Day: June 3, 2022

Posted on

Devo Announces $100 Million Funding Round Led by Eurazeo to Fuel Global Expansion and Acquisitions

Cloud-Native Logging and Security Analytics Leader Boosts Valuation to $2 Billion

CAMBRIDGE, Mass., June 02, 2022 (GLOBE NEWSWIRE) — Devo Technology, the cloud-native logging and security analytics company, today announced $100 million in Series F funding at a valuation of $2 billion. Eurazeo—a leading global investment firm with over $30 billion in assets under management—led the round, and all other existing investors—Insight Partners, Georgian, TCV, General Atlantic, Bessemer Venture Partners, Kibo Ventures—also participated. Additionally, ISAI Cap Venture provided a strategic investment in the round. The round brings the total capital raised to more than $500 million. The new funding will fuel growth in new regions and verticals, accelerate Devo’s delivery of the “autonomous SOC” and fund potential new M&A expansion.

The funding round comes on the heels of Devo’s acquisition of Kognos, the AI-powered threat hunting pioneer, which marked a key step in delivering what Devo calls the autonomous SOC— complete visibility, automation, analytics, and open access to community expertise and content.

“Security teams are facing more threats than ever—regardless of industry or geography—and that challenge is compounded by the difficulty of hiring and retaining talent, a lack of visibility into the full attack surface, and the speed and scale necessary to keep up with not just growing threats, but the growth of their organizations,” said Marc van Zadelhoff, CEO of Devo. “This round of funding allows us to deliver on the autonomous SOC through continued innovation of our technology, expand to more regions to serve more customers, and consider more M&A opportunities. We’re thrilled to have instilled such confidence in our investors that they continue to support our innovation and the value we deliver to customers.”

Devo will continue to drive expansion in new verticals and geographies, particularly the public sector and the Asia-Pacific (APAC) region. In February, Devo announced it was designated as Federal Risk and Authorization Management Program’s (FedRAMP) “In-Process” and expects to reach full authorization in the fall of 2022. Devo has also seen substantial growth in the APAC region, including adding energy provider Powerco as a customer and deploying an in-region AWS environment for customers and partners.

“Devo has proven to be a disruptive force in the security analytics market and we believe in its vision to fundamentally change the way organizations secure their data,” said Guillaume d’Audiffret, Managing Director at Eurazeo, who joins the Devo Board. “It is setting a pace for innovation that will enable its customers to meet the ever-growing challenges facing security teams and we look forward to continuing our work together with Devo and fellow investors to further develop its market leadership.”

The round comes as Devo closes out an impressive fiscal year of aggressive growth, including:

  • Nearly 100% annual revenue growth
  • Nearly 100% customer growth for the year, including Sonos, AT&T, and Unisys
  • Achieving FedRAMP “In-Process” status, and adding public sector customers including Ivy Tech Community College and Oklahoma University
  • Surpassing 500 employees across North America, Europe, and APAC, including 91 new hires so far in 2022
  • Acquisition of Kognos, an AI-powered security automation innovator
  • Launch of Devo Exchange, a community-based application marketplace for Devo customers and partners

The funding announcement coincides with the launch of a newly established team of security researchers and data scientists to form Devo SciSec, led by Chief Technology Officer, Gunter Ollmann.

About Devo
Devo is the only cloud-native logging and security analytics platform that releases the full potential of your data to empower bold, confident action. With unrivaled scale to collect all of your data without compromise, speed to give you immediate access and answers, and clarity to focus on the signals that matter most, Devo is your ally in protecting your organization today and tomorrow. Headquartered in Cambridge, Massachusetts, with operations in North America, Europe and Asia-Pacific, Devo is backed by Insight Partners, Georgian, TCV, General Atlantic, Bessemer Venture Partners, Kibo Ventures and Eurazeo. Learn more at www.devo.com.

Devo PR Contact:
Shannon Todesca
shannon.todesca@devo.com
+1 (781) 797-0898

Posted on

The Celebrations of June 2nd, at the Italian Embassy

This year again in attendance, after two years of limitations imposed by the pandemic

Ambassador of Italy to the United States Mariangela Zappia on Thursday, June 02, 2022 in Washington.

Ambassador of Italy to the United States Mariangela Zappia on Thursday, June 02, 2022 in Washington.

WASHINGTON, June 03, 2022 (GLOBE NEWSWIRE) — It is the values of the Constitution, born from the referendum held 76 years ago, which require Italy to take sides with Ukraine in the face of Russian aggression. This was recalled by the Italian ambassador to Washington, Mariangela Zappia, in the speech delivered in front of the approximately one thousand participants in the celebrations of June 2nd, at the Italian embassy. In quoting the words of the head of state, Sergio Mattarella – “The Italian Republic is firmly committed to finding ways out of the conflict that lead to the withdrawal of the occupying troops and the reconstruction of Ukraine,” – Ambassador Zappia stressed that the Italians are “alongside Ukraine and work for peace”. This commitment, “We owe it to the Ukrainians, but we also owe it to ourselves,” because “being alongside Ukraine means protecting the ideals of freedom and democracy that we have steadfastly pursued for over 70 years”. Zappia then underlined the strong, special and exemplary relationship that binds Italy and the United States, since the foundation of the Republic.

The words of Ambassador Zappia, preceded by the national anthems performed by the Italian-Brazilian singer Gaia, were followed by those of the Assistant Secretary of State for Europe, Karen Donfried, who thanked Italy for its role as a “valued” NATO ally and EU partner. The United States and Italy, Donfried said, recalling Prime Minister Mario Draghi’s recent visit to the White House and the “excellent” meeting with President Joe Biden, are “alongside Ukraine” and “defending freedom” in the face of Russian aggression. And Italy, Donfried said, responded with “great generosity and determination in this moment of crisis”.

The celebrations for June 2 this year were again in attendance, after two years of limitations imposed by the pandemic. In addition to underlining the link between Rome and Washington, the celebrations for the birth of the Italian Republic were also an opportunity to showcase the best of Made in Italy. This year the focus was on sustainability, innovation, creativity and culture. The gardens and the large hall of the embassy were a showcase ​not only for the most celebrated products of Italian agri-food industry in the USA, but also for  three iconic Lamborghinis, forming the Italian Tricolore. Guests were also able to admire an electric Fiat 500, an electric Vespa and Bianchi electric bicycles.

Made in Italy mobility was also represented by the newly launched airline ITA, as well as by Enel X columns for charging electric vehicles and by an Eni stand in which the group’s commitment to sustainability and energy transition was enhanced. Amazon Italy was also present this year, together with four Italian SMEs, whose products are available on the group’s platform in the USA.

For more information:
LaPresse SpA Communication and Press Office Director
Barbara Sanicola – barbara.sanicola@lapresse.it

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9fb3563e-49e8-4b31-a301-5e793219be65

Posted on

Constellation Brands to Report First Quarter Fiscal 2023 Financial Results; Host Conference Call June 30, 2022

VICTOR, N.Y., June 02, 2022 (GLOBE NEWSWIRE) — Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced today it will report financial results for its first quarter ended May 31, 2022, on Thursday, June 30, 2022, before the open of the U.S. markets. A conference call to discuss the financial results and outlook will be hosted by President and Chief Executive Officer, Bill Newlands, and Executive Vice President and Chief Financial Officer, Garth Hankinson, at 10:30 a.m. EDT, June 30, 2022.

The conference call can be accessed by dialing +1-877-407-9121 and entering conference identification number 13730234, beginning at 10:20 a.m. EDT. A live, listen-only webcast of the conference call will be available on the company’s website at ir.cbrands.com under the News & Events section. When the call begins, financial information discussed on the conference call, and a reconciliation of reported (GAAP) financial measures with comparable or non-GAAP financial measures, will also be available on the company’s website under the Financial History section. For anyone unable to participate in the conference call, a replay will be available on the company’s website.

ABOUT CONSTELLATION BRANDS
At Constellation Brands (NYSE: STZ and STZ.B), our mission is to build brands that people love because we believe sharing a toast, unwinding after a day, celebrating milestones, and helping people connect, are Worth Reaching For. It’s worth our dedication, hard work, and the bold calculated risks we take to deliver more for our consumers, trade partners, shareholders, and communities in which we live and work. It’s what has made us one of the fastest-growing large CPG companies in the U.S. at retail, and it drives our pursuit to deliver what’s next.

Today, we are a leading international producer and marketer of beer, wine, and spirits with operations in the U.S., Mexico, New Zealand, and Italy. Every day, people reach for our high-end, iconic imported beer brands such as Corona Extra, Corona Light, Corona Premier, Modelo Especial, Modelo Negra, and Pacifico, our fine wine and craft spirits brands, including The Prisoner Wine Company, Robert Mondavi Winery, Casa Noble Tequila, and High West Whiskey, and our premium wine brands such as Meiomi, and Kim Crawford.

But we won’t stop here. Our visionary leadership team and passionate employees from barrel room to boardroom are reaching for the next level, to explore the boundaries of the beverage alcohol industry and beyond. Join us in discovering what’s Worth Reaching For.

To learn more, follow us on Twitter @cbrands and visit www.cbrands.com.

MEDIA CONTACTS INVESTOR RELATIONS CONTACTS
Mike McGrew 773-251-4934 / michael.mcgrew@cbrands.com Patty Yahn-Urlaub 585-678-7483 / patty.yahn-urlaub@cbrands.com
Amy Martin 585-678-7141 / amy.martin@cbrands.com

A downloadable PDF copy of this news release can be found here: http://ml.globenewswire.com/Resource/Download/03aaa13d-99cd-43b7-b097-aa023aba3e36

Posted on

Great Start for the Festival of Economics in Trento

THE FESTIVAL OF ECONOMICS IN TRENTO

THE FESTIVAL OF ECONOMICS IN TRENTO

TRENTO, Italy, June 02, 2022 (GLOBE NEWSWIRE) — Festive atmosphere during the Festival of Economics, which started this morning with great participation, especially among young people.

Organised by the Autonomous Province of Trento, through Trentino Marketing and the Gruppo 24 ORE in collaboration with the University of Trento and the Municipality of Trento, the Trento Festival of Economics is now in its 17th edition.

The rooms were full of people at Palazzo Geremia to attend the dialogue between Ambassador Giampiero Massolo (President of ISPI and Atlantia) and Giuseppe De Bellis, Director of Sky TG24, as well as at Palazzo della Regione to see the acclaimed Tawakkul Karman, Nobel Peace Prize winner, the activist born in 1979 in Yemen, President of the Foundation that bears her name and founder of Journalists without Chains in 2005. And then at the Sala della Cooperazione for the meeting ‘Art 45, Constitution and Cooperatives: an indissoluble bond’, the Filarmonica where many people listened to Giovanni Tria.

In the afternoon, the Opening Ceremony of the event was held, opened by the dialogue between writer Silvia Avallone and Cardinal Gianfranco Ravasi, President of the Pontifical Council for Culture, who then gave the speech “For a new philosophy of development, between ethics and spirituality”.

On the occasion of the opening at 7.30 pm, there will be a concert by the Violin Museum Foundation of Cremona where the public will listen to the sound of a Stradivari violin played by violinist Clarissa Bevilacqua accompanied by pianist Yu Nitahara, thanks to the collaboration of the Antonio Stradivari Violin Museum Foundation.

The first day will end with two appointments of the Fuori Festival, the original and innovative programme of meetings with ‘educational’ and ‘engagement’ activities dedicated to children and students and with infotainment appointments for families and the broader public: at 8 pm the live show of the Radio 24 journalist and presenter expert on international current affairs and conflicts Giampaolo Musumeci in ‘Nessun luogo è lontano‘ (No place is far away) and at 9 pm the musical show of the Ciappter Ileven with ‘Antologia del serpente corallo’ (Anthology of the coral snake), a collection of the stories of swindlers, swindled people and swindlers told in their programme on Radio 24.

For more information:
LaPresse SpA Communication and Press Office Director
Barbara Sanicola – barbara.sanicola@lapresse.it

Festival dell’Economia di Trento
+39 0461 497930
web www.festivaleconomia.it
mail ufficiostampa@festivaleconomia.it

Posted on

SustainableIT.org Announces New Leadership Amid Official Launch

Global IT sustainability nonprofit to be led by former IDC VP, names new board members from multiple Fortune 500 companies

SustainableIT.org Board Photo Nasdaq Times Square

Nasdaq congratulates Delphix on its launch of SustainableIT.org

REDWOOD CITY, Calif., June 02, 2022 (GLOBE NEWSWIRE) — SustainableIT.org, the new nonprofit organization dedicated to advancing global sustainability through technology leadership, today announced its new executive director and additional board members, following its successful inaugural board meeting May 24 in New York.

SustainableIT.org is proud to name Kath Marston as its Executive Director and General Manager. Marston brings leadership development experience gained from serving as Group Vice President, Client Experience/Operations for IDC’s CIO Executive Council, having overseen a community of leading Chief Information Officers (CIOs) and top technologists across global organizations.

“I am extremely excited to lead this powerful agenda. Technology leaders can have a critical impact on global sustainability efforts, and our commitment to galvanizing these leaders to act is vital for the prosperity of businesses, humanity, and the entire planet,” Marston said.

Additionally, SustainableIT.org voted in seven members to its board of directors. Composed of influential CIOs, CTOs, and other CXOs from around the world.

SustainableIT.org’s newest board members are:

They join existing board members:

On June 8th, SustainableIT.org will host its European launch in Paris to raise awareness and drive critical mandates forward at a global scale. Its next board meeting and executive summit will be held at the Terranea Resort in Rancho Palos Verdes, CA, on August 15th where multiple SustainableIT.org board members will accept CIO 100 Awards shortly thereafter.

Companies are increasingly committing to maximizing sustainability within their operations, and most companies will have developed a roadmap and formally pledged to make sustainability a corporate-wide goal by 2025*, according to research from IDC. They will fulfill these pledges by using the latest tools and software to monitor and reduce power consumption, which makes a set of sustainability standards for the IT field all the more urgent to establish.

By uniting IT leaders and experts from around the world to define best practices and standard metrics for the United Nations’ three pillars of sustainability, SustainableIT.org is committed to driving transparency and progress toward a sustainable future.

“Our objective is to expand global awareness through a dedicated community of worldwide thought leaders, create education and positive awareness actions, measurable improvement in terms of sustainability management and improvement across technology executives,” Marston said. “Our passion is to inspire and make a better world for the next generation and generations to come.”

About SustainableIT.org

SustainableIT.org is a nonprofit organization focused on advancing global sustainability through technology leadership. Our mission is to define sustainable transformation programs by industry, author best practices and frameworks, set standards and certifications, provide education and training, and raise awareness for environmental and societal programs that make our organizations and the world sustainable for generations to come. Follow us on LinkedIn.

Delphix formed SustainableIT.org as a nonstock and nonprofit organization alongside CIOs from leading organizations around the world. SustainableIT.org is initially funded by Delphix (as founder and technical advisor) and by revenue generated from underwriters, alliances partnerships, event sponsorships and other program sponsors, such as research partners. Delphix support will be governed by a Business Management Agreement between Delphix and SustainableIT.org.

Source: *IDC FutureScape: Worldwide Sustainability 2022 Predictions – Oct. 2021

Contact:
Kathryn Alissa Marston
Executive Director and General Manager, SustainableIT.org
Phone: 1 (508) 808-3080
Email: Kathryn.Marston@sustainableIT.org

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6a306512-5160-4a3f-bfdc-7fb0a7df32a4

Posted on

18th ASEAN COF (May 2022, Online)

Eighteenth Session of the ASEAN Climate Outlook Forum (ASEANCOF-18)

image_gallery

24 and 26 May 2022, PAGASA
 

Consensus Bulletin for June-July-August (JJA) 2022 Season

The ASEAN Climate Outlook Forum (ASEANCOF) is an avenue to collaboratively develop consensus-based seasonal climate outlooks and related information on a regional scale. The forum’s outlook and its activities contribute significantly to one of the key roles of the ASEAN Specialised Meteorological Centre (ASMC), which is to conduct climate and seasonal prediction for the Association of Southeast Asian Nations (ASEAN) region through pooling the expertise of ASEAN National Meteorological and Hydrological Services (NMHSs). In 2021, the ASEANCOF Working Group was established with the goal to guide and support the long-term development of ASEANCOF, in particular with regard to the implementation of objective outlooks.
 
The Eighteenth session of ASEANCOF (ASEANCOF-18) was organised by the Philippine Atmospheric, Geophysical, and Astronomical Services Administration (PAGASA) in collaboration with the ASMC and the ASEANCOF Working Group. Participants from the NMHSs of ASEAN Member States created a consensus forecast for the boreal summer monsoon 2022 in the ASEAN region. The consensus for June-July-August (JJA) 2022 outlook was achieved through an online session, which included presentations from different NMHSs, questionnaires, and discussions regarding the current climate conditions and predictions in the Southeast Asia region. In particular, ASEANCOF considered the influence of the El Niño Southern Oscillation (ENSO) and the Indian Ocean Dipole (IOD) on the climate system over Southeast Asia. There was also a special focus on monsoon variability, with a presentation from the Regional Working Group on Asian-Australian Monsoon (AAM-WG).

image_gallery

 

Conditions and Outlook

Recent analyses of sea surface temperature (SST) anomalies over the equatorial Pacific show below average SSTs across the central and eastern tropical Pacific Ocean indicative of La Niña. The international climate outlooks predict that the La Niña is likely to weaken during JJA 2022, although still overall indicate La Niña conditions. After JJA 2022, most models predict the ENSO state to be either cool ENSO neutral or La Niña.

The current IOD state is neutral. Most models predict a negative IOD developing during JJA 2022, with some models predicting the said negative IOD to be strong.

The onset of the Southwest Monsoon season has been earlier than normal in many parts of Mainland Southeast Asia, and near normal in the Maritime Continent. Over much of Southeast Asia, the strength of the Southwest Monsoon is expected to be near normal or weaker than normal, based on model predictions.

Overall, the tropical cyclone frequency is expected to be near average in the Bay of Bengal, while below to near average around the South China Sea and in the Philippine Sea. As there is an expected weakening of La Niña in JJA 2022, no significant deviation from the climatology of tropical cyclone frequency is expected during the forecast period.

Taking into consideration the national level forecasts, the present state of the climate, and the forecasts available from the global prediction centres (GPCs), the ASEANCOF-18 agreed on the following consensus-based outlook for JJA 2022 in the ASEAN region:

RAINFALL

Over much of the southern ASEAN region, near to above normal rainfall is predicted. Near to above normal rainfall is predicted over Brunei Darussalam and many parts of Malaysia, with above normal rainfall predicted most elsewhere. The exceptions include parts of the western and eastern Maritime Continent, where near to below normal rainfall is predicted.

Over much of the northern ASEAN region, a mix of below to above normal rainfall is predicted. Near to below normal rainfall is predicted over the western and southeast portion of Mainland Southeast Asia, and northwest Philippines. Near to above normal rainfall is predicted over portions of northeast and southern Mainland Southeast Asia, and southern Philippines. Elsewhere in the northern ASEAN region, near normal rainfall is predicted.

TEMPERATURE

Near to above normal temperature is predicted over the ASEAN region. The highest likelihood of above normal temperature is over the southern Maritime Continent and Lao PDR, while near normal temperature is predicted over northern Myanmar, northern and central Viet Nam, and parts of the western Maritime Continent. An equal chance of near to above normal temperature is predicted over southern Myanmar, Thailand, Cambodia, southern Viet Nam, the Philippines, Malaysia, and Brunei Darussalam.

Refer to Annex A for reference on what is meant by “above, near, or below normal” in the outlook. For more information on the boreal (Northern Hemisphere) summer monsoon outlook and further updates on the national scale, the relevant NMHSs should be consulted (see Annex B).
 

Consensus Maps for JJA 2022 Season

The following maps provide the probabilistic outlooks for JJA 2022 season in terms of tercile categories of “Above Normal” (AN: upper tercile), “Near Normal (NN: middle tercile) and “Below Normal” (BN: lower tercile).
 

PROBABILISTIC RAINFALL OUTLOOK

image007

PROBABILISTIC TEMPERATURE OUTLOOK

image008
 

Meeting Documents

ASEANCOF-18 Outlook Bulletin
 

Acknowledgements

ASEANCOF would like to convey its appreciation to the NMHSs of the ASEAN Member States for sharing their national level forecasts, the GPCs, the Southeast Asia Regional Climate Centre – Network, and other partners of ASEANCOF for sharing their products and expertise, and the World Meteorological Organization Regional Office in Asia and the Southwest Pacific (WMO-RAP) for their continued support of ASEANCOF.