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Driver Launches with $8M in Seed Funding Led by GV to Simplify Technical Documentation and Speed Product Time-to-Market

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Driver’s platform generates customer-facing technical support documentation 50 percent faster, freeing up half of engineers’ workday

AUSTIN, Texas, Oct. 8, 2024 /PRNewswire/ — Driver emerged from stealth mode today, unveiling its AI-powered platform that instantly decodes technology and automates the creation of interactive documentation. Driver’s platform dramatically reduces the time teams need to understand, document, and deliver technology, enabling significantly faster engineer onboarding and product time-to-market. Driver also announced $8 million in seed funding, led by GV (Google Ventures), with participation from Y Combinator and over a dozen early-stage and angel investors. This seed round will be used to fuel the significant momentum Driver has generated in just one year of operation. The company plans to expand the engineering team, aggressively build out the product roadmap, and accelerate commercialization.

Announced at Embedded World (Booth 2204), Driver’s platform generates customer-facing technical support documentation 50 percent faster, freeing up half of engineers’ workday. Automating source code documentation takes two hours with Driver, compared to the three months it typically takes engineers. Team onboarding to projects is twice as fast, and all team members can instantly understand complex technology.

“By providing a significantly faster, user-tailored understanding of complex technology, we’re empowering teams to quickly access mission-critical information, reduce errors, and accelerate product time-to-market,” said Adam Tilton, Co-founder and CEO at Driver. “Driver is the first solution to create clear, compelling explanations that make technology more accessible for customers and partners while ensuring documentation is drafted quickly and stays consistently up-to-date.”

“We invested in Driver early given our excitement about the founders and the novel use cases of generative AI they are addressing with a large untapped market opportunity,” said Luna Schmid, Partner at GV. “The founders have an incredible track record of building and bring extensive experience and hard-earned lessons from working with complex codebases. We believe Driver is a game changer for any team that needs to document complicated technology quickly and ensure it can be understood by all constituents.”

The semiconductor industry, in particular, benefits dramatically from Driver’s interactive platform. Semiconductor companies produce thousand-page manuals, guides, and source code for customers. These customers often invest millions of dollars and several months in engineer onboarding to implement their products and bring them to market. Driver streamlines this process by helping semiconductor companies quickly decode technology and automate complex documentation. This results in substantial time and cost savings, fewer support issues, and happier customers.

“UICO’s journey to creating full-touch solutions required us to overcome the challenges of navigating complex systems. As we grew, we realized we needed robust technical documentation,” said Basman Dahleh, CTO at UICO. “Driver has accelerated our understanding of these systems, allowing us to more quickly and successfully port our software to new platforms, speeding time to market and onboarding new engineers.”

Driver’s top platform features include:

Decode Vendor Documentation: Transform lengthy, complex manuals into clear, concise explanations.Automated Updates: Syncs codebases to keep up-to-date documentation and to understand how a codebase is evolving in real time. Connect directly from GitHub or other source code management tools.Language Specialization: Works for any programming language, with specialized content for common languages and their nuances.Unified Search: Unified search across assets, content, and contextual information.Reusable templates: Create reusable templates with defined sections and instructions for how Driver should complete the document.Enterprise-grade security: As well as state-of-the-art encryption and advanced identity management.

About Driver
Driver is an AI-powered platform that decodes any technology instantly and automates the creation of interactive documentation. Driver’s platform dramatically reduces the time teams need to understand, document, and deliver technology, enabling significantly faster engineer onboarding and product time-to-market. Driver’s platform generates customer-facing technical support documentation 50 percent faster, freeing up half of engineers’ workdays. Automating source code documentation takes two hours with Driver, compared to the three months it typically takes engineers. Learn more at driver.ai.

Contact:
Nicole Conley
nicole.conley@taniscomm.com
831-713-9076

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SOURCE Driver

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Waters Corporation to Host Investor Day on March 5, 2025

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MILFORD, Mass., Jan. 10, 2025 /PRNewswire/ — Waters Corporation (NYSE:WAT) announced that it will host an Investor Day on Wednesday, March 5th, 2025, in New York City, starting at 8:30 AM ET.

The event will feature presentations by members of the senior management team, who will discuss business initiative achievements, new strategic priorities, and our vision for future shareholder value creation. A Q&A session will follow.

In-Person Attendance
To request in-person attendance at this event, please click here or visit the Waters Investor Relations website at https://ir.waters.com, under ‘Events’.

Webcast
A live webcast will be available the day of the event. To register for the webcast, please click here or visit the Waters Investor Relations website at https://ir.waters.com, under ‘Events’. A replay of the webcast will be available shortly after the event concludes.

About Waters Corporation
Waters Corporation (NYSE:WAT), a global leader in analytical instruments and software, has pioneered chromatography, mass spectrometry, and thermal analysis innovations serving the life, materials, food, and environmental sciences for more than 65 years. With approximately 7,500 employees worldwide, Waters operates directly in 35 countries, including 15 manufacturing facilities, and with products available in more than 100 countries.

Caspar Tudor, Head of Investor Relations
investor_relations@waters.com

View original content:https://www.prnewswire.com/news-releases/waters-corporation-to-host-investor-day-on-march-5-2025-302348226.html

SOURCE Waters Corporation

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As Retail Cybercrime Surges, Plank Road Ventures To Present Technology Solutions At NRF 2025 Big Show

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HOBOKEN, N.J., Jan. 10, 2025 /PRNewswire/ — Credit cards and other non-cash payment methods now account for some 80% of purchasing activity, according to some reports. It’s convenient for consumers, but each retail transaction may expose vital shopper information to nation-state and other cybercriminals. Consumers are inconvenienced, while retailers may suffer reputational and financial damage.

To combat the upsurge in digital incursions, Plank Road Ventures — an eMazzanti Technologies company — will present artificial intelligence, cybersecurity best-practice and other retail solutions at the NRF (National Retail Federation) 2025 Retail’s Big Show at Booth 2306, in the Startup Hub of New York City’s Jacob K. Javits Convention Center from January 12 through January 14, 2025.

“The rise in credit card, digital and other payment methods have made retailers a rich target for cyberthieves,” warns eMazzanti Technologies President Carl Mazzanti. “POS systems, for example, can store customer information and purchase history, enabling retailers to capture the information they need to inform targeted marking campaigns and personalized shopping experiences. But POS transactions also pose an attractive target for cybercriminals, and a successful data breach will have far-reaching consequences.”

Plank Road Ventures, a global managed services provider, partners with leading companies like Microsoft, Watchguard, HP, and I3 Communications to help retailers deploy technology that improve and secure their operations and store strategies, while enhancing customer experience and engagement. Retailers can meet with trained professionals from Plank Road Ventures at the NRF 2025 Retail’s Big Show, and learn about leading-edge POS and other solutions.

About eMazzanti Technologies
eMazzanti’s team of trained, certified IT experts deliver rapid response, increased revenue growth, data security, and productivity for organizations of all sizes. The firm offers cloud and mobile solutions, multi-site technology implementations, outsourced network management, 24 x 7 support, digital marketing services, and cyber security assessments and protection services.

About Plank Road Ventures
Our team of experienced retail experts works with clients to understand their specific requirements and recommend the best options. Specializing in store operations and support, the team is available 24x7x 365.

View original content:https://www.prnewswire.com/news-releases/as-retail-cybercrime-surges-plank-road-ventures-to-present-technology-solutions-at-nrf-2025-big-show-302348181.html

SOURCE Plank Road Ventures

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Kevin Lanouette Named Senior Vice President and General Counsel

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BEDFORD, Mass., Jan. 10, 2025 /PRNewswire/ — iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, today announced that Kevin Lanouette has been named Senior Vice President and General Counsel, effective January 17, 2025. Tonya Drake, the Company’s Executive Vice President and General Counsel, will transition to an advisory role ending March 7, 2025.

“I’d like to thank Tonya for her many years of service to iRobot,” said Gary Cohen, iRobot CEO. “Her legacy of tenacity and rigor in protecting the iRobot Company and our brand has been exemplary.”

“Kevin is a seasoned and highly skilled attorney whose experience in advising on complex corporate and securities, commercial, M&A and IP protection matters will be invaluable as we execute our strategic initiatives and work toward a return to profitable growth,” said Cohen.

Formerly, Mr. Lanouette was a Partner at OutsideGC, a Boston-based law firm, where he specialized in providing strategic legal counsel to clients at all stages of development and across a broad range of industries, including technology development, software and services and healthcare. Previously, he served as Assistant General Counsel at Analog Devices, Inc., a leading global semiconductor manufacturer, from 2006 to 2020, where he had responsibility for several critical legal functions, including corporate, SEC and securities matters, IP licensing and technology transfers, M&A and investments, global commercial transactions, and governance and compliance issues.

He is a graduate of the University of Maine and Harvard Law School.

About iRobot Corp.
iRobot is a global consumer robot company that designs and builds thoughtful robots and intelligent home innovations that make life better. iRobot introduced the first Roomba robot vacuum in 2002. Today, iRobot is a global enterprise that has sold more than 50 million robots worldwide. iRobot’s product portfolio features technologies and advanced concepts in cleaning, mapping and navigation. Working from this portfolio, iRobot engineers are building robots and smart home devices to help consumers make their homes easier to maintain and healthier places to live. For more information about iRobot, please visit www.irobot.com

For iRobot Investors
Certain statements made in this press release that are not based on historical information are forward-looking statements which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. This press release contains express or implied forward-looking statements relating to iRobot Corporation’s expectations concerning executive transitions and execution of the company’s strategy. These statements are neither promises nor guarantees, but are subject to a variety of risks and uncertainties, many of which are beyond our control, which could cause actual results to differ materially from those contemplated in these forward-looking statements. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. iRobot undertakes no obligation to update or revise the information contained in this press release, whether as a result of new information, future events or circumstances or otherwise. For additional disclosure regarding these and other risks faced by iRobot, see the disclosure contained in our public filings with the Securities and Exchange Commission including, without limitation, our most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/kevin-lanouette-named-senior-vice-president-and-general-counsel-302348314.html

SOURCE iRobot Corporation

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