BOSTON: HoneyNaps, an industry-leading South Korean company in artificial intelligence (AI) sleep data analysis, has closed its series B round of funding, securing $11.6 million. The series B funding is a successful achievement, nearly three times the $3.9 million raised through series A funding back in 2021. With the listing contract signed with Korea Investment…
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Halliburton boosts local content in Africa, seeks interest in oil & gas ventures
JOHANNESBURG: Multinational oil service company Halliburton has taken a significant step toward enhancing local participation in the oil and gas sector. The company is inviting eligible local businesses to submit an Expression of Interest (EOI) for the supply of goods and services across various categories within the industry. This move aims to assess local interests…
Jaime Ramirez appointed new Chief Executive Officer of Fluidra
BARCELONA: Fluidra, the global leader in equipment and connected solutions in the pool and wellness sector, appoints Jaime Ramirez as the company’s new Chief Executive Officer (CEO) effective 1 June 2024. Since the merger with Zodiac in 2018, Fluidra has established its position as a global market leader; developed its product portfolio, services and solutions;…
OKX Ventures announces investment in Pencils Protocol
OKX Ventures today announced its investment in Pencils Protocol, the next-gen decentralized platform that offers auction services for blockchain-native assets and real-world assets (RWAs), along with unified and leveraged yield aggregation services for users to maximize asset utilization. As one of the largest native DeFi projects within the Scroll ecosystem, Pencils Protocol serves as an…
AdvoCare International appoints Christina Helwig as first female CEO
TEXAS: AdvoCare International, LLC, a leading omnichannel health and wellness company, has announced the promotion of Christina Helwig from Chief Marketing Officer to Chief Executive Officer. Helwig, who has been with the company for over a decade, has been instrumental in expanding the brand’s marketing strategies and distribution channels. Christina Helwig expressed her excitement about…
Legal software solutions firm, SurePoint Technologies, acquires Leopard Solutions
AUSTIN: SurePoint Technologies, a pioneer in legal software solutions for mid-sized law firms, has announced the acquisition of Leopard Solutions, a renowned entity in legal business intelligence and analytics. This strategic move is set to revolutionize the legal industry by combining 60 years of data from both companies, offering unmatched benchmarking insights and intelligence. For…
Inszone Insurance acquires JHC Insurance Agency
SACRAMENTO, CA: Inszone Insurance Services has announced the acquisition of JHC Insurance Agency, Inc., a well-established independent insurance provider based in Victoria, Texas. This move is a testament to Inszone’s strategic commitment to enhance its service offerings and deliver customized insurance solutions across Texas. JHC Insurance Agency, Inc., known for its dedication to independence and…
Chainstack secures investment to propel Web3 infrastructure growth
Chainstack, a leading global Web3 infrastructure provider, has announced a significant strategic investment from a consortium of investors including SBI Ven Capital, Sygnum, Azimut Group, Unicorn Factory Ventures, and Ventech Ventures. This infusion of capital is set to drive substantial advancements in Chainstack’s product offerings, with a particular emphasis on enhancing core features, user experience,…
Kraus Marketing acquires video production company in Tampa,
Kraus Marketing has announced the acquisition of a prominent video production company located in Tampa, Florida. This acquisition marks a significant step in Kraus Marketing’s commitment to delivering professional video services to an expanding clientele. Nick Kraus, the CEO and Founder of Kraus Marketing, reflected on the company’s journey since opening their Tampa office in…
handdii Holdings receives investment from Johns Lyng Group
LOS ANGELES – In a landmark move for the property insurance sector, handdii Holdings Inc., a trailblazer in digital property claims management, has announced a significant strategic investment from Johns Lyng Group (JLG). This collaboration heralds a new era in insurance property repair, responding to the industry’s call for reliable and high-quality service providers. As…
Fay raises $25 million in Series A round by Forerunner Ventures
To address the growing health crisis related to dietary habits, San Francisco-based startup Fay has announced a substantial $25 million funding round. This significant financial boost comes on the heels of a previously undisclosed seed round led by General Catalyst and a $20 million Series A round spearheaded by Forerunner Ventures, with continued support from…
Cybersecurity titans LogRhythm and Exabeam announce merger
LogRhythm and Exabeam, two vanguards in AI-driven security operations, have declared a definitive merger agreement. This strategic fusion is set to redefine the landscape of security operations with advanced AI capabilities. Chris O’Malley, CEO of LogRhythm, expressed enthusiasm about the merger, stating, “This union marks the dawn of a new era for AI-driven cybersecurity solutions…