As we move forward with Aura’s acquisition of Qoria, we are highly focused on structuring the combined company for strong execution, positioning ourselves for long-term growth and optimizing our organization to support our AI-centric technology vision. In support of those efforts, we shared a couple of leadership updates: - Following the completion of the transaction and the integration of our two companies, I will continue on as CEO of the newly combined Aura. - Tim Levy, who has grown Qoria to a global leader in digital safety in schools, will join Aura’s Board of Directors and will now head up a new growth and innovation venture within Aura– Aura Alpha– focused on strategic partnerships, global distribution channels, corporate development, M&A and policy, regulatory and market development initiatives. - Aura’s current CFO, Brian DeCenzo, will remain on as CFO and President of the combined company, where he will lead our cost optimization program with the goal of being cash flow positive by the end of 2026. Our team is so confident in the outlook for the combination of Aura and Qoria, one of our primary investors, WndrCo, and I will be investing an additional $25 million in the combined company, building upon the $75 million commitments already made by myself and several of our major shareholders. This investment will support the combined group’s balance sheet, facilitate new investment into transformative AI applications and ensure we have the resources to execute with speed and discipline. With these changes, I will be stepping down as CEO of Point Wild, transitioning my role to Chairman of the Board and working closely with Neill Feather as he takes on the role of CEO. As President and COO, Neill has been instrumental in shaping Point Wild’s strategic direction, leading M&A and scaling Point Wild into the AI-powered cybersecurity leader. I am incredibly excited to see what he does as CEO. I am so energized by the outlook for both of these companies and excited for what’s next. Onward.
Congrats Hari and Neill! Thank you for allowing me to part of such a dedicated, talented, innovative, and passionate group hard wired to drive positive results for both employees and our customers.
Congratulations to all.
Impressive moves, and great planning.
Congratulations Hari…. Strategic outlook is bright.
Congratulations! Love the mission of Qoria.
Love it! Congrats Hari Ravichandran and Neill Feather.
Exciting moves. Great vision!
Congrats to you and Neill!
Our team at Linewize by Qoria is very excited for the future!