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Foresight Announces Second Quarter 2021 Financial Results

Foresight Autonomous Holdings Ltd.

Foresight Autonomous Holdings Ltd., an innovator in automotive vision systems (Nasdaq and TASE: FRSX), today reported financial results for the second quarter of 2021. Foresight ended the second quarter of 2021 with $52.3 million in cash, cash equivalent and short-term deposits. The Company reported U.S. generally accepted accounting principles (GAAP) net loss of $3.2 million and non-GAAP net loss of $2.7 million for the second quarter of 2021, compared to GAAP net loss of $4.4 million and non-GAAP net loss of $3.2 million for the first quarter of 2021, reflecting a decrease of $1.2 million and $0.5 million, respectively, resulting primarily from financial income accrued during the second quarter of 2021. “Foresight continues to achieve remarkable progress as it expands into new markets and geographic areas,” said Haim Siboni, Foresight’s Chief Executive Officer. “We believe that our prototype sale to a leading agriculture and construction machinery manufacturer demonstrates the potential of our QuadSight ® vision system in the agricultural equipment market, while our coming proof of concept with the American subsidiary of a leading European passenger car manufacturer shows the continued appeal of our technology to the automotive industry.” “The second quarter also saw important milestones for our wholly-owned subsidiary, Eye-Net Mobile, as well as our affiliate, Rail Vision Ltd. (“Rail Vision”). Eye-Net Mobile pilot projects expansion in Japan and Europe, and the announcements that Rail Vision has filed a draft prospectus for an initial public offering on the Tel Aviv Stock Exchange, reflect the ambitious goals and long-term growth anticipated by both companies.” Second Quarter 2021 Financial Results Research and development (R&D) expenses, net for the three months ended June 30, 2021 were $2,436,000, compared to $1,876,000 in the three months ended June 30, 2020. The increase is attributed mainly to an increase in payroll and related expenses and an increase in subcontracted services. General and administrative (G&A) expenses for the three months ended June 30, 2021 were $812,000, compared to $634,000 in the three months ended June 30, 2020. The increase is attributed primarily to an increase in share-based compensation expenses to employees and service providers. GAAP net loss for the three months ended June 30, 2021 was $3,163,000, or $0.01 per ordinary share, compared to a GAAP net loss of $3,331,000, or $0.02 per ordinary share, in the three months ended June 30, 2020. The decrease in the net loss is attributed mainly to the increase in financing income, net, offset mainly by an increase in payroll and related expenses. Non-GAAP net loss for the three months ended June 30, 2021 was $2,661,000, or $0.01 per ordinary share, compared to a non-GAAP net loss of $3,136,000, or $0.02 per ordinary share, in the same quarter last year. A reconciliation between GAAP net loss and non-GAAP net loss is provided in the financial statements that are part of this release. Balance Sheet Highlights Cash and cash equivalents and short-term deposits totaled $52.3 million as of June 30, 2021, compared to $43.9 million as of December 31, 2020. GAAP shareholders’ equity totaled $55.3 million as of June 30, 2021, compared to $47 million as of December 31, 2020. The increase is attributed to the receipt of proceeds from the securities offerings completed during the first quarter of 2021 and option exercises, offset by the net loss for the same period. Second Quarter Corporate Highlights: Foresight Chosen for Joint POC Project by a Leading European Auto Manufacturer: Foresight was chosen by the American subsidiary of a leading European passenger car manufacturer to provide a proof-of-concept (POC) to test Foresight’s stereoscopic technology. Following successful completion of the project, the European passenger car manufacturer may consider integrating Foresight’s solutions into its vehicle safety applications. Foresight Receives Prototype Order of QuadSight Vision System from Leading Agricultural Equipment Manufacturer: In June, Foresight announced the sale of a prototype of its QuadSight four-camera vision system to a leading global manufacturer of agricultural and construction equipment. The manufacturer will evaluate the QuadSight system for use in agricultural machinery, marking the Company’s first sale to the agricultural equipment market. Foresight’s advanced thermal stereoscopic capabilities are designed to offer added value to precision agriculture and automated navigation. Rail Vision Files Draft Prospectus for Initial Public Offering: In May, Rail Vision, an affiliate of Foresight, filed a public draft prospectus for an initial public offering and registration for trade of its securities on the Tel Aviv Stock Exchange. Rail Vision intends to simultaneously test the prevailing conditions on the Israeli capital markets towards a potential public offering. The filing of a final prospectus is subject to a permit from the Israeli Securities Authority and the approval of the Tel Aviv Stock Exchange. Eye-Net Mobile to Pursue Potential Nasdaq Listing: Foresight’s wholly owned subsidiary, Eye-Net Mobile Ltd. (“Eye-Net Mobile”), announced in May that it intends to pursue a potential listing on the Nasdaq Stock Market. The strategic decision was made following a resolution of the board of directors of both Foresight and Eye-Net Mobile. Eye-Net Partners with WebSIA for Exclusive Distribution in Brazil: In April, Foresight announced that its wholly owned subsidiary, Eye-Net Mobile, signed a distribution agreement with WebSIA Soluções Disruptivas, Inteligências Associadas, Tecnologia e Serviços Ltda. (“WebSIA”), a Brazilian distributor, developer and integrator focused on cutting-edge technologies. WebSIA will exclusively promote the Eye-Net Protect accident prevention solution and serve as Eye-Net’s distributor in the city of Sao Paulo, Brazil’s most densely populated and technologically advanced region. Rail Vision Signs Agreement to Supply Prototype to Rio Tinto Railway Network: In May, Foresight’s affiliate Rail Vision announced an agreement to supply equipment, services and personnel to the Australian rail company Rio Tinto Railway Network. According to the agreement, Hitachi Rail STS, the project integrator, will supply Rio Tinto with a prototype of Rail Vision’s Collision Avoidance System to conduct demonstration and feasibility testing for a proof-of-concept project. Successful demonstrations may lead to Rail Vision outfitting Rio Tinto’s entire fleet of approximately 220 vehicles with its systems. Use of Non-GAAP Financial Results In addition to disclosing financial results calculated in accordance with United States generally accepted accounting principles (GAAP), the company's earnings release contains non-GAAP financial measures of net loss for the period that exclude the effect of stock-based compensation expenses. The company’s management believes the non-GAAP financial information provided in this release is useful to investors’ understanding and assessment of the company's ongoing operations. Management also uses both GAAP and non-GAAP information in evaluating and operating business internally and as such deemed it important to provide all this information to investors. The non-GAAP financial measures disclosed by the company should not be considered in isolation or as a substitute for, or superior to, financial measures calculated in accordance with GAAP, and the financial results calculated in accordance with GAAP and reconciliations to those financial statements should be carefully evaluated. Reconciliations between GAAP measures and non-GAAP measures are provided later in this press release. About Foresight Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), founded in 2015, is a technology company engaged in the design, development and commercialization of sensor systems for the automotive industry. Through the company’s wholly owned subsidiaries, Foresight Automotive Ltd. and Eye-Net Mobile Ltd., Foresight develops both “in-line-of-sight” vision systems and “beyond-line-of-sight” cellular-based applications. Foresight’s vision sensor is a four-camera system based on 3D video analysis, advanced algorithms for image processing, and sensor fusion. Eye-Net Mobile’s cellular-based application is a V2X (vehicle-to-everything) accident prevention solution based on real-time spatial analysis of clients’ movement. The company’s systems are designed to improve driving safety by enabling highly accurate and reliable threat detection while ensuring the lowest rates of false alerts. Foresight is targeting the semi-autonomous and autonomous vehicle markets and predicts that its systems will revolutionize automotive safety by providing an automotive-grade, cost-effective platform and advanced technology. For more information about Foresight and its wholly owned subsidiary, Foresight Automotive, visit www.foresightauto.com, follow @ForesightAuto1 on Twitter, or join Foresight Automotive on LinkedIn. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” "estimates" and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Foresight is using forward-looking statements in this press release when it discusses the potential of the Company’s QuadSight ® vision system in the agricultural equipment market and the continued appeal of Foresight’s technology to the automotive industry, long-term growth anticipated by both Rail Vision and Eye-Net Mobile, that following the successful completion of the POC project, the European passenger car manufacturer may consider integrating Foresight’s solutions into its vehicle safety applications, that Rail Vision intends to test the prevailing conditions on the Israeli capital markets towards a potential public offering, that Eye-Net Mobile intends to pursue a potential listing on the Nasdaq Stock Market, that WebSIA will exclusively promote the Eye-Net Protect accident prevention solution and serve as Eye-Net’s distributor in the city of Sao Paulo, and that successful demonstrations of Rail Vision’s Collision Avoidance System may lead to Rail Vision outfitting Rio Tinto’s entire fleet. Because such statements deal with future events and are based on Foresight’s current expectations, they are subject to various risks and uncertainties and actual results, performance or achievements of Foresight could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading “Risk Factors” in Foresight’s annual report on Form 20-F filed with the Securities and Exchange Commission (“SEC”) on March 30, 2021, and in any subsequent filings with the SEC. Except as otherwise required by law, Foresight undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Investor Relations Contact: Miri Segal-Scharia CEO MS-IR LLC msegal@ms-ir.com 917-607-8654 FORESIGHT AUTONOMOUS HOLDINGS LTD. INTERIM CONDENSED CONSOLIDATED BALANCE SHEETS U.S. dollars in thousands FORESIGHT AUTONOMOUS HOLDINGS LTD. INTERIM CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS U.S. dollars in thousands FORESIGHT AUTONOMOUS HOLDINGS LTD. INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW U.S. dollars in thousands FORESIGHT AUTONOMOUS HOLDINGS LTD. INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW U.S. dollars in thousands FORESIGHT AUTONOMOUS HOLDINGS LTD. SUPPLEMENTAL RECONCILIATION OF GAAP TO NON-GAAP RESULTS U.S. dollars in thousands Contact Details Investor Relations Contact Miri Segal-Scharia, CEO, MS-IR LLC +1 917-607-8654 msegal@ms-ir.com Company Website https://www.foresightauto.com/

August 20, 2021 04:05 PM Eastern Daylight Time

Healthtech wearable glucose tracker Ultrahuman raises $17.5m in series B funding

Ultrahuman

Ultrahuman, the rapidly growing metabolic fitness platform, today announced it has raised $17.5 million, as it aims to help over a billion people in the world suffering from a metabolic health disorder. This brings the total funds raised so far to $25mn. Ultrahuman is committed to making metabolic fitness accessible to millions of people globally. The funds raised will be used for geographical expansion and to improve their biomarker technology. The series B funding came from Alpha Wave Incubation (AWI), which is backed by DisruptAD and managed by Falcon Edge, Steadview Capital, Nexus Venture Partners, Blume Ventures and Utsav Somani’s iSeed fund. Marquee founders and angel investors also participated including Tiger Global’s Scott Schleifer, Sandeep Singhal, Kunal Shah, Sujeet Kumar, Deepinder Goyal, Gunjan Patidar, Gaurav Munjal, Revant Bhate, Mohit Gupta, Vikram Dhingra and Roman Saini. The Ultrahuman Cyborg wearable helps people optimize their exercise and nutrition based on glucose biomarkers. The Ultrahuman wearable launched in June 2021 has already amassed thousands of users in the waitlist with users raving about their experience on Twitter after using the wearable. The metabolic health crisis is unarguably one of the largest healthcare crises that exists today. Over a billion people in the world suffer from a metabolic health disorder which contribute to almost 85% of all chronic diseases in the world. By helping people understand how food and exercise affects their metabolic health, people would be able to make informed choices about what they eat and their activity levels. The approach is a geography / diet agnostic way to help people eat and exercise better. A single biomarker like glucose can reveal so much about how a particular food item affects the user’s metabolic health by measuring the glucose response. This response is unique to an individual and it depends on various factors like their microbiome diversity, stress levels, time of the day, food ingredient quality etc. Ultrahuman was started by Mohit Kumar and Vatsal Singhal who were also co-founders at Runnr that later merged with Zomato. Mohit is an avid cyclist, biohacker and Brazilian Jiu-Jitsu enthusiast. Vatsal is a cross fit enthusiast and biohacker. Mohit was training at one of the largest MMA Camps in the world (Tiger Muay Thai). There he observed athletes train smartly via usage of data, recovery tools and protocols. He got together with Vatsal and they came up with a vision for Ultrahuman where they can make the journey of fitness for people more personalised and impactful. “Biomarkers will change how the fitness and the healthcare industry works. By being able to continuously monitor their biomarkers like glucose, users can not only avoid chronic diseases but make lifestyle changes that help them improve their fitness levels for longevity and performance, ” said Ultrahuman Founder and CEO Mohit Kumar. Navroz D. Udwadia, Co-Founder, Falcon Edge Capital, said, " We are excited to partner with Mohit and Vatsal, founders of Ultrahuman. We believe they can transform the way people view personal wellness globally. Their thoughtfulness around UI / design and consumer experience is inspiring. We are thrilled to back what could be a pioneering biomarker-driven global healthcare business. Their dual obsessiveness around product engineering and customer experience is already showing result in terms of product market fit and retention. ” Commenting on the investment, Ravi Mehta, Founder and MD Steadview Capital, said, “ We are excited to be a part of Ultrahuman’s journey as it takes what we believe to be a disruptive approach to personal wellness. Ultrahuman’s biosensor-enabled, data-first model, in our view, is the future of any personalized healthcare ecosystem, ” “We at Nexus are super excited about Ultrahuman’s biomarker based approach to build hyper- personalised diet and exercise journeys for users. We are seeing a very strong pull for Ultrahuman’s Cyborg platform globally and feel that it will be a foundational approach to personal wellness in the years to come, ” added Sameer Brij Verma, MD Nexus Venture Partners. “Mohit and team have taken their personal fitness journeys and translated them to a world class product and experience in just over a year. We expect Ultrahuman to help shape how health is proactively monitored across global audiences, “ said Karthik Reddy, Founder of Blume Ventures. About Ultrahuman Ultrahuman is headquartered in the US and India. It is the world's most advanced metabolic fitness platform. It helps people create long-term habits and changes via instant nudges and deep health insights instead of diets and strict exercise routines. For more information and updates on Ultrahuman, please visit ultrahuman.com Contact Details Ultrahuman Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com

August 19, 2021 08:00 AM Pacific Daylight Time

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Cloud Conventions Introduces SafetyNet to Create a Virtual Backup Plan for Live Events

Convey Services

Cloud Conventions today introduced SafetyNet ™, a new program to provide a virtual event backup options for associations, tradeshows, event managers or trade groups that have a live event scheduled now or in the near future. SafetyNet provides a standby virtual event platform that can be activated if needed when attendance for a live event declines or if there is a requirement to pivot to an all-virtual program. A SafetyNet platform can be brought online in a matter of days without technical support or programming. Cloud Conventions is a sophisticated event management platform that redefines the attendee and exhibitor experience with a strong focus on delivering virtual and hybrid events, regardless of size or budget. “It seems like a repeat of 2020 as event managers, associations and other trade groups are struggling to decide if they should cancel their live event, shift to virtual or hybrid, or take other precautions to make attendees and exhibitors feel safe,” said Carolyn Bradfield, CEO of Cloud Conventions. “Any group hosting live events today needs a virtual backup plan that can be activated to ensure attendees and sponsors can participate in industry sessions, continuing education and still make connections that they would miss when they can’t attend in person.” SafetyNet maintains a low-cost Cloud Conventions virtual platform on standby behind a private login until required. It is hosted on a custom URL, is fully branded, customized and organized to host live or on-demand sessions, exhibitor and sponsor booths or provide a resource center for all event-related content. Attendees can be imported from a live event registration system and have their record transferred to SafetyNet including demographics and event access permissions. Sponsors are assigned a virtual booth template and configured to go live without technical assistance, in a matter of hours. “Now that live events have partially returned, many groups ask themselves if virtual events are worth it, so they only focus on their in-person event, often to their detriment,” added Bradfield. “A 2020 study of 1,000 respondents, ‘ Association Trends: From Disruption to Opportunity’ produced by Community Brands, details that having a virtual option for membership participation has changed from a nice-to-have to a must have. Some live events scheduled for the fall of 2021 are being abruptly cancelled due to on-going COVID risks. This is clearly an indicator that the pandemic is far from over. A SafetyNet option is the best insurance that the show will go on, no matter what.” SafetyNet is offered for a low, setup fee to create a fully branded and configured virtual environment. If the organizer chooses to go live with a hybrid or all-virtual event, the setup fee applies to the event package. Show managers can choose as much or as little assistance from Cloud Conventions to bring their event online quickly with all the features needed to educate and engage attendees. Having a virtual option guarantees a rewarding experience for attendees, better ROI for sponsors and ensures smoother event operation for organizers. Explore SafetyNet at: https://cloudconventions.com/page/139455/safetynet. About Cloud Conventions Cloud Conventions from Convey Services is Cloud Conventions is an enterprise virtual/hybrid event management platform that redefines the exhibitor and attendee experience to allow companies to provide easy access to in-depth product information, showcase their brands with graphics and videos, create calls to action and generate immediate sales leads. Used around the world for large managed events and smaller self-directed meetings, conferences and corporate kickoffs, Cloud Conventions automates exhibitors and virtual booths, continuing education, speaker sessions and reminders, invitations and email communication, while at the same time producing detailed analytics on attendee, session and exhibitor activity. Cloud Conventions supports multiple languages and currencies, internal, external and single-sign on registration, and supports all conferencing carriers and platforms. Trade Associations and event managers can explore all of the Cloud Conventions solutions by visiting https://cloudconventions.com or contacting info@cloudconventions.com or call 888-975-1382. Cloud Conventions™, Community™, SafetyNet™, Cloud Kickoffs™, Conduct™, One-Touch Email Share™, Hub & Spoke™, 360° Virtual Exhibit Hall & Lobby Experience™ and ListLock™ are trademarks of Convey Services LLC Contact Details Bruce Ahern +1 770-580-0810 bahern@conveyservices.com Company Website https://cloudconventions.com

August 19, 2021 10:29 AM Eastern Daylight Time

News Release

Sharp, A New Sports Betting App Focused on Empowering Bettors Through Advanced Education, Officially Launches

Sharp

Sharp announced today that its sports betting app officially launched in both the App and Google Play stores. Sharp is a first-of-its-kind sports betting app, providing an all-in-one platform experience of multimedia content, tools and solutions developed specifically to educate and empower sports bettors to make smarter decisions and manage their actions. Sharp is the amalgamation of two industry giants, Win Daily and DFS Army. With more than 10-years experience combined, in understanding the needs, wants and pain points of sports bettors, the app unites Win Daily’s exceptional media content and DFS Army’s development of proprietary technology to create the ultimate sports betting educational experience. The Sharp app is currently free for download on Android and iOS. The anchor feature of the app is “Sharp Academy.” Sharp Academy is a multimedia masterclass that will teach all skill levels different aspects of sports betting. Led by sports betting expert John Alessia, Sharp Academy will produce daily content (podcasts, live streams and articles) providing tips, advice and strategies aimed at breaking down sports betting to its foundational elements. Sharp Academy will be free for the first 1,000 downloads of the Sharp app. “Even as sports betting explodes across America, there is a significant segment of the market that is still sitting on the sidelines because they aren’t educated on how to bet, what to look for or what success over time looks like,” said Sharp co-founder and CEO Kevin Epstein. “Apps leveraging innovative technology focused on user education and self-management are already second nature to consumers looking to strengthen their personal financials or health and fitness regimen - sports betting should be no different. With Sharp, we’ve created the ultimate platform of tools and content that we wish we had when we started sports betting.” Sports betting experts and company executives Alessia, Epstein and Jason Mezrahi will all produce content for the app. Additional noted sports betting experts contracted to create content for the platform will be announced at a later date. “In bringing together Win Daily and DFS Army, we bring decades of expertise that fuses the best sports betting content and experts with world-class proprietary technology that will continue to evolve and innovate as the industry grows and expands,” said Mezrahi, co-founder and COO of Sharp. “Users can expect rich daily content across the spectrum of sports and intuitive tools to help provide historical perspective on personal bets and real-time statistics to help make the best decisions for the bettor. There has been a dearth of sports betting educational products in the market and we’re excited for users to begin seeking value from the Sharp platform.” Additional app features include: Bet tracking technology Odds checking Team and player prop projections For more information please visit: https://sharp.app/ To download the app: App Store: https://apps.apple.com/us/app/sharp-app/id1557592668 Google Play: https://play.google.com/store/apps/details?id=com.sharpapp ABOUT SHARP APP Founded in 2020, by sports betting and fantasy experts and executives from Win Daily and DFS Army, Sharp is a first-of-its-kind sports betting app. Sharp provides an all-in-one platform experience of multimedia content, tools and solutions developed specifically to educate and empower sports bettors to make smarter decisions and manage their actions. Follow Sharp on social media - Twitter, Facebook, Instagram, YouTube and TikTok. Contact Details HPL Digital Sport Michael Adorno +1 212-931-6143 madorno@hotpaperlantern.com Company Website https://sharp.app/

August 19, 2021 09:01 AM Eastern Daylight Time

VTS NAMED TO THE 2021 FORBES CLOUD 100 FOR THE THIRD CONSECUTIVE YEAR

VTS

VTS, the commercial real estate industry’s (CRE) leading leasing, marketing, and asset management platform, today announced it has been named to the 2021 Forbes Cloud 100, the definitive ranking of the top 100 private cloud companies in the world, published by Forbes in partnership with Bessemer Venture Partners and Salesforce Ventures. VTS is changing the way that commercial real estate (CRE) does business — disrupting a $15 trillion industry by becoming the modern operating system for CRE— one of the world’s largest and least tech-enabled asset classes, offering solutions for office, retail and industrial owners and driving the industry-wide shift towards using real-time data to make portfolio decisions. “We’re honored to once again be named to the Forbes Cloud 100 at a time when technology has proved to be essential for commercial real estate to navigate the uncertainty the COVID-19 pandemic has presented,” said Nick Romito, CEO of VTS. “Now more than ever, tech has earned its place within CRE, and we’re proud that our products have provided the technology, support, and guidance they’ve needed to weather the storm. A special thank you to our team who have continued to innovate, develop, and deliver. This recognition is a true testament to their hard work and tenacity.” Following what was one of the most challenging years for the CRE industry in recent history, VTS continued to be a valuable resource for its customer base, which includes more than 45,000 commercial real estate professionals including respected industry leaders Blackstone, Brookfield Properties, LaSalle Investment Management, Hines, Boston Properties, Oxford Properties, JLL, and CBRE. In June 2020, VTS launched VTS Market & Marketplace, the CRE industry’s first integrated, online marketing platform that enables landlords and their agency teams to market and lease their available spaces remotely for the first time. In October 2020, VTS released VTS Data, the industry’s only pulse on what’s happening in the market today, capturing active tenant demand and projecting future supply fluctuations. In December 2020, VTS launched its free monthly VTS Office Demand Index (VODI), the earliest available indicator of forthcoming office leases and tenant sentiments, locally and nationally, representing up to 99-percent of new demand for office spaces within the core seven markets, including New York City, Los Angeles, Washington D.C., San Francisco, Boston, Chicago, and Seattle. In addition to the numerous, highly-anticipated product launches announced throughout the pandemic to help landlords weather the storm and navigate their portfolios, in March 2021, VTS entered into an agreement to acquire Rise Buildings, a property operations and tenant experience technology company used by top landlords including Blackstone, Hines, and CIM Group. In July 2021, VTS announced that the newly acquired product, now branded as VTS Rise, has become the most adopted tenant experience technology in proptech as VTS customers chose VTS Rise for their portfolios. As of July 1, 2021, over 300 million square feet in 161 cities and over 500 buildings worldwide are managed on VTS Rise. For the sixth straight year, the Cloud 100 reviews submissions from hundreds of cloud startups and private companies each year. The Cloud 100 evaluation process involved ranking companies across four factors: market leadership (35-percent), estimated valuation (30-percent), operating metrics (20-percent), and people & culture (15-percent). For market leadership, the Cloud 100 enlists the help of a judging panel of 34 public cloud company CEOs who assist in evaluating and ranking their private company peers. “The companies of the Cloud 100 list represent the best and brightest emerging companies in the cloud sector,” said Alex Konrad, senior editor at Forbes. “Every year, it gets more difficult to make this list — meaning even more elite company for those who do. Congratulations to each of the 2021 Cloud 100 honorees and to our 20 Rising Stars up-and-comers poised to join their ranks.” “The private cloud ecosystem continues to see historic rates of digital transformation,” said Byron Deeter, partner at Bessemer Venture Partners. “Private cloud valuations are getting bigger as the market’s appetite for cloud continues to grow. These founders represent the absolute best in cloud computing today, and they appear likely to follow in the footsteps of our esteemed Cloud 100 alumni. Congratulations to these cloud leaders!” "How we work has undergone a paradigm shift and businesses of all shapes and sizes are reimagining the tools that are needed to ensure working from anywhere is a sustainable, long-lasting solution," said Alex Kayyal, Managing Partner, Salesforce Ventures. “The last 18 months have made digital transformation an urgent imperative and the cloud has never been more pivotal in powering our new digital economy. The companies on this list represent the leaders and businesses shaping the future of the cloud ecosystem and we are excited to partner with Bessemer Venture Partners and Forbes to honor these trailblazers of the industry.” The Forbes 2021 Cloud 100 and 20 Rising Stars lists are published online at www.forbes.com/cloud100. Highlights of the list appear in the September 2021 issue of Forbes magazine. The Cloud 100 and the 20 Rising Stars companies are publicly recognized at this year’s virtual Cloud 100 experience, hosted by Bessemer Venture Partners, Salesforce Ventures, and Forbes on August 10th at thecloud100.com. A special thank you to virtual event sponsors Amazon Web Services (AWS), Bank of America, Cooley, FuelxMcKinsey, Goldman Sachs, J.P. Morgan, Morgan Stanley, Nasdaq, Qatalyst Partners, Silicon Valley Bank, and WisdomTree. About VTS VTS is commercial real estate’s leading leasing, marketing, asset management, and tenant experience platform where the industry comes to make deals happen and real-time data comes to life. The VTS Platform captures the largest first-party data source in the industry, which delivers real-time insights that fuel faster, more informed decision making and connections throughout the deal and asset lifecycle. VTS Data, the industry’s only forward-looking market dataset, and VTS Market and Marketplace, the industry’s first integrated online marketing solution, give landlords, brokers, and tenants unparalleled visibility into real-time market information and the direct connectivity to execute deals with greater speed and intelligence at every point in the planning, marketing, leasing, and asset management cycle. VTS Rise is the industry’s most comprehensive tenant experience solution, offering occupiers, building operators, and visitors an immersive, tech-enabled experience. More than 60% of Class A office space in the US and 12B square feet of office, retail, and industrial real estate globally is managed on the VTS platform. VTS’ user base includes over 45,000 CRE professionals including respected industry leaders like Blackstone, Brookfield Properties, LaSalle Investment Management, Hines, Boston Properties, Oxford Properties, JLL, and CBRE. To learn more about VTS, and to see our open roles, visit www.vts.com. Contact Details Elise Szwajkowski +1 212-402-3495 eszwajkowski@marinopr.com Company Website https://www.vts.com/

August 19, 2021 09:00 AM Eastern Daylight Time

SONGTRADR RANKS NO. 31 ON THE 2021 INC. 5000 LIST

Songtradr

Inc. Magazine Reveals Annual List of America’s Fastest-Growing Private Companies—the Inc. 5000 Inc. magazine has revealed that Songtradr, the world’s largest music licensing marketplace, is No. 31 on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the US economy’s most dynamic segment—its independent small businesses. Intuit, Zappos, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000. “We’re honored to be featured alongside so many impressive companies in this year’s list,” said Paul Wiltshire, CEO of Songtradr. “The growth Songtradr has accomplished over the past three years is something we’re very proud of - we have an incredible team that is committed to developing technologies that connect the music industry to brands and content creators.” Not only have the companies on the 2021 Inc. 5000 been very competitive within their markets, but this year’s list also proved especially resilient and flexible given 2020’s unprecedented challenges. Among the 5,000, the average median three-year growth rate soared to 543 percent, and median revenue reached $11.1 million. Together, those companies added more than 610,000 jobs over the past three years. Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000. The top 500 companies are featured in the September issue of Inc., which will be available at newsstands on August 20. “The 2021 Inc. 5000 list feels like one of the most important rosters of companies ever compiled,” says Scott Omelianuk, editor-in-chief of Inc. “Building one of the fastest-growing companies in America in any year is a remarkable achievement. Building one in the crisis we’ve lived through is just plain amazing. This kind of accomplishment comes with hard work, smart pivots, great leadership, and the help of a whole lot of people.” METHODOLOGY OF INC. 5000 Companies on the 2021 Inc. 5000 are ranked according to percentage revenue growth from 2017 to 2020. To qualify, companies must have been founded and generating revenue by March 31, 2017. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2020. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2017 is $100,000; the minimum for 2020 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to three decimal places. There was one tie on this year’s Inc. 5000. Companies on the Inc. 500 are featured in Inc. ’s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000 ABOUT INC. MEDIA The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multi-platform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Vision Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com For more information on the Inc. 5000 Vision Conference, visit http://conference.inc.com/ Songtradr is the largest B2B music licensing marketplace in the world, providing music creators and rights owners with a complete tech-enabled solution for rights management and monetization while providing B2B music users such as brands, advertisers, filmmakers, SVOD and broadcast networks, gaming, streaming and social media platforms with highly-efficient, AI guided access to music. Contact Details Maya Sarin +1 818-422-2248 maya@jiveprdigital.com Company Website https://www.songtradr.com/

August 19, 2021 06:00 AM Pacific Daylight Time

Akeneo Named PIM Provider for Thrasio’s 125+ Brands

Akeneo

Product experience management (PXM) leader Akeneo today announced its selection by Thrasio, the world’s largest acquirer of Amazon sellers, to help manage product information across its brands. Akeneo’s best-in-class product information management (PIM) solution will ensure accurate, consistent, and relevant product information across millions of SKUs and sales channels, including Amazon, DTC websites, social shopping channels, and other marketplaces, helping Thrasio build a next-generation eCommerce stack capable of driving omnichannel success for its fast-growing portfolio. Akeneo will support Thrasio as it manages a growing portfolio of more than 125 high-value companies with more than 16,000 SKUs. With the ability to seamlessly coordinate information and content for thousands of Thrasio products across hundreds of brands, in multiple languages and across dozens of channels worldwide, Akeneo will enable Thrasio to sell faster, better, and everywhere. Supporting Thrasio’s evolution into a major, next-generation CPG company, the right PIM partner is a key component to managing its multichannel growth. Akeneo prides itself on its flexibility, which provides the capability to manage catalogs for a wide variety of products; its openness, which ensures ease of integration across evolving eCommerce stacks; and its scalability, offering a future-proof solution capable of keeping pace with growth. Akeneo will integrate with other critical components of Thrasio’s eCommerce infrastructure, including its best-in-class Enterprise Resource Planning (ERP) and Digital Asset Management (DAM) tools, to support the company’s ongoing growth. “As we’ve built out the eCommerce infrastructure for our successful Amazon sellers, we quickly realized that product information management is an essential component to success at scale,” said Carlos Cashman, Thrasio co-CEO and co-founder. “Providing a consistently excellent omnichannel experience requires accurate and standardized product information that empowers customers to make smart, informed choices. Failing to do so will cause customers to abandon their purchase and grow frustrated with the brand. Akeneo is simple to use yet powerfully customizable, which means it integrates easily with our existing platforms and streamlines our operations as we expand channels and move to new markets.” “Product information is the lifeblood of commerce and the driving force behind digital transformation,” said Fred de Gombert, CEO and co-founder of Akeneo. “As Thrasio finds more ways to bring beloved products to consumers whenever and wherever they are, they recognize that a powerful and effective PXM solution is a must-have to accelerate growth and drive scalable productivity gains across their fast-growing portfolio. We’re obsessed with delivering best-in-class PXM for market-leading companies, and we’re delighted to be joining Thrasio on their continuing mission to revolutionize eCommerce.” About Akeneo Akeneo is a global leader in Product Experience Management (PXM), helping businesses to unlock growth opportunities by delivering a consistent and compelling product experience across all channels, including eCommerce, mobile, print, points of sale, and beyond. With its open platform, leading PIM, add-ons, connectors, and marketplace, Akeneo PXM Studio dramatically improves product data quality and accuracy, simplifies catalog management, and accelerates the sharing of product information across channels and locales. Leading global brands, manufacturers, distributors, and retailers, including Staples Canada, Fossil, Air Liquide, and Myer, trust Akeneo to scale and customize their omnichannel commerce initiatives. Using Akeneo, brands and retailers can improve customer experience, increase sales, reduce time to market, go global, and boost team productivity. More information at https://www.akeneo.com. About Thrasio Thrasio is the consumer goods company reimagining omnichannel commerce and consumer products, and boasts an innovation engine that brings high-quality products to market across digital marketplaces, channels, and retailers globally. With the experience of evaluating 6,000 Amazon companies, data on consumer preferences from more than 125 brands, and the operational scale of more than 16,000 SKUs, Thrasio is the largest acquirer of Amazon FBA brands. Thrasio builds these brands to compete with top household names, offering consumers more choice and exceptional value. For more information, visit https://thrasio.com. Contact Details Akeneo Ran Xu +1 213-309-2373 ran@rosebudpr.io Company Website https://www.akeneo.com

August 19, 2021 09:00 AM Eastern Daylight Time

7SIGNAL Named to the Inc. 5000 List of America's Fastest-Growing Private Companies

7SIGNAL

7SIGNAL ®, the leader in enterprise wireless experience monitoring, announced today that it earned a coveted place on Inc. Magazine’s annual list of the fastest-growing private companies in America, the Inc. 5000. With the prestigious honor, 7SIGNAL joins the ranks of well-known honorees like Intuit, Zappos, Under Armour, Microsoft, Jamba Juice, Timberland, Clif Bar, Pandora, Patagonia, and Oracle. 7SIGNAL achieved 105% annual recurring revenue (ARR) growth, working with companies across a variety of industries including healthcare, manufacturing, retail, distribution, and large enterprise. “We’re thrilled to have our explosive growth recognized by Inc. Magazine, driven by the demand for digital experience monitoring,” said Tom Barrett, 7SIGNAL President and CEO. “The innovation we’ve invested in the 7SIGNAL platform and the overall strength of our team allowed us to help customers improve productivity, reduce downtime and maintain business continuity in the newly remote work environment that COVID-19 brought on, and it’s been thrilling to spur growth for our customers as well as our team.” According to Gartner, “The global pandemic is increasing the demand from organizations for endpoint monitoring tools. These technologies are instrumental in helping I&O leaders to enable the massive shift in remote working. Gartner inquiry data for the first months of 2020 grew five times compared to 2019. IT organizations struggled to gain visibility into end-user experience as at-home workers accessed applications using home computers with shared home networks.” Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000. The top 500 companies are featured in the September issue of Inc., which will be available on newsstands on August 20. About 7SIGNAL 7SIGNAL ® is the leader in wireless experience monitoring, providing insight into wireless networks and control over Wi-Fi performance so businesses and organizations can thrive. Our cloud-based wireless network monitoring platform continually tests and measures Wi-Fi performance at the edges of the network, enabling fast solutions to digital experience issues and stronger connections for mission-critical users, devices and applications. Learn more at www.7signal.com. About Inc. Media The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including web sites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Vision Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com. Contact Details 7SIGNAL Madison Filipiak +1 216-812-3954 madison.filipiak@pr2020.com Company Website https://www.7signal.com/

August 18, 2021 12:00 PM Eastern Daylight Time

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GET Group North America Teaming with Scytáles to Demonstrate Global Mobile Driver’s License Interoperability at AAMVA’s AIC 2021

GET Group North America

GET Group North America, an innovative developer of mobile ID technology with over 20 years of experience in secure government credentials, will be demonstrating GET Mobile ID and GET Mobile Verify alongside its international technology partner, Scytáles, at AAMVA’s 2021 International Conference. Together, the companies will be demonstrating how a mobile driver’s license (mDL) solution that is fully compliant with the ISO 18013-5 standard allows people to use their Mobile ID worldwide through secure, contactless interactions that also safeguard their privacy. Select attendees will be able to get their personalized mDL and travel between GET’s booth, representing America, and Scytáles’ booth, representing Sweden. These mDL holders will complete mock TSA, banking and age-based purchase transactions and collect giveaway items. “The successful adoption of large-scale mobile driver’s license adoption hinges not only on the ability for an mDL issued in one’s home state to be accepted across the USA, but also to be recognized internationally as a legal form of ID,” said David Kelts, director of product development, mobile ID, GET Group North America. “Creating a truly global mDL ecosystem requires technology that fully complies with the ISO standard for mobile ID, and that’s the full solution GET and Scytáles offer now and will be demonstrating.” “Many jurisdictions around the world are moving towards a mobile driver’s license offering and should make sure they’re choosing technology that adheres to internationally-recognized security and interoperability standards,” said Geoff Slagle, president & chief business development officer at Scytáles. “North Americans travel extensively. Investing time and resources in the transition to mDL could slow if jurisdictions don’t ensure their digital credentials comply with the larger ecosystem – and we’re very excited to demonstrate how that’s possible at AIC 2021.” The Utah Driver License Division (DLD) is currently conducting an mDL pilot using GET Group North America’s technology, making it the first in the country where both ID Issuer and businesses are fully ISO 18013-5-compliant. Utah Community Credit Union and Harmons Grocery have been among the first to pioneer implementation of verification technology that allows state-issued mDLs to be accepted without the subjectivity of visual inspection. mDL also facilitates totally contactless ID checks that put the citizen in control of the data they share based on the nature of the transaction. GET Group North America will be in booths 512 & 513 at the AAMVA Annual International Conference taking place August 31-September 2, 2021, in Denver, CO. Scytáles will be in neighboring booths 510 and 511. Representatives from the Utah Driver License Division will be able to share their experience piloting mDL technology. Scytáles will have a delegation from Europe to discuss the significance of global interoperability. Schedule a demo at the show here; or for media inquiries contact rita.murphy@svmpr.com. About GET Group North America GET Group North America and its partners develop, manufacture, and implement end-to-end solutions for secure physical and mobile credentials that enable government agencies, motor vehicle departments, municipalities law enforcement organizations, and other entities to leverage the latest in secure identity management technologies. From photo ID cards, driver’s licenses and passports, to mDLs and mIDs, GET Group NA delivers advanced issuance, verification and personalization capabilities that prevent identification fraud, accommodate diversified customer needs, and support the future of ID use cases. Contact Details SVM Public Relations Rita Murphy +1 401-490-9700 Rita.murphy@svmpr.com Company Website https://getgroupna.com/

August 18, 2021 11:00 AM Eastern Daylight Time

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GET Group North America Teaming with Scytáles to Demonstrate Global Mobile Driver’s License Interoperability at AAMVA’s AIC 2021