News Hub | News Direct

Technology

Artificial Intelligence Big Data Cloud Computing Cyber Security Data Management Electronics Enterprise & Network Technology Financial Technology Hardware Mobile & Wireless Nanotechnology Semiconductor Software Telecommunications
Article thumbnail News Release

Tribevest Adds Over 400 New Investors in Fundraising Round through Wefunder

Tribevest

Tribevest, the leaders in community finance and group investing, announced it raised over $875,000 at a $20 million valuation through a fundraising round that closed this month via Wefunder. Over 400 investors participated in the round after Tribevest’s customers overwhelmingly requested to invest in the company, which allows friends, family, and like-minded people to easily and safely invest as a group. “I’m overwhelmed by the support of our Tribevestors who believe in the power of personal community finance,” said Travis Smith, Founder and CEO of Tribeveset. “As we bring more and more tribes onto our platform, the number one question we receive is, ‘how do we invest in your company and be part of this journey with you?’ We’re built on the concept that you can accomplish more as a team. That is what this round represents.” Tribevest closed a $3 million seed round in January of 2022 through major investor partners, including I2BF Global Ventures, Mucker Capital, Gaingels, Vibe Capital led by Teachable Founder Ankur Nagpal, and Ryan Leslie, the Grammy-nominated recording artist. Tribevest’s platform allows investor groups to form LLCs quickly, create operating documents, establish their FDIC bank accounts, and handle annual compliance. Through Tribevest’s collaborative dashboard, investor tribes can access their records, pool capital, and transact as a single entity. Based in Columbus, Ohio, Tribevest started in 2018 after its founder struggled with the process, roadblocks, and fees required to invest as a group with his brothers. “For founders, pulling off a Community Round is one of the strongest indicators that you’ve built something successful,” said Jonny Price, VP of Fundraising at Wefunder. “It’s the highest validation from the market.” To date, over 15,000 Tribevestors have started their group investing journey through the platform and have deployed over $36 million in capital. Average monthly deposits through Tribevest exceed $3 million and the company is on pace to 5x their revenue in 2022. More than half of the tribes invest in more than one asset class. Real estate investments lead the way, with 53% of tribes investing in multi-family properties, 32% investing in single family rentals including vacation homes, and another 32% in syndications. Tribes invest in small business ventures 45% of the time, while 24% invest in stocks, 22% invest in cryptocurrency, and 7% invest in collectibles. About Tribevest Founded in 2018, Tribevest is a collaborative, group investing platform that enables friends, family, and like-minded people to organize as an investor group, pool money, and manage co-owned investments. Based in Columbus, Ohio, Tribevest was founded by entrepreneur Travis Smith. Tribevest believes that forming and funding small to mid-sized investment groups will allow the general U.S. population to uncover a wealth of viable investment pathways to achieving personal financial freedom. Learn more about Tribevest at Tribevest.com or follow the company on LinkedIn, Twitter, Instagram, and Facebook. Contact Details Eric Nemeth nemeth@ericpr.com Company Website https://www.tribevest.com/

October 24, 2022 09:25 AM Eastern Daylight Time

Article thumbnail News Release

HoneyQuote and The Zebra Partner to Offer More Homeowners Insurance Options in Florida

HoneyQuote

HoneyQuote, a Florida-based digital insurance agency, has entered into a strategic distribution partnership with The Zebra, a leading insurance comparison site based in Austin, Texas. This partnership will provide consumers more options to obtain homeowners insurance in Florida, one of the costliest and most arduous insurance markets. “We’re thrilled to be partnering with The Zebra, a category-defining company in our industry, in transforming how difficult-to-place risks in our home state of Florida are bought and sold,” said Freddy Seikaly, Head of Partnerships at HoneyQuote. Collectively with The Zebra, HoneyQuote will continue to scale rapidly across Florida as they offer the quickest quote-to-bind solution in the state, representing national, insurtech, and regional carriers - many of which they have brought online for the first time. “Florida homeowners face immense challenges to secure appropriate and adequate property insurance for their needs,” said Scott Montgomery, Director of Business Development at The Zebra. “Our partnership with HoneyQuote is an exciting opportunity to expand and help more people seamlessly get the coverage they need from top carriers.” The Zebra launched its homeowners insurance product in December 2019 and has been a resource in advising Florida residents to navigate and understand the rapidly changing homeowners insurance environment. The Zebra is proud to work with the leading national and regional homeowners insurance carriers and offer a variety of coverage options to property owners in Florida. About HoneyQuote HoneyQuote is a digital insurance agency powered by a proprietary search engine allowing clients to compare and purchase insurance coverage in an online marketplace. HoneyQuote’s products include homeowners and flood insurance across 30 of the top insurance carriers. For more information, visit honeyquote.com. About The Zebra The Zebra is the nation’s leading independent insurance comparison site. With its dynamic, real-time quote comparison tool, consumers can identify insurance companies with the coverage, service level, and pricing to suit their unique needs. The Zebra compares multiple insurance companies and provides agent support and educational resources to ensure consumers are equipped to make the most informed decisions about their home and auto insurance. Headquartered in Austin, Texas, The Zebra has sought to bring transparency and simplicity to insurance shopping since 2012 -- it’s “insurance in black and white.” For more information, visit thezebra.com. Contact Details David PR Group John P. David +1 305-724-3903 john@davidpr.com

October 24, 2022 08:00 AM Eastern Daylight Time

Article thumbnail Digital Asset Direct

NASDAQ: AGRI 🌱 Check Out This In-Depth Interview With AgriFORCE's CEO, Ingo Mueller

AgriFORCE Growing Systems

Contact Details TraDigital IR - Malaika Temu malaika@tradigitalir.com Company Website https://agriforcegs.com/

October 21, 2022 01:15 PM Eastern Daylight Time

Video
Article thumbnail Digital Asset Direct

NASDAQ: $SOPA Seeks to Strengthen Their Ecosystem 💪 Interview With Indonesia's GM, Patrick Soetanto

Society Pass Incorporated

Contact Details Dennis Nguyen: Founder, Chairman & CEO +1 877-440-9464 dennis@thesocietypass.com Company Website https://thesocietypass.com

October 21, 2022 12:15 PM Eastern Daylight Time

Video
Article thumbnail News Release

Knowing When To Take Your Foot Off The Gas — Things To Keep In Mind In A Bear Market

Caleb & Brown

This educational guide exploring How To Protect Crypto Assets in a Bear Market was created in conjunction with Caleb & Brown. Caleb & Brown is the world’s leading cryptocurrency brokerage. Learn more here. For many inexperienced investors, the transition between the 2021 bull market and the 2022 bear market may have had dramatic effects on their portfolios. The simple reason is that both equities and cryptocurrencies do not behave the same way in a bull market as they do in a bear market. This seems like such a common sense conclusion that it’s barely worth stating, but, for those who have never experienced both ends of the market spectrum, it’s worth repeating. Investing in a bull market is like swimming with the tide. Guided by the strength of the current, your strokes lead you to your intended destination with ease. Investing in the 2021 bull market was more like swimming in the direction of a tsunami: A purchase of Bitcoin (BTC) Ethereum (ETH) and Solana (CRYPTO: SOL) made on Jan. 1, 2021, resulted in 120%, 227% and 1,350% returns, respectively, by April 15 of the same year. Imagine the psychological conditioning one developed as a new crypto investor in 2021. The values that have been proven to be wealth generators in the market — discipline, patience, risk management and knowledge — were all seemingly tossed out of the window. Abandoning these prudent principles may be covered up in a bull market, but in bear markets, they shine like diamonds in a field of coal. As discussed in a previous post, bear markets may provide the opportunity for bargain-picking certain assets, both traditional and digital, but they must be approached differently to bull markets. Here’s how to stay on the right course. Know Thyself First on the Bear Market Survival Guide is self-reflection. No one can tell you what kind of drop in your portfolio you can handle, or what your relationship to risk is. Investors sit on different ends of the risk-tolerance spectrum, and it’s your obligation to know where you lie. This is particularly important in bear markets, as portfolios decline and paper losses materialize. Knowing your personal risk tolerance helps you avoid catastrophic behavioral impulses like panic selling or, on the other end of the spectrum, aggressive buying. Consider the following examples as reflections of the catastrophic nature of both behaviors: As discussed in a previous article, panic selling an investment in the SPDR S&P 500 ETF (NYSEARCA: SPY) at the end of 2009 would have yielded a 57% loss on an investor’s portfolio (assuming they had made their purchase at 2007’s top). If held until the peak of 2022, this loss would’ve been a 450% gain. Starting at $100,000, panic selling in 2009 would have yielded a portfolio value of $43,000, while holding until 2022 would have yielded a portfolio value of $450,000. Similarly, aggressively buying risky crypto coins like Shiba Inu (CRYPTO: SHIB) in February 2022 would have yielded a nearly 80% drop in value by June. In four months, a $100,000 investment would have dropped to $20,000. Aggressively buying risky investments may have yielded spectacular results in the midst of a bull market, but in a bear market, it could mark the end of your investing career. The first step to preventing that outcome is knowing your risk tolerance. The second is considering that you are in a bear market and that behaviors that worked before may not work now. Let The Professionals Guide You Self-awareness and self-control are keys to success in the investing field, but that doesn’t mean you have to develop these skills on your own. By enlisting help from experienced professionals, traders can shorten the learning curve required to adopt a psychological edge in the market. For Caleb & Brown, providing investors with the tools and knowledge to make sound decisions in bear markets is a fundamental business pursuit. As the world’s leading cryptocurrency brokerage, Caleb & Brown offers personalized broking services to each of its crypto investors, covering all matters of questions and concerns through its communication efforts. With Caleb & Brown, investors can expect open conversations with their brokers whenever and wherever they’re needed. Caleb & Brown has helped over 20,000 investors avoid catastrophic losses and prepare for future bull markets. Click here to learn more about how you could be next. Interested in learning more about the best way to survive a bear market? Check out the previous article in this series here. We help our clients buy, sell, swap, and safely store cryptocurrencies, with a 24/7 personal broker service. Our clients can reach their personal broker on the phone and email at any time. Our clients range from beginners needing assistance to buy their first cryptocurrency, to seasoned investors needing a professional service to make high value, complex trades. We put personalised service, education, and consumer protection at the heart of everything we do. We were founded back in 2016 and we now have over 21,000 clients in more than 100 countries, serviced by 76 staff based in our offices in Melbourne, Sydney and London. This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Chris Nedelkos chris@calebandbrown.com Company Website https://calebandbrown.com/

October 21, 2022 09:00 AM Eastern Daylight Time

Article thumbnail News Release

The Best Way To Survive A Bear Market? Some Say, “Do Nothing”

Caleb & Brown

This educational guide exploring How To Protect Crypto Assets in a Bear Market was created in conjunction with Caleb & Brown. Caleb & Brown is the world’s leading cryptocurrency brokerage. Learn more here. Between 2007 and 2009, the SPDR S&P 500 ETF (NYSEARCA: SPY) declined by 56.8% — the greatest price fall in the exchange-traded fund’s (ETF) history. Few could prepare for the psychological toll of that kind of drop. At the time, many had been informed that index funds and ETFs were safe bets. Undoubtedly, professionals would have informed investors that the S&P 500 had survived two world wars and presidential assassinations, and that the 2008 crash, in due time, would be just another addition to that list. Without help from professionals, it takes substantial willpower and courage to stop emotions from taking over during tough times. However, it is the decisions you make at these pivotal moments that could define the trajectory of your wealth. History tells the story in vivid detail: Since the SPY’s apocalyptic decline between 2007 and 2009, the S&P 500 has increased by more than 450%. In a world which celebrates quick fortunes, it takes a special kind of person to appreciate the value of time as a compounder of wealth. For business magnate Warren Buffett, times of crisis represent buying opportunities. In a 1997 letter to shareholders, Buffett wrote, “Smile when you read a headline that says: ‘Investors lose as market falls.’ Edit it in your mind to, ‘ Dis investors lose as market falls — but investors gain.’” Investors gain by getting bargains and avoiding the panic sell. Here’s how to do the same. Average Wins Versus Losses In Bull And Bear Markets The stock market’s history and the figures surrounding bull and bear markets support the argument that time is a great investing tool. By widening time horizons, traders and investors can avoid panic selling in times of crisis and maintain low-cost positions in anticipation of the next bull market. Here are some figures to support this idea: According to Hartford Funds, stocks lose 36% on average in bear markets and gain 110% on average in bull markets. There have been 26 bear markets – as defined by a drop of over 20% – in the S&P 500 Index since 1928, and 27 bull markets. On average, bull market gains far outweigh bear market losses. The average length of a bear market is 289 days (0.8 years), while the average length of a bull market is 991 days (2.7 years). In 98 years of market history, stocks have been on the rise 78% of the time. The figures above are in line with the idea of an ever-growing economy with occasional drops — corrections or recessions — ultimately fueling future growth. This is reflected in the cryptocurrency market, as well. Holding Bitcoin (BTC) and Ethereum (ETH) over any five-year span has always resulted in financial gain. Avoiding The Panic Sell? In his book “The Psychology of Money,” Morgan Housel says, “A genius who loses control of their emotions can be a financial disaster. The opposite is also true. Ordinary folks with no financial education can be wealthy if they have a handful of behavioral skills that have nothing to do with formal measures of intelligence.” One of the greatest behavioral skills the long-term investor can develop is the ability to do nothing in times of crisis. While seemingly counterintuitive, the figures above, and the greatest value investor of our time, tell us this is sound advice. Acting rationally on this information, however, can be difficult when emotions are tied to investors’ money. Objectivity, patience and calm are key. For Caleb & Brown, the world’s leading cryptocurrency brokerage, providing investors with education and professional guidance is a fundamental business value. Unlike exchanges and other brokerages that just provide a platform to execute trades, Caleb & Brown offers personalized service, and is available 24/7 to help clients better understand and navigate the crypto markets through bearish conditions and bull runs. When emotions start to take control of the wheel, it never hurts to have a professional who’s just a phone call away by your side. Make sure you’ve got the guidance you require to help you avoid the panic sell. Click here to learn more about Caleb & Brown. Interested in learning more about the similarities and differences between crypto winters and bear markets? Check out the previous article in this series here. We help our clients buy, sell, swap, and safely store cryptocurrencies, with a 24/7 personal broker service.Our clients can reach their personal broker on the phone and email at any time.Our clients range from beginners needing assistance to buy their first cryptocurrency, to seasoned investors needing a professional service to make high value, complex trades.We put personalised service, education, and consumer protection at the heart of everything we do.We were founded back in 2016 and we now have over 21,000 clients in more than 100 countries, serviced by 76 staff based in our offices in Melbourne, Sydney and London. This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Chris Nedelkos chris@calebandbrown.com Company Website https://calebandbrown.com/

October 21, 2022 08:55 AM Eastern Daylight Time

Image
Article thumbnail News Release

Is This A Robotics Company With No True Competitors? Meet AvaWatz

AvaWatz Inc.

In many collaborative industries, effective communication, project management and systems for effective teamwork are now considered essential. As the demand for robots increases in various industries, the need for collaborative robots (cobots) is also seemingly rising — basic robots might not be able to effectively complete various tasks for companies that demand collaborative elements without complicated programming to do so. AvaWatz Inc. is a decision intelligence tech firm that supplies for the growing demand for cobots. The company created a product platform called ARYA that enables teams of mobile robotic agents to work together — either independently or alongside human partners — to perform complex multipart tasks. Powerful machine-learning methods combine the capabilities of individual mobile robots into a unified system for collaborative detection, decisioning and action. ARYA is scalable to support a range of indoor and outdoor scenarios. Cobots can be used in a variety of fields to perform tasks that are too difficult, dangerous or tedious for humans alone. Cobot teams are adaptable and might help solve challenging problems for public- and private-sector customers in industries such as the military, aviation, search and rescue, construction, infrastructure and transportation. The U.S. Air Force, Army and Department of Homeland Security are funding AvaWatz research and development to advance the existing technology. As robotic technology increases — as has been seen in recent years with the development of drones, self-driving cars and industrial mobile robots — the need for learning platforms that can assist cobot teams may also increase. An Emerging Field With Unique Opportunity And Growth? AvaWatz is a unique company because wherever there is a need for cobot teams, there is a need for programming to make them work. The company says it doesn’t have any true competitors yet because robotic manufacturers are customers, not competitors. Cobots likely aren’t going away anytime soon. In 2021, the global collaborative robots market size was valued at $1.01 billion and is expected to expand at a compound annual growth rate of 31.5% from 2022 to 2030. More than 500 companies are making products in the robotic industry, and because of the adaptability of AvaWatz technology, they are potential customers. AvaWatz says it has the technology to reach a huge market with virtually no competitors and only potential clients. This is a feat few companies might be able to boast of. Discover what the AvaWatz investment opportunity involves by clicking the offer link: https://www.startengine.com/avawatz AvaWatz is a decision-intelligence company charting a new frontier in “Cobots” - collaborative air and ground robots. Leveraging AI and advanced knowledge network technologies, our cooperative robotic services are programmed to carry out tasks too dangerous, difficult, or time-consuming for humans. Our initial services target airfields, ground transit, and surveillance missions across private, government, and defense sectors, with a working prototype piloted by the U.S. Air Force. Visit https://www.startengine.com/avawatz to learn more. This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Rajini Anachi rajini@avawatz.com Company Website https://avawatz.com

October 21, 2022 08:00 AM Eastern Daylight Time

Article thumbnail News Release

VideoXRM Gets Your B2B Video Found

VideoXRM

VideoXRM, a B2B content distribution and discovery platform, launched its beta site today with a commercial launch slated for January 2023. VideoXRM merges the superior communications power of rich media with granular searchability to bring global exposure to video and rich media assets. VideoXRM is the launch brand and new corporate name for this cloud-hosted platform developed over two and a half years as Issuer Pixel. VideoXRM is a scalable media discovery platform leveraging proprietary indexing structures, industry taxonomies and search engine technology that lets content providers upload and individually index their rich media assets to be easily found. Industry Problem – B2B video is hard to find with precise results, which limits its value and potential. It’s either siloed on millions of corporate websites or buried on consumer video portals. Irrelevant results from conventional text searches create frustration rather than solutions. 59% of executives prefer video to reading text. 81% of businesses use video as a marketing tool. 82% of consumer internet traffic will be video by 2022 Global corporate video investments exceed $20K per company, per year - but these assets are hard to locate. Solution – VideoXRM’s patent-pending technology uses highly sophisticated indexing and search technology to make unstructured video content easily discoverable with precision. This new ecosystem delivers huge value to searchers and content providers as businesses increasingly tap the power of video and rich media to differentiate their value and to reach new audiences. The platform is ideal for company-to-company and company-to-customer engagement, news media, researchers, supply chain and procurement managers, M&A sourcing, partnering and benchmarking. VideoXRM has the “Last Mover” advantage in the video and audio sharing industry, bringing structure, searchability, distribution and intelligence to rich media investments. About VideoXRM ( VideoXRM.com ) VideoXRM is a global, searchable video and audio sharing and networking platform connecting corporate rich media content with all potential stakeholders. The platform and smart search technology creates value and knowledge from mountains of unstructured digital media, delivering greater ROI from content investments. VideoXRM’s mission is harnessing the enhanced communicative power of rich media through a new distribution and discovery paradigm. VideoXRM was Co-founded by David N. Baker, who formed Revere Data LLC (Sectorbase) which was acquired by FactSet Data Systems, Inc. His Co-founders are Vadim A. Tarasov, Byron Kwok and David Guzy. Contact Details Catalyst IR David Collins +1 212-924-9800 VideoXRM@Catalyst-IR.com Company Website https://videoxrm.com

October 20, 2022 02:17 PM Eastern Daylight Time

Image
Article thumbnail News Release

CloudWerx Announces Infrastructure Services Specialization in Google Cloud Partner Advantage Program

Cloudwerx

CloudWerx, a full-service enterprise cloud consulting firm, announced today that it has achieved the Infrastructure Services Specialization in the Google Cloud Partner Advantage program. A Google Cloud Premier Resell and Service Partner and a fast-growing North American partner, this specialization proves CloudWerx’s expertise in building customer infrastructure and workflows on Google Cloud. Google Cloud Partner Advantage provides organizations with qualified partners that have certified experience in successfully delivering Google Cloud solutions. Organizations that have achieved the Infrastructure Services Specialization — the highest technical designation a partner can earn — have demonstrated technical proficiency, industry expertise, and proven success using Google Cloud infrastructure solutions and services. “We are excited to be aligned with the open source, open community culture at Google Cloud,” said Jason Geis, Co-Founder and CEO of CloudWerx. “Our Digital Native customers that want to take advantage of the open source community and best-of-breed security are migrating to Google Cloud.” “Google Cloud specializations highlight the proficiency required to deliver technical competencies and support to customers,” said Derrick Thompson, Global Head of Partner Differentiation, Google Cloud. “Achieving this specialization is evidence of CloudWerx’s commitment to providing customers with the expertise they need to build and modernize their infrastructure workloads on Google Cloud.” CloudWerx chose to be an exclusive resell and service partner of Google Cloud because of the innovation, customization, collaboration, and flexibility Google Cloud offers its customers when it comes to building optimized and secure cloud infrastructures. To learn more about CloudWerx’s Google Cloud Infrastructure deployment process, please visit cloudwerx.tech/infrastructure. About CloudWerx CloudWerx is an engineering-focused cloud consulting company that provides the most elite technology resources to solve the toughest challenges. Maintaining 100 percent customer retention and a commitment to 11/10 technical, account and customer service, the CloudWerx team has unique experience working in some of the most complex cloud environments at scale and can help your business accelerate with confidence. Please visit https://www.cloudwerx.tech/ to learn more. Contact Details CloudWerx Betsy Reed +1 206-999-3517 press@cloudwerx.tech Company Website https://www.cloudwerx.tech/

October 20, 2022 11:00 AM Pacific Daylight Time

1 ... 364365366367368 ... 592