Lookout introduces Gen AI Assistant,’Lookout SAIL’, to transform cybersecurity operations

Partnerships 
Palantir expands presence in industry, entering a multi-year partnership with Azule Energy  
Palantir and Azule Energy have partnered to optimize upstream oil production using Palantir’s Foundry software. This collaboration aims to digitize Azule Energy’s operations, supporting their growth target of 250,000 barrels per day while ensuring safe workflows. Read More>>

Deals
Trellix upgrades Ingram Micro distie deal for A/NZ   
Trellix and Ingram Micro have enhanced their distribution agreement for A/NZ, establishing a dedicated Trellix Centre of Excellence to provide technical support, training, and resources for the XDR platform. This partnership aligns with Trellix’s expansion strategy following its collaboration with Palo Alto Networks in the region.             Read More>>

Centre Setup and Expansion
Okta enters Indian Market with new office, Innovation Centre 
Okta has launched a new office in Bengaluru, India, to bolster secure digital transformation efforts in the Asia Pacific region. The office will also house an R&D center for Okta’s identity solutions and support the growth of India’s digital economy. Read More>>

Mergers and Acquisitions 
Tyler Technologies acquires Computing System Innovations    
This acquisition enhances Tyler’s offerings, bringing automated data entry and document processing capabilities to its portfolio, benefiting courts and other verticals. Read More>>

Executive Movement 
Celigo appoints James Whitemore as Chief Marketing Officer           
Whitemore, a veteran tech executive with experience in cloud, networking, and data storage, will drive Celigo’s global marketing strategy and revenue growth, aligning business functions for innovation and expansion. Read More>>

Product Launch
Lookout introduces Gen AI Assistant’ Lookout SAIL’ to transform cybersecurity operations  
This generative AI assistant enhances cybersecurity analysis by providing insights and assistance for Lookout’s Mobile Endpoint Security and Cloud Security solutions, streamlining tasks, and improving productivity. Read More>>

Partnerships
Paysend & Okoora partner to simplify payments in Israel       
Paysend will leverage Okoora’s AI-powered hub, ABCM, for efficient business transactions by gaining API access and utilizing Okoora’s Virtual Israeli Shekel solution for precise Shekel transactions, bypassing traditional banking complexities. Read More>>

Mergers and Acquisition
Mr. Cooper completes the acquisition of Roosevelt Management Company and affiliated companies   
The company is ready to execute its asset management strategy focused on mortgage servicing rights. Legal advisors Wachtell, Lipton, Rosen & Katz, and Mayer Brown played roles in the acquisition. Read More>>

Executive Movement 
Abhi Bisarya takes Helm as Chief Product Officer at Crypto.com  
Abhi Bisarya will continue to lead product development and strategy. With over 15 years of experience, including roles at Google, PayPal, and Visa, Bisarya’s leadership has contributed to Crypto.com’s growth and innovation in the crypto industry. Read More>>

Mass Hiring
TikTok starting up Australian technology lab following security risk concerns  
TikTok is recruiting 47 positions in Australia, including engineering, cybersecurity, and data analysis, for its Sydney office. This move comes amid concerns of national security risks and espionage, as TikTok becomes one of the social media platforms scrutinized for potential foreign interference. Read More>>

Product Launch
New Uber feature will allow riders, drivers to record audio during trips in Philadelphia  
Uber introduces an audio recording safety feature for riders and drivers in Philadelphia, allowing encrypted recordings upon submitting a safety report. The feature aims to enhance safety and peace of mind during trips, available in nearly 150 U.S. cities and multiple countries.Read More>>

Blockchain Market Analysis

Key Funding Alert

KRAFTON to invest USD 150 million in India to bolster Gaming and Startup Ecosystem 
KRAFTON plans to invest USD 150 million in India over 2-3 years, focusing on gaming, Esports, multimedia, content creation, audio platforms, and deep tech. This commitment aims to bolster India’s gaming industry growth and innovation, building on KRAFTON’s prior investments of USD 140 million in 11 Indian startups since March 2021. Read More>>

Startup Spotlight

Company – Nexla 
Total Funding – USD 33.5 Mn
About: Nexla is a data operations platform that helps teams create scalable, repeatable, and predictable data flows for any data use case. Analysts, business users, and data engineers use Nexla to integrate, automate and monitor their incoming and outgoing data flows. The result is predictable and reliable data access inside and outside the organization. Read More>>

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