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Archive by category Internet & Software

ETC Simulation Awarded Multiple Contracts for Their Advanced Disaster Management Simulator (ADMS™) Totaling $2.8 Million

SOUTHAMPTON, Pa., March 8 (Korea Bizwire) – Environmental Tectonics Corporation’s (OTC Pink: ETCC) (“ETC” or the “Company”) Simulation business unit, located in Orlando, FL, announced today the award of multiple contracts totaling $2.8 Million for customers in the United States, Europe, and Asia. The multiple contracts include orders for new ADMS systems, expansion of existing systems, and [...]

Synchronoss Announces Appointment of Jeff Miller as Permanent CEO and President

BRIDGEWATER, N.J., March 8 (Korea Bizwire) – Synchronoss Technologies, Inc. (NASDAQ: SNCR), a global leader and innovator of cloud, messaging and digital solutions, today announced that its Board of Directors has confirmed Jeff Miller as its President and Chief Executive Officer. Miller had been serving as interim President and CEO of Synchronoss since September 2020 and joined Synchronoss [...]

Webscale Raises $26 Million in Growth Financing to Accelerate Ecommerce

SANTA CLARA, Calif., March 4 (Korea Bizwire) – Webscale, the Safest Cloud for Ecommerce, today announced the closing of $26 million in growth capital financing from investors and Silicon Valley Bank. The Series C round was led by BGV, STCAP Ventures and Mohr Davidow Ventures, with participation from Grotech Ventures. This investment in Webscale’s comprehensive ecommerce platform is more pertinent than ever. [...]

Feedzai Recognized in NowTech: Enterprise Fraud Management, Q1 2021 Report

SAN MATEO, Calif., March 2 (Korea Bizwire) – Feedzai, the world’s leading cloud-based risk management platform announced today that it has been recognized in Forrester’s NowTech: Enterprise Fraud Management, Q1 2021 report. The report provides an overview of 37 Enterprise Fraud Management (EFM) providers. The report is designed to help security and risk professionals understand the value [...]

Mandiant Issues Final Report Regarding Accellion FTA Attack

PALO ALTO, Calif., March 1 (Korea Bizwire) – Accellion, Inc., provider of Kiteworks, the industry’s first enterprise content firewall, today issued a statement with regards to the previously reported cyberattacks on Accellion’s legacy File Transfer Appliance (“FTA”) product. As previously disclosed, Accellion engaged FireEye Mandiant, a leading cybersecurity forensics firm, to conduct an investigation into the sophisticated [...]

Alphawave IP and VeriSilicon Expand Partnership with $54m Multi-Year Exclusive Subscription Reseller Agreement for China Market

TORONTO, Feb. 26 (Korea Bizwire) — Alphawave IP, the world leader in multi-standard connectivity IP solutions, today announced that it has negotiated a $54M multi-year exclusive subscription reseller agreement with VeriSilicon for the China market. Under the terms of the agreement, VeriSilicon will be Alphawave’s exclusive IP reseller for Alphawave’s entire IP portfolio for the [...]

Microsoft to Establish First Datacenter Region in Indonesia as Part of Berdayakan Ekonomi Digital Indonesia Initiative

JAKARTA, INDONESIA, Feb. 25 (Korea Bizwire) - Microsoft today announced its Berdayakan Ekonomi Digital Indonesia initiative, which marks a significant commitment to advancing growth and digital transformation for Indonesia, its vibrant developer and startup ecosystem, enterprises, and the public sector. As part of the plan, Microsoft will establish its first datacenter region in Indonesia to deliver trusted cloud services [...]

Arcserve and StorageCraft Sign Definitive Agreement to Merge

EDEN PRAIRIE, Minn. and DRAPER, Utah, Feb. 24 (Korea Bizwire) — Arcserve, the world’s most experienced data and ransomware protection provider, and StorageCraft, whose mission is to protect all data and ensure its constant availability, today announced that they have signed a definitive agreement to merge. Once completed, the merger of the two highly complementary [...]

Wasabi Announces the Return of IT Pro Nate, the Everyday Hero, Asking “Can You See It Now?”

Boston, Feb. 23 (Korea Bizwire) – Wasabi, the hot cloud storage company, today launched its second digital campaign (#MigrateWithNate) featuring ‘Nate,’ the IT guy returning with another critical message for businesses leaders: “Can you see that you are overpaying for your data storage, but migrating to Wasabi can save you thousands a year?” Wasabi continued to work [...]