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CleverTap Appoints Anand Venkatraman as Chief Operating Officer

CleverTap

CleverTap, the world’s leading retention cloud, announced the appointment of Anand Venkatraman as the Chief Operating Officer. Anand has over two decades of experience in building and scaling global teams and P&Ls across various sales motions. He joins from Freshworks where he led the fast-growing Asia Pacific and Middle East and Africa business. He also played a key role in driving global partnerships to independently grow the business across 40+ countries, scaling the technology marketplace and embedded Freshworks deep into the worldwide startup ecosystem. Prior to that he held leadership positions at Akamai and Microsoft in APJ and India. “I warmly welcome Anand to CleverTap. His appointment underlines our ambitious growth plans to be the gamechanger for user retention. He has a successful track record in taking businesses global, building highly engaged teams, and establishing creative approaches for customer success. Anand will strengthen the CleverTap management team to help scale the company to the next level by bringing in excellence in execution,” said Sidharth Malik, CEO CleverTap Inc. “I am excited to join CleverTap as they emerge as the retention category market leader, in not just India and South-East Asia but also in markets like North America, Latin America, Middle East, Turkey, Africa and Europe. I am looking forward to being a part of CleverTap's journey in taking the Indian SaaS story to the world,” said Anand Venkatraman. About CleverTap CleverTap is the modern, integrated retention cloud that empowers digital consumer brands to increase customer retention and lifetime value. For brands that understand and value user retention, CleverTap drives context and individualization with the help of a unified and deep data layer, AI/ML powered insights and automation. Customers around the world representing over 10,000 apps, including Vodafone Idea, SonyLIV, Daimler, Gojek, Carousell, and Premier League, trust CleverTap to achieve their retention and engagement goals, growing their long term revenue. Backed by leading venture capital firms including Sequoia India, Tiger Global Management, and Accel, the company is headquartered in Mountain View, California, with offices in Mumbai, Singapore, and Dubai. For more information, visit clevertap.com or follow on LinkedIn, Twitter, Facebook and YouTube. Contact Details Sony Shetty sony@clevertap.com Company Website https://clevertap.com/

April 21, 2022 04:30 AM Eastern Daylight Time

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G Medical Innovations Holdings Ltd Announces Closing of $8 Million Private Placement

G Medical Innovations Holdings

TEL AVIV and NEW YORK, April 20, 2022 (GLOBE NEWSWIRE) -- G Medical Innovations Holdings Ltd. (NASDAQ:GMVD) (the “Company”), a telehealth, medical device, and remote patient monitoring company providing clinical-grade solutions for consumers, medical professionals, and healthcare institutions, today announced that it has closed its previously announced private placement with a healthcare-focused institutional investor to purchase 5,000,000 ordinary shares (or ordinary shares equivalents), and warrants to purchase up to an aggregate of 6,250,000 ordinary shares, at a combined purchase price of $1.50 per ordinary share and related warrant, for gross proceeds of approximately $7.5 million. The warrants have an exercise price of $1.50 per ordinary share, are immediately exercisable, and expire five years from issuance. A.G.P./Alliance Global Partners acted as the sole placement agent for offering. The Company intends to use the net proceeds from the offering for working capital purposes and to repay Lind Global Fund II LP (“Lind Global”) $3,380,000 as repayment in full of that certain senior convertible note dated December 15, 2021. Certain warrants to purchase an aggregate of 2,420,000 ordinary shares of the Company that were issued to investors in February 2022 have been amended to have a reduced exercise price of $1.50 per ordinary share. In addition, as a result of the foregoing private placement, on April 20, 2022, Lind Global has exercised its right of participation, and the Company issued to Lind Global an aggregate of 333,334 ordinary shares and warrants to purchase up to an aggregate of 416,668 ordinary shares, for gross proceeds of approximately $500,000, upon the same terms as the foregoing private placement. The offer and sale of the foregoing securities are being made in a transaction not involving a public offering and the securities have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), or applicable state securities laws. Accordingly, the securities may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Securities Act and such applicable state securities laws. Under an agreement with the investors, the Company agreed to file a registration statement with the Securities and Exchange Commission (the “SEC”) covering the resale of the ordinary shares to be issued to the investors (including the ordinary shares issuable upon the exercise of the warrants) no later than 30 days after the closing and to use commercially reasonable efforts to have the registration statement declared effective as promptly as practical thereafter, and in any event no later than 60 days in the event of a “full review” by the SEC. This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction. About G Medical Innovations G Medical Innovations Holdings Ltd. is an early commercial stage healthcare company engaged in the development of next generation mHealth and telemedicine solutions and monitoring service platforms. The Company’s solutions and services can empower consumers, patients, and providers to better monitor, manage and improve clinical and personal health outcomes, especially for those who suffer from cardiovascular disease (or CVD), pulmonary disease and diabetes. The Company’s current product lines consist of its Prizma medical device (or Prizma), a clinical grade device that can transform almost any smartphone into a medical monitoring device enabling both healthcare providers and individuals to monitor, manage and share a wide range of vital signs and biometric indicators; its Extended Holter Patch System, a multi-channel patient-worn biosensor that captures electrocardiography (or ECG) data continuously, including its QT Syndrome Prolongation Detection Capabilities Patch. In addition, the Company is developing its Wireless Vital Signs Monitoring System (or VSMS), which is expected to provide full, continuous, and real time monitoring of a wide range of vital signs and biometrics. Its monitoring services include provision of Independent Diagnostic Testing Facility (or IDTF) monitoring services and private monitoring services. Visit https://gmedinnovations.com/. Forward-Looking Statements This press release 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, G Medical is using forward-looking statements when it discusses the expected use of proceeds. Because such statements deal with future events and are based on G Medical’s current expectations, they are subject to various risks and uncertainties, and actual results, performance, or achievements of G Medical could differ materially from those described in or implied by the statements in this press release. The forward looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading “Risk Factors” in G Medical’s prospectus filed pursuant to Rule 424(b)(4), filed with the Securities and Exchange Commission (“SEC”) on June 28, 2021, and in any subsequent filings with the SEC. Except as otherwise required by law, the companies 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 press release. Contact Details Kobi Ben-Efraim, CFO +972 8-958-4777 service@gmedinnovations.com Company Website https://gmedinnovations.com/

April 20, 2022 04:05 PM Eastern Daylight Time

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Telos' Decentralization Rivals that of Bitcoin and Ethereum

Telos Foundation

Telos Blockchain (ticker: TLOS), the world’s most robust and decentralized ESG compliant layer 1 platform and home to the world's fastest, highest capacity EVM (tEVM), derives credible neutrality and decentralization from at least 42 equally distinct validating nodes compared to the much smaller number of major mining pools securing Bitcoin and Ethereum. After a thorough competitive analysis comparing Telos’ decentralization to the decentralization of many of the other top Layer 1 chains, the Foundation has confirmed its assumptions. Based on validator equality and crucial factors regarding architecture and finances, the team confirmed that Telos is indeed one of the leading chains regarding credible neutrality and decentralization. As mining pools lack equality, massive node counts become irrelevant: As depicted in the pie charts above, Telos, via its governance, has maintained an equitable distribution amongst all its active validators and Bitcoin and Ethereum have not. Instead, the mining pools of both Bitcoin and Ethereum have now become centralized. The hypothesis is that over the years the well-funded pools have overtaken the little ones. Despite the substantial number of nodes, to be a credibly neutral peer-to-peer network, the network must also sustain even splits in validator power / responsibilities. Without this equality, the insulating strengths of decentralized peer-to-peer networking becomes significantly degraded. A decentralized network made up of equitable validators adds a powerful layer of insulation against multiple scenarios. For example, a multi-government coalition could potentially implement disruptive regulations or restrictions on blockchain. If only a handful of validators / mining pools need to be targeted, it becomes much easier for those governments to impose their will and degrade the insulation that a peer-to-peer network is supposed to provide. In fact, an event far smaller than this could instantly interrupt some chains from operating as they intended. However, the problem is not just limited to government interference. It is also the potential of a coalition amongst the validator majority that threatens the decentralization and stability of a chain. Despite having many nodes, it appears that for Bitcoin it would take only ~5 large mining pools to form a majority, only ~4 for Ethereum and 22 for Telos (as depicted in the pie charts above). Aside from this significant (4x to 5x) difference, it is also worth noting that the community fairly votes the Telos validators into active slots vs Bitcoin / Ethereum in which the mining pool’s principles are anonymous and can simply buy their way into a majority position. Hence, the centralization and lack of credible neutrality that has now formed. Credible neutrality cannot exist in an environment in which control and influence is exerted by small groups of well-funded people. This move towards validator centralization also leads to neutrality questions that are impossible to answer. For example, are the validator majorities' ambitions in line with what is best for the chain or themselves? To put the potential gravity of this into perspective one needs to understand that the principal/s of a majority sized mining pool can easily be a crime syndicate, and no one would know about it due to the anonymity. In fact, all the major mining pools can hypothetically be owned by crime syndicates, and no one would ever know. In contrast to this, with chain-governed validator equality and ongoing fair community voting, these credibility and neutrality questions are simply non-existing issues. In fact, all these chain degrading scenarios are exactly what the Telos architecture and governance have insulated against. As a chain’s validator network becomes unequal in size; the more it will move towards centralization, the more its neutrality will become biased and the more these chain breakdown scenarios may become a reality. Insider allocation cost blockchain’s their credible neutrality: Being that Telos was a 100% bootstrap project (95% of the coins airdropped to the community, 5% were used as equal pay to the almost 150 contributors, no insider handouts, and no ICO), the team already knew that its insider allocation was at the same level as Bitcoin’s beginnings, zero. Telos is the only L1 chain besides Bitcoin to have ever reached this stage of maturity while still maintaining zero insider allocation. All the other L1 chains are believed to be centralized and unable to become credibly neutral public infrastructure due to their insider allocation (click here to see). With this being noted, these chains will most likely never be utilized by governments as a legal tender and dApps depending on this infrastructure will never be 100% insulated by the full power of credible neutrality and decentralization. Telos Decentralization: Since its inception, the validators of the Telos Blockchain are both equally sized and regionally / globally diversified. Plus, no ungoverned wallet is known to hold more than 2% of the chain. From chain architecture to finances, decentralization and neutrality are of the highest priority for the chain. Over the last 4 years, Telos has grown into a truly utopian blockchain option for both private and public infrastructure. It is ludicrously fast, very inexpensive, extremely energy efficient, credibly neutral, non-congested, super easy to deploy on and the only chain that fully insulates the public from the front running / MEV that is plaguing Ethereum. Decentralization Highlights: Telos is the only third generation layer 1 blockchain to have never done an ICO [initial coin offering] and this non-action alone insulates the chain greatly regarding insider collusion and the SEC security law suits. Telos, at its inception, electively chose to stay a bootstrap project and rise in the same fashion as Bitcoin. All other third generation layer 1 chains (including Ethereum) have done ICOs and will more than likely be forced to file with the SEC as securities. The former and current SEC Chairman have both expressed that every ICO [initial coin offering] they have seen are indeed securities, that they have jurisdiction, and that federal securities laws apply. The validating architecture of other networks might be structured via peer-to-peer architecture, but they are not credibly decentralized due to the distribution of monetary / voting / validating power. Again, insider allocation is non-existent and as you can see above in the pie charts depicting validator decentralization, Telos Validators are proportionally equal. Telos governance has the fairest voting system in existence, called Telos Decide. It is tamper-proof and secured by the Tlos coins that investors own. A coin holder can vote on behalf of the coins they hold and rely on outcomes that do not require any further human involvement. No other Layer 1 offers this level of automated community fairness. Especially because the Telos governance documents may be dynamically amended by the votes of the coin holders in a process that is entirely controlled by on-chain smart contracts. Governments, investors, dApp creators, and end users need not forget that the fundamental features which bring the most value to blockchain are credible neutrality and decentralization. With credible neutrality and decentralization the following attributes are all significantly enhanced: Utility Redundancy Security / Trust Individual Financial Independence dApp Sovereignty Fair Voting Legal Tender The actions and inactions of Telos are driven by the belief that the public and private sectors require credibly neutral blockchain infrastructure in a third-generation capable format. Credible neutrality, ludicrously fast speeds, energy efficiency, and super low-cost transactions make Telos the perfect crypto currency for the global internet and for the people. About Telos Live since 2018, Telos Blockchain (ticker: Tlos) is a third-generation smart contract platform that offers compatibility with Solidity, Vyper and Native C++ smart contracts. Telos provides full EVM/Solidity support with fixed low-cost gas fees and no front running. Uniquely, Telos also offers a path to fee-less transactions via its robust native C++ smart contract support. Utilizing less than 0.000002 kWh per transaction, the chain can sustainably support hundreds of millions of transactions per day, produce blocks in 0.5 second intervals on a first-in-first-out basis (eliminating front running on the network) and securely validate transactions via a credibly neutral and globally decentralized block producer network. The Telos Blockchain has the throughput needed to facilitate and scale the thriving Metaverse / Web 3.0 better than any other blockchain. Its performance is unrivaled in the industry and was purpose-built to offer speed, scalability, cost-effectiveness, credible decentralization, and end-user fairness. Telos, harnesses its power by utilizing tight C++ on the frontend and a custom WASM runtime environment on the backend. About The Foundation The Telos Foundation is a Decentralized Autonomous Organization established as a promotional and funding body to advance the Telos Blockchain Network and provide support to network applications. Contact Details The Team hello@telosfoundation.io Company Website https://www.telos.net/

April 20, 2022 10:07 AM Eastern Daylight Time

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Intus Care Announces $3.1M in Funding to Support Scale-Up of Predictive Analytics Platform for Geriatric Populations

Intus Care

Intus Care, developer of an innovative predictive analytics platform designed for geriatric health, has secured $3.1 million in growth capital. The investment round included Preface Ventures, Jumpstart Nova and Collab Capital, Concrete Rose Capital, Brown Angel Group, Green Egg Ventures, and strategic angel investor Brynn Putnam. Notably, Marcus Whitney, managing partner of Jumpstart Nova, and Jewel Burks Solomon, managing partner of Collab Capital, provided instrumental support for Intus Care’s mission. The company enables care providers to mitigate preventable high-utilization events, track quality interventions, and equip healthcare management teams with vital actionable insights to make informed decisions for senior patients to improve their health outcomes. This is the second round of seed funding for Intus Care, which previously raised $2.3M, bringing their total to $5.4M. “Intus Care is doing something important and truly unique in the way they empower elder care providers with the data necessary to improve the quality of care they can deliver,” said Marcus Whitney, founding partner of Jumpstart Nova. “We’re proud to invest in such a passionate and knowledgeable team with a technology that’s already exhibiting its ability to reduce hospitalizations and complications for senior citizens.” Intus Care was founded in 2019 by a team of Brown University undergraduates, who went on to graduate in 2021 after taking a hiatus to gain real-world work experience in various areas of eldercare. Its mission is to empower geriatric care providers through data to deliver more effective patient management and treatment for dual-eligible seniors -- some of the most socially vulnerable and clinically complex people in the U.S. Its digital healthcare platform integrates with electronic health records, claims, and accounting software to highlight clinical risks in patients and display organizational data. This offers a holistic view of each patient in an organization, allowing healthcare teams to better plan, manage, and provide quality care to the most vulnerable senior populations in our communities. “We’re so pleased to have esteemed investors who, like us, recognize the importance of ensuring that underserved seniors receive the quality care that they need and deserve,” said Robbie Felton CEO and co-founder, of Intus Care. “With their financial backing, Intus Care will advance our technology footprint and expand our services to better enable PACE organizations, nursing homes, long-term care facilities, and other elder care providers to enter a new era in applying data-driven predictive analytics to prevent avoidable hospitalizations and health complications.” To date, Intus Care has gained notable traction and success in the eldercare space as the first-of-its-kind data platform to specialize in PACE and Medicare-Medicaid integrated program quality management, incorporating proprietary data models and integrating APIs.​ It is currently supporting PACE plans in seven states. A 60-patient Michigan-based PACE Program implemented the Intus Care platform in 2021 and saved ~$147,000 in three months by reducing its inpatient admission rate by 54%. Intus Care has recently entered a Letter of Understanding with the National Pace Association to pursue a strategic partnership, which will further its ability to help programs across the country improve the care they can provide. “The investors we have at the center of this fundraising round will add perspectives and expertise across a multitude of sectors that will be valuable as we continue to work towards our ultimate goal of enabling all dual-eligible patients in the country to receive the best care possible,” said Evan Jackson, chief operating officer, Intus Care. “We appreciate our investors’ support and are proud of how far our company has come since our early days while still students at Brown University.” The latest investment round will position the company to maximize greater technological opportunities through data, honing product strategy that will support a major scale-up of their current service offerings. They also plan to grow their human capital by attracting, hiring, and retaining strong talent committed to their mission. About Intus Care Intus Care has found a way to synthesize data to improve care, reducing hospitalizations for some of the most socially vulnerable and clinically complex patients in today’s healthcare system – senior citizens. The company, conceived by a group of Brown University undergraduate students passionate about elder care who have raised over $5M in funding, has created a unique data-driven predictive analytics platform designed for organizations such as PACE programs, nursing homes, and long-term care facilities, and home care agencies. It easily integrates with existing electronic health records, claims, and financial software to automatically pull, analyze and highlight participant risk and care-focused data, empowering clinicians, nurses, and other care providers to better anticipate and mitigate patient risk (such as falls, development of secondary conditions, etc.) and to make more informed decisions that ultimately improve patient care and outcomes. Learn more at intuscare.com. Contact Details SVM Public Relations Jordan Bouclin +1 401-490-9700 intuscare@svmpr.com Company Website https://www.intuscare.com/

April 20, 2022 10:00 AM Eastern Daylight Time

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The Future Of Research Revealed

Elsevier

Research launched today by Elsevier, a global leader in research publishing and information analytics, reveals the challenges and opportunities facing researchers in a post-COVID-19 world. The findings are published in Elsevier’s Research Futures 2.0 report, which is free to download. The in-depth study of over 1,000 researchers globally was conducted in 2020 and 2021. It builds on the first Research Futures Report (2019) that considered what the world of research might look like in 10 years’ time. The new data highlights mounting pressure across publishing, funding, and for female researchers, while highlighting new opportunities in new funding sources, technology, and collaboration. Commenting on the research, Adrian Mulligan, Research Director at Elsevier, said: “It’s clear from the results of the Research Futures Report 2.0 that we’re at a point of change. There is uncertainty and added pressure on the research community because of the pandemic. Universities, governments, research information providers, and funders working collaboratively are best positioned to help researchers manage that pressure. Despite this uncertainty, researchers also believe there are long-term opportunities, most notably new levels of collaboration and openness across the research community, plus new sources of funding and technologies, which can help create a bright future for research.” Faster and more open knowledge in publishing The report shows the past two years have driven progress in both speed and openness in the communication of research. Around two-thirds (67%) of researchers globally now consider preprints a valued source of communication, up from 43% before the pandemic, a shift likely driven by the increased role of preprints in finding ways to tackle COVID-19. While preprints are becoming more popular, they have not benefited from the pivotal role of peer-review or had any additional value added to them by publishers. For example, 94% of the recorded articles published in Elsevier journals have content changes made during the editorial process, and 13% of submissions go through major changes 1. 54% of respondents said they planned to publish open access, which was 6% higher than in 2019. Women in research face new pressures and adapt While women in research were found to have been faster to adapt during the pandemic, they still face unique challenges. Elsevier’s research shows that they are: Expecting to collaborate more than before the pandemic – 64% expect to increase work with researchers across different scientific disciplines, up from 49% in 2020. Embracing technology faster than their male counterparts – 53% of women scientists think the use of technology in research will accelerate over the next two to five years versus 46% for men. More likely to share their research with the wider public than men – 60% of women versus 55% of men have shared their research publicly. Women reported having less time to do research during lockdowns, which could slow or hamper their future career prospects. 62% reported they were finding it difficult to find a good work-life balance during the pandemic, compared to just 50% of male researchers – a trend that could have significant negative long-term effects on the careers of women in research. Embracing new technologies Alongside collaboration, AI has been embraced more than ever during the past two years, though some caution remains. 16% of researchers are extensive users of AI in their research, and while high take-up in Computer Sciences skews that number (64% of computer scientists are heavy users), attitudes across several specialties have grown more positive. In Materials Science, which covers the structure and properties of materials, and the discovery of new materials and how they are made, 18% are now likely to be extensive AI users in their research, up from zero a year ago. In Chemistry, the number has grown from 2% to 19% and, in Maths, from 4% to 13% since 2020. Attitudes toward the use of AI in peer review are perhaps where we have seen the greatest shift in attitude. 21% of researchers agree they would read papers peer reviewed by AI, a 5-percentage point increase on 2019. Those aged 55 and under are the most willing to read AI-reviewed articles (21%), while those aged 56 and over have increased their willingness compared to a year ago (19%, up from 14% last year). At the same time, most researchers surveyed continue to object to AI peer review, with almost two in three unwilling to read such articles (58 percent) – a similar proportion as in 2020. Greater collaboration As teaching, publishing, and funding accelerate and increase the pressure on researchers, how they work has changed – and not necessarily for the worse. Researchers are collaborating more – just over half (52%) state that they are sharing more research data now than 2-3 years ago, and the number of researchers who say they are collaborating more than in the past has grown from 48% pre-pandemic to 63%. The gains are across geographies and across disciplines. Researchers in computer science have seen the biggest rise, with 76% agreeing that there is more collaboration involved in their projects than previously, a substantial rise from the 41% who agreed pre-pandemic. A harder funding landscape but new opportunities Despite the fight against COVID-19 placing a spotlight on the importance of research, funding continues to be a major concern for the research community, with half (50%) stating there is insufficient funding available in their field. Just one in four (24%) researchers believe there is enough funding for their work, and, worryingly, this figure has declined from nearly one in three (30%) in 2020. Researchers cite fewer funding sources, increased competition, changing priorities and the diversion of funds to COVID-19 related fields as the reasons behind this trend. Looking forward, researchers expect more money for research to become available from businesses, with 41% believing that corporate funding for research will increase. Government funding has also increased as a proportion of research budgets since 2019, which has led to a growth of funding across various subjects. For example, Materials Science research has seen the biggest growth in funding satisfaction in 2021, with 35% saying available funding is sufficient, almost three times the 12% who were satisfied with funding levels in 2020. --- Notes for editors 1 Elsevier data, 2021. Research Futures project methodology In total, 1,173 researchers responded to the survey globally in 2021 and 1,066 researchers in 2020. The survey was carried out by Elsevier online between July-August 2021 and in July 2020. Maximum error margin for 1,173 responses in 2021 is ± 2.4 percent and for 1,066 responses in 2020 is ± 2.5 percent at 90 percent confidence levels. Responses have been weighted to be representative of the global researcher population by country (UNESCO/OECD data). Base sizes shown in this report are unweighted, unless otherwise stated. The full methodology is available in the report. About Elsevier As a global leader in information and analytics, Elsevier helps researchers and healthcare professionals advance science and improve health outcomes for the benefit of society. We do this by facilitating insights and critical decision-making for customers across the global research and health ecosystems. In everything we publish, we uphold the highest standards of quality and integrity. We bring that same rigor to our information analytics solutions for researchers, health professionals, institutions and funders. Elsevier employs 8,700 people worldwide. We have supported the work of our research and health partners for more than 140 years. Growing from our roots in publishing, we offer knowledge and valuable analytics that help our users make breakthroughs and drive societal progress. Digital solutions such as ScienceDirect, Scopus, SciVal, ClinicalKey and Sherpath support strategic research management, R&D performance, clinical decision support, and health education. Researchers and healthcare professionals rely on our over 2,700 digitized journals, including The Lancet and Cell; our over 43,000 eBook titles; and our iconic reference works, such as Gray's Anatomy. With the Elsevier Foundation and our external Inclusion & Diversity Advisory Board, we work in partnership with diverse stakeholders to advance inclusion and diversity in science, research and healthcare in developing countries and around the world. Elsevier is part of RELX, a global provider of information-based analytics and decision tools for professional and business customers. www.elsevier.com Contact Details Elsevier Communications David Tucker +44 7920 536160 d.tucker@elsevier.com Company Website https://www.elsevier.com/

April 20, 2022 09:00 AM Eastern Daylight Time

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Everstage raises $13M in Series A as they ramp revenue and customer numbers

Everstage

Everstage, a modern sales commission management platform, has today announced a $13M Series A funding round led by Elevation Capital. This follows a successful 6 months in which Everstage scaled the business with their revenue growing 5-fold while customer numbers have increased 6-fold. In August 2021, Everstage raised a $1.7M seed round from 3one4 Capital, who have doubled down on their investment in this round. Founded in mid-2020, Everstage was created to build a modern culture of trust, transparency and happiness among sales teams by providing real-time visibility of performance and commissions. Sales reps also use Everstage to forecast potential earnings from their deals pipeline, thereby, helping companies drive sales performance and align on rep behavior. Everstage has added several novel features over the last year such as instant commissions on Slack, contract management and gamification of incentives. “We have also seen a clear trend that it is not enough to be just another tracking tool. In this attention economy, we want to capture the rep’s pulse everyday. With our extensive gamification and personalized notifications management inside Slack and email, Everstage has really become a true way to retain and motivate rep towards performance goals” Siva Rajamani, Co-Founder and CEO of Everstage commented. “Offering transparency to reps is more important than ever to help motivate them and drive revenue growth. Industry studies [Gartner] found that only 24% of sellers can easily calculate their total variable compensation.” Everstage now has customers across four continents including companies like Chargebee, Postman, Nitro, Hackerrank, Clevertap. David Levanon, Senior Director & Head of Revenue Operations at Chargebee reflected: “When we evaluated commission management tools in the market, it was very clear that in addition to Everstage’s simple and intuitive UI, the implementation and onboarding process is extremely effortless. Their highly configurable plan designer and exciting new features for gamifying incentives and instant access to commissions data set them apart from other vendors". Siva Rajamani added: “We started Everstage because we identified several pain points with the existing legacy sales commission vendors in the market. The market need was clear – customers wanted an easy to set up and use product that was high on ongoing configurability. Our conviction for disrupting the market has only gone up in the last one year with the amount of customers choosing us over established players.” Everstage will use this funding round to expand teams and fully focus on capturing the global market demand for sales performance management. Akarsh Shrivastava, Principal at Elevation Capital commented: "With ever increasing data on GTM motions, companies are constantly looking to design creative incentive plans to drive sales performance. We were super impressed at how unlike the current legacy vendors, Everstage, elegantly allowed companies to design and manage even the most complex plans, while ensuring a modern UI/UX and consumer app like experience. Super excited to back the Everstage team as they build the RevOps platform of the future" About Everstage Everstage is a modern sales commissions management platform. Founded in 2020, Everstage has quickly established itself as the go-to platform for companies looking to automate their commissions process, with customers now across four continents. Before starting Everstage with Vivek Suriyamoorthy, the startup’s chief technology officer, Rajamani served as the head of business SaaS provider Freshworks’ global revenue operations team, working closely with sales representatives. During his tenure, Freshworks’ annual recurring revenue grew from $30 million a year to $300 million. About Elevation Capital Elevation Capital is a leading venture capital firm which provides seed and early stage capital for emerging companies in India. Elevation Capital has been investing in India since 2002 and is currently investing out of its eight pool of capital. The firm is led by Co-Managing Partners Ravi Adusumalli and Mukul Arora, along with three Managing Directors Mridul Arora, Deepak Gaur and Mayank Khanduja. The firm has invested in over 150 companies across Consumer Internet, SaaS, Fintech, D2C, Edtech, Healthtech and Web3/Crypto, and has offices in Bengaluru, Gurgaon and Salt Lake City. Contact Details Everstage Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.everstage.com/

April 20, 2022 08:30 AM Eastern Daylight Time

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Issuer Pixel Brings B2B Video/Audio Database and Crowd Sourced Indexing System to Market

Issuer Pixel

Issuer Pixel a Video-centric, B2B, crowd-sourced video indexing, networking and sharing platform, is connecting companies to the world. The platform consists of a video/audio database with crowd-sourced indexing and extremely robust search capability; a video/audio library with total content controls; an active visibility and a global distribution channel for media content targeting global exposure; and a communication networking system (company-to-company and user-to-company). While the volume of digital content has grown exponentially in recent years, emerging, small mid-sized and large companies globally, across all industries have struggled to gain meaningful exposure with their own video and audio, largely due to the absence of a platform dedicated solely to business content to enhance business visibility. With today’s announcement, Issuer Pixel is tackling and solving this challenge head-on. “This is not just a big step for our company, it’s really a huge leap forward for the corporate video and audio content space as a whole, and a new level of opportunity for companies worldwide,” said CEO David N. Baker. “With our new Video/Audio Indexing system, companies will be able to store and precisely index all of their digital content and get it right in front of the viewers they’ve been struggling to reach.” The Issuer Pixel Video/Audio Database, built on patented technology, gives companies, suppliers, consumers, investors, and partners the ability to store, search, share, and distribute corporate media content with an unmatched level of capability: More than 8 billion search combinations More than 125,000 industry-specific categories More than 70 Search Criteria for Video/Audio More than 1,250 Dropdown Fields Within Search System Advanced filters for customizable searches based on company size, region, earnings and dividends, performance indicators, listing status, ownership structure and more Where most existing video platforms are a mix of entertainment and uncategorized B2C content, Issuer Pixel is the first global platform built specifically to support the needs of large companies through to small companies with a high volume of internal and external video/audio content. “We know companies have a hard time cutting through the noise of everything else that’s out there on social media and other video sites to find the media they are looking for, “said Baker. “Issuer Pixel is the first platform that truly harnesses the power of video and audio crowd sourced indexing to let companies to find or be found.” With Issuer Pixel’s Video/Audio Crowd Sourced Indexing capability, companies can store and categorize all of their video and audio content in a central repository with the flexibility to manage privacy, viewability, and sharability. In addition to helping companies meet their internal organization needs, the unique Issuer Pixel platform provides more exposure by delivering corporate video and audio to businesses and consumers who are hungry for content: Dr. James McQuivey of Forrester Research suggests a one-minute video is worth 1.8 million words!" A memorable, captivating video can encourage purchasing by 97% and increase brand recognition by 139% 95% of consumers have reported watching a video to learn more about a product or service and 81% of them have been convinced to invest in a particular brand 59% of executives prefer video to reading text 82% of all internet searches are for video The average cost of SEO for small businesses is $750 to $2,000 per month or $5,000-30,000 for a one-time project. The Issuer Pixel platform provides SEO benefits to CMOs and business strategists who will experience a noticeable uptick in SEO performance and rankings, as well as expanded brand visibility and recognition. Attract more visitors by completing accurate company profiles and content classifications for a long-term directory and additional resource links Increase discoverability by search engine bots with each additional webpage built along with backlinks to existing webpages Upload video/audio content for an increase in organic rankings Multiply brand name exposure and recognition Complete social presence form increases organic social media traffic Multiply effectiveness via one click sharing to post content once to multiple social sites “We’re excited to invite more corporate clients globally to partner and grow with us,” said Baker. “If you have video and audio finability, visibility and distribution needs with the need to be found, or if you need a direct and relevant channel to gain more meaningful exposure, Issuer Pixel is for you.” Interested parties can request an invitation by visiting Issuer Pixel: https://issuerpixel.com ISSUER PIXEL MISSION: To enable every company in the world to be found. To empower companies to create, communicate and collaborate, utilizing the power of video and audio for global exposure. To democratize the ability of companies, venture stage, small cap and micro-cap, foreign private issuers, companies of any size, at any stage, in any country, to utilize their video and audio, to gain awareness, establish sponsorship, forge partnerships, create supply chain relationships and access capital. We are harvesting unstructured data of video and audio and harnessing the power of relevance and congruity to find or be found. Contact Details Issuer Pixel Inc. hello@issuerpixel.com hello@issuerpixel.com Company Website https://issuerpixel.com

April 20, 2022 08:04 AM Eastern Daylight Time

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LawPay Announces ClientCredit, Buy Now Pay Later Payment Option for Legal Industry, is Now Accessible for LawPay Customers

LawPay

LawPay, the leading online payment solution for legal professionals, has announced the new payment option, ClientCredit, is now accessible to all customers. Previously in beta testing, ClientCredit was officially announced by the leader in legal payments in September 2021. ClientCredit is exclusively available through LawPay and allows individual clients to pay for legal services over time, while firms receive 100% of their invoiced amount upfront. The ClientCredit option is available for individuals that are looking for more flexibility on payments and will allow them to select the attorney they want based on their needs. With a simple application process, ClientCredit users will receive an instant loan decision allowing them to proceed with legal payments. "It [ClientCredit] has been fantastic so far,” said the law firm that accepted the first ClientCredit payment via LawPay. “It lets us focus on the cases without the hassle of running our own collections. We are offering this to every new client." As the increase in online payments continues to rise, this flexible payment option through LawPay will allow law firms to: Get paid faster and more predictably Expand the payment options for the firm’s client base, offering flexibility when it comes to choosing how the clients pay Spend more time focusing on clients, and less time on chasing payments “ClientCredit allows our LawPay customers to make their services more accessible to their customers by providing the ability to pay over time for services. We’ve had nearly 1,000 law firms onboarded to our beta who are now able to offer ClientCredit to their clients, which shows the high demand of this BNPL solution,” said Dru Armstrong, CEO of LawPay. ClientCredit is now available to existing and new LawPay customers. For more information on how to sign-up for LawPay, visit: https://www.lawpay.com/sign-up/. About LawPay LawPay was developed specifically to help law firms streamline billings and collections, providing a simple, secure solution for legal clients to pay their bills. LawPay is the industry leader in legal payments, providing a cost-effective solution for more than 50,000 law firms around the country. It's available through all 50 state bars, 60+ local and specialty bars and the ABA as a vetted and approved payment solution for the legal industry. LawPay is also the ALA’s Exclusive VIP Partner for Payment Processing. Learn more at lawpay.com. LawPay was developed specifically to help law firms streamline billings and collections, providing a simple, secure solution for legal clients to pay their bills. Contact Details Keely Leonard +1 512-368-8988 kleonard@affinipay.com Company Website https://www.lawpay.com/

April 19, 2022 10:28 AM Central Daylight Time

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38-Year Printing Business Avante Print Center Converts to International Minute Press Franchise in Mesa, Arizona

Minuteman Press International Inc

For nearly 38 years, Carl Denti and his family operated their independent print shop Avante Print Center. In Feb. 2022, Carl sold the business to new owners Devin and John Weiss through Minuteman Press International’s conversion program, which connects sellers with qualified buyers. Carl says, “It was time for me to join my wife Patricia in retirement and I think the transition to International Minute Press has gone very well. I needed to like the people who bought the business and Devin and John are great. My daughter Renee has stayed on working in the business and we also have employees with 25 years of tenure, so it was important for us to be comfortable with everything.” Devin and John have rebranded as International Minute Press in Mesa, AZ, and are operating out of the same location at 218 West Hampton Avenue, Unit 13 that was home to Avante Print Center. Devin says, “We believe owning a business gives us a real sense of pride. By purchasing this established business, we strive to honor our clients, our community, and our staff with continued personalized service and outstanding support.” History of the Business On March 27 th, 1984, Carl Denti and his wife Patricia opened Avante Print Center in Mesa. Carl shares, “I had owned a previous business in Kansas City that I sold. We moved to Arizona and at that time I decided to invest in another business. I told my accountant I didn’t want anything in credit collections (which I did for 15 years) and I didn’t want to own a food-related business. One of the things he came up with was printing.” He adds, “Patricia was very influential in having us go into the printing industry as well. She previously had worked for Hallmark in Kansas City doing calligraphy, and she wanted something we could do together. In our first full year in business together, we made a 39.8% profit.” While printing proved to be a viable business for Carl and Patricia, he also appreciated the freedom it afforded him to pursue other passions. Carl says, “From 1992 – 2021, I also served as the pastor of a church in Arizona, which I never really considered to be work plus it didn’t really pay the bills. Printing was an easy business to market and sell, and I felt it had easier customer acquisition than other industries.” Over the years, Avante Print Center became a second-generation family business. Carl explains, “Patricia and I worked together in the business until she retired a few years ago, and my daughter Renee also worked with us and is still working in the business today even after it was sold.” Growing the Business For the 37-plus years he was in business, Carl operated on four key principles. He says, “No matter what business you own, for me the principles never change. We built Avante Print Center following these principles: Customer service was the apex. We decided that no one would out-service us. When we said we were going to do something, we did it. My goal was to get at least 98% (if not 100%) of all jobs out on time and done right. My definition of quality is that the job has to be accepted by the customer, that they will be happy with it and order it again, and that they will tell someone about the work that we did and refer our business. You have to be able to go after the market and you have to sell. One of the problems people run into when starting a business is that their goal is to simply unlock their doors. Instead, your goal needs to be to make a profit, which takes a lot more than turning the key and turning on lights. Know your numbers and live by your numbers. It’s as simple as that.” Selling the Business While Carl was thinking of retiring at some point, he actually wasn’t actively pursuing a sale of his printing business. He explains, “I did not have the business listed for sale but I’ve known Jack Panzer (Minuteman Press International Regional Vice President) for approximately eight years. When I received a letter and flyer in the mail that Jack could help sell my business, I thought that was very smart of Minuteman Press International do reach out. Jack was very laid back whenever we spoke, and he was always open and honest along with being knowledgeable about the industry.” At the beginning of 2021, the timing was right. Carl shares, “In January 2021, Jack approached me with a qualified buyer that he thought could be a fit for my shop. I told him what it would cost if someone wants to buy our business. I also consulted with my daughter Renee, who decided she didn’t want to take over the business. We started the sales process in March 2021 and it was finished by Feb. 2022.” As for the transition to the new owners, Carl says, “I think the transition has gone very well. I needed to like the people who bought the business and Devin and John Weiss are great. Renee has stayed on working in the business and we also have employees with 25 years of tenure, so it was important for us to be comfortable with everything.” “Jack Panzer is a terrific guy from top to bottom. He’s very transparent and open as is the team at Minuteman Press International. I don’t think there’s a better way to sell your business and here’s why: 1. You’re not paying any commission; 2. You’re working with a well-established 45-year company in Minuteman Press International; and 3. Your buyer is going to have a much better chance of succeeding with the support they are getting. If they succeed, then your employees will be taken care of… and that really means a lot to us.” -Carl Denti, Retiring Owner, Avante Print Center (now International Minute Press, Mesa, AZ Meet the New Owners Devin and John Weiss are no strangers to owning a business. Devin says, “ John and I have owned several diverse businesses but most recently I owned a dance studio for 25 years. When John and I met approximately 10 years ago, we started a business together shortly after, that we continue to operate.” When the opportunity came to buy an established business while also receiving additional support, Devin says, “Honestly, it was a no brainer. We had planned to open an International Minute Press in the area in 2020, just before the pandemic hit. A year and a half later, our Regional VP Jack Panzer, reached out with this opportunity to buy Avante Print Center and convert it to International Minute Press. It was such a great opportunity that we couldn’t pass it up!” When asked why they chose franchising, Devin answers, “We have looked at other businesses and franchises, and were completely impressed with Minuteman Press International by comparison. The amount of hands-on guidance and support are second-to-none. In the past, we have always done businesses independently, and having the support of this franchise in particular was a great draw.” “Jack Panzer and his team were with us every step of the way; they made the sale as easy as it could be. Since buying the business, the support has been great. From the training to the in-store training with the local field staff, it has superseded our expectations in every way. Their patience and knowledge gave us the confidence we needed to enter a new industry for us.” -Devin Weiss, Owner, International Minute Press, Mesa, AZ (formerly Avante Print Center) Entering the Printing Industry Now that Devin and John are operating their business, they are excited to hit the ground running and continue the legacy that Carl and family started. Devin says, “We believe owning a business gives you a sense of pride. By purchasing an established business, we strive to honor our clients, our community, and our staff with continued outstanding service and support.” As a full-service printing and marketing services provider, Devin and John are excited to help other local businesses and organizations with virtually everything they need to operate and promote themselves. Devin says, “Wide format printing is especially exciting right now. There is such a wide variety of custom printed products that we can provide to our clients – we haven’t found anything we can’t do yet in-house or with the help of our franchisor and vendors.” As she reflects on owning a business vs. having a job, one word comes to mind for Devin: “Freedom!” She elaborates, While you have to put in many hours as the owner of a business, they are on your own schedule and with your own priorities. You decide what your life entails every day, and we wouldn’t trade that for the world! We love to travel and the freedom makes that possible.” Advice for Others Devin shares this advice for others who are looking to buy a business right now: “Do your due diligence. A positive attitude is a must. Survey other business owners about their experiences, both good and bad. There is a lot of preparation that goes into buying a business, and having a successful franchise to guide you is a great option. Ultimately, no matter how prepared you are, it is a learning experience!” International Minute Press is located at 218 West Hampton Avenue, Unit 13; Mesa, AZ 85210. For more information, call 480-969-4888 or visit https://minuteman.com/us/locations/az/mesa21. Learn more about #1 rated Minuteman Press International franchise opportunities at https://minutemanpressfranchise.com. To find out how to sell your printing business through Minuteman Press International, visit https://bit.ly/minutemanpressconversions. Contact Details Minuteman Press International Chris Biscuiti +1 631-249-1370 cbiscuiti@mpihq.com Company Website https://minutemanpressfranchise.com

April 19, 2022 10:00 AM Eastern Daylight Time

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