Investment underscores the critical importance of identity observability and protection in identity-related activities across multi-cloud and on-premises environments

BETHESDA, Md., May 6, 2025 /PRNewswire/ — AuthMind Inc., a leader in identity protection, today announced a strategic investment from F5, the global leader in delivering and securing every app and API. The investment, part of AuthMind’s recently announced $19.3 million seed funding round, underscores the innovative value AuthMind brings to network, infrastructure, and identity protection.

Enterprises today operate in increasingly complex IT environments with fragmented infrastructure across on-premises, cloud, and SaaS. This complexity, compounded by the emergence of non-human identities, results in sophisticated, identity-focused attacks that leverage the visibility gaps traditional security tools struggle to cover.

AuthMind meets this need with an observability-driven Identity Protection Platform that continuously monitors all identities and access paths across these environments, enabling identity security posture management and detection of identity threats.

“AuthMind is uniquely positioned to deliver critical insights into identity-related activities across the entire infrastructure — a capability essential to securing today’s organizations,” said John Maddison, Chief Product Marketing and Technology Alliances Officer at F5. “This investment reflects our confidence in AuthMind’s innovative approach to integrating identity context with network activity to enable organizations to be more precise in identifying and remediating threats in complex hybrid multicloud environments.”

“F5’s investment in our observability-driven approach to identity protection underscores the innovation at the heart of our mission,” said Shlomi Yanai, CEO of AuthMind. “Their funding further validates our vision and will accelerate the evolution of the AuthMind Platform to meet the growing demand for securing the network and identity infrastructure more effectively.”

About AuthMind
AuthMind is pioneering observability-driven identity protection with a holistic platform that arms identity and cybersecurity teams with end-to-end, real-time identity security posture management and threat detection. Through unmatched visibility into the activities of identities—human, non-human, and agentic AI—spanning multi-cloud, hybrid, SaaS, and on-premises environments, the AuthMind Identity Protection Platform is the only solution that provides full identity and access context for fast remediation of identity threats and posture issues. Named a Gartner Cool Vendor in Identity-First Security, AuthMind is based in Bethesda, Maryland, with R&D operations in Pune, India. Visit www.authmind.com.

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SOURCE AuthMind inc

The move represents a substantial stride in the company’s vision to be the utility industry’s solution partner of choice.

BOULDER, Colo., May 6, 2025 /CNW/ — E Source, a utilities-focused consulting, research, and data science company, has acquired ILLUME Advising, LLC, a research and strategy consultancy specializing in the energy sector. The acquisition boosts E Source’s ability to help its utility clients by providing deeper insights, tailored solutions, and richer engagement, building on the company’s deep expertise in North America’s utility sector.

ILLUME is a provider of people-centered research and consulting in the energy sector, founded in 2013 by Anne Dougherty and Sara Conzemius. Over the years, it has expanded to include more than 45 experts with diverse skills in social sciences, data science, engineering, strategic planning, and policy implementation.

E Source has been a solution partner to utilities for over 35 years. In 2019, it was acquired by Align Capital Partners (ACP), a growth-oriented mid-market private equity firm. The company has since grown organically and through acquisitions to create the most comprehensive solution partner in the utility industry.

Commenting on the acquisition, Joe Eazor, CEO, E Source, said, “I am thrilled to welcome the ILLUME team to E Source. This acquisition enhances our talent pool and depth of offerings, allowing us to create a more connected and holistic client experience across services. Anne and Sara have built an incredible company with a portfolio of trusted solutions that, combined with E Source’s scale and capabilities, will enhance the value we offer clients. We are thrilled to have their leadership on our journey to being the solution partner of choice in the utility industry.”

From behavioral economics and human-centered design to applied engineering and building science, ILLUME’s multidisciplinary expertise will further enhance E Source’s deep technical knowledge and trend-tracking capabilities across all utility verticals.

Anne Dougherty, ILLUME founder and co-owner, said, “At ILLUME, we’ve always believed in the power of rigorous research, strategic insight, and deep partnership with clients. E Source is the perfect match to help us scale that vision. Their data science, consulting, and solution-driven capabilities beautifully complement our work. We’re excited for what’s ahead, and confident our clients will see immediate value.”

The companies are now going through a systematic integration process, until the completion of which ILLUME will operate semi-independently as an E Source company. 

“Anne and I are thrilled to be joining forces with E Source—a company we’ve long admired,” said Sara Conzemius, ILLUME founder and co-owner. “Their commitment to innovation, environmental stewardship, and customer-centered solutions deeply aligns with our mission at ILLUME. Together, our teams are positioned to deliver a next-generation set of services to help utilities navigate the energy transition with clarity, purpose, and impact.”

Align Capital Partners was advised by McGuireWoods and ILLUME was advised by the Environmental Financial Consulting Group and Murphy Desmond S.C.

About E Source 
E Source combines industry-leading research, data science, and consulting to help utilities make and implement better data-driven decisions that positively impact their customers, their bottom line, and our planet. Headquartered in Boulder, CO, E Source has teams across the US and Canada. Learn more at www.esource.com.

About ILLUME Advising, LLC 

ILLUME is a research and strategy consultancy specializing in people-centered consulting to advance, re-envision, and transform the power sector. As energy specialists, ILLUME empowers utilities, regulators, and industry leaders to tackle complex challenges and accelerate innovation. ILLUME offers a holistic consulting approach grounded in four areas of expertise: Affordability, Access, and Resilience; Emerging Opportunities; Evaluation and Success Planning; and Human Insights. With headquarters in Madison, Wisconsin, and Tucson, Arizona, ILLUME has teams located in 15 states across the US. Learn more at www.illumeadvising.com.

Media contact
Adarsh Nalam, Director, Solutions Marketing and Communications
adarsh_nalam@esource.com

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SOURCE E Source Companies LLC

Understanding competitive landscape conditions, delays and regional disparities key to renewable energy project success

AUSTIN, Texas, May 6, 2025 /PRNewswire/ — Enverus, the most trusted energy-dedicated SaaS company that leverages generative AI across its solutions, is releasing its 2025 Interconnection Queue Outlook, a comprehensive collection of power generation and transmission projects that show requests to connect to the U.S. power grid. Leveraging its proprietary machine learning model, Enverus assigns a probability of success to every queued power plant project, enabling the analysis of trends and insights into portfolio valuation and queue dynamics. With interconnection queue challenges posing a major hurdle for projects, this outlook offers a data-driven perspective and provides critical insights for developers, investors and policymakers navigating the evolving energy landscape.

Enverus experts continue to underscore that generous tax credits from the Inflation Reduction Act and the EPA’s update to 40 CFR Part 60, which mandates additional coal retirements, have significantly boosted demand for renewable energy projects across the United States. The surge in investment and development has overwhelmed interconnection queues, with a record number of projects seeking grid connections. This has exceeded grid operators’ processing capacity, causing significant delays and project suspensions. Understanding project suspensions and success rates is critical, as these factors vary by independent system operators (ISO), technology type and project stage.

In a recent Enverus Intelligence® Research (EIR) report, analysts found about 90% of renewable generation projects do not progress beyond the interconnection queue, and that the New York ISO (NYISO), Southwest Power Pool (SPP), Pennsylvania–New Jersey–Maryland (PJM) and ISO New England (ISO-NE) have higher suspension rates later in the project lifecycle, with Interconnection Agreement suspension rates ranging from 46% to 79%, compared to around 20% in Electric Reliability Council of Texas (ERCOT), California Independent System Operator (CAISO) and Midcontinent Independent System Operator (MISO). Projects in these markets show minimal improvement in completion probability until reaching construction. Understanding these regional differences helps developers maximize investment potential by minimizing project delays and increasing the odds of making it through the queue.

With low project success rates, power developers need better data to navigate risks and opportunities in this evolving landscape, and that’s where Enverus’ unique Interconnection Queue shines.

Read the full announcement and download Enverus’ 2025 Interconnection Queue Outlook

About Enverus
Enverus is the most trusted energy-dedicated SaaS company, with a platform built to maximize value from generative AI, offering anytime, anywhere access to analytics and insights. These include benchmark cost and revenue data sourced from more than 95% of U.S. energy producers and more than 40,000 suppliers. Our platform, with intelligent connections, drives more efficient production and distribution, capital allocation, renewable energy development, investment and sourcing. Our experienced industry experts support our customers through thought leadership, consulting and technology innovations. We provide intelligence across the energy ecosystem: renewables, oil and gas, financial institutions, and power and utilities, with more than 7,700 customers in 50 countries. Learn more at Enverus.com.

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SOURCE Enverus