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CSG Joins United Nations Global Compact, Deepens Commitment to Social and Economic Inclusion

CSG

To envision, invent and shape a more future-ready world, CSG ® (NASDAQ: CSGS), a global leader in customer engagement, revenue management and payments solutions, has joined the United Nations Global Compact initiative — a voluntary leadership platform for the development, implementation and disclosure of responsible business practices. At the heart of the Global Compact is a conviction that business practices help the global marketplace be more socially and economically inclusive, and thus advance collective goals of international cooperation, peace and development. Guided by the Ten Principles of the UN Global Compact, CSG is focused on three core areas of change: community impact, environmental stewardship and digital inclusion. “As CSG dreams bigger, we not only have an opportunity but the responsibility to create even greater impact in the world,” said Brian Shepherd, CEO, CSG. “With guidance from the UN Global Compact, we are taking a principle-based approach to evolve our long-term business processes as we follow a path of purpose. By channeling the power of all, CSG is committed to help improve human rights and sustainability around the world. We can make a difference in the lives of our customers and our people by formally committing to the United Nations’ principles and rising to the challenge of doing the greatest good.” Corporate sustainability starts with a company’s value system and a principles-based approach to doing business. This means operating in ways that meet fundamental responsibilities in the areas of human rights, labor, environment and anti-corruption. Responsible businesses enact the same values and principles wherever they have a presence and know that good practices in one area do not offset harm in another. By incorporating the Ten Principles of the UN Global Compact into strategies, policies and procedures, and establishing a culture of integrity, companies, like CSG, are not only upholding their basic responsibilities to people and the planet, but also setting the stage for long-term success. “By aligning to the United Nations’ Sustainable Development Goals (SDGs), we have the ability to drive even greater economic impact towards a more sustainable and inclusive world,” said Cindy Parsons, executive director of social impact, CSG. “More than just doing business responsibly, CSG has the opportunity to design and innovate our products to help solve societal challenges and bring more balance to the world. We’re proud to come together with community-based organizations across the globe to create greater access and social progress for all.” Launched in 2000, the UN Global Compact is the largest corporate sustainability initiative in the world, with more than 15,000 companies and 4,000 non-business signatories based in over 160 countries. Visit CSG’s profile on the UN Global Compact website to learn more about our latest sustainability work. # # # About the United Nations Global Compact As a special initiative of the UN Secretary-General, the United Nations Global Compact is a call to companies everywhere to align their operations and strategies with Ten Principles in the areas of human rights, labour, environment and anti-corruption. Our ambition is to accelerate and scale the global collective impact of business by upholding the Ten Principles and delivering the Sustainable Development Goals through accountable companies and ecosystems that enable change. With more than 14,000 companies and 3,000 non-business signatories based in over 160 countries, and 69 Local Networks, the UN Global Compact is the world’s largest corporate sustainability initiative — one Global Compact uniting business for a better world. For more information, follow @globalcompact on social media and visit our website at unglobalcompact.org. About CSG CSG is a leader in innovative customer engagement, revenue management and payments solutions that make ordinary customer experiences extraordinary. Our cloud-first architecture and customer-obsessed mindset help companies around the world launch new digital services, expand into new markets, and create dynamic experiences that capture new customers and build brand loyalty. For 40 years, CSG’s technologies and people have helped some of the world’s most recognizable brands solve their toughest business challenges and evolve to meet the demands of today’s digital economy with future-ready solutions that drive exceptional customer experiences. With 5,000 employees in over 20 countries, CSG is the trusted technology provider for leading global brands in telecommunications, retail, financial services, and healthcare. Our solutions deliver real world outcomes to more than 900 customers in over 120 countries. To learn more, visit us at csgi.com and connect with us on LinkedIn and Twitter. Copyright © 2022 CSG Systems International, Inc. and/or its affiliates (“CSG”). All rights reserved. CSG® is a registered trademark of CSG Systems International, Inc. All third-party trademarks, service marks, and/or product names which are referenced in this document are the property of their respective owners, and all rights therein are reserved. Contacts: Tammy Hovey Global Public Relations +1 (917) 520-2751 tammy.hovey@csgi.com John Rea Investor Relations +1 (210) 687-4409 john.rea@csgi.com Contact Details Tammy Hovey +1 917-520-2751 tammy.hovey@csgi.com Company Website https://www.csgi.com

April 13, 2022 06:30 AM Mountain Daylight Time

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Performance Management SaaS Platform Mesh secures $11m funding round

Mesh

Employee performance management startup Mesh, today announced a $11m series A funding round led by RTP Global. The HR tech company co-founded by Gaurav Chaubey, Saurabh Nangia and Rahul Singh in 2020 is in full scale mode with revenues increasing 16-fold in just 2 years. Mesh, a performance management platform that makes it easy for employees to manage goals, share feedback, and run one-on-ones. Companies globally are forced to administer traditional performance reviews that rely heavily on top-down feedback. Mesh replaces this unhelpful archaic process by enabling transparency around goals, continuous feedback, and coaching conversations. “Traditional performance management tools were built for an era where companies were slow moving pyramids. Today, if you continue to drive only top-down performance reviews, your top talent will leave and as a business you’re likely to get disrupted very soon! Mesh helps modern companies scale a culture of real time performance and growth conversations across peers, managers and teams. Our vision is to enable 30 million people to achieve their full potential at work by 2030” remarked Gaurav Chaubey, Co-founder and CRO, Mesh. Recent studies* have shown that performance management is by far the most despised people process in companies (with an net promoter score of -60). A 2021 study revealed transforming and reinventing performance management as one of the 10 most impactful practices. However, a staggering 83% of companies admit they don’t use advanced people analytics from processes such as continuous performance management and employee experience effectively. Interestingly, those companies that leverage advanced people analytics are: more than 4 times likely to engage and retain employees than those who don’t, almost 8 times more likely to innovate effectively and more than 2 times likely to exceed financial targets. “When it’s done well, a continuous performance management approach motivates employees to not only accomplish their goals, but also to develop better relationships with their managers, grow and develop within the company, and excel at work that is most meaningful to them” commented Saurabh Nangia, Co-founder and CEO, Mesh. “In short, it can support a more human experience and we are here to enable this”. This funding round comes less than a year after its $5.1m seed round, taking the total funds raised to $16.1m. The new capital raised will primarily enable Mesh to focus on building a global team for further expansion in the US and APAC markets. Mesh is already working with a range of unicorn startups including Pipefy, Drip Capital, Groww, CRED and others. Madhur Makkar, RTP Global said, “Last year, we backed Mesh based on the strength and the vision of the team. Since then, the team has executed really well to not only onboard stellar customers but also delight users. Leading this round was a no-brainer for us and we are thrilled for this continued partnership as Mesh builds a distinctive brand around the future of work.” Mesh is a remote-first company that is committed to being that model organization, which its product helps its customers build. The US headquartered HRTech startup has grown to a team of almost 50 employees spread across four countries. In addition to benefits and offerings like equity ownership, unlimited and no questions asked time offs, learning allowances etc., all decisions and actions at Mesh are driven by their core values, L.O.V.E. - act with Love, nurture Openness, drive Velocity and think Exponential. Equipped with a multi-layered tech stack, the company has gained prominence across industries in Southeast Asia and the US, with upcoming plans to further expand in APAC and the US. Saurabh Nangia added: “We are delighted with the consistent support and appreciation we have received from our investors and early customers. Last year we solved for the key unmet needs of our customers. This year we’re excited to double down on enhancing user love and expanding further in global markets. We're building a truly multi-generational company that will continue to reimagine how people perform and grow in the ever-changing future of work.” Ends * Deloitte High-Impact Performance Management research study, 2018 * Josh Bersin Company About Mesh Mesh is an all-encompassing platform for performance management and employee engagement needs, making it easy for employees to actively collaborate with their employer in managing goals, receiving timely feedback, and advancing their careers. It was founded in May 2020 by Gaurav Chaubey, Rahul Singh, and Saurabh Nangia, with an extensive experience in human capital advisory and entrepreneurship. Currently, Mesh is used by 1,000+ teams across five continents, with clients including ShareChat, CRED, Groww, and Pipefy. Contact Details Mesh Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.mesh.ai/

April 13, 2022 08:00 AM Eastern Daylight Time

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Roland-Garros and OPPO proudly announce their extended premium partnership for 2022 and 2023 tournaments

OPPO

PARIS, FRANCE - Media OutReach - 13 April 2022 - “The FFT is delighted to renew this agreement with OPPO, a loyal partner with whom we share a desire for innovation. This collaboration with an international brand reinforces our strategy to increase Roland-Garros’s influence worldwide,” announced Gilles Moretton, President of the FFT. This collaboration between the Parisian Grand Slam and OPPO is centred around innovation and technology. Roland-Garros and OPPO share the same values and aim to constantly reinvent themselves in order to offer an optimal user experience. OPPO recently launched a new brand proposition, “Inspiration Ahead”, which affirms this ambition and ties in with the Roland-Garros tournament’s new signature, “Move the lines, with style”. OPPO as Roland-Garros' premium partner “Inspiration Ahead means showing confidence and poise when we are moving forward. It encourages us to remain resolved and graceful as brave the storm and break the stagnation. Participating sports events is fantastic for OPPO to convey the mutually inspirational spirit and communicate OPPO’s technology innovation experience with our global users,” announced William Liu, OPPO's President of Global Marketing. OPPO as the 4th consecutive year premium partner hopes to bring tennis inspiration with its unique imaging technology to witness, capture and participate in these precious spirits on the court. Also, inspiring tennis fans to always be confident and become better ones while facing obstacles and adversities. Within the framework of the 2022 tournament (from 16th May to 5th June), OPPO, who benefit from extensive visibility on the stadium’s show courts, will roll out the “RG x OPPO Photo Gallery”, a digital exhibition of photos taken exclusively with OPPO‘s newest flagship device: Find X5 Pro, thus unlocking its immense potential of unique imaging capabilities. These photos will also be displayed during the Roland-Garros tournament, in order to allow the spectators in the stadium to admire them. This year once again, OPPO will collaborate with the “Shot of the Day”, a video of every day’s best shot or rally, which will be posted on the tournament’s various digital platforms. About Roland Garros In the eyes of sports fans, and indeed the general public, Roland Garros is an unmissable event. The 2021 tournament was broadcast in 222 countries worldwide, confirming the tournament's status as a first-class international sporting event. Organised by the French Tennis Federation, Roland Garros is the only Grand Slam tournament to be played on clay, one of the oldest and most noble surfaces in the history of tennis. About OPPO OPPO is a leading global smart device brand. Since the launch of its first mobile phone - “Smiley Face” - in 2008, OPPO has been in relentless pursuit of the perfect synergy of aesthetic satisfaction and innovative technology. Today, OPPO provides a wide range of smart devices spearheaded by the Find X and Reno series. Beyond devices, OPPO also provides its users with ColorOS operating system and internet services such as OPPO Cloud and OPPO+. OPPO has footprints in more than 50 countries and regions, with more than 40,000 employees dedicated to creating a better life for customers around the world. Contact Details OPPO Media Contact press@oppo.com

April 13, 2022 07:00 AM Eastern Daylight Time

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EdgeSwap Lists Token on Huobi Global, Gate.io, and MEXC

EdgeSwap

EdgeSwap, an Ethereum-based layer 2 trading protocol using ZK Rollup technology, announced that users will now be able to trade EGS tokens on Huobi Global, Gate.io, and MEXC. With an opening price of $0.015 Tether (USDT), EGS skyrocketed to $0.37 USDT with the price change breaking 2366.67%. 20x Jump The announcement follows the news that EdgeSwap has greatly improved its system stability, security, and user experience. The listing of EGS tokens points to confidence in the EdgeSwap team’s capability to deliver better service to users and contribute to the long-term value to the blockchain industry. Huobi Global joins Gate.io, and MEXC amongst the exchanges already offering EGS tokens for trade. In addition, Huobi Global will be launching EGS/USDT swaps on April 13, 2022. With a market capitalization of US$7.4 million at the time of writing, the EGS token is currently trading at around 20x its opening price, reflecting the market’s confidence in Ethereum-based layer 2 trading protocols. According to data released by Huobi, approximately 51,059 users participated in the EGS token launch, with the top 3,000 eligible to purchase the 3,3333 EGS tokens available. This translates to a 5.87% success rate. Meanwhile, 25,000 users participated in the Gate.io sale event, where orders totaled 80,564 640 USDT. Future Roadmap Developed with the aim to counter the congestion, slower transaction times, and higher costs on the Ethereum network, EdgeSwap has developed layer 2 payment & AMM system, top-level layer1 and layer2 interactive systems, decentralized farming on layer 2, and other distinct components and capabilities to bring high scalability, performance, and higher security to users and developers in the Ethereum ecosystem. The ultimate goal of EdgeSwap lies in offering users the best swap, transfer, and digital mining services, so as to improve capital utilization and earn higher yields. The EdgeSwap team will focus on enhancing system scalability, lowering cost to users, and improving security. Moving forward, the EdgeSwap team will explore opportunities to collaborate with other institutions in order to improve services to users and drive industry progress. About EdgeSwap Developed by Edge Labs, EdgeSwap is an Ethereum-based layer 2 trading protocol that adopts the ZK Rollup technology. With the industry's top-grade hardware acceleration solution and circuit optimization system, EdgeSwap provides the market with high-performance, cost-effective swapping and farming services. At the same time, it protects users' assets and privacy through the highest level of security among layer 2 scaling solutions. Contact EdgeSwap: Customer Service email: support@edgeswap.io Official website: https://www.edgeswap.io/ Twitter: @EdgeSwap Medium: https://medium.com/@EdgeSwap Telegram: https://t.me/Edgeswap Discord: http://discord.gg/3crw8TUddJ Contact Details ZhengKe +86 139 2280 3249 media@global-hgroup.com

April 13, 2022 06:16 AM Eastern Daylight Time

Telos, Crypto’s Fastest DeFi Ecosystem Continues To Scale

Telos Foundation

Telos is thrilled to announce that it is implementing the DIA price oracle in support of its ambitious tEVM powered DeFi strategy. Crypto price oracles are fundamental to DeFi projects and DIA (Decentralized Information Asset) is an excellent cross-chain, end-to-end, data and oracle platform for Web 3.0 / DeFi. The tEVM is the fastest, highest capacity, most inexpensive, energy efficient, credibly neutral, and decentralized EVM to date. The addition of a quality cross-chain price oracle is a fundamental addition to Telos’ rapidly growing DeFi ecosystem. “Partnering with DIA allows Telos to fulfil its potential in supporting DeFi projects like Omnidex, Zappy, Bardi and others. We are working on a meaningful liquidity support program and offer the Ignite grant program for DeFi start-ups. Come and build your DeFi projects on Telos.” AJ Dinger, Telos Head of Business Development Blockchain oracles provide chains with a bridge connecting data from on-chain and off-chain platforms. Oracles are specifically necessary in providing DeFi applications with information from the outside world in an exact and reliable manner. These data streams, include data like cryptocurrency price feeds or lending rate feeds and they directly / indirectly play a significant role in expanding the full potential of smart contracts. An oracle provides a tool to query, retrieve, verify, and provide a blockchain with necessary off-chain-data. To be technically specific, it is a behind the scenes communication tool vs a source of information. Prior to oracles being widely available, blockchain ledgers were not able to communicate to the outside world and this ceiling not only made for a poor user experience, but it also limited the overall adoption. Oracle price feeds report live on-chain cryptocurrency price changes. Crypto assets cannot be accurately cross-chain traded without price Oracles. In DeFi, it’s common that a smart contract receives input from price Oracles, which then trigger actions in respect of lending or staking contracts. DIA’s data is directly sourced from a broad array of on-chain and off-chain sources at individual trading levels. This allows DIA feeds to be fully customized with regards to the mix of sources and methodologies, resulting in tailor-made, high resilience feeds, setting a new paradigm for oracles. “We are thrilled to enter the Telos ecosystem by integrating our open-source and transparent data and oracle infrastructure with Telos’ new EVM layer 1 blockchain. Developers will be able to natively access DIA’s broad set of data feeds for 6k+ crypto assets and 20k+ traditional assets via highly customizable and transparent oracles. We are overly excited to start collaborating with Telos native dApps to help them build the best products in an exact and reliable manner” Paul Claudius, DIA’s Head of Business Development Transparency and customizability are essential pillars for DIA. Developers can build unique price feed oracles with DIA, customizing the specific computational methodologies used as well as the data sources that make up a feed. This approach is designed to adapt to any custom needs a project might have, but also to provide users with the maximum transparency of how their data feeds are constructed, while being able to serve any asset price feed. About Telos Live since 2018, Telos Blockchain (ticker: Tlos) is a third-generation smart contract platform that offers compatibility with Solidity, Vyper and Native C++ smart contracts. Telos provides full EVM/Solidity support with fixed low-cost gas fees and no front running. Uniquely, Telos also offers a path to fee-less transactions via its robust native C++ smart contract support. Utilizing less than 0.000002 kWh per transaction, the chain can sustainably support hundreds of millions of transactions per day, produce blocks in 0.5 second intervals on a first-in-first-out basis (eliminating front running on the network) and securely validate transactions via a credibly neutral and globally decentralized block producer network. The Telos Blockchain has the throughput needed to facilitate and scale the thriving Metaverse / Web 3.0 better than any other blockchain. Its performance is unrivaled in the industry and was purpose-built to offer speed, scalability, cost-effectiveness, credible decentralization, and end-user fairness. Telos harnesses its power by utilizing tight C++ on the frontend and a custom WASM runtime environment on the backend. About The Foundation The Telos Foundation is a Decentralized Autonomous Organization established as a promotional and funding body to advance the Telos Blockchain Network and provide support to network applications. Contact Details The Team hello@telosfoundation.io Company Website https://www.telos.net/

April 12, 2022 03:00 PM Eastern Daylight Time

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Metabolic fitness platform Ultrahuman acquires consumer-focused wearable company LazyCo

Ultrahuman

Ultrahuman, the world’s most advanced metabolic fitness platform, has today announced the acquisition of consumer-focused wearable company LazyCo famed for creating the Aina ring wearable. LazyCo will integrate with Ultrahuman’s global in-house hardware development team as they seek opportunities to enhance the user experience and help improve global metabolic health standards. Ultrahuman will leverage the LazyCo team’s expertise to generate deeper metabolic insights and better overall health insights for consumers. The metabolic health crisis is unarguably one of the largest healthcare crises that exist today. Over a billion people in the world suffer from a metabolic health disorder which contributes to almost 85% of all chronic diseases in the world. By helping people understand how food and exercise affect 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. Measuring a powerful 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 gut microbiome diversity, stress levels, time of the day, food ingredient quality, etc. With this acquisition, the idea would be to expand the set of real-time biomarkers that could provide unique health insights upon correlation. LazyCo was founded by engineers turned product designers, Apoorv Shankar and Yogansh Namdeo in 2017. The company focused on building hardware products that made daily life easier. One of the notable products included the Aina Ring - an AI-powered smart ring designed to predict and automate daily tasks without the need to take the phone out of the pocket. Digital tasks such as booking cabs, controlling smart home devices, activating SOS alerts, and taking phone calls, were 7x faster and easier through the ring. LazyCo completed a successful Kickstarter campaign in 2019 and won several design and startup awards from the likes of Alibaba and Qualcomm. “Ultrahuman’s vision of making health more personalized and impactful for people syncs with LazyCo’s vision of building products that solve problems for people in the most effortless ways. Together, we can create a deeper impact on the overall health of the world,” said Apoorv Shankar, Co-Founder and CEO, LazyCo. Ultrahuman launched with a wearable (the “Ultrahuman M1”) - a metabolic health tracking platform that provides intelligent nudges based on glucose biomarkers. This helps people optimize their exercise, sleep and nutrition based on deep insights from the platform. The M1 tracks the wearer’s metabolism as they go about their day. It triggers timely nudges to the user such as alerts to a high blood glucose event and suggestions to take a walk for optimizing their glucose levels. “We want to make it easy to get healthy. At Ultrahuman, we’re deep believers in passive personalized health, specifically in a health platform that requires very minimal effort from a user’s perspective. This perfectly aligns with the philosophy of LazyCo.” said Mohit Kumar, Founder and CEO, Ultrahuman. Ultrahuman was started by Mohit Kumar and Vatsal Singhal who were also co-founders at Runnr which later merged with India’s largest food delivery service Zomato. Mohit is an avid cyclist, biohacker and Brazilian Jiu-Jitsu enthusiast. Vatsal is a cross-fit enthusiast and a biohacker. Mohit was training at one of the largest MMA Camps in the world (Tiger Muay Thai in Thailand). There, he observed athletes train smartly via the 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 personalized and impactful. Ultrahuman is a venture-backed startup that has raised $25m to date. Their investors include 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, and a range of marquee founders and angel investors including Tiger Global’s Scott Schleifer. About Ultrahuman Ultrahuman is the world's most advanced metabolic fitness platform. By using glucose and other biomarkers, Ultrahuman is helping people improve their energy levels, lose fat and avoid metabolic disorders. For more information and updates on Ultrahuman, please visit ultrahuman.com or follow us on Facebook, Instagram, Twitter, LinkedIn, and YouTube. Contact Details Ultrahuman Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://ultrahuman.com/

April 12, 2022 09:00 AM Eastern Daylight Time

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Coginiti Raises $4M, Opens Registration to ‘Unite 2022: The Collaborative Intelligence Summit’ and Relocates from Silicon Valley to Atlanta

Coginiti

Coginiti, the leading collaborative intelligence company, today announced it raised $4M in funding led by Circadian Ventures. The funds will be used to extend the company’s momentum with tools that enable analytics teams to discover, create and share insights. “The data analytics market is rapidly adopting collaboration strategies,” said Rick Hall, Coginiti CEO. “We raised $4M to double down on the collaboration opportunity. Coginiti already sits on top of a dozen of the world’s leading SQL analytics platforms; we are delivering a collaborative application for teams, enabling analysts to leapfrog significant research and analysis work, while also capitalizing on their colleagues’ analytics work and insights.” “The data market is booming,” said Mike Dowdle, Circadian Ventures founding partner. “While the data collection market is maturing, tools that allow companies to organize, collaborate and better use data is still an emerging market with massive growth ahead. ” Coginiti has more than 400 customers, many from the Fortune 500. For example, Change Healthcare, Magellan Health, Suncorp, and Eli Lily use Coginiti’s analytics solutions to unlock the intelligence of their organizations. Additionally, on Wednesday, April 13, Coginiti will host Unite 2022: The Collaboration Intelligence Summit, a two day conference for SQL analysts, engineers and executives at The Ritz Carlton Hotel in Atlanta. Speakers include some of the biggest names in SQL analytics: Bill Baker, Microsoft Distinguished Engineer and a founder of the BI and analytics industry; Wayne Eckerson, SQL industry analyst and author of The Secrets of Analytical Leaders; Nick Marr, Clear Box Retail founder and CTO; and A panel of leading customers including Change Healthcare, IQVIA and Kylera “The analytics world is moving toward collaboration and this is the first conference to focus exclusively on this change,” said Hall. “We’re experiencing a growing awareness and interest in collaborative technologies among our customers - and are wholly committed to leading in the space. Coginiti is also relocating our headquarters from Silicon Valley to Atlanta. The quality of talented workers, volume of Fortune 500 companies, and lower cost of living – accompanied by the overall growth and vibrance of the tech community – positions Atlanta as an attractive innovation hub, which we are thrilled to join.” About Coginiti: Atlanta-based Coginiti provides the world’s only integrated analytics management tools that empower data engineers, analysts and teams of analysts to generate consistent, high-quality insights in less time. The firm believes that the future of intelligence is collaborative. Coginiti’s practices and applications enable modern analytics teams to discover, create, share and reuse their most productive analytic assets. Find more information at www.coginiti.co About Circadian Ventures: Circadian Ventures is a venture capital firm investing in early-stage tech and tech-enabled businesses. Circadian Ventures actively partners with exceptional entrepreneurs to build enduring businesses. Based in Atlanta, the firm has investments in various sectors across the United States. www.circadian.vc Contact Details Owen Media Forrest Carman +1 206-859-3118 forrestc@owenmedia.com Company Website https://www.coginiti.co/

April 12, 2022 09:00 AM Eastern Daylight Time

Last9 comes out of stealth with $13m funding to help software systems scale reliably

Last9

Last9 Inc today announced US$11 million in Series-A funding by Sequoia Capital India with participation from co-investor Better Capital and angel investors. This investment is in addition to the US$2 million raised by Last9 from Sequoia Capital India’s Surge and Better Capital in April 2020. Last9 is a software reliability platform that helps engineering and DevOps teams measure, track, and improve software reliability. Today's software world is incredibly complex and fast-paced, Partly owing to the growing popularity of microservices architecture and massive cloud adoption. Software products run on various infrastructure components and managed services across cloud providers and on-premise servers. The pace of innovation is one of the few competitive advantages in an uber-competitive digital world (“5 releases per day, every day has become a badge of honor for developers). Even a small change or an abnormal event can quickly cascade to a system-wide outage in such a scenario. And given the complexity, finding out what happened fast enough, not drastically to affect the business—is an enormous challenge. DevOps & SRE teams need the ability to answer these questions as fast as possible. What went wrong? Did we change anything? How do we prevent it? Unfortunately, solving these questions feels like assembling an Ikea ladder every time. Imagine combing through millions of logs and endless charts to understand what went wrong. All this while your customers are under impact. “Last9 has helped Yieldstreet identify, track, and understand the most important metrics impacting our investors with data our microservices services were already generating. We can resolve issues faster and reduce our team’s alert fatigue,” said Azret Deljanin, VP of Infrastructure and Security, Yieldstreet, a leading alternative investments platform for US retail investors. Founded in California in early 2020, Last9 is building the Google Maps & Search equivalent for microservices. A quick plug-in of the system metrics allows Last9 to build a “Knowledge Graph” of microservices - take an aerial view of their software architecture or zoom in to see the most minute, metric level data. “Having been software reliability engineers (SREs) for over a decade, this platform is born out of our struggles. What firefighters are to civil engineering, DevOps, and site reliability engineers (SREs) are to software engineering. The world of microservices needs to have sprinklers and smoke detectors! Last9 provides engineering teams with the control room and levers to manage their microservice environments and significantly reducing alert fatigue and MTTD.” said Nishant Modak, Founder and CEO of Last9. Last9 is currently working with large-scale customers across US and Asia to build best-in-class software that works seamlessly. For example, they have been the platform of choice at the largest streaming platform for the Indian Premier League - a cricket tournament seeing 5Mn+ requests per second and 30Mn+ concurrent viewers. Last9 intends to solve this problem for everyone. Instead of building out multiple integrations for every system out there, Last9 is integrating with existing open telemetry standards to make all systems compatible with each other. "The value proposition of Last9 is simple and very powerful. The cloud has led to an explosion of infrastructure data. This has made an engineer’s job of understanding dependencies to pinpoint a root cause that much harder. Last9's secret sauce of building a map of the company’s architecture allowing companies to do this quickly has seen strong reception from marquee customers. Nishant and Piyush are amongst the strongest SREs in our region and we are excited to double down on our partnership with them and the Last9 team." said Harshjit Sethi, Managing Director, Sequoia India. Nishant Modak and Piyush Verma started Last9. They have worked together for several years, building and running a large-scale next-generation cloud-based credit risk solution that generated 700 million credit scores for various lenders worldwide. They both have deep roots in the open-source community, having spent several years organizing Distributed Systems Conferences and SRE meetups. Kuldeep Dhankar, recently joined them as CRO and a co-founder. They are all repeat founders, having done several startups, including Oogway, which they built, scaled, and successfully exited post-acquisition by Trusting Social. They have also been early engineers at DataScale, which DataStax acquired. About Last9 inc. Founded in 2020 and headquartered in California, Last9 is a reliability platform that helps engineering and DevOps teams to gain visibility into their systems, monitor performance, and reliably ship Software. Several large organizations across the US and Asia use Last9. For further information, visit: https://last9.io/ About Sequoia Capital India Sequoia helps daring founders build legendary companies, from ideas to IPO. Sequoia India operates in Southeast Asia and India and actively partners with founders from a wide range of companies, across categories, including BYJUs, Carousell, Druva, Gojek, OYO Rooms, Tokopedia, Truecaller, Zilingo, Zomato, and more. We spur founders to push the boundaries of what’s possible. In partnering with Sequoia, startups benefit from 50 years of tribal knowledge and lessons learned working with companies like Airbnb, Alibaba, Apple, Dropbox, Google, LinkedIn, and Stripe. From the beginning, universities, endowments, and other non-profits have been the backbone of our investor base, which means founders’ accomplishments make a meaningful difference. For more information on Sequoia’s work in India and SE Asia, visit https://india.sequoiacap.com/. Contact Details Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://last9.io/

April 12, 2022 06:00 AM Pacific Daylight Time

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MOTORSPORT SPORTS BETTING STARTUP GRIDRIVAL NAMES XPOINT AS OFFICIAL GEOLOCATION PARTNER

Xpoint Technology

Xpoint, the leading geolocation and compliance technology company specializing in U.S. sports betting and iGaming markets, has been confirmed by motorsport sports betting startup GridRival as official geolocation partner. GridRival is the only multi-series sports betting and fantasy gaming brand catering to the global motorsport market. Featuring games based on the world’s most popular motorsport series, including Formula 1 and MotoGP, GridRival is fast establishing itself as the number one destination for motorsport aficionados wanting to join a growing community of fellow fans, looking to deepen their engagement with their favorite sport. When GridRival launches its Daily Fantasy Sports (DFS) product in summer, 2022, Xpoint’s geolocation technology will be embedded within GridRival’s iOS and Android apps. This will ensure that GridRival will provide its customers with a regulated, secure digital environment, while adhering strictly to all state and federal regulations in the USA. “GridRival is an exciting, unique sports betting and fantasy gaming brand, catering exclusively to motorsport fans, an audience whose numbers are growing significantly every day,” commented Marvin Sanderson, CEO and Co-Founder of Xpoint. “We’re proud to be part of the GridRival team, helping them achieve the ambitious targets they have set for the business as they continue to expand in 2022, in particular with the launch of their DFS product later this year.” Ross Fruin, GridRival CEO and Co-Founder, added, “We’re delighted to have Xpoint on board. Marvin and his team are excited about working with us, their approach to our business demonstrated their core belief in working with us, not just for us, and we know we’re in the best possible hands with their technology and their team.” Xpoint, founded in 2019, brings innovative, partner-focused solutions to the established geo-compliance marketplace, facilitating safe and compliant betting and gaming for its partners, as well as providing enhanced marketing benefits for its partners that can be used across multiple business functions. For more details, please go to xpoint.tech and follow Xpoint on social media via LinkedIn. ABOUT XPOINT Xpoint provides essential geolocation security solutions and intelligent marketing insights to the global sports betting and iGaming industries. The innovative platform ensures partners meet their regulatory geo-compliance obligations, and delivers enhanced value to its partners through the generation of data that can drive marketing programs. Founded in 2019, with U.S. offices in Miami, Florida, and led by the company's CEO and Co-Founder Marvin Sanderson - a global sports betting and iGaming industry leader - Xpoint is changing the global geolocation market, bringing innovation to an industry that has, to date, viewed geo-compliance as utility, not a new business opportunity. For more information, visit xpoint.tech and follow LinkedIn and Twitter for regular updates. Contact Details Xpoint Tom Webb +1 512-952-9369 tom@redknotcomms.com Company Website https://xpoint.tech/

April 12, 2022 08:00 AM Eastern Daylight Time

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