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Armed with $19.5 million, LiveEO represents the big data process between geospatial satellite exploration and industry

Berlin-based startup LiveEO has raised €19 million $19.5 million on the back of strong demand for its tech from companies working in transportation

Berlin-based startup LiveEO has raised €19 million $19.5 million on the back of strong demand for its tech from companies working in transportation and energy infrastructure. LiveEO is essentially the second wave of that development applications built leveraging that infrastructure. The round also includes the support of two government bodies the European Commission and the Berlin Investment Bank.LiveEO is one of a small but growing group of startups capitalizing on increasing interest in space among investors. The company says that its tripled revenues with customers in five continents and more than doubled its headcount to about 100 over the past three years.LiveEOs platform addresses a specific gap between space tech and enterprise data, covering not just physical objects but thermal progressions, how systems are moving, and more. Read More..

B2B Tech News | 3 years ago          

Most SEA directors anticipate ransomware attacks.

According to a new study by Kaspersky, most business leaders in Southeast Asia expect data theft, APT and ransomware attacks. Data theft Illegal trans

According to a new study by Kaspersky, most business leaders in Southeast Asia expect data theft, APT and ransomware attacks. Data theft Illegal transmission or storage of personal, sensitive or financial information is closely associated with APT attacks 75% and ransomware attacks 73%. The survey was conducted with 100 SEA executives from around the world. Expectations for these three malicious attacks are slightly more than double the global average of SEAbased business leaders. 7 out of 10 think their organization is too unlikely to be attacked by ransomware, so theres nothing to worry about. The majority of IT managers surveyed by SEA 81% believe that the security measures they have in place are sufficient to protect against ransomware activity. Read More..

B2B Tech News | 3 years ago          

Fortinet unveils small firewalls for hyperscale data centers and 5G networks

Fortinet has announced the FortiGate 4800F series of hyperscale firewalls, which it says sets new standards for security, scale, performance, and inno

Fortinet has announced the FortiGate 4800F series of hyperscale firewalls, which it says sets new standards for security, scale, performance, and innovation. The company says the compact firewall offers the highest performance figures of any compact firewall, with Security Compute Ratings that deliver up to 34x better performance than competitor solutions. The FortiGate 4800F supports 25 million connections per second to give MNOs the capacity they need to handle surges in traffic and large sustained loads of subscriber connections. Enterprises that require high performance can consolidate multiple firewalls into a single system, deploy native applications, and deliver the desired user experience. It is the first vendor delivering 400GE interfaces on a hyperscale firewall to support the most intensive use cases.Highperformance security at scale. The FortiGuard AIpowered security services deliver innovative realtime protection for known, zeroday and unknown threats for edge and core dep Read More..

B2B Tech News | 3 years ago          

Virgin Galactic postpones space tour flights until Q2 2023

Space tourism company Virgin Galactic delayed the start of commercial flights by another three months on Thursday as repairs to the spacecraft were de

Space tourism company Virgin Galactic delayed the start of commercial flights by another three months on Thursday as repairs to the spacecraft were delayed. Virgin Galactic has announced it will resume commercial service in the second quarter of 2023, the latest setback before its debut in space tourism. In afterhours trading, shares fell more than 10 percent to close at $8.19 a share. The stock is down more than 70% in the past 12 months. The company currently has an aircraft carrier, or mother ship, called VMS Eve, which is about 14 years old and undergoing a longterm overhaul.Virgin Galactic reported an adjusted EBITDA loss of $93 million in the second quarter, beating the loss of $77 million in the previous quarter Read More..

B2B Tech News | 3 years ago          

Keller Williams reports second quarter 2022 results

Keller Williams, the worlds largest real estate franchise by the number of agents, announced its results for the second quarter of 22. Revenue was $14

Keller Williams, the worlds largest real estate franchise by the number of agents, announced its results for the second quarter of 22. Revenue was $146.8 billion, up 1.0% from last years second quarter. There are over 176,000 agents in the US and Canada. Keller Williams had 192,742 agents worldwide as of June 30, 2022. In Q2 2022 alone, 3,098 net agents were added in the US and global regions in Q3 only. We again achieved doubledigit growth in most performance indicators, said the KWW president. Read More..

B2B Tech News | 3 years ago          

Instagrams NFT features are now available in 100 countries thanks to Facebook

Facebook-owned Meta launched non-fungible tokens NFT in 100 countries after a successful test in May. This comes after Meta merged with Coinbase and D

Facebook-owned Meta launched non-fungible tokens NFT in 100 countries after a successful test in May. This comes after Meta merged with Coinbase and Dapper wallets, as well as Trust, MetaMask and Rainbow wallets. The platform also added support for Polygon and the Ethereum blockchain. It is not yet clear whether the launch will include Kenya, the countrys biggest user of digital technology. Read More..

B2B Tech News | 3 years ago          

Solar EV startup uses Automotive News Europe Rising Star technology

Solar-focused startups use solutions from Rising Star 2018 winner Gorazd Gotovac. Elaphe Propulsion Technologies Chief Technology Officer Gotovac told

Solar-focused startups use solutions from Rising Star 2018 winner Gorazd Gotovac. Elaphe Propulsion Technologies Chief Technology Officer Gotovac told Automotive News Europe that Aptera Motors and Lightyear have chosen suppliers from Slovenia for their inwheel motors. Elaphe and Lightyear claim that the companys Lightyear 0 solar vehicle achieves 97% inwheel motor efficiency with a fraction of the thermal energy. Lightyear wants the car to be able to travel up to 20,000 kilometers per year on solar power. Elaphe also announced that it will manufacture and supply Aptera with 100,000 inwheel motors per year. Read More..

B2B Tech News | 3 years ago          

Central Bank of Pakistan orders original labels to leverage customers

The State Bank of Pakistan has ordered fintech Tag to immediately refund all funds to customers citing violation of regulatory requirements and other

The State Bank of Pakistan has ordered fintech Tag to immediately refund all funds to customers citing violation of regulatory requirements and other concerns. The central bank did not outline PDF which regulatory rules Tag had violated, but set a deadline of August 19 for the refund.Ahsan Khan, cofounder of Tag Fintech, has accused one of the startups other cofounders of forging documents to the Pakistan central bank. Tag counts Liberty City Ventures, Canaan Partners, Addition and Mantis among its backers. Read More..

B2B Tech News | 3 years ago          



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