Mid-Week Tech News Roundup – September 9th to September 13th 2024
10 Sept, 20246 minutesMoneySuperMarket Shortlisted for Paid Search AwardMoneySuperMarket has been recognised ...
MoneySuperMarket Shortlisted for Paid Search Award
MoneySuperMarket has been recognised for its excellence in paid search marketing by being shortlisted for the 2024 Performance Marketing World Awards. The company's dedication to innovative strategies and exceptional results has earned it a place among industry leaders in this highly competitive category.
A team of talented individuals at MoneySuperMarket played a crucial role in securing this nomination. William D., Jane Cronin, Rinaldo R., Shahnaz P., Chuck Onunkwo, and Ippokratis Stefanidis are to be commended for their outstanding contributions and commitment to the company's success.
The nomination process involved a rigorous evaluation by a panel of industry experts. Only those demonstrating exceptional performance marketing practices that have driven significant growth and business impact were selected. MoneySuperMarket's achievement is a testament to its ability to consistently deliver outstanding results. Well done to the team
SafetyCulture Secures £85 Million to Fuel Global Expansion and AI Innovation
Global technology leader SafetyCulture led by Luke Anear has secured a significant £85 million funding round to accelerate its growth and innovation. The investment will be used to fuel further global expansion, enhance AI capabilities, and reward long-term employees.
SafetyCulture’s workplace operations platform is already a trusted solution for over 25,000 businesses in the UK, helping to improve working practices and boost productivity. Key customers include the NHS, National Grid, British Airways, and Transport for London.
The funding round follows the successful launch of SafetyCulture's workplace operations platform in October 2023, which introduced new features like training, asset management, sensors, and IoT functionality. With a rapidly growing user base of close to 2 million, the platform continues to gain traction and adoption among businesses worldwide.
SafetyCulture has experienced significant growth in recent years, doubling its average customer size and adding over 100 new roles in the past six months. The company now has over 800 employees working across its six global offices, supporting its ambitious target of reaching 100 million users by 2032.
CultureAI Recognised for Innovation and Excellence in Cybersecurity
CultureAI, a provider of cybersecurity solutions led by James Moore, has been selected as a finalist in two categories at The Real Cyber Awards. The company's innovative products and contributions to the cybersecurity industry have earned it recognition in the following categories:
- Most Innovative Cyber Security Product
- Cyber SME
CultureAI revolutionises workplace safety by offering a comprehensive solution for identifying, educating, and automating the resolution of security risks. With CultureAI, organisations can significantly reduce their exposure to liability, improve employee morale, and enhance overall productivity.
The Real Cyber Awards celebrate excellence and achievement in the cybersecurity field. Being named a finalist is a significant accomplishment that reflects CultureAI's commitment to providing effective and innovative solutions.
SafetyCulture Secures £85 Million to Fuel Global Expansion and AI Innovation
Global technology leader SafetyCulture led by Luke Anear has secured a significant £85 million funding round to accelerate its growth and innovation. The investment will be used to fuel further global expansion, enhance AI capabilities, and reward long-term employees.
SafetyCulture’s workplace operations platform is already a trusted solution for over 25,000 businesses in the UK, helping to improve working practices and boost productivity. Key customers include the NHS, National Grid, British Airways, and Transport for London.
The funding round follows the successful launch of SafetyCulture's workplace operations platform in October 2023, which introduced new features like training, asset management, sensors, and IoT functionality. With a rapidly growing user base of close to 2 million, the platform continues to gain traction and adoption among businesses worldwide.
SafetyCulture has experienced significant growth in recent years, doubling its average customer size and adding over 100 new roles in the past six months. The company now has over 800 employees working across its six global offices, supporting its ambitious target of reaching 100 million users by 2032.
CultureAI Recognised for Innovation and Excellence in Cybersecurity
CultureAI, a provider of cybersecurity solutions led by James Moore, has been selected as a finalist in two categories at The Real Cyber Awards. The company's innovative products and contributions to the cybersecurity industry have earned it recognition in the following categories:
- Most Innovative Cyber Security Product
- Cyber SME
CultureAI revolutionises workplace safety by offering a comprehensive solution for identifying, educating, and automating the resolution of security risks. With CultureAI, organisations can significantly reduce their exposure to liability, improve employee morale, and enhance overall productivity.
The Real Cyber Awards celebrate excellence and achievement in the cybersecurity field. Being named a finalist is a significant accomplishment that reflects CultureAI's commitment to providing effective and innovative solutions.
Manchester's MirrorWeb Secures $63 Million Investment for Compliant Communication Archiving
Manchester-based software firm MirrorWeb has secured a significant investment of $63 million from growth equity firm Mainsail Partners. MirrorWeb provides solutions for financial institutions to ensure compliant communication through digital channels like Teams and Slack. Their software helps capture and archive communications in a way that meets regulatory requirements. This investment will be used to further develop MirrorWeb's offerings and expand their customer success team. Additionally, David Farsai and Garrett Jackson from Mainsail Partners will join MirrorWeb's board, alongside Romir Bosu, CEO of Nadavon Capital Partners.
Farsai, Partner at Mainsail Partners commented on the news by stating: “MirrorWeb’s robust and user-friendly SaaS platform is trusted by organisations globally to help them keep pace with the proliferation of communication channels and proactively improve their compliance management. We are excited to partner with the MirrorWeb team to continue to deliver the product innovation and support that helps customers meet their regulatory goals.”
Primer Welcomes Alex Mallet as New CTO
Primer, a leading fintech company providing payment infrastructure for merchants, has announced the appointment of Alex Mallet as its Chief Technology Officer. Mallet brings a wealth of experience in software development and product management, having held senior positions at Amazon and Microsoft.
Gabriel Le Roux, co-founder and CEO of Primer, expressed his enthusiasm for Mallet's appointment: "As we continue to innovate in the payment space, it's essential to have experienced leaders who share our vision. Alex's track record of building global engineering teams will be invaluable in driving our product suite forward."
Mallet, who previously led the engineering department at Berlin-based logistics startup Forto, is excited to join Primer: "Primer's innovative approach to serving merchants globally aligns with my belief in creating exceptional products that address customer needs. I look forward to enhancing Primer's offerings by focusing on feature-richness, reliability, and security."
Mallet will continue to operate from Berlin, while the majority of Primer's business will remain remote. His appointment further strengthens Primer's position as a leading player in the fintech industry.
Sitehop Recognised for Digital Innovation
Local technology firm Sitehop has been shortlisted for the Digital Revolution category at the 2024 Chamber Business Awards. This prestigious recognition highlights Sitehop's contributions to the UK tech industry and its innovative solutions for cybersecurity and networking.
A well-deserved nod to the Sitehop team founded by Melissa Chambers and Ben Harper for their hard work and dedication. Their commitment to technological advancement has undoubtedly played a significant role in this achievement. The company's recent success follows their successful seed funding round earlier this year, raising £5 million. This funding was led by Amadeus Capital Partners and Manta Ray Ventures, with participation from several other investors.
Sitehop addresses a critical challenge in the digital age: that current software encryption solutions slow down communications networks by adding delay to the system. Communications infrastructure providers face the choice of incurring significant additional costs by laying down extra fibre capacity to minimise the latency caused by encryption or to run lines without encryption which creates unacceptable enterprise risks.
Sitehop specialises in leveraging custom programmable hardware to optimise and accelerate cloud and telco networks. Their SAFEblade 1100 enterprise solution is particularly noteworthy for its ability to significantly reduce the attack surface for cybercriminals.
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