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Grey Market Labs announces $8M Series A funding led by Capri Ventures to accelerate growth of its Replica Platform – First of its kind “Secure Environment as a Service”

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Replica enables Fortune 100 financial, business and healthcare institutions and Federal agencies such as the US Army and Defense Innovation Unit to securely engage in high risk cyber activities without compromising productivity.

FALLS CHURCH, Va., Nov. 21, 2024 /PRNewswire/ — Grey Market Labs (dba Replica Cyber), a pioneering leader in cybersecurity solutions, proudly announces it has secured $8M in Series A funding led by Capri Ventures, with participation from Blu Ventures and AFG to accelerate adoption of its groundbreaking platform – Replica. This strategic investment will enable the company to advance its mission of delivering Secure Environments-as-a-Service, bringing unparalleled privacy and security in an increasingly vulnerable digital landscape. 

Grey Market Labs proudly announces it has secured $8M in Series A funding led by Capri Ventures.

With this round, Andy Brown, CEO of SandHill East, former CTO of UBS, and current board member of ZScaler and PureStorage, will be joining the Board of Directors as will Dennis Shaya, Partner at Capri Ventures. In addition, Don Duet, Former Head of Technology at Goldman Sachs, and Tim Estes, founder of Angel Kids AI and former CEO at Digital Reasoning, will be joining the advisory board, complementing an already strong team including: Christopher Caine (CEO – Mercator XXI), Gary Cubbage (fmr. EVP – Booz Allen Hamilton), Nick Donofrio (fmr. EVP Innovation – IBM), Todd Helfrich (VP Federal – Censys).

The Replica platform offers Secure Environments-as-a-Service, revolutionizing how organizations protect and enable high risk activities. This includes targeting Russian misinformation campaigns in Ukraine, safe testing of new tech with proprietary data, disrupting financial scams and fraud aimed at seniors, and identifying and mitigating insider threats within organizations, among other scenarios. By integrating patented technology, intelligence tradecraft, and Zero Trust architecture, Replica quickly creates realistic IT environments that encompass hardware, operating systems, applications, networks, and data layers. This innovative solution not only protects user and organizational privacy but also delivers the data, tools and workflows needed for users to be productive in their most sensitive work.

Kristopher Schroeder, CEO of Grey Market Labs, emphasized the significance of this funding round: “Replica is the culmination of over 20 years of experience in embedded tradecraft, intelligence operations, and cutting edge software. Our engineering team, with extensive backgrounds in offensive and defensive cyber warfare, has developed a product that is comprehensive with the protection and efficiency needed for today’s enterprises and their users.” Schroeder goes on to say, “This funding will allow Grey Marketing Labs to accelerate our vision to deliver even more impactful solutions for our customers.”

Capri Ventures, the lead investor in this funding round, expressed their excitement about partnering with Replica. “We are thrilled to support Grey Market Labs in their mission to redefine cybersecurity with the Replica platform,” said Dennis Shaya, Partner with Capri Ventures. “Their innovative approach and deep expertise position them as a frontrunner in the industry, especially financial services, and we believe this partnership will drive significant advancements in digital privacy and security.”

Available as both a SaaS product and a hosted service, Replica enables secure work even in a global ecosystem, while reducing burden on the IT organization. The platform’s flexible architecture supports rapid deployments (noted as some of the fastest in Financial Services), continuous updates, and seamless integration with existing enterprise services, including single-sign-on, proxies, and data governance. Additionally, Replica offers rich audit and reporting functionalities to ensure compliance with regulatory standards and provide the critical observability needed for leadership.

Replica has solved critical problems for major Banks, Health Systems, Global Consulting, and Governments with use cases like: Protected Research (deep/dark web, social, automated collects, OSINT), Isolating Acquired (M&A) tech and activities, Advanced Sandboxing for Malware/Unknown Files, Complex Training Environments, Enabling Fraud/Cyber Investigations, Secure DevOps with Data Controls, Intellectual Property Sharing and Protection, and more.

With this new round of funding, Replica is poised to expand its value to customers, enhance its offerings, and further solidify its position as a leader redefining how to protect and enable high-risk activities.

For more information about Replica, please visit ReplicaCyber.com.

About Grey Market Labs
Founded as Grey Market Labs® (dba Replica Cyber), a Certified B-Corp with the mission to protect life online. Our work protecting the United States from foreign intelligence evolved to the creation of Replica™, the world’s first Secure Environments-as-a-Service platform. This patented SaaS platform simplifies creation of comprehensive hybrid-computing systems, delivering privacy and security while giving control to business users and reducing the burden on IT by 99.73%. We have solved critical problems for major Banks, Health Systems, Global Consulting, and Governments with use cases like: Protected Research (deep/dark web, social, automated collects, OSINT), Isolating Acquired (M&A) tech and activities, Advanced Sandboxing for Malware/Unknown Files, Complex Training Environments, Enabling Fraud/Cyber Investigations, Secure DevOps with Data Controls, and more. For anyone that has tried to build complex, secure systems and platforms – Replica replaces this expensive work with the automation of secure environments.

About Capri Ventures
Capri Ventures is an early stage venture capital firm focused on Enterprise Technology.   The team is composed of former software executives and leaders from Fortune 500 enterprises, bringing significant resources early in a company’s lifecycle to help drive commercialization and market adoption.

About AFG Partners
AFG Partners <https://www.afgvc.com/> is an Asian-based VC fund investing in B2B fintech and enabling tech startups addressing the critical needs of financial institutions and corporates globally, particularly in Asia. A core part of the strategy is to invest and help companies in Europe and the US who are interested in expanding across Asia via our network of LPs and ecosystem partners. Previous investments of the principals include N26, Unit, Blockdaemon, Airbnb, Transferwise, Gocardless and Wefox amongst others.

About Blu Ventures
Blu Ventures, a venture capital firmed based in Washington, DC, provides strategic funding and expert guidance in Seed to Series A companies in cybersecurity, healthtech, and B2B software startups. Blu leverages the deep domain expertise of its partners—all former operators with extensive industry experience—to empower visionary entrepreneurs. Learn more at www.bluventureinvestors.com

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SOURCE Grey Market Labs

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H3C takes a deep dive into the challenges – and opportunities – AI brings

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BEIJING, Nov. 22, 2024 /PRNewswire/ — Nothing carries quite the gravitas of the Nobel Prizes, the five awards that were founded in Switzerland back in 1901 to recognize developments that have been of the “greatest benefit to humankind” in the fields of in physics, chemistry, physiology or medicine, literature, and in the promotion of peace.

These awards have traditionally noted people who have helped alter the course of human history and so it was telling when they were handed out by The Royal Swedish Academy of Sciences at the start of October that, for the first time, the work of people developing Artificial Intelligence was recognized.

This year’s winners in the sections both for physics (John Hopfield and Geoffrey Hianton) and chemistry (David Baker and joint-winners Demis Hassabis and John Jumper) have been expanding the use of AI software into science and their recognition has again shown how far this new technology’s reach has now spread, so quickly.

That’s a conversation that was carried on to GITEX Global 2024 in Dubai from October 14-18 – an event which brands itself as the “biggest tech & startup show in the world” – with the scope of the impact AI is having around the world once again on show.

At the center-point of displays and discussions were the very latest in AI advances as were the issues of where these developments are going to take the world as the digital economy continues to evolve.

On hand in Dubai was Ray Xu, senior vice-president of H3C, as well as president of the Chinese business innovation and digital transformation group’s cloud, compute, and storage product line. Based out of the eastern Chinese tech hub of Hangzhou, H3C officially launched two new H3C UniServer systems in Dubai (R5500 G7 and R5300 G7) – servers which can support more than 70 kinds of AI.

A week later, Xu sat down to reflect on that experience and on how an AI-led digital transformation, and technological innovation, are reshaping our world.

“These AI technologies are changing our lives and present a lot of new opportunities,” said Xu. “That has sparked a lot of imagination about what the future will be. On the other hand, AI applications also face some challenges in areas such as data privacy and algorithm bias. In the end, though, I’m an optimist. I think the opportunities far outweigh the challenges.”

Through its global commercial partnerships, H3C has helped expand AI technology usage across sectors including “AIGC [Artificial Intelligence Generated Content], autonomous driving in the new energy vehicle industry, and data-driven decision-making and personalized services in finance and enterprise sectors, as well as large-scale computing centers established by governments and operators.”

AIGC is one development that has had a major impact on the way work is done all over the globe. Innovations such as ChatGPT are driving new growth across industries as those industries adapt to generative technology and explore ways to expand AI’s uses.

Xu said there were a number of important challenges ahead, including developing the necessary infrastructure to support the power needed to drive this new technology, the development of more efficient power sources and servers, the building of data centers and learning how to deal with issues of privacy when it comes to data.

“At H3C we are committed to partnering with our customers when it comes to dealing with the challenges of business innovation and digital transformation,” said Xu. “With our comprehensive product line, we have solutions for cloud, computing, networking, security, and terminal issues as well as Information and Communication Technologies [ICT] solutions. With these solutions, we help a lot of our customers in their new journey of digital information transformation.”

The development of arithmetic power was another issue Xu identified, especially in terms of the Chinese market.

“I think there are four key challenges,” he said. “The first thing is computing power. We need huge amounts of computing power, so how to scale up this computing power quickly is very important. Second, how to use this arithmetic power efficiently? How to schedule this power is critical. The third challenge is about storage. We need data so how do we make this data transfer very efficiently, very quickly? 

“More computing means more data, more energy. So, how do we leverage this energy more efficiently? Making data centers more green will be the fourth challenge but in order to address these challenges, the first thing we need to do is scale up computing power more quickly.”

H3C has addressed these issues by focusing on “the upgrade and evolution of digital infrastructure to meet the needs of the AI era.” 

The company has also launched “diverse heterogeneous computing platforms for intelligent computing centers, high-performance AI servers, advanced data center network architectures, and AI storage solutions to provide strong, stable, and scalable digital infrastructure support.”

There has also been a focus on a green strategy when it comes to data center design and across the H3C production line, in keeping with the requirements of the industry. This includes such innovations as liquid cooling and box immersion, which are helping drive new growth on a global scale.

Overall, H3C has identified a “multifaceted” approach that has focused on increased investment in and construction of “computing infrastructure to rapidly scale up computing power,” the company said. 

Other focuses include “the development of more efficient and intelligent computing power allocation and data storage technologies to enhance resource utilization and ensure data security and stability”, while the company continues to explore “the promotion of innovation and application of energy-efficient technologies to reduce energy consumption during computing operations.”

That’s why, Xu said, the company is “open to different kinds of vendors.”

“We have the service capability to help customers build their ecosystem in anticipation of AI development, so they can actively embrace them,” he said. “We can always find ways to solve challenges and deliver more and more opportunities, backed by the belief that AI will bring us a bright and a smart future.”

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/h3c-takes-a-deep-dive-into-the-challenges–and-opportunities–ai-brings-302313932.html

SOURCE H3C

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IMMOTION WINS BEST VR AWARD FOR THE GREAT MIGRATION AT WCFF 2024

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MONTERREY, Mexico, Nov. 22, 2024 /PRNewswire/ — IMMOTION, the global leader in immersive edutainment, received the Best Virtual Reality Award at the Wildlife Conservation Film Festival (WCFF) last month for The Great Migration, its groundbreaking 360º VR film experience.

“What their team accomplished with their intricate and non-intrusive camerawork was previously unseen by our judges.”

The WCFF annually awards the best in conservation filmmaking that spotlight global conservation advocacy.

In The Great Migration, IMMOTION immerses viewers into the incredible journey of over 2 million animals traveling between Tanzania’s Serengeti and Kenya’s Maasai Mara reserves as part of an annual phenomenon known as the Great Migration of East Africa. This journey is filled with predators preying on vulnerable herds that instinctually cross the treacherous Mara River each year.

IMMOTION’s team of VR filmmakers, led by Creative Director Ken Musen, captured breathtaking, immersive footage of the migration using custom-built 360º VR cameras within “rock-cams,” “croc-cams,” drones, and hot air balloons.

“We placed special VR cameras in places along the migration’s paths that no one has ever tried before,” said Musen. “The footage we captured was spectacular; for the first time in VR, you can see inside a herd of wildebeest as they struggle across the river or even come face-to-face with a hippo in the Mara.”

When up for consideration, the film’s production quality and craftsmanship were apparent from start to finish.

“After watching The Great Migration, the decision to award IMMOTION was instantly unanimous,” said Mauricio De La Maza, Interim CEO at the WCFF. “What their team accomplished with their intricate and non-intrusive camerawork was previously unseen by our judges.”

This award adds to the acclaim the film has received since debuting at the Association of Zoos and Aqaurium’s Mid-Year conference in March.

“The reaction from our partners and viewers has been astounding,” said Rod Findley, President and CEO of IMMOTION. “We are honored to receive this award from the WCFF as our missions align on advocating for global wildlife conservation education.”

The Great Migration is the most powerful film in IMMOTION’s growing library, including new immersive content slated for next year.

About IMMOTION

IMMOTION offers dynamic, motion-based virtual reality experiences, featuring live-action and animated educational content guided by marine biologists, wildlife experts, and conservation organizations such as the Marine Megafauna Foundation, Bimini Shark Lab, and the Dian Fossey Gorilla Fund. With over 100 locations worldwide and more than 2M unique annual users, IMMOTION helps leading zoos, aquariums, museums, and science centers generate ancillary revenue through award-winning, on-mission immersive attractions while reinforcing the impact of their education and conservation programs.

About WCFF

The Wildlife Conservation Film Festival aims to inform, engage, and inspire audiences about the utmost need and importance of protecting global biodiversity through its annual film festivals in New York, Los Angeles, and Monterrey, Mexico.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/immotion-wins-best-vr-award-for-the-great-migration-at-wcff-2024-302313936.html

SOURCE Immotion

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CCTV+: Embarking on a Renewed Dialogue at Liangzhu Between Global Civilizations–The ‘Liangzhu: A Dialogue across World Civilizations’ Promotional Video and Documentary to Premier

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BEIJING, Nov. 22, 2024 /PRNewswire/ — Exchanges make civilizations colorful, and mutual learning makes them prosper. A documentary on the recently-concluded Portugal and Greece stops of the ‘Belt and Road Initiative’ ‘Liangzhu: A Dialogue across World Civilizations’ cultural exchanges is about to be aired. A representation of cultural exchanges between the land of divine emblems and inscriptions of Liangzhu and the realm of Athena and navigational compasses, it presents Liangzhu culture’s popularity abroad and appreciation by local youth, media outlets, as well as cultural and academic communities.

The documentary, filled with exciting moments at the Events, could serve as a preview to the upcoming second Liangzhu Forum, building up the anticipation for an even more splendid future of human civilization. Also, it features further explorations into the stories and significance behind the Events.

This event was organized by the Information Office of Zhejiang Provincial People’s Government, the Foreign Affairs Office of Zhejiang Provincial People’s Government, and Zhejiang Media Group. It was hosted by the Overseas Center, or ZTV-World, of Zhejiang Media Group and was supported by the Chinese Embassy in Portuga, the Chinese Embassy in Greece, University of Lisbon, Portugal, and Aristotle University of Thessaloniki, Greece, among other institutions.

Video – https://mma.prnewswire.com/media/2565121/2024.mp4

View original content:https://www.prnewswire.co.uk/news-releases/cctv-embarking-on-a-renewed-dialogue-at-liangzhu-between-global-civilizationsthe-liangzhu-a-dialogue-across-world-civilizations-promotional-video-and-documentary-to-premier-302313937.html

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