Solo.io reaches $1B valuation with $135M Series C investment
Solo.io, a Cambridge, Massachusetts service mesh startup, announced a $135 million Series C at a $1 billion valuation. Altimeter Capital led today’s round, with participation from existing investors Redpoint Ventures and True Ventures.
Fullcast Raises $4M in Series A Funding to Accelerate its Growth as the Only End-to-End RevOps Platform
Fullcast announced that it closed $4M in Series A funding. Fullcast was created specifically to bring together all of the moving pieces of a sales Go-To-Market (GTM) by experts who fully understand both the Salesforce product and the need for smoother integration. Fullcast empowers leading SaaS companies to plan, execute, and analyze their GTM strategy.
CloudEntity Appoints Jason Needham as CEO
Cloudentity, a leading provider of modern application authorization and consent solutions, today announced the appointment of Jason Needham as chief executive officer and member of its board of directors. Needham brings over 25 years of leadership experience across application networking, IT automation, cloud security and SaaS solutions to his role at Cloudentity, where he will lead the company during its accelerated growth period.
OneTrust acquires Tugboat Logic to automate InfoSec assurance and certification
Data privacy, governance, and compliance platform OneTrust has announced plans to acquire Tugboat Logic, a platform that companies use to garner security certifications such as ISO 27001.
Tenable to Buy Accurics for About $160M in Cash
Cyber-exposure company Tenable Inc. has agreed to buy Accurics Inc., which said its platform enables the detection and mitigation of risks in the so-called infrastructure as code, for about $160 million in cash.
Mastercard makes a big bet on crypto, buying blockchain analytics start-up CipherTrace
Mastercard has agreed to acquire blockchain analytics start-up CipherTrace, in the latest sign of how major companies are warming to cryptocurrencies.
Autonomous car insurance drives new opportunities
Koop Technologies, which is based in Pittsburgh, Pennsylvania, is developing what it calls an “API-powered” insurance platform for autonomous vehicles, robotics, and “machine-centric” risks.
542nd Roundtable Recording with Warren Weiss, WestWave Capital
Podcast discussion with Warren Weiss, founder and partner at WestWave Capital.
Reali Secures $250M For Its Real Estate Fintech Platform
Founded in 2015 by Ami Avrahami and Amit Heller, Reali was created to change the way people experience home buying and selling by prioritizing consumer interests with a team of local licensed real estate agents, an app that enables transactions between property buyers and sellers, and other technology-driven tools.
prezent.ai Raises $4.3 Million to launch Presentation Productivity Platform for Enterprise Teams
prezent.ai, the presentation productivity platform for enterprise teams, today announced it has raised $4.3 million in seed capital. prezent.ai empowers enterprise teams to create hyper-personalized business presentations fast and distribute them instantly. The company is founded by ex-Cisco Senior Vice President Rajat Mishra, who serves as its CEO
OnSpecta announces agreement to be acquired by Ampere Computing
Ampere® Computing today announced it has agreed to acquire AI technology startup OnSpecta, strengthening Ampere® Altra® performance with AI inference applications. The OnSpecta Deep Learning Software (DLS) AI optimization engine can deliver significant performance enhancements over commonly used CPU-based machine learning (ML) frameworks.
Spectro Cloud raises $20M Series A round
Spectro Cloud, a next-gen Kubernetes enterprise management platform that makes it easy for teams to manage the full lifecycle of any combination of new and existing Kubernetes environments on any data center or cloud environment, today announced the completion of its Series A funding round, amounting to $20M, which is led by Stripes, a leading investor in software and consumer products.
Reali Elevates Tyler Baldwin to CEO to Guide Next Phase of Growth
Reali, the real estate and fintech company transforming home buying and selling, today announced that Tyler Baldwin will transition from COO to CEO in anticipation of continued, accelerating growth. Baldwin will assume the role currently held by co-founder and CEO Amit Haller, who will in turn assume the role of Executive Chairman of the Board, where he will continue to provide his institutional knowledge and oversee the board’s activities.
Binance Deploys CipherTrace Tool for Travel Rule Compliance
Binance said it is using crypto intelligence firm CipherTrace’s “Traveler” product to help it comply with global “travel rule” regulations.
Accurics Announces Partnership with GitLab
Accurics makes use of GitLab’s connection to give DevSecOps teams a holistic, contextualized view of application and infrastructure vulnerabilities.
TheLoops Secures $8.75M in Seed Funding to Reinvent Support Operations for Modern SaaS Businesses
TheLoops, an intelligent support operations platform, today announced it has closed $8.5 million in a seed funding round led by Dell Technologies Capital, with participation from Tidal Ventures and Westwave Capital.
Vendia Named a 2021 Gartner Cool Vendor in Cloud Computing
Vendia, a multi-party application development platform for sharing code and data in real time, has been recognized as a 2021 Gartner Cool Vendor in the “Cool Vendors in Cloud Computing” report by Arun Chandrasekaran, Sid Nag, and David Wright on May 13, 2021.
Binance Smart Chain Adds CipherTrace for Tracking Illicit Transactions
Decentralized finance (DeFi), or at least Binance’s version of it, is officially being given the blockchain analytics treatment, courtesy of California-based CipherTrace.
Phison and Cigent Partnership Sets New Standard in Cybersecurity with Self-Defending Flash Storage Drives
Phison Electronics Corp. (TPEX:8299), a global leader in NAND flash controllers and a complete line of storage solutions, and Cigent® Technology, Inc., the leader in embedded cybersecurity technology, today unveiled design details behind the partnership that has delivered the industry’s first and only line of self-defending storage devices with cybersecurity built into the firmware itself to protect against ransomware, data theft and malicious insider theft.
Crypto.com Becomes the First Cryptocurrency Exchange to Announce Global Travel Rule AML Compliance Using CipherTrace Traveler
Crypto.com has become the first cryptocurrency exchange to announce the use of CipherTrace’s Traveler solution, the first commercial solution to enable compliance with global Anti-Money Laundering (AML) travel rule laws.
Imperva® to Acquire CloudVector, Accelerates Vision for Web Application and API Protection
Imperva, Inc., (@Imperva) the cybersecurity leader whose mission is to protect data and all paths to it, announced it has entered into an agreement to acquire CloudVector, a leader in advanced API security. CloudVector enables customers to discover, monitor, and protect all API traffic in any environment from exploits and breaches.
Cigent Technology melds security and storage to protect sensitive data
To protect data on an endpoint, an enterprise has to get everything right. Otherwise, hackers will find a way to slip in and access sensitive data. But Cigent Technology says it has found a new way to protect data by combining methods from security, storage, and data recovery to make an impenetrable system. The company has its roots in a military project it is now turning into a commercial offering, boosted by a new round of funding led by the CIA’s venture capital firm, In-Q-Tel.