Today marks a significant milestone for Mapility AS with the release of Platform Update 3.0. This comprehensive update introduces advanced automation capabilities that will revolutionize how businesses manage their operations. Key features include intelligent workflow automation, enhanced analytics dashboard, improved integration capabilities with third-party tools, and a completely redesigned user interface that prioritizes user experience and accessibility. The update also includes new collaboration tools that enable teams to work more efficiently together, regardless of their location.
We're thrilled to announce the successful completion of our Series B funding round, raising $25 million from leading venture capital firms. This investment will fuel our expansion into new markets, accelerate product development, and strengthen our team with top talent. The funding round was led by prominent investors who share our vision of transforming business operations through innovative SaaS solutions. We plan to use these funds to enhance our platform capabilities, expand our global presence, and continue delivering exceptional value to our customers worldwide.
Enterprise customers can now benefit from our latest security and compliance features designed specifically for large organizations. These new capabilities include advanced role-based access controls, comprehensive audit logging, GDPR compliance tools, SOC 2 Type II certification support, and enhanced data encryption both at rest and in transit. Additionally, we've introduced enterprise-grade backup and disaster recovery options, ensuring business continuity for mission-critical operations. These features demonstrate our commitment to providing enterprise-level security and reliability.
We're excited to announce our strategic partnership with a leading industry player, which will significantly enhance our platform capabilities and expand our market reach. This collaboration will enable us to offer more comprehensive solutions to our customers while leveraging cutting-edge technologies and industry best practices. The partnership includes joint product development initiatives, shared go-to-market strategies, and expanded customer support capabilities across multiple regions.
We're proud to announce that we've reached the milestone of 10,000+ active users on our platform while maintaining an impressive 99.9% uptime record. This achievement reflects our commitment to reliability, scalability, and customer satisfaction. Our dedicated engineering and customer success teams have worked tirelessly to ensure that our platform meets the highest standards of performance and availability. We thank our customers for their trust and continued support as we continue to grow and improve our services.
