‘Zero Data’ Leader CitizenMe Raises $2m to ‘Fix the Internet’

Ethical data pioneer prepares for a Cookie-free adtech world

LONDON, Oct. 26, 2021 (GLOBE NEWSWIRE) — CitizenMe has announced an investment of $2 million in a round led by the North East Venture Fund (NEVF), supported by the European Regional Development Fund, and managed by Mercia, with participation from 1818 Venture Capital. The money will fund its mission to “fix the internet”. CitizenMe leads the category with the only fully functioning Zero Data technology that allows consumers to take control of their data and choose what data to share with companies, in exchange for fair and immediate payment. This investment will also be used to enhance CitizenMe’s edge computing AI capabilities, and grow its presence in the U.S. and UK markets.

Today, our personal data is scattered across the internet, harvested by big tech companies like Facebook and Google. CitizenMe’s ‘Zero Data’ technology introduces a simple change with a massive impact: people reclaim their digital superpower over their personal data by using a smartphone and the CitizenMe app. Companies and organisations use CitizenMe to request anonymised data and insights directly from consumers in real-time, in a fair, transparent and ethical exchange of value.

With more than 7.5 million zero data exchanges already completed, this method of sharing data is quickly establishing itself as the voice of the customer.

“We are more than just consumers, we are Digital Citizens, and there is a trillion-dollar digital economy fuelled by our personal data. CitizenMe enables people and brands to co-create better digital products, services and life outcomes. We are delighted that Mercia and 1818 share our belief in a sustainable digital future and our lead in the new Zero Data category. It is time to fix the internet by putting the control of data where it should be: in the hands of Digital Citizens,” says StJohn Deakins, CitizenMe Founder.

Digital Citizens have chosen to pre-share over 350+ different data types: from housing to income to their personality types. It enables customer-centric businesses to drive unique insights and one-to-one personalisation. With over 9,000+ Google reviews and counting, customers agree. By helping people to understand themselves better, companies can better understand their customers. Everyone benefits.

Thea Tebble of Mercia says: “Growing concern about the use of personal data is creating demand for a new type of customer data technology. CitizenMe offers a solution, enabling consumers to retain ownership of their personal data and companies to access it in an ethical way. The company is already ahead of the field and has huge potential for growth.”

The Covid pandemic, combined with yet more data regulations, has accelerated demand for a new type of customer data technology: “Data privacy is of ever-increasing importance to consumers and regulators. Companies want and need to be able to personalise while respecting those desires. CitizenMe’s Zero Data solution elegantly enables all those needs to be met.” – Marc Cohen, Partner, 1818 Venture Capital

By being Citizen-First, and enabling people to participate in the exchange of their data, CitizenMe is part of a groundswell of ethical data companies delivering the required technology to change the internet. These include the MyData organisation and Tim Berners-Lee’s SOLID protocol. CitizenMe is an active partner in this transformational new ecosystem seeking to create a more sustainable digital future.

Press contacts

Jennifer Bilec, Marketing Director

CitizenMe

jennifer@citizenme.com

About CitizenMe: We are the only Zero Data platform in the world that serves both people and businesses. Through our tech, everyone regains data privacy and choice. You are in full control –  your data is stored on your phone; Zero Data with us.

This content was issued through the press release distribution service at Newswire.com.

SafeAI Launches in Japan and India to Accelerate Autonomous Heavy Equipment Deployment

SafeAI continues year of global expansion, welcomes four new leaders to support and drive ongoing growth

MILPITAS, Calif., Oct. 26, 2021 (GLOBE NEWSWIRE) — SafeAI, a global leader in autonomous heavy equipment, today announced a major global expansion with its entry into two new countries, Japan and India. With new offices and growing local teams in both markets, the company is poised to significantly accelerate the rollout of autonomous equipment across heavy industry, worldwide.

Both Japan and India represent tremendous opportunities for growth with large heavy equipment markets. Japan, in particular, boasts a massive construction sector, recently estimated at a value of more than 530 billion U.S. dollars. Already, SafeAI has a successful year-long partnership with Japanese construction giant Obayashi. The two companies are currently retrofitting an autonomous Caterpillar 725 to complete load-haul-dump cycles, a vital function on any mining or construction site. India, meanwhile, has a construction industry worth more than 35 billion U.S. dollars and a significant mining sector that produces 95 minerals and has an export value of approximately $4 billion U.S. dollars.

To support continued global growth, today SafeAI also announced that four new leaders have joined the team:

  • Dr. Ryo Hiratsuka, SafeAI’s Japan Country Head, will oversee initiatives from the new office in Tokyo. Hiratsuka brings over 20 years of experience developing Japanese markets for start-up companies, including Cisco, HP (former Colubris Networks) which deployed Wi-Fi on airplanes, trains and cruiser ships, and Hexagon (former Romax Technology) focused on the electrification of cars and trucks. Prior to joining SafeAI, he served as the Japan sales manager of Quectel for V2X, telematics and location tracking technology across a number of industries.
  • Sudarshan Singh joins the team as the India Country Head to oversee operations at the new office in New Delhi. Singh brings over 30 years of executive leadership experience to the role, including 14 years at Caterpillar, where he launched the company’s India operations, expanded product offerings and the used machinery business and ultimately led the Asia-Pacific region. Singh also spent time at DEUTZ AG, where he expanded India operations with OEMs and defense projects, and at the SANY Group, where he grew the company’s footprint in India, with a focus on manufacturing concrete and construction machinery.
  • Lisa McGinty joins the team in the United States as Global Head of Marketing. McGinty brings over 30 years of growth, marketing and branding experience across multiple industries to the role. Most recently, she was an early stage growth executive at FreightWaves, a global digital news, data and SaaS company focused on transportation and logistics. Backed by a unique blend of experience within VC backed start-ups and Fortune 500 companies, McGinty will play an integral role in driving heightened awareness of SafeAI’s growing company.
  • Rob Reid joins SafeAI’s growing Australia team as Principal Autonomy Engineer. Over the last 15 years, Reid has built autonomous solutions for a variety of applications, ranging from space to the energy industry, and gained experience across a range of technical areas, including mobility, perception, planning and controls and machine learning. Prior to joining SafeAI, Reid was the Principal Robotics Engineer at Woodside Energy, deploying robots at oil and gas facilities, and a Robotics Engineer at the NASA Jet Propulsion Laboratory for four years.

“Companies across heavy industry, and across the world, are eager to deploy autonomous solutions for safer, more productive sites,” said Bibhrajit Halder, founder and CEO of SafeAI. “To meet this skyrocketing demand, we need both the geographic reach and the expertise to meet our customers where they are and ensure a successful deployment. Lisa, Ryo, Sudarshan and Rob all bring invaluable experience to guide our team through the next chapter.”

This expansion comes on the heels of a busy year for SafeAI’s growing business that has also included launching in Canada and Australia, securing a $21 million Series A round and launching an industry-first operating system. To learn more about SafeAI, visit www.safeai.ai.

About SafeAI
SafeAI is a global autonomous heavy equipment leader focused on advancing modern industry. SafeAI retrofits heavy equipment for autonomous applications in mining and construction to serve a massive ecosystem of industry players with complex needs. By building a software platform with the most advanced, industry-specific AI, SafeAI enables equipment owners to transform existing machines, including skid steers, F-150s and articulated dump trucks, into self-operating robotic assets. SafeAI is based in Milpitas, CA.

Contact
LaunchSquad for SafeAI
safeai@launchsquad.com

Modelo Partners with LA Artist Mister Cartoon to Celebrate Día de los Muertos

Iconic Artist and Modelo Honor Mexican Heritage with Limited Time Only Packaging and Unique Merchandise That Pays Tribute to Traditional Día de los Muertos ArtistryModelo x Mister Cartoon

Modelo x Mister Cartoon

CHICAGO , Oct. 26, 2021 (GLOBE NEWSWIRE) — Modelo, the beer brewed for those with The Fighting Spirit™, is extending its partnership with legendary LA-based Mexican American artist and cultural icon, Mark Machado aka Mister Cartoon, to invite fans around the country to celebrate Día de los Muertos in style. To honor the tradition of Día de los Muertos, Modelo has launched 24 oz. Modelo Especial and Modelo Negra LTO cans designed by Mister Cartoon. The intricately designed LTO cans take a modern spin on classic Día de los Muertos motifs such as skulls and marigolds by incorporating Mister Cartoon’s signature style, visually demonstrating the strong connection between Modelo, Mister Cartoon and the traditional Mexican holiday.

To further celebrate Día de los Muertos, Modelo and Mister Cartoon launched an exclusive line of merchandise featuring Cartoon’s dedicated Día art. Fans can enter for a chance to win items from the merch collection through the national Modelo Día de los Muertos Sweepstakes or purchase online and at Zumiez stores for a limited time. The collection includes hats, T-shirts, sweatshirts and a tote bag, each emblazoned with Mister Cartoon’s striking designs inspired by the artistic style Mister Cartoon is known for, and the iconography of this ancient Mexican holiday.

“We are thrilled to elevate our partnership with Mister Cartoon, leaning into our shared Mexican roots and his artistic talents to provide a unique way to celebrate the visual beauty of Día de los Muertos,” said Greg Gallagher, Vice President, Brand Marketing, Modelo Beer. “We want to make sure everyone is able to honor the holiday with specially-designed items that showcase the rich history of Día de los Muertos and Mister Cartoon’s unique style.”

Much like Modelo, Mister Cartoon hails from humble beginnings as an artist in Los Angeles who had to fight to make a name for himself. Cartoon’s story of grit, tenacity and perseverance on his journey to become the legendary artist he is today can be seen in the Modelo TV commercial, “The Fighting Spirit of Mister Cartoon.” Fans will also discover Día advertising illustrated by Cartoon in stores and at bars and restaurants across the nation throughout this month. See HERE for assets.

“As a Mexican American, working with Modelo to spread the word about Día de los Muertos has been important to me,” said Cartoon. “Often misunderstood, the holiday is actually a time for celebrating our lost loved ones. By teaming with Modelo, I was able to create art that honors the tradition of Día using my street style of artwork at the same time paying homage to my own heritage in the process.”

The LTO cans are available in single serve (SRP $3.29) and 3-packs (SRP $8.99) through November 2 while supplies last. The exclusive merchandise will be available via ModeloUSAStore.com, Mistercartoon.com, and Zumiez.com at various price points. To enter for a chance to win merch in the national Modelo Día de los Muertos Sweepstakes, go to https://modelodiadelosmuertos.dja.com.

NO PURCHASE NECESSARY TO ENTER SWEEPSTAKES. Sweepstakes is open only to legal residents of the 50 U.S. and D.C., 21 or older. Starts 12:00 AM ET on 9/13/21 and ends 11:59 PM ET on 11/2/21. No alcohol awarded with prizes. For complete details, see Official Rules at ModeloDiaDeLosMuertos.dja.com.

ABOUT MODELO®
Born in 1925 in the small town of Tacuba, Mexico, Modelo has been bringing distinctive high-quality beer to people ever since, including Modelo Especial®, Modelo Negra®, and a flavorful lineup of Modelo Cheladas.Modelo Especial is a golden, full-flavored Pilsner-style Lager with a clean, crisp finish. As the #1 imported beer in the U.S., Modelo Especial recently surpassed 150MM cases sold in 2021. The Modelo family of beers are exclusively brewed, imported and marketed for the U.S. by Constellation Brands.

ABOUT MISTER CARTOON
Mister Cartoon’s richly detailed, hand-rendered designs are inspired by the style of tattoos that originated in the streets of 1970s’ Los Angeles – fine line Chicano black and grey custom tattoo art. Cartoon took this style of tattooing and brought it into mainstream culture. He is known as a pioneer in the tattoo world, and as one of the first artists to get global notoriety by tattooing celebrities, athletes, musicians, and actors alike.

Media Contacts:

Kevin Hyde, kevin.hyde@ketchum.com

Stephanie McGuane, stephanie.mcguane@cbrands.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0e9b31ed-5db5-4d3d-a067-ce2aa949f316

Micro Insurance Company Partners With CrediOrbe to Ride to the Rescue of Would-Be Motorbike Owners in Colombia

NEW YORK, Oct. 26, 2021 (GLOBE NEWSWIRE) — A new partnership is riding to the rescue of would-be motorbike owners who have been unable to purchase a bike in the past due to poor credit ratings.

Micro Insurance Company (MIC), which specializes in offering custom insurance solutions, has teamed up with CrediOrbe to create an innovative insurance alternative for people seeking a loan to buy a motorbike.

Colombian motorcycle credit business, CrediOrbe, was receiving tens of thousands of calls a month from individuals looking for a loan, but was only able to offer financing to less than 4% of these customers. The reason is because the remaining callers failed credit checks, as many of these people work in the informal sector, without a regular paycheck.

As a result, MIC partnered with CrediOrbe to create an insurance product that would also provide a solution to those who were walking away empty handed. CrediOrbe’s investors launched Foriu – a new business that offers an insurance alternative for people who want to buy a motorbike but are refused a loan by CrediOrbe. These affordable policies not only provide customers with a great insurance product, but also help individuals to build a credit history. Thus, if in a few months’ time they still want a loan to purchase a motorbike, they can go back to CrediOrbe and show a positive track record of making payments on time, and get approved.

Foriu is the partner of CrediOrbe offering these affordable insurance policies that are designed and created by MIC. With premiums starting from as little as $2 a month, the policy is within reach of most CrediOrbe customers in Colombia.

Richard Leftley, EVP of Micro Insurance Company, says:

“With CrediOrbe unable to offer motorcycle loans to many thousands of people every month, we looked at creating a solution. We explored what other insurance products could be sold to people who didn’t secure motorbike financing. The result is Foriu. Now, instead of being offered nothing, callers to CrediOrbe are instead guided in the right direction. As an alternative to a motorbike loan, they can sign up for a really great insurance policy which, in time, will lead them to eventually securing the loan they were initially after.”

Mariana Gallego, Commercial Manager and Digital Transformation of Foriu, adds:

“We see this as a win, win, win! The company gets to provide additional financial products to our clients, grow our insurance distribution arm, and clients get a great insurance product that was not previously available in Colombia. They also start to build credit which they can use in the future to purchase a motorbike and fulfill their dreams.”

For more information, please contact:

hola@foriu.co | www.foriu.co

richard@microinsurance.com | www.microinsurance.com

About Micro Insurance Company (MIC):

Micro Insurance Company (MIC) is the world’s first end-to-end digital microinsurance platform that combines reinsurance capacity, in-country insurance licenses, world-class distribution, and market-leading AI functionality. Our global insurance platform delivers technology, underwriting, policy management, and distribution to platforms, micro and small businesses, and to the four billion people on the planet who are currently unserved. Whereas most insurtechs seek to improve existing monoline products and markets, we follow straight through processing to create highly relevant insurance products at a very low cost.

About CrediOrbe:

CrediOrbe is a fintech company that was born in Colombia with the purpose of transforming the quality of life of millions of Colombians, through two and three-wheeled vehicles. Under one premise: a motorcycle has the ability to transform reality and improve the quality of life of millions of families, achieving with it: having easy and comfortable transportation, saving time, improving the home economy and achieving new achievements by generating income with his motorcycle.

Webtel.mobi Describes How Its Community-Marketing Does for Global Marketing, Expansion and Premises What UBER Did for Ride-Sharing

Webtel.mobi’s Community-Marketing’s Retail Marketing Flow

Webtel.mobi’s Community-Marketing’s Retail Marketing Flow

Webtel.mobi describes how the ¼ of a Billion clients in its affiliates – and global premises and personnel – were acquired at zero cost to it or its Affiliates. It also describes how to create this type of 21st Century structure, and why WM’s client base should expand by 5+ times in 2022

ST PETER PORT, Guernsey and NEW YORK, Oct. 26, 2021 (GLOBE NEWSWIRE) — To provide service on a Global Basis (i.e. all countries) as opposed to an international or multinational basis (i.e. some countries) generally requires dozens or hundreds of premises and hundreds of thousands of personnel. It also requires ongoing marketing campaigns that cost millions to tens-of-millions of dollars per annum per country – let alone the cost of 193 countries – or 245 countries and territories – that Webtel.mobi’s service is present in.

However, Global Telephony Provider Webtel.mobi (“WM”) has premises and personnel in all the countries in which it provides its services – but at zero cost. Similarly, it has total brand-loyalty and distributes saturation retail marketing in all these countries – also at zero cost.

WM has completely removed four of the largest costs incurred by any company – premises, equipment, personnel, retail marketing and brand marketing – completely. Moreover, it has tested this system and further refined it in its nine years of operational testing, so it is now fully automated in all respects. Therefore, even its implementation and management is automated, and at zero cost.

WM’s Community Marketing converts all premises and personnel into one ecosystem

WM’s Community Marketing converts all premises and personnel into one ecosystem

WM achieved this by applying a 21st Century solution to business components that generally function on 19th and 20th Century models.

Utilizing the communication and interconnectivity possibilities provided by WM’s Telecommunications business, global interconnectivity via the internet and the specific structuring of its Artificial Intelligence Complex Adaptive System to do so, WM included all entities and persons who utilize WM’s business into the business itself. This is so they all have a stake in its success, and all are able to personally make a living or benefit from the success of the business.

It is the equivalent of giving shareholdings in a company to the workforce – just on a global scale, and in a much more efficient manner. Moreover, the results – as proven during WM’s nine years of operational testing and as evidenced by WM acquiring Affiliates in 193 countries with 288 million members prior to it even commencing marketing the Affiliate opportunity with its Platform 2 – speak for themselves.

In short, WM does for these aspects what UBER did for community ride sharing. It provides the opportunity for entities to utilize their existing premises, personnel, and client bases for WM activities as a means of acquiring additional revenue at zero cost to them – just as UBER provides the opportunity for persons to use their vehicles for ridesharing as a means of acquiring additional revenue.

The differences are primarily that:

  • WM has been doing this since 2009 – whereas UBER and companies that have copied it – only started doing this in the recent past.
  • WM applies this system with complete transparency of all structures, flows and actions to Affiliates.
  • WM provides Affiliates with a fully functional segmented part of its Artificial Intelligence Complex Adaptive System in their own Administration Consoles, so they can monitor all revenues and activities within their Affiliates 24/7/365 (with relevant information redacted to ensure 100% Member privacy and confidentiality).
  • WM provides Affiliates with 10% of all Net Revenue that flows in, from all and any of the full range of Facilities on their Affiliate Platform (an identical replica of the WM Platform).
  • WM provides this all at zero cost to the Affiliates. In fact, the Affiliates incur zero cost for anything at all. They acquire 20+ additional primary revenues and 200+ secondary revenues streams to expand (or create) their services offerings exponentially, and immediately – and extend them from local or national to Global businesses – at zero acquisition cost, zero start-up cost and zero running costs over and above their already-existing costs.

In return, all the Affiliates need to do is to receive WM’s Retail Marketing messages (which they get in their Administration Consoles and by email) and distribute the Retail Marketing messages to their existing client / member / customer bases.

They are encouraged not to incur any costs to do this, and to just include the Retail Marketing messages in the existing communication methods they have with their existing member bases. This can be by email, by letter, on a blog, in flyers, on the back of till slips, on noticeboards – incorporating it into their communication means they already use.

The Affiliates can – electively – also sell TUV Digital Currency, place SCRM Machines at their premises, or provide other means of elective support (which they may charge for) to their own members.

Each Affiliate gets their own branded version of the WM platform, so their members are directed – through the Retail Marketing – to go to their own Affiliate Platform, which is where they derive their revenue. When a member signs up through an Affiliate’s Platform, he / she is electronically tagged as being a member of that Affiliate, so the Affiliate will always receive the revenue from its Members. This process is in place because as one of the failsafes, Members can log in and access their accounts from any WM Affiliate Platform or the WM Platform – regardless of which one from which they joined.

The results of this system are that –

WM acquires:

  • Global Retail Marketing and Client Acquisition at zero cost
  • De-facto global Premises, Equipment and Personnel at zero cost
  • Global Brand Loyalty at zero cost (the Platform Brand is the Brand of the Affiliate).

Affiliates acquire:

  • Fully-operational versions of WM at zero cost
  • Expansion of their revenue streams by 20 times to 200 times at zero cost
  • Lowering of their own operating costs by up to 80% at zero cost
  • The capacity to turn their businesses from Local or National to Global at zero cost
  • All technical support and full operational visibility at zero cost
  • The capacity to electively acquire even more additional revenue streams at zero cost

This system is not just a combination of the concepts of the modern UBER community ride-sharing concept, the modern flexi-office concept, the modern sharing of company equity among workforce and others into one overall concept – it far surpasses them all, combined. Moreover, it is not a concept or aspiration. It is a fully tested, proven, due diligenced, fully operational and successful business process – operational worldwide

This is because mutual support based on mutual benefit comes at zero cost to either WM or the Affiliates, and the end-user – the WM or Affiliate Members – also share in their arrangement because the exponential cost-savings are directly passed onto them.

This represents a totally new structural concept and flow in respect of Global – or any other – business, and it is one all business can – and should – contemplate applying.

Naturally, before implementing applying such concepts and structures, there is a great deal of work required in structuring and testing. There are hundreds of legal, regulatory, structural, administrative, control, oversight and other structures and processes that need to be implemented, tested and refined.

However, once this system is perfected, tested and proven, it provides – as it does for WM – the basis for unlimited and very rapid Global Expansion – and exponential increases in operations – at zero cost.

This in turn facilitates business advantages that literally cannot be matched in terms of pricing, speed, market-penetration and many other aspects. If this 21st Century structuring is implemented, companies and businesses functioning with 19th or 20th century structuring and processes cannot compete. Their comparatively unwieldy, slow and extraordinarily expensive systems, processes and structures price them completely out of the market.

It is inevitable that the construct and flow of businesses and business-processes will increasingly begin to follow this model – particularly as a globally functional model of this exists – and has existed for almost a decade – within WM. It is just a matter of time.

In the interim, WM will begin to robustly implement its global expansion via this method in 2022, and – based on its previous experience with its Platform 1 – it anticipates easily increasing the member base within its Affiliates by at least five times from its current quarter of a billion.

Through this projected exponential growth, WM will provide its Telephony Services – and also its TUV Global Digital Currency and Global Clearing System – not just to, in, and from all countries worldwide, it will also enable the persons and entities within those countries to themselves become members of WM’s Global Community Ecosystem – because they will all share in its success.

Resources:

Media Contact:
Nick Lambert: wm@thoburns.com

Application to acquire a WM Affiliate (“VSMP”) Platform:
https://webtel.mobi/pc/info/how-to-apply-to-be-a-wm-affiliate/

Affiliate (“VSMP”) Handbook:
https://webtel.mobi/media/info/telmobi-group-vsmp-handbook.pdf

The TEL.mobi Group Global Alliance of Affiliates:
https://webtel.mobi/pc/info/tmg-global-alliance/

Article illustrating historical Affiliate (“VSMP”) popularity:
https://webtel.mobi/media/info/malaysian-reserve_article.png

The “Four Wins” Approach of WM’s Community-Marketing system:
https://webtel.mobi/pc/info/tel.mobi-group/#The-TEL.mobi-Groups-Win-Win-Win-Win-4%20Wins-Structure

Comments on the WM System’s Capacities by Professor Jan Kregel of the Levy Economics Institute:
https://youtu.be/XYBrCikUhn8

Research Papers on WM’s Global Clearing System and TUV Digital Currency:

Media Articles on WM:
https://webtel.mobi/info/current-media/

Characteristics of WM’s TUV Digital Currency:
https://webtel.mobi/info/tuv-characteristics

WM’s urls:
https://webtel.mobi/pc (Tablets / Laptops / Desktops)
https://webtel.mobi (Smart Phones)
https://webtel.mobi/wap (Pre-Smart Mobile Phones)

Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/a38301b2-f1e6-4126-89f6-45f87856de02
https://www.globenewswire.com/NewsRoom/AttachmentNg/cc62bc11-3f10-4c58-ac44-6633b6b31990

The photos are also available at Newscom, www.newscom.com, and via AP PhotoExpress.

Expereo Achieves Cradlepoint 5G for Enterprise Branch Specialization

AMSTERDAM, The Netherlands, Oct. 26, 2021 (GLOBE NEWSWIRE) — The world’s leading provider of Global Internet, Cloud Access Optimization, SASE and SD-WAN services, Expereo, is proud to announce today that it has achieved 5G for Enterprise Branch Specialization from Cradlepoint, the global leader in cloud-delivered LTE and 5G wireless network edge solutions. The 5G for Enterprise Branch Specialization identifies and recognizes partner organizations that are leaders in positioning and selling Cradlepoint’s 5G for business solutions by meeting a series of sales, technical, and business proficiency criteria.

By receiving the specialization, Expereo will support Cradlepoint’s efforts of selling the industry’s most comprehensive portfolio of 5G solutions to meet the business imperatives of availability, interoperability, security, and manageability.

By leveraging Cradlepoint’s Netcloud solution, Expereo delivers portable network connections that can be used as primary, failover or underlay links. Having no physical transmission medium makes deployment easy with just a 4G/5G-enabled router and ready to use data SIM card(s) from Mobile Operators. This allows backup facilities or temporary offices to instantly connect to the internet and guarantees corporate network connection for when operations are disrupted as a result of disasters or contingency planning. Mobile Broadband can also be used to improve redundancy on SD-WAN and optimize application performance by adding more choice to the underlay, further diversifying current MPLS and Internet components within the SD-WAN environment.

“Being recognized as a 5G Enterprise Branch specialization showcases Expereo’s commitment to using the best-of-breed technology as part of its service stack, as well as getting our customer path to 5G for business,” explains Catherine Lee, Director Service Development at Expereo. “Our customers get the most advanced mobile endpoint equipment there is, access to extra-mile support, and the assurance that the products and services we jointly provide with Cradlepoint will meet the needs enterprise network,” he continues.

By combining its NetCloud platform with a clean-sheet-of-paper design for its new 5G modems and antenna systems, Cradlepoint is the first to deliver comprehensive 5G solutions for business. Specific capabilities include combining LTE, Gigabit-Class LTE, and 5G in a single wireless WAN; supporting all 5G spectrums, interoperating with existing customer SD-WAN and router infrastructures; and simplifying the entire network management lifecycle.

“Cradlepoint is committed to leading the evolution of Wireless WAN and 5G and is both the first and best choice for customers in this space,” said Eric Purcell, senior vice president of global partner sales at Cradlepoint. “Our reseller, service provider, and technology partners play a crucial role in this mission. The addition of Expereo to our 5G for Enterprise Branch Specialization program is another important step in leading the path to 5G for business.”

About Expereo
Expereo is the leading provider of managed network solutions, including Global internet connectivity, SD-WAN, SASE, and Cloud Access Optimization services. Expereo is the trusted partner of 30% of Fortune 500 companies and powers enterprise and government sites worldwide, helping to enhance every business’ productivity with flexible and optimal Internet performance. In Feb 2021, Vitruvian Partners international growth capital and buyout firm, acquired a majority stake holding in Expereo, alongside to the leading European private equity firm Apax Partners sas, and company management.

About Cradlepoint
Cradlepoint is a global leader in cloud-delivered LTE and 5G wireless network edge solutions for branch, mobile, and IoT networks. Cradlepoint NetCloud, the personification of the company’s Elastic Edge vision, is a subscription-based service with purpose-built endpoints that delivers a pervasive, secure, and software-defined Wireless WAN edge to connect people, places, and things over LTE and 5G cellular networks. More than 22,000 businesses and government agencies around the world rely on Cradlepoint to keep critical sites, points of commerce, field forces, vehicles, and IoT devices always connected and protected, including 75% of the world’s top retailers, 50% of the Fortune 100, and first responder agencies in 25 of the largest US cities. Major service providers use Cradlepoint solutions as the foundation for innovative managed services. Founded in 2006, Cradlepoint is a privately held company headquartered in Boise, Idaho, with a development center in Silicon Valley and international offices in the UK and Australia.


Contact:
Conor McGee
conor@grammatikagency.com

Devo Announces $250 Million Funding Round Led by TCV

Surging Cloud-Native Logging and Security Analytics Leader Catapults to $1.5 Billion Valuation

Devo’s Pedro Castillo and Marc van Zadelhoff

Castillo, CTO and Founder; and Van Zadelhoff, CEO

CAMBRIDGE, Mass., Oct. 26, 2021 (GLOBE NEWSWIRE) — Devo Technology, the cloud-native logging and security analytics company, today announced $250 million in Series E funding at a valuation of $1.5 billion. TCV led the round, along with new investors General Atlantic and Eurazeo and existing investors Insight Partners, GeorgianBessemer Venture Partners, and Kibo Ventures.

 The round brings the total capital raised to more than $400 million. The new funding will fuel aggressive growth across new regions and market verticals, and significantly increase investment in channel expansion and product innovation.

A recent report from Devo revealed the speed at which businesses have accelerated past the cloud tipping point—with cloud-first organizations now outnumbering on-premise organizations by a ratio of three-to-one. Devo is serving as the only credible “go to” in the cloud for large customers needing sophisticated security analytics and enterprise logging at scale.

“Digital transformation, and the massive threat surface associated with it, have elevated security analytics to the centerpiece of frontline cyber defenses,” said Devo CEO, Marc van Zadelhoff. “Pedro Castillo and our founders built Devo for this transformation, and now the world’s largest businesses choose us because we combine unmatched scale, powerful analytics, and the ability to get answers in real time—fundamentally changing how security teams interact with their data. This new funding validates the disruptive force we have become and sends a signal to the industry that we will continue to set the pace for innovation and customer value.”

Devo’s expansion plans include growth in new verticals and geographies including an expanded presence in the public sector, as well as internationally in the Asia-Pacific (APAC) region. Building on the rapid adoption of Devo as the platform of choice for leading resellers and managed security services providers (MSSPs) across the globe, the company is also redoubling its commitment to the channel, cloud and integration partners. Devo will also invest heavily in technology alliances, content, and people to build out a global security community to usher in a new era for the industry.

Gopi Vaddi, General Partner at TCV, who is joining the Devo Board of Directors said, “We’re thrilled to invest behind Devo’s visionary founders who have built a category-disrupting product suite, in addition to Marc van Zadelhoff who joined as CEO last year and has commercialized the company further by recruiting a seasoned team of executives. We look forward to working with existing investors Insight, Georgian, Bessemer, and Kibo Ventures, who have guided the company to its current stage, as well as new investors General Atlantic and Eurazeo.”

Also joining the board is Gary Reiner, Operating Partner at General Atlantic.

The funding event also marks what has been a momentous first year in the tenure of CEO Marc van Zadelhoff. Since assuming leadership, he has driven the company to new heights, including:

  • Nearly 100% year-over-year revenue growth
  • Over 100% customer growth, including H&R Block, Manulife, FanDuel, Ulta Beauty and AMEX Global Business Travel
  • More than 400 employees across North America, Europe, and APAC
  • Addition of industry-proven leaders including CSO Gunter Ollmann, SVP of Product Ted Julian, CCO Johannes Loeffler and CFO Jennifer Grunebaum
  • Launch of Devo Content Stream, a new high-value content delivery service for Devo customers

About Devo
Devo is the only cloud-native logging and security analytics platform that releases the full potential of your data to empower bold, confident action. With unrivaled scale to collect all of your data without compromise, speed to give you immediate access and answers, and clarity to focus on the signals that matter most, Devo is your ally in protecting your organization today and tomorrow. Headquartered in Cambridge, Mass., Devo is backed by Insight Partners, Georgian, TCV, General Atlantic, Bessemer Venture Partners, Kibo Ventures and Eurazeo. Learn more at www.devo.com.

Devo PR Contact:
Shannon Todesca
shannon.todesca@devo.com
+1 (781) 797-0898

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/159a6080-51b6-44be-951f-d4cf3c0127e9

Bitdeer Group’s Minerplus Releases MiningOS for Efficient and Secure Cryptocurrency Mining

MiningOS will work in tandem with Minerplus’ new GPU mining services to augment Bitdeer Group’s comprehensive and leading digital asset mining operations

Featured Image for Bitdeer Group

Featured Image for Bitdeer Group

SINGAPORE, Oct. 26, 2021 (GLOBE NEWSWIRE) — Bitdeer Group’s Minerplus has developed and released a beta version of MiningOS, a new piece of GPU mining firmware for secure and high-yield digital asset mining, to an exclusive group of pilot users. MiningOS is part of a lineup of tools offered by Minerplus to mining projects of various scales, each designed to handle and streamline processes that keep the overall operations running efficiently.

As one of Bitdeer Group’s three business arms, Minerplus offers cloud-based services for monitoring, operating, and managing digital asset mining equipment. It functions alongside Bitdeer’s cloud service plan and the standardized mining facilities of Mining Datacenter to meet the needs of institutional and private clients who engage Bitdeer Group for digital wealth creation.

“During a digital assets bull run, there is always the potential for major fluctuations and corrections. It is crucial for new and existing practitioners to seize opportunities at the right moment as the sector charges ahead without rest. Well-funded conventional investors are directing their investments into digital asset mining. As new capital rushes into the sector to compete for hashrate, it is essential for the mining industry to make upgrades in ancillary services,” said Bob Liang, Head of Minerplus, Bitdeer Group.

With an expansive suite of features, Bitdeer Group continues to push the envelope in the facets of digital asset creation. It consistently sets new standards for reliable mining machine sharing, global compliance in mining infrastructure, and optimized smart mining management software.

Minerplus Features Full Cohesion for Maximum Efficiency and Revenues

Along with Bitdeer and Mining Datacenter, Minerplus completes Bitdeer Group’s full ecosystem of mining-related services, catering to the demands relevant to digital asset mining activities and management. This includes real-time tracking of operational details, batch operations, automated operation and maintenance, and revenue analysis, as well as security and asset protection.

Reorganized in 2021 by the AntSentry core members — which developed Bitmain’s cloud-based miner monitoring, operation, and maintenance management system — Bitdeer Group’s Minerplus and its predecessor have been the management platforms of choice for 60 major mining operations since 2015, combining reliable products with precise data to empower miners to make the better technical decisions possible.

Minerplus boosts the efficiency of miners by up to 100% and trims the need for human intervention at large-scale mining operations by up to 50%, simplifying the process of generating digital assets. The team behind Minerplus operates 24/7 to assist clients with optimizing resource allocation and improving mining efficiency.

MiningOS Offers Convenient Deployment for Hassle-Free Optimization

MiningOS is a system that makes simple, stable, high yields possible in any mining context. It is a Linux-based management and operation platform that is designed to run on mining equipment that incorporates GPUs.

To make MiningOS easy to use in any condition, it was built for code-free deployment via USB flash drives. This means it can be rapidly deployed across mining equipment to optimize cluster management and increase overall revenues. To meet the possible requirements, MiningOS delivers batch operations for macro-level control as well as single-unit management for micro-level fine-tuning.

MiningSentry Safeguards Mining Operations From Malicious Actors

As part of the tools that Minperplus has developed, MiningSentry works in tandem with MiningOS to protect mining projects.

With real-time displays of hashrates and generated revenues, MiningSentry offers a clear and visible record of the performance of each machine within a network. It also keeps guard to detect suspicious behavior that may be taking place within the system, and issues alerts and notifications across designated channels, such as email and productivity apps like DingTalk, so that the management or technical team can examine the relevant information to root out malicious actors.

Together, MiningOS and MiningSentry allow miners to maintain stability, elevate hashrate, and perform smart overclocking within their operations, maximizing their capabilities in unique ways. They are at the core of the superior GPU mining operations and maintenance management suite that addresses the needs of professional mining sites.

About Bitdeer Group

Bitdeer Group is the world’s leading digital asset mining service provider. It was founded by Jihan Wu, the co-founder of Bitmain and Matrixport, along with Sequoia Capital, IDG, and other well-known investment institutions in the blockchain field. With its headquarters in Singapore, Bitdeer Group has branches in the United States and Europe, and other countries and regions. The group has three business lines — Bitdeer, Mining Datacenter, and Minerplus, showing its dedication to becoming the world’s most reliable digital asset mining service provider.

For more information, please get in touch with Bitdeer Group:

Website: www.bitdeer.com

LinkedIn: www.linkedin.com/company/bitdeer-group

Twitter (Minerplus): www.twitter.com/VIP_MinerPlus

Media Contact: pr@bitdeer.com

Business Cooperation: contact@bitdeer.com

Minerplus Contacts: support@minerplus.com

Related Images

Image 1

This content was issued through the press release distribution service at Newswire.com.

Attachment

Sportradar Announces Extension of Official Data Partnership With the International Tennis Federation

Global deal to enhance integrity measures and drive fan engagement

LONDON and ST. GALLEN, Switzerland, Oct. 26, 2021 (GLOBE NEWSWIRE) — Sportradar (NASDAQ: SRAD) (“Sportradar” or “the Company”), the leading global sports technology company creating immersive experiences for sports fans and bettors, today announced a three-year extension to its agreement with the International Tennis Federation (ITF) to serve as the ITF’s Official Data Partner.

The agreement extends the strong partnership between Sportradar and ITF, which, since 2012, has encompassed the World Tennis Tour as well as a number of other major ITF competitions, such as the Billie Jean King Cup.

In addition to the official data partnership, the extension enables the Federation to deliver a number of important ongoing integrity-led major projects, including the development of innovative technology infrastructure to further enhance integrity protection at World Tennis Tour events. Together with the projects and activities mentioned, the ITF, in partnership with Sportradar, will continue to invest significantly into accreditation, control systems and personnel to safeguard the integrity of tour events, leading the tennis world in efforts to ensure a secure player and fan experience.

As the global governing body of tennis, the ITF subscribes to the International Tennis Integrity Agency (ITIA) tennis-wide anti-corruption programme and services. As part of its ongoing commitment to protect the integrity of its sport, the ITF will continue to leverage Sportradar’s integrity services by including its Universal Fraud Detection System, an advanced and proven bet monitoring service to analyse global betting patterns, and its unrivalled ‘Intelligence and Investigations’ (I&I) capabilities.

Furthermore, Sportradar will create a suite of enhanced digital assets connecting tennis fans with new websites, apps and fan-centric products to provide a more dynamic user experience that will be powered by Sportradar’s fast, accurate and reliable data.

Sportradar CEO Carsten Koerl said: “Sportradar is the world leader in helping leagues and federations across the globe maximize the value of their data whilst ensuring the integrity of sport. We’ve partnered with the ITF for almost a decade, and the extension of our agreement is a sign of their continued trust, which is built on a shared commitment to innovation and to driving increased fan engagement. We are passionate about tennis and I’m very proud of the benefits this partnership will bring to an incredible sport.”

ITF President Dave Haggerty commented: “We look forward to our continued partnership with Sportradar as we deliver technology that will help to ensure the protection of integrity and data as well as a digital platform that will enhance the fan experience around ITF World Tennis Tour and major events, including the Billie Jean King Cup.”

About Sportradar
Sportradar is the leading global sports technology company creating immersive experiences for sports fans and bettors. Established in 2001, the company is well-positioned at the intersection of the sports, media and betting industries, providing sports federations, news media, consumer platforms and sports betting operators with a range of solutions to help grow their business. Sportradar employs more than 2,300 full time employees across 19 countries around the world. It is our commitment to excellent service, quality and reliability that makes us the trusted partner of more than 1,600 customers in over 120 countries and an official partner of the NBA, NHL, MLB, NASCAR, FIFA, and ITF. We cover more than 750,000 events annually across 83 sports. With deep industry relationships, Sportradar is not just redefining the sports fan experience; it also safeguards the sports themselves through its Integrity Services division and advocacy for an integrity-driven environment for all involved.

www.sportradar.com

Source: Sportradar Group AG

Media Contact: 
Sandra Lee, Sportradar
comms@sportradar.com

Investor Relations Contact:
Ankit Hira or Ed Yuen
Solebury Trout for Sportradar
investor.relations@sportradar.com

Feedzai Introduces World’s First RiskOps Platform to solve the Problem of FinCrime Software Overload

  • Single, comprehensive cloud-based platform to manage multiple forms of risk and compliance with a fully extensible architecture that allows to instantly go from sandbox to production
  • Human-Centered AI with individualized risk assessment – not cohort-based – embedded across the entire system
  • Collaborative Analytics Suite to further break down the silos between fraud, AML, compliance and risk teams by putting all the data, tools and analytics in one, collaborative space

LAS VEGAS, Oct. 26, 2021 (GLOBE NEWSWIRE) — Today Feedzai announced, at Money20/20 US, the evolution of financial risk management–RiskOps, with the introduction of the World’s First RiskOps Platform. RiskOps is a new approach to risk management that tackles more than just fincrime. RiskOps helps risk management teams stop fraud and money laundering, but also includes tools to comply with regulations and adhere to other revenue, operational, and compliance risk policies such as PSD2, GDPR, and TILA. Chief Risk Officers and their teams spend less time managing point solutions and more time focusing on the bigger issues–how to leverage best strategic thinking from their data scientists and analysts to keep customers happy and feeling safe while growing revenue.

Financial crime is rampant and growing amidst the global shift to digital payments. An estimated $2 trillion — 2.5 percent of global GDP — is laundered every year. This is putting increasing pressure on industry Chief Risk Officers and their teams. As criminals have gotten savvier, the industry has responded with point solutions to address the holes they expose. This has resulted in risk management teams spending their valuable time operating apps, managing and updating software, instead of stopping FinCrime and mitigating risk. This FinCrime Software overload has bogged down risk management and forced CROs to search for more comprehensive solutions.

“The stakes are getting higher for financial institutions. CROs now have to protect more than just digital payments, but also new kinds of currencies, real money, quasi-money, crypto-currency, game tokens, and more,” said Nuno Sebastiao, CEO of Feedzai. “Money is evolving, and organizations have to evolve risk management as well to stay relevant, and to stay in business.”

The Feedzai RiskOps platform includes the following key components:

  1. Comprehensive Architecture. Every phase of the risk journey – launch, prevent, detect, remediate, comply, and adapt – is managed in one platform. The cloud-based platform is architected both for smaller teams to use it from day 1 and larger organizations that want access to a fully customizable suite to meet their goals, align to the values, and exceed customers’ expectations. Its fully extensible architecture allows it to instantly go from sandbox to production with internal models, and 3rd-party solutions.
  2. Human-Centered AI. The company’s approach to AI is to put people at the center of it. With fairness and bias considerations coupled with automatic model monitoring, Feedzai creates hyper-accurate risk profiles for a frictionless customer experience every step of the way. It ensures good people aren’t the victims of bias or other false positives that degrade the trust in the system. And instead of force-fitting generic models, the AI is custom-built specifically for fintech, with schemas and variables that track the flow of money baked in from the start.
  3. Collaborative Analytics Suite. Breaking down the silos between fraud, AML, compliance, and risk teams by putting all the data, tools and analytics they need, in one, collaborative space to create a centralized view of risk. That means all the data available at all times — a single place for the entire team to collaborate and access information they need, so nothing is siloed. Feedzai is sequencing the DNA of risk patterns and democratizing machine learning.
    1. Trust Your Customers with Financial Intelligence Network (FIN)
      FIN is a vast database containing over 1 trillion data points, sessions, and profiles of both good and bad actors. Every user session is kept anonymous, ensuring that people are always treated as people, not as data points.
    2. Accurately Assess Risk with Pulse Risk Engine
      From day one, companies can connect data from various payment channels – even ones that haven’t been invented yet – payment types, devices, networks, behavior, accounts, geolocations, and more. Customers can also use external machine-learning tools or their own rules and models and put them into production with no engineering work. With Feedzai’s integrated platform, models go from sandbox to production with a single click.
    3. Remediate Risk with Case Manager
      Automatically contextualizes information to speed up alert disposition, breaks down silos between risk management teams, and creates a centralized view of risk so analysts transform data points into actionable insights that prevent and detect future attacks.
    4. Uncover Hidden Risk with Genome
      Sequence the DNA of risk and financial crime patterns with Visual Link Analysis to better understand relationships between criminal networks that would otherwise be undetectable.
    5. Manage Risk Better with Insights/Reporting
      Assess the performance of rules and models to optimize effectiveness. Monitor key metrics across your entire risk portfolio including fraud and money laundering.

“Teams no longer have to take an a la carte approach to fraud, money laundering, financial crime, compliance, and risk management. They can now enjoy what so many other teams have come to take for granted: a connected, powerful platform that more than improves every part of their job, it transforms it,” said Nuno Sebastiao, CEO of Feedzai “The end result is very clear: more accounts opened, approval rates soar, false declines plummet. And most importantly, financial institutions win customers’ trust and loyalty like never before.”

Feedzai has been redefining risk management for years, helping teams across the globe achieve successful results. Within months of implementing Feedzai, one multi-national payment provider saw 13 times fewer alerts and reduced fraud losses by $5 million. They were also able to deliver a dramatically improved customer experience.

Feedzai CEO Nuno Sebastiao introduced the concept of RiskOps at an innovative panel at the Money20/20 conference in Las Vegas. The panel, titled “100 ft Wave, 230 MPH, 3000 ft Cliff – Risk Management through the Eyes of World Champions” invited three of the top risk-takers to share how they deal with the risk of extreme sports and how it can be applied to the financial industry. Alex Honnold, the first person to climb Yosemite’s 3,000-foot El Capitan wall without ropes, Danica Patrick, the first female to ever win in IndyCar racing history, and Garrett McNamara officially certified by Guinness World Records for surfing the largest wave ever, joined Feedzai’s CEO, Nuno Sebastiao, on the main stage.

About Feedzai
Feedzai is the world’s first RiskOps platform, and the market leader in safeguarding global commerce with today’s most advanced cloud-based risk management platform, powered by machine learning and artificial intelligence. Feedzai is securing the transition to a cashless world while enabling digital trust in every transaction and payment type. The world’s largest banks, processors, and retailers trust Feedzai to protect trillions of dollars and manage risk while improving the customer experience for everyday users, without compromising privacy. Feedzai is a Series D company and has raised $282M to date with a current valuation of $1.5B. Its technology protects 800 million people in 190 countries. For more information, visit feedzai.com.

Igor Carvalho
Head of Global Communications, Feedzai
igor.carvalho@feedzai.com