News

WorkFusion expands $50M Series E round, adds Guardian, NewYork-Presbyterian, The PNC Financial Services Group and AI Capital as strategic investors

May 31

NEW YORK, May 31, 2018 /PRNewswire/ — WorkFusion, the leading robotic process automation (RPA) software company, announced the participation of strategic customers Guardian, NewYork-Presbyterian, and The PNC Financial Services Group in its Series E funding. The company also announced that Alpha Intelligence Capital (AIC), a fund dedicated exclusively to investing in companies with deep Artificial Intelligence technology […]

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EmployeeChannel Expands By Adding East Coast Operations

May 29

The workforce communication solution teams with Empire State Development (ESD) to open a software development center in downtown Rochester, NY.   EmployeeChannel, Inc. (http://www.employeechannelinc.com), today announced the company is opening a software development center in Rochester, New York. The company selected the Rochester location because of its proximity to local talent and the talent pool […]

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Kabbage Sees More Mobile Lending, Women and Minority Owned Businesses Seeking Funds

May 27

Online lending platform Kabbage says it sees more mobile lending, more women and minority owned businesses seeking loans and more businesses from rural and lower to middle income communities too.   Small Business Trends connected with Kathryn Petralia, president of Kabbage, to learn more about its core offering and other steps it’s taken to add […]

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Webscale Networks powers the engine beyond ecommerce

May 26

The infrastructure as a service market is $22.5 billion in size, and James Smith’s Webscale is working with every SMB and enterprise wanting to enter the ecommerce market.   Startup: Webscale Networks   Founded: 2013   Location: Bengaluru/Boulder-USA   Founder: James Smith   What do they solve: They help SMBs to migrate their website to the cloud and manage peak […]

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Ruby Ribbon CEO on The Trendiest Swimsuits of Summer 2018

May 25

It’s almost summer—which means that, beach-ready or not, you’re probably going to slip into a swimsuit sometime soon.   In case you’re not sure which styles are hottest (or coolest?) this season, Pinterest reported on some of their most-pinned styles, and this year’s top trending swimsuit is the PacSun Tri-lace Women’s One-Piece (saved 22k times). While that […]

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WorkFusion Adds to it’s $50M with Strategic Investors as it Bulks Up For Acquisitions

May 24

WorkFusion, a business process automation software developer, added two new investors to its $50 million April round.   The company’s new strategic investors include the large insurance company, Guardian; healthcare services provider New York-Presbyterian; and the commercial bank, PNC Bank. Venture investor Alpha Intelligence Capital, which specializes in backing artificial intelligence-enabled companies, also participated in […]

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Online lender Kabbage to launch payment services by year-end

May 21

NEW YORK (Reuters) – Kabbage Inc, a U.S. online lender for small businesses, plans to launch payment processing services by year-end, President Kathryn Petralia said on Monday, helping it to diversify and compete more directly with industry leaders PayPal Holdings Inc (PYPL.O) and Square Inc (SQ.N).   The Atlanta-based startup will offer tools to enable […]

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WorkFusion Releases Next Generation of RPA Products, Raises the Bar on AI-driven Automation in Enterprise

May 17

NEW YORK, May 17, 2018 /PRNewswire/ — WorkFusion announced today the general availability of its Intelligent Automation 2018 “Lumen” release, which delivers to customers major upgrades to its flagship AI-driven RPA product, Smart Process Automation (SPA), and starter product RPA Express. Lumen makes AI a self-service capability for business users and makes RPA simpler and faster to deploy […]

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BuildDirect Partners With Affirm To Offer A Simple Way To Purchase Home Improvement & Renovation Products Online

May 14

Customers Can Now Access Flexible and Transparent Financing Options and Pay Over Time For Purchases Made on BuildDirect.com   VANCOUVER, British Columbia, May 14, 2018 (GLOBE NEWSWIRE) — BuildDirect, the first technology platform for the home improvement industry, today announced its partnership with Affirm Inc., a financial technology company that provides transparent payment alternatives to traditional […]

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Laser manufacturer nLight jumps nearly 70 percent in IPO – Silicon Forest’s first in 14 years

April 26

The drought is over.   Clark County laser manufacturer nLight Corp. began trading Thursday morning on the Nasdaq exchange and shares jumped a remarkable 68 percent, $10.95 over the $16 offering price. It’s the first initial public offering for a Silicon Forest tech company in almost 14 years.   The debut was a resounding conclusion […]

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