we aim to address the urgent demand for scalable and compliant Web3 infrastructure.

Key Points: 
  • Alex Nwaka, Co-Founder of Validation Cloud, expressed enthusiasm about the funding, "This investment marks a pivotal moment for Validation Cloud as we aim to address the urgent demand for scalable and compliant Web3 infrastructure.
  • Validation Cloud is at the forefront of Web3 technology, having developed an innovative system architecture that paves the way for significant advancements in the sector.
  • Validation Cloud's pioneering role in Proof-of-Stake and their relentless pursuit of next-generation Web3 infrastructure have set them apart as leaders in the Web3 space."
  • Their platform lays the groundwork for the enterprise adoption of networks, positioning Validation Cloud as a key player in the Web3 infrastructure landscape.

Aktiia Secures CHF 27 Million (USD 30M) in Funding from Khosla Ventures and Others, Welcomes Daniel Graf as New President and Board Member to Accelerate Innovation in Hypertension Management

Retrieved on: 
Tuesday, February 27, 2024

In conjunction with this funding, Aktiia is delighted to welcome Daniel Graf as its new President and Board Member.

Key Points: 
  • In conjunction with this funding, Aktiia is delighted to welcome Daniel Graf as its new President and Board Member.
  • Daniel, a seasoned technology executive with a distinguished career at companies like Uber and Google, brings a wealth of experience in entrepreneurship, product innovation, and scaling businesses.
  • His leadership will be instrumental in guiding Aktiia's strategic direction and expansion as the company continues to pioneer advancements in hypertension management.
  • "We are proud to have Daniel join our board and executive team," said Mattia Bertschi, CEO of Aktiia.

Aktiia Secures CHF 27 Million (USD 30M) in Funding from Khosla Ventures and Others, Welcomes Daniel Graf as New President and Board Member to Accelerate Innovation in Hypertension Management

Retrieved on: 
Tuesday, February 27, 2024

In conjunction with this funding, Aktiia is delighted to welcome Daniel Graf as its new President and Board Member.

Key Points: 
  • In conjunction with this funding, Aktiia is delighted to welcome Daniel Graf as its new President and Board Member.
  • Daniel, a seasoned technology executive with a distinguished career at companies like Uber and Google, brings a wealth of experience in entrepreneurship, product innovation, and scaling businesses.
  • His leadership will be instrumental in guiding Aktiia's strategic direction and expansion as the company continues to pioneer advancements in hypertension management.
  • "We are proud to have Daniel join our board and executive team," said Mattia Bertschi, CEO of Aktiia.

COTU VENTURES LAUNCHES FIRST FUND WITH $54 MILLION

Retrieved on: 
Tuesday, February 27, 2024

DUBAI, UAE, Feb. 27, 2024 /PRNewswire/ -- COTU Ventures announced that it has raised $54 million to invest in extraordinary founders in MENA when they are at the earliest stages of their startup journeys. COTU stands for Champions of the Underdog, a philosophy that embodies the firm's strategy, investing at the Pre-Seed and Seed stages, where founders are most underestimated.

Key Points: 
  • DUBAI, UAE, Feb. 27, 2024 /PRNewswire/ -- COTU Ventures announced that it has raised $54 million to invest in extraordinary founders in MENA when they are at the earliest stages of their startup journeys.
  • COTU stands for Champions of the Underdog, a philosophy that embodies the firm's strategy, investing at the Pre-Seed and Seed stages, where founders are most underestimated.
  • "I've been a part of the regional ecosystem since 2008, and it's come a long way since then," said Amir Farha, founder and GP of COTU Ventures.
  • "Our partnership with COTU Ventures has been a cornerstone of Sirdab's journey," said Naif Alzahri, co-founder of Sirdab.

Ellyn Hurd, Partner at Simmons Hanly Conroy, Appointed to Plaintiffs' Steering Committee in Uber Rideshare Multidistrict Litigation in Northern District of California

Retrieved on: 
Thursday, February 22, 2024

"We're steadfast in our commitment to fight for justice for the countless victims who have experienced sexual assault and misconduct while trusting rideshare platforms with their safety," said Ellyn Hurd, partner at Simmons Hanly Conroy .

Key Points: 
  • "We're steadfast in our commitment to fight for justice for the countless victims who have experienced sexual assault and misconduct while trusting rideshare platforms with their safety," said Ellyn Hurd, partner at Simmons Hanly Conroy .
  • "It's a privilege to be selected for this significant role on the Plaintiffs' Steering Committee in the joint litigation against Uber."
  • The Uber Rideshare Multidistrict Litigation will be heard in the same court in California.
  • Since its inception, Simmons Hanly Conroy has successfully helped tens of thousands of clients across the country harmed by corporate wrongdoing.

First-Ever Copy-Trading Platform dub Raises $17M Seed Round From A-List VCs and Individual Investors

Retrieved on: 
Thursday, February 22, 2024

NEW YORK, Feb. 22, 2024 /PRNewswire/ -- dub, the first copy-trading platform in the U.S., today announced a $17 million funding round from a group of venture capital firms and individual investors including the CEO of Uber and Co-founder of Robinhood.

Key Points: 
  • dub allows everyday investors to replicate the portfolios of emerging investment managers, famed hedge funds, or elected officials with a single tap.
  • The funding also includes a $2 million venture debt facility provided by Silicon Valley Bank (SVB), a division of First Citizens Bank.
  • With the simple-to-use dub app, everyday investors can choose to copy portfolios with the same ease of buying a single stock.
  • The same investors, or any individual on dub, can also avail their own investment portfolios to be copied.

Yotta, a New Event from DatacenterDynamics, Announces Keynotes and First 40 Speakers

Retrieved on: 
Wednesday, February 21, 2024

NEW YORK, Feb. 21, 2024 /PRNewswire/ -- Yotta Events Inc., a subsidiary of InfraXmedia Holdings and sister company to London-based DatacenterDynamics, announces its first seven keynote speakers along with another 30+ featured speakers for the October 2024 inaugural event. Yotta 2024 (Oct. 7-9, 2024, MGM Grand, Las Vegas) is a large-scale conference and tradeshow that will gather senior executives from across the digital infrastructure ecosystem to explore solutions to how the industry can scale responsibly.

Key Points: 
  • NEW YORK, Feb. 21, 2024 /PRNewswire/ -- Yotta Events Inc., a subsidiary of InfraXmedia Holdings and sister company to London-based DatacenterDynamics, announces its first seven keynote speakers along with another 30+ featured speakers for the October 2024 inaugural event.
  • Yotta 2024 (Oct. 7-9, 2024, MGM Grand, Las Vegas) is a large-scale conference and tradeshow that will gather senior executives from across the digital infrastructure ecosystem to explore solutions to how the industry can scale responsibly.
  • Other speakers announced this week include:
    Sara Keller, Director, Technology Sourcing and Supply Chain, Uber
    Shirin O'Connor, Corporate VP, CTO Cloud Ops & Innovation, Microsoft
    Yotta ( www.yotta.vegas ) will feature 2,500+ attendees, 150+ speakers, 100+ sponsors and exhibitors.
  • Yotta is founded by George Rockett, who also co-founded DatacenterDynamics in 1998, a leading global media and events platform focused on the data center segment.

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against GrafTech, Instacart, and Boeing and Encourages Investors to Contact the Firm

Retrieved on: 
Saturday, February 17, 2024

The Company sells and delivers a range of products in the food, alcohol, consumer health, pet care, and ready-made meals categories, in addition to others.

Key Points: 
  • The Company sells and delivers a range of products in the food, alcohol, consumer health, pet care, and ready-made meals categories, in addition to others.
  • The Company offers its services through a mobile application and website, while also providing software-as-a-service solutions to retailers.
  • Throughout the Class Period, Defendants continued to assure investors that Boeing was laser-focused on safety and quality.
  • These false and misleading statements caused Boeing stock to trade at artificially inflated prices during the Class Period.

Coupa Delivers over $1 Billion in Billings; Unlocks $175 Billion in Bottom-Line Impact for Global Customers

Retrieved on: 
Thursday, February 15, 2024

SAN MATEO, Calif., Feb. 15, 2024 /PRNewswire/ -- Coupa, the leading AI-driven platform that helps you operate smarter and grow faster, today announced it delivered over $1 billion in billings for the fiscal year ended January 31, 2024. The Coupa platform manages more than $5 trillion in overall business spend. The company has helped global businesses achieve more than $175 billion in savings and working capital improvements over the past decade.

Key Points: 
  • The company has helped global businesses achieve more than $175 billion in savings and working capital improvements over the past decade.
  • "In 2023 alone, we helped our customer community unlock more than $30 billion in bottom-line savings.
  • And it wouldn't be possible without the greatest competitive edge that's driving this company forward – our agile, passionate, and committed global team," Turner said.
  • New customers include: Albemarle Corporation, Allwyn, Great Dane, Idahoan Foods, Mobico Group, Patterson-UTI, Penguin Random House, and The Scion Group.

Cabo Wabo® Tequila Expands NASCAR Partnership, Furthers Commitment to Celebrating Race Day Responsibly

Retrieved on: 
Thursday, February 15, 2024

As racegoers make their way to Daytona International Speedway to kick off the 2024 NASCAR season, Cabo Wabo® Tequila, the Official Tequila Sponsor of NASCAR, continues to reach fans both on and off the track.

Key Points: 
  • As racegoers make their way to Daytona International Speedway to kick off the 2024 NASCAR season, Cabo Wabo® Tequila, the Official Tequila Sponsor of NASCAR, continues to reach fans both on and off the track.
  • This season race attendees can expect even more ways to engage with Cabo Wabo throughout the concourse, including continued access to the Cabo Wabo Garage as well as increased presence of the brand’s ongoing Responsible Drinking campaign that encourages fans to revel in the race day festivities responsibly.
  • All weekend long, racegoers 21+ can drop by the Cabo Wabo Garage where they can enjoy Cabo Wabo’s bold cocktails, including the Cabo Wabo Smokeshow and the Cabo Wabo Caborita, or reach for the brand’s signature race-day mocktail, the Bold & Ice Cold.
  • “This means not only rooting for your favorite driver but getting home safely at the end of race day.