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Velocity Global acquires Shield GEO in second growth transaction this year

Velocity Global

Company continues to scale leading global work platform Follows acquisition of iWorkGlobal in April Combined company serves more than 1,000 brands and over 7,000 supported employees this year DENVER, July 13, 2021 — Velocity Global continues to scale its leading global work platform with the acquisition of Shield GEO, an established global Employer of Record (EoR) provider. This is Velocity Global’s second acquisition this year, after it acquired iWorkGlobal in April. The company deployed capital from the $100 million growth investment from FFL Partners announced in April to complete the transaction. Terms of the deal were not announced. Velocity Global adds scale to its global work platform that simplifies the employer and employee experience. The platform combines the company’s cloud-based workforce management technology, personalized expertise, and unmatched global scale. Users access automated technology as well as partner with a dedicated experience team for individualized solutions and expertise. As the largest global EoR in 185 countries and all 50 United States, Velocity Global manages a client’s workforce by providing in-country and in-state compliance, payroll, and benefits for the supported employees. The company also offers Independent Contractor Compliance to assess a workforce and Agent of Record (AoR) to streamline payments to contractors globally. “For the last seven years we built our platform to support how and where work gets done. This now allows us the strategic position to scale up to meet the accelerated demand from the shifting workforce,” said Ben Wright, Velocity Global founder and CEO. “Both sides of the employment equation -- employers and employees -- fundamentally changed in the last 18 months. It’s not just about working from anywhere, it’s about how to recruit, how to retain employees, how to grow revenue, and how to manage a newly empowered work-life balance.” The “future of work” or gig economy is worth $4.5 trillion according to a 2020 report from Staffing Industry Analysts. “Velocity Global’s continued profitable organic growth sets the foundation for further scale through strategic acquisitions,” said Cas Schneller, FFL Managing Partner. “Both of the company’s recent acquisitions were of profitable, strong businesses at a time when scale is needed to match the market. Velocity Global strengthens its leadership position in the future of work.” The combined company serves more than 1,000 brands and over 7,000 supported employees this year. Velocity Global is registered in all 50 United States and continues to grow its footprint to include 50 wholly owned foreign legal entities in the most desired international markets by year’s end. “We share a proud history of organic growth, and now was the time to combine the global reach of Shield GEO with that of Velocity Global, and deliver an even greater experience that the market is demanding,” said Duncan Macintosh, Shield GEO co-founder. “This combination multiplies the growth opportunity for our team.” “We have known Ben and Velocity Global for a long time and we’ve always viewed our industry similarly, especially in terms of how we service our customers and the employees that we support for them,” said Tim Burgess, Shield GEO co-founder. “Delivering a great human-focused customer experience is important to all of us. We are excited by what our combined teams can do together.” Shield GEO is based in Hong Kong with entities in the U.K. and Australia, and a global remote team. The combined company welcomes all 75 Shield GEO employees and is led by Wright under the Velocity Global brand. Burgess and Macintosh will support the integration of Shield GEO into Velocity Global. ABOUT VELOCITY GLOBAL Velocity Global accelerates the future of work beyond borders. Its global work platform simplifies the employer and employee experience through cloud-based workforce management technology, personalized expertise, and unmatched scale. As the largest global Employer of Record (also known as International PEO) in 185 countries and all 50 United States, more than 1,000 brands rely on Velocity Global to build global teams without the cost or complexity of setting up foreign legal entities or state registrations. The company offers additional services including Independent Contractor Compliance to assess a workforce, and Agent of Record (AoR) to streamline payments to contractors. Velocity Global was named a “Leader” in Global Employer of Record services by prominent analyst firm NelsonHall. Founded in 2014, the company has hundreds of employees in 27 countries. For more information visit velocityglobal.com. Contact Details Velocity Global John Hall +1 720-650-4348 news@velocityglobal.com Company Website https://velocityglobal.com/

July 13, 2021 05:30 AM Mountain Daylight Time

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Cyvatar Takes Home Top Prize in 2021 Fortress Awards

Cyvatar

Cyvatar today received more industry accolades as it was named a winner in network security by the Business Intelligence Group for its innovative Cybersecurity-as-a-Service (CSaaS) offering as part of the 2021 Fortress Cybersecurity Awards. The Fortress awards program identifies and rewards the world’s leading companies and products that are working to keep data and electronic assets safe among a growing threat from hackers. “2021 is rapidly becoming the toughest year for cybersecurity professionals and as our reliance on networks continues to accelerate, our identities and data have quickly become global currency, so security is more important than ever,” said Maria Jimenez, chief nominations officer at the Business Intelligence Group. “We are proud to recognize all of our winners and finalists who are on the frontlines of the effort to prepare, defend and respond to this growing threat.” Cyvatar’s proprietary ICARM method guarantees proper installation, configuration, assessment, remediation, and maintenance for every Cyvatar technology solution so that organizations actually achieve better protection and resilience from their investments And because Cyvatar’s method is continuous, it protects against attack vectors that haven’t even surfaced yet. “It’s continued validation of our unique CSaaS model that industry peers recognized Cyvatar again for exceptional leadership and innovation,” said Cyvatar Co-Founder and Chief Product and Strategy Officer Craig Goodwin. “As the first subscription-based CSaaS company to deliver effortless, affordable cybersecurity, we enable our members to protect confidential information with the people, processes, and technology essential to ensure they get value from their security tools, from conception and strategy to implementation and maintenance. No other provider delivers holistic security at price points that work for any size customer and guaranteed value that allows customers to cancel anytime.” Cyvatar CSaaS levels the playing field by democratizing cybersecurity and making the best protection accessible and affordable for every size organization, even if they have no cybersecurity expertise in-house. If your organization needs award-winning cybersecurity, Cyvatar can help. About Cyber Defense Magazine With over 5 Million monthly readers and growing, and thousands of pages of searchable online infosec content, Cyber Defense Magazine is the premier source of IT Security information for B2B and B2G with our sister magazine Cyber Security Magazine for B2C. We are managed and published by and for ethical, honest, passionate information security professionals. Our mission is to share cutting-edge knowledge, real-world stories and awards on the best ideas, products and services in the information technology industry. We deliver electronic magazines every month online for free, and special editions exclusively for the RSA Conferences. CDM is a proud member of the Cyber Defense Media Group. Learn more about us at https://www.cyberdefensemagazine.com and visit https://www.cyberdefensetv.com and https://www.cyberdefenseradio.com to see and hear some of the most informative interviews of many of these winning company executives. Join a webinar at https://www.cyberdefensewebinars.com and realize that infosec knowledge is power. About Cyvatar Cyvatar is committed to effortless cybersecurity for everyone. As the industry’s first subscription-based, cybersecurity-as-a-service (CSaaS) company, it’s our mission to transform the way the security industry builds, sells, and supports cyber solutions. We empower our members to achieve successful outcomes by providing expert advisors, proven technologies, and a strategic process roadmap to guarantee results that map to their business drivers. Our approach is rooted in proprietary ICARM (installation, configuration, assessment, remediation, maintenance) methodology that delivers smarter, measurable security solutions for superior compliance and cyber-attack protection faster and more efficiently, all at a fixed monthly price. And because we’re a subscription, members can cancel anytime. Cyvatar is headquartered in Irvine, California with locations around the world. Begin your journey to security confidence at CYVATAR.AI and follow us on LinkedIn and Twitter. Contact Details Cyvatar KC Higgins +1 303-434-8163 kc@cyvatar.ai Cyber Defense Magazine April Palanca +18338449468 Company Website https://cyvatar.ai/

July 07, 2021 11:51 AM Eastern Daylight Time

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‘Forge Ahead’ podcast provides inside look at future of work

Velocity Global

Hosted by Velocity Global founder and CEO Ben Wright Features conversations with forward-thinking business and tech leaders Debut episode with “Shark Tank’s” Robert Herjavec “ Forge Ahead,” a new podcast uniquely focused on the future of work through insights from forward-thinking business leaders, launched today. Hosted by Ben Wright, Velocity Global founder and CEO, “Forge Ahead” explores how the world embraces and overcomes challenges of new ways of working, from remote work to distributed teams. The debut episode is a conversation with Robert Herjavec, founder and CEO of global cybersecurity firm, Herjavec Group, and a lead investor on the Emmy Award-winning show, “Shark Tank.” “Now is the perfect time for these conversations about how people want to work, and how us as business leaders must blaze a new path,” said Herjavec. “My conversation with Ben allowed me to look inward at what I’ve learned. One topic we touched on was that the true driver of remote work is that customers now accept it like never before. Employees have proven able to embrace remote work, and the tech tools have been available, but now that the customer cadence is not disrupted, we’ll never look back.” “In ‘Forge Ahead’ we go beyond the buzzwords and get inside the heads of business leaders who shape the future of work,” said Wright. “Robert is the first of many leaders I am humbled to learn from as listeners get to hear his personal story and how he runs a business.” “Forge Ahead” will release a new episode every two weeks on leading podcast platforms. In subsequent episodes, Wright speaks with thought leaders such as USA Today’s “Gratitude Guru” Chris Schembra, and 6-time PGA TOUR champ Billy Horschel. Listeners will hear a mix of personal stories and actionable insights from successful leaders so they are prepared to embrace the future of work. Ben Wright founded Velocity Global in 2014 and applies two decades of experience supporting companies’ global business growth and remote teams. As the largest Employer of Record in 185 countries and all 50 United States, brands rely on Velocity Global’s expertise and global infrastructure to employ a compliant workforce without the cost or complexity of setting up their own foreign legal entities or state registrations. Listen and subscribe to the “Forge Ahead” podcast at forgeaheadpodcast.com, or search for it on leading podcast platforms including Spotify, Google Podcast, and Apple Podcast. ABOUT VELOCITY GLOBAL Velocity Global accelerates the future of work beyond borders. Its platform helps companies compliantly employ distributed teams and expand internationally through best-in-breed technology, global expertise, and scale. As the largest global Employer of Record (also known as International PEO) in 185 countries and all 50 United States, more than 700 brands rely on Velocity Global to build global teams without the cost or complexity of setting up foreign legal entities or state registrations. Named a "Leader" in Global Employer of Record services by prominent analyst firm NelsonHall, Velocity Global offers additional services including Immigration, Independent Contractor Compliance to assess a workforce, and Agent of Record (AoR) to streamline payments to contractors. Founded in 2014, Velocity Global has hundreds of employees in 16 countries. For more information visit velocityglobal.com. Contact Details Velocity Global Eli Rice +1 720-650-4348 news@velocityglobal.com Company Website https://velocityglobal.com/

July 06, 2021 07:02 AM Mountain Daylight Time

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Comcast Establishes 50 WiFi-Connected Lift Zones in Houston and Surrounding Areas

Comcast Houston

As part of its ongoing commitment to help connect low-income families to the Internet so they can fully participate in educational opportunities and the digital economy, Comcast today announced it has equipped 50 locations in Houston and surrounding areas with free WiFi enabled Lift Zones. Working with its network of nonprofit partners, Comcast is providing robust WiFi hotspots in safe spaces designed to help students get online, participate in distance learning and do their homework. This initiative provides free connectivity inside partner community centers for the next three years. “We are proud to partner with community organizations across Houston and surrounding areas and equip them with free internet service to provide safe, fast, and reliable connectivity,” said Ralph Martinez, regional senior vice president, Comcast Houston. “The COVID-19 crisis put many at risk of being left behind, accelerating the need for comprehensive digital equity and Internet adoption programs to support them. We hope these Lift Zones will help those who, for a variety of reasons, are unable to connect to effective distance learning at home.” Each Lift Zone location will be outfitted with a robust WiFi solution, powered by Comcast Business, at no cost. The sites are equipped with a combination of Comcast Business’ award-winning Business Internet, WiFi Pro and SecurityEdge solutions; customized based on the size and unique connectivity needs of each location. Some of the Houston and surrounding area community organizations that have established Lift Zones in their respective facilities include Boys and Girls Clubs of Greater Houston, the City of Houston, and the City of Galveston. A full list of Comcast Lift Zones in Houston and surrounding areas, can be found here. Earlier this year, Comcast announced a $1 billion commitment over ten years in continued support of digital equity, including its Lift Zones initiative, which aims to establish WiFi-connected safe spaces in 1,000+ community centers nationwide for students and adults by the end of 2021. Lift Zones complement Comcast’s Internet Essentials program, which has helped connect approximately 10 million low-income people to the Internet at home since 2011, including almost one million Texans. Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company that connects people to moments that matter. We are principally focused on broadband, aggregation, and streaming with over 56 million customer relationships across the United States and Europe. We deliver broadband, wireless, and video through our Xfinity, Comcast Business, and Sky brands; create, distribute, and stream leading entertainment, sports, and news through Universal Filmed Entertainment Group, Universal Studio Group, Sky Studios, the NBC and Telemundo broadcast networks, multiple cable networks, Peacock, NBCUniversal News Group, NBC Sports, Sky News, and Sky Sports; and provide memorable experiences at Universal Parks and Resorts in the United States and Asia. Visit www.comcastcorporation.com for more information. Contact Details Comcast Misha McClure +1 832-547-6783 Misha_McClure@cable.comcast.com Company Website https://houston.comcast.com/

July 06, 2021 05:00 AM Central Daylight Time

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STEAM Brand Osmo Participates in Ace Presents the Kerry Wood Celebrity Golf Invitational Benefiting Lurie Children’s Hospital of Chicago; Makes Product Donation to Hospital

Osmo

Award-winning STEAM brand Osmo participated in the June 28 Ace Presents the Kerry Wood Celebrity Golf Invitational, where its charitable arm, Osmo Cares, gifted its bestselling Creative Kit for iPad to over 200 celebrity golfers and Lurie Children’s Hospital patients’ families. In addition, Osmo Cares gifted 48 Creative Kits for iPad directly to the hospital, for their patients to enjoy. The Celebrity Golf Invitational, which takes place at Medinah Country Club in Medinah, Illinois, is a key fundraising event for Ann & Robert H. Lurie Children’s Hospital of Chicago, raising over $1 million on a single day. This year’s event included high-profile celebrity golfers Kerry Wood, Mark Rypien, Ryan Dempster, Jim McMahon, Toni Kukoc, and many others. ( images ) “We love events that support important organizations that provide life-saving medical services and treatments for children,” says Karen O’Dell, Osmo Director of PR and Osmo Cares. “By providing gifts to participants at this celebrity golf invitational as well as kits to Lurie Children’s Hospital, we hope to bring smiles and joy to many Chicago-area children and families, and provide healthy screen time that inspires kids’ appetite to explore STEAM learning.” Osmo’s combined donations are valued at approximately $18,500. “The Ace team is proud to partner with the award-winning STEAM brand Osmo to raise money for Lurie Children’s hospital in Chicago. Working together with great companies like Osmo to help sick kids and their families is the bedrock of what the Ace Foundation is all about,” stated Kane Calamari, President of the Ace Foundation. Says Susan Ruohonen, EdD, Senior Director of Family Services at Lurie Children’s Hospital, “Through this generous donation, so many children and their families will have this unique opportunity to explore STEAM learning and be inspired through curiosity, creativity and innovation. Thank you for providing this avenue of discovery and imagination for our patients and their families at Ann & Robert H. Lurie Children’s Hospital of Chicago.” Osmo’s Creative Kit for iPad, used at home and in classrooms across the U.S., features award-winning games that inspire learning, drawing, creativity, and more. It contains the Osmo Base for iPad, Creative Board, 4 erasable markers, a fuzzy eraser pouch, stackable storage for each game, and three best-selling game apps (Monster, Newton, Masterpiece). Osmo Cares Since 2016, Osmo Cares has made over $600,000 (USD) in product donations to nonprofit and charitable organizations in the U.S., and established over 50 partnerships with family service and autism awareness organizations. Osmo was named one of Time Magazine’s 25 Best Inventions in 2014; and its Osmo Learning System received the 2021 EdTech Digest Award in the “Curriculum and Instruction Solution” category. In 2018, Osmo received a Best AI-based Solution for Education Award for its proprietary reflective AI technology. About the Ace Hardware Foundation As the official charitable division of Ace Hardware Corporation, the Ace Hardware Foundation helps enhance the vision of being the “Helpful Place” in local communities across the country and around the globe through charitable giving. The Ace Foundation provides support and philanthropic opportunities to its consumers, retail store owners, vendors and team members to give back to local communities through fundraising efforts for Children’s Miracle Network Hospitals and American Red Cross Disaster Relief. Ace Hardware has been a national partner for Children’s Miracle Network Hospitals for the last 30 years, raising over $140 million during that time. For more information, visit acehardware.com or newsroom.acehardware.com. About Ann & Robert H. Lurie Children’s Hospital of Chicago Ann & Robert H. Lurie Children’s Hospital of Chicago is ranked as one of the nation’s top children’s hospitals by U.S. News & World Report. It is the pediatric training ground for Northwestern University Feinberg School of Medicine. Last year, the hospital served more than 220,000 children from 48 states and 49 countries. About Osmo Osmo is an award-winning STEAM brand whose products are used in over 50,000 classrooms and 2.5 million homes. It is building a universe of hands-on play experiences that nourish the minds of children by unleashing the power of imagination. The company brings physical tools into the digital world through augmented reality and its proprietary reflective artificial intelligence. Founded in 2013 by ex-Google engineers Pramod Sharma and Jerome Scholler, the Osmo Play System fuses digital gameplay and physical interaction to create fun and nutritious play experiences designed for all kids. Osmo is headquartered in Palo Alto, California. Learn more at playosmo.com. For information about its educational division, Osmo for Schools, visit schools.playosmo.com. Contact Details Carolyn Kamii +1 310-251-0550 carolynkpr@gmail.com Company Website http://www.playosmo.com

June 29, 2021 04:00 AM Pacific Daylight Time

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Crow Creek Tribal School Teacher to Team with OfficialToken for Cryptocurrency Student Donation

OfficialToken

When Catherine Schmidt was searching for something she could use to demonstrate her appreciation for her students as well as providing a learning experience in finances, the Social Studies teacher did not turn to the stock exchange or other traditional teaching tools to motivate and educate her students. Instead, she set her focus on cryptocurrency. “To be honest, these kids are probably going to live in a world where crypto is more mainstream,” said Ms. Schmidt. “A lot of my students are very interested in crypto. They follow it on social media. They’ll ask me, 'Hey Ms. Schmidt, how do you become a solidity developer?' 'I had no idea what they were talking about. I had to do some research and I started to look into this during the pandemic and it was there, sometime in May, I discovered OfficialToken on Reddit’s Crypto Moonshots. Their (Official Token) platform intrigued me so I joined their community.” The Crow Creek Tribal School, which is located on the Hunkpati Sioux Reservation in South Dakota, is made up of grades K through 12. For Schmidt, her love for her students and her motivation to give something back was the driving force behind her outreach to OfficialToken, a San Diego, Calif.-based cryptocurrency community whose mission is to create a thriving ecosystem for investors, while maintaining transparency and its goal of community charity. “I wanted to buy some tokens and donate to my kids so they can monitor their investment throughout the 2021/22 school year. They know all about this through social media which will add to the learning experience. It seemed like the perfect match for what I was trying to accomplish,” Schmidt said, noting that 36 students will be participating. In all, she has donated 1 million Official Tokens to her students, which will be used during the curriculum. OfficialToken Community Leader Eric Dennis said this is exactly how OfficialToken is supposed to function. “Our primary mission is education and charity work. What Kate is doing, lends itself to what our goals and aspirations are. However, we realized that Kate’s initial investment needed some help so we decided to provide further support with an additional 10 billion Official Tokens for each of the 36 students, which is a total donation of 360 billion tokens,” Dennis said. Ms. Schmidt has already set up accounts for her students, which includes a trust wallet, which holds the tokens. A trust wallet is where an investor can send, receive and store cryptocurrencies. While Ms. Schmidt wanted the crypto investment to be a surprise for her students when they returned in the fall, she soon found that they were already one step ahead of her. “What’s funny is we were decorating for prom and I noticed that OfficialToken spiked and I screamed, ‘Oh wow.’ One of the students asked, what wow?’ After explaining to them why she was excited, the cat was out of the bag and before she knew it, they all knew of the surprise. “In all honesty, this could be life-changing for some of these kids. I just want to prepare them for the world. “Maybe it’s their generation. But they’re all in.” As is Rozee Drapeau, one of Ms. Schmidt’s students. “I think it’s awesome. She believes in us when no one does. She puts her time and becomes another ‘iná’ (Iná means mother in Dakota). About OfficialToken OfficialToken is a community-driven, socially responsible and transparent cryptocurrency token that provides a robust platform for users. We also offer a free Crypto School and 24/7 support. We are doing live-streaming educational and interactive Videos with our New spokesperson Marjie Von Jexxy! Podcasts feature a focus on Charity organization spotlights, Crypto news, Tips and Updates. Get some Free Crypto! OfficialToken is on the lookout for new team members on our Telegram channel. We offer free Crypto Airdrops, giveaways and competitions to reward our very loyal community members and helpers! We are also here to help if you have any problems: Go to https://t.me/OfficialToken for 24/7 Live support. (This is an almost unheard-of feature in this space!) Through local, national and global Charitable Donations and our Free Crypto education platforms - We are producing a positive impact in the World and in the Defi Crypto space. Contact Details The Hoyt Organization Erik Hamilton +1 310-373-0103 ehamilton@hoytorg.com

June 28, 2021 09:57 AM Pacific Daylight Time

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Osmo Announces Amazon Prime Day Sale: Up to 40% Off Select Kits, Games, Bundles and More

Osmo

Award-winning STEAM brand Osmo announces it will offer up to 40% off select kits, games, bundles and more for Amazon Prime Day, June 21 and 22. All Prime Day deals can be viewed at Osmo’s Amazon store. Save 30% on these Osmo kits, games, and bundles at Amazon.com: Little Genius Starter Kit for iPad (base included) Little Genius Starter Kit for Fire Tablet (base included) Little Genius Starter Kit for iPad + Grab & Go Small Storage Case Bundle (for iPad Starter Kits) (base included) Little Genius Starter Kit for iPad + Grab & Go Large Storage Case for iPad Bundle (base included) Little Genius Starter Kit + Early Math Adventure for iPad (base included) Genius Starter Kit for Fire Tablet (base included) Genius Starter Kit + Family Game Night for iPad (base included) Creative Starter Kit for iPad (base included) Creative Starter Kit for iPad + Super Studio Disney Princess Bundle (base included) Creative Starter Kit for iPad + Little Genius Starter Kit for iPad (base included) Creative Starter Kit for iPad + Detective Agency Bundle (base included) Creative Starter Kit for iPad + Pizza Co. Bundle (base included) Math Wizard and the Secrets of the Dragons for iPad & Fire Tablet (base required) Math Wizard and the Magical Workshop for iPad & Fire Tablet (base required) Math Wizard and The Secrets of The Dragons & Magical Workshop for iPad & Fire Tablet Bundle (base required) Math Wizard and The Secrets of The Dragons & Magical Workshop for iPad Bundle (base included) Coding Family Bundle for iPad & Fire Tablet + Base for iPad (base included) Coding Family Bundle for iPad & Fire Tablet + Base for Fire Tablet (base included) Coding Family Bundle for iPad & Fire Tablet (base required) Super Studio Disney Mickey Mouse & Friends for iPad & Fire Tablet (base required) Super Studio Disney Princess + iPad Base Bundle (base included) Super Studio Disney Princess + Fire Tablet Base Bundle (base included) Super Studio Disney Frozen 2 + iPad Base Bundle (base included) Super Studio Disney Frozen 2 + Fire Tablet Base Bundle (base included) Super Studio Disney Princess Game + iPad Base Bundle (base included) Super Studio Disney Princess Game + Fire Tablet Base Bundle (base included) Osmo offers up to 30% off all kits and games at Target.com during Target Deal Days, which continues through June 22. The full list of Target deals can be viewed here. About Osmo Osmo is an award-winning STEAM brand whose products are used in over 50,000 classrooms and 2.5 million homes. It is building a universe of hands-on play experiences that nourish the minds of children by unleashing the power of imagination. The company brings physical tools into the digital world through augmented reality and its proprietary reflective artificial intelligence. Founded in 2013 by ex-Google engineers Pramod Sharma and Jerome Scholler, the Osmo Play System fuses digital gameplay and physical interaction to create fun and nutritious play experiences designed for all kids. Osmo is headquartered in Palo Alto, California. Learn more at playosmo.com. For information about its educational division, Osmo for Schools, visit schools.playosmo.com. Contact Details Carolyn Kamii PR Carolyn Kamii +1 310-251-0550 carolynkpr@gmail.com Osmo Karen O'Dell karen@playosmo.com Company Website http://www.playosmo.com

June 21, 2021 12:01 AM Pacific Daylight Time

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Cyvatar Raises an Additional $9 Million in Series A Round

Cyvatar

Cyvatar today announced that it has raised $9 million as part of its Series A financing to help scale and serve its rapidly growing customer base and continue to drive the adoption of its innovative cybersecurity-as-a-service (CSaaS) model. Escalating cybersecurity breaches and the need to address vulnerabilities across systems, networks, and apps fuel the security services market, expected to reach $193 billion by 2028. Additionally, the growth in hybrid and remote workers coupled with unsecured and unpatched BYOD devices further underscores the need for on-demand cybersecurity resources that include human talent, proven processes, and best-of-breed technology delivered from a single intuitive platform. Cyvatar has grown more than 200% since its debut in October. ATX Venture Partners led the round with additional participation from existing customer CORTEC and longtime Cyvatar investor Bill Wood Ventures. Cyvatar closed a $3 million seed round late last year, bringing the total amount raised over the last eight months to $12 million. “We’ve seen fundraising explode in the security space, in part as a result of the raft of ransomware, email compromise, and phishing attacks that have made people more aware of the problem and increased the need to fix it quickly and effectively,” said Chris Shonk, partner at ATX Venture Partners. “Cyvatar is an exciting addition to our dynamic portfolio and a natural fit alongside our other rapidly growing organizations. No other company we evaluated solves the problems of cybersecurity like Cyvatar. With Cyvatar CSaaS, security becomes as effortless as turning on the lights. There’s no better value for customers.” Cyvatar CSaaS offers security in a box for organizations of any size and any level of cybersecurity expertise--already more than 150 platform members have started the security journey with Cyvatar. Its mature sales and marketing engine makes it easy for new members to join and offers ongoing education and support for existing customers to continuously remediate evolving threats, safeguard critical systems, and boost compliance scores. "I can tell you that after implementing just three Cyvatar solutions, our security confidence is a lot stronger than it was before and our company as a whole is far more secure,” said Brent Fanguy, vice president of technology at CORTEC. “We applaud Cyvatar for pricing by employee count because it’s so easy to calculate and fit into our budget -- no counting servers or workstations, which is a nightmare. Cyvatar has delivered consistent value from our security spend, and we look forward to continuing to grow our partnership with them.” Whether customers need to speed their sales cycles, remediate after a breach, prevent future incursions, or respond to a third-party risk assessment, Cyvatar helps them achieve superior business outcomes every day. Click HERE to get started free and learn more about how Cyvatar is making cybersecurity effortless for every business. About Cyvatar Cyvatar is committed to effortless cybersecurity for everyone. As the industry’s first subscription-based, cybersecurity-as-a-service (CSaaS) company, it’s our mission to transform the way the security industry builds, sells, and supports cyber solutions. We empower our members to achieve successful outcomes by providing expert advisors, proven technologies, and a strategic process roadmap to guarantee results that map to their business drivers. Our approach is rooted in proprietary ICARM (installation, configuration, assessment, remediation, maintenance) methodology that delivers smarter, measurable security solutions for superior compliance and cyber-attack protection faster and more efficiently, all at a fixed monthly price. And because we’re a subscription, members can cancel anytime. Cyvatar is a global organization with operations around the world. Begin your journey to security confidence at cyvatar.ai and follow us on Facebook, Instagram, LinkedIn, Twitter, and YouTube. About ATX Venture Partners ATX Venture Partners is an early-stage venture capital firm specializing in the South-Central US. The firm’s seed and Series A investments focus on software-as-a-service, IoT, e-commerce, AI, frontier commercial technologies and mobile applications. ATX Venture Partners brings institutional-grade funding, process and rigor to early-stage venture capital investments, and is the partner to propel portfolio companies forward to larger growth capital. The firm was founded in 2014 and is based in Austin, Texas. Visit www.atxventurepartners.com, and follow them on Twitter, Facebook, and LinkedIn. Contact Details Cyvatar KC Higgins +1 303-434-8163 kc@cyvatar.ai ATX Ventures Meg Brigman +15127666462 meg@atxventurepartners.com Company Website https://cyvatar.ai/

June 17, 2021 07:00 AM Eastern Daylight Time

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COMCAST AND FAMILY PROMISE OF SPOKANE LAUNCH FREE WIFI-CONNECTED “LIFT ZONES” AT LOCAL SHELTERS

Comcast Washington

Comcast Washington and Family Promise of Spokane today announced the opening of WiFi-connected Lift Zones at three family shelters across the City of Spokane. Comcast is equipping the Family Promise shelters with free robust WiFi technology that will help dozens of vulnerable students participate in distance learning and do their homework, and ensure adults and families are able to access needed online resources as they seek to transition into a stable home. In addition to Lift Zones, Comcast is providing new laptop computers to support the Family Promise of Spokane transitional housing program. The new devices provide families transitioning into permanent housing with technology that they can use for schooling, seeking jobs, applying for assistance programs, and more. The COVID-19 crisis has also worsened the gap in access to internet and technology that adults and families living in homelessness experience. Comcast Lift Zones are uniquely positioned to address this issue by providing robust WiFi technology for free in community centers that lack consistent access to the internet. Lift Zones at the following shelters will offer internet connectivity and technology access in a safe and positive place and strengthen Family Promise of Spokane’s efforts to help families transition from homelessness into a more stable situation: The Mission House– 2012 E Mission Ave Spokane, WA 99202 Open Doors Family Emergency Shelter– 2002 E Mission Ave Spokane, WA 99202 The Harston House – 904 E Hartson Ave Spokane, WA 99202 “For the families we serve, the internet is a key tool that helps them connect to so many different resources they need. From online learning for their kids, to finding housing and employment, to applying for government support and resources, it is invaluable, especially during this global pandemic,” said Joe Ader, Executive Director, Family Promise of Spokane. “By providing free connectivity to families, Comcast is helping us make a tremendous impact at a time of when it is deeply needed.” The new robust WiFi coverage is so effective it has reduced the number of troubleshooting cases the IT and Data Systems team manages for families onsite, allowing it to focus on other programs the shelter is building to address homelessness in Spokane County. “Internet is one of the most important resources we offer our clients and prior to the Comcast Lift Zone technology we would typically have roughly 60 connectivity troubleshooting issues in a given week,” said J Wylie, IT and Data Systems Manager for Family Promise of Spokane. “The new WiFi connection has greatly reduced these issues, allowing my team to focus on other technology and data projects that will help us better understand and serve our local vulnerable community members.” “Our work with Family Promise over the last several years has been focused on addressing digital equity gaps, by providing affordable internet connectivity to local families transitioning out of homeless,” said Kris Workman, Senior Director, Comcast in Spokane. “By opening Lift Zones at these shelters, we can take that work one step further by powering these Family Promise buildings with robust WiFi connectivity that their families can use while they are onsite.” Lift Zones complement Comcast’s Internet Essentials program and is part of the company’s ongoing commitment to help connect low-income families to the Internet in and outside of the home. Comcast plans to complete 80 Lift Zones in Washington by the end of 2021. Internet Essentials is Comcast’s signature digital equity initiative and the nation’s largest and most comprehensive broadband adoption program. Since 2011, Internet Essentials has connected more than 10 million people in America to broadband internet at home, including 60,000 in Spokane County. Today’s announcement also comes on the heels of Comcast’s  recent $1 billion commitment  over the next 10 years to help further close the digital divide and give even more low-income students and families the tools and resources they need to succeed in a digital world.   For more information about Comcast’s comprehensive connectivity program for low-income Americans visit https://corporate.comcast.com/values/internet-essentials About Family Promise of Spokane Family Promise of Spokane helps local communities coordinate their compassion to address the root causes of family homelessness. The organization taps existing local resources to empower families towards economic stability. Families come to them in crisis; Family Promise of Spokane helps them rebuild their lives with new skills and ongoing support. The nonprofit addresses the issue holistically, providing prevention services before families reach crisis, shelter and case management when they become homeless, and stabilization programs once they have secured housing to ensure they remain independent. For more information visit www.familypromiseofspokane.org/ About Comcast Corporation Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company with three primary businesses: Comcast Cable, NBCUniversal, and Sky. Comcast Cable is one of the United States’ largest video, high-speed Internet, and phone providers to residential customers under the Xfinity brand, and also provides these services to businesses. It also provides wireless and security and automation services to residential customers under the Xfinity brand. NBCUniversal is global and operates news, entertainment and sports cable networks, the NBC and Telemundo broadcast networks, television production operations, television station groups, Universal Pictures, and Universal Parks and Resorts. Sky is one of Europe's leading media and entertainment companies, connecting customers to a broad range of video content through its pay television services. It also provides communications services, including residential high-speed Internet, phone, and wireless services. Sky operates the Sky News broadcast network and sports and entertainment networks, produces original content, and has exclusive content rights. Visit www.comcastcorporation.com for more information. Contact Details Comcast Washington Nick McDonald +1 425-977-5565 Nick_McDonald@Comcast.com Family Promise of Spokane Craig Howard +15097683083 choward@familypromiseofspokane.org Company Website https://washington.comcast.com/

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