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Sequoia Leads $2.7M Seed Round to Launch ReleaseHub, Environments-as-a-Service

ReleaseHub

ReleaseHub, maker of Environments-as-a-Service, today announced a seed round of $2.7 million led by Sequoia, with participation from Y Combinator, Rogue VC, Liquid Capital, and other angel investors. ReleaseHub is also announcing general availability of its Environments-as-a-Service platform, which allows organizations to quickly and easily deploy, manage, and reproduce production-replica environments. Customers use ReleaseHub to remove environment bottlenecks in software delivery, deliver on-demand sales demo environments, and deliver production environments and SaaS solutions into their customer’s virtual private clouds. Environments are one of the greatest bottlenecks for software development, causing developers to sit idle and release dates to slip. Software organizations don’t provision enough environments because they are complex to stand up and costly to maintain. ReleaseHub lets developers easily create reproducible environments that are exact replicas of the production environment. These environments run on Kubernetes in the software developer’s cloud account and have access to all of the developer’s cloud native services. ReleaseHub environments can be created on-demand, through a command line interface, with a pull request or via an API to allow for easy integration with existing CI/CD solutions. "One of the most pervasive problems in software development is that development and production environments are never the same. Access to multiple pre-production environments that are precise replicas of production is a critical facilitator of collaboration between teams, yet managing numerous environments is so time consuming that companies ration access,” said Bogomil Balkansky, partner at Sequoia. “ReleaseHub removes these pain points with its Environments-as-a-Service platform, which makes the software development process more efficient.” ReleaseHub was founded by Tommy McClung, Erik Landerholm and David Giffin, who led the technology team at an ecommerce company where they led the companywide effort to remove environment bottlenecks. There were no commercial solutions at the time so the founders built their own environment bottleneck solution and soon after launched ReleaseHub to commercialize Environments-as-a-Service. "As modern cloud-based applications have become more complex with microservices and an ever growing arsenal of cloud services, it has become incredibly difficult for teams to create and maintain numerous environments, " said McClung, ReleaseHub CEO. “We are transforming environments from an organizational headache into a one-click convenience.” Datasaur, an artificial intelligence technology company, started using ReleaseHub to accelerate software development and testing, as well as reduce bottlenecks in pre-production development. The company needed to quickly scale and used ReleaseHub to power its production environments. ReleaseHub provided the power of Kubernetes without having to invest in a lengthy and costly Kubernetes migration. “ReleaseHub enables Datasaur to focus on building applications without requiring a complex environment management infrastructure,” said Ivan Lee, Datasaur founder and CEO. “This has improved the efficiency of launching our services for the Datasaur community and added capabilities that have allowed us to handle our rapid growth.” About ReleaseHub: ReleaseHub delivers Environments-as-a-Service. It lets developers easily share progress with stakeholders when a full stack environment is created with every pull request directly in Slack. Every environment is a full instance of the app with all its services. ReleaseHub was funded by Sequoia with additional investments by other VC firms. More information is available at www.releasehub.com Contact Details Owen Media Forrest Carman +1 206-859-3118 forrestc@owenmedia.com Company Website https://releasehub.com/

April 29, 2021 09:00 AM Pacific Daylight Time

Comcast Launches Additional 44 WiFi-Connected “Lift Zones” in Twin Cities

Comcast Twin Cities

As part of its ongoing commitment to help connect low-income families to the Internet so they can fully participate in educational opportunities and the digital economy, Comcast today announced it has equipped 44 additional locations in the Twin Cities with WiFi-connected “Lift Zones” bringing the total to 74. Working with its network of nonprofit partners, Comcast is providing robust WiFi hotspots in safe spaces designed to help students get online, participate in distance learning and do their homework. This initiative provides free connectivity inside partner community centers for the next three years. “We are so pleased to be the recipients of Comcast’s Lift Zone Wi-Fi connectivity in our recreation centers and other park facilities,” said Minneapolis Park and Recreation Board Superintendent Al Bangoura. “As we move toward re-opening more recreation centers for safe in-person programming, we are looking forward to providing programs that support youth in doing their schoolwork, facilitate work readiness training, and invite families in to access virtual activities and information.” “We are proud to partner with community organizations across the Twin Cities and equip them with free internet service that will provide kids with safe, fast and reliable connectivity to keep up with school and prepare for a brighter future,” said J.D. Keller, regional senior vice president, Comcast Twin Cities. “The COVID-19 crisis continues to put many low-income students at risk of being left behind, accelerating the need for comprehensive digital equity and internet adoption programs to support them. We hope these Lift Zones will help those students who, for a variety of reasons, are unable to connect to effective distance learning at home.” Some of the new Twin Cities community organizations that have established Lift Zones in their respective facilities include 40 Minneapolis Parks & Rec locations and Face to Face in St. Paul. A full list of new Comcast Lift Zones can be found here. In March, Comcast announced a $1 billion commitment over ten years in continued support of digital equity, including its Lift Zones initiative, which aims to establish WiFi-connected safe spaces in 1,000+ community centers nationwide for students and adults by the end of 2021. Lift Zones complement Comcast’s Internet Essentials program, which has helped connect a cumulative total of 10 million low-income people to the Internet at home since 2011, including more than 272,000 Minnesotans. About Comcast Corporation Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company that connects people to moments that matter. We are principally focused on broadband, aggregation, and streaming with over 56 million customer relationships across the United States and Europe. We deliver broadband, wireless, and video through our Xfinity, Comcast Business, and Sky brands; create, distribute, and stream leading entertainment, sports, and news through Universal Filmed Entertainment Group, Universal Studio Group, Sky Studios, the NBC and Telemundo broadcast networks, multiple cable networks, Peacock, NBCUniversal News Group, NBC Sports, Sky News, and Sky Sports; and provide memorable experiences at Universal Parks and Resorts in the United States and Asia. Visit www.comcastcorporation.com for more information. Contact Details Comcast Jill Hornbacher +1 651-425-1695 Jill_Hornbacher@comcast.com Comcast Dave Nyberg +16513416401 Dave_Nyberg@comcast.com Company Website https://twincities.comcast.com/

April 29, 2021 10:00 AM Central Daylight Time

Burkland Adds New HR and People Operations Services for Startups To Help Simplify Remote Employee Set-Up Across the US

Burkland

Burkland, a full service fractional CFO and accounting provider serving more than 300 startups across the U.S., today announced a new dedicated HR and People Operations practice. Designed to meet the specific needs and challenges of supporting remote workforces, the new practice offers comprehensive support with everything from relocation, training and onboarding to ensuring compliance with state employment rules and regulations. With remote work spreading employees throughout the U.S., creating new Covid-related business challenges, startups are being forced to quickly understand and meet unfamiliar compliance regulations as well as widely varying state laws. Burkland manages the entire process for them so they can stay focused on the demands of operating and growing their businesses. "Many of our clients, like startups all over the country, are dealing with the challenges of a remote Covid workforce and it’s likely this trend will continue,” said Burkland CFO Bobby Davidorf. “This creates tedious and complicated internal process creation and compliance mandates. Burkland's People Operations service was designed to manage the entire process and allows start up execs to focus on what they need to to keep their businesses running smoothly.” Unlike most outsourced HR and People Operations services, Burkland’s new practice is the only one of its kind to offer the strategic insights and services startups need, including: Relocation Support Creation of Employee Reimbursement Policy (Taxable vs Non-Taxable Benefits) Creating, Updating, and Distributing Employee Handbooks Parental Leave Policy Implementation Offering Discounted Employee Harassment Training Create a Continuing Education Policy Develop a Training/Onboarding Program for New Hires Implementation of a Performance Review System Payroll State Registrations Payroll Reconciliations ― Payroll Reports vs GL Benefit Renewals / Open Enrollment Assistance with New Hire Onboarding Assistance with Termination Offboarding Spatial, the immersive audio experience company that provides compelling, dynamic soundscapes, turned to Burkland for HR and Finance management after experiencing the pain points of most start ups -- a lack of organization, communication and information consolidation across administration departments. “We hired Burkland to take over our CFO and People Operations after experiencing pain points that many startups do: a lack of organization, communication, and information consolidation across our administrative departments,” said Bella Kidd, Director of Business Operations for Spatial. “Partnering with Burkland has allowed our small company to streamline our hiring processes, greatly improve contractual and financial organization and optimize employee benefits. We are extremely satisfied with the energy and expertise Burkland has introduced to our small team and we thank them for making our People and Financial operations run seamlessly!” “Most early-stage companies don’t have the resources to bring HR in-house. If you have fewer than 50 employees, full-fledged HR is simply not that realistic,” said DJ Marini, Managing Director of the Burkland Bookkeeping and Accounting Team. “We’re thrilled to be able to offer the new HR and People Operations practice to help our founder clients to keep their focus on operating and growing their businesses.” About Burkland’s HR and People Operations Services Burkland provides more than 300 SaaS, Healthcare, Fintech and Consumer startups with strategic financial guidance from Pre-Seed to Series C and beyond. In addition to fractional CFO, startup accounting and tax services, Burkland is now offering back-office HR services. Our specialty is assisting with remote employee teams and ensuring compliance in each state. Burkland will manage everything employee-related once you make the hire, so you and your growing team can focus on your business. About Burkland Burkland is a full-service fractional CFO and Accountant provider, serving more than 300 startups across the United States. SaaS, Healthcare, Fintech and Consumer companies rely on Burkland for smarter finance, accounting, HR, and tax guidance to grow with confidence. With more than 20% market share in the industry, we pride ourselves on giving startups financial expertise that makes economic sense for all growth stages, ranging from Pre-Seed to Series C. Our on-demand CFOs, accountants and HR and tax experts give strategic guidance to ease a company’s growing pains and provide financial insight to scale. Learn more at Burkland Contact Details Burkland Renee Maler +1 510-499-9746 renee@philosophypr.com Company Website https://burklandassociates.com/

April 29, 2021 09:32 AM Eastern Daylight Time

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Velocity Global names veteran global leader Sarah Fern as Chief People Officer

Velocity Global

Velocity Global, the leading provider of global employment solutions, welcomed veteran human resources leader Sarah Fern as its new Chief People Officer. Fern leads the people strategy for Velocity Global’s growing remote-first team of 300 in 16 countries that is expected to double over the next 18 months. Fern applies two decades of experience including leading global remote teams for international brands and high-growth companies. She is responsible for employee engagement and satisfaction, as well as recruiting and career development. Based in London, Fern joins the executive team and reports directly to founder and CEO, Ben Wright. “Sarah oversees the most important asset of our company - our people - and our most important strategy - our culture,” said Wright. “She brings perspective as a previous client and now as leader of our growing team. She steers our global employee experience as we deploy our first capital infusion and integrate the iWorkGlobal team.” Velocity Global announced a $100 million growth investment from FFL Partners and its acquisition of iWorkGlobal earlier this month. The combined company creates the largest Employer of Record (EoR) in 185 countries and all 50 United States. Brands rely on Velocity Global’s expertise and global infrastructure to employ a compliant global workforce without the cost or complexity of setting up their own foreign legal entities or state registrations. As the Employer of Record, Velocity Global manages our clients’ workforce by providing in-country and in-state compliance, payroll, and benefits for the supported employees. Fern joins Velocity Global from the Talent Management software technology space. Most recently she served as Human Resources Director for Saba Software (now part of Cornerstone OnDemand) through several major acquisitions, business integrations, and transformations into a public company. Fern was a client of Velocity Global as Saba Software expanded into Mexico. “I experienced firsthand the ‘People First’ approach from Velocity Global and am privileged to lead the employee experience for this incredible group of professionals,” said Fern. “As businesses leverage global remote workforces like never before, Velocity Global leads by example and delivers an exceptional customer and supported employee experience.” In addition to EoR services, the company offers Independent Contractor Compliance to assess a workforce and Agent of Record (AoR) to streamline payments to contractors globally. Its platform combines these elements with a personalized customer experience, best-in-breed technology, and increased scale for companies to grow their remote workforce. Prior to Saba Software, Fern held roles with Honeywell and Mattel. Her biography is available on Velocity Global’s Leadership page. ABOUT VELOCITY GLOBAL Velocity Global accelerates the future of work beyond borders. Its platform enables businesses to employ remote teams and expand internationally through global expertise, best-in-breed technology, and scale. More than 700 brands rely on its Employer of Record model and infrastructure, also called an International PEO (Professional Employer Organization), in 185 countries and all 50 United States to compliantly employ thousands of supported employees, access global talent, and grow revenue. Named a “Leader” in Global Employer of Record services by prominent analyst firm NelsonHall, Velocity Global is a strategic partner to its clients through additional comprehensive services including Immigration, Independent Contractor Compliance to assess a workforce, and Agent of Record (AoR) to streamline payments to contractors globally. Founded in 2014, the company is headquartered in Denver, Colorado, with regional headquarters in Amsterdam, Bogotá, and Singapore, with local employees in 16 countries. Contact Details Velocity Global John Hall +1 303-204-6131 johnhall@velocityglobal.com Company Website https://velocityglobal.com/

April 29, 2021 07:02 AM Mountain Daylight Time

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iTradeNetwork Adds Sales Leaders To Executive and Operations Staff

iTradeNetwork

iTradeNetwork, the global provider of supply chain management solutions for the food and beverage industry, announced two new key additions to its team today. Theresa Trees was named Executive Vice President of Commercial Sales and Amy Mi was appointed Vice President of Sales Operations. “Theresa and Amy bring us a deep understanding of sales in the supply chain and technology industries. iTradeNetwork is experiencing tremendous growth, and welcoming these two strong sales leaders will help us reach ambitious goals,” said Rhonda Bassett-Spiers, CEO of iTradeNetwork. Theresa brings more than 17 years of experience in sales and 11 years in supply chain solutions to iTradeNetwork. As EVP Commercial Sales, she is building a strong team to help drive iTradeNetwork’s growth. Before iTradeNetwork, Theresa worked in sales at SPS Commerce, Salesforce and Wells Fargo. Amy has more than 25 years of experience in sales operations and strategies, sales and marketing finance, commercial finance, corporate FP&A and business consulting. She has spent most of her career in the high-tech industry. As VP of Sales Operations, she is enhancing her team’s capabilities to help the front-line sales team optimize their efforts and maximize results. Prior to iTradeNetwork, she worked at Anaplan, Netgear, Polycom and Nvidia. ABOUT ITRADENETWORK iTradeNetwork, Inc. is the leading global provider of supply chain management solutions for the food and beverage industry, with more than 8,000 active customers. Suppliers and resellers connect on iTradeNetwork’s technology platform to create active partnerships and easily transact. The platform also provides one-stop-shopping for freight, food traceability, fresh inspection and supply chain compliance, which creates efficiencies for buyers and sellers alike. For more information, visit: www.itradenetwork.com. Media please note: Visual assets, photos and interviews are available by contacting Robin Carr at (415) 971-3991or itn@landispr.com. Contact Details Landis Communications Inc. Robin Carr +1 415-971-3991 itn@landispr.com Company Website https://www.itradenetwork.com/

April 28, 2021 02:02 PM Pacific Daylight Time

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Lewis-Price & Associates Executive Coach Carrie-Ann Barrow Acquires Prestigious Coaching Certifications

Lewis-Price & Associates, Inc.

Lewis-Price & Associates Inc., a fast-growing mission solutions company that supports federal agencies through premiere training, program management and technology services, announced today that its internal executive coach, Carrie-Ann Barrow, has received two new coaching certifications — Certified Professional Co-Active Coach from Coaches Training Institute, and Professional Coaching Certification from the International Coaching Federation. These are some of the most prestigious and rigorous coaching certifications available today. “Congratulations to Carrie-Ann on these certification achievements and her hard work,” said Ken Coleman, founder and CEO of Lewis-Price. “Leadership consulting is imperative for the growth of any company, and we are so fortunate to have Carrie-Ann supporting Lewis-Price team members to help them achieve ultimate career performance and success. At the start of my career, I worked with Carrie-Ann as an executive coach. These additional certifications are a testament to her superior knowledge and value as the leader of our internal coaching program, and we are extremely honored to have her on our team.” Carrie-Ann has been working as an executive coach for Lewis-Price since 2019. In 2000, she founded DBTS Inc., an information technology staffing company in Washington, D.C.; she sold the business in 2006. She was featured as one of Washingtonian’s “Women to Watch” in the metropolitan area. Carrie-Ann is also a Leadership Circle certified practitioner, certified DISC and EIQ-2 practitioner and DISC workshop leader. “Lewis-Price is an incredible organization and I appreciate the operational culture Ken has created that puts such a high value on supporting all team members as a core part of workforce development,” Barrow said. “Too often, companies see coaching as punitive or remedial; however, Lewis-Price has treated coaching as a part of its internal growth and success strategy. I am excited to continue helping Lewis-Price employees explore and understand their values and talents and achieve career fulfillment.” About Lewis-Price & Associates Inc. Lewis-Price & Associates, Inc., is a fast-growing mission solutions company that supports federal agencies through premiere training, program management and IT services. Serving federal agencies across the government spectrum, from defense to civilian, we ensure success of ongoing federal agency operations through effective curriculum development, professional coaching, program management, administrative and technical services. Lewis-Price is committed to providing high quality, effective and on-time solutions to partners and customers through a team that values integrity, intention, and excellence in everything we do. Learn about how we can bring our unique approach to success to your organization today at lewisprice.com and please follow us on LinkedIn, Facebook and Twitter. Lewis-Price & Associates, Inc., is a fast-growing mission solutions company that supports federal agencies through premiere training, program management and IT services. Serving federal agencies across the government spectrum, from defense to civilian, we ensure success of ongoing federal agency operations through effective curriculum development, professional coaching, program management, administrative and technical services. Lewis-Price is committed to providing high quality, effective and on-time solutions to partners and customers through a team that values integrity, intention, and excellence in everything we do. Learn about how we can bring our unique approach to success to your organization today at lewisprice.com and please follow us on LinkedIn, Facebook and Twitter. Contact Details Lewis-Price & Associates, Inc. +1 703-727-9182 communications@lewisprice.com Company Website https://www.lewisprice.com/

April 28, 2021 08:30 AM Eastern Daylight Time

Applied Insight’s Award-Winning Altitude Now Enables Multi-Cloud by Adding Azure Compatibility

Applied Insight

Applied Insight, a market leader in solving complex technology challenges for federal government customers, announced today that its award-winning cloud infrastructure platform Altitude is now compatible with Azure Commercial, Azure Government and Azure Secret. This latest product enhancement expands Altitude’s customer operations across multi-cloud environments. “This enhancement is a significant step in expanding the multi-cloud capabilities and solutions of our products,” said Adam Gruber, CTO of Applied Insight. “Both our cloud solutions, Altitude and SHIFT, are now Azure compatible. The Applied Insight team continues to evolve our products based on the needs of our customers. We’re committed to going wherever our customers need to in order for them to function securely in the cloud.” Altitude transforms cloud operations by facilitating software development, enabling secure enterprise-class telework solutions, and providing migration and application hosting. The easy-to-use, modular cloud infrastructure platform provides an enhanced end-user experience while adhering to government security and compliance requirements by default. By removing major barriers to cloud adoption, Altitude provides government agencies and large system integrators with full control, compliance and visibility over their cloud environments as they grow. Applied Insight continues to enhance its cloud credentials with Altitude by providing a trusted infrastructure for public sector customers in the U.S., from large federal agencies to local governments. The Altitude cloud platform was recognized as an Industry Innovation Award winner at the 2019 Government Innovation Awards presented by Washington Technology, Federal Computer Week, Government Computer News and Defense System for its transformational impact on the government’s ability to use the full power of the cloud. Applied Insight has attained the Silver Cloud Platform Competency (Azure Consumption) and is a member of the Azure Government Cloud Solution Provider program. For more information, please reach out to altitude@applied-insight.com to see how this new capability can help you and your team better manage the cloud at scale. About Applied Insight At Applied Insight, we deliver pragmatic solutions for federal missions that cannot wait. We work closely with agencies and industry to overcome technical and cultural hurdles to innovation, empowering them with the latest cloud, data and cyber capabilities. Our solutions help people work better, faster and more securely – no matter where they are. To learn more about us, visit applied-insight.com or follow us on LinkedIn and Twitter. At Applied Insight, we deliver pragmatic solutions for federal missions that cannot wait. We work closely with agencies and industry to overcome technical and cultural hurdles to innovation, empowering them with the latest cloud, data and cyber capabilities. Our solutions help people work better, faster and more securely, no matter where they are. Contact Details Kristina Messner +1 703-678-6023 kmessner@focusedimage.com Company Website https://www.applied-insight.com/

April 28, 2021 08:30 AM Eastern Daylight Time

Israeli AgTech genetics companies and academic researchers team up to apply the latest genomic selection algorithms to boost farming performance of freshwater shrimp in Asia

NRGene

Enzootic Genetics & Innovation, NRGene and Ben-Gurion University of the Negev will create a new technological consortium to apply the latest genomic selection technologies developed by NRGene for the enhancement of Enzootic’s freshwater shrimp breeding program and performance of its proprietary all-female populations. Enzootic Genetics & Innovation, an animal biotechnology and genetics company leading the all-female freshwater shrimp revolution, and NRGene (TASE: NRGN), an AI based genomic company operating in the agricultural industry, have signed a new technological collaboration agreement. Based on their successful cooperation from 2018 of sequencing and assembling the world’s first high-quality genome of freshwater shrimp M. rosenbergii, the two tech companies, together with researchers from the Life Sciences Department of Ben-Gurion University of the Negev, and the support of the Israel Innovation Authority, will harness NRGene’s novel quantitative genomics breeding tools and algorithms to Enzootic’s genetic selection program. The objective of this collaboration is the selection of superior breeding genetics that will eventually translate into an improvement in yield and revenues for farmers using Enzootic’s all-female freshwater shrimp. “Enzootic assimilates the latest genomic big data tools to accelerate our genetic selection program. Our previous successful collaboration with NRGene, and their pioneering genomic tools, paved the way for this milestone collaboration,” said Managing Director of Enzootic Genetics & Innovation Mr. Amit Hochman. “The continual performance improvement of our all-female population is attributed to data-driven parent populations selection, through Enzootic’s hatcheries in Asia and ultimately the yields of farmers that use this proprietary mono-sex farming strategy.” “Our new collaboration with Enzootic, alongside our past success, is part of NRGene’s strategy to support and enhance breeding of highly important aquaculture species, such as shrimp.” said Dr. Gil Ronen, NRGene’s CEO. “We continuously develop powerful big data analysis tools that navigate genetic selection programs like the one implemented in freshwater shrimp by Enzootic.” “This collaboration, together with academic researchers from Ben-Gurion University of the Negev, creates a unique opportunity to align population quantitative genomic data, with our basic science transcriptomic and metabolic libraries, investigated and studied by our group” said crustacean endocrinologist Prof. Amir Sagi of Ben-Gurion University of the Negev. “This alignment may shed new light on the understanding and regulation of key physiological processes in M. rosenbergii ”. About Enzootic Genetics & Innovation Enzootic Genetics & Innovation is the genetic production arm and R&D center of Enzootic, a Singaporean animal genetic and biotechnology company vertically positioned to support the breeding and farming of all-female freshwater shrimp. Enzootic Genetics & Innovation’s core IP is a cell-based technology that taps into the natural sexual plasticity of shrimp to produce all-female populations, without the use of genetic modification, hormones, or chemicals. Enzootic's proprietary all-female freshwater shrimp populations are produced and supplied to farmers in key territories in Asia through Enzootic's independent hatcheries and nurseries. http://enzootic.com Follow us on LinkedIn About NRGene NRGene develops and commercializes cutting-edge AI based genomic tools that are reshaping agriculture and livestock worldwide. Our cloud-based software solutions are designed to analyze big data generated by next generation sequencing technologies in an affordable, scalable and precise manner. By applying our vast proprietary databases and AI-based technologies, we provide leading international agriculture, seed and food companies, with computational tools to optimize and accelerate their breeding programs. For more information visit www.nrgene.com About Ben Gurion University in the Negev Ben-Gurion University of the Negev (BGU) is the fastest growing research university in Israel, fulfilling the vision of David Ben-Gurion, Israel’s legendary first prime minister, who envisaged the future of Israel emerging from the Negev. The University is at the heart of Beer-Sheva's transformation into an innovation district, where leading multinational corporations and start-ups eagerly leverage BGU’s expertise to generate innovative R&D. BGU effects change, locally, regionally, and internationally. With faculties in Engineering Sciences; Health Sciences; Natural Sciences; Humanities and Social Sciences; Business and Management; and Desert Studies. Contact Details Enzootic Genetics & Innovation Amit Hochman - Managing Director +972 52-389-3796 Amit@enzootic.com NRGene Yana Voldman - Marketing Director +972509002844 yana.voldman@nrgene.com BGU Ehud Zion Waldoks - Deputy Spokesperson, International Media +972546775564 ezw@bgu.ac.il Company Website https://www.nrgene.com

April 28, 2021 08:00 AM Eastern Daylight Time

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Silicon Valley SaaS Luminaries Open Seed Round for Enterprise AI Startup CIPIO

CIPIO.ai

CIPIO, a B2C Subscription Customer Success company, today announced that Tony Alika Owens and Marge Breya have joined its board of directors and started its seed round. Owens, who previously served as President of Sales Force and Group Vice President of Oracle will be the resident SaaS Growth expert at CIPIO. Having led the launches of multiple Salesforce Portfolio Products, including Einstein, Owens has gathered priceless knowledge on how to roll out and rapidly scale AI-powered SaaS products – a skill that will prove indispensable to CIPIO as it accelerates innovation and growth in the coming months. Breya currently serves as a strategic advisor for 8X8, a leading VoIP solution provider and her leadership in B2B Marketing and Customer Success Strategies for multiple high-growth startups and enterprises will be indispensable in CIPIO’s product roadmap and market expansion. She has extensive B2B GTM and Customer Success expertise spanning over 25 years as a General Manager, Chief Operating Officer, and Chief Marketing Officer – as well as a board veteran – at some of the world’s leading software companies, including SAP, MicroStrategy, Ionic Security, Informatica Corporation, and HP. Breya has also held public company board positions at Jive Software, LSC Communications, and Document Sciences Corporation. “There is no better way for a startup like CIPIO to come out of stealth mode and launch than with a vote of confidence from Tony and Marge,” said Sundeep Sanghavi, Co-Founder and Chairman of CIPIO. “These two powerhouses are proven experts at building, leading, and scaling SaaS companies fast. Their joint decision to invest in CIPIO and kick off our seed round is a strong validation of our team, unique IP, and massive opportunity in one of the fastest growing economies of B2C Subscription.” B2C Subscription Economy is predicted to be @ $478B by 2025 at 68% CAGR, yet its churn rate is double its counterparts in B2B SaaS Economy. CIPIO is uber obsessed with driving growth for B2C Subscription companies through its Domain Infused Data Apps Platform™. “We no longer live in a world where customer lifecycles are linear,” said Owens. “With massive shifts in consumer behavior, B2C Subscription companies need better solutions to minimize churn and boost upsell opportunities. CIPIO’s domain infused Data Apps enables B2C Subscription companies to analyze customer triggers faster, proactively address engagement blindspots and maximize customer impact for repeatable growth and lifetime value.” “CIPIO is determined to bring the power of customer acquisition and retention machine learning to high-churn consumer subscription markets,” said Breya. “Two out of three B2C Subscription companies lack a robust strategy to prevent customer churn. CIPIO’s unique algorithms predict and recommend who, when, what, why, where, and how across mediums and channels enabling B2C Subscription companies to retain customers and drive continuous growth, regardless of transient market dynamics.” About CIPIO: CIPIO is pioneering the Industry's first domain-infused Data Apps Platform™ that humanizes and automates predictions and recommendations to increase Subscriber engagement, retention, and growth for B2C Businesses. CIPIO's early adopters include Crunch Fitness, Industry's Gym, Xponential Fitness, Motor City Church, Pure Barre, Club Pilates, AKT, YogaSix, NCFit, Cyclebar, RowHouse, Stretch Lab, and Stride who have witnessed a significant return on investment in a short time. Contact Details CIPIO Chris Foudy +1 831-238-1905 chris@cipio.ai Company Website https://cipio.ai/

April 27, 2021 01:18 PM Eastern Daylight Time

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