The self-serve infrastructure management platform is helping companies adopt the future of DevOps.

LEWES, Del., Sept. 4, 2023 — Facets.cloud, a self-serve infrastructure management platform, has raised $4 million in a seed funding round led by 3one4 Capital. The platform helps improve developer productivity by streamlining and productizing cloud deployment workflows.

Facets was co-founded in 2021 by Anshul Sao, Pravanjan Choudhury, and Rohit Raveendran – all three are alumni of IIT-KGP.

Modern DevOps practices today entail Ops teams stitching together 32 categories of toolchains to manage environment provisioning, releases, observability, and other aspects of the cloud delivery process. This approach requires a mind-numbing amount of effort to maintain, update and keep in sync with the ever-changing requirements. This poses a distraction for organizations from their core business offerings.

“Cloud delivery of products is an incidental complexity that businesses have to deal with. Anything that’s not core to your business and taking away your Developers’ time is noise and needs to be productized,” says Pravanjan Choudhury, founder and CEO at Facets.

Facets streamlines all the cloud deployment processes into an Internal Developer Platform, making it easy for Developers to self-serve their infrastructure needs. This new way of attempting cloud delivery is called Platform Engineering and Facets is designed to help companies adopt this practice.

Commenting on the funding, Choudhury said: “The infusion of $4 million is a testament to the immense potential of Facets and the platform engineering philosophy we embody. We are grateful for the trust shown by 3one4 Capital and other investors.“

Before Facets, Choudhury worked as the CTO of Capillary Technologies for close to 10 years. Anshul Sao was previously the Chief Architect at Capillary Technologies and also worked at Yahoo, while Rohit Raveendran was the Principal Architect at Capillary. Facets is used by companies like MPL, Treebo, Capillary Technologies, Purplle, among others.

“Facets is a game-changer for complex DevOps setups. By automating last-mile cloud delivery as a product, it empowers businesses with self-service infrastructure management, enabling enhanced efficiency and positioning them as industry leaders. Their approach to platform engineering has the potential to transform the landscape. We believe in the immense potential of Facets to redefine how organizations manage their DevOps and are proud partners in their growth journey,” stated Anurag Ramdasan, the lead partner from 3one4 Capital.

Facets aims to use this capital to expand in the US market, promote and advance the platform engineering philosophy and enhance its product offerings.

Other investors who participated in the round were 100x Entrepreneurs (now Neon), and prominent angels like Abhinav Asthana, Pallav Nadhani, Aneesh Reddy, Krishna Mehra, and Sreedhar Pedinneni, among others.

About Facets.cloud:

Facets is a ready-to-use Internal Developer Platform that enables self-serve deployment and standardizes DevOps workflows. Built on the philosophy of platform engineering, Facets helps Devs self-serve their infra needs. Visit www.facets.cloud

Photo: https://mma.prnewswire.com/media/2200849/Facets_cloud_Founders.jpg
Logo: https://mma.prnewswire.com/media/2200848/Facets_cloud_Logo.jpg

SOURCE Facets.Cloud India Private Limited

HELSINKI, Sept. 4, 2023 — ReOrbit, a Helsinki-based leading provider of software-enabled satellites, has completed an oversubscribed Seed funding round for US $7.4M, led by Inventure VC, along with participation from 10x Founders, existing investor Icebreaker.vc, Expansion, and Yes VC.

ReOrbit enables real-time dataflow in space and provides Earth Observation and SatCom operators with flight software, satellite platforms, and complete systems. Thanks to its highly flexible software-first architecture, ReOrbit can adapt its satellites to different missions and support any payloads with powerful flight capabilities whilst keeping cost and time-to-orbit low. ReOrbit has been profitable since it was founded, gaining strong traction with customers ranging from governmental and institutional sectors to commercial satellite operators.

“This is a very important milestone for ReOrbit, and we are thrilled to have secured this significant support from our new and existing investors,” says Sethu Saveda Suvanam, CEO and Founder of ReOrbit. “Our outstanding team is dedicated to delivering cutting-edge solutions that meet the highest global quality, security and operability standards. We can now accelerate our development strategy focusing on international expansion and products that make a difference. We have a very strong pipeline, and this funding will enable us to deliver multiple space systems”.

“ReOrbit represents the next frontier of the new space economy. We are happy to support the rapid growth of the company and its continuous impressive work on advancing breakthrough technologies in space.”, says Tuomas Kosonen, Partner at Inventure VC.

ReOrbit’s Board of Directors is led by the Chairman of the Board Nishant Batra, Chief Strategy and Technology Officer of Nokia, and includes esteemed members Tuomas Kosonen, Partner at Inventure VC, Markus Räikkönen, Investor at YES VC, Sethu Saveda Suvanam, CEO and Founder of ReOrbit, and John Auburn, Chief Strategy Officer of ReOrbit.

About ReOrbit

ReOrbit provides autonomous and interconnected satellites that are optimized for efficient and reliable delivery of customers space-related data. ReOrbit is creating the most compelling in-space data flow company by augmenting world’s information use via space.

ReOrbit works with the most prominent entities within security, satcom and Earth observation. Our technology is supported by Business Finland, the European Space Agency and the European Commission.

Founded in 2019, ReOrbit is headquartered in Helsinki, Finland with additional offices in Sweden and Argentina. For more information, please visit https://www.reorbit.space/

Contact
Media Contact:
Jana Avdeeva, Marketing Manager, ReOrbit
[email protected]
+358 504344104

SOURCE ReOrbit Oy

BREA, Calif., Sept. 1, 2023 — The Labor Day weekend may be a reprieve for many, but in the unforgiving digital battleground, there is no ceasefire. Cyber threats don’t take holidays, and neither do we. ThreatHunter.ai stands tall, a relentless sentinel in a world where a single breach can decimate reputations, finances, and futures.

Our Breach Hotline: 714-451-8803 isn’t a courtesy; it’s a necessity. It’s not just an emergency line; it’s a warline. Whether you’re an existing ally or find yourself blindsided by an unforeseen cyber assault, we’re your rapid response, ensuring immediate countermeasures.

James McMurry, CEO of ThreatHunter.ai, articulates it best: “Our team isn’t just dedicated; they’re battle-hardened. While the world seeks respite this Labor Day, our Threat Hunters are on the frontlines, eyes wide, senses sharper than ever, ready to strike back.”

At ThreatHunter.ai, we’re not just reactive; we’re predatory. We hunt threats before they hunt you. Our Expert Human Threat Hunters, armed with our ARGOS Platform, the best Intel and Counter-Intel from our 1MC Labs team, and the latest tools and an aggressive mindset, ensure that we’re not just another player; we’re the apex predator in the cybersecurity ecosystem.

The harsh lessons of the past, like previous holiday periods of catastrophic breaches at non customers, are not lost on anyone. They’re our fuel. ThreatHunter.ai operates with a sense of urgency, acknowledging that in the brutal cyber realm, even a second’s delay can be fatal.

But our ethos goes beyond just defense. We believe that when the digital hounds are at your door, everyone deserves a fighting chance.

Our Breach Hotline isn’t exclusive; it’s for every panicked call, every desperate plea, customers or not.

As you navigate the Labor Day celebrations, remember; in the ruthless digital wilderness, threats are always lurking.

But with ThreatHunter.ai by your side, they’re the ones who should be afraid.

If you are experiencing a breach, remember to call us 714.451.8803

Or email [email protected]

Semper Paratus.

About Threathunter.ai

ThreatHunter.ai, a 100% Service-Disabled Veteran Owned Small Business, is a leading provider of AI-driven threat hunting solutions. Its advanced machine learning algorithms and expert analysis help organizations detect, identify, and respond to cyber threats. Its solutions are designed to supplement existing security resources and provide a fresh perspective on how to address today’s complex cyber threats.

Don’t miss the opportunity to safeguard your organization with the unparalleled cybersecurity protection offered by ThreatHunter.ai.

Visit our website at www.threathunter.ai to explore our unique approach, learn more about our cutting-edge solutions, and discover how we can empower your business to stay ahead of cyber threats.

To speak with our experts or schedule a personalized demo, reach out to our sales team at [email protected] or call 714.515.4011.

Take action today and ensure the security and resilience of your digital infrastructure.

Media Contact:
Lydia Coulter
[email protected]
714-515-4011

SOURCE ThreatHunter.ai

VERO BEACH, Fla., Sept. 1, 2023 — Clear Current Capital hits its 6-year milestone today! The targeted impact VC firm which closed its Fund ll earlier this year, focuses on early-stage investments in companies within the sustainable food and food tech industries.

Fund ll continues CCC’s mission of catalyzing sustainable change in the food system by backing world-class founders and helping to build companies that create solutions around food sustainability, animal welfare, health, and climate impact.

Curt Albright, Managing Member of CCC, brings over 30 years of senior-level finance experience in balance sheet management, risk assessment, and early-stage investing. Albright founded CCC in 2017 to focus on making investments that reflected his passions and values, and providing investors with market access to returns and impact in the sustainable food arena.

“We are fortunate to work with outstanding LPs who understand the urgency needed to support the food system right now,” says Albright. “Many of our LPs in this fund have been with us since Fund I, and we are excited to welcome new LPs on board with our second fund, as well.” 

Fund ll has already made great strides in investing in nine companies across North America, Europe, and APAC. The Fund will look to create a portfolio of ~20 sustainable food companies in total.

“It is important now, more than ever, to fund solutions to key challenges facing the shift to a sustainable food system on a global scale,” says CCC’s Principal Steve Molino, who leads diligence and new investment efforts. “Fund II has already backed some incredible founders, and we are excited to continue partnering with entrepreneurs addressing pain points and opportunities in the space.”

On this anniversary, CCC is driven and energized about the future. “What sets us apart is our focus, experience, and culture. We’ve cultivated a phenomenal community of LPs and companies over six years. As we celebrate our six-year milestone, we are looking ahead to support more companies that can deliver innovation, solutions, and returns,” says Principal Kim Flores.

About Clear Current Capital:

Clear Current Capital is a targeted impact venture capital fund investing in early-stage plant-based food, cell-cultured meat companies, and food tech.
For further information about Clear Current Capital, please visit www.clearcurrentcapital.com.

Media Contact

Curt Albright
[email protected]
704-363-9140

SOURCE Clear Current Capital

The $50,000 Grand Prize Winner will be announced Sept. 18 at the Grand Finale Event

MINNEAPOLIS, Sept. 1, 2023 — MN Cup, the nation’s largest statewide startup competition, is excited to announce nine emerging companies have won their respective divisions, securing cash awards and moving forward to compete for this year’s $50,000 grand prize.

The nine Division Winners were selected from an initial pool of more than 3,000 entrepreneurs across Minnesota. Division winners receive $25,000 in non-dilutive cash prizes and a shot at the grand prize. The Youth division awards a total prize of $20,000 — the first-place winner will receive $10,000, and the second and third-place winners and semifinalists will divide up the remaining funds. Competitors in every division are also eligible to win dedicated prizes funded by The Southern Minnesota Initiative Foundation, Carlson Family Foundation and MEDA.

Each company will present to the Grand Prize Review Board during the Grand Finale event, which will be held from 4-7 p.m. on September 18 at the McNamara Alumni Center on the University of Minnesota Twin Cities campus. During the event, the Grand Prize Winner and other special awards will be announced. To attend, click here.

MN Cup’s 2023 Division Winners are:

ENERGY, CLEAN TECH & WATER: Carba

EDUCATION & TRAINING: Radar Talent Solutions

FOOD, AGRICULTURE & BEVERAGE: Quebracho Empanadas

GENERAL: REMastered Sleep

HIGH TECH: Raise a Hood

IMPACT VENTURES: Xanthos Health

LIFE SCIENCE & HEALTH IT: Glimpse Diagnostics

STUDENT: Nivoso

YOUTH: SafeSphere

A record number of unique business plans were submitted this year — a 17 percent increase over last year. Participation continues to reflect MN Cup’s priorities of increasing representation with 43% Women-led, 38% BIPOC-led and 31% Greater Minnesota-led companies applying.

MN Cup is a free, annual competition that identifies, supports, and connects early-stage ventures throughout the state. Since 2005, MN Cup has supported over 23,000 entrepreneurs and awarded more than $5 million of non-dilutive cash prizes to MN-based startups who have gone on to raise more than $1 billion. For more information, visit mncup.org. 

About MN Cup:
MN Cup is a community-led, public-private partnership that brings together corporations, investors, foundations, government and skilled volunteers to support Minnesota’s entrepreneurs. MN Cup is a program of the Holmes Center for Entrepreneurship at the University of Minnesota’s Carlson School of Management. To learn more, visit mncup.org.

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Media Contact: Megan Rogers
612-351-8441
[email protected]
mncup.org

SOURCE MN Cup