vHive Secures $4M in an Investment led by Deutsche Telekom to Accelerate Expansion in the Enterprise Drone Hive Software Market

NEW YORK and LONDON, Oct. 14, 2020 /PRNewswire/ —

Funding will support vHive’s rapid growth trajectory as it helps enterprises gain business insights to their field assets while streamlining costs

  • vHive’s platform digitizes enterprise’s field assets using autonomous drone hives, powering their digital business transformations.
  • Deutsche Telekom, one of the world’s leading integrated telecommunications companies is making a strategic investment in vHive to propel further expansion in the telecom industry.
  • Enterprises benefit from accurate data analytics and insights about their field operations creating a tremendous market opportunity for vHive’s technology.

vHive, the only software solution that enables enterprises to digitize their field assets and operations using autonomous drone hives, announced today a $4 million extension to its Series A, led by Telekom Innovation Pool (TIP), Deutsche Telekom’s strategic investment fund advised by DTCP. Existing investors Octopus Ventures and StageOne Ventures participated in the funding, which will accelerate the company’s growth and expansion in the enterprise drone software market. Joel Fisch, Deutsche Telekom Vice President and TIP Co-managing Director has joined the Company’s board of directors. 

Deutsche Telekom, one of the world’s leading telecommunication companies, is investing in vHive to fuel the company’s continued expansion in markets that are going through digital transformation using autonomous drone hives. These markets include telecom, construction, cranes, insurance and others. The investment will support vHive’s leadership in data analytics, computer vision and AI, and further automate recognition of items of interest. Deutsche Telekom with its global portfolio, will assist in applying vHive’s solution in the Telecom space.

“We are thrilled to have the backing of a significant industry player such as Deutsche Telekom as a testimonial to vHive’s innovation,” said Yariv Geller, CEO and co-founder of vHive. “Deutsche Telekom’s investment demonstrates their commitment to digitizing their infrastructure using the vHive platform as

Yseop Announces The Expansion Of Its Strategic Committee To Further Accelerate Growth

Yseop, a pioneer in Natural Language Generation (NLG) and world-leading AI software company, today announces the expansion of its Strategic Committee. In this Covid 19 economic context, Yseop’s growth has been fueled by the strong demand from companies for report automation technology to gain in efficiency while lowering their costs, both in the finance industry and the pharmaceutical industry. The rich experience of its new members will allow Yseop to benefit from additional strategic support to keep growing in Europe and the US.

New Strategic Committee members:

  • Benoît Claveranne, CEO at AXA International & New Markets – With 18 years of successfully planning, advising and execution of ambitious and innovative commercial plans across the globe in a variety of organizations, from small firms to multinationals and governments, Benoît brings his hands-on experience and strategic thinking to the committee.

  • Mathieu Morand, Investment Manager at Wille Finance – Wille Finance is a multi-family office with an entrepreneurial spirit, focusing on private equity, real estate, digital media and listed assets, and has recently invested in Yseop. Mathieu, who has instigated and led direct equity investments in numerous technology start-ups, represents Wille Finance on the committee.

  • Craig Vachon, Partner and head of US Operations of NextStage – Craig, based in California, has extensive experience managing operations and investing in start-ups and high-tech companies around the world. He has raised more than US $1.6 billion in private investment for 36 companies in eight countries, including more recently Looker, acquired by Google (US $2.6 billion) and Anchor Free, acquired by WndrCo. Craig has now been appointed Chairman of the Strategic Committee.

The new members join the existing strategic committee composed of Alain Kaeser – Founder and Chief Science Officer of Yseop, Emmanuel Walckenaer – CEO of Yseop, Grégoire Sentilhes – Founder and CEO of NextStage AM,

HighRadius Adds New Leader to Accelerate Fintech Adoption for Clients

Former Wolters Kluwer Executive joins HighRadius to help adopt technology to improve operational execution for Order-to-Cash teams

HighRadius, a fintech enterprise Software-as-a-Service (SaaS) company specializing in automating the order-to-cash and treasury management processes, today announced the addition of Jared Lane as Vice President, Digital Transformation. Jared and his team, in collaboration with partners, will accelerate the adoption of HighRadius products to transform finance processes to deliver quantifiable business results.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201009005093/en/

HighRadius adds New Leader to Accelerate Fintech Adoption for Clients (Photo: Business Wire)

Jared brings over 20 years of experience in helping the C-suite at Global 2000 companies modernize their back-office tech stack. Prior to joining HighRadius, Jared was Chief of Staff, Worldwide Sales for Wolters Kluwer ELM Solutions. Jared holds a bachelor’s degree in Information and Operations Management from Texas A&M University.

“CFOs are fast-tracking their finance digital transformation initiatives in this uncertain economy,” said Sashi Narahari, President and CEO of HighRadius. “I’m thrilled to have Jared join the team to support our 500+ clients to adopt HighRadius technology to drive operational efficiency and insights.”

“I am excited to join the HighRadius team and help to build on the solid foundation developed over the last decade,” Jared said. “HighRadius is perfectly positioned to help its clients transform their business for better customer experience and thrive in the ever-changing business and market conditions.”

About HighRadius Corporation

HighRadius is a Fintech enterprise Software-as-a-Service (SaaS) company that leverages Artificial Intelligence-based Autonomous Systems to help companies automate Accounts Receivable and Treasury processes. The HighRadius® Integrated Receivables platform reduces cycle times in your order-to-cash process through automation of receivables and payments processes across credit, electronic billing and payment processing, cash application, deductions, and collections. HighRadius® Treasury Management Applications help teams achieve touchless cash management,

UCSF, Fortanix, Intel, and Microsoft Azure Utilize Privacy-Preserving Analytics to Accelerate AI in Healthcare

UC San Francisco’s Center for Digital Health Innovation (CDHI), Fortanix, Intel, and Microsoft Azure today have formed a collaboration to establish a confidential computing platform with privacy-preserving analytics to accelerate the development and validation of clinical algorithms.

The platform will provide a “zero-trust” environment to protect both the intellectual property of an algorithm and the privacy of healthcare data, while CDHI’s proprietary BeeKeeperAI will provide the workflows to enable more efficient data access, transformation, and orchestration across multiple data providers.

Gaining regulatory approval for clinical artificial intelligence (AI) algorithms requires highly diverse and detailed clinical data to develop, optimize, and validate unbiased algorithm models. Algorithms that are used in the context of delivering healthcare must be capable of consistently performing across diverse patient populations, socioeconomic groups, geographic locations, and be equipment agnostic. Few research groups, or even large healthcare organizations, have access to enough high-quality data to accomplish these goals.

“While we have been very successful in creating clinical-grade AI algorithms that can safely operate at the point of care, such as immediately identifying life-threatening conditions on X-rays, the work was time consuming and expensive,” said Michael Blum, MD, associate vice chancellor for informatics, executive director of CDHI and professor of medicine at UCSF. “Much of the cost and expense was driven by the data acquisition, preparation, and annotation activities. With this new technology, we expect to markedly reduce the time and cost, while also addressing data security concerns.”

The organizations will leverage the confidential computing capabilities of Fortanix Confidential Computing Enclave Manager, Intel’s Software Guard Extensions (SGX) hardware-based security capabilities, Microsoft Azure’s confidential computing infrastructure, and UCSF’s BeeKeeperAI privacy preserving analytics to calibrate a proven clinical algorithm against a simulated data set. A clinical-grade algorithm that rapidly identifies those needing blood transfusion in the Emergency Department following trauma will

Rokt appoints new CTO to accelerate technological innovation in the next stage of growth

E-commerce tech company continues to invest in strengthening the executive team with appointment of new CTO, Corey Bertram

NEW YORK, Sept. 30, 2020 /PRNewswire/ — Rokt, the global leader in e-commerce marketing technology, has been actively expanding its leadership team – and today announced that Corey Bertram has joined the executive team as Chief Technology Officer. Bertram brings to the team deep technical experience – with a background in chaos engineering, infrastructure, and software architecture- as well as a new energy to propel Rokt into its next phase of growth.

Rokt welcomes Corey Bertram as Chief Technology Officer.
Rokt welcomes Corey Bertram as Chief Technology Officer.

Prior to Rokt, Corey oversaw Datadog’s Infrastructure & SRE teams through its extensive multi-cloud growth in its lead-up to IPO. Bertram also led the engineering division of Timshel, building the underlying platform technology for Hillary Clinton’s 2016 presidential campaign. In his time at Netflix, Bertram oversaw the expansion of the company’s Chaos Engineering functionality as its customer base grew globally to over 75 million customers. Bertram will be responsible for inspiring and growing Rokt’s engineering team, driving forward the technical vision for the business, and delivering the world class technology Rokt has become renowned and awarded for.

CEO Bruce Buchanan commented, “We are thrilled to welcome Corey to the executive team. Corey’s true visionary mindset, combined with our suite of innovative technology, will lead our continued investments in tech and further solidify our commitment to creating world-leading solutions for e-commerce brands.”

“The vision and opportunity to scale at Rokt captured my attention from the very beginning. I’m excited about solving complex issues that will help the business deliver on our core mission with transformative technology,” said Bertram of his new role. He continued, “Rokt has a great culture and great culture brings great people – I’m looking forward to leading