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#CincoForGood

YourUpdateTV

Preorder Corona and discover new local restaurants to support through its partnership with restaurant recommendation site the Infatuation In select markets, receive specially curated Corona piñata party kits and tacos at no charge from Postmates, in addition to exciting offers throughout the day on May 5 Shop the Corona Cinco merchandise collection Explore tasty taco and drink recipe pairings This Cinco de Mayo, Corona beer - a brand that’s synonymous with the holiday - invites consumers to celebrate by encouraging them to dine in or order food from their favorite local restaurants through an initiative called #CincoForGood. To celebrate the program, Corona beer teamed up with renowned Chefs Rick Martinez and Sohla El-Waylly who have pledged to put down their kitchen utensils and pick up their phones to order takeout in support of the restaurant industry. Together, the duo will participate in an interactive Instagram Live on May 5 at Noon PT where fans can join them for an interactive lunch, celebrate #CincoForGood and provide support for the long-term recovery of the restaurant industry. A video accompanying this announcement is available at: https://youtu.be/EEnMIg4lMlg As part of this effort, Corona is donating an additional $1 million this year to the National Restaurant Association Educational Foundation (NRAEF – the non-profit arm of the National Restaurant Association), which is helping to rebuild the restaurant industry and create opportunities for restaurant workers from all backgrounds. In addition to the #CincoForGood Instagram Live with Rick and Sohla on Cinco de Mayo, revelers of legal drinking age can join the celebration early by following @CoronaUSA on Instagram or visiting CoronaUSA.com where they can: Preorder Corona and discover new local restaurants to support through its partnership with restaurant recommendation site the Infatuation In select markets, receive specially curated Corona piñata party kits and tacos at no charge from Postmates, in addition to exciting offers throughout the day on May 5 Shop the Corona Cinco merchandise collection Explore tasty taco and drink recipe pairings The Corona family of products is available at restaurants, bars, local retailers and via online delivery services nationwide. For more information, visit CoronaUSA.com, and refresh your perspective @CoronaUSA on Instagram and Facebook and @CoronaExtraUSA on Twitter. As always, Corona encourages consumers 21 and older to enjoy its products and relax responsibly. About Rick Martinez: Rick Martinez is a cook, writer and pit master with a deep love of Mexican culture and cuisine. Formerly a Senior Food Editor at Bon Appetit and host of a City Guide video series on Mexico City, Rick spends as much time as possible eating his way around Mexico. Originally from Austin, Texas where he learned the art of smoking briskets, he currently lives in New York dreaming of Tacos. About Sohla El-Waylly: Sohla El-Waylly can currently be seen starring in The HISTORY® Channel’s online series Ancient Recipes with Sohla. In addition, she is currently one of the first-ever Resident Experts for Food52 with Off Script with Sohla - her curated monthly online column and video series and is a contributor to The New York Times Cooking vertical. Recently, Sohla was included in the TIME100 Next list, highlighted as one of the emerging leaders who are shaping our future. She concluded her YouTube special Stump Sohla, which was featured on the Babish Culinary Universe (which holds an audience of 8 million subscribers). Sohla notably rose to prominence from her integral role on the Bon Appetit “Test Kitchen” YouTube channel. She was a strategically-placed expert who appeared to offer informed opinions and suggestions about cooking and baking experiments that were on the verge of either going right or wrong. Sohla currently resides in New York with her husband Hisham, their cat Lucifer and two dogs, Clementine and Vito. About the Corona Brand Family: The Corona brand family is home to Corona Extra, Corona Light, Corona Familiar, Corona Premier, Corona Refresca and in 2020, the national launch of Corona Hard Seltzer. The entire Corona portfolio is brewed in Mexico by Constellation Brands and imported and marketed exclusively to the U.S. by the company. Corona Extra, the flagship brand of the Corona brand family, is a pilsner-style lager with a golden hue that was first brewed in Mexico in 1925. The refreshing flavor and carefree attitude of Corona Extra have been helping Americans find their beach since 1981. About YourUpdateTV: YourUpdateTV i s a social media video portal for organizations to share their content. It includes separate channels for Health and Wellness, Lifestyle, Media and Entertainment, Money and Finance, Social Responsibility, Sports and Technology. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

May 04, 2021 01:00 PM Eastern Daylight Time

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U.S. Travelers Opting for Remote Staycations

YourUpdateTV

Given the US Centers for Disease Control and Prevention’s latest guidance for fully vaccinated Americans, Airbnb guests are increasingly planning their summer travel, opting for off-the-beaten path locations. Recently, Director of International Communications at Airbnb, Cassidy Blackwell, teamed with YourUpdateTV on a satellite media tour to discuss some of the top summer travel trends. A video accompanying this announcement is available at: https://youtu.be/EGA0NQhgG_Q Searches for more remote destinations in the US over Memorial Day Weekend have increased by nearly 40 percent just in the past month – also indicating a potential economic boom for prospective Hosts in these locales. From open air destinations to off-the-grid unique stays, guests are looking for a truly bespoke experience outdoors. Remote stays in the US between 50-300 miles make up nearly 70% of searches for Memorial Day Weekend. Guests are starting to feel more comfortable with venturing further from home, as stays between 1,000-3,000 miles away are making up the second largest share of searches for Memorial Day Weekend trips. But with this anticipated pent-up demand, for those thinking about taking a trip this summer, guests should consider booking their trip early. Searches for summer travel among U.S. seniors (age 60+) increased more than 60% between February and March 2021. At the beginning of March, one of the fastest growing cohort of bookers is aged 60 and above, particularly in the United States and the United Kingdom, where vaccine dissemination has been efficient. Rural Hosts make up a quarter of Airbnb Hosts in the US, and on average the typical rural Host has earned about $8,500 in total since the start of the pandemic, over $2,000 more than the average from 2019. New Hosts with only one listing who have welcomed their first guests since the start of the pandemic have already earned more than $1 billion globally. For more information on finding a place to stay, booking an Online Experience, or becoming a host yourself, visit Airbnb.com/host About Cassidy Blackwell: Cassidy Blackwell is the Director of International Communications at Airbnb. In her role she is responsible for leading the teams across EMEA, APAC, LATAM and China to drive initiatives that help to advance business objectives, policy priorities and brand reputation. In her tenure as a marketing and communications professional, Cassidy has experience in working in both tech, CPG, retail and philanthropy, with specialized experience in empowering women, people of color and other underserved communities around the world. Cassidy has been named one of Fast Company's Most Creative People in Business, Brand Innovator's 40 Under 40 and a finalist for the Sage Group's Marketers Who Matter. About YourUpdateTV: YourUpdateTV is a social media video portal for organizations to share their content. It includes separate channels for Health and Wellness, Lifestyle, Media and Entertainment, Money and Finance, Social Responsibility, Sports and Technology. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

May 04, 2021 01:00 PM Eastern Daylight Time

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Chia Launches its Green Digital Currency (XCH)

Chia Network

Highlights Eco-friendly chia (as “ XCH ”) commences its first transaction today with widespread digital exchange adoption expected in May Over the past 14 days, Chia Network has routinely been the largest and most decentralized blockchain by full node count - usually exceeding 100,000 full nodes Chia Network reinvents “mining” with energy efficient at-home “farming ” for everyone Chia + Chialisp are designed for secure “smart coin” transactions Chia Network Inc. (“Chia"), a new energy efficient decentralized blockchain created by Bram Cohen (the inventor of BitTorrent), today launches its revolutionary digital currency, chia. The green digital currency, chia (as “XCH”), is expected to gain widespread digital exchange listing, and rapid worldwide adoption in the financial, corporate, commercial, and governmental sectors. Founded in 2017 in the U.S. with a global workforce, Chia Network’s protocol seeks to become an alternative to traditional financial networks. It strives to provide a secure, energy-efficient network for modern finance and payments. Chia is green money XCH is Chia Network's native digital currency. Chia is created as a reward to chia “ farmers ” (the analogue to Bitcoin’s or Ethereum’s “miners”). The protocol uses an improved and simplified implementation of Bitcoin’s unspent transaction output (UTXO) model. These simplifications actually increase the flexibility and programmability of coins. Chia farming rewards 2 XCH per block for the first three years as the incentive mechanism that supports its new Nakamoto consensus. “The first chia transaction is an exciting milestone which furthers our long term mission to provide environmentally sustainable financial freedom. I am incredibly proud of our team and our reinvention of Bitcoin’s approach to the ‘everything is a coin’ model. We will continue to enhance the features of Chia and Chialisp in the areas of coloured coins, digital identity wallets, and NFT (non fungible token) support. This is just the beginning of our journey to become the core of a new financial architecture," shared Bram Cohen. Chia + Chialisp = secure “smart coin” transactions Chialisp is Chia Network’s smart coin language based on the functional language Lisp. Everything on the chia blockchain is a coin. Smart coins deliver smart contract and smart transaction capabilities in one package. Chilalisp has been designed for security and simplicity, while allowing for powerful and broad functionality. Applications running on Chia Network’s blockchain are intended to have functionality appropriate for banking, payments, asset issuance, global exchange, and other financial applications. Key feature sets of Chialisp include: Coloured coins Digital identity wallets Rate limited wallets Authorised payee wallets Multi-signature wallets Recoverable wallets Atomic swaps Chia Network’s blockchain will enable users to build and customize sophisticated custody and clearing arrangements. Chialisp will allow chia controls to match and exceed internal accounting controls and to safeguard funds from accidental loss, theft, or hacking with various risk tolerance levels in an easy to audit manner. Chia's Proof of Space & Time uses vastly less energy than Proof of Work In comparison with other blockchains, Chia greatly reduces energy consumption and environmental contamination while improving upon Nakamoto consensus. Chia’s blockchain replaces “Proof of Work”, which is the consensus protocol used by Bitcoin and Ethereum, with the first of its kind "Proof of Space and Time" consensus protocol that eliminates the unfairness, energy inefficiency, and centralization of Proof of Work. Instead of using power hungry specialized computing resources, Chia relies on storage space coupled with the added variable of time (via a “verifiable delay function”, or “VDF”) to ensure the integrity and security of the blockchain. A chia farmer will expend some CPU cycles to create "plots" on hard drives, but will then utilize the energy-efficient resource of drive space over the following years to participate in the consensus mechanism that verifies new blocks on the Chia blockchain. How to farm chia ("XCH") The goal of farming (verifying and ensuring the integrity of transactions on the Chia blockchain) is to utilize unused disk space to help validate financial transactions. Farming in the Chia network is a very lightweight process that leaves your computer free to do other things. To learn more about Chia’s blockchain, chia farming and the chia farming reward schedule, please watch the Company’s March 19th mainnet launch video and read Chia’s Business Whitepaper. For tips on how to plot and farm, please visit chiadecentral.com and review Chia plotting basics posted by Gene Hoffman, President of Chia Network. To get started, visit Chia Network GitHub to install the Company’s blockchain software. Chia offers broad OS support as well as a GUI for simple and easy wallet/farm management. The Company is committed to providing resources to enable simple and straightforward plotting and farming. About Chia Network Chia Network Inc. was founded by Bram Cohen, the inventor of BitTorrent. Chia Network is a state-of-the-art open-source decentralized blockchain, digital currency, and smart transaction platform. Using the first new secure Nakamoto consensus algorithm invented since Bitcoin, Chia aims to operate an eco-friendly, more secure and user-friendly payment system for cross border payments, issuing financial assets, lending, escrow payments, institutional custody, and distributed identity. Chia’s “Proof of Space and Time” based blockchain reduces waste in “Proof of Work” based blockchains. Built to run Chialisp, the company’s newly developed smart coin language, Chia’s blockchain allows its users to build and execute secure "smart coin" transactions. Chia believes that “digital money” should be easier to use than cash, harder to lose, and nearly impossible to steal. The Company is funded by leading venture capitalists including Slow Ventures, a16z, Naval Ravikant, Galaxy Digital, Greylock, True Ventures, MetaStable, Stillmark, DCM, and others. The Company’s Advisors include Dr. Dan Boneh, Research Partner at a16z and Applied Cryptography Professor at Stanford University; and Dr. Krzysztof Pietrzak, Cryptography Professor of IST Austria; and Ms. Katie Haun, General Partner at Andreessen Horowitz. Investor Relations Contact: Gretchen Lium. For more information, chia.net and connect with us on Twitter ( @chia_project ), Facebook, GitHub, Reddit, and LinkedIn. Contact Details Chia Network Inc. Gretchen Lium +1 303-638-9185 gretchen@chia.net Company Website https://www.chia.net/

May 03, 2021 07:00 AM Eastern Daylight Time

Seen #TeacherTok? Osmo For Schools Gifts 4 Lucky Teachers $500 Gift Cards For TikTok Videos, For National Teacher Appreciation Week

Osmo for Schools

Osmo for Schools, a division of Tangible Play, Inc., focuses on building in-classroom usage of Osmo’s award-winning educational systems. Using proprietary AI technology, these systems help teachers foster collaboration, communication, creativity, critical thinking, and increased engagement in learning, in students. Osmo is used in more than 30,000 schools in North America. Tangible Play is headquartered in Palo Alto, California. For more information about Osmo for Schools and its products, visit schools.playosmo.com. Osmo for Schools, the educational division of Tangible Play, Inc. and part of the award-winning consumer STEAM brand Osmo, announces it has selected 4 lucky teachers on TikTok to each receive a $500 gift card, for their creative and inspiring videos, in honor of National Teacher Appreciation Week (May 1-7, 2021). “Throughout this past year, we were thrilled to see so many teachers who used their creativity to the max to get kids to learn during this challenging time, and we loved the heartwarming videos they posted on social media, to tell the world what they did and how,” says Jan Richards, head of education sales and marketing at Osmo for Schools, which promotes in-classroom usage of Osmo’s tools and recently received the 2021 EdTech Award for Curriculum and Instruction Solution. “We laughed a lot when the videos were funny, admired their dedication, and got inspired by so many. Osmo for Schools selected 4 teachers who present themselves as heroes going the extra mile during the pandemic.” The 4 winning teachers are: Tristan Campbell @trissssss10 Clamentia Hall, Jr. @mrclementineteach Mandy Curley @mandycurley1 Claudine James @iamthatenglishteacher Says kindergarten teacher Clamentia Hall, Jr., “Osmo has taken educational technology and teacher appreciation to an unprecedented level! It has been an absolute pleasure to share a bit of humor and joy with educators who could use a little morale boost. Osmo has affirmed that educators everywhere deserve an incredible amount of appreciation for the hard work they do.” On July 1, 2021, Osmo for Schools, in partnership with Osmo Cares, the charitable arm of Osmo, will begin accepting applications for its first-ever mini-grant consisting of $2000 worth of Osmo for Schools’ educational technology. A total of 20 in-kind, mini-grants will be awarded to U.S. public schools in time for the fall semester. The mini-grant is intended to help schools which lack needed funding to purchase educational technology. Mini-grant recipients, who will be announced Aug. 9, 2021, will be able to choose from a selection of Osmo for Schools products; only one recipient will be selected per school. Schools must already have appropriate tablets on hand, or a plan to purchase tablets--they are not included. For further details about the mini-grant and application process, visit here: schools.playosmo.com/grants. About Osmo for Schools Osmo for Schools, a division of Tangible Play, Inc., focuses on building in-classroom usage of Osmo’s award-winning educational systems. Using proprietary AI technology, these systems help teachers foster collaboration, communication, creativity, critical thinking, and increased engagement in learning, in students. Osmo is used in more than 30,000 schools in North America. Tangible Play is headquartered in Palo Alto, California. For more information about Osmo for Schools and its products, visit schools.playosmo.com. Contact Details Carolyn Kamii PR +1 310-251-0550 carolynkpr@gmail.com Company Website http://schools.playosmo.com

May 03, 2021 04:00 AM Pacific Daylight Time

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Comcast Launches Additional 44 WiFi-Connected “Lift Zones” in Twin Cities

Comcast Twin Cities

As part of its ongoing commitment to help connect low-income families to the Internet so they can fully participate in educational opportunities and the digital economy, Comcast today announced it has equipped 44 additional locations in the Twin Cities with WiFi-connected “Lift Zones” bringing the total to 74. Working with its network of nonprofit partners, Comcast is providing robust WiFi hotspots in safe spaces designed to help students get online, participate in distance learning and do their homework. This initiative provides free connectivity inside partner community centers for the next three years. “We are so pleased to be the recipients of Comcast’s Lift Zone Wi-Fi connectivity in our recreation centers and other park facilities,” said Minneapolis Park and Recreation Board Superintendent Al Bangoura. “As we move toward re-opening more recreation centers for safe in-person programming, we are looking forward to providing programs that support youth in doing their schoolwork, facilitate work readiness training, and invite families in to access virtual activities and information.” “We are proud to partner with community organizations across the Twin Cities and equip them with free internet service that will provide kids with safe, fast and reliable connectivity to keep up with school and prepare for a brighter future,” said J.D. Keller, regional senior vice president, Comcast Twin Cities. “The COVID-19 crisis continues to put many low-income students at risk of being left behind, accelerating the need for comprehensive digital equity and internet adoption programs to support them. We hope these Lift Zones will help those students who, for a variety of reasons, are unable to connect to effective distance learning at home.” Some of the new Twin Cities community organizations that have established Lift Zones in their respective facilities include 40 Minneapolis Parks & Rec locations and Face to Face in St. Paul. A full list of new Comcast Lift Zones can be found here. In March, Comcast announced a $1 billion commitment over ten years in continued support of digital equity, including its Lift Zones initiative, which aims to establish WiFi-connected safe spaces in 1,000+ community centers nationwide for students and adults by the end of 2021. Lift Zones complement Comcast’s Internet Essentials program, which has helped connect a cumulative total of 10 million low-income people to the Internet at home since 2011, including more than 272,000 Minnesotans. About Comcast Corporation Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company that connects people to moments that matter. We are principally focused on broadband, aggregation, and streaming with over 56 million customer relationships across the United States and Europe. We deliver broadband, wireless, and video through our Xfinity, Comcast Business, and Sky brands; create, distribute, and stream leading entertainment, sports, and news through Universal Filmed Entertainment Group, Universal Studio Group, Sky Studios, the NBC and Telemundo broadcast networks, multiple cable networks, Peacock, NBCUniversal News Group, NBC Sports, Sky News, and Sky Sports; and provide memorable experiences at Universal Parks and Resorts in the United States and Asia. Visit www.comcastcorporation.com for more information. Contact Details Comcast Jill Hornbacher +1 651-425-1695 Jill_Hornbacher@comcast.com Comcast Dave Nyberg +16513416401 Dave_Nyberg@comcast.com Company Website https://twincities.comcast.com/

April 29, 2021 10:00 AM Central Daylight Time

Velocity Global names veteran global leader Sarah Fern as Chief People Officer

Velocity Global

Velocity Global, the leading provider of global employment solutions, welcomed veteran human resources leader Sarah Fern as its new Chief People Officer. Fern leads the people strategy for Velocity Global’s growing remote-first team of 300 in 16 countries that is expected to double over the next 18 months. Fern applies two decades of experience including leading global remote teams for international brands and high-growth companies. She is responsible for employee engagement and satisfaction, as well as recruiting and career development. Based in London, Fern joins the executive team and reports directly to founder and CEO, Ben Wright. “Sarah oversees the most important asset of our company - our people - and our most important strategy - our culture,” said Wright. “She brings perspective as a previous client and now as leader of our growing team. She steers our global employee experience as we deploy our first capital infusion and integrate the iWorkGlobal team.” Velocity Global announced a $100 million growth investment from FFL Partners and its acquisition of iWorkGlobal earlier this month. The combined company creates the largest Employer of Record (EoR) in 185 countries and all 50 United States. Brands rely on Velocity Global’s expertise and global infrastructure to employ a compliant global workforce without the cost or complexity of setting up their own foreign legal entities or state registrations. As the Employer of Record, Velocity Global manages our clients’ workforce by providing in-country and in-state compliance, payroll, and benefits for the supported employees. Fern joins Velocity Global from the Talent Management software technology space. Most recently she served as Human Resources Director for Saba Software (now part of Cornerstone OnDemand) through several major acquisitions, business integrations, and transformations into a public company. Fern was a client of Velocity Global as Saba Software expanded into Mexico. “I experienced firsthand the ‘People First’ approach from Velocity Global and am privileged to lead the employee experience for this incredible group of professionals,” said Fern. “As businesses leverage global remote workforces like never before, Velocity Global leads by example and delivers an exceptional customer and supported employee experience.” In addition to EoR services, the company offers Independent Contractor Compliance to assess a workforce and Agent of Record (AoR) to streamline payments to contractors globally. Its platform combines these elements with a personalized customer experience, best-in-breed technology, and increased scale for companies to grow their remote workforce. Prior to Saba Software, Fern held roles with Honeywell and Mattel. Her biography is available on Velocity Global’s Leadership page. ABOUT VELOCITY GLOBAL Velocity Global accelerates the future of work beyond borders. Its platform enables businesses to employ remote teams and expand internationally through global expertise, best-in-breed technology, and scale. More than 700 brands rely on its Employer of Record model and infrastructure, also called an International PEO (Professional Employer Organization), in 185 countries and all 50 United States to compliantly employ thousands of supported employees, access global talent, and grow revenue. Named a “Leader” in Global Employer of Record services by prominent analyst firm NelsonHall, Velocity Global is a strategic partner to its clients through additional comprehensive services including Immigration, Independent Contractor Compliance to assess a workforce, and Agent of Record (AoR) to streamline payments to contractors globally. Founded in 2014, the company is headquartered in Denver, Colorado, with regional headquarters in Amsterdam, Bogotá, and Singapore, with local employees in 16 countries. Contact Details Velocity Global John Hall +1 303-204-6131 johnhall@velocityglobal.com Company Website https://velocityglobal.com/

April 29, 2021 07:02 AM Mountain Daylight Time

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Velocity Global achieves ISO 27001 international data security certification

Velocity Global

Velocity Global, the leading provider of global employment solutions, announced today it achieved ISO 27001:2013 certification, the international standard for information security management. The ISO 27001 standard, published by the International Organization for Standardization, specifies the requirements to establish, implement, maintain, and continually improve an information security management system (ISMS). Brands rely on Velocity Global’s expertise and global infrastructure to hire a compliant global workforce without the cost or complexity of setting up their own foreign legal entities or state registrations. As the Employer of Record (EoR), Velocity Global manages in-country and in-state compliance, payroll, and benefits for its clients’ supported employees. “Compliance is a cornerstone of our business and our industry, and this third-party certification demonstrates our commitment to uphold the highest international security standards,” said Dave Martelon, Velocity Global chief technology officer. “Hundreds of brands trust us with their data, and more importantly, that of their global remote workforce. We foster a culture of security to earn the trust of our clients, and this milestone is a testament to the dedication of our team.” Clients that use EoR services rely on Velocity Global to remain compliant with global employment regulations, including protecting sensitive data for their supported employees. Non-compliance is costly and disruptive to their business. The ISO 27001 certification validates Velocity Global’s data security process according to the standard that also emphasizes continuous improvement, aiding the company’s ability to stay ahead of evolving global legislation. Velocity Global announced its ISO 27001 certification just weeks after it announced a $100 million growth investment from private equity firm FFL Partners, and its acquisition of iWorkGlobal, an established authority in global workforce management. The combined company is the largest global Employer of Record at scale, in 185 countries and all 50 United States. Velocity Global also offers Independent Contractor Compliance to assess a workforce and Agent of Record (AoR) to streamline payments to contractors globally. The company achieved its certification from Schellman & Company, LLC, a leading independent provider of attestation and compliance services. Velocity Global's certification is publicly available for verification at Schellman’s certification directory. ABOUT VELOCITY GLOBAL Velocity Global accelerates the future of work beyond borders. Its platform enables businesses to employ remote teams and expand internationally through global expertise, best-in-breed technology, and scale. More than 700 brands rely on its Employer of Record model and infrastructure, also called an International PEO (Professional Employer Organization), in 185 countries and all 50 United States to compliantly employ thousands of supported employees, access global talent, and grow revenue. Named a “Leader” in Global Employer of Record services by prominent analyst firm NelsonHall, Velocity Global is a strategic partner to its clients through additional comprehensive services including Immigration, Independent Contractor Compliance to assess a workforce, and Agent of Record (AoR) to streamline payments to contractors globally. Founded in 2014, the company is headquartered in Denver, Colorado, with regional headquarters in Amsterdam, Bogotá, and Singapore, with local employees in 16 countries. Contact Details John Hall +1 720-650-4348 johnhall@velocityglobal.com Company Website https://velocityglobal.com/

April 27, 2021 07:02 AM Mountain Daylight Time

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YoReSpot - A NEW Social Media Platform Available for both Apple and Android Smart Phones

YoReSpot

The world of social media has opened up yet again with another app and website. YoReSpot is a new app designed around two concepts – unity and community. Unlike many social media services, YoReSpot is against censorship, negativity, and a closed mind. Even those with conflicting views have the opportunity to come, have a voice, and use it without fear of repercussion. Founder Brandon Irlbeck grew weary of watching opposing views to social media moguls and giants censored. Irlbeck’s background in computer science, a drive to be better than the others, a strong sense of family, and 100 percent unbiased towards anyone’s views, personal identifications, religion, or much anything else. The only things absolutely censored are anything inappropriate for children. Irlbeck is a father of four, one of whom is non-verbal autistic. YoReSpot is 100 percent independent and is hosted on a secure and private server. This means there is no 3rd party interference with the app, website, or users. The system also allows for video calling, live streaming, blogs, groups, pages, a marketplace, and videos. There is no charge to sign up, and doing so only takes a few seconds. Irlbeck summed it up best, “giving back to our members is something that YoReSpot is proud of. We want to make sure that our members know we are all about how we can help each other as a community.” Many would see this as empty words from a new social media platform trying to gain traction against established giants. Irlbeck has so far proven to many this is not the case and will continue to do so as YoReSpot continues to grow and thrive. Recently, as part of the app’s official launch, Irlbeck held a raffle for his family car. The proceeds went to help the Bayard Public Library in Irlbeck’s hometown. Colton Truitt of Ankeny, Iowa, was the winner of the 2006 Chevy Uplander. Amanda Cole of Carroll, Iowa, won the $1,000.00 prize. Irlbeck and his family are soon to set out in their RV. They are planning to travel and assist users of YoReSpot in any way they can. Their goal is to share the platform with as many people as possible and help as many as possible along the way. Their first stop is Marion, Iowa, home of Adrian Hicks. The Irlbeck’s plan on helping Hicks with roofing his home before moving onto the next person and YoReSpotter in need. YoReSpot is available on Android and iOS. Download, or visit https://yorespot.com for details. Contact Details YoReSpot Kelly Bennett +1 949-463-6383 kelly@bennettunlimitedpr.com Company Website https://yorespot.com/

April 27, 2021 05:03 AM Eastern Daylight Time

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Inovo catalyses global investors as it closes new fund on €54m, to scale Polish startups

Inovo

Inovo, the venture capital fund investing in technology startups across Poland and Central & Eastern European region (CEE), has today announced the final close of its second fund, Inovo II, at €54m. A range of global funds, entrepreneurs and family offices joined the European Investment Fund (EIF) as the cornerstone investor. Inovo specialises in identifying disruptive tech startups and supporting their development and growth through participation in early-stage, post-traction seed and Series A funding. Having a diverse range of LPs in the fund will enable portfolio companies to secure global funding as they scale and expand abroad. The new fund has already committed funding to several investment opportunities with leading international investors, including European Bank for Reconstruction and Development (EBRD), Andreessen Horowitz, Hoxton Ventures and Point Nine Capital. Notable investments include: Spacelift, Infermedica, Jutro Medical, AI Clearing, Zowie, Preply, Packhelp, Intiaro, Tidio, Allset and Eyerim. This fundraise follows the success of Inovo I which generated 3.2x return on investments from a portfolio of 15 high-growth tech startups, most of which have since been sold profitably, two have IPO’d, and three top-performing remain in the portfolio. One of the remaining investments is Booksy, the marketplace for beauty services where Inovo invested at the Seed stage. Now the company is one of the world’s top 100 marketplaces with 10 million app downloads and raised $70m in a Series C round (led by CatRock). Booksy is widely considered to become one of the first unicorn startups (those that have a valuation of $1b) from Poland. Tomasz Swieboda, Managing Partner at Inovo commented: “The tech ecosystem in the CEE region is growing at an exceptional pace. In Poland the growth rate is 70% year-on-year. In 2020, almost €500m in venture capital was deployed to 300 companies, which will almost certainly grow this year. It is our expectation that this decade will produce 10 unicorns and a few decacorns from Poland.” With the launch of its second fund, Inovo is aiming to cement its reputation as one of the leading early stage investors in Poland and the CEE region, while helping enterprising startups realize their potential, paving the way for later-stage funding from international VCs. “With 38 million people, Poland is a large market itself. Last year we've seen IPOs of two tech companies valued at over $1bn and focused on the domestic market - Allegro and InPost. Market size is both an advantage and an obstacle, resulting in Polish ecosystem being not very well connected to the West. At Inovo we strive to change that. We are perfectly placed to act as a catalyst to accommodate the new wave of ambitious local founders who want to follow in the footsteps of Booksy, Brainly and Docplanner and target global markets. Through our collaborative approach and international network we can help bridge them to larger investors ” added Tomasz Swieboda. Stefan Batory, Cofounder & CEO at Booksy commented: “The growth of the Polish startup ecosystem will accelerate after seeing success stories, proving that it’s possible to build global businesses out of the CEE region. I am certain that Booksy will serve as one such example, and then many will follow in our footsteps. However, for this to happen, startups need access to VCs like Inovo, which will provide not only capital, but also guidance and international connections for businesses to scale rapidly.” About Inovo Inovo is a venture capital fund investing in rapidly growing tech companies at Seed / Series A across Poland and the Central and Eastern Europe region (CEE). We back early-stage, post-traction startups with up to €3M of initial investment, and help them build global brands, while driving growth of the local startup ecosystem. We take great pride in being close to top founders who think big. We’re investors in: Booksy, Restaumatic, Sotrender, Infermedica, Spacelift, Tidio, AI Clearing, Zowie, Jutro Medical, Intiaro, Packhelp, Preply, Eyerim, Allset. Contact Details Inovo Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://inovo.vc/

April 22, 2021 09:30 AM Eastern Daylight Time

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