News Hub | News Direct

Technology

Artificial Intelligence Big Data Cloud Computing Cyber Security Data Management Electronics Enterprise & Network Technology Financial Technology Hardware Mobile & Wireless Nanotechnology Semiconductor Software Telecommunications
Article thumbnail News Release

DealMaker’s IP Claim Against Issuance Picking Up Steam

DealMaker

On June 27, 2023, the United States District Court for the Central District of California issued an Order confirming that DealMaker’s case against Darren Marble, Issuance Inc. and Crush Capital Inc. will proceed. The Court denied the Defendants’ motion to dismiss the lawsuit because DealMaker’s trade secrets claims are sufficiently pleaded in the complaint. DealMaker alleges that the Defendants gained access to DealMaker’s platform under false pretenses and subsequently misappropriated DealMaker’s intellectual property and trade secrets. Last week, DealMaker also filed a motion for a preliminary injunction asking the Court to prevent the Defendants from making false statements about DealMaker. DealMaker has revolutionized a multi-jurisdictional approach to raising capital across a wide variety of deal types, standardizing complex legal and compliance requirements across international jurisdictions - powered through innovative and patent-pending business intelligence systems. DealMaker is on a mission to create the most sophisticated capital markets tools on the planet, empowering capital to flow faster. It offers a suite of primary issuance, shareholder management, and capital raising solutions that includes equity crowdfunding, investor ranking algorithms, and data/analytical tools to support all capital raise types and all securities. Its innovative technology was designed to enable organizations to own and control exempt market raises to get the money they need, faster. DealMaker works for their issuers: putting brands and founders back in control to run streamlined, successful capital raises. Its mission is to turn the process of raising capital into simple eCommerce. The company’s offices are located in Toronto, Austin, and Tampa. Visit DealMaker.tech for more information. Contact Details Leigh Nolan +1 416-554-0949 natasha.jose@dealmaker.tech Company Website https://www.dealmaker.tech/

June 28, 2023 08:40 AM Eastern Daylight Time

Article thumbnail News Release

COMCAST COMPLETES MULTI-MILLION-DOLLAR BROADBAND EXPANSION TO MORE THAN 2,300 HOMES & BUSINESSES IN WAYZATA, MN

Comcast Twin Cities

Comcast today announced the company completed its expansion to bring its smart, fast and reliable fiber-rich network to more than 2,300 homes and businesses in the City of Wayzata, including residential broadband speeds faster than 1 gigabit per second (Gbps) and business speeds up to 100 Gbps. The completion is part of Comcast’s ongoing expansion in the Midwest, where the company will invest more than $20.2 million to bring broadband into homes across the region. Before the end of 2024, Comcast will also expand into Cologne, and, with funding support from the State of Minnesota’s Border to Border Broadband program, Comcast will also extend its network into Rogers and Corcoran. "The City of Wayzata joins Comcast in celebrating the completion of this investment in our community. It will support workforce development, education and greater access to high-speed internet for our residents. It also improves our internet infrastructure in a way that is attractive to businesses interested in locating or expanding their operations here," said Mayor Johanna Mouton, City of Wayzata. “I am grateful for Comcast’s commitment to expanding broadband access to Wayzata.” Wayzata residents will have access to all Xfinity Internet service offerings with speeds faster than 1 Gig and advanced WiFi technology from powerful gateways capable of delivering reliable and consistent connections for real-time activities like gaming, live streaming, and video conferencing with ultra-low lag. Residents will also have access to Flex, a solution to help users search less and watch more with a voice-controlled 4K streaming TV box, putting everyone’s favorite streaming apps all in one place, the award-winning Xfinity X1 video platform, Xfinity Home, Comcast’s professionally installed home security solution, and Xfinity Mobile, a top ranked service in customer satisfaction that can save customers hundreds of dollars a year on their mobile bills. Residents can also take advantage of the company’s Internet Essentials program that provides low-cost, high-speed broadband for income-constrained households. Since its inception in 2011, the program has connected more than 416,000 Minnesotans. Comcast also participates in the Affordable Connectivity Program (ACP), which provides qualifying households with a $30 monthly credit toward internet and mobile services. “Reliable broadband services are essential for healthy communities. With expanded broadband access, our community members can tap into the resources they need to stay connected and engaged and help drive economic development,” said Becky Pierson, Wayzata Chamber President. For local businesses, Comcast Business offers a suite of connectivity, cybersecurity, managed solutions and Comcast Business Mobile products designed specifically for their employee’s needs. Powered by the nation’s largest Gig-speed broadband network, and backed by 24/7 customer support, Comcast Business is the nation’s largest cable and Internet provider to small and mid-size businesses and one of the leading providers to larger organizations in the Enterprise market. Comcast Business has been consistently recognized by industry analysts and associations as a leader and innovator, and one of the fastest growing providers of Ethernet services. “It is so nice to finally have Comcast Business in Wayzata! While I have been a Comcast customer for my home internet for 10+ years, and it is wonderful to finally have internet access for our business and office,” said Brittany Alexander, Office Manager, Business & Estate Advisers, Inc. “Comcast creates a ‘small town’ feel given our close-knit relationships with their team and we look forward to making this our internet provider for many years to come.” “Technology is a powerful driver of innovation, entrepreneurship, and economic growth, and we recognize our company plays an important role in connecting Wayzata residents and businesses to all the opportunities broadband offers,” said Kalyn Hove, Regional Senior Vice President, Comcast. “Completing this expansion in Wayzata is another example of our investment in the Twin Cities and our commitment to bringing more opportunities to communities around the area. In fact, in the last three years, Comcast has made $473 million in technology and infrastructure investments in Minnesota, including upgrades to our network.” Powered by the Xfinity 10G Network Comcast’s network and Internet experience are powering homes and businesses today and into the future: Ultimate Capacity: Xfinity customers connect nearly 1 billion devices across the company’s network annually. The Xfinity 10G Network with the next-generation Xfinity gateways deliver the most advanced WiFi technology carrying three times more bandwidth to power streaming, gaming, videoconferencing, and more, simultaneously. Fastest Internet: More than a third of Xfinity Internet customers subscribe to gigabit speed products, and symmetrical gig speeds are coming to the first homes this year. Unprecedented Coverage: The latest Xfinity Gateway provides a more reliable connection throughout the home. Customers can get wall-to-wall WiFi coverage with a powerful Xfinity WiFi Boost Pod that extends coverage to hard-to-reach areas, with plans for an offering of increased support for in-home WiFi through a “boost guarantee” later this year. Most Reliable Connection: Comcast is scaling the nation’s largest and most reliable network – the Xfinity 10G Network – that passes 60 million homes and businesses and counting. The company plans to launch a new device that is “storm ready” with cellular and battery backup to help keep customers connected even when the power goes out. Ultra-Low Latency: The Xfinity 10G Network and the latest Xfinity Gateway are a powerful combination that deliver ultra-low latency for those moments when response times matter most like video games, a fast-growing category with Xfinity households averaging more than one gaming console per home. To celebrate the expansion of Xfinity services to the City of Wayzata, on June 30-July 1 from 11 a.m. to 5 p.m. CT, the Comcast team will be hosting an ‘Xfinity On Tour’ event at the Wayzata West Middle School West parking lot to provide residents the opportunity to learn more about Comcast services, answer questions, and take advantage of exclusive offers. Also included during the event is complimentary family fun with a balloon artist, face painter, ice cream and giveaways for all. You can also stop into the nearest Xfinity store to learn more. About Comcast Corporation Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company. From the connectivity and platforms we provide, to the content and experiences we create, our businesses reach hundreds of millions of customers, viewers, and guests worldwide. We deliver world-class broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream leading entertainment, sports, and news through brands including NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible theme parks and attractions to life through Universal Destinations & Experiences. Visit www.comcastcorporation.com for more information. Contact Details Comcast Jill Hornbacher +1 651-425-1695 Jill_Hornbacher@comcast.com Company Website https://midwest.comcast.com/

June 28, 2023 07:00 AM Central Daylight Time

Article thumbnail News Release

French fintech expands into UK to rescue £20b platform economy payments

Aria

Every year over £20 billion is paid via online platforms to the army of freelance workers working for a range of businesses across the UK and, all too often paid very late. Helping these workers and companies get this right since 2019, French fintech Aria is today launching in the UK to be the default deferred payment infrastructure provider for the UK platform economy and B2B marketplaces. Aria has opened a new office in London and appointed embedded finance and B2B marketplace specialist Tom Lamb as Head of UK to lead its growth efforts and scale the UK team with 6-8 hires expected in 2023. Launching in the UK with both existing clients and new platforms, the launch marks a new chapter on the back of 2000% YoY scale-up growth supporting 20,000 freelancers per month with invoices ranging from £500 to £20,000. They are launching with European leading platforms such as Malt, Brigad and Dweet which are now being funded in the UK and Europe. Aria supports the growing UK platform economy which comprises the contingent workforce and booming online B2B trade, connecting to marketplaces, transactional SaaS platforms and ERP systems. Aria distributes early payment of supplier invoices and offers deferred payment options for end-clients via their API, letting their platform partners white-label the solution to create brilliant customer experiences and new revenue opportunities. Aria is Europe's leading deferred payment infrastructure provider for the platform economy, working with over 100 platforms to solve the payment gap between when suppliers need to get paid and when buyers want to pay for goods and services. Making B2B trade seamless for freelance platforms, B2B marketplaces and Vertical SaaS Aria integrates directly into the platform's systems enabling instant direct payments to suppliers across Europe and allowing buyers up to 90 days to pay for goods. Founded in 2019 in Paris by co-founders Clement Carrier and Vincent Folny, as ex-freelancers themselves they understood the pain of waiting for slow payment and uncertainty of income freelancers experience. Since launching their deferred payment API in 2021, Aria has exploded in France and Europe, to become the leading provider of deferred payment for contingent workforce platforms in Europe, working with the largest freelance platforms and marketplaces such as Malt, Brigad, StaffMe and SThree. With a recent debt raise of £50m from M&G Investments Aria is prepped for further growth in the UK and European market with annual finance capacity of over £1bn. Clément Carrier, CEO and co-founder of Aria, commented: “We built Aria to make instant B2B payments the new standard for the platform economy. Our growth has been fueled by solving a real problem for freelancers and businesses in a way that lets platforms keep control of their customer experience. Opening up the UK market is an important step in our journey to change the way businesses pay and get paid.” Freelancers contribute approximately £20 billion to the British economy each year. Yet these statistics are largely based on the gig economy which often doesn’t even include the highly skilled end of the freelancer spectrum. Some estimates push this economic contribution further, stating the spiralling growth of the gig economy in the UK could explode to a £63.25 billion contribution to the UK economy by 2026. When hiring pauses, the freelancer work continues. Fiverr found 78% of companies will rely on freelancing in 2023 rather than add staff with post-pandemic remote policies making it easier than ever to integrate freelancers. Critical talent gaps make it necessary, with year-on-year growth being greatest for web programming (43%), web design (31%) and social media marketing (25%) according to TechRepublic. With an average delay of 15.6 days, the UK has recorded the worst late payment figures since the end of 2016. One in ten British companies now delays payment to suppliers by more than 30 days. Aria ensures freelancers get paid in 24 hours and know that invoices will not be missed or go unpaid. Tom Lamb, Head of UK for Aria, commented: “It’s incredibly exciting to be bringing Aria’s technology to the UK, supporting platforms to solve the biggest problem facing many freelancers and suppliers. Post-Covid and in the current economic climate more and more companies are looking online and for contingent workforce solutions but struggle to get the same terms or experience to which they are accustomed. By working with our platform partners we make solving this crucial issue for businesses and freelancers simple, easy and automated.” The UK launch marks an important step in Aria’s growth and ambition to be the leading deferred payment infrastructure partner to the platform economy. Hiring Tom Lamb as Head of UK brings in expertise as the company looks to support more diverse B2B marketplaces. About Aria Aria is a B2B deferred payment infrastructure for the platform economy. It enables marketplaces and Transactional SaaS to improve their growth by offering instant payments to their providers while maintaining cash flow until their customer has paid. Founded in 2019 in Paris by co-founders Clement Carrier and Vincent Folny. Since launching their deferred payment API, Aria has exploded across Europe, to become the leading provider of deferred payment for contingent workforce platforms, working with the largest freelance platforms and marketplaces such as Malt, Brigad, StaffMe and SThree. For more information please visit https://www.helloaria.eu/en Contact Details Aria Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.helloaria.eu/en

June 28, 2023 07:00 AM Eastern Daylight Time

Image
Article thumbnail News Release

Nextech3D.ai sees rest of 2023 as key to company growth with technology leading the way

Nextech3D.AI

Nextech3D.AI CEO Evan Gappelberg joined Proactive's Steve Darling share news the company has sent out a shareholder update noting some of the key milestones the company has achieved over the last six months. Gappelberg told Proactive more about the success the company is seeing with its spin-out program that includes ARWay and Toggle3D. The company has also seen a number of generative AI patents filed and has delivered over 20,000 models for its client Amazon. Year over year 3D model revenue growth is over 550%. Additionally, Nextech's revenue growth from technology has grown by over 40%. Contact Details Proactive Investors Canada +1 604-688-8158 na-editorial@proactiveinvestors.com

June 27, 2023 04:26 PM Eastern Daylight Time

Video
Article thumbnail News Release

ARway sees big increase in sales pipeline rising by $2.5 million in potential revenue

ARway

ARway Corp CEO Evan Gappelberg joined Proactive's Steve Darling to share news of a big rise in its sales pipeline. The firm's pipeline jumped 70% in just six weeks to over $2.5 million in revenue opportunity. Gappelberg told Proactive the company is aiming to conclude 2023 with a pipeline valued at $10 million. This does not mean the company will hit those numbers in sales but Gappelberg says he confident in his teams ability to successfully close these deals. Contact Details Proactive Investors Canada +1 604-688-8158 na-editorial@proactiveinvestors.com

June 27, 2023 12:54 PM Eastern Daylight Time

Video
Article thumbnail News Release

Valour launches carbon-neutral Bitcoin ETP

Valour Inc.

Valour Inc Chief Sales Officer Marco Infuso joined Proactive's Thomas Warner following the technology company's launch of a carbon-neutral Bitcoin exchange-traded product (ETP). Valour has partnered with climate technology platform Patch to offset the carbon emissions created by the bitcoin mining process. Infuso suggests that the partnership with Patch is part of a wider move toward increasing the number of partnerships Valour is involved with. As of June 15th, investors in Germany can purchase the 1Valour Bitcoin Physical Carbon Neutral ETP with a management fee of 1.49% on the Frankfurt Stock Exchange, the largest exchange in Germany. Contact Details Proactive Canada +1 604-688-8158 na-editorial@proactiveinvestors.com

June 27, 2023 12:44 PM Eastern Daylight Time

Video
Article thumbnail News Release

Vertical Insure Merges with Next Wave Insurance to Rapidly Expand Its Insurance Product Offerings

Rally Ventures

Vertical Insure, the embedded insurance platform built for vertical SaaS platforms, today announced its merger with Next Wave, a provider of commercial, accident and travel related insurance products to numerous vertical industries. This merger strengthens Vertical Insure’s capabilities and cements its position as the leading provider of embedded insurance products and services for vertical SaaS. Vertical Insure provides vertical SaaS platforms with embedded, white label insurance products that can be deployed to their current customer base via robust APIs. The merger with Next Wave will enable Vertical Insure to rapidly expand its range of customized insurance products available to new and current customers. Next Wave brings over 15 years of experience developing niche insurance programs, like their recently developed youth sports insurance program designed to help amateur and youth sports organizers and participants protect against liability and event cancellation exposures, unforeseen sports related individual medical expenses, non-refundable registration fees and other exposures. "We are thrilled to announce our merger with Next Wave. This merger marks a significant milestone in the growth and expansion of Vertical Insure,” said Brock Noland, Co-Founder and CEO of Vertical Insure. “Next Wave has a long history in the insurance industry and a deep understanding of how to build great insurance products. This move will enable us to even better serve our customers and provide them with the customized insurance options they need.” "We are excited to be joining forces with Vertical Insure. This merger is a great opportunity for the companies to leverage each other’s strengths. We see tremendous potential in combining our trusted relationships and industry knowledge with Vertical Insure's software platform and technical expertise. We’re looking forward to this new chapter and the opportunities it will bring," said Jeff Ward, Founder and CEO of Next Wave. "As a customer of Vertical Insure, this is a welcome development because it expands the insurance products, services and expertise already available to us through the Vertical Insure software platform. At Crossbar, our mission is to help club admins spend more time being parents by building amazing tools. We look forward to increasing the insurance options available that meet the unique needs of our customers," said Chris DeGroat, Founder and CEO of Crossbar. With this merger, Vertical Insure aims to expand its range of insurance products, accelerate the innovation of new insurance products and continue rapidly scaling the business. Vertical Insure recently announced it raised $2M in additional financing led by Greenlight Re Innovations, bringing its total seed funding raised since inception to $6M. About Vertical Insure: Vertical Insure is an embedded insurance platform built for vertical SaaS platforms. The company offers customized insurance options that are 100% built around each business and its customers, resulting in added value and new revenue without any extra overhead. Make insurance part of any purchase in any vertical with Vertical Insure. For more information, please visit www.verticalinsure.com. About Next Wave: Next Wave operates as a Program Administrator, Managing General Underwriter and Wholesale Brokerage firm, offering independent agents and brokers a broad range of commercial, personal lines, accident and travel related insurance products nationwide. The Company represents leading international and domestic carrier partners to write traditional and specialty lines of coverage. The firm also develops and distributes niche programs supported by leading edge technology. To learn more, please visit www.nextwaveins.com Contact Details Rachel Subasic rachel@rallyventures.com Company Website https://www.verticalinsure.com/

June 27, 2023 08:03 AM Central Daylight Time

Article thumbnail News Release

Garde Robe by UOVO Launches App and Expands into Bridal

Garde Robe by UOVO

Garde Robe by UOVO, the leading wardrobe storage and services firm established in 2001, is pleased to announce a first of its kind digital closet app as well as dedicated bridal storage services. The MyCloset app represents Garde Robe by UOVO’s commitment to providing its clients with a unique and seamless level of service. The app fuses the Garde Robe by UOVO experience with the most up to date digital technology. OrbitVu 360° cameras photograph items to be uploaded to each account for inventory and insurance purposes. Clients can then view and access their wardrobe on the app and schedule seamless, white-glove pick-up and delivery. Soon to come is the shareable MyStyle function where clients or their stylist can create and save looks based on items in their Closet. For example, a client or stylist can create looks in the app, then Garde Robe by UOVO will pull, pack and ship domestically and internationally, ideal for special occasions, change of seasons or luggage-free travel. Garde Robe by UOVO is also introducing storage services specifically dedicated to bridal to provide clients with a luxury alternative to the common practice of pushing your beloved gown to the back of your closet or storing with a local dry cleaner. Clients can have their gown, suit and accessories cleaned by a third party and prepped for storage, or Garde Robe by UOVO will assess the needs of the gown and other garments onsite to be packed in acid-free tissue in a custom size box with specific care requirements to ensure long-term preservation. “We are thrilled to introduce the My Closet app and bridal storage services to our clients,” said Brennan Lowery, General Manager, Garde Robe by UOVO. “Our goal is to always meet and exceed our clients’ needs with the most innovative technology, services, and facilities possible. The MyCloset app brings a new level of ease and access, so that clients can interact with their wardrobe and collections as if they’re shopping on a luxury e-commerce platform. Additionally, clients can choose to work directly with their Wardrobe Manager for direct, custom one-to-one service.” Like UOVO at large, Garde Robe by UOVO is more than just storage. Staffed by professionals with dedicated expertise and scholarship within the field of fashion, Garde Robe’s suite of services is on par with luxury hospitality and museum-grade archiving and preservation. All clients have access to climate-controlled storage, preservation, shipping, luggage-free travel, private viewing rooms, archiving, cataloging, mending, and cleaning at three state-of-the-art UOVO facilities that are specifically outfitted for garment and accessories care in Brooklyn, Los Angeles and Palm Beach. The announcement of these expanded services reflects an ambitious new chapter of increased resources, services, and capacity under new ownership for Garde Robe by UOVO. UOVO, which began as a boutique art storage and collection management company, has expanded its portfolio to include wine and fashion, acquiring Garde Robe in 2021, and more recently, Domaine, the premier storage, advisory and logistical firm for wine connoisseurs in the U.S. market, earlier this year. UOVO Fashion is equipped to manage the collections and wardrobes of commercial and private clients with enhancements to existing services and expansion into new offerings. Garde Robe by UOVO offers more than just wardrobe storage to create a unique experience on par with elite hospitality. Operating at a concierge level, Garde Robe by UOVO offers comprehensive stewardship of both world class brand and personal collections at state-of-the-art facilities across the U.S. Our suite of services includes maintenance, preservation, archiving, cataloging, luggage-free delivery and storage, managed through one-to-one personal relationships as well as full digital optimization. Contact Details Garde Robe by UOVO Malinda Torres Rebholz +1 917-699-6665 mtorres@ogakidigital.com Company Website https://garderobeonline.com/mycloset/

June 27, 2023 09:00 AM Eastern Daylight Time

Article thumbnail News Release

Introducing Borderless: The New Way to Build and Share VR Experiences

Borderless

Today, Borderless announces that its free, no-code, virtual reality (VR) experience creation platform will soon be available to the public. Previously for enterprise use only, the platform will now make VR more accessible, scalable, and adaptable for organizations, brands and creators worldwide. It is currently compatible with leading VR headsets like Meta Quest and Pico Neo, with plans to include the Apple Vision Pro. “VR is a powerful technological asset, and Borderless aims to make it approachable and powerful, to the technical and non-technical alike,” says Matt Robison, founder and CEO of Borderless. “We’re knocking down barriers to entry and aim to become the platform for creating and sharing immersive experiences; ones that have the potential for lasting positive impact.” Borderless is already trusted by enterprise clients including a major consumer electronics brand, a top retail training provider, and educational nonprofit, Act One. It simplifies the creation and delivery of VR experiences for a wide range of use. With the platform open and available to anyone, organizations can design and update learning and development programs to train employees, brand marketers can build and share immersive activations, educators can transport students to new places, and artists can bring their work to audiences in new ways. Borderless allows individuals and organizations to build immersive experiences in minutes with no headset required. Users can upload 180° or 360° video and images, and create interactive quizzes or surveys all in a simple, web-based tool, previewing their work as they go. A Unity uploader will also allow 3D creators to bring their work, including games, into the platform. Customizable environments tie a complete experience together. Once an experience is created, users can deploy to their compatible devices, from headsets to tablets, simultaneously. Borderless makes it easy for users to keep up with managing their content—from creating and deploying to collecting analytics. “With the Borderless platform, we’ve been able to transport thousands of students in Arizona to places they would never get to see,” said Rachel Yanof, Executive Director, Act One. “Our first VR field trip featured Chicago-based artist Sentrock, a Mexican-American muralist originally from Arizona. We wanted to create inspiring trips grounded in relatable stories that showed students a broader world where people just like them went on to express themselves through art. While there are similar learning opportunities between a traditional arts field trip and VR, we could go even deeper into storytelling with the virtual experience content we created using Borderless.” Starting today, you can check out the official sizzle reel here and sign up at borderlessvr.com to be the first notified about its official debut in the fall with your first look at the no-code platform demo here. ABOUT BORDERLESS Borderless is a company founded on the belief that extended reality experiences have the ability to change the world. Its product is designed to increase accessibility to VR experience creation, and simplify the delivery of content from corporate training to brand experiences to school field trips and beyond. The company's no-code platform is a powerful tool in bringing experiences and products to life for some of the biggest brands in the world today. For more information, visit borderlessvr.com. Contact Details Kite Hill PR for Borderless Geanna Diaz geanna@kitehillpr.com Company Website https://borderlessvr.com/

June 27, 2023 09:00 AM Eastern Daylight Time

1 ... 236237238239240 ... 625