Wednesday, April 5, 2023
Marsh McLennan’s Mercer welcomes BT Super Members to create $63Bn* superannuation fund in Australia
(BUSINESS WIRE) -- Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people, today announced that its Mercer business completed the merger of BT Super into the Mercer Super Trust, creating one of Australia’s most competitive super funds. Mercer today also announced completion of the acquisition of Advance Asset Management Limited, further expanding its capability as a leading investment multi-manager in Australia.
The Mercer Super Trust is now one of the 15 largest funds in Australia with approximately 850,000 members and $63Bn* total assets under management. Mercer is one of the world’s leading retirement advisors and investment managers with $345 billion of assets under management and $16.5 trillion of retirement assets under advisement.*
“Redefining retirement and preparing for the new economy of longer lives is a priority for Mercer and our clients,” said Martine Ferland, President and CEO, Mercer. “Today, we take a meaningful step in our journey to build brighter financial futures and are pleased to offer hundreds of thousands of Australians increased investment choices and enhanced member experiences.”
Members also will have access to additional benefits and support services including Care & Living with Mercer and complimentary limited financial advice as it relates to their superannuation, and many members of the merged Mercer Super Trust will benefit from meaningful fee reductions.
David Bryant, CEO Marsh McLennan Pacific and President Mercer Pacific, said the merger will transform the superannuation sector for the ultimate benefit of Australians.
“We promised members that we would deliver them a market-leading offering in terms of benefits, performance and pricing and, today, we’re delivering on that promise,” Mr. Bryant said.
“Leveraging our global scale and the insights of our team of approximately 2,000 investment professionals around the world, Mercer Super members will benefit from being part of one of the most competitive super funds in Australia, and this is only the beginning.”
*Based on assets under management and assets under advisement as of 31 December 2022; shown on a combined basis for BT Super and Mercer Super.
About Marsh McLennan
Marsh McLennan (NYSE: MMC) is the world’s leading professional services firm in the areas of risk, strategy and people. The Company’s more than 85,000 colleagues advise clients in 130 countries. With annual revenue of over $20 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses. Marsh provides data-driven risk advisory services and insurance solutions to commercial and consumer clients. Guy Carpenter develops advanced risk, reinsurance and capital strategies that help clients grow profitably and pursue emerging opportunities. Mercer delivers advice and technology-driven solutions that help organizations redefine the world of work, reshape retirement and investment outcomes, and unlock health and wellbeing for a changing workforce. Oliver Wyman serves as a critical strategic, economic and brand advisor to private sector and governmental clients. For more information, visit marshmclennan.com and follow us on LinkedIn and Twitter.
About Mercer
Mercer believes in building brighter futures by redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being. Mercer’s approximately 25,000 employees are based in 43 countries and the firm operates in 130 countries. Mercer is a business of Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people, with 85,000 colleagues and annual revenue of over $20 billion. Through its market-leading businesses including Marsh, Guy Carpenter and Oliver Wyman, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment. For more information, visit www.mercer.com. Follow Mercer on Twitter @Mercer and LinkedIn.
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Contacts
Media Contact:
Erick Gustafson
Marsh McLennan
+1 202 263 7788
Erick.gustafson@mmc.com
Investor Contact:
Sarah DeWitt
Marsh McLennan
+1 212 345 6750
Sarah.dewitt@mmc.com
Tuesday, April 4, 2023
Brazilian Healthcare Technology Company Secures Sensitive Data With Thales
Brazilian healthcare company Funcional HealthTech uses Thales’ CipherTrust Data Security Platform to protect sensitive customer data
CipherTrust will help protect data from Functional HealthTech customers processing 17 million transactions per year
Strong safeguards against cyber-attacks on sensitive data helps Functional HealthTech gain new customers
(BUSINESS WIRE) -- Thales, a global technology leader, continues to create partnerships to take its innovations to various sectors of society, including health. The latest collaboration is with Funcional HealthTech in Brazil which is using Thales’ CipherTrust Data Security Platform to provide data security to more than 400 customers processing 17 million transactions per year from over 40,000 pharmacies in Brazil.
Funcional HealthTech has been accelerating business in the health sector in Brazil for over 20 years by developing technological solutions which help the health ecosystem work both smarter and more sustainably. The company offers exclusive solutions for the pharmaceutical industry, pharmacies, distributors, carriers, brokers and HR departments through loyalty programs, direct discounts in payroll and data analysis to help monitor patients' health.
All of these solutions rely on the secure storage of sensitive data from millions of patients in the company's hybrid IT infrastructure, which includes multiple cloud services and innovations such as artificial intelligence and big data. Funcional HealthTech selected Thales' CipherTrust Data Security Platform to help simplify and automate the protection of sensitive healthcare data flowing through complex on-premises and cloud systems, and to help achieve compliance with data protection regulations, such as the General Data Protection Law (LGPD) of Brazil.
The CipherTrust Data Security Platform is an integrated suite of data-centric security solutions that unify data discovery, classification, data security and granular access controls with centralized key management. The platform capabilities deployed by Funcional HealthTech provide strong protections against cyberattacks on sensitive patient data. CipherTrust Transparent Encryption provides data-at-rest encryption with centralized key management, privileged user access control, and detailed data access audit logging. This combination protects data wherever it resides, whether on-premises, across multiple clouds, or within large data and container environments. CipherTrust Tokenization provides pseudonymization or anonymization of sensitive information in databases, enabling data analysis without the risk of exposing sensitive data.
“Thales’ solution is helping us provide strong safeguards against cyber-attacks on sensitive data which is key in our ability to close multiple new customer deals,” said Wilson Achilles, Head of Infrastructure and Information Security at Funcional HealthTech.
“The healthcare industry is experiencing new and unique challenges to meet the growing demand for operational efficiency and security in this era of digitisation. The intersection between cybersecurity and healthcare is only expected to increase with the growth of digitisation within the segment. Thales’ CipherTrust solution and experience can help the industry ensure resilience and the protection of sensitive healthcare data,” Abílio Branco, Head of Data Protection Sales for Thales in Brazil.
For more information, download the full case study.
About Thales
Thales (Euronext Paris: HO) is a global high technology leader investing in digital and “deep tech” innovations — connectivity, big data, artificial intelligence, cybersecurity and quantum technology — to build a future we can all trust, which is vital to the development of our societies. The company provides solutions, services and products that help its customers — businesses, organisations and states — in the defence, aeronautics, space, transportation and digital identity and security markets to fulfil their critical missions, by placing humans at the heart of the decision-making process.
Thales has 81,000 employees in 68 countries. In 2021, the Group generated sales of €16.2 billion.
PLEASE VISIT
Thales Group
Cybersecurity Solutions | Thales Group
@Thalesgroup
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Contacts
PRESS
Thales, Media Relations
Security & Cybersecurity
Marion Bonnet
+33 (0)6 60 38 48 92
marion.bonnet@thalesgroup.com
ESAB Corporation Releases Inaugural Sustainability Report
Commits to 30% reduction in greenhouse gas emissions by 2030
(BUSINESS WIRE)--ESAB Corporation (“ESAB” or “the Company”) (NYSE: ESAB), has published its inaugural sustainability report, establishing benchmarks to evaluate progress on environmental, social, and governance (ESG) goals and committing to reduce absolute greenhouse gas (GHG) emissions 30% by 2030.
The inaugural sustainability report represents a continuation of ESAB’s commitment to environmental stewardship; enhancing diversity, equity, and inclusion among its associates; outreach within its local communities; and maintaining best-in-class corporate governance. It includes the Company’s commitment and approach to continuously improving workplace health and safety for the approximately 9,000 ESAB associates around the world.
“We are proud of our approach to advancing our sustainability program, which underscores our purpose of Shaping the world we imagine,” said Shyam P. Kambeyanda, President and CEO, ESAB Corporation. “We have a responsibility to be good corporate citizens who have a positive impact on the environment, and we are determined to build a positive and enduring legacy in the communities where we live and work. Our first sustainability report lays a foundation that supports the long-term growth of our enterprise and aligns with our core values and commitment to shaping a better world.”
Key highlights from ESAB’s inaugural sustainability report include:
- A commitment to reduce absolute global Scope 1 and Scope 2 GHG emissions at major manufacturing sites by 30% by the year 2030 from a 2022 baseline.
- Information about the Company’s industry-leading safety record, including its 2022 total recordable incident rate of 0.49.
- Details of new products designed to meet standards outlined in the European Ecodesign for Sustainable Products Regulation.
- Findings from energy management workshops, which identified significant opportunities for increased energy efficiency.
- A summary of diversity, equity, and inclusion efforts, including a leadership team today comprised of more than 67% women or racially/ethnically diverse individuals.
More information about ESAB’s sustainability journey can be found at www.ESABcorporation.com/sustainability, where the Company’s 2022 sustainability report is available for download.
About ESAB Corporation
Founded in 1904, ESAB Corporation (NYSE: ESAB) is a world leader in connected fabrication technology and gas control solutions. Our rich history of innovative products and workflow solutions and our business system (EBX) allow us to realize our purpose of shaping the world we imagine. ESAB Corporation is based in North Bethesda, Maryland and employs approximately 9,000 associates and serves customers in approximately 150 countries. To learn more, visit www.ESABcorporation.com.
Forward-Looking Statements
This press release contains certain forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are statements that are not historical facts, including statements regarding our ESG targets, goals, commitments, and programs, and other business plans, initiatives, and objectives. These forward-looking statements are based on our current expectations and are subject to risks and uncertainties, which may cause actual results to differ materially from our current expectations. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “forecast,” “outlook,” “intend,” “strategy,” “plan,” “may,” “could,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” or the negative thereof or variations thereon, or similar terminology generally intended to identify forward-looking statements. Our actual future results, including the achievement of our targets, goals, or commitments, could differ materially from our projected results as the result of changes in circumstances, assumptions not being realized, or other risks, uncertainties, and factors, many of which are outside of the Company’s control. Such risks, uncertainties, and factors include the risk factors discussed in Item 1A of our most recent Annual Report on Form 10-K and subsequent quarterly reports on Form 10-Q filed with the Securities and Exchange Commission. We urge you to consider all the risks, uncertainties, and factors identified above or discussed in such reports carefully in evaluating the forward-looking statements in this press release.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230403005277/en/
Contacts
Media:
Tilea Coleman
Vice President, Corporate Communications
E-mail: mediarelations@esab.com
Phone: 1-301-323-9092
Investor Relations:
Mark Barbalato
Vice President, Investor Relations
E-mail: investorrelations@esab.com
Phone: 1-301-323-9098
RevBits Sweeps the 2023 Globee Cybersecurity Awards Across Multiple Solutions and Categories
MINEOLA, N.Y. - Tuesday, 04. April 2023 AETOSWire
Cybersecurity Solutions provider RevBits named as one of ten Grand Trophy Winners and winner of multiple Gold, Silver and Bronze awards across its solution suite at the 19th Annual Globee Cybersecurity Global Excellence Awards.
(BUSINESS WIRE)--RevBits, winner in seven categories of the 2023 Globee Cybersecurity Awards®, continues to advance the state of cybersecurity solutions. The Globee Awards recognizes the world’s top providers by their organizational performance, innovations, products and services, leadership, initiatives, and more.
RevBits is pleased to be the recipient of seven awards in multiple categories.
Company-level awards:
Grand Trophy Winner
RevBits
Bronze | Cybersecurity Chief Technology Officer of the Year
Mucteba Celik, CTO, RevBits
Product-level awards:
Gold | Best Cybersecurity Solutions Consolidator
RevBits Cyber Intelligence Platform
Gold | Privileged Access Control, Security, & Management
RevBits Privileged Access Management
Silver | Endpoint Detection, Visibility & Response
RevBits Endpoint Security & EDR
Bronze | Email Security and Management
RevBits Email Security
Bronze | Zero Trust Security
RevBits Zero Trust Network
“It is rewarding to see that our company, people and products remain at the forefront for making a difference in a crowded market, where it is extremely difficult to distinguish between spectacular but unsubstantiated marketing claims and actual value delivered," said David Schiffer, CEO. “We are really proud to possess the technology differentiators and US patents to truly deliver on our promise of superior protection for our customers. Anyone can come to our website, try out our products and experience the difference firsthand.”
“Innovation is at the core of everything we do,” said Mucteba Celik, CTO. “We probably have the broadest footprint of any cybersecurity software vendor in the market. And still every single one of our products has innovative and unique features that make it stand out from other mainstream solutions. We have wider coverage with superior products. Once again it is gratifying to see this validated by the experts."
About RevBits
RevBits is a cybersecurity leader that delivers new levels of security IQ, using behavioral analysis, artificial intelligence, and machine learning, through RevBits Cyber Intelligence Platform (CIP). RevBits CIP is an extensible platform that can plug into Syslog, LogRhythm, Splunk, SIEM, and other log management and security platforms. The integrated dashboard, or mobile app, allows a CISO to see the status of all major components within their cyber defense.
RevBits is taking cybersecurity to the next level, innovating new capabilities with multiple patented technologies to ensure our competitive advantage. RevBits eliminates security gaps between siloed products that cannot integrate, correlate, or analyze unrelated alerts, logs, events, or behavior analytics. RevBits patented technology includes best-in-class cybersecurity modules and provides superior protection by seamlessly working together.
RevBits is headquartered in Mineola, NY with offices in Princeton, NJ; Boston, MA; Houston, TX; Antwerp, Belgium; and London, England. For more information on RevBits please visit www.revbits.com/about.
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Contacts
Neal Hesterberg
Vice President of Business Development
RevBits
neal.hesterberg@revbits.com
NetApp Appoints Haiyan Song Executive Vice President and General Manager of CloudOps Business
SAN JOSE, Calif. - Tuesday, 04. April 2023
Cloud Industry Veteran to Lead Company’s Rapidly Growing, Highly Strategic Business Unit
(BUSINESS WIRE) -- NetApp® (NASDAQ: NTAP), a global, cloud-led, data-centric software company, today welcomed Haiyan Song as the new Executive Vice President and General Manager of its Cloud Operations (CloudOps) Business. Song brings with her a wealth of industry experience and expertise, having most recently served as Executive Vice President and General Manager, Security and Distributed Cloud at F5.
In her new role, Song will serve as a key member of the executive leadership team and report directly to NetApp CEO George Kurian. Song will be responsible for leading NetApp’s CloudOps business, which delivers innovative solutions and services that enable organizations to harness the power and enormous potential of the cloud to drive business outcomes. She will work closely with NetApp’s global customers, partners, and product teams to extend NetApp’s hybrid, multi-cloud leadership.
“We are thrilled to welcome Haiyan to the NetApp team,” said George Kurian, CEO, NetApp. “Her highly relevant and successful experience, and deep understanding of the cloud, data and security market will be invaluable as we continue to help our customers navigate the complexities of their multi-cloud journeys.”
Prior to joining F5, Song held senior leadership positions at Splunk and HPE, as well as various engineering leadership roles at database management and ecommerce companies. Throughout her career, Song has been credited with implementing transformative initiatives that improved the competitive posture, and increased revenue in strategic business areas. She holds a master’s degree in computer science from Florida Atlantic University, has studied at Tsinhua University in China, and completed the Stanford University Graduate School of Business Executive Program.
“I am excited to join NetApp and lead the company’s efforts to be a strategic and operational partner to customers on their journey to the cloud and in the cloud,” said Haiyan Song, Executive Vice President and General Manager of CloudOps, NetApp. “Cloud is a key enabler for the new digital world powered by data and AI, but organizations of all sizes are still grappling with the complexities of developing and operating in multi-cloud environments. I look forward to working with the talented team at NetApp to deliver innovative solutions to help customers better manage this complexity and unlock the full potential of the cloud.”
About NetApp
NetApp is a global, cloud-led, data-centric software company that empowers organizations to lead with data in the age of accelerated digital transformation. The company provides systems, software and cloud services that enable them to run their applications optimally from data center to cloud, whether they are developing in the cloud, moving to the cloud, or creating their own cloudlike experiences on premises. With solutions that perform across diverse environments, NetApp helps organizations build their own data fabric and securely deliver the right data, services, and applications to the right people—anytime, anywhere. Learn more at www.netapp.com or follow us on Twitter, LinkedIn, Facebook, and Instagram.
NETAPP, the NETAPP logo, and the marks listed at www.netapp.com/TM are trademarks of NetApp, Inc. Other company and product names may be trademarks of their respective owners.
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Contacts
Press Contact:
Chris Drago
NetApp
1 (831) 900-8889
chris.drago@netapp.com
Investor Contact:
Kris Newton
NetApp
1 (408) 822-3312
kris.newton@netapp.com
Techstars State of Innovation Survey Finds Silicon Valley’s Crown is Slipping As Emerging Technology Hubs Gain Influence
BOULDER, Colo. - Tuesday, 04. April 2023
Insights on the state of innovation within the global early-stage startup ecosystem from more than 1,600 current, past and aspiring entrepreneurs and venture capital investors from across Techstars’ global network
(BUSINESS WIRE) -- Techstars, one of the largest pre–seed investors in the world, today released the results of its inaugural survey on the state of innovation within the global early-stage startup ecosystem. Entitled “Techstars 2023 State of Innovation Survey,” the report features insights based on the survey responses of more than 1,600 current, past and aspiring entrepreneurs and venture capital investors on how they view innovation on their home turf and around the world.
The research revealed that while entrepreneurs1 and VCs surveyed still view Silicon Valley as the most innovative global hub today, its influence is expected to decline over the next five years. Asked to select up to five hubs, close to two-thirds (63%) of respondents identified Silicon Valley as the most innovative hub today. However, when asked which hubs will be the most innovative in five years’ time, Silicon Valley’s share dips to under half (45%).
“Against a backdrop of ongoing market flux, the results of our survey reflect the shift away from traditional U.S. dominance of innovation, towards a multipolar age in which tech entrepreneurship flourishes globally – a trend which is underscored by our respondents’ conviction that Africa will leapfrog Western Europe this year by producing more startups,” said Maëlle Gavet, CEO of Techstars. “With today’s investors being able to source deal-flow worldwide and entrepreneurs able to build global businesses from anywhere, it is not surprising to us that we are seeing the potency of a single technology hub, such as Silicon Valley, recede. The results of our survey reaffirm that outstanding entrepreneurial talent is thriving all around the world, and also that innovation requires the support of an entire ecosystem.”
Key findings from the survey results include:
Regions: The majority of entrepreneurs and VCs surveyed (51%) consider Asia-Pacific (APAC) to be the most innovative region outside of the U.S. today, suggesting that APAC could soon challenge the historic dominance of the U.S.
Sectors: Nearly half of the entrepreneurs and VCs we surveyed predict that five years from now, HealthTech (51%) and Sustainability (44%) will be the two most innovative fields, indicative of the way founders are increasingly pursuing many of the biggest challenges of our era – from health and longevity to climate change and food resilience.
Firestarters: Innovation takes an ecosystem. Only one-quarter (26%) of respondents believe that VCs and angel investors will be the biggest driver of innovation over the next five years, with no single force or influence – such as governments or corporates – emerging as the dominant factor.
Founders’ Attitudes: Companies have been staying private for longer, and our survey confirms this trend with more than one-quarter (28%) of entrepreneurs saying their long-term goal is to remain private/independent. By comparison, just 16% are targeting an IPO and 7% are targeting an acquisition by private equity.
“Looking ahead, we expect competing forces to shape the innovation market in the coming months. The collapse of Silicon Valley Bank, and subsequent fallout, has made what was already a tight fundraising environment even tighter. Unable to fundraise or raise venture debt, some founders will simply run out of road. However, conversely, the wave of layoffs across the tech industry will help create a boom in early-stage innovation, as significant numbers of laid-off workers become entrepreneurs. We are also seeing increasing numbers of applicants to our programs tackling some of the biggest challenges of our lifetimes in areas such as HealthTech, Sustainability and the resilience of food supply,” added Gavet.
To read more about the survey results, download the complete research report here: Techstars 2023 State of Innovation Survey.
Methodology
Between December 2022 and January 2023, Techstars together with Hanover Research conducted an extensive survey of individuals across the global technology ecosystem to assess the state of innovation – from current, former and aspiring entrepreneurs to venture capital investors, consultants and commercial partners. The survey analysis includes responses from a total of 1,607 individuals following data cleaning and quality control. The survey was administered online and respondents were recruited via a contact list provided by Techstars Central LLC.
About Techstars
Techstars is one of the largest pre-seed investors in the world and has invested in more than 3,400 companies through its accelerators with a combined market cap of approximately $98 billion. Founded in 2006, Techstars began with three simple ideas—entrepreneurs create a better future for everyone, collaboration drives innovation and great ideas can come from anywhere. Now we are on a mission to enable every person on the planet to contribute to, and benefit from, the success of entrepreneurs. In addition to operating accelerator programs and venture capital funds, we do this by connecting startups, investors, corporations and cities to help build thriving startup communities. The Techstars worldwide network helps entrepreneurs succeed. www.techstars.com
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1 “Entrepreneurs” throughout this report encompasses current, past and aspiring entrepreneurs, unless otherwise specified.
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Contacts
Media:
Techstars:
Longacre Square Partners
Kate Sylvester / Olivia McCann
techstars@longacresquare.com
DigiLens Announces Launch of SRG+
SUNNYVALE, Calif.
SRG+ is set to revolutionize the industry by delivering reflective efficiencies at an HOE cost
(BUSINESS WIRE)--DigiLens Inc., a global leader in waveguide technology, is proud to announce the launch of SRG+, the next level of surface relief gratings (SRG) that advances DigiLens' current industry-leading volume Bragg gratings (VBG) with improved efficiency, uniformity, increased field of view, and compact form factor — all at a low price point, and with the ability to mass produce efficiently.
The SRG+ process is an extension of DigiLens’ well-established VBG technology. It results in an SRG structure that has no residual bias layer and best-in-class control over the creation of grating angles leading to industry-leading efficiency and minimal eye glow. This enables the highest-performing and most socially acceptable waveguide displays at a consumer price point.
Dr. Bernard Kress, president of SPIE, the international society for optics and photonics, said, “Over the past 50 years, Moore’s law pushed for successive IC fab technology revolutions. Over the past two decades, nanoImprint lithography (NIL) has been a great tool for 3D nanostructure replication, and resonated well with the Wafer Level Optics industry, providing new opportunities from Metalenses to AR waveguide gratings. The need for costly 3D etched masters has been a limitation for its adoption in consumer goods production, especially when the number of AR waveguides is low. With new challenges arising, such as higher aspect ratio high slant nanostructures without any residual layers over large areas, the industry is left with very few options. I am excited about DigiLens’ recent SRG+ developments, which provide a new, low-cost replication technology satisfying such drastic nanostructure requirements. The AR waveguides field is the tip of the iceberg as such novel nanostructures and related cost models create new design and application opportunities ranging from biotechnology to quantum and beyond.”
Features of SRG+ include:
Higher delta-n: Higher diffraction efficiency and wider angular response
S&P polarization: Ideal for microLED
No bias layer: Wider angle response with high index glass
Tall gratings: Gratings several microns in height with high >10:1 aspect ratios
Higher efficiency: Brighter/longer battery life
Wider field of view: Improved AR experience
Lighter weight: Fewer waveguides
Smaller footprint: Lighter/easier to style
Lower cost: Much lower cost of masters needed for manufacturing
High-performance plastic: Safer/lighter weight
Fast ramp-up to volume manufacturing: Simple manufacturing processes and fast cycle time for design optimization and waveguide manufacturing
Benefits of SRG+ include:
4 times standard SRG waveguide efficiencies at less than half the cost
Simple process extension to VBG
Ability to mix and match VBG and SRG+ structures to optimize for the application
Lowest eye glow metrics
Near reflective efficiency at a holographic HOE price
“With SRG+, we’ve unlocked the challenges associated with conventional surface relief gratings such as those made by NIL techniques, reaching unprecedented structure heights of many microns and aspect ratios that exceed 10:1, while retaining the low-cost manufacturing methodologies that underpin DigiLens’ technology,” says Alastair Grant, senior vice president of optical engineering, DigiLens Inc.
“Having a high-aspect ratio and no bias layer enables reduced stray light and higher efficiency, which can lead to improved performance of lightguide eye-pieces that enhance visual instruction and training to optimize workforce performance,” said Dave Velasquez, vice president and general manager, Corning® Gorilla® Glass. Corning Incorporated joined DigiLens’ Series D funding round as an investor in 2022. “There’s exciting potential for SRG+ to deliver these important attributes for the future of AR technology.”
About DigiLens
DigiLens is a leader in holographic waveguides used for XR displays. The company has developed a patented optical platform and photopolymer technology that delivers best-in-class solutions using a unique, low-cost contact-copy manufacturing process. DigiLens enables OEM partners to design and build XR-enabled devices for the global automobile, enterprise, consumer, avionics, and military industries. Based in Sunnyvale, CA, DigiLens investors include industry leaders like Samsung Electronics, Samsung Electro-Mechanics, Diamond Edge Ventures, the strategic investment arm of Mitsubishi Chemical Holdings Corporation, Alsop Louie Partners, Optimas Capital Management, 37 Interactive Entertainment, UDC Ventures, the corporate venture arm of Universal Display Corporation, Niantic, Inc., Sony Innovation Fund, Dolby Family Ventures, Continental AG, and more.
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Contacts
DigiLens Press Contact
Brian Hamilton
Brian.Hamilton@DigiLens.com