Connect with us

Technology

Cloudficient Welcomes Kevin Jacobs and Donna Peterson as New Advisors to the Board of Directors

Published

on

Cloudficient, a top provider of information governance and archiving solutions, announces Kevin Jacobs and Donna Peterson as new advisors. Their extensive experience in the legal software and services industry will be invaluable for driving Cloudficient’s innovation and growth.

DOVER, Del., July 8, 2024 /PRNewswire-PRWeb/ — Cloudficient, a leading provider of information governance and archiving solutions, is excited to announce the appointment of Kevin Jacobs and Donna Peterson as advisors to its Board of Directors. Their extensive experience and proven leadership in the legal software and services industry will be invaluable as Cloudficient continues to drive innovation and growth.

“We are thrilled to have Kevin and Donna join our advisory board. Their combined expertise in legal software, strategic growth, and operational excellence will be instrumental in guiding Cloudficient through our next phase of innovation and market leadership.”

Kevin Jacobs brings over three decades of expertise in mergers and acquisitions, fundraising, and strategic growth initiatives. He is the Founder and Managing Partner at Mantra Capital, where he focuses on deal sourcing, incubating companies, go-to-market strategies, and scaling business operations. Previously, Kevin launched DTI’s eDiscovery business, and held the roles of Vice President (VP) of Technology, and VP of Mergers & Acquisitions at Epiq, where he managed complex business processes, acquisition integration, and technology strategy.

“I am honored to join Cloudficient’s advisory board and look forward to contributing to the company’s strategic growth,” said Kevin Jacobs. “Cloudficient is at the forefront of innovation in information governance, and I am excited to help shape the future of this dynamic industry.”

Donna Peterson has a robust background in marketing, operations, and client services within the technology and healthcare sectors. She is currently serving as a Senior VP, Investments, at Mantra Capital, and CEO of Mantra1, LLC, respectively. Donna’s prior roles include VP of Marketing at RS Medical, Inc., VP of Operations and Client Services for the Northwest Region, at DTI, as well as VP of Operations and of Marketing at Fios, Inc., prior to its acquisition by DTI. Her strategic vision and operational acumen have consistently driven business transformation and market expansion.

“I am thrilled to be part of Cloudficient’s journey as an advisor,” said Donna Peterson. “The company’s commitment to excellence and customer-centric approach aligns with my own values. I am eager to leverage my experience to support Cloudficient in delivering unparalleled solutions to its clients.”

Peter Kozak, Chairman of the Board of Directors at Cloudficient, commented on the appointments, “We are thrilled to have Kevin and Donna join our advisory board. Their combined expertise in legal software, strategic growth, and operational excellence will be instrumental in guiding Cloudficient through our next phase of innovation and market leadership.”

Kevin and Donna’s extensive experience in the legal software and services industry will support Cloudficient’s mission to deliver cutting-edge solutions that help organizations manage and secure their information assets effectively. As advisors, they will provide strategic insights and guidance to enhance Cloudficient’s product offerings and market reach.

About Cloudficient

As a pioneer in Information Governance and Foundational eDiscovery, Cloudficient is redefining traditional archiving, compliance, and data governance through its suite of innovative cloud-based solutions. With a focus on right-sized eDiscovery, both legacy and live data capture, intelligent retention, and game-changing export speeds, Cloudficient empowers organizations to retain complete control over their data, mitigating the risk of vendor lock-in and potential data ransom scenarios.

For more information, visit www.cloudficient.com

About Mantra1, LLC

Mantra1, headquartered in Portland, Oregon, is a legal technology focused consulting firm that drives data, team and service transformations from the inside, using their Three Pillars Approach. Clients turn to Mantra1 to increase competitive advantage and profitability, enhance market position, and strengthen organizational efficiency. The company’s leadership team has executed over 25 eDiscovery mergers and acquisitions and brings 40 years combined industry technology stack, operational leadership and marketing experience to every engagement.

For more information, visit www.mantra-1.com

About Mantra Capital

Mantra Capital is a $90 million cross-border venture capital fund with primary geographical focus in the United States and India. Mantra’s investment focus is driven by experience embracing the full investment continuum, from startup to fully scaled company. Founded in 2019, the team’s multiple decades of experience spans investing over $2 billion, in over 250 transactions. Mantra invests in seed through series A/B, in TMT with a special focus on 3 sub-sectors namely, financial, legal tech, and real estate technology, using a Zero-Failure Approach that aggressively applies a combination of capital efficiency, operational prowess, and transaction know-how to support the entrepreneur and to generate alpha returns.

For more information, visit www.mantra.capital

Media Contact
Shelley Bougnague, Cloudficient Solutions Inc, 1 585 577 4068, shelley.bougnague@cloudficient.com, www.cloudficient.com

LinkedIn

View original content:https://www.prweb.com/releases/cloudficient-welcomes-kevin-jacobs-and-donna-peterson-as-new-advisors-to-the-board-of-directors-302186627.html

SOURCE Cloudficient Solutions Inc

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

tKash Celebrates 1st Anniversary with Major Milestones and Exciting Promotions

Published

on

By

Achieving 100,000 Registrations, International Reach, and Celebratory Promotions Highlight tKash’s Remarkable First Year

KUALA LUMPUR, Malaysia, July 19, 2024 /PRNewswire/ — tKash, a pioneering financial services app, is celebrating its first anniversary with notable achievements and exciting promotions. Launched with a vision to simplify financial transactions, tKash has reached impressive milestones, including 100,000 registrations and up to 10,000 daily active users.

Since its inception, tKash has been dedicated to providing seamless and secure financial services. The app has enabled users to transfer up to RM 1 million across borders, offering peace of mind with its reliable and efficient service. In addition to money transfers, tKash provides convenient currency exchange services for up to 10 countries’ currencies, including Bangladesh, Indonesia, India, the Philippines, Pakistan, Singapore, Vietnam, Thailand, and Myanmar.

One of the standout features of tKash is its Live FC (foreign currency) Rates, which allows users to track currency fluctuations in real time, ensuring they make informed decisions when exchanging currencies.

The company’s growth and success have not gone unnoticed. tKash proudly featured its video on the iconic New York Times Square billboard and displayed billboards in Kuala Lumpur, enhancing its brand visibility on an international scale. Influencers from countries such as Thailand have shared positive reviews on social media, further boosting tKash’s presence on social media.

To celebrate its first anniversary, tKash is running a special promotion where users who refer their friends have the chance to share in a RM100,000 prize pool, making it even more rewarding to engage with the app. The company continues to innovate, with regular updates to its app, which are available for download on both the PlayStore and AppStore. In January 2024, tKash launched its official website, providing users another platform to access its services.

In just one year, tKash has proven to be a game-changer in the financial services industry, making everyday transactions smoother and more accessible. With its tech-savvy team and commitment to customer satisfaction, tKash is poised for continued growth and success.

tKash is a leading financial services app committed to making financial transactions easier and more accessible. With secure money transfers, real-time currency exchange rates, and a user-friendly interface, tKash transforms how people manage their finances. For more information, visit tKash.co.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/tkash-celebrates-1st-anniversary-with-major-milestones-and-exciting-promotions-302201283.html

SOURCE tKash

Continue Reading

Technology

Saronic Raises $175 Million in Series B Funding, Valuing Company at $1 Billion

Published

on

By

Funding will accelerate Saronic’s growth and further scale production of its autonomous surface vessels for the U.S. Navy and its allies

AUSTIN, Texas, July 19, 2024 /PRNewswire/ — Saronic, a defense technology leader that designs and manufactures autonomous surface vessels (ASVs), today announced a $175 million Series B raise placing the company’s valuation at $1 billion. The funding round was led by Andreessen Horowitz (a16z), with participation from both new and existing investors, including 8VC, Caffeinated Capital, Elad Gil, and NightDragon, among others.

Saronic is redefining maritime superiority for the U.S. Navy and its allies by delivering the most effective and advanced ASVs at the speed and scale needed to meet the rapidly growing needs of the Joint Force. Saronic’s ASVs are designed to serve as a force multiplier for the existing Fleet, working alongside manned systems to allow naval forces to go farther and do more with less risk to life and mission. 

“We are creating an entirely new capability for the maritime domain, one that delivers naval power without the costs and delays of a shipyard,” said Saronic CEO Dino Mavrookas. “As the future of naval warfare will rely on manned and unmanned teaming, we must build solutions that easily integrate into the existing fleet and can be produced at scale to meet any emerging threat. We are grateful to our investment partners who believe so strongly in Saronic’s ability to meet that need.”

Saronic’s investor group is composed of firms committed to ensuring that the U.S. military maintains its decisive advantage in the face of an increasingly complex and competitive global threat landscape through the integration of advanced technology and innovative capabilities that truly meet the needs of the warfighter. 

“Our nation’s future depends on us continuing to build and deploy the best, most innovative technology” said Katherine Boyle, General Partner at a16z. “Saronic is developing the solutions we need to protect the warfighter and stay ahead of our adversaries, and we are proud to support their continued growth.”

This new investment will accelerate Saronic’s growth both domestically and internationally. At home, it will allow further expansion of Saronic’s in-house manufacturing capabilities and enable increased production of all its ASV models. Additionally, it will advance the research and development of new autonomous capabilities for naval and maritime forces, including increased technology and payload integration with government and commercial partners. Internationally, this investment will support Saronic’s expansion to more fully serve U.S. allies and partners in key markets.

“To deter China and other adversaries, the United States and our allies must bring intelligent, autonomous new capabilities to naval warfare,” said Alex Moore, Partner at 8VC. “Saronic delivers these capabilities on a relevant scale and timeline, and has enlisted the top engineers and operators in the industry.”

Saronic’s family of ASVs includes Spyglass (6′), Cutlass (14′) and Corsair, its largest model, which is currently in development and testing. Each vessel features integrated autonomous capabilities to meet a customer’s specific requirements and can carry diverse payloads in communication- and GPS-denied environments. Through the vertical integration of hardware and software as well as the use of a Modular Open Systems Architecture (MOSA), Saronic’s ASVs deliver greater interoperability at a price point that makes them attritable. Having a cost-effective capability that can be deployed without putting human operators in harm’s way increases the survivability of the fleet and enables commanders to engage in situations where the risk is too high to deploy a traditional manned system.

For more information about Saronic, please visit: https://www.saronic.com.  

Media Contact: Press@saronic.com 

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/saronic-raises-175-million-in-series-b-funding-valuing-company-at-1-billion-302201280.html

SOURCE Saronic

Continue Reading

Technology

Summit-Friendship Solar Village Receives Reuters’ Global Energy Transition Awards 2024

Published

on

By

SINGAPORE, July 19, 2024 /PRNewswire/ — The ‘Summit-Friendship Solar Village’ project, located in Kabilpur within the Gaibandha district of Bangladesh, has received the prestigious Reuters’ Global Energy Transition Awards 2024 under the ‘Projects of Impact’ category in New York, USA on 25th June 2024. Among 500 entries this year from around the globe, this project was nominated for its concrete results in terms of improved energy affordability, and compensation for losses to improve local resilience for climate change.

This 57.6 kW scalable solar microgrid now benefits the 3,000 inhabitants of Kabilpur, Gaibandha. Kabilpur itself is a char—a remote sedimentary landmass found within a river—but finds itself ideally placed to act as hub for neighbouring chars within the Jamuna River, upon which it is situated.

“Summit wants to serve 100% of Bangladesh with infrastructure such as electricity and communication. Most chars fall outside the national grid. I believe these chars, like the rest of Bangladesh, deserve electricity. The award-winning NGO, Friendship, has done wonders. It’s a privilege to provide solar energy to the 3,000 people of Kabilpur Char in association with Friendship,” remarked Muhammed Aziz Khan, Chairman of Summit Power International.

“Anyone who has seen the Jamuna River in its full might will understand that mainline power grids are not really possible here. On the other hand, this solar grid will provide income-generating opportunities and livelihoods, as well as opportunities for children’s education in order for hope and dignity to thrive. We want to thank Summit for its support,” said Runa Khan, the founder of Friendship.

The solar village plays an integral role in allowing people from these isolated communities to have access to “modern” amenities, and have longer operational hours for both business and commerce, alongside academics and home use. Additionally, renewable solar energy also equates to less reliance on traditional kerosene lamps, which burn fossil fuels with toxic consequences.

About Summit Power International 

Summit Group is the largest infrastructure conglomerate in Bangladesh. Summit Power International Ltd (SPI), headquartered in Singapore, is the largest Independent Power Producer (IPP) in Bangladesh reflecting 17% of Bangladesh’s total private installed capacity and 7% of nation’s total installed capacity. In addition, it owns and operates a Floating Storage and Regasification Unit (FSRU) vessel and supplies 500 million cubic feet per day (mmcfd) of regasified LNG to Bangladesh. In 2019, Summit’s FSRU received equity investment from Mitsubishi Corporation. In 2019, JERA Co., Inc. (JERA), had acquired a 22% stake in Summit Power International. Recently, it has proposed the development of the country’s third FSRU and the Cabinet Committee on Economic Affairs has provided in-principle approval of the proposal in mid-June 2023. Most notably, the Meghnaghat II, which is a dual-fuel CCGT GE H Class plant with gross capacity of 590 MW on LNG, achieved the commercial operation date milestone on 26 April 2024.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/summit-friendship-solar-village-receives-reuters-global-energy-transition-awards-2024-302201358.html

SOURCE Summit Power International

Continue Reading

Trending