Technology

AppCD Closes $12.3M Seed Round and Rebrands to StackGen

Published

2 weeks ago

September 10, 2024

StackGen expands leadership and go-to-market team

SAN FRANCISCO, Sept. 10, 2024 /PRNewswire/ — appCD, the generative infrastructure from code company, today announced the close of its $12.3M seed round, its new identity as StackGen, and the appointment of Arshad Sayyad as Chief Business Officer. The round was led by Thomvest Ventures, with existing investors, FireBolt Ventures, WestWave Capital, and Secure Octane participating. StackGen will utilize the funding to accelerate product development, enhance its go-to-market strategy, and fuel company growth.

“StackGen represents the next evolution of our commitment to revolutionizing infrastructure from code,” said Sachin Aggarwal, Co-founder and CEO of StackGen. “The funding will enable us to meet the growing demand from enterprise customers as we continue to deliver on our vision for the future of infrastructure from code. Our new name encapsulates this vision and mission to provide seamless, full-stack infrastructure solutions that enhance the developer experience and enforce industry standards, while embracing generative AI.”

As stated in the Gartner® Hype Cycle™ for Platform Engineering, 2024, “The plethora of cloud infrastructure services across multiple cloud providers makes it difficult for platform engineers and developers to manage infrastructure change at the same pace as application code. Therefore, much like software engineers are productive working with higher-level abstractions using object-oriented programming languages with reusable modules, platform engineers seek similar benefits for improving their productivity and simplifying infrastructure delivery. IfC merges infrastructure and application code into a common programming model and a common programming language. IfC improves development and infrastructure agility by enabling infrastructure to change at the same pace as applications — developers focus on business logic and application architecture while infrastructure code is auto-generated based on organizational standards.”

“Ensuring governance and consistency in deployments is crucial. StackGen provides default standardization, embedding consistency, security, and policy guardrails seamlessly into cloud deployments for enhanced application reliability,” said Arvind Gidwani, CTO, SAP NS2. “StackGen is providing the necessary compliance and cloud automation at scale to help drive digital transformation.”

“I am thrilled to be an investor and board member at StackGen, partnering with repeat founder and CEO Sachin Agarwal and his cofounders, Asif Awan and Arshad Sayyad,” said Umesh Padval, Managing Director, Thomvest Ventures. “StackGen is revolutionizing the DevOps market with its Infrastructure from Code platform driving 10x productivity gains for DevOps and SecOps. The strong team, massive market opportunity along with differentiated and easy to use technology met the criterion of our thesis driven investments.”

The rebranding to StackGen reflects the company’s commitment to providing comprehensive infrastructure solutions that span the entire technology stack.

StackGen has expanded its leadership and go-to-market team with the appointment of Arshad Sayyad, former President of Fidelity Investments India and Managing Director at Accenture, Danielle Cook, CNCF Ambassador and ex-Fairwinds and Ondata, and Lauren Rother, ex-HashiCorp.

StackGen launched its Dev Edition in March, and has already seen significant interest, with developers rapidly signing up to utilize its cutting-edge solutions. This early success underscores the growing demand for innovative infrastructure from code technologies and sets the stage for continued growth and market penetration.

Gartner, Hype Cycle for Platform Engineering, 2024, Manjunath Bhat, Bill Blosen, 19 June 2024

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, HYPE CYCLE are a registered trademark of Gartner, Inc. and/or its affiliates and is used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About StackGen
Founded in 2023 by serial entrepreneurs Sachin Aggarwal and Asif Awan, StackGen (formerly appCD) automatically generates Infrastructure from Code (IfC) based on application code with golden standards applied. Unlike manual Infrastructure as Code (IaC) creation or “golden templates” that quickly become outdated, StackGen generates IaC automatically from the application code, without requiring any code changes, and applies preset standards. StackGen provides seamless, full-stack infrastructure solutions that enhance the developer experience and enforce industry standards. Built for platform engineers and DevOps teams tasked with improving the developer experience and enforcing standards, StackGen reduces software development lifecycle (SDLC) bottlenecks, minimizes liabilities, and eliminates cognitive overload. StackGen is backed by notable venture capital firms Thomvest Ventures, WestWave Capital, FireBolt, and Secure Octane. For further information, please visit www.stackgen.com.

About appCD
Founded in 2023 by serial entrepreneurs Sachin Aggarwal and Asif Awan, appCD automatically generates Infrastructure from Code (IfC) based on application code with golden standards applied. Unlike manual Infrastructure as Code (IaC) creation or “golden templates” that quickly become outdated, appCD generates IaC automatically from the application code, without requiring any code changes, and applies preset standards. Built for platform engineers and DevOps teams tasked with improving the developer experience and enforcing standards, appCD reduces software development lifecycle (SDLC) bottlenecks, minimizes liabilities, and eliminates cognitive overload. appCD is backed by notable venture capital firms Thomvest Ventures, WestWave Capital, FireBolt, and Secure Octane. For further information, please visit www.appCD.com.

Media Contact:
Angelique Faul
Silver Jacket Communications
382937@email4pr.com
513.633.0897

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SOURCE StackGen

Technology

DANAconnect and eSource Capital Launch PayrollTrace for Digital Payroll Compliance

Published

2 hours ago

September 22, 2024

PayrollTrace is an innovative, secure platform for paperless payroll receipt delivery, ensuring regulatory compliance and real-time traceability.

FORT LAUDERDALE, Fla., Sept. 22, 2024 /PRNewswire-PRWeb/ — DANAconnect, the leading company in automated business communications, in collaboration with eSource Capital, a prominent Google Cloud Partner in Latin America, announce the launch of PayrollTrace, an innovative platform designed for the secure and efficient digital delivery of payroll receipts, ensuring regulatory compliance and complete traceability in every transaction.

Paul Kienholz, CEO of DANAconnect, highlighted: “PayrollTrace is the next step in automating critical business processes, enabling companies to eliminate paper and manage payroll receipt deliveries with full confidence and transparency, while ensuring regulatory compliance.”

PayrollTrace automates the delivery of payroll receipts through multiple channels, including email and SMS, completely eliminating the use of paper or reliance on email. This solution not only simplifies human resources processes but also ensures regulatory compliance with verifiable technical reports that allow companies to manage and audit receipt deliveries in real time.

Juan Aguilera Franceschi, Managing Partner at eSource Capital, added: “Our partnership with DANAconnect allows us to offer companies in the region a robust solution that optimizes payroll management. PayrollTrace provides the security and flexibility companies need to manage payments efficiently and sustainably.”

The partnership between DANAconnect and eSource Capital combines DANAconnect’s strength in omnichannel business communications with eSource Capital’s expertise in cloud digital transformation. Together, they aim to provide businesses across the Americas with a comprehensive solution that not only optimizes payroll delivery but also ensures compliance with local regulations, guaranteeing that every transaction is backed by complete audits.

About DANAconnect

DANAconnect is a North American company and a leader in communication automation for financial companies through its omnichannel platform. It sends communications to more than 10% of the population of the Americas every month, ensuring secure deliveries, traceability, and large-scale regulatory compliance.

About eSource Capital

eSource Capital is a leading Google Cloud partner in Latin America, specializing in digital transformation and cloud solutions. With a focus on Google Workspace and Google Cloud, eSource Capital helps companies optimize their operations in the digital environment.

Media Contact

Fabiana Arroyo, DANAconnect Corp., 1 8556003262, info@payrolltrace.com, https://www.payrolltrace.com

Twitter, LinkedIn

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SOURCE DANAconnect Corp.

Technology

Siemon Announces Optical Patching Solutions for GenAI Networks Using NVIDIA Accelerated Computing

Published

8 hours ago

September 22, 2024

Siemon announces it is offering its full range of optical patching solutions to work specifically with NVIDIA AI infrastructure for generative AI networks.

WATERTOWN, Conn., Sept. 22, 2024 /PRNewswire-PRWeb/ — The Siemon Company, a global leader in network infrastructure solutions, today announced it is offering its full range of optical patching solutions to work specifically with NVIDIA AI infrastructure for generative AI networks. Large complex GPU clusters can benefit from using structured cabling patch panels versus point-to-point cabling. Siemon acts as a trusted advisor to customers by providing expert advice and best practice recommendations for design & deployment of NVIDIA AI Infrastructure.

“Siemon is very familiar with NVIDIA reference architectures and has worked with many customers to design and deploy NVIDIA clusters… Siemon offers a full range of AI-ready fiber cabling, DAC, and AOC solutions that support 400G, 800G, and 1.6T applications.”

As part of the solution integration, Siemon has joined the NVIDIA Partner Network (NPN) as a Solution Advisor Consultant. NPN Solution Advisor Consultants provide consultation services and expert advice to customers looking to implement NVIDIA-based solutions or technologies. Siemon joins the network to offer its expertise in addressing the unique infrastructure and cabling challenges presented by accelerated computing.

NVIDIA optical reach specifications are calculated assuming two optical patch panels are used in the link and assuming each employ two optical connectors, which makes for a total allowance of four optical connectors in the link. The Siemon optical patching solutions meet NVIDIA requirements and provide customers with flexibility and ease of management.

Media Contact

Brian Baum, Siemon, 1 8609454200, brian_baum@siemon.com

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SOURCE Siemon

Technology

AMSimpkins & Associates Awarded Wisconsin Technical Purchasing Consortium Contract RFB 25-002TP – for Identity Verification Solutions

Published

9 hours ago

September 22, 2024

AMSimpkins & Associates has been awarded the Wisconsin Technical Colleges Purchasing Consortium (WTC-PC) contract for Identity Verification Solutions. This partnership includes providing their advanced S.A.F.E. (Student Application Fraudulent Examination) platform to 16 Wisconsin technical colleges, enhancing security and safeguarding against fraudulent student applications. With a focus on higher education, AMSA aims to support these institutions in maintaining the integrity of their admissions processes and preventing identity fraud. This collaboration underscores AMSA’s commitment to delivering innovative solutions tailored for the education sector.

ATLANTA, Sept. 22, 2024 /PRNewswire-PRWeb/ — AMSimpkins & Associates is proud to announce its selection by the Wisconsin Technical College System Purchasing Consortium (WTC-PC) to provide Identity Verification Solutions through the S.A.F.E. platform. The WTC-PC comprises 16 independent, publicly funded two-year technical colleges across Wisconsin, including Blackhawk Technical College, Chippewa Valley Technical College, Fox Valley Technical College, and Milwaukee Area Technical College, among others.

“We are honored by the Wisconsin Technical College Consortium’s trust in AMSA. This partnership further emphasizes our commitment to providing secure, innovative identity verification solutions that support the needs of educational institutions in protecting their students and operations.”

With a focus on preventing identity fraud, AMSimpkins & Associates’ comprehensive solutions will strengthen the security measures across admissions, enrollment, and financial aid processes, ensuring secure verification and compliance with federal and state regulations. S.A.F.E. will now support Wisconsin’s higher education system, offering its cutting-edge technology to streamline operations and safeguard student data.

“We are honored by the Wisconsin Technical College Consortium’s trust in AMSimpkins & Associates,” said Maurice Simpkins, President and Founder. “This partnership further emphasizes our commitment to providing secure, innovative identity verification solutions that support the needs of educational institutions in protecting their students and operations.”

As part of this agreement, AMSimpkins & Associates will deliver comprehensive services, including system integration, training, and ongoing support to ensure seamless implementation. S.A.F.E.’s capabilities are designed to evolve with growing threats of fraudulent activities, keeping institutions one step ahead in securing student identities.

Institutions in the Wisconsin Technical College System:

Blackhawk Technical CollegeChippewa Valley Technical CollegeFox Valley Technical CollegeGateway Technical CollegeLakeshore Technical CollegeMadison Area Technical CollegeMid-State Technical CollegeMilwaukee Area Technical CollegeMoraine Park Technical CollegeNicolet Area Technical CollegeNorthcentral Technical CollegeNortheast Wisconsin Technical CollegeNorthwood Technical CollegeSouthwest Wisconsin Technical CollegeWaukesha County Technical CollegeWestern Technical College

The S.A.F.E. platform’s advanced identity verification services will play a pivotal role in securing sensitive data and ensuring a safe and fraud-free environment for Wisconsin’s technical colleges and their students.

For more information about AMSimpkins & Associates and the S.A.F.E. platform, please visit amsa-highered.com.

Media Contact

LAQWACIA SIMPKINS, AMSimpkins & Associates, 1 6786824193, LSIMPKINS@AMSA-CONSULTING.COM, amsa-highered.com

Twitter, Facebook, LinkedIn

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SOURCE AMSimpkins & Associates