Artificial Intelligence
Generation Esports Solidifies Their Position as Scholastic Esports Leader by Closing an Additional $19 Million in its Series B, Including the Acquisition of AI-Based Technology Platform Wizard Labs Inc.
Kansas City, MO, May 03, 2022 (GLOBE NEWSWIRE) — Generation Esports, a global community-focused esports organization and tournament platform, announced today that it secured an additional $19 million in financing, which includes the acquisition of Santa Monica-based technology leader Wizard Labs Inc. to close its Series B as the company continues to spearhead the growth of scholastic esports. The Series B was led by Bay Area-based early-stage investor Altos Ventures, who were the main investors in Roblox, and now with this announcement they continue their commitment to supporting Generation Esports after leading the Series A as well. New investors in the Series B include ClearVision Equity, El Cap Holdings, KC Rise, and Kindergarten Ventures. Generation Esports will use the funding to invest in growing its esports offerings through technology, competitions, communities, content, and education.
“Esports has evolved at an incredible pace over the past decade, and we continue to evolve with it by listening to and supporting educators, students, parents, and coaches,” said Generation Esports co-founder and CEO Mason Mullenioux. “When we support them, we support the industry that we love and lead in because at the end of the day, we are gamers too. We are passionate about esports scholastically and believe in the power it has to positively impact the lives of so many. What we’ve found out most during this Series B is that our investors share this same belief and that is what is so exciting. Now, together, we are set up to dramatically grow the presence esports has in schools all around the country.”
The first initiative as a part of the Series B was the acquisition of Wizard Labs Inc., a game-changing technology company that uses artificial intelligence to simplify the creation and distribution of game videos, live social streams, and clip highlights from any device for sharing on Generation Esports and social media platforms. As Generation Esports celebrates its 10-year anniversary this year, the acquisition of Wizard Labs Inc. is the latest example of how it continues to increase its presence as an industry leader by going beyond just competition. Schools, students, educators, parents, and coaches will all benefit as they now will be able to stream and auto-clip gameplay to create unique scholastic gaming and esports content, in addition to all of the other resources that only Generation Esports has to offer.
“We are excited to partner with Generation Esports,” said Wizard Labs Inc. founder and now Generation Esports’s Chief Product Officer Royce Disini. “We have known their team for several years as they have grown to be the leader in scholastic esports. We look forward to complementing their team with our technology to build the definitive platform that empowers the next generation of students and educators to collaborate, create, play and learn together.”
With more than 200,000 registered users and 5,000 affiliate schools on its platform, Generation Esports is one of the largest and longest running scholastic esports organizations, led by its flagship league the High School Esports League (HSEL). The biggest differentiator between Generation Esports and other esports providers is that it is a one-stop solution for anyone looking to enter the esports space. With the Series B and Wizard Labs Inc. acquisition, Generation Esports continues its trend of innovating and aligning with industry leaders. Other notable accomplishments include:
Being the first company to provide a matchmaking (queue) system, which greatly reduced match forfeit rates.
Introducing a game-changing education offering featuring more than 80 STEM-accredited lessons in its Gaming Concepts courses and curriculum that has led to a 1.7 increase in overall student GPA and 10% improvement in student attendance.
Establishing the largest high school and middle-school specific leagues in esports – HSEL and the Middle School Esports League (MSEL)
“We saw extreme potential in Generation Esports back when we first started our relationship,” said Altos Ventures’s Dillon Krasnigor. “Since then, they’ve cornered the high school market while expanding its core competencies, all while hitting every growth milestone we look for in companies. This solidified our belief that Generation Esports was the company to lead scholastic esports and because of this, we didn’t hesitate to support them again when it came to its Series B.”
In May 2021, Generation Esports raised $10.8 million in its Series A led by Altos Ventures. Today’s announcement brings Generation Esports’ total capital raise to nearly $30 million in the past year. There is strong evidence for the positive impact video games and organized esports can have on students’ lives in the classroom and beyond. Generation Esports, with its Series B and acquisition of Wizard Labs Inc., is poised to be the preeminent leader for schools, students, and educators to use when it comes to all things scholastic esports-related.
“From where we started to where we are now as a company, it’s exciting,” said Trevor Jansen, another co-founder of Generation Esports and Chief Operating Officer. “This Series B and the acquisition of Wizard are just the start of what we expect to be a very active year for us. We know we’re the leader in this space and with that comes high expectations to take scholastic esports to the next level. It’s a task we openly embrace and look forward to taking on so that no matter who you are or where you come from, you can be a part of this amazing community that is scholastic esports and is Generation Esports.”
To learn more about Generation Esports, please visit https://generationesports.com.
For the latest news and updates from Generation Esports, follow @JoinGenEsports on Twitter, Instagram, and TikTok, and like on www.facebook.com/JoinGenEsports. Fans can also join the official GenE Discord and subscribe on YouTube and at Twitch.tv/GenerationEsports.
About Generation Esports
Created by the founders of High School Esports League (HSEL) – the largest and longest-running competitive gaming organization for high school students in the United States – Generation Esports (GenE) serves communities around the world that wish to better engage today’s youth. GenE believes that esports is more than just video games; it’s competition, community, engagement, and relationship building. With over 5,000 partnered schools and 200,000 registered users within its HSEL alone, GenE makes it easy for communities of all backgrounds and ages to offer competitive esports experiences to their members. More can be found at https://generationesports.com.
Contact Information:
Jonathan Schrader
Vice President of Growth
Meta description : Explore IG Canada’s advanced trading platform, educational resources, and robust security features. Achieve your trading goals with the innovative tools.
NOTTINGHAM, England, April 25, 2024 /PRNewswire/ — IG Canada, a premier online trading platform, is pleased to announce significant enhancements to its trading technology, designed to empower both novice and experienced traders with superior tools and resources. This development is part of IG Canada’s commitment to providing the best trading experience in the Canadian market.
IG Canada has upgraded its platform with advanced features that streamline trading processes and improve the accuracy of trade execution. These enhancements include customizable charts, a wider range of indicators, and improved mobile access, ensuring traders can operate efficiently from anywhere at any time.
Recognizing the importance of education in trading success, IG Canada has expanded its educational resources. The brokerage now offers a comprehensive learning center featuring webinars, tutorials, and articles that cater to various skill levels. These resources are designed to help traders develop robust trading strategies and improve their market knowledge.
Security remains a top priority for IG Canada. The latest updates include enhanced encryption and multi-factor authentication to protect client data and funds. These security measures provide peace of mind for traders, knowing their investments are safeguarded against potential threats.
IG Canada is a leading online brokerage that provides trading services across multiple asset classes, including forex, stocks, commodities, and indices. With a focus on innovation and customer service, IG Canada is committed to helping Canadian traders achieve their investment goals through a transparent and efficient trading environment.
In addition, IG Canada is committed to engaging with the community through upcoming webinars, live events, and partnerships with local financial experts. These initiatives are designed not only to support the growth and education of the clients but also to foster a stronger, more connected trading community in Canada.
Press Contact:Contact Name: Timothy C. SherwinEmail: [email protected] Phone: +447 441425053
View original content:https://www.prnewswire.co.uk/news-releases/ig-canada-announces-enhanced-trading-platform-for-enhanced-user-experience-302127189.html
Artificial Intelligence
Sentrycs Now Part of the UK National Protective Security Authority Catalog of Security Equipment
This inclusion into the NPSA CSE marks a significant milestone in the company’s commitment to enhancing national and international airspace security and to leading the C-UAS market toward multi-layer strategy optimization and excellence.
TEL-AVIV, Israel, April 25, 2024 /PRNewswire/ — Sentrycs, a leading innovator in adaptive counter-drone solutions, is proud to announce its inclusion in the prestigious UK National Protective Security Authority Catalogue of Security Equipment (NPSA CSE).
Following a rigorous assessment process, Sentrycs’ cutting-edge Counter Unmanned Aerial Systems (C-UAS) solution has met the high standards set by the NPSA for Detection, Tracking, and Identification (DTI). The testing, conducted at the NPSA’s designated testing facilities in August 2023, rigorously evaluated the Sentrycs system against the NPSA’s DTI Testing and Evaluation Standard v3.1.
Sentrycs elected to be assessed under Configuration D as a 3D system with Ground Control Station (GCS) detection capability and platform identification capability, which is the most demanding test scenario with the highest number of scored parameters.
The Sentrycs system demonstrated exceptional capabilities in various security scenarios, showcasing its robustness in detecting and tracking with high accuracy and zero false alarms. The system’s innovative use of cyber techniques to extract data from targets and its streamlined human-machine interface were especially noted for their efficiency and ease of use.
“Our team is proud to have Sentrycs recognized by the UK National Protective Security Authority,” said Yoav Zaltzman, CEO of Sentrycs. “Being listed in the CSE is not just an honor; it’s a testament to our technology’s reliability and effectiveness in contributing to the ever-changing airspace security landscape.”
Sentrycs’ technology is now accessible through the NPSA CSE, providing security practitioners with verified solutions that meet the UK’s rigorous security standards. This inclusion not only underscores Sentrycs’ role in advancing security technology but also enhances its visibility and credibility on a global stage.
For more details on Sentrycs’ solutions and their impact, visit www.sentrycs.com.
For further information regarding the NPSA and the Catalog of Security Equipment, please visit the NPSA’s official website.
About Sentrycs
Sentrycs is a leader in adaptive counter-drone solutions, supported by innovative technology designed to passively identify, mitigate, and where necessary, intercept unauthorized drones custom-built for various environments – including airports, borders, prisons, critical infrastructure, and mass events. Founded in 2017, Sentrycs’ has offices in Israel and the US, serving customers worldwide. By uniting its field-proven technology and expertise in global drone environments, Sentrycs is leading the way towards a safer and more secure drone-driven future. Learn more at www.sentrycs.com
Video – https://www.youtube.com/watch?v=YBuhpTq5QuM
View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/sentrycs-now-part-of-the-uk-national-protective-security-authority-catalog-of-security-equipment-302126952.html
MILAN, April 25, 2024 /PRNewswire/ — Homestyler, a leading all-in-one 3D Design platform and creative community for global designers invested by Easyhome New Retail Group and Alibaba Group, successfully hosted the Homestyler Global Partners Conference and Gorgeous Home Imported Brand Investment Promotion Conference from April 18 to 19 on the sidelines of the 2024 Salone del Mobile Milano, the world’s leading furniture fair.
Easyhome is at the forefront, driving the transformation of the home furnishing industry into a full-service platform. It has developed a tailored solution for global brands called Gorgeous Home, which includes supportive policies and has established local distribution and service networks in international markets. During the conference, Homestyler unveiled a suite of digital products enhanced by 3D and AI technologies, including cloud-based design tools, virtual livestreaming that can alter and restore furnishing scenes to true-to-life scale, a 3D Floor Planner, a 3D Virtual Studio, and a 3D Interactive Panorama, among others. The event also marked the signing ceremony with the first group of global partners.
The Global Partners Program is a key milestone of Homestyler’s roadmap towards global commercialization. It has established close partnerships with around 1,000 global home furnishing companies and design institutions to provide solutions for digital transformation. The first global partners from more than 20 countries and regions will collaborate to explore content creation and marketing potential to deliver effective growth.
In addition, Homestyler shared the unique advantages of its software and cloud designing tools, particularly in cloud rendering, free modeling capabilities, 3D model and material libraries, one-stop workflow, and user-friendliness.
“The core technologies and products of Homestyler extend through all links both online and offline and deeply converge physical experience with digital technologies, such as attracting customers, content design and creation, interactive scene, check-out tracking and more, and we continue to optimize and enhance the 3D scenario shopping experience to empower the transformation and upgrading of the global home furnishing industry,” said Ma Xingjian, head of Homestyler’s overseas business.
Looking ahead, Easyhome and Homestyler aims to establish an international service, regional distribution and dealership system, serving as a bridge between global designers and home furnishing companies worldwide to enable designers residing in different countries and regions to highlight their 3D design solutions and boost shopping experience for the consumers.
As a creative hub for global designers, Homestyler continually expands its model library with home furnishing products from around the world and provides the latest in 3D and AI technologies to help companies promote their products across various channels. Companies such as P Life Concept London, Lahoma Ltd., and Tecnobit S.r.l. are leveraging Homestyler products to enhance the online shopping experience and increase efficiency on their websites. Homestyler plans to introduce more B2B digital products and services, including advanced 3D tools for designing, modeling, rendering, virtual studio shooting, and livestreaming. “Homestyler will further advance our international development: we are planning to establish industry-academy cooperation with Italy’s top design institution, the Polytechnic University of Milan, and the relationship with ADI. With the launch of Global Partners Program, Homestyler will continue to invest in supporting policies and boost international influence through various cooperation programs, to achieve the goal of providing better design services for users globally,” said Xu Min, general manager of Homestyler.
For more information, please visit https://www.homestyler.com.
About Homestyler
Homestyler was jointly invested in by Easyhome New Retail Group and Alibaba Group. It is dedicated to provide 3D cloud design tools for designers worldwide and delivering a comprehensive suite of 3D+AI digital solutions to the furniture and home furnishing industry.
View original content:https://www.prnewswire.co.uk/news-releases/homestyler-to-recruit-first-batch-of-global-partners-in-20-countries-302127111.html
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