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Toplyne raises $15 million Series A to monetize product-led growth

Toplyne

Toplyne, a SaaS platform that lets companies to monetize their product-led growth flywheel, today announced a $15 million Series A funding round led by Tiger Global and Sequoia Capital India, with participation from existing investors Together Fund, Sequoia India’s Surge and angel investors from Canva, Vercel & Zoominfo. Toplyne lets Growth Teams at product-led SaaS companies monetize their product-led growth by increasing conversions within their freemium user base. The company was founded in June 2021 by Rishen Kapoor and Ruchin Kulkarni who were earlier with Sequoia India and the former VP of Product at Clevertap, Rohit Khanna. Since the announcement of its $2.5 million seed round in November 2021, the company has on boarded several marquee customers like Canva, Grafana, Gather.Town, and BrowserStack and is all set to launch a self-serve freemium product within the next quarter to onboard a long list of waitlisted customers. The company has more than doubled from 13 to 30 employees across geographies, since the last round of funding. The genesis of Toplyne happened when the founding team members - former investment analysts at Sequoia India - noticed a fundamental shift in how software was being discovered and bought. Product-led growth (PLG) was at the epicenter of the most successful SaaS companies. User virality, referrals and freemium usage had exploded the top-of-funnel. SaaS companies had more users than ever before. While product-led growth had opened the floodgates at the top of the funnel for successful SaaS companies, the battle had moved from acquisition to conversion. Most hyper-growth PLG companies have sub 1-2% conversion rates. Monetization is easier said than done. Experimentation, with various permutations of user segments and GTM strategies, is of the essence. The responsibility of this experimental approach lies with “Growth” teams. Growth teams at these companies experiment with various GTM strategies that cost heavily in terms of pooling in time, talent (cross functional teams) and money. Toplyne lets these teams (their customers) rapidly experiment and deploy various go-to-market (GTM) motions at scale from driving self-serve conversions through in-product nudges (chatbots, paywalls, promos) or sales-assisted conversions through high-velocity inside-sales teams. By assessing complex patterns in large volumes of product-usage data, Toplyne is able to identify users and accounts who have the highest intent to convert to paid subscriptions. Revenue teams using Toplyne are empowered to focus their efforts on users and accounts who show real intent, rather than chasing leads that will never convert. “Millions of people around the world use Canva to achieve their goals – from high school students to small business owners and the Fortune 500. It’s important that we’re able to identify users where our premium subscriptions are the right fit and can add value to the way they’re using our platform. Toplyne helps us effectively target and scale these efforts at our speed of growth.” - said Toplyne customer David Burson, Head of Product Growth at Canva Toplyne is committed to becoming a one-stop-shop for PLG businesses to solve their monetization problems. The plug-and-play product seamlessly integrates into existing CRMs (Salesforce. Hubspot), customer engagement platforms (Braze) and product analytics infrastructures (Amplitude, Segment) within minutes. Ruchin Kulkarni, Co-founder at Toplyne, said, “It's an interesting time to be a monetization software. ARR is back in vogue. PLG SaaS companies need their free users to convert to paid plans. And they need it to happen yesterday. Toplyne fills this gap by enabling businesses to monetize their product-led growth.” “Whether it’s bubbling up the highest intent users for sales calls, in-product nudges, email campaigns or account expansion, Toplyne’s mission is to transform growth teams from frustrated, hand-tied, prisoners of cross-functional collaboration to agents of change with the power to move metrics at will.” said Rishen Kapoor, Co-founder at Toplyne The team will use the funding to aggressively deliver on the product roadmap and help PLG companies across the spectrum - from early to late stage, increase their conversion rates. They are hiring in the US across many roles including sales and product marketing. The team is laser-focused on going fully self-serve by the end of the quarter to onboard a growing waitlist of 1000+ companies. "Monetizing freemium users is an important problem faced by software companies with a PLG motion. We are thrilled to see how the Toplyne team and product has shaped up in the first year of operations. Their unified approach combining in-product nudges and sales assisted conversions is resonating strongly with customers. We believe Toplyne has a shot at being the global leader of this emerging category and the team at Sequoia Capital India is excited to deepen the partnership with them." Ashish Agrawal, MD, Sequoia India “We are strong believers in building fast. Our product’s first version went live on Day 30 of the company’s existence. We were solely focussed on the outcome of driving up conversion rates for our first customer. Within just a few days of going live, we saw their sales conversion rate double. That’s when we knew we were onto something.” said Rohit Khanna, Co-founder at Toplyne and former VP-Product at CleverTap About Toplyne Toplyne is a technology startup that lets growth teams at product-led SaaS companies monetize their product-led growth by increasing conversions within their freemium user base. The company was founded in June 2021 by Rishen Kapoor and Ruchin Kulkarni who were earlier with Sequoia India and the former VP of Product at Clevertap, Rohit Khanna. For more information, photos and logos please click on the google drive link here. To learn more, visit www.toplyne.io or follow us on LinkedIn or Twitter. Contact Details Toplyne Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.toplyne.io/

May 03, 2022 07:09 AM Pacific Daylight Time

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CognitiveCare Inc. Receives a Grant of Nearly $1 Million to Advance Maternal and Fetal Health

CognitiveCare

CognitiveCare, a Healthcare AI startup and pioneer in maternal and infant health, today announced it has received a $965,871 grant from the Bill & Melinda Gates Foundation to provide antenatal risk stratification AI support for the ARC’s pregnancy surveillance efforts. According to the World Health Organization (WHO), global maternal mortality is an unacceptably high 810 deaths per day, primarily from preventable or treatable causes. Further, 10–15% of all infants born are preterm and are at increased risk of morbidity and mortality. As part of this grant, CognitiveCare will detect and quantify propensity for critical adverse outcomes during antepartum, intrapartum, and postpartum stages, by leveraging CognitiveCare’s Maternal Infant Health Insights & Cognitive intelligence “ MIHIC ” solution. MIHIC incorporates granular insights and patterns that interplay with clinical and social determinants of health to help detect and quantify risks at individual and population levels. CognitiveCare will first validate its models with local data and will then integrate MIHIC into both the Kenya PRiSMA (western Kenya) and the Aga Khan University & VITAL Pakistan ARC sites’ existing production environments. A segment of this grant is dedicated to train the ARC sites to use MIHIC, ensuring sustainable impact. “With the foundation’s grant support, our aim is to support caregivers in understanding propensity for risk early enough to help reduce maternal and infant morbidity and mortality,” said Dr. Suresh Attili, Co-Founder and Chief Medical Officer, CognitiveCare. “Decisions on patient care rest with physicians; however, risk scores generated by MIHIC support triaging patients early. The models will further provide explainable AI functionality to help caregivers understand the ‘why’ behind each MIHIC Score TM.” “ G iven that 94% of all maternal deaths occur in low- and lower-middle-income countries, CognitiveCare is committed to ensuring that low resource settings have access to MIHIC,” said Sheena Gill, President, Americas for CognitiveCare. “With this grant, we take another important step toward our vision to eradicate maternal and infant mortality globally.” About CognitiveCare: CognitiveCare is working at the forefront of science to build the world's first comprehensive health risk quantification solution that integrates AI, advanced math, and stats at the intersection of medicine, biology, genomics and social determinants. CognitiveCare's MIHIC Score™ platform assesses propensity for risk of maternal, fetal and infant health risks categorized as antepartum, intrapartum and postpartum risk scores early in the pregnancy cycle to empower proactive care. To learn more about CognitiveCare, please visit: www.cognitivecare.com. Contact Details CognitiveCare Vivek Singh vivek@cognitivecare.com Company Website https://cognitivecare.com

May 03, 2022 08:00 AM Eastern Daylight Time

Quik.com launches minting of NFT Domains: .metaverse, .vr and .chain

Quik.com

The emergence of blockchain technology has given rise to new value exchanges, dApps, Web 3.0, and crypto-assets. And one of the most essential and innovative of them is the NFT domains. The crypto wallets and decentralized apps work with lengthy and cumbersome alphanumeric identifiers. However, we associate these crypto addresses with domain names. It could disrupt the crypto industry like how traditional domain names had revolutionized the internet by replacing IP addresses. Quik.com offers NFT domain extensions or TLDs such as.chain,.metaverse,.vr,.doge,.shib,.bored,.btc,.web3,.address and.ai. Apart from the artwork that comes with each minted NFT domain, the owners shall also be able to use these NFT domains inside the Quik ecosystem once Quik launches its web extension and browser, which are planned for the future. What Are NFT Domains? Blockchain domains offered by platforms such as Quik.com and Unstoppable Domains are essentially domain name systems or DNS embedded on the blockchain instead of the traditional centralized system. It allows the data structure to be distributed over a decentralized network, allowing everyone in the network to read its content. In other words, blockchain technology is the next big thing for the domain name industries with new functionalities and advantages. However, NFT domains cannot be used to host websites inside the traditional DNS but rather have their own set of advantages. These systems are also completely free of central entities like ICANN, making them resistant to censorship. However, it is essential to note that features of NFT domains can differ based on the underlying smart contracts of the issuer that mints the blockchain domain code. Blockchain Domains Over Traditional Domains In the.com era, several businesses found success primarily because of their domain and its primacy in search results. Today, traditional domains are worth more than 20 to 100 billion USD as an asset class. So far, over 300 million domain names are sold, some of them costing hundreds of millions of dollars, insurance.com and internet.com, for example. There are more than 1,500 different domain extensions currently live. However, the innovation in the traditional domain market has become stagnant over the past many decades. And now, with the emergence of NFT domains, we can't help but start imagining them as the biggest digital asset class. In addition, their features like censorship resistance and ease of payment address major drawbacks of the present domain names. It makes NFT domains virtually borderless, permissionless business tools. While traditional domains were primarily for businesses, blockchain domains have applications for businesses and individuals. As the entire centralized DNS infrastructure can easily migrate to a public blockchain at any time in the future, NFT domains may soon become the first choice. Why Quik? NFT domains you purchase or mint on the Quik marketplace offer edge over traditional and other blockchain domain names because: ● There are no renewal fees, offers 100% ownership ● Censorship resistant ● Mint, purchase, or sell NFT domains using Quik's intuitive UI with minimum effort. ● Quik also offers the infrastructure to help businesses move from Web 2.0 to Web 3.0 ● Minters also get 5 to 10% of royalties for life on every subsequent sale ● Each domain name comes with a unique NFT artwork attached to it Top TLDs available on Quik include.metaverse,.vr,.chain,.shib,.doge. In addition, it is soon launching new NFT domain names like.btc,.ai,.web3,.address. The current NFT domain names are based on the Ethereum blockchain, but Quik plans to launch NFT domains on other blockchain protocols as well in the future. The NFT domains available on Quik shall work within the Quik ecosystem. Quik plans to launch its web browser and web extension to help empower these NFT domains soon. "NFT domains offer superior functionality over traditional domains, which are one-dimensional and have narrow purposes. We believe blockchain domain names have the potential to drive the idea of a truly decentralized internet," said Sahil Kohli, the CEO of Quik. Ready to mint your first NFT Domain? Visit Quik.com. Read Quik's whitepaper here. Follow Quik on Social Media: LinkedIn, Twitter, Instagram Subscribe to Quik’s Newsletter - here Contact Details Global Tec Heena Vinayak hello@quik.com Company Website https://quik.com/

May 02, 2022 07:00 PM Eastern Daylight Time

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DealMaker announces new CFO Appointment

DealMaker

DealMaker, the leading capital raising technology platform, has appointed Murray Thomas as the company’s Chief Financial Officer. Murray brings over 20 years of CFO experience in finance and high growth companies. He has led multiple debt and equity financings and his past companies have graduated to the public markets or been acquired by the likes of Logitech, Google, and Macquarie. While at TouchBistro, he scaled the company from 35 to 500 employees and led 5 financing rounds for over $270M. A driven leader, his extensive CFO experience at both public and private companies brings expertise in managing fast-paced growth companies. With his proven financial, operational, and leadership skills, Murray thrives at guiding start-up entrepreneurial organizations through multiple rounds of capital raising while increasing company valuation. “Murray brings valuable new experience to the DealMaker team,” said Rebecca Kacaba, CEO and Co-Founder of DealMaker, “His experience coupled with his ability to work within, and navigate, rapid change makes him a great fit for the team as helps guide us through this pinnacle time of growth.” Issuers and organizations in the capital markets can learn more about DealMaker at https://www.dealmaker.tech/. 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 including investor ranking algorithms and data analytics tools to support all global private placements exemptions. Its innovative technology was designed to enable organizations to own and control exempt market raises to get the money they need, faster. DealMaker puts forward-thinking organizations in control to run streamlined, successful capital raises in one centralized platform. The company’s offices are located in Toronto, Canada, Austin, Texas and Tampa, Florida. Visit DealMaker.tech for more information. Contact Details Natasha jose natasha.jose@dealmaker.tech Company Website https://www.dealmaker.tech/

May 02, 2022 01:00 PM Eastern Daylight Time

CPACharge Announces ClientCredit, New Buy Now Pay Later Payment Option for Accounting Professionals

CPACharge

CPACharge, the online payment solution developed specifically for accounting firms, has announced the launch of a new payment option, ClientCredit. ClientCredit is available exclusively on the CPACharge platform and allows individual clients to pay for accounting services over time, while firms receive 100% of their invoiced amount upfront. According to a survey of consumers conducted by the Financial Conduct Authority (FCA) in December 2020, 11% of consumers, or roughly 5 million individuals, have used a flexible financing product since the start of the COVID-19 outbreak. As the increase in online payments continues to rise, flexible payment options allow accounting firms to: Get paid faster and more predictably Expand their potential client base as flexible payment options open the door for more clients Spend more time focusing on clients, and less time on chasing payments “Our CPACharge customers were asking for a way to make their services more accessible to their customers by providing them the ability to pay over time for services rendered,” said Dru Armstrong, CEO of CPACharge. “CPA’s go into the practice of accounting to solve their clients’ problems. With ClientCredit financing, we are excited to be able to give our customers another way to easily solve the payments discussion so that they can focus on their clients.” ClientCredit will allow accounting firm clients to have more control over their finances, empowering them to predict and budget their costs for requested services. The ClientCredit option will be for individuals that are looking for more flexibility on payments and will allow them to select the CPA or accounting professional they want based on their needs. With ClientCredit, firms will still receive 100% of their payment upfront. Clients utilizing this option will have the buy now, pay later option. CPACharge leads the online payments market with innovations such as eCheck, QR code and mobile app payments, scheduled payments, reporting tools, online statements and partner integrations that deliver a digital payments experience exclusively designed for accounting professionals. CPACharge maintains their leadership in the online payments market with the highest level of Payment Card Industry (PCI) compliant payment options. ClientCredit is now available to existing and new CPACharge customers. For more information on how to sign-up for CPACharge, visit: https://www.cpacharge.com/sign-up/ About CPACharge CPACharge, an AffiniPay solution, is an online payment technology developed specifically for CPA firms, giving professionals a secure way to accept credit, debit and eCheck payments. AffiniPay is headquartered in Austin, Texas and offers a modern payment gateway that integrates with more than 30 software solutions and is trusted by 150,000 professionals. CPACharge is offered as a Member Discount Partner by the AICPA and recommended by many other CPA societies. Visit cpacharge.com to learn more. CPACharge, an AffiniPay solution, is an online payment solution developed specifically for CPA firms, giving professionals a secure way to accept credit, debit and eCheck payments. Contact Details CPACharge Keely Leonard +1 512-368-8988 kleonard@affinipay.com Company Website https://www.cpacharge.com/

May 02, 2022 10:28 AM Central Daylight Time

TJ44 and Provana Establish Compliance Advisory

Provana

Provana, provider of the industry’s first unified platform for compliance and performance management, today announced a strategic partnership with TJ44 Consulting LLC, a compliance consultancy founded by Tara Trantham, who was previously Chief Legal Officer and Chief Compliance Officer at Southern Management Corporation, in addition to General Counsel and Senior Vice President at World Acceptance Corporation (WRLD). The new solution combines Tara’s legal and compliance acumen, built across years working directly with the Consumer Financial Protection Bureau (CFPB), and Provana’s comprehensive compliance management suite, IPACS. The announcement was made from the American Financial Services Association’s (AFSA) Independents Conference & Expo in La Quinta, California. Coming at a pivotal moment, on the heels of the CFPB’s announcement that it will exercise its dormant authority to examine non-bank lenders and financial services companies, the joint solution aims to help a broad scope of now regulated organizations achieve compliance rigor. “In today’s ever-changing regulatory environment, it is incredibly valuable to understand what’s happening with state-level regulators as well as state and national industry associations to stay ahead of impactful law changes,” said Tara Trantham, Founder and CEO of TJ44 Consulting LLC. “I’m thrilled to bring my experiences from working on Capitol Hill to Provana so we can help agencies and fintechs alike establish an effective compliance solution.” Sean Clark, SVP of Platforms at Provana, added, “Tara’s deep, hands-on experience of working intimately with regulators in Washington, D.C. is invaluable for organizations of all types who are grappling with the regulatory changes coming from the CFPB. We’re excited to incorporate Tara’s knowledge into our tech platforms to help more clients automate and uphold top-notch compliance programs.” About Provana Provana’s SaaS-based digital operating platform is the first of its kind, giving leaders control over process-intensive operations. We serve law firms, insurance companies, accounts receivable agencies and networked enterprises in the US market that are tightly regulated by the CFPB and other authorities. Built on decades of experience in machine learning, natural language processing and business process management, Provana helps customers manage sensitive interactions, analyze unstructured data, process personal information, and ensure compliance. Provana is backed by a NYC-based Fintech PE, most recently raising funds in November 2020. Learn more at www.provana.com. About TJ44 Consulting, LLC Built on decades of litigation experience with the CFPB, SEC, DOJ, OCC and FBI, TJ44 Consulting LLC – Compliance and More on Demand has established itself as the foremost authority on compliance, risk management and creditors’ rights. With over 50 combined years of experience in financial services, consumer credit and collection, auto and mortgage landing, TJ44 offers complete back-office solutions, risk identification and management services, bankruptcy services, and more. Contact Details Britney Schaeffer +1 469-774-2409 britney.schaeffer@provana.com Company Website https://www.provana.com

May 02, 2022 07:05 AM Pacific Daylight Time

Peninsula Fiber Network Announces Opening of New Office in Capitol City

Peninsula Fiber Network, LLC

Peninsula Fiber Network, LLC (PFN), a leading provider of fiber optic-based telecommunications and Next Generation 911 (NG911) services recently opened a new office in Lansing, MI to accommodate their growing operations. This new regional office is in the Capitol Hall Building, 115 W. Allegan, Suite 520, Lansing, MI 48933 “Downtown Lansing is an excellent location for our new regional office. It is perfectly situated near the State Capitol and Michigan’s policymakers for PFN to actively engage in legislative and regulatory activities,” said Jennifer Greenburg, Vice President of Government Affairs for PFN. Scott Randall, General Manager of Peninsula Fiber Network, stated, “PFN is proud to be a Michigan-owned company and we will keep our headquarters in Marquette. Yet, as a growing company, our employees traverse Michigan daily. Opening a regional office downstate provides a central location for our employees and customers to connect.” Peninsula Fiber Network Peninsula Fiber Network is proud to partner with eighty-two counties across the state of Michigan and Wisconsin to provide NG911 service. PFN’s IP network is redundant, resilient and provides state of the art services for callers needing emergency assistance on the 911 system. Additionally, PFN provides network services for hospitals, universities, schools, manufacturing operations, small businesses and other telecommunication carriers throughout Michigan and Wisconsin. The company headquarters are at 1901 W. Ridge Street, Marquette, MI 49855 Contact Details Peninsula Fiber Network, LLC (PFN) Scott Randall, General Manager +1 906-232-1012 srandall@pfnllc.net Company Website https://www.pfnllc.net/

May 02, 2022 09:00 AM Eastern Daylight Time

Foresight CEO Letter to Shareholders

Foresight Autonomous Holdings Ltd.

Dear Shareholders, This past March, U.S. Secretary of Transportation Pete Buttigieg announced that the federal government would oversee “meaningful” development of regulations for autonomous and semi-autonomous vehicles over the next few years. I believe that this announcement reflects the significant technological and economic progress seen in the autonomous vehicle industry, as the business community and society alike recognize that these technologies will underpin the future of mobility. It is now a matter of when, not if, autonomous and semi-autonomous vehicles become the dominant form of transportation in developed countries throughout the world. Foresight’s smart 3D multi-spectral stereo vision software solutions and Eye-Net Mobile’s cellular-based applications will play a vital role in the future of autonomous and semi-autonomous transportation — not only for automobiles, but also for trains and unmanned aerial vehicles. To become widely accepted by society, autonomous technology must demonstrate comprehensive and reliable safety for each vehicle’s operator, passengers, and those around it. Foresight’s in-line-of-sight 3D stereo vision systems and Eye-Net’s beyond-line-of-sight accident prevention systems facilitate safe operation for autonomous and semi-autonomous vehicles, promising a future in which accidents are a near-impossibility. While the U.S. Department of Transportation turns its attention to autonomous vehicles, many of the world’s leading industries and corporations continue their evaluations of this complex technology. Foresight’s sales cycle, which is oriented around extensive proof-of-concept (POC) projects for leading automotive original equipment manufacturers (OEMs), demonstrates that autonomous vehicle design and manufacture require thorough study and careful deliberation. QuadSight ®, our four-camera-based 3D stereo vision system, continues to meet the demanding requirements of our potential customers, and we remain confident that POC projects will soon lead to commercial agreements. In the coming years, the transportation industry, along with other key verticals such as agriculture and defense, will begin mass production of autonomous and semi-autonomous vehicles. We believe that our QuadSight vision system will be a compelling option for these OEMs as they make final decisions on components for their first mass-market offerings. Foresight’s 3D multi-spectral vision solutions offer both superior performance and flexibility when compared with competing solutions, particularly as our visible-light and thermal infrared cameras can be mounted anywhere on a vehicle. DynamiCal™, our innovative automatic calibration solution, radically simplifies the process of integrating our stereo technology into new vehicle designs. Our customers recognize that our thermal infrared stereo cameras, provided by FLIR Systems (acquired by Teledyne Technologies [NYSE: TDY]), deliver seamless performance regardless of harsh weather and lighting conditions. We believe that this technology will prove to be essential for successful mass-produced autonomous and semi-autonomous vehicles. Since my last letter to shareholders, in September 2021, Foresight has recorded several important milestones that demonstrate our progress and potential. Most notably, we completed a two-week series of technological demonstrations in the United States in October 2021, generating significant interest among 19 leading American and global vehicle manufacturers, Tier One suppliers and autonomous systems developers. We expanded our presence in the key market of China by establishing a subsidiary, Foresight Changzhou Automotive Ltd., and we announced a promising collaboration with a leading Japanese Tier One supplier of automotive stereo vision systems. Most recently, we announced an upcoming project with the Israel Defense Forces, via a leading Israeli defense integrator, for which we will develop a customized 3D perception solution to replace the use of LiDAR (light detection and ranging) in key defense-focused solutions. We believe that the combination of Foresight’s technological advantages and the significant market potential for autonomous vehicles represents a tremendous economic opportunity for our stakeholders and investors. As we turn the corner from POC projects to commercial agreements, we expect to deliver significant sustainable value to our shareholders. We believe that Foresight is strongly positioned to become a technology pillar in the autonomous and semi-autonomous vehicle market. I am grateful for your support of our company. We look forward to announcing new developments in the near future. Sincerely, Haim Siboni CEO & Chairman, Foresight Autonomous Holdings Forward-Looking Statements This letter to shareholders contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” "estimates" and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Foresight is using forward-looking statements in this letter to shareholders when it discusses autonomous and semi-autonomous vehicles will become the dominant form of transportation in developed countries throughout the world, the potential of Foresight’s and Eye-Net Mobile’s solutions in the future of autonomous and semi-autonomous transportation, that the QuadSight vision system will be a compelling option for OEMs, that Foresight’s technology will prove to be essential for successful mass-produced autonomous and semi-autonomous vehicles, that Foresight’s POC projects will soon lead to commercial agreements, the belief that the combination of Foresight’s technological advantages and the significant market potential for autonomous vehicles represents a tremendous economic opportunity for its stakeholders and investors, and that Foresight is strongly positioned to become a technology pillar in the autonomous and semi-autonomous vehicle market. Because such statements deal with future events and are based on Foresight’s current expectations, they are subject to various risks and uncertainties and actual results, performance or achievements of Foresight could differ materially from those described in or implied by the statements in this letter to shareholders. The forward-looking statements contained or implied in this letter to shareholders are subject to other risks and uncertainties, including those discussed under the heading “Risk Factors” in Foresight’s annual report on Form 20-F filed with the Securities and Exchange Commission (“SEC”) on March 31, 2022, and in any subsequent filings with the SEC. Except as otherwise required by law, Foresight undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this letter to shareholders. Contact Details Investor Relations Contact: Miri Segal-Scharia, CEO, MS-IR LLC +1 917-607-8654 msegal@ms-ir.com Company Website https://www.foresightauto.com/

May 02, 2022 08:20 AM Eastern Daylight Time

Comodo Scores 100% in Endpoint and Internet Security Detection Tests by AVLAB Cybersecurity Foundation

Comodo

Comodo Security Solutions, a leading provider of endpoint protection, today announced that its Comodo Advanced Endpoint Security and Comodo Internet Security solutions both scored 100% in the most recent protection and detection tests conducted by the AVLAB Cybersecurity Foundation. In March of 2022, AVLAB completed the 17th edition of its Advanced In The Wild Malware Test. Ten endpoint protection products were continuously evaluated, using thousands of unique malware samples to challenge the solutions against real-world threats. Products needed to demonstrate their capabilities using all components and protection layers. Both Comodo’s Advanced Endpoint Security and Internet Security solutions received top honors with a recognition of ‘Excellent’. The products blocked all 2,050 possible threats and provided protection against all 0-day samples. Comodo’s Advanced Endpoint Protection (AEP) is the only solution that prevents 100% of ransomware and other malware, utilizing a patented virtual isolation capability that confines unknown files and code in a protective container until it is determined to be 100% safe. “Once again, Comodo has proven the effectiveness of our solution during this latest evaluation,” said Faith Orhan, EVP of Engineering at Comodo. “As the results of this test illustrate, Comodo is still the only endpoint security solution on the market that applies the Zero Trust principle of ‘Never Trust; Always Verify.” For more information, visit www.comodo.com. About Comodo Headquartered in Bloomfield, NJ, Comodo’s mission is to help customers avoid breaches with groundbreaking isolation technology that fully neutralizes ransomware, zero-day malware, and cyber-attacks that other security providers can’t do. We deliver active breach prevention with patented auto containment technology. Our Unified Endpoint integrates this technology with critical components like our highly rated advanced endpoint protection, endpoint detection and response, and endpoint management to offer a single cloud-accessible Active Breach Protection solution. Comodo’s SOC-as-a-Service team makes the solution a frictionless, high-security implementation. For more information, visit https://www.comodo.com/. Contact Details Comodo Ashley Pontius +1 813-409-4091 ashley@ashleypontiuspr.com Company Website http://www.comodo.com

May 02, 2022 08:00 AM Eastern Daylight Time

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