Maria Deutscher
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Code security startup Snyk boosts valuation to $4.7B with latest $300M round
Snyk Ltd., the maker of a popular code security tool used by more than 2 million developers, has landed a $300 million funding round at a $4.7 billion valuation. Disclosed today, the funding included contributions from the venture arms of three major tech industry players: Alphabet Inc., Salesforce.com Inc. and Atlassian Corp. PLC. They were ...
Hybrid cloud security specialist Securonix raises $24M
Securonix Inc. today said that it has raised $24 million in funding to widen the adoption of its hybrid cloud security platform, which blends features from multiple product categories to help enterprises fend off cyberattacks more effectively. The funding was provided by Capital One Financial Corp.’s Capital One Ventures. The fund’s previous investments include Snowflake ...
Privacera lands $50M Insight-led round for its cross-cloud data governance platform
A group of prominent investors have provided Privacera Inc. with $50 million in fresh funding to boost the growth of the startup’s data governance platform, which helps enterprises manage employee access to sensitive information. Fremont, California-based Privacera disclosed the investment today. Insight Partners led the round with participation from Sapphire Ventures, Battery Ventures, Accel, Cervin ...
Enterprise automation startup WorkFusion reels in $220M funding round
WorkFusion Inc., a startup helping enterprises automate manual business tasks such as onboarding new customers, today said that it has secured a $220 million late-stage funding round led by investment firm Georgian. The startup has raised more than $300 million to date. WorkFusion provides a software platform that streamlines manual processes using an approach it ...
Dropbox buys DocSend for $165M to expand its file sharing capabilities
Dropbox Inc. is spending $165 million to acquire DocSend Inc., a San Francisco startup with a service that enables workers to share documents via email more easily. The deal, announced today, is expected to close by the end of the month. DocSend’s namesake service provides many of the same features as Dropbox. Users can organize ...
Intel will develop a fully homomorphic encryption chip for DARPA
Intel Corp. today announced that it has been entrusted by the U.S. Defense Advanced Research Projects Agency to develop a chip that will enable applications to work with encrypted data without having to unscramble it first. The chip will use an emerging encryption method known as fully homomorphic encryption to facilitate such processing. The project ...
Ahead of potential $10B IPO, Deliveroo discloses surging orders and $309M loss
Food delivery startup Deliveroo today shared partial earnings data ahead of its upcoming initial public offering, revealing that it logged a big jump in customer orders last year and narrowed but still substantial losses. The IPO will give the startup an opportunity to capitalize on the recent increase in investor interest around food delivery providers. ...
McAfee to sell enterprise cybersecurity business in $4B deal
McAfee Corp. has signed an agreement to sell its enterprise cybersecurity business to a consortium led by private equity firm Symphony Technology Group, the company announced today. The deal is worth $4 billion. McAfee will put $1 billion toward paying off corporate debts and will return the rest, minus transaction-related expenses, to shareholders in the form ...
Doppler closes $6.5M GV-led round to help developers manage application secrets
Startup Doppler Inc. has closed a $6.5 million funding round from a group of high-profile investors to widen the adoption of its secrets management platform, which helps developers secure their applications. Alphabet Inc.’s GV fund led the round, which Doppler announced on Thursday. GV was joined in the investment by Y Combinator, Sequoia Capital and ...
Tim Wu, prominent critic of big tech, joins Biden administration
President Joe Biden today appointed Columbia University law professor Tim Wu to the National Economic Council, in a move seen as a sign that tech giants could face stronger scrutiny in Washington. Wu (pictured) is a prominent and longtime critic of the technology industry’s largest players. At the National Economic Council, he is taking on ...