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Nucleus Security Raises $43 Million Series B Funding to Lead Innovation in Enterprise Risk-Based Vulnerability Management

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SARASOTA, Fla., Feb. 12, 2024 /PRNewswire/ — Nucleus Security, developers of the market-leading Risk-Based Vulnerability Management platform, has announced it has secured $43 million in Series B funding led by Arthur Ventures and Lead Edge Capital. This milestone marks a significant leap forward in the company’s mission to redefine how enterprises manage risk exposure from vulnerabilities across infrastructure, cloud, and application portfolios in one unified platform.

“We are thrilled to announce our continued partnership with Nucleus Security during this phase of tremendous growth. The Company has emerged as the innovation leader within the vulnerability and risk management space and has demonstrated unparalleled success transforming vulnerability management programs for large enterprises in nearly every market. This new capital will enable Nucleus to support its growing customer list while accelerating its vision to redefine how businesses manage their attack surface and security posture to prevent cyber breaches and compromises,” said Ryan Kruizenga, General Partner, Arthur Ventures.

In-Q-Tel (IQT), the not-for-profit strategic investor for the U.S. national security community and its allies, joined the Series B round as a new investor and partner. Through this partnership, Nucleus will ensure that its capabilities evolve to serve the needs of government agencies responsible for national security and critical infrastructure.

“We are excited to partner with Nucleus to provide immediate value to our government partners managing vulnerabilities in very complex environments,” added Grant Whiting, Partner, IQT.

Reflecting on the company’s evolution and its foundational principles, Steve Carter, CEO and Co-Founder of Nucleus Security, highlighted the genesis of the company’s technology from government agencies’ challenges in managing vulnerabilities and attack surfaces at scale. “Our journey has now come full circle, enabling us to continue making a profound and positive impact on our nation’s security,” Carter stated.

This recent infusion of capital is earmarked for a strategic acceleration in product innovation, research, and development. These initiatives further cement Nucleus Security’s position as the leader in the risk-based vulnerability management space.

According to Chris Peltz, Practice Lead for VM and AppSec at GuidePoint Security, Nucleus Security’s commitment to evolving its capabilities is a testament to its foresight in addressing modern enterprises’ rapidly scaling threats. “Having partnered with Nucleus Security for years, it has been positive from both a technology and relationship perspective. As adversaries exploit vulnerabilities at scale much quicker than ever, it is reassuring to see organizations like Nucleus Security invest in capabilities to help customers respond to these time-sensitive threats as quickly as possible,” lauds Peltz.

Nucleus Security’s acclaim in the cybersecurity industry is further backed by its acknowledgment in five prestigious 2023 analyst reports from Gartner, Forrester, Omdia, GigaOm, and Frost and Sullivan. Achieving leadership positions in two of these reports, Nucleus Security has been recognized as the only platform specifically designed to meet the complex challenges of the world’s most extensive and critical vulnerability management programs. 

This recognition speaks volumes about the platform’s effectiveness and the trust it has garnered among leading enterprises globally, including household names like Motorola Solutions, National Bank of Australia, Abbott Labs, Canva, and Orange Cyberdefense.

“While many enterprises have equipped themselves with advanced technologies for discovering vulnerabilities, the true challenge lies in the effective organization, enrichment, and analysis of this data to make it actionable for decision-makers,” said Steve Carter, CEO and Co-Founder of Nucleus Security. “Those last-mile processes must be in place to deliver the right vulnerability information to the right stakeholders at the right time. This round of funding will accelerate our vision of being the unified platform to realize the full value of all assets, vulnerabilities, and intelligence data and provide the single pane of glass needed to align the security organization to respond to threats appropriately.”

To see how Nucleus can transform your organization’s vulnerability and risk management program, visit https://nucleussec.com for a free 30-day trial.

About Nucleus

Nucleus is a leading cybersecurity technology firm specializing in Risk-Based Vulnerability Management software and vulnerability intelligence. Its platform is the linchpin for the world’s largest, most critical, and most demanding vulnerability management programs.

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SOURCE Nucleus Security

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Stay Better in China: Civilization is Colorful for Communication

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October 18, 2024

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NANCHANG, China, Oct. 18, 2024 /PRNewswire/ — A report from Jiangxi International Communication Center(JXICC):

 

Moses, an international student from East China University of Technology, has stayed in China for four years. He experienced the speed of China and the colorfulness of Chinese civilization.

Themed on Chinese-style modernization, Moses shares his wonderful lives and touching stories in China from various aspects such as cultural construction, industrial development, ecological protection, and rural revitalization. He is eager to bring Chinese-style modernization experience back home for contributing to the prosperity and development of their countries. He also expects China to play a more active role on the global stage and contribute more wisdom and strength to world peace and development. He believes that these beautiful visions will certainly become reality as China continues to develop and make progress.

https://www.youtube.com/watch?v=tBjk0tXlHDE

View original content to download multimedia:https://www.prnewswire.com/news-releases/stay-better-in-china-civilization-is-colorful-for-communication-302277208.html

SOURCE Jiangxi International Communication Center(JXICC)

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The AI solutions for Japanese businesses make a global splash with the NVIDIA promotion campaign

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40 mins ago

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October 18, 2024

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The tech giant NVIDIA highly appreciates the AI solutions developed by FPT Smart Cloud in elevating customer experience and optimizing workforce competency.

HANOI, Vietnam, Oct. 18, 2024 /PRNewswire/ — In April 2024, NVIDIA joined forces with FPT Corporation in the global initiative of AI and Cloud advancement. After 6 months, the AI solutions of FPT Smart Cloud – a subsidiary of FPT Corporation, have positioned themselves amidst the world’s 52 outstanding success stories featured by NVIDIA. FPT is currently offering more than 15 state-of-the-art AI solutions built on the natural language model for Japanese.

Enabling the intelligent call center 

In the digital age, AI virtual assistants are integrated into the contact center to automate simple to sophisticated tasks.

According to NVIDIA, FPT Smart Cloud has enabled seamless communication through the development of FPT AI Engage – the virtual agent for call center. The virtual agent can interact naturally and automate inbound calls, outbound calls, and voice-based call transfer (IVR). Operating on NVIDIA’s most advanced infrastructure, the AI vendor has been able to accelerate the speech synthesis model by 4 times and increase virtual agent efficiency.

The AI capabilities of FPT Smart Cloud have attracted a wide range of banking and financial institutions, particularly Home Credit Vietnam. The consumer finance company has been applying FPT AI Egnage since 2019. In the first year of operations, the virtual assistant can automatically process up to 12 million calls per month, allowing Home Credit to save 50% in operating expenses and attain a success call rate of 98%.

Building the AI-powered workforce of the future 

With the support of NVIDIA A100 and H100 GPUs, FPT Smart Cloud has developed FPT AI Mentor, fostering the next-generation employee training through automation and personalization. FPT AI Mentor applies the large language model (LLM) developed on NVIDIA DGX H100 and supported by NVIDIA NGC and PyTorch to generate and customize learning content based on the business knowledge base.

Long Chau, a pharmaceutical chain with 1,700 stores, has successfully integrated FPT AI Mentor into the daily training process for pharmacists, increasing employee knowledge quality by up to 55% while reducing 30% of resources compared to the traditional method.

NVIDIA further appraises the excellent efforts of FPT Smart Cloud in leveraging AI technologies to transform traditional call center operations and business training processes. In the past three years, FPT Smart Cloud invested on R&D initiatives for Indonesian and Japanese natural language processing technologies. In 2023, FPT Smart Cloud with the bilateral collaboration with Home Credit Indonesia, marking a crucial milestone as the first made-in-Vietnam AI solution to successfully attract and win over large enterprises in the global landscape. For the year 2024, the vendor aims further to conquer international markets, including Indonesia and Japan.

The original blog about FPT Smart Cloud solutions on the NVIDIA website can be found here: https://www.nvidia.com/en-us/case-studies/fpt-smart-cloud-levels-up-customer-service-operations/

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/the-ai-solutions-for-japanese-businesses-make-a-global-splash-with-the-nvidia-promotion-campaign-302280179.html

SOURCE FPT Smart Cloud

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Husqvarna Group appoints Maha Elkharbotly as President of the Gardena Division

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40 mins ago

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October 18, 2024

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STOCKHOLM, Oct. 18, 2024 /PRNewswire/ — Maha Elkharbotly has been appointed President of the Gardena Division and will also be a member of Husqvarna Group’s executive management team.

Maha Elkharbotly holds an MBA in Marketing from the University of Illinois and is currently President at I-Health, a wholly owned subsidiary of DSM Firmenich. Maha has previously held multiple executive positions at DSM Firmenich, LIXIL, Grohe and Whirlpool.  

“I am very pleased to welcome Maha to Husqvarna Group. Her broad experience and strong knowledge in sales, marketing, channel management and leadership will be valuable assets in the continued journey of Gardena. Maha brings vast experience from building brands as well as driving international expansion, innovation and business transformation. This expertise will be central to continue building Gardena’s position as a global leader in watering, as well as advancing smart garden systems including robotic mowers for passionate gardeners”, says Pavel Hajman, CEO of Husqvarna Group.  

Maha Elkharbotly will be based in Ulm, Germany and assume her new position within the Gardena Division on January 1, 2025.

For additional information, please contact:
Media
Henrik Sjöström, Head of External Communications
+46 727 15 77 85
press@husqvarnagroup.com

Investors
Johan Andersson, Vice President Investor Relations
+46 702 100 451
ir@husqvarnagroup.com

This information was brought to you by Cision http://news.cision.com.

https://news.cision.com/husqvarna-group/r/husqvarna-group-appoints-maha-elkharbotly-as-president-of-the-gardena-division,c4053079

The following files are available for download:

https://mb.cision.com/Main/996/4053079/3061209.pdf

Husqvarna Group appoints Maha Elkharbotly as President of the Gardena Division

https://news.cision.com/husqvarna-group/i/maha-elkharbotly-2,c3343479

Maha Elkharbotly 2

 

View original content:https://www.prnewswire.com/news-releases/husqvarna-group-appoints-maha-elkharbotly-as-president-of-the-gardena-division-302280185.html

SOURCE Husqvarna Group

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