"The strength of TruePay's solution lies in the convergence of a real and untapped need amongst retailers to unlock credit and free up working capital, a large addressable market and a talented team," said Lee Fixel, Founder of Addition. Retailers have access to better payment conditions, doing larger purchases at longer terms and freeing up working capital. The company is building a B2B Buy Now Pay Later network where industries can grant credit without being exposed to risk and buyers may access credit seamlessly at no cost.
It provides a minimal yet complete desktop environment, thanks to its own software repositories, which are always updated to the latest stable versions of the most often used and best. It is designed to be fast and easy to use. BackBox provides the ability to schedule. BackBox Linux is an Ubuntu-based distribution developed to perform penetration tests and security assessments. Spanning across the diverse network and security landscape, BackBox will ensure that all supported device configuration files are verified and stored securely in one central location to ensure a speedy recovery, when required. The round comes at a key moment for TruePay to empower its operation, which provides cost-free access to credit card receivables that can be used by retailers to purchase from suppliers. BackBox is the leading provider of Intelligent Automation for all Network and Security devices. "The largest portion of this round will be used to further attract and develop talent in Brazil and elsewhere", says Luis Eduardo Cascão, COO and co-founder of TruePay. A raise like this is a symbol of the impact TruePay will make in the market by delivering free credit to millions of merchants in Brazil", says Pedro Oliveira, CEO and co-founder of TruePay. "We are very happy to have the trust of some of the best investors in the world as well as the super talented people that we were able to bring on board.
Founded in December 2020, TruePay has clients throughout Brazil and a merchant base in the thousands. Kyle Wiggers / VentureBeat: BackBox, which provides companies with network automation, security, and management software, raises 32M Series A led by Elsewhere Partners BackBox, a network automation, security, and management service provider, today announced that it raised 32 million in a series A round led by venture firm Elsewhere Partners. The startup, which has been growing 100% a month, plans to grow tenfold by the end of 2022. Feel numb to the carnage around me 3:55 3. The funds will be used to improve the solution, increase capacity and expand the team. Disk length: 32m 51s (8 Tracks) Original Release Date: 2000 Tracks & Durations: 1. This growth stage investment is one of the largest ever made in Brazil.