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Arrowroot Capital Announces Successful Exit from Protecht Following Strategic Growth and Expansion

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MIAMI, March 26, 2025 /PRNewswire/ — Arrowroot Capital Management, a leading private equity firm specializing in growth-stage software investments, today announces the successful exit of its investment in Protecht following the company’s US$280 million growth investment by PSG. Arrowroot Capital’s US$30 million minority investment played a pivotal role in accelerating Protecht’s expansion into the U.S. market, strengthening its leadership team, and supporting key financial initiatives.

Since its investment, Arrowroot Capital has worked closely with Protecht to drive strategic growth, including hiring and building out the U.S. team, facilitating expansion efforts, and supporting a debt capital raise to fuel the company’s next stage of growth. Through this partnership, Protecht successfully executed a three-year strategic plan, positioning the company for its next phase of development under PSG.

“Our journey into the U.S. market would not have been possible without the trust that Arrowroot Capital placed in us,” said David Bergmark, CEO of Protecht. “Their minority investment wasn’t just financial – it was a vote of confidence in our potential and a catalyst for transformation in both our product offering and global expansion. Ultimately, our growth, metrics, and ability to hit our targets under a mutually agreed three-year plan were recognized by PSG as we went to market for our next growth investment. Thank you, Matthew Safaii and team, we owe you our deepest gratitude.”

Jason Phillips, COO of Protecht, added, “We are deeply grateful for the unwavering support and strategic partnership provided by Arrowroot Capital during our early stages of growth. Arrowroot’s belief in our vision and their investment in our people were instrumental to our growth and success. As we embark on this new chapter with PSG, we reflect on the invaluable contributions Arrowroot made to our journey. Thank you for being a cornerstone of our success.”

Matthew Safaii, Founder and Managing Partner at Arrowroot Capital, commented, “We originally met Protecht at an inflection point of global-expansion, we felt the energy from their team and conviction in their customer-centric mission. Arrowroot was extremely excited to partner with the team and strategically support global expansion and hiring. This transaction further reinforces Arrowroot’s ability to support companies in the APAC region with a specific focus on taking their product internationally. We’re very excited for this next chapter of Protecht and will continue to cheer the team on.”

About Arrowroot Capital

Arrowroot Capital (“Arrowroot”) is a global growth capital solutions firm utilizing equity and debt to invest in leading software companies as they scale. We invest $5 million to $100 million per company and partner with management teams right at the inflection point of growth. Arrowroot Capital has over a decade of experience with offices in Miami, FL and Los Angeles, CA. For more information, visit www.arrowrootcapital.com.

About Protecht

Protecht is a leading provider of risk management solutions, helping businesses navigate and mitigate risk in an increasingly complex global landscape. With a strong presence in multiple markets, Protecht’s innovative technology enables organizations to enhance compliance, improve operational efficiency, and drive strategic decision-making. Learn more at www.protechtgroup.com.

View original content:https://www.prnewswire.com/news-releases/arrowroot-capital-announces-successful-exit-from-protecht-following-strategic-growth-and-expansion-302412407.html

SOURCE Arrowroot Capital Management, LLC

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XCMG Champions “Solid Innovation for a Green Tomorrow” at 7th International Customer Festival

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XUZHOU, China, May 28, 2025 /PRNewswire/ — Xuzhou Construction Machinery Group Co., Ltd. – On May 20, the 7th XCMG International Customer Festival (hereinafter referred to as ICF 7) was officially launched under the theme “Solid Innovation for a Green Tomorrow,” reaffirming its commitment to sustainable development. Over 2,000 customers from more than 80 countries came to Xuzhou to witness cutting-edge innovations and explore future-ready solutions for a greener, smarter, and more connected world.

At the opening ceremony, Mr. Yang Dongsheng, Chairman of XCMG Machinery, extended his gratitude and respect to global partners. Quoting an ancient saying, “Those who share the same aspiration are never far apart,” he emphasized that every breakthrough in XCMG’s globalization journey is built on the trust, wisdom, and contributions of its international customers, highlighting a shared chapter of growth and success.

As the construction industry faces mounting pressure to address climate change, XCMG has placed sustainable principles at the core of its strategy—leading the transition toward intelligent, low-carbon, and environmentally responsible equipment. This year’s ICF 7 showcased XCMG’s full-spectrum green solutions, including electric machines for all product lines and intelligent systems, designed to enhance energy efficiency, reduce emissions, and optimize productivity.

A highlight of the ceremony was Mr. Yang delivering six golden keys to global customer representatives, marking the mass delivery of high-end and eco-friendly machinery. Customers praised the equipment as “solutions, not just machines,” tailored to meet the evolving demands of smart and sustainable construction.

ICF 7 also witnessed a record-breaking volume of signed orders, with total intended contract values nearing USD 800 million—an all-time high for XCMG’s International Customer Festival. Orders covered a broad spectrum of advanced equipment, including cranes, earthmoving machinery, mining machines, road construction vehicles, and aerial work platforms, all reflecting integrated, intelligent, and eco-friendly solutions.

Beyond economic impact, ICF 7 emphasized knowledge-sharing, with demonstrations of integrated smart and green solutions, intelligent control systems, and full lifecycle service technologies. XCMG continues to invest in R&D, global partnerships, and green manufacturing to help clients reduce their carbon footprint while achieving operational excellence.

Over 2,000 overseas customers traveled far to Xuzhou, taking home more than equipment — they gained renewed confidence in “Made in China, Made in XCMG”. As a trusted partner in the global construction machinery industry, XCMG remains committed to driving technological transformation and sustainable growth through its core focus on innovation and green development.

View original content:https://www.prnewswire.com/news-releases/xcmg-champions-solid-innovation-for-a-green-tomorrow-at-7th-international-customer-festival-302466752.html

SOURCE Xuzhou Construction Machinery Group Co., Ltd.

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JOYNEXT’s First Child Presence Detection Product Begins Delivery and Application in the Market

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NINGBO, China, May 28, 2025 /PRNewswire/ — JOYNEXT’s first CPD (Child Presence Detection) product based on UWB technology, is now being delivered to the market. This product will be installed in vehicle models of a renowned Japanese joint venture brand, offering users enhanced child safety in vehicles. Notably, it is among the first mass-produced products in China to meet the direct detection requirements for CPD specified by C-NCAP, based on UWB technology.

Rapid Realization of Mass-Production-Ready Products
UWB technology, known for its high precision, strong anti-interference capabilities, and high penetration, is increasingly being applied in the automotive industry as the technology matures. In collaboration with strategic partner UbiTraq Technology, Co., Ltd, JOYNEXT adopted the advanced UWB-CPD algorithm to achieve functions such as monitoring, warning, and active intervention for both the front and rear rows of the vehicle and has rapidly transition from product concept to mass production. This solution can directly detect living beings, ensuring accurate detection even when covered by a blanket or in footwell blind spots, while avoiding interference from other objects to prevent false detections. The integrated software-hardware solution enhances reliability while reducing product complexity and management costs.

A New Chapter in Safe Travel with High Standards
JOYNEXT excels in smart manufacturing, backed by extensive experience and robust capabilities. With one-stop automated production, we ensure the reliability and stability of every product. Adhering to high standards and a global quality system, we implement rigorous automated testing and verification at every stage—from raw material procurement to final product delivery—to guarantee that each product meets market standards and customer requirements.

Complying with Global Regulatory Standards
The CPD product, based on UWB technology, is not only a technological breakthrough but also a response to global market regulatory requirements. It enables monitoring subtle bodily functions such as breathing and heartbeat effectively, complying with N-CAP certifications across major markets worldwide. Additionally, JOYNEXT actively participates in the development of CPD regulatory standards. Through close collaboration with industry experts, we are dedicated to advancing travel safety regulations and raising awareness of child passenger safety.

The mass production and delivery of our CPD product mark a significant milestone in our development of the field of body and safety technology. We will continue to innovate, delivering advanced products and solutions to more customers and contributing to a safer future for all travelers.

About JOYNEXT

JOYNEXT is the Automotive Connectivity BU of JOYSON ELECTRONICS. With over two decades of experience as a Tier-1 supplier to the world’s top automotive makers, we have established and maintained long-term partnerships with leading automotive brands, such as VOLKSWAGEN, BMW, Audi, and NIO. We continue to provide OEMs and users with personalized product solutions in the areas of intelligent cockpit, smart connectivity, autonomous driving, software solutions and software engineering services.

Based on considering both innovation and sustainable development, JOYNEXT actively worked with a number of ecological partners such as HUAWEI, Qualcomm, Horizon Robotics, Black Sesame Technologies, ORITEK, QNX, Elektrobit, Microsoft, Brose, and Autobrains to jointly promote the transformation of the intelligent automobile industry and continue to shape the mode of travel for generations.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/joynexts-first-child-presence-detection-product-begins-delivery-and-application-in-the-market-302466758.html

SOURCE JOYNEXT

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D-Link Unveils the New DBR Router & Access Point

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Empowering Secure, Seamless Connectivity for Small Businesses

TAIPEI, May 28, 2025 /PRNewswire/ — D-Link Corporation (TWSE: 2332), a global leader in networking solutions, is pleased to announce the launch of its latest DBR Series, which includes the DBR-600-P and DBR-700 business routers, as well as the DBR-X3000-AP smart access point. This new series delivers powerful, secure, and easy-to-manage networking tailored specifically for small business environments such as startups, retail shops, satellite offices, and educational facilities with fewer than 100 users.

With the growing demands of hybrid work and decentralized operations, many small businesses face challenges in establishing a stable and secure network without dedicated IT resources. The DBR Series addresses these challenges by offering streamlined deployment, reliable performance, and centralized management. Each product in the series embodies D-Link’s unwavering commitment to high-quality, Made-in-Taiwan craftsmanship, which stands for trusted engineering, meticulous manufacturing, and product reliability. This quality standard reflects Taiwan’s globally respected technology ecosystem and reinforces the durability and integrity of the DBR series.

DBR-600-P & DBR-700: Smart Routing with Enterprise-Level Reliability
Equipped with 2.5G WAN/LAN interfaces and robust processors, both DBR-600-P and DBR-700 offer high-throughput, low-latency connections for performance-driven environments. With up to three WAN ports, they provide automatic failover and intelligent load balancing to ensure uninterrupted operations, even during network disruptions. These features allow small businesses to maintain business continuity and optimal bandwidth usage without complexity. The DBR-600-P supports PoE on all LAN ports with a total power budget of up to 123W, enabling direct connection of devices like IP cameras or wireless APs, simplifying deployment while reducing infrastructure cost. The DBR-700 features a fiber port, making it ideal for long-distance connectivity needs such as linking remote areas in hotels or parking lots, ensuring signal strength without the need for additional equipment.

Security and remote access are core to the DBR series design. With built-in VPN support for multiple protocols, these routers offer secure, encrypted remote connectivity across devices and branch locations. Whether enabling hybrid work or interconnecting multiple sites, the DBR series ensures business data stays safe and accessible. Additional enterprise-grade security features, including an SPI firewall, IPS (Intrusion Prevention System), and URL filtering, enhance network protection and user productivity. Integrated wireless controller capabilities and a user-friendly web interface allow for centralized management of multiple access points, providing real-time visibility and simplified configuration.

DBR-X3000-AP: Next-Level Wireless Coverage and Simplicity
As a seamless extension to the DBR routers, the DBR-X3000-AP features Wi-Fi 6 dual-band connectivity, delivering faster speeds, lower latency, and enhanced device handling in high-density environments. With Wi-Fi Mesh support and fast roaming, it ensures consistent coverage and smooth transitions between access points that are ideal for collaborative spaces and mobile workers.

Installation is flexible with PoE support and mounting options for both ceilings and walls, optimizing deployment in various commercial or institutional settings. Security remains a top priority, with WPA3 Personal/Enterprise encryption and Guest Wi-Fi isolation, allowing administrators to separate visitor traffic from sensitive internal data with ease. When paired with DBR routers, the access point supports centralized authentication and dashboard-based monitoring, ensuring end-to-end control and visibility.

Comprehensive and Scalable Networking for the Modern Small Business
Together, the DBR-600-P, DBR-700, and DBR-X3000-AP deliver a comprehensive solution that combines high performance, advanced security, and simplified management. This versatile lineup is ideal for small and medium-sized businesses, including retail operations, hospitality venues, classrooms, and satellite offices. Built with scalability in mind, these products are engineered to grow with the evolving needs of today’s connected business environments.

As a trusted pioneer in networking for over three decades, D-Link continues to uphold its brand commitment to “Made in Taiwan” quality, creative innovation, solution-oriented design, one-stop service, and sustainable development. Through the new DBR Series, D-Link reaffirms its brand spirit of “One Connection • Infinite Possibilities” and remains dedicated to delivering intelligent connectivity that empowers businesses to operate securely, efficiently, and without limits.

The DBR series is now available through D-Link’s global network of authorized distributors and resellers. For more information about the DBR series, please visit www.dlink.com or contact your local D-Link representative.

DBR-600-P

1 x 2.5GE WAN8 x 2.5GE PoE+ LAN (1 x WAN/LAN)PoE power budget up to 123W1 x USB Port as WAN backupAP Management: up to 10 Smart Access Points (DBR-X3000-AP)

DBR-700

1 x 2.5GE WAN7 x 2.5GE LAN (1 x WAN/LAN)1 x 2.5GE SFP WAN/LANAP Management: up to 15 Smart Access Points (DBR-X3000-AP)

DBR-X3000-AP

Wi-Fi 6 AX3000, up to 3.0 Gbps2.4GHz/5GHz concurrent dual band1 x GE PoE LANUp to 7 SSIDsCentral management by the DBR series router

About D-Link 
D-Link, a renowned global brand and leader in the networking industry, was established in 1987 in Taiwan. With operations in 90 locations across 43 countries, D-Link provides networking solutions for individuals, homes, businesses, and industries, including a comprehensive range of industry-leading network solutions and AI-driven cloud management services. Find out more about D-Link at www.dlink.com

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SOURCE D-Link

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