Technology

Rhombus Expands to Iconic Ice Blocks in Midtown Sacramento

Published

2 months ago

July 18, 2024

SACRAMENTO, Calif., July 18, 2024 /PRNewswire/ — Rhombus, a leader in cloud-managed physical security, is excited to announce its move to an expanded office space at 1610 R Street in the heart of Sacramento’s Midtown. Fueled by new investments and partnerships, the company has expanded its team and now employs more than 175 individuals.

Rhombus is expanding its Sacramento footprint with an additional 30,000 square feet of office space at the Ice Blocks. The Ice Blocks project, developed by Heller Pacific, has successfully transformed a historic section of R Street into a vibrant corridor that blends commerce and culture, making it a must-visit destination in the city.

“We are thrilled to welcome Rhombus to the Ice Blocks,” said Mike Heller, Managing Partner & Developer of Ice Blocks. “The Ice Blocks represents our commitment to progressive, design-focused mixed-use urban projects. We’re excited to see Rhombus become a part of this vision and contribute to the ongoing evolution of Sacramento as a dynamic hub for technology and creativity.”

The new office space offers an ideal environment to foster collaboration, creativity, and a strong team culture. Designed by RMW, the new facility will provide Rhombus with state-of-the-art amenities and an inspiring workspace for its employees.

“Rhombus is an incredible success story for our region. Founded by three visionaries, including a Jesuit High School graduate who returned home to scale their startup, Rhombus has become a key player in our tech ecosystem,” said GSEC President & CEO Barry Broome. Congratulations to the team on this exciting milestone.”

In the past year alone, Rhombus has hit significant new milestones, including:

Securing an additional $26 million in equity investmentsA surge in integration partnerships, including Omnilert, Roboflow, Singlewire’s Informacast, Lumeo, and Pimloc Inc. Regionals has listed Rhombus among the fastest growing companies making an outsized impact across the U.S.

“It’s been exciting to watch the growth and success of Rhombus. The city is proud to have Rhombus choose Sacramento as its home,” said Michael Jasso, Assistant City Manager at the City of Sacramento.

Rhombus is committed to its growth in Sacramento, actively recruiting talented professionals in engineering, sales, and marketing to join their dynamic team. Their success story highlights the city’s potential as a flourishing tech hub, attracting and nurturing the next generation of technology leaders.

About Rhombus

Rhombus is a unified, cloud-based physical security platform that brings security cameras, access control, sensors, alarms, and integrations together under a single pane of glass. Backed by Cota Capital, Caden Capital, Tru Arrow Partners, Lemnos Labs, and Promus Ventures, Rhombus is on a mission to make the world safer with simple, smart, and powerful physical security solutions. To learn more, visit rhombus.com.

About Heller Pacific

Heller Pacific is a dynamic real estate development company driven by a team of passionate dreamers committed to innovation and excellence. With a focus on timeless design and sustainable development, Heller Pacific’s portfolio includes transformative projects like the Elliott Building mixed-use development. As they celebrate past successes, Heller Pacific looks eagerly towards the future, offering a range of services including real estate development, leasing, property management, and construction consulting. To learn more, visit hellerpacific.com.

About the Greater Sacramento Economic Council

The Greater Sacramento Economic Council is the catalyst for innovative growth strategies in the Capital Region of California. The organization spearheads community-led direction to retain, attract, grow and scale tradable sectors, develop advanced industries and create jobs and investment throughout a six-county region. Greater Sacramento represents a collaboration between local and state governments, market leaders, influencers and stakeholders, with the sole mission of driving inclusive economic growth. The Greater Sacramento region was founded on discovery, built on leadership and fueled by innovation.

Contact Information:

Rhombus

GSEC

Sarah Lathe

Jasmine Ward

sarah@rhombus.com

jward@greatersacramento.com

(650) 826-2764

(916) 287-9043

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SOURCE Rhombus

Technology

Cash Industry Stakeholders to Gather in Chicago for the Secure Cash and Transport Association’s Annual Conference

Published

42 mins ago

September 25, 2024

The 2024 SCTA Conference, taking place in Chicago on October 9-11, will host cash industry professionals and feature a keynote address by 29-time Emmy Award winner and Hall of Fame keynote speaker, Bill Stainton.

PURCELLVILLE, Va., Sept. 25, 2024 /PRNewswire-PRWeb/ — The Secure Cash & Transport Association (SCTA), a nonprofit group representing professionals in ATM servicing, cash handling and processing, transportation, and safekeeping of cash and coin throughout North America, is set to welcome nearly 200 attendees to its annual conference in Chicago on October 9-11, 2024. The annual SCTA Conference supports the Secure Cash & Transport Association’s overarching mission to protect, strengthen, and unite the cash-in-transit and cash-servicing industries. This year’s event theme is “Adopting and Adapting to Technology: What’s Next?”

“I believe the next chapter for us all is to focus on building resilience, ensuring that our industry can keep pace with technological advancements and thrive amidst them.”

The conference brings professionals and thought leaders together to review critical trends and issues impacting the cash industry’s safety, security, and overall success. This year’s event features a keynote address by 29-time Emmy Award winner and Hall of Fame keynote speaker, Bill Stainton. Stainton’s address, “Connect the Dots: Innovation in the Cash Service Industry,” will debunk several myths about creativity and innovation and delve into what it means to be a game-changer in the cash industry.

The 2024 SCTA Conference will feature more than a dozen informative sessions delivered by leading experts in cash-in-transit, banking, retail, security, cybersecurity, insurance, and compliance. The full schedule for the event can be found at scta.securetransportassociation.org/agenda.

D. Mark Lowers, President of the Secure Cash and Transport Association, reflects on this year’s focus on innovation, “As leaders, we’ve had to navigate the rapid pace of technological change, integrating new systems and solutions to maintain business continuity and enhance safety and security. This adaptation has sharpened our skills and brought about greater efficiency. However, I believe the next chapter for us all is to focus on building resilience, ensuring that our industry can keep pace with technological advancements and thrive amidst them.”

Details about the event, registration information, and association membership details can be found on the event website at https://scta.securetransportassociation.org.

About the Secure Cash & Transport Association (SCTA)

The Secure Cash & Transport Association (SCTA) is a non-profit association established in 2013 to represent the shared interests of professionals in ATM servicing, cash handling/processing, transportation, and safekeeping of cash and coin throughout North America. Industry groups represented by the association include armored operators, insurance providers, truck builders, financial institutions, ATM cash providers, coin wrappers, security surveys and compliance providers, retailers, and loss adjusters.

Learn more at securetransportassociation.org.

Media Contact

Michael Gaul, Secure Cash & Transport Association, 1 (540) 338-7151, mgaul@securetransportassociation.org, https://www.securetransportassociation.org/

View original content to download multimedia:https://www.prweb.com/releases/cash-industry-stakeholders-to-gather-in-chicago-for-the-secure-cash-and-transport-associations-annual-conference-302258222.html

SOURCE Secure Cash & Transport Association

Technology

PayPal Enables Business Accounts to Buy, Hold and Sell Cryptocurrency

Published

42 mins ago

September 25, 2024

Company also provides the ability for business accounts to externally transfer cryptocurrency

SAN JOSE, Calif., Sept. 25, 2024 /PRNewswire/ — PayPal Holdings, Inc. (NASDAQ: PYPL) announced it is enabling its U.S. merchants to buy, hold and sell cryptocurrency directly from their PayPal business account. At launch, this functionality for Business Accounts will not be available in New York State. Today’s announcement is PayPal’s latest step to increase cryptocurrency‘s utility by making increased functionality available to millions of merchants in the U.S.

“Since we launched the ability for PayPal and Venmo consumers to buy, sell, and hold cryptocurrency in their wallets, we have learned a lot about how they want to use their cryptocurrency,” said Jose Fernandez da Ponte, Senior Vice President of Blockchain, Cryptocurrency, and Digital Currencies, PayPal. “Business owners have increasingly expressed a desire for the same cryptocurrency capabilities available to consumers. We’re excited to meet that demand by delivering this new offering, empowering them to engage with digital currencies effortlessly.”

Additionally, PayPal is enabling U.S. merchants to externally transfer cryptocurrency on chain to third-party eligible wallets. PayPal business account holders can now send and receive supported cryptocurrency tokens to and from external blockchain addresses.

PayPal has continuously made significant steps to increase cryptocurrency‘s utilization. In 2020, PayPal announced the availability of its customers to buy, hold and sell cryptocurrency directly from their PayPal and Venmo accounts. In 2023, PayPal announced the launch of a U.S. dollar-denominated stablecoin, PayPal USD (PYUSD). In April 2024, we enabled PYUSD as a funding instrument for our Xoom platform, allowing users to pay no transaction fees when using PYUSD to fund eligible transfers to friends and family abroad. Most recently, PYUSD was made available on the Solana blockchain, providing users with the choice of multiple blockchains allowing for increased flexibility and control.

About PYUSD

PayPal USD is issued by Paxos Trust Company, a fully chartered limited purpose trust company. Paxos and its products – including expansion to new blockchains – are licensed to engage in Virtual Currency Business Activity by the New York State Department of Financial Services. Reserves for PayPal USD are fully backed by U.S. dollar deposits, U.S. Treasuries and similar cash equivalents, and PayPal USD can be bought or sold through PayPal and Venmo at a rate of $1.00 per PayPal USD.

Issuance and custody of PayPal USD is performed by Paxos Trust Company, LLC. Learn more in PayPal’s Cryptocurrency Terms, and in the Paxos Terms that also apply to PYUSD.

About PayPal

PayPal has been revolutionizing commerce globally for more than 25 years. The company creates innovative experiences that make moving money, selling, and shopping simple, personalized, and secure. PayPal empowers consumers and businesses in approximately 200 markets to join and thrive in the global economy. For more information, visit https://www.paypal.com, https://about.pypl.com/ and https://investor.pypl.com/.

Media Relations Contacts:
Nicole Cutler
mediarelations@paypal.com

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SOURCE PayPal Holdings, Inc.

Technology

KIWI design Unveils Made For Meta Products at Meta Connect 2024

Published

42 mins ago

September 25, 2024

MENLO PARK, Calif., Sept. 26, 2024 /PRNewswire/ — KIWI Design, a leading innovator in high-quality XR accessories, has successfully added two products to the “Made For Meta” program since 2023. In 2024, KIWI design was invited to participate in the Meta Connect event, where they presented three new “Made For Meta” products. These innovations come equipped with significant upgrades designed to enhance the immersive experience for XR enthusiasts. According to their official social media announcements, more products will be released in Q4.

With the introduction of the Made For Meta line, KIWI design continues to set the standard in the XR accessory market. Each product is designed with user feedback in mind, ensuring that every detail contributes to a more enjoyable and engaging XR experience.

“Our goal is to provide XR lovers with the most immersive experience.” stated Ray, CEO of KIWI design. “We are thrilled to introduce these new products, which embody our unwavering commitment to quality and innovation.”

Since its inception, KIWI design has built a reputation for crafting user-friendly and reliable XR accessories that are widely appreciated by consumers. This announcement features upgrades to their flagship products, promising a more comfortable and enjoyable experience for users.

As KIWI design moves forward, the company remains dedicated to its mission: “Pioneering Comfort and Immersion in Every XR Moment.” The unveiling of these new products at Meta Connect represents a significant step towards this goal, and the company is excited to continue innovating for the XR community.

For more information about KIWI design, please visit official website and follow KIWI design on Facebook, Instagram, X, YouTube and TikTok.

https://www.kiwidesign.com/

https://www.facebook.com/KIWIdesignOfficial

https://www.instagram.com/kiwidesignins/

https://x.com/KIWIdesign_shop

https://www.youtube.com/channel/UCOzFWarIschBuBfNz01Oucw

https://www.tiktok.com/@kiwidesign_official

SOURCE KIWI design