LIP I News & More 🚀

"JumpCloud Inc. today announced it has been awarded the prestigious 'Top Solution' award in six categories from Expert Insights for its mobile device management (MDM), single sign-on (SSO), privileged access management (PAM), identity and access management (IAM), Zero Trust security, and business password management solutions...All recipients of these awards were specifically selected for their outstanding features, strong capabilities, and positive user experiences. Expert Insights also takes into consideration pricing, target markets, and the deployment process when selecting the top vendors...For detailed information about JumpCloud's recognition by Expert Insights, please visit the awards page on Expert Insights: https://marketing.expertinsights.com/awards." https://finance.yahoo.com/news/expert-insights-recognizes-jumpcloud-top-130000315.html

"BioCatch, which specializes in software development for identifying and preventing bank fraud and money laundering, achieved unicorn status on the eve of the Hamas-Israel war with the signing of a new secondary deal, according to Calcalist...The company secured around $70 million from Sapphire Ventures at a valuation of over $1 billion in a deal completed one day before Hamas’ murderous attack...The primary shareholder in BioCatch is currently investment fund Bain Capital, which led the last fundraising round in 2020 in which the company raised a total of $145 million. Other notable stakeholders include the investment arms of major global banks such as HSBC, Citi, Barclays, and the investment arm of American Express." https://www.calcalistech.com/ctechnews/article/bj0etytna

"Israeli AI mobility company Autobrains has announced that it has appointed Uri Yacovy as its new Chief Operating Officer. Yacovy is a former Senior Vice President of Mobileye and now joins the Autobrains leadership team alongside Founder and CEO Igal Raichelgauz...His primary mission at Autobrains is to accelerate Autobrains’ growth and expand production activities, ensuring that its self-learning AI becomes a staple in volume production. He will also help in identifying growth opportunities, streamlining product development, and fostering innovation to meet evolving market demands...Autobrains is an Israeli AI mobility company that helps apply artificial intelligence to provide safer advanced driver assistance (ADAS) and autonomous driving (AD) systems. Strategic investors include Knorr-Bremse AG, BMW i Ventures, Toyota Ventures, VinFast, Continental AG, Temasek, and Autel." https://www.calcalistech.com/ctechnews/article/hkbi78wv6

"BioCatch Becomes Centaur with more than 50% Growth YoY in Annual Recurring Revenue (ARR); Achieves Profitability While Scaling Operations & Global Reach Faster than any Other Behavioral-Powered Digital Fraud Prevention Vendor in History...The milestone achievement is fueled by the rapid adoption of BioCatch Connect™️, the Company's flagship product portfolio. In particular, BioCatch saw accelerated growth among its recently released scam and mule detection modules as customers look to protect their users against sophisticated social engineering scams and eliminate criminal money laundering networks from their ecosystems...Protecting more than 315 million banking customers globally. Preventing more than $3 billion in fraud since its first customer deployment in 2016...A significant reason for BioCatch's ARR growth and market expansion is the value and return on investment the BioCatch Connect portfolio of products delivers to its customers. These returns include an ave...

"Investors see potential in generative coding tools, too — particularly in what the tools can accomplish at enterprise scale. And this enthusiasm is translating to new financing for startups like Tabnine, which today announced that it raised $25 million in a Series B funding round led by Telstra Ventures with participation from Atlassian Ventures, Elaia, Headline, Hetz Ventures, Khosla Ventures and TPY Capital...Tabnine has competitors in GitHub Copilot and Amazon CodeWhisperer. But Weiss asserts that the company affords more control and personalization than rival systems, for example enabling customers to deploy its tools either on-premises or via a virtual private cloud...Tabnine claims to have over a million users and 10,000 customers — which, while short of Copilot’s roughly one million paying users and 37,000 corporate customers, is a respectable user base indeed...Weiss says that the proceeds from the Series B — which brought Tabnine’s total raised to $55 million — will be p...

"The partnership will reach seven NBA and NHL sports teams and 125 venues across the country, and will bring DailyPay financial wellness benefits to all Oak View Group employees company-wide. The expansion comes following the regional-level launches of the program in select markets including UBS Arena at Belmont Park, NY, home of the NHL's New York Islanders; Xcel Energy Center, and the NHL's Minnesota Wild; and Toyota Center, and the NBA's Houston Rockets...Participating venues include 35 OVG360 venues, as well as; American Airlines Center and the NHL's Dallas Stars; Bridgestone Arena and the NHL's Nashville Predators; CapitalOne Arena and the NBA's Washington Wizards and the NHL's Washington Capitals; Spectrum Center and the NBA's Charlotte Hornets; Toyota Center and the NBA's Houston Rockets; UBS Arena and the NHL's New York Islanders; and Xcel Energy Center and the NHL's Minnesota Wild. In total, the partnership will reach approximat...

"No one dislikes cooking as much as I do. Seriously, even when I follow recipes to a T, the food still comes out nearly inedible...After testing it for three months (with and without the meal kits), I've decided that the Tovala Smart Oven has earned a permanent spot on my kitchen counter. Not only can I actually cook yummy meals with it, it also has a sleek look and is the size of an average microwave, so it doesn't take up too much space." https://www.yahoo.com/lifestyle/heres-happened-non-cook-tested-204610901.html

"Tabnine, the creators of the industry’s first AI-powered assistant for developers, today announced the appointment of Peter Guagenti as President and Chief Marketing Officer (CMO) to lead go-to-market strategy and growth...Guagenti is an accomplished business leader and entrepreneur with expertise in strategy, product development, marketing, sales, and operations. He most recently served as CMO at Cockroach Labs, where he helped drive near 700% revenue growth during his tenure." https://www.globenewswire.com/news-release/2023/11/02/2772408/0/en/Tabnine-Appoints-Peter-Guagenti-as-President-and-Chief-Marketing-Officer.html

  "Las instituciones bancarias en México son algunos de los principales objetivos de ciberataques más sofisticados, como suplantación de identidad e incluso estafas de voz. Por ello, estas instancias son las que también deben estar a la vanguardia tecnológica con el objetivo de cuidar a los clientes...Jorge Aguilar, VP de la empresa de tecnología biométrica, BioCatch Latinoamérica, explica que este concepto se basa en las conductas de los usuarios con sus dispositivos, pues se analizan alrededor de 2,000 parámetros de cómo un usuario utiliza su teléfono inteligente para determinar si se trata de un defraudador cuando este entra a una aplicación bancaria." https://expansion.mx/tecnologia/2023/10/31/biometria-conductual-la-tecnologia-que-evita-los-robos-a-tu-cuenta-de-banco