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Cloud Comrade becomes the first Carrier for Work partner in the Asia Pacific

The partnership will leverage Cloud Comrade’s expertise and SEA market presence to help enterprises in Singapore ensure a secure and compliant hybrid workforce using Tehama’s virtual office

SINGAPORE – Media OutReach – 19 May 2022 – Cloud Comrade, Singapore-headquartered cloud computing consultancy and managed services provider (MSP), is partnering with Tehama, a secure virtual office platform, to bring its virtual Office-as-a-Service platform on Oracle Cloud Infrastructure to enterprises in Singapore.

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Tehama’s next-generation Carrier for Work service enables enterprises to connect their remote workers with mission-critical and data-sensitive systems with unparalleled speed, agility, and security. Designed for a global hybrid workforce, Tehama provides a faster path to cloud adoption for today’s work-from-anywhere environments by enabling mid-market and large enterprises around the globe with the ability to deploy hundreds or thousands of virtual desktops connected on OCI in minutes. Enterprises leveraging Tehama also get to enjoy a comprehensive audit trail via built-in SOC 2 controls, real-time activity feeds, and session recordings that the solution offers.

“Tehama’s cloud-based platform is the smartest, safest and most secure way to deploy a virtual workforce anywhere in the world,” says Paul Vallée, Founder and CEO, Tehama. “Built on the Oracle Cloud Infrastructure, our solution delivers a robust work-from-anywhere solution that enables organizations to easily deploy a global workforce without lengthy delays or added costs. Singapore is the first part of our Southeast Asian expansion plan, and we are pleased to embark on this journey together with Cloud Comrade. Given their customer focus, professional expertise, and impressive track record in ASEAN, partnering with Cloud Comrade was a no-brainer for us. We will be working closely with them to empower more organizations in the region to reap the full benefits of a hybrid work future.”

Says Andy Waroma, Co-managing Director, Cloud Comrade, “We are very excited about this partnership. There is great synergy between Cloud Comrade and Tehama in our visions for the Southeast Asian region, which comprises some of the most robust and dynamic markets, with Singapore right at the heart of it. Cloud Comrade is committed to accelerating the digital transformation of enterprises across Southeast Asia, and we believe that Tehama’s solution is one that would reshape the way organizations in the region operate in a hybrid work future. Customers can look forward to seamless remote work enablement that is cost-optimized, brings faster time-to-value, and most importantly, comes with top-notch security.”

About Cloud Comrade

Cloud Comrade () is a Singapore-based cloud computing consultancy company with a regional footprint in Indonesia and Malaysia. The company offers a comprehensive range of services from strategy and design to deployment, migration, and management of customers’ IT infrastructure. Cloud Comrade partners with the best solution providers in the field of cloud computing and is a preferred Amazon Web Services (AWS) consulting partner in ASEAN, as well as a managed service provider for AWS, Google, and Alibaba Cloud. In January 2019, ST Telemedia (), an active strategic investor specializing in communications & media, data centers, and infrastructure technology businesses, acquired a majority stake in the company. For more information on Cloud Comrade, visit cloudcomrade.com

#CloudComrade

Laos Economy Short-changed by Foreign Currency Outflows

Foreign currency - US dollar - (Photo by Giorgio Trovato on Unsplash)

Foreign currency outflows have outpaced inflows, resulting in a lack of foreign currency, and making it harder for the economy to import commodities.

Velocity Global raises $400M in Series B growth round

DENVER, US – News Direct – 18 May 2022 –

  • Eldridge and Norwest Venture Partners lead funding round
  • Achieves multi-billion dollar valuation, a 7x increase in one year
  • Investment boosts the company’s Global Work Platform™ that enables businesses and talent to work with anyone, anywhere, anyhow

Velocity Global, the leading provider of global talent solutions, announced today that it raised $400 million in its Series B funding round, increasing the company’s valuation seven-fold since the same time last year.

This second round of funding is led by Eldridge and Norwest Venture Partners which join Series A investor FFL Partners on Velocity Global’s board to lend their deep expertise in the areas of technology, future of work and global scale. The company retains majority ownership and founder Ben Wright continues as CEO and chair of the board of directors.

“This is a pivotal moment for our company in the midst of a paradigm shift for employers and talent,” said Wright. “Access to work is no longer limited by borders or the star you are born under as the adoption of global talent accelerates. In March, we tripled the number of new supported talent on our platform compared to the same time last year, and the momentum continues to build. Eldridge and Norwest Venture Partners join FFL Partners to invest in people’s lives and the future of business. Massive kudos to our team for this achievement on our way to even greater heights.”

Profitable since its founding in 2014, Velocity Global more than doubled its client roster over the past year, tripled the number of new supported talent on its platform, and will reach an annual net revenue run rate of $200 million by midyear as it continues to scale rapidly.

“Velocity Global’s proven technology platform is positioned to transform the future of work, offering businesses a frictionless solution for building and expanding their teams,” said Todd Boehly, co-founder and CEO of Eldridge. “We are proud to partner with Ben and his team as demand continues to grow for best-in-class workforce solutions that support organizations looking to scale across the globe.”

Parker Barrile, partner at Norwest Venture Partners, joins the Velocity Global board as a director. Barrile is the former vice president of product at LinkedIn who oversaw 20-fold growth as the company went public.

“Velocity Global has a rare mix of scale, growth, and profitability that attracted us to be part of the next phase,” said Barrile. “The company is led by a strong leadership team with an ambitious roadmap, and we look forward to partnering with them as they accelerate the future of work.”

The Global Work Platform from Velocity Global

The Global Work Platform from Velocity Global

The company’s Global Work Platform™ seamlessly connects employers and talent worldwide through proprietary cloud-based talent management technology, personalized expertise, and unmatched global scale. The platform offers a full suite of talent solutions, including global Employer of Record (EoR) and Contractor Management, to help thousands of companies compliantly onboard, manage, and pay full-time and part-time talent, contractors, and freelancers in more than 185 countries and all 50 United States.

Velocity Global serves more than 1,200 clients and over 7,000 supported employees worldwide. The Velocity Global team is more than 700 employees strong in 47 countries across six continents with plans to more than double the number of employees by the end of the year. In 2021, the company successfully completed acquisitions of iWorkGlobal and Shield GEO that added capabilities to its Global Work Platform.

Velocity Global will use the funds to continue enhancing the customer experience for both businesses and talent. The company will make further strategic investments in technology, sales and marketing, as well as potential future acquisitions to execute on its vision to provide a frictionless solution for businesses and talent to work with anyone, anywhere, anyhow.

FT Partners served as exclusive strategic and financial advisor to Velocity Global on this transaction.

About Velocity Global

accelerates the future of work for anyone, anywhere, anyhow. Its Global Work Platform™ simplifies the employer and talent experience through its proprietary cloud-based talent management technology, backed by personalized expertise and unmatched global scale. The platform offers a full suite of talent solutions, including global Employer of Record and Contractor Management, to help companies onboard, manage, and pay talent in more than 185 countries and all 50 United States. Thousands of brands rely on Velocity Global to build international teams without the cost or complexity of setting up foreign legal entities or state registrations. Velocity Global was named a “Leader” in Global Employer of Record Services by prominent analyst firm NelsonHall. Founded in 2014, the company has hundreds of employees across six continents. For more information, visit .

#VelocityGlobal

About Eldridge

Eldridge invests in businesses across the Insurance, Asset Management, Technology, Mobility, Sports & Gaming, Media & Music, Real Estate, and Consumer landscapes. The firm seeks to build and grow businesses led by proven management teams that have demonstrated leadership and experience to scale an enterprise. Eldridge is headquartered in Greenwich, Connecticut, with additional offices in Beverly Hills, New York, and London. To learn more about Eldridge, please visit .

About Norwest Venture Partners

Norwest is a leading venture and growth equity investment firm managing more than $12.5 billion in capital. Since its inception, Norwest has invested in more than 650 companies and currently partners with more than 200 companies in its venture and growth equity portfolio. The firm invests in early- to late-stage businesses across a wide range of sectors with a focus on consumer, enterprise and healthcare. The Norwest team offers a deep network of connections, operating experience, and a wide range of impactful services to help CEOs and founders scale their businesses. Norwest has offices in Palo Alto and San Francisco, with subsidiaries in India and Israel. For more information, please visit . Follow Norwest on Twitter .

The issuer is solely responsible for the content of this announcement.

Sartorial Pioneer Officine Paladino Aims To Transform The Tailoring Of Menswear Through Sustainability And Digital Solutions

SINGAPORE – Media OutReach – 18 May 2022 – Purveyor of menswear fabrics Officine Paladino is an innovative, contemporary and eco-conscious fabric merchant that aims to inspire and enhance the tailoring experience for the modern man. They do this by curating sustainable high-quality fabrics, as well as offering digital solutions that simplify tailoring for everyone.

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Founded in 2017, Officine Paladino believes that tailoring and the slow fashion movement can be on trend, versatile and sustainable. They curate high-quality fabrics that weave refined style with versatility and material excellence sourced from accredited mills and farms that practice responsible farming. The fabrics selected are made exclusively with all-natural fibers that minimize the long-term environmental impact. It uses its technical know-how to develop fabrics with innovative high-performance qualities for the modern man. In its latest Eco-Evolution collection, Officine Paladino was one of the first fabric merchants in the world to introduce a crease resistant wool fabric that is both stain and water repellent.

According to Vishal Advani, Managing Director of Officine Paladino, “Our vision is simple: Everything Starts with the Fabric. We’re all about sustainability in the textile and fashion industry by adopting slow fashion — without a thread of sacrifice to innovation and quality. In fact, our partners must have strong adherence to sustainable practices and environmental care and comply with international guidelines such as REACH.”

Officine Paladino’s sustainable fabric collections are showcased in lookbooks that speak the modern language of menswear today. These lookbooks go beyond the traditional expectations and help consumers visualize the final garment. To make tailoring more approachable, it utilizes digital solutions such as an online Styling Tool that allows users to create a look using any Officine Paladino fabric. This can be shared with their preferred tailor.

“We want to redefine tailoring by encouraging customers to think outside the box of what they usually expect from a tailor – such as a classic suit – and expand the idea of made-to-measure and made-to-order to atypical tailoring and other menswear products,” said Advani.

Officine Paladino has also been favored by icons in menswear including The Bespoke Dudes’s Fabio Attanasio and Sartoria Dalcuore. With well-cultivated partnerships among tailors and tailoring-aficionados alike, Officine Paladino aims to showcase the possibility of fashion that stands the test of time via utilizing ethically-sourced, traceable and 100% natural fabrics as well as through digital innovations.

Tailors and avid sartorialists can access Officine Paladino’s digital lookbooks which offer eagle-eyed trend analysis and stylistic inspiration, while the finer discussions on suiting and sustainable fashion can be discovered on Officine Paladino’s Per-Suit blog and newsletter.

ABOUT Officine Paladino:

Established in 2017, Officine Paladino is Singapore’s finest curator of exquisite menswear fabric with innovation in mind and sustainability at heart. Sourcing their fabric from renowned mills in Italy & the UK, Officine Paladino is redefining traditional tailoring with modernity. To date, Officine Paladino is the preferred fabric for Master Tailors from Australia, Canada, Southeast Asia, USA and more. To learn more about its tailoring and distribution network, .

#OfficinePaladino

Loca Transforms Taxis Into Electric Cars By 2030

Loca is transforming all taxis into electric cars by 2030 and installing EV charging stations across the country.

Media in Laos Briefed on Russia-Ukraine Conflict

Lao journalists attended the media briefing at Australian embassy.

Lao journalists were invited to a media briefing on the situation in Ukraine jointly hosted by the Australian and UK embassies on Friday.

Woman Held at Gunpoint in Follow-Home Robbery

CCTV footage which caught men forcing the woman to open her door.

A woman was kidnapped yesterday evening and forced at gunpoint to bring assailants to her Vientiane home where valuable items were stored.

Okta Appoints Celestine Tan as Vice President, APAC Marketing

SINGAPORE- Media OutReach – 18 May 2022 – Okta, the leading independent identity provider, has appointed Celestine Tan as Vice President for Asia Pacific (APAC) Marketing, effective immediately.

Celestine Tan, Vice President, APAC Marketing at Okta
Celestine Tan, Vice President, APAC Marketing at Okta

Celestine will oversee and lead Okta’s entire marketing function in the region, including end-user, channel and field marketing, and corporate communications.

Prior to Okta, Celestine was Vice President of Global Field and Partner Marketing at Splunk, where she led an 85-person team and drove end-to-end marketing to generate demand and build the sales pipeline globally.

Earlier in her career, Celestine spent 16 years at Sun Microsystems where she rose through the ranks to become the Global Vice President of marketing for Sun’s global software unit. During her tenure, she received the coveted Marketing Leadership Award from Sun Microsystems and was a graduate of the Sun Leadership Institute.

Celestine has also held senior marketing positions at CA Technologies and Pivotal.

John Zissimos, Chief Marketing Officer, Okta, said: “I am thrilled to have Celestine join the team. She brings an incredible amount of experience working in technology companies of all sizes, and will be an invaluable support to our sales leadership as we take our brand and business in the region to the next level.”

“Many APAC firms have not fully tapped digital identity to secure, modernise and transform their enterprise,” said Celestine Tan, Vice President, APAC Marketing, Okta. “I am excited at the prospect of leading a high performing team to navigate the dynamic markets here, bringing Okta’s innovative identity expertise to our fast-growing pool of customers.”

About Okta

Okta is the leading independent identity provider. The Okta Identity Cloud enables organizations to securely connect the right people to the right technologies at the right time. With more than 7,000 pre-built integrations to applications and infrastructure providers, Okta provides simple and secure access to people and organizations everywhere, giving them the confidence to reach their full potential. More than 15,000 organizations, including JetBlue, Nordstrom, Siemens, Slack, Takeda, Teach for America, and Twilio, trust Okta to help protect the identities of their workforces and customers.

#Okta