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Series D Round Led by Tiger Global Management, Catapulting Company Valuation to $1.4B

SAN FRANCISCO-Tuesday 9 February 2021 [ AETOS Wire ]

(BUSINESS WIRE) -- Kong Inc., the cloud connectivity company, today announced it has closed $100 million in Series D funding, led by Tiger Global Management with participation from existing investors Index Ventures, CRV, GGV Capital and Andreessen Horowitz as well as new investor Goldman Sachs. This latest round brings Kong’s total funding to $171 million, tripling its valuation to $1.4 billion since the Series C round. Kong will use the capital to scale its go-to-market operations, grow world-class Engineering and Customer Experience teams, and accelerate cloud connectivity with its new SaaS-based Kong Konnect service connectivity platform.

“The shift to digital and cloud has been revolutionary across all fronts, quickly propelling developer-led organizations and API-first companies to the forefront,” sa ... Read more »

One-time Bonus for employees worth Rs 700+ crores

TAIPEI, Taiwan-Monday 8 February 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- Asia’s largest ICT show, COMPUTEX Taipei, is rolling out its first in Online-Merge-Offline (OMO) hybrid exhibition this year. COMPUTEX 2021 Hybrid combines the onsite exhibition with #COMPUTEXVirtual for an exceptionally vibrant, accessible, comprehensive show and customer experience. In addition, #InnoVEXVirtual will be held on a parallel track. Through the virtual experiences, COMPUTEX aims to help industry leaders and startup companies get the best exhibition performance results and greatest value.

COMPUTEX onsite Exhibition

The onsite COMPUTEX will take place at the Taipei Nangang Exhibition Center, Hall 1 & 2, from June 1-4. This year’s exhibition will revolve around seven major themes: 5G, AI & IoT, Edge Computing, High-Performance Computing (HPC), Cyber Security, Gaming, and Innovations & Startups. These themes showcase Taiwan’s historical and future su ... Read more »

Strategic transformation partnership expands HCL’s global footprint

NOIDA, India-Thursday 4 February 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- HCL Technologies (HCL), a leading global technology company, today announced it has signed a five-year Digital Workplace Services Agreement with Airbus. HCL will establish a modernized digital workplace to enhance the user experience and service quality for the majority of Airbus employees globally. HCL was selected as Airbus’ preferred partner as it was able to offer the broadest combination of standard functionality and innovation capabilities to generate greater efficiency and improved time to market. HCL’s Fluid Workplace Model will enable Airbus to deploy the latest digital technologies and will rapidly simplify Airbus’ existing IT processes and optimization of delivery costs, using unique end-to-end management services to cover the information and operational technology landscape.

“We&rs ... Read more »

New semi-conductive polymer nanocomposite provides higher power retention in high temperatures

LONDON-Monday 8 February 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today unveiled its newest self-regulating heating cable, the nVent RAYCHEM HTV. The new heating cable will be used in critical industrial applications with high exposure or maintain temperatures. With superior levels of high power retention during a design life of more than three decades, the brand new self-regulating heating cable, nVent RAYCHEM HTV meets stringent demands for maximum process integrity while protecting people, processes and infrastructure.

“Growth in specialty polymers, new lightweight materials, biofuels, recycled goods, and innovative chemical processes demand heating cables that can operate at increased temperatures for prolonged periods,” said Br ... Read more »

The Hotwire Ignite Possibility Program provides pro bono brand, marketing, and public relations services to qualifying tech and tech-enabled organizations that are minority-led or providing a product or service benefitting minority communities

NEW YORK-Wednesday 3 February 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- Hotwire, the global technology communications consultancy, today announced it will commit up to $1 million in services to support tech and tech-enabled organizations led by or supporting minority communities. The Program is part of Hotwire’s Diversity, Equity, and Inclusion (DEI) strategy to amplify people and organizations creating meaningful and sustainable change in the world through technology innovation.

“We started the Hotwire Ignite Possibility Program to direct more of our resources to organizations that align with our diversity, equity, and inclusion goals,” said Barbara Bates, CEO. “We have been providing pro bono servi ... Read more »