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Bryter raises $16M for a no-code platform for non-technical people to build enterprise automation apps

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Automation is the name of the game in enterprise IT at the moment: we now have a plethora of solutions on the market to speed up your workflow, simplify a process, and perform more repetitive tasks without humans getting involved. Now, a startup that is helping non-technical people get more directly involved in how to make automation work better for their tasks is announcing some funding to seize the opportunity.

Bryter — a no-code platform based in Berlin that lets workers in departments like accounting, legal, compliance and marketing who do not have any special technical or developer skills build tools like chatbots, trigger automated database and document actions and risk assessors — is today announcing that it has raised $16 million. This is a Series A round and it’s being co-led by Accel and Dawn Capital, with Notion Capital and Chalfen Ventures also participating.

The funding comes less than a year after Bryter raised a seed round — $6 million in November 2019 — and it was oversubscribed, with term sheets coming in from many of the bigger VCs in Europe and the US. With this funding, the company has now raised around $25 million, and while the valuation is considerably up on the last round, Bryter is not disclosing what it is.

Michael Grupp, the CEO who co-founded the company with Micha-Manuel Bues and Michael Hübl (pictured below), said that the whole Series A process took no more than a month to initiate and close, an impressive turnaround considering the chilling effect that the COVID-19 health pandemic has had on dealmaking.

Part of the reason for the enthusiasm is because of the traction that Bryter has had since launching in 2018. Its 50 enterprise customers include the likes of McDonalds, Telefónica, banks, healthcare and industrial companies, and professional services firms PwC, KPMG and Deloitte (who in turn use it for themselves as well as for clients). (Note: because of its target users being large enterprises, the company doesn’t publish per-person pricing on its site as such.)

Bryter’s been seeing a lot of attention from customers and investors because its platform speaks to a big opportunity within the wider world of software today.

Enterprise IT has long been thought of as the less-fun end of technology: it’s all about getting work done, and a lot of the software used in a business environment is complex and often requires technical knowledge to implement, use, fix and adapt in any way.

This may still the case for a lot of it, especially for the most sophisticated tools, but at the same time we have seen a lot of “consumerization” come into IT, where user-friendly hardware and software built for consumers — specifically non-technical consumers — either inspires new enterprise services, or are simply directly imported into the workplace environment.

No-code software — like automation, another big trend in enterprise IT right now — plays a big role in how enterprise tools are becoming more user-friendly. One of the biggest roadblocks in a lot of office environments is that when workers identify things that don’t work, or could work much better than they do, they need to file tickets and get IT teams — also often overworked — to do the fixing for them. No-code platforms can help circumvent some of that work — so long as the roadblock of IT approves the use, that is.

Bryter’s conception and existence comes out of the no-code trend. It plays on the same ideas as IFTTT or Zapier but is very firmly aimed at users who might use pieces of enterprise software as part of their jobs, but have never had to delve into figuring out how they actually work.

There are already a lot of “low-code” (minimal coding) and other no-code on the market today for business (not consumer) use cases. They include Blender.io, Zapier, Tray.io (a London-founded startup that itself raised a big round last autumn), n8n (also German, backed by Sequoia), and also biggies like MuleSoft (acquired by Salesforce in 2018 at a $6.5 billion valuation).

Bryter’s contention is that many of these actually need more technical know-how than they initially claim. Grupp pointed out that the earliest automation tools for enterprise have been around for decades at this point, but even most of the very modern descendants of those “will require some coding.” Bryter’s toolbox essentially lets users create dialogues with users — which they can program based on the expertise that they will have in their particular fields — which then sources data they can then plug into other software via the Bryter platform in order to “perform” different tasks more quickly.

Grupp’s contention is that while these kinds of tools have long been used, they will be in even more demand going forward.

“After COVID-19 workers will be even more distributed,” he said. “Teams and individuals will need to access information in a faster way, and the only way for big organizations to distribute that knowledge is through more digital tools.” The idea is that Bryter can essentially help bridge those gaps in a more efficient way.

Bryter’s target user and its approach underscores why investors like Accel see accessible, no-code solutions as a big opportunity.

“No-code software is really reducing the barriers of adoption,” Luca Bocchio, a partner at Accel, said in an interview. “If people like you and I can use the software, then that means demand can multiply by big numbers.” That’s in contrast to a lot of enterprise software today, which very limited in how it can grow, he added. “Plus, enterprises these days want to see more future visibility in terms of the products they adopt. They want to make sure something will stick around, and so they tend not to want to work with super young startups. But it’s happening for Bryter, and the is a testament to Bryter and to the market potential.”

Lyron Foster is a Hawaii based African American Musician, Author, Actor, Blogger, Filmmaker, Philanthropist and Multinational Serial Tech Entrepreneur.

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Hawaii Tech Company MobileGrindz Offers Restaurants an Alternative to Food Service Tech Platforms

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MobileGrindz offers enhanced benefits and lower cost than other food ordering platforms

Honolulu, Aug 2, 2020 – MobileGrindz, a Hawaii based Technology company, has announced the upcoming debut of their foodservice platform that aims to redefine the way food ordering systems and restaurants work together. This venture, spearheaded by Hawaii Local and Black Entrepreneur Lyron Foster, aims to bring additional job opportunities to Hawaii.

With food delivery apps continuing to gain popularity – more than 20% of smartphone users are expected to use food delivery apps by 2021 – restaurants are looking for better ways to offer such services while also boosting their bottom line. 

Many food ordering platforms charge restaurants up to 20% of their orders, which tends to undercut sales severely and adversely affect restaurants. MobileGrindz wants to offer a better solution for restaurants. With their platform, a flat technology fee is charged per month instead of a percentage of sales. This fee structure intends to help businesses better control their costs, make more money, and remain competitive. 

The MobileGrindz team isn’t stopping there. They are working to help restaurants earn more sales in general. One way they are doing this is by offering completely custom and free mobile apps for iOS and Android. This will allow restaurants’ customers to place orders and track their deliveries seamlessly.

Unlike most competitors on the market today, MobileGrindz will offer native apps for restaurants that will let them set up geo-based triggers for promotions that target foot traffic. In addition, this will allow restaurants to offer push notifications which restaurants can utilize to keep their customers informed of special offers and discounts. 

MobileGrindz will also eliminate third party funds disbursements by integrating third-party payment gateways, including Stripe, PayPal, Authorize.net, and others. The inclusion of additional payment gateways will allow restaurants to easily process payments independently and receive revenue more quickly.

The MobileGrindz team says that they will begin on-boarding early adoption users in mid-August, with a general launch of the platform slated for September 1, 2020.

More information can be found at https://www.mobilegrindz.com/

About MobileGrindz

MobileGrindz offers a cost-effective alternative to food ordering platforms for restaurants, helping them better promote their businesses while saving money. 

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MobileGrindz

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Source : MobileGrindz LLCCategories : Business , Food , Mobile , Restaurants , RetailTags : COVID19 , Restaurants , Food , Delivery , Mobile Order , Food Service , Food Delivery , MobileGrindz , Hawaii , Lyron Foster

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Being a Black Entrepreneur in the United States. Learn lessons from Lyron Foster

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Lyron Foster
Lyron has encountered discrimination and other business setbacks. But with determination, successful entrepreneurship in the United States is possible.

Lyron Foster is a very determined and prolific entrepeneur. Becoming an entrepreneur isn’t as easy as one thinks it to be. The journey is full of many challenges, roadblocks, hurdles, and can even turn into failures. However, people who are determined enough, overcome these challenges and establish themselves as entrepreneurs. Entrepreneurs create new business while bearing most of the risks and enjoying the rewards, at the same time. Such people innovate as they become a source of new ideas, goods, services, and business procedures. Entrepreneurs play a key role in the economy where they use their skills to bring new ideas into the market. If their ideas are successful, they are awarded profits, fame, and continued growth opportunities. Lyron Foster is one such successful entrepreneur who has made a name for himself in the business world. He is the CEO of Code Armada, along with 87 other technology brands across 4 countries. He was also the co-founder/CTO of Hostgator.com. He is a renowned serial entrepreneur, author, investor, coder, and technologist.

Lyron had always been interested in technology. According to his family, he had always possessed a natural aptitude for it. He started programming at the age of 12 and started experimenting with Slackware Linux at the age of 13. Over the years, he mastered the skills required to become a technologist. He was only 21 years old when he got his first real “technology” job at BurstNet working as a Linux Engineer. Soon he emerged as a successful technologist, having mastered all the skills. His passion for technology remained constant throughout his life.

Apart from being a successful technologist, Lyron is largely known for his serial entrepreneurship. As a serial entrepreneur, Lyron is continuously coming up with new ideas and starting new businesses. A serial entrepreneur often comes up with an idea and works on setting things up. Once things get started, they give the responsibility to someone else and move on to a new idea and a new venture. Throughout his career, some of the most memorable experiences had to be focused on his business failures and successes. He has often been lucky enough to found or co-found some of the most amazing ventures, such as Code Armada and Hostgator.  However, he has also had the misfortune of experiencing multiple business failures first hand. But Lyron never let this get to him as he learned from his mistakes and always performed better later on. He has learned lots from both his successes and failures. To this date, he has founded or co-founded over 87 businesses across 4 countries.

Despite experiencing multiple business failures, Lyron Foster has never given up and continues to thrive. His peerless determination rivals that of some of the biggest names in business.

One of his most successful business has been HostGator. HostGator was founded in a dorm room at Florida Atlantic University. HostGator has now grown into a leading provider of Shared, Reseller, VPS, and Dedicated web hosting. It is headquartered in Houston and Austin, Texas, with several international offices throughout the globe. Whether you are looking for a personal website hosting plan or a business website hosting plan, HostGator is the perfect solution for it. Their powerful website hosting services do not only help people achieve their overall website goals, but also provides them with the confidence they need in knowing that they have been with a reliable and secure website hosting platform. HostGator is the easiest website hosting platforms to use where Lyron served as the CTO for HostGator.

Currently, Lyron has extended his services to Code Armada, where he serves as the CEO of the company. The Code Armada is a leading US Based Technology Services & Staffing Solutions provider. They train and nurture the world’s top IT talent and then put them to work for businesses around the globe. Lyron has been successfully provided IT talent to the world.

Despite being such a busy man, Lyron finds time for his personal life as he showcases it on his Instagram. He can be seen sharing pictures of his delicious food, his friends and family, and his adventures around town.

For more information, people can follow him on Twitter at @LyronFoster or on Instagram at @lfoster96720.

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Exploiting wormable flaw on unpatched Windows devices is about to get easier

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Exploiting wormable flaw on unpatched Windows devices is about to get easier

Enlarge (credit: Windows)

A researcher has published exploit code for a Microsoft Windows vulnerability that, when left unpatched, has the potential to spread from computer to computer with no user interaction.

So-called wormable security flaws are among the most severe, because the exploit of one vulnerable computer can start a chain reaction that rapidly spreads to hundreds of thousands, millions, or tens of millions of other vulnerable machines. The WannaCry and NotPetya exploits of 2017, which caused worldwide losses in the billions and tens of billions of dollars respectively, owe their success to CVE-2017-0144, the tracking number for an earlier wormable Windows vulnerability.

Also key to the destruction was reliable code developed by and later stolen from the National Security Agency and finally published online. Microsoft patched the flaw in March 2017, two months before the first exploit took hold.

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