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• 500-backed cybersecurity startup Horangi will extend its services in Southeast Asia via Amazon Web Services (AWS) Marketplace. This makes the startup one of the first Asia Pacific (APAC) companies to do so in the digital catalog.
• With this, organizations gain access to a cost-effective and scalable way to adopt and deploy Horangi’s cybersecurity solutions.
• Horangi has also partnered with Information Communication Technology (ICT) products and solutions distributor Synnex Metrodata in Indonesia to distribute Warden, its flagship cloud security solution.
• These 2021 milestones follow a US$20 million Series B fundraise and 70 new projects across 2020.
• Read the full press release on Horangi here.

Driving positive change

• 500-backed logistics startup Haulio has released a performance report for Q1 of this year.

1. Its user base grew 261% year-on-year (YoY), crossing 25% in market share by truck count.
2. Revenue also grew 12.5x YoY, breaking its revenue records.
3. The startup completed its first year in its new market, Thailand, growing 59% quarter-on-quarter in twenty-foot equivalent container units (TEUs).
4. Overall TEU growth YoY soared 363%.
5. The startup recorded its first revenues from value-added services to haulers such as financing. It expects to grow this segment rapidly this year.
6. To date, Haulio has helped optimize over 100,000 containers, saving 1,314 metric tons of carbon emissions through job matching and resource pooling.

• Read the full performance report on Haulio here.

Making room for more

• 500-backed hospitality startup RedDoorz Philippines is looking at doubling its accommodation listings from 220 to at least 400 next year, its country manager Miguel Capistrano III said. According to the startup, it will focus on destinations with looser restrictions.
• Over the pandemic, RedDoorz has catered to clients undergoing isolation and quarantine. Even TV production teams are looking to shoot under a bubble.
• It has also been assisting partner hotels in securing accreditations and implementing a set of cleanliness, hygiene, and sanitation protocols through its HygienePass Certification Program.
• Read the full article here.

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500 Startups is a venture capital firm on a mission to discover and back the world’s most talented entrepreneurs, help them create successful companies at scale, and build thriving global ecosystems. In Southeast Asia, 500 Startups invests through the pioneering 500 Southeast Asia family of funds. The 500 Southeast Asia funds have backed over 240 companies across multiple sectors from internet to consumer to deep technology. It continues to connect founders with capital, expertise and powerful regional and global networks to help them succeed.

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