Accel

American Integration Contractors, LLC (AIC) Announces the Acquisition of Accel Protection and Technologies, LLC

Retrieved on: 
Tuesday, August 15, 2023

American Integration Contractors, LLC (AIC), a leading systems integrator specializing in delivering advanced technologies to public safety, announced today that it has acquired the assets of Accel Protection and Technologies, LLC (Accel), a community-focused systems integration firm.

Key Points: 
  • American Integration Contractors, LLC (AIC), a leading systems integrator specializing in delivering advanced technologies to public safety, announced today that it has acquired the assets of Accel Protection and Technologies, LLC (Accel), a community-focused systems integration firm.
  • Together, AIC and Accel are now even better positioned to provide customers with robust solutions to complex problems.
  • “Bringing together AIC and Accel is a major boost to our already strong momentum and growth in the systems integration space.
  • About American Integration Contractors, LLC (AIC) – AIC is the leading provider of collaborative systems along the Gulf Coast and has been nationally recognized for innovative command/control applications.

CYBERSECURITY STARTUP PROJECTDISCOVERY ANNOUNCES $25M SERIES A FINANCING AND LAUNCH OF PROJECTDISCOVERY CLOUD PLATFORM

Retrieved on: 
Thursday, August 17, 2023

SAN FRANCISCO, Aug. 17, 2023 /PRNewswire/ -- ProjectDiscovery, the open source powered security company that specializes in the detection of new, exploitable vulnerabilities, today announced that it has raised $25 million in a Series A financing round led by CRV, with participation from Point72, SignalFire, Rain Capital, Mango Capital, Accel, Lightspeed, Guillermo Rauch, Caleb Sima and Talha Tariq, among others. At the same time, the company announced the launch of its ProjectDiscovery Cloud Platform, a fully-managed SaaS platform built on top of ProjectDiscovery's most popular open source tools to enable enterprises to discover and remediate vulnerabilities at scale.

Key Points: 
  • At the same time, the company announced the launch of its ProjectDiscovery Cloud Platform, a fully-managed SaaS platform built on top of ProjectDiscovery's most popular open source tools to enable enterprises to discover and remediate vulnerabilities at scale.
  • Andy Cao, Chief Operating Officer of ProjectDiscovery, said, "ProjectDiscovery already stands as an extraordinary success story in open-source cybersecurity.
  • ProjectDiscovery Cloud Platform represents the company's first commercial offering to bring all of ProjectDiscovery's most popular open source tools to the enterprise in an easy-to-use, hosted platform.
  • Over 3,000 organizations and engineers registered for the ProjectDiscovery Cloud Platform beta, reflecting the powerful engagement that has given ProjectDiscovery one of the fastest growing open-source communities in the cybersecurity industry.

Accel Kicks-Off Atoms 3.0 Program with AI and Industry 5.0 focused Cohorts; unveils cohort structure

Retrieved on: 
Wednesday, August 9, 2023

Since the launch of the program in August 2021, Atoms has invested in 24 companies across two cohorts.

Key Points: 
  • Since the launch of the program in August 2021, Atoms has invested in 24 companies across two cohorts.
  • The revamped Atoms 3.0 program, based on valuable feedback from previous cohorts and the broader ecosystem, introduces a sector-based approach.
  • The AI cohort will be led by Prayank Swaroop , while the Industry 5.0 cohort will be spearheaded by Barath Shankar Subramanian .
  • The applications for the AI and Industry 5.0 cohorts of Atoms 3.0 are now open and will close on 10th September 2023 for AI and 23rd September 2023 for Industry 5.0.

Balanced Bridge Funding Named One of 2023 Best Places to Work by Philadelphia Business Journal

Retrieved on: 
Monday, July 31, 2023

WAYNE, Pa., July 31, 2023 /PRNewswire/ -- Balanced Bridge Funding was named one of 2023's Best Places to Work by The Philadelphia Business Journal.

Key Points: 
  • WAYNE, Pa., July 31, 2023 /PRNewswire/ -- Balanced Bridge Funding was named one of 2023's Best Places to Work by The Philadelphia Business Journal.
  • It is a prestigious award given to those companies that treat their employees well and create a hospitable work environment.
  • Joseph Genovesi, CEO of Balanced Bridge Funding and its subsidiary Accel Real Estate Commission Advance , says, "it is an honor for Balanced Bridge Funding to be recognized by The Philadelphia Business Journal as one of 2023's Best Places to Work."
  • According to the Philadelphia Business Journal, the companies that are named to the list are based exclusively on the responses from the employees.

COLOPL Group Blockchain Game Company Brilliantcrypto, Announces Partnership with 7 Guild/DAO Organizations Globally

Retrieved on: 
Friday, July 21, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230720303814/en/
    Partnership with 7 Guild/DAO Organizations Globally (Graphic: Business Wire)
    Through these partnerships, Brilliantcrypto, the sustainable play-to-earn game, will advance onto the world stage through reaching these territories in which many blockchain game users reside.
  • Their community actively engages in the web3 economy by creating content, embarking on quests, and taking part in esports tournaments.
  • GuildQB has also been active in physical events, exhibiting at the Tokyo Game Show and Blockchain Expo in 2022.
  • They manage Guild, Inc., which has NFT Game guilds and also the objective of accelerating business cooperation between Japan and Africa.

Wing Announces Wing Four: A $600 Million Fund Fueling the AI-First Transformation of Business

Retrieved on: 
Thursday, July 13, 2023

Today, Wing , an early-stage investor and long-term company builder in B2B technology, announced that it has closed Wing Four, a new $600 million investment fund.

Key Points: 
  • Today, Wing , an early-stage investor and long-term company builder in B2B technology, announced that it has closed Wing Four, a new $600 million investment fund.
  • “Wing Four represents our commitment to driving the AI transformation of business,” said Gaurav Garg, Founding Partner at Wing.
  • "Such companies are the best expression of why we founded Wing: to empower our founders and their customers to do their best work."
  • The DMC Shift laid the groundwork for practical AI to deliver widespread business value, enabling the new AI-first super-cycle to begin in earnest.

Construction Fintech Startup Trunk Tools Announces Launch with $9.9M in Seed Funding

Retrieved on: 
Thursday, July 13, 2023

Trunk Tools , a construction-focused fintech startup that addresses the skilled labor shortage by helping workers get paid faster, announced its launch out of stealth with $9.9 million in seed funding.

Key Points: 
  • Trunk Tools , a construction-focused fintech startup that addresses the skilled labor shortage by helping workers get paid faster, announced its launch out of stealth with $9.9 million in seed funding.
  • Trunk Tools has also been accepted into the latest cohort for Stanford dy/dx, a program supported by Sequoia Capital, Accel, Lightspeed, Index, Innovation Endeavors.
  • “Trunk Tools empowers construction professionals to optimize workflows, enhance collaboration, and achieve unprecedented levels of efficiency.
  • As an exceptional, fast-growing business spearheaded by a highly skilled and qualified team, we are thrilled to support Trunk Tools’ growth and success.”

Investing Platform Public Launches in the United Kingdom

Retrieved on: 
Thursday, July 13, 2023

LONDON, July 13, 2023 /PRNewswire/ -- Public, a US-based multi-asset investing platform, launches today in the United Kingdom, entering its first market outside the United States. With the firm's UK expansion, Public aims to be the preeminent place to invest in US-listed equities, offering over 5,000 stocks, deep data and insights, and a simple and transparent fee structure with zero commission trading and low FX fees.

Key Points: 
  • LONDON, July 13, 2023 /PRNewswire/ -- Public , a US-based multi-asset investing platform, launches today in the United Kingdom, entering its first market outside the United States.
  • Many of these features are available to all Public members, while some are part of Public Premium, the company's paid subscription tier.
  • "Our first goal with launching Public in the UK is to be the best place to invest in US stocks," said Dann Bibas, GM of International at Public.
  • Public aims to launch Investment Plans in the UK, a tool that allows members to create customized recurring investments.

Investing Platform Public Launches in the United Kingdom

Retrieved on: 
Thursday, July 13, 2023

LONDON, July 13, 2023 /PRNewswire/ -- Public, a US-based multi-asset investing platform, launches today in the United Kingdom, entering its first market outside the United States. With the firm's UK expansion, Public aims to be the preeminent place to invest in US-listed equities, offering over 5,000 stocks, deep data and insights, and a simple and transparent fee structure with zero commission trading and low FX fees.

Key Points: 
  • LONDON, July 13, 2023 /PRNewswire/ -- Public , a US-based multi-asset investing platform, launches today in the United Kingdom, entering its first market outside the United States.
  • Many of these features are available to all Public members, while some are part of Public Premium, the company's paid subscription tier.
  • "Our first goal with launching Public in the UK is to be the best place to invest in US stocks," said Dann Bibas, GM of International at Public.
  • Public aims to launch Investment Plans in the UK, a tool that allows members to create customized recurring investments.

Silver Lake and CPP Investments Complete Acquisition of Qualtrics

Retrieved on: 
Wednesday, June 28, 2023

Qualtrics, the leader and creator of the experience management (XM) software category, today announced the completion of its acquisition by Silver Lake, the global leader in technology investing, in partnership with Canada Pension Plan Investment Board (CPP Investments).

Key Points: 
  • Qualtrics, the leader and creator of the experience management (XM) software category, today announced the completion of its acquisition by Silver Lake, the global leader in technology investing, in partnership with Canada Pension Plan Investment Board (CPP Investments).
  • Silver Lake and its co-investors, together with CPP Investments, have acquired 100% of the outstanding shares in Qualtrics that Silver Lake does not already own, including the entirety of SAP’s majority ownership interest.
  • With the completion of the transaction, Qualtrics stockholders, including SAP, are entitled to receive $18.15 in cash for each share of Qualtrics common stock they owned.
  • J.P. Morgan acted as financial advisor and Latham & Watkins LLP and Simpson Thacher & Bartlett LLP acted as legal advisors, with regard to the transaction and to the debt financing, respectively, to Silver Lake and CPP Investments.