CommonGround raises $19M to rethink online communication
CommonGround, a startup developing technology for what its founders describe as “4D collaboration,” is announcing that it has raised $19 million in funding. This isn’t the first time Amir Bassan-Eskenazi and Ran Oz have launched a startup together — they also founded video networking company BigBand Networks, which won two technology-related Emmy Awards, went public […]
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VMware files suit against former exec for moving to rival company
Earlier this month, when Nutanix announced it was hiring former VMware COO Rajiv Ramaswami as CEO, it looked like a good match. What’s more, it pulled a key player from a market rival. Well, it seems VMware took exception to losing the executive, and filed a lawsuit against him yesterday for breach of contract. The […]
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AI chipmaker Graphcore raises $222M at a $2.77B valuation and puts an IPO in its sights
Applications based on artificial intelligence — whether they are systems running autonomous services, platforms being used in drug development or to predict the spread of a virus, traffic management for 5G networks or something else altogether — require an unprecedented amount of computing power to run. And today, one of the big names in the […]
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Looking ahead after 2020’s epic M&A spree
When we examine any year in enterprise M&A, it’s tempting to highlight the biggest, gaudiest deals — and there were plenty of those in 2020. I’ve written about 34 acquisitions so far this year. Of those, 15 were worth $1 billion or more, 12 were small enough to not require that the companies disclose the […]
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With a $50B run rate in reach, can anyone stop AWS?
AWS, Amazon’s flourishing cloud arm, has been growing at a rapid clip for more than a decade. An early public cloud infrastructure vendor, it has taken advantage of first-to-market status to become the most successful player in the space. In fact, one could argue that many of today’s startups wouldn’t have gotten off the ground […]
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IAC plans to spin off Vimeo as an independent company
IAC announced today that it plans to turn Vimeo into an independent, publicly traded company. Last month, IAC CEO Joey Levin wrote a letter to shareholders in which he said the holding company had “begun contemplating spinning Vimeo off to our shareholders.” It sounds like the company has moved beyond the contemplation phase, with plans […]
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IBM snags Nordcloud to add multi-cloud consulting expertise
IBM has been busy since it announced plans to spin out its legacy infrastructure management business in October, placing an all-in bet on the hybrid cloud. Today, it built on that bet by acquiring Helsinki-based multi-cloud consulting firm Nordcloud. The companies did not share the purchase price. Nordcloud fits neatly into this strategy with 500 […]
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Thoma Bravo to acquire RealPage property management platform for $10.2B
The busy year in M&A continued this weekend when private equity firm Thoma Bravo announced it was acquiring RealPage for $10.2 billion. In RealPage, Thoma Bravo is getting a full-service property management platform with services like renter portals, site management, expense management and financial analysis for building and property owners. Orlando Bravo, founder and a […]
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OneTrust nabs $300M Series C on $5.1B valuation to expand privacy platform
OneTrust, the four-year-old privacy platform startup from the folks who brought you AirWatch (which was acquired by VMmare for $1.5 billion in 2014), announced a $300 million Series C on an impressive $5.1 billion valuation today. The company has attracted considerable attention from investors in a remarkably short time. It came out of the box with […]
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UiPath files confidential IPO paperwork with SEC
UiPath, the robotic process automation startup that has been growing like gangbusters, filed confidential paperwork with the SEC today ahead of a potential IPO. “UiPath, Inc. today announced that it has submitted a draft registration statement on a confidential basis to the U.S. Securities and Exchange Commission (the “SEC”) for a proposed public offering of […]
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Spryker raises $130M at a $500M+ valuation to provide B2Bs with agile e-commerce tools
Businesses today feel, more than ever, the imperative to have flexible e-commerce strategies in place, able to connect with would-be customers wherever they might be. That market driver has now led to a significant growth round for a startup that is helping the larger of these businesses, including those targeting the B2B market, build out […]
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2020’s top 10 enterprise M&A deals totaled a staggering $165B
While 2020 won’t be remembered fondly by many of us for much of anything, it was a blockbuster year for enterprise M&A with the top 10 deals totaling an astounding $165.2 billion. This is the third straight year I’ve done this compilation. Last year the number was $40 billion. The year prior it was $87 […]
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Perigee snares $1.5M seed to secure HVAC and other infrastructure
It’s been an eventful fall for Perigee CEO and founder Mollie Breen. The former NSA employee participated in the TechCrunch Disrupt Startup Battlefield in September, and she just closed her first seed round on Thanksgiving, giving her a $1.5 million runway to begin building the company. Outsiders Fund led the round, with participation from Westport, […]
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Amazon asks judge to set aside Microsoft’s $10B DoD JEDI cloud contract win
It’s been more than two years since the Pentagon announced its $10 billion, decade-long JEDI cloud contract, which was supposed to provide a pathway to technological modernization for U.S. armed forces. While Microsoft was awarded the contract in October 2019, Amazon went to court to protest that decision, and it has been in legal limbo […]
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Hightouch raises $2.1M to help businesses get more value from their data warehouses
Hightouch, a SaaS service that helps businesses sync their customer data across sales and marketing tools, is coming out of stealth and announcing a $2.1 million seed round. The round was led by Afore Capital and Slack Fund, with a number of angel investors also participating. At its core, Hightouch, which participated in Y Combinator’s Summer 2019 […]
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BigID keeps rolling with $70M Series D on $1B valuation
BigID has been on the investment fast track, raising $94 million over three rounds that started in January 2018. Today, that investment train kept rolling as the company announced a $70 million Series D on a valuation of $1 billion. Salesforce Ventures and Tiger Global co-led the round with participation Glynn Capital and existing investors […]
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Zoomin raises $21M for a platform to make fragmented product content troves easier to use
Technical manuals and other product content may not be the first things that come to mind when you are thinking of software. But if you’ve ever found yourself in a pickle or just need some help getting something to work correctly, you know how vital they can be, and also how frustrating it can be […]
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Vista’s $3.5B purchase of Pluralsight signals a maturing edtech market
On Monday, Pluralsight, a Utah-based startup that sells software development courses to enterprises, announced that it has been acquired by Vista for $3.5 billion. The deal, yet to close, is one of the largest enterprise buys of the year: Vista is getting an online training company that helps retrain techies with in-demand skills through online […]
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AWS introduces new Chaos Engineering as a Service offering
When large companies like Netflix or Amazon want to test the resilience of their systems, they use chaos engineering tools designed to help them simulate worst-case scenarios and find potential issues before they even happen. Today at AWS re:Invent, Amazon CTO Werner Vogels introduced the company’s Chaos Engineering as a Service offering called AWS Fault […]
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Twitter taps AWS for its latest foray into the public cloud
Twitter has a lot going on, and it’s not always easy to manage that kind of scale on your own. Today, Amazon announced that Twitter has signed a multi-year agreement with AWS to run its real-time timelines. It’s a major win for Amazon’s cloud arm. While the companies have worked together in some capacity for […]
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Security News
FBI: Home Surveillance Devices Hacked to Record Swatting Attacks
A warning issued this week by the FBI warns owners of smart home devices with voice and video capabilities that these types of systems have been targeted by individuals who launch so-called “swatting” attacks.
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Shields Up: How to Tackle Supply Chain Risk Hazards
Organizations Need to Monitor and Manage IT Security Risks Downstream in the Supply Chain
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U.S. Treasury Warns Financial Institutions of COVID-19 Vaccine-Related Cyberattacks, Scams
The United States Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) has issued an alert to warn financial institutions of fraud and cyberattacks related to COVID-19 vaccines.
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Apple Loses Copyright Suit Against Security Startup
A federal judge Tuesday dismissed Apple's copyright infringement lawsuit against cybersecurity startup Corellium in a case which could have implications for researchers who find software bugs and vulnerabilities.
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How to Build a Better Cyber Intelligence Team
As You Build Your Cyber Intelligence Program, Don’t Overlook the Importance of Investing in the Right People
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Kawasaki Says Data Possibly Stolen in Security Breach
Kawasaki Heavy Industries on Monday revealed that information from its overseas offices might have been stolen following a security breach that occurred earlier this year.
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Goldman Sachs Buys Anti-Bot Startup White Ops
Fraud and bot-detection specialists White Ops has been acquired by the Goldman Sachs merchant banking division in partnership with investment firms ClearSky Security and NightDragon.
Financial terms of the acquisition were not disclosed.
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Privacy Management Firm OneTrust Secures $300M at $5.1B Valuation
OneTrust, a provider of privacy, security and data governance tools, announced a $300 million Series C funding round led by new investor TCV.
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Google: Microsoft Improperly Patched Exploited Windows Vulnerability
Google Project Zero has disclosed a Windows zero-day vulnerability caused by the improper fix for CVE-2020-0986, a security flaw abused in a campaign dubbed Operation PowerFall.
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New Zero-Day, Malware Indicate Second Group May Have Targeted SolarWinds
A piece of malware named by researchers Supernova and a zero-day vulnerability exploited to deliver this malware indicate that SolarWinds may have been targeted by a second, unrelated threat actor.
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HelpSystems Acquires Data Protection Firm Vera
HelpSystems, a Minneapolis, Minnesota-based software company, announced on Wednesday that it has acquired cloud-based data protection solution provider Vera for an undisclosed amount.
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Vermont Hospital Says Cyberattack Was Ransomware
A Vermont-based hospital network is now saying a cyberattack that crippled its computer systems in October was ransomware.
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North Korean Hackers Target COVID-19 Research
The North Korea-linked threat actor known as Lazarus was recently observed launching cyberattacks against two entities involved in COVID-19 research.
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Critical Flaws in Kepware Products Can Facilitate Attacks on Industrial Firms
Several critical vulnerabilities have been found by researchers in products from PTC-owned industrial automation solutions provider Kepware.
The U.S. Cybersecurity and Infrastructure Security Agency (CISA) last week published two advisories describing vulnerabilities identified in Kepware products.
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ACLU Sues FBI to Learn How It Obtains Data From Encrypted Devices
The American Civil Liberties Union (ACLU) announced on Tuesday that it has filed a lawsuit against the FBI in an effort to find out how the law enforcement agency can access information stored on encrypted devices.
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Biden Says Huge Cyberattack Cannot Go Unanswered
President-elect Joe Biden said Tuesday that the perpetrators of a massive cyberattack on the US government, unofficially blamed on Russia, must face consequences, and assailed President Donald Trump over his response to the threat.
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DHS Details Risks of Using Chinese Data Services, Equipment
In an advisory this week, the Department of Homeland Security (DHS) warned American organizations of the risks posed by using data services and equipment from firms that have ties to the People’s Republic of China (PRC).
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Millions of Devices Affected by Vulnerabilities Used in Stolen FireEye Tools
Millions of devices are exposed to potential attacks exploiting the vulnerabilities used in the tools that threat actors recently stole from FireEye, security and compliance solutions provider Qualys reported on Tuesday.
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U.S. Government Warns of Phishing, Fraud Schemes Using COVID-19 Vaccine Lures
Several U.S. government organizations have issued warnings regarding various types of fraud and phishing schemes that use COVID-19 vaccine-related topics to lure potential victims.
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UN Rights Expert Urges Trump to Pardon Assange
A UN rights expert on Tuesday urged outgoing US President Donald Trump to pardon Julian Assange,
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