Święty recognized for blending innovation and new approaches within the legal tech security landscape

Relativity, a global legal technology company, today announced its Chief Security Officer, Marcin Święty has been named CISO of the Year in the 7^th annual CyberSecurity Breakthrough Awards program conducted by CyberSecurity Breakthrough, a leading independent market intelligence organization that recognizes the top companies, technologies and products in the global information security market today.

Święty, based in Krakow, Poland, manages Calder7, Relativity's in-house global security team, overseeing more than 50 cybersecurity, product security, and compliance and risk specialists to deliver the company's fully integrated security program. Thousands of organizations trust Relativity with their most sensitive data and under Święty's leadership, Calder7 continues to create a more secure world with a security-first mindset, educating customers and partners on how to guard against the latest cybersecurity threats, while providing industry-leading security tools and intelligence.  

"I am humbled by this recognition, which was made possible by the privilege of working with my incredible Calder7 team. The award serves as a reminder of the value of security processes and best practices that help our organization, partners and customers protect the most sensitive and important data in the world," said Święty. "Together with Calder7 and the entire Relativity organization, I look forward to continuing to redefine organizational security within our company while also providing best-in-class security for our customers."

"Under Marcin, Relativity is continuing to advance Calder7's mission to become an enablement function within their business, influencing company culture and attitude around security," said Steve Johansson, managing director, CyberSecurity Breakthrough. "Blending innovation and new approaches to the security landscape with a deeper approach than most is what makes Marcin Święty our 2023 CISO of the Year!"

Given the sensitive nature of legal work, the legal sector is particularly vulnerable to cyber attacks, heightening the importance of having a robust security program with forward-thinking leadership. In a recent report, security breaches, data loss, hacking, and ransomware were rated as high risks by 42% of law firm business leaders.

Święty and his team have worked to help address security pain points facing the legal industry with the successful rollouts of programs such as RelativityOne Security Center and the free-to-use Relativity Threat Intel Feed. RelativityOne Security Center provides RelativityOne customers with a single place to act upon their most pressing security concerns through heightened transparency and easy to act upon security alerts. Relativity's Threat Intel Feed provides interested users with a free-to-use API plug-in that provides greater visibility into the current and future facing threats potentially impacting their organizations.  

Relativity also recently launched new AI-powered solutions to solve for personal information detection and data breach response challenges in the legal industry. Relativity Personal Information Detect improves the accuracy of personal information identification to better protect customers' most sensitive or confidential information. Relativity Data Breach Response empowers users to easily assess a data breach's impact and build notification lists with confidence. This will transform how organizations identify and respond to data breaches, ensuring timely notifications are sent to maintain organizational credibility.

Battery Ventures Recognizes Couchbase Among Public Cloud Companies With Highest Levels of Self-Reported Employee Satisfaction

Couchbase, Inc., the cloud database platform company, today announced its recognition as one of the highest-rated cloud computing companies to work for, in the sixth-ever list released by Battery Ventures, the global, technology-focused investment firm, created with data provided by Glassdoor.* The distinction placed Couchbase at number nine out of 25 companies with an overall company ranking of 4.45, compared to the broader average ranking across Glassdoor of 3.7.

The list recognizes the top 25 public and top 25 private companies — all business-to-business (B2B), cloud-computing companies — where employees self-report the highest levels of satisfaction at work, according to feedback shared on Glassdoor, a provider of insights about jobs and companies.

"Couchbase is a values-driven organization that strives to make tomorrow better than today for customers, partners and each other. Our values also include being a great human with integrity, attacking hard problems and playing to win together while also serving our families," said Fidelma Butler, chief people officer at Couchbase. "Couchbase's mission is to simplify how organizations develop, deploy and run modern applications wherever they are, and it is our world-class team who enable that. We are honored to be named one of the highest-rated cloud computing companies to work for and deeply appreciate the many contributions by our dedicated team who make Couchbase a terrific place to work."

Couchbase is committed to building and supporting an engaged, diverse and inclusive global team. Additional recent workplace awards Couchbase has been honored with include UK's Best Workplaces in Tech 2022 and Fortune's Best Workplaces in the Bay Area 2022.

"The companies on this year's Highest-Rated Cloud-Computing Companies To Work For list have managed to create and preserve stellar corporate cultures during a very tumultuous time in the technology markets — and also as traditional workplace norms, like working in the office, have dramatically shifted post-COVID," said Neeraj Agrawal, a cloud-computing investor and Battery general partner. "Cultivating employee happiness and satisfaction is more challenging than ever, so we commend this year's winners for their efforts."

"Company culture is pivotal for attracting elite talent and sustaining a competitive edge in the marketplace, and its significance becomes even more pronounced in challenging economic times. We hope that all companies featured on this list will take pride in this well-deserved recognition," added Brandon Gleklen, a Battery principal.

To qualify for the 2023 list, a cloud company must have received at least 30 company reviews on Glassdoor between July 1, 2022 and June 30, 2023. The public company report tracks public cloud companies with a B2B business model that are listed on a U.S.-based stock exchange and have at least $500 million in total enterprise value as of the end of Q2 2023, according to CapIQ.

NetRise, the company providing granular visibility into the world's Extended Internet of Things (XIoT) security problem — encompassing the modern firmware and software component security challenges of IT, OT, IoT, and other connected cyber-physical systems — today announced the company won the 2023 CyberSecurity Breakthrough Awards for "Automotive Cybersecurity Solution of the Year."

NetRise has been recognized in the seventh annual CyberSecurity Breakthrough Awards program as the best in the industry for excellence and innovation. NetRise received this award for its next-generation firmware and IoT security platform, which empowers organizations to identify risks in the software components running on devices. Produced by market intelligence organization CyberSecurity Breakthrough, this annual award performs the most comprehensive evaluation of cybersecurity companies and solutions today. It recognizes the best products, solutions, and companies within the crowded information security marketplace.

As the number of IoT devices continues to increase at an exponential rate, all too often, security considerations are an afterthought in development. For instance, a connected vehicle can have 50 embedded systems manufactured by dozens of third-party vendors and contain third-party components and code dependencies, which leads to a supply chain with unknown and unaddressed vulnerabilities. NetRise supports the automotive industry by enabling organizations to understand what is in their devices and the entire software supply chain to identify risks and vulnerabilities.

Seeking to solve the world's XIoT security problem, NetRise is the first platform to provide comprehensive insight into shared vulnerabilities across all firmware images in an organization. The NetRise Platform undertakes continuous analysis as more data is added, making the platform more efficient over time. A cloud-based SaaS solution, it reduces the time and cost of firmware security programs so that organizations can quickly find and remediate previously undetected issues by providing and enabling:

• SBOM (Software Bill of Materials) Management: Consume and generate a list of 'ingredients' for each device.
• Risk & Vulnerability Management: Constantly updated risk assessments, with risk scoring and prioritization based on likelihood of exploitation and impact.
• Firmware Analysis & Security: Comprehensive insight into shared vulnerabilities across all firmware images in an organization.
• Regulatory Compliance: Determine if third-party code introduces legal and compliance issues and meets SBOM provision mandates.
• Product Build Assurance: Accurate analysis of new products and versions before deployment, enabling safer patching and safer devices.
• Real-Time Risk Tracking: Gain a constantly updated understanding of device risk. 

"We are honored to receive this recognition from the CyberSecurity Breakthrough Awards, which further solidifies our commitment to providing customers with cutting-edge technologies so they can quickly find vulnerabilities in their environments," said Thomas Pace, CEO of NetRise. "Our automated platform provides users across industries and verticals with much-needed visibility into the 'black boxes' of XIoT devices and truly represents a breakthrough solution for the automotive industry. We look forward to continuing our mission of delivering groundbreaking cybersecurity solutions so that organizations can protect themselves from firmware-based attacks and threats."

CyberSecurity Breakthrough Awards recognizes the world's best information security companies, products, and people in a range of categories, including Security-as-a-Service, Managed Security, Cloud Security, Security Information and Event Management, Threat Intelligence, Behavior Analytics, Unified Threat Management, Web Security, Messaging and Email Security, Encryption, and more. This year's program attracted thousands of nominations from many different countries worldwide.

Prestigious International Awards Program Recognizes Outstanding Information Security Products and Companies

OTORIO, the leading provider of OT cyber risk management solutions, today announced that it has been named "Policy Management Solution Provider of the Year" in the 7^th annual CyberSecurity Breakthrough Awards program. The award was granted by CyberSecurity Breakthrough, a leading independent market intelligence organization that recognizes the top companies, technologies and products in the global information security market today.

The breakthrough OTORIO RAM² platform protects industrial control systems (ICS) and cyber-physical systems (CPS) with robust security controls that continuously assess cyber risks and actionable playbooks to guide mitigation efforts. By conducting in-depth security posture assessments, the platform ensures that alerts affecting critical assets appear at the top of the priority list.

"We're thrilled to be recognized by CyberSecurity Breakthrough as the 'Policy Management Solution Provider of the Year,'" said Daniel Bren, co-founder and CEO of OTORIO. "By utilizing RAM²'s risk assessment and management capabilities, organizations can save time and resources, and eliminate stress. Our proactive approach ensures operational resilience, preventing downtime and financial losses through effective risk management."

OTORIO offers significant business value by improving operational efficiency and reliability. Demonstrating policy compliance with stringent OT security regulations and standards helps organizations avoid penalties and fines, contributing to a more secure and compliant operational landscape. OTORIO's solution improves preparedness for the NIS2 Directive, IEC 62443, NERC CIP, NIST and other regulations safely, efficiently, and effectively with out-of-the-box asset and site-level compliance assessment.

The platform's Attack Graph Analysis technology, with its powerful Cyber Digital Twin model, enables organizations to gain dynamic visual network topology and advanced risk assessment capabilities. The Attack Graph Analysis makes it simple to navigate between assets, vulnerabilities, connections, and the influence of security controls. Users can then prioritize and address risks effectively with a special focus on critical mitigation actions.

"RAM² is a comprehensive OT cyber risk management solution that offers a wide range of protection for operational networks all aimed at ensuring safety by eliminating vulnerabilities and risks," said Steve Johansson, managing director, CyberSecurity Breakthrough. "Congratulations to OTORIO who are going beyond security, offering significant value by improving operational efficiency and reliability. RAM² empowers organizations to transcend legacy OT security approaches by establishing a unified, enterprise-wide strategy for a safer and more reliable environment."

The mission of the CyberSecurity Breakthrough Awards is to honor excellence and recognize the innovation, hard work and success in a range of information security categories, including Cloud Security, Threat Detection, Risk Management, Fraud Prevention, Mobile Security, Email Security and many more. This year's program attracted thousands of nominations from over 20 different countries throughout the world.

OTORIO has recently been granted a patent from the USPTO for its risk management model and attack graph analysis algorithm, reinforcing its position as a true pioneer in the OT security market.

Velostics' cloud based solution helps shippers reduce costs and increase efficiency

Velostics, Inc., a software-as-a-service (SaaS) company specializing in unified scheduling, has announced it raised $1.95 million in a seed+ round to expand its platform and reach even further with shippers across the supply chain. The company defines unified scheduling as the orchestration of inbound and outbound truck scheduling for shippers across their supply chain from vendors to end customers.

Unified scheduling is important as research shows manual scheduling costs brokers up to $15 per shipment and shippers up to $50,000 per facility due to detention costs, labor inefficiencies, and increased freight costs. There are 800 million shipments nationwide – most are scheduled manually.

Gaurav Khandelwal, Founder and CEO of Velostics said: "Scheduling is a major headache for all parties focused on reducing cost and delivering on high customer expectations - our solution is designed to go live in 1 day with no apps required". He further added they are excited about partnering with carriers, brokers and freight forwarders providing them unified inbound/outbound scheduling from manufacturing floor to distribution center through final warehouse for all parties involved.

Mark Barineau, Co-Founder and Managing Partner at Starboard Star Venture Capital said: "We are delighted with the continued success Velostics has shown in terms of growth and the impact it is having on its existing client base".

The round was led by current investors Starboard Star with participation from Flyover Capital, Small Ventures USA and new investor Capital Mazapil. Velostics will use these funds to grow their network of shippers and their brokers, freight forwarders and 3PL providers.

Keith Molzer, founding partner at Flyover Capital added, "At a time where costs are increasing, Velostics has a proven solution that brings real cost savings and more importantly, increased capacity to manufacturing facilities, warehouses and fuel terminals."

Dell Technologies will announce updates to its long-term financial framework during its Securities Analyst Meeting taking place today at 8:30 a.m. CT/9:30 a.m. ET, including an increase to the company's share repurchase authorization, an increase to its annual capital return target and its commitment to grow the dividend¹. Speakers will include Chairman and Chief Executive Officer Michael Dell and other members of the executive leadership team, with time allotted for Q&A.

Dell will announce its updated long-term value creation framework, which includes compounded annual revenue growth of 3%-4% and an increase to its non-GAAP diluted earnings per share target of 8% annual growth or better over the long term. The company expects net income to adjusted free cash flow conversion of 100% or better, and to return more than 80% of adjusted free cash flow to shareholders through a combination of share repurchases and dividends.

"We are incredibly well positioned for this next wave of technology expansion, growth and progress," said Michael Dell, chairman and chief executive officer, Dell Technologies. "Whether it's workplace solutions, multicloud, intelligence at the edge, or AI and now GenAI – all of it takes a whole lot of what we offer. And with leading positions in so many areas, we have even greater conviction in our ability to deliver sustained value creation for all shareholders for years to come."

In addition, Dell will increase its existing share repurchase authorization by $5 billion, adding to the remaining authorization of the current $5 billion plan, and expects to grow its quarterly dividend 10% or more annually through fiscal 2028.

"We have a unique operating model, generating $42 billion in cash flow from operations over the last five years," said Yvonne McGill, chief financial officer, Dell Technologies. "Looking forward, we can achieve consistent GDP+ revenue growth over time by leveraging our strengths to extend our leadership positions and capture new growth opportunities."

Industry leaders combine market-leading SIEM with an award-winning MDR solution to deliver faster and more effective threat detection and response

Devo Technology, the cloud-native security analytics company, is announcing today that it's deepened its partnership with CyberMaxx, a tech-enabled cybersecurity company, to deliver market-leading managed detection and response (MDR) services to enterprises.

In Q2 of 2023, CyberMaxx's threat research team identified over 1,147 successful ransomware attacks, a 26% increase from Q1. Many security teams are grappling with increased and more sophisticated cyberattacks, which have also created a more complex environment that security teams have to manage. These factors, combined with the ongoing shortage of cyber talent, are prompting more organizations to turn to managed services to help them respond to and contain threats faster.

Through this partnership, CyberMaxx fully integrates Devo Intelligent SIEM with its MaxxMDR solution, which provides defensive services that can be combined with proactive offensive capabilities to give customers comprehensive security coverage. CyberMaxx will help security teams realize the full potential of Devo through an MDR model that optimizes data collection and threat detection, integrates 24x7x365 monitoring and response capabilities, and uses offensive security to drive continuous improvement.

"We are thrilled to strengthen our partnership with Devo, a security industry leader, after many years of successfully monitoring their SIEM on behalf of customers. A stronger commitment makes it easier for our customers to have comprehensive coverage," said Brian Ahern, CEO, CyberMaxx. "Our flexible deployment model for Devo gives customers greater control to run their security operations in the way that best suits them. With more and more customers desiring best-in-class technology paired with around-the-clock security coverage, Devo and CyberMaxx deliver a comprehensive engine for securing our customers' environments."

CyberMaxx gives customers the flexibility to choose how they engage with the MDR service. Devo customers can leverage a co-managed deployment while maintaining the ability to query security event data, build custom detection rules and access log files directly. CyberMaxx can also fully manage the detection and response process through a proprietary Devo license for customers who want a hands-off approach.

"We're proud to work with an industry-leading service partner such as CyberMaxx to secure our shared customers," said Marc van Zadelhoff, CEO, Devo. "CyberMaxx's innovative method of bringing offensive capabilities to fuel defensive monitoring gives a more complete approach to securing our customers' environments. Our customers can be confident that they're continually improving their security posture."

MSSP Alert recently named CyberMaxx one of the top 50 MSSP cybersecurity providers in its Top 250 MSSP 2023 report. Devo also offers award-winning technology, winning gold in the 2023 Cybersecurity Excellence Awards, and was recognized as the Most Comprehensive SIEM solution in the Global Infosec Awards hosted by Cyber Defense Magazine. 

VNET Group, Inc. ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced the results of its extraordinary general meeting held on October 5, 2023 in Beijing. The Company's shareholders adopted the following resolutions as ordinary resolutions:

THAT the authorized share capital of the Company be increased by the creation of an additional 1,500,000,000 Class A ordinary shares with a par value of US$0.00001 each, to rank pari passu in all respects with the existing Class A ordinary shares (the "Increase of Authorized Share Capital"), such that immediately following the Increase of Authorized Share Capital, the authorized share capital of the Company shall be increased FROM US$15,000 divided into 1,500,000,000 shares, par value of US$0.00001 each, comprised of (i) 1,198,935,000 Class A ordinary shares of a par value of US$0.00001 each, (ii) 300,000,000 Class B ordinary shares of a par value of US$0.00001 each, (iii) 60,000 Class C ordinary shares of a par value of US$0.00001 each, (iv) 555,000 Class D ordinary shares of a par value of US$0.00001 each, (v) 150,000 Series A perpetual convertible preferred shares of a par value of US$0.00001 each, and (vi) 300,000 Series A-1 perpetual convertible preferred shares of a par value of US$0.00001 each TO US$30,000 divided into 3,000,000,000 shares, par value of US$0.00001 each, comprised of (i) 2,698,935,000 Class A ordinary shares of a par value of US$0.00001 each, (ii) 300,000,000 Class B ordinary shares of a par value of US$0.00001 each, (iii) 60,000 Class C ordinary shares of a par value of US$0.00001 each, (iv) 555,000 Class D ordinary shares of a par value of US$0.00001 each, (v) 150,000 Series A perpetual convertible preferred shares of a par value of US$0.00001 each, and (vi) 300,000 Series A-1 perpetual convertible preferred shares of a par value of US$0.00001 each; and

THAT each director or officer of the Company be authorized to take any and every action that might be necessary, appropriate or desirable to effect the foregoing resolution as such director or officer, in his or her absolute discretion, thinks fit.