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Kolleno raises £4M seed to help businesses solve their cash flow struggles

Kolleno

Kolleno, a London-based fintech start-up specializing in Accounts Receivable (AR) management for SMEs, has attracted £4M ($5.4M) in seed funding led by Eurazeo and Stride.VC, with participation from Euler Hermes, HubSpot and several angel investors including Michael Pennington, Mark Ransford, and Will Neale. Founded in 2020 by Dimitri Raziev, CEO (ex-Goldman Sachs, Fasanara Capital) and Ron Danenberg, CTO (ex-Expedia Group, Vatglobal), Kolleno simplify B2B credit control and collections for SMEs by automating the management of receivables on one single platform. The idea to form Kolleno was born from their experience observing the impact that manual processes and poor cash flow management were having on SMEs. In less than 18 months of operation, the start-up has already acquired customers across several markets in Europe, the UK, the US, Canada, and South Africa. The platform does cash reconciliation, prioritises the workflow and provides tailored collection strategies by advising the most effective communication channels using AI and machine-learning technology. The customers are approached via omnichannel, in-app communication methods (including email, SMS, and call.) Moreover, the platform has a Payment Portal, which is accessible straight from the email or text received by the customer. The user-friendly dashboard provides data insights and credit analysis helping to mitigate risks and reduce the number of bad debts. As a result businesses get paid faster and reduce manual work and processes by 100%. Kolleno has already p rocessed over 170,000 invoices across the USA, Canada, South Africa, UK, and Europe since it launched. “Previously, businesses had to hire credit control specialists or give extra tasks to existing members of their team to manually monitor the payment dynamics of customers. An employee had to identify late payers, then prioritize, contact and follow up with individual clients to ensure late payments were received. This was not only time-consuming but also stressful for business owners and often prone to errors,” remarks Kolleno CEO and co-founder Dimitri Raziev. “Kolleno has been designed to alleviate these challenges by automating manual legacy processes to eliminate errors, ensure that businesses get paid faster and improve cash flows for our clients, some of whom have reported greater than 90% recovery using our platform.” In addition to automating and streamlining processes, Kolleno’s software offers added convenience by partnering and offering an Open API integration with leading ERP and software solutions, including Xero, QuickBooks, and Clio to better meet the needs of its clients. The software is also equipped with machine-learning technology capable of automating and optimizing the timing, method and delivery of client communications, and offers a variety of efficiency-improving features, such as an actions board and payments portal to simplify follow-up and receipt of payments. “The technology has reached a level where it is able to remove repetitive tasks from employees and perform them faster and more accurately, freeing up time for staff to focus on higher value-added activities and speeding up the sales-to-cash timeframe. We are excited to build something that saves time and money for businesses” says Ron Danenberg, CTO and co-founder of Kolleno. “The B2B payments market is far bigger than the B2C. However, the level of digitalization in the B2B sector is lagging behind. That is why we are excited to invest in Kolleno - I firmly believe that the biggest opportunities in the B2B payments sector are yet to come”, says Chloé Giard, investment director at Eurazeo, the lead investor in the round. "Kolleno has demonstrated a relentless focus on helping business owners manage their cash and receivables simply and swiftly using software, in stark contrast to the current status quo: working with clunky and expensive agencies who are misaligned with their clients", explains Pietro Invernizzi on the decision of Stride.VC to back Kolleno. As the company continues to build towards the future, initial seed funding will be used to scale up Kolleno’s capabilities and offerings. To assist with these efforts, the company has recruited Djibrane Larrabure (ex-Deloitte consulting) as Chief of Staff and onboarded a team of nearly ten professionals to expand its product, marketing, sales and partnership offerings across regions. “This achievement is the result of the team’s tireless efforts to build a leading platform to help businesses thrive. As a team, we look forward to continuing to support the long-term success of our clients and are grateful for the faith that our investors have put in us to deliver on this promise. Stay tuned – because we are excited for what is to come!” say the company’s founders. Contact Details Kolleno Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.kolleno.com/

March 09, 2022 09:30 AM Eastern Standard Time

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Dalmore Group and North Capital Talk Secondary Market Opportunities

Dalmore Group

As one of the leading Broker Dealers in the crowdfunding space, Dalmore Group is uniquely positioned to facilitate and support issuers who seek to leverage secondary markets. Having seen what is working well in the industry, Dalmore regularly provides the benefit of that knowledge to its clients, including the provision of access to secondary trading solutions through Alternative Trading Systems (ATS), such as PPEX ATS, operated by North Capital. According to Etan Butler, Chairman of Dalmore Group, “We are seeing an increase in Regulation A+ issues seeking to incorporate secondary market trading functionality as part of their model. Up until now, we have seen a lot of secondary trading activity in connection with our fractional share ‘series issuers’ in the collectible, art, NFT, and real estate space. But now we expect the trend to expand to other areas as issuers look to provide a path to liquidity to their investors while leveraging the benefits of secondary trading activity under Regulation A+.” Butler credits The Jumpstart Our Business Startups (JOBS) Act, signed in 2012, for these opportunities because it loosened regulations to encourage the funding of small businesses and democratized investing in private companies for almost anyone over the age of 18. Through Regulation A+ and CF, investing in high potential companies at the earliest stage is no longer limited to accredited investors, funds, or high net worth individuals. The opening of these funding opportunities to early-stage companies gives them access to capital from the crowd in their primary issuance. “We see more and more companies inquiring about secondary market opportunities at the earliest stages of their capital formation. In fact, companies working with Dalmore Groups' secondary markets have completed 54,000+ trades from July 2021 to January 2022. The challenge is to have the right guidance and support of a Broker Dealer such as the Dalmore Group from day one, as decisions in how offerings are structured and brought to market in primary issuance can impact future secondary market opportunities,” explains Butler. In analyzing what is fueling growth within the secondary market, Butler says that “a built-in secondary marketplace, accessible via the issuer’s own website and app, is a natural progression for funding availability. The involvement of an ATS in the process gives investors an immediate path to liquidity and takes away an investor’s need to rely on a future liquidity event to exit their investments and potentially realize gains.” James P. Dowd, CEO of North Capital, agrees. “Prior to the passage of the JOBS Act, exempt securities transactions were called private placements and they were just that: private transactions organized as one-off, bespoke agreements between an issuer and investors or between a buyer and a seller. The ability to conduct public, exempt offerings has changed the landscape. Now issuers can solicit accredited and non-accredited investors using traditional advertising and digital marketing techniques. As a result, the overall direct market for exempt securities has grown exponentially. It is only natural that this growth would lead to a demand for liquidity via the secondary market.” Looking ahead to where the secondary market is going, Butler feels that “as more and more companies see the opportunity and power of raising capital from the crowd, including their own audiences and customer base, more issuers will focus on both Regulation A+ and Regulation CF offerings. We believe that the increased supply from early-stage companies will be met with the increased demand from investors. The growth in crowdfunding activity in primary issuance should also lead to the expansion and growth of secondary market opportunities.” By expanding access to capital for issuers, companies like Dalmore Group and North Capital enable more small businesses to grow, which leads to more job creation and greater economic activity. “Overall, it is great for the economy and for entrepreneurs who have traditionally lacked access to capital,” says Dowd. “Markets are a wonderful thing if they are free, fair, and transparent. Open markets encourage participation, which is good for both business and investors. I know that not everyone agrees with this view, which I have advocated for two decades, but we are betting that we are correct, and the naysayers are wrong.” Butler agrees. “Providing liquidity to investors in early and mid-stage companies is very exciting. In the past, only later stage companies provided a credible path to liquidity to their investors. Now, even the smaller guys can compete – and that’s a very good thing.” ABOUT DALMORE Dalmore Group specializes in helping companies raise capital online at scale through Regulations A+, CF and D, and has onboarded over 200 Regulation A+ issuers since 2019. Learn more about how Dalmore Group is leading the way for primary issuance and secondary market trading of private securities at www.dalmorefg.com and keep up to date on the latest company news and information directly via Dalmore Group’s LinkedIn page ABOUT NORTH CAPITAL North Capital Investment Technology provides comprehensive digital platform technology, brokerage, and advisory solutions for private and other exempt securities, supporting issuers, broker-dealers, funding platforms, and investment advisors. Through its registered broker-dealer North Capital Private Securities Corp., the firm offers technology-enabled escrow, streamlined investor vetting and compliance management (KYC/AML, suitability and accredited investor verification), transaction processing, online payments, clearing, custody, and secondary trading through the PPEX ATS. For more information, visit www.northcapital.com. Contact Details North 6th Agency Trisha Larocchia +1 516-225-5932 tlarocchia@n6a.com Company Website https://dalmorefg.com/

March 09, 2022 09:16 AM Eastern Standard Time

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MyYogaTeacher Launches Official 200-Hour Yoga Teacher Training Program Online

MyYogaTeacher

MyYogaTeacher announces the launch of a 200-hour Yoga Teacher Training (YTT) program, which will be offered three times each year, and features live instruction by a group of highly-skilled, certified, India-based and -trained instructors. Unlike the self-paced, pre-recorded, video-based packages sold online, which offer digital materials, videos, and only a handful of live sessions led by an instructor, MyYogaTeacher’s courses are 100% live, taking place daily over a period of 95+ days. MyYogaTeacher was named one of “The 6 Best Online Yoga Classes of 2022” by Byrdie. “Our students have a wide range of reasons for pursuing teacher training,” says Jitendra Gupta, the Indian-born CEO of MyYogaTeacher, who co-founded the company with Mexican-American entrepreneur Will Allen, after pursuing yoga to improve his personal physical and mental well-being. “Some definitely have a desire to teach yoga, but others simply want to improve their practice and challenge themselves a bit further by expanding their yogic knowledge and taking their physical practice to the next level.” The program is open to students of all levels. The Yoga Alliance-certified teacher training program features 6 highly-qualified MyYogaTeacher instructors, and is led by Rohan Shroff, who earned a Masters in Science in Yoga from SVYASA University in Bangalore and has over 1300 hours of yoga teacher training from well-known and respected institutions in India. Rohan has graduated over 500 students from online and in-person teacher training programs, including over 100 MyYogaTeacher students, and he also teaches Pranayama, Meditation, Ashtanga Vinyasa, Yoga Sutras, and Methodology, at MyYogaTeacher. Besides live instruction on a variety of topics–yoga history, theory, anatomy and physiology–in addition to asana practice, pranayama, chanting, meditation, yoga sutras, and more, the program includes a 150-page e-book, recordings of the classes so students can return to each session and review, plus a community setting that keeps students engaged, motivated and energize. They can also live chat with instructors (Bodhi Abishek Singh, Gomati Woli, Stuti Asher, Umesh Balavaradaraju, Bharath Ram) and fellow students. “What’s great is that your investment in teacher training is nowhere close to the cost you will incur by traveling to India during our post-Covid era,” says Gupta. “And we offer students a 14-day free trial so if they are not happy with the coursework, they can cancel.” The first round of this YTT program runs from March 5 to May 28, and the program will be offered 3 times each year. The next round will take place in the summer of 2022. Learn more about the program and featured instructors here. About MyYogaTeacher MyYogaTeacher is reconnecting yoga to its roots and sharing it through live lessons taught by the world’s foremost teachers who studied yoga at India’s most elite universities and schools. With over 100,000 registered U.S. students, it offers over 40 group classes daily, and provides private sessions, along with over one million minutes of live interactions each month. The Cupertino, California-based company was co-founded in 2018 by Jitendra Gupta and Will Allen. Gupta is the successful former co-founder of Punchh, who turned his struggle with burnout into a platform to help others. Allen is a former mechanical engineer who left the lucrative aerospace industry to travel the world, and pursue yoga and meditation over the past decade. MyYogaTeacher recently received $3 million in seed round funding, led by TSVC, with participation from Leonis Investissement, Weekend Fund, All Access Fund, and Bertelsmann Digital Media Investments. For more information, visit MyYogaTeacher.com. Contact Details Carolyn Kamii PR Carolyn Kamii +1 310-251-0550 carolyn@carolynkamii.com Company Website https://www.myyogateacher.com/

March 09, 2022 04:30 AM Pacific Standard Time

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CORRECTING and REPLACING American Solar Urges UN’s Sustainable Development-NY Committee to “Accelerate the Pace” of Solar Energy Adoption to Support SDGs

American Solar

Second paragraph, second sentence of release dated March 8, 2022, has been amended: American Solar Founder and CEO Meir Yaniv recently gave a presentation on how the company’s Modular Digital Enterprise™ (MDE™) framework can accelerate the pace of solar energy installations during an official session of the NGO Committee on Sustainable Development-NY ( NGOCSD-NY ) via a webinar titled, “UN76 Dialogue: Inclusion & Diversity Impact Change.” NGOCSD-NY’s official motto is “Turn Your Passions into Actions for Change.” The NGOCSD-NY has Special Consultative Status with the United Nations (UN) Department of Economic & Social Affairs and has Official Association with the UN Department of Global Communications. American Solar CEO Meir Yaniv commented: “Addressing climate challenge is at the heart of the UN's 17 Sustainable Development Goals, as well as the driving factor behind the United States’ net-zero emission targets. Accelerating the pace at which green energy can be deployed in homes throughout the globe is a key component of those goals and one that the MDE framework from American Solar is proving to achieve. For the last four consecutive quarters, American Solar has grown by more than 150 percent per quarter." American Solar is exponentially expediting the growth of the solar market and accelerating the pace of solar energy installations with its proprietary MDE framework. The framework is a robust, scalable and fully remote technology platform that reduces the overhead costs of marketing and operations, enabling American Solar to effectively lower the costs for homeowners who want to jump on the solar bandwagon. In addition, the MDE framework has allowed American Solar to streamline the process of going green, making solar power accessible to more homeowners than ever before. About American Solar American Solar is committed to achieving one goal – covering America with solar to achieve net-zero emissions targets at an accelerated pace. The company’s Modular Digital Enterprise™ (MDE™) framework employs innovative management tools and advanced data-based technology to expedite and simplify the way homeowners purchase solar panels. American Solar’s mission is to heal the planet while helping Americans become energy independent, free of utility monopolies, and accumulate a substantial and exponential amount of savings, year after year. The quickly growing company is positioned in the top 20 solar companies in the U.S. and is headquartered in Los Angeles, California. Please visit https://www.americansolar.com for more information. Contact Details Rainier Communication for American Solar Jenna Beaucage +1 508-340-6851 jbeaucage@rainierco.com Company Website https://www.americansolar.com

March 08, 2022 05:02 PM Eastern Standard Time

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GET Group North America Launches GET Mobile Verify for iOS and Android Devices

GET Group North America

GET Group North America, an innovative developer of mobile ID technology with over 20 years of experience in secure government credentials, today announced the launch of GET Mobile Verify in the App Store and Google Play Store. GET Mobile Verify allows businesses to accept mobile driver’s licenses (mDLs) and mobile IDs issued anywhere in the world as legal forms of age or identity verification. Using the app, merchants can contactlessly authenticate ID information to approve a purchase without relying on visual inspection. The ability to do this is becoming increasingly important as more and more states roll out plans to make mobile IDs and driver’s licenses available to citizens. GET Mobile Verify is fully compliant with the international standard (ISO 18013-5) for mobile driver licenses and was developed using best practices of security and privacy. A tap or scan of an mDL by GET Mobile Verify cryptographically proves that the ID information is real and unaltered, without the customer’s phone ever leaving their hand. Minimizing the data exchanged during transactions to only what’s relevant (such as name or age) enhances privacy and control for customers. GET Mobile Verify helps to protect the health of employees and customers by eliminating the spread of germs related to physically passing an ID. See our video to learn more. “GET Mobile Verify will allow business owners to reduce their fraud risk and increase their confidence in the validity of a patron’s identity,” said Alex Kambanis, Managing Director, GET Group North America. “It’s an incredibly trustworthy method of identity verification that can be used in a multitude of ways. From check-out at the liquor store to personalizing a diner’s experience at a restaurant with mobile check-in before they are even seated, retailers can offer a healthier and more efficient experience for both their customers and their staff.” Verifiers everywhere now have the opportunity to become part of the growing mobile ID ecosystem. In states that have mobile ID, businesses equipped with GET Mobile Verify no longer need to physically inspect an ID to attempt to authenticate it, and they never need to touch a customer’s mobile phone to check their mDL. It’s an exciting way to potentially reduce identity fraud, while enabling greater convenience for citizens and merchants alike. GET Group NA is currently offering GET Mobile Verify at no charge to verifying parties everywhere for a limited time, concurrent with their mDL pilot in Utah. GET Mobile Verify can read all mobile IDs and mobile driver’s licenses that comply with the ISO 18013-5 standard recommended by the American Association of Motor Vehicle Administrators. Users are asked to provide feedback to improve the system directly to the GET Mobile team. Contact GET Group North America with product questions or for more information. Download the app today from the App Store and Google Play Store. About GET Group North America GET Group North America and its partners develop, manufacture, and implement end-to-end solutions for secure physical and mobile credentials that enable government agencies, motor vehicle departments, municipalities law enforcement organizations, and other entities to leverage the latest in secure identity management technologies. From photo ID cards, driver’s licenses and passports, to mDLs and mIDs, GET Group NA delivers advanced issuance, verification and personalization capabilities that prevent identification fraud, accommodate diversified customer needs, and support the future of ID use cases. Contact Details Jordan Bouclin +1 401-490-9700 jordan.bouclin@svmpr.com Company Website https://getgroupna.com/

March 08, 2022 10:00 AM Eastern Standard Time

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NEW XFINITY REWARDS PROGRAM UNLOCKS A WORLD OF UNFORGETTABLE EXPERIENCES, EARLY ACCESS TO THE LATEST TECHNOLOGIES, AND SPECIAL PERKS AND DISCOUNTS FOR XFINITY CUSTOMERS

Comcast Houston

Comcast today announced the launch of Xfinity Rewards, a rewards program for all customers across the country. Xfinity Rewards was built around a simple idea: to give back to customers, just for being a customer, through unique and unforgettable experiences that only Comcast NBCUniversal can deliver. The multi-faceted program spans media and entertainment, sports, music, and technology. Members enjoy special perks like $1 Movie Rentals, access to free content, discounts at Universal Parks & Resorts, early access to the latest Comcast technologies, products, features like the new xFi Advanced Gateway with Supersonic WiFi, and Xfinity Mobile benefits and savings. Customers can also redeem rewards for unforgettable experiences like exclusive live stream events, have a chance for a meet and greet with Olympic gold-medalist Nathan Chen, a trip to the Latin American Music Awards in Las Vegas, or tickets to be part of the live audience at Late Night with Jimmy Fallon in New York, just to name a few. “The entire Xfinity Rewards experience has been shaped and inspired by our customers. They told us they wanted meaningful rewards rooted in unforgettable experiences, so we’ve brought together the best of Comcast NBCUniversal to deliver just that,” said Jason Wicht, Senior Vice President of Growth Operations. “Xfinity Rewards truly speaks to our mission to connect people to more of what they love, with the most innovative technology available anywhere, while giving back and saying thanks - just for being a customer.” How Xfinity Rewards Works Joining Xfinity Rewards is free for customers. Signing up only takes a minute through the Xfinity App or online at xfinity.com/rewards. Upon enrolling, members are placed in Silver, Gold, Platinum or Diamond tier based on how long they’ve been a customer, with access and the types of rewards based on tenure with Comcast. Rewards are available immediately upon signing up for the program so members can start exploring and enjoying them right away with new opportunities added frequently throughout the year. Launching Xfinity Rewards with Supersonic WiFi Xfinity Rewards is all about unlocking unforgettable experiences – and what better place to start than right at home. Beginning March 4, at 12:00 p.m. EST, Xfinity Rewards Diamond members who subscribe to Gigabit Internet will receive early access to Comcast’s most innovative and powerful device to date delivering reliable, supersonic WiFi. The next generation Gateway, only from Xfinity, is capable of multi-Gig speeds and can power a house full of hundreds of connected devices all at once. It won’t be available to the public until April 2022, but eligible Xfinity Rewards members can redeem this reward beginning March 4 through the Xfinity App or online at Xfinity.com/rewards while supplies last. Save Hundreds on Xfinity Mobile, Rated #1 in Customer Satisfaction Customers who sign up for Xfinity Rewards can access even more product discounts and perks as part of the program, including up to $150 towards a new Xfinity Mobile device and up to $100 towards new or existing service for Xfinity Mobile customers. Xfinity Mobile, rated number one in customer satisfaction by ASCI two years in a row, combines the best nationwide cellular 5G with more than 20 million WiFi hotspots to deliver fast speeds and a more flexible way to pay for cellular data. Customers can mix and match between Unlimited or By-the-Gig shared data and can switch back and forth on any line at any time. Xfinity Mobile offers Unlimited data for $30 a line per month when you get 4 lines with Xfinity Mobile. Discounts to Universal Parks & Resorts and Other Comcast NBCUniversal Brands Xfinity Rewards members can experience the action, thrills, and excitement of Universal Orlando’s three amazing theme parks, Universal Studios Florida, Universal Island of Adventure, and Universal’s Volcano Bay water theme park, at specially discounted prices. Enjoy a Universal Orlando Resort 3-day ticket for the price of a regular 2-day admission ticket or save on a 2 Park 1-Day VIP experience for a personally guided tour of Universal Studios Florida and Universal’s Islands of Adventure. There’s also a sweepstakes for a 3-night trip for four people to Universal Orlando including roundtrip airfare, accommodations at Universal’s Cabana Bay Beach Resort, and admission to all three theme parks. In addition, Xfinity Rewards members get instant access to exclusive discounts across many popular Comcast NBCUniversal brands – including 20% off merchandise at NBC and Bravo stores, discounts on subscriptions to premium services like GolfPass, NBC Sports Edge, and CNBC Pro, and early access to TODAY’s Steals and Deals with Jill Martin. Unforgettable Sports, Music, and Entertainment Experiences Members also have access to experiences and events made possible through Xfinity’s wide array of sports, music, and entertainment partnerships – like a VIP experience to watch all the drama unfold live at NASCAR, tickets to NFL, NBA, NHL, and MLB games, exclusive virtual cooking demonstrations with award-winning celebrity chefs like Bren Herrera, host of Cleo TV’s Culture Kitchen, and Chef G. Garvin of Aspire TV's G. Garvin Live!, virtual meet and greets with Bravolebrities, tickets to top music events like the Latin American Music Awards in Las Vegas in April, and even a super VIP experience like the chance to meet Olympic gold medalist, Nathan Chen. Simple Delights like $1 Movies and Access to Free Content While there are tons of great experiences, discounts, and perks for being a member of Xfinity Rewards, sometimes the best moments are the simple everyday opportunities to connect with loved ones. In addition to offering tons of great movies for just $1, Xfinity Rewards members can also redeem rewards for movies like The Mighty Ducks, The Minions Movie, In the Heights, and It’s a Wonderful Life for free. And there are tons of games and activity kits featuring hit characters from Boss Baby, The Minions Movie, Sing 2, and more to keep the whole family entertained for hours. There’s truly something for everyone with Xfinity Rewards. For more information about Xfinity Rewards, download the Xfinity App or visit xfinity.com/rewards. About Comcast: Corporation Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company that connects people to moments that matter. We are principally focused on broadband, aggregation, and streaming with 57 million customer relationships across the United States and Europe. We deliver broadband, wireless, and video through our Xfinity, Comcast Business, and Sky brands; create, distribute, and stream leading entertainment, sports, and news through Universal Filmed Entertainment Group, Universal Studio Group, Sky Studios, the NBC and Telemundo broadcast networks, multiple cable networks, Peacock, NBCUniversal News Group, NBC Sports, Sky News, and Sky Sports; and provide memorable experiences at Universal Parks and Resorts in the United States and Asia. Visit www.comcastcorporation.com for more information. Contact Details Comcast Houston Foti Kallergis +1 832-986-0196 Michael_Bybee@cable.comcast.com Company Website https://houston.comcast.com/

March 08, 2022 08:13 AM Central Standard Time

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Velocity Global Impact Award to Celebrate Inspirational LPGA, LET Players

Velocity Global

The LPGA and LET announced today that Velocity Global, the Official Global Work Platform of both Tours, will sponsor the Velocity Global Impact Award. This honor will celebrate players who have helped to grow the sport of golf and to inspire the next generation of athletes to have a positive impact on the world. Throughout each season, the LPGA and LET will celebrate players and their efforts in giving back to the world and their local communities off the golf course. Toward the end of each season, the LPGA will produce a list of nominees, and the Velocity Global Impact Award Committee will name three players as finalists for the Velocity Global Impact Award. Each finalist will be featured in a docuseries-style content piece sharing their personal story and impact on the game. The winner will be determined through a combination of a fan vote and voting by the committee. The winner will be announced annually on International Women’s Day, March 8. “The Velocity Global Impact Award provides a new avenue to not only recognize the overwhelming contributions made by female golfers in advancing the game but also offers us the opportunity to celebrate the significant positive impacts they make in their communities at home and around the world,” said Sarah Fern, Chief People Officer at Velocity Global. “We are thrilled to partner with LPGA and LET to highlight the many amazing women in professional golf who truly personify greatness in sport.” The award criteria are based on the five values that drive the work of Velocity Global. Nominees will be judged by how well they demonstrate: Velocity – Swiftly assisting in the growth of the game at the youth or amateur level Integrity – Personifying honesty and transparency, serving as a role model to others Be Bold – Willing to forge new paths to create a better future Empowerment – Empowering others through words and actions to have an impact in their own communities Service – Contributing to their communities through their actions “The LPGA Tour and LET feature the world’s best female golfers from more than 60 countries. Through their unique platform and talent, players have the opportunity to impact and inspire people in various communities around the globe,” said LPGA Commissioner Mollie Marcoux Samaan. “We are grateful to Velocity Global for recognizing the impact our players have and for creating this award to highlight and celebrate their commitment to giving back. We are very fortunate to have so many players who value service and to have partners who share our vision to change the world through golf.” The Velocity Global Impact Award Committee comprises seven women of diverse backgrounds, all of whom are dedicated to advancing opportunities for women both professionally and athletically: Sarah Fern, Chief People Officer at Velocity Global Erin Hamrick, Partner at Sterling James and board member of the LPGA Foundation Nancy Lopez, 48-time LPGA Tour winner and member of the World Golf Hall of Fame Nzinga Shaw, President of TurnkeyZRG Lisa Stevens, Chief People Officer and Head of Global Human Capital Solutions at Aon Reiko Takekawa, journalist for Kyodo News Ali Whitaker, broadcaster for the LPGA Tour, LET and DP World Tour LPGA Tour and LET Members are eligible to receive the Velocity Global Impact Award. The winner will receive $100,000 as well as a $100,000 donation to her charity/cause of choice. The other two finalists will each receive $25,000. In January, Velocity Global became the Official Global Work Platform of the LPGA and Ladies European Tour (LET) in a multi-year agreement. Velocity Global will work with the LPGA Tour and LET to highlight the global impact of their players, representing more than 60 countries, through enhanced storytelling opportunities and player recognition. As an Official Partner of the LPGA’s Women’s Network, Velocity Global will utilize the LPGA platform to highlight these initiatives focused on women’s leadership, diversity, equity, and inclusion through additional programming. Velocity Global furthered its support of the women’s game with the announcement that LPGA Tour players Lexi Thompson and Albane Valenzuela joined six-time PGA TOUR champion Billy Horschel and four-time APGA Tour champion Kevin Hall as its global golf brand ambassadors. About Velocity Global Velocity Global accelerates the future of work for anyone, anywhere, anyhow. Its Global Work Platform ™ simplifies the employer and talent experience through its proprietary cloud-based talent management technology, backed by personalized expertise and unmatched global scale. With talent solutions in more than 185 countries and all 50 United States, the platform combines global Employer of Record and Contractor Management to onboard, manage, and pay talent worldwide. More than 1,000 brands rely on Velocity Global to build global teams without the cost or complexity of setting up foreign legal entities or state registrations. Velocity Global was named a “Leader” in Global Employer of Record services by prominent analyst firm NelsonHall. Founded in 2014, the company has hundreds of employees across six continents. For more information visit velocityglobal.com. About the LPGA The LPGA is the world’s leading professional golf organization for women, with a goal to change the face of golf by making the sport more accessible and inclusive. Created in 1950 by 13 Founders, the Association celebrates a diverse and storied history. The LPGA Tour competes across the globe, reaching television audiences in more than 220 countries. The Epson Tour, the LPGA’s official qualifying tour, consistently produces a pipeline of talent ready for the world stage. The LPGA also holds a joint-venture collaboration with the Ladies European Tour (LET), increasing playing opportunities for female golfers in Europe. Across the three Tours, the LPGA represents players in more than 60 countries. Additionally, the LPGA Foundation has empowered and supported girls and women since 1991, most notably through LPGA*USGA Girls Golf, the only national program of its kind, which annually engages with nearly 100,000 girls. The LPGA Amateur Golf Association and LPGA Women’s Network provide virtual and in-person connections to female golfers around the world, while LPGA Professionals are educators, business leaders and gamechangers dedicated to growing the game of golf for everyone. Follow the LPGA on its U.S. television home, Golf Channel, online at www.LPGA.com and on its mobile apps. Join the social conversation on Facebook, Twitter, Instagram and YouTube. About the LET The LET inspires women and girls to pursue their passion and realise their potential through the game of golf. At our core, we aim to build and deliver an extensive competitive schedule of events to enable our strong, energetic, proud, and confident players to compete at the highest level, pursue their dreams and lead by example. Our diverse and multicultural membership of 316 professional golfers represents as many as 36 countries. We are a global tour with roots in Europe. We aim to entertain and excite, but also to enhance health and quality of life, as a responsible, committed and respectful partner. Inspiring – our players are inspiring role models to follow and encourage others to pursue their own dreams. Passionate – we are driven by a passion to perform to our full potential and get better every day. It’s not just about the money or the glory, but a true love for the game. Committed – we are fiercely committed to continuous improvement and recognise the grit that it takes to achieve long-term goals. 2022 marks the 44th season of golf tournaments since the professional tour was founded in 1978 and the third edition of the Race to Costa Del Sol. This year’s schedule includes 31 events in 21 different countries and a record-breaking prize fund of €24.5 million. The LET Access Series is the official development tour of the LET, formed to give players an opportunity to compete and progress onto the LET and achieve their dreams in professional golf. Ladieseuropeantour.com #RaiseOurGame Contact Details Velocity Global Chris McGrath +1 720-650-4348 news@velocityglobal.com LPGA Christina Lance christina.lance@lpga.com LET Bethan Jones bethan.jones@ladieseuropeantour.com Company Website https://velocityglobal.com/

March 08, 2022 07:00 AM Mountain Standard Time

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Pano AI’s Early Bushfire Detection Technology Gives Southern Cross Forests More Tools to Prevent Bushfires in New South Wales

Pano AI

Pano AI, the leader in early bushfire detection and intelligence, announced a pilot program that brings its AI-powered solution to detect and pinpoint bushfires in their early stages to Southern Cross Forests’ softwood forests in New South Wales, two years after the record-breaking “Black Summer” bushfires burned more than 5.5 million hectares in NSW alone. Southern Cross Forests (SCF) will deploy Pano Rapid Detect, Pano’s integrated hardware, software, and AI system, to gain greater situational awareness to aid in its response to bushfires. Pano Rapid Detect continuously monitors areas of high fire risk using ultra-high-definition cameras that rotate 360-degrees every minute and provide complete panoramic visibility. By merging this rich camera data with emergency calls and other available data feeds, Pano AI’s artificial intelligence produces a real-time picture of threats and delivers rapid, actionable intelligence to fire services. “Our industry is still recovering from the devastating bushfires of two years ago. We have to find more tools to help us detect fires and fight them as soon as they form,” said Jake Lazarus, General Manager of Southern Cross Forests. “Pano’s all-in-one detection and notification system will help us detect small fires before they become larger threats to regional plantations and communities.” The historic 2019-2020 bushfire season burned more than 11 million hectares across Australia, dumping 434 million tonnes of carbon dioxide into the atmosphere, taking 33 lives, displacing thousands, and devastating native plant and animal species. Those fires, fueled by drought, were the worst on record for New South Wales, where thousands of firefighters worked to contain the spread of fire over a nine-month period. “We can’t rely on outdated technology when climate change creates conditions that make bushfires more frequent and more dangerous,” said Pano Chief Commercial Officer, Arvind Satyam. “We built Pano Rapid Detect for partners like Southern Cross Forests that want to leverage AI and other cutting-edge technologies to stop bushfires from becoming catastrophic events that devastate communities, businesses, forests, and wildlife.” Pano AI, in partnership with local governments and utility companies, has successfully deployed its early fire detection and notification system across high-risk fire zones in four U.S. states. During the 2021 U.S. fire season, Pano Rapid Detect identified, confirmed, and notified customers of more than 100 fires in these states. Pano AI's end-to-end solution sets itself apart in the industry with its low rate of false-positive alerts, enabling fire and rescue services to allocate resources where they are needed most. To learn more about Pano AI’s wildfire detection technology, please visit: https://www.pano.ai About Pano AI Pano AI is the leader in early bushfire detection and intelligence. Pano Rapid Detect, an end-to-end technology solution for early fire detection and notification, leverages ultra-high-definition cameras that rotate 360-degrees and capture a full panorama every minute. By synthesizing rich camera data with satellite and other data feeds, Pano AI’s artificial intelligence produces a real-time picture of threats and delivers immediate, actionable intelligence through an intuitive web platform. As climate change magnifies the threat of brushfires, Pano AI gives fire authorities and first responders advanced tools to make an informed, effective response that safeguards lives, communities, and the environment. Contact Details Pano AI Andrew Prolov - Head of GTM Australia +61 439 573 712 andrew@pano.ai Company Website https://www.pano.ai/

March 08, 2022 09:00 AM Eastern Standard Time

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Industrial Defender Opens European Office in the Netherlands to Meet Increasing Global Demand for OT Cybersecurity

Industrial Defender

Industrial Defender, the leader in OT cybersecurity, today announced its expansion into Europe to meet increasing demands for industrial security in the region. Their new office, located in the Netherlands, will service a variety of critical industries across the entire EMEA region, including utilities, oil & gas, manufacturing, rail, maritime and water companies. “The desire for OT cybersecurity solutions in Europe has grown tremendously over the past few years, and we’re committed to providing a local team on the ground to meet this increasing demand,” said Dario Lobozzo, Managing Director EMEA. “This expansion ensures that our growing customer base in the region has access to the resources they need to run a successful ICS cybersecurity program.” As part of its effort to help European companies reach their highest level of cyber resilience possible during this time of escalating cyberthreats, Industrial Defender is offering critical infrastructure companies in region a complimentary OT cybersecurity strategy review through the end of March. The company is also actively hiring additional cybersecurity professionals in Europe. Interested candidates can explore open positions here: https://www.industrialdefender.com/careers/ To learn more about Industrial Defender’s European presence or to request a complimentary OT cybersecurity strategy review, reach out at https://www.industrialdefender.com/speak-with-an-ot-security-architect/. About Industrial Defender Since 2006, Industrial Defender has been solving the challenge of safely collecting, monitoring, and managing OT asset data at scale, while providing cross-functional teams with a unified view of security. Their specialized solution is tailored to complex industrial control system environments by engineers with decades of hands-on OT experience. Easy integrations into the broader security and enterprise ecosystem empower IT teams with the same visibility, access, and situational awareness that they’re accustomed to on corporate networks. Learn more at www.industrialdefender.com. Contact Details Industrial Defender Erin Anderson +1 617-675-4206 eanderson@industrialdefender.com Company Website https://www.industrialdefender.com

March 08, 2022 09:00 AM Eastern Standard Time

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