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Plume Raises $20M Series A from Brevan Howard Digital, Haun Ventures, Galaxy Ventures, Lightspeed Faction

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Plume aims to bring real world tokenization onchain to build out RWAfi ecosystem

NEW YORK, Dec. 18, 2024 /PRNewswire/ — Plume, the first fully integrated modular Layer-1 blockchain focused on Real World Asset Finance (RWAfi), today announced the closing of a $20M Series A funding round from Brevan Howard Digital, Haun Ventures, Galaxy Ventures, Lightspeed Faction, Superscrypt, Hashkey, Laser Digital (Nomura Group), A Capital, 280 Capital, SV Angel, Reciprocal Ventures, and others, showcasing strong industry conviction from crypto-native and traditional finance investors in Plume’s vision of an onchain RWAfi ecosystem.

Since its seed round, Plume has seen explosive growth with over 180 protocols building in its ecosystem, representing over $4B in assets. The network’s recently concluded 8-week testnet boasted over 18M wallets, 3.75M actives, and over 280M transactions. Additionally, Plume’s recent pre-deposit campaign was oversubscribed with more than $30M filled in less than 90 minutes, building momentum ahead of its mainnet launch.

At the helm of RWAfi, Plume builds infrastructure that makes it easy to interact with the real world onchain. Plume is both the easiest place to bring real world assets from the real world onchain with products like Plume Arc (modular tokenization engine), Plume Nexus (real world data provider), and as well as interact with those assets on Plume’s EVM blockchain. On Plume, users can seamlessly swap, trade, and speculate on real world assets just as easily as they can when interacting with crypto native assets. Whether it’s earning real yield from holding oil royalties, putting that into a lending market to loop against it, or putting those tokens into a perps dex – Plume is the only place where users can permissionlessly access the real world via crypto rails.

“RWAs have always had tremendous onchain demand, but historically the infrastructure to bring these assets onchain just hasn’t existed,” said Chris Yin, cofounder and CEO of Plume. “Just look at the original RWA, the stablecoin – it’s one of the best products in crypto for onboarding new users. But the key to adoption, however, is the ecosystem and user experience – while stables have nailed it, the rest of RWAs have not. So now with Plume, asset issuers of all kinds can become crypto native builders. Through our technology and ecosystem, we plug them directly into our community, ecosystem, and liquidity and all in an open, permissionless, and composable way.”

The funds raised in this round will accelerate Plume’s commitment to creating the first L1 RWA blockchain for crypto-natives and institutions while supporting new applications and products in emerging markets built on Plume, furthering its mission of bringing the real world onchain for everyone from crypto natives to the largest financial institutions.

“The Plume approach to RWA leverages the unique capabilities of DeFi-native blockchain rails and combines it with their deep understanding of the incentives that drive traditional financial institutions and net new users to come onchain, especially in emerging markets. It’s exciting to see alternative investment classes such as carbon credits, specialty finance products, and GPUs brought onchain via Plume that are not easily accessible to investors today,” said Will Nuelle, General Partner of Galaxy Ventures.

Plume aims to unlock the untapped potential of physical assets and economic data to create opportunities for real yield, sustainable growth, and global accessibility. Users will be able to access Plume on mainnet launch starting early next year.

About Plume

Plume is the first fully integrated L1 modular blockchain focused on RWAfi, offering a composable, EVM-compatible environment for onboarding and managing diverse real-world assets. With 180+ projects on its private devnet, Plume provides an end-to-end tokenization engine and a network of financial infrastructure partners, simplifying asset onboarding and enabling seamless DeFi integration for RWAs. Learn more at https://www.plumenetwork.xyz/ or contact press@plumenetwork.xyz.

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SOURCE Plume Network

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Health Net Providing Special Assistance to Members Affected by Bird Flu Throughout California

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Health Net Assisting Members During State of Emergency

SACRAMENTO, Calif., Dec. 18, 2024 /PRNewswire/ — In response to Gov. Gavin Newsom’s declared state of emergency in California, Health Net, one of the state’s most experienced Medi-Cal managed care health plans and company of Centene Corporation (NYSE: CNC), is providing special assistance to members affected by the Bird Flu. Health Net is committed to ensuring its members have uninterrupted access to essential prescription medications, critical Health Net information and healthcare services.

Prescription Information

During the duration of the State of Emergency, members in California affected by the Bird Flu can obtain an emergency supply of medication from the drug store where they originally filled their prescription.If a member’s drug store is closed, they can call Health Net at 1-800-400-8987 for assistance.

Help with Coping
Health Net members have access to Health Net Behavioral Health Services for coping support including referrals to mental health counselors, local services and phone consultations. These services support members coping with grief, stress or trauma related to the Bird Flu. Health Net Behavioral Health is available for crisis support 24 hours a day, seven days a week at 1-800-675-6110 (TTY: 711).

Video Medical Appointments
If members cannot reach their primary care provider during a declared State of Emergency, Health Net provides access to telehealth services at no cost. To make an appointment, members can refer to their Health Net ID card for more information on accessing telehealth services. Members can also find this information by registering with and logging on to HealthNet.com.

Information for Healthcare Providers
Doctors and nurse practitioners can call Health Net at 1-800-641-7761 for help with:

Emergency prescription refill guidelines.Escalating approvals to reduce approval turnaround times.Approval for out-of-network treatments when in-network resources are unavailable.

Other Important Information
Depending on how long the members need additional assistance, Health Net may take additional steps to ensure its members have access to necessary healthcare services.

About Health Net
Founded in California more than 45 years ago, Health Net, a company of Centene Corporation, believes that every person deserves a safety net for their health, regardless of age, income, employment status or current state of health. Today, we provide health plans for individuals, families, businesses of every size and people who qualify for Medi-Cal or Medicare. With more than 90,000 of our network providers, Health Net serves more than three million members across the state. We also offer access to substance abuse programs, behavioral health services, employee assistance programs and managed healthcare products related to prescription drugs. We make these health plans and services available through Health Net, LLC and its subsidiaries: Health Net of California, Inc., Health Net Life Insurance Company and Health Net Community Solutions, Inc. These entities are wholly owned subsidiaries of Centene Corporation (NYSE: CNC), a leading healthcare enterprise committed to transforming the health of the communities we serve, one person at a time. Health Net and Centene employ more than 5,700 people in California who work at one of five regional Talent Hub offices. For more information, visit www.HealthNet.com.

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SOURCE Health Net

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Amira Learning Receives Top Endorsement for K-2 Dyslexia Screening in California

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State panel-approved solution aids California school districts to meet mandatory early screening requirements

SAN FRANCISCO, Dec. 18, 2024 /PRNewswire-PRWeb/ — Amira Learning (Amira), the creator of the first and only proven Intelligent Reading Assistant for teachers and AI Reading Tutor for students, has been formally recommended by the Reading Difficulties Risk Screener Selection Panel (RDRSSP) as the only screener unanimously approved for California school districts. This recommendation means California districts can partner with Amira to meet the mandatory K-2 Screening requirements (EC 53008) for the 2025-2025 school year.

“This endorsement highlights our innovative approach to early literacy assessment, intervention, and remediation,” said Malia Vella, Vice President of State Partnerships at Amira Learning.

In compliance with California Education Code 53008(b), the State Board of Education convened a panel of nine independent experts to evaluate early literacy screening tools. After a comprehensive review, the panel selected and approved Amira Learning on December 16, 2024 as a top-tier screening instrument for Kindergarten through Second Grade students, in both English and Spanish.

“This endorsement highlights our innovative approach to early literacy assessment, intervention, and remediation,” said Malia Vella, Vice President of State Partnerships at Amira Learning. “Early detection is the critical first step in supporting students’ reading development and by identifying dyslexia risk as early as kindergarten, in a way that does not disrupt classroom instruction, we’re providing educators and parents with the tools they need to intervene and support —ensuring every child has the opportunity to develop a strong foundation for lifelong learning.”

Amira is the only recommended screener validated by university and SEA efficacy research that accelerates literacy outcomes by delivering the latest reading and neuro science with AI. Leveraging advanced AI technology, the system provides a fully AI proctored assessment that saves teachers valuable time, turns practice sessions into real-time progress monitoring data, provides AI-powered just-in-time tutoring, delivers micro interventions, and offers immediate remediation guidance – down to the phoneme – to educators. A recent University of Houston study highlights the platform’s critical importance, revealing Amira’s ability to effectively identify 98% of students at risk for dyslexia, making it an essential tool in early literacy assessment and intervention.

As an Intelligent Growth Engine, Amira enables teachers to focus on core instructional responsibilities while seamlessly handling universal and dyslexia screening for K-2 students. The comprehensive platform provides precise risk identification and analysis, recommended interventions and integrated parent communication tools. By unifying assessment, instruction, and tutoring into a cohesive learning cycle, Amira offers districts a holistic solution that helps districts achieve instructional coherence across their literacy program.

The company has seen success with its screener in other states. Amira was recently rated as the highest-scoring screener for Georgia’s mandated screening for K-3 students, and studies have consistently shown a significant effect on end of year literacy achievement for students who use Amira 30 minutes each week, particularly for at-risk readers.

To learn more about Amira’s solution, visit: https://amiralearning.com/amira-isip-assess

About Amira Learning
Amira Learning accelerates literacy outcomes by delivering the latest reading and neuro science with AI. Propelling gains exceeding human tutoring, Amira is the only AI edtech validated by university and SEA efficacy research.

Amira’s Intelligent Growth Engine seamlessly bridges assessment, instruction, and tutoring, powering a coherent instructional cycle centered on a district’s chosen curriculum. Amira continuously identifies skill gaps, recommends individualized reading plans aligned with district curricula, and delivers 1:1 tutoring with real-time feedback.
Amira’s unique ability to listen to students read aloud drives unprecedented growth, delivering an effect size of over 0.4. Trusted by more than 2,000 districts and schools worldwide, Amira is the intelligent assistant teachers need to turn students into motivated and masterful readers.

To learn more about Amira Learning, visit amiralearning.com.

Media Contact

Shelby Busen, Amira Learning, 6364855430, amira@thekeypr.comhttps://amiralearning.com/

View original content to download multimedia:https://www.prweb.com/releases/amira-learning-receives-top-endorsement-for-k-2-dyslexia-screening-in-california-302335581.html

SOURCE Amira Learning

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OpenGov Strengthens its India Presence with a New, Modern Office in Pune

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Rapidly growing software company crosses 100 employees locally, aims to create additional 50 plus jobs by next year

PUNE, India, Dec. 19, 2024 /PRNewswire/ — OpenGov, the leader in modern cloud software for U.S. cities, counties, special districts, and state agencies, has opened a large office location with capacity for all local employees in Pune to accommodate its rapid growth.

The OpenGov Pune team just surpassed 100 employees locally, a significant milestone for any startup. There are currently more than 50 open positions locally across engineering and product development. Within the next 12 months, the company is looking to add 50+ additional roles in Pune.

The new office is located in the heart of Pune at Radhe Complex, 8th Floor, Raja Bahadur Mill Road, Behind Sheraton Grand Hotel, Sangamwadi Pune, Maharashtra, India – 411001. The location is attractive for the region’s top tech talent. This new space is designed around the principles of fit-for-purpose, contemporary look, and a collaborative environment.

“By opening a larger, more modern office in a highly desirable neighborhood of Pune and committing to growing the local team by 50 percent demonstrates OpenGov’s commitment to the region,” said Rama Jayanti, senior vice president, engineering and Pune office leader for OpenGov. “OpenGov values its employees and provides excellent opportunities to grow professionally, and I’m thrilled to welcome new teammates into our beautiful space.”

“Our new Pune office is a vital step in solidifying OpenGov’s position as a global leader in government technology,” said Thiago Sa Freire, president and COO of OpenGov. “This space will serve as an innovation hub, fostering collaboration and enabling us to deliver even greater value to our customers while driving the next phase of OpenGov’s growth.”

Earlier this year, the Pune team was recognized for its positive workplace culture by the GCC Workplace Awards 2024. OpenGov was named one of the Top 24 in 2024 Companies, and Jayanti received the Woman Leader of the Year Award.

OpenGov formally established itself as a legal entity in Pune in 2022. The American software company chose Pune for its status as the engineering, computer science, and tech education capital of India. The high number of highly skilled technologists and vibrant startup ecosystem make Pune a prime location for companies like OpenGov.

To learn more about working at OpenGov and see open positions, visit https://opengov.com/careers/.

About OpenGov
OpenGov is the leader in modern cloud software for cities, counties, state agencies, and special districts. With a mission to power a more effective and accountable government, OpenGov serves more than 1,900 public sector leaders and their organizations. OpenGov is built exclusively for the unique budgeting and planning, accounting, permitting and licensing, procurement, asset management, and tax and revenue needs of the public sector. The OpenGov Cloud empowers organizations to operate more efficiently, adapt to change, and strengthen trust with the communities they serve. Learn more or request a demo at opengov.com.

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View original content:https://www.prnewswire.com/in/news-releases/opengov-strengthens-its-india-presence-with-a-new-modern-office-in-pune-302335225.html

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