Accel | Jotup

Rasa Raises $30 Million Series C Co-led by StepStone Group and PayPal Ventures, Andreessen Horowitz, Accel and Basis Set Ventures for Enterprise Conversational AI

Retrieved on:

Wednesday, February 14, 2024

Internet, Data Management, Technology, Artificial Intelligence, Software, StepStone Group, CALM, Architecture, UI, Multimedia, AI, Customer success, Accel, Conversation, Deutsche Telekom

Rasa , the leading generative conversational AI platform today announced the completion of its $30 million Series C funding round, co-led by StepStone Group and PayPal Ventures, with participation from Andreessen Horowitz (a16z), Accel, and Basis Set Ventures.

Key Points:

Rasa , the leading generative conversational AI platform today announced the completion of its $30 million Series C funding round, co-led by StepStone Group and PayPal Ventures, with participation from Andreessen Horowitz (a16z), Accel, and Basis Set Ventures.
We will use the funding to advance our technological leadership and strengthen our market presence.”
Dr. Alan Nichol, Rasa Co-Founder and CTO, added, “At Rasa we’ve reinvented how conversational AI works.
Rasa powers sophisticated and robust AI assistants aligned with customers’ business logic that provide meaningful and practical user engagement.
“We are thrilled to mark the launch of our AI Fund with our investment in Rasa,” said Alan Du, PayPal Ventures partner.

MINT Appoints Lorenzo Larini as New CEO to Drive Global Expansion

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Thursday, January 25, 2024

Economic development, Woman, Accel, Advertising, MINT, Harambe Entrepreneur Alliance, ARM, GV (company), Committee, General partnership, Larini, Growth, Management

NEW YORK, Jan. 25, 2024 (GLOBE NEWSWIRE) -- MINT , the global leader in advertising resource management (ARM) software, has announced the appointment of Lorenzo Larini as global CEO as the company embarks on the next phase of its global expansion.

Key Points:

NEW YORK, Jan. 25, 2024 (GLOBE NEWSWIRE) -- MINT , the global leader in advertising resource management (ARM) software, has announced the appointment of Lorenzo Larini as global CEO as the company embarks on the next phase of its global expansion.
Larini joins MINT following his tenure as CEO at Ipsos North America and will be based in the company’s New York office, where he will oversee the continued expansion of the company in the US and globally.
Prior to Ipsos, he held senior executive roles within Gartner’s technology division, and brings a wealth of experience in developing business growth strategies for global media and technology players.
I’m proud to have succeeded in making MINT the ‘place to be’ for people of talent, vision, and ability.

Locofy.ai's Accelerates Web Design-To-Code with AI as It Pioneers Large Design Models

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Tuesday, January 16, 2024

Honey, Adobe, IDC, Research, Accel, Heart, 1-Click, Workload, AI, Developer, Workflow, ChatGPT, Software, Investment, International Data Group, Burnout, Data, Logic, Online shopping

Large Design Models, created in-house by Locofy.ai, can be used to turn designs into rich code, saving developer time. Locofy.ai announces the launch of Locofy Lightning, accelerating the design-to-code transformation.

Key Points:

In a significant stride for frontend web development, Singapore-headquartered Locofy.ai has announced the launch of their Large Design Models (LDMs) and a new product, Locofy Lightning, which uses their LDMs to provide a pioneering 1-click technology that converts Figma designs into web frontend code.
Leveraging Locofy's Large Design Models (LDMs) built in-house, Locofy Lightning will save developers up to 80% of the time it takes to code the user interface from scratch.
At the heart of Locofy Lightning lies a technology stack built in house, particularly the use of Large Design Models (LDMs).
The beta release for Figma to web frontend is available as of 16 January 2024, with a 1-click solution for mobile apps on the horizon.

Ntracts Secures Significant Investment from Accel-KKR

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Wednesday, December 13, 2023

Software, General Health, Professional Services, Data Management, Technology, Hospitals, Health Technology, Data Analytics, Other Professional Services, Legal, Practice Management, Health, Growth, Lifecycle management, Accel, Partnership, Accel-KKR, Cryptocurrency

Ntracts, a leading contract lifecycle management solution for healthcare organizations, today announced a significant capital investment from Accel-KKR, a global technology-focused private equity firm.

Key Points:

Ntracts, a leading contract lifecycle management solution for healthcare organizations, today announced a significant capital investment from Accel-KKR, a global technology-focused private equity firm.
The investment will help Ntracts accelerate its go-to-market strategies and continue to seek to lead the market with product innovations.
Furthermore, Ntracts’ implementation roadmap emphasizes partnership and collaboration with each client, and Ntracts takes on the full responsibility of each implementation.
“Ntracts’ contract management software is a powerful tool that can help healthcare organizations of all sizes manage their contracts more efficiently and effectively.”
Brentwood Capital Advisors acted as exclusive financial advisor to Ntracts.

Rhythms Secures $26 Million in Seed Funding to Revolutionize Organizational Performance and Transform the Future of Work

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Thursday, December 7, 2023

Finance, Professional Services, Technology, Artificial Intelligence, Software, Corporation, Organization, Workforce, Artificial intelligence, Happiness, Cooperative, AI, Microsoft, Workplace, Sales, Management, Rhythm, Greenoak International School, Accel

Rhythms is developing a first-of-its-kind AI-powered Operating System to transform the future of work, enabling every organization to achieve best-in-class performance and productivity.

Key Points:

Rhythms is developing a first-of-its-kind AI-powered Operating System to transform the future of work, enabling every organization to achieve best-in-class performance and productivity.
The system seamlessly integrates with existing tools and workflows, making it easy for teams to adopt and achieve higher productivity in every part of their work.
“The rise of AI and the continued popularity of hybrid workplaces are two of the defining trends of our time.
“Few people in the world have mastery of what drives organizational performance and the ability to develop remarkable software that enhances it.

New Relic Appoints Ashan Willy as Chief Executive Officer

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Monday, December 4, 2023

Software, Technology, Engineering, Manufacturing, TPG, Love, Cisco, Francisco Partners, CapitalG, Growth, Cisco Webex, Poly Inc., TPG Inc., Accel, Management, Proofpoint, New Relic

New Relic, the all-in-one observability platform for every engineer, announced that Ashan Willy has been appointed Chief Executive Officer, effective December 4.

Key Points:

New Relic, the all-in-one observability platform for every engineer, announced that Ashan Willy has been appointed Chief Executive Officer, effective December 4.
“The opportunity ahead of us is significant, and I believe New Relic is uniquely positioned to address customers’ evolving needs and expectations.
“We are thrilled to welcome Ashan to New Relic at such an exciting time for the company.
“Ashan has deep experience transforming businesses through data, putting New Relic in a great position to continue innovating and growing in service of its customers.

Privacera Unveils AI and Data Security Governance Predictions for 2024

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Monday, December 11, 2023

LLM, Policy, Organization, Privacy, GDPR, Ecosystem, Automation, DSPS, DSP, Growth, AI, Snowflake, Insight Partners, Accel, AWS, Enterprise, Medical device, Customer service, Video game

FREMONT, Calif., Dec. 11, 2023 /PRNewswire/ -- Privacera, the AI and data security governance company founded by the creators of Apache Ranger™, is revealing its trends and predictions for AI and data security governance for 2024.

Key Points:

FREMONT, Calif., Dec. 11, 2023 /PRNewswire/ -- Privacera, the AI and data security governance company founded by the creators of Apache Ranger™, is revealing its trends and predictions for AI and data security governance for 2024.
These emerging trends and predictions are poised to shape the landscape of AI and data security governance.
Privacera's 2024 AI and data security governance trends and predictions include:
As generative AI continues to evolve at breaking speeds, in 2024, we expect more organizations will begin to use sensitive data to train their AI models and Large Language Models (LLMs) to harness the true value of generative AI.
Privacera advises organizations to adapt their data security governance frameworks to accommodate these additional use cases, emphasizing the need for a proactive approach and continuous fine-grained policy-based security enforcement.

Syrup Secures $17.5M to Help Retailers Accurately Predict and Meet Consumer Demand with AI

Retrieved on:

Friday, December 1, 2023

Series, Accel (company), Yoy, Engineering, Accel, Faherty Brand, Forecasting, Management, Syrup

The $17.5M round is led by Accel Partners with participation from existing investors Gradient Ventures and 1984 Ventures.

Key Points:

The $17.5M round is led by Accel Partners with participation from existing investors Gradient Ventures and 1984 Ventures.
"Our goal is to help brands sell more and waste less, every day," notes James Theuerkauf, CEO and Co-founder of Syrup Tech.
"Even better, the forecast accuracy enables us to achieve our sustainability goal of producing just enough product to meet demand."
"We believe Syrup Tech is well positioned to lead in the next wave of AI-powered retail technology."

Dovetail Appoints Kate Andrews as Head of Technology and Expands Leadership Team with a Suite of Senior Executives

Retrieved on:

Tuesday, November 28, 2023

SAN FRANCISCO and SYDNEY, Nov. 28, 2023 /PRNewswire-PRWeb/ -- Dovetail, the leading customer research platform, has announced the appointment of Kate Andrews as Head of Technology, as well as several other key appointments across its C-suite.

Key Points:

After a successful $63m Series A led by Accel, the company has bolstered its leadership team by bringing on board several experienced senior executives.
Sara Caldwell (Reforge, Asana) has been added as Head of Customer Experience, Tom Mansfield (Zoomo, Visa) joined as Head of Marketing, and Pirow Cronje (Atlassian) is Head of Operations and Finance.
Previously Head of Engineering at Dovetail, Andrews has a long and successful history of leading engineering teams at fast-paced tech companies.
Dovetail has bolstered its C-suite with several other new executives, including Sara Caldwell as Head of Customer Experience, Tom Mansfield as Head of Marketing, and Pirow Cronje as Head of Operations.

Lower Appoints Industry Titan Amir Syed as Chief Growth Officer

Retrieved on:

Tuesday, November 7, 2023

Accel, Opendoor, Life, VC, Digital, Lower

COLUMBUS, Ohio, Nov. 7, 2023 /PRNewswire/ -- Mortgage fintech Lower today announces the addition of Amir Syed, standout top producer and co-founder of Growth Only Coaching, as its Chief Growth Officer.

Key Points:

COLUMBUS, Ohio, Nov. 7, 2023 /PRNewswire/ -- Mortgage fintech Lower today announces the addition of Amir Syed, standout top producer and co-founder of Growth Only Coaching, as its Chief Growth Officer.
"The atmosphere is ecstatic with Amir joining the Lower Family of Companies," said Lower Co-Founder and Managing Partner Mike Baynes.
"Amir's immense energy, proven track record, and expert ability to nurture talent align perfectly with the explosive growth Lower is driving.
In addition to driving over $1 billion in loan volume, Amir Syed is the co-founder of the leading modern loan officer coaching platform, Growth Only Coaching.