Voyage Auto Inc, the self-driving-car start-up, has just completed $31 million in Series B fundraising, which brings its total capital raised to $52 million.
Founded in 2017 by MacCallister Higgins and Oliver Cameron, Voyage’s mission to “build technology that brings self-driving cars to those that need it most” has attracted financial partnerships with Chevron Technology Venture, Jaguar Land-Rover’s InMotion Ventures, and Khosla Ventures. Franklin Templeton Investments led the Series B round of fundraising.
“Since investing in the company’s Series A in 2018, it’s been fantastic to watch the business go from strength to strength. They’ve shown us that they have the capability to quickly make self-driving, autonomous taxis in residential communities a reality, sooner than anyone would have thought,” said Sebastian Peck, Managing Director of Jaguar Land-Rover’s InMotion Ventures.
The Palo Alto, California-based start-up known for its self-driving taxi services in retirement communities has expanded its presence to Florida, where the cars navigate complex communities and deliver passengers to their doors at a maximum of 25 mph. While retirement communities have provided a controlled baseline to deploy their services, Voyage does not plan to stop there.
Voyage will use the funds to grow its talent base, expand the fleet of G2 model (Chrysler Pacifica Hybrid minivan), prepare to introduce the G3 model, and further develop its technology towards commercialization. Also, with this additional support, Voyage cars will be able to increase its speed in neighborhoods with a progressively more complex network of streets.
Voyage engineers have made significant strides in the safe-critical middleware, prediction systems, as well as its high-definition map navigation.
Since 2018, Voyage’s talent base has grown 300 percent. Voyage hired former Uber and Tesla employee Drew Gray as its Chief Technology Officer. David Bacchet, the company’s new Director of Autonomy, brings experience from Apple SPG and Tesla. Voyage has begun hiring for engineering, operations and leadership positions to maximize its expertise base.
The robo-taxi industry is projected to be worth $2 trillion by 2030, based on a thorough New York City simulation conducted by UBS Evidence Lab.
“The current number of taxis operating in New York alone could be cut by two-thirds once cars are fully autonomous,” the report said.
Venture Insurance Programs launches online platform for small business insurance
National insurance program administrator Venture Insurance Programs is introducing a new platform that will allow agents and brokers to better serve their small business clients.
The new Venture Small Business platform allows insurance professionals to quote and bind policies for over 150 classes of business within the same day. The platform will also provide several post-bind services such as direct billing, issuing ACORD certificates of insurance, policy document requests, and claims reporting/servicing.
Venture Small Business can quote and bind general and professional liability coverage for small businesses within the following industries:
Architecture and engineering
Marketing and public relations
Creative and design
Health, beauty & fitness
“Venture is pleased to offer this small business platform alongside our industry-specific products and services for agents and brokers,” said Venture Insurance Programs founder and president Phillip J. Harvey.
Harvey added that the dedicated online portal will assist producers in receiving quotes for their small business clients quickly and accurately, as well as in binding coverage.
Cloud Firewall Management Market Size will Grow profitably in upcoming year 2019-2025 | IBM Corporation, HP, Verizon, AT&T, Symantec, Fortinet, Secureworks, Centurylink
Cloud-based Firewall provides secure cloud adoption and also provides inbound and outbound internet access via a secured hosted gateway. It offers scalability with a rise in bandwidth, high availability through a robust infrastructure and backup strategies in case of a site failure, and availability beyond boundaries of any single service provider’s network. The cloud firewall management is a very interesting topic among enterprise security architects and employees.
Global Cloud Firewall Management Market Estimated to grow at a CAGR of +27% during forecast period
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Most of the public cloud firewalls are ordinary and offer little in terms of security configuration controls. With problems arising, developments have been made in the network to overcome the struggle with development & maintenance of network-based firewall rules set in the cloud. Currently, most of the vendors are trying to simplify firewall management and work on automation frameworks and platforms to help with rule management and monitoring.
Key Players Profiled in this Report includes, International Business Machines (IBM) Corporation, Hewlett Packard Enterprise (HPE), Verizon Communications, Inc., AT&T, Inc., Symantec Corporation, Fortinet, Inc., Solutionary, Inc., Secureworks, Inc., Computer Sciences Corporations, Centurylink, Inc.
Major Highlights of Our Report:
In-depth analysis of the Global Cloud Firewall Management Market
Strategic planning methodologies
Applicable and effective sales methodologies
Detailed elaboration on drivers, restraints, and opportunities
Analysis of different financial aspects
Tracking of global opportunities
Latest industry trends and developments
Various factors are responsible behind the market’s growth trail, which are studied at length in the report. In addition, the report lists down the restraints that are posing threat to the global Cloud Firewall Management market. It also gauges the bargaining power of suppliers and buyers, threat to the new entrants and product substitute, and the degree of competition prevailing in the market. The influence of the latest government guidelines is also analyzed in detail in the report. It studies the market’s trajectory between forecast periods.
Key questions answered in this report:
What will the market size and the growth rate be in the forecast year?
What are the key factors driving the global Cloud Firewall Management market?
What are the key market trends impacting the growth of the global Cloud Firewall Management market?
What are the challenges to market growth?
Who are the key vendors in the global Cloud Firewall Management market?
What are the market opportunities and threats faced by the vendors in the global Cloud Firewall Management market?
Trending factors influencing the market shares of the Americas, APAC, Europe, and MEA.
What are the key outcomes of the five forces analysis of the global Cloud Firewall Management market?
For More Information: https://www.researchnreports.com/enquiry_before_buying.php?id=71694
Table of Contents
Global Cloud Firewall Management Market Research Report
Chapter 1 Cloud Firewall Management Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Cloud Firewall Management Market Forecast
Google Pixel 4 could take advantage of Huawei’s troubles — but becoming a phone for the masses won’t be easy
Google could take advantage of the U.S. blacklisting of Huawei to gain market share with its new flagship smartphone, particularly in Europe, analysts say. But a lack of relationships with mobile carriers could hold back the company’s path to becoming a mass market player, they told CNBC.
The U.S. technology giant unveiled the Pixel 4 and Pixel 4 XL on Tuesday, a high-end smartphone with some new features like gesture control. It comes as Huawei remains on the U.S. Entity List restricting its access to American technology, including Google’s Android mobile operating system on which it relies in international markets. Huawei’s flagship device, the Mate 30, was released without licensed Google apps.
Analysts previously told CNBC that not having access to Google could hamper Huawei’s global ambitions. Now they’re suggesting that Google could take advantage of Huawei’s troubles.
“With Huawei facing huge challenges, particularly in Europe, now is the time for Google if it’s serious about moving the needle with Pixel,” Geoff Blaber, vice president of Americas research at CCS Insight, said in a note.
‘Vacuum’ in Europe
However, headwinds remain and could make it tough for Google to challenge Huawei, even with the Chinese technology giant’s current issues.
Google’s smartphone strategy under its older Nexus lines of phone was not really about mass market scale. Instead, it used to release the devices to show off the best of what its Android software had to offer so other vendors could follow.
But recently, with the Pixel line of phones, it has become serious about being a big handset player. Rick Osterloh, Google’s senior vice president of devices and services, told The Verge in 2017 that the company hopes to be selling in “high volumes in five years.”
Huawei’s issues have sparked debate about what other companies could take advantage of. In particular, Europe is seen as a key battleground, since Huawei is the number two player by market share, behind Samsung. Huawei saw its shipments fall 16% year-on-year in the second quarter, according to Canalys.
But Google’s lack of relationships with mobile carriers on the continent could make it tough for it to challenge Huawei with the Pixel 4.
“The consequences of Huawei’s entity listing has left a vacuum in Europe and a huge opportunity for share gain. However, given the Pixel’s limited operator support in Europe, it’s far more likely to be Samsung that benefits,” Blaber told CNBC in an email, referring the the U.S. blacklist.
In many European countries, carriers are crucial for making expensive, high-end phones a success because they offer fixed-term contracts with monthly payments that often make a device more affordable for consumers.
At its launch event Tuesday, Google announced the Pixel 4 would be carried by a number of U.S. networks including AT&T and Verizon. But very few European carriers have the phone.
“We have to keep in mind that these two vendors (Google and Huawei) compete on two different battlegrounds: three out of four Pixel phones are sold in the U.S., whereas Huawei is effectively non-existent there,” Bryan Ma, vice president of devices research, told CNBC. “Conversely, a key beachhead in Huawei’s overseas momentum is in Europe, where Google’s Pixel line has had a limited presence.”
“Most of the carriers that were announced last night were U.S.-based. So if Google’s priorities are still focused there, then it’s unlikely that they would take much share from Huawei,” Ma said.
For its part, Huawei has remained relatively resilient. In the second-quarter of 2019, it was still the second-largest smartphone player in the world.
It must be noted however, that the Mate 30, which does not have licensed Google apps, was released in the third quarter. Analyst firms have yet to release third quarter numbers.
Huawei also released its own operating system called HarmonyOS in August. The company has insisted on several occasions that it still wants to use Google’s Android.
But Richard Yu, the head of Huawei’s consumer division, said the company could “immediately” switch its devices to HarmonyOS if needed.
By Arjun Kharpal
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