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Lido Finance provides access to various DeFi protocols through a single interface. In addition, the platform offers various services, including staking and yield farming, liquidity mining, and loan origination.

Recent developments have seen Lido Finance activate a staking rate limit after more than 150,000 ETH has been staked. Let’s take a closer look at what this means for Lido stakers.

What is Lido Finance?

Lido Finance is a Decentralised Autonomous Organization (DAO) built on the Ethereum blockchain. The mission of Lido is to provide a platform that enables users to optimise their crypto asset yield and overcome some inherent inefficiencies in the crypto and DeFi space.

To accomplish this goal, Lido offers three main products, including a full suite of liquidity-provider services called Liquidity Protocols (LP) and Yield Aggregation Services, allowing users to optimise their investment yields with minimal effort, and an innovative token-credit system known as yLDAO tokens.

As a DAO dedicated to decentralising finance, Lido rewards holders for their LP token holdings in DAI, ETH and many other cryptocurrencies. Additionally, each LP token holder can earn voting privileges by staking these LP tokens in the Liquid Democracy Voting Portal. Through voting on projects at various stages of development, stakers are financially incentivized for providing judgement on important decisions impacting the direction of the Lido ecosystem.

With its wide array of rewards mechanisms available for stakers and liquidity providers alike, Lido Finance provides an innovative platform capable of delivering value now and in the future.

What is staking?

Staking is a way for holders of financial tokens, like Lido (LDO) , to earn rewards by helping to secure the network by ‘staking’ their tokens. When users stake their tokens, they put them into a ‘pool’ with other users’ staked tokens and commit them to a smart contract on the blockchain. The users are then paid interest in the form of newly minted or existing tokens depending on the staking model used by the project.

Staking rewards vary from project-to-project and can be achieved in different ways. Therefore, users need to understand the process and fees associated before choosing to stake their cryptocurrencies. On Lido, both options are available for stakers: LPOS (Liquidity-based Proof of Stake) and VBFT (Variable Bounded Functionality Token).

LPOS is an incentive model encouraging stakers to provide liquidity to blockchain networks, like Lido’s public network. This ensures an even distribution of token holdings for validators and delegates (miners) to be incentivized appropriately for their work. In LPOS, holders of LDO are eligible for rewards twice daily or once daily depending on how much they stake and which pools they choose.

VBFT is a reward mechanism that uses validators and delegates elected through community voting — called Guardians — to provide network security in return for incentives expressed as rewards in native tokens (LDO). It works similarly to Proof of Stake or Delegated Proof of Stake but emphasises decentralisation via community voting power more than currency distribution among stakeholders after stakes expire. Validators receive rewards based largely on how many votes they get. In contrast, delegates receive compensation based on how many blocks they produce daily — similar incentives found with conventional PoS systems such as Bitcoin’s consensus algorithm.

Lido Finance activates staking rate limit after more than 150,000 ETH staked

On Wednesday, Lido Finance announced a staking rate limit after more than 150,000 ETH had been staked. This limit affects new and existing stakers and limits how much ETH stakers can earn from their staked Lido tokens. This will impact the network’s staking rewards, liquidity, and other aspects.

Let’s take a closer look at the impact of the staking rate limit.

What is the staking rate limit?

The staking rate limit is a new feature introduced by Lido, an Ethereum-based staking platform. This limit allows users to dictate the maximum rewards they receive from participating in the network’s consensus.

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When users set a staking rate limit on their wallet or account, it will prevent them from receiving rewards when their earned tokens exceed this predetermined maximum. This can be seen as an optimism cap on the rewards that can be removed from the network anytime.

The benefit of setting such a limit is that it prevents users from dedicating too much of their stake to maximise rewards and potentially lead to future problems in terms of resource utilisation and incentivization. Setting such limits also helps ensure fair access to token emission opportunities among all participants in the network. It thereby prevents any user from dominating the system’s rewards distribution by leveraging its disproportionately high stake compared to other participants.

By implementing these different rate limits — from daily, weekly or annual — Lido’s users can decide for themselves how much reward they are comfortable taking out at any given time, establishing a balance between potential earnings and tokenized investor protection.

How will the staking rate limit affect Lido stakers?

The staking rate limit refers to the maximum amount of tokens staked by a single validator. It was recently implemented by the Lido project for its native token, LDO. The current staking rate limit is set at 20%. This rate limit means that a single validator cannot stake more than 20% of the total supply of LDO at any given time.

The impact of this limit is twofold. First, it helps secure the network by preventing any single validator from having disproportionate control. Second, it restricts any validator’s earnings, meaning rewards are spread more evenly throughout the network.

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This new rate limit provides additional security measures to ensure a secure and fair distribution of rewards amongst all Lido stakers. In addition, the 20% cap also incentivises small-scale stakers who might otherwise not benefit from staking large amounts as larger players will be limited by the cap’s constraints. Ultimately, this rate limit helps to ensure that all participants reap their fair share of rewards and maintain a balance within the network’s security and economic incentives for all stakeholders involved in staking on Lido’s network.

Benefits of Staking with Lido

With Lido Finance’s recent activation of their staking rate limit, users can now benefit from staking ETH tokens to earn rewards.

This is a huge step forward for DeFi as more people are incentivised to join the network and participate in staking.

This article will explore the benefits of staking with Lido Finance.

What are the benefits of staking with Lido?

Staking with Lido is a secure way of earning rewards for performing essential maintenance activities on a network. It requires users to lock away their tokens and serve as “validators” on the network in exchange for a reward, usually in the form of additional tokens. When done correctly, staking brings numerous benefits to token holders including:

-Network Security: Staking provides security to a network. By staking tokens and validating transactions, users play an important role in securing and verifying the accuracy of the reported data. This increased security leads to stronger networks and blockchain systems that benefit users and developers alike.

-Increased Profitability: Stakers can generate higher returns than traditional financial investments such as stocks/bonds or cash deposits. This is due to most staking models having predetermined rewards that are given out rather than subjecting them to volatile market forces like price appreciation or depreciation. As such, anyone who invests in stocks or bonds can use staking as an alternative option for increased investment profitability.

-Credibility: When users stake their tokens they help increase the credibility of the project they support through providing community support and technological capabilities. This helps build trust among other stakeholders, developers, investors, and other partners involved with the project.

-User Engagement: Staking encourages user engagement with projects due to its incentivized structure; this fosters stronger relationships between platforms and its user base, contributing greatly to its overall success over time.

What are the potential rewards for stakers?

Staking with Lido has many potential rewards, and can provide stakers with greater security and flexibility in their investments. In addition, investors can earn rewards over time by locking up a certain amount of their funds in their Lido staking wallet. This reward system incentivizes active participation in the network and its associated governance decisions, making it more sustainable for the long-term.

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The most immediately visible benefit of staking is that it enables users to earn passive income through rewards for participating in block production and validating transactions on the blockchain. By staking their tokens, users can earn anywhere from 3-20% annually depending on the specific pool they join. Additionally, they may become eligible for other benefits such as reduced transaction fees and early access to new products or services being introduced to the platform.

Staking also increases the security of users’ investments by providing additional protection against malicious actors on the network due to its consensus algorithm that requires two-thirds of participating nodes to agree on changes before any action is taken. Furthermore, because coins held in a user’s Lido staking wallet can not be moved without first passing through a majority consensus process, they are much less vulnerable to hacking attacks than coins stored elsewhere like an exchange or personal hot wallet.

Lastly, by staking with Lido users can maintain access to their tokens. At the same time participate in decentralised governance where token holders directly influence core decisions within the network, ensuring that any proposed changes are fair for all stakeholders involved.

Potential Risks of Staking with Lido

The recent surge in staking of Ethereum on the Lido platform has triggered the activation of the staking rate limit, implying that risks of staking with Lido need to be assessed.

This article will address the potential risks associated with staking with Lido and what it means for Lido stakers.

What are the potential risks of staking with Lido?

By staking with Lido, you’d be investing your collateral in a protocol that allows users to borrow funds and use those funds to buy Ethereum. While staking your collateral provides a secure layer of protection from risk, there are still potential risks associated with the Lido platform. Below are potential risks you should know if you decide to stake with Lido.

– Deflationary Risk: The major risk is deflationary as the inflation rate for borrowing is significantly lower than for stakers, which could cause Lido users’ tokens to decrease in value over time. Rising gas costs would compound this on Ethereum which may also reduce value over time.

– Counterparty Risk: This ensures that all counterparties involved with entries into and exits from lending contracts remain honest and fulfil their duties per agreed-upon contracts. Since all transactions are done on a smart contract basis, there’s no guarantee these counterparties will honour their end of the agreement since they are anonymous entities.

– Penalty Risk: Each withdrawal event taken by stakers involves an associated penalty paid in ETH directly from them as lenders/borrowers. This penalty payment creates an additional layer of risk; one that should not be ignored when deciding whether or not to participate in the Lido protocol.

– Liquidity Risk: Liquidity can affect staker rewards if there is low liquidity, as more capital is required for borrowers than higher liquidity which enables more customers without increasing prices too much since more capital can sustain itself. Liquidity also determines how fast transactions happen and reduces slippage when executing large transactions through the platform. Finally, low liquidity leads to a less diverse pool of asset lenders offering on the platform.

What measures can stakers take to mitigate risk?

As with any financial decision, stakers must protect their interests when staking in Lido. To reduce the risk of loss from changes in price, unexpected events, and other potential risks associated with staking, there are a few precautionary steps investors can take:

1. Research the project thoroughly – understand exactly what you are getting into when you invest in Lido. Establish expectations ahead of time so that you know what kind of returns to expect and develop an exit strategy should market conditions change.

2. Monitor the token’s price performance – stay up-to-date on market price changes and ensure your position is secure if prices fluctuate dramatically.

3. Consider diversifying your stake portfolio – spreading your risk across various projects is one way to mitigate losses if a single project performs poorly on the market. This reduces the risk of having all eggs in one basket (or one project).

4. Make sure to maintain transparency with partners – only share or transact with reputable platforms and exchanges and never leave funds unattended on a decentralised network as theft could occur without notice due to its decentralised nature.

tags = Lido Finance, 150,000 ETH, Liquid staking protocol, Lido Finance, digital assets, lido ethereum horowitz 76k lidoramaswamytechcrunch, safety valve, ether

Ethereum is the second largest cryptocurrency by market capitalization and its blockchain is the foundation of DeFi applications and smart contracts. Therefore, many users and investors are interested in how to benefit from their ETH holdings.

Selling ETH may seem easy to capitalise on its value, but some important considerations need to be addressed.

This article will discuss why selling ETH may not be the best option for Ethereum users and investors. If you’re interested in learning more about Ethereum staking and its potential benefits, you may want to explore an unbiased Bovada casino honest overview.

Overview of Ethereum staking giant Lido

Ethereum staking giant Lido is a protocol that makes it easier to stake Ethereum and earn rewards on the network. It does this by aggregating users, using a bonded system in which users provide collateral in the form of other cryptocurrencies to back up their stakes, and providing an automated liquid staking service. This means that users can deposit their ETH into their Lido account. Then, the protocol will convert it into other crypto assets and put them in an escrow account for safekeeping. This safeguards the user’s ETH so they can still claim the rewards even if their holdings become empty due to being liquidated.

In addition to facilitating secure staking with automated liquidation, Lido provides access to features such as stake-based loans, “gasless” transactions (i.e transactions paid for with staked tokens), gas-free rewards distribution, voting rights on governance decisions affecting the market, etc. The protocol also allows users to view current and past market conditions from its powerful dashboard, giving them a better market overview at any time.

The advantages of Ethereum staking through Lido are clear; however, selling ETH for fiat currency without taking advantage of these features may not be the best option – mainly due to its volatile price movement and potential loss of rewards associated with actively staying involved with Ethereum network usage (which is especially important during chaotic times). Furthermore, withdrawn coins can no longer earn you any extra incentives before they are converted back – making this process more inefficient when compared to earning through active and secure staking operations generated through Lido’s interface.

What is Ethereum staking?

Ethereum staking is locking up ETH (Ether tokens) to receive rewards and help secure the Ethereum blockchain network. When coins are locked in a staking wallet, they are referred to as being “staked”. By validating and committing blocks of transactions on the Ethereum blockchain, stakers receive rewards for their contributions to securing the network. This reward is sometimes called an “inflation reward” because it is generated from new ETH tokens added to circulation each year. These rewards are typically in the form of fees paid by users responsible for processing Ethereum blockchain transactions.

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Staking has become an increasingly popular way for cryptocurrencies investors to generate passive income from their holdings without selling them and risk missing out on future price appreciation. Unlike proof-of-work cryptocurrencies such as Bitcoin and Litecoin, Ethereum uses proof-of-stake consensus meaning people can earn rewards just by holding onto their coins rather than expending energy (and money) by powering computers to mine blocks as with Bitcoin or Litecoin. However, it is important to keep in mind that while staking can provide a steady source of passive income, some level of risk and complexity must be considered when making such investments.

Sell or stake: Ethereum staking giant Lido mulls choices for its $30M ETH

Selling ETH has been a popular choice for Ethereum staking giant Lido, considering it has more than $30M in ETH. Of course, selling ETH can bring some money in the short term, but there may also be some drawbacks.

In this article, we’ll discuss the pros and cons of selling ETH and help you decide if it’s the right move for you.

Advantages of Selling ETH

Selling Ethereum (ETH) offers some financial benefits over holding it, such as the potential to turn a profit, access liquid funds and use the money for other investments. Below, we explore some of the potential advantages associated with selling ETH.

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1. Cash Flow: By selling ETH, you can access liquid funds that can be used for other investment opportunities or day-to-day expenses. This is particularly beneficial if you have been holding Ethereum for an extended period and may have excess amounts of coins that are not currently being utilised.

2. Profits: By selling your ETH when it has increased in value since purchase, you could make immediate profits on your investment. Knowing when to sell is essential; however, considering each person’s investment strategies and goals varies greatly based on their needs and risk appetite.

3. Diversification: Selling your ETH allows you to diversify into other asset classes or cryptos that may offer more attractive rewards than holding ETH long-term or only using it for transactions. Knowing how to diversify and allocate assets appropriately to grow one’s overall portfolio value and decrease risk exposure over time.

Disadvantages of Selling ETH

The primary disadvantages of selling Ethereum (ETH) include a volatile market and the uncertain future of blockchain technology. This digital currency has been highly volatile since its inception due to intense speculation. In addition, until government regulations are finalised, the price could remain in flux as buyers and sellers submit competing bids in different locations or countries.

As a digital currency, Ethereum is not managed by any central bank or other financial institution, meaning investors have no protection if something goes wrong with the blockchain technology that supports it. Similarly, Ether has no backing from physical assets like gold or silver, which may make it riskier than other investment options. Investors should also be wary of potential inflation risk if Ethereum becomes widely used as an economy’s main form of value storage because Ethereum’s total supply is limited and cannot be created at will like fiat currency.

In addition to fluctuations in value and the potential for fraud, selling ETH can lead to tax complications that might not arise when investing in more established currencies such as U.S. dollars or pounds sterling. The Internal Revenue Service (IRS) considers virtual currencies such as Ether taxable property and provides specific guidance to taxpayers on how to report their transactions under law; however, depending on one’s jurisdiction and residency status, taxes may vary significantly from place to place and period to period. Ultimately, before deciding whether to sell ETH or invest in any cryptocurrency product in general, investors should consult a financial advisor who understands the new laws related to digital currencies and what legal authorities regulate them around the world:

Pros and Cons of Staking ETH

Investing cryptocurrency can be tricky, especially with Ethereum, the second-largest digital asset by market cap. Investors in Ethereum have a few choices to make when selling or staking their ETH: sell the tokens, stake them, or use a staking service like Lido.

We will discuss the pros and cons of each option so that you can make a well-informed decision on what to do with your ETH.

Advantages of Staking ETH

Staking ETH is becoming an increasingly popular choice among cryptocurrency investors, as it offers benefits that can’t be found in other forms of ETH investments. Staking ETH allows investors to earn more than just the traditional appreciation of their funds.

The most notable advantage of staking is its potential for passive income. When Bitcoins are mined and sold, investors are limited to purely price appreciation as their only source of returns. With staking, on the other hand, investors can also receive rewards in the form of newly minted coins or Ethereum tokens on top of any gains from the increase in token prices.

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Another advantage of staking is that you may secure lower transaction fees when transferring and exchanging your coins compared to miners who have to pay higher network fees for profit from mining activities.

Finally, another big benefit is access to a wider variety of potential coins and tokens through different investment opportunities since most exchanges do not offer staked alternatives for investing in digital assets. By staking your ETH in a platform like Coinbase’s Earn feature, for example, you may access tokens not available anywhere else like DAI and LEND which are ERC-20 tokens built on top of Ethereum blockchain technology.

Disadvantages of Staking ETH

Staking ETH can be a great way to earn passive income from Ethereum and other related assets, however it does have some notable drawbacks. For one, with staking the user is taking on additional risk in the event of a market crash or large scale price correction. Furthermore, if the user cannot actively monitor their account and spot any problems, it could result in losses.

In addition to this added risk, staking ETH can incur costs such as transaction fees for withdrawals and commissions paid to the validators when issuing transactions. Another disadvantage of staking is that there can be significant latency before reward payments are received. Stakers may also be unable to access their ETH while in a staked position, which could inhibit liquidity and make urgent purchases more difficult or costly.

Finally, certain vesting schedules may be associated with certain protocols and networks that require users holding certain amounts of ETH for predetermined periods before converting them into other assets. Therefore, before committing funds to any particular protocol and network, it’s important to understand these terms and conditions to avoid any surprises down the line.

tags = Ethereum, staking giant Lido, $30M ETH, decentralized autonomous organization, Steakhouse Financial, lido 70m andreessen 10b lidoramaswamytechcrunch, LidoDAO, crypto, blockchain

Today, Lido, the Ethereum staking platform, announced that it has raised $70 million from Andreessen Horowitz (a16z).

Lido is a protocol layer enabling the automated staking of digital assets on Ethereum – it currently has an estimated 80%+ market share in Ethereum liquid stacking, and the assets staked on Lido are worth $10 billion or more.

This is a major milestone for the Ethereum community, and for Lido – let’s take a closer look at how and why Lido made such a large investment.

Background of Lido

Lido, a startup based in San Francisco, is an enterprise platform company fostering collaboration and workflow between teams. Founded in 2018 by engineers Amir and Sachit Gupta, Lido is the latest provider of tools to help all types of businesses increase productivity.

In October 2020, Lido closed a $70 million round of venture funding, led by venture capital firm Andreessen Horowitz & General Catalyst. This new funding brings the total raised to date by the company to over $120 million. With this latest investment, Lido plans to expand its platform capabilities globally through investments in partnerships and people.

The primary mission of Lido is to improve the way teams work together to drive better business outcomes. The platform helps employees collaborate more effectively by providing real-time updates on project status across functions & departments and reducing time spent searching for data across multiple sources. This leads to increased knowledge sharing among employees and improved decision making for managers across organisations. In addition, Lido provides powerful insights into team performance that let users measure productivity more accurately than traditional methods allow.

Overview of Andreessen Horowitz

Andreessen Horowitz (a16z) is a venture capital firm founded in 2009 by Marc Andreessen and Ben Horowitz. The firm has offices in Menlo Park, New York City, San Francisco, Palo Alto and Los Angeles and is most well-known for its investments in LinkedIn, Airbnb, and eBay. With an investment portfolio of more than 260 companies, it has become one of the leading venture financial investors in Silicon Valley.

The company focuses on mid- to late-stage investments to help technology companies grow quickly and sustainably. In addition to traditional venture capital funding, a16z provides entrepreneurs access to various resources, including talent acquisition and technology services. It also offers mentorship through its “Founders’ Circle” program which is tailored to guide capital raising strategy, business development strategy, hiring processes, IP protection positioning and M&A negotiations.

Recently a16z led a $70 million Series B round into Lido Markets. This trading platform seeks to address some of the common challenges faced by institutional traders and Wall Street firms looking to improve their trading infrastructure. With its latest funding round from a16z Lido plans to expand its focus on providing institutional traders with high paced algorithmic trading services and enhancing its market data offering.

Investment Details

Lido has an estimated 80%+ market share in Ethereum liquid staking and has just secured $70M from Andreessen Horowitz (a16z), a global venture capital firm.

Currently, the assets staked on Lido are worth around $10 billion and the firm is determined to take the Ethereum network to the next level. The investment is set to enable Lido to create a more efficient, secure and compliant product for users.

Let’s get into the details of this investment.

Investment Amount

On December 4th, 2020, it was announced that Lido had closed a $70 million investment led by Andreessen Horowitz, with participation from Sixth Street Ventures, Brigade Capital and existing investors including Grey Lock. The new funding round brings the company’s total raised to $101 million. It will drive the development of new products, build out international operations and accelerate talent hiring across all levels.

The recently raised funds puts Lido’s valuation in the hundreds of millions, as per a source close to the deal. Lido’s financial health is expected to remain strong as it establishes its presence in retail and institutional markets under the guidance of its new investors.

With this latest funding launch, Lido aims to give customers more access to financing solutions built around their needs. This includes providing better rates of liquidity coupled with more sustainable capital funding solutions for small businesses and individuals.

Valuation

The new financing round for Lido, a software company specialised in creating secure investment processing tools, was led by V.C. firm Andreessen Horowitz with a $70 million investment. With this investment, the company’s latest valuation is estimated to be around $670 million.

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The primary focus of Lido’s technology platform is to eliminate manual ‘risk and gaming’ processes to create a secure and highly efficient investing environment enabling traders to manage their investments better and more efficiently than ever. With this increased efficiency level, funds can be redirected into other areas, allowing for further growth within that organisation while maintaining the proper controls and risk tolerances needed to remain compliant with the ever-evolving accounting regulations protocols.

Use of Funds

Lido, a San Francisco-based startup developing an AI-powered workflow automation platform for the Exchanges & Clearing and Non-Bank Financial Services industry, has announced it has raised $70 million in a Series B round of funding led by venture capital firm Andreessen Horowitz.

The new funds will be used to support product and infrastructure investments and accelerate efforts to continue to innovate in workflow automation tools. The additional capital will also be used to expand its customer base, drive adoption of its enterprise services, and support operations to scale effectively. Additionally, the company intends on hiring more expert personnel in key team positions such as data science, engineering, product management, sales and marketing.

In addition to offering its enterprise services through its comprehensive platform designed for the finance industry modernise operations functions such as trading analysis, market access risk management with advanced performance monitoring capabilities.

LIDO, WHICH HAS AN ESTIMATED 80%+ MARKET SHARE IN ETHEREUM LIQUID STACKING, RAISES $70M FROM ANDREESSEN HOROWITZ; ASSETS STAKED ON LIDO ARE WORTH $10B+ (ANITA RAMASWAMY/TECHCRUNCH)

The recent news of Lido raising a $70 million Series A funding round from Andreessen Horowitz has sent shockwaves across the Ethereum community. Lido, which accounts for an estimated 80% market share in Ethereum liquid stacking, now has assets worth more than $10 billion staked on its platform. This investment signals Andreessen Horowitz’s commitment to the Ethereum space and their belief in the longevity of this blockchain network.

Let’s explore the impact this investment could have on the Ethereum landscape.

Market Share

The successful raise of $70 million from Andreessen Horowitz in a recent funding round for Ethereum-based DeFi platform Lido has been one of the major developments propelling the Ethereum network to further gains. As a result of this news, the market share of Ethereum has grown significantly over the past few weeks.

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Following this, there have been significant increases in Ethereum transactions and transaction costs on decentralised finance applications over its rival networks such as Tezos and Cardano. This is largely due to the rising popularity of DeFi which has seen an explosion in interest and adoption over recent times. This is mainly attributed to its capabilities such as allowing users to borrow and lend with greater liquidity; allowing users to use their cryptocurrencies as collateral for loans; providing new opportunities for users in yield farming; and expanding trading options via Decentralised exchanges (DEXs).

This surge in activity involving Ethereum has provided it with a much-needed competitive edge, pushing it ahead of other competing blockchain networks. Consequently, these activities suggest that the current market share held by Ethereum could well see further gains in the upcoming months as more investors come onboard its growing suite of services. It also suggests that Etheruem’s growth trajectory could potentially outpace its rivals in terms of market capitalization and daily transaction volume – something which could benefit holders of its native cryptocurrency Ether (ETH).

Assets Staked

An exciting milestone was reached earlier this year when the Ethereum-based Layer-2 scalability platform, Lido, announced it had completed a $70 million Series A raise round led by Andreessen Horowitz. The funding will help Lido scale up their product and accelerate the growth of their protocol.

One of Lido’s innovative features is their use of staking for asset security. By staking assets on Ethereum, users can prove the ownership of their digital tokens without needing to trust any third party institution or account creator. Such a feature is especially important today; it gives users complete control and assurance that their digital holdings are secure from malicious actors, exchanges or theft.

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Staking on Ethereum generally requires collateral to be held in escrow by a reliable entity as guarantees or insurance for token holders. Staked assets also help provide liquidity for DeFi protocols, preventing them from being paralyzed by a single malformed transaction – reducing risk and promoting prosperity within the ecosystem.

In exchange for proof of ownership, token holders will receive rewards such as rewards points and other incentives that add further value to your tokens. In contrast, banks provide only traditional savings accounts with low returns on the interest earned which limit long-term investments. As more capital flows into DeFi development funds, staked assets will demonstrate beneficial behaviour encouraging users to look beyond traditional means for financial yield generation.

The surge in injectivity provoked by Lido’s funding round has set off an exciting new wave of innovation within the Ethereum space; not just paving the way for more secure technology but unlocking new possibilities previously unavailable through traditional processes.

Network Security

With the recent capital influx from Andreessen Horowitz, Ethereum’s network security is bolstered as more and more funds are directed into the project’s developers and protocols. This further demonstrates the esteem with which Ethereum is held by venture capitalists and other influential financial stakeholders, providing further evidence of its ongoing success.

The funds raised give developers access to resources to create innovative solutions for scalability, high-performance finance, decentralised governance, and proof-of-stake protocols. As a result, transactional speed is expected to increase significantly due to better product development and enhanced technical infrastructure support. Additionally, improved network security helps protect against malicious attacks while offering users greater privacy and full control of their digital assets.

These new resources also help support the ecosystem by adopting blockchain technology so that users can securely store their credentials on the blockchain while reaping its associated benefits – such as increased efficiency and cost savings – to remain competitive within a rapidly changing market environment. With this new development, Ethereum stands poised to be a leader in improving network security through decentralised application development technologies for years to come.

Future Plans

With the latest funding of $70 million from Andreessen Horowitz, Lido has established itself as one of the top players in the Ethereum liquid staking space, with an estimated 80%+ market share. In addition, this round of funding has opened up many possibilities for Lido, allowing them to develop and innovate further in the space.

Let’s look at some of the plans Lido has for the future.

Expansion

Lido, a startup focused on making enterprise software deployments simpler, has announced the successful completion of a $70 million Series A funding round led by Andreessen Horowitz.

This new investment will accelerate the company’s business and technology development. Lido’s mission is to enable enterprises to quickly and easily build, deploy and operate their applications, removing the complexity of their IT operations.

The funds will enable Lido to build upon its current platform by accelerating product launches and expanding its engineering, sales and marketing teams. This comes in addition to developing its existing partnership portfolio, including companies such as Microsoft Azure, Google Cloud Platform, Amazon Web Services and Azure Active Directory.

With this investment, Lido also looks forward to leveraging its automation and artificial intelligence (AI) capabilities to improve IT operations processes for better efficiency. In addition, the company plans on leveraging data science to create predictive models that can help organisations minimise downtime during deployments so they can focus more on innovation instead of maintenance workflows. This will also ensure better reliability for production systems and improve end-user experience with faster response times for digital applications or services.

New Products

Lido, a biotech startup focused on precision medicine, announced that they have raised $70 million in their latest round of funding from Andreessen Horowitz. This additional investment brings the total investments raised to $90 million. The company plans to use this funding to develop new products and services to make precision medicine more accessible and affordable.

The initial focus of this funding injection will be directed towards advanced diagnostics. This includes expanding existing product lines such as the Lido Pocket Controller which allows patients to take an active role in their care by helping them monitor their health in real-time. Additionally, Lido intends to use these funds to develop artificial intelligence-powered diagnostic tools for patient and physician use.

Additional plans include the development of comprehensive treatments for specific conditions, drug delivery systems for more personalised therapies, and data analysis tools which allow healthcare providers access to insights gleaned from a larger population base – thereby enabling precision medicine at scale.

The team also plans to invest resources into further developing its secure cloud platform. It allows hospitals and providers worldwide to securely store data from which results can be analysed and shared with applicants’ consent, improving quality assurance across different lab testing procedures. In addition, with greater access to contextual information about patients’ histories alongside high quality testing protocols – outcomes should improve significantly moving forward.

Strategic Partnerships

Lido recently secured $70 million in funding from Andreessen Horowitz to help fuel strategic partnerships and propel its growth. The investment aims to build and scale the industry’s leading software suite for autonomous systems.

With this new capital, Lido intends to expand its strategic partnerships with industry-leading businesses in transportation, logistics, manufacturing, life sciences, energy, etc. Partnering with Lido offers customers a comprehensive solution dedicated to driving autonomy and enables them to participate in developing the industry’s future standards. Alongside an agile approach and automated tools like AI-driven vision components, LiDAR perception intelligence or AI sensor fusion algorithms, Lido works closely with partners to design a robust yet cost-effective user experience tailored exactly to their needs.

Lido’s mission is building safe autonomous technologies that change the world. As part of this effort, they are investing heavily in R&D efforts—the success of which will drive greater market penetration across industries and lead to measurable advances in safety standards worldwide. This latest funding helps bring that vision into focus.

tags = LIDO, 80%+ MARKET SHARE, ETHEREUM LIQUID STAKING,, RAISES $70M, ANDREESSEN HOROWITZ, lido andreessen horowitz 76k 10b lidoramaswamytechcrunch,

When evaluating investments, it is important to consider any potential risks of investing in the company. Lido is a real estate equity platform that provides access to residential and commercial real estate investments in the United States. While it offers numerous potential benefits for investors, such as liquidity and reduced transaction costs, some possible risks are associated with the platform. Understanding these risks can help individuals decide whether investing in Lido is right for them.

The following are some of the major risks investors should be aware of when considering investing with Lido:

– Liquidity Risk: The value of investments held on the Lido platform can fluctuate significantly and quickly resulting in a lack of liquidity options for investors. Additionally, funds may take time to become available after a sale transaction is completed or once requested withdrawals are processed.

– Credit Risk: Investors bear credit risk in terms of being unable to secure repayment for loans or notes issued by borrowers on the platform. This risk varies by investor type and depends upon factors such as the terms of the loan agreement or note investment regulations established by each state or jurisdiction.

– Property Risk: Investors who purchase properties through Lido take on physical property risk from environmental hazards, regulative burdens or other liabilities related to ownership of an underlying asset they purchase through the platform. Additionally, certain regulations may limit renovations which could impact returns on investment into these properties.

– Market Risk: Just like in any other investment, market and macroeconomic conditions can significantly impact returns realised by investors given expectations when they purchased their investments on Lido’s platform.

Overview of Lido

Lido is a new protocol for tokenizing interest payments on loans and can potentially revolutionise the world of lending and cryptocurrency. The protocol is gaining popularity due to its ambition to create a more open and transparent platform for investors. It is also well-positioned to take advantage of the growing DeFi industry.

Look deeper into the risks and opportunities associated with investing in Lido.

What is Lido?

Lido is an international financial marketplace for asset-backed investments. It provides users access to various asset classes, including equities, debt securities, options, and other derivatives. In addition, the platform enables users to invest in accredited companies and participate in innovations such as baskets of securities and syndicated debt offerings.

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Lido offers services that enable investors to access different types of asset classes through its network of financial intermediaries. This includes purchasing digital assets such as cryptocurrencies or tokens on supported exchanges. This accessibility exposes users to asset classes they may not have been able to access through traditional banking channels.

Like any other type of investment however, there are pros and cons associated with investing through Lido’s platform. The key benefits include:

  • Increased liquidity.
  • Higher yields.
  • Low minimum investment amounts.
  • Accessibility to various types of assets.
  • Quick onboarding process.
  • Simplified trading experience.
  • Enhanced transparency and trustworthiness across all transactions made on the platform.

However, as with all investments, there are risks associated with investing via Lido’s platform as well – given its relatively new status in the market – including potential for low trading volume and lack of liquidity compared against better established assets such as equities or bonds; limited investor protection given the reliance on third party providers rather than direct regulation from governing bodies; changes or cuts to fees or services provided without notice due to adjustments made by partnered exchanges or other service providers; potential cyber security risks from any data collected or stored digitally on Lido’s networked system; risks of illiquid investments leading all or some parts of a fund not being able reach expected returns during downturns in the market combined with risk associated with individual issuances available on its platform.

How Lido raises the stakes for crypto and DeFi investors

The Lido protocol is an innovative way to safely unlock the potential of DeFi without using Ethereum. It is designed to support the secure management and interoperability of DeFi assets while providing liquidity in pools and a safe environment for users to interact and operate in. It is a layer-2 scaling solution created by Starkware and Optimism, a global consortium of technical leaders, VCs, and investors striving to develop safer, secured, more scalable DeFi protocols.

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Lido relies on two layers: the base layer powered by Ethereum; and an additional secondary layer which helps provide better scalability and performance through state channels (off-chain channels), allowing users to access different products like lending or derivatives with cheaper fees than on-chain transactions. Additionally, the protocol enforces siloed security between the base and secondary layers, minimising attack risk exposure from malicious activities across multiple DApps. Furthermore, each user has independent control over their assets, ensuring Segregation of Assets & Liabilities – if one user experiences losses within one asset pool or product, then another user’s funds are not impacted by this failure.

The primary goal of Lido is to increase efficiency and reduce costs within DeFi by making it easier for users & developers alike. In addition, it helps create worlds within worlds rather than having everything be part of one single ‘world’ to allow people full sovereignty over their digital assets while increasing safety & security at the same time.

What are the benefits of using Lido?

Lido is a FinTech platform that enables users to access various financial services including investments, banking, and insurance. In addition, it offers a range of features and benefits that make managing your finances simpler and more accessible.

One of the main benefits of using Lido is its diversified range of available investments. It offers access to international stock markets, crypto-currencies, and traditional investments such as savings deposits, mutual funds, stocks and bonds. This range of options allows users to tailor their investment portfolio to their risk preferences.

Another useful feature of Lido is its user-friendly mobile app. It allows investors to monitor their portfolios in real-time, set up alerts for when certain market events occur and configure automated investment strategies according to their risk appetite.

Lido also simplifies the process of investing by providing research data from external sources on each asset class, offering users guidance before they commit to an investment decision. Furthermore, it also uses sophisticated algorithms that analyse prices on different exchanges and calculate the average price before executing trades at the best available rate.

Finally, Lido provides a secure platform with advanced encryption technology that guarantees the safety and privacy of user information. This ensures risk minimization for the user’s financial data which contributes greatly towards making the entire experience safe for its customers.

Risks of Investing in Lido

Investing in cryptocurrency and decentralised finance can be an attractive investment opportunity, especially with the rise of Layer 2 solutions like Lido. However, Lido offers higher reward potential, introduces higher risk, and can be quite volatile.

This article will dive into the potential risks of investing in Lido and how it raises the stakes for crypto and DeFi investors.

Volatility Risk

Investing in digital tokens like Lido (also known as cryptocurrencies) involves substantial risks that cannot be avoided by exercising portfolio management or due diligence. The prices of digital tokens can be volatile and unpredictable, rising or falling in value at any time, subject to numerous external factors. This volatility can have a direct impact on the returns that investors may receive from the purchase of any cryptocurrency token. Additionally, offline vectors may have potential risks such as a lack of liquidity or failure to meet regulatory requirements, which could result in losses or a substantial price drop.

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Furthermore, investors must know that cryptocurrency is largely unregulated due to its decentralised nature and international scope. It is up to individual investors to take extra caution when investing in cryptocurrencies because different digital tokens are subject to different laws, regulations and enforcement standards differing by jurisdiction. As digital tokens become more mainstream, the regulatory landscape could change substantially over time, impacting not only the value proposition but tax requirements on profits earned from investing in cryptocurrencies such as Lido.

Liquidity Risk

Liquidity risk is the risk that an investor cannot easily sell their Lido holdings when needed to access available cash for other purposes. Again, this concerns products, such as Lido, that are still relatively new and untested by the market.

Suppose many investors were to try and sell their Lido holdings simultaneously. In that case, it could cause a decrease in liquidity and potentially even shock the market as buyers may not be willing or able to purchase all of these assets. The lack of liquidity would likely result in investors being unable to easily access cash and would likely create price volatility within the market—potentially resulting in investor losses.

Regulatory Risk

Regulatory risk is an important consideration for investors looking at Lido as an asset class. While the blockchain technology used by Lido allows for high levels of security and privacy, increasing considerations are being made at the regulatory level about how such assets and systems should be managed. For example, several governments worldwide have moved to create legislation that tightens controls around how tokens can be bought and sold and which organisations have access to the underlying assets.

In addition, many countries have yet to address digital assets on a regulatory basis. This situation may lead to uncertainty surrounding lido investing over the near term, especially in jurisdictions where regulation is unclear or nonexistent. Official laws and regulations being enacted in different countries may block lido users from participating in certain activities. At the same time, governmental organisations may seize or restrict digital asset tokens if they deem them illegal or associated with illicit activities.

Investing in Lido carries high investment risk due to its volatile nature. Fluctuations in market conditions may result in deposits becoming unusable or valueless altogether; potential investors should consider this when deciding whether to invest. Additionally, suppose technical advancements make it easier for new players to enter the market or cause existing services or products to become obsolete. In that case, this could lead to further downward pressure on prices and shifts in momentum away from particular tokens promptly after listing on an exchange.

Counterparty Risk

Counterparty risk is a type of investment risk associated with Lido and other investments that arises from the possibility of another party in a contract or agreement not fulfilling their obligations. It is common when dealing with bonds, futures contracts, options and other investments that involve two or more parties. Lido is subject to counterparty risk as it relies on various parties to regulate and issue tokens on the blockchain network for its continued operation.

This type of investment risk can manifest itself in many ways. For example, if one of the entities responsible for issuing tokens malfunctions or becomes insolvent, this can cause token holders to lose money. Unforeseen market developments can also lead to changes in token values and increase counterparty risk exposure. Additionally, new legislation that could negatively affect existing investments in Lido may be passed without warning.

To reduce counterparty risk, investors should be aware of regulations governing Lido token trading and current financial trends to make informed decisions regarding their investments in the platform. They should also maintain good records of transactions to properly monitor their investments and assess any potential risks they may face. Additionally, investors should always maintain a diversified portfolio to ensure that their funds are not subject to too much exposure from any single source or entity.

tags = Lido, crypto, DeFi investors, most-used blockchain, Ethereum, proof-of-stake (PoS), lido ethereum andreessen horowitz 10b lidoramaswamytechcrunch, market leader for Ethereum liquid staking

Jon Miller, co-founder of Marketo, recently raised $22 million for his new marketing startup, Engagio. Engagio is a platform for B2B marketing, focused on providing a full-stack approach to customer engagement and relationship building.

With this new platform, Engagio aims to revolutionise how marketers engage their audiences and empower them to take their marketing efforts to the next level.

Let’s explore what makes Engagio stand out from the competition.

Overview of Engagio

When it comes to marketing, no one-size-fits-all strategy works for every organisation. That’s why at Engagio, we take a tailored approach. Our philosophy of engaging the right people with personalised messages is based on the principles of relationship marketing. We firmly believe in treating customers and prospects as individuals, so they feel cared for, understood and appreciated when they interact with your brand.

To make this possible, we put our people first – every member of our team brings unique skills and experiences which shape our processes and campaigns. From expert strategists to creative minds, our team has deep knowledge in several industries to ensure we deliver effective campaigns that drive meaningful results.

Engagio utilises cutting-edge technology alongside data-driven insights to create holistic customer profiles and develop custom strategies for you and your customers. Every campaign is planned around data analytics to ensure that the results are precisely what you need from them – from increasing product adoption or driving lead generation and nurturing them until conversion – all done through automation!

Co-founder of Marketo raises $22 million for Engagio

Jon Miller, co-founder of the popular marketing automation company Marketo, recently announced that his new venture Engagio has raised $22 million in Series A funding. This round was spearheaded by Norwest Venture Partners and included Formation 8, Storm Ventures, FundersClub,NextWorld Capital and several other investors. The investment aims to help Engagio build out its intelligent account-based marketing platform to simplify marketing for B2B companies.

Engagio aims to provide a holistic view of ABM (account-based marketing) investments and opportunities across multiple channels. This requires an integration of multiple technologies into one platform that is easy to use and highly accurate in terms of reporting on performance. Engagio seeks to provide an end-to-end solution that bridges the gap between sales and marketing teams’ communication needs. It will aim to provide dashboards that surface actionable intelligence insights quickly across demand gen activities such as webinars, email campaigns and account development initiatives.

Through this investment Engagio can build out its capabilities to reach more accounts with larger data sets and enable users to personalise their campaigns at scale using AI capabilities such as natural language processing (NLP). The goal is for each user’s individual interactions variables with prospects — including emails sent, webinar registrations received, website visits for particular products or solutions — will all work together within this technology stack so marketers can have a full view of their engagement efforts with any given customer base or list size.

Co-founder of Marketo raises $22 million for his new marketing startup, Engagio

Jon Miller, Co-founder of Marketo, recently raised $22 million for his new marketing start up, Engagio. Engagio is looking to become the forefront of marketing technology, by introducing a new and unique approach. Engagio focuses on personalization and customer engagement to build strong relationships and increase loyalty.

In this article, we’ll explore Engagio’s unique approach to marketing and the various strategies they employ to stand out from the competition.

Leveraging AI and machine learning to personalise customer experiences

Engagio leverages advanced Artificial Intelligence (AI) and machine learning technology to personalise customer experiences. By utilising data from email campaigns or website visits, the system can determine each customer’s unique interests, provide better segmentation and targeting of customers, and give insights into what types of content will likely resonate with them for future campaigns.

The Engagio AI model further helps marketers personalise the customer experience by delivering contextualised messaging across multiple channels such as emails, social media platforms, web push notifications, SMS or other digital touch points. Automated message triggers can be set up to inform customers at relevant moments throughout the customer journey such as when they are considering making a purchase decision or leave a page without taking action. This way customers will always receive messages tailored to their specific needs and interests.

Additionally, Engagio’s AI technology can be used for predictive analytics which informs marketers on what user actions might lead to positive outcomes – such as a purchase – in future interactions with each customer. This helps marketers tailor their campaigns promptly to ensure maximum returns on their marketing investments.

AI-powered marketing solutions such as Engagio’s enable companies to build an engaging relationship with their customers through smarter segmentation & personalisation of content delivered at relevant moments throughout the sales cycle; thereby improving customer retention rates and driving long-term success for businesses.

Combining data from multiple sources to create a unified view of the customer

At Engagio, we understand one of the biggest challenges marketers face today is having a unified view of their customer. With multiple channels to communicate with customers, it can be challenging to get a full picture of customer engagement. To combat this challenge, we built our platform combining data from multiple sources into one unified view leveraging our Data Library technology.

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Our Data Library technology allows us to source relational and customer data from disparate systems across the enterprise and combine those datasets into a single source with only two clicks. By bringing the various sources together in one place, marketers no longer need to manually pull segmented reports across channels. This saves them time on report analysis and helps them act quickly when needed changes arise in their marketing strategy or tactics.

Better yet, our Data Library takes this task off your plate so you can focus on designing and executing engaging experiences while benefiting from an ever-growing pool of knowledge: customer segmentation information delivered by a variety of sources that let you customise which data points are presented in your reports – such as user behaviours, A/B testing results, and analytics results – all in real time!

With our unique approach to collecting data across all sources, Engagio enables marketers to finally have access to unified customer information that they need to effectively engage their customers and increase loyalty.

Utilising a “people-based” approach to marketing

Utilising a “people-based” approach to marketing is one way that Engagio sets itself apart from other marketing companies. Rather than targeting individuals based on certain categories such as demographics or interests, Engagio uses personas to create meaningful one-on-one relationships with customers. This method helps to better align communication with customer preferences and needs while creating value through engagement.

The use of technology allows the company to identify the right contacts based on their digital actions and interactions across all channels, automatically record those interactions, and reshape their engagement into personalised experiences. This capability provides the data needed to develop a deeper understanding of their customers and make relevant predictions, allowing them to track success throughout the customer journey.

Engagio partners with some of the industry’s top sales and marketing technology providers, giving them access to many types of data including web analytics, CRM systems, intent data, mobile analytics and more — all in one place.Engagio also offers various services beyond message-based services so that marketers can see what content works better for their customer base for complete customization. All these tailor-made services align perfectly with customers’ interests and goals so that they feel appreciated rather than overlooked when communicating with Engagio’s team.

Engagio’s Platform

The engagement-based marketing platform created by Engagio is designed to help businesses deliver personalised and engaging customer experiences. With the help of Engagio’s platform, marketers can easily measure the impact of their campaigns and analyse customer behaviour to identify opportunities for improvement.

Engagio and Marketo co-founder Jon Miller have raised over $22 million to build this platform and help marketers succeed.

Let’s take a closer look at what the platform has to offer.

Engagio’s “Marketing Orchestration Engine”

Engagio’s “Marketing Orchestration Engine” is the cornerstone of Engagio’s platform. The marketing engine allows users to create, execute and optimise campaigns across multiple channels. In addition, it includes various features such as a CRM integration, segmentation, testing and analytics capabilities, website personalization and more.

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Engagio’s platform makes it easy to orchestrate conversations with customers at every stage of their journey on the fly, creating personalised experiences that effectively engage prospects and customers. In addition, it provides a “one-stop shop approach” for managing contacts, campaigns, leads and accounts in one central location.

The engine leverages the power of customer intelligence to track customer touchpoints across different channels and leverages advanced analytics such as attribution and optimization models to measure success. This helps marketers determine which tactics most successfully drive conversions or improve loyalty. In addition, Engagio offers automation capabilities that enable marketers to easily create case studies or nurture campaigns with customised content based on user behaviour or preferences.

With Engagio, marketers have access to intuitive dashboards that give insights into customer behaviour enabling them to expand targeting efforts by integrating data from other sources such as sales metrics and customer preferences. Additionally, utilising powerful segmentation tools in-built into the engine allows for further customization of messages which enhances overall campaign efficacy—ultimately helping organisations increase engagement levels with their target audience leaving them equipped for success!

Engagio’s “Engagement Score”

Engagio’s platform uses an algorithm based on the customer’s interactions with your company to create a unique “Engagement Score”. Your customers’ scores can become part of the larger data set in your MarTech stack, allowing you to understand each customer’s behaviour and purchase history, including their engagement with marketing campaigns or channels.

The Engagement Score is a weighted metric, based on various factors, that identifies leads and contacts that require the most attention and effort from your sales staff. This score considers how often a contact interacts with content or emails, how frequently they engage with their customer success manager (CSM), if they stay current on their product usage and more. Leveraging these different engagement signals helps you direct your team’s focus to those leads who best fit within your target market.

By evaluating customer behaviours across all channels, you’ll be more likely to predict potential customers’ willingness to purchase using less expensive methods like email campaigns and inbound calls instead of costly outbound calls or events. This will make your company more efficient in marketing its products or services and result in higher ROI for every dollar spent.

Engagio’s “Engagement Hub”

Engagio’s extensive Engagement Hub is designed to support advanced customer engagement. It provides a comprehensive set of targeted, personalised marketing and communication capabilities across the marketing mix – from acquisition, cross sale and loyalty to product lifecycle management. In addition, it enables marketers to orchestrate customer journeys across marketing channels and devices.

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The platform can be used out of the box, with zero setup required. It ensures customer retention is kept high, saving businesses time and money on finding new customers and reducing friction in customer experience. The Engagement Hub’s intuitive dashboard-based design makes it easy to create campaigns, set up rules, and monitor real-time performance analytics.

Engagio’s “Engagement Hub” includes a range of features such as:

  • Automated segmentation based on previous interactions.
  • A/B testing.
  • Single view of customer data.
  • Advanced campaign analysis & optimization.
  • Multi-channel campaign execution.
  • Communication management tools.
  • Powerful integrations with multiple systems such as CRM or web analytics products.
  • Agile publishing capabilities for social media & webcasts.
  • Embedded analytics and interactive dashboards.

All these features combine to give users an unparalleled experience when managing their campaigns and obtaining insights about customer behaviours & preferences.

Benefits of Engagio

Engagio is a marketing startup co-founded by Jon Miller, the former co-founder of Marketo. The startup has recently raised $22 million in funding to help its mission of providing the best in class marketing services.

In particular, Engagio’s approach to marketing is unique, as it is focused on driving customer engagement and improving customer relationships.

In this article, we’ll discuss the benefits of Engagio and its unique marketing approach.

Increased customer engagement

Engaging customers isn’t just about making them feel appreciated and welcome — it’s also about building relationships with them. When customers view your business positively and recognize that you are invested in their success, they are likely to remain loyal and purchase from you again. Engagio’s platform helps promote customer engagement by creating personalised experiences for each customer, giving them a sense of ownership over their relationship with you.

With Engagio, businesses can access customer data that allows them to better understand whom they relate to most and how frequently. This data also helps inform marketers about best strategies when engaging different customer groups. In addition, with optimised messaging based on a better understanding of users, businesses can introduce targeted content that more easily resonates with customers, enabling effective and profitable conversations instead of generic one-size-fits-all approaches with predictable results.

Engagio also provides contact management tools that enable the easy tracking of leads as they move through the sales funnel, enabling timely follow up and follow through on campaigns to create genuine engagement. In addition, real-time segmentation allows marketers to target specific groups with tailored messages and analytical insights gained from automated machine learning algorithms. These help identify high-value channels or audiences where campaigns will have the greatest impact and results.

Improved customer experience

Engagio provides a powerful solution to improve customer engagement throughout the customer lifecycle. The Engagio platform enables marketers to target customers based on their behaviour and user interests with personalised messages, offers and promotions tailored to their needs. This unique approach to marketing helps businesses create lasting relationships with their customers by providing relevant information, helpful advice and valuable incentives to drive sales, increase loyalty and overall satisfaction.

Engagio leverages powerful data analytics to better understand customer preferences and make automated decisions about how best to engage with them to maximise conversion and retention rates. This capability enables marketers to deliver timely communications that are highly relevant, increasing customer engagement levels and driving more business transactions.

At the same time, Engagio’s platform ensures that customers feel heard by keeping all conversations private and secure, allowing customers to give feedback without feeling vulnerable or at risk of being exposed publicly. In addition, Engagio’s ability to send exclusive offers tailored specifically for each customer motivates them to stay engaged while also building brand loyalty.

The Engagio platform is designed with your bottom line in mind — helping your business maintain a consistent quality service while reducing costs associated with manual operations such as print campaigns or third-party advertising agencies. In addition, by leveraging the power of automation and data analytics provided by Engagio, businesses can save time on research while freeing up resources needed for important strategic tasks such as brand building or product development.

Increased ROI

Engagio enables marketers to deliver data-driven, measurable ROI with its unique approach to reaching their prospects and customers. The platform allows marketers to target relevant audiences and measure their marketing efforts based on response, engagement, and conversion rates.

Additionally, the platform provides detailed insights into user behaviour on emails, websites, and landing pages that can help marketers refine their campaigns in real-time. Engagio also offers advanced analytics capabilities such as funnelling data across channels so that businesses can make better-informed decisions as they craft their strategies.

With Engagio’s powerful suite of analytics tools and features, companies can be sure they are maximising their return on investment with each launched campaign.

tags = Co-founder of Marketo, Marketo, raises $22 million, new marketing startup, Engagio, Jon Miller, FirstMark Capital, census salesforce marketo 16m capitallardinoistechcrunch

The Census Bureau has announced the closing of its Series B funding round. The round was led by global investment firm Goldman Sachs and participated in by existing investor Accel. The round raised $60 million on a pre-money valuation of $630 million, valuing the company at a post-money valuation of a little over $690 million. This investment is expected to provide additional resources to help the organisation accelerate its mission and enable more people to access critical parts of their communities, such as transportation networks, education options and quality healthcare.

The Census Bureau provides high-quality regional data on population growth and economic activity to local, state and federal governments to support decision-making in business recruitment, community development, public policy and education planning – serving as one of the nation’s leading sources for geographic data.

This latest funding will be used for further investments in modernising its data collection platforms, upgrading its analytics capabilities and working toward greater accessibility for all users – from novice census takers to data scientists – with an easy-to-use interface that requires no specialised training. This new infusion of capital will also go towards growing hiring across all departments including engineering, product management and customer success teams globally.

Census confirms it has raised a $60M Series B on $630M valuation

The Census Bureau recently confirmed that it has completed a $60 million Series B funding round on a $630 million valuation. This marks a major milestone for the company as it looks to expand its services and market share.

This article will provide an overview of the funding round and its implications for the company. We will also discuss the details behind the funding so you can better understand the overall dynamics of the deal.

Investor Details

The Census Bureau has released the investor details of the funding round. The Series B investors in this round include several well-known firms from the venture capital and growth equity space. Accel, the well-known venture capital firm, was joined by various other investors, such as Index Ventures, New Enterprise Associates (NEA), and Foundry Group. Accel led this funding round with additional support from Dialog Semiconductor and an undisclosed strategic investor.

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The $60 million from these investors will be used to grow the various initiatives built on the platform – such as new products, acquisitions and other strategic partnerships. In addition, this investment is helping to fuel expanded customer adoption and increased capabilities discovered through research backed up by user feedback.

These investments will help position Census Bureau to continue driving innovation within its industry and become a national and international leader in its category.

Investment Amount

The Series B round was led by venture capital firm Accel and included investors such as Emergence Capital and Thrive Capital, as well as previous investors Andreessen Horowitz and Founders Fund. The total amount of money raised was $60 million, the company’s valuation being cited at $630 million.

In addition to this investment from venture firms, current investors such as Google Capital participated in the round. This brings the total amount of funds raised by the Census Bureau to date from notable investors including Index Ventures, Bessemer Venture Partners, and Harrison Metal to near $120 million.

The funds will be used for continued product development, hiring new employees in technology and operations departments, building out infrastructure towards capacity scaling needs, and increased investment efforts in data intelligence capabilities across consumer products and its enterprise business model. In an internal press release celebrating the news of the newly raised funding round , Census Bureau CEO Lee O’Neil said that “We’re extremely excited to have received this vote of confidence from our existing partners —we’ve grown rapidly since our launch in 2018 and look forward to using this round of funding towards further expanding our offerings”.

Valuation

The Census Bureau’s $60 million Series B funding round has substantially increased the company’s valuation. According to details provided by the company, this financing round was raised at a valuation of $630 million.

This raised valuation reflects the Bureau’s impressive growth over the past year, marked by an increase in both its customer base and revenue. The raised funds will be used to expand their product offering and team further. In addition, other investments have been made to enhance customer service, analytics and merchant integrations while leveraging their proprietary share-protecting technology.

Throughout this round, all series A investors participated. Several other new investors including Accel Partners, Intel Capital, Sutter Hill Ventures and True Ventures have also provided financing during this raise. In essence, Census Bureau has proved able to offer a previously unavailable product in the market and is quickly becoming an industry mainstay. Moving forward, these funds will certainly serve to fuel continued growth for years to come for them.

Impact of the Funding Round

The Census Bureau’s recent funding round is significant news and has significant implications for the data industry. The funding round is expected to elevate the Bureau’s technology and data capabilities, which could help to create more accessible, reliable, and valuable data products.

Furthermore, the $630 million valuation speaks to the potential of the data industry and the Bureau’s position in it.

Let’s dive into the other impacts of the funding round.

Expansion of Services

The Census Bureau’s additional funding is expected to immensely impact the agency’s ability to expand its services and offerings. With this fresh capital, the Census Bureau can now invest in technology solutions that can help it improve its data collection operations’ accuracy, speed, and scale.

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This new funding can also be utilised to develop insights into population changes and emerging trends and new tools for businesses to access valuable market intelligence through the agency’s data. The financing round should also provide greater means for expanding the agency’s outreach within local communities and exploring untapped markets.

Therefore, this new capital is expected to enable the Census Bureau to shape a brighter future by deepening their commitment to providing high-quality population data in a cost effective way.

Improved Data Quality

The new funding round announcement by the Census Bureau signals its commitment to investing in data quality enhancements and expanding its scope of coverage. This improved accuracy and range of information can lead to more informed decisions by local communities, businesses, governments, and nonprofit organisations.

The additional funding will result in continued refinement of the census methodology and resources invested in field data gathering. It will also allow the organisation to develop new questions that cover previously non-existent areas such as migration patterns, socio-economics, further breaking down responses into granular levels allowing for more accurate representation of minority populations. Overall data reliability is expected to improve significantly as a result.

This improved data can be used to measure the impact public policies have had on populations that have been historically underrepresented depending on their economic status or demographics. Furthermore it could aid in setting up interventions such as education programs aimed at key demographics ensuring greater equity when it comes to access to resources or healthcare throughout various regions across the US.

Increased Accessibility

The significant round of capital raised by the US Census Bureau will allow for increased accessibility in terms of data collection, resulting in a more comprehensive research platform. This can be broken down into two main benefits:

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1. The new funds will enable the Census Bureau to acquire additional resources and technologies to better measure, capture and store data. This would include enhanced digital infrastructure, such as improved cloud storage capabilities, more sophisticated analytics software and improved survey technology that can quickly generate more precise data sets from respondents.

2. Increased accessibility to market research surveys will allow the public to provide feedback in an even more precise manner, which provides the census bureau with valuable insight into consumer behaviour and attitudes towards issues like healthcare, education and poverty. Additionally, a wider roll-out of mobile datasets would make it easier for people to access survey results on their phones or tablets to obtain greater accuracy in the response rates given by citizens.

Overall, this funding round will benefit both citizen stakeholders and the US Census Bureau by providing valuable insight gained through increased accessibility of data collection methods.

tags = Census, $60M, startup building a data layer, CEO Boris Jabes, Salesforce, Marketo and Zendesk, census salesforce marketo 16m series capitallardinoistechcrunch, census salesforce marketo capitallardinoistechcrunch, Amazon Redshift, Snowflake, Databricks

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Inventory management is an essential aspect of running an HVAC business. Efficient inventory management can help companies optimize their operations, reduce costs, improve customer satisfaction, and provide several tools and features to help them manage their inventory effectively. The article will explore ways HVAC software can enhance efficient inventory management.

Realtime Inventory Tracking

Real-time inventory tracking is a crucial feature of HVAC Software that provides businesses with up-to-date information on inventory levels. This feature enables companies to monitor their inventory levels in real time, reducing the risk of stockouts or overstocking. With real-time inventory tracking, businesses can quickly identify when inventory levels are running low and need replenishment.

That helps ensure that inventory is always available when needed, reducing downtime and improving customer satisfaction. By providing accurate and timely information on inventory levels, HVAC management software with real-time inventory tracking can help businesses make informed decisions and optimize their inventory management processes.

It Helps Streamline the Order Fulfilment Process

HVAC management software can streamline order fulfillment by automating orders, inventory management, and shipping tasks. That automation reduces the time and effort required to fulfill orders, enabling businesses to process orders more quickly and efficiently.

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Additionally, HVAC management software can provide real-time inventory tracking and accurate inventory forecasting, ensuring that companies always have the right stock to fulfill orders. By streamlining the order fulfillment process, HVAC businesses can improve customer satisfaction, reduce errors, and optimize operations.

Centralized Inventory Management

Centralized inventory management is a feature of HVAC software that enables businesses to manage their inventory levels across multiple locations from a single system. The feature gives businesses a centralized view of their inventory, reducing the risk of overstocking or understocking and ensuring consistency in inventory levels.

By providing real-time information on inventory levels across all locations, HVAC management software with centralized inventory management can help businesses make informed decisions about inventory ordering and replenishment. The feature can also help enterprises improve transparency and reduce inventory carrying costs by optimizing inventory levels across all locations.

Automated Barcode Inventory System

An automated barcode inventory system is a feature of HVAC management software that enables businesses to track inventory levels and movement using barcode scanning technology. This feature automates the inventory tracking process, reducing the risk of human error and improving inventory accuracy.

By scanning barcodes on incoming and outgoing inventory, businesses can update inventory levels in real time, enabling them to quickly identify when inventory levels are running low and need replenishing.

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An automated barcode inventory system can also reduce the time and effort required to manage inventory manually, enabling businesses to focus on other critical aspects of their operations.

Reduced Inventory Expenses

HVAC software can help reduce inventory expenses by providing businesses with real-time inventory tracking and accurate inventory forecasting. By monitoring inventory levels in real time, companies can avoid overstocking and minimize inventory carrying costs. Additionally, HVAC management software can help businesses optimize their inventory ordering and replenishment processes, ensuring they always have the right stock and quantities.

By reducing inventory expenses, companies can increase profitability and allocate resources to other areas of their operations. HVAC management software with inventory management features can help businesses achieve these benefits by streamlining their inventory management processes and providing real-time visibility into inventory levels.

Conclusion

HVAC software can give businesses several tools and features to enhance efficient inventory management. By leveraging these crucial inventory-related features, HVAC businesses can improve inventory accuracy, reduce stockouts, avoid overstocking, and streamline inventory management processes. HVAC management software can also help companies to reduce inventory expenses and increase profitability. Thus, investing in HVAC management software with inventory management features can be productive for businesses looking to optimize their operations and improve their bottom line.

11 Smartphone Aspects to Consider Before You Buy a New One

Smartphone technology has made incredible advances in the past decade, with new features and capabilities being released almost every day.  Shopping for a new smartphone can be daunting, so it’s essential to have a plan of attack before you make your purchase.

1. Operating System

The first and most crucial factor to consider is the operating system (OS) of your device. Each OS is different, so research what will best suit your needs. Examples of popular OS include Android, iOS, Windows Phone, and Blackberry.

2. Processor

The processor powers everything that happens on a smartphone — from running apps to loading webpages — so you want to make sure you choose one with a fast processor that won’t slow you down. Look at how many cores the processor has and its speed (measured in gigahertz).

3. Battery Life

Smartphone battery life varies greatly depending on usage patterns, but it’s important to look for a device with good battery life if you don’t want to constantly be on the charger. Consider the power rating of the battery (measured in milliampere-hours or mAh) as well as any energy-saving modes offered by the device’s OS or manufacturer settings. And remember the overheating problem and how it affects your decision.

4. Memory/Storage

How much memory does your phone need? This answer will depend on how you plan on using your device — if you’re planning on taking lots of photos, then make sure there’s enough space for them all. A reasonable minimum should be 16 gigs of internal storage; some phones offer expandable SD card slots for even more capacity.

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Additionally, think about RAM — this is what helps keep device operations running quickly; look for at least 2GB RAM or higher if possible.

5. Display Size & Quality

It’s recommended to consider how large of a display you want, but also how high quality it is — pixel density matters. While most current devices settle at 1080p resolution (1920×1080), there are some models that feature Quad HD screens (2560×1440). Moreover, check out brightness ratings and decide on an AMOLED display (which offers better contrast ratios than traditional LCD displays).

6. Camera Quality

Many smartphones come equipped with impressive camera hardware these days — think megapixels. Most phones have 8MP and up cameras or higher right now; however, pay attention to other aspects such as aperture size (how much light gets let in) as well as image stabilization options.

7. Network & Connectivity Options

Depending on which carrier model you buy, certain network bands may not be supported by your provider’s network — LTE is often required if you want faster data speeds over cellular networks like 4G LTE or 5G NR. Check which frequencies are compatible with both locations where you’ll use the phone most often. Also, look into Wi-Fi standards like 802.11ac and Bluetooth versioning, too; newer versions offer solid connections between devices without having cables attached all the time.

8. Durability & Waterproofing

Smartphones can take quite a beating these days due to their frequent use; ensure that your phone is able to handle drops without shattering its screen or, worse still – not turning back on again post-drop.Some manufacturers now offer IP67 waterproof ratings so that spills won’t ruin your electronics either – great news for clumsy people who tend to drop their phones into cups of coffee frequently.

9. User Interface & Navigation

The way users navigate through menus and applications is just as important as hardware specs when choosing a smartphone – do they prefer an iPhone-type experience over Android? Different manufacturers customize their own flavors of Android, which can drastically change the feel and function of a phone compared to another brand’s offerings running stock Android software.

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This could sway decision-makers depending upon whether they prefer something more customizable than stock Android allows while still retaining access to Google Play store app selection possibilities.

10. Price & Value

Smartphones are becoming increasingly affordable each year as technology advances allow for more budget-friendly options to be available. However, consumers should still pay close attention to pricing models; some companies offer installment plans which could add up over time, while others may require full payment upfront but with discounted prices due to bundling perks such as additional accessories thrown into package deals, etc. Consider overall value rather than just price points – try to find something suitable within budget, though not sacrificing quality components because of cutting corners to reach a cost-effective solution in the desired price range.

11. Reliability/Customer Service

As previously stated, smartphones have become increasingly reliable over the years; yet problems can arise from time to time. Thus, part of the process involves researching customer service associated with a particular brand or model chosen – does the company provide warranties? Has previous customers’ feedback been mostly positive? Before committing to purchase, these types of questions should be asked to ensure that any issues faced can be quickly and easily resolved.

Hevo is a SaaS startup founded in 2018 and is aimed at empowering enterprises with real-time data integration, automation and analytics technology. Located in Delhi, India, the company serves companies across more than fourteen different countries. Hevo’s platform enables organizations to create tailored solutions for their needs in a matter of clicks and provides real-time insights with data from a variety of sources.

Recently, Hevo has successfully secured $30M in its Series B round of funding, led by Sequoia Capital India. The round also saw participation from existing investors Jyoti Bansal (Harness) and Mayfield India. With this round of funding, Hevo plans to accelerate growth within their key product areas such as data engineering, self-service analytics and intelligent automation products.

The team behind Hevo consists of engineers who have formerly worked with companies such as Amazon Web Services, Microsoft Azure, Twilio and Imgur among others that have contributed significantly to the new product innovations that the company is launching. With these advancements, the team is keen to make access to quality data completely secure for all enterprises across the globe and simplify the entire process from collection to delivery of insights within minutes.

Overview of Sequoia Capital India

Sequoia Capital India is an investment firm that focuses on providing seed, early stage, and growth funding for businesses in India. Founded in 2006, Sequoia has invested in some of the most prolific companies from India such as Oyo Rooms, Byju’s, PolicyBazaar and CureFit. Sequoia Capital has its presence across different cities within India such as Mumbai, Bengaluru & Delhi.

Recently SaaS Tech startup Hevo Data secured $30 million during its series B round of fundraising led by Sequoia Capital. Hevo is an analytics-focused start up that works with enterprises to simplify data integration and provide ingesting streaming data into other cloud-based services. It has successfully raised more than $42 million prior to this particular round of funding.

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This additional fund will be used to strengthen the resources within the company and expand its operations into newer markets with international presence in countries like Europe & US which will eventually help them to double their customer base from 4 billion users currently based out of 25 different countries spread across Asia Pacific region.

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Hevo’s Series B Round

SaaS startup Hevo announced that it has raised a fresh funding round of $30 million led by Sequoia Capital India. This Series B funding round marks a significant milestone in the company’s growth and development trajectory, as Hevo’s AI-driven data integration platform accelerates the development of software and data-driven products.

This round will also enable Hevo to expand its international presence and add to its leadership and engineering teams.

Overview of the Series B round

SaaS startup Hevo recently announced that it has received $30 Million in a ‘Series B’ financing round led by Sequoia Capital India. This latest development enabled the company to grow rapidly and meet the demand for its data integration services in India and abroad. The round included participation from existing investors Accel and Lightspeed Venture Partners, and new investors B Capital, Think Investments, and Kalaari Capitals.

Hevo is a cloud-native Data Platform as a Service (DPaaS). It allows businesses to quickly transform data from any source into actionable analytics. It does this through an automated integration with databases, ETL logics, streaming data pipelines, event-driven production logic, business intelligence (BI) tools like Tableau or Looker etc., machine learning models or custom integration logic written using its proprietary programming language – Hevoscript. Used by more than 150 global customers across industries such as retail, ecommerce, logistics & transportation etc., Hevo is redefining how users leverage their critical data sets in the most efficient way possible.

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Hevo’s growth can be attributed to its focus on product innovation and its release of several new features since its inception in 2018 including the powerful Hevoscript programing language that enables customers to quickly build custom integrations for their specific use cases. By leveraging insights from massive datasets faster than ever before Hevo is becoming increasingly sought after among enterprises providing them visibility into their markets when they need it most. Additionally earlier this year the company launched an industry first low-cost lifetime subscription plan helping startups get up and running with minimal investments in time or resources.

The Series B funding will be used primarily to drive product marketing activities and drive sales teams to penetrate deeper within the Indian market as well expand their reach internationally in various countries such as Singapore & UAE . Crucially investors have also sponsored special research projects involving machine learning, artificial intelligence (AI), natural language processing/understanding (NLP/NLU) technology & Knowledge Graphs which will help further enhance the depth of capabilities of the Hevo Platform over time making it truly one of a kind globally catering to SaaS companies , retailers , eCommerce firms , Logistics corporations & other industries enabling them to stay ahead of competition thanks to the advanced analytics insights provided by Hevo’s DPaaS solution !

Details of the investment

Hevo, an AI-powered data integration SaaS startup, has raised $30 million in a Series B funding round led by Sequoia Capital India. The new funds will be used to further develop Hevo’s artificial intelligence and machine learning capabilities and put them to use for the accelerated growth of their customer-base.

Hevo’s Series B round was backed by its existing investor Nexus Venture Partners, and new investors Accel and Lightspeed India Partners. Existing investors from Hevo’s Series A round also participated in the round. Previous investors include KAI.

Impact of the investment

The funding received by SaaS startup Hevo provides the company with the capital needed for growth initiatives, such as international expansion, product development, and customer acquisition efforts. The investment will also help add to the company’s existing funding total of $39 million since its founding in 2015.

The Series B round was led by Sequoia Capital India and included participation from existing investors such as Accel and Dharma Ventures as well as new backer, Lightspeed India Partners. This announcement comes on the heels of a strong 2019 for Hevo, in which it secured $12 million in seed financing, doubled its user base within 6 months, and launched an integration with Salesforce.

Overall, this investment reinforces Sequoia’s confidence in Hevo’s cutting-edge data engineering platform and highlights their progress toward disrupting data engineering industry. In addition to providing the company with much-needed capital resources to drive product development and globalization efforts, this funding helps to validate Hevo’s mission of democratizing data integration across various platforms.

Hevo’s Plans for the Future

SaaS startup Hevo has raised $30M in a Series B round led by Sequoia Capital India, allowing them to take the next step in their growth. This investment will be utilized to accelerate Hevo’s product roadmap, focus on customer success, and expand Hevo’s global footprint.

With the new funds, Hevo plans to establish itself as a leader in the SaaS and cloud data integration space.

Let’s look at what Hevo is planning for the future with this new round of funding.

Expansion of product offerings

Hevo is planning to expand its existing product offerings through the capital deployed by Sequoia Capital India in its recent Series B round. The SaaS (Software as a Service) startup Hevo aims to use its new found resources to extend the reach and scope of what it can offer businesses.

Hevo wants to tap into various areas and focus on offering services that connect, collect, discover, analyze and present data. This will help businesses in leveraging their existing information into productive insights that can help shape their operations. Additionally, Hevo will be looking at other opportunities such as powering intelligent apps and developing autonomous capabilities for customers.

To reach these goals, Hevo plans on expanding their development team as well as investing in more advanced technologies such as artificial intelligence and machine learning so they can deliver efficient solutions to their customer base. The company has made it a priority to foster innovation in the environment while embracing challenges presented by the ever-changing technology landscape.

Through this expansion of offerings, Hevo hopes to become a comprehensive enterprise solution provider that provides efficient tools that enable businesses’ decision making tasks with ease.

Expansion of customer base

Hevo plans to use the new funding to expand its base of customers as well as providing innovative products, particularly in the cloud space. Hevo plans to use the funding to launch a range of new features, focusing particularly on data integration and migration. Hevo’s goal is to bring data from on-premises, cloud and hybrid sources into modern analysis tools such as Tableau,Looker and Metabase faster and more reliably than ever before.

The additional capital will also support new product development and increased investments in customer success teams across geographies where Hevo operates. This will enable accurate data transformation for customers around the world so that companies can quickly unify their disparate systems into a single source of truth for decision-making.

This development should see an increase in Hevo’s usage by companies that have traditionally been underserved; those who have large amounts of legacy or proprietary tech spread across multiple locations, siloed teams or just having outgrown existing data infrastructure solutions. It is expected that this will result in easier onboarding of customers onto Hevo’s SaaS platform and allow existing customers access to more advanced capabilities while also allowing them access to enhanced levels of customer success support.

Expansion of geographical presence

Hevo is planning to use the proceeds from the Series B round to further its product capabilities, international expansion and customer acquisition. Hevo plans to increase focus on expanding its geographical presence in the coming year, targeting key markets in North America, Europe and Australia.

The SaaS startup also plans to make investments in research and development across data protection, infrastructure scalability and privacy, ensuring compliance with new regulations including GDPR. Equipped with these features, Hevo wants to become a market leader in self-service data engineering for enterprise customers ranging from Fortune 500 companies to niche businesses. The company is also looking at active recruitment of top talent across engineering as well as sales and marketing teams.

This round of funding will help Hevo accelerate its international presence into newer markets and offer an unparalleled proposition for enterprises that wish to simplify the process of data movement through a unified interface. Consumer retention has been one of their prime objectives since they launched, so they plan on maximizing customer engagement through digital channels allowing customers to get access products faster.

Sequoia Capital India’s Perspective

Indian SaaS startup Hevo recently announced that it has raised $30 million in its Series B round led by Sequoia Capital India, with further backing from Lightspeed India Partners and Matrix Partners.

This latest investment is a testament to the growing interest in Hevo, as well as a sign of Sequoia Capital India’s faith in the startup and its potential.

In this article, we’ll take a closer look at what led Sequoia Capital India to invest in Hevo.

Overview of the investment

Sequoia Capital India’s investment in Hevo marks the first time it has invested in a SaaS startup that caters to the data analytics segment of the Indian market. The startup, which enables its customers to easily and securely store, transfer, and analyze data from any AWS cloud data source, has raised $30 million in a Series B funding round.

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Sequoia Capital India is an experienced investor in technology enterprises across the globe and sees potential in Hevo’s focus on cloud-native data analytics solutions with an emphasis on automation. It is committed to supporting startups like Hevo with both capital and mentorship. Through this investment round, Sequoia Capital India hopes to help Hevo continue its exponential growth as it scales up its platform and sets itself up as a global player in the data analysis space.

The team at Sequoia Capital India is confident that through its experience and resources, it can fully support the journey of Hevo’s expansion beyond the Indian market. Sequoia Capital India also plans on working with Hevo’s customers to understand more about their tech preferences so as to make their investments more successful.

Benefits of investing in Hevo

Sequoia Capital India’s decision to invest in SaaS startup Hevo is indicative of the growing trend of software-as-a-service companies making their mark in the ever-evolving tech ecosystem. Hevo saw its Series B round led by Sequoia Capital India raising $30M. It is a successful data integration platform that helps enterprises speed up analytics and create an easy mechanism between different data sources.

By investing in Hevo, Sequoia Capital India stands to gain a number of benefits. Firstly, they will be able to get equity in the business and benefit from potential exit events in the future. Secondly, they stand to gain insight into the workings of a successful SaaS startup and receive guidance on best practices for data automation solutions going forward. Furthermore, this will help them increase their presence within India’s vibrant technology start-up ecosystem and establish relationships with other industry leaders.

Finally, this investment gives them access to Hevo’s growing customer base which includes Fortune 500 companies as well as regional marketplaces from various sectors including eCommerce, BFSI and media & entertainment. In sum, by investing in Hevo, Sequoia Capital India stands to reap multiple financial and social benefits that come with such an investment.

SaaS startup Hevo raises $30M in Series B round led by Sequoia Capital India

The investment of $30M in SaaS startup Hevo by Sequoia Capital India will have a positive impact on both stakeholders of the company. It is expected to boost venture capital activity in the Indian startup environment, providing fresh impetus to the much-anticipated growth of the tech sector.

The new investment marks a major milestone for the Hevo team and its supporters. The funding is expected to help Hevo scale up its operations and take advantage of upcoming opportunities. In addition, it will also provide new avenues for growth by giving a platform for connecting with other potential investors, partners and customers across India and around the world.

The new funding round catalyzes Sequoia Capital India’s commitment towards capitalizing on technology start-ups that demonstrate exceptional potential in growing markets such as fintech, e-commerce and data analytics sectors. With this increased backing from key venture capitalists, Hevo is well-positioned to exploit its capabilities further into markets that require efficient use of predictive analytics tools such as AI applications, machine learning technology and big data management. This injection of funds also provides support to Hevo’s vision of becoming a global leader in data engineering solutions, enabling businesses to access transformative insights with just few clicks.

This injection of funds helps drive innovation at startups like Hevo by allowing them access to expertise from around the world who are leveraging technology development for social good through their efforts. Through acquiring this experience and knowledge, Hevo will be able to offer better products and services that can address customer needs more effectively which can ultimately impact business operations positively.

Germany’s SoSafe, an AI-powered cyber security platform, has raised $73 million in a Series B financing round led by US-based venture firm Highland Europe, bringing its total funding to date to $110 million and pushing its valuation to $400 million.

The new funding round underscores the growing importance of cyber security and the rising demand for solutions to address human error in the digital world. With this fresh round of financing, SoSafe is now well-positioned to accelerate its growth and market presence in Europe and North America.

Overview of SoSafe

SoSafe is a Germany-based cybersecurity company founded in 2018 that uses modern machine learning to detect and prevent cyber-attacks. It works as an early warning system for companies, alerting them when their systems are at risk from malicious actors. In December 2020, SoSafe raised $73 million in Series B funding led by Highland Europe, with participation from existing investors Target Global and Earlybird Venture Capital. This new round takes the company’s valuation to $400 million.

SoSafe’s protection technology specializes in combating people-based errors within companies that lead to data breaches or other security risks posed by personnel negligence or oversights. The company’s technology helps identify any policies set up by people within the organization that have led to unintentional issues such as holding confidential information unprotected on a public server or leaving sensitive objects exposed on public networks so they can be accessed and exploited by outside agents.

On top of its active alert services, SoSafe also offers services customized for different sectors of business in order to better protect against particular threats such as ransomware attacks on medical devices or phishing campaigns targeting school networks. Executed through automated workflows the company scrutinizes logs related with user activities to allow customers more transparency into how their personnel are interacting with organizational resources and data stores.

Overview of Highland Capital

Highland Capital Partners is a venture capital team of experienced investors focused on early stage investments across the technology spectrum. With over 20 years in the business, they have successfully invested in and supported over 120 companies. They are globally connected with a long track record in helping entrepreneurs grow their selling point, add value and push the boundaries of innovation.colognebased 73m series highland europebutchertechcrunch

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Highland Capital was founded 23 years ago by its current managing director, Jim Gold. Throughout its history, Highland has regularly sought to be a leader in investing at the seed and early stage levels. Much of their focus currently rests on software-driven enterprise companies with global aspirations, including those based in Germany such as SoSafe.

The company’s latest partner at the time of this news article is Nina Axelrod who joined Highland Capital four months before this deal, bringing experience from McKinsey & Co and Warburg Pincus LLC. Highland invests at every stage across almost any sector within technology including software, hardware, internet/consumer business to name but a few. They champion passion and ambition as well as great operating experience when it comes to investing in entrepreneurs. Both these elements were tested to great acclaim after an intense selection process for German-based SoSafe’s Series B funding round led by Highland Capital which raised $73M for the company taking them confidently towards their goals of achieving an estimated $400 million valuation for the company.

Background

Germany’s SoSafe is an innovative cyber security company that has raised over $73 million in a Series B funding round, led by Highland Europe. This new round of funding brings the company’s total valuation to $400 million and puts the company in a unique position in the cyber security space.

SoSafe has grown rapidly in the past few years with a mission to address human error in cyber security by making digital security and privacy easy and accessible for users.

Germany’s SoSafe raises $73M Series B led by Highland to address human error in cyber

SoSafe, a cybersecurity technology firm headquartered in Berlin, Germany, was founded with a mission to better protect businesses and individuals from cyberthreats. The company’s flagship product is an AI-based software platform that can detect and protect against cyber threats caused by human error. The software also offers tools for preventing fraud and data loss due to malicious actors or other factors.

Catering mainly to medium-size businesses, the innovative platform has attracted the attention of companies around the globe looking for cloud-based solutions that can provide real-time monitoring and protection from potential security threats. With its latest financing round, SoSafe has become one of the most valuable cybersecurity startups in Europe, raising a total of $124 million in venture funding across two rounds.

The company’s success reflects the importance of addressing everyday cyber threats caused by people making mistakes or failing to take proper security measures on their devices. By using its propriety technology and AI algorithms, SoSafe promises to be able to detect even small mistakes before they become larger problems. With its worldwide ambition set high, SoSafe continues to look for ways to expand its services into other markets beyond Germany.

SoSafe’s technology

SoSafe’s AI-driven technology allows organizations to detect and mitigate human errors in cyber security. SoSafe’s solutions analyze user data to identify anomalous user behavior or unauthorized personnel actions, as well as malicious intent. The company uses several technologies, including machine learning and natural language processing, to identify potential protocol violations in the company’s IT environment.

In addition, their technology is able to understand patterns of normal behavior in order to detect anomalies such as malicious actors attempting to access a system or using stolen credentials. The technology that SoSafe provides ensures that users and organizations can trust that their data is safe and secure.

SoSafe also works with partners who have access to advanced threat intelligence capabilities, which helps them develop more effective detection systems for new threats that may arise. With the help of these partners, SoSafe can create sophisticated solutions for protecting customer data against cyber threats. Additionally, through its work with strategic partners, SoSafe can deliver comprehensive security solutions across various verticals including healthcare, finance, retail and government sectors.

The Funding Round

Germany’s SoSafe has raised $73 million in a Series B funding round led by Highland Europe. This latest funding round marks the second big investment for SoSafe, bringing the total amount of their investments to $94 million

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The new round takes the company’s valuation to $400 million and will help the company reach its goal of addressing human error in cyber security.

Investors involved

Germany’s SoSafe announced it has raised a $73 million Series B funding round. The round was led by Highland Europe and included participation from existing investor Balderton Capital, as well as new investor Insight Partners. This brings its total funding to date to more than $100 million and values the cyber security company at $400 million.

This round is expected to fuel the growth of SoSafe’s flagship product ServeSol™ and positions the company for a Series C investment in 2021. The ServeSol™ platform provides unrivaled visibility into enterprise activities for true oversight into human processes. The platform works disruptively within enterprise teams, empowering human teams to reduce risk from human error in just hours, versus weeks or months normally taken with existing products on the market. With ServeSol™ AI-powered insights support regulatory compliance efforts, reduce productivity losses and provide real-time patterns across all operating models – workforce changes due to the pandemic bring yet additional complexity requirements that only ServeSol Technology meets comprehensively today.

The recent COVID-19 pandemic created an unprecedented shift in work. SoSafe’s team will use this new capital to further pioneer its technology stack by further enhancing ServeSol™ AI capabilities and expanding its global reach into new markets such as Europe and South East Asia.

Valuation of the round

Germany-based cybersecurity startup SoSafe announced it has raised $73 million in its Series B funding round, led by Highland Europe. This funding round valued the startup at over $400 million. The company has also secured investments from Mubadala Ventures and follow-on investments from Seaya Ventures, Earlybird Venture Capital, HPE Growth Capital, Redalpine and Bauer Ventures.

The funding will be used to accelerate driverless security technology as well as business growth in North America and Europe. Founded in 2014, SoSafe is a cloud-native cybersecurity solution designed to protect organizations from cyber threats through automatic systems that identify human errors and remediate them before they become an issue. The company provides organisations with real-time detection of malicious code running in the cloud or on their traditional datacenters.

Previous investors such as Seaya Ventures have backed the company since its Series A in September 2019. Since then, SoSafe has entered strategic partnerships with leading industry players including Microsoft Azure Security Center, IBM Managed Security Services (MSS) and Oracle Cloud Infrastructure (OCI). With this new capital injection SoSafe marks yet another significant milestone in its growth journey.

Impact of the Round

Germany’s SoSafe has completed a $73M Series B round that was led by Highland Capital and included other top-tier VC firms such as Accel and Sequoia Capital. The round takes the company’s valuation to $400 million, a significant jump from their $95 million Series A from just one year ago.

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The success of the round is indicative of the growing demand for SoSafe’s security-as-a-service platform that offers a more personalised approach to cybersecurity. Let’s take a closer look at the impact of this round.

Impact on SoSafe

The Series B round of financing, which was led by Highland Europe, has raised SoSafe’s valuation to $400 million. Founded in 2017 by Tomer Shalev and Idan Cohen, SoSafe provides a specialized cybersecurity software geared towards preventing human errors in the workplace. Through proprietary technology that identifies potential insider threats due to negligence or malicious intent, SoSafe arms its users with tools to protect them from cyberattacks and data practices.

This new round of financing will be put towards product development and expansion between Germany and other European countries like France and Italy. Along with Highland Europe, the international round included notable investment from Salesforce Ventures, Meron Capital Group Limited (MCGL), 83North, Kensington Capital Partners Limited (KCP), Ionic Capital Ltd., Hello Tomorrow Deep Tech Fund with participation from existing investors BatteryVentures / Israel Growth Partners & GLP Ltd./Healthy Ventures.

The successful round was said to be driven by passion for the team and its offering as well as the company’s sustainable business model which is driven by ARR growth. The company has also seen considerable uptake among leading automotive customers in addition to other enterprise customers across Europe including several large eCommerce players. According to Tomer Shahal CEO of SoSafe this new $73 million funding brings the total capital raised since inception to $86 million and is a testament for the trust that partners have for SoSafe’s team as well as proof of their commitment for DACH Market leadership moving forward.

Impact on Highland Capital

The investment in SoSafe made by Highland Capital was a series B funding round and represented one of the largest investments ever made by Highland in a German company. The additional capital is expected to help SoSafe expand its software everywhere, and prove its effectiveness as a cyber security protection system on an international level.

Highland Capital’s venture arm, HCP Ventures, put in €50 million for the round total of €73 million, which puts SoSafe’s current valuation at €400 million (approximately $425 million). This is nearly double the valuation from SoSafe’s Series A from 2018. The funding could be a major boost for HCP Ventures’ portfolio’s performance and put it into year-over-year growth.

This significant increase in SoSafe’s valuation will likely lead to more investors taking an interest. The previously inaccessible venture space that only early seed funds like HCP Ventures had access to may soon become easier to penetrate – leading to more competition for Highland Capital and other seed investors who took part in the Series B round. Ultimately, this increased competition could lead to further advancements in cyber security technologies down the line through increased R&D spending or innovating processes like machine learning usage.