Connect with us

Technology

Zenity Announces Strategic Investment Led by M12

Published

on

TEL AVIV, Israel, July 30, 2024 /PRNewswire/ — Zenity, a leader in securing enterprise copilots and low-code development, is excited to announce a strategic investment led by M12, Microsoft’s Venture Fund.

Ben Kliger, Zenity CEO and co-founder, stated, “We are excited to be partnering with M12 to continue our mission of helping enterprises securely unleash the use of AI copilots and low-code development. Partnering with Microsoft is a strategic move for Zenity as Microsoft’s global reach, robust technology stack, and commitment to innovation align perfectly with our vision. This investment allows us to leverage Microsoft’s resources to accelerate our growth and work closely on a joint go-to-market strategy, enhancing the security and success of our mutual customers.”

As enterprises rush to adopt enterprise copilots and low-code development platforms, such as Microsoft’s own offerings of Microsoft Copilot, Power Platform, Copilot Studio, and Fabric, it is the first time that business users are at the forefront of, and in control of, business application development. In fact, Gartner estimates that by 2026, more than 80% of enterprises will have deployed GenAI-enabled applications in production environments, and also that by 2025, 70% of new applications developed by enterprises will use low-code/no-code technology.

This tectonic market shift in enterprise means that most application development is happening outside of IT. This means applications are being developed without traditional safeguards; namely IT involvement, software development lifecycle (SDLC), CI/CD security tooling, and traditional AppSec tools that rely on code scanning to spot vulnerabilities. This results in a tidal wave of Shadow Application Development.

Zenity researchers have found upwards of 79,000 applications being developed per organization using copilots and low-code platforms. This research further found that over 60% of these applications contain serious security vulnerabilities; be it hard-coded secrets, untrusted guests gaining privileged access to critical assets, over-exposing bots to the public internet, or apps and copilots with poorly configured authentication mechanisms.

Zenity was founded in 2021 to bring application security controls to business-led development happening across these enterprise copilots and low-code development platforms. Zenity currently helps many Fortune 500 enterprises to understand what business users are building across their copilot and low-code estate, identifying security vulnerabilities and development and runtime, and helping to automatically remediate critical findings at scale.

“M12 is committed to driving innovation, particularly through AI and low-code development, which are key to enhancing innovation, productivity, and efficiency. Our investment in Zenity underscores the urgent need for security solutions as enterprise users increasingly utilize developer-level capabilities to process data at AI speeds, without existing safeguards for app security,” said Jason McBride, Investment Partner at M12. “Witnessing Zenity’s impact within Microsoft firsthand showcased the substantial benefits it provides to its customers, solidifying our decision to deepen our partnership with Zenity. This collaboration is pivotal as enterprises strive to securely leverage enterprise copilots and low-code/no-code platforms.”

About Zenity
Zenity is the first platform designed to help enterprises secure and govern copilots and low-code/no-code development. The Zenity platform is built from the ground up with a security-first approach centered on three pillars: Visibility, Risk Assessment, and Governance. As the founding member of the OWASP Top 10 project specifically focused on low-code/no-code development, Zenity takes a community-oriented approach to this rapidly evolving security vector.

With SOC 2 Type 2 and GDPR compliance, Zenity’s agent-less platform is uniquely positioned to help enterprises truly know their business apps, and helps organizations with:

Application Security Posture ManagementAI Security Posture ManagementVulnerability ManagementSoftware Composition AnalysisSecrets ScanningAnd more!

For more information, visit us at https://www.zenity.io.

View original content to download multimedia:https://www.prnewswire.com/news-releases/zenity-announces-strategic-investment-led-by-m12-302209932.html

SOURCE Zenity

Continue Reading
Click to comment

Leave a Reply

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

Technology

Rarecells Inc. Appoints Dr. Neil Kurtz to Board of Directors

Published

on

By

NEW YORK and PARIS, March 26, 2025 /PRNewswire/ — Rarecells Inc., a pioneering company in liquid biopsy technology, is pleased to announce the appointment of Dr. Neil Kurtz to its Board of Directors. Dr. Kurtz, a renowned healthcare entrepreneur and executive, brings over 40 years of experience in the pharmaceutical, contract research, post-acute care, and medical diagnostic sectors.

Dr. Kurtz has a distinguished career as a founder of several successful companies, including Medidata Systems and Worldwide Clinical Trials, which collectively generated over $8 billion in value for investors. He has served as CEO of both public and private companies and has held senior executive positions in top pharmaceutical and healthcare organizations. His leadership experience includes serving as President and CEO of Golden Living, one of the United States’ largest providers of diversified care.

“We are delighted to welcome Dr. Kurtz to our Board of Directors,” said Dr. Patrizia Paterlini, CEO of Rarecells Inc. “His extensive expertise in diagnostics, finance, and scientific research, along with his strategic insights, will be invaluable as we continue to develop and commercialize our innovative liquid biopsy technology for early cancer detection. His addition strengthens our commitment to assembling a board with significant expertise to guide our mission of delivering unparalleled, label-free access to intact circulating tumor cells and their CTC-DNA for downstream analysis. We are confident that Dr. Kurtz’s leadership will further enhance our efforts to bring cutting-edge solutions to the forefront of precision oncology.”

“I am honored to join the already exceptional Board of Directors at Rarecells,” said Dr. Kurtz. “I am aligned with the company’s belief that through its ISET technology it has the potential to revolutionize cancer diagnostics and personalized treatment, having a profound impact on the lives of millions of patients worldwide. I look forward to sharing the insights I have gained across my industry experience and contributing to Rarecells’ growth and success in this critical field, where the unmet need remains critical.”

Dr. Kurtz is the 5th member of Rarecells’ Board of Directors. The other members are Patrizia Paterlini MD, PhD, President, CEO & Founder of Rarecells;  Neil Gunn, PhD, former head of Roche Molecular Systems and Roche Sequencing, Christian Brechot MD, PhD, Senior Associate Dean for Research in Global Affairs and the Associate Vice-President for International Partnerships and Innovation at the University of South Florida, Tampa & President of the Global Virus Network; Thierry de Marignac, Former Partner at Banque Mirabaud & Cie & Leading Investor.

About Rarecells Inc.

Rarecells Inc. is a leading company in the development of innovative non-invasive tests for early cancer diagnosis based on a proprietary hypersensitive AI-based Circulating Tumor Cells (CTCs) and CTC-DNA detection. Founded in 2012, the firm is headquartered in New York with offices and laboratories in New York and Paris. For more information, visit www.rarecells.com

Contact: media@rarecells.com

Photo – https://mma.prnewswire.com/media/2650018/Neil_Kurtz.jpg
Logo – https://mma.prnewswire.com/media/2650016/Rarecells_Logo.jpg

View original content to download multimedia:https://www.prnewswire.com/news-releases/rarecells-inc-appoints-dr-neil-kurtz-to-board-of-directors-302411877.html

SOURCE Rarecells, Inc.

Continue Reading

Technology

Metrasens Broadens Market Reach with iT1 Source Partnership

Published

on

By

NAPERVILLE, Ill., March 26, 2025 /PRNewswire/ — Metrasens, a leading provider of advanced detection systems for security and safety applications, today announced a strategic partnership with iT1 Source, LLC, a leader in IT solutions, technology, and security services. This collaboration brings together iT1’s expertise in technology integration and Metrasens’ innovative security solutions to address the evolving needs of organizations seeking robust protection against physical threats.

Through this partnership, iT1 Source will offer Metrasens’ industry-leading passive detection technology, Metrasens Ultra, providing organizations with advanced, efficient, and flexible screening solutions. Unlike other detection systems, Metrasens Ultra is the only multi-use solution specifically designed to detect small concealed weapons and contraband that can lead to violence, as well as hidden electronics that pose a risk of sensitive or secure data leaks.

“We’re thrilled to partner with Metrasens to deliver state-of-the-art security solutions that align with our commitment to innovation and customer success,” said Ian Dunnington, Vice President of Public Sector at iT1 Source. “This partnership enables us to address growing concerns around physical security by offering our clients a proven product from Metrasens that enhances safety and peace of mind.”

Simon Goodyear, Chief Executive Officer at Metrasens, added, “Our collaboration with iT1 Source allows us to bring our cutting-edge detection technology to a wider audience. iT1 Source has a great reputation, strong relationships, and a good coverage model in markets where Metrasens is a strong fit.  Together, we are creating safer environments with efficient, reliable, and easy to implement solutions.”

Metrasens’ technology stands out for its ease of use, portability, and adaptability across a wide range of applications, including government facilities, healthcare institutions, and critical infrastructure. The passive detection system ensures a non-intrusive experience while maintaining high security standards, making it an ideal solution for organizations looking to enhance their safety measures without compromising efficiency.

By joining forces, iT1 Source and Metrasens are committed to delivering cutting-edge security solutions that safeguard people and assets against emerging threats. Organizations can now confidently leverage this powerful combination of technology and expertise to reinforce their security infrastructure.

About Metrasens
Metrasens is the world’s leading provider of advanced magnetic detection technologies. With a technology center and manufacturing facility in the United Kingdom, a North American sales and customer service hub in Chicago and a global network of distributors, the company’s innovative products are designed to address deficiencies in conventional screening methods and make the world safer and more secure. Metrasens’ mission is to take cutting-edge science from the laboratory and use it to create revolutionary, award-winning products that meet the distinct and diverse security needs of its customers. Metrasens’ core technologies have a wide range of real-world applications, embodied by solutions that are easy to adopt and simple to use.

For more information, visit http://www.metrasens.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/metrasens-broadens-market-reach-with-it1-source-partnership-302411295.html

SOURCE Metrasens

Continue Reading

Technology

Orijin and Interplay Learning Expand Partnership to Offer 15 Learning Pathways to Support Pre-Apprenticeships and Additional Skilled Trades Training in Correctional Facilities

Published

on

By

AUSTIN, Texas and NEW YORK, March 26, 2025 /PRNewswire/ — Orijin, a technology leader in evidence-based learning and workforce development programming for correctional jurisdictions, and Interplay Learning, the leading provider of immersive skilled trades training, have expanded their partnership to provide greater access to workforce development opportunities for justice-impacted individuals. This expansion introduces pre-apprenticeship pathways and additional skilled trades training options to better prepare individuals for sustainable careers post-release.

Building on the success of their initial partnership, which provided Interplay’s career exploration and foundational training through Orijin’s secure platform, this new phase extends the offering to include 15 comprehensive learning pathways from Interplay Learning. These learning tracks feature expanded course hours and industry-relevant training, enabling learners to develop in-demand trade skills in fields such as HVAC, electrical, plumbing, and facilities maintenance.

Delivered on safe and secure digital tablets, these expanded pathways include options for pre-apprenticeship opportunities, designed to help individuals transition more seamlessly into the workforce. These structured programs provide hands-on skills training that aligns with industry expectations, increasing employability and reducing barriers to job placement post-incarceration.

“This partnership expansion represents a significant step in breaking down employment barriers for justice-impacted individuals,” said Arti Finn, Chief Strategy Officer and Co-Founder at Orijin. “By integrating pre-apprenticeships and deeper training opportunities, we are not only providing education but also real pathways to sustainable careers that lead to long-term success.”

Orijin’s secure managed learning platform ensures that learners in correctional facilities can access Interplay Learning’s hands-on training in a controlled environment. The expanded training catalog complements Orijin’s existing educational content, which includes employability readiness, ESL courses, and financial literacy, providing a holistic approach to re-entry preparation.

“Through our partnership with Orijin, we are making high-quality skills training more accessible to justice-involved individuals who are eager to build stable careers,” said Doug Donovan, CEO of Interplay Learning. “By expanding our learning pathways and introducing pre-apprenticeships, we’re equipping more individuals with the tools they need to successfully re-enter the workforce.”

Orijin and Interplay Learning remain committed to fostering career readiness among justice-involved individuals, helping them gain the skills and confidence needed to secure meaningful employment upon release. 

About Interplay Learning
Interplay Learning, the leader in immersive learning for the skilled trades, now includes Industrial Training International (ITI), the global leader in specialized industrial learning solutions. Leveraging instructor-led training, online simulations, AI, and VR, Interplay helps organizations and educational institutions upskill faster, reduce risk, and increase operational readiness. With nearly 600,000 people trained, Interplay is shaping the future of workforce development, building better careers and better lives. Visit www.interplaylearning.com to learn more.

About Orijin
Founded in 2014, Orijin breaks the cycle of incarceration by preparing every justice-impacted individual for a sustainable career. Orijin provides a robust, cloud-based learning and communications platform delivered on secure devices in hundreds of correctional facilities across the country. As a public benefit corporation and Certified B Corporation, Orijin does not charge incarcerated individuals nor their families for its solutions. For more information, visit www.orijin.works.

MEDIA CONTACT: 
Heather Ripley
Ripley PR
(865) 977-1973
hripley@ripleypr.com

View original content:https://www.prnewswire.com/news-releases/orijin-and-interplay-learning-expand-partnership-to-offer-15-learning-pathways-to-support-pre-apprenticeships-and-additional-skilled-trades-training-in-correctional-facilities-302411401.html

SOURCE Interplay Learning

Continue Reading

Trending