Since launching in Australia in 2020, Floatspace has grown to become the leading boat and yacht rental marketplace, with over 15,000 guests taking advantage of the platform to enjoy all kinds of events and activities on the water with their friends, family or colleagues. The pandemic has created a boom of interest in the boating lifestyle, as people have sought domestic leisure alternatives to overseas travel. Riding this wave of activity, the Australian-born company has recently taken its first steps toward international expansion, launching in Miami, Florida and establishing a local team on the ground to spearhead growth.
The Estée Lauder Companies Inc. announced that Arturo Nuñez has been elected to its Board of Directors and that he has also joined the company’s Audit Committee. Mr. Nuñez is Chief Marketing Officer of Nu Holdings Ltd. (“Nubank”), which is a digital banking platform headquartered in Brazil that serves customers across Brazil, Mexico, and Colombia.
CWT, the Business-to-Business-for-Employees (B2B4E) travel management platform, announces that Michelle McKinney Frymire has stepped down from her roles at the Company. As part of the Company’s long-term succession planning process, the Board of Directors has appointed President and Chief Commercial Officer Patrick Andersen as its next President and CEO, effective May 1, 2022. He will also serve on the Company’s Board of Directors.
The new Experian Global Insights Report concludes that online spending will continue to gain strength even as consumers emerge from lockdown and return to in-person transactions. Consumers are also engaging with digital payments as much as they engage with email. The growth curve of online spending has increased the use of mobile wallets that now rival traditional payment methods. The latest report shows that 62 percent of respondents say they are currently using mobile wallets, while 63 percent use traditional forms of payment.
Funds managed by CapVest Partners LLP (CapVest), a private equity investor, have closed the acquisition of Second Nature Brands, a Michigan-based creator of premium, nutritional and better for you snacks and treats, including Kar’s Nuts, Second Nature Snacks, and Sanders Chocolates, from a private equity fund affiliated with Palladium Equity Partners, LLC.
Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, announced the appointment of Jill Bright as an independent director of the firm effective immediately. With over 30 years of expertise, Jill served as Executive Vice President of Human Resources and Administration for Sotheby’s, held the role of Chief Administrative Officer for LionTree LLC and Condé Nast, and spent five years in Human Resources at American Express.
Higher Logic, a human-focused engagement platform, announces the launch of Higher Logic Thrive. Focused on the needs of associations, the Platform is an experience solution with a powerful, but simple approach to community, marketing, and member management.
CertiK, a Web3 and blockchain security firm, announced an additional $60m investment from SoftBank Vision Fund 2 and Tiger Global. This marks SoftBank’s first venture into the Web3 security space. CertiK’s $88m series B3 round and $2bn valuation were led by Insight Partners. This funding brings the total amount invested over the past nine months to $290m.
Capturing and sharing life's experiences often requires multiple tools, which can result in disjointed storytelling. To serve creators' needs to control dynamic, narratives in one place, Esri, location intelligence expert firm, released StoryMaps, a powerful, personal storytelling tool. The product extends creative capabilities to anyone who wants to tell their story. Using Esri's mapping technology, this new software brings the geographic approach to any content that creators are passionate about. From documenting their ancestral journey to capturing aspects of daily life or planning a first big post-pandemic trip, StoryMaps helps capture life's moments in a way worthy of those experiences.
Tetrate, the enterprise service mesh company founded by creators and maintainers of Istio and Envoy, announced that Sanjay Poonen will serve as a strategic advisor to the company. Poonen is a seasoned high-tech executive with extensive experience in product innovation and go-to-market scaling of multibillion-dollar businesses. Most recently, as COO of VMware, Poonen led the company’s revenue growth from $6 billion to $12 billion, while architecting VMware’s multicloud deals with Amazon Web Services, Microsoft, Google and others.