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Index Ventures announces $2.3 billion in new funds—an $800 million venture fund and a $1.5 billion growth fund—bringing the total capital raised by Index since founding to $15 billion
Across nearly three decades of investing, 108 Index-backed companies have reached a valuation of $1 billion or more, 23 have surpassed a $10 billion valuation, and 57 became publicly traded companies
Rapid advancements in AI, deeper talent pools, and established playbooks for building hyper-growth businesses are compounding trends that offer unprecedented opportunities for founders worldwide
Index portfolio companies, including Figma, Revolut, Roblox, Scale AI, and Wiz, have created over 200,000 jobs—and are poised for continued growth

(BUSINESS WIRE) -- Index Ventures, a leading global venture capital firm, today announced $2.3 billion in new funds to forge relationships with exceptional entrepreneurs who are creating transformative, category-de ... Read more »

Views: 7 | Added by: africa-live | Date: 07.11.2024 | Comments (0)

(BUSINESS WIRE) -- H.I.G. Capital (“H.I.G.” or “the Firm”), a leading global alternative investment firm with $64 billion of capital under management, is pleased to announce the final close of H.I.G. Europe Realty Partners III (the “Fund”). The Fund closed with aggregate capital commitments of approximately $1.3 billion,1 significantly above the predecessor’s fund size.

H.I.G. Europe Realty Partners primarily targets value-add investments in the middle market real estate segment in Europe. To date, the Fund has made over ten investments across various geographies in Europe.

Sami Mnaymneh and Tony Tamer, Co-Founders of H.I.G., commented, “As we continue to expand our global real estate footprint, we are thrilled by the success of our European real estate platform as evidenced by the strong support from our investors. We believe the current environment, specifically in the U.K. and Germany, where market dislocations are d ... Read more »

Views: 7 | Added by: africa-live | Date: 07.11.2024 | Comments (0)

SAN JOSE, Calif. - Wednesday, 10. July 2024 AETOSWire 

New capabilities empower customers to run data-intensive workloads like GenAI and VMware environments more easily

(BUSINESS WIRE) -- NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, today announced the introduction of new capabilities designed for strategic cloud workloads including GenAI and VMware. These enhancements to NetApp data and storage services reduce the resources and risks for customers to manage these strategic workloads across increasingly complex hybrid multicloud environments.

“Strategic workloads, including GenAI and virtualized environments, are driving business innovation and have increasingly complex and resource-intensive infrastructure requirements that are pushing IT teams to the limit,” said Pravjit Tiwana, Senior Vice President and General Manager, Cloud Storage at NetApp. “NetApp is helping customers take back control of their data w ... Read more »

Views: 7 | Added by: africa-live | Date: 07.11.2024 | Comments (0)

Acquisition strengthens KnowBe4’s position as largest, advanced AI-driven cybersecurity platform for managing human risk
(BUSINESS WIRE) -- KnowBe4, the provider of the world’s largest security awareness training and simulated phishing platform, today announced the completion of its acquisition of Egress, a leader in adaptive and integrated cloud email security. KnowBe4 plans to integrate the recently acquired Egress products and operations over the coming months and focus on providing a unified customer experience.

“Human risk management is an essential component of a comprehensive cybersecurity program,” said Stu Sjouwerman, CEO, KnowBe4. “This acquisition reinforces our ability to fortify global organizations against the ever-increasing amount of human-targeted threats. Today marks an important milestone in the evolution of cybersecurity and the next generation of KnowBe4’s human risk management capabil ... Read more »

Views: 5 | Added by: africa-live | Date: 07.10.2024 | Comments (0)

YOKOHAMA, Japan - 
(BUSINESS WIRE)--KAGA FEI Co., Ltd., a global provider of leading short distance wireless modules, announced today the WKR612AA1 processor-integrated Wireless LAN/Bluetooth combo module to support the development of Matter standard*1 compliant devices.

A Matter-compliant module, supporting for Wi-Fi 6, Bluetooth Low Energy, and IEEE 802.15.4, has been developed with enabling hostless operation for smart home devices.

The WKR612AA1 has a built-in antenna and has obtained various certifications. Consequently, it reduces the development time and certification costs for home automation devices and smart appliances such as smart locks, surveillance cameras, home appliances, robot vacuum cleaners, and water heater remote controls, enabling faster time-to-market.

Supporting the Matter standard allows end-users to select devices based on their preferences without being tied to a specific brand, promoting the realization of a seamlessly c ... Read more »

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To manage the escalating operations and maintenance (O&M) overhead of constantly expanding solar portfolios, Tigo introduces EI Professional, an advanced toolset for installers.

(BUSINESS WIRE)--Tigo Energy, Inc. (NASDAQ: TYGO), a leading provider of intelligent solar and energy software solutions, today unveiled a new set of powerful and customizable features of the Tigo Energy Intelligence (EI) Platform. With a newly retooled, upgraded, and tiered approach to delivering the right solar monitoring and insights, even small and mid-sized installation companies can manage their growing solar customer portfolios sustainably. These platform enhancements come online as the U.S. installed base of solar surpasses the 5 million solar installations threshold and the industry considers how it will manage the O&M work as those numbers double by 2030 and triple by 2034.

The Tigo EI Platform now offers upgrade options that deliver even more of the right information at the ... Read more »

Views: 6 | Added by: africa-live | Date: 07.10.2024 | Comments (0)

CONSHOHOCKEN, Pa. - Monday, 08. July 2024

(BUSINESS WIRE) -- Boomi™, the intelligent integration and automation leader, today announced the launch of the Boomi API Control Plane — providing enterprises with a centralized platform to discover, manage, and govern all APIs across their organizations for accelerated business innovation, improved developer productivity, and stronger API governance.

Utilizing the recently acquired federated API management business from APIIDA, the Boomi API Control Plane bolsters Boomi’s existing API Management solution, allowing users to discover all APIs in one place, including “shadow APIs” that may exist outside the purview of IT. By bringing these shadow APIs under control, organizations can increase API consumption throughout the enterprise, driving new efficiencies and opportunities for innovation.

"APIs are the backbone of modern digital transformation, yet managing them across vari ... Read more »

Views: 8 | Added by: africa-live | Date: 07.09.2024 | Comments (0)

- Hosts "K-Beauty Seller Day" with the world's largest e-commerce company, promoting K-Beauty innovation globally

(BUSINESS WIRE) -- Kolmar Korea (KRX: 161890) joins forces with Amazon, the world's leading e-commerce platform, to support the successful global market entry of K-beauty brands.

Kolmar Korea announced that it has jointly hosted the 'Amazon K-Beauty Conference Seller Day' with Amazon on June 27 at the InterContinental Hotel in Seoul.

The event was attended by about 1,500 individuals, including officials from Korean beauty brands as well as those from the distribution and manufacturing sectors, both online and offline. Key attendees included Sang-hyun Yoon, Vice President of Kolmar Group; Hyun-gyu Choi, CEO of Kolmar Korea; Jim Yang, Executive Vice President of Amazon Global Selling Asia Pacific (APAC); and Yuki Suita, Head of Consumer Beauty Business at Amazon Japan.

In his welcome speech, Sang-hyun Yoon explained ... Read more »

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(BUSINESS WIRE) -- Moody’s Corporation (NYSE:MCO) announced today that it has fully acquired Global Credit Rating Company Limited (GCR), a leading domestic credit rating agency with operations spanning Africa. The announcement follows Moody’s 2022 acquisition of a majority stake in GCR, and expands Moody’s investment in Africa’s domestic credit markets.


“GCR provides investors with crucial insights and clarity into Africa’s fast-growing domestic credit markets, which play an important role in economic development throughout the continent,” said Rob Fauber, President and Chief Executive Officer of Moody’s. “Moody’s is excited to deepen our domestic ratings presence in Africa through a trusted name in GCR.”


“The full acquisi ... Read more »

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LOS ANGELES - Monday, 08. July 2024 AETOSWire 

(BUSINESS WIRE)--Xsolla, a global video game commerce company, is excited to announce the launch of Xsolla Academy Online (XAO). Since 2005, Xsolla has empowered the game industry by helping developers and publishers fund, launch, sell, and monetize their video games worldwide. We are extending our expertise beyond our walls to ensure every game developer has equal access to the knowledge and experience we’ve gathered. The launch of the Academy underscores Xsolla’s commitment to fostering innovation, accessibility, and the exchange of knowledge and experience within the gaming community while promoting its interconnection and growth.

Xsolla Academy Online is a gamified training platform designed to help game developers, professionals seeking career advancement, and those new to the industry confidently navigate business challenges. With XAO, you’ll have access to industry-backed expertise sp ... Read more »

Views: 8 | Added by: africa-live | Date: 07.09.2024 | Comments (0)

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