Nozomi Networks, an industry cybersecurity startup that aims to shield critical infrastructure from cyberattacks, has raised $100 million in pre-IPO funding. The Series D funding round was led by Triangle Peak Partners, and also includes investment from a number of equipment, security, service provider and go-to-market companies including Honeywell Ventures, Keysight Technologies and Porsche Digital. […]
Yat thinks emoji ‘identities’ can be a thing, and it has $20M in sales to back it up
I learned about Yat in April, when a friend sent our group chat a link to a story about how the key emoji sold as an “internet identity” for $425,000. “I hate the universe,” she texted. Sure, the universe would be better if people with a spare $425,000 spent it on mutual aid or something, […]
EU hits Amazon with record-breaking $887M GDPR fine over data misuse
Luxembourg’s National Commission for Data Protection (CNPD) has hit Amazon with a record-breaking €746 million ($887m) GDPR fine over the way it uses customer data for targeted advertising purposes. Amazon disclosed the ruling in an SEC filing on Friday in which it slammed the decision as baseless and added that it intended to defend itself […]
True ‘shift left and extend right’ security requires empowered developers
DevOps is fundamentally about collaboration and agility. Unfortunately, when we add security and compliance to the picture, the message gets distorted.
European Investment Fund puts $30M in Fabric Ventures’ new $120M digital assets fund
Despite their rich engineering talent, Blockchain entrepreneurs in the EU often struggle to find backing due to the dearth of large funds and investment expertise in the space. But a big move takes place at an EU level today, as the European Investment Fund makes a significant investment into a blockchain and digital assets venture […]
Connected car insurance startup Flock raises $17M Series A led by Chamath Palihapitiya
Cast your mind back to that scene in Minority Report where all those autonomous cars are whizzing through the city. The more practically-minded of you may well have gone: “Yeah, but what about the insurance…?”. Among the startups building the on-demand, connected insurance world for the vehicles of tomorrow right now are UK-based Zego which […]
Zuckerberg is turning trillion-dollar Facebook into a ‘metaverse’ company, he tells investors
Following the quarterly release of Facebook’s earnings numbers where the company’s CFO takes time to walk analysts through the nitty gritty of the company’s financials, CEO Mark Zuckerberg took a moment to zoom out and wax on the company’s future goals, specifically calling out his ambitions to turn Facebook into “a metaverse company.” “I wanted […]
Facebook warns of ‘headwinds’ to its ad business from regulators and Apple
Facebook posted its second quarter earnings Wednesday, beating expectations with $29 billion in revenue. The world’s biggest social media company was expected to report $27.8 billion in revenue for the quarter, a 50% increase from the same period in 2020. Facebook reported earnings per share of $3.61, which also bested expectations. The company’s revenue was […]
Score a free month of Extra Crunch with your TC Sessions: SaaS 2021 pass
Whether you’re just starting to build your SaaS empire or you’re further along in your journey, you don’t want to miss TC Sessions: SaaS 2021 on October 27. This day-long virtual event, dedicated to the increasingly sophisticated world of software-as-a-service, features some of the sector’s biggest names, plenty of actionable advice and ample opportunity to […]
Snapchat adds My Places feature to Snap Map, recommending spots to visit
As more people are venturing out into the world this summer (safely, we hope!), Snapchat wants to make it easier for people to find restaurants, stores, parks, and other interesting spots in their neighborhood. Today, Snapchat is starting to roll out the My Places feature on its Snap Map, which connects users with over 30 […]