Intelligent CXO Issue 11 | Page 7

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Capital Midwest fund announces initiative for diversity , equity and inclusion

Capital Midwest Fund ( CMF ), a Milwaukee-based venture capital firm , has announced its commitment to Diversity , Equity and Inclusion ( DE & I ).

CMF will proactively invest in female founders and racially diverse founders and plans to focus on the equity component that is often overlooked in DE & I strategies .
As part of the initiative , CMF is developing a framework to both guide the process and measure its impact . CMF will also work with its portfolio companies to develop DE & I initiatives at the company level as well .
" We have unintentionally done a reasonable job with DE & I historically , at least compared to the industry benchmarks , but a more intentional DE & I strategy will provide more opportunities for female and minority founders , while we maintain our core investment criteria , which has led to success in past investments ," said Alvin Vitangcol , CMF Partner .
" We believe our reinvigorated commitment to female and minority providers will help further break down barriers that prevent diverse-led companies from raising capital ," added Michael Harper , CMF Partner . " We also plan to serve as an advocate to our fellow venture capital investors ."

SONOC launches end-to-end management tool for retail customers

SONOC , a global innovator in voice and messaging management , has launched SONOC DID Manager , its Direct Inward Dialing ( DID ) management tool to enable customers to expand their footprint with a local presence of DID numbers . accommodate a wider portfolio of customers . The growing voice and messaging market means more and more businesses need access to a simple and efficient management tool that will not take up valuable resources .”

The comprehensive end-to-end management tool is an advanced web portal for provisioning and configuration of virtual numbers straight from the cloud .
Users can access numerous services – including number ordering , reporting , SIP trunk management , invoicing , SMS connection , number portability and user management – all integrated into a single , user-friendly platform .
The SONOC DID Manager comes ready to integrate into any business ’ s applications with its RESTful APIs .
“ SONOC ’ s DID Manager makes it fast and simple to purchase a DID number , drive calls to a specific location and assign that number to any device in the world ,” said Craig Phillips , VP of Product Management at SONOC . “ The platform is ready for public and private cloud deployments , although our solutions team is ready to provide hosted or private server installations to
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