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Your Shortcut to Restaking: HTX Liquid Restaking Offers Enhanced Rewards and Facilitates Team Participation

HTX

2024 could be labeled the "Year of Staking". Staking cryptos has become widely acknowledged as a means to accumulate wealth, which is evident across various blockchain ecosystems including Cosmos, Solana, Bitcoin, and Ethereum. Currently, potential token airdrops from popular projects like EigenLayer, Puffer Finance, Merlin Chain, and BounceBit are directly igniting the "Restaking" sector, fueling FOMO sentiment in the market. What are simpler ways to engage in sharing the on-chain rewards from the Restaking sector within the blockchain ecosystem? HTX Liquid Restaking emerges as the easiest method to get access to the Restaking sector. HTX Liquid Restaking Boasts High Value, Free Claims, Greater Flexibility, and Over $100M Staking Quota Since the launch of the HTX Liquid Staking event on February 29, HTX has pioneered as the first crypto exchange to enable users to participate in Restaking without any entry requirements. Highlighted by features like high value, free claims, and greater flexibility, the HTX Liquid Restaking event recently saw its reward pool double on March 25 with the addition of another $500 million staking quota. This enhancement means that participants can share rewards generated by $100 million staking quota. Moreover, participants can share corresponding crypto rewards after the platform takes a snapshot of their asset holdings in their Spot accounts and net equity in their Futures accounts. Users can register for HTX Liquid Restaking with their Spot and Futures account balances snapshotted to earn rewards, including: ● EigenLayer's initial airdrop (A trending Ethereum restaking project with TVL of over $7 billion) ● Puffer's initial airdrop (A trending Ethereum restaking project with TVL of over $1 billion) ● Merlin Chain's initial airdrop (A Bitcoin Layer 2 solution with TVL of over $1.5 billion) ● BounceBit's initial airdrop (A Bitcoin staking chain with TVL of over $0.45 billion) ● Crypto rewards, such as ETH, USDT, HTX, and TRX HTX provides easy access to the Liquidity Restaking event. Visit the Liquid Restaking event page on the platform, and users can easily enroll in the event with just one click. Remember to fund your HTX account by making deposits, trades, etc., to hold at least $1 worth of BTC, ETH, USDT, HTX, TRX, or other designated assets. HTX Liquid Restaking Enables Team Participation for Enhanced Rewards As the event continues to evolve, HTX Liquid Staking has introduced a new feature: team participation. Joining teams encourages teamwork and competition, empowering participants to leverage their influence, and offering an opportunity to claim greater rewards. Participation is as simple as creating your own team or joining an existing one. According to HTX's official announcement, the exchange has decided to further boost the event's reward pool by adding $20,000 worth of $HTX specifically for team leaders. (Stay tuned for more incentives for teams and team leaders.) As for the event details, it is reported that snapshots of the event leaderboard will be taken from March 25, 2024, at 09:00 (UTC) to April 24, 2024, at 16:00 (UTC). Rewards worth $20,000 in $HTX will be distributed within 7 working days after April 24, 2024, at 16:00 (UTC). Moreover, the rewards will be given to the leaders of top-ranked teams that hold the top 3 positions for the most days within 30 days by April 24, 2024. The rankings are based on the leaderboard's snapshots taken daily at random time during the event period. Specifically, teams will be ranked based on the team participating amount (the total assets of all members enabled for Liquid Restaking for the designated cryptocurrencies). The leaderboard can be viewed on the event page. Here's how you can create/join a team: How to create a team: Visit the Liquid Restaking event page > Click on Boost > Create Team > Set up the team profile > Share the invitation poster or link with friends; How to join a team: Scan the QR code on the invitation poster / click the invitation link > Visit the Liquid Restaking event page > Confirm / Enter the team invitation code > Join the team. In addition to creating or joining a team, you have the opportunity to receive up to a 150% boost on your rewards through the following means: 1) Daily trading fees, including net fees generated from spot, margin, and futures trading. The higher the daily trading fees, the greater your rewards get boosted. 2) $HTX holdings (in Spot and Earn accounts). HTX Introduces Support Plan for Leaders at Liquid Restaking Starting from March 29, HTX has launched a series of incentives aimed at facilitating the leveling up of high-quality teams. This includes raising the maximum team level in Liquid Restaking from level 16 to level 20 and significantly increasing the boost for leaders at level 7 and above. Additionally, it has also introduced a team leader support plan targeting high-quality teams. Support Plan for Leaders at Liquid Restaking: 1. Privilege to Expand Team Size Once a team reaches level 10, 150 spots are immediately added, increasing the maximum limit to 450 members. Once a team reaches level 15, 300 spots are immediately added, increasing the maximum limit to 600 members. 2. Official Resource Support From March 29 to April 7, leaders of the selected dark horse teams will receive official resource support for greater growth potential, including increased exposure and community support. Eligibility requirements for dark horse teams are as follows: Teams at level 15 and above with an amount increase of $10 million or more during the period. Teams from level 10 to level 14 with an amount increase of $2 million or more during the period. Teams at level 10 and below with an amount increase of $1 million or more during the period. Resource support includes, but is not limited to: a. Customized posters b. Recommendations and promotions at HTX's official community and platforms. c. Opportunities to be invited to join HTX's official live streams. For further details, please refer to https://www.htx.com/support/34966029252432 HTX Liquid Restaking offers users an easy, secure, and efficient investment option to secure their share of the on-chain rewards of the Restaking sector within the blockchain ecosystem, without worrying about asset safety and liquidity issues. About HTX Founded in 2013, HTX has evolved over a decade from a simple cryptocurrency exchange to a comprehensive blockchain business ecosystem. This expansion covers a wide range of services including digital asset trading, financial derivatives, wallets, research, investments, incubation, and more. As a world-leading portal to Web 3.0, HTX is committed to a growth strategy focused on global expansion, ecological prosperity, wealth effect, and safety and compliance. This approach enables us to offer comprehensive, safe, and reliable services and value to virtual currency enthusiasts around the world, reinforcing our position as a global gateway to Web3. Contact Details Michael Wang glo-media@htx-inc.com Company Website https://www.htx.com/

April 03, 2024 01:39 AM Eastern Daylight Time

HTX Ventures Invests in Camp Network to Build the Future for Onchain Consumers

HTX Ventures

Singapore / April 3, 2024 – In a move that underscores its commitment to broadening the reach and usability of Web3 technologies, HTX Ventures, the global investment arm of the cryptocurrency exchange HTX, has strategically invested in Camp Network. This innovative modular Layer 2 blockchain is specifically designed to cater to the unique demands of on-chain consumers within the vibrant sectors of music, media, and entertainment. Camp Network has announced the closure of a robust $4 million funding round. This new capital will be used to support the network as it approaches its mainnet launch and to accelerate the growth of over 20 teams already building within the Camp Network ecosystem. James Chi, Co-Founder of Camp Network, articulated the significance of this financial milestone, stating, “Blockchain infrastructure has developed tremendously over the past few years, and the future of blockchain will be defined by how this technology is delivered to and used by consumers worldwide. This investment will propel Camp Network’s mission to redefine the future of on-chain consumers and further develop our ecosystem for any consumer use case.” Edward, Managing Partner at HTX Ventures, elaborated on the rationale behind their investment: “For blockchain to gain widespread adoption, it's crucial to offer Web2 users innovative usability and experiences. The entertainment industry's exploration of new experiences for artists and fans sets the stage for Camp Network. By integrating Web2 user data with the Web3 experience, Camp Network aims to bridge the gap between traditional and new digital landscapes. Given the team's expertise, enthusiasm, and their success in current client on-boarding, this company could mark an exciting milestone for the Web3 industry.” User engagement data is one of the most valuable datasets, yet applications today struggle to track it. Through its “digital backpack,” Camp Network leverages off-chain engagement data from social and streaming apps—where most users’ digital identities exist today—to help consumer applications better understand and incentivize valuable behavior. The team has made incredible progress in the last three months since its initial launch. There are 20+ teams already building in Camp Network’s ecosystem, including a combination of native teams as well as teams migrating over from larger ecosystems. With the completion of its successful seed round, Camp Network is looking to double down on its ecosystem efforts to redefine consumer crypto. The company is launching its public testnet in April, ahead of a mainnet launch in June. About Camp Network Camp Network is a modular layer 2 blockchain built for mass adoption and use cases that people enjoy and engage with every day — culture, music, gaming, film, social media, sports and live events. The founding team is composed of three Berkeley alumni, and its broader team is made up of former employees from Goldman Sachs, The Raine Group, Figma, CoinList and Chainlink. About HTX Ventures HTX Ventures, the global investment division of HTX, integrates investment, incubation, and research to identify the best and brightest teams worldwide. With a decade-long history as an industry pioneer, HTX Ventures excels at identifying cutting-edge technologies and emerging business models within the sector. To foster growth within the blockchain ecosystem, we provide comprehensive support to projects, including financing, resources, and strategic advice. HTX Ventures presently backs over 200 projects spanning multiple blockchain sectors, with select high-quality initiatives already trading on the HTX exchange. Furthermore, as one of the most vigorous Fund of Funds (FOF) investors, HTX Ventures collaboratively forges the blockchain ecosystem alongside premier global blockchain funds, including IVC, Shima, and Animoca. Contact Details Michael Wang glo-media@htx-inc.com Company Website https://www.htx.com/en-us/ventures

April 03, 2024 01:00 AM Eastern Daylight Time

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Ethereum Could Hit $14K in 2025 As per Standard Chartered, Ali Martinez Predicts Bitcoin Will Reach $72K; KangaMoon Price Surges

Kangamoon

In recent times, Ethereum (ETH) has been the talk of the town. According to a Standard Chartered prediction, it could reach an impressive $14,000 in 2025. Meanwhile, analyst Ali Martinez foresees Bitcoin (BTC) reaching $72,880. KangaMoon (KANG) is also making headlines as a meme coin in Stage 4 of its presale and analysts predict it will hit $1 in 2024. An Ethereum Price Prediction by Standard Chartered Recently, Ethereum (ETH) has been on the rise. As per CoinMarketCap data, the Ethereum price surged from $2,947 to $3,467 over the last 30 days. In that time, its market cap also rose from $354B to $416B. According to Standard Chartered, the Ethereum ETF approval may push its value to $8,000 in 2024 and $14,000 in 2025. In the next two years, Ethereum is expected to perform at or surpass Bitcoin. The Ethereum crypto also trades above its 100—and 200-day EMAs while boasting 25 green technical indicators. Thus, experts foresee ETH hitting $4,500 within Q2 of 2024. Ali Martinez with a Bullish Bitcoin Price Prediction Bitcoin (BTC) is another crypto that has been soaring recently. In fact, the Bitcoin price rose from $51,100 to $67,250 in the last month. During that period, its market cap increased from $1T to $1.31T. Analyst Ali Martinez predicts that Bitcoin may reach $72,880 soon. The technical analysis of the Bitcoin crypto also paints a bullish picture. For instance, BTC is now trading above its 100 and 200-day EMAs while having 26 technical indicators showing buy signals. For all these reasons, market analysts forecast Bitcoin to reach a value of $84,000 within Q3 of 2024. KangaMoon (KANG): On Pace To Hit $1 While Ethereum and Bitcoin dominate headlines, meme coins like KangaMoon (KANG) are also making waves. This rising presale star has already obtained over $3.4M and is projected to reach $4M before April ends. KangaMoon is preparing to release a play-to-earn (P2E) game that uses its native token, KANG. With KANG, players can buy in-game items and boost their characters’ abilities. This immediately sets KANG apart from 99% of meme coins, which have no utility. Because of this, KangaMoon could emerge as one of the best new meme tokens. What makes KangaMoon different is how they build community. Before its official launch, KangaMoon gives active members of its community free KANG coins through engagement on various social media platforms. In other words, if you share, like or comment on KangaMoon’s social media posts, you may win free KANG before its launch. Currently, in Stage 4 of its presale, KANG has a value of $0.014 - up 180% from its starting price of $0.005. According to experts, this meme coin could be worth around $1 in Q2 of 2024 as a Tier-1 CEX listing is coming..They also base this prediction on KangaMoon’s ties to the P2E games market which Yahoo Finance projects will reach $885M by 2028. Will KangaMoon Pump Faster Than Ethereum and Bitcoin? Currently, KangaMoon has a market cap of $14M. With such a low market cap, KANG has a good chance of faster and more notable growth than Ethereum and Bitcoin. Because of this, KANG could become the next member of the meme coin titans. If interested in this presale, follow the links below and obtain a 10% bonus on each purchase. Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today! Website: https://Kangamoon.com/ Join Our Telegram Community: https://t.me/Kangamoonofficial Integrating GameFi and Play To EarnEmbark on your quest for glory. Assemble your champions, engage in epic battles or bet on your favorite fighters to earn $KANG tokens and exclusive rewards. Gain control of rare NFTs, unlock exclusive content and build alliances with fellow gamers as you ascend the ranks and leaderboards. Contact Details Kangamoon marketing@kangamoon.com Company Website https://kangamoon.com/

April 02, 2024 12:02 PM Central Daylight Time

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Hive Digital Technologies' Strategic Alliance with NVIDIA: A Leap Towards Digital Transformation

HIVE Digital Technologies

Hive Digital technologies Executive Chairman Frank Holmes joined Steve Darling from Proactive to share details about the company's engagement with NVIDIA, a pivotal player in the GPU market, particularly in Ethereum mining and the broader digital transformation landscape. Holmes highlighted Hive's substantial investments in NVIDIA's powerful GPU chips, initially for mining Ethereum and other cryptocurrencies. However, the company has now pivoted towards building ultra-high-performance computing systems. This strategic shift has elevated Hive to a platinum buyer status of NVIDIA's H100 GPUs, indicating the strong relationship between the two firms. Beyond the commercial relationship, Holmes emphasized the broader impact of NVIDIA's technology across various sectors, drawing parallels between attending NVIDIA's event and Warren Buffett's Annual Meetings. NVIDIA's trillion-dollar valuation and the unprecedented computational power of its GPUs are seen as transformative for industries worldwide. Holmes advocated for the rapid adoption of such technologies, including GPT chat, to streamline business operations. Regarding Hive's performance, Holmes expressed optimism, particularly in Bitcoin mining, which has seen substantial gains amid Bitcoin's price surge. With over 2,100 Bitcoins on its balance sheet, Hive anticipates further growth, especially with its focus on green energy and preparation for Bitcoin's halving event. This strategic positioning is expected to strengthen Hive's standing in both the Bitcoin mining and AI sectors, with significant developments like Amazon's acquisition of a nuclear reactor for electricity highlighting the evolving dynamics in data center operations. Contact Details Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com

April 02, 2024 01:00 PM Eastern Daylight Time

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Xalles announces subsidiary CashX partners with Fluid Tech to enhance Virtual Gift Cards

Xalles Holdings

Xalles Holdings subsidiary CashX CEO Stephen Combe joined Steve Darling from Proactive to announce an exciting partnership between the company's subsidiary, CashXAI, and Fluid Tech, a pioneer in virtual gift card technology and advertising platforms. This collaboration aims to revolutionize financial services by introducing virtual Gift Cards to CashX users. Combe explained to Proactive that through this partnership, CashX users now have the opportunity to purchase and send Fluid Tech's V-Cards, offering a unique and personalized way to gift. These virtual gift cards can be redeemed for a diverse range of nationally recognized brands, providing recipients with unparalleled convenience and choice. Furthermore, the initiative supports cause marketing by enabling a percentage of V-Card proceeds to be donated to charity, enhancing the social impact of every transaction. In addition to enhancing the gifting experience, the collaboration introduces a significant advertising platform to CashX's ecosystem. The platform features content from prominent companies such as P&G, Pepsi/Coke, and others, enriching the CashX service offering. This partnership not only benefits CashX users by providing access to a wider array of gift options but also opens new revenue streams for participating companies and merchants through increased visibility and engagement. Overall, the partnership between CashXAI and Fluid Tech represents a strategic move to enhance the financial services offered by CashX while providing users with innovative gifting solutions. By leveraging virtual Gift Cards and integrating a robust advertising platform, CashX is well-positioned to deliver value to both users and participating businesses, fostering growth and driving engagement within its ecosystem. Contact Details Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com

April 02, 2024 12:58 PM Eastern Daylight Time

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ARway.ai announces multiple new SaaS developer contracts in both the United States and Chile

ARway.ai

ARway.ai Chief Executive Officer Evan Gappelberg joined Steve Darling from Proactive to announce multiple new SaaS developer sign-ups for its augmented reality experience platform, focusing on AR indoor navigation. These partnerships represent significant milestones in ARway’s mission to revolutionize human interaction with physical spaces through augmented reality. Gappelberg explained that La Casa de Juana, a pioneering real estate platform based in Chile, has signed up for ARway's developer plan. La Casa de Juana specializes in offering comprehensive online services for evaluating and booking rental property tours. By leveraging ARway’s cutting-edge technology, they aim to prototype and introduce augmented reality real estate tours, enhancing their services and user experience. In addition, Navigine, a global provider of hardware-based indoor navigation and wayfinding software, headquartered in New York and Berlin, has joined forces with ARway. Navigine’s expertise in utilizing WiFi and Bluetooth technologies, along with its blue dot technology, offers indoor navigation experiences. With Navigine's specialization in indoor navigation through hardware and beacons, covering over 3,000 unique facilities, their collaboration with ARway signifies a significant advancement in providing innovative indoor navigation solutions to users worldwide. These partnerships underscore ARway’s commitment to expanding its capabilities and global reach, enabling augmented reality integration into everyday applications and revolutionizing the way people interact with physical spaces. Contact Details Proactive United States +1 347-449-0879 action@proactiveinvestors.com

April 02, 2024 12:51 PM Eastern Daylight Time

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Cloud DX Achieves nearly 100 % Contract Renewals worth 1.5 million in revenue

Cloud DX

Cloud DX CEO Robert Kaul joined Steve Darling from Proactive to unveil some exciting developments as the company aims for a 100% renewal rate among its clients whose contracts are expiring in the first quarter of 2024. As of the current date, 11 out of 14 potential renewals have been secured, with the remaining 3 expected to follow suit. Cloud DX specializes in executing contracts with various healthcare providers, offering Connected Health Kits that include approved medical devices and customized tablet computers. These kits are prescribed to patients for chronic care management, post-surgical recovery, remote rehabilitation, or palliative care purposes. Kaul highlighted the diverse range of clients renewing their contracts in the first quarter, including Canadian hospitals, primary care clinics in Alberta, family health teams in Ontario, community paramedic services in Ontario, the Canadian Lung Health Foundation, and a Canadian Provincial health ministry. These clients collectively enrolled approximately 2,900 unique patients in 2023. With the renewal of these contracts, Cloud DX has received orders for Connected Health Kits valued at $96,000 CAD.Furthermore, recurring subscription revenues from these contracts are projected to increase to $575,000 CAD per year, amounting to a total contract value of $1.5 million CAD by December 31, 2025. It's worth noting that Cloud DX maintains a robust gross margin of approximately 77%, as indicated in the company's most recent Financial Statements. Overall, these developments underscore Cloud DX's commitment to advancing healthcare through innovative technology solutions, while also solidifying its position as a leader in the industry. Contact Details Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com

April 02, 2024 12:46 PM Eastern Daylight Time

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Accesso's landmark deal with SEVEN marks strategic growth in the Saudi Market

Accesso Technology Group PLC

Accesso Technology Group PLC (AIM:ACSO, OTC:LOQPF) chief executive Steve Brown joins Proactive's Stephen Gunnion with details of a significant partnership with Saudi Entertainment Ventures (SEVEN). Brown said the collaboration highlights accesso's strategy to grow its global footprint, underlined by its 2023 acquisition of VGS, now rebranded as accesso Horizon. SEVEN, aiming to develop an expansive entertainment ecosystem across Saudi Arabia, plans to introduce over 21 attractions and more than 150 experiences across 14 cities. Horizon will be instrumental in managing admissions and entitlements for this vast project, offering comprehensive ticketing solutions and an overall visitor management system. Brown said the deal represents accesso's most substantial engagement in the Saudi market to date, providing a solid foundation for further expansion within the region. The accesso Horizon platform supports dynamic pricing, among other advanced features, aligning with SEVEN's ambitious plans. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

April 02, 2024 10:52 AM Eastern Daylight Time

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Scrut Automation raises $10M in growth capital from Lightspeed and MassMutual Ventures to accelerate growth in North America

Scrut Automation

GRC platform Scrut Automation announced today that it has raised $10 million in growth capital from existing investors Lightspeed, MassMutual Ventures and Endiya Partners. The Scrut Automation team will use the funding to enhance their platform capabilities, incorporate generative AI use cases to reduce the manual effort for risk and compliance teams and expand to North American and European markets. With this round, the company has now raised $20.5 million in total venture funding since its inception in 2021. Scrut Automation was created to address the unique risk and compliance challenges faced by tech-first mid-market businesses in highly regulated industries. These companies grapple with stringent compliance requirements from regulators and industry bodies, and mounting pressure to keep risk under the threshold, but are often hindered by limited budgets and understaffed teams. Moreover, a rapidly evolving threat landscape, accelerated by the adoption of generative AI, massive layoffs in cybersecurity teams, and the counter-intuitive, yet very real increasing skill gap in cybersecurity further exacerbate the problem for the teams. “Mid-market organizations have limited options,” says Aayush Ghosh Choudhury, Co-founder and CEO of Scrut Automation. “They can buy off-the-shelf compliance automation tools that offer a one-size-fits-all approach to compliance, disconnected from the organizational risks; or invest in expensive enterprise-grade tools with year-long implementation and underutilized features.” Scrut Automation provides a third option for companies that seek to build scalable GRC programs aligned with the organization’s goals, risks, and resources. Scrut helps companies consolidate their compliance and risk management processes while contextualizing their risks, reducing duplication of effort, and automating control monitoring. “A core USP for Scrut is offering an extremely high degree of flexibility in creating GRC programs that fits closely with the customer’s environment. For example, a financial services company in the lending space will have very different regulations, compliance frameworks, and risks from a healthcare services company for hospitals. Scrut accounts for this context - as the platform adapts seamlessly to these differences. Scrut has also built practice areas for regulated industries like healthcare, financial services, and enterprise software, that allow the platform to embed expertise in addition to automation,” added Aayush Ghosh Choudhury. The Scrut platform pairs this configurability with deep automation capabilities and a proprietary unifying control framework. Integrating across a growing library of 75+ products, Scrut automates tests across more than 70% of the controls, reducing manual effort in chasing control owners and capturing evidence. This enables GRC teams to get near-real time visibility into their risk and compliance posture, enabling them to take corrective action on time. The unifying control framework ties the organization’s controls to compliance requirements, which eliminates the duplicate effort required to demonstrate compliance with different frameworks. Scrut customer Keshav Kumar, Data Protection Officer at VWO said: “Over the last financial year, we entered new geographies and industries, which were key drivers for our rapid growth. Our compliance requirements grew at a similar pace. Sourcing information across stakeholders, through multiple Google sheets, slack channels, and emails for compliance is an arduous job, something we don’t have to worry about since implementing Scrut.” As Scrut continues to grow, it aims to help mid-market companies build strong risk and compliance management practices with reduced dependency on human capacity and expertise, through an AI-first GRC concierge. "A strong security posture has always been a core need for large enterprises globally. Given the increase in the number of breaches and attacks over the past few years as well as increase in regulatory compliance requirements, mid-size enterprises are now adopting strong Governance, Risk, and Compliance (GRC) practices. Scrut's user-friendly and market-leading platform reduces this burden for security and GRC teams. We are happy to reaffirm our commitment to supporting the Scrut team." says Dev Khare, Partner at Lightspeed. Scrut Automation has been recognized by G2, a social software review platform, on their 2024 lists for fastest-growing products and best security software. “Legacy GRC products are built for enterprises, but fail to meet the needs of high-growth tech-first companies,” says Anvesh Ramineni, Managing Partner at MassMutual Ventures. “ Scrut Automation is built specifically to cater to their needs and addresses their pain points seamlessly. We're excited to support Aayush, Jayesh, Kush, and the Scrut team in building one of the fastest-growing GRC platforms globally.” Prior to Scrut Automation, co-founders Aayush Ghosh Choudhury and Jayesh Gadewar were building a procurement suite, where they spent months trying to fulfill the risk and compliance needs of their enterprise customers. Recognizing this widespread pain, they teamed up with Kush Kaushik, their third co-founder, who was helping them navigate the challenging terrain of compliance, to build Scrut Automation. With Scrut Automation, they have helped over 800 customers worldwide build enterprise-grade GRC programs. The company has also added angels and advisors from SaaS and cybersecurity sectors, including Sandeep Johri (CEO, CheckMarx), Sachin Lawande (CEO, Visteon), Vetri Vellore (Ex-Corporate VP at Microsoft), Naresh Agarwal (Head of India R&D for Traceable), Davis Hake (Co-founder, Resilience) and Todd Dekkinga (CISO, Zluri), to name a few. About Scrut Automation Scrut Automation is a SaaS-based Governance, Risk, and Compliance (GRC) platform that enables risk and compliance teams to establish scalable security controls and processes, and automate workflows seamlessly. By consolidating processes and eliminating the need for multiple legacy platforms and spreadsheets, Scrut Automation provides complete visibility into organizational risks, reduces compliance workloads, and simplifies audits. For more information, visit https://www.scrut.io/ About Lightspeed Lightspeed is a global multi-stage venture capital firm focused on accelerating disruptive innovations and trends in the Enterprise, Consumer, Health, and Fintech sectors. Over the past two decades, the Lightspeed team has backed hundreds of entrepreneurs and helped build more than 500 companies globally including Affirm, Acceldata, Carta, Cato Networks, Darwinbox Epic Games, Faire, Innovaccer, Guardant Health, Mulesoft, Navan, Netskope, Nutanix, Rubrik, Sharechat, Snap, OYO Ultima Genomics and more. Lightspeed and its global team currently manage $25B in AUM across the Lightspeed platform, with investment professionals and advisors in the U.S., Europe, India, Israel, and Southeast Asia. www.lsip.com About MassMutual Ventures MassMutual Ventures (MMV) is a multistage global venture capital firm investing in financial technology, enterprise SaaS, healthtech, climate technology and cybersecurity companies. With teams based in London, Singapore, and Boston, MMV manages over $1 billion in investment capital across the globe. We help accelerate the growth of the companies we partner with by providing capital, connections, and advice. With our deep expertise and extensive network, MMV helps entrepreneurs build compelling and scalable companies of value.. For more information, visit https://www.massmutualventures.com/ About Endiya Partners Endiya Partners is an early-stage venture capital firm with a proven track record of investing in scalable product startups. With a deep understanding of their domain and vast experience in entrepreneurship and operations, the Endiya team plays a major role in developing scalable businesses. The firm’s notable portfolio consists of multiple category-creating companies, including Darwinbox, Cult.fit, Kissht, SigTuple, Zluri, Qapita, Eyestem, Sugar.fit, Mylo, Scrut Automation, Steradian Semiconductors, Karkinos, Grip Invest, Myelin Foundry, and BluJ Aerospace. Founded in 2016, Endiya Partners has $100M under management. For more information, visit: https://endiya.com/ Contact Details Scrut Automation Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.scrut.io/

April 02, 2024 09:00 AM Eastern Daylight Time

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