New office reinforces the company’s commitment to the Bay Area as global center of
technology innovation and top talent 

SAN FRANCISCO, May 22, 2025 /PRNewswire/ —  Kong Inc., a leading developer of cloud API technologies, today announced the expansion of its San Francisco headquarters with a new office located at 44 Montgomery Street. The move reinforces the company’s long-term investment in the Bay Area as a center of innovation and talent —and supports its mission to help every company securely adopt AI and become an API-first company. The new office accommodates 50% more employees than its previous San Francisco office and is designed to foster more collaboration, customer meetings and opportunities for employees to connect and build relationships.

“We’re excited to expand our footprint in the heart of San Francisco’s financial district. The Bay Area continues to be the center of the tech universe, and it’s important for our growth as the leading API platform company to have a significant presence here,” said Gunjan Aggarwal, Chief People Officer, Kong Inc.

Kong has seen incredible growth over the last year, having recently secured $175 million in Series E financing, bringing the company to a $2 billion valuation. The company has since invested in strategic growth, hiring, and enhancing product innovation including launching several updates to the Kong Konnect API platform, Kong AI Gateway and introducing a new Event Gateway.

Today, Kong has more than 700 employees globally in more than 25 different locations supporting 700+ businesses ranging from Fortune 500 organizations to top financial institutions and digital-first disruptors. 

Kong, a certified Great Place to Work™ company, is hiring globally and across all departments. For more information on open roles and to apply, please visit https://konghq.com/company/careers.

About Kong Inc.

Kong Inc., a leading developer of cloud API technologies, is on a mission to enable companies around the world to become “API-first” and securely accelerate AI adoption. Kong helps organizations globally — from startups to Fortune 500 enterprises — unleash developer productivity, build securely and accelerate time to market. For more information about Kong, please visit www.konghq.com or follow us on X @thekonginc.

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SOURCE Kong Inc.

MINNEAPOLIS, May 22, 2025 /PRNewswire/ — Phraxis Inc., a Minneapolis-based medical device company, marks a major milestone with FDA approval of the EndoForce™ Connector for Endovascular Venous Anastomosis (EndoForce™) — a pivotal development in the evolution of dialysis access technology.

EndoForce™ is a patented endovascular implant designed to simplify and modernize the creation of arteriovenous grafts (AVGs) for hemodialysis. The device enables a unique endovascular anastomosis, eliminating the need for surgical dissection of the venous anastomosis and promoting precise, coaxial vessel-to-graft alignment. EndoForce™ is engineered to reduce tissue trauma, streamline procedural workflow, and support long-term graft performance.

John Ross, MD, lead principal investigator for the pivotal study, commented:
“I’m excited to see the EndoForce™ provide a novel anastomotic option for AVG creation. This straightforward and innovative approach enhances procedural efficiency while addressing key challenges in vascular access. Its unique design has the potential to reduce complications such as intimal hyperplasia at the graft-to-vein anastomosis, ultimately supporting improved long-term outcomes for dialysis patients.”

The device is compatible with standard 6mm ePTFE AVGs and incorporates several proprietary elements: anchoring barbs that secure the device within the vein; a flexible, ePTFE-covered nitinol segment that conforms to the graft and vessel wall; and a compressible section that expands securely within the AVG upon deployment. This configuration supports a stable, end-to-end anastomosis intended to promote laminar blood flow and reduce turbulent shear stress—factors that contribute to endothelial buildup and graft failure.

In a pivotal, multicenter, single-arm study, EndoForce™ achieved procedural success, meeting its primary endpoint of cumulative patency at six months, with a 92% patency rate. Secondary endpoints—including primary patency and technical success—further reinforced the device’s strong clinical performance.

Alexander Yevzlin, MD, CEO of Phraxis Inc., stated:
“FDA approval of the EndoForce™ Connector marks a major advancement for the dialysis community. The device introduces a new standard for AVG creation and has demonstrated exceptional ease of use and procedural reliability. While long-term outcomes are still being evaluated, we remain optimistic about its potential to improve dialysis care.”

The EndoForce™ Connector is now available to healthcare providers and clinicians, offering an innovative, minimally invasive solution for patients with end-stage renal disease (ESRD). Phraxis remains committed to supporting the successful integration of EndoForce™ into clinical practice and enabling providers to deliver improved, durable dialysis access outcomes.

About Phraxis Inc.

Based in Minneapolis, MN, Phraxis Inc. is a medical device company committed to advancing vascular access technologies for patients with end-stage renal disease (ESRD). Through innovative solutions like the EndoForce™ Connector for Endovascular Venous Anastomosis, Phraxis is focused on improving patient care by addressing critical challenges in dialysis access and delivering durable, long-term solutions for ESRD patients worldwide.

For more information:
www.phraxis.com

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SOURCE Phraxis Inc.

Early users report faster processing, fewer errors, and a dramatically improved family experience.

TAMPA, Fla., May 22, 2025 /PRNewswire-PRWeb/ — VenturEd Solutions has officially launched its enhanced School and Student Services® (SSS) platform, with direct IRS integration, marking a significant advancement in financial aid processing for private and independent K–12 schools.

“This is more than a technology upgrade—this transforms financial aid processing, in a smarter and faster way for families and schools,” said Nick Laird, CEO of VenturEd Solutions. “Our enhanced SSS platform breaks down barriers with an application process completed in under 9 minutes and empowers schools with the information and tools they need to serve families with transparency, security, and fairness.”

At the heart of the platform is a suite of advanced capabilities, including direct access to verified IRS tax data through a secure, built-in feature powered by TaxStatus®. Schools can now retrieve both individual and business tax records in under 60 seconds, gaining multi-year financial visibility without relying on manual uploads or outdated documentation.

Key Features and Benefits:

Frictionless Family Experience: Families can complete applications in under 9 minutes, with a single application accepted by multiple schools and no document uploads.Verified Financial Insights: Real-time access to accurate, IRS-sourced financial data across multiple years.Unmatched Data Depth: Access multi-year personal and business tax insights, digestible reports, and real-time IRS updates—all in one place.Bank Grade Security: Protecting family data with enterprise-grade encryption.Real-Time Alerts: Schools receive notifications when financial circumstances change.

Transform your Financial Aid experience and learn more at the upcoming webinar.

Early adopters of the enhanced platform are already seeing meaningful results, including faster application processing, improved administrative efficiency, and a significantly smoother process for both staff and families.

With the full rollout now underway, schools across the country can benefit from the next generation of financial aid tools.

The enhanced SSS platform puts accurate, real-time financial data at your fingertips—helping schools serve families with greater confidence and compassion.

Join the Next Era of Financial Aid Webinar – Register Now.

About VenturEd Solutions:

VenturEd Solutions is a leading solution provider exclusively dedicated to powering the success of K-12 schools, students, and families. With innovative solutions rooted in more than 50 years of service to the education sector, VenturEd Solutions empowers schools worldwide with efficient, customizable solutions that strengthen operations and drive growth. VenturEd Solutions serves over 1 million students and families at more than 28,000 schools, districts, dioceses, multi-academy trusts, and educational organizations worldwide. This comprehensive suite of solutions supports admissions and enrollment, financial aid, tuition, student information management, school payments, communications, data, and analytics to ensure schools achieve their goals and make a lasting impact in their communities. www.venturedsolutions.com

About SSS:

School and Student Services (SSS) is a trusted financial aid management solution for K-12 private and independent schools. With an intuitive, family-friendly application process and robust administrative features, SSS simplifies financial aid management, helping schools increase access, promote diversity, and support sustainable enrollment growth. Powered by NAIS’ industry-standard methodology, SSS provides schools with the tools and insights they need to make fair, consistent, and mission-aligned financial aid decisions. www.solutionsbysss.com

Media Contact:

media@venturedsolutions.com

Nettie Reynolds, Sr. Manager Media Relations

512-815-0520

Media Contact

Nettie Reynolds, VenturEd Solutions, 1 5128150520, nettie.reynolds@venturedsolutions.com, www.venturedsolutions.com

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SOURCE VenturEd Solutions