Charts Course for Continued Expansion and Market Leadership

Infleqtion, the world’s leading quantum information company, today announced the appointment of Matthew Kinsella as its new Chief Executive Officer. Kinsella replaces Scott Faris, who has stepped down to focus on quantum industry policy and investments in national security and defense. Kinsella joins from Maverick Ventures, where he served as a senior managing director, and led investments across the technology industry, including Maverick’s investment in Infleqtion. Maverick is one of the company’s earliest investors and Kinsella has served on Infleqtion’s board since June 2018. 

“We are thrilled to welcome Matt as the new CEO of Infleqtion during such an important time for the company and the industry,” said Cathy Lego, Chair of Infleqtion’s Board. “Matt’s extensive understanding of Infleqtion, coupled with his demonstrated success in guiding technology companies through product development, revenue expansion, and successful growth initiatives, will be invaluable as we embark on scaling the business and expanding into high-growth markets."

"Infleqtion is well positioned to lead as quantum technology shifts out of the lab and into the commercial realm. I'm honored to guide the company through our next pivotal phase," said Matt Kinsella, Infleqtion CEO. "With our robust foundation, exceptional team, and dedication to scalable solutions, we are ready to seize the immense potential of quantum technology to revolutionize industries and create a brighter future for all. Our focus on clocks, RF, compute, and quantum-enabled AI software presents growing and near-term revenue opportunities. We are committed to developing and delivering cutting-edge solutions to our customers."

"We express our sincere gratitude to Scott for his exceptional leadership over the past two and a half years," continued Lego. "Under his guidance, the company successfully navigated a Series B funding round, expanded important technology programs in timing, sensing, and information processing, ventured into new markets, and executed several critical acquisitions. As we enter the next phase of the company’s development and growth, we are exceptionally well positioned to capitalize on these achievements."

“Infleqtion is an incredibly important company leading the industry in quantum technology development and adoption. As we prepare to accelerate the commercialization of quantum technologies, it is a natural transition point from me to Matt,” said Faris. “Matt has been a great partner on the board, and he knows the company extremely well. I’m proud of the progress we have made and deeply appreciate the entire Infleqtion team for their hard work and support.”

Quantum technology is widely recognized as a catalyst for transformational progress on a global scale. Infleqtion is at the forefront of commercializing quantum hardware and software, delivering quantum sensing, communication, and computing solutions for industries including finance, defense, energy, healthcare, life sciences, and more. The company recently provided an in-depth look at its 5-year quantum computing roadmap and announced several new partnerships and customer wins that underscore the company’s progress toward commercializing quantum solutions at scale.

Recent corporate milestones include:

• Global customer and partner momentum: Infleqtion’s neutral atom platform was selected for Japan's Quantum Moonshot program and the company was also selected to develop and deliver a quantum computing testbed for the National Quantum Computing Centre (NQCC) in the United Kingdom. Infleqtion was the lead quantum innovator in Defence Cyber Marvel 3 (DCM3), Europe’s premier cyber defense exercise organized by the Army Cyber Association.
• Technology Achievements: The company recently announced significant milestones in gate fidelity, qubit array scaling, and the development of its quantum error-correction system. These achievements signal progress towards the company's goal of delivering fault-tolerant quantum computers within the next five years, paving the way for genuine commercial advantage.
• New product introductions: Infleqtion launched Oqtant, the world’s first quantum matter service, which provides groundbreaking access to quantum matter for those working on next-generation quantum applications.

Vimeo, the leading video platform for businesses, today announced the appointment of Philip Moyer as Chief Executive Officer and member of the Board of Directors, effective April 8, 2024. Adam Gross, the Company’s Interim Chief Executive Officer and member of the Board, will remain on the Board after the transition.

“On behalf of the Board of Directors and the entire Vimeo team, I would like to thank Adam Gross for stepping into the role of Interim CEO over the past several quarters, and I’m delighted he will be continuing to work with the company as a board member,” said Glenn Schiffman, Chairman of the Board. “Thanks to Adam’s leadership, we’ve successfully brought to market innovative products, streamlined our go to market model, and brought on some of the world’s leading brands as new customers. We are thrilled to welcome Philip as CEO, and believe his background and experience are uniquely suited to extend Vimeo’s history of innovation and leadership to the new and rapidly growing era of AI video, positioning it as a key strategic partner to the companies and creators this next chapter of Internet video enables.”

Philip previously served as Global VP of Applied AI Engineering and Business Development and VP of Strategic Industries, Google Cloud, a division of Alphabet Inc., a role he held since July 2019. Prior to Alphabet, Philip was Director of Financial Services at Amazon Web Services, a division of Amazon.com, Inc, where he managed Banking, Capital Markets, Insurance and Payments. He previously managed a Venture Capital portfolio in FinTech, Healthtech, and MarTech at Safeguard Scientifics, Inc., a public venture development company.

Additionally, Philip was CEO of two financial technology companies, EDGAR Online, Inc., a provider of financial data, analytics and disclosure management solutions, and Cassiopae, S.A., a French software company in the commercial banking market. He spent 15 years at Microsoft Corp. where he managed global customer teams, industry teams and services organizations. Philip has a Computer Science degree from University of Pittsburgh and started his career as a software engineer for nuclear submarines at GE Aerospace, a division of General Electric Company.

“I’m thrilled to join as CEO of Vimeo, a platform that revolutionizes how millions engage with video content worldwide,” said Moyer. “We will continue to innovate and elevate our offerings to push the envelope of digital storytelling, ensuring Vimeo remains synonymous with excellence and creativity for our community members and customers. I am honored to join this journey, and I am inspired by the opportunity to steer the company towards a new chapter of innovation and success.”

Vimeo also today announced the date for its first quarter 2024 earnings report and earnings video event. After the close of market trading on Monday, May 6, 2024, Vimeo will post its first quarter results on the investor relations section of its website at https://www.vimeo.com/investors. On Monday, May 6, 2024 at 5:00pm ET, Vimeo will live stream a video conference which will include Philip to answer questions regarding its first quarter results. The live stream and replay of the video will be accessible to the public at https://www.vimeo.com/investors.

Innovative New Capability Enhances User Control By Offering Guaranteed Performance Outcomes

Industry-leading performance CTV ad platform Blockboard announced today a new campaign performance capability that will change the face of CTV programmatic marketing. Blockboard, the only outcome-based marketing (OBM) platform in the programmatic ecosystem, now offers its clients CPA – Cost Per Acquisition outcomes. With this capability, users have significantly enhanced control over their campaign strategy, leveraging sales-driven CPA campaigns. This new CPA capability ensures that every campaign can be managed and precisely measured to meet each client's unique objectives and goals. Blockboard is so confident of its ROI that it guarantees performance results or clients don't pay.

Blockboard was founded by and is comprised of a team of industry-leading digital experts who developed the online video marketplace. Its proprietary blockchain technology allows brands to identify and engage with real audiences that have been pre-qualified as the highest possible prospects. In an industry riddled with waste and fraud (according to the ANA's Programmatic Media Supply Chain Transparency Study, the $88 billion open web media ecosystem loses $22 billion to waste and fraud each year), Blockboard guarantees better CTV performance results.

Blockboard also eliminates the middleman tech tax that diminishes working dollars, as there are no extra costs for fraud verification, ad serving, or data platforms, all of which are built into their platform. With more working dollars working harder for better outcomes, brands have the ability to scale their media investments more effectively.

The new CPA capability is available for both account-managed and self-service clients.

"Today's marketers are being asked to do more with less and justify every dollar spent. They do not have the luxury of losing 23% of their annual media budget to waste and fraud. Every media dollar spent needs to lead to tangible results," said Matt Wasserlauf, Co-Founder and CEO of Blockboard. "At Blockboard, we are always pushing the boundaries of what's possible. We did this by creating a platform on the blockchain, ensuring zero waste and zero fraud, where our clients can easily see and track their buys. Now, with our CPA option, clients can define their success by their specific goals, and if those goals are not met – they don't pay."

This offering comes at a time of significant momentum for Blockboard as it builds upon four consecutive years of growth since its inception and positions itself for continued outsized growth.

VVDN's ICE - A Smart IoT Platform for end-to-end enterprise device management will integrate with the Generative AI suite for future-ready solutions 

VVDN Technologies, a global provider of software, product engineering, electronic manufacturing services, and solutions, has announced the successful launch of its Smart IoT Cloud Platform, Intelligent Cloud Engine (ICE), on Google Cloud Marketplace resulting from its multi-year collaboration with Google Cloud. 

ICE is a PaaS that provides data aggregation, analytics, visualization, and management and will integrate with the Generative AI suite for future-ready solutions. VVDN's ICE caters to a wide range of industries, including Video and Surveillance, Smart IoT Communities (Homes and Cities), Automotive (Telematics, EVs, and Fleets), Agri Tech, and Health Tech. This versatility positions ICE as a valuable solution for diverse market segments, reinforcing its credibility as a go-to platform for global customers. Integrating advanced AI-driven data analytics and data aggregation empowers organizations to get insights faster, visualize data more clearly, and manage devices smoothly. The platform is built on a Google Cloud-certified modular microservices-based architecture, providing accelerated product development capabilities for existing and new cloud-connected products while ensuring compliance with data privacy, consent, and security regulations. The key features include Quick Onboarding, Multiprotocol Support, End-to-end encryption, AI-driven analytics, Smart Management and Observability.

ICE is VVDN's first software product listed on a public cloud marketplace that has undergone a rigorous and extensive audit by Google Cloud, validating its security, scalability, and reliability. It leverages Google Cloud's built-in security and compliance features, such as data encryption and access control, to help ensure data is protected and used per industry regulations and best practices.

Furthermore, the establishment of the Google Cloud Center of Excellence (CoE) by VVDN has enabled the company to leverage its software product development and cloud engineering prowess, culminating in the creation of ICE. With over 250 Google Cloud-trained and Certified Engineers and Architects, VVDN aims to cater to the needs of global customers by providing Application Modernization, Migration, and Development Services. VVDN is expanding its partnership with Google Cloud in the USA, Middle East, EU, and Japan, as part of its extended commitment. 

Vivek Bansal, Founder and President, VVDN Technologies: "We are thrilled to see VVDN's Intelligent Cloud Engine go live on Google Marketplace, showcasing our dedication to delivering cutting-edge solutions in collaboration with Google Cloud. ICE is the result of meticulous engineering and a testament to our commitment to meeting the highest standards of quality, innovation, data security, and scalability. This collaboration with Google Cloud is a testament to VVDN's capabilities and sets the stage for the development of multiple innovative products in our pipeline while expanding our partnership in the USA, the Middle East, and India. Our partnership with Google Cloud is critical in our efforts to provide global customer support. By deepening our partnership, we aim to deliver innovative solutions that utilize advanced technologies, enabling users to interact intelligently with their content, and transforming the way businesses operate in the AI-first era."

Dai Vu, Managing Director, Marketplace & ISV GTM Programs, Google Cloud: "Bringing VVDN to Google Cloud Marketplace will help customers quickly deploy, manage, and grow the Intelligent Cloud Engine on Google Cloud's trusted, global infrastructure. VVDN can now securely scale and support customers on their digital transformation journeys."

Wipro Limited, a leading technology services and consulting company, Announced the appointment of Srini Pallia as Chief Executive Officer and Managing Director, effective immediately. His predecessor, Thierry Delaporte, who led Wipro's significant transformation over the past four years, is stepping down to pursue his passions outside of work.

Srini has been with Wipro for over 30 years, most recently as CEO of Americas 1, Wipro's largest and fastest growing strategic market. In this role, he oversaw various industry sectors, established a vision and executed growth strategies, resulting in increased market share within these sectors. Srini is a member of the Wipro Board of Directors.

Wipro Chairman Rishad Premji said: “Srini is the ideal leader to lead the company at this pivotal time for Wipro and the industry. Over the past four years, Wipro has implemented significant transformation in the most challenging of external circumstances. Srini is an integral part of this journey. With his customer centricity, growth mindset, strong execution skills and commitment to Wipro's values, he is the perfect fit as Wipro begins a new chapter of growth and profitability."

“I would like to thank Thierry for the leadership he has shown at Wipro. The changes he has implemented have better positioned our company for the future. We have optimized our structure and strengthened our leadership. "We have prioritized partnerships and improved overall efficiency. This provides a strong foundation for Srini to step onto."

Rishad Premji added: "Thierry will remain until the end of May and will work closely with Srini and myself to ensure a smooth handover."

Srini joined Wipro in 1992 and has held leadership positions including President of Wipro's Consumer Business Unit and Global Head of Business Application Services. He brings to the role of CEO a wealth of organizational and industry knowledge, as well as a strong track record of leadership during unprecedented technological transformations within the industry.

Commenting on this appointment, Srini Pallia said: “Wipro is one of those rare companies that combines profit and purpose, and I am truly honored to have been chosen to lead this iconic company. Building on the strong foundation laid by Thierry, we will lead Wipro into the next I am excited to lead the company on a growth trajectory. My entire career has been built at Wipro and I have a deep understanding of our 78-year history and our incredible team of over 240,000 employees. has the right strategy and great talent and capabilities across the organization. We look forward to future growth opportunities."

Thierry Delaporte said: “I would like to thank Rishad and the Board of Directors for giving me the opportunity to lead Wipro during a period of significant change. I am proud of the strong foundation we have laid for Wipro’s future success. In the last four years, Srini has built a successful business in its largest market, the Americas 1, and has become a key strategic partner for our customers.As I take over from Srini, I am very happy to see him continue this journey and take it to even greater heights. I’m sure you’ll give it to me.”

Srini holds a bachelor's degree in engineering and a master's degree in business administration from the Indian Institute of Science, Bengaluru. She is a graduate of Harvard Business School's Leading Global Business Executive Program and the McGill Executive Institute's Advanced Leadership Program.

Srini will be based in New Jersey and will report to Rishad Premji, Chairman.

Singh brings extensive consulting experience across diverse industry sectors, predominantly healthcare

Brillio, one of the fastest growing digital technology service providers, today announced that Ashish Singh has been appointed to the company's Board of Directors to help bolster its strategy, especially for the healthcare vertical. Boston-based Singh is currently an Advisory Partner in Bain & Company, and joins the Brillio Board with more than three decades of consulting experience spanning multiple industries, his primary focus being healthcare. 

At Bain, Singh led the founding of many of the company's practice areas, including Pharmaceuticals, Enterprise Software, and Media & Entertainment. In 2005, he started Bain's operations in South Asia, and served as the leader of that geographic market until 2015. A decade later, he led Bain's foray into the Healthcare Services space, building the Payer-Provider practice and engaging as Bain clients 3 of the 5 largest U.S. healthcare services companies. He has served two terms on Bain's global Board of Directors, and has also served as the Global Practice Leader for Bain Healthcare. He led Bain India as founding Managing Director (2005-2011), and as Chairman (2011-2015).

"We are thrilled to welcome a seasoned leader such as Ashish Singh to Brillio's Board as part of our verticalization strategy to sharpen our customer-relevance through industry-specific capabilities and offerings," said Raj Mamodia, Founder and CEO of Brillio. "Ashish brings extensive experience of consulting in the healthcare industry, and building technology-first companies that enable payers, providers, and pharmaceutical enterprises to accelerate their transformation journeys. His deep insights into the future of tech-driven healthcare will boost our ability to address the unmet needs of healthcare and life sciences companies as they turn to technology for improving access, enhancing experiences, elevating outcomes, and optimizing costs. Ashish's visionary approach to steering innovation and transformation across complex landscapes aligns perfectly with our commitment to turning disruptions into advantages for our customers."

"I am excited to join the Brillio board," said Ashish Singh. "Brillio's rise to market leadership with its sharp customer-centricity, challenger mindset, situational fluency, and focus on outcomes has been exemplary. I look forward to collaborating with the passionate and entrepreneurial teams at Brillio to help advance the company's vision for delivering technology-led innovation, transformation, and growth." 

Outside Bain, Singh has served on the Board of Lyndra Therapeutics. He is also working with several innovative healthcare technology startups – many of them out of India – as a Board member and strategic advisor. The common theme across these startups is a potentially transformative impact on the U.S. healthcare system – AI/ML-driven healthcare administrative simplification solutions, next-gen care management and delivery in hard-to-serve segments, and big data/real-world evidence-driven solutions.

ArcSpan's AMS Audience Insights Data Suite provides actionable audience and campaign data analytics to help publishers measure and achieve optimal programmatic sales results.

ArcSpan Technologies, the innovative publisher audience data monetization company, announced today the release of AMS "Identifier Audit" dashboards. Available within ArcSpan's AMS Audience Insights suite, Identifier Audit tracks the presence and correlation of various identifiers to won and rendered ad impressions. As different programmatic audience identifiers are increasingly deployed by publishers, SSPs, DSPs, clean rooms, and marketers to facilitate scalable audience targeting, the AMS Identifier Audit helps publishers recognize, sort, and optimize the most effective audience targeting solutions.

The AMS Identifier Audit dashboard fills a vital need for publishers to examine programmatic impression data highlighting the relationship between User IDs, identity provider solutions and Prebid auction CPMs. ArcSpan's easy-to-deploy ArcTag extracts and interprets the identifiers that are present in each bid request where the impression is won and rendered. The AMS Identifier Audit dashboard offers publishers numerous ways to filter and analyze their audience and campaign data by specific domains, browsers, and ID types, including whether they are deployed directly by the publisher or via their SSP.

ArcSpan's Identifier Audit dashboard illuminates how IDs impact programmatic sales results:

• Identification: Which IDs are associated with each ad impression?
• Prevalence: How, where and when is a particular ID included in a transaction?
• CPM Value and Attribution: How is the use of a particular ID correlated with incremental $CPMs and sales impact?
• Demand Alignment: How does each ID correspond to demand from each SSP bidder?

"Today, publishers are deploying dozens of probabilistic identifiers and a handful of deterministic ones trying to boost CPMs while buyers figure out how they want to use these identifiers. With saturated bid requests, there is little accountability or transparency around who is providing value." said Scott Messer, Principal & Founder, Messer Media. "From my experience and speaking with others already using ArcSpan's Identifier Audit, this is an exciting, valuable innovation that helps publishers evaluate the best use and impact of identifiers across their revenue operations."

The Identifier Audit data and AMS Audience Insights suite advances ArcSpan's dedication to helping publishers overcome increasingly ineffective and overpriced technology platforms that are not fully aligned to support publishers' revenue opportunities. The AMS Audience Analytics suite may be licensed separately or bundled with ArcSpan's complete AMS Audience Data Monetization platform.

"We've built AMS Audience Insights based on the input from a variety of publishers and our deep experience processing and structuring first-party log-level audience data, transaction data and monetization data.  Publishers clearly need smarter audience data and campaign insights to succeed in today's evolving, complicated digital advertising industry," said ArcSpan SVP, Solutions Engineering, Pete Rooney. "AMS Audience Insights and the Identifier Audit helps publishers up-level their revenue operations with actionable insights. We are excited to release AMS Identifier Audit to the market and support publishers at such an important moment."

SaaS leader to apply 30+ years of experience to accelerate growth and value creation in legal tech

Relativity, a global legal technology company, today announced the appointment of Kirk Larsen as Chief Financial Officer (CFO), effective April 16. Larsen brings more than three decades of financial leadership experience and an exceptional track record in scaling SaaS companies and building long-term value creation through strategic financial planning, capital allocation, and mergers and acquisitions.

Before joining Relativity, Larsen was President and CFO at Black Knight, Inc., a software, data and analytics company that serves the housing finance continuum. During his decade-long tenure, he played a pivotal role in leading the organization through significant milestones, including its initial public offering, 11 acquisitions and its nearly $12 billion sale to Intercontinental Exchange, Inc. He has also held finance leadership positions at ServiceLink and Fidelity National Information Services. Additionally, Larsen is a member of the Board of Directors of NCR Voyix Corporation.

"Kirk has cultivated a unique skillset to propel technology companies to unprecedented levels of success," said Phil Saunders, CEO of Relativity. "With his impressive achievements as a financial leader, Kirk is well suited to support Relativity in driving our continued growth forward amid this era of transformational AI and data that is redefining the legal technology industry. Kirk will undoubtedly bring great value to Relativity, and we're thrilled to welcome him to the team."

As CFO, Larsen will be responsible for spearheading the financial management and strategic planning for Relativity, overseeing the organization's finance and accounting functions. Additionally, Larsen is dedicated to using his position and experience to mentor and develop the next generation of finance leaders at the company.

"I see remarkable opportunity for Relativity to continue its tremendous success based on its leadership position in the market, focus on continuous innovation, and groundbreaking AI solutions that are solving today's most complex legal data challenges," said Larsen. "I'm humbled and excited to join a company that is driven by a strong user community, talented employees and deep core values. I look forward to leveraging my extensive experience in scaling SaaS companies to help Relativity in maximizing its growth."

Larsen succeeds Sailesh Munagala who joined Relativity as CFO in 2021. Munagala will stay on in an advisory role through the end of July working closely with Larsen to ensure a seamless transition.

"Sailesh has played an instrumental role in elevating Relativity to the company it is today and has been a wonderful partner to work with," said Saunders. "He supported Relativity in navigating not only its strategic growth investment from Silver Lake in 2021, but three key acquisitions in just three years. We thank Sailesh for his exceptional leadership and impactful contributions to Relativity's growth."