Posted by gildenshelton565 July - 15 - 2015 ADD COMMENTS

Chicago, IL (PRWEB) June 09, 2015

UCX, the Universal Compute Xchange, is proud to introduce its newly formed Advisory Board. The UCX board will include Sean Castette, William Martin, Satish Nandapurkar, Ron Bodkin, Matt Calman, and Sandy Atwell. The formation of the Advisory Board builds on the recent announcement of the expansion of trade on UCX for their benchmark WAC (Workload Allocation Cube) Financial Contract, which enables trading cloud as a commodity.

“We are thrilled to announce the formation of our Advisory Board. The advisory board will help serve an important role as UCX continues to change the landscape for digital commodities,” says Adam Zeck, CEO and Founder of UCX. “These distinguished individuals have all proven to be experts in their respective fields and have helped to shape the financial services and technology industries. Individually, the talents brought by each advisor are unique and accomplished in their respective fields, and collectively this becomes a world class advisory board.”

UCX has uniquely positioned itself in the market and continues to develop out a whole new asset class of exchange traded products with technology licensed from CME Group.

UCX Advisory Board Members:

Mr. Sean Castette is a successful Entrepreneur who held a variety of roles at GETCO including Technology Officer, Chief Operating Officer, and Head of FICC Trading. Mr. Castette merged GETCO with Knight Capital to create KCG. He is a pioneer the electronic trading industry and key player in its rapidly global expansion.

Mr. William Martin is the Chairman and Chief Investment Officer of Raging Capital Management, a private investment partnership focused on public equities. Mr. Martin is a successful entrepreneur who has founded a number of financial information companies, and has invested in and/or advised a number of Internet and institutional financial services companies, including CallStreet, acquired by FactSet; FolderShare, acquired by Microsoft; Majestic Research, acquired by Investment Technology Group; Gerson Lehrman Group; and Lux Research. Mr. Martin has also served on several public company boards including Vitesse Semiconductor, which was acquired by Microsemi in 2015; Salary.com, which was acquired by Kenexa in 2010; and Bankrate, which was acquired by Apax Partners in 2009.

Mr. Satish Nandapurkar is Co-Founder and Principal at Silveus Financial, and Chief Risk Officer at Typhon Capital. Mr. Nandapurkar has held previous roles such as CEO of the Deutsche Boerse, Head of Products and Services at the Chicago Mercantile Exchange, and Head of FX Options at Bank of America.

Mr. Ron Bodkin is the Founder of Think Big, an organization helping companies realize measurable value from Big Data. Previously Mr. Bodkin was VP Engineering at Quantcast and led the data science and engineer teams that pioneered that use of Hadoop and NoSQL for batch and real-time decision making. Mr. Bodkin was also Co-Founder and CTO of B2B applications provider C-Bridge, which achieved a successful IPO.

Mr. Matt Calman is an innovation consultant for the banking and insurance industries. A 27 year veteran at Bank of America, he led merger transition work in capital markets as well as card, check, and cash payment systems. As Enterprise R&D Executive, he built an innovation lab team that delivered more than 500 concepts, simulations, prototypes, and customer tests and in 2009, designed and launched the first banking Product Innovation Lab in Beijing with China Construction Bank. He has led research programs at the MIT Media Lab and Carnegie Mellon University’s HCI Institute and is named inventor on 49 issued U.S. patents and more than 250 applications.

Ms. Sandy Atwell leads Calgary Scientific’s business development efforts with a focus on cloud and collaboration. A veteran of the financial services and tech industries, Ms. Atwell has served on various Boards and in Executive roles including Novell, has founded numerous for profit organizations, and is currently the Founder and CEO of a successful non-profit.

UCX has been named as an AlwaysOn Top 50 Emerging Company for Financial Technology. To learn more about UCX and the executive team visit: http://ucxchange.com/about-us/.

About UCX

UCX, Universal Compute Xchange, is defining a new asset class of exchange traded products that are available for trading on an electronic platform using technology licensed from CME Group that address the needs and risks of the digital generation. UCX is recognized as an AlwaysOn “Top 50 Emerging Company” for FinTech and is the leading global exchange for trading infrastructure as a service, IaaS, “The Cloud”. UCX has licensed the patented Workload Allocation Cube (WAC) metric for measuring IT infrastructure usage, to create the benchmark WAC financial contract. UCX enables buyers and sellers to engage in price discovery and trade standardized WAC financial contracts to reduce their financial IT Infrastructure risk exposure while increasing operational agility and market efficiency, from a transparent, centralized marketplace. UCX is where the world comes to trade.

For more information visit http://ucxchange.com/ and follow us on twitter @ucxchange







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Posted by mod198 June - 23 - 2015 ADD COMMENTS


Austin, TX (PRWEB) June 10, 2015

Hive9 today announced a $ 5.4 million funding round led by investors LiveOak Venture Partners and Silverton Partners. Hive9 has quickly emerged as a leader in the fast-growing market for B2B marketing planning and performance management software. Spun off from marketing agency Bulldog Solutions in April 2015 by CEO Darin Hicks, Hive9’s growing client list includes leading B2B brands such as TD Ameritrade, Zebra Technologies, Fiserv, Thomson Reuters and Docusign. Analyst buzz already includes recognition by Gartner as a 2015 Cool Vendor.

“Marketing leaders are under more pressure than ever to quantify and increase marketing ROI. Our solutions are engineered to help them establish the right goals and optimize their marketing investments,” said Hicks. “Hive9’s solutions are implemented in as little as two weeks through a managed onboarding process, removing the need for customers to tap into IT resources and substantially decreasing time to value.”

Hive9’s mission is to empower marketing organizations to improve planning, measurement and their overall impact on the business. A user-friendly interface backed by predictive models, data warehousing and a robust intelligence engine, pushes actionable insights to marketers that drive decisions to maximize revenue.

Hive9 Gameplan™ revolutionizes marketing planning with a performance-based, iterative approach, addressing the inherent deficiencies in annual marketing planning based on the previous year’s activities. Gameplan™ creates an environment for collaborative, agile and customer-centric marketing planning. By aligning budgets and activities to financial targets and leveraging actual performance data in real-time, Gameplan™ delivers an ROI-centric approach to marketing planning unlike any other product on the market.

Hive9 Measure™, released just last month, is a marketing intelligence dashboard that consolidates performance indicators across a variety of data sources, powering informed sales and marketing decisions. Measure addresses a critical gap to world class marketing performance, which is infrequent manual reporting across many different systems. Pre-configured dashboards include Database, Email, Website, Waterfall and Campaign Performance. Measure™ connects the dots between activity-based marketing metrics and their business impact, putting all key information in one place.

“We look to back companies led by strong, domain-rich teams that target large underserved markets. Hive9 has achieved impressive customer traction in a short period of time, which is a testament both to quality of the team and the proven value they deliver to large and complex marketing organizations,” said Krishna Srinivasan, founding General Partner at LiveOak Venture Partners. Hicks, Srinivasan and Silverton Partners’ founder Bill Wood expect this momentum to increase with the new company’s expanded product roadmap. “We focus our investments on differentiated value, and I’m really excited by what Hive9 has in store this year,” added Wood.

___________________

About Hive9

Hive9’s marketing performance and planning software helps B2B marketers increase marketing’s measurable impact on revenue. Hive9’s SaaS applications Gameplan™ and Measure™, are engineered to provide turnkey solutions to the unique challenges of B2B marketers. Hive9’s robust predictive modeling and analytics engine provide actionable insights for increased effectiveness from planning through execution and conversion to revenue.

CONTACT: Johnny Anderson. johnny(at)hive9(dot)com (512) 652-2594







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Posted by admin June - 13 - 2015 ADD COMMENTS

Lexington, MA (PRWEB) May 26, 2015

jSonar today announced, SonarW, a major, new, capability for its jSonar Analytics Platform. SonarW is a NoSQL Data Warehouse – the industry’s first JSON-native data warehouse. SonarW is 100% MongoDB compatible, providing seamless data warehousing for MongoDB OLTP environments. SonarW can also be easily deployed within Hadoop environments.

SonarW: An Architecture for Speed, Low Cost and Simplicity

SonarW is purpose-built for today’s flexible modern data. SonarW is ultra-efficient, utilizing parallel processing that demands far less hardware than other approaches. SonarW’s second focus is on usability and convenience – bringing NoSQL simplicity to the Big Data world. Key architectural features include:

JSON-native columnar persistence: This works well for both structured and unstructured data; data is always compressed; and can be processed in parallel for every operation.
Indexing and Partitioning: All data is indexed using patent-pending Big Data indexes.
Parallel and Distributed Processing: Everything is done in parallel-both across nodes and within a node to ensure small, cost effective clusters.
JSON Optimized Code: Designed from the ground up for efficient columnar JSON processing.
Lock-less Data Structures: Built for multi-thread, multicore, and SIMD processing
Ease of Use: SonarW inherits its ease of use and simplicity form the NoSQL world and is 100% MongoDB compatible. Big Data teams are more productive and need to spend less time on platform and code.

“At Intensix, we improve clinical outcomes and reduce hospital costs by processing high dimensional, high frequency data from multiple sources inside the critical care unit. Our predictive analytics engine is using advanced machine learning techniques to analyze very large sets of clinical data, helping clinicians make better decisions- thus decreasing complications, mortality and length of stay,” said Avigdor Faians, VP Product at Intensix. “We’re excited about SonarW’s game-changing cost/performance for such data sets and the new analytics it will allow us to perform.”

Big Data Benchmark: Breakthrough Cost and Performance Results

One of the benchmarks used for Big Data workloads is the “Big Data Benchmark” run by the AMP lab at Berkeley. This benchmark runs workloads on representatives from the Hadoop ecosystem (e.g. Hive, Spark, Tez, etc) as well as from MPP environments. Benchmark testing shows that SonarW runs as fast- or faster – than other BIg Data technologies with significantly less hardware. Test results show an order of magnitude advantage in price/performance versus other current approaches. More detailed information of the test results are available at http://www.jsonar.com.

”We are very excited to introduce SonarW – a significant breakthrough for Big Data analytics in terms of simplicity, cost and performance,” said Ron Bennatan, CEO and co-founder of jSonar. “This is the culmination of years’ worth of work and input from customers with some of the world’s largest and most demanding warehousing environments who need to deliver applications quickly and are no longer willing to spend like crazy and get very little in return.”

jSonar Analytic Tools: Point and Click Simplicity

In addition to SonarW, jSonar provides rich analytical tools for JSON-data environments – for both MongoDB and SonarW. JSON Studio, the recipient of a MongoDB Innovation Award, provides a comprehensive suite of analytical tools that can be used by everyone in the organization. Other high productivity tools include; SonarSQL, SonarR and Sonar Gateway. For more information please visit our web site http://www.jsonar.com.

Availability

SonarW is available July 2015. To schedule a demo or learn more visit http://www.jsonar.com

About jSonar

The jSonar Analytics Platform provides an innovative JSON-based capability for Big Data warehousing and a suite of rich analytic tools. SonarW, a core component of the platform, is the industry’s first NoSQL Warehouse. SonarW delivers unprecedented performance, cost savings and vastly simplifies complex Big Data warehousing projects. jSonar also provides powerful analytic tools such as jSON Studio, SonarR, SonarSQL and Sonar Gateway. These tools, as well as SonarW, are 100% MongoDB compatible. JSON Studio is a recipient of the MongoDB Innovation award for 2014 and a certified MongoDB Ready Partner. For more information visit http://www.jsonar.com.

Contact: Ron Bennatan, jSonar, 781-369-JSON(5766), press(at)jsonar(dot)com







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Posted by gildenshelton565 June - 10 - 2015 ADD COMMENTS


Los Altos, CA (PRWEB) June 08, 2015

Report Automation and Sales Funnel Support Added to SutiCRM 7.0

SutiSoft announces updates to SutiCRM 7.0, its customer relationship management software.

SutiSoft Inc., a trusted provider of easy to use business management solutions, announces new updates to SutiCRM, its customer relationship management software. These additional features help users save time and allow them to implement and optimize their sales funnels.

Report automation: With SutiCRM, users can already generate various reports. With the new update, this report generation process can be automated. Recipients can be configured and the system will generate reports automatically.

Sales funnel optimization: By measuring the time taken and the efforts required to push a lead down the sales funnel, organizations can measure the effectiveness of their operations.

Conditional approvals: Set conditions in your web forms. Configure qualifiers and conditions into web forms to ensure only genuine leads are received.

For more details on our business solutions http://www.sutisoft.com/suticrm/ or contact us at 1.650.396.7203 or e-mail media(at)sutisoft(dot)com.

About SutiSoft

SutiSoft provides a comprehensive suite of cloud-based business management solutions for companies of all sizes. The suite includes scalable and easy-to-use solutions for HR, payroll, employee travel & expense, ERP, CRM, document management, business data analytics, and electronic signature. This allows small, mid-size, and enterprise customers to control costs and save time through use of integrated solutions. Headquartered in Los Altos, California SutiSoft also has regional offices in Germany, India, and Japan. Additional information is available at http://www.sutisoft.com.







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Posted by gildenshelton565 May - 19 - 2015 ADD COMMENTS

San Francisco, CA (PRWEB) April 23, 2015

Simplilearn (simplilearn.com), a leading edtech company providing certification courses to professionals, today announced it raised $ 15 million in Series C funding to continue to fuel the company’s impressive growth and success. The round was led by Mayfair, with existing investors Kalaari Capital and Helion Venture Partners also participating. With this round, Simplilearn has raised a total of $ 27 million in capital.

Simplilearn offers a multitude of training and certifications for business use and career advancement. The blended learning platform offers a combination of online classes, in-person workshops and corporate trainings, all led by Simplilearn’s over 2,000 qualified trainers. Courses span vendors, industries and platforms: Simplilearn offers training for everything from Advanced Cloud Computing to Six Sigma.

“Simplilearn has had an impressive growth over the last few years, and we are confident that this momentum will continue as more individuals seek professional certification(s) to succeed,” said Navin Chaddha, Managing Director of Mayfield. “We believe that the additional capital will allow Krishna and his team to grow even faster and outpace the market.”

“Our strength has been in providing a wide range of certification-based courses that have direct impact on the learner’s career. This focus on impact has ensured that we continue to grow at an aggressive pace,” says Krishna Kumar, CEO of Simplilearn. “With more of our learners moving to mobile and online learning, the current funding will allow us to continue to invest in the platform, expand our course coverage, and also look at rapidly expanding in the US and other primary markets.”

“Certification training is a serious business, and we pride ourselves in guiding our customers to achieve career growth and success,” said Rajesh Raju, Managing Director of Kalaari Capital. “This team has made significant progress in this space, and the latest round will further strengthen our positioning in the US and international markets.”

“The certification-based training industry is seeing a phenomenal growth, and Simplilearn is leading this from the front,” said Rahul Chowdhri, partner at Helion Venture Partners. “This additional capital infusion will allow them to aggressively invest and expand.”

Simplilearn was founded in 2009, and launched its signature blended learning solution in early 2010. It is currently one of the largest certification training providers in the world, offering over 200 courses and over 40 global accreditations. More than 400,000 people have been certified using Simplilearn in courses including Hadoop, Six Sigma, PMP and SAP among others.

Simplilearn is currently presenting its training solutions at DEMO in San Francisco. For more information, visit simplilearn.com.

About Simplilearn

Simplilearn is a leading provider of professional certification courses that addresses the unique learning needs of working professionals. With a large India-based back office that operates 24/7, Simplilearn provides unmatched customer experience, which handholds a customer – right from enrolling into an online course to getting Industry-recognized certificate in hand. Simplilearn represents 20 certification bodies, prominent ones being PMI, Exelos, Scrum Alliance, Peoplecert, and The Open Group. Simplilearn is now diversifying into vendor certification like those from Microsoft, Cisco, and Salesforce. For more information, please visit simplilearn.com.

About Mayfield

Mayfield is a global, early-stage venture capital firm with over $ 2.6 billion under management. During its 45-year history, the firm has invested in more than 500 companies, of which 113 have gone public and over 150 have merged or been acquired. The firm is currently deploying Mayfield XIV, a $ 365 million US fund and Mayfield India II, a $ 108 million dedicated India fund, and investing in the energy and technology sectors in China. For more information, please visit http://www.mayfield.com.

About Helion Venture Partners

Helion Venture Partners is a leading multi-stage venture fund with over $ 600 million under management. The fund invests across the technology and consumer sectors. For more information, visit http://www.helionvc.com.

About Kalaari Capital

Kalaari Capital is a leading early-stage venture capital fund with a focus on technology-oriented companies. The fund is passionate about investing in entrepreneurs who are poised to be tomorrow’s global leaders. For more information, visit http://www.kalaari.com.







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Posted by BlairMABEL25 May - 16 - 2015 ADD COMMENTS

Morrison, CO (PRWEB) March 31, 2015

Bit Refinery, a provider of VMware and Hadoop infrastructure as a service, today announced the company is partnering with Hortonworks (HDP) to provide a new hosted sandbox. The HDP Sandbox is a personal Hadoop environment that includes numerous interactive tutorials. It allows the user to get a feel of this exciting new technology as well as build proof of concepts and test new functionality in a fully operational environment.

The Bit Refinery hosted Sandbox will provide a hosted version of this popular learning tool which allows access from any Internet browser. Coupled with the growing list of interactive tutorials from HDP and other partnering vendors, the Sandbox has become the premier learning tool for anyone that wants quickly get up to speed on Hadoop.

“Our partnership with Hortonworks gives us the chance to provide a secure environment for businesses to experience the flexibility of trying the Hortonworks Sandbox without the time and resources required when running it on their personal computers.” said Bit Refinery Managing Partner Brandon Hieb, in a statement. “Businesses today understand the potential solution Big Data can provide, but are challenged with evaluating and implementing them effectively.”

The HDP Sandbox is just the first project Bit Refinery is planning to offer on its nationwide VMware and Hadoop hosting infrastructure. Development is already underway to offer numerous other software technologies such as Elasticsearch, Apache Ignite and Apache Spark to potential customers allowing them to experience Big Data technologies in a real working environment. The new hosted sandbox offering will be made available on March 30, 2015 via their website http://www.bitrefinery.com.

About Bit Refinery

Bit Refinery is a VMware® and bare-metal Hadoop Infrastructure-as-a-Service (IaaS) provider based out in Denver, Colorado. Featuring VMware® virtualization technology and bare-metal server nodes hosted within its fully redundant infrastructure, companies of all sizes benefit from outsourcing their infrastructure to the Bit Refinery Cloud while maintaining complete control of their mission critical environment. For more information please visit http://www.bitrefinery.com.

###

VMware© and VMware vCloud© are registered trademarks and/or trademarks of VMware, Inc in the United States and/or other jurisdictions. The use of the word “partner” or “partnership” does not imply a legal partnership between VMware and any other company.

Media Contact:

Shannon Faulkner

Bit Refinery, Inc

855-874-9700

marketing(at)bitrefinery(dot)com







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Posted by mod198 May - 16 - 2015 ADD COMMENTS

Government of Canada announces appointment of three new members to
The recent trends like cloud computing, social, mobile and Internet of Things are forcing enterprises to modernize in order to compete in the competitive globalized markets. However, enterprises are approaching newer technologies with a more silo-ed …
Read more on SYS-CON Media (press release)

Army to focus on cyber strategy in tactical environments
The Army identified that it needs to make advances in several Army-unique problem sets. One such area is the Army's tactical operations center, where military specific operations occur. While its enterprise level network is similar to commercial …
Read more on United States Army (press release)

8 steps to secure your data center in the distributed computing era
It's no secret that information security has failed to keep up with the speed of business and IT. While data centers have become increasingly dynamic, accommodating rapid application changes and on-the-fly deployments that span private and public …
Read more on InfoWorld

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Posted by BlairMABEL25 May - 8 - 2015 ADD COMMENTS

Rockville, Maryland (PRWEB) February 26, 2015

Rsignia, Inc. announced today it has entered into a formal partnership with the University of Central Florida (UCF), formalizing teaming efforts focused on research and development in the critical cyber security domain. The newly signed agreement provides Rsignia and UCF with a framework to work and collaborate on task orders related to big data visualization efforts.

UCF is recognized as an academic and research leader in numerous fields such as optics, modeling and simulation, engineering, digital media and computer science. In establishing this partnership with the university, Rsignia welcomes the opportunity to enhance its innovative, mission-oriented cyber social media initiatives.

About Rsignia, Inc.

Rsignia is a leading provider of cyber security solutions and services, to include detection, mitigation, countermeasures and forensics. In support of National Cyber Security Initiatives, Rsignia is developing some of the most innovative next generation cyber and forward thinking capabilities available to the marketplace today. As a mission and engineering-driven company, our main goal is to provide purpose-built cyber security solutions that proactively defend against potential threats and provide maximum data and network security to address those threats. Our continuing research and development efforts in behavioral analysis and modeled intelligence have great potential to become a ubiquitous security model in the cyber security domain. The unique combination of thought leaders from disciplines such as engineering, physical science, social science and computer science make Rsignia’s ideas and technology the best-of-breed in the cyber arena. For more information, please visit http://www.rsignia.com, e-mail PRcontact(at)rsignia(dot)com or call (240) 403-4053.







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Posted by mod198 April - 14 - 2015 ADD COMMENTS


DALLAS, TX (PRWEB) April 09, 2015

Sandlot Solutions, a leading community health interoperability and analytics provider, today formally announced the release of its advanced, SaaS-based technology platform that expands the organization’s big data capabilities into the interoperability space. The big data analytics technology platform allows for a single collection of community health data provided from a patient-centric point of view, spanning virtually every stakeholder in the healthcare community.

The platform is built using Sandlot’s deep interoperability and workflow experience and serves as the hub for the organization’s suite of community health management solutions, including Sandlot Connect, Dimensions, Metrix, Care Assist and Patient Portal. It brings data together from across the community of care, enabling the agile, real-time collection, transportation, viewing and analysis of clinical, claims, administrative and other healthcare-related data from a single, private and secure environment. It radically changes the way that these data files are collected and offers new ways of merging public and private datasets. This infrastructure allows providers to independently examine and explore large volumes of data and facilitates new levels of analytic insight.

“Sandlot’s platform uses the tools and technologies developed for examining vast volumes of clinical documents and messages in near real time. This allows us to reduce the complexity and minimize the cost of integration, which are typically barriers to addressing community health management,” said Paul Steinichen, Chief Technology Officer, Sandlot Solutions. “The timing and speed at which data is collected and then pushed out as useful information is key to helping healthcare professionals better manage the health of individuals and the population. By applying Web-scale technologies that have proven successful in other industries to the healthcare industry, clients can access the data needed more quickly and easily, providing accurate, up-to-the-minute information for care coordination and population health analytics.”

As a highly scalable, cost-effective solution to clinical interoperability and clinical data standardization, normalization, aggregation and enrichment, this platform makes it simple for healthcare organizations to integrate with the Sandlot suite of products and eliminates the need to do extensive integration work. With this platform, Sandlot clients can take advantage of Web-scale technology advances and prepare their organizations to deal with copious amounts of data, regardless of the formation and structure of that data. To accelerate development of this platform, Sandlot selected Hortonworks® (NASDAQ: HDP) and the Hortonworks Data Platform (HDP™) as a base on which to build the platform. HDP is a modern data management platform with the centralized enterprise services required for running advanced analytics and data processing applications simultaneously across shared datasets.

“Sandlot is driving innovative work with data analytics in healthcare,” said Herb Cunitz, President, Hortonworks. “The company realized the value of our HDP, the market’s only 100 percent open source and enterprise grade Hadoop distribution, and how they could easily build their applications on top of our platform. We look forward to helping them continue to break new ground and accelerate their SaaS business to a wide range of healthcare customers.”

While this platform offering is available now to all market segments of the healthcare community that Sandlot serves, the initial rollout is focused on hospital associations, large metropolitan area healthcare cooperatives and state-wide community health management organizations.

Sandlot Solutions will exhibit at HIMSS15 in Chicago from April 12-16, Booth #2641. Attendees are invited to visit the booth to learn more about Sandlot’s big data analytics platform and the company’s full suite of integrated solutions.

About Sandlot Solutions

Sandlot Solutions, founded in 2006, is a leading provider of clinical interoperability and community health management solutions focused on: the exchange of clinical and claims data across the care community, population data analytics and enhanced care coordination. Sandlot provides the tools and technology that enable healthcare organizations to improve the quality of care, understand and manage risk, reduce costs and transition to new business models. The software-as-a-service, cloud model with configurable technology streamlines data sharing and provides physicians with actionable patient information and analytics at the point of care. Sandlot’s technology works within physicians’ existing workflows using a proprietary, patent-pending digital envelope enabling physicians to proactively address gaps in care at the point of care. For more information, visit http://www.sandlotsolutions.com.







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Posted by jaymepobre748 April - 14 - 2015 ADD COMMENTS


Tokyo, Japan (PRWEB) February 12, 2015

Metaps Inc. (HQ: Tokyo, CEO: Katsuaki Sato, hereafter “Metaps”) announced that they have completed a $ 36 million Series C round of financing, headed by pre-existing and multiple new stakeholders in Japan and with the participation of a Silicon Valley venture capital firm. Regarding the new business partnerships formed in this round of funding, plans are to reveal details later this year.

CEO Katsuaki Sato commented, “At this stage of our growth we felt the timing was right to bring in more outside funding to help our AI and financial services initiatives reach the next level. We are already a trusted monetization partner for app developers worldwide, and we are expanding into a solutions provider for all e-commerce companies and smart device developers.”

Metaps was selected by Forbes Japan as one of the “Top Startups” in Japan for 2014, and Sato featured as one of the top 10 young entrepreneurs in Japan.

Metaps offers a one-stop app monetization platform “metaps”, supporting app analytics, user acquisition and monetization. The metaps Platform improves the efficiency and automation of app marketing by learning the patterns of users through the use of artificial intelligence (AI). The infrastructure of the metaps Platform has expanded to reach over 100 million app users through their network, which includes apps that have been downloaded a total of over 1.2 billion times.

Metaps has supported app monetization for developers through the formation of their 8 offices worldwide.


Intended use of Series C funding

1)    Expand implementation of artificial intelligence technology

Metaps will continue to advance automation and increase efficiencies across all types of businesses utilizing “big data” accumulated over time. This will be accomplished with data analysis, pattern recognition, future forecasting and by improving the accuracy of automated processes by the Metaps’ AI system. For these purposes, funding will be used towards aggressive hiring of experts in the field, and investing in necessary research.

As indicated in the corporate vision of Metaps: “Through big-data and computer learning, our aim is to be the world’s brain by empowering people to make smarter decisions”, Metaps will go beyond smartphones and make the capabilities of the metaps Platform accessible to developers for all smart devices. Metaps will plan product expansion with the goal of increasing the platform infrastructure to reach 10% of the world’s population (800 million people) by 2016.

2)    Expand financial services operations

Metaps is currently expanding the scale and operations of their new business, zero commission online payment service “SPIKE”. Over 50,000 accounts have been registered, and SPIKE is expanding rapidly amongst individual and small e-commerce businesses. With a mission to “Change the rules of money with technology”, SPIKE will strive to become an all-encompassing financial service and not limit itself to online payments.

About Metaps

Corporate site:    

http://corp.metaps.com/

Service sites:    

metaps http://www.metaps.com/

SPIKE https://spike.cc/







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