BOSTON, Sept. 10, 2024 — Smartcat, the enterprise language AI platform, today announced $43 million in Series C funding to accelerate its expansion. Smartcat’s simple, intuitive platform uses AI to translate and create content for global enterprises, realizing significant ROI savings over traditional solutions. The round was led by Left Lane Capital. The financing will support the growing demand for Smartcat’s AI-based translation and multilingual content generation solutions.

“Smartcat is known for bringing AI innovations to the enterprise in both translation and content creation. This new funding recognizes our success to date and will help accelerate our current and future AI offerings for global teams” said Founder and CEO Ivan Smolnikov, who has two decades of experience in enterprise language tech and AI, and is building a second successful company in this space. “We are grateful to Left Lane and our existing investors who continue to support our mission to be the comprehensive enterprise language AI solution for global teams, offering dozens of use cases across multiple departments.”

Vinny Pujji, Managing Partner at Left Lane Capital, added, “Smartcat’s leadership team has a solid track record of serving the enterprise translation market with a unique AI solution. As an early market mover, the company has a broad portfolio of customers and is uniquely positioned to compound the depth and quality of their product offering, continuing to lock-in competitive advantages over time.”

Among its dozens of corporate use cases, including for learning & development, marketing, and product, Smartcat has recently released a full-cycle, multilingual AI video translation and dubbing solution for its over 1,000 enterprise customers including over 20% of the Fortune 500.

Smartcat also launched its first-in-class AI solution for the creation of learning content. Learning & Development teams can now create all of the learning content they need in any language including full courses, microlearnings, videos, quizzes, and AI video avatars. Smartcat’s global enterprise clients have been quick to adopt this solution, allowing them to meet the ever-growing demand for learning content without the need for additional resources. 

“Smartcat’s high quality AI translation, collaborative workflows, and proprietary network of human editors has transformed our global operations by delivering superior translated content in hours instead of months and for a fraction of the cost compared to our previously outsourced solution,” said Mark Stauffer, Senior Learning & Development Manager for Brink’s. “Smartcat’s ease of use means any corporate team member can adopt it and quickly realize its benefits in a matter of days. Beyond translation, Smartcat’s AI for learning content has streamlined the course creation process allowing us to develop full courses and microlearnings in minutes, using natural language inputs. It’s groundbreaking.”

Smartcat’s AI continuously learns from your team and ever-expanding enterprise corpora to improve quality. With an unlimited seat model for global collaboration, Smartcat is one of the most effective solutions delivering outsized ROI for clients. Global teams can also use Smartcat AI to source editors through its proprietary, automated worldwide expert network of over 500,000 to help with content review when there are capacity constraints.

Clients continue to see outstanding results in terms of quality, turnaround time, and cost as it relates to AI multilingual content generation and AI translation. Many report creating 10 times more multilingual content with the same budget and in a fraction of the time. This in turn accelerates their global operations across the enterprise including sales, marketing and learning & development.

ABOUT SMARTCAT
Smartcat is the enterprise language AI platform. The cloud-based solution has over 100 use cases for all kinds of teams, including learning & development, marketing, localization, product, and ecommerce. Smartcat’s client-tailored language AI translates any content into any language (over 280) and allows global teams to generate new content from existing corporate materials, making global operations simple for corporate teams. More than 1,000 global enterprises, including 20% of the Fortune 500, trust Smartcat to communicate all over the world.

To learn more about Smartcat and its AI solutions, visit www.smartcat.com.

ABOUT LEFT LANE CAPITAL
Founded in 2019, Left Lane Capital is a New York and London-based global venture capital and growth equity firm investing in internet and technology companies with a consumer orientation. Left Lane’s mission is to partner with extraordinary entrepreneurs who create category-defining companies across growth sectors of the economy, including software, healthcare, e-commerce, consumer, fintech, medtech, and other industries. Select investments include Kings League, LOVB, Bilt Rewards, Blank Street, M1 Finance, Wayflyer, Masterworks, Talkiatry, Kittl, and more.

For more information, please visit www.leftlane.com.

SOURCE Smartcat

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With $3.5 million seed round led by True Ventures, Zephyr Cloud has reimagined micro frontend deployment offering an intuitive platform for deploying MFEs at scale in seconds

ATLANTA, Sept. 10, 2024 — Zephyr Cloud’s platform for micro frontend deployment, observability, and orchestration, has raised $3.5 million in seed funding round led by True Ventures‘ Puneet Agarwal, with additional investment from Step Function, Ninja Capital, and Night Capital. The financing will accelerate Zephyr Cloud’s ability to simplify the complex world of frontend architecture for organizations looking to modernize and scale their web and mobile frontend infrastructures.

The Birth of Zephyr Cloud: From Consulting to Innovation

After years of consulting around modernization of frontends through the use of Module Federation (MF) and Micro Frontends (MFE) for some of the world’s largest organizations, Zephyr Cloud CEO Zack Chapple and CTO Dmitriy (“Dima”) Shekhovtsov co-founded the company in August 2023.

“Almost two years ago, Zack Jackson, Dima and I bootstrapped and built the first iteration of our platform,” explains Chapple. “It was an observability platform that provided instant version switching and visualizations of MFE connections. Yet as enterprises and communities adopted it, feedback made it clear they needed more from the product. People wanted faster development cycles and more streamlined deployments. That’s how Zephyr Cloud was born.”

“The first time we saw near-instant deployment to the edge, we had to stop and reflect. It’s transformative,” Chapple recalls.

The rise of MFE has transformed how organizations think about frontend development. First gaining widespread attention when ThoughtWorks added MFE to its Tech Radar in 2016, it has since been in “Adopt” since 2019, and the concept was quickly complemented by Michael Geers‘ book on Micro Frontends and Zack Jackson’s introduction of MF. The overall MFE ecosystem is cataloged by Natalia Venditto on Micro-frontend.dev.

“Micro frontends are more than just a technical choice—they are a strategic business decision,” says Chapple. “Adopting MFE impacts everything from team structure and development velocity to deployment efficiency and business agility. Zephyr Cloud was built to simplify these complexities.”

A Seamless Solution for Modern Development Needs

Zephyr Cloud’s cloud-agnostic and framework-agnostic platform offers npm packages for Rspack/webpack and Vite/Rollup that can be used with as little as a single line of code added to your bundler config. This simple change allows for the fastest deployments of frontends, taking developers from code to deployment in 400ms on average. Developers and enterprise organizations can also bring their own cloud (BYOC). Zephyr Cloud already integrates effortlessly with Cloudflare and Netlify. Support for Akamai, AWS, Azure, GCP and other cloud providers are already in progress.

Whether you have existing infrastructure or are starting fresh, Zephyr Cloud makes it easy to get up and running, providing a seamless experience. The theme of ease of use is also understood by the cloud providers themselves.

“Zephyr Cloud takes our already easy to use developer experience and adapts it beautifully to better support complex environments with micro frontends,” shares Netlify CEO Mathias Biilmann. The platform addresses critical pain points in the micro frontend community, including faster development cycles, reduced deployment friction, and easier integrations with modern infrastructure.

Zephyr Cloud is not just about technology—it’s about empowering teams to work more efficiently as well. By bridging the gap between development speed and deployment efficiency, Zephyr Cloud empowers companies to adopt MFE architectures that drive both innovation and business agility.

Positioned for Rapid Growth

With its seed funding, Zephyr Cloud plans to expand its platform capabilities and build an ecosystem of tools that make MFE development more intuitive and scalable. “We’re committed to evolving with the needs of the community, just as we’ve done from the beginning,” adds Chapple. Enthusiasm from both early adopters and investors reflects Zephyr Cloud’s potential for widespread adoption.

“The Zephyr Cloud team has built a powerful and ubiquitous open-source community, Module Federation, and is now continuing to advance micro frontend deployment to a new level of efficiency,” said Puneet Agarwal, partner at True Ventures. “The results in reducing deployment time and scaling frontend infrastructures are remarkable. They are true problem solvers, and we love that.”

“I’m thrilled to be supporting Zack and the Zephyr Cloud team in this round,” says Will Lehmann, founder and general partner of Step Function. “Zack’s tenacity is off-the-charts, and I’m excited about a world where the best frontend and mobile teams use micro frontends to provide better experiences for developers and users alike. Zephyr Cloud is positioned to be the enterprise-scale platform of choice.”

About Zephyr Cloud
Zephyr Cloud is the next-gen foundational tool in the development of micro frontends, providing unparalleled speed, flexibility, and observability. As more organizations shift towards MFE, Zephyr Cloud is ready to meet the demand, driving the next wave of frontend innovation. For more information on Zephyr Cloud and to see Zephyr in action, visit their site or their documentation site to get started.

Press Contact
Sika Noxolo
[email protected]

SOURCE Zephyr Cloud Inc.

NEW YORK, Sept. 10, 2024 — Cambridge Wilkinson (“CW”) is pleased to announce the closing of a $25MM co-invest vehicle for a private fully-licensed, GSE-approved Client. Our Client provides institutional clients with the opportunity to participate in the niche Mortgage Servicing Rights (“MSR”) asset class as an inherent interest rate hedge and as a direct investment as well. The invested capital will be used to purchase pools of bulk and flow MSRs on behalf of institutional clients based upon their individual respective risk/return parameters. This equity investment will have the ability to grow over time.

“We are seeing a meaningful uptick in demand from our institutional investors for niche, yet scalable, real estate related opportunities with institutional caliber management teams who have meaningful track records. Our investor network is currently guiding us to deliver $25MM – $300MM opportunities, but with that said, we are also currently negotiating a term sheet for $5BLN for a real estate related client of ours as well. High quality real estate related transactions large and small, with institutional track records are getting significant attention again from what we are seeing,” said Rob Bolandian, Co-Founder and Global Head of Investment Banking at Cambridge Wilkinson.

www.cambridgewilkinson.com

About Us:

Cambridge Wilkinson is a leading global investment bank with the speed, connections, and the confidence to get transactions done. With a focus on middle-market companies, we arrange debt and equity capital raises from $25 million to $5 billion and advise on mergers and acquisitions. In addition, we also provide flexible and scalable leverage facilities and credit facilities for private equity funds and alternative credit funds which range from $25 million to $2 billion. We bring deep experience working with specialty finance institutions, real estate entities, funds as well as businesses spanning a variety of other industries. We offer unique access to a broad network of capital sources including large family offices, credit funds, banks, non-bank credit groups, insurance companies, private equity, sovereigns, and endowments.

All securities assignments are completed through Avalon Securities, Ltd. a FINRA member and SEC registered broker-dealer.

Rob Bolandian, Co-Founder & Global Head of Investment Banking
[email protected]

Howard Chernin, Co-Founder & Chief Operating Officer
[email protected]

SOURCE Cambridge Wilkinson

FRANKFURT, Germany, Sept. 10, 2024 — Qualifyze, a trusted company in supplier risk management in the Life Sciences industry, today announced $54 million in Series B funding from global software investor Insight Partners, with participation from existing investors HV Capital, HarbourVest Partners, H14 and Cherry Ventures. With the new funding, Qualifyze aims to expand its operations into the US market, continue investing in its go-to-market strategy, and enhance its technology to improve supplier risk management globally.

Recognized for its global coverage of reliable and high-quality auditing services, Qualifyze offers an integrated audit management platform that streamlines compliance audits for Life Science companies. With a network of over 250 auditors and quality professionals worldwide, the company has ensured the highest quality compliance standards for over 1,200 companies to date by working alongside industry leaders such as Merck, Moehs, DSM, Olon, Siegfried, Teva, CordenPharma, Cipla, Dr. Reddy’s Laboratories, Sun Pharmaceuticals, Sandoz and Mallinckrodt Pharmaceuticals.

Qualifyze’s platform provides a centralized system to manage every aspect of audits (GxP, ESG, ISO, etc.), including planning, execution, and CAPA follow-ups and closure. By leveraging one of the world’s largest databases of pre-existing audit reports and real-time supplier data, Qualifyze allows the quality, procurement, and supply chain functions to assess supplier performance and enable more accurate supplier risk profiling. This enhances overall operational transparency and regulatory adherence and significantly reduces the time and administrative burden typically associated with these processes.

From auditing service to trusted risk management partner

As the Life Sciences industry evolves, drug manufacturers face increasing safety requirements in their supply chain, making supplier management as crucial as customer relations. According to Gartner’s 2024 findings, leading organizations are shifting from mere resilience to “antifragile” supply chains that leverage disruptions for competitive advantage. This shift highlights why effective supply chain risk management is now essential for ensuring long-term success in an increasingly uncertain environment.

In response to this trend, Qualifyze drew on data from over 3,000 audits conducted in more than 85 countries to launch its first analytics solutions in 2023. This positioned the company as a key partner in strategic risk management, providing unique insights into global compliance trends and supply chain quality. These tools help drug manufacturers meet compliance standards, gain valuable insights into supplier performance, and manage risks, ultimately resulting in faster time-to-market, lower inventory levels, and reduced Costs of Goods Sold.

“We have come a long way from our roots as a third-party auditing organization,” said Dr. David Schneider, Founder and CEO of Qualifyze. “Expanding into the US market, forging strategic partnerships, and scaling our global operations are just the start. We’re doubling down on enhancing our platform to deliver even more powerful insights for Quality, Procurement, and Supply Chain teams. With this funding, we’re positioned to not only lead in supplier risk management but also set new industry standards, driving long-term value and innovation for our clients worldwide.”

With the goal of accelerating supplier qualification and selection, Qualifyze started issuing a proprietary Quality Compliance Rating (QCR) certificate in 2024. The QCR functions like a scoring system, enabling drug manufacturers to quickly identify the most reliable partners while allowing those partners with superior compliance to stand out from their competitors.

Vote of confidence from investors

In addition to expanding operations, this new funding will accelerate Qualifyze’s mission to become the key partner for strategic supplier risk management in Life Sciences by collecting actionable audit data from every supplier in the world, centralized within one digital platform.

“Qualifyze has established itself as a trusted partner for Life Sciences companies by transforming how supplier risk management is approached. We are excited to support David and the Qualifyze team as they expand into the US market and further develop their audit management platform, delivering insights that drive operational excellence and compliance in a complex industry,” said Ryan Hinkle, Managing Director at Insight Partners. As part of the transaction, Hinkle will join Qualifyze’s board of directors.

About Insight Partners

Insight Partners is a global software investor partnering with high-growth technology, software, and Internet startup and ScaleUp companies that are driving transformative change in their industries. As of December 31, 2023, the firm has over $80B in regulatory assets under management. Insight Partners has invested in more than 800 companies worldwide and has seen over 55 portfolio companies achieve an IPO. Headquartered in New York City, Insight has offices in London, Tel Aviv, and the Bay Area. Insight’s mission is to find, fund, and work successfully with visionary executives, providing them with tailored, hands-on software expertise along their growth journey, from their first investment to IPO. For more information on Insight and all its investments, visit insightpartners.com or follow us on X @insightpartners.

About Qualifyze

Founded in 2019, Qualifyze is a leading company in supply chain risk management in the Life Sciences industry, trusted by over 1,200 pharmaceutical and healthcare companies globally. Its suite of digital solutions connects manufacturers, suppliers, and a global network of more than 250 auditors and quality experts for a more streamlined collaboration. With a track record of over 3,000 audits across 85+ countries and the largest and most accurate supplier network and data analytics tools, Qualifyze stands as the all-in-one partner for quality compliance and supply chain risk management processes in the Life Sciences sector.

SOURCE Qualifyze

New investment will enable Form3 to continue its growth journey, develop new products and services, and expand into new territories

LONDON , Sept. 10, 2024 — Form3, the cloud-native account-to-account platform, today announces a new investor, British Patient Capital. Alongside existing strategic and financial investors including Visa, Form3 has now raised a total of $60m in C-series extension funding to continue its growth journey.

This funding will enable Form3 to develop new products and services to help support exponential growth in key markets such as the UK, Europe and the US.

Benyam Hagos, Chief Financial Officer, Form3 says: “British Patient Capital’s investment enables Form3 to continue to deliver mission-critical infrastructure technology for the world’s most established banks and financial institutions.”

Today’s funding announcement follows Visa’s recent investment in Form3 and its cloud-native account-to-account platform. Form3’s vision for the future of next-generation payments infrastructure is supported by major strategic players, including Visa.

Tom Haywood, Managing Director, Direct Investments, British Patient Capital, said: “Form3 has built a leading solution for a challenge that banks worldwide are facing: how to transition to a modern, future-proof payments infrastructure. We are delighted to support them as they take the next steps in their growth journey”.    

About Form3

Form3 is the account-to-account platform. Founded In 2016, Form3 set out to revolutionise the world of payment processing and disrupt the traditional payment infrastructure model, with an always on, cloud-native, Payments-as-a-Service platform. Today, Form3 is trusted by some of the UK’s and Europe’s biggest Tier1 banks and fastest-growing fintechs to handle their critical payments architecture. Form3 has been included in the 2024 Lazard T100 Index and was listed in the 2024 Top 100 Scale-ups in Europe. The company has also been awarded PayTech of the Year and Team of the Year for Form3’s Engineering Team at the UK Fintech Awards 2024, Team of the Year at the Paytech Awards 2024, Engineering Team of the Year at the Europe Fintech Awards 2024 and Best Scam/APP Prevention Innovation at the Datos Insights Impact Awards 2024. 

About British Patient Capital

British Patient Capital Limited is a wholly owned commercial subsidiary of British Business Bank plc, the UK government’s economic development bank. Its mission is to enable long-term investment in innovative firms led by ambitious entrepreneurs who want to build large-scale businesses. Launched in June 2018, British Patient Capital has more than £3bn of assets under management, investing in venture and venture growth capital to support high growth potential innovative UK businesses in accessing the long-term financing they require to scale up. Find out more here.

British Business Bank plc and its subsidiary entities are not banking institutions and do not operate as such. They are not authorised or regulated by the Prudential Regulation Authority (PRA) or the Financial Conduct Authority (FCA). A complete legal structure chart for British Business Bank plc and its subsidiaries can be found on the British Business Bank plc website.

British Patient Capital makes commitments and invests on its own behalf and on behalf of third-party investors whose investments British Patient Capital manages.

The transaction described above does not constitute or imply any endorsement, warranty or recommendation by the UK government, the British Business Bank plc, its subsidiaries or any other party in respect of Form 3.

SOURCE Form3

“Track3D isn’t just a tool; it’s a game-changer for the construction industry,” says Thai Nguyen, Director of Innovation, Hensel Phelps

SAN FRANCISCO, Sep. 10, 2024 — Track3D, a Bay Area-based AI-first startup, building a pioneering reality intelligence platform for the construction industry, announced today that it has secured $4.3 million venture capital seed funding. The funding will propel the adoption of Track3D’s groundbreaking unified reality capture data platform, designed for intelligent, comprehensive, AI-powered construction progress monitoring. The seed round was led by Endiya Partners, with participation from Shadow Ventures, Monta Vista Capital and others. The funds will be used to expand Track3D’s product offerings and bolster its go-to-market efforts.

“Track3D is a unique example of a vertical, AI-first company shaping the digital transformation of a pivotal sector. We believe the time is now for a unified, data-agnostic construction monitoring solution to realize real-time, accurate and cost-efficient progress tracking and deviation analysis. We’re thrilled to back Track3D’s progress, and the team which is driven by the passion to enable structural change in an industry,” says Sateesh Andra, Managing Director, Endiya Partners.

Track3D, co-founded by Chaitanya Naredla (“NK”), Kiran Gutta, and Vineeth Paruchuri, is the built environment’s only AI-first Reality Intelligence Platform. It serves as a central hub for all visual data, transforming reality capture data from a system of record to a system of intelligence. Utilizing visual data from drones, 360 cameras, laser scanners, and mobile devices, Track3D provides actionable insights to enhance project oversight and decision-making within a single intuitive system.

“As a leading venture investor in construction technology, I have seen many companies trying to solve this problem. We invested in Track3D not just because they are giving unprecedented transparency into the construction process but because their technology works with projects of all sizes due to their transformational AI-based computer vision platform. Track3D is not just having an impact on one of the largest industries in the world, but society itself,” says KP Reddy, founder and CEO, Shadow Ventures.

“Track3D brings unique insights and unparalleled value to the industry by leveraging the power of AI and 3D image capture. The results enable macro-scale construction projects to be delivered faster, better, on or below budget. It is an industry game-changer,” says Roger Krakoff, Monta Vista Capital.

“The financial support from these premiere investors is a testament to how bullish the industry is on the Track3D platform,” said Track3D CEO and co-founder NK Chaitanya. “Reality capture isn’t particularly new but Track3D’s Reality Intelligence Platform is a first-of-its-kind unified platform that turns raw data into exponentially more valuable information with advanced AI tools. No more guesswork. Whether you’re in pre-planning, mid-project, or final handover, Track3D acts as your platform for all reality intelligence with a level of detail not offered by any other platform. If you can see it, we can capture and analyze it, without the need for BIM.”

Track3D’s platform has already demonstrated significant impacts, with companies reporting an average of a 15 percent productivity boost by reducing time spent on non-optimal activities, a 12 percent improvement in schedule adherence, and a 20 percent reduction in rework costs. Track3D is experiencing robust growth and engagement, having already secured enterprise clients such as Hensel Phelps and Performance Contracting, Inc. (PCI). The rapid adoption by these industry leaders demonstrates the substantial value they find in Track3D’s reality intelligence platform.

“Our partnership with Track3D marks a pivotal shift from juggling multiple reality capture solutions to embracing a unified, standardized platform. With Track3D, we’ve achieved a perfect synergy of speed, accuracy, and cost-efficiency that’s pivotal for modern construction monitoring,” says Thai Nguyen, Director of Innovation, Hensel Phelps. “Since our initial collaboration in mid-2023, we have expanded our operations from a single pilot to over 30 projects this year alone. The responsiveness and robust support from Track3D have been instrumental, setting us on a promising path to scale to 100 projects next year. Track3D isn’t just a tool; it’s a game-changer for the construction industry, redefining how we approach project monitoring and execution.”

“Track3D has transformed our approach to construction monitoring, allowing us to track a wide array of elements with unprecedented accuracy and minimal dependence on traditional inputs. The platform’s capability for detailed production tracking has brought a new level of specificity and insight into our operations. Within just six months, we’ve successfully scaled our use of Track3D across multiple projects, and we are excited about the prospects for further expansion,” says Brett Dahmer, Vice President, Operations Finance, Performance Contracting, Inc.

About Track3D
Track3D, a Bay Area-based AI-first startup, is dedicated to transforming the construction industry with its pioneering Reality Intelligence Platform. As the built environment’s only AI-first unified reality data capture platform, Track3D serves as the central hub for all visual data, delivering a system of intelligence that transforms raw data into actionable insights. The platform integrates advanced AI tools with data from drones, 360 cameras, laser scanners, and mobile devices into a single, intuitive system. Learn more at https://www.track3d.ai/

Media Contact:
Kira Perdue
Carabiner Communications
[email protected]

SOURCE Track3D

StackGen expands leadership and go-to-market team

SAN FRANCISCO, Sept. 10, 2024 — appCD, the generative infrastructure from code company, today announced the close of its $12.3M seed round, its new identity as StackGen, and the appointment of Arshad Sayyad as Chief Business Officer. The round was led by Thomvest Ventures, with existing investors, FireBolt Ventures, WestWave Capital, and Secure Octane participating. StackGen will utilize the funding to accelerate product development, enhance its go-to-market strategy, and fuel company growth.

“StackGen represents the next evolution of our commitment to revolutionizing infrastructure from code,” said Sachin Aggarwal, Co-founder and CEO of StackGen. “The funding will enable us to meet the growing demand from enterprise customers as we continue to deliver on our vision for the future of infrastructure from code. Our new name encapsulates this vision and mission to provide seamless, full-stack infrastructure solutions that enhance the developer experience and enforce industry standards, while embracing generative AI.”

As stated in the Gartner^® Hype Cycle^™ for Platform Engineering, 2024, “The plethora of cloud infrastructure services across multiple cloud providers makes it difficult for platform engineers and developers to manage infrastructure change at the same pace as application code. Therefore, much like software engineers are productive working with higher-level abstractions using object-oriented programming languages with reusable modules, platform engineers seek similar benefits for improving their productivity and simplifying infrastructure delivery. IfC merges infrastructure and application code into a common programming model and a common programming language. IfC improves development and infrastructure agility by enabling infrastructure to change at the same pace as applications — developers focus on business logic and application architecture while infrastructure code is auto-generated based on organizational standards.”

“Ensuring governance and consistency in deployments is crucial. StackGen provides default standardization, embedding consistency, security, and policy guardrails seamlessly into cloud deployments for enhanced application reliability,” said Arvind Gidwani, CTO, SAP NS2. “StackGen is providing the necessary compliance and cloud automation at scale to help drive digital transformation.”

“I am thrilled to be an investor and board member at StackGen, partnering with repeat founder and CEO Sachin Agarwal and his cofounders, Asif Awan and Arshad Sayyad,” said Umesh Padval, Managing Director, Thomvest Ventures. “StackGen is revolutionizing the DevOps market with its Infrastructure from Code platform driving 10x productivity gains for DevOps and SecOps. The strong team, massive market opportunity along with differentiated and easy to use technology met the criterion of our thesis driven investments.”

The rebranding to StackGen reflects the company’s commitment to providing comprehensive infrastructure solutions that span the entire technology stack.

StackGen has expanded its leadership and go-to-market team with the appointment of Arshad Sayyad, former President of Fidelity Investments India and Managing Director at Accenture, Danielle Cook, CNCF Ambassador and ex-Fairwinds and Ondata, and Lauren Rother, ex-HashiCorp. 

StackGen launched its Dev Edition in March, and has already seen significant interest, with developers rapidly signing up to utilize its cutting-edge solutions. This early success underscores the growing demand for innovative infrastructure from code technologies and sets the stage for continued growth and market penetration.

Gartner, Hype Cycle for Platform Engineering, 2024, Manjunath Bhat, Bill Blosen, 19 June 2024

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, HYPE CYCLE are a registered trademark of Gartner, Inc. and/or its affiliates and is used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About StackGen
Founded in 2023 by serial entrepreneurs Sachin Aggarwal and Asif Awan, StackGen (formerly appCD) automatically generates Infrastructure from Code (IfC) based on application code with golden standards applied. Unlike manual Infrastructure as Code (IaC) creation or “golden templates” that quickly become outdated, StackGen generates IaC automatically from the application code, without requiring any code changes, and applies preset standards. StackGen provides seamless, full-stack infrastructure solutions that enhance the developer experience and enforce industry standards. Built for platform engineers and DevOps teams tasked with improving the developer experience and enforcing standards, StackGen reduces software development lifecycle (SDLC) bottlenecks, minimizes liabilities, and eliminates cognitive overload. StackGen is backed by notable venture capital firms Thomvest Ventures, WestWave Capital, FireBolt, and Secure Octane. For further information, please visit www.stackgen.com.

About appCD
Founded in 2023 by serial entrepreneurs Sachin Aggarwal and Asif Awan, appCD automatically generates Infrastructure from Code (IfC) based on application code with golden standards applied. Unlike manual Infrastructure as Code (IaC) creation or “golden templates” that quickly become outdated, appCD generates IaC automatically from the application code, without requiring any code changes, and applies preset standards. Built for platform engineers and DevOps teams tasked with improving the developer experience and enforcing standards, appCD reduces software development lifecycle (SDLC) bottlenecks, minimizes liabilities, and eliminates cognitive overload. appCD is backed by notable venture capital firms Thomvest Ventures, WestWave Capital, FireBolt, and Secure Octane. For further information, please visit www.appCD.com.

Media Contact:
Angelique Faul
Silver Jacket Communications
[email protected]
513.633.0897

SOURCE StackGen

Le promoteur canadien ajoute une propriété scandinave réputée à son portefeuille de centres de villégiature en plein essor

TORONTO, septembre 10, 2024 — The Cabot Collection, réputée pour son portefeuille incomparable de destinations de golf résidentielles et de villégiature de luxe, annonce un investissement stratégique dans Lofoten Links, construit majestueusement dans le paysage marin et accidenté des lointaines îles Lofoten en Norvège. Cette propriété visuellement étonnante s’intègre naturellement à Cabot, offrant un mélange inégalé de paysages séduisants et d’un golf exceptionnel. Cabot prévoit d’accueillir cette propriété dans son portefeuille en pleine expansion, étendant ainsi sa présence internationale à l’Europe du Nord.

“Nous sommes ravis d’unir nos forces avec Lofoten Links, une propriété spectaculaire qui s’aligne sans effort avec notre vision d’offrir un golf et des expériences de classe mondiale dans les destinations les plus remarquables du monde”, a déclaré Ben Cowan-Dewar, PDG et cofondateur de The Cabot Collection. “Le directeur général Frode Hov est un véritable visionnaire, et nous ne pourrions être plus enthousiastes quant à l’avenir de ce site extraordinaire”.

Situé au-dessus du cercle polaire arctique, Lofoten Links est le parcours de golf de type links le plus septentrional du monde. Classé n° 24 au monde par Golf Digest et n° 88 au monde par Golf Magazine, ses paysages spectaculaires et son littoral éloigné constituent une toile de fond à couper le souffle pour les amateurs de golf. Ce parcours légendaire est connu pour sa conception à la fois difficile et gratifiante, avec 18 trous qui peuvent être joués sous le soleil de minuit en été et sous les aurores boréales en automne.

Outre son célèbre parcours de golf, Lofoten Links offre à ses hôtes une occasion rare de s’immerger dans la splendeur du littoral norvégien tout en bénéficiant d’un service et d’équipements inégalés. La propriété propose une variété de lodges confortables, de style nordique, conçus pour s’harmoniser avec le paysage saisissant, ainsi qu’un charmant restaurant sur place. Lofoten Links propose une myriade d’activités pour les voyageurs exigeants en quête d’authenticité et d’aventure, notamment l’équitation, la randonnée et le kayak. Située à l’extrémité nord de l’île et faisant directement face à la mer de Norvège, la propriété est parfaitement positionnée pour observer les aurores boréales, l’un des phénomènes les plus éblouissants de la nature.

L’investissement de Cabot dans Lofoten Links s’inscrit dans une période de plans d’expansion internationale passionnants. La société a récemment annoncé Cabot Bordeaux, anciennement connu sous le nom de Golf Du Médoc Resort, une destination de choix pour les amateurs de golf et de vin située à Bordeaux, en France. Parmi les autres centres de villégiature de luxe dotés de terrains de golf de classe mondiale et situés dans des endroits extraordinaires, citons Cabot Cape Breton en Nouvelle-Écosse, Cabot Saint Lucia dans les Caraïbes, Cabot Revelstoke en Colombie-Britannique, Cabot Citrus Farms en Floride et Cabot Highlands en Écosse, tous primés.

Pour plus d’informations sur The Cabot Collection et Lofoten Links, veuillez consulter https://thecabotcollection.com/ et https://www.lofotenlinks.no/en.

À propos de la collection Cabot :
La Cabot Collection est un développeur de luxe de destinations de golf incomparables. Son portefeuille comprend les produits primés Cabot Cape Breton en Nouvelle-Écosse, Cabot Saint Lucia dans les Caraïbes, Cabot Revelstoke en Colombie-Britannique, Cabot Citrus Farms en Floride, Cabot Highlands en Écosse et Cabot Bordeaux en France. Cabot continue de s’appuyer sur un héritage d’excellence en matière de golf, d’offres résidentielles de luxe et de mode de vie de villégiature dans chaque propriété unique où les propriétaires et les invités ont un accès exclusif à des expériences spécifiques à la destination et à une qualité de service inégalée.

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Canadian Developer to Add Acclaimed Scandinavian Property to Burgeoning Resort Portfolio

TORONTO, Sept. 10, 2024 — The Cabot Collection, renowned for its incomparable portfolio of luxury resort and residential golf destinations, announces a strategic investment in Lofoten Links, built majestically into the rugged, seaside landscape of Norway’s remote Lofoten Islands. This visually stunning property is a natural fit for Cabot, offering an unparalleled blend of alluring landscapes and outstanding golf. Cabot plans to welcome the property into its growing portfolio, extending its international presence to Northern Europe.

“We are thrilled to join forces with Lofoten Links, a spectacular property that effortlessly aligns with our vision of delivering world-class golf and experiences across the globe’s most remarkable destinations,” said Ben Cowan-Dewar, CEO and co-founder of The Cabot Collection. “General Manager Frode Hov is a true visionary, and we couldn’t be more excited about the future of this extraordinary site.”

Located above the Arctic Circle, Lofoten Links stands out as the world’s northernmost links-style golf course. Ranked No. 24 in the world by Golf Digest and No. 88 in the world by Golf Magazine, its dramatic scenery and remote coastline provide a breathtaking backdrop for golf enthusiasts. The fabled course is known for its challenging yet rewarding design, featuring 18 holes that are playable under the midnight sun in the summer and the northern lights in the fall.

In addition to its celebrated golf course, Lofoten Links offers guests a rare opportunity to immerse themselves in the splendor of Norway’s coastline while enjoying unsurpassed service and amenities. The property offers a variety of cozy, Nordic-style lodges designed to complement the striking scenery and a charming onsite restaurant. Lofoten Links presents a myriad of activities for discerning travelers seeking authenticity and adventure, including horseback riding, hiking and kayaking. Situated on the island’s northern edge and facing directly north towards the Norwegian Sea, the property is perfectly positioned to see the northern lights, one of nature’s most dazzling phenomena.

Cabot’s investment in Lofoten Links comes amidst a period of exciting international expansion plans. The company recently announced Cabot Bordeaux, previously known as Golf Du Médoc Resort, a premier destination for golf and wine enthusiasts located in Bordeaux, France. Additional luxury resorts anchored by world-class golf courses in extraordinary locations include the award-winning Cabot Cape Breton in Nova Scotia, Cabot Saint Lucia in the Caribbean, Cabot Revelstoke in British Columbia, Cabot Citrus Farms in Florida and Cabot Highlands in Scotland.

For more information about The Cabot Collection and Lofoten Links, please visit https://thecabotcollection.com/ and https://www.lofotenlinks.no/en.

About The Cabot Collection:
The Cabot Collection is a luxury developer of incomparable golf destinations. Its portfolio includes the award-winning Cabot Cape Breton in Nova Scotia, Cabot Saint Lucia in the Caribbean, Cabot Revelstoke in British Columbia, Cabot Citrus Farms in Florida, Cabot Highlands in Scotland and Cabot Bordeaux in France. Cabot continues to build upon a legacy of excellence in golf, luxury residential offerings and boutique resort lifestyle across each unique property where owners and guests have exclusive access to destination specific experiences and an unparalleled quality of service.

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