EMERGING TECHNOLOGY, CYBERSECURITY

CounterCraft Awarded $26 Million Contract from U.S. Government to Support Advanced Cyber Operations

CounterCraft | October 07, 2022 | Read time : 02:00 min

CounterCraft Awarded News
CounterCraft has been awarded a sole-source contract from the U.S. government, with a ceiling of more than $26MM, allowing the entire U.S. Department of Defense and federal government access to their innovative deception technology for active cyber defense. This is an especially important announcement as CounterCraft continues their ongoing mission to support U.S. cybersecurity initiatives.

"It is clear that we are the active cyber defense and threat intelligence partner of choice for some of the most sophisticated organizations in the world; from governments to critical infrastructure to Fortune 500 companies, This award validates that our technology is highly needed and tremendously valued by our customers."

-David Barroso, CEO and Co-Founder CounterCraft.

This contract announcement is the culmination of a three-year effort starting with competitive trials with the U.S. Defense Innovation Unit, where CounterCraft outperformed over 20 other cybersecurity firms, including some of the giants in the industry.

"Enabling commercial solutions and advancing public-private partnerships is a strong move by GSA and other forward-thinking federal organizations to stay ahead of threats from nation-state adversaries, We are committed to supporting our warfighters with innovative solutions for defense cyber operations (DCO) and nontraditional cyber initiatives."

-Amyn Gilani COO CounterCraft.

About CounterCraft:
CounterCraft is the next generation of threat intelligence. CounterCraft The Platform™ is a cyber deception platform that offers active defense powered by high-interaction deception technology. Countercraft detects threats early, collects personalized, actionable intelligence, and enables organizations to defend their valuable data in real time. Their award-winning solution, fully integrated with MITRE ATT&CK®, fits seamlessly into existing security strategies and uses powerful automation features to reduce operator workload. Founded in 2015, CounterCraft is present in London, New York, and Madrid, with R&D in San Sebastian, Spain. CounterCraft recently raised additional funding from venture capital firms including cybersecurity-specific funds Adara Ventures, eCAPITAL, In-Q-Tel and Evolution Equity, bringing the total investment to date to $10 million.

Spotlight

From the Stonewall Inn, to the Furies Collective, to the home of civil rights hero Bayard Rustin, we've recognized important historical LGBT sites, and our work has only just begun. During this Pride month we salute all LGBT Americans; we recognize our shared history, and our continued work toward equality, and we encourage you to get outside and find your park. This June we invite LGBT Americans to show their Pride by visiting our public lands and waters, and by posting your photos on your social media using the hashtags #ImOUTdoors and #findyourpark. Happy Pride!

Spotlight

From the Stonewall Inn, to the Furies Collective, to the home of civil rights hero Bayard Rustin, we've recognized important historical LGBT sites, and our work has only just begun. During this Pride month we salute all LGBT Americans; we recognize our shared history, and our continued work toward equality, and we encourage you to get outside and find your park. This June we invite LGBT Americans to show their Pride by visiting our public lands and waters, and by posting your photos on your social media using the hashtags #ImOUTdoors and #findyourpark. Happy Pride!

Related News

GOVERNMENT BUSINESS

Quantexa And Vodafone Partner To Provide Even Better Experience For Vodafone Business Customers In The UK

GOVERNMENT BUSINESS | November 29, 2022

Quantexa - a global leader in Decision Intelligence (DI) solutions for the private and public sectors - announced that it has partnered with Vodafone, the technology communications company, to connect scattered and siloed data points across Vodafone to deliver an improved experience for its business customers. Quantexa’s Decision Intelligence Platform was chosen by Vodafone for its advanced capabilities in data management and customer insights which enabled Vodafone to marry difficult to match data sets across its business and learn more about their customers. As a result, Vodafone can make quick and confident decisions to provide their customers with more relevant offerings and improved service. Quantexa’s Decision Intelligence (DI) platform was commercially deployed on Vodafone’s new Google Cloud environment and gives Vodafone insight into the interactions a customer has with them, including the products and services customers have purchased. Understanding customers from a 360-degree view will support the organization in giving prompts to the sales teams to drive timely client engagement. The new platform was delivered into commercial use with speed following a completed deal agreement in late Q1 of this year. It will initially be used in Vodafone’s small to medium business customer segments, and Vodafone will extend the platform to include SoHo and large business customers over the coming months. The partnership started when Quantexa joined Tomorrow Street – a joint-venture between Vodafone and the Luxembourg Government - that connects innovative technology companies, corporate partners, and Vodafone functions to establish and grow new business opportunities. Quantexa works with clients across several industries including banking, insurance, telco, and the public sector including government. Vodafone is the first company in the UK telecommunications industry to use Quantexa’s ground-breaking DI Platform to improve its customers’ experience. “We are delighted to be using Quantexa’s state-of-the-art Decision Intelligence Platform to ensure we are maximising the value of data, making the best decisions for our customers, and improving the services we offer. As a technology communications company, we recognise the importance of working with innovative companies in emerging technology categories, like Quantexa. Vodafone’s Tomorrow Street initiative to identify and accelerate innovation, is an exciting programme that we are delighted to work with.” -Nick Gliddon, UK Business Director, Vodafone. Vishal Marria, CEO, Quantexa, said, Forward-thinking organizations know they can only make strategic decisions and improve customer experiences using data that can be trusted. The first step is creating a single view of every customer. I’m thrilled that our Decision Intelligence Platform is helping Vodafone create a better experience for its business customers. I’m proud of what we’ve achieved alongside Tomorrow Street in what has been, and will continue to be, a fantastic collaboration. Creating long-term value from data is a focus of leading organizations world-wide and working with a leader like Vodafone in the telco space is an important milestone for the business. About Quantexa: Quantexa is a global data and analytics software company pioneering Contextual Decision Intelligence that empowers organizations to make trusted operational decisions by making data meaningful. Using the latest advancements in big data and AI, Quantexa’s platform uncovers hidden risk and new opportunities by providing a contextual, connected view of internal and external data in a single place. It solves major challenges across data management, KYC, customer intelligence, financial crime, risk, fraud, and security, throughout the customer lifecycle. The Quantexa Contextual Decision Intelligence Platform enhances operational performance with over 90% more accuracy and 60 times faster analytical model resolution than traditional approaches. Founded in 2016, Quantexa now has more than 500 employees and thousands of users working with billions of transactions and data points across the world. The company has offices in London, New York, Boston, Brussels, UAE, Malaga, Toronto, Singapore, Melbourne, and Sydney. About Vodafone in the UK: Vodafone is a technology communications company that connects people, businesses and devices to help our customers benefit from digital innovation. Our services span mobile, fixed line connections, home and office broadband, and the Internet of Things (IoT). We have a strong track record as a tech pioneer, making the UK’s first mobile phone call, sending the first text message, and making the UK’s first live holographic call using 5G in 2018. We were also the first to start carrying live 5G traffic from a site in Salford, Greater Manchester. As of March 2022, we have 5G in 380 locations across Europe – 141 in the UK and 239 across Germany, Spain, Italy and Ireland. Our 4G network coverage currently reaches more than 99% of the UK population. Today, Vodafone serves more than 18 million mobile and fixed-line customers in the UK. To help deliver Gigabit UK, our full-fibre broadband roll-out programme now covers 26 UK towns and cities, rising to 35 over the coming months through partnerships with CityFibre and Openreach. Our full-fibre services are now available to more than eight million homes across the UK.

Read More

EMERGING TECHNOLOGY,GOVERNMENT BUSINESS

TechFlow wins $8 Million cloud.gov contract for Govt. Agency Modernization

TechFlow | January 09, 2023

Logistics and digital solutions provider, Techflow, recently announced that it has received the follow-on contract to offer improvement and maintenance support services for the cloud.gov platform, by General Services Administration's (GSA) Technology Transformation Service (TTS). The total estimated value of this specific order for Labor Hours is $8,023,014.80. Platform-as-a-Service (PaaS), cloud.gov, is built and operated by TTS to assist teams with delivering federal government applications, and TTS’s cloud.gov shared service handles security and maintenance of everything underneath. For federal agencies to host applications that meet FedRAMP requirements, cloud.gov holds a FedRAMP Joint Authorization Board (JAB) Moderate Provisional Authority to Operate (P-ATO). Techflow will operate, monitor, maintain, and update a Cloud Foundry deployment and supporting services @underlyingcloud.gov, as mentioned in the terms. It will also provide consultation to the cloud.gov development team for Cloud Foundry’s best practices for existing and new capabilities, automate procedures, and increase the system's resilience. cloud.gov's status as a premium platform allows government organizations to harness cloud capabilities, deploy and update websites faster. In addition, easy adoption and faster processing will enable employees to focus more on application building and server infrastructure administration. "We are honored that the GSA continues to place their trust in us to maintain and expand this important platform to enable modernization initiatives throughout the government and support key missions," Mark Carter, TechFlow President and COO. About TechFlow TechFlow, with headquarters in San Diego, California and satellite offices in Washington, DC and around the United States, provides cutting-edge technology services to its clientele. TechFlow balances automation and human judgment to achieve their client's goals. TechFlow operates in mission-critical markets like digital, platform, base management/logistics, energy and mobility, for both the public and private sectors.

Read More

EMERGING TECHNOLOGY

Esker and Quadient to Develop Electronic Invoicing Platform, to Partner with French Government

Esker | November 22, 2022

Esker, a global cloud platform and leader in AI-driven process automation solutions for finance and customer service functions, and Quadient, a leader in helping businesses create meaningful customer connections through digital and physical channels, today announced that their years-long collaboration will take on a new dimension by partnering with the French government’s upcoming Partner Dematerialization Platform (PDP). Quadient and Esker have been working together for more than seven years through their joint subsidiary NCS, a strategic partnership that allows Quadient to leverage Esker's technology expertise for automating and digitizing customer and supplier invoices. The new direction NCS is taking strengthens this collaboration and ensures that businesses of all sizes experience a smooth and secure transition to compliance with upcoming French tax regulations according to the defined timetable, whether invoices are received or transmitted by mail, email in PDF format, portal, EDI or another channel. The finance law requires that invoices exchanged between VAT taxpayers must be transmitted in a structured data format (UBL, UNCEFACT CII) or hybrid format (Factur-X): As of July 1, 2024 for all VAT taxable entities receiving invoices As of July 1, 2024 for large companies issuing invoices As of January 1, 2025 this applies to medium-sized businesses issuing invoices As of January 1, 2026 this applies to all micro and small businesses issuing invoices The PDP, which will be approved by the government, will send and receive electronic invoices between entities while simultaneously transmitting the required invoicing data to the Public Portal (PPF), and electronically reports all necessary transaction data. “The widespread implementation of electronic invoicing over the next three years is a major challenge for the four million companies in France. As a major player in the electronic document management market for small and medium-sized businesses, we look forward to our continued partnership with Esker, in which we join forces and expertise to offer businesses straightforward and efficient invoicing process automation, The government’s timetable calls for a long and gradual transition, and we know that for many companies, compliance can be a source of anxiety because it brings about profound changes. By offering flexible and adapted solutions, we want to help them anticipate the implementation of new management methods that are connected and automated, so that they are able to meet regulatory deadlines with confidence.” -Nicolas de Beco, Chief Strategy and Product Officer for Intelligent Document Automation at Quadient. As members of the National e-Invoice Forum and active participants in workshops organized by the General Administration of Public Finances (DGFiP) and the Agency for Financial Information Technology of the State (AIFE), Esker and Quadient are currently in the process of preparing for the registration process beginning in September 2023, with governmental accreditation expected in accordance to the officially defined timeframes. In addition to being in compliance with regulatory guidelines, businesses will also be able to take advantage of complementary services, such as centralized management of all workflows, business process automation, complete visibility over and tracking of communications, invoice archiving, processing of associated documents, payment reconciliation and reporting capabilities. These services are facilitated by easy interconnectability with other business solutions and interoperability with other platforms, which enables them to simplify and optimize management processes, accelerate their digital transformation and improve their cash management. “Esker is proud to support Quadient in this project. As long-standing partners, our two companies have demonstrated their ability to work together to deliver innovative solutions that benefit thousands of businesses in France today, We are committed to helping our customers today and in the future in turning these regulatory developments into opportunity for growth and acceleration of the digital transformation.” -Emmanuel Olivier, COO at Esker. About Esker: Esker is a global cloud platform built to unlock strategic value for finance and customer service professionals, and strengthen collaboration between companies by automating the cash conversion cycle. Esker’s solutions incorporate technologies like Artificial Intelligence (AI) to drive increased productivity, enhanced visibility, reduced fraud risk, and improved collaboration with customers, suppliers and internally. Esker operates in North America, Latin America, Europe and Asia Pacific with global headquarters in Lyon, France, and U.S. headquarters in Madison, Wisconsin. About Quadient: Quadient is the driving force behind the world’s most meaningful customer experiences. By focusing on three key solution areas, Intelligent Communication Automation, Parcel Locker Solutions and Mail-Related Solutions, Quadient helps simplify the connection between people and what matters. Quadient supports hundreds of thousands of customers worldwide in their quest to create relevant, personalized connections and achieve customer experience excellence. Quadient is listed in compartment B of Euronext Paris (QDT) and is part of the SBF 120®, CAC® Mid 60 and EnterNext® Tech 40 indices.

Read More