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JPMorganChase plans to deploy more than $750 billion through 2035 to help build or preserve 1 million affordable homes and assist 500,000 people with buying a house. The commitment represents a nearly 40% increase from the housing capital the bank deployed during the previous decade. Through its American Dream Initiative, the bank will increase mortgage lending by more than 40% and hire 850 Home…
When Mike Ode walked into Foundation Software in 1996, someone handed him seven three-ring binders and told him to learn the software. He did not know what a chart of accounts was, and this being the days before Google, he could not look it up. "I wouldn't ask anybody," he recalled. "So ask more questions. Don't be afraid to ask questions." Nearly 30 years later, it is still the advice he gives…
Most executives arrive at a new company armed with a list of things to fix. When Chris Walters took over as CEO of Finastra a little over a year ago, he found something rarer: a business whose reputation had not caught up to its results. "The financial and operating profile of the business was actually much stronger than the market perception," he said. Because a good leader always has ideas for…
Raj also took part in the Jackson Hole Classic’s mountain hiking challenge, a 3.8-mile course with more than 2,700 feet of elevation gain. Raj co-founded Bloomreach in 2009 with the idea that online experiences could adapt to each customer’s interests and intent. Today, the company’s agentic platform, Loomi, uses real-time customer and product data to personalize experiences across email,…
Seven-month-old AI infrastructure startup Volta has emerged from stealth with $300 million in funding, a $2.4 billion valuation, and a six-year compute contract worth $10 billion. The seed and Series A rounds were backed by Azora, Andreessen Horowitz, Altimeter, Nvidia, Michael Dell’s family office, and Matter Venture Partners, according to Reuters... The post AI Cloud Startup Volta Emerges From…
SmartBear has promoted Dave Phillips to Chief Revenue Officer, expanding his responsibilities from customer success and renewals to the company’s entire global revenue organization. Phillips will oversee sales, customer success, renewals, channel partnerships, and commercial strategy. He joined SmartBear nearly two years ago and most recently served as senior vice president of customer success and…
Data security startup Cyera has signed a letter of intent to acquire non-human identity specialist Oasis Security for approximately $1 billion, TechCrunch reported. The proposed transaction would be paid primarily in cash, with the remainder in Cyera shares. Because the companies have signed a letter of intent, the acquisition remains subject to a definitive agreement and other closing…
Druva has appointed former Kaseya executive Anthony Anzevino as Chief Commercial and Partner Officer, placing him in charge of global sales, commercial strategy, and partner distribution. Anzevino joins Druva from IT management software company Kaseya, where he served as chief revenue officer and led its global go-to-market organization. He has more than 20 years of experience across enterprise…
Freshworks has appointed Ryan Manning as Chief Product and Technology Officer, combining oversight of its product roadmap and global engineering organization under one executive. Manning began the role August 10 and reports to CEO Dennis Woodside. He succeeds Srini Raghavan, who is leaving Freshworks to pursue an entrepreneurial venture. Murali Swaminathan will remain Chief Technology Officer and…
Amazon has expanded the role of AWS agentic AI leader Swami Sivasubramanian, giving him a broader mandate over emerging technologies and the cloud division’s technical direction, according to GeekWire. Sivasubramanian will lead a renamed Agentic AI & Emerging Technologies organization. He will continue overseeing teams behind developer tool Kiro, Amazon Quick Suite, and AWS Transform while adding…
