News Hub | News Direct

Communications

Advertising Communications Graphic Design Internet Marketing Media Publishing SEO
Article thumbnail News Release

Agora Data Closes Its Second Crowdsourced Securitization

Agora

Agora Data, Inc., today announced the successful closing of its second crowdsourced securitization, ACAST 2021-1, on May 27, 2021. With the closing of this second transaction, the AgoraCapital program has provided 40 Buy Here Pay Here auto dealers and finance companies with nearly $200 million in subprime auto loans access to efficient, capital markets financing. The ACAST 2021-1 closing marks an important continuation of Agora’s revolutionary developments in the world of structured finance. “Our AgoraCapital program helps subprime originators proactively plan for the future. It levels the playing field by enabling dealers to borrow more money at a lower cost without the restrictions of other lending sources,” said Steve Burke, CEO of Agora Data. Burke continued, “There is simply no other affordable and abundant capital for a dealer to safely triple in size without giving up control or equity in its business.” By participating in an Agora crowdsourced securitization, subprime auto entrepreneurs can now gain access to the capital markets like the large dealer groups and institutions have with low-cost capital to maximize their financial leverage and significantly grow their businesses. Unlike traditional lending sources, not only does Agora provide the needed capital for growth but also helps dealers grow safely. Before Agora’s proprietary data-driven technology and innovative approach, BHPH dealers and small finance companies were unable to access the capital markets and abundant low-cost capital as only senior lenders and larger institutions received the more favorable lending terms. “Our first transaction in December 2020 was groundbreaking. However, in many ways, this second deal is even more significant as it solidifies that AgoraCapital and our ability to deliver for the dealer community is here to stay. Agora is well into its mission to revolutionize how dealers borrow money,” said Chris Hawke, Agora Data’s Chief Revenue Officer. Agora is passionate about revolutionizing the auto industry with innovative financial solutions. The company closed its first-ever crowdsourced auto securitization on December 29, 2020. The second transaction, ACAST 2021-1 is further proof of concept with each planned securitization becoming routine for the dealers. Buy Here Pay Here dealers and subprime originators of all sizes are gaining unprecedented access to the capital markets with a lower cost of funds along with other positive business transformation benefits. About Agora Data, Inc: Founded in 2017, Agora Data’s mission is to provide access to capital for Buy Here Pay Here dealers and small to mid-sized finance companies. Pioneered by Agora Data, AgoraCapital and AgoraCredit provide a new funding channel so small to mid-sized dealers can obtain all the cash they need to fuel growth. Agora’s proprietary, radical, AI-infused technology connects dealers and finance companies with the capital markets. For capital market stakeholders, AgoraTrade and AgoraCapital provide an opportunity to participate in a time-tested asset class previously not available. Agora Data made history by closing the first-ever Crowdsourced Subprime Auto Securitization on December 29, 2020. For more information, visit agoradata.com or contact us at 877-592-4672. Contact Details Shelly Vandeven +1 682-282-4130 media@agoradata.com Company Website https://agoradata.com/

June 02, 2021 09:03 AM Eastern Daylight Time

Article thumbnail News Release

CSG CEO Brian Shepherd to Speak at Stifel’s 2021 Virtual Cross Sector Insight Conference

CSG

DENVER, June 2, 2021 – CSG ® (NASDAQ: CSGS) today announced that the company will present at the Stifel Virtual Cross Sector Insight Conference on June 9, 2021. The presentation will be held at 1:20pm ET and will feature comments from CSG chief executive officer Brian Shepherd. The conference presentation will be available via webcast here. About CSG For more than 35 years, CSG has simplified the complexity of business, delivering innovative customer engagement solutions that help companies acquire, monetize, engage, and retain customers. Operating across more than 120 countries worldwide, CSG manages billions of critical customer interactions annually, and its award-winning suite of software and services allow companies across dozens of industries to tackle their biggest business challenges and thrive in an ever-changing marketplace. CSG is the trusted provider for driving digital innovation for hundreds of leading global brands, including Airtel Africa, América Móvil, AT&T, Charter Communications, Comcast, DISH, Formula 1, Hutchison 3 Indonesia, Inmarsat, Mastercard, Maximus, Microsoft, Mobily, MTN, New Leaf Service Contracts, State of California DMV, TalkTalk and Telstra. To learn more, visit our website at csgi.com and connect with us on LinkedIn and Twitter. Copyright © 2021 CSG Systems International, Inc. and/or its affiliates (“CSG”). All rights reserved. CSG® is a registered trademark of CSG Systems International, Inc. All third-party trademarks, service marks, and/or product names which are referenced in this document are the property of their respective owners, and all rights therein are reserved. Contacts: John Rea Investor Relations CSG +1 (210) 687 4409 john.rea@csgi.com Contact Details CSG Tammy Hovey +1 917-520-2751 tammy.hovey@csgi.com Company Website https://www.csgi.com

June 02, 2021 06:30 AM Mountain Daylight Time

Article thumbnail News Release

FREELANCER.COM'S 20 MILLION JOBS BY THE NUMBERS

Freelancer.com

Because of the pandemic, more and more people are turning to freelancing to offer their skills, or search for other skilled workers to help them set up their own business. Freelancer.com as a two-sided marketplace is in a unique position because the 52 million registered users means a job poster is almost certain to find a freelancer with the requisite skills. It is the demand side, the job posters with work which needs completing, which indicates where the best job opportunities lie. With that in mind the accompanying graphs paint an interesting picture about the most in-demand jobs and skills where freelancers can be assured there are opportunities. 20 Million Projects By Skill: The proportion of jobs in IT and software development and website building has fallen over time, reflecting the growth in WYSIWYG templated website build platforms. The demand for content to populate those websites has grown over time, as has the demand for design, media (Photoshop skills and the like) and architecture. The freelance economy is characterised by a transfer between developed and emerging economies. Developed countries post jobs which are overwhelmingly done in emerging countries. This provides efficiency and cost-saving to businesses in the developed world while providing income that changes lives in emerging economies. The exchange, when 10% of the world lives on less than US$1.90 a day, is a significant factor in the fight against poverty. The freelance economy is characterised by a transfer between developed and emerging economies. Developed countries post jobs which are overwhelmingly done in emerging countries. This provides efficiency and cost-saving to businesses in the developed world while providing income that changes lives in emerging economies. The exchange, when 10% of the world lives on less than US$1.90 a day, is a significant factor in the fight against poverty. About Freelancer ® Twelve-time Webby award-winning Freelancer.com is the world’s largest freelancing and crowdsourcing marketplace by total number of users and jobs posted. More than 52 million registered users have posted over 19 million jobs and contests to date in over 1,800 areas as diverse as website development, logo design, marketing, copywriting, astrophysics, aerospace engineering and manufacturing. Freelancer owns StartCon, Australia's largest startup conference, expo and entrepreneur community established in 2009, WarriorForum.com, the world’s largest Internet marketing community & marketplace, Escrow.com, the world’s largest provider of secure online escrow and online transaction management for consumers and businesses on the Internet, and Freightlancer, a global marketplace for freight, shipping and transportation. Freelancer Limited is listed on the Australian Securities Exchange under the ticker ASX:FLN and on the OTCQX under ticker OTCQX:FLNCF Contact Details Sebastian Siseles +1 415-801-2271 sebastian@freelancer.com Phil Sylvester +16503342706 psylvester@freelancer.com Helma Kusuma +628121049853 helma@freelancer.com Company Website https://www.freelancer.com

June 02, 2021 07:00 AM Eastern Daylight Time

Image
Article thumbnail News Release

LambdaTest rallies global investors raising US$16m Series B funding as it rapidly scales

Stockwood Strategy

Cloud-based browser testing platform LambdaTest today announced it has secured US$16 million in Series B funding led by Sequoia Capital India. Telstra Ventures, MENA region investor Wamda Capital and a leading sovereign wealth fund also joined the series B round. Founded in 2017 by Asad Khan and Jay Singh, San Francisco-based LambdaTest is a cloud-based testing infrastructure company that allows users to seamlessly test their websites’ and apps’ look, feel and performance on over 2,000 different browsers and by operating systems and device combinations. The proliferation of devices and browsers has made it increasingly complex for developers to test their websites and apps. LambdaTest solves this problem by enabling developers to run a variety of tests through their cloud-based platform, spotlight concerns, share immediately with teams and remedy issues quickly. LambdaTest exists to support the developer community to identify defects in code much earlier in the release cycle. These defects present one of the biggest challenges and costs facing businesses. Indeed, the cost of fixing these defects once in production and release is 30x higher than addressing earlier in the development cycle. Since its launch, LambdaTest has attracted over 500,000 developers in 132 countries who have performed more than 20 million tests. Customers include SMEs and Fortune 500 companies such as Xerox, Cisco, Microsoft, Deloitte, Media.net, Coca Cola, Trepp, SurveyMonkey, Capgemini, HBR, 23andme and Dashlane. Asad Khan, CEO of LambdaTest commented: “Companies are increasingly competing on customer experience 1 and as such are releasing software updates faster, more frequently to remain relevant. In doing so, there is a greater demand for continuous testing to ensure quality releases in the production environment. In just six short months since the series A round in 2020, LambdaTest has doubled revenues and increased customer numbers by 20%. In that time headcount has doubled in size from 70 people pre-Series A to 150 today across the engineering, sales, and customer success teams. Harshjit Sethi, Principal at Sequoia India commented: “As every company is becoming a software company and deployment cycles are shrinking, testing is becoming an increasingly important part of the software development cycle. Additionally testing is now happening earlier and earlier in the development cycle as part of the ‘Shift Left’ movement that companies like LambdaTest are enabling. Operating in a USD 35 billion market for testing software and services, LambdaTest has emerged as the go-to platform for its users in browser testing, evident from its best-in-class ratings across review sites. Sequoia Capital India is excited to continue partnering with the LambdaTest team as they execute on their vision of building an end-to-end testing system for developers to enable companies to release more reliable software faster.” The number of software tests run by developers has almost doubled from 12m to over 20m in six months at LambdaTest. As developers shift to cloud-based testing, this number will grow exponentially. This trend has been accelerated by the adoption of the Shift Left approach, as more developers are testing code early before they ship to the testing cycles. “LambdaTest’s vision is to empower 23 million developers and testers worldwide with a powerful, comprehensive and secure continuous quality test platform. Our upcoming product lines will enable tech teams to ship high quality code seamlessly boosting their release velocity” added Asad Khan. Steve Schmidt, General Partner at Telstra Ventures commented: “We have an opportunity to build a very large scale and independent testing company with a modern approach to software development and that’s very exciting. Lambdatest has already signed several customers in Australia without having any local presence and we look forward to helping them build out a local APAC team to meet this demand”. The funding advances LambdaTest’s commitment to scaling the testing ecosystem and building next-generation cloud infrastructure for users. To this end, LambdaTest is broadening its reach with the tester community by engaging with developers as it launches a suite of products in 2021 designed for them to perform tests on scale. “We’ve had an exciting period of growth and there is more to come as we expand our platform capabilities and go deeper in global markets. This funding round validates our efforts in building a robust cloud testing platform that is truly resonating with the testing and developer community globally. We pride ourselves in delivering a highly reliable, stable and secure infrastructure for them to achieve success. This success is born out in the numbers as our customers have been able to increase release velocity by over 60% and half the time to market” concluded Asad Khan. About LambdaTest LambdaTest is a cloud testing infrastructure company that allows users to run both manual and automated tests on their websites and webapps across 2000+ different browsers, browser versions and operating system environments. The platform has been used to perform over 20 million tests in just three years, and is now being used by over 500,000 users across 132 different countries. Contact Details LambdaTest Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.theeditldn.com/

June 02, 2021 05:00 AM Eastern Daylight Time

Image
Article thumbnail News Release

2021 SORCI REPORT REVEALS SOLUTIONS FOR U.S. RESIDENTIAL BUILDERS TO AVOID PREDICTED DOWNTURN IN 2022

Association of Professional Builders

While builders in the United States have seen record increases in revenue and net profit with homeowners seeking to improve their living environments because of the COVID-19 pandemic, 2022 predictions for the residential home building industry aren’t quite as positive. These findings were unveiled in the recent 2021 State of Residential Construction Industry (SORCI) report, which is sponsored by the Association of Professional Builders (APB), a leading business coaching service for custom home builders. “There has been a boom in residential home construction and renovation largely due to the effects of the pandemic,” says Erik Cofield, an Executive Business Coach with APB based in Houston. “However, this unprecedented demand isn’t sustainable and savvy builders will need to think more like accountants. Our new research reveals that custom home builders could be heading for challenging times in 2022.” More than 1,000 builders globally participated in the survey to provide deeper insights into the residential construction industry. Data from the report revealed that 2020 was a bumper year with 46.5% of respondents globally signing more contracts than in 2019; and 50% more in the U.S. market report signing more contracts in 2020 than 2019. However, after signing a record number of fixed-price contracts, the report also found that many are not prepared for the ensuing squeeze on margins caused by the rise in material pricing and other factors. “We’re urging professional builders to plan for the long term so they’ll be able to weather the predicted downturn in 2022,” says Russ Stephens, APB co-founder and business strategy specialist. “This report truly highlights the current pain points for U.S. builders, and shows where they need to focus their efforts to at least meet industry benchmarks and compete to be the best in the industry.” This concern stems from the survey, which shows that more than 55% of the builders in the U.S. never calculate their work in progress accounting adjustment, indicating that they are at significant risk of growing too quickly because they don’t understand their true financial position. Thus, they are likely to pay higher taxes and experience severe cash flow challenges, particularly when sales begin to slow down. Nearly two-thirds of respondents had no formal sales process in place, and the vast majority (78.8%) had no succession plan to future-proof their business should the unthinkable happen. With these findings in mind, it’s no surprise builders have identified systemizing their business as one of the top priorities for 2021. Other findings include: 80% of the U.S.-based home builders don’t charge for quotes; vs. 56.4% in Australia, 79.1% in Canada, 57.5% in New Zealand and 90% in the United Kingdom; 80% of the U.S.-based home builders do not have a business plan covering the next three years, vs. 69% in Australia, 75% in Canada and 57% in New Zealand; 37% of the U.S.-based home builders want to systemize their businesses; vs 36.1% in Australia, 41% in Canada, 45% in New Zealand and 60% in the United Kingdom. The comprehensive report also dives into trends in sales, contracts, social media, marketing and advertising within the industry. Data from the report also covered insights from residential builders for lead generation, team building, project management, planning, owner’s remuneration, financials and self-development. To find out more about the state of the residential construction industry, a copy of the report can be purchased at https://info.apbbuilders.com/sorci. APB’S WORK IN THE INDUSTRY APB has worked with thousands of builders, coaching residential building companies to systemize their business, including Jason Burgess of Burgess Homes based in Central Massachusetts. “The biggest reason I was looking for APB is that I was doing a lot of smaller renovation jobs. I wanted to grow the business and focus on new construction homes, which is what I truly enjoy,” Burgess said. “Before I was with APB, my average project size was probably around $40,000 and since implementing the content from APB, I’m seeing jobs averaging around $400,000. So, it’s been a tenfold increase for me.” You can read more about Jason’s business growth success story as well as others here: https://associationofprofessionalbuilders.com/success-stories/. ABOUT ASSOCIATION OF PROFESSIONAL BUILDERS The Association of Professional Builders is a leading business coaching service for custom home builders in the United States of America, Australia, New Zealand, and Canada. It provides tested and proven systems for builders to scale and succeed, based on data, experience, and results. Contact Details Anne Shanahan +1 310-933-6834 ashanahan@hoytorg.com Company Website https://associationofprofessionalbuilders.com/

May 27, 2021 08:15 AM Eastern Daylight Time

Article thumbnail News Release

British online store The Edit LDN transforms prized sneaker industry as sales soar

Stockwood Strategy

The UK’s leading online store for limited edition sneakers and high end streetwear The Edit Man London has become The Edit LDN. The name change reflects the rapidly growing female appeal for new and pre-loved sneakers and streetwear as sales grow 60% month-on-month in the last 12 months. The Edit LDN is an online consignment store that sells new and pre-loved goods from a variety of brands including Yeezy, Jordan, Louis Vuitton, Dior, Off-White, Supreme, Fear of God among others to a wide community of fashionistas, collectors and investors. Just as premium sites like Farfetch address the fashion world, The Edit LDN is the leading destination for limited edition sneakers and high end streetwear. They connect premium resellers with a highly engaged, price agnostic and eager audience. Through partnerships with styling services such as Thread.com and various concierge companies, THE EDIT LDN has expanded its community of buyers from TV and film celebrities to professional footballers and royal families around the world. Moses Rashid, founder and CEO of The Edit LDN commented: “As a brand we want to remain current and relevant to our community, our new name now fairly represents and embraces our diverse community but is true to its origins. We dropped the ‘Man’ from the name simply because the number of women buying had been steadily increasing since launch in January 2020 and passed 50% in March this year. It was the right thing to do.” The Edit LDN has established itself as a trusted source of authenticated and high quality new and pre-loved streetwear and sneakers. Their unabating focus on speed (to deliver purchased goods), customer service engagement and ensuring all goods are authenticated has been testament to the growth of the platform and community. “We set out to create a destination that opens up and levels up the opportunity for anyone wishing to own extremely limited edition goods. Essentially we make Inaccessible, accessible. Previous means to buy these goods have been riddled with issues such as sending payments to random resellers found on social media, authenticity issues when buying online and long delivery times on purchases from global marketplaces. The Edit LDN addresses all these concerns and is transforming the customer experience and industry simultaneously, added Moses ”. In 2021 (to April), The Edit LDN attracted more traffic, transactions and revenue than in their first year of trading (2020). With 60% month-on-month growth and mounting interest, the business is set to take-off. “We’re regularly selling sneakers and streetwear worth £1,500 each. Recently, we sold a Gucci TNF jacket for £9,200. It’s not only the variety of goods we offer but the speed at which we send purchases. Just last year we managed to source and sell 44 Playstation 5 games consoles to the England U21 football team within 24 hours, literally dispatching them in Ubers to their homes” said Moses. Looking ahead, Moses added: “This is a marketplace worth $6b a year globally and will grow 5x by 2030. By the end of this year, The Edit LDN will be worth £10m and given the hyper growth rate of our sales and revenues, we will 3x our valuation by the end of 2022 for sure. In meeting the needs of this rapid scaling, we will seek to raise funds this year to propel us as we launch in new markets”. The Edit LDN has its community and social conscious front of mind. They have raised funds and awareness against gun crime, mental health and sustainability issues. In 2020, the company collaborated with the artist McCrow as part of the One Less Gun campaign to create a sneaker with bullet shells from an AK-47 rifle. Working with Gary James McQueen in aid of MIND mental health charity, they raised funds with an exclusive T-shirt drop featuring the famous McQueen Vanitas skull. In owning their sustainability agenda, they turned their focus to the circular economy by selling pre-owned (or pre-loved) goods through the platform. In addition to this, they are a paperless company and only ship products using recycled packaging. “At the heart of The Edit LDN proposition is a focus on social and economic issues. These are matters that are important to us and our community, so we recognise that we’re in a super hot market right now so we want to use our platform to make a long lasting impact where possible” concluded Moses. About The Edit LDN Founded in 2020, The Edit LDN has quickly become the UK’s leading online consignment store for limited edition sneakers and high end streetwear, both new and pre-loved items. Their innovative platform connects premium resellers to a global audience offering a deluxe experience from discovery, packaging and delivery. Brands include Jordan, Yeezy, Louis Vuitton, Dior, Off-White, Supreme, Fear of God among others. The platform is fast becoming synonymous with speed of service, authenticity, diverse selection of secure payment methods, and first class customer service. The Edit LDN is the leading destination for resellers and their premium sneakers and streetwear. Through partnerships with styling services such as Thread.com and various concierge companies, The Edit LDN has a community of buyers celebrities to professional footballers and royal families around the world. Contact Details The Edit LDN Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.theeditldn.com/

May 27, 2021 05:00 AM Eastern Daylight Time

Image
Article thumbnail News Release

Dogs Don’t Know, Heat Can Hurt: How to Recognize the Warning Signs of Exercise-Induced, Heat Related Illness

YourUpdateTV

A video accompanying this announcement is available at: https://youtu.be/Q9_KZTWQXCU It’s summer, and everyone wants to be outside with their dogs. But it’s hot, and when our best friends are chasing frisbees, balls, and running they don’t always know they’re overheating. If their core body temperatures rise faster than they can cool off, dogs may suffer from Heat Related Illness (HRI). National Heat Awareness Day is May 28, 2021, and EUKANUBA™ wants you to learn how to keep your dog safe while exercising this summer. EUKANUBA™, a premium dog food brand specializing in high-performance nutrition for sporting and working dogs, is drawing attention to canine exercise-induced heat related illness (HRI) by conducting a nationwide media tour in conjunction with D S Simon Media and Your Update TV featuring Dr. Joe Spoo, Veterinarian, Eukanuba™. During the nationwide media tour and Public Service Announcement (PSA) Dr. Spoo discussed: What is a Heat Related Illness The Three Stages: Heat Stress, Heat Exhaustion, and Heat Stroke. How to recognize the HRI warning signs in your dog. How dogs naturally cool down. What type of dogs are at risk. Ways to keep them cool while exercising and having fun. The importance of hydration For more information please visit: EUKANUBA.com About YourUpdateTV: YourUpdateTV is a social media video portal for organizations to share their content. It includes separate channels for Health and Wellness, Lifestyle, Media and Entertainment, Money and Finance, Social Responsibility, Sports and Technology. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

May 26, 2021 12:00 PM Eastern Daylight Time

Video
Article thumbnail News Release

MYBUNDLE.TV EXPANDS STREAMING VIDEO MARKETPLACE PLATFORM WITH LAUNCH OF ‘PROFILES’ FOR BROADBAND PROVIDER PARTNER NETWORK

MyBundle.TV

MyBundle.TV, the premier online platform connecting consumers, streaming services, and broadband partners with tools to simplify streaming television, expanded its broadband provider solutions with the launch of “Profiles,” a personalized interactive streaming TV guide for consumers in MyBundle.TV’s broadband provider network. MyBundle.TV currently has more than 30 broadband partners totaling more than 5.7 million customers, including industry leaders CenturyLink, WOW!, MetroNet and EPB. Introducing MyBundle.TV’s Find My Bundle and Streaming Marketplace The addition of Profiles is an extension of MyBundle.TV’s industry-leading “ Find My Bundle ” tool. Find My Bundle is an easy-to-use, free service that connects consumers with personalized, money saving streaming TV alternatives to traditional pay-TV packages. MyBundle.TV also offers Find My Bundle as a customized, white-labeled experience for broadband providers, helping broadband-first companies win new and retain existing high-speed data (HSD) subscribers by making it easy for consumers to get their traditional TV content through smaller streaming bundles. Profiles adds a level of personalization and interactivity to the MyBundle.TV powered “Streaming Marketplace,” a showcase for the more than 150 streaming services available through MyBundle.TV, where HSD customers can explore and sign up quickly for these services through an easy-to-use virtual video store. Now, in addition to finding new streaming services, consumers can search for and discover new TV shows and movies, identify them on their favorite streaming apps, create watchlists and more. “MyBundle.TV is a trusted resource for broadband providers looking to help their customers navigate the streaming TV world,” said Jason Cohen, Co-Founder and CEO of MyBundle.TV. “Now, in addition to helping broadband partners increase conversion of new customers and retain existing subscribers, our new Profiles offers easy-to-use tools their entire customer base can utilize to simplify streaming, save money and increase overall satisfaction.” "WOW!'s partnership with MyBundle.TV is helping our customers navigate and transition to the exciting world of streaming TV," said Roger Seiken, senior vice president of video programming for WOW!. "With our broadband-first strategy, we provide our customers with numerous video options and MyBundle.TV’s integrated discovery and recommendations tools and marketplace makes it easy for them to find and enjoy the content they're most passionate about and stream it using WOW!'s fast and reliable high-speed data network." Cohen continued, “The media ecosystem is changing rapidly, and with so many streaming services available, the marketplace is overwhelming for even the most tech-savvy consumer. Ultimately, the consumer wins from all the choice available, but we know they need some help. By bringing together consumers, leading broadband providers and streaming services, MyBundle.TV has created a symbiotic ecosystem for all three constituencies.” MyBundle.TV Profiles Features Access to a personalized streaming content hub where they can discover and locate content from across all their streaming apps in one easy to use destination The ability to receive tailored Movie and TV Show recommendations, as well as suggestions for new Streaming Apps, based on their viewing habits and interests A way to plan what they want to watch and monitor what they’re currently watching with custom Watchlists What to Watch Next - A social feature that generates a list of binge-worthy shows from across their apps and interests that their friends can vote on A means to easily track and manage their streaming expenses About MyBundle.TV MyBundle.TV offers the industry-leading consumer and enterprise platform simplifying streaming TV. MyBundle.TV’s free and easy-to-use tools help consumers cut the cord, discover new streaming services and find content to watch across their services. Incorporating more than 150 streaming services and partnering with more than 30 broadband providers serving 5.7 million customers and growing, the MyBundle.TV platform helps consumers navigate the streaming video world and enables new growth opportunities for programmers and high-speed data distributors alike. Contact Details ICR for MyBundle.TV Eric Becker +1 303-638-3469 eric.becker@icrinc.com Company Website https://www.mybundle.tv

May 26, 2021 09:02 AM Eastern Daylight Time

Image
Article thumbnail News Release

Sports Betting Social Platform Betsperts Acquires Fantasy Life App

Betsperts

Today, Betsperts, the leading crowdsourced sports betting social media platform, announced the acquisition of Fantasy Life App, a platform dedicated to providing the fastest breaking news, updates and advice to give bettors and fantasy players a competitive edge, in an all stock transaction. The new entity will be renamed Betsperts Media and Technology Group, Inc. and form the largest social media platform dedicated to sports betting and fantasy sports worldwide. The acquisition will double the headcount of Betsperts. Fantasy Life App co-founder and ESPN fantasy sports expert, Matthew Berry will stay on with Betsperts as a board member and a significant minority shareholder of the company. Founded in 2018, by co-founders Reid Rooney and Austin Harper, Betsperts was created to allow users to share information, content and resources to create a more informed and stronger betting community. Following the closing of the acquisition, Betsperts is actively raising a multi-million Series A funding round. The round will be used to fund growth strategies including talent, adding more content and user acquisition while also making significant advancements in technology. The company is currently projecting revenue of more than 20x its 2020 full year results. “The future of sports betting is stronger social connectivity between bettors and we are leading the way in building the destinations for communities,” said Reid Rooney, CEO of Betsperts. “The acquisition of Fantasy Life App is a major stepping stone in providing our loyal users with advanced capabilities where they’ll be able to not just interact within the community but utilize Betsperts to grow, fortify and effectively monetize their sports betting following much like how influencers leverage other social media platforms.” With more than 10,000,000+ monthly visits across their properties during the 2020 football season, Betsperts Media & Technology Group will utilize content and technology from the two apps to enhance capabilities and drive deeper user engagement. Sports bettors and fantasy players will receive the fastest news alerts, information and social capabilities on the market. “Community and the social fabric of gaming has been a huge part of my life and career. I write about it extensively and it's what led to the creation of the Fantasy Life App for fantasy and DFS players. When I saw what Reid and Austin had built with the Betsperts community I was really impressed. They've done for sports betting what we have done for fantasy - used advanced technology to create a robust and highly engaged community,” said Matthew Berry. “The companies are a perfect complement to each other and as gaming in all forms keeps growing in America, I know that bettors and fantasy players alike will continue to look to Betsperts and the Fantasy Life Apps for more ways to interact, educate and entertain themselves.” Berry will be joining a Betsperts board that also includes David VanEgmond, ex-Barstool Sports and FanDuel executive and current founder & CEO of Bettor Capital. Investors in the new Betsperts entity include Parlay Capital Holdings, Velo Partners, MLB players Evan Longoria, Adam Wainwright and David Price, NBA All Star Richard Jefferson, NASCAR driver Kyle Busch, Grammy winner Darius Rucker, entrepreneur and Atlanta Hawks owner Jesse Itzler and Eric Norlin of SK Ventures. For more information on Betsperts, please visit Betsperts.com. ABOUT BETSPERTS Founded in 2018 by co-founders and entrepreneurs Reid Rooney and Austin Harper, Betsperts is the leading crowdsourced sports betting social media platform created to allow users to share information, content and resources to create a more informed and stronger betting community. ABOUT FANTASY LIFE APP Fantasy Life App is a mobile sports community created to level the playing field for the fantasy sports player and sports bettor. Fantasy Life enables members to post, poll other players, get the fastest alerts, and chat about sports—providing an advantage for those depending on real-time information for sports betting and fantasy leagues. Contact Details Betsperts Mike Adorno +1 212-931-6143 madorno@hotpaperlantern.com Company Website https://www.betsperts.com/content/0

May 26, 2021 09:01 AM Eastern Daylight Time

1 ... 297298299300301 ... 346