JazzHR Launches Marketplace To Expand Customers' Human Resources Capabilities

PITTSBURGH, Sept. 5, 2019 /PRNewswire/ -- JazzHR, the leading recruiting software provider for small and medium-sized businesses, today announced the release of the JazzHR Marketplacedesigned to help SMBs find and connect with JazzHR's network of 200+ service and technology partners. Available now, the Marketplace presents industry-leading solutions that empower teams to streamline HR processes tailored to their unique business needs.

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JazzHR Again Named To Inc. 5000 List Of Fastest Growing Companies In America

NEW YORK, August 14, 2019 /PRNewswire/ -- Inc. magazine today revealed that JazzHR has once again been named to its annual Inc. 5000 list, the ranking of the nation's fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy's most dynamic segment—its independent small businesses. Microsoft, Dell, Domino's Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.

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Securonix Announces Network Traffic Analysis Product Offering

Addison, TX—July 31, 2019—Securonix, Inc., a leader in next-gen SIEM, today announced the launch of its network traffic analysis (NTA) product that will provide bundled Corelight network sensors and use case content. Securonix NTA will be an integral part of the Securonix SIEM product, enabling customers to deploy a single solution that correlates network traffic, security events, and entity context to detect and respond to the most advanced insider and cyber threats.

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JazzHR Partners With Wonderlic - Pre-employment Testing Provider

PITTSBURGH, July 10, 2019 /PRNewswire/ -- JazzHR, the leading recruiting software provider for small and medium-sized businesses, today announced an integrated partnership with candidate-assessment provider Wonderlic to enable companies make more informed hiring decisions. JazzHR users can now view results from Wonderlic's scientifically backed "Wonscore®" tests right from JazzHR - empowering them to compare candidates, predict engagement and accelerate time-to-hire.

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Job.com and JazzHR Partner to Accelerate Time to Hire with Candidate-Matching Technology

AUSTIN, Texas, June 17, 2019 /PRNewswire/ -- Job.com, the leading rewards-based, job-matching platform, today announced a new strategic partnership with JazzHR, the leading recruiting solution for small businesses. The collaboration combines JazzHR's robust hiring solution with Job.com's sophisticated AI-powered technology, giving JazzHR users access to Job.com's  platform.

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Chewy founder Ryan Cohen on its fast-approaching IPO: ‘It’s like seeing my baby graduate’

Read the full article here.

Ask any venture capitalist about the most important ingredient to success in startups, and they’ll tell you it’s founders who can persuade not only investors to part with their capital but, more importantly, who can convince people to leave what are often more stable jobs in order to help build their companies.

Ryan Cohen certainly fits the description. It goes a long way in explaining why Chewy, the online retailer of pet supplies that he co-founded in 2011, sold to PetSmart for a reported $3.35 billion in 2017 — and why it’s also expected to stage a successful IPO this Friday, when PetSmart spins it off (though PetSmart will continue to hold a majority stake in the company). Just today, the expected IPO price range, originally planned at between $17 and $19 per share, was raised to $19 to $21 per share, with the IPO advisory firm IPO Boutique saying the guidance it has received is that the deal is “multiple times oversubscribed.”

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Recycle Track Systems Names Bob Farrell, Executive Chairman of GlobalTranz, to Board

New York, New York (May 2, 2019) – Recycle Track Systems (RTS), a technology-driven waste and recycling management company, announced it has added significant transportation and logistics expertise to its Board of Directors with the appointment of Bob Farrell, Executive Chairman of GlobalTranz, a technology company providing award-winning cloud-based multi-modal Transportation Management System (TMS) products to shippers, carriers, 3PLs and brokers.

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Securonix Selected as SC Media Europe 2019 ‘Best SIEM Solution’ Award Finalist

LONDON, UK – April 2, 2019 – Securonix, the market leader in next-generation security information and event management (SIEM), has been recognised as a Award finalist in the ‘Best SIEM Solution’ category for the 2019 SC Awards Europe.

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Recycle Track Systems Selected as New Waste Manager in La Porte, Indiana

New York, New York (March 18, 2019) – Recycle Track Systems (RTS), a waste and recycling management company, announced the City of La Porte, Indiana, has selected RTS to provide waste services for approximately 7,500 service locations. The arrangement will harness the company’s intelligent fleet management technology for all the city’s residential and governmental collections.

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Recycle Track Systems starts first-ever municipal contract in Indiana

Read the full article here.

By Cole Rosengren

Dive Brief:

  • Recycle Track Systems (RTS), a New York-based service provider known for its technology platform, has won its first-ever municipal waste collection contract. Valued at $3.75 million, the deal with La Porte, Indiana runs for four years with the option of a three-year extension.

  • This contract was previously held by Waste Management. Now, RTS will facilitate service to 7,500 residential and government locations through local company LakeShore Recycling & Disposal. Every truck will be outfitted with the RTS technology platform, which allows residents to manage service and helps the city optimize routing.

  • "We're thrilled to start this partnership with the City of La Porte which is joining the smart cities movement to become more efficient in managing waste," said Adam Pasquale, co-founder and COO, in a statement. "Waste collection is an essential city service and we're excited to introduce our technology solutions to help improve services for residents and support the city's sustainability goals for the future."

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Securonix Wins Most Innovative Cloud Security and Editor’s Choice in the Seventh Annual InfoSec Awards

Addison, TX– March 6, 2019 – Securonix, the leader in next-gen SIEM, added two more awards to its growing list of honors for innovation and product excellence this week. Securonix Next-Gen SIEM won the Most Innovative Cloud Security Award as well as the Editor’s Choice Award for Security Analytics in Cyber Defense Magazine’s InfoSec Awards for 2019.

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Securonix Named Gold Winner in the 2019 Cybersecurity Excellence Awards for Best User and Entity Behavior Analytics

Addison, TX– March 5, 2019 – Securonix, the leader in next-gen SIEM, took home the Gold Award for Best User and Entity Behavior Analytics (UEBA) in the recent Cybersecurity Excellence Awards. The company was also honored as a Silver winner for Most Innovative Cybersecurity Company in the 100 to 499 employees category.

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Recycle Track Systems and Philadelphia Union Launch New, Comprehensive Recycling and Sustainability Plan

New York, New York – (January 17, 2019) Recycle Track Systems, Inc. (RTS) announced a multi-year partnership with MLS’ Philadelphia Union as the exclusive company to manage waste services for the 18,500-seat, Talen Energy Stadium. The collaboration will kick-off with salvaging the existing soccer field’s soil which will provide 93 tons of reuse for composting or fill for construction projects.    

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Bond-Pro Raises $10M to Accelerate Leadership in Specialty Insurance Software

Volition Capital Leads Investment to Fund Bond-Pro’s Continued Innovation in Surety & Specialty Insurance Software

Boston, MA and Tampa, FL USA, January 15th, 2019 – Bond-Pro, the leading provider of Surety and Specialty Insurance software products and services, announced today that it has secured $10 million in growth equity funding to continue accelerating Bond-Pro’s vertical market integration strategy between carriers and agencies and to scale Bond-Pro’s delivery capabilities to match the continuing market demand from top US and Canadian insurance carriers. Volition Capital led the round of funding and Roger Hurwitz, Managing Partner at Volition Capital, will join the Company’s board of directors.

“The capital provides us with the resources to further strengthen Bond-Pro’s Next Gen Surety Carrier and Agency solutions, accelerate global expansion beyond North America and launch a B2B Surety Hub that seamlessly connects carriers and agencies in real-time,” said Frederick Duguay, CEO at Bond-Pro. “We’re excited to continue building upon the success of our modern Next Gen Platform solution, which already allows our clients to automate processes, materially reduce operating costs and mitigate their underwriting risk, while growing premiums by making it far easier for agents to write with them.”

 “We carefully selected Volition Capital to be our partners.” said Duguay, “Volition has a great deal of experience investing in best of breed vertical software businesses. Their broad sector knowledge and relationships will be a tremendous asset as we continue to revolutionize how surety and specialty insurance is managed.”

“What impressed us most is how rapidly Bond-Pro has grown to become the leading vendor for surety and related specialty insurance software solutions, and has done so in a bootstrapped, profitable manner”, said Roger Hurwitz, Managing Partner at Volition Capital. “The Bond-Pro team has the vision and foundation in place to transform the automation of specialty insurance. We look forward to partnering with the team to help them increase their reach and expand their offerings.”

About Volition Capital

Volition Capital is a growth equity firm that principally invests in high potential, founder-owned companies across different technology sectors.  The firm specializes in partnering with founders to help them achieve their fullest aspirations for their business.  Much of Volition’s success has come from investing in capital efficient technology companies in sectors such as: enterprise SaaS, consumer e-commerce/brands, tech-enabled services, and transactional applications.  For more information, visit http://www.volitioncapital.com.

About Bond-Pro

Bond-Pro, Inc. is the developer and publisher of Bond-Pro® Enterprise Next Gen, the leading automation and management software utilized by hundreds of agencies and dozens of surety carriers to drive greater premium, improve underwriting efficiency, reduce costs and mitigate risk.  Its enterprise products and services enable specialty insurance professionals to fully computerize and effectively manage the entire life cycle including Accounts, Jobs, Bonds, Claims, Reinsurance, Workflow, and Data Analytics.  For more information, please call 813-413-7576 or visit http://www.bond-pro.com.

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PlayerLync Receives $12.5M Round B Funding to Accelerate Growth

Volition Capital returns to Colorado and strikes gold in PlayerLync

Denver, CO – November 1, 2018 – PlayerLync, the leading mobile content platform for modern learning and performance management, secured $12.5 million in growth financing for the purpose of marketing, additional staffing, and entering new markets. Volition Capital led the financing with participation by Anschutz Venture Group (AVG), a longtime investor in PlayerLync. Volition is investing in the 2018 Colorado Companies to Watch winner, PlayerLync, and looking to duplicate their success as an early investor in Denver-based Ping Identity, another stand out leader in the Colorado technology landscape.

“PlayerLync’s rapid growth comes from their solution’s wide market appeal and an ability to effectively navigate into adjacent industry verticals. While the business originated in Sports, PlayerLync now serves top Restaurant, Retail and Hospitality brands with over 1 million daily end users. The PlayerLync team demonstrates sound go-to-market tactics and the operational discipline required to service world-class organizations such as Starbucks, Jack-in-the- Box, Talbots, Crocs, Southern Co Gas, and Chipotle,” states Roger Hurwitz, Managing Partner at Volition. “We’re confident from those successes and excited by the growing interest in PlayerLync’s offerings from the Energy, Logistics and Transportation verticals. We’re simply empowering a competent team to more aggressively pursue this multi-billion dollar opportunity.”

PlayerLync is experiencing fast growth under a strong leadership team. Founders Bob Paulsen, Greg Menard, and Robert Smith bring professional execution along with telecom and software experiences to the table, which directly translate into enterprise-ready scale and quality.

“From our backgrounds, we understand that “carrier-grade” is table stakes for enterprise customers today. So, we built PlayerLync on a technology foundation that excels in performance, quality, and security. Then we took it a step further by designing functional teams modeled after world-class SaaS organizations,” said Bob Paulsen, CEO of PlayerLync. “We’re filling a large gap for enterprises, and we’ve got a winning combination that’s allowed us to earn business from marquee brands, pursue partnerships with the largest companies in the world and quickly secure the leadership position in this category. We’re thrilled by this vote of confidence and to be working beside high caliber investors like Anschutz and Volition.”

Roger Hurwitz joins PlayerLync’s Board of Directors.

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Cortera Raises $10 Million to Accelerate Expansion of Commercial Credit Analytics

Hearst’s Fitch Group Joins Investor Group As Part Of Next Growth Stage


BOCA RATON, Fla., Sept. 20, 2018 (GLOBE NEWSWIRE) -- Cortera®, a leading provider of business information, analytics and workflow solutions, announced today that it has raised $10 million in a Series B funding. Hearst’s Fitch Group Financial Venture Fund led the round, joined by existing Cortera investors that include Volition Capital, Battery Ventures, Allen & Company and Tomorrow Ventures.

Cortera understands the vitality of commercial credit to economic growth. Through a contributory network of smarter business intelligence, Cortera provides unique insights into the purchase and payment behavior of private and public companies. Leveraging behavioral modeling, predictive risk scores and proactive monitoring, companies are now empowered with analytical insights in minutes, no matter size or skill set.

“We are passionate about fueling profitable business growth in the US,” Cortera CEO Jim Swift said. “For too long, the flow of capital has been hamstrung by the need for more complete and timely insights into private companies. It is exciting to be at a point of network coverage where businesses now have a powerful alternative to traditional sources.”

Larry Cheng, managing partner at Volition Capital, continued: “The holy grail of commercial credit has been to bring quality credit data and transparency to the hardest part of the market—private businesses. We believe this partnership helps Cortera to realize this longstanding vision and are excited to be a part of its next chapter.”

The Cortera Credit Exchange, fueled by over $1.3 trillion in annual B2B transactions across more than 20 million U.S. business locations, delivers the best information on private companies with deep-dive views into risk implications spanning 45 industry segments. Innovative features such as interactive infographics, self-service batch appends, robust APIs and real-time scorecard wizards present data-driven insights in easy, intuitive formats.

“Cortera is a strong fit for Hearst’s Fitch Group Financial Venture Fund,” said Shea Wallon, the fund’s managing director. “Cortera’s unique business information and analytics provide an alternative view into the credit risk of private businesses where traditional financial statements are not reliable or easily available. Its business supports Fitch Group’s goal of partnering with companies that generate proprietary content to enable differentiated insights into credit risk. We are excited to play a role in helping Cortera continue to develop the next generation of commercial credit risk analytics and leverage their insights into Fitch’s leading products and solutions.”

Wallon will be joining Cortera’s board of directors as part of the investment.

About Cortera
Cortera predicts outcomes. With over 25 years in financial services, our team understands the vitality of commercial credit to economic growth. By building a network of smarter business intelligence, we are uniquely able to help customers predict opportunity and risk from point of client acquisition through payment. Companies are now empowered with analytical insights in minutes, no matter size or skill set. Headquartered in Boca Raton, Florida, Cortera is the fastest growing commercial data analytics platform. For more information visit www.cortera.com.

About Hearst
Hearst is one of the nation's largest diversified media, information and services companies with more than 360 businesses. Its major interests include ownership in cable television networks such as A&E, HISTORY, Lifetime and ESPN; global financial services leader Fitch Group; Hearst Health, a group of medical information and services businesses; transportation assets including CAMP Systems International, a major provider of software-as-a-service solutions for managing maintenance of jets; 31 television stations such as WCVB-TV in Boston and KCRA-TV in Sacramento, California, which reach a combined 19 percent of U.S. viewers; newspapers such as the Houston ChronicleSan Francisco Chronicle and Albany Times Union, more than 300 magazines around the world including Cosmopolitan, ELLE, Men’s Health and Car and Driver; digital services businesses such as iCrossing and KUBRA; and investments in emerging digital entertainment companies such as Complex Networks. Follow us on Twitter @HearstLive and @Hearst.

About Fitch Group
Fitch Group is a global leader in financial information services with operations in more than 30 countries. Fitch Group is comprised of Fitch Ratings, a global leader in credit ratings and research; Fitch Solutions, a leading provider of credit market data, analytical tools and risk services; and Fitch Learning, a preeminent training and professional development firm. With dual headquarters in London and New York, Fitch Group is owned by Hearst.

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Moody’s Analytics Partners with Cortera on Small Business Solution

SAN FRANCISCO--(BUSINESS WIRE)--Sep 13, 2018--Moody’s Analytics, a global provider of financial intelligence, is pleased to announce a new partnership with Cortera, a leading provider of commercial information and analytics. Cortera’s trade credit data – covering more than $1.3 trillion in annual B2B credit transactions – will be available through the Moody’s Analytics small business lending solution.

“We’re excited to partner with Cortera,” said John Baer, Managing Director-Head of Small Business Lending at Moody’s Analytics. “Lenders need to know more about the creditworthiness of private companies, quickly. Bringing Cortera’s trade credit data into our small business lending solution will deepen our clients’ analysis and help them make better – and faster – credit decisions.”

Cortera’s trade credit information will be integrated into the Moody’s Analytics RiskCalc™ Small Business tool, part of the small business lending solution. The tool gives lenders a fast and highly predictive way to score a small business, which translates into more profitable decisions and increased loan volume.

The analytics supplied by Cortera add a powerful dimension by pre-populating data that enhances the accuracy of the small business score, helping lenders gauge the creditworthiness of businesses that have traditionally been hard to assess.

“Lenders’ ability to assess the credit risk of small private companies can be challenging with traditional sources,” said Jim Swift, CEO of Cortera. “Incorporating our trade credit data will enhance the Moody’s Analytics solution by offering its clients a wealth of insight into these businesses.”

The Moody’s Analytics small business lending solution includes the MARQ™ Portal, which streamlines the credit management process by allowing lenders to automate manual processes at every step – from customer onboarding to portfolio monitoring – and to understand business borrowers’ credit position instantly. The MARQ Portal is integrated with our CreditLens™ and Lending Cloud origination solutions, cloud-based platforms that help financial institutions make better and faster lending decisions.

To learn more from our small business lending experts, and to learn about our other award-winning solutions, please join us at our upcoming events: the Commercial & Ag Lending Conference, September 24-26 in Omaha, Nebraska; and the Moody’s Analytics Summit, November 4-6 in Phoenix, Arizona.

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