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TrustLogix Completes Funding Round to Bolster AI-Powered Data Security Capabilities

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TrustLogix, a leading provider of AI-powered data security platforms, today announced the successful completion of its latest funding round aimed at enhancing its AI feature capabilities.

MOUNTAIN VIEW, Calif., Jan. 28, 2025 /PRNewswire-PRWeb/ — TrustLogix, a leading provider of AI-powered data security platforms, today announced the successful completion of its latest funding round aimed at enhancing its AI feature capabilities. The Series Seed-2 round, led by new investor Westwave Capital, with participation from co-lead Alter Venture Partners, The Hive, and existing investor Norwest Venture Partners, brings the total investment raised by the company to $13 million. This funding strengthens TrustLogix’s position as an innovator in the Data Security Platform (DSP) category and further fuels the expansion of its AI technologies to automate policy-based access controls and data security posture management.

“TrustLogix enables us to implement policy-based granular access controls to meet the challenges of global data security and governance head-on without compromising data accessibility or performance,” stated Bhaskar Mulugu, Head of Data Engineering and Enterprise Architecture at Vialto Partners.

“From inception, we engineered TrustLogix for enterprise scale. Witnessing our platform securing access control for hundreds of thousands of users across all leading data platforms with over 50 exabytes of data is a testament to our design,” said Ganesh Kirti, CEO & Founder of TrustLogix, Inc. “This funding allows us to refine our industry-leading AI features further, support additional data platforms, and enhance our sales capabilities well into the future.”

This funding round drives the growth of pivotal TrustLogix customers like Vialto Partners. “Navigating the complex world of global data security and governance is a constant challenge, especially when handling sensitive information in highly regulated services,” stated Bhaskar Mulugu, Vice President, Head of Data Engineering and Enterprise Architecture at Vialto Partners. “TrustLogix’s Data Security Platform is a game-changer. It enables us to implement policy-based granular access controls to meet these challenges head-on without compromising data accessibility or performance.”

TrustLogix is rapidly emerging as a leader in data security, earning high praise from top industry analysts for its innovative and scalable solutions. Kuppinger Cole published an independent report on the Data Security Platforms market which highlighted TrustLogix as an Innovation Leader. Gartner also named TrustLogix a representative vendor in its Market Guide for Data Security Platforms, 2024, highlighting the company’s strength in delivering secure data access across multiple clouds. This industry recognition highlights TrustLogix’s commitment to delivering market-defining data security solutions for today’s complex business environment.

TrustLogix leverages a high-performance, AI-powered architecture to safeguard sensitive data with a non-invasive approach. This ensures robust cloud-native security without compromising performance or impacting existing workflows. TrustLogix’s growing partnerships with major cloud data providers amplify these benefits, delivering unparalleled productivity gains and proactive risk identification for data owners and security leaders.

“Building enterprise-grade software that scales to the complex data and security requirements of Global 500 businesses is a formidable challenge for startups,” said Warren Weiss, Managing Director at Westwave Capital. “TrustLogix stood out as an essential investment due to its unique architecture and the diversity of its enterprise customer base adapting to complex enterprise environments.”

“We’ve been with TrustLogix since day one, and the team has consistently addressed complex enterprise data security challenges across multiple platforms,” said Promod Haque, General Partner at Norwest Venture Partners. “We’re thrilled to continue supporting their mission to tackle AI data security challenges on a global scale.”

About TrustLogix

TrustLogix’s cloud-native Data Security Platform provides central policy administration for data access and enforces fine-grained access controls at the storage layer. Security teams get proactive visibility into data risks and remediate them immediately while data owners implement access controls and share data with business users quickly and securely. TrustLogix secures data in Snowflake, Databricks, SQLServer, Oracle, AWS-S3, and many other data platforms.

For more information about TrustLogix, visit the TrustLogix booth at the Gartner Data and Analytics Summit 2025, visit www.trustlogix.io, and join the TrustLogix conversation on LinkedIn.

Media Contact

Rebecca Skubish, TrustLogix, 1 6189797682, rskubish@trustlogix.io, www.trustlogix.io

View original content:https://www.prweb.com/releases/trustlogix-completes-funding-round-to-bolster-ai-powered-data-security-capabilities-302361913.html

SOURCE TrustLogix

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Procurement Partners Appoints Healthcare SaaS Veteran Adam Laskey as CEO to Drive Innovation and Growth

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BLOOMINGTON, Ill., Feb. 12, 2025 /PRNewswire/ — Procurement Partners, a leading provider of spend management and procure-to-pay technologies for healthcare organizations, announced it has appointed Adam Laskey, a leader in healthcare SaaS, as its new Chief Executive Officer (“CEO”) to accelerate innovation and market growth.

With over 20 years in healthcare technology leadership, Laskey has a track record of delivering innovative solutions that enhance operational efficiency and improve customer outcomes. He has successfully led high-growth teams, streamlined acquisitions to create more integrated customer experiences, and expanded access to scalable, cost-saving technologies that drive measurable impact for healthcare organizations.

Most recently, Laskey served as General Manager of EverHealth at EverCommerce, where he led efforts to unify a diverse healthcare software portfolio, making it easier for providers to deliver seamless, high-quality care.

Prior to EverCommerce, Laskey spent nearly 20 years at Cerner Corporation (now Oracle), where he led an integral business unit specializing in Behavioral Health and Long-Term and Post-Acute Care (“LTPAC”). He also launched development modernization initiatives, leading to Cerner’s Behavioral Health solution being named “Best in KLAS” for two consecutive years.

“Procurement Partners is at a pivotal moment in reshaping how healthcare organizations manage procurement and spending,” said Adam Laskey, CEO of Procurement Partners. “I’m excited to leverage my experience in scaling healthcare SaaS businesses to further enhance our platform, deepen customer impact, and drive the next wave of innovation for our customers and partners.”

John Caselli, Partner at Serent Capital, commented, “Adam brings an exceptional combination of healthcare domain expertise, strategic leadership, and operational execution. His experience in transforming product portfolios, integrating acquisitions, and driving customer success makes him the right leader to guide Procurement Partners into its next phase of growth.”

In addition to Laskey’s appointment, Perry Turbes has been named Executive Chairman of Procurement Partners. Turbes, a seasoned executive with a track record of leading and scaling enterprise software businesses, will provide strategic guidance and operational oversight to support the company’s growth trajectory.

To learn more about Procurement Partners, click here.

About Procurement Partners
Procurement Partners is a leading provider of spend management and procure-to-pay technologies that enable healthcare organizations to streamline procurements, enhance operational efficiency, spend smarter, and focus on patient care. The company’s comprehensive platform connects over 10,000 unique locations and hundreds of integrated providers and vendors, automating tasks related to contracting, purchasing, inventory management, invoice reviews, and payments. Procurement Partners processes over $4 billion in transactions annually. For more information, visit procurementpartners.com.

Contact:
Jennifer Schultz
2625270329
390156@email4pr.com

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SOURCE Procurement Partners

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Trepp Unveils AI-Powered Search, Expanding its Capabilities to Enhance Commercial Real Estate Business

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Trepp announced today the launch of new artificial intelligence (AI) tools, including AI search, a powerful feature designed to enhance how professionals navigate and extract insights from TreppCRE.

NEW YORK, Feb. 12, 2025 /PRNewswire-PRWeb/ — Trepp, a leading provider of data, insights, and technology solutions to the structured finance, commercial real estate (CRE), and banking markets, announced today the launch of new artificial intelligence (AI) tools, including AI search, a powerful feature designed to enhance how professionals navigate and extract insights from TreppCRE.

“Trepp has long been the industry’s trusted source for market intelligence, and with AI Search, we’re taking the next step in making our data more accessible and actionable,” said Michael Holtzman, Chief Technology Officer at Trepp.

Trepp’s AI Search uses a proprietary generative AI (GenAI)-based model to allow users to ask complex, natural-language questions and instantly retrieve relevant commercial property, loan, and financial data. This enhancement simplifies the search process, making it faster and more intuitive for CRE professionals to find assets that match their investment or lending criteria.

“Trepp has long been the industry’s trusted source for market intelligence, and with AI Search, we’re taking the next step in making our data more accessible and actionable,” said Michael Holtzman, Chief Technology Officer at Trepp. “By integrating GenAI technology and machine learning, we are transforming the way our clients interact with our data – enhancing their efficiency and allowing them to access new opportunities, faster.”

AI Search is just one of several next-generation AI tools Trepp has introduced to strengthen market analysis capabilities for CRE professionals. Alongside AI Search, Trepp has also developed:

AI-Powered Market Summary Chatbot – Quickly generates insights into any CRE market of interest.Hand-Selected Sales Comps – Unlocks AI-driven property comparisons tailored to specific investment needs.Income & Expense Comps – Allows for benchmarking of asset performance with AI-informed expense and revenue data.Financial Proforma Modeling – Creates detailed financial projections by using advanced AI models to leverage rapid comps, property size and age, demographics, and location data.

“The evolution of AI in CRE is accelerating, and Trepp is at the forefront of delivering tools that drive smarter decision-making,” said Lonnie Hendry, Chief Product Officer at Trepp. “These enhancements reflect our broader mission to blend Trepp’s trusted data with state-of-the-art technology, to give our clients access to the tools they need to more effectively navigate today’s real estate marketplace.”

For more information on Trepp’s AI solutions and to experience AI Search firsthand, visit http://www.trepp.com or request a demo here.

About Trepp
Trepp, founded in 1979, is the leading provider of data, insights, and technology solutions to the structured finance, commercial real estate, and banking markets. Trepp provides primary and secondary market participants with the solutions and analytics they need to increase operational efficiencies, information transparency, and investment performance. From its offices in New York, Dallas, and London, Trepp serves its clients with products and services to support trading, research, risk management, surveillance, and portfolio management. Trepp subsidiary, Commercial Real Estate Direct, is a daily news source covering the commercial real estate capital markets. Trepp is wholly owned by Daily Mail and General Trust (DMGT).

Media Contact

Ennys Soydas, Trepp, Inc., 212-754-1010, press@trepp.com, www.trepp.com

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SOURCE Trepp, Inc.

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Natixis Corporate & Investment Banking Fortifies Global Markets Team in the Americas with Strategic Hires

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NEW YORK, Feb. 12, 2025 /PRNewswire/ — Natixis Corporate & Investment Banking (Natixis CIB) today announced the appointments of Zach Rose, Matthew Pewarski, and Nate White in key leadership positions within the firm’s Global Markets Americas team. The strategic hires underpin Natixis CIB’s investment in its Global Markets franchise in the Americas, particularly its Macro business, with a focus on expanding its presence with Insurance companies, Financial Sponsors, Asset Managers, and Banks. They will be based in New York. Zach Rose will run the Macro Sales team in the Americas and report locally to Emmanuel Issanchou, Natixis CIB Head of Global Markets Americas and Global Head of Credit Markets and globally to Elie Bitton, Natixis CIB Global Head of Sales and Structuring. 

Emmanuel Issanchou, Head of Global Markets Americas and Global Head of Credit Markets at Natixis CIB, said: “We are delighted to welcome Zach, Matthew, and Nate to our Global Markets team. With their impressive track records and deep expertise, they will be instrumental in helping us meet our ambition to scale our platform and deepen client outreach.”

Elie Bitton, Global Head of Sales and Structuring at Natixis CIB, said: “The addition of Zach, Matthew, and Nate dovetails perfectly with our strategic vision to drive our global Macro business forward across Insurances, Pensions, Banks, Asset Managers, and Sponsors, enhance our capabilities, and deliver expertise to our clients in an ever-evolving market landscape.”

Zach Rose will serve as Managing Director, Head of Macro Sales Americas, bringing more than 20 years of industry experience to the role. He will be responsible for driving sales strategies, leading and managing a team of sales professionals, and ensuring the profitability and growth of Natixis CIB’s rates, currencies and commodities sales business in the Americas. He will report locally to Emmanuel Issanchou, Natixis CIB Head of Global Markets Americas and Global Head of Credit Markets, and globally to Elie Bitton, Natixis CIB Global Head of Sales and Structuring.

Before joining Natixis, Zach was Head of Macro Sales at Mizuho in New York, where he also served as Head of Rate Sales and in the Institutional Derivatives Sales group. Before that, he spent over nine years at Credit Suisse as a Managing Director in Interest Rate Sales.

Matthew Pewarski will serve as Managing Director, Head of Financial Sponsors & Corporate Sales Americas, Macro Group, where he will lead efforts to drive new business and expand relationships with Financial Sponsors and Corporates across the Americas. He will report locally to Zach Rose and globally to Paul Eterstein and David Sciolette, Global Co-Heads of Rates & FX Corporates, Sponsors, and SSA Sales.

Matthew joins Natixis from BNP Paribas in New York, where he was most recently Head of Financial Sponsor & Infrastructure Sales, leading a global markets solutions sales team focused on advising corporate and private equity clients on forex, interest rate, and commodity risk management needs. Before BNP Paribas, he worked at Mizuho, Wells Fargo, and Citi.

Nate White will serve as Managing Director, Rate Sales. He will be responsible for expanding Natixis CIB’s rates business with US regional banks and insurance companies, in addition to promoting our capabilities in trading and research and advising clients on customized derivatives strategies. He will also report to Zach Rose.

Nate has extensive experience in fixed income and interest rate derivative sales. He joins from Mizuho where he was a Managing Director in Interest Rate Derivative Sales. Before Mizuho, he spent more than seven years in Fixed Income Sales at Credit Suisse.

About Natixis Corporate & Investment Banking
Natixis Corporate & Investment Banking is a leading global financial institution that provides advisory, investment banking, financing, corporate banking and capital markets services to corporations, financial institutions, financial sponsors and sovereign and supranational organizations worldwide.

Our teams of experts in about 30 countries advise clients on their strategic development, helping them to grow and transform their businesses, and maximize their positive impact. Natixis CIB is committed to aligning its financing portfolio with a carbon neutrality path by 2050 while helping its clients reduce the environmental impact of their business.

As part of Groupe BPCE, the second largest banking group in France through the Banque Populaire and Caisse d’Epargne retail networks, Natixis CIB benefits from the Group’s financial strength and solid financial ratings (Standard & Poor’s: A+, Moody’s: A1, Fitch: A+, R&I: A+).

Press contacts:
Tara Flanagan, Prosek Partners
Tel: +1 646 818 9022
tflanagan@prosek.com

cib.natixis.com 

https://www.linkedin.com/company/natixis
https://www.youtube.com/user/Natixisvideos
https://podcast.ausha.co/green-momentum

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SOURCE Natixis

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