Tulip Retail’s New Release Provides Enterprise-Wide Mobile Platform for Managers to Collaborate with Frontline Workers at Retail Stores

New Management Suite Enables Store and HQ Managers to Improve Store Associate Effectiveness

NEW YORK, April 25, 2017 /PRNewswire/ -- Tulip Retail, a mobile application platform built exclusively for retail stores and sales associates, today announced a new enterprise-wide management suite and mobile app enhancements that increase productivity for store managers and associates, create a stronger employee community across stores, and enable managers to operate a more efficient store. The new Tulip Retail release empowers managers with tools to collaborate, manage documents and communicate with associates so they are better prepared to sell, service and delight their customers.

The features in the new release include:

  1. Tulip Retail Management Suite: Entirely new suite adds management functions for Operations, District, Regional, and Store Managers to drive store manager agility, efficiency and effectiveness.  Capabilities enable privileged users to manage email and SMS clienteling communication templates and manage shared document files and folders for store associates. The new document management capabilities enable managers to organize, access, and share files in real time with store associates across the enterprise. Managers can control folder and file organization and structure to share a wide variety of files, such as new marketing collateral, planograms, the latest looks, important HR policies, training guides, and more.
  2. Tulip Retail Web App – New interface increases productivity for store managers and corporate merchandising, marketing and operational managers by providing web-based browser access to the Tulip Retail platform. Extending Tulip beyond mobile devices to the desktop now enables access anywhere and streamlines the use of the platform and management capabilities.
  3. Clienteling Enhancements: New features provide customer profile improvements and new configuration options for profile management and customer communications. Other features include e-Commerce sales attribution for personalized associate messages sent to customers, e-mail enhancements that enable store associates to attach images taken using their device to email messages and additional customer follow-up configurations.
  4. Internationalization & Localization Enhancements: Expands support for global retailers; adds translation support for the web app, extends the product catalog language support with additional languages, and adds support for regular, discounted, and variant pricing per location.

"We've had great success with our Tulip Retail Mobile Associate App and our focus on empowering the store associate, but we wanted this release to focus on empowering the store and HQ managers," said Jan Kotowski, VP of Product, Tulip Retail. "With the new Management Suite and web browser support, managers are now easily able to manage documents, communicate, and collaborate with retail store associates using any device including a desktop. The new capabilities let store managers mold great associates who provide better service, build relationships and sell more.  The tools foster a much stronger and cohesive employee community between managers and frontline workers and encourage associates to become more knowledgeable and trusted advisors to truly enhance the shopper's in-store experience."  

Tulip Retail will be at Retail Business Technology Expo 2017 in London on May 8th and 9th demoing the new features at stand 1400.

About Tulip Retail

Tulip Retail is transforming the retail in-store experience, one customer at a time. Tulip's mobile store associate software platform enable the world's premier retail brands to elevate the in-store experience and maximize success of their stores.

Dedicated to store associate empowerment, Tulip is bringing the best of online shopping to the selling floor with an intuitive, simple to use mobile app that enables: assisted selling, endless aisle, clienteling, store communications, line busting and point of sale. Tulip has consolidated all of the most important tools store associates need in order to drive sales and increase customer loyalty.

Partnered with Apple, Tulip's mission is to harness the power of the world's most advanced mobile technology with our world-class store associate platform. Leading retailers like Kate Spade, Coach, Bonobos, and Toys"R"Us choose Tulip to help their workers deliver an unparalleled omnichannel shopping experience.

Contact:         

Scott Cianciulli                         


Brainerd Communicators


(212) 986-6667


cianciulli@braincomm.com

 

SOURCE Tulip Retail

Demandbase Account-Based Marketing Certification Now Available Online

Certification program also expands with addition of Advanced course

SAN FRANCISCO, April 25, 2017 /PRNewswire/ -- Demandbase, the leader in Account-Based Marketing (ABM), today launched the online version of its "ABM Certification: Foundations" program, making its comprehensive and practical "how-to" course available to B2B marketers anywhere.

The "ABM Certification: Foundations" course is the only comprehensive online ABM certification program developed by experienced ABM practitioners. It offers real-world tips on what works best for the day-to-day application of ABM, and it can help marketers who focus on a range of disciplines, from field marketing and demand generation to event marketing, digital marketing and web marketing. Demandbase has thus far trained and certified more than 1,000 B2B marketers via the in-person version of the Foundations course, which was introduced in April 2016.

Click to Tweet: New online @Demandbase ABM Foundations Certification will produce ABM superstars around the world! Read here: http://demandb.se/2oEQTF7

"We're committed to providing the best tools, support, and training to the B2B marketers leading the way in ABM implementation," Demandbase Chief Marketing Officer Peter Isaacson said. "Now that our 'ABM Certification: Foundations' program is available online, we're making it easier and more accessible for B2B marketers around the world to unlock ABM's potential."

Last year, Demandbase delivered the "ABM Certification: Foundations" course to ABM marketers at SAP.

"Demandbase has been a great partner, and its 'ABM Certification: Foundations' course allowed us to take a closer look at the inner workings of best-in-class ABM programs," said Amy Craven, head of North America Marketing's ABM program at SAP. "We enjoyed learning from and working with seasoned ABM practitioners to further refine our own ABM program. It's a hands-on experience that directly applies to our day-to-day goal of providing a superior experience for our more strategic customers."

Advanced Certification
In addition to the new online offering of the Foundations course, Demandbase has also expanded its ABM certification program by adding an Advanced course. "ABM Certification: Advanced" rounds out the company's offerings by going beyond the "how to" question to address "how to do it better."

"ABM Certification: Advanced" will initially be offered in-person, building on attendees' base knowledge by helping them to both refine and scale their ABM strategies. The Advanced training is designed to help certified marketers continue to grow their ABM expertise by providing deeper skills and knowledge.

Like the foundational certification, the Advanced certification was developed by B2B marketing professionals who use ABM daily and have tested out the methodologies taught in the course.

Demandbase trained nearly 300 B2B marketing professionals in its ABM certification programs at the company's Marketing Innovation Summit earlier this month. Two hundred of those professionals completed the Advanced program.

The expansion of Demandbase's ABM certification program comes at a time when ABM skills for B2B marketers have become increasingly important. Over just a few years, the focus has shifted from "What is ABM?" to "How can my company successfully implement an ABM strategy?" A 2016 SiriusDecisions survey revealed that more than 70 percent of B2B companies have staff who are fully or partially dedicated to driving ABM-specific programs.

How to Enroll
Professionals interested in either "ABM Certification: Foundations" or "ABM Certification: Advanced" can find more information here.

The program is open to all B2B marketers, not just Demandbase customers. It costs $349.

The expansion of the ABM Certification program further establishes Demandbase as the leader in ABM, with the broadest set of customers and partners in the industry.

About Demandbase
Demandbase, the leader in Account-Based Marketing (ABM), has been introducing ABM solutions to the market since 2011. The company offers the only end-to-end ABM platform — account identification, account-based advertising, B2B website personalization, account-based marketing automation, sales insights and integrations into CRM so that ABM results are optimized around sales activity. The Demandbase B2B Marketing Cloud is the only subscription-based ad-targeting and web-personalization solution that lets marketers connect campaigns directly to revenue. The B2B Marketing Cloud is powered by patented technology, which allows companies to identify in real time the accounts they value most and personalize their digital marketing efforts to them. Enterprise leaders and high-growth companies such as Adobe, GE, Salesforce.com, Oracle, Box, CSC, DocuSign, Dell and others use Demandbase to drive ABM and maximize their marketing performance. The company was named a Gartner Cool Vendor for Tech Go-To Market in 2016. More information can be found at https://www.demandbase.com or by following the company on Twitter @Demandbase.

 

SOURCE Demandbase

KUKA & BEET sign Value Added Reseller (V.A.R.) Agreement

AUGSBURG, Germany and STERLING HEIGHTS, MI, April 25, 2017 /PRNewswire/ - KUKA announced today that they have joined forces with BEET LLC. This agreement is part of KUKA's Industrie 4.0 strategy. KUKA will now be able to leverage BEET's industrial IoT technology as another tool in their Industrie 4.0 ECO-System and to offer BEET technology on KUKA solutions to add a unique value to its customers.

"We are excited to work with KUKA, whose global industrial leadership in automation systems will further strengthen BEET's presence in the global market. This will allow OEMs to access BEET IoT solutions with a respected and established leader standing behind it," said Ronny Chiang, President BEET Analytics Technology.

With this technology KUKA's customers will enjoy improved Original Equipment Efficiency (OEE) and will be able to lower maintenance costs by utilizing BEET's predictive capabilities.

"Leveraging BEET Analytics proprietary technology, KUKA will create and offer completely new services and applications for customers, increasing their efficiency and improving productivity," said Larry Drake, CEO at KUKA Systems Group.

"Our experts are developing individual solutions for our customers to make the new business concepts as successful as possible. In addition to that, KUKA already offers the best solutions for the future and service-oriented business concepts for which digitalization and flexibility are the enablers," said Frank Klingemann, President and CEO of KUKA Systems GmbH. With this data transparency in the shop floor digital services, for example a higher cycle time and availability, for an increase of the costumer added value can be reached.

KUKA Group

KUKA is a global automation corporation with sales of around 3 billion euro and around 13,000 employees. As leading global supplier of intelligent automation solutions KUKA offers its customers in the automotive, electronics, consumer goods, metalworking, logistics/e-commerce, healthcare and service robotics industries everything they need from a single source: from components and cells to fully automated systems. The KUKA Group is headquartered in Augsburg.

KUKA Systems is part of the KUKA Group and the reliable specialist for innovative joining and forming processes for a wide range of materials as well as one of the world's leading suppliers of automated production and assembly solutions for sustainable industrial manufacturing. The international system integrator stands out in systems, and special-machine engineering thanks to customer focus, technological leadership and superior solutions.

About BEET Analytics Technology
BEET Analytics Technology is a Smart Manufacturing solution provider founded in June, 2011 and provides Process Visibility System (PVS) built upon ENVISION, the software created by BEET. PVS is a new way to manage the manufacturing shop floor. It helps to transform the shop floor culture from reactive to proactive and enables predictive maintenance. The solution implemented through PVS will maximize the capacity of existing assets by reducing the unplanned downtime and increasing the production throughput, helping sustain higher throughput by providing pinpoint and accurate information to the right people at the right time. ENVISION takes advantage of its proprietary technology to collect, process and present data down to the motion of each device of a production line. ENVISION plays the vital role for manufacturers pursuing Industrial IoT, which, in turn, leads to Industry 4.0.

SOURCE KUKA Systems North America LLC

Aquinnah Pharmaceuticals Receives $10 Million Investment from Pfizer and AbbVie to Research Breakthrough Approach to Neurodegenerative Disease

CAMBRIDGE, Mass., April 25, 2017 /PRNewswire/ -- Aquinnah Pharmaceuticals, a privately held biotechnology company focused on RNA binding proteins for neurodegenerative disease, announced today that two additional pharmaceutical companies, Pfizer Inc. (NYSE:PFE) and AbbVie Inc. (NYSE:ABBV), have invested in Aquinnah's work to treat ALS (Amyotrophic Lateral Sclerosis), Alzheimer's disease and other neurodegenerative diseases. This $10 million adds to an earlier $5 million investment made by Takeda Pharmaceuticals in December 2015.

"We are excited to have the support of three world-class pharmaceutical companies to expand our drug development efforts from ALS into new RNA binding proteins known to modulate Tau, one of the hallmark pathological proteins involved in Alzheimer's disease," said Glenn Larsen, Ph.D., Aquinnah's President and Chief Executive Officer.

While the scientific community has spent years studying neurofibrillary tangles and b-amyloid plaques, Dr. Ben Wolozin, M.D., Ph.D., Aquinnah's Chief Scientific Officer, believes the newly discovered role for RNA binding proteins in the biology of Tau protein provides an essential, previously undetected key to better understand Alzheimer's disease. "We discovered that RNA binding proteins play a critical role in brain deterioration, cognitive loss and life expectancy reduction in mouse models of Alzheimer's disease. Targeting these pathways are expected to yield new therapies for the treatment of  Alzheimer's disease."

"There continues to be a substantial need to combat neurodegenerative diseases like Alzheimer's disease and ALS," said Scott Brun, M.D., Head, AbbVie Ventures, AbbVie. "Aquinnah's research approach, developed by world-class scientific and drug development leaders, could offer valuable advances to treat these debilitating, progressive brain diseases and complements AbbVie's ongoing neuroscience research efforts."

"We believe Aquinnah's novel approach to ALS and Alzheimer's disease is one of the most promising developments in neurodegenerative disease today. We see the potential for multiple approaches to these diseases based on the company's work. Neurodegenerative disease remains one of Pfizer's top priorities and we are committed to supporting Aquinnah's research," said Morris Birnbaum, M.D., Ph.D., Senior Vice President, Chief Scientific Officer of Internal Medicine, Pfizer.

Aquinnah Pharmaceuticals is committed to restoring the health of people with ALS, Alzheimer's disease and other neurodegenerative diseases. The company has developed a revolutionary approach that has the potential to arrest, and possibly reverse these diseases. Aquinnah was chosen as the Most Innovative Neurodegenerative Research Company in 2016 by New Economy Magazine. To learn more, please visit: aquinnahpharmaceuticals.com.

 

SOURCE Aquinnah Pharmaceuticals

KP Building Products invests $3.2 million in its Farley Window and Patio Door Division

ALEXANDRIA, ON, April 25, 2017 /PRNewswire/ - KP Building Products is proud to announce a $3.2 million investment in its Farley Brand of Window and Patio door manufacturing facility. The investment includes a state-of-the-art painting facility as well as additional manufacturing equipment to its window operation in order to meet the increased demand for Farley branded PVC windows and doors. These investments solidify KP Building Products' commitment to growth and will allow us to better service and grow with our customer base and positions the Farley brand as one of the preferred window and patio door suppliers in the North American window industry.

The company was purchased by KP Building Products in 2014 and has witnessed exceptional growth over the last 3 years as a result of structured investment and innovation programs. Farley Windows and Doors are an integral part of the KP Building Products Group which offers a full array of products for both the exterior and interior of the home. A skilled workforce of 200 people is employed at its North American facility.

Lionel Dubrofsky, President of KP Building Products stated, "With today's announcement, this important investment project confirms Farley Window and Door's  leadership position in the PVC window and patio door industry and allows us to further enhance our leading edge window and door offering for our customers. KP Building Products has invested heavily into the Farley brand and in its product development, launching world class innovations such as its renowned VERTEX 3 window technology which was a first when it was launched and is still unmatched in the window and patio door industry today".

About KP Building Products®

KP Building Products® is a leading vertically integrated manufacturer of vinyl and siding and accessories, PVC and Alum Hybrid windows and PVC Patio Doors with over 600 employees operating 6 manufacturing facilities across North America. The company's products are sold throughout the world to retailers and distributors. More information at: www.farleywindows.com

 

SOURCE KP Building Products

Criteo To Present At The 2017 Jefferies Technology Group Investor Conference

NEW YORK, April 25, 2017 /PRNewswire/ -- Criteo S.A. (NASDAQ: CRTO), the performance marketing technology company, today announced that Benoit Fouilland, CFO, will present at the 2017 Jefferies Technology Group Investor Conference, to be held at The Mandarin Oriental Hotel in Miami, Florida, on Tuesday, May 9, 2017, at 8:30 am Eastern Time.

A live audio webcast of the presentation will be available at http://wsw.com/webcast/jeff104/crto. A replay of the presentation will subsequently be available on the Company's investor relations website at http://ir.criteo.com.

About Criteo

Criteo (NASDAQ: CRTO) delivers personalized performance marketing at an extensive scale. Measuring return on post-click sales, Criteo makes ROI transparent and easy to measure. Criteo has over 2,500 employees in 30 offices across the Americas, EMEA and Asia-Pacific, serving over 14,000 advertisers worldwide and with direct relationships with thousands of publishers.

For more information, please visit www.criteo.com.

 

SOURCE Criteo S.A.

Rubikloud Selects Microsoft Azure as the Preferred Platform to Bring Machine Learning to Retail Customers

TORONTO, April 25, 2017 /PRNewswire/ -- Rubikloud™, the machine intelligence platform turning omni-channel retailers into modern data-driven innovators, today announced it has selected Microsoft Azure as the preferred platform to power its retail-focused machine learning products. This announcement is significant because it is bringing terabytes of insightful data to Azure from enterprise customers using Rubikloud's Rubicore platform, Customer LifeCycle Manager and Promotion Manager products.

This announcement also falls on the heels of Rubikloud's decision to deploy Azure for its existing partnership with A.S. Watson Group (ASW), the largest international health and beauty retailer in Asia and Europe. Following successful implementation of Azure for A.S. Watson, Rubikloud selected Azure as a preferred platform for future enterprise retail customers given Azure's flexibility and support in managing hundreds of terabytes of retail data. Rubikloud's packaged cloud-based products have extracted and integrated hundreds of terabytes of data from its retail customers' legacy systems, unlocking astonishing efficiency for merchandising, loyalty programs, dynamic pricing, stock-out reduction, and more.

"We're at the tipping point for machine learning applications for retailers, and the catalyst to this adoption is elastic cloud computing," said Kerry Liu, Rubikloud CEO. "We chose Microsoft Azure as the preferred platform because we are processing more data than everyone in the retail industry except Walmart and Amazon. With Azure, we can connect a retailer's legacy systems to Rubikloud's products in weeks, ultimately integrating Azure into the retail ecosystem globally."

Brendan O'Meara, senior director of Worldwide Retail at Microsoft Corp. added, "Rubikloud's machine learning solutions are a powerful way for retailers to quickly gain ROI with machine-generated campaigns that reduce cannibalization, missed cross- and up-selling opportunities, pricing errors, and more. We see huge potential for retailers to leverage machine learning to create more personalized experiences for partners."

Rubikloud's embedded machine learning turns retailers' online and offline data into revenue, and Azure's elastic cloud infrastructure helps those retailers use just the infrastructure they need, when they need it.

Rubikloud Promotion Manager offers the following advantages for retail enterprises:

  • Automatically create promotions, predict pricing, and prevent stock-outs
  • Predict how product launches will perform in market by continuously learning from market behaviors
  • Increase incremental sales by 5-10% within weeks  

Rubikloud Customer LifeCycle Manager provides the following advantages for retail enterprises:

  • Automatically create machine-generated campaigns for any channel, any individual, or any customer segment
  • Migrate customers up the lifecycle to capture more loyalty and revenue
  • Engage customers via email, SMS, direct mail, store associate app, and e-commerce based on historical preferences

About Rubikloud
Rubikloud is a leading machine intelligence platform for retailers. Rubikloud's big-data architecture fields retailer data from multiple sources, then cleans and processes it — making it compatible with advanced machine-learning techniques. Rubikloud employs its unrivaled data science to understand customer behaviors, ranging from product affinity and price sensitivity, to response prediction and demand forecasts. The Toronto-based company, founded by CEO Kerry Liu, currently works with over a dozen global multi-billion dollar retailers. Investors include Horizons Ventures, which manages the global technology investments of Li Ka Shing, Access Industries, and the MaRS Investment Accelerator Fund. For more information, please visit: www.Rubikloud.com

Press Contacts:
Laura Leslie 
Marketing & Communications Manager
Rubikloud
laura.leslie@rubikloud.com
+1 (647) 523-0332          

CJ Huntzinger
Spark for Rubikloud                               
rubikloud@sparkpr.com
+1 (646) 291-6017

 

SOURCE Rubikloud

Corporate One and D+H Collaborate to Expand Credit Union Access to Real-time Payments

NEW YORK, April 25, 2017 /PRNewswire/ - DH Corporation (TSX: DH) ("D+H"), a leading provider of technology solutions to financial institutions globally, today announced that Corporate One Federal Credit Union, one of the nation's largest and most innovative corporate credit unions, is working with D+H to expand access to real-time payments among its member credit unions.

Using D+H's cloud-based testing environment for U.S. real-time payments, Corporate One is now exploring real-time payment use cases relevant to the credit union marketplace. These include immediate bill-pay, request-to-pay workflows, person-to-person non-commerce payments, and business-to-business just-in-time payments to suppliers, among others. Early testing on D+H's cloud-based testing environment shows that Corporate One can obtain critical insight regarding the operational facets of each real-time payments use case. As a result, real-time payments promise to enhance operational efficiencies and offer the potential to bring new members to credit unions.

"Corporate One is committed to ensuring that credit unions can have the right set of innovative products and services to enhance and solidify their consultative position with their members, and remain competitive in a rapidly changing marketplace," says Keith Riddle, EVP, Enterprise Solutions Development at Corporate One. "As immediate payments gain traction in the United States, Corporate One is leveraging a set of development strategies, including member innovation feedback sessions, in order to ensure there is a clear understanding of the trends that are driving faster payments technologies, as well as the benefits associated with various use cases for credit unions and their members."

"D+H is very pleased to support Corporate One's continued track record of success and innovation in providing the latest technologies to its credit union members," says Moti Porath, Head, Product Management, Global Payments Solutions, D+H. "We share Corporate One's vision that real-time payments will profoundly change the payments landscape in the United States, and are excited about the opportunity to help them drive early awareness and evaluate prospects for adoption in the credit union market."

About D+H
D+H (TSX: DH) is a leading financial technology provider that the world's financial institutions rely on every day to help them grow and succeed. Our global payments, lending and financial solutions are trusted by nearly 8,000 banks, specialty lenders, community banks, credit unions, governments and corporations. Headquartered in Toronto, Canada, D+H has more than 5,500 employees worldwide who are passionate about partnering with clients to create forward-thinking solutions that fit their needs. With annual revenues in excess of $1.6 billion, D+H is recognized as one of the world's top FinTech companies on IDC Financial Insights FinTech Rankings and American Banker's FinTech Forward rankings. For more information, visit dh.com.

About Corporate One
Corporate One Federal Credit Union is one of the nation's largest and most progressive cooperative corporate credit unions with more than $5.2 billion in assets under management, serving nearly 825 credit unions nationwide. Corporate One offers a full menu of payments, investments and funding services to help credit unions grow their bottom line, manage cash effectively through The One Account, streamline member acquisition, and succeed in the digital payments arena. For more information on Corporate One, please visit www.corporateone.coop.

SOURCE DH Corporation

Roopesh Shah to Join Evercore as Senior Managing Director in its Restructuring & Debt Advisory Group

NEW YORK, April 25, 2017 /PRNewswire/ --

Evercore (NYSE: EVR) announced today that Roopesh Shah will join the Firm's Investment Banking business as a Senior Managing Director in its Restructuring and Debt Advisory Group. Mr. Shah, who will be based in New York, will focus on providing corporate restructuring and financing advice to companies, creditors, and other stakeholders in both North America and Europe. 

Mr. Shah was most recently a Managing Director and Global Head of the Restructuring Finance and Advisory Group at Goldman Sachs & Co. From 2012 to 2015, Mr. Shah was based in London, where he was Head of EMEA Restructuring Finance and Advisory. Prior to joining Goldman Sachs in 2006, he was with Miller Buckfire & Co. and Wasserstein Perella & Co. Mr. Shah has 20 years of experience in a broad range of corporate finance activities, including restructurings, mergers and acquisitions, and debt and equity financings. He has completed distressed advisory and financing transactions across numerous industries, including engagements for Alcatel-Lucent, Arcapita, Associated Materials, ATU, California Resources, Chesapeake Energy, Claire's Stores, Cobalt International Energy, Comverse Technologies, Edcon, hibu, Imtech, Isola, Keystone Automotive, Movie Gallery, Norske Skog, Pfleiderer, Sea Island, Select Staffing, Selecta, Sequana, Spectrum Brands, Targus, Tronox, Wastequip, Zekelman Industries, and The Yellowstone Club.

Ralph Schlosstein, Evercore's President and CEO, said, "We are extraordinarily pleased to have a banker of Roopesh's experience and reputation join Evercore's world-class restructuring and debt advisory platform. He embodies the Evercore culture of providing commitment, dedication, and creativity to help our clients navigate their most challenging strategic and financial situations. Roopesh's global expertise advising on and arranging financing for a broad array of complex restructuring transactions will further enhance our restructuring business."

Roger Altman, Evercore's Founder and Senior Chairman, said, "Evercore has one of the truly leading restructuring and debt advisory practices in the world and Roopesh will strengthen these capabilities even further. He brings an extensive network of relationships, along with substantial restructuring and debt advisory experience across a wide range of industries and geographies, and an impeccable reputation for providing creative advice and high-quality execution."

Mr. Shah has a Bachelor of Science in Economics from the Wharton School of the University of Pennsylvania and is currently an Associate Fellow of Finance at the Saïd Business School of the University of Oxford.

About Evercore
Established in 1995, Evercore is a leading global independent investment banking advisory firm. Evercore advises a diverse set of investment banking clients on a wide range of transactions and issues and provides institutional investors with high quality equity research, sales and trading execution that is free of the conflicts created by proprietary activities. The Firm also offers investment management services to high net worth and institutional investors. With 28 offices and affiliate offices in North America, Europe, South America and Asia, Evercore has the scale and strength to serve clients globally through a focused and tailored approach designed to meet their unique needs.  More information about Evercore can be found on the Company's website at www.evercore.com.

Investor Contact:      

Robert B. Walsh


Chief Financial Officer, Evercore


+1.212.857.3100



Business Contact:       

Timothy LaLonde


COO, Investment Banking, Evercore


+1.212.857.3131



Media Contact:        

Dana Gorman 


The Abernathy MacGregor Group, for Evercore


+1.212.371.5999

SOURCE Evercore

Element Data Closes $1.7M Seed Round Led By Prominent Investors

Archibald Cox, Jr., Former Chairman of Barclays Americas Leads Round

SEATTLE, April 25, 2017 /PRNewswire/ -- Element Data, Inc., a decision support software platform that harnesses artificial intelligence and machine learning to power decisions worldwide closed a $1.7M seed round on April 20, 2017.

Archibald Cox, Jr., also known as Archie, led the seed round. Mr. Cox has more than 50 years of financial and management experience at the executive level. He served as Chief Executive Officer of Morgan Stanley International and as the Chairman of Barclays Americas and several private companies. Mr. Cox holds a Bachelor's Degree in Economics from Harvard College and an M.B.A. from the Harvard Business School.

"Leading global businesses at the executive level for over 40 years, I've seen my fair share of decisions both good and bad," said Archibald Cox, Jr., lead investor in Element Data, Inc. "You shouldn't have to stress to be confident about your decisions, and Element Data aims to fix that through cognitive computing," Cox said. 

"We are harnessing the power of machine learning and artificial intelligence to help people be more confident in their decisions," Element Data CEO Geoff McDonald said. "We're not in the technology, polling or survey business. We're in the confidence business. We know that when individuals and organizations are confident in the decisions they make, they execute more effectively," McDonald said.  

Element Data is using seed round funds to build a world-class team of artificial intelligence and machine learning engineers to further develop product.

Additional investors include several technology executives including:

  • Stephen Lawler, a former Vice President at Amazon.com and 15-year veteran of Microsoft with roles including CTO of Bing Maps, General Manager of Software Development for Bing Mobile, Local Search, MSN and Virtual Earth.
  • Erik Jorgensen, the Chairman of Vexcel Imaging and a former Corporate Vice President and 20-year veteran at Microsoft. He was also a brand manager at Procter & Gamble.
  • Scott Moore, CEO of Ad Lightning and former President of MSNBC.com and Senior Vice President at Yahoo!
  • Matt Sauri, CEO of Wimmer Solutions
  • Capital BW LLC, run by Lea Wiviott and Marc Boracchia, San Francisco based angel investors.

Element Data, Inc. is headquartered in Seattle, WA.

Press Contact:
Cyrus Krohn
Element Data, Inc.
info@elementdata.com
(858) 633-7359

 

SOURCE Element Data, Inc.