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Pantomath Raises $14 Million in Series A Led by Sierra Ventures to Accelerate Development of Data Pipeline Observability and Traceability Platform

Pantomath Raises $14 Million in Series A Led by Sierra Ventures to Accelerate Development of Data Pipeline Observability and Traceability Platform

financial technology 16 Oct 2023

Pantomath Inc., a data pipeline observability and traceability platform, announced today that it completed $14 million in Series A funding in early September led by Silicon Valley-based Sierra Ventures and included Series Seed investors Bowery Capital and Epic Ventures. The company has now raised $18 million in only 16 months. The additional capital will be used to innovate through AI and expand to new territories.

The company was founded in 2022 by Somesh Saxena, who previously was a Data & Analytics leader at GE Aerospace supporting 18,000 data consumers through his organization. He led multiple programs at the company, including enterprise data & analytics, self-service data, big data, and robotic process automation, giving him unique insights into the problems and challenges encountered by data teams.

"Our AI-driven platform allows customers to detect data reliability issues through real-time alerts, troubleshoot them with end-to-end cross-platform technical lineage and aggregated logs, identify root-cause instantly, and resolve issues quickly with automated impact analysis," said Saxena.

As companies strive to be more data-driven, data reliability is essential. Most organizations struggle with bad data, making poor business decisions that can directly impact their bottom line. Pantomath’s automated cross-platform pipeline lineage and real-time monitoring platform for end-to-end operations across complex data analytics ecosystems puts trust back in the data. “Data reliability is a major issue for enterprise businesses and startups alike. Most successful businesses derive their advantages through data, making healthy data pipelines critical for success. Pantomath solves this problem head on through its innovative product,” said Paul Bessire, Chief Data Officer at Coterie Insurance.

Since its inception, Pantomath has experienced rapid growth, serving several customers including Paycor, Coterie Insurance, CNG Holdings, Lendly, and G&J Pepsi-Cola Bottlers, amongst others such as a Fortune 300 FinTech market leader and one of the largest global 3PL and freight brokerage firms in North America. “We selected Pantomath due to its one-of-its-kind platform that auto-discovers our data assets, visualizing these relationships in real-time across our ecosystem. Pantomath provides end-to-end traceability, which enables our teams to focus on building new solutions instead of getting mired down in operational tasks. We believe Pantomath will enable significant productivity savings while ensuring our data is reliable and trustworthy,” said Rick Huff, Chief Information Officer at Paycor. The impact of Pantomath’s data pipeline observability and traceability platform has enabled its customers to reduce data reliability issues and drive a data-driven culture with data consumers trusting their data. “Pantomath's end-to-end observability across the entire data stack has significantly reduced data downtime and increased trust in data at our company," said Rob Brichler, Chief Technology Officer at Lendly.

“We believe that Somesh's experience leading Data and Analytics at a large enterprise has given him unique insights into the data operations challenges facing most companies today. We have been impressed with Pantomath's ability to meet the needs of some of the most demanding F500 customers in a very short period of time,” said Mark Fernandes, Managing Partner at Sierra Ventures.

Veritonic Revolutionizes Advertising Insights with Brand Lift Measurement for Baked-In Audio Ads

Veritonic Revolutionizes Advertising Insights with Brand Lift Measurement for Baked-In Audio Ads

analytics 16 Oct 2023

Veritonic, the industry’s comprehensive audio analytics and research platform, announced today that clients can measure the performance of embedded or ‘baked-in’ audio ads via pixel-based brand lift measurement upon listener exposure to the ad. Unlike other audio measurement providers, Veritonic’s industry-leading brand lift solution does not rely on forced exposure approaches for the measurement of embedded ads, providing clients with transparent, and unparalleled insight into the true impact of baked-in ads.

Veritonic’s diversified approaches to audio measurement provides clients with a significant advantage, enabling them to measure and glean actionable insights around the performance of baked-in ads, OTA, and low-impression campaigns, and more accurately and confidently.

“Veritonic’s Brand Lift study helped us confirm our performance campaign was also helping to improve our brand metrics,” said Thad Smith, Global Lead, Employer Brand at Indeed. “The Veritonic team’s collaboration on methodology with our Brand Science and Growth team helped give us confidence in the results and enabled us to move forward quickly with additional planning for audio channels.”

Veritonic’s built-for-audio measurement solutions including Brand Lift and Attribution allow advertisers to leverage a single pixel to gauge full-funnel performance, including reach, impressions, CTA efficacy, and more.

“As the audio and podcast advertising landscape continues to evolve, it’s critical that advertisers have the measurement data they need to support the ongoing evolution of their audio strategies,” said Scott Simonelli, Founder and CEO of Veritonic. “We strive to provide our clients with full-funnel, apples-to-apples measurement for all of their audio endeavors, and the measurement of baked-in audio ads on actual exposure is a critical component of that commitment.”

AppTech Payments Corp. Signs Definitive Agreement to Purchase FinZeo

AppTech Payments Corp. Signs Definitive Agreement to Purchase FinZeo

apps for business 16 Oct 2023

AppTech Payments Corp., a pioneering Fintech company powering frictionless commerce between business to business and business to consumer, today announced that it has signed a definitive agreement for the purchase of Alliance Partners, LLC, the owners of FinZeo, a software development company centered around the movement of money, nationally and globally. This transaction aligns with AppTech’s recent initiatives, reinforcing the company’s commitment to developing innovative technologies, driving global expansion through strategic partners, and exploring M&A opportunities to create revenue synergies and expand product offerings.

FinZeo was founded in 2018 and is dedicated to delivering innovative payment and banking technology solutions for businesses of all sizes. By integrating the FinZeo platform, AppTech believes it can augment its technology offerings, furnishing users with cutting-edge tools accessible via online portals or through an API.

FinZeo’s API enables AppTech to efficiently integrate with software providers and Independent Software Vendors (ISVs), facilitating rapid technology implementation. The onboarding process for ISVs will be streamlined with the support of video tutorials, a dedicated customer center, and a sandbox API environment. With the assimilation of FinZeo, AppTech evolves into a Payment Facilitator (PayFac), propelling the company’s aggregation model.

"We believe that the integration of FinZeo will cement AppTech's status as a leader in specialty payments," commented Luke D’Angelo, AppTech’s Chairman & CEO. "We believe that FinZeo's product line enhances our Commerse™ platform, offering a comprehensive PaaS and BaaS solution. This move will not only amplify our product capabilities but also extend our market influence, especially concerning significant airport contracts throughout the United States.”

The management of AppTech believes that the closing of this strategic acquisition can help propel enhancements to AppTech’s Commerce platform, clearing the project roadmap and positioning the Company at the forefront of technological progress. FinZeo enables capabilities to now span all banking-as-a-service products, such as virtual accounts and cards, and encompass money transmitter licenses, thus complementing AppTech’s existing product suite.

One of AppTech’s new standout features is its digital onboarding and underwriting process, which accelerates the implementation of new fraud protection measures, fortifying the payment and banking sectors. This integration will empower AppTech with comprehensive control over funds and the approval procedure.

In addition to the integration of product, a pivotal aspect of this union will be the acquisition of FinZeo's vast resources, including a seasoned software technology team and a management and sales division boasting over 20 years of sales experience in payment processing.

"Additionally, with FinZeo's inclusion, we foresee an expedited global expansion, complemented by our strategic alliances with InstaCash and PayToMe. We're excited to have FinZeo's team of professionals join AppTech upon closing this transaction, and together, we aim to redefine the global payment ecosystem," Luke D’Angelo concluded.

This transaction is intended to be completed by October 31, 2023, subject to the satisfaction of customary closing conditions.

Xtract One Breaks New Barriers with Global Expansion

Xtract One Breaks New Barriers with Global Expansion

technology 16 Oct 2023

Leading threat detection company charts international expansion strategy with key global partnerships

Xtract One Technologies, a leading technology-driven threat detection and security solution that prioritizes the patron screening experience by leveraging AI, today announces its next phase of growth with targeted and strategic international expansion.

Xtract One has successfully landed contracts with three significant multi-national companies, including a global entertainment organization, for deployment of SmartGateway at their venue. This three-year deal, totaling over US$5.1 million includes hardware, software, installation, and support components.

Using that initial customer deal as a launchpad into global markets, the Company has taken a strategic and intentional approach of partnering with key global customers and establishing agreements with resellers and install partners to support and help scale into these markets. These strategic partnerships have generated further interest from similar entertainment organizations, professional sports franchises, and other international organizations.

Over the past six months, Xtract One has established the necessary requirements for international expansion and is now expanding beyond its core North American market, effectively responding to international demand for its solutions. The focus has been on ensuring product fit and function to serve unique international requirements, completing certification activities, and establishing key channel partners to provide selling and support services.

“Over the past two years, we've been committed and focused on mitigating the pressing issue of weapon threats in North America, staying hyper-focused on serving our target market well, and establishing Xtract One as a well-recognized provider of weapons detection solutions. We have unique differentiators to other solutions in the market, specifically our ability to detect knives with a high degree of accuracy. This separates Xtract One, and the SmartGateway, as the key provider of solutions to the international markets where knives, not firearms, are the prevalent concern. Today, we're taking our innovative solutions to the global stage,” said Peter Evans, CEO of Xtract One. “The strategy has always been to grow effectively and thoughtfully. For geographical growth this means moving into international markets when significant ‘anchor’ accounts have been won, and we can build the business on top of those key customers. I am proud to say that we have established those wins with significant global customers who have deployed or are deploying our solutions today. Our strategic collaborations with these major multi-national businesses have been instrumental in navigating the intricacies of international regulations, certifications, and operations. These partnerships serve as a solid foundation for our pragmatic global expansion.”

Viant Announces Inaugural Innovation Event

Viant Announces Inaugural Innovation Event

events 16 Oct 2023

Viant Technology Inc. (NASDAQ: DSP), the leading people-based advertising technology company, today announced it will be hosting Viant Innovation 2023, on October 26th at 1pm PT / 4pm ET. At Viant Innovation 2023, Viant’s Co-Founders Tim and Chris Vanderhook will provide a glimpse into the future of advertising technology and showcase the company’s latest advancements in adtech including AI, supply path optimization, and sustainability.

To join the virtual event, click HERE.

The accompanying presentation materials will be available in the News & Events section on the Company’s investor relations website at investors.viantinc.com immediately prior to the start of the presentation and a replay will be available on the investor relations website following the presentation for approximately 30 days.

Viant Innovation 2023

   

Date:

Thursday, October 26th

 

 

Time:

1:00 p.m. Pacific Time / 4:00 p.m. Eastern Time

 

 

Virtual Event Link:

Join the virtual event here

GlobalLogic Appoints Technology Services Veteran Srinivas Shankar as Chief Business Officer & Head of Global Industries

GlobalLogic Appoints Technology Services Veteran Srinivas Shankar as Chief Business Officer & Head of Global Industries

technology 16 Oct 2023

New leader to expand go-to-market strategy and execution for sales, marketing, and global business units

GlobalLogic Inc., a Hitachi Group company, announced the appointment of Srinivas (Srini) Shankar as its Chief Business Officer (CBO) and Head of Global Industries. With over two decades of professional experience, Srini brings a wealth of expertise in driving revenue growth and enhancing client satisfaction. Businesses across industries are investing in the development of digital products, platforms, and experiences with the aim of evolving customer engagement and forging novel business models to help achieve their sustainable growth objectives. This appointment underscores GlobalLogic's commitment to strengthening its leadership team, and their focus on customer success.

Srini’s arrival marks an important milestone in GlobalLogic’s exceptional growth journey. Apart from expanding capabilities, Srini will focus on accelerating GlobalLogic’s go-to-market engine, spanning sales, marketing, and industry business units.

“As GlobalLogic continues its purposeful growth journey, bolstering our presence and enriching our services portfolio, we sought a strong leader with proven industry expertise and go-to-market experience for the next chapter of our growth,” said Nitesh Banga, CEO of GlobalLogic. “I’m thrilled to welcome Srini to our leadership team and look forward to him playing a key role in powering our growth engine and building on our strong customer relationships.”

"GlobalLogic has a stellar reputation as a leader in design-led digital engineering with deep software capabilities across a wide range of products and industries,” said Srini Shankar, CBO GlobalLogic. “While we continue to play a critical role helping clients evolve into becoming digital and intelligent enterprises, I am very excited to be joining the team as we define and execute the next-generation growth strategy for the company.”

With deep services industry experience, Srini’s expertise is a perfect compliment to GlobalLogic’s business. He previously served as the Chief Commercial Officer (CCO) of Americas & Global Head of the Life Sciences business, where he played a pivotal role in expanding the company's market presence and driving revenue. As CCO-Americas, Srini oversaw new client acquisition efforts across various industry verticals and service lines within Cognizant's Digital Business & Technology services. Prior to Cognizant, Srini served various leadership roles at Infosys.

NetApp and Equinix Deliver Industry’s Most Comprehensive Bare Metal-as-a-Service Solution for Cloud Adjacent Experience

NetApp and Equinix Deliver Industry’s Most Comprehensive Bare Metal-as-a-Service Solution for Cloud Adjacent Experience

cloud technology 16 Oct 2023

NetApp Storage on Equinix Metal, powered by NetApp Keystone, lets organizations power business-critical workloads with a full stack solution as-a-service.

NetApp® (NASDAQ: NTAP), a global cloud-led, data centric software company, today announced their new joint Bare-Metal-as-a-Service (BMaaS) solution, NetApp Storage on Equinix Metal. NetApp Storage integrated with Equinix Metal is delivered as an as-a-service model through NetApp Keystone®, which offers a real hybrid cloud experience—in a single subscription—so users can choose the storage capacity and performance they need without overprovisioning. Keystone® greatly reduces upfront costs with the flexibility to add more storage on demand as business needs dictate.

NetApp Storage on Equinix Metal provides customers with a full stack of compute, networking and storage infrastructure with low-latency interconnection to all major public clouds. This environment can be either single tenant or dedicated, and meets most stringent performance requirements, provides elasticity, and is packaged, priced, billed and supported under a single agreement.

“Today’s rapid pace of cloud innovation enables companies to move more workload types to the hybrid multi-cloud more easily and in greater numbers than ever before,” said Sandeep Singh, Senior Vice President and GM of Enterprise Storage at NetApp. “NetApp is a leader in delivering native cloud and first-party solutions on all three major public clouds that provide a unified hybrid multicloud experience for customers. NetApp Storage on Equinix Metal further illustrates the industry value of our partnership and our collective commitment to providing as-a-service, hybrid multicloud solutions with higher performance, scalability, and simplified management.”

Key benefits of NetApp Storage on Equinix Metal include:

  • Integrated Solution: NetApp Storage is fully integrated with Equinix Metal's infrastructure, ensuring a cohesive full stack experience for storage (file, block, and object), compute, and networking as-a-Service under a single subscription.
  • Cloud Adjacent: Customers can choose how they want to build their hybrid multicloud experience while maintaining control of their data in a low latency, high performance environment—on premises, in the cloud, or anywhere in between—on all three major public clouds.
  • Higher performance for demanding workloads: When NetApp Storage is combined with Equinix Metal's high-performance dedicated bare metal servers, users unlock fast data access, minimal latency, and the ability to handle the most demanding workloads with ease.
  • Scalable Capacity and Performance On-Demand: With NetApp Storage on Equinix Metal, customers can scale their storage resources as required to meet evolving business needs.
  • Superior Data Security: NetApp Storage delivers industry-leading encryption, ransomware, and security features, and enables customers to receive industry-leading physical and environmental security in an Equinix International Business Exchange (IBX®) data center to help ensure customer data remains protected. NetApp’s proactive ransomware detection capabilities can identify potential cybersecurity threats and automatically perform an additional immutable back up of data if a threat is suspected.
  • Global Reach: Equinix's extensive global footprint lets users take advantage of NetApp Storage on Equinix Metal in Equinix IBX data centers across the world. As of June 2023, Equinix has a total of 250 IBX data centers globally in 71 metros with 26 Equinix Metal locations.
  • Simplified Management: NetApp's unified control plane for storage and data services provides customers with comprehensive control and visibility over their data no matter where it resides. Equinix Metal's automated provisioning platform further simplifies deployment and management.

“The growth of cloud adoption, the acceleration of AI, and the desire to derive real-time insights from data puts significant pressure on customers to optimize data management to gain a competitive advantage,” said Brian Stein, Senior Vice President, Edge Infrastructure Services at Equinix. “Achieving our goal of an integrated, full stack, solution is another milestone that provides enterprise customers low latency access to all clouds while keeping control of their data. This cloud adjacency helps transform how companies deploy applications, design their own solutions, and generate new revenue streams while simplifying operations and containing costs.”

NetApp Storage on Equinix Metal is a strategic expansion of NetApp’s Cloud strategy, adding a true hybrid multicloud experience. NetApp can now deliver the entire stack in Equinix IBX data centers outfitted with Equinix Metal. The solution provides an optimized connection to most major public clouds through local, high-speed connectivity through on ramps. On Equinix’s global dedicated bare metal equipment, users have full access to NetApp cloud services such as Cloud Volumes ONTAP.

Braze Customer Engagement Platform Now Available in AWS Marketplace

Braze Customer Engagement Platform Now Available in AWS Marketplace

customer engagement 16 Oct 2023

Leading customer engagement platform is now available in AWS Marketplace enabling simplified procurement and fast deployment on AWS

Braze (Nasdaq: BRZE), the comprehensive customer engagement platform that powers interactions between consumers and the brands they love, announced today that it’s now available in AWS Marketplace, a digital catalog with thousands of software listings from independent software vendors that make it easy to find, test, buy, and deploy software that runs on Amazon Web Services (AWS). The launch signals a deepening relationship between Braze and Alloys partner AWS, and makes it easier for Braze customers and prospects to enjoy the simplified procurement that AWS Marketplace offers.

Today’s consumers increasingly expect relevant, timely, and personalized brand experiences across channels. To meet this growing demand, it's essential that brands have easy access to a powerful customer engagement platform to seamlessly create multi-channel experiences that exceed customer expectations, building strong loyalty and retention that drive business outcomes. In fact, brands that leverage cross-channel customer engagement strategies across in-product messaging, like in-app/browser messaging, and out-of-product messaging, like email or push, can boost 90-day retention rates by 55% and help brands achieve an average 3.2X uplift in purchases per user.

Braze believes a brand's most valuable asset is its customer relationships. Leading companies use Braze to power customer-centric interactions in a meaningful and valuable way. The Braze platform empowers brands to listen to their customers better, understand them more deeply and act on that understanding in a way that is human and personal. Using Braze, brands ingest and process customer data in real time, orchestrate and optimize contextually relevant, cross-channel marketing campaigns, and continuously evolve their customer engagement strategies.

“Together with AWS, we continue to help companies power compelling and innovative customer engagement strategies and experiences at scale to seamlessly deliver loyalty, advocacy, and ongoing business value,” said Matt McRoberts, SVP of Global Alliances of Braze. “This expanded availability of Braze will allow our shared customers to better leverage AWS cloud investments and the convenience of AWS Marketplace.”

Find Braze in AWS Marketplace here. Learn more about Braze’s relationship with AWS here.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding the expected benefits resulting from availability of Braze in AWS Marketplace and the anticipated performance and benefits from the Braze product platform. These forward-looking statements are based on the current assumptions, expectations and beliefs of Braze, and are subject to substantial risks, uncertainties and changes in circumstances that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Further information on potential factors that could affect Braze results are included in Braze’s Quarterly Report on Form 10-Q for the fiscal quarter ended July 31, 2023, filed with the U.S. Securities and Exchange Commission on September 8, 2023 and the other public filings of Braze with the U.S. Securities and Exchange Commission. The forward-looking statements included in this press release represent the views of Braze only as of the date of this press release, and Braze assumes no obligation, and does not intend to update these forward-looking statements, except as required by law.

   

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