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Frank Rauch of Cato Networks Recognized on CRN’s 2023 Top 100 Executives List

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Cato Networks’ Rauch has been named a top 25 channel sales leader for a seventh consecutive year. The award reflects the significant investment in talent and technology Cato has made in the channel.

TEL AVIV, Israel, Aug. 1, 2023 /PRNewswire/ — Cato Networks, provider of the world’s leading single-vendor SASE platform, today announced that CRN®, a leading technology news and information source for solution providers, IT channel partners, and value-added resellers, has named Frank Rauch, Global Channel Chief, to its exclusive 2023 Top 100 Executives list and a sub-category of Top 25 Channel Sales Leaders. The honor attests to the investment Cato has made and continues to make in its channel team and programs.

Rauch is responsible for driving Cato Networks’ global channel ecosystem, enabling partners everywhere to profit from the enterprise shift to cloud-native networking and security. With more than 30 years of leadership experience, he has successfully led, developed, managed, and grown global partner ecosystems at Check Point, VMware, and HPE. Rauch has also led field sales, inside sales, and strategy organizations. He and his teams have been recognized with more than 150 channel awards, and he has been personally recognized with 17 CRN Channel Chiefs awards, a Lifetime Achievement award, and has been ranked consistently in the 50 Most Influential Executives. This year marks Rauch’s seventh consecutive year to be named by CRN to its Top 100 Executives List.

“I believe this recognition validates Cato Networks as a ‘channel-first SASE company,’ a company who considers positive channel impact in everything we do from a SASE Cloud solution to go-to-market, to mutual customer success,” said Rauch. “No one receives this award on individual merit. It is an acknowledgment of Cato Networks as a SASE company and a SASE channel team. Since joining Cato Networks, we have accomplished a great deal in a short amount of time.”

Cato partnered with Windstream Enterprise, a leading managed communications service provider, to deliver the first comprehensive managed SASE solution in North America. Windstream Enterprises also launched its Cato-based SSE solution.  Overall, contributing partners increased by 38% YoY and partner registered deals for new customers grew by 70% YoY. 

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Cato was also recognized for its channel excellence by leading Technology Service Distributors (TSDs). AVANT awarded Cato the “Top Supplier for SD-WAN,” Intelisys awarded Cato the “Top Sales Engineering Team,” and Telarus recognized Cato as the “Top Supplier for Cybersecurity.” 

Rauch added, “It is an incredible honor, and I am humbled to be named for a seventh consecutive year as a Top 25 Channel Sales Leader, which I am told is unprecedented and a record. This award is all about trust, execution, and consistency. The things I am most proud of are the 20+ colleagues whom I have mentored to be Channel Chiefs and the lasting friendships I have made with so many partner executives.”

CRN’s Top 100 Executives list acknowledges the tech visionaries who are setting the pace for the IT industry. It honors executives across four sub-categories: the 25 Most Influential Executives, Top 25 Channel Sales Leaders, Top 25 Innovators, and Top 25 Disrupters, each with its own set of strengths that impact the IT channel.

“It is the bold and decisive who continue to dominate our annual list in the technology world,” said Blaine Raddon, CEO of The Channel Company. “Those featured on our CRN 2023 Top 100 Executives list demonstrate perpetual commitment to business growth, partner success, and IT innovation and aren’t afraid to push boundaries – even in a time of economic uncertainty.”

“To me, Frank is the essence of integrity in this complex IT world, a trusted partner who not only embraces collaboration but also clearly comprehends the value of true partnership, said Joe Koenig, President of World Wide Technology. “Above all, he is a remarkable individual and a great friend to both me and the wider community.”

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The Top 100 Executives list and four sub-categories will be featured in the August 2023 issue of CRN Magazine and online at www.CRN.com/Top100.

Digital Assets 

Supporting Resources 

About Cato Networks
Cato provides the world’s most robust single-vendor SASE platform, converging Cato SD-WAN and a cloud-native security service edge, Cato SSE 360, into a global cloud service. Cato SASE Cloud optimizes and secures application access for all users and locations everywhere. Using Cato, customers easily replace costly and rigid legacy MPLS with modern network architecture based on SD-WAN, secure and optimize a hybrid workforce working from anywhere, and enable seamless cloud migration. Cato enforces granular access policies, protects users against threats, and prevents sensitive data loss, all easily managed from a single pane of glass. With Cato, businesses are ready for whatever’s next.   

About The Channel Company 
The Channel Company enables breakthrough IT channel performance with our dominant media, engaging events, expert consulting and education, and innovative marketing services and platforms. As the channel catalyst, we connect and empower technology suppliers, solution providers, and end-users. Backed by more than 30 years of unequaled channel experience, we draw from our deep knowledge to envision innovative solutions for ever-evolving challenges in the technology marketplace. www.thechannelcompany.com 

Follow The Channel Company: Twitter and LinkedIn.

View original content:https://www.prnewswire.co.uk/news-releases/frank-rauch-of-cato-networks-recognized-on-crns-2023-top-100-executives-list-301887535.html

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Blockchain Press Releases

HTX Appoints Singapore National Goalkeeper Hassan Sunny as Chief Safeguarding Officer

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SINGAPORE, June 15, 2024 /PRNewswire/ — HTX, a leading cryptocurrency exchange, proudly announces the appointment of Singapore national football team goalkeeper Hassan Sunny as Chief Safeguarding Officer.

“The partnership between HTX, the ‘People’s Exchange’, and Hassan Sunny, the ‘People’s Goalkeeper’, is a perfect match,” said Justin Sun, Member of the HTX Global Advisory Board. “Together, we will work to ensure the safety and security of user assets in the ever-evolving crypto world. Just as Sunny fearlessly protects his goal on the field, HTX is committed to protecting every user’s assets with the same determination and resolve, providing the safest and most reliable investment environment possible.”

Sunny also expressed his excitement about joining the HTX family, stating “I am excited to be part of HTX. I can’t wait to embark on this journey with the team.”

Sunny has been called a national hero in China for his outstanding performance in the final group match of the first round of the 2026 FIFA World Cup Asian Qualifiers against Thailand on June 11th. Despite facing relentless attacks, Sunny made an incredible 11 saves, including a crucial one in stoppage time. Singapore ultimately lost the match 1-3, but their result helped China qualify for the next round at the expense of Thailand.

About HTX:

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Founded in 2013, HTX has evolved from a crypto exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, wallets, research, investment, incubation and other areas. HTX serves millions of users worldwide, with a business presence covering over 160 countries and regions across five continents. Its three development strategies – “global development, technology drives development, and technology for good” underpin its commitment to providing comprehensive services and values to global cryptocurrency enthusiasts.

 

View original content:https://www.prnewswire.co.uk/news-releases/htx-appoints-singapore-national-goalkeeper-hassan-sunny-as-chief-safeguarding-officer-302173558.html

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Blockchain

New seed-stage VC fund from Finland secures €6 million in initial close for €30 million blockchain fund

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Helsinki-based Equilibrium Ventures (EQV), a new seed-stage venture capital fund focused on the crypto sector, has successfully closed the first round of its €30 million fund, raising €6 million from limited partners (LPs). This milestone highlights growing interest in blockchain startups and a promising future for the European crypto ecosystem.

The fund is led by an experienced team of partners: Mika Honkasalo, Henrik Sundvik (formerly of Bain & Company), and Christopher Ahn (ex-Molten Ventures investor). Equilibrium Ventures aims to attract and support founders with deep technical expertise in blockchain technologies, covering areas such as zero-knowledge proofs and smart contracts, essential for developing advanced blockchain solutions.

Equilibrium Ventures has attracted a diverse group of backers, including strategic investors, family offices, and notable LPs like Sebastien Borget, co-founder of the metaverse platform The Sandbox. This support underscores the fund’s credibility and signals growing confidence in crypto investments despite recent market challenges.

Dedicated to crypto infrastructure, Equilibrium Ventures emphasizes rigorous technical due diligence and value addition for pre-seed and seed engineering firms. With a network of about 70 blockchain engineers, mainly based in Europe, the fund is well-positioned to help startups develop robust blockchain technologies.

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The renewed interest in venture capital investment in blockchain, bolstered by evolving regulatory landscapes in the US and Europe, is expected to increase investor confidence in the crypto sector. Equilibrium Ventures, with its technical expertise and strategic support, is poised to become a significant player in Europe’s crypto venture scene.

Looking ahead, Equilibrium Ventures aims for a second close by the end of this summer, targeting 80% of the total fund. This progress indicates strong momentum and the potential for significant contributions to the European blockchain ecosystem.

Source: arcticstartup.com

The post New seed-stage VC fund from Finland secures €6 million in initial close for €30 million blockchain fund appeared first on HIPTHER Alerts.

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Riot Platforms Acquires 14% Stake in Bitfarms Ltd.

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Riot Platforms, Inc. has announced its acquisition of a 14% stake in Bitfarms Ltd., as detailed in a recent press release by Riot Platforms. This move aligns with Riot’s strategy to influence corporate governance within Bitfarms.

Acquisition Details

On June 13, 2024, Riot Platforms purchased 1,432,063 common shares of Bitfarms Ltd., representing about 0.35% of Bitfarms’ issued and outstanding common shares. The shares were bought on the Nasdaq Stock Market and other open markets at an average price of approximately $2.70 per share, totaling $3,870,293.46.

Before this acquisition, Riot held 56,194,973 common shares of Bitfarms, equating to 13.65% ownership. With the new shares, Riot now holds 57,627,036 common shares, resulting in a 14% stake in Bitfarms.

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Strategic Intentions

Riot Platforms intends to call a special meeting of Bitfarms’ shareholders to nominate several independent directors to the board, citing concerns over Bitfarms’ corporate governance. Riot seeks to influence Bitfarms’ strategic direction and enhance its governance standards.

Riot is continuously reviewing its investment in Bitfarms and may adjust its position based on factors such as market conditions and the company’s financial status. Potential actions include increasing or decreasing its stake, entering into hedging transactions, or proposing additional strategic measures.

Forward-Looking Statements

The press release includes forward-looking statements subject to risks and uncertainties, reflecting Riot’s current expectations and assumptions. Riot cautions investors to consider these risks before making investment decisions.

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Riot’s vision is to become the leading Bitcoin-driven infrastructure platform, focusing on a vertically integrated strategy with Bitcoin mining operations in Texas and electrical switchgear engineering in Colorado.

Source: blockchain.news

The post Riot Platforms Acquires 14% Stake in Bitfarms Ltd. appeared first on HIPTHER Alerts.

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