Appetize Point-Of-Sale Secures $20M In Series B Funding

PLAYA VISTA, Calif., Jan. 24, 2018 /PRNewswire/ — Appetize, the modern point-of-sale (POS) company transforming foodservice and retail payment technology for major venues at scale, announced today that it raised $20 million in Series B funding. This brings the company’s total funding to date to over $45 million. The round was led by Shamrock Capital Advisors, with additional financing provided by Silicon Valley Bank.  Appetize will leverage these new funds to drive nationwide growth, onboard large clients, and enhance the platform’s retail, restaurant, and self-service functionality. 

Appetize has been delivering faster, easier-to-use payment technology to enterprise businesses like arenas, stadiums, convention centers, theme parks, campuses, and chain stores since 2011.  Founders Max Roper, Kevin Anderson and Jason Pratts lead an experienced management team and over 200 employees out of a new headquarters in Playa Vista, California. Last year, Appetize saw 100 percent annual revenue growth and a greater than 70 percent sales win rate.

“Since inception, Appetize has focused on bringing a combination of innovative and reliable POS products to the enterprise customer first, and the results validate that focus,” said Max Roper, co-founder and chief executive officer, Appetize. “We’re replacing legacy competitors at record speed and driving leading initiatives like self-service and mobile ordering to big brands. This additional investment gives us even more ability to grow and capture significant market share.”

Appetize delivers tablet, cloud and mobile technologies to an enterprise POS world untapped by new players. The platform is doing so in a way that also enhances security, reliability, redundancy, inventory management and increased guest analytics. Appetize boasts an impressive roster of clients, including Madison Square Garden, Live Nation, Ole Miss University and thousands of the largest global foodservice and retail enterprises.

“Appetize’s cloud-based POS solution has been integral in improving the fan experience, and in particular, improving wait times in concession and merchandise lines,” commented Andrew Howard, partner, Shamrock Capital. “Our additional investment will be used to further enhance the Appetize technology platform, enabling venue operators to have increased data and analytics capabilities as well as inventory controls, which has consistently proven to drive significant revenue uplift.”

The dual platform (Android and iOS) product suite includes fixed POS, handheld POS, self-serve kiosk, mobile and online ordering, as well as back of house enterprise management and reporting.  Appetize represents two of the fastest growing subsets of technology: POS and mobile payments a market projected to grow by 400 percent over the next four years. The company is quickly outpacing systems from traditional competitors including Oracle Micros, Agilisys and NCR.

For more information about Appetize, please visit

About Appetize
Appetize is a modern Point-of-Sale (POS) technology company transforming how sports, entertainment, education and professional service industries manage and process customer transactions at scale. The company’s enterprise-level solution has grown more than 125 percent year-over-year, increasingly gaining a larger percentage of the total POS market. Appetize’s proprietary system seamlessly powers POS technology across handheld devices, kiosks, mobile and inventory systems for operators. For more information, please visit

Janel Steinberg
JCUTLER media group

Cision View original content with multimedia:

SOURCE Appetize

Related Links

Alion Announces New Head of Naval Architecture, Marine Business

WASHINGTON–(BUSINESS WIRE)–Alion today announced that Senior Vice President Vince Stammetti will serve as the new lead for its Systems Solutions Business Unit (SSBU), which provides full lifecycle naval architecture and marine engineering solutions to the United States Navy as well as other Department of Defense (DoD) and commercial clients. Stammetti assumes this role following a year as the capture and technical lead for combat and C4ISR systems on one of the company’s transformational bids.

“We’re thrilled to have Vince take on this important leadership role for the company,” said Alion’s CEO Steve Schorer. “I’ve been impressed by what I’ve seen so far, and I’m excited to see how we moves this team and this business forward.”

Prior to joining Alion, Stammetti was the vice president and general manager of the Power and Control Technologies (PCT) division of DRS Technologies, based in Milwaukee. There, he was responsible for the overall performance of that business unit, which focused on the design, engineering, manufacturing, testing, and in-service support of shipboard electrical distribution and power conversion equipment. This equipment is fielded on most U.S. Naval vessels, including aircraft carriers, large deck amphibious ships, surface combatants, and submarines as well as in allied navies around the world.

“I’m humbled by the opportunity to take what I’ve learned during 37 years in this business and turn that into exceptional service for our Navy and marine customers,” said Stammetti. “I’ve learned that, if we serve our customers and support our people, then the rest takes care of itself.”

Stammetti joined DRS following a successful tenure as the general manager of BAE Systems Southeast shipyards in Jacksonville and Mayport, Florida. In this capacity, he was accountable for all aspects of business operations of both shipyards and more than 1,200 employees. Stammetti also served BAE in government relations and business development roles. Prior to BAE, he held the position of naval program director with Sayers & Associates, where he directly supported the Navy’s DDG1000 program office. Prior to Sayers, Stammetti worked at Lockheed Martin (LM) as production director for Littoral Combat Ships (LCS). His LM experience included considerable time at Marinette Marine, where he led activities associated with delivery of LCS-1. This tour included close coordination with PCT on both electrical distribution and machinery control systems.

Before transitioning to industry, Stammetti had a distinguished 20-year career in the U.S. Navy, retiring as a Commander in 2001. After graduating from the U.S. Naval Academy with a Bachelor of Science degree, he served as a surface warfare officer, later transitioning to the Engineering Duty Officer (EDO) community, following successful completion of his master’s degree at the Naval Postgraduate School. As an EDO, Stammetti served in several capacities involved in shipbuilding and engineering, including assignments in the Office of the Ship Superintendent; Pearl Harbor Naval Shipyard; production manager in the Office of the Supervisor of Shipbuilding in Bath, Maine; and post delivery manager of the DDG51 Class Destroyer program.

He has been married for 35 years to his wife Katie and, together, they have one son, Kevin.

About Alion Science and Technology

At Alion, we combine large company resources with small business responsiveness to design and deliver engineering solutions across six core capability areas. With an 80-year technical heritage and an employee-base comprised of more than 30% veterans, we bridge invention and action to support military readiness from the lab to the battle space. Our engineers, technologists, and program managers bring together an agile engineering methodology and the best tools on the market to deliver mission success faster and at lower costs. We are committed to maintaining the highest standards; as such, Alion is ISO 9001:2008 certified and maintains CMMI Level 3-appraised development facilities. Based just outside of Washington, D.C., we help our clients achieve practical innovations by turning big ideas into real solutions. To learn more, visit

Swarm Announces Inaugural Funds, Confirms On-Track Product Release

PALO ALTO, Calif.–(BUSINESS WIRE)–Swarm Fund, the blockchain for private equity, today unveiled the first two funds running on its network, and confirmed the on-track timing of its initial product release date, set for January 29th, 2018.

At launch, members of the Swarm will have the ability to invest in the platform’s Distressed Real Estate and Silicon Valley Coin funds to create new, asset-backed crypto currencies. For large crypto holders, investing into asset-backed tokens provides a way to mitigate volatility in the crypto markets.

“This launch validates the intelligent tools and decentralized infrastructure we’ve built to make it easy for people to participate in the wealth creation generated by crypto and alternative assets,” said Philipp Pieper, CEO and co-founder of Swarm Fund. “Run by seasoned, highly-respected experts in their fields, these exciting fund opportunities will allow members of the Swarm to access institutional-style investing, without the high investment minimums and long-term investment horizons typical of the space. It’s the exact reason we built Swarm, to democratize the world of high-return, institutional investing for a broader range of investors, while giving fund managers access to an untapped capital stack.”

AI-Driven Distressed Real Estate Investing

The platform’s Distressed Real Estate fund uses artificial intelligence and workflow automation to identify and automatically bid on homes in bankruptcy nationally. Run by Silicon Valley veteran entrepreneur and investor Tim Jemison at NIAH Capital, the fund’s target is to raise the equivalent of up to $10 million USD to deploy into distressed real estate assets nationwide.

“Swarm opens up an opportunity for us to raise additional capital in an industry that has largely been closed off to individual investors,” said Jemison. “It’s a different model in the distressed real estate space.”

For more information, please visit

Late-Stage, Pre-IPO Technology Investing

The platform’s Silicon Valley Coin fund will capitalize on high-quality, late stage technology companies that are still pre-IPO, utilizing the fund management team’s strong network of entrepreneurs, investors, lawyers and bankers to gain access to top-tier investments. Managed by Andra Capital and led by veteran Silicon Valley technology investor Haydar Haba, the fund’s objective is to raise up to $250 million to seize upon high-growth, shortened-time frame opportunities in the technology space.

“We are extremely excited to deploy Silicon Valley’s first cryptocurrency-powered technology fund,” says Haba. “The Andra Capital team and I are true believers in the transition to the ICO model of funding and the platform Swarm is building. We are not only willing to back it with our own cash, but with a full integration between our platforms, and the new generation of ICOs that Swarm represents.” For more information, please visit

Under Swarm’s three-tiered token model, members of the Swarm can exchange crypto or fiat for Swarm SUN tokens, which can then be used to invest in the funds on the platform. When they do, those SUN tokens convert into intelligent, SRC20 security tokens for each opportunity, effectively giving the holders a tokenized version of the real-world assets behind the investment. A portion of the capital placement will be used to purchase SWM tokens as Gas for operations on the Swarm platform.

Useful Links:

Swarm Fund:

About Swarm Fund

Swarm Fund is the blockchain for private equity. A fully decentralized capital marketplace, it democratizes investing by using the power of the blockchain to open up high-return, alternative investment classes to smaller investors through asset-backed funds using cryptocurrency tokens. It makes traditionally exclusive investment opportunities, such as private equity funds, inclusive for the Swarm, and provides fund managers access to an untapped capital stack.

With a structure similar to a co-operative, Swarm Fund is owned by its members who also determine, through a liquid democracy governance system, the administrative and philosophical direction of Swarm Fund. By leveraging the efficiencies of intelligent, blockchain 3.0 technologies, Swarm provides an entire platform from which businesses can create and run new, crypto-centric enterprises, with a wellspring of funding built in.

For more information, please visit our website:

Hilton Garden Inn Kicks off 2018 with New Hotels in the U.S. and Europe as It Continues Expansion of Revamped Design

MCLEAN, Va.–(BUSINESS WIRE)–The new year brings new hotels – including those featuring the revamped design – for Hilton Garden Inn, the award-winning, upscale brand from Hilton (NYSE:HLT). Following a successful 2017 with global growth that averaged nearly one new hotel opening per week, the brand, known for offering a bright and inviting atmosphere with warm, sunny service, is kicking off 2018 with four new properties.

“Hilton Garden Inn is proud to offer our inviting new upscale hotels – complete with an enhanced design focused on bright and airy communal areas – to both business and leisure guests,” said John Greenleaf, global head, Hilton Garden Inn. “Our dedicated Team Members at these new hotels will continue to provide guests with the thoughtful touches that make each stay as delightful and memorable as possible.”

New Property Highlights Include:

  • Hilton Garden Inn Edmond Oklahoma City North
    This stylish hotel is directly connected to the Edmond Conference Center, which offers 20,000 square feet of meeting space for up to 1,000 guests, with a choice of pre-function areas, boardrooms and elegant ballrooms.
  • Hilton Garden Inn Jackson, Tennessee
    With the hotel’s proximity to west Tennessee corporate offices, guests here on business can relax after meetings by soaking in the outdoor, walk-in, heated saltwater pool; or working out in the 24-hour complimentary fitness center.
  • Hilton Garden Inn San Antonio Downtown
    Visitors enjoying all the Alamo City has to offer can cap off each fun day by watching the sunset from the hotel’s rooftop deck or enjoying a delectable meal thanks to evening room service.
  • Hilton Garden Inn Bucharest Old Town, Romania
    Delicious local dishes and a selection of Eastern European wines* are on the menu at this hotel’s restaurant, and diners can enjoy their meal from the open terrace overlooking some of Old Town’s most charming and historic sites.

Some of the features that guests will experience in the recently revamped prototype hotels include reconfigured public spaces with a bar-centric focus, more natural light and redefined meeting spaces with multi-functional features. Guestroom enhancements include nature-inspired design.

Leveraging the brand’s recent transformation of its award-winning food & beverage offerings, choices abound for diners in each hotel’s restaurant, lounge and 24/7 retail space. Plus, charming guest rooms are designed for work and comfort, with features and amenities such as large work desks, ergonomic chairs, Serta beds, a mini-fridge, HDTV and complimentary Wi-Fi.

All Hilton Garden Inn Hotels are part of Hilton Honors, the award-winning guest-loyalty program for Hilton’s 14 distinct hotel brands. Members who book directly through preferred Hilton channels save time and money and gain instant access to the benefits they care about most, such as an exclusive member discount, free Wi-Fi and a flexible payment slider that allows members to choose nearly any combination of Points and money to book a stay. Members can also redeem their Points for free nights, to gain access to unique events through the Hilton Honors auction platform or to make purchases with Amazon Shop with Points.

For more information about Hilton Garden Inn, please visit or

*Service of alcohol subject to state and local laws. Must be of legal drinking age.

About Hilton Garden Inn

The award-winning Hilton Garden Inn hotel brand provides business and leisure guests with upscale yet affordable accommodations and modern amenities for a successful and comfortable stay. The satisfaction promise affirms the brand’s goal to make each guest’s stay better and brighter. If something isn’t just the way you like it, simply let any hotel Team Member know, and we will make it right. Guaranteed. As a recognized F&B leader, Hilton Garden Inn caters to guests’ dining needs by serving daily cooked-to-order breakfast and offering full service restaurants and bars. Team Members at more than 750 hotels around the world are committed to guaranteeing today’s busy travelers have a bright and satisfying experience from the first hello when they arrive. Hilton Garden Inn is part of Hilton Honors, the award-winning guest-loyalty program for Hilton’s 14 distinct hotel brands. Hilton Honors members who book directly through preferred Hilton channels have access to instant benefits, including a flexible payment slider that allows members to choose nearly any combination of Points and money to book a stay, an exclusive member discount that can’t be found anywhere else, free standard Wi-Fi and digital amenities like digital check-in with room selection and Digital Key (select locations), available exclusively through the industry-leading Hilton Honors app. For more information about Hilton Garden Inn, visit or or connect on social media at FacebookTwitterYouTube and Instagram.

About Hilton

Hilton (NYSE: HLT) is a leading global hospitality company, with a portfolio of 14 world-class brands comprising more than 5,100 properties with nearly 838,000 rooms in 103 countries and territories. Hilton is dedicated to fulfilling its mission to be the world’s most hospitable company by delivering exceptional experiences – every hotel, every guest, every time. The company’s portfolio includes Hilton Hotels & Resorts, Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Canopy by Hilton, Curio Collection by Hilton, DoubleTree by Hilton, Tapestry Collection by Hilton, Embassy Suites by Hilton, Hilton Garden Inn, Hampton by Hilton, Tru by Hilton, Homewood Suites by Hilton, Home2 Suites by Hilton and Hilton Grand Vacations. The company also manages an award-winning customer loyalty program, Hilton Honors. Hilton Honors members who book directly through preferred Hilton channels have access to instant benefits, including a flexible payment slider that allows members to choose exactly how many Points to combine with money, an exclusive member discount that can’t be found anywhere else and free standard Wi-Fi. Visit for more information and connect with Hilton on FacebookTwitterLinkedInInstagram and YouTube.

1-800-PublicRelations (“1800pr”) CEO Matthew Bird To Attend DAVOS 2018 – World Economic Forum

LOS ANGELES, Jan. 24, 2018 (GLOBE NEWSWIRE) — 1-800-PublicRelations, Inc. (“1800pr”) a leading public relations agency, announced today that 1800pr CEO Matthew Bird will be presenting at the World Economic Forum “DAVOS 2018”. The agency’s focus is to drive visibility on enterprise level blockchain applications and mainstream brand adoption of social impact communication and integration strategies. 1800pr is working with an extensive network of CEOs, foreign leaders and industry influencers to create sustainable social impact marketing initiatives to develop content that inspires social change through client and partner consumer and enterprise brand work-product. 
As an official media partner for a number of high-level events and meetings at DAVOS. The public-private business objective is to form strategic partnerships benefiting both the global community and private industry furthering 1800pr’s commitment to support the goals of US SDGs.Matthew Bird will be taking meetings at Davos.Location: Davos
Dates: January 22nd – 25th
Times: 10:00 a.m. – 3:00 p.m. Local Time
Meeting Requests at Davos
Contact: Matthew Bird CEO @ 1800pr
Phone: 646-401-4499
About 1-800-PublicRelations, Inc. “1800pr” 
1800pr is an award-winning strategic public relations agency with an emphasis on performance-driven PR programs, social-impact brand communications strategy and experiential event activations. We design, create and execute event-based sustainable communication programs to help our clients meet their strategic business objectives through media relations, global social impact initiatives and public-private partnerships. The high-energy sustainable communications initiatives we craft and content created is meant for brands to inspire social change while building market-share to support the global community.
Since 2014, 1800pr has serviced over 300 established brands, fortune 500 companies, government agencies, emerging growth companies, consumer product companies, non-profits, high-profile individuals, and financial institutions.*We are proud supporters and a media partners of the UN SDGsVisit us at | Facebook | Twitter*1800pr is a proud supporter of the UN SDGsContacts:PR & Media Contact:
Abigail Krasno, Jr. Partner
1-800-PublicRelations (1800pr)
C: 832-520-4125

Fiduciary Trust Teaches the Next Generation about Managing Finances With Launch of Young Investors Club

NEW YORK, Jan. 24, 2018 (GLOBE NEWSWIRE) — Fiduciary Trust Company International, a global wealth manager and wholly-owned subsidiary of Franklin Templeton Investments, recently launched the Young Investors Club, a forward-thinking program designed to introduce the next generation to the world of finance and investing.
“One of the greatest gifts that parents can give their children is the knowledge to set them up on a solid financial foundation,” said John M. Dowd, chief executive officer of Fiduciary Trust Company International. “We believe that demystifying financial topics and sparking passion around investing at an early age helps people tremendously throughout their lives. By spelling out the basic principles of finance and generating interest in investing within a modern, fun setting, the Young Investors Club increases the probability of financial success for our students.”This innovative program, aimed at students under age 18, will consist of nine classes over the course of four months. The curriculum is designed to give young people a better understanding of the concept of money and the basic underlying principles of Give, Save, and Spend. The program’s hands-on activities and fun exercises aim to provide each student with practical and essential money-related decision-making skills that they can practice and utilize as they grow older.Fiduciary Trust’s next generation of leaders developed the curriculum and will comprise the faculty. Classes will address such important topics as creating a budget, how to read a financial statement, behavioral finance, investing, understanding diversification and risk, and charitable giving.“We are confident that Young Investors Club participants will come away with the basic financial knowledge and skills they’ll need to chart their own economic futures,” said Mr. Dowd. “Fiduciary Trust has been the multigenerational wealth management firm of choice for sophisticated families around the globe for decades, and this program formalizes many of the advisory discussions we have had with our clients’ children and grandchildren over the years.”  About Fiduciary Trust
Fiduciary Trust Company International, a global wealth management firm, has served individuals, families, endowments and foundations since 1931. With over $79 billion in assets under administration and management as of December 31, 2017, the firm specializes in strategic wealth planning, investment management and trust and estate services, as well as tax and custody services. The firm and its subsidiaries maintain offices in New York, Coral Gables, FL, Boca Raton, FL, St. Petersburg, FL, Los Angeles, San Mateo, CA, Washington, DC, Wilmington, DE, Arlington, VA, and London. For more information, please visit
About Franklin Resources
Franklin Resources, Inc. (NYSE:BEN) is a global investment management organization operating as Franklin Templeton Investments. Franklin Templeton Investments provides global and domestic investment management to retail, institutional and sovereign wealth clients in over 170 countries. Through specialized teams, the company has expertise across all asset classes—including equity, fixed income, alternative and custom solutions. The company’s more than 650 investment professionals are supported by its integrated, worldwide team of risk management professionals and global trading desk network. With offices in over 30 countries, the California-based company has 70 years of investment experience and over $753 billion in assets under management as of December 31, 2017. For more information, please visit
Copyright © 2018.  Fiduciary Trust Company International.  All rights reserved.Contacts:
Rebecca Radosevich:  212-632-3207
Jenna Focarino:  646-922-7763

SMART Modular Showcases its NVDIMM and MRAM Technology Solutions at the 2018 Persistent Memory Summit

NEWARK, Calif., Jan. 24, 2018 (GLOBE NEWSWIRE) —Who:        
SMART Modular Technologies, a subsidiary of SMART Global Holdings, Inc., (NASDAQ:SGH), and a leader in specialty memory, storage and hybrid solutions including memory modules, Flash memory cards and other solid state storage products.
SMART, along with the Storage Networking Industry Association (SNIA) NVDIMM Special Interest Group (SIG), is participating in the 2018 Persistent Memory Summit to showcase the industry adoption of persistent memory with two demonstrations. 
The first is in the form of JEDEC-standard NVDIMMs.  Utilizing the Calypso byte addressable benchmarking tool, SMART will be showcasing its DDR4-2666 16GB JEDEC-compliant NVDIMMs running on a Supermicro® X11DRI 2U Superserver loaded with the Windows Server 2016 operating system. Microsoft’s Windows Server has native support for NVDIMMs eliminating the need for vendor-specific divers. SMART offers a full lineup of NVDIMM-N’s from 8GB to 32GB with speeds up to DDR4-2666.   NVDIMMs are supported by a wide range of server and storage platforms from Intel®, Supermicro®, Tyan®, AIC, and many others.The second demonstration highlights SMART’s MRAM nvNitro™ NVMe accelerator card which SMART has developed in collaboration with Everspin Technologies, Inc. (NASDAQ:MRAM). The nvNitro card is a revolutionary MRAM based SSD that has the high speed and high endurance of DRAMs combined with the non-volatility of Flash. Providing ultra-low latency, the nvNITRO accelerator card can increase data throughput and reduce critical storage bottlenecks, unlocking operational value while also satisfying data persistence requirements. In SMART’s demo you’ll see the performance advantages of the nvNitro NVMe vs an Enterprise SSD while utilizing the Apache Log4J application.When:      
January 24, 2018.
2018 Persistent Memory Summit, Westin San Jose, San Jose, CA. 
To learn more about SMART’s NVDIMMs please visit And, to learn more about SMART’s MRAM nvNitro NVMe Card please visit with SMART on LinkedIn at SMART Modular Technologies
SMART Modular Technologies is a global leader in specialty memory, storage and hybrid solutions serving the electronics industry for over 25 years. SMART Modular delivers solutions to a broad customer base, including OEMs in computing, networking, communications, storage, mobile and industrial markets. Focused on providing extensive customer-specific design capabilities, technical support and value-added testing services, SMART collaborates closely with their global OEM customers throughout their design process and across multiple projects to create memory, storage and hybrid solutions for demanding applications with differentiated requirements. Taking innovations from the design stage through manufacturing and supply, SMART Modular has developed a comprehensive product line comprised of DRAM, Flash and hybrid memory technologies across various form factors. SMART Modular is a subsidiary of SMART Global Holdings, Inc. See for more information.
Arthur Sainio
SMART Modular Technologies
(510) 624-8126  

New Vishay Intertechnology Noise Suppressor Resistors Offer Increased Voltage Performance and Reliability

MALVERN, Pa., Jan. 24, 2018 (GLOBE NEWSWIRE) — Vishay Intertechnology, Inc. (NYSE:VSH) today introduced a new series of wirewound noise suppressor resistors that delivers improved voltage performance and reliability for automotive ignition systems in reciprocating engines.
Vishay Dale NSR-HP series devices feature a coating that increases reliability by protecting the resistive element against moisture and mechanical shock while enabling high voltage performance to 45 kV and high operating temperatures to +200 °C. The resistors can withstand high voltage pulses at high frequencies and feature a dielectric withstand voltage of 1000 VAC.Ideal for reducing RFI during electrical discharges in gasoline engines, the NSR-HP series can be used in spark plug leads, as well as in spark plug caps. The devices are available with wide ohmic and inductance value ranges from 1 kΩ to 15 kΩ and 9 µH to 78 µH, respectively, and feature a temperature coefficient of ± 250 ppm/°C.The resistors are RoHS-compliant, halogen-free, and Vishay Green.Samples of the NSR-HP series are available now. Production quantities will be available in March, with lead times of 16 weeks.Vishay Intertechnology, Inc., a Fortune 1000 Company listed on the NYSE (VSH), is one of the world’s largest manufacturers of discrete semiconductors (diodes, MOSFETs, and infrared optoelectronics) and passive electronic components (resistors, inductors, and capacitors). These components are used in virtually all types of electronic devices and equipment, in the industrial, computing, automotive, consumer, telecommunications, military, aerospace, power supplies, and medical markets. Vishay’s product innovations, successful acquisition strategy, and “one-stop shop” service have made it a global industry leader. Vishay can be found on the Internet at on Facebook:
Vishay Twitter feed:
Share it on Twitter: new noise suppressor resistors offer increased performance & reliability for automotive ignition – to datasheet: (NSR-HP)
Link to product photo:
For more information please contact:
Vishay Intertechnology
Paul Harrison, +49 9287712808

Balbix Adds Veteran CMO Mark Weiner to Accelerate Growth as It Addresses the Challenge of Predicting and Preventing Breach Risk Across Enterprises

SAN JOSE, Calif., Jan. 24, 2018 (GLOBE NEWSWIRE) — Balbix, Inc., provider of the security industry’s first predictive breach risk management platform, today announced the appointment of Mark Weiner as its inaugural chief marketing officer (CMO). Mark comes from the white-hot SD-WAN space where he served as the CMO of industry innovator Versa Networks. He brings over 25 years of leadership and market creation experience in the security, networking, cloud and datacenter sectors and has proven himself multiple times in building startups from the ground up and taking disruptive technology vendors to the next-level of market awareness and product adoption.Mark joins Balbix as the need for an integrated approach to security and risk management sweeps across every enterprise today, with the massive increase in the incidence of data breaches. Per the Gartner Magic Quadrant for IT Risk Management 1, “A heightened focus on cybersecurity initiatives has led to a spurt of interest in the capabilities of IT Risk Management (ITRM) solutions. These solutions support management of IT-related risk, and facilitate reporting on cybersecurity-related initiatives; specifically of recent interest are IT risk assessment, security incident response and Security Orchestration, Automation and Reporting (SOAR) capabilities.” John Wheeler, author of Gartner’s Hype Cycle for Risk Management, 20172 writes, “Because digital business initiatives span the entire enterprise and cross industry lines, the business impact of digital risk management (DRM) will be significant.”Before joining Balbix, Mark expanded the already white-hot SD-WAN category for Versa, and helped the company become quickly recognized by analysts as one of the leading vendors in the space. Earlier, Mark served as CMO/vice president of marketing at Centrify, StorSimple (acquired by Microsoft), Virtela (acquired by NTT), NetScaler (acquired by Citrix), and Redback Networks (#5 IPO of 1999), as well as led marketing for multiple business units at Cisco. He is also an adjunct professor at Santa Clara University. Mark holds an MBA from Santa Clara University and a Bachelors from the Haas Business School, UC Berkeley.
“I made the decision to move from SD-WAN, one of the hottest markets in IT, to Balbix because I saw the same level of buzz, trajectory, and tremendous market opportunity in the breach risk management space,” said Mark Weiner, CMO, Balbix. “As enterprises continue to transform their business to become increasingly digital, they’re finding that their clutter of security and risk management solutions are not capable of proactively discovering and mitigating risk across their organization. Balbix’s unique approach to predicting and identifying risk across the enterprise, and ability to prioritize and clearly prescribe fixes, stood out to me as an opportunity to make a real impact in the ever-critical security market.”Balbix’s main differentiator is its ability to predict breaches, prioritize them by business risk, and prescribe the needed fixes – with simple and comprehensive visualization. Balbix is powered by an artificial intelligence (AI) engine that non-stop monitors and analyzes the enterprise network across 100+ attack vectors to provide a real-time, searchable breach risk assessment. By automating predictive risk calculations and prioritizing fixes based on business criticality, Balbix enables companies and security teams to maximize their effectiveness by channeling time into remediation vs. exploration efforts. The platform delivers an interactive color-coded map of assets at risk in the enterprise, giving security practitioners a simple way to assess the true risk posture of an enterprise and communicate that information to senior leadership.
“The enterprise attack surface is constantly evolving and growing as new IoT devices, cloud applications, and mobile devices are added to networks at massive scale and frequency. The landscape is changing so quickly through digitalization that humans can no longer keep up without AI-aided predictive analysis and prioritized action items. Mark’s battle scars and lessons learned over the years will be critical as we bring to market a holistic solution to address the growing challenges of breaches and digital risk,” said Gaurav Banga, CEO and founder of Balbix.
Connect with us on LinkedIn and follow us on Twitter.
To schedule a demo with the Balbix team, please visit: 1 Gartner, “Magic Quadrant for IT Risk Management Solutions”; Khushbu Pratap, Jeffrey Wheatman, Matthew T. Stamper; 29 June 20172 Gartner, “Hype Cycle for Risk Management, 2017”; John A. Wheeler; 19 July 2017
About Balbix
The Balbix predictive breach-risk platform is the industry’s first system to leverage advanced AI to provide enterprises with a comprehensive and continuous predictive risk calculation visualized via a searchable and clickable risk heat-map. Balbix’s solution is designed for CIOs, CISOs and IT security teams who wish to proactively understand their breach risk and cyber-resilience, delivering contextually relevant information per viewer. The Balbix system can predict critical breach scenarios, help users prioritize security operations and projects, and improve cyber-resilience.  
Media Contact Info:
Travis Anderson
10Fold for Balbix

Major Top-Tier Scottish Law Firm Burness Paull Moves 500 Users to iManage Cloud

CHICAGO, Jan. 24, 2018 (GLOBE NEWSWIRE) — iManage, the company dedicated to transforming how professionals work, today announced that Burness Paull – one of Scotland’s leading independent commercial law firms – has selected iManage Cloud for its 500 users to deliver secure document and information management.
Burness Paull saw the migration of its existing on-premises iManage Work implementation to iManage Cloud as a way to continue its long-standing relationship with iManage while increasing the firm’s scalability and agility. “Moving the responsibility for managing infrastructure and software updates to iManage, rather than managing it in-house, made a lot of sense,” said Billy Kirkwood, IT Director, Burness Paull. “With iManage Cloud, our professionals get reliable access to the document and email management tools they’ve long depended on, while IT can focus on new ways to create and deliver value to the business.”For enhanced security, Burness Paull will also be adding two iManage cloud-based applications to protect critical client data. With iManage Security Policy Manager, the firm gains a scalable way to manage ethical walls, segment data and implement a “need-to-know” security model. And iManage Threat Manager creates a unique electronic thumbprint from historical data for each user to detect internal and external threat actors with the highest level of accuracy.“Like most high-profile firms, we have clients with very demanding security requirements,” added Kirkwood. “The implementation of sophisticated tools like iManage Security Policy and iManage Threat Manager enables us to meet – and in many cases, exceed – client requirements around protecting their privileged information.”iManage partner Phoenix Business Solutions is helping Burness Paull with its migration of iManage Work to iManage Cloud and its deployment of iManage Threat Manager and iManage Security Policy Manager.“iManage delivers the industry’s leading Work Product Management capabilities with scalable, reliable performance and features specifically designed for professionals,” said Geoff Hornsby, General Manager, EMEA, iManage. “This proactive approach to security serves as an important differentiator for Burness Paull when clients are choosing which professional services firms to entrust with their information.”Follow iManage via:
About iManage
iManage transforms how professionals in legal, accounting and financial services get work done by combining the power of artificial intelligence with market leading document and email management. iManage automates routine cognitive tasks, provides powerful insights and streamlines how professionals work, while maintaining the highest level of security and governance over critical client and corporate data. Over one million professionals at over 3,000 organizations in over 65 countries – including more than 2,000 law firms and 500 corporate legal departments – rely on iManage to deliver great client work.
Press Contact Information:
Manjul Gupta
Head of Corporate Communications
Phone: 669-777-3430