CLOUD APP DEVELOPMENT
Teamwork Commerce | February 22, 2022
Teamwork Commerce, a retail management software developer, and Google Cloud have combined their services to enable retailers to provide products seamlessly and more efficiently to their customers.
To help retailers face the new challenges of post-pandemic times, Teamwork partnered with Google Cloud to launch a powerful backend, which was once reserved for enterprise clients only, to all clients on the new Teamwork POS Pro platform.
Google Cloud's Partnership Advantage
Together, Teamwork Commerce and Google Cloud will help retailers solve their most challenging issues such as capturing omnichannel revenue growth, driving operational efficiencies, and becoming a customer-centric, data-driven retailer.
Teamwork utilizes Google BigQuery, Cloud Composer and Looker to provide its clients with instant responses to any analytical query and bring power of data-driven decisions to all aspects of business operations. In addition to that, clients can utilize ML models (with BigQuery ML and Vertex AI) to solve demand forecasting problems connected to replenishment, assortment planning, product allocation and other.
Teamwork moved to Google's Kubernetes Engine to assist with an increase of eCommerce users around the holidays. Kubernetes has allowed Teamwork retailers to not overload the system when thousands of people want to perform tasks like checking the balance of their gift card or placing an order.
Compliance is becoming more and more crucial in different regions. Teamwork Commerce's global cloud headquarters (CHQ), runs on Google Cloud, allowing retailers that operate or sell in different countries to better follow compliance in any fiscal region they may be operating in.
About Teamwork Commerce
Teamwork Commerce is a leading Omnichannel Solution, providing retailers with Point-of Sale, Order Management, Inventory Control, CRM, and Analytics. They also boast an ecosystem of integrations with top solutions making unified commerce a seamless activity. Teamwork works closely with its partners to ensure it utilizes cutting-edge technology to meet the needs of the ever-changing retail landscape. Top retailers in over 20 countries globally use Teamwork Commerce to take the friction out of retail, providing their customers with the best possible experience.
CLOUD APP DEVELOPMENT
Trend Micro Incorporated | December 14, 2021
Trend Micro Incorporated the global cloud security leader, offers cloud security in data centers across 9 countries. This represents the broadest global distribution of data centers from any security company, supporting the largest number of cloud security customers in the world.
Global data center availability better enables customer digital transformation and cloud adoption by removing data residency roadblocks. Data residency and data sovereignty are key considerations for compliance and business risk when companies move to the cloud.
According to Gartner, businesses "face huge challenges to mitigate growth in associated business and financial risks from incidents such as noncompliance, hacking and ransomware. These risks are compounded by data residency issues and poor security planning as data flows across new storage and analytics platforms on-premises and across public multicloud and hybrid cloud services.1"
"SaaS is the way to buy today, and security is no exception. We've seen exponential growth in our SaaS-based solutions and demand for local data center availability has risen accordingly. We are always looking for the best ways to solve business problems with our security platform and we're happy to offer the most regional data centers as one of the latest ways we're meeting customers where they are – both physically and in their digital transformation journey."
Kevin Simzer, chief operating officer for Trend Micro
Trend Micro is committed to supporting the business priorities of customers and reducing business risk any way possible. The company has responded to customer demand by helping enterprises meet data residency and sovereignty requirements with more local data centers. In addition, cloud security services are integrated and available for Amazon Web Services, Microsoft Azure and Google Cloud Platform, further meeting customers where they are in their digital transformation journey.
All regional data centers meet leading compliance regulations, including PCI DSS and ISO 27001, as well as GDPR requirements.
About Trend Micro
Trend Micro, a global cybersecurity leader, helps make the world safe for exchanging digital information. Fueled by decades of security expertise, global threat research, and continuous innovation, Trend Micro's cybersecurity platform protects hundreds of thousands of organizations and millions of individuals across clouds, networks, devices, and endpoints. As a leader in cloud and enterprise cybersecurity, the platform delivers a powerful range of advanced threat defense techniques optimized for environments like AWS, Microsoft, and Google, and central visibility for better, faster detection and response. With 7,000 employees across 65 countries, Trend Micro enables organizations to simplify and secure their connected world.
CLOUD APP DEVELOPMENT
Haven Technologies | January 17, 2022
Haven Technologies, the cloud-native insurtech platform for insurance carriers in the life, disability and fixed annuities industries, has been recognized by Built In in their 2022 Best Places to Work Awards. In addition to being honored as an overall Best Place to Work in New York City, Haven Technologies was also recognized in New York as a Best Midsize Company to Work For and Best Benefits.
Built In determines the winners of Best Places to Work based on an algorithm, using company data about compensation, benefits and companywide programming. To reflect the benefits candidates are searching for more frequently on Built In, the program also weighs criteria like remote and flexible work opportunities, programs for DEI and other people-first cultural offerings.
"While we only recently announced the formal launch of Haven Technologies, our team of more than 300 has been hard at work behind the scenes for months. They are the backbone of Haven Technologies and have made our workplace what it is today. If this is any indication of how we are progressing on our journey to making life better, together, the future is bright."
Frannie Melegrito, Head of Recruiting at Haven Technologies
For those with a passion for making insurance easier and more accessible, as well as working in a one-of-a-kind culture, Haven Technologies is hiring for a number of open positions.
About Haven Technologies
Haven Technologies has built deep capabilities in the life, annuity and disability insurance spaces. And now, our tech is your tech. The same purpose-built platform and expertise that have helped us delight customers, transform complex advisor-driven businesses and launch groundbreaking products with speed are available to everyone as a SaaS offering. Use our advanced solutions for new business, in-force management and product development. Let's change the future of life insurance. Together.
About Built In
Built In is creating the largest platform for technology professionals globally. Monthly, more than three million of the industry's most in-demand professionals visit the site from across the world. They rely on our platform to stay ahead of tech trends and news, develop their careers and find opportunities at companies whose values they share. Built In also serves 1,800 innovative companies of all sizes, ranging from startups to the Fortune 100. By putting their stories in front of our uniquely engaged audience, we help them hire otherwise hard-to-reach tech professionals, locally, nationally or remotely.
About Built In's Best Places to Work
Built In's esteemed Best Places to Work Awards, now in its fourth year, honor companies across numerous categories: 100 Best Places to Work, 50 Best Small Places to Work, 100 Best Midsize Places to Work, 50 Companies with the Best Benefits and 50 Best Paying Companies, 100 Best Large Companies to Work For, and 50 Best Remote-First Places to Work.
CLOUD APP DEVELOPMENT
Arc | January 14, 2022
Arc, the full-service finance platform for SaaS, emerged from stealth with $161 million in total funding from equity and credit investors. In partnership with Stripe, Arc is building a first-of-its-kind fintech solution where software founders can borrow, save, and spend on one comprehensive digital platform. Its introductory product, Arc Advance, allows SaaS founders to seamlessly convert future revenue into upfront capital without dilution at the click of a button.
cloud services are among the world’s fastest-growing markets — estimated to reach $400 billion in revenue in 2022 and growing 20%+ year-over-year, according to Gartner. However, innovation in SaaS companies has outpaced the funding solutions supporting them. Historically, high-growth software companies in their earliest stages turn to venture capital and occasionally venture debt to fund their growth. These traditional sources of capital leave startups with expensive and offline solutions that limit their ownership, control, operating flexibility, and ultimately growth. Arc provides SaaS founders with a digitally native tool to fund growth without dilution, tapping into future recurring revenue to pay for operating expenses today.
As the full-service finance platform purpose-built for SaaS startups, Arc is building a community of premium software companies where they can borrow, save, and spend all on a single technology platform. Arc is transforming Wall Street for Silicon Valley — marrying the capital available to mature companies with the consumerized technology experience demanded by technology startups. The company is quickly becoming the home for SaaS founders’ finance needs.
“Arc provides SaaS startups with the funding alternative they deserve, empowering founders to scale without selling an ownership stake in their business or risking insolvency with legacy credit products. Arc was purpose-built for software founders. Our fintech platform eliminates the friction inherent in traditional capital raising while broadening access to non-dilutive capital, helping founders preserve ownership in the business they’ve worked so hard to build. And this is only the beginning — in the coming months, we'll be launching a full suite of financial tools to empower SaaS founders to scale their businesses efficiently and retain control. We want founders to know that when it comes to accessing and managing capital, Arc has your back.”
Don Muir, Arc co-founder & CEO
Unlike conventional banks, Arc leverages technology to programmatically underwrite credit risk, allowing Arc to deploy capital to founders in minutes rather than months. Backend API integrations from companies like Plaid enable Arc to rapidly and securely underwrite credit risk through real-time access to a startup’s financial data. Machine learning allows Arc to drastically improve interpretation of the financial information it receives compared to manual analysis alone. Leveraging Stripe’s banking-as-a-service technology, customers can store and spend their funding from Arc on a single platform designed for software companies. By building on top of these technology solutions, Arc has turned financing on its head, allowing founders to borrow against the future revenue of their company and grow efficiently. With Arc, startups can access the capital they need when they need it — without debt or dilution. Technology-driven financing also removes the biases inherent in conservative financial services — leveling the playing field for founders, especially those outside of Silicon Valley.
NFX founder James Currier joined Arc’s Board of Directors and led the fund’s investment in Arc. Currier commented, “This is the top team going after this space. They met at Stanford GSB and prior to Arc, built consumerized SaaS software in Silicon Valley as well as raised billions of dollars of debt on Wall Street.”
The company has also partnered with Y Combinator, which shares Arc’s mission to help startups grow. Arc was an early member of YC’s Winter 2022 batch, which commenced earlier this week. Jared Friedman, General Partner at Y Combinator, notes, “The Arc team's top-notch execution and the strong market need for this product have caused the YC community to rally behind their success."
Since launching last summer, over 100 startups have signed up for the Arc platform. In the fourth quarter of 2021, the company increased its total funding to customers by over 110x — a period where funding was limited to select launch partners and a waitlist proliferated. To date, the largest segment of customers has been VC-backed B2B SaaS companies seeking to accelerate their growth spend while also prolonging their runway before raising additional equity.
In addition to NFX and Y Combinator, the equity round also included participation from Bain Capital Ventures, Clocktower Technology Ventures, Torch Capital, Will Smith’s Dreamers VC, Soma Capital, Alumni Ventures, Pioneer Fund, and Atalaya Capital Management. Atalaya also provided the credit portion of the investment.
A large number of high-profile angel investors also contributed to the round, including over 100 founders from Y Combinator-backed companies such as Vouch, Observe.AI, Eden Workplace, Teleport, RevenueCat, QuickNode, Dover, Middesk, Instabug, and Rainforest QA, as well as multiple founders of decacorn fintechs. The ex-Stripe angel syndicate also invested in the round.
Arc is the full-service finance platform for SaaS, providing software startups with the customized financial products they deserve. Founded in 2021, Arc is on a mission to help startups grow by converting future revenue into upfront capital at the click of a button. The company is based in San Francisco and is funded by NFX, Bain Capital Ventures, Clocktower Technology Ventures, Torch Capital, and Y Combinator, among others.