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Lightbits Labs Awarded Four Patents

Lightbits Labs

Lightbits Labs™, the pioneer and leader in NVMe™ over TCP (NVMe/TCP) software-defined storage, today announced it has been assigned four patents (10,956,346) for “Storage system having an in-line hardware accelerator,” (10,963,393) “Storage system and a method for application aware processing,” (10,684,964) “System and method for reducing read latency in storage devices,” and ( 10,990,447 ) “System and method for controlling a flow of storage access requests.” The abstract of the patent (10,956,346) published by the U.S. Patent and Trademark Office states: A storage system that includes an in-line hardware accelerator, a solid-state drive (SSD) unit, a central processing unit (CPU), a volatile memory module, and an accelerator memory module that is coupled to the in-line hardware accelerator or belongs to the in-line hardware accelerator; wherein the in-line hardware accelerator is directly coupled to the SSD unit, the volatile memory and the non-volatile memory; wherein the CPU is directly coupled to the volatile memory and to the non-volatile memory; wherein the in-line hardware accelerator is configured to manage access to the SSD unit; wherein the in-line accelerator is configured to retrieve data stored in the volatile memory module and the non-volatile memory module without involving the CPU. The patent (10,956,346) application was filed on December 29, 2017 (15/857,756). Inventors: Shmuel Ben-Yehuda, Ofir Efrati, Sagi Grimberg, Eran Kirzner, Ziv Tishel, Fabian Trumper The abstract of the patent (10,963,393) published by the U.S. Patent and Trademark Office states: A method for accessing a storage system, the method may include receiving a block call, from a processor that executes an application and by a storage engine of a computer that is coupled to a storage system; generating, by the storage engine and based on the block call, a key value call; and sending the key value call to a key value frontend of the storage system. The patent (10,963,393) application was filed on December 29, 2017 (15/857,758). Inventors: Shmuel Ben-Yehuda, Ofir Efrati, Abel Alkon Gordon, Eran Kirzner, Fabian Trumper The abstract of the patent (10,684,964) published by the U.S. Patent and Trademark Office states: A system and a method for reducing read latency of a storage media associated with at least one host computer, by at least one processor, may include assigning each storage segment of the non-volatile storage to a first Read-Latency Set (RLS) and a second RLS, wherein the first RLS is attributed a read/write mode and the second RLS is attributed a read-only mode; receiving read-requests and write-requests from the at least one host computer, wherein each of said requests is attributed a priority; and serving the received requests according to RLS work modes and according to the priority of each request. The patent (10,684,964) application was filed on June 16, 2020 (16/051,500). Inventors: Abel Alkon Gordon, Sagi Grimberg, Shmuel Ben-Yehuda The abstract of the patent (10,990,447) published by the U.S. Patent and Trademark Office states: A method and a system for controlling the access of a plurality of client computers to storage media, the system including: a processor, a Random-Access Memory (RAM) device; and a Network Interface Controller (NIC), configured to establish a plurality of connections with the clients. The processor may dynamically allocate a buffer memory space to each connected client computer on the RAM device, and the NIC may be configured to receive at least one storage access request from at least one client, over at least one computer network connection. The RAM device may accumulate data of the at least one storage access request in the buffer allocated to the respective connected client computer, and the processor may be configured, upon completion of the accumulation of data, to propagate the buffered data to at least one storage device of the storage media. The patent (10,990,447) application was filed on July 12, 2018 (16/033,326). Inventors: Alexander Shpiner, Abel Alkon Gordon, Sagi Grimberg To read the patent abstracts and full detail go to: https://patents.justia.com/assignee/lightbits-labs-ltd For more information on the Lightbits leadership team, go to: https://www.lightbitslabs.com/company/ About Lightbits Labs Lightbits Labs’ mission is to lead the cloud-native data center transformation by delivering scalable and efficient software defined storage that is easy to consume. Founded in 2016, Lightbits brings the agility of hyperscale storage to private clouds and edge clouds. The company pioneered NVMe/TCP so the solution is easy to deploy at scale, while delivering performance that is similar to local flash. Lightbits Labs is backed by strategic investors including Cisco Investments, Dell Technologies Capital, Intel Capital, and Micron, as well as top investors and VCs including Avigdor Willenz, Lip-Bu Tan, Marius Nacht, SquarePeg Capital, and Celesta Capital. Visit www.lightbitslabs.com or contact us at info@lightbitslabs.com. Follow Lightbits Labs: Twitter, LinkedIn, and Facebook Lightbits, Lightbits Labs, LightOS, and Lightbits SuperSSD are trademarks of Lightbits Labs, Ltd. ### Contact Details Lightbits Labs Carol Platz alanryan@rainierco.com Company Website https://www.lightbitslabs.com/

June 21, 2021 08:03 AM Eastern Daylight Time

FREELANCER.COM PARTNERS WITH THE BUREAU OF RECLAMATION AND NASA TO IMPROVE HYDROPOWER SYSTEM RELIABILITY

Freelancer.com

Freelancer Limited (ASX: FLN), the world’s largest freelancing and crowdsourcing marketplace, in partnership with Arrow Electronics, one of the world’s largest electronic components distributors, has secured the US$250,000 Automated Maintenance of Protection Systems Challenge, for the Bureau of Reclamation. The aim of the challenge is to improve the reliability of hydropower plant generation by automating safety equipment testing and reducing plant downtime. Using the Freelancer.com and ArrowPlus platforms are expected to attract a large number of candidates offering a variety of viable solutions. “We’re excited to deliver the Automated Maintenance of Protection Systems Challenge ( AMPS Challenge ) for the Bureau of Reclamation using the world’s largest online talent pool of electronic & electrical engineers in what will be the largest challenge yet by an order of magnitude - a quarter of a million US dollars in prize money. If you have the skills, sign up now to Freelancer.com to participate”, said Freelancer Chief Executive, Matt Barrie. Freelancer has broad expertise in engineering with over 2.5 million freelance engineers on its platform, ~260,000 who specialize in electrical engineering. There are also millions of tangentially skilled experts including software, hardware, and firmware developers. Freelancer.com has sourced over 13,000 product designs from more than 6,000 designers in contests run on behalf of NASA. Freelancer built and operates ArrowPlus the world’s largest electrical and electronic engineering crowdsourcing platform which 175,000 leading technology manufacturers and service providers access to guide innovation. The Bureau of Reclamation’s AMPS Challenge will be a two-phase challenge seeking improvements and/or fresh concepts to automate protection system testing at Reclamation hydropower facilities: a White Paper Challenge and a Prototype Challenge. The White Paper Challenge offers a total prize of $100,000, expecting to award up to 10 prizes of $10,000 each. In the Prototype Challenge, commencing immediately after the White Paper Challenge ends, the best prototype will be awarded up to $100,000 prize. In addition, $10,000 awards will be presented for teams that excel in individual benchmarks for a total prototype purse of $150,000. See https://www.freelancer.com/reclamation for more details. This is the first task order won by Freelancer under the US$25 million NOIS2 joint tender and is valued at US$365,000. About the Bureau of Reclamation Established in 1902, the Bureau of Reclamation is best known for the dams, powerplants, and canals it constructed in the 17 western states. These water projects led to homesteading and promoted the economic development of the West. Reclamation has constructed more than 600 dams and reservoirs including Hoover Dam on the Colorado River and Grand Coulee on the Columbia River. The Bureau of Reclamation is the largest wholesaler of water in the USA. It brings water to more than 31 million people and provides one out of five Western farmers (140,000) with irrigation water for 10 million acres of farmland. Reclamation is also the second-largest producer of hydroelectric power in the United States. Its 53 power plants annually provide more than 40 billion kilowatt-hours generating nearly a billion dollars in power revenues and produce enough electricity to serve 3.5 million homes. About Freelancer ® Twelve-time Webby award-winning Freelancer.com is the world’s largest freelancing and crowdsourcing marketplace by total number of users and jobs posted. More than 53 million registered users have posted over 20 million jobs and contests to date in over 1,800 areas as diverse as website development, logo design, marketing, copywriting, astrophysics, aerospace engineering and manufacturing. Freelancer owns StartCon, Australia's largest startup conference, expo and entrepreneur community established in 2009, WarriorForum.com, the world’s largest Internet marketing community & marketplace, Escrow.com, the world’s largest provider of secure online escrow and online transaction management for consumers and businesses on the Internet, and Freightlancer, a global marketplace for freight, shipping and transportation. Freelancer Limited is listed on the Australian Securities Exchange under the ticker ASX:FLN, and on the OTCQX, under the ticker OTCQX:FLNCF. Contact Details Freelancer.com Sebastian Siseles +1 415-801-2271 sebastian@freelancer.com Freelancer.com Helma Kusuma +19179202356 helma@freelancer.com Company Website https://www.freelancer.com

June 21, 2021 07:00 AM Eastern Daylight Time

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Osmo Announces Amazon Prime Day Sale: Up to 40% Off Select Kits, Games, Bundles and More

Osmo

Award-winning STEAM brand Osmo announces it will offer up to 40% off select kits, games, bundles and more for Amazon Prime Day, June 21 and 22. All Prime Day deals can be viewed at Osmo’s Amazon store. Save 30% on these Osmo kits, games, and bundles at Amazon.com: Little Genius Starter Kit for iPad (base included) Little Genius Starter Kit for Fire Tablet (base included) Little Genius Starter Kit for iPad + Grab & Go Small Storage Case Bundle (for iPad Starter Kits) (base included) Little Genius Starter Kit for iPad + Grab & Go Large Storage Case for iPad Bundle (base included) Little Genius Starter Kit + Early Math Adventure for iPad (base included) Genius Starter Kit for Fire Tablet (base included) Genius Starter Kit + Family Game Night for iPad (base included) Creative Starter Kit for iPad (base included) Creative Starter Kit for iPad + Super Studio Disney Princess Bundle (base included) Creative Starter Kit for iPad + Little Genius Starter Kit for iPad (base included) Creative Starter Kit for iPad + Detective Agency Bundle (base included) Creative Starter Kit for iPad + Pizza Co. Bundle (base included) Math Wizard and the Secrets of the Dragons for iPad & Fire Tablet (base required) Math Wizard and the Magical Workshop for iPad & Fire Tablet (base required) Math Wizard and The Secrets of The Dragons & Magical Workshop for iPad & Fire Tablet Bundle (base required) Math Wizard and The Secrets of The Dragons & Magical Workshop for iPad Bundle (base included) Coding Family Bundle for iPad & Fire Tablet + Base for iPad (base included) Coding Family Bundle for iPad & Fire Tablet + Base for Fire Tablet (base included) Coding Family Bundle for iPad & Fire Tablet (base required) Super Studio Disney Mickey Mouse & Friends for iPad & Fire Tablet (base required) Super Studio Disney Princess + iPad Base Bundle (base included) Super Studio Disney Princess + Fire Tablet Base Bundle (base included) Super Studio Disney Frozen 2 + iPad Base Bundle (base included) Super Studio Disney Frozen 2 + Fire Tablet Base Bundle (base included) Super Studio Disney Princess Game + iPad Base Bundle (base included) Super Studio Disney Princess Game + Fire Tablet Base Bundle (base included) Osmo offers up to 30% off all kits and games at Target.com during Target Deal Days, which continues through June 22. The full list of Target deals can be viewed here. About Osmo Osmo is an award-winning STEAM brand whose products are used in over 50,000 classrooms and 2.5 million homes. It is building a universe of hands-on play experiences that nourish the minds of children by unleashing the power of imagination. The company brings physical tools into the digital world through augmented reality and its proprietary reflective artificial intelligence. Founded in 2013 by ex-Google engineers Pramod Sharma and Jerome Scholler, the Osmo Play System fuses digital gameplay and physical interaction to create fun and nutritious play experiences designed for all kids. Osmo is headquartered in Palo Alto, California. Learn more at playosmo.com. For information about its educational division, Osmo for Schools, visit schools.playosmo.com. Contact Details Carolyn Kamii PR Carolyn Kamii +1 310-251-0550 carolynkpr@gmail.com Osmo Karen O'Dell karen@playosmo.com Company Website http://www.playosmo.com

June 21, 2021 12:01 AM Pacific Daylight Time

How AI is Helping the Fight Against Breast Cancer

YourUpdateTV

Breast cancer recently surpassed lung cancer as the number 1 diagnosed cancer in the U.S., excluding nonmelanoma skin cancer. Additionally, the National Cancer Institute recently predicted an almost 10,000 excess deaths from breast and colorectal cancers over the next 10 years as a direct result of the pandemic, making it now more important than ever for women to take control over their breast health. Recently, Randy Hicks, MD, MBA, Co-Owner and CEO of Regional Medical Imaging (RMI) in Michigan, participated in a nationwide satellite media tour to discuss how new technology is helping the fight against breast cancer. A video accompanying this announcement is available at: https://youtu.be/7nWf973J1ww The COVID-19 pandemic brought routine health screenings, such as mammograms, to a screeching halt, declining up to 92% in some areas last year, according to a study in the Journal of the American College of Radiology. Now, with Americans getting vaccinated and infection rates decreasing around the country, many women are playing catch-up on these vital health screenings, which leads to another issue — a drastic increase in workload for doctors, who must face a surge of patients who need to be screened. Fortunately, an innovative new tool is available to help clinicians cope with this sudden demand, which at the same time provides them a higher degree of accuracy than ever before. ProFound AI ® uses the latest in deep-learning artificial intelligence (AI) and is clinically proven to help radiologists read mammograms more than 50% faster - and with more accuracy - while also reducing false positives and unnecessary callbacks, which can be stressful for women. ProFound AI was the first 3D tomosynthesis software using AI to be cleared by the FDA. For more information, visit icadmed.com About Randy Hicks, MD, MBA, Co-Owner and CEO of Regional Medical Imaging (RMI) in Michigan: Dr. Hicks is a distinguished practitioner, thought leader, and published researcher in women’s imaging for breast cancer, with additional interests and expertise in parathyroid and thyroid imaging, and in developing interventional breast biopsy procedures and products. A committed advocate for women’s healthcare, Dr. Hicks has worked closely with colleagues in the medical community to encourage multidisciplinary, best-practice approaches, having collaborated to establish local tumor boards that pool expertise from leading healthcare organizations in the region. He has also served as a catalyst for expanding the role of information technology and the use of artificial intelligence in enhancing the quality and efficiency of healthcare. About YourUpdateTV: YourUpdateTV is a social media video portal for organizations to share their content. It includes separate channels for Health and Wellness, Lifestyle, Media and Entertainment, Money and Finance, Social Responsibility, Sports and Technology. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

June 18, 2021 10:00 AM Eastern Daylight Time

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Correcting and Replacing: Travel Expert Dayvee Sutton Provides Tips to Plan Summer Vacations on a Budget

YourUpdateTV

(Correcting to include video)- After a year of being stuck at home, Americans are more eager than ever to get back to traveling this summer. A new survey from the payment network Affirm found 75% of respondents plan to go on at least one vacation this summer, and consumers will spend more money on travel than any other category. With the travel boom causing an increase in booking rates, it’s more important than ever to not overextend your budget in all the excitement of being able to travel again. A video accompanying this release can be found here: https://youtu.be/8S26C8ILWMo More Findings from Affirm’s Summer Survey: Vacations are the #1 activity consumers are most looking forward to this summer Respondents plan to spend the most money this summer on travel (41%), followed by going out to eat (38%) and a new summer wardrobe (35%) Nearly half (45%) of Americans plan to spend more money this summer than the past two combined 41% are interested in using a buy now, pay later solution this summer to help them spend responsibly, and 1 in 4 are interested in using a buy now, pay later solution to book travel Emmy Award-winning journalist, Dayvee Sutton, whose travel advice is featured regularly on national programs such as NBC News, Today, CNN and The Weather Channel has partnered with Affirm to give budget-friendly summer travel advice. Here are some of her tips: Take advantage of modern, flexible payment options. Overall, rates for flights and hotels are up because consumers are so eager to travel. But, there are new payment tools you can use to not overextend your budget. Dayvee recommends Affirm, and has partnered with them because it can help you stay in control of your finances by letting you spread out the cost of flights, hotels, homestays and travel experiences into biweekly or monthly payments with interest options as low as 0% APR for eligible consumers. Affirm can give you the flexibility to book vacations now and pay at your own pace on Expedia, Vrbo, Priceline, Delta Vacations and more. With Affirm, you know exactly what you’ll pay upfront, and that number never changes – there are no late or hidden fees. Know when to book and track your airfare to get the best deals. The most expensive part of your trip will likely be the flight. Book as early as you can and opt for mid-week flights. A study from CheapOAir found the best time to book a flight is between 21 and 95 days before the trip. And traveling on a Tuesday or Wednesday, rather than the weekend, will not only be cheaper, but less crowded. Be prepared but remain flexible. Research social distancing protocols for theme parks, museums, and other attractions before you arrive, since many venues require you to reserve tickets early. Try to find low-cost activities in advance, such as walking tours and natural parks. Remember to leave room for unexpected costs in your budget – if you’re traveling internationally, set aside money for COVID tests before re-entering U.S., which can cost anywhere from $50 - $150 per person. Embrace summer road trips. With airfare on the rise, taking a road trip to smaller destinations is a great budget-friendly option for families. To save even more on the road, pack your own food and snacks ahead of time. You can also use Affirm to pay at your own pace for road trip essentials at Walmart, Target and other retailers. About Dayvee Sutton: Dayvee Sutton is a highly sought-after and award-winning media personality and journalist covering travel, culture and the environment. Dayvee has contributed her expertise to outlets such as the U.S. News and World Report, AOL, Yahoo, ESPN, The Root, NBA.com, Black Enterprise, NBC News and USA TODAY Network. She is the go-to on-air travel expert for several national programs, including NBC News and TODAY, CNN and HLN, The Weather Channel and Dr. Oz. About Affirm: Affirm is a transparent alternative to credit cards that can give travelers the flexibility to book vacations now and pay over time, without any late or hidden fees. Affirm lets eligible consumers spread out the cost of flights, accommodations, experiences and more into biweekly or monthly payments at Expedia, Vrbo, Priceline, Delta Vacations, and more. If approved, Affirm can help you stay in budget by letting you pay on a schedule that works best for you, and never charges you more than you agree to upfront. More Background: Affirm’s mission is to deliver honest financial products that improve lives. By building a new kind of payment network — one based on trust, transparency and putting people first — we empower millions of consumers to spend and save responsibly, and give thousands of businesses the tools to fuel growth. Unlike credit cards and other pay-over-time options, we show consumers exactly what they will pay up front, never increase that amount, and never charge any late or hidden fees. Follow Affirm on social media: LinkedIn | Instagram | Facebook | Twitter. Payment options through Affirm are subject to an eligibility check, may not be available in all states, and are provided by these lending partners: affirm.com/lenders. CA residents: Loans by Affirm Loan Services, LLC are made or arranged pursuant to a California Finance Lender license. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

June 17, 2021 03:30 PM Eastern Daylight Time

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SUPER73® debuts versatile, affordable SUPER73-ZX

SUPER73

SUPER73® – the American lifestyle adventure brand specializing in electric motorbikes – is a world leader on the e-bike scene, captivating a loyal riding community with its fun, affordable, versatile and environmentally friendly products. While the company expanded its range in 2020 with flagship models crammed with the latest technology, it hasn’t forgotten its roots. In fact, the SUPER73 design team went back to the drawing board to re-imagine and re-engineer one of its original products, the SUPER73-Z1. The result is the brand new SUPER73-ZX. Picking from a checklist of popular features, the SUPER73 team ensured the ZX will meet the demands of a broad range of existing fans and new customers. These features include a lighter aluminum-alloy frame, allowing for greater range from the now removable battery. Additionally, the new ZX frame is larger, providing comfort for taller riders and making it easier to pedal. Like its other new generation of models that launched in 2020, the ZX offers Pedal Assist Modes: the SUPER73-ZX has four Riding Modes, including Class 1 and 2 (up to 20mph) plus Class 3 and Unlimited (up to 28+ mph). Battery range is estimated at 25-50 miles depending on the pedal assist mode, but this can vary depending upon conditions such as rider weight, speed, temperature, wind, tire pressure, terrain, incline, etc. The Riding Modes are identified as Eco, Tour, Sport and Super. They are accessed via the SUPER73 smartphone app (compatible with IOS and Android devices) and confirmed on the compact ZX Transflective Monochrome LCD display. The same technology also allows over-the-air software updates, ensuring the power supply is always running at its most efficient. The versatile SUPER73-ZX has been designed to cater to the most popular riding groups, many of which came to prominence during the global pandemic. Not only did the lockdown create a huge surge in the popularity of e-bike transportation, but also an expansion in what customers expect from their vehicles. As a result, the features of the ZX make it ideal for everybody from week-day commuters to weekend warriors, urban adventurers, and even parents with young families; the longer seat makes it more practical to carry precious cargo. Purchase price is an important consideration in this consumer category and the SUPER73-ZX will launch with a price of only $1995. All models will ship with the standard 615 watt-hours battery pack, four Riding Modes, smartphone connectivity, extended comfort seat, 31” seat height, 180mm disc brakes, and much more. As a bonus for early adopters, the Moon Rock Launch Edition will have red wheel liners on the 20”x100mm wheels, while the Storm Gray models will have white liners inside the wheel rims for easy identification. The Launch Edition will be shipped with 20x4.5” LZRD Street tires that have a tire tread pattern biased towards street use but provides riders with the ability to explore almost any environment. The SUPER73-ZX is available now, with first deliveries scheduled for Mid-July. A full range of accessories are also available, allowing customers to tailor the bike to their needs. This includes items such as a Saddleman seat, Crank Brothers bags and pedals, 1 Up Car Rack, Oury Grips, and SUPER73 custom handlebars and molle panels. For full product details and to order the SUPER73-ZX, please visit super73.com EDITOR’S NOTE A selection of high-resolution images is available here: dropbox.com/sh/bfc42mv19gjxnt2/AAD5jKyebOxevaZIiSlpqvoMa?dl=0 Editor’s wishing to review the SUPER73-ZX for editorial purposes should use the Media Contacts below. ABOUT SUPER73® SUPER73® is an American lifestyle adventure brand based in Orange County, CA that develops products to help fuse motorcycle heritage with youth culture. Founded in 2016, SUPER73 has quickly grown into one of the most recognizable electric vehicle brands in the world with a passionate customer base including A-list celebrities, professional athletes, and many more. For more information, visit super73.com or @super73 on social media. Contact Details Christiana Mullen +1 714-659-4883 christiana@super73.com Greg Emmerson greg@theidagency.com Company Website https://super73.com

June 17, 2021 10:05 AM Pacific Daylight Time

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Khosla Leads $11M Round in Lexion, a Fast Growing AI-Powered Contract Management System

Lexion

Lexion, an AI-powered contract management system, announced an oversubscribed $11 million Series A round led by Khosla Ventures, with participation from existing investors Madrona Venture Group and Wilson Sonsini, bringing the total invested to $15.2 million. Kanu Gulati from Khosla Ventures will join Lexion's board. The Seattle based company plans to use these funds to scale go-to-market functions, drive further AI and product innovation, and grow the team, with a mission to offer a simple contract lifecycle management system (CLMs) that just works. Many CLMs on the market are complex, require an extensive amount of time and resources to implement, and a significant amount of change management to derive meaningful value. Lexion offers the opposite by delivering an intuitive system supported by a cutting-edge, AI-powered backend, that is simple enough for entire organizations to adopt, and takes just days to implement. “In-house lawyers spend far too much time on mundane tasks like checking if an active NDA exists, or manually filling out spreadsheets to track key dates and non-standard terms in their contracts,” said Gaurav Oberoi, co-founder and CEO of Lexion. “What makes Lexion special, in this rapidly growing industry, is that it’s a sophisticated AI product that’s incredibly easy to use, accurate, and fast, and eliminates rote work by automatically pulling these key data points from contracts. The result is that legal teams spend a fraction of the time on administrative tasks, and more time helping their teammates in sales, finance, and procurement win deals and grow the business.” According to Gartner, legal departments will increase their technology spend 300% by 2025, and yet only realize 30% of the potential benefit of their CLM investments because of the complexities of requirements gathering, change management, and user adoption. Oberoi believes that Lexion is perfectly poised to capture this demand by offering a pragmatic platform that solves immediate business needs through automation, and without unneeded complex features that go unused. “We invested in Lexion because their team has the rare combination of deep technical expertise in building sophisticated AI systems, and a proven track record in delivering SaaS applications that solve real problems,” said Vinod Khosla, founder of Khosla Ventures. “This combination of cutting-edge technology, with simple and practical application, is exactly how the value of AI will get realized in corporations, and is why we think Lexion has a winning advantage in this space.” For two years in a row, Lexion was the only CLM recognized in CB Insights list of the 100 most innovative AI startups. Incubated at the Allen Institute for AI (AI2) in 2019, Lexion built a state-of-the-art NLP system that turns any contract text into structured data and delivers it in an intuitive repository with instant search, reporting, alerts, permissions, and integrations. In the last 6 months, Lexion has seen rapid growth, increasing revenues 400% and bringing on major brands like OfferUp, Blue Nile, and Outreach. “Lexion is an incredible addition to our toolkit, saving my team hours in filing, finding, and reporting on contracts”, said Nathan Garnett, General Counsel at OfferUp. “Not only was it quick to get up and running with all of our legacy agreements, but it’s also easy enough to use that we didn’t have to spend time on user training and rollout. Their integration with e-signature means all contracts are automatically filed away, and my team can focus on helping drive business results, instead of on administrative tasks.” Next, the company is expanding its offering to help legal teams manage the entire contracting process. Lexion is rolling out a new workflow module that allows customers to create customized intake forms, track the status of projects, manage drafts, secure approvals, and report on KPIs. Scheduled for full general availability in Q3 2021, Lexion’s end-to-end solution will serve as the hub for data driven legal teams to manage contracts from start to finish, with their signature focus on simplicity and easy adoption. About Lexion Lexion is an AI-powered contract lifecycle management system that just works. We’re on a mission to make the lives of legal teams easier so they can focus on more strategic work. We use best in class natural language processing technologies to make it 100x easier for lawyers and other corporate leaders to find the information they need in their contracts fast. Our solution is also incredibly intuitive and simple to implement. We are a spinout of Microsoft co-founder Paul Allen’s artificial intelligence research institute (AI2) and we’re backed by the same investors that funded OpenAI (Khosla Ventures), helped launch Amazon (Madrona Venture Group), and have advisedGoogle (Wilson Sonsini). With a top notch and experienced team from Microsoft, Facebook, Google, AI2, and Amazon, we built a company that CB Insights ranked the #1 most promising AI legal tech startup in the world two years in a row (2020, 2021). Most importantly, fantastic brands trust Lexion to manage their contracts: Outreach, OfferUp, Blue Nile, and many more. Visit https://lexion.ai for more. About the Allen Institute for AI (AI2) AI2 was founded in 2014 with the singular focus of conducting high-impact research and engineering in the field of artificial intelligence, all for the common good. AI2 is the creation of Paul Allen, Microsoft co-founder, and is led by Dr. Oren Etzioni, a leading researcher in the field of AI. AI2 employs more than 100 top-notch researchers and engineers from across the globe. AI2 prides itself on the diversity and collaboration of our team and takes a results-oriented approach to complex challenges in AI. Learn more at allenai.org. About Khosla Ventures Khosla Ventures makes early-stage venture capital investments and provides strategic advice to entrepreneurs building companies with lasting significance. The firm was founded in 2004 by Vinod Khosla, co-founder of Sun Microsystems. Khosla Ventures focuses on a broad range of sectors including artificial intelligence, agriculture/food, consumer, enterprise, financial services, health, space, sustainable energy, robotics, VR/AR and 3D printing. About Madrona Madrona ( www.madrona.com ) is a venture capital firm based in Seattle, WA. With more than 25 years of investing in early-stage technology companies, the firm has worked with founders from Day One to help build their company for the long run. Madrona invests predominantly in seed and Series A rounds across the information technology spectrum, and in 2018 raised the first fund dedicated to initial investments in acceleration stage (Series B and C stages) companies. Madrona manages over $2 billion and was an early investor in companies such as Amazon, Smartsheet, Isilon, Redfin, and Snowflake. About Wilson Sonsini For more than 60 years, Wilson Sonsini has offered a broad range of legal services focused on solving the challenges faced by the management and boards of directors of business enterprises. The firm is nationally recognized as a leader in the fields of corporate governance and finance, mergers and acquisitions, private equity, securities litigation, employment law, intellectual property, and antitrust, among many other areas of law. With deep roots in Silicon Valley, Wilson Sonsini has offices in Austin; Beijing; Boston; Brussels; Hong Kong; London; Los Angeles; New York; Palo Alto; San Diego; San Francisco; Seattle; Shanghai; Washington, D.C.; and Wilmington, DE. For more information, please visit www.wsgr.com. Contact Details Forrest Carman +1 206-859-3118 forrestc@owenmedia.com Company Website https://lexion.ai/

June 17, 2021 08:04 AM Pacific Daylight Time

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Lightbits Labs Named to CRN 2021 Software-Defined Data Center 50 List

Lightbits Labs

Lightbits Labs™, the pioneer and leader in NVMe™ over TCP (NVMe/TCP) cloud-native storage, today announced that CRN®, a brand of The Channel Company, has named Lightbits to its 2021 Software-Defined Data Center 50 list. Propelled by the need for agility and flexibility, enterprise IT organizations are modernizing their data centers by leveraging cloud-native, software-defined solutions that enable automation, resource pooling, and virtualization. The annual list acknowledges technology vendors that partner with solution providers to deliver software-defined solutions that play a critical role in the hybrid cloud and data-driven era. CRN’s Software-Defined Data Center 50 List recognizes forward-thinking technology providers that seek to nurture, innovate, and grow the data center industry with modern, software-centric technologies. The list is selected by a panel of CRN editors each year, who review companies based on feedback from solution providers in the industry, as well as the strength of the vendors’ technology portfolios, effectiveness, visibility, business and sales influence, and their impact on the channel. Lightbits was chosen as a premier technology supplier based on the strength of the product portfolio it offers through partners, as well as its overall standing in the IT channel. “We are pleased to have been named to the CRN Software-Defined Data Center 50 List for our achievements in delivering the performance, flexibility, and cost-efficiencies IT organizations need,” said Josh Goldenhar, VP of Product at Lightbits. “CRN has honored Lightbits with various awards, validating our technology innovation in driving digital transformation and meeting the needs of the modern data center.” “From industry stalwarts to innovative startups, these vendors are transforming the software-defined data center market, partnering with top solution providers to create agile, efficient, cost-effective data center solutions that foster scalable, easy-to-manage IT environments,” said Blaine Raddon, CEO of The Channel Company. “We at The Channel Company congratulate them on their dedication to delivering best-in-class data center products and services to help improve business across the industry. They are truly raising the bar for the modern data center.” Lightbits LightOS™ provides NVMe-based, software-defined storage that enables easily scalable capacity, enterprise-class data services, flash-optimized efficiency, and independent scaling of compute and storage resources. It runs on commodity storage servers over standard Ethernet networks and requires zero modification to the application servers to achieve lower cost, greater scalability, and better performance than DAS or other software-defined storage solutions based on Ceph or iSCSI. The company is on a mission to democratize hyperscale storage, making these efficiencies available to enterprise IT organizations supporting high-performance databases (both SQL and NoSQL-based), big data analytics, and web-scale environments using either virtual or container-based architectures. “Congratulations to Lightbits for their continued recognition by CRN and their inclusion on the publication’s Software-Defined Data Center 50 List,” said Alexey Stolyar, Director of Development at International Computer Concepts (ICC). “We have confidence that when we implement LightOS to simplify our customer's cloud infrastructure, accelerate their applications, and scale their capacity in line with the demands of their business that Lightbits can deliver on those promises.” The Software-Defined Data Center 50 list is featured online at www.CRN.com/SDDC50 Additional resources: Lightbits Labs Reshapes the Software-Defined Block Storage Landscape Lightbits Labs Named Digital Innovator 2021 Customer Success Story: Finanz Informatik Technologie Service About The Channel Company The Channel Company enables breakthrough IT channel performance with our dominant media, engaging events, expert consulting and education, and innovative marketing services and platforms. As the channel catalyst, we connect and empower technology suppliers, solution providers, and end users. Backed by more than 30 years of unequalled channel experience, we draw from our deep knowledge to envision innovative new solutions for ever-evolving challenges in the technology marketplace. www.thechannelcompany.com Follow The Channel Company: Twitter, LinkedIn, and Facebook. © 2021 The Channel Company, LLC. CRN is a registered trademark of The Channel Company, LLC. All rights reserved. About International Computer Concepts (ICC) International Computer Concepts (ICC) is a leading provider of IT technology. Since 1993, ICC has been integrating computing systems with the latest hardware and software components to meet the rapidly changing business and IT requirements of its clients. With a focus on technical expertise and delivering energy-efficient and high-performance solutions, ICC uses only the best components available to design and assemble computing systems. Based in Northbrook, Illinois, ICC works closely with clients that include local businesses, multinational corporations, institutions of higher learning, and government agencies to equip them with superb computers. For more information on International Computer Concepts (ICC), visit http://www.icc-usa.com/. About Lightbits Labs Lightbits Labs’ mission is to lead the cloud-native data center transformation by delivering scalable and efficient software defined storage that is easy to consume. Founded in 2016, Lightbits brings the agility of hyperscale storage to private clouds and edge clouds. The company pioneered NVMe/TCP so the solution is easy to deploy at scale, while delivering performance that is similar to local flash. Lightbits Labs is backed by strategic investors including Cisco Investments, Dell Technologies Capital, Intel Capital, and Micron, as well as top investors and VCs including Avigdor Willenz, Lip-Bu Tan, Marius Nacht, SquarePeg Capital, and Celesta Capital. Visit www.lightbitslabs.com or contact us at info@lightbitslabs.com. Follow Lightbits Labs: Twitter, LinkedIn, and Facebook Lightbits, Lightbits Labs, LightOS, and Lightbits SuperSSD are trademarks of Lightbits Labs, Ltd. ### Contact Details Lightbits Labs Carol Platz pr@lightbitslabs.com Company Website https://www.lightbitslabs.com/

June 17, 2021 08:00 AM Eastern Daylight Time

Cyvatar Raises an Additional $9 Million in Series A Round

Cyvatar

Cyvatar today announced that it has raised $9 million as part of its Series A financing to help scale and serve its rapidly growing customer base and continue to drive the adoption of its innovative cybersecurity-as-a-service (CSaaS) model. Escalating cybersecurity breaches and the need to address vulnerabilities across systems, networks, and apps fuel the security services market, expected to reach $193 billion by 2028. Additionally, the growth in hybrid and remote workers coupled with unsecured and unpatched BYOD devices further underscores the need for on-demand cybersecurity resources that include human talent, proven processes, and best-of-breed technology delivered from a single intuitive platform. Cyvatar has grown more than 200% since its debut in October. ATX Venture Partners led the round with additional participation from existing customer CORTEC and longtime Cyvatar investor Bill Wood Ventures. Cyvatar closed a $3 million seed round late last year, bringing the total amount raised over the last eight months to $12 million. “We’ve seen fundraising explode in the security space, in part as a result of the raft of ransomware, email compromise, and phishing attacks that have made people more aware of the problem and increased the need to fix it quickly and effectively,” said Chris Shonk, partner at ATX Venture Partners. “Cyvatar is an exciting addition to our dynamic portfolio and a natural fit alongside our other rapidly growing organizations. No other company we evaluated solves the problems of cybersecurity like Cyvatar. With Cyvatar CSaaS, security becomes as effortless as turning on the lights. There’s no better value for customers.” Cyvatar CSaaS offers security in a box for organizations of any size and any level of cybersecurity expertise--already more than 150 platform members have started the security journey with Cyvatar. Its mature sales and marketing engine makes it easy for new members to join and offers ongoing education and support for existing customers to continuously remediate evolving threats, safeguard critical systems, and boost compliance scores. "I can tell you that after implementing just three Cyvatar solutions, our security confidence is a lot stronger than it was before and our company as a whole is far more secure,” said Brent Fanguy, vice president of technology at CORTEC. “We applaud Cyvatar for pricing by employee count because it’s so easy to calculate and fit into our budget -- no counting servers or workstations, which is a nightmare. Cyvatar has delivered consistent value from our security spend, and we look forward to continuing to grow our partnership with them.” Whether customers need to speed their sales cycles, remediate after a breach, prevent future incursions, or respond to a third-party risk assessment, Cyvatar helps them achieve superior business outcomes every day. Click HERE to get started free and learn more about how Cyvatar is making cybersecurity effortless for every business. About Cyvatar Cyvatar is committed to effortless cybersecurity for everyone. As the industry’s first subscription-based, cybersecurity-as-a-service (CSaaS) company, it’s our mission to transform the way the security industry builds, sells, and supports cyber solutions. We empower our members to achieve successful outcomes by providing expert advisors, proven technologies, and a strategic process roadmap to guarantee results that map to their business drivers. Our approach is rooted in proprietary ICARM (installation, configuration, assessment, remediation, maintenance) methodology that delivers smarter, measurable security solutions for superior compliance and cyber-attack protection faster and more efficiently, all at a fixed monthly price. And because we’re a subscription, members can cancel anytime. Cyvatar is a global organization with operations around the world. Begin your journey to security confidence at cyvatar.ai and follow us on Facebook, Instagram, LinkedIn, Twitter, and YouTube. About ATX Venture Partners ATX Venture Partners is an early-stage venture capital firm specializing in the South-Central US. The firm’s seed and Series A investments focus on software-as-a-service, IoT, e-commerce, AI, frontier commercial technologies and mobile applications. ATX Venture Partners brings institutional-grade funding, process and rigor to early-stage venture capital investments, and is the partner to propel portfolio companies forward to larger growth capital. The firm was founded in 2014 and is based in Austin, Texas. Visit www.atxventurepartners.com, and follow them on Twitter, Facebook, and LinkedIn. Contact Details Cyvatar KC Higgins +1 303-434-8163 kc@cyvatar.ai ATX Ventures Meg Brigman +15127666462 meg@atxventurepartners.com Company Website https://cyvatar.ai/

June 17, 2021 07:00 AM Eastern Daylight Time

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