- The First Bean Tech Fund is on a mission to invest in startups that prevent the misuse of technology and create a kinder digital world.
- Ping’s technology allows commercial drivers to hear messages out loud in 105 languages, making processes hands-free, reducing texting while driving and helping to improve overall driving habits.
- The Be Kind Tech Fund investment will help support Ping’s business development and expand its reach around the world.
San Francisco, July 27, 2022 /PRNewswire/ — They are complaining. (NYSE: GLOB), a digitally-native company focused on reinventing businesses through innovative technology solutions, today announced the investment of the Be Kind Tech Fund. PingThe US-based voice platform company, which helps enterprises eliminate distracted driving, enables commercial drivers to read their smartphone messages and emails aloud in more than 105 languages, creating a safer experience for drivers, passengers and pedestrians.
As Be Kind Tech Fund’s first investment — alongside investments from other organizations — the fund helped grow Ping. $5 million A joint seed round, which allows the company to transfer its patented technology to hundreds of gig economy companies around the world. In addition to expanding Ping’s reach, BeKind Tech Fund’s investment will allow the company to leverage Globant’s global network.
Founded in 2021 Be a kind technology fund It is the first and only corporate venture fund focused on supporting startups that seek to address the misuse of technology. Since the inception of the Be Kind Tech Fund, the George Washington Universityas well as investors including Riverwood Capital, IDB Lab, Nazca, and entrepreneurial firms such as Endeavor, LAVCA, and Newlab. The Human Technology Center has also joined the fund as a consultant. Bringing together like-minded organizations in impactful sectors – from education to venture capital – BeKind Tech Fund is leading the way in creating a new support system for mission-driven technology startups.
“Ping is a perfect example of the type of startup we had in mind when we created the Be Kind Tech Fund,” he said. Guibert Englebienne, Co-Founder of Globant, President of Latham and Globant X. “We want to ensure that technology is used for the benefit of society, and we appreciate Ping’s innovative use of patented voice technology to help drivers get home safely. Ping has met its goals, providing our team with expert guidance from the ecosystem and contributing to its success.”
“Every day, millions of gig economy drivers are exposed to notifications and alerts delivered to their smartphones via a variety of apps, leading to distracted driving and often accidents,” he said. Garin ThorinCEO, Ping “Our goal is to protect drivers and passengers by removing distractions and helping them get home safely. The Be Kind Tech Fund’s mission to prevent misuse of technology is perfectly aligned with the purpose of the platform, and this support from the fund and its ecosystem is especially meaningful.” .”
According to the Department of Transportation’s National Highway Traffic Safety Administration (NHTSA), distracted driving costs the economy. 129 billion dollars 11 lives per year and day. To help reduce this risk, Ping has created a Drive Mode audio platform that can be integrated directly into automakers, insurers, music services, podcast platforms and fitness apps, as well as on-board telematics and commercial fleet management software. Ping can also be white-labeled to create branded apps for cities, insurers and wireless carriers. In addition to reading messages aloud, Ping can train drivers to be safer by alerting them to harsh braking and acceleration, excessive lane changes, speeding, and phone handling while driving.
CameraMatics, a vehicle operations cloud platform, integrated ping noise technology to improve safety and help commercial and fleet drivers avoid distractions that could cause accidents. “Ping technology’s ability to reduce distractions and still ensure that critical updates are communicated opens up a new level of flight safety,” he said. Mervyn O’CallaghanCEO, CameraMatics. “By integrating Ping into CameraMatics, we are now able to offer the most comprehensive security solution on the market.”
For more information about the Be Kind Tech Fund or to join the ecosystem, please visit www.bekindtechfund.com. For more information about ping please visit www.pingloud.com.
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About Globant
We are a digitally native company that helps organizations reinvent themselves to create a path forward and unleash their potential. We are a place where innovation, design and engineering balance.
- We have more than 24,500 employees, and are present in 19 countries, working for companies such as Google, Electronic Arts and Santander, among others.
- We have been named a world leader in CX optimization services by the IDC MarketScape report.
- We were also shown in the business case study Harvard, withAnd Stanford.
- We are a member of the Green Software Foundation (GSF) and the Cyber Security Tech Alliance.
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For more information, visit www.globant.com.
Be kind about the technology fund
In the year Be Kind Tech Fund launched in 2021 10 million dollars A corporate venture fund managed by Globant Ventures. The fund seeks to help international startups seeking support in developing apps, products and platforms focused on reducing the negative effects of technology such as online harassment and abuse, data privacy and security, AI bias, screen time abuse and information. bubbles and polarization.
If you are an entrepreneur or startup focused on reducing the negative impact of technology, or are interested in learning more about the Be Kind Tech Fund, please visit www.bekindtechfund.com And join the revolution.
Source Globant
