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Xip Secures $5 Million in Seed Funding and Announces $1 Million Creator Fund

Xip

Xip announced today it has secured $5 million in seed funding and launched a $1 million Creator Fund to support knowledge creators who produce educational, tutorial, or coaching content. As the first platform to bring the personalized video format popularized by Cameo to the online learning space, Xip connects learners with experts they know and love, who offer them personalized feedback through asynchronous videos. Jomayra Herrera from top education VC Reach Capital led the funding round with participation from LinkedIn Executive Chairman and Founding Partner of Next Play Ventures Jeff Weiner; Chief Operating Officer of MasterClass and angel investor Mark Williamson; Benjamin Grubbs from Next 10 Ventures; and Bertelsmann Digital Media Investments (BDMI), among other compelling venture capitalists, startup founders, and operators. “We are thrilled to partner with the Xip team. We know the best type of learning is personalized, actionable, and in the moment,” said Jomayra Herrera from Reach Capital. “Xip enables exactly that by rethinking how consumers can learn from creators. It’s a moment of delight for learners and a great way to generate sustainable income for creators.” Xip connects users with popular knowledge creators on YouTube, TikTok, Twitch, and Instagram, who frequently receive direct messages from fans asking for one-on-one help. Current Xip creators include notable coaches, professional athletes, musicians, and photographers. “For decades, one-on-one help has been shown to produce significantly better learning outcomes than one-size-fits-all instruction. Yet most of the advancement in the online learning space is of the one-size-fits-all variety,” said Xip Co-founder & CEO Chris Taylor. “Widespread access to high-quality content is great, but the options for personalized help are still lacking. Xip makes one-on-one instruction easily accessible to improve the way we all learn.” On average, creators earn four times higher hourly rates compared to synchronous Zoom lessons. Xip users find the platform incredibly helpful and give it five-star reviews 97% of the time. The Xip Creator Fund is designed to help creators kickstart their success as online instructors. Participating creators receive income guarantees, marketing support, equipment, waived setup fees, and additional resources to start earning meaningful income from helping their fans. “Starting an online coaching or instruction business is resource-intensive, and we want to help by investing in our creators,” Taylor said. “If you’re a creator who has dreamed of starting an online education business, we’re here to help you bring that dream to life.” In addition to the Creator Fund, Xip will use its seed round to invest in the team and product. Xip Co-founder & CTO Eddie Siegel said, "I'm looking forward to using this funding to grow our exceptional engineering team. We have a very exciting future ahead of us as we continue to invest in building the world-class tools that creators need to bring 1-1 learning to the masses!" For more information, visit www.xip.co. About Xip Xip delivers a personalized learning experience that changes the way people learn online. As the first platform to bring the customized video format popularized by Cameo to the online learning space, Xip connects learners with experts they know and trust, who offer them personalized feedback through asynchronous videos. Xip is devoted to true learning and improvement and enables tutorial creators to earn meaningful income by providing their fans with one-on-one help that scales. Visit Xip.co to learn more. Contact Details Trust Relations Alisha Dickinson +1 858-652-0061 xip@trustrelations.agency

June 15, 2022 01:27 PM Eastern Daylight Time

Logitix Expands Performing Arts Division to Help Theaters and Arts Events Optimize Ticket Sales

Logitix

Logitix, the leader in live event ticketing technology and analytics, announced they are expanding their performing arts division to help theaters optimize pricing, distribution, and inventory management of tickets. As part of their growth in performing arts, Logitix named longtime industry executive Jack Rubin as their strategic advisor. As the Co-Founder and former CEO of Tessitura Network, Rubin is one of the preeminent leaders in enterprise CRM, ticketing, marketing, fundraising, and analytics for theaters, arts centers, operas, festivals, dance companies, and orchestras. “Jack is an absolute icon in our industry and will be an essential part of our continued growth in the performing arts,” said Logitix President Greg Nortman. “As the most trusted solution for optimizing ticket sales, we look forward to helping even more live events within the performing arts industry.” Logitix optimizes ticket sale outcomes for all of its partners through proprietary dynamic pricing and ticket sales distribution through multiple channels. Its unique platform analyzes millions of real-time data points, providing up-to-the-minute insights within the live event marketplace. “I recognize that Logitix has the technology, data, and analytics expertise tied to sales distribution channels that can produce considerable revenue for the performing arts sector,” said Rubin “What they bring are new sales channels for these organizations. They are clearly building something special in the world of ticketing and I’m thrilled to be part of the journey.” Rubin was Co-Founder and CEO of Tessitura Network from the company's inception in 2001 until he stepped down during a long-planned transition in 2021. He guided the company from an initial two-person organization with two license holders, to over 725 organizations in ten countries using Tessitura. Rubin’s prior experience includes the position of Chief Financial and Strategic Officer of Hotels.com, where he assisted in a successful IPO for the company in 2000. Jack has an M.B.A. from the Wharton Graduate School and a B.B.A from the University of Texas. About Logitix Logitix is the preeminent monetization engine and ticketing platform for the live event industry, combining optimized pricing, distribution, and inventory management with real-time insights to help sellers and buyers respond to a rapidly changing market environment. The Logitix vision is to automate the entire ticket life cycle and provide data-driven insights to serve the diverse needs of its clients. The company is backed by ZMC and is privately held. For more information about Logitix, visit Logitix.com or find them on LinkedIn. Contact Details Eric Nemeth nemeth@ericpr.com Company Website https://logitix.com/

June 15, 2022 08:57 AM Eastern Daylight Time

David Teten at the 2022 Leading Entrepreneurs of the World Conference

1BusinessWorld

Serial entrepreneur and venture capitalist David Teten gave a keynote presentation on the opening day of the 2022 Leading Entrepreneurs of the World Conference on how to identify the next great entrepreneurial opportunity and market white space. Are you thinking of starting a business? The cost of starting a business has trending down to the cost of being unemployed, which means dramatically more startups, and therefore more competition for your startup idea. How do you identify a startup idea which addresses a market others are not serving? Serial entrepreneur and VC David Teten discusses how to: - Figure out which business you should start, and which you should kill fast - Identify and learn from potential customers at zero or minimal cost - Learn from the parallel experiments that your competitors are running - Run experiments on new business ideas for free or minimum cost David Teten is the Founder and Managing Partner of Versatile Venture Capital, a venture capital firm that invests in early-stage, capital-efficient companies. David is also the Founder of the Harvard Business School Alumni Angels of Greater New York - now the largest angel group on the East Coast, and has been an advisor to many institutional investors and private equity firms throughout his path. All news and content distribution in partnership with News Direct. About Versatile Venture Capital Versatile Venture Capital invests in early-stage, capital-efficient companies. Our team has a history of investing in diverse and underrepresented founders. Versatile is an aggressive user of technology internally to manage the firm and make better investments. We have particular interest in fintech and salestech. Versatile VC has the flexibility to invest using an “ alternative VC ” structure which gives founders flexibility to build their business on whatever path makes sense: become profitable quickly and grow organically, or fuel growth with traditional equity VC. Versatile VC About Leading Entrepreneurs of the World As part of 1BusinessWorld, Leading Entrepreneurs of the World is one of the largest and most comprehensive entrepreneurial platforms and events in the world and features entrepreneurs, founders and business leaders presenting on cutting-edge topics and the latest industry developments. Leading Entrepreneurs of the World About 1BusinessWorld 1BusinessWorld is a global business ecosystem, network and marketplace that provides entrepreneurs, business owners and professionals with the information, tools, resources and connectivity needed to succeed throughout their company’s growth journey, toward a better business world. Our vision is based on the reality that we live, work and do business in one global interconnected business environment, and hence our motto: “One World, One Business World”. Our mission is to encourage and support global communication and collaboration among entrepreneurs, professionals, and businesses. 1BusinessWorld Contact Details 1BusinessWorld Media Enquiries +1 212-220-6677 info@1businessworld.com Company Website https://1businessworld.com

June 13, 2022 03:33 PM Eastern Daylight Time

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Celebrate National Candy Month in June

YourUpdateTV

Kick off summer with National Candy Month in June! This month-long celebration occurs each June to celebrate Americans’ favorite confectionery treats, their contributions to emotional well-being and the good times they bring to summer occasions. Recently, Lauren Boland and Carly Schildhaus from the National Confectioners Association participated in a nationwide satellite media tour to discuss Americans’ favorite candies and the connection between candy and emotional well-being. A video accompanying this announcement is available at: https://youtu.be/01lDotBhb2U Confectionery enjoys a special place in American life all year round, but as Americans embark on road trips, beach vacations and other summer adventures, chocolate and candy will play an even more important role in their celebrations. In fact, 71% of Americans say their summer holiday celebrations will involve these fun treats, according to a National Confectioners Association survey. Some more findings from the survey: 83% of people headed on a road trip this summer will enjoy chocolate and candy. 63% of beachgoers in the U.S. will bring candy with them. 76% of Americans who plan to go camping will bring candy. The survey also reveals that when in the mood for something sweet, Americans prefer chocolate, gummy candy and taffy for summer adventures, with watermelon, cherry and strawberry as their favorite summer candy flavors. As National Candy Month begins, the confectionery industry continues to provide chocolate and candy treats in a variety of sizes, types and formats for all types of consumers to enjoy, whether they’re having a piece of chocolate, sharing something sweet with a friend or celebrating a special moment or occasion. Regardless of how they consume their favorite treats, the average American enjoys chocolate and candy 2-3 times per week, averaging 40 calories per day and just one teaspoon of added sugar per day. For more information on National Candy Month, visit NationalCandyMonth.com. About the National Confectioners Association (NCA): The National Confectioners Association is the leading trade organization for the U.S. confectionery industry, which generates more than $37 billion in retail sales each year. Making chocolate, candy, gum and mints, the industry employs nearly 58,000 workers in more than 1,600 manufacturing facilities across all 50 states. NCA advocates for an environment that enables candy makers to thrive and work to ensure that chocolate and candy are celebrated for their contributions to culture, society, the economy and everyday moments of joy. Learn more at CandyUSA.com or follow NCA on Facebook, Twitter and Instagram. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

June 13, 2022 12:00 PM Eastern Daylight Time

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Velocity Global and Oracle Join Forces to Enhance the Future of Work

Velocity Global

Partnership delivers ideal global workforce management solutions Velocity Global now part of Oracle PartnerNetwork (OPN) Provides shared and new clients global Employer of Record (EoR) solution Velocity Global, a leading provider of global talent solutions, announced today that it will be partnering with Oracle to enhance the future of work for companies around the world. Oracle’s unparalleled approach to supporting international workforces combined with Velocity Global’s work platform gives clients and prospects the resources needed to succeed with increased efficiency. “This is the beginning of an exciting, robust relationship with Oracle that will lead to enormous efficiencies for our existing and future shared clients. Oracle’s long-standing reputation in technology along with their client-focused approach to revolutionize the future of work mirrors our own, and we’re thrilled to blaze this trail together,“ said Annie Thompson, Vice President of Strategic Partnerships at Velocity Global. “Velocity Global’s impact on the future of work as a leading Employer of Record redefines how global businesses hire and operate, and Oracle is proud to forge this collaboration in an effort to take our shared vision to uncharted heights,” said Dan Haller, Group Vice President, NAA Alliances, Strategic Partnerships, and Resale, Oracle. Through Oracle PartnerNetwork (OPN), both companies will offer and pair their respective solutions to streamline the client experience. The Global Work Platform TM delivers Velocity Global’s capabilities as the largest global EoR, with solutions in over 185 countries and all 50 United States, to manage supported talent and provide compliance, payroll, and benefits regardless of state or international borders. Additional information on how existing and potential clients can access these new solutions can be found on Velocity Global’s page on Oracle PartnerNetwork. Trademarks Oracle, Java, and MySQL are registered trademarks of Oracle Corporation. ### About Velocity Global Velocity Global accelerates the future of work for anyone, anywhere, anyhow. Its Global Work Platform™ simplifies the employer and talent experience through its proprietary cloud-based talent management technology, backed by personalized expertise and unmatched global scale. The platform offers a full suite of talent solutions, including global Employer of Record and Contractor Management, to help companies onboard, manage, and pay talent in more than 185 countries and all 50 United States. Thousands of brands rely on Velocity Global to build international teams without the cost or complexity of setting up foreign legal entities or state registrations. Velocity Global was named a “Leader” in Global Employer of Record services by prominent analyst firm NelsonHall. Founded in 2014, the company has hundreds of employees across six continents. For more information, visit velocityglobal.com. About Oracle PartnerNetwork Oracle PartnerNetwork (OPN) is Oracle’s partner program designed to enable partners to accelerate the transition to cloud and drive superior customer business outcomes. The OPN program allows partners to engage with Oracle through track(s) aligned to how they go to market: Cloud Build for partners that provide products or services built on or integrated with Oracle Cloud; Cloud Sell for partners that resell Oracle Cloud technology; Cloud Service for partners that implement, deploy and manage Oracle Cloud Services; and License & Hardware for partners that build, service or sell Oracle software licenses or hardware products. Customers can expedite their business objectives with OPN partners who have achieved Expertise in a product family or cloud service. To learn more visit: http://www.oracle.com/partnernetwork. Contact Details Velocity Global Janessa Rivera +1 720-650-4348 news@velocityglobal.com Company Website https://velocityglobal.com/

June 13, 2022 07:01 AM Mountain Daylight Time

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CleverTap Completes Acquisition of Leanplum

CleverTap

CleverTap, world’s No.1 retention cloud, today announced it has completed its acquisition of San Francisco based Leanplum, a leading multi-channel customer engagement platform. The acquisition, originally announced on 19th May, was closed in a record time of 3 weeks. With this acquisition, CleverTap has strengthened its footprint in the US and Europe. CleverTap will combine the product stack of both organizations and extend its world-class solutions and technology to all its customers and prospects worldwide. Momchil Kyurkchiev, Co-Founder of Leanplum, has joined CleverTap’s leadership team as Chief Strategy Officer. With the completion of the acquisition, CleverTap also welcomes marquee investors Norwest Partners, Shasta Ventures, Canaan, and Kleiner Perkins as its shareholders. The acquisition becomes revenue accretive for CleverTap from June 1st 2022. “We are very excited to welcome Momchil and all Leanplum employees to the CleverTap family and expect full integration of the two companies, including an integrated product in the market to get completed over the next 3-4 quarters,” says Sunil Thomas, CleverTap Co-founder and Executive Chairman. “With this acquisition customers will now have a wide variety of product features and options to choose, from the best of both product line-ups (A/B Testing, Segmentation,Campaigns, Journeys etc.). At the same time, the acquisition provides a much bigger growth, exposure and learning opportunities for employees and collectively we will now become a dominant force with a large global footprint”. “The Martech landscape the world over is evolving at an exponential rate and hyper-personalized digital engagement at scale is the need of the hour. I am sure that together, Leanplum and CleverTap will address this need and continue to drive innovation in this space. CleverTap and Leanplum individually have had a robust presence in terms of geographical reach, industries, and categories. Collectively we will now become a dominant force with a large global footprint,” says Momchil Kyurkchiev, Chief Strategy Officer at CleverTap. “As we expand globally, we are looking to retain as well as grow 100% of the Leanplum customers by bringing all combined capability on one platform in due course. We also plan to increase our headcount in the US and Europe. Together, we aspire to be recognized as a SaaS talent powerhouse built on a strong people-first culture driven by values and equality,” added Sunil. About CleverTap CleverTap is the modern, integrated retention cloud that empowers digital consumer brands to increase customer retention and lifetime value. CleverTap drives contextual individualization with the help of a unified and deep data layer, AI/ML-powered insights and automation enabling brands to offer hyper-personalized and delightful experiences to their customers. 1200+ customers in 60+ countries and 10,000+ apps, including Gojek, ShopX, Canon, Mercedes Benz, Electronics Arts, TED, Jio, Premier League, TD Bank, Carousell, Papa John’s, and Tesco, trust CleverTap to achieve their retention and engagement goals, growing their long-term revenue. Backed by leading venture capital firms, including Sequoia, Tiger Global Management, and Accel, the company is headquartered in Mountain View, California, with offices in Mumbai, Singapore, Sofia, São Paulo, Bogota, Amsterdam, Jakarta and Dubai. For more information, visit clevertap.com or follow on LinkedIn and Twitter. Forward-Looking Statements Some of the statements in this press release may represent CleverTap’s belief in connection with future events and may be forward-looking statements, or statements of future expectations based on currently available information. CleverTap cautions that such statements are naturally subject to risks and uncertainties that could amount in the actual result being absolutely different from the results anticipated by the statements mentioned in the press release. Factors such as the development of general economic conditions affecting our business, future market conditions, our ability to maintain cost advantages, uncertainty with respect to earnings, corporate actions, client concentration, reduced demand, liability or damages in our service contracts, unusual catastrophic loss events, war, political instability, changes in government policies or laws, legal restrictions impacting our business, impact of pandemic, epidemic, any natural calamity and other factors that are naturally beyond our control, changes in the capital markets and other circumstances may cause the actual events or results to be materially different, from those anticipated by such statements. CleverTap does not make any representation or warranty, express or implied, as to the accuracy, completeness or updated or revised status of such statements. Therefore, in no case whatsoever will CleverTap and its affiliate companies be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or any related damages. Contact Details Sony Shetty sony@clevertap.com Company Website https://clevertap.com/

June 13, 2022 06:31 AM Eastern Daylight Time

How Parents Can Help Kids Financially Prepare For Post-Graduation

News Media Group, Inc.

Contact Details News Media Group, Inc. Karl Wayne +1 334-440-6397 karl@newsmg.com Company Website https://newsmg.com/

June 10, 2022 08:00 AM Eastern Daylight Time

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Dan Varroney at the 2022 Leading Entrepreneurs of the World Conference

1BusinessWorld

Author of the groundbreaking new book, Reimagining Industry Growth, and founder of strategic consulting firm Potomac Core, thought leader, speaker, advisor and strategist, Daniel A. Varroney shared a compelling keynote presentation on the opening day of the 2022 Leading Entrepreneurs of the World Conference on Partnership Strategies. In his Leading Entrepreneurs of the World session, Dan Varroney recommended concrete actions that help industries develop Pre-Competitive Solutions which over time lead to accretive growth. He shared a blueprint to harnessing the power of leading industry associations as strategic partners. By utilizing those partnerships, business leaders will become able to leverage the collective strength of the supply chain to overcome challenges, address uncertainty, mitigate risks, and position their industries for growth. In an era of chronic uncertainty, the most successful partnerships embrace a rising tide that lifts all boats strategy. Dan Varroney’s book, Reimagining Industry Growth, is now available for order at major online retailers ( Amazon, Barnes and Noble, Books-A-Million, Indie Bound, and Wiley.) All news and content distribution in partnership with News Direct. About Potomac Core A strategic consultancy that applies research driven strategies to reimagine new growth pathways for Industries and Professions. Founded in 2012 in Arlington, Virginia, we help transform organizations into the important role of real time business solution providers. Potomac Core About Leading Entrepreneurs of the World As part of 1BusinessWorld, Leading Entrepreneurs of the World is one of the largest and most comprehensive entrepreneurial platforms and events in the world and features entrepreneurs, founders and business leaders presenting on cutting-edge topics and the latest industry developments. Leading Entrepreneurs of the World About 1BusinessWorld 1BusinessWorld is a global business ecosystem, network and marketplace that provides entrepreneurs, business owners and professionals with the information, tools, resources and connectivity needed to succeed throughout their company’s growth journey, toward a better business world. Our vision is based on the reality that we live, work and do business in one global interconnected business environment, and hence our motto: “One World, One Business World”. Our mission is to encourage and support global communication and collaboration among entrepreneurs, professionals, and businesses. 1BusinessWorld Contact Details Media Enquiries +1 212-220-6677 info@1businessworld.com Company Website https://1businessworld.com

June 09, 2022 04:25 PM Eastern Daylight Time

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New Survey Shows the Next Generation Embraces Remote Work for College to Career Transition

Velocity Global

Seven out of ten U.S. college-aged adults are likely to consider an entirely remote job One out of four never expect to hold a traditional 9-to-5 office job, and 85% see themselves holding a side gig Nine out of ten express anxiety about entering the workforce A survey released today by Velocity Global, the leading provider of global talent solutions, shows that U.S. college-aged adults embrace remote work in their career transition plans. The College to Career Survey examined 1,000 college-aged respondents’ attitudes on remote work and their work-life balance expectations as they prepare to transition into the workforce. “The next generation wants to work remotely, balance their ‘personal’ and ‘work’ lives, and prioritize flexibility and mental well-being. Companies should take notice: The old way of doing business is over,” said Sarah Fern, chief people officer at Velocity Global. “Put simply, students want the flexibility to work with anyone, anywhere, anytime, and they expect employers to meet them where they are.” Key findings on remote work: 69% of respondents are somewhat or extremely likely to consider a job that is entirely remote 80% of students would consider taking less money for their job if it allowed a remote option The majority (57%) say being remote increases their productivity Nine out of ten respondents report work-life balance as being either the most important factor (53%) or a somewhat important factor (37%) in selecting a career Fewer than 1 in 5 (18%) say they prefer to work from an office five days per week Fewer than half (44%) of respondents plan to have a traditional (Monday-Friday, 9-to-5) in-person job, and 1 out of 4 (23%) never expect to hold a traditional office job Impacts on emotional well-being: The survey also found a large impact on the emotional well-being of respondents as a result of the move to remote work and learning over the last several years. 56% of respondents acknowledged remote work/study negatively impacted their mental health “a lot” (14%) or “somewhat” (42%) 86% reported a high level of stress or anxiety about entering the workforce, including 35% who indicated they are “very” anxious about entering the workforce, and an additional 51% said they are “somewhat” anxious about doing so Participation in the gig economy: An overwhelming majority of students intend to supplement their primary job with a side gig. 85% of respondents said they either definitely (27%) or possibly (58%) expect to have a side gig in addition to their primary job “That number is staggering, and the C-suite needs to harness the possibilities of tomorrow’s workforce who have varied interests, skills, and allegiances,” said Fern. “Talent is telling us how they will succeed, and it includes full-time, part-time, contract, and freelance work - and sometimes a combination of these. It is entirely possible for you to get the best from your talent while they also pursue other interests. It works for both of you.” International results: The survey also gathered input from 500 students and recent graduates in the United Kingdom (U.K.) and 500 in Brazil, with very similar results. 72% in the U.K. said they would consider an entirely remote position, and a staggering 85% in Brazil say the same 84% of respondents in the U.K. and 82% in Brazil said they would be willing to consider a position that paid less money if it offered the flexibility to work from anywhere “These trends with college students and recent graduates in the U.S. are mirrored in other parts of the world, highlighting the accessibility of a global workforce. In the U.K. and Brazil — where Velocity Global clients increasingly seek supported talent — work flexibility is seen as one of the most compelling factors considered when entering the job market,” said Fern. Methodology: This survey was conducted on behalf of Velocity Global by Rep Data. All selected samples were subjected to stringent quality control standards, including technological controls such as automatic geographical IP detection, tracking and deduplication, open-end pre-screening, and re-captchas. Rep Data sourced multiple suppliers to ensure a representative sample, each supplier possessing its own unique recruitment model and incentive structure, which increased sample source diversity and quality. About Velocity Global Velocity Global accelerates the future of work for anyone, anywhere, anyhow. Its Global Work Platform TM simplifies the employer and talent experience through its proprietary cloud-based talent management technology, backed by personalized expertise and unmatched global scale. The platform offers a full suite of talent solutions, including global Employer of Record and Contractor Management, to help companies onboard, manage, and pay talent in more than 185 countries and all 50 United States. Thousands of brands rely on Velocity Global to build international teams without the cost or complexity of setting up foreign legal entities or state registrations. Velocity Global was named a "Leader" in Global Employer of Record Services by prominent analyst firm NelsonHall. Founded in 2014, the company has hundreds of employees across six continents. For more information, visit velocityglobal.com. Contact Details Velocity Global Chris McGrath +1 720-650-4348 news@velocityglobal.com Company Website https://velocityglobal.com/

June 09, 2022 07:00 AM Mountain Daylight Time

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