Mashgin: Checkout So Fast, It Feels Like Magic

“By opening up Mashgin to cash payments and gas orders, even more customers can handle their transactions on high-speed self-checkout. That means even shorter lines that let customers happily return to their cars faster, opening up those pumps for additional customers.”

PALO ALTO, Calif. (PRWEB)
August 03, 2021

The average American spends six years of their life waiting in lines. Today, Mashgin, the world’s fastest touchless self-checkout system powered by AI and computer vision, announced new milestones that illustrate how touchless checkout may soon dominate retail, convenience stores, sports concessions, airports and even cafes. Mashgin Touchless Checkout kiosks have processed more than 16 million global transactions to date and recently surpassed more than $100 million in sales transactions worldwide. Deployments of Mashgin’s kiosks increased by over 100% during 2021, to nearly 500 locations today. Additional data collected by Mashgin from its touchless checkout kiosks reveals Mashgin saved global consumers more than 15 years of their lives — time otherwise spent waiting in a queue. The recent milestone achievements further expand Mashgin’s capabilities to help retailers reduce friction and eliminate long lines that typically deter customers who are considering a purchase. View a short video of Mashgin in action here.

Mashgin recently introduced new payment integrations for convenience stores and fuel retailers, including an integration with Glory, a global leader in cash technology solutions. The new payment integrations allow customers to purchase fuel at Mashgin kiosks and use cash to checkout even faster than paying by credit card. Credit and debit cards are typically considered more efficient payment methods, however, Mashgin observed many cash transactions completing faster than typical EMV chip credit cards during the testing phase of its soon-to-release integration with Glory.

“U.S. gas prices are at their highest in seven years. A lack of available fuel pumps equates to lost revenue for gas station convenience stores as potential customers may drive to another nearby gas station if wait times are too long,” said Jack Hogan, VP of Strategic Partnerships at Mashgin. “By opening up Mashgin to cash payments and gas orders, even more customers can handle their transactions on high-speed self-checkout. That means even shorter lines that let customers happily return to their cars faster, opening up those pumps for additional customers.”

Retailers invest significant capital in reducing friction across customer access points from retail environments, especially during checkout. Self-checkout has historically proven to be slower than a cashier. Mashgin’s Touchless Checkout System is up to four times faster than cashiers using traditional POS systems, resulting in shorter lines, happier customers, and as much as a 34% increase in sales for Mashgin clients.

How Mashgin Works.

Mashgin is the world’s fastest self-checkout system powered by AI and computer vision. Consumers demand instant gratification. Mashgin’s Touchless Checkout System eliminates consumer frustration while increasing revenue for retailers with checkout four times faster than cashiers and traditional point-of-sale solutions. Customers place their items on Mashgin’s tray, pay electronically, and can be on their way in as little as 10 seconds — with no need to look for or scan bar codes.

As the only fully touchless self-checkout solution on the market, Mashgin is helping transform the customer experience while optimizing the safety of self-checkout. Mashgin’s global coverage spans major convenience store chains, airports, Fortune 500 companies, and more than 20 iconic sports stadiums, including the Denver Broncos, Kansas City Chiefs and Madison Square Garden.

Mashgin continues to expand and accelerate its operations and is hiring for multiple positions. Apply here.

About Mashgin

Mashgin is the world’s fastest self-checkout system powered by AI and computer vision. Consumers demand instant gratification. Mashgin’s Touchless Checkout System eliminates consumer frustration while increasing revenue for retailers with checkout that is four times faster than cashiers and traditional point-of-sale solutions. Customers simply place their items on Mashgin’s tray, pay electronically, and can be on their way in as little as 10 seconds — with no need to look for or scan bar codes.

Mashgin is also the most vetted AI-based checkout technology in the world, with more than 16 million global transactions completed worth more than $100 million, and nearly 500 deployments spanning convenience stores, corporate cafeterias, sports stadiums, airports, hospitals and more. As the only fully touchless solution on the market, Mashgin is helping transform the customer experience while optimizing the safety of self-checkout. Founded in 2013 and headquartered in Palo Alto, California, Mashgin serves hundreds of thousands of customers worldwide and is a privately held company backed by Matrix Partners, Susa Ventures and Y Combinator. Follow Mashgin on Twitter and LinkedIn or learn more about Mashgin at http://www.mashgin.com.

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UPSTACK Taps Nicholas Caruso as Head of Global Channels and Alliances

“With two decades of success building direct and indirect go-to-market strategies along with extensive relationships with suppliers and highly influential advisors, there’s no better fit to lead UPSTACK’s partner and supplier development initiatives.”

NEW YORK (PRWEB)
August 03, 2021

UPSTACK, a profitable, fast-growing platform that transforms the buying experience for businesses seeking cloud and internet infrastructure solutions, announced today that global telecom and channel sales executive Nicholas Caruso has joined the company’s leadership team as Head of Global Channels and Alliances.

In his new role, Caruso is charged with building and leading UPSTACK’s Advisor and supplier development organizations, including strategic alliances with master agents and sales operations.

UPSTACK, which is backed by an initial $50 million investment from Berkshire Partners, delivers a ground-breaking platform that pairs the industry’s leading technology Advisors with an industry-leading software solution to automate, architect and source customized technology solutions for businesses of all sizes.

“We’re fortunate and excited to bring an executive of Nick’s stature to the UPSTACK leadership team,” said Christopher Trapp, CEO at UPSTACK. “With two decades of success building direct and indirect go-to-market strategies along with extensive relationships with suppliers and highly influential advisors, there’s no better fit to lead UPSTACK’s partner and supplier development initiatives.”

Caruso comes to UPSTACK with 18 years of telecom industry sales leadership experience. Most recently, he served at Zayo Group as the Head of Global Channels and Partnerships where he built and led its indirect sales initiatives. Caruso also held positions as Director of Major Markets at ADP and Director of Channel Sales at Sarco Communications (now Total Communications Inc., a subsidiary of Frontier).

“I left a role I enjoyed as a senior executive running a global organization to pursue an opportunity to disrupt the market with UPSTACK,” said Caruso. “The company’s plan to change how technology is sourced and sold has never been done before. I love the startup feeling and the vibrant culture. UPSTACK has created a technology-focused and financially smart organization that I’m excited to be part of and am looking forward to influencing its direction and growth.”

Caruso’s initial goals will be to build out UPSTACK’s Advisory and supplier development teams. “My objective is to enable and empower the industry’s leading Advisors and their business customers with access to world-class technical support, provided by the UPSTACK Platform, and a full range of solutions to their ever-changing challenges,” he said. “Our knowledge and relationships with suppliers of the products and services necessary to solve our customer’s mission-critical challenges is vital. We will be working closely with our suppliers to create the most cost-effective go-to-market strategies for their products and services along with a buying experience for our Advisors and end-customers that is the best in the industry.”

About UPSTACK

Launched in 2017 in New York, N.Y., UPSTACK is transforming the way cloud and internet infrastructure is sourced and sold. The company uses advanced technology to enable an extensive team of cloud infrastructure Advisors to offer customized solutions for businesses of all sizes. With UPSTACK, business buyers streamline IT procurement by tapping into a single source for mission-critical technology services from hundreds of proven providers along with the professional guidance to identify and evaluate the best solutions. UPSTACK’s service portfolio includes colocation and data center, network connectivity, SD-WAN, unified communications, cloud contact center, private and public cloud, security, mobile, business continuity and IoT. For more information, visit us at http://www.upstack.com.

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Alcatraz AI Partners with RFI to offer the Alcatraz Rock Facial Authentication Solution to its Growing Customer Base

REDWOOD CITY, Calif. (PRWEB)
August 03, 2021

Alcatraz AI, a developer of frictionless access control technology, and RFI Communications and Security, a security system integrator, announced today a partnership to bring frictionless identity verification to a wider market. This new strategic partnership will pair RFI’s wide customer base with Alcatraz’s modern artificial intelligence products.

Alcatraz AI’s facial authentication solution combines advanced AI and 3D sensing technologies that provide facilities with enterprise-grade identity verification needed to create secure spaces. Its state-of-the-art security features include touchless access, multi-factor authentication, and intelligent tailgating detection and prevention. Its access control solution, the Rock, effectively detects tailgating and sends “real-time alerts”, if an unauthorized person enters and sends real-time notifications to ACS/VMS.

“RFI is a leader of technical innovation, and we are looking forward to partnering with them to bring facial authentication to their customer base,” said Tina D’ Agostin, CEO of Alcatraz AI. “By utilizing the Alcatraz AI Rock, we will work alongside RFI to continue their mission of optimizing security and safety solutions for their customers.”

“RFI is excited to announce our partnership with Alcatraz AI. Their ability to combine industry leading technology with a product agnostic interface, while still maintaining a simplified user experience, provides RFI a solution to our clients dynamic challenges in today’s physical security landscape.” Matt Varvais, Technical Program Manager

For more information on Alcatraz AI access control solutions, visit http://www.alcatraz.ai.

About Alcatraz AI:

Alcatraz AI transforms access control by leveraging artificial intelligence and analytics to make powerful decisions at the edge, where your face becomes your credential. Alcatraz’s facial authentication technology and intelligent tailgating detection enable enterprises to innovate and future-proof their security strategy. Our state-of-the-art product, the Rock, is designed to be easy to deploy on any access control system, providing an enterprise-grade security solution to protect businesses, people and assets. Visit http://www.alcatraz.ai for more information and follow the company’s updates on LinkedIn.

About RFI:

RFI Communications & Security Systems is a diversified multi-systems integrator that has been designing, installing, servicing and monitoring, technology-driven security and fire/life safety solutions for forty-two years. Committed to our past and our future, RFI, established in 1979, is a large systems integrator doing business across the US with offices in California, Nevada and Washington. RFI was recently ranked the #15 Top Security Integrator by SDM Magazine for 2020. We focus on end-to-end solutions supported by dedicated account managers, trained installation technicians, application engineers, and IT professionals. Our partnership extends beyond the installation with ongoing support and service to ensure each system is utilized to its full potential. Our customers range from Fortune 500 companies, hospitals and universities, to government sectors and transportation authorities.

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RFPIO acquires RFP360, bolstering best-in-class response management solutions for organizations of all sizes, along with a vision for the future of B2B procurement.

“Through this acquisition, I’m extremely excited about the future as we work together to drive innovation in response management and similarly advance our request management offering in the strategic sourcing market,” said Dave Hulsen, cofounder of RFP360 and new member of the RFPIO leadership team.

BEAVERTON, Ore. (PRWEB)
August 03, 2021

RFPIO, the leader in response management software, announced the completion of its acquisition of RFP360, the industry’s only provider of software serving the complete RFP lifecycle. Known for its strong customer focused product innovation and now with a full RFP life-cycle offering, the acquisition will bolster RFPIO’s user base across market segments and industries, to include more than 200,000 users worldwide.

“I’ve truly enjoyed competing with RFPIO over the years and always respected the way they approached the market and their customers. It certainly wasn’t a surprise to see them grow quickly into a category leader,” said Dave Hulsen, cofounder of RFP360 and new member of the RFPIO leadership team. “Through this acquisition, I’m extremely excited about the future as we work together to drive innovation in response management and similarly advance our request management offering in the strategic sourcing market.”

In addition to strengthening RFPIO’s position as the leading provider of response management software, the acquisition expands RFPIO’s offering to include a strategic sourcing solution, bringing to market the most efficient and proactive request for proposal (RFP) solution.

“When we founded RFPIO, we had two primary objectives. To build a solution that would support revenue generation from RFP response. And to create a company where my co-founders and I were excited to work. This acquisition is furthering progress on both fronts,” said Ganesh Shankar, CEO of RFPIO, who will continue in his role following the acquisition.

Led by AJ Sunder, RFPIO’s CTO and Chief Product Officer, RFPIO’s growing product portfolio will now provide the most efficient and effective process for all companies involved in the purchase lifecycle — the stage is set for disruption and continued innovation in response management and strategic sourcing software.

“The success of the modern workforce depends on solutions that free up time to focus on the most valuable work,” said Hasan Askari, Managing Partner at K1 Investment Management, who sits on the board of RFPIO. “We’re pleased to see RFPIO’s industry-leading software and leadership join forces with RPF360’s full-circle solutions to advance the future of B2B procurement together.” K1 is the first and only institutional investor in RFPIO and participated along with the company to help finance the acquisition.

Innovation and a customer-first approach has earned RFPIO a strong reputation recognized by analysts and through industry awards and rankings including leading the RFP Software grid 9 cycles in a row. To sustain the level of support customers have come to expect, RFPIO has promoted company veteran, David Blume to Vice President, Customer Success and Professional Services. Working with Chief Operating Officer, Sankar Lagudu, the two will ensure that customers continue to receive world-class support.

Customers of both companies got a preview of the news, triggering a steady stream of congratulatory messages that echoed the same excitement felt by employees of both organizations.

To learn more about RFPIO and to stay up to date with its roadmap for innovation, please visit http://www.rfpio.com/.

About RFPIO

RFPIO is the market leader in response management software, trusted by some of the world’s smartest companies to support RFP and security questionnaire response, create and manage sales proposals, and resolve inefficiencies rooted in decentralized and inaccessible content and knowledge. The software’s robust and bi-directional integrations, along with an open API, allow teams to digitally transform response management processes and to harness the power of the knowledge and content across their teams. RFPIO supports response management for growing organizations of all sizes including Google, Adobe, Atlassian, Microsoft, Tenable, Zoom Video and others. For more information, visit rfpio.com or follow @rfpioinc on Twitter.

About RFP360

RFP360 develops software solutions that transform how organizations worldwide request information, respond to requests and connect — making the RFP and proposal process far more efficient, effective, collaborative, consistent and repeatable for everyone. Our complete approach covers every angle, from knowledge management and response automation to request development and vendor evaluation.

About K1

K1 builds category-leading enterprise software companies. As a global investment firm, K1 assists high-growth businesses to achieve successful outcomes, and invests alongside strong management teams that continue to guide their organizations on a day-to-day basis. With over 120 professionals, K1 and its operating affiliate, K1 Operations LLC, change industry landscapes by assisting with operationally-focused growth strategies designed to assist portfolio companies scale efficiently. Since inception of the firm, K1 has partnered with over 160 enterprise software companies including industry leaders such as Apttus, Buildium, Checkmarx, Clarizen, ControlUp, Emburse, FMG Suite, Granicus, IronScales, Litera Microsystems, Onit, Rave Mobile Safety, RFPIO, Smarsh, WorkForce Software and Zapproved.

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Unimarket announces majority growth investment from Accel-KKR

“Unimarket’s mission has always been to deliver easy-to-use procurement technology that simplifies the procurement process. This investment from Accel-KKR will help us pursue that mission with even more momentum and accelerate our ability to scale,” said Unimarket CEO Peter Kane.

MENLO PARK, Calif. and AUCKLAND, New Zealand (PRWEB)
August 03, 2021

Unimarket, a fast-growing provider of procurement software and services, today announced that it has received a majority growth investment from Accel-KKR, a leading global technology-focused investment firm. Peter Kane, Chief Executive Officer of Unimarket, will continue to lead the company supported by the existing management team.

Founded in 2005 in Auckland, Unimarket provides cloud-based procurement software and services to a number of sectors including higher education, healthcare, government, research and financial services. Its easy-to-use eProcurement solution simplifies and automates the procurement process by connecting an extensive catalog-driven supplier marketplace with purchasing, invoice management, and card payment functions, together in a single cloud platform that is easy for administrators, buyers and suppliers alike. The investment will build on Unimarket’s success by driving product innovation and strategic acquisitions to create more value for its customers across Australia, New Zealand and the United States.

“Since our founding over 15 years ago, Unimarket’s mission has always been to deliver easy-to-use procurement technology that simplifies the procurement process,” said Unimarket CEO Peter Kane. “By helping our clients get procurement done right, we empower them to do their best work because they spend less time on procurement and more time on the work that creates value for their organizations. This investment from Accel-KKR, coupled with its expertise in helping software companies grow, will help us pursue that mission with even more momentum and accelerate our ability to scale. We are very excited to embark on our next phase of growth with AKKR.”

This investment marks more than 15 equity investments in the ANZ region for Accel-KKR, making the firm one of the fastest-growing software investors in the region. Accel-KKR recently sold Christchurch-based software firm, Seequent to a US based publicly traded company for USD$1.1 billion in enterprise value. Accel-KKR was named the “Investor of the Year” in 2019 for its investment in Seequent by the American Chamber of Commerce in New Zealand. The Silicon Valley-based firm is one of the most active private equity investors in software globally, having closed 300+ software investments and acquisitions in the firm’s twenty-year history.

“We are thrilled to be working with Peter and the Unimarket team. The company has been on our radar for a number of years and has continuously expanded its market leadership position during this time,” said Phil Cunningham, Operating Executive at Accel-KKR. “Given our extensive experience investing in procurement and spend management software, we know we can bring material value to Unimarket’s growth strategy. We can’t wait to get started.”

Unimarket’s three flagship procurement solutions include:

• 
  Marketplace: An integrated catalog-driven marketplace that lets clients easily find and buy the things they need from their preferred suppliers at their negotiated prices.
• eProcurement: Solution that allows clients to easily find and buy products and services, plus manage purchase orders, approvals and requisitions.
• eProcurement+: Unimarket’s most comprehensive solution for managing the entire procurement process, from purchasing through to managing supplier invoices.

Unimarket’s clients include ASB, Lumino The Dentists and the University of Otago in New Zealand; NSW Department of Education, University of Tasmania and Murdoch Children’s Research Institute in Australia; and Xavier University, Illinois Institute of Technology, Teachers College of Columbia University, and Colgate University in the US.

About Unimarket

Unimarket makes procurement simple with an easy-to-use cloud-based solution that connects an extensive catalog-driven supplier marketplace with purchasing, invoice management, and card payment functions—all in one integrated platform. Founded in 2005, Unimarket is trusted by organizations from a diverse range of industries including higher education, healthcare, government, research, and financial services. For more information, visit unimarket.com or follow on Twitter @Unimarket, LinkedIn at linkedin.com/company/unimarket, or Facebook at @UnimarketProcurement.

About Accel-KKR

Accel-KKR is a technology-focused investment firm with over $10 billion in capital commitments. The firm focuses on software and tech-enabled businesses, well-positioned for topline and bottom-line growth. At the core of Accel-KKR’s investment strategy is a commitment to developing strong partnerships with the management teams of its portfolio companies and a focus on building value alongside management by leveraging the significant resources available through the Accel-KKR network. Accel-KKR focuses on middle-market companies and provides a broad range of capital solutions including buyout capital, minority-growth investments, and credit alternatives. Accel-KKR also invests across a wide range of transaction types including private company recapitalizations, divisional carve-outs and going-private transactions. In 2019 and 2020, Inc. named Accel-KKR to “PE 50 – The Best Private Equity Firms for Entrepreneurs”, its annual list of founder-friendly private equity firms. Accel-KKR is headquartered in Menlo Park with offices in Atlanta and London. Visit accel-kkr.com to learn more.

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Defendify Listed as Top 10 Cybersecurity Startup in Cyber Defense Magazine 2021 Black Unicorn Report

“We are thrilled to announce yet another award for Defendify: A Top 10 Cybersecurity Startup for 2021,” said Rob Simopoulos, Co-Founder of Defendify.

PORTLAND, Maine (PRWEB)
August 02, 2021

Defendify, a global provider of its award-winning all-in-one cybersecurity platform, announced its recognition as a Top 10 Cybersecurity Startup by Cyber Defense Magazine in the special edition of their 2021 Black Unicorn Report. Winners are announced at the Black Unicorn Awards for 2021 each year during the Black Hat USA conference. These awards honor the most innovative and valuable cyber defense companies from around the globe.

Defendify allows organizations without security teams to easily build and manage a comprehensive, robust cybersecurity program to protect against sophisticated cyberattacks and help meet industry and customer security requirements. The Defendify all-in-one cybersecurity platform combines automated processes, innovative technology, and a team of cybersecurity experts to streamline regular cybersecurity assessments and tests, company policies, employee awareness training, and 24/7 cyber threat detection and containment.

“We’re pleased to name Defendify as a Winner for the Top 10 Cybersecurity Startups for 2021 among a small, elite group of startups in our third annual Black Unicorn awards,” said Judges Robert R. Ackerman Jr. of AllegisCyber, David DeWalt of NightDragon, Dr. Peter Stephenson of Cyber Defense Labs and Gary Miliefsky of Cyber Defense Media Group.

Defendify has received several other accolades in 2021, including being named “Best Product in SMB Cybersecurity” in the 2021 Global InfoSec Awards presented by Cyber Defense Magazine (CDM), continuing to validate Defendify’s innovative and scalable cybersecurity solution and the mass market opportunity for it.

“We are thrilled to announce yet another award for Defendify: A Top 10 Cybersecurity Startup for 2021,” said Rob Simopoulos, Co-Founder of Defendify. “We see this as a testament to the increasing demand for all-in-one cybersecurity solutions for growing companies. The Defendify team is dedicated to providing a comprehensive cybersecurity solution that is cost-effective and easy to manage, and our platform is clearly resonating in the market.”

This award further highlights the value of Defendify’s platform and the company’s commitment to helping build holistic cybersecurity programs without the need for in-house security experts to manage a stack of complex technologies around the clock. Defendify was developed as a flexible and scalable cybersecurity solution for organizations without security teams.

About Defendify

Defendify is pioneering cybersecurity for organizations with limited security teams, including IT providers, by delivering multiple layers of protection through a comprehensive, easy-to-use platform designed to continuously strengthen overall cybersecurity posture across people, process, and technology. Coupled with automation and expertise, Defendify streamlines cybersecurity assessments, testing, policies, training, detection, and response in one consolidated and cost-effective cybersecurity solution.

Follow Defendify: LinkedIn, Twitter, and Facebook

About Cyber Defense Awards

This is Cyber Defense Magazine’s 9th year of honoring cybersecurity innovators, in this case the Black Unicorn Awards for 2021 on our Cyber Defense Awards platform. In this competition, judges for these prestigious awards includes cybersecurity industry veterans, trailblazers and market makers Gary Miliefsky of CDMG, Dr. Peter Stephenson of CDMG, Robert R. Ackerman Jr. of Allegis Cyber and David DeWalt of NightDragon with much appreciation to emeritus judge Robert Herjavec of Herjavec Group. To see the complete list of Winners for the Black Unicorn Awards for 2021 please visit https://cyberdefenseawards.com/black-unicorn-awards-Winners-2021

About Cyber Defense Magazine

Cyber Defense Magazine was founded in 2012 by Gary S. Miliefsky, globally recognized cyber security thought leader, inventor and entrepreneur and continues to be the premier source of IT Security information. We are managed and published by and for ethical, honest, passionate information security professionals. Our mission is to share cutting-edge knowledge, real-world stories and awards on the best ideas, products and services in the information technology industry. We deliver electronic magazines every month online for free, and limited print editions exclusively for the RSA, BlackHat and IPEXPO conferences and our limited edition paid reprint subscribers. Learn more about us at http://www.cyberdefensemagazine.com. Cyber Defense Magazine is a proud member of the Cyber Defense Media Group (CDMG).

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Morphisec Logo

“Morphisec has proven to be the only cybersecurity solution capable of providing affordable, simple, and effective protection for distributed workforces against a seemingly endless amount of ransomware, malware and evasive attacks.”

BE’ER SHEVA, Israel and BOSTON (PRWEB)
August 02, 2021

Morphisec, a leader in cloud-delivered endpoint and server security solutions, has been named as a finalist for the Top Ten 10 Black Unicorns in the Black Unicorn Awards for 2021. The Cyber Defense Black Unicorn Awards showcase ‘Black Unicorns,’ in a category that judges cybersecurity companies with the potential to be valued at $1B within the next 36 months.

Morphisec was chosen as a finalist among the top ten Black Unicorns from an extensive number of submissions from the most promising cybersecurity companies. All entrants are targeting a public offering or being acquired for more than $1B. The recognition comes on the heels of Morphisec raising $31M earlier this year to enable every business to simply and automatically prevent the most dangerous cyberattacks.

“Midsized enterprises are historically underserved by the cybersecurity market and their challenges have increased exponentially in the last year as the pandemic and work-from-home has made perimeter-based security irrelevant,” said Morphisec CEO Ronen Yehoshua. “Morphisec has proven to be the only cybersecurity solution capable of providing affordable, simple, and effective protection for their distributed workforces against a seemingly endless amount of ransomware, malware and evasive attacks.”

Today, Morphisec protects more than 8 million endpoints and workloads in a low-cost, automated, and deterministic fashion. Morphisec comes to these organizations’ defense – without needing dedicated security teams to respond to and investigate attacks – automatically stopping the most dangerous attacks targeting workstations, VDIs, servers, virtual machines, and cloud workloads.

“It’s exciting to see Morphisec making it into our Top Ten Black Unicorns among other cybersecurity industry leaders,” said Judges Robert R. Ackerman Jr. of http://www.allegiscyber.com, David DeWalt of http://www.nightdragon.com and Gary Miliefsky of http://www.cyberdefensemediagroup.com.

About Morphisec

Morphisec is the world leader in providing advanced security solutions for midsize to small enterprises around the globe. The company’s security products simplify and automatically block modern attacks from the endpoint to the cloud. Unlike traditional security solutions relying on human intervention, Morphisec delivers operationally simple, proactive prevention. This approach protects businesses around the globe with limited security resources and training from the most dangerous and sophisticated cyber attacks.

About the Cyber Defense Black Unicorn Awards

This is Cyber Defense Magazine’s 9th year of honoring cybersecurity innovators through the Black Unicorn Awards for 2021 on its Cyber Defense Awards platform. In this competition, judges for these prestigious awards includes cybersecurity industry veterans, trailblazers and market makers Gary Miliefsky of CDMG, Robert R. Ackerman Jr. of Allegis Cyber and David DeWalt of NightDragon with much appreciation to emeritus judge Robert Herjavec of Herjavec Group. To see the complete list of finalists for the Black Unicorn Awards for 2021 please visit https://cyberdefenseawards.com/black-unicorn-awards-for-2021-the-winners/

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Daniel and Sarah join our growing team at an important time – Thejo Kote Airbase Founder/CEO

SAN FRANCISCO (PRWEB)
August 02, 2021

Airbase, the leading spend management platform for companies from founding to IPO, today announced the appointment of two new senior hires by adding Daniel DeVall from Coupa as VP of Business Development and Sarah Lovelace from Plenty as VP of People. The news comes on the heels of the company’s announcement of a $60M Series B Capital Raise, Led by Menlo Ventures.

At Coupa, Daniel was the Vice President of Sales of Coupa Pay. He joined the company in 2018 as an early leader in the new Coupa Pay division, where he was responsible for the first several hundred clients, and for developing strategic partnerships with some of the world’s largest banks and implementation partners. Before Coupa, Dan led business development and alliances at AP automation vendor Tipalti, building the foundation for their alliance’s program and working closely with sales to close some of their largest customers during his time there. Prior to his jump into software, Daniel spent 12 years as a technology banker at Wells Fargo based in Silicon Valley where he gained his experience in fintech and served as a trusted advisor to his customer base.

Sarah brings over a decade of human resources and people functions experience to Airbase. Previously, she was integral in architecting the People team at Plenty, a San Francisco-based indoor vertical farming company, as their first VP of People. She joined Plenty as the sixth employee and helped grow it to nearly 400 employees. The role included recruiting, people operations, people partners, learning and development, total rewards, and diversity and inclusion. Sarah also spent close to seven years at Box, the Cloud Content Management company, where she was responsible for building out the engineering team, launched and oversaw Box’s expansion to Austin, and the overall strategic direction of all talent acquisition-related programs.

As it races to keep pace with its growth, Airbase has more than doubled its headcount in the last 12 months and employs a fully distributed team located across ten countries. This is in addition to the recent new hire of Aneal Vallurupalli as CFO, who last month the company announced had joined from Mattermost.

“Daniel and Sarah join our growing team at an important time,” said Airbase Founder and CEO Thejo Kote. “The truth is that there are only two true spend management companies in the market today — no others are even scratching the surface of solving the problem of how growing companies spend money with such depth and breadth. Mid-market and early enterprise companies have been forced to adopt Coupa, a primarily large enterprise focused solution. Airbase is offering a compelling alternative to these fast-growing companies with a solution tailored to their stage. We’re very happy to attract such strong talent from within their Coupa Pay division. The appointment of Daniel will help us build out a comprehensive partner ecosystem that will further improve the lives of finance teams.”

“Similarly, when I asked around as to the strongest people operations leaders, Sarah’s name consistently came up as the best. It’s always a challenge growing a company so fast, and continuing to put both employees and customers first, and I’m very happy that Sarah has chosen to help shape the journeys of each of our team members.”

About Airbase

Airbase is the only comprehensive spend management platform for growing and mid-market companies. It combines all-inclusive accounts payable automation, software-enabled corporate cards, and simplified employee expense reimbursements. Airbase applies consistent approval workflows across all areas, automates accounting, and provides real-time reporting for all non-payroll spend. Innovative accounting automation results in a faster close, better visibility, and true control. Most companies rely on a combination of siloed software products, spreadsheets, and manual workarounds to pay vendors and reimburse employees. Airbase eliminates the resulting messy tech-stack and inefficient processes by replacing products like Expensify and Bill.com. Airbase empowers employees with a uniform approach to spending money, whether that involves corporate card spend, raising a PO, or requesting reimbursement.

http://www.airbase.com | press@airbase.io

Airbase also hosts “Off the Ledger,” a Slack community for over 2100 finance professionals that’s a private space for networking, advice, and members-only events. Finance professionals only can apply for membership at: https://www.airbase.com/off-the-ledger-finance-and-accounting-slack-group

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