Serving comfort at home
- 500-backed e-commerce aggregator Una Brands has acquired two Singaporean ergonomic furniture brands ErgoTune and EverDesk+ for an eight-figure USD sum.
- Demand for ergonomic furniture grew amid work-from-home requirements, fueling a 150% growth for the brands and tripling their revenue to over US$10 million.
- Una Brands plans to expand the brands into new regional and international markets. The brands have already been launched in Australia, where they contributed to more than 15% of overall revenue in Q4 of 2021 alone.
- Co-founder and CEO of Una Brands, Kiren Tanna said, “We aspire to grow ErgoTune and EverDesk+ into the region’s best-selling ergonomic chairs and desks in the next three years.”
- Read the full article on e27.
Putting cyber safety first
- Warden, the flagship cloud security solution of 500-backed cybersecurity startup Horangi, has been named High Performer across multiple categories – Cloud Security, Cloud Data Security, and Cloud Compliance.
- Warden is an all-in-one security solution that can be set up within minutes. According to Horangi, the platform can detect and fix security threats in real-time.
- The award is given based on customer reviews. Warden ranked as the top Cloud Security Software provider in areas such as ‘Ease of Doing Business With’, ‘Quality of Support Offered’, and ‘Value for Money’.
- In 2022, Horangi plans to enhance advanced security analytics in the platform, which is critical in helping organizations prevent attacks from stolen credentials and lateral movement – the spreading of an attack from a single entry point to the rest of the network.
- Read the full announcement here.
Boosting payment speeds
- 500-backed startup EMQ announced a major enhancement to its payments network. It has added the SEPA instant credit transfer (SCT Inst) capability, which deepens its reach across Europe.
- Already live in the region, the addition enables global enterprises and their customers to send and receive a maximum of 100,000 euros within minutes.
- “By connecting EMQ’s global network to SCT Inst, we further strengthen our pan-European capabilities to deliver real-time payments across all the enterprise segments. This will help our customers respond faster to the demands of today’s global marketplace,” said Steven Liu, Global Head of Networks and Expansion at EMQ.
- He added that this allows enterprises to focus on delivering enhanced customer propositions without the need to manage complex network infrastructure.
- Read the full article on Yahoo! Finance.