B2B News for Friday, September 2, 2022: Construction Management Software Activity, Cloud Product Launch

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We are heading into the last long weekend of summer. It’s never easy, but disconnecting from work and finding opportunity to connect with nature and community has never been more important. Labour Day is about the rights of workers to have fulfilling lives as a result of safe and meaningful work. May this news update find you and your families safe and well.

Procore Technologies has appointed Steve Davis as president of product and technology. Davis will lead their product, design and engineering organizations. The construction project management software works with more than 13,000 customers in the industry. Davis will report to Founder, President and CEO, Tooey Courtemanche.

“Steve is a highly respected technology leader with vast experience driving operational excellence across global, high-growth companies,” said Courtemanche. “His depth and breadth of consumer technology experience will bring immense value to Procore, as we believe every user of software is a consumer and deserves consumer grade technology. Not only that, but Steve shares our culture, customer and people-first values, and is known and trusted by many as a world-class leader.”

Davis was previously chief technology officer at Babylon Health.

Procore also recently announced two new deals among prominent construction companies in Canada. The family-run business Alex Leclerc, a mechanical contractor based in Donnacona, Québec, has selected Procore as its construction management platform. In Ontario Mattamy Homes selected Procore as its construction management platform to support aggressive growth, especially in its condo constructions in the Greater Toronto Area.

Press releaseshttps://www.procore.com/press/

Cradlepoint launched its new product NetCloud Exchange. The solution was created to help IT organizations transform their business and amplify their 5G experience with advanced SD-WAN and Zero Trust security capabilities. The new product is an architectural extension of the company’s NetCloud solution.

“Most network solutions today are designed for wired-only deployments. With the new NetCloud Exchange extension, NetCloud now offers new 5G- and security-first services to support enterprise WAN transformation, including end-to-end secure connectivity, hybrid SD-WAN, and Zero Trust networking – all lifecycle-managed through a single pane of glass,” said Todd Krautkremer, CMO of Cradlepoint

Press releasehttps://cradlepoint.com/press-release/cradlepoint-announces-netcloud-exchange-an-extension-of-its-netcloud-architecture-addressing-the-intersection-of-5g-sd-wan-and-zero-trust-networking/

The winners of the ETHLisbon Hackathon have designed a security platform to protect the decentralized finance (DeFi) world from targeted exploits and to safely migrate funds from individual wallets and protocols under attack.

Hackless works at the infrastructure level of EVM-compatible blockchains, uniting several elements from the blockchain ecosystem in order to strengthen a DeFi protocol’s security from the lowest levels of its ecosystem.

“The daunting thing about DeFi right now is that the rising tide of recent security exploits seems to out-speed the adoption and development of DeFi as such,” said Serhii Androsiuk, co-founder and CEO of Hackless. “Seven of the ten largest crypto thefts from January 2021 to March 2022 involved DeFi protocols. Frequent brutal exploits of flash loan protocols, cross-chain bridges and individual crypto wallets stress the need for a powerful security tool which is capable of boosting industry’s security level right away. We envision Hackless as a comprehensive platform that offers solutions both for DeFi protocols and individual investors. When used by all types of DeFi players it will enhance the overall protection giving a boost to industry’s growth.”

Press release: https://www.newswire.com/news/hackless-pioneers-b2b-b2c-security-tool-for-defi-saving-nearly-500-000-21792718

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Kate Baggott

Kate Baggott

Kate Baggott is a former Managing Editor of B2BNN. Her technology and business journalism has appeared in the Technology Review, the Globe and Mail, Canada Computes, the Vancouver Sun and the Bay Street Bull. She is the author of the short story collections Love from Planet Wine Cooler and Dry Stories. Find links to recent articles by following her on LinkedIn https://www.linkedin.com/in/kate-baggott-9a0306/