Eclipse leads $21.5M seed round to fuel AheadComputing’s development of next-generation processors that meet the demands of server, client, mobile, and edge computing PORTLAND, Ore., Feb. 19, 2025 /PRNewswire/ — AheadComputing today announced it has secured $21.5M in seed funding to rapidly develop and commercialize its breakthrough microprocessor architecture designed to meet the new, unique computing demands across AI, cloud, and edge devices. The funding was led by Eclipse, with participation from Maverick Capital, Fundomo, EPIQ Capital Group, LLC, and legendary CPU architect and current Tenstorrent CEO Jim Keller, who developed cutting-edge semiconductors for Apple, AMD, Tesla, and Intel. Today, general-purpose computing faces unprecedented challenges due to the rapid expansion…
Author: PRNEWSWIRE
Recognized for Excellence in Managed IT Services, Magna5 Continues to Lead in IT Solutions for Midmarket and Enterprise Clients. PITTSBURGH, Feb. 19, 2025 /PRNewswire/ — CRN®, a brand of The Channel Company, has recognized Magna5 on its Managed Service Provider (MSP) 500 list in the Elite 150 category for 2025. This annual list highlights the top MSPs in North America, known for their innovative managed services that drive business efficiency and IT optimization. Transformative IT SolutionsThe Elite 150 category honors MSPs with a comprehensive service range, including both on-premises and cloud capabilities, tailored for midmarket and enterprise clients. Magna5’s inclusion reflects its commitment to delivering…
Rising industry demand for a comprehensive all-in-one CTEM platform is driving customer acquisition and hypergrowth TEL AVIV, Israel, Feb. 19, 2025 /PRNewswire/ — ULTRA RED, a pioneer in Continuous Threat Exposure Management (CTEM), today announced an extraordinary year of growth in 2024. The company achieved outstanding milestones, more than tripling its customer base year-over-year, more than doubling its Annual Recurring Revenue (ARR) with a 200% increase, and tripling its overall revenue with a 220% surge. This growth is driven by the critical need for organizations to proactively manage their threat exposure and reduce risks amidst the ever-escalating cyber threat landscape. With a perfect…
Powered by cutting-edge visual Agentic AI, Connectivity Guru empowers enterprises to cut costs, drive growth, and retain customers all while offering consumers faster, frustration-free Wi-Fi troubleshooting NEW YORK, Feb. 19, 2025 /PRNewswire/ — TechSee, a leader in visual agentic AI, today announced the launch of Connectivity Guru, a first-of-its-kind purpose-built Agentic AI solution designed to transform the way Wi-Fi issues are diagnosed and resolved. Powered by TechSee’s proprietary Sophie AI technology, Connectivity Guru helps enterprises streamline Wi-Fi troubleshooting, reduce operational costs, and improve customer satisfaction by automating issue detection and resolution with real-time AI-powered diagnostics and 3D heatmaps. This innovative solution empowers telecom…
BASKING RIDGE, N.J. and SAN DIEGO, Feb. 19, 2025 /PRNewswire/ — Ascendion, a trailblazer in AI-driven software engineering, is proud to announce it has partnered with Axos Bank, the nationwide bank subsidiary of Axos Financial, Inc. (NYSE: AX). The partnership will redefine high-net-worth banking and accounting by delivering improved customer experiences on Axos Bank’s Zenith platform. Ascendion will leverage its AI-powered engineering systems for Zenith – a multi-entity, all-in-one solution for accounting, cash management, bill pay, payroll, relationship management, and integrated banking – that supports business management companies serving the entertainment industry. The partnership will create a dynamic, turnkey platform that saves Axos client’s time by…
TORONTO, Feb. 19, 2025 /PRNewswire/ – Next Pathway Inc., the Automated Cloud Migration Company, announces significant improvements to its SHIFT Product Platform, powered by cutting-edge AI models and advanced infrastructure innovations. These enhancements elevate the platform’s ability to streamline cloud migration projects, delivering unprecedented speed, accuracy, and efficiency. Our engineering team has integrated AI to revolutionize how CRAWLER360™ crawls data warehouses and data lakes—both cloud-based and on-premises. This new capability distills valuable insights from vast data environments, improving migration planning and empowering clients to better prepare for complex cloud migration initiatives. Using AI to improve our crawling capabilities has allowed us to deliver better, faster reports which…
SAN DIEGO, Feb. 19, 2025 /PRNewswire/ — SOCi Inc., the leader in AI-powered marketing solutions for multi-location businesses, today announced it has been named to G2’s 2025 Best Software Awards, placing #63 on the Best Global Software Companies list. In addition, SOCi placed #48 on the Highest Satisfaction Products list and #28 on the Best Marketing and Digital Advertising Software Products list. “The SOCi platform has revolutionized how multi-location businesses tackle their most pressing marketing challenges, automating complex workflows across search, social media, and reviews,” said Ben Brownlee, Chief Customer Officer, SOCi. “Today, we serve nearly 1,000 brands and manage marketing for 3.7 million business…
Driving the Greatest Cost Savings and Efficiency Gains Where It Matters Most—A&D Manufacturing’s Model-Based Enterprise LAKE FOREST, Calif., Feb. 18, 2025 /PRNewswire/ — iBase-t, the global leader in cloud software for Aerospace and Defense industries, announces Teledyne CML Composites, UK has chosen iBase-t’s Solumina Manufacturing Execution System (MES) and Enterprise Quality Management System (EQMS) to revolutionize its shop floor operations. This partnership will enable Teledyne to identify and implement opportunities for cost and cycle time reduction while addressing key challenges in technician hiring and training. Brian Hynes, NPI & Engineering Manager, at Teledyne CML Composites stated, “At Teledyne we understand the critical importance of digital…
PALM BEACH GARDENS, Fla., Feb. 18, 2025 /PRNewswire/ — Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, today announced that its venture group, Carrier Ventures, is leading an investment and technology partnership with ZutaCore®, a disruptive innovator of two-phase direct-to-chip liquid cooling technology for data centers. This investment aligns with Carrier’s strategy of providing high-tech, integrated cooling solutions to meet the critical cooling needs of data center customers. The global data center cooling market is projected to reach $20 billion by 2029, and liquid cooling is projected to grow at a 39% CAGR over the same period. “Direct-to-chip liquid cooling is essential for…
New Strategic Partnership Enhances Customer Experience with GenAI-Powered Roleplaying for GTM Enablement, Leadership Development, and Employee Upskilling ATLANTA, Feb. 18, 2025 /PRNewswire/ — Intellum, the world’s leading customer education and learning management platform, is proud to announce a strategic partnership with Yoodli, an AI-powered conversation and roleplaying solution. This collaboration brings GenAI-driven video assessments directly into the Intellum Platform, enabling organizations to revolutionize skill-building and coaching at scale. Transforming Learning Through AI This partnership aligns Intellum’s expertise in learning strategy with Yoodli’s AI-driven roleplaying technology to deliver highly personalized and scalable skill development. By embedding AI coaching into learning workflows, organizations can…