VPS

Battery Ventures Promotes Investors Danel Dayan and Max-Julian Kaye to Principal

Retrieved on: 
Thursday, July 27, 2023

Since its founding in 1983, Battery Ventures—with six offices on three continents—has raised 14 families of funds capitalized at more than $13 billion.

Key Points: 
  • Since its founding in 1983, Battery Ventures—with six offices on three continents—has raised 14 families of funds capitalized at more than $13 billion.
  • Battery promoted six investors based in Boston, New York and Menlo Park, including two principals who work closely with the firm’s general partners to source and manage investments.
  • The new principals are Danel Dayan, based in Menlo Park, and Max-Julian Kaye, based in Boston.
  • Kaye, who joined Battery in 2014, focuses on growth-equity and private-equity investments in enterprise software as well as industrial technology and life-science tools.

IONOS Celebrates 25 Years of Innovation and Growth in Web Hosting, Cloud and Internet Services, E-Commerce, Marketing Systems and Consulting

Retrieved on: 
Wednesday, July 26, 2023

In June 1998, the foundation for IONOS was laid with the merger of German internet service providers 1&1 and Schlund + Partner.

Key Points: 
  • In June 1998, the foundation for IONOS was laid with the merger of German internet service providers 1&1 and Schlund + Partner.
  • Achim Weiss, co-founder of Schlund + Partner, has led IONOS through tremendous growth as CEO since 2018.
  • In February this year, IONOS Group became a public company with an initial public offering (IPO) on the Frankfurt Stock Exchange.
  • ISVs can offer their products on the IONOS Cloud Platform and leverage new revenue potential through joint marketing.

BigCommerce Scores 24/24 Total Medals in 2023 Paradigm B2B Combine Midmarket and Enterprise Editions

Retrieved on: 
Thursday, July 20, 2023

BigCommerce (Nasdaq: BIGC), a leading Open SaaS ecommerce platform for fast-growing and established B2C and B2B brands, today announced it has achieved 24 out of 24 total medals in the 2023 Paradigm B2B Combines for Digital Commerce Solutions (Enterprise and Midmarket Editions), surpassing previous analyst evaluations for the fourth consecutive year.

Key Points: 
  • BigCommerce (Nasdaq: BIGC), a leading Open SaaS ecommerce platform for fast-growing and established B2C and B2B brands, today announced it has achieved 24 out of 24 total medals in the 2023 Paradigm B2B Combines for Digital Commerce Solutions (Enterprise and Midmarket Editions), surpassing previous analyst evaluations for the fourth consecutive year.
  • BigCommerce increased its rankings in a total of six categories in both Editions, solidifying its position as a preferred ecommerce platform for midmarket and enterprise B2B brands looking to grow and scale their business.
  • “The progress we’ve made in this year’s Paradigm B2B Combines validates our ability to meet midmarket and enterprise business needs to drive growth and exceed B2B buyer expectations.”
    BigCommerce's platform received 12 medals in the Paradigm B2B (Midmarket Edition) and 12 medals in the Paradigm B2B (Enterprise Edition), including the advancement of Ability to Execute moving from Silver to Gold (Midmarket Edition) for a total of 5 Gold medals and the advancement of Sales & Channel Enablement from Silver to Gold (Enterprise Edition) for a total of 2 Gold medals.
  • BigCommerce is particularly well-suited for both midmarket and enterprise B2B companies looking for a value-priced, partner-centric, multi-tenant SaaS ecommerce solution that leverages an extensive open application marketplace to deliver robust functionality.”

With Cloud Service Attacks on the Rise, Only 48% of Enterprise Security Leaders Say Their Threat Defenses Are Effective

Retrieved on: 
Thursday, July 13, 2023

The survey measured responses of hundreds of senior cybersecurity leaders, CISOs, CIOs, VPs, directors and IT managers to delve into the latest security trends.

Key Points: 
  • The survey measured responses of hundreds of senior cybersecurity leaders, CISOs, CIOs, VPs, directors and IT managers to delve into the latest security trends.
  • With staff shortages persisting, security teams continue to face an uphill battle protecting their networks, particularly given how quickly the cloud landscape is evolving.
  • As AI/ML models become more commonplace within organizations, 49% of security leaders worried about threat actors poisoning those AI/ML models to bypass security protections.
  • Sixty percent of security leaders identified cloud security the most difficult role to fill on their teams.

impact.com Announces Fully Integrated Influencer and Creator Partnership Management Platform, Empowering Brands and Creators to Discover, Create and Manage Long-Term, Productive Partnerships

Retrieved on: 
Tuesday, July 11, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230711535249/en/
    impact.com announces fully integrated influencer and creator partnership management platform, impact.com / creator.
  • Given the sizable creator landscape, marketers say that finding the right partners and evaluating creators against their needs are among their biggest challenges today.
  • impact.com / creator brings creators and brands together in a single platform to discover new partnerships, contract, manage, pay and optimize those partnerships based on comprehensive performance insights.
  • Access to more dynamic content management: Brands and agencies can store, review, share and amplify influencer content directly from their impact.com account.

97% of European companies experience problems with their current payment systems, new Numeral research shows

Retrieved on: 
Thursday, July 6, 2023

PARIS, July 06, 2023 (GLOBE NEWSWIRE) -- Numeral, the leading bank orchestration platform, published new research conducted in partnership with research company OpinionWay, showing that 97% of European finance executives experience pain points in their companies’ payment operations.

Key Points: 
  • PARIS, July 06, 2023 (GLOBE NEWSWIRE) -- Numeral, the leading bank orchestration platform, published new research conducted in partnership with research company OpinionWay, showing that 97% of European finance executives experience pain points in their companies’ payment operations.
  • As companies grow, decision makers encounter challenges, including ensuring that payments initiated are correctly executed, managing payment errors, and managing payment returns.
  • Finance and treasury executives have significant hopes for these investments, with 88% expecting to capture very or extremely important benefits from improving their payment operations.
  • The audience was companies with 250 to 5,000 employees in Germany, France and the UK.

GM, Stellantis, Ford Share Future of Automotive Strategy

Retrieved on: 
Wednesday, June 28, 2023

London, United Kingdom--(Newsfile Corp. - June 28, 2023) - The automotive industry is at a crossroads of breakneck innovation and unprecedented global headwinds.

Key Points: 
  • London, United Kingdom--(Newsfile Corp. - June 28, 2023) - The automotive industry is at a crossroads of breakneck innovation and unprecedented global headwinds.
  • Following the official launch of our flagship event Reuters Events: Automotive USA 2023 (8-9 November, Detroit), it is the perfect time to unveil some of the early confirmed speakers on our Automotive Tech stage - see below!
  • Over 650 Automotive Leaders Under One Roof: We focus on building the most senior gatherings, giving you access to those least accessible.
  • If you are looking to speak with decision makers, then Automotive USA is the event for you.

STUDY: Despite 84% of Businesses Claiming to Prioritize Third-Party Risk Management, More Than 40% Of Companies Have Insufficient Visibility Over Their Digital Supply Chain

Retrieved on: 
Wednesday, June 28, 2023

The report delves into the increasing risks of cyberattacks in today's digital supply chain, a growing concern for businesses worldwide.

Key Points: 
  • The report delves into the increasing risks of cyberattacks in today's digital supply chain, a growing concern for businesses worldwide.
  • Some key findings from the report include:
    84% of organizations prioritize third-party security risk management, indicating a growing awareness of the potential threats posed by third-party relationships.
  • 43% have an insufficient view of 4th party vendor security risks, revealing a need for enhanced visibility across the entire supply chain.
  • "However, our report indicates that many companies are not fully utilizing effective strategies for continuous risk monitoring and visibility across the digital supply chain."

C-suite to Increase Hiring as a Result of Generative AI, According to New Upwork Study

Retrieved on: 
Tuesday, June 27, 2023

The study, conducted among 1,400 U.S. business leaders—senior managers through C-suite level—by Upwork’s newly created Research Institute, reveals that while there may be variation in generative AI adoption across companies, two-thirds of C-suite leaders agree that they will increase hiring as a result of generative AI.

Key Points: 
  • The study, conducted among 1,400 U.S. business leaders—senior managers through C-suite level—by Upwork’s newly created Research Institute, reveals that while there may be variation in generative AI adoption across companies, two-thirds of C-suite leaders agree that they will increase hiring as a result of generative AI.
  • Key findings include:
    Companies will hire more as a result of generative AI.
  • There is a disconnect between the C-suite and their leadership team around whether or not their company is embracing generative AI.
  • “The early findings from our study reveal that embracing generative AI throughout all levels of an organization will be imperative, ” said Kelly Monahan, managing director, Upwork Research Institute.

Frontline Growth’s New Report Outlines How the Growth of the European Ecosystem is Driving Competition for SaaS Startup Expansion

Retrieved on: 
Thursday, June 22, 2023

Frontline Growth , a growth-stage venture capital fund for U.S.-based software companies expanding into Europe, today announced the release of its second European Expansion Report.

Key Points: 
  • Frontline Growth , a growth-stage venture capital fund for U.S.-based software companies expanding into Europe, today announced the release of its second European Expansion Report.
  • While a recalibration to fundamental business metrics is healthy, it has led many U.S. companies to halt their geographic expansion plans.
  • By de-prioritizing European expansion, companies forgo capitalizing on a massive, new market – one that represents one-third of all global revenue for public software businesses.
  • Frontline Growth’s 2023 report reveals four key expansion trends that have emerged over the past few years:
    The consequences of delaying European expansion are higher than ever.