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K1 to Exit Axcient, a Category Leader in Business Continuity and Disaster Recovery Solutions

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K1’s strategic investment established Axcient as a BCDR leader, and the firm will have realized over $1.8B of liquidity in the past ten months

MANHATTAN BEACH, Calif. , Sept. 10, 2024 /PRNewswire/ — K1 Investment Management, LLC (“K1”), one of the largest investors in small-cap enterprise software companies, today announced that its portfolio company Axcient, a provider of advanced business continuity and disaster recovery (BCDR) solutions for managed service providers (MSPs), has entered into a definitive agreement to be acquired by ConnectWise, with the transaction expected to close in the coming weeks.

Following K1’s initial investment, Axcient focused on customer-driven innovation and strategic growth, resulting in annual recurring revenue growing by 7.5x over its investment period. During the partnership, K1 facilitated the strategic add-on acquisitions of Anchor, Cloudfinder and Replibit, further enhancing the company’s market presence and product offerings, and solidifying its position as a category leader in backup and disaster recovery software.

“K1’s partnership with Axcient has helped to transform the company’s product offerings and establish itself as a leader in the BCDR space,” said Taylor Beaupain, Managing Partner at K1.”Through our operational support and growth initiatives, Axcient has continued to evolve its solutions, positioning itself as a trusted name for MSPs globally.”

The acquisition by ConnectWise seeks to further accelerate Axcient’s mission to protect MSPs and their clients from growing cybersecurity risks, combining its BCDR expertise with ConnectWise’s comprehensive suite of IT management, cybersecurity, and data protection solutions. Axcient’s robust technology, including its x360 platform, has earned industry recognition for offering seamless, scalable protection to businesses of all sizes.

“Axcient’s partnership with K1 has been instrumental in scaling the company’s technology and expanding its reach,” said Rod Mathews, CEO of Axcient. “As we join the ConnectWise family, we are excited to continue delivering leading solutions that help MSPs protect their customers from ransomware attacks and other disruptions.”

With the sale of Axcient, K1 has now realized over $1.8 billion of liquidity in the past ten months across its portfolio. This exit follows a series of successful transactions, including the recent take-private of MariaDB, the strategic growth investment in Board Intelligence, and the sale of GoCanvas to Nemetschek Group (FRA:NEM).

About Axcient
Axcient is an award-winning provider of Business Continuity and Disaster Recovery (BCDR) solutions, offering advanced cloud-based data protection services that ensure businesses can recover quickly from disruptions. Axcient’s commitment to product innovation and strong partner support have earned it a trusted reputation for MSPs.

About K1
K1 is one of the largest investors in small-cap enterprise software companies. Headquartered in Manhattan Beach, California, K1 partners with strong management teams of high-growth software businesses, utilizing operationally-focused growth strategies to rapidly scale portfolio companies. Dedicated to transforming industries and driving productivity, K1 has collaborated with over 240 enterprise software companies since inception.

K1’s exclusive focus, driven by its single team, single office, and single fund strategy, has resulted in realizations for many of its portfolio companies. Examples include Apttus (sold to Thoma Bravo), Buildium (sold to RealPage, NASDAQ: RP), Certent (sold to insightsoftware), Checkmarx (sold to Insight Partners and Hellman & Friedman), Clarizen (sold to Planview), FMG Suite (sold to Aurora Capital Partners), GoCanvas (sold to Nemetschek Group, FRA: NEM), Granicus (sold to Vista Equity Partners and Harvest Partners), Inthinc (sold to Orbcomm, NASDAQ: ORBC), Litera (sold to Hg Capital), Rave Mobile Safety (sold to TCV; now owned by Motorola Solutions, NYSE: MSI), TeamDynamix (sold to Level Equity), Unified (now owned by iHeartMedia), WorkForce Software (now owned by Insight Partners and Elliott Investment Management) and Zapproved (sold to Exterro).

For more information, visit k1.com and follow K1 Investment Management on LinkedIn.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/k1-to-exit-axcient-a-category-leader-in-business-continuity-and-disaster-recovery-solutions-302244581.html

SOURCE K1 Investment Management

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Wrap Up the Holidays with Bedsure Exceptional Discounts

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NEW YORK, Dec. 21, 2024 /PRNewswire/ — The holiday season has arrived, and Bedsure is bringing warmth and coziness to gift-giving with exceptional discounts on a selection of premium products. From luxurious throw blankets to versatile wearable blankets and complete bed-in-a-bag sets, Bedsure offers ideal holiday gifts for everyone. With special discounts, this is the perfect opportunity to bring comfort and joy to loved ones.

Top Picks for This Holiday Season

1. Arch Shaggy Sherpa Fleece Blanket – 28% Off
This ultra-soft throw, now just $12.99 (original price $17.99), combines warmth with elegance. Featuring a stylish jacquard pattern, it adds charm to any space and serves as a versatile gift or companion for chilly evenings. Lightweight yet cozy, this blanket is designed to provide comfort and durability.

2. Sherpa Fleece Wearable Blanket – 20% Off
The ultimate gift of comfort, this wearable blanket features a plush flannel exterior and Sherpa lining for luxurious warmth. Thoughtful details such as ribbed cuffs and spacious pockets make it a practical choice for lounging or staying cozy during the holidays. Now available for $23.99 (original price $29.99), this winter essential offers unmatched value.

3. Vegan Fur Blanket – 43% Off
A touch of luxury is easy to achieve with the Bedsure Vegan Fur Blanket, priced at $33.99 (original price $59.99). This ultra-fine faux fur throw provides elegance and comfort, mimicking the softness and texture of real fur in a cruelty-free design. It’s perfect for cozying up or making a stylish statement.

4. Marilyn Monroe™ Sherpa Blanket – 67% Off
Hollywood glamour meets comfort with the Marilyn Monroe™ Sherpa Blanket. Inspired by pop art, this lightweight and cozy throw features a vibrant design that pays tribute to an icon. At just $9.99 (original price $29.99), it’s a stylish yet affordable holiday gift.

5. Pintuck Bed-in-a-Bag – 7-Piece – 64% Off
The all-in-one 7-piece bedding set, available for $26.79 (original price $74.99), transforms any bedroom with its elegant pinch pleat design and cloud-like microfiber comforter. Combining sophistication with practicality, it’s a thoughtful gift or the perfect holiday home upgrade.

Why Choose Bedsure This Holiday Season?

Unbeatable Discounts: Save up to 67% on top products that blend comfort and style.Perfect for Every Occasion: Whether it’s a Christmas gift, a New Year surprise, or an upgrade for the home, Bedsure’s collection offers a variety of options.High-Quality Comfort: Each product is crafted with premium materials to ensure warmth, softness, and long-lasting durability.

This holiday season, Bedsure provides the perfect opportunity to share comfort and joy. Exclusive deals are available for a limited time, making it the ideal moment to explore the collection and make the season unforgettable.

About Bedsure:

Founded in 2016, Bedsure is a leading home textile brand with products sold to over 15 million customers worldwide. Currently, Bedsure has over 50 bestselling home products in 8 countries and has maintained a compound growth rate of 100% for five consecutive years. While Bedsure has grown into a global company with diverse products to meet different customer needs, its focus on comfortable home products and everyday value stays the same. For more information, visit Bedsure’s official website https://bedsurehome.com/, or Amazon shop https://www.amazon.com/bedsure. Stay in touch with Bedsure on social media @bedsurehome.

View original content:https://www.prnewswire.com/news-releases/wrap-up-the-holidays-with-bedsure-exceptional-discounts-302337822.html

SOURCE Bedsure

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Juliettdate Launches Drafts Feature to Ensure More Seamless Communication for Users

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Juliettdate, an online dating platform, has introduced a new feature called Drafts to improve communication on its dating platform.

TALLINN, Estonia, Dec. 21, 2024 /PRNewswire-PRWeb/ — Picture this: you’ve found an interesting match on a dating website, your conversation flows, and messages fly back and forth as you dive into an engaging discussion. Then, a technical glitch happens — your browser crashes, or you accidentally close the chat. Suddenly, the message you were crafting is gone, and you can’t quite remember what you wanted to say.

To make sure moments like this don’t disrupt your conversations, Juliettdate has introduced the Drafts feature. This handy addition allows users to save unsent or incomplete messages for up to 30 days. You can revisit, edit, and send your drafts at any time during this period.

How Draft Feature on Juliettdate Works

Messages are automatically saved as drafts every few seconds, requiring no action from the user. No matter if you’re composing a thoughtful reply or managing multiple conversations on the go, your progress remains securely saved.Drafts are synced across the platform’s web and mobile versions, allowing users to pick up right where they left off, whether on their phone or desktop.After 30 days, messages that haven’t been acted upon will be automatically removed.

The idea for the Drafts feature came straight from user feedback. Many shared how frustrating it was to lose messages mid-conversation, especially when the dialogue was meaningful. With this feature, Juliettdate users can stay connected and maintain the rhythm of their chats without worrying about interruptions or lost words.

The Drafts feature is just one of many ways Juliettdate works to improve the platform. In 2024, the company conducted over 120 product tests to improve the functionality and usability of its dating platform.

Along with working on user functionality, Juliettdate is constantly enhancing the security of its site by leveraging different measures. For instance, the platform has incorporated a patented AI anti-fraud solution that swiftly detects fraudulent activities, ensuring a safer environment for users. Additionally, Juliettdate employs robust moderation systems to identify and remove fraudulent accounts and unwanted content, further protecting its community.

About Juliettdate

Juliettdate is an online dating platform that connects those interested in meaningful relationships. It provides a space for users to chat and build connections with people from different countries.

Media Contact

Olive Parra, Juliettdate, 1 888 234-6786, smm@juliettdate.com, https://juliettdate.com/

View original content to download multimedia:https://www.prweb.com/releases/juliettdate-launches-drafts-feature-to-ensure-more-seamless-communication-for-users-302336078.html

SOURCE Juliettdate

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SCANable Strengthens Existing West Coast Presence with Additional Cutting-Edge Mobile 3D and 4D Scanning Services

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SCANable has expanded its West Coast operations based in Burbank, California, offering fully mobile 3D and 4D scanning studios equipped to meet the fast-paced demands of modern productions. With industry-experienced professionals and the latest scanning technology, SCANable ensures availability and efficiency by delivering high-quality digital and virtual assets directly on location, even in challenging conditions.

BURBANK, Calif., Dec. 21, 2024 /PRNewswire-PRWeb/ — SCANable, the leading US-based 3D and 4D scanning studio, proudly announces the expansion of its West Coast operations based in Burbank, California — the heart of the largest film and television studios on the West Coast. This expansion supports the rapid number of productions returning to California. This strategic location underscores SCANable’s commitment to delivering exceptional scanning services to the film, television, and video game industries.

Our number one talent is availability. We are ready anywhere, anytime, with the latest scanning technology and expertise. Our in-house team of industry professionals excels at last-minute requirements and challenging conditions.

As the film industry continues to evolve, the importance of supporting US-based crews and businesses has never been greater. Keeping work in the country ensures that local talent and productions thrive, preserving the quality and integrity of visual storytelling. SCANable contributes to this mission by ensuring that all scan processing is performed in-state, allowing productions to apply 100% of their scanning budget toward their state tax credits and keeping valuable work within the country.

SCANable’s highly experienced team, with a combined 100 years in 3D and 4D scanning, has contributed to hundreds of feature films, premium episodic series, video games, music videos, and commercials. SCANable empowers visual storytelling by capturing and creating hyper-realistic digital assets, allowing visual effects studios and creative teams to tell more believable stories and achieve seamless and immersive experiences.

Mobile Photogrammetry Studios: Unmatched Agility and Speed:

SCANable’s ultra-portable, self-contained Mobile Photogrammetry Studios (MoPho Studios) set the industry standard for efficiency and adaptability. These mobile studios can be deployed to challenging locations and be fully operational within 30 minutes, minimizing the impact on each production’s already hectic planning and coordination efforts, even in the most demanding environments.

In a time when talent’s time is more precious than ever, the days of sending an actor to a dedicated facility are nearly impossible. SCANable’s mobile studios can literally park within steps of the actors, ready to capture full-body scans in a fraction of a second and complete Facial Action Coding System (FACS) sessions in under 30 minutes. Each studio is also equipped with One-Light-At-a-Time (OLAT) and volumetric multi-camera capture array capabilities, ensuring that productions receive the highest quality scans and reference footage with unparalleled efficiency.

Industry-Leading Services and Expertise:

SCANable’s extensive suite of scanning services continues to be available across the West Coast and nationwide. As an approved vendor for all major film studios—including Disney, Marvel, Netflix, Amazon, Universal, Sony, Twentieth Century Fox, and Paramount—SCANable is trusted to deliver unparalleled quality and precision.

Nationwide, SCANable Offers:

Character Scanning4D Volumetric CapturePhotometric ScanningAerial LiDAR/PhotogrammetryTerrestrial LiDAR ScanningLarge Environment CaptureProp ScanningWardrobe-Fitting ScanningCostume ScanningAccurate Lifesize Mannequin 3D PrintsMachine Learning Multi-Camera CaptureGaussian Splat/NeRF Capture and Processing

Expanding Boundaries in Aerial and Environmental Scanning:

SCANable’s aerial scanning team has captured thousands of acres across the United States, including controlled and highly restricted locations that many drone operators cannot access. This experience allows SCANable to provide ultra-high-resolution 3D models and Gaussian Splats for use in traditional visual effects pipelines, as well as Virtual Production and LED Volume Stages, pushing the boundaries of what’s possible in immersive environments.

Quality, Experience, and US-Based Craftsmanship:

Focusing on quality and committing to US-based talent and processing, SCANable helps productions maximize their budgets and benefit from valuable tax credits. This dedication ensures that the industry’s most demanding projects receive the precision and reliability they deserve. From iconic Hollywood productions to state-of-the-art video game development, SCANable’s expertise supports the creation of seamless, invisible visual effects that elevate storytelling.

“Our number one talent is availability. We pride ourselves on being ready anywhere, anytime, with the latest scanning technology on hand. Our amazing team of industry professionals excel at handling last-minute requirements and challenging conditions—whether it’s tight schedules, less-than-ideal lighting, or complex subjects. We’re great at what we do, but it’s all about showing up and delivering when productions need us most,” said Travis Reinke, Founder and CEO of SCANable.

About SCANable:

SCANable, founded in 2012, is a US-based company specializing in 3D and 4D scanning services for film, television, video games, and virtual production. With locations in California, Georgia, New York, and Texas, SCANable delivers unmatched expertise and quality, bringing productions to life through cutting-edge scanning technologies.

For more information, visit www.scanable.com or contact pr@scanable.com. Check out SCANable’s latest promotional video here.

Media Contact

Ty Taylor, SCANable, 1 (877) 899-2931, pr@scanable.com, www.scanable.com

Twitter, LinkedIn

View original content to download multimedia:https://www.prweb.com/releases/scanable-strengthens-existing-west-coast-presence-with-additional-cutting-edge-mobile-3d-and-4d-scanning-services-302337012.html

SOURCE SCANable

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