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Cloud infrastructure access platform Teleport has raised $100 million in a Series C round, funding that values the company at $1.1 billion, according to a T stanley mug uesdayMay 3press release.Teleport announced its unicorn status on its blog TuesdayMay 3 , saying it signifies the importance of infrastructure access.Learn more: PYMNTS Intelligence: Leveraging Behavioral Analytics to Complement Other Fraud Prevention Measures Over the years of building Teleport, weve put a lot of effort into prioritizing user experienceU stanley germany Xand convenience without sacrificing security,wrote co-founder Ev Kontsevoy.We wanted Teleport to not get in the way of working. We wanted engineers to feel like their entire infrastructure getsteleportedinto the same room with them. Kontsevoy went on to predict that every organization that builds cloud software will need to have an access platform.Read more: Synthetic Identity Fraud Costs Businesses Billions Each Year, Data ShowsBased in Oakland, Teleports clients include Doordash, Elastic, Nasdaq and Snowflake, companies that emp stanley cupe loy its digital infrastructure access for remote and hybrid workforces and to deal with the growing threat of cyber attacks.Teleport said it plans to invest most of its new funding into building its product. It also wants to make its platform more accessible, investing to make its cloud-based offering accessible around the globe.The funding round was led by Bessemer Venture Partners, withsignificantparticipation from Insight Gbgd Senator Warren Warns Regulatory Relief Bill Will Cause Fresh Round of Bailouts
Uber Eats is launching an account for corporates that aims to streamline the expense management process, according to聽reports ThursdayNov. 1 .Just as Uber for Business streamlines the spend and expense reporting process for traveling employees, Uber Eats is introducing Uber Eats for Business to allow employees to order food and expense the transactions to their employers. The new solution positions the company against its top competitors that already have B2B platforms, including Grubhub, Deliveroo and Foodpanda.Uber Eats for Business is itself integrated into Uber for Business, according to reports, allowing employers to have greater control over when and where employees order food, and providing companies with a single monthly bill that breaks down how various teams spend corporate cas stanley website h.Businesses can also streamline the expensing process when employees pay for food with their own money, or allow workers to use a commercial card integrated into the platform. The solution supports customizable gourde stanleymeal programs for businesses, supporting recurring meal orders or geofencing to limit when and where employees can place their orders.聽The solution is currently available in the U.S., Uber said.The launch of Uber Eats ; enterprise platform will allow the company to press forward in its expansion efforts.Uber Eats hea stanley usa d of U.S. cities Ana Mahony recently said that an estimated 40 percent of new customers using Uber Eats are new to Uber as a whole. Its rollout of a corporate soluti
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