Perceptive Software

Apyx Medical Corporation Announces New Debt Facility with Perceptive Advisors

Retrieved on: 
Thursday, November 9, 2023

Apyx Medical Corporation (NASDAQ:APYX) (the “Company”), the manufacturer of a proprietary helium plasma and radiofrequency technology marketed and sold as Renuvion®, today announced that the Company and its subsidiaries have entered into a new, five-year credit agreement with Perceptive Credit Holdings IV, LP (“Perceptive”), an affiliate of Perceptive Advisors.

Key Points: 
  • Apyx Medical Corporation (NASDAQ:APYX) (the “Company”), the manufacturer of a proprietary helium plasma and radiofrequency technology marketed and sold as Renuvion®, today announced that the Company and its subsidiaries have entered into a new, five-year credit agreement with Perceptive Credit Holdings IV, LP (“Perceptive”), an affiliate of Perceptive Advisors.
  • “We are excited to announce this new debt facility with Perceptive Advisors,” said Charlie Goodwin, President and Chief Executive Officer.
  • The Perceptive credit facility matures on November 8, 2028 and includes an initial loan of $37.5 million and a delayed draw loan of $7.5 million.
  • The obligations under the Perceptive credit facility are secured by first priority liens on substantially all of the assets of the Company.

GeneDx Reports Third Quarter 2023 Financial Results and Business Highlights

Retrieved on: 
Monday, October 30, 2023

ET

Key Points: 
  • ET
    STAMFORD, Conn., Oct. 30, 2023 (GLOBE NEWSWIRE) -- GeneDx Holdings Corp. (Nasdaq: WGS), a leader in delivering improved health outcomes through genomic and clinical insights, today reported its financial results for the third quarter of 2023.
  • Test Volume: Total tests resulted in the third quarter of 2023 were nearly 58,000, compared to nearly 45,000 for the third quarter of 2022.
  • Gross Margin: Adjusted gross margin from continuing operations expanded to 48% in the third quarter of 2023, up sequentially from 37% in the second quarter of 2023.
  • Total Company results reported today for the third quarter of 2023 include GeneDx’s continuing operations and the financial impacts of exited Legacy Sema4 business activities.

AS Software Announces Appointment of Experienced Software Executives Scott Coons and Thomas Schneck to Board of Directors

Retrieved on: 
Tuesday, February 28, 2023

Coons and Schneck bring more than 50 combined years of software leadership experience to the company.

Key Points: 
  • Coons and Schneck bring more than 50 combined years of software leadership experience to the company.
  • Coons previously co-founded Perceptive Software in 1995, which provides enterprise content management software solutions.
  • Coons led the company from its inception through its rapid growth and ultimate sale to Lexmark International, where he later became President of Lexmark Enterprise Software.
  • AS Software CEO David Lintz recently spoke of the value Coons and Schneck bring to AS Software.

Innoviz Technologies Provides Commercial Updates and Reports Second Quarter 2022 Financial Results

Retrieved on: 
Wednesday, August 10, 2022

TEL AVIV, Israel, Aug. 10, 2022 /PRNewswire/ -- Innoviz Technologies Ltd. (Nasdaq: INVZ) (the "Company" or "Innoviz"), a Tier-1 supplier of high-performance, solid-state LiDAR sensors and perception software, today provided updates on commercial traction, technology leadership, and corporate development and reported its financial results for the second quarter ended June 30, 2022.

Key Points: 
  • TEL AVIV, Israel, Aug. 10, 2022 /PRNewswire/ -- Innoviz Technologies Ltd.(Nasdaq: INVZ) (the "Company" or "Innoviz"), a Tier-1 supplier of high-performance, solid-state LiDAR sensors and perception software, today provided updates on commercial traction, technology leadership, and corporate development and reported its financial results for the second quarter ended June 30, 2022.
  • Revenues for the second quarter of 2022 were $1.8 million, compared to $1.0 million in the second quarter of 2021.
  • Operating expenses for the second quarter of 2022 were $28.8 million, a decrease from $70.7 million in the second quarter of 2021.
  • Research and development expenses for the second quarter of 2022 were $21.9 million, a decrease from $32.1 million in the second quarter of 2021.

Visionary.ai and Innoviz Partner to Improve the Power and Accuracy of Machine Vision

Retrieved on: 
Wednesday, June 22, 2022

JERUSALEM and TEL AVIV, Israel, June 22, 2022 /PRNewswire/ -- Visionary.ai, a developer of software-based image signal processor (ISP) technology, and Innoviz (NASDAQ: INVZ), a leading provider of high-performance, automotive-grade LiDAR sensors and perception software, today announced a new partnership to combine Visionary.ai's imaging technology with Innoviz's LiDAR sensors and perception software. Combined, the two technologies aim to improve 3D machine vision performance for a wide range of applications including robotics, smart cities, and drones.

Key Points: 
  • Combined, the two technologies aim to improve 3D machine vision performance for a wide range of applications including robotics, smart cities, and drones.
  • Visionary.ai's True Night Vision technology leverages Artificial Intelligence (AI) to dramatically enhance image quality for machine vision, especially in challenging and low-light conditions.
  • By improving accuracy in difficult imaging circumstances, we're able to offer game-changing technology, that together with Innoviz's LiDAR technology can improve machine vision applications across many applications."
  • "We are pleased to join forces to offer an advanced machine vision solution to many applications that need it for safety."

Visionary.ai and Innoviz Partner to Improve the Power and Accuracy of Machine Vision

Retrieved on: 
Wednesday, June 22, 2022

JERUSALEM and TEL AVIV, Israel, June 22, 2022 /PRNewswire/ -- Visionary.ai, a developer of software-based image signal processor (ISP) technology, and Innoviz (NASDAQ: INVZ), a leading provider of high-performance, automotive-grade LiDAR sensors and perception software, today announced a new partnership to combine Visionary.ai's imaging technology with Innoviz's LiDAR sensors and perception software. Combined, the two technologies aim to improve 3D machine vision performance for a wide range of applications including robotics, smart cities, and drones.

Key Points: 
  • Combined, the two technologies aim to improve 3D machine vision performance for a wide range of applications including robotics, smart cities, and drones.
  • Visionary.ai's True Night Vision technology leverages Artificial Intelligence (AI) to dramatically enhance image quality for machine vision, especially in challenging and low-light conditions.
  • By improving accuracy in difficult imaging circumstances, we're able to offer game-changing technology, that together with Innoviz's LiDAR technology can improve machine vision applications across many applications."
  • "We are pleased to join forces to offer an advanced machine vision solution to many applications that need it for safety."

Hyland releases latest content services and intelligent automation product enhancements

Retrieved on: 
Tuesday, March 29, 2022

CLEVELAND, March 29, 2022 /PRNewswire/ -- Hyland, recognized by Gartner as a content services industry leader for 12 consecutive years, launched new product functionality, enhancements and innovative industry solutions to support organizations along their digital transformation and technology modernization journeys. Its latest releases across its product portfolio include innovative new functionality and enhancements that deliver improved automation, user experience and platform scalability to ensure Hyland's global customer base has the most modern, secure and innovative technology powering their businesses.

Key Points: 
  • Its latest releases across its product portfolio include innovative new functionality and enhancements that deliver improved automation, user experience and platform scalability to ensure Hyland's global customer base has the most modern, secure and innovative technology powering their businesses.
  • "Our regular product releases provide immense value to organizations, regardless of where they are in their digital transformation journeys," said John Phelan, executive vice president and chief product officer at Hyland.
  • Productivity enhancements to the Perceptive Content Experience Apps help simplify tasks for users, ensuring content remains accessible across the process life cycle.
  • Hyland is a leading content services provider that enables thousands of organizations to deliver better experiences to the people they serve.

SalesLoft Surpasses $100 Million in Annual Recurring Revenue

Retrieved on: 
Wednesday, August 18, 2021

The revenue achievement is the latest in a series of accomplishments for the sales engagement leader, which has grown recurring revenue nearly 40% since reporting a valuation exceeding $1 billion in early 2021.

Key Points: 
  • The revenue achievement is the latest in a series of accomplishments for the sales engagement leader, which has grown recurring revenue nearly 40% since reporting a valuation exceeding $1 billion in early 2021.
  • As companies have pivoted to a full digital selling motion, SalesLoft has become a mission critical partner and platform.
  • "We are grateful to serve the best companies in the world and help their sellers exceed their revenue goals.
  • SalesLoft recently acquired revenue consulting firm InStereo , adding consulting expertise for guiding enterprises through sales transformation initiatives.

Archer Expands Executive Team to Support Next Phase of Growth

Retrieved on: 
Thursday, August 5, 2021

Archer, an RSA business, today announced the expansion of the executive team with four new members to support key areas of strategic and operational development.

Key Points: 
  • Archer, an RSA business, today announced the expansion of the executive team with four new members to support key areas of strategic and operational development.
  • Collectively, the executive additions bring more than 80 years of experience from their areas of expertise.
  • The tremendous change and growth weve experienced over the past year has been very exciting, said Bill Diaz, CEO of Archer.
  • An important part of our continued expansion is the addition of these executives into key roles for Archers next chapter.

Kofax Acquires PSIGEN

Retrieved on: 
Wednesday, June 2, 2021

Kofax , a leading supplier of Intelligent Automation software for digital workflow transformation, today announces it has acquired PSIGEN Software, Inc., a provider of document capture, content management and workflow automation software and solutions.

Key Points: 
  • Kofax , a leading supplier of Intelligent Automation software for digital workflow transformation, today announces it has acquired PSIGEN Software, Inc., a provider of document capture, content management and workflow automation software and solutions.
  • Were thrilled to join Kofax and become a part of their impressive intelligent automation portfolio, says Bruce Hensley, PSIGENs founder and Chief Executive Officer.
  • Read more on the Kofax Blog and follow us on LinkedIn and Twitter .
  • 2021 Kofax, Inc. Kofax is a registered trademark of Kofax Limited.