News Feed
Posts

ChaosSearch, whose next-generation data platform for analytics delivers insights at scale for enterprise customers worldwide, announced that David Collins has joined the company as VP of Sales. Collins is a data technology veteran with deep experience helping F500 businesses optimize data storage and analytics, and unbridled success at growing sales organizations and revenue. His appointment comes on the heels of ChaosSearch’s record-breaking 2020 and the close of a $40M B round.

“David has had his finger on the pulse of this industry for years. He intimately understands how to help businesses get substantial value from massive data lakes. His expertise in big data and in expanding sales organizations will help ChaosSearch scale quickly to meet demand and capitalize on new opportunities.”

Ed Walsh – CEO ChaosSearch

Collins brings three decades of industry experience and entrepreneurial leadership to ChaosSearch. He was recently Actian Corporation’s VP of Worldwide Sales for Cloud Data Warehouse. Before that, Collins was VP of Sales for Attunity. There he was integral in moving the company from a virtual unknown to the market leader in real-time streaming data integration, resulting in a 400% increase in market capitalization prior to Qlik’s acquisition of the company. Earlier, he served as Intel Corporation’s Worldwide Director of Big Data. He is a graduate of Brandeis University in Massachusetts.

Additional information can be found in the AIthority article.

A start-up is offering to deliver vertically-farmed vegetables to Londoners homes within 24 hours of harvesting in a first for the capital.

Crate to Plate, founded by former banker and scion of the supermarket dynasty, Sebastien Sainsbury, currently grows all its leafy greens inside three giant shipping containers on the Isle of Dogs.

The company, launched in London earlier this year, grows salad and herbs using hydroponics – which means seeds are grown year-round on vertical and horizontal racks without any soil or pesticides. The amount of water, light and “specially mixed” nutrients each kale or basil plant receives is carefully controlled.

Additional information can be found in the Evening Standard business article.

In today’s information economy, data is the lifeblood of business. Data drives all aspects of an organization, where the more a company can leverage, the more a business can innovate and flourish. The best way a company can start to know better is by increasing the amount of data everyone can quickly and intelligently access. If there are limits or gatekeepers to this data, it has not been democratized, and thus, business will be stifled.

The complete article “How To Help Your Business ‘Know Better’ Through Data Democratization” can be found on the Forbes website.

Famed car designer Henrik Fisker is mounting a comeback seven years after his pioneering electric vehicle company collapsed. This time he has a secret weapon: Geeta Gupta-Fisker, his cofounder, CFO–and wife

Allan Ohnsman – Forbes Staff

Henrik Fisker seems straight from Hollywood central casting for the role of “famous European car designer.” A tall, blonde, handsome 57-year-old Dane, he first became known outside the car world in 1999 for styling a silver, convertible BMW Z8 roadster for Pierce Brosnan’s James Bond in The World Is Not Enough. In the early 2000s he ran Aston Martin’s famed design studios before serving as an early design consultant to Elon Musk’s Tesla. In 2007, he founded Fisker Automotive, which made one of the world’s first plug-in cars, before failing spectacularly six years later. 

Now he’s back–and three things are different. First and foremost, he has a vital new partner: his wife, cofounder and Fisker Inc. CFO Geeta Gupta-Fisker. Second, his Los Angeles-based company is public this time around, raising more than $1 billion in an October 2020 IPO. And finally, Fisker’s stock price, up 56% since its debut, has made both Henrik and Geeta billionaires, each worth about $1.1 billion as of Friday’s market close. The auto industry has seen father-son and sibling leadership teams, but Fisker Inc.’s CEO-CFO combo is the fast-changing sector’s first husband and wife power couple.

The complete article “Meet The Fiskers, The Billionaire Power Couple Taking On Tesla” can be found on the Forbes website.

ThriveFantasy, the pioneering daily fantasy sports and esports prop betting platform, today announced that it has entered into a strategic partnership with top esports organization Envy Gaming. The wide-ranging partnership is ThriveFantasy’s first with an esports team and will see ThriveFantasy named the Official Daily Fantasy Esports Platform for Team Envy. Envy Gaming is the owner and operator of global esports franchise Team Envy, competing in CS:GO, Halo, Rocket League and Valorant, and owns franchise teams the Dallas Fuel (competing in Overwatch) and the Dallas Empire (competing in Call of Duty).

“We know gaming fans crave interactive experiences that can bring them closer to their favorite players and teams – and that is exactly what ThriveFantasy is powering with their focus on a fantasy esports ecosystem and prop betting,” said Adam Rymer, CEO at Envy.

Additional information can be found in the PRNewswire press release.

CAMBRIDGE, Mass., Dec. 9, 2020 /PRNewswire/ — Smartvid.io, an AI-powered construction safety platform, today announced a $5 million round of new funding from Sony Innovation Fund (SIF) and IA Capital Group. Joining the round were prior investors, Building VenturesCompanyon Ventures and Converge, among others. This new round brings the total amount of funding that Smartvid.io has raised to $21 million.

“Smartvid.io has demonstrated strong commercial traction both with top-tier construction companies in the US, EU and Japan, as well as insurance carriers,” said Gen Tsuchikawa, CEO and Chief Investment Officer for the Sony Innovation Fund (SIF) and Innovation Growth Ventures (IGV). “By harnessing a very concrete and pragmatic use of machine vision in an industry vertical that is still analog and fragmented, Smartvid.io provides a cutting-edge example of how advanced technologies can be applied to solve difficult problems, while still blending into the existing work process. This investment marks our very first investment in the AEC space and we couldn’t be more excited to have expanded our industrial portfolio with Smartvid.io.”

Additional information can be found in the PRNewswire Press release.

As companies ramp up their data focus, accessibility becomes critical. Most companies use scaleable log analytics solutions based on the ELK stack (aka Elasticsearch).

But faced with data at scale, the ELK stack faces challenges, including rising retention costs and crashing clusters, according to Ed Walsh (pictured), chief executive officer of ChaosSearch Inc. But ChaosSearch, a scalable log analytics data platform, is promising a way out of the data disorder.

“We’re an ideal replacement for … either Elasticsearch or ELK Stack deployments if you’re hitting scale issues,” Walsh said.

Walsh spoke with Justin Warren, guest host of theCUBE, SiliconANGLE Media’s livestreaming studio, during AWS re:Invent. They discussed how the ChaosSearch Data Platform is delivering data lake-level benefits at a fraction of the cost of current log analytics solutions.

Lumentum Holdings Inc. (“Lumentum”) (Nasdaq: LITE) and TriLumina Corporation (“TriLumina”) today announced that Lumentum has acquired certain technology assets of TriLumina, including its patents and other intellectual property. TriLumina technology includes innovative flip-chip, back-emitting VCSEL arrays for use in a wide range of applications, including 3D sensing, automotive safety and driver assistance systems and LiDAR, and other emerging applications. Terms of the transaction were not disclosed.

Additional information can be found on the PR Newswire release.

Genesis will be the first automaker in the industry to commercialize EV wireless charging on a production vehicle.

Developed by WiTricity, WiTricity’s high efficiency 3.6-11 kW EV charging system provides carmakers, Tier 1 suppliers, and charging infrastructure suppliers the most flexible and interoperable wireless charging system design. The system, which has undergone rigorous testing by the US Department of Energy, and been shown to be the most efficient and most interoperable system available. WiTricity’s efficient design and architecture have been included in global standardization efforts led by the SAE International and IEC/ISO (International); DKE and Project STILLE (Germany); and CATARC (China).

Additional information can be found in the Carbuzz article.

LOS ANGELES–(BUSINESS WIRE)–Fisker Inc. (“Fisker”), a developer of the world’s most emotionally desirable, eco-friendly electric vehicles, announced today that it has completed its business combination (“Business Combination”) with Spartan Energy Acquisition Corp. (“Spartan”) (NYSE:SPAQ), a special purpose acquisition company sponsored by an affiliate of Apollo Global Management, Inc. (NYSE:APO). Spartan stockholders approved the business combination in a special meeting held on Oct. 28, 2020. On Oct. 30, 2020, the combined company’s Class A common stock and public warrants are expected to commence trading on the New York Stock Exchange (“NYSE”) under the ticker symbols “FSR” and “FSR WS,” respectively.


“All the external pieces are now in place to execute our unique, asset-light business strategy, with today’s funding and the strategic cooperation announced with Magna on Oct. 15.

We can now fully turn our attention to developing and launching the revolutionary, all-electric Fisker Ocean into the heart of the midsize SUV market, expected to commence in Q4 2022. We appreciate the confidence from all our shareholders and intend to deliver on our stated goals.”

Henrik Fisker – Fisker Chairman and Chief Executive Officer


Additional information can be found in the Fisker website.

Older Posts »