Globant’s Be Kind Tech Fund invests in voice technology platform ping to help drivers get home safely

  • Be Kind Tech Fund’s first investment in its mission to support startups that mitigate the misuse of technology and create a more respectful digital world
  • ping technology allows commercial drivers to hear messages aloud in 105 languages, making processes hands-free, reducing texting while driving and helping to improve overall driving habits
  • Be Kind Tech Fund’s investment will help fund ping’s business development and expand worldwide availability

SAN FRANCISCO, July 27, 2022 /PRNewswire/ — Global (NYSE: GLOB), a digital-native company focused on reinventing businesses through innovative technology solutions, today announced that its Be Kind Tech Fund has invested in pinga US-based voice platform company that helps businesses eliminate distracted driving by enabling commercial drivers to hear their smartphone messages and emails read aloud in over 105 languages, creating a safer experience for drivers, passengers and pedestrians.

As the Be Kind Tech Fund’s first investment – alongside investments from other companies – the fund has helped ping raise a $5 million joint funding round, which will see the company deploy its patented technology to hundreds of gig economy businesses around the world. In addition to expanding ping’s reach, the investment from the Be Kind Tech Fund will allow the company to leverage Globant’s existing network globally.

Founded in 2021, the Be Kind Tech Fund is the first and only venture capital fund entirely focused on supporting startups seeking to mitigate the misuse of technology. Since its launch, the Be Kind Tech Fund has partnered with The george washington university, as well as investors such as Riverwood Capital, IDB Lab, Nazca and entrepreneurial organizations such as Endeavour, LAVCA and Newlab. The Center for Humane Technology has also joined the Fund as an advisor. By establishing an ecosystem of like-minded organizations in influential sectors – from education to venture capital – the Be Kind Tech Fund is leading the creation of a new support system for mission-driven tech startups.

“ping is a perfect example of the type of startup we had in mind when creating the Be Kind Tech Fund,” said Guibert Englebienne, Co-founder of Globant, President for Latam and Globant X. “We want to ensure technology is harnessed for the benefit of society, and we admire Ping’s innovative use of patented voice technology to help drivers get home safely – a growing issue as the economy gigs continues to grow exponentially. We look forward to helping ping achieve its goals, providing its team with expert guidance from our ecosystem and contributing to its success.”

“Millions of gig economy drivers are put at risk every day by the constant notifications and alerts sent to their smartphones via a variety of apps, which contribute to distracted driving and often lead to accidents,” said declared Garin TorinCEO, ping. “Our goal is to keep drivers and passengers safe by eliminating distractions and helping them get home safely. The Be Kind Tech Fund’s mission to prevent the misapplication of technology is perfectly aligned with the purpose of our platform, which makes this support of the Fund and its ecosystem particularly significant.”

According to the Department of Transportation’s National Highway Traffic Safety Administration (NHTSA), distracted driving costs the economy $129 billion per year and 11 lives per day. To help mitigate this risk, ping has developed a patented Drive Mode voice platform that can integrate directly into applications from automakers, insurers, music services, podcast platforms, and fitness apps. , as well as on-board telematics and commercial fleet management software. Additionally, ping can be white-labeled to build branded apps for cities, insurers, and mobile carriers. In addition to reading messages aloud, ping can also help drivers be safer by alerting them to hard braking and acceleration, excessive lane changes, speeding, and phone manipulation while driving.

CameraMatics, a cloud-based vehicle operations platform, has integrated voice ping technology to improve safety and help commercial and fleet drivers avoid distractions that can cause accidents. “Ping technology opens a new phase in fleet security with its proven ability to reduce distractions while ensuring critical updates are communicated,” said Mervyn O’CallaghanCEO, CameraMatics. “With the integration of ping into CameraMatics, we are now able to provide the most comprehensive security solution on the market.”

For more information on the Be Kind Tech Fund or to join the ecosystem, please visit www.bekindtechfund.com. For more information on ping, please visit www.pingloud.com.

——-

About Global
We are a digital native company that helps organizations reinvent themselves to create a path forward and unlock their potential. We are where innovation, design and engineering meet.

  • We have more than 24,500 employees and we are present in 19 countries working for companies like Google, Electronic Arts and Santander, among others.
  • We were named a global leader in CX enhancement services by the IDC MarketScape report.
  • We were also the subject of a business case study at Harvard, MITand Stanford.
  • We are a member of the Green Software Foundation (GSF) and the Cybersecurity Tech Accord.

Contact: [email protected]
Register to get the first information on news and updates from the press.
For more information, visit www.globant.com.

About the Be Kind Tech fund
Launched in 2021, the Be Kind Tech Fund is a 10 million US dollars venture capital fund administered by Globant Ventures. The fund aims to help global startups seeking support in developing apps, products and platforms focused on mitigating the negative effects of technology, such as online harassment and abuse. , data privacy and security, AI biases, screen time abuse and information. bubbles and polarization.

If you are an entrepreneur or startup focused on mitigating the negative impacts of technology, or would like to learn more about the Be Kind Tech Fund, please visit www.bekindtechfund.com and join the revolution.

SOURCE Global

Comments are closed.