Enterprise ransomware defense startup Mimic Networks Inc. announced today that it has raised $50 million in new funding to enhance its ransomware defense platform, expand its market reach and accelerate product innovation. Founded in 2023, Mimic offers a platform designed to detect, deflect and facilitate rapid recovery from ransomware attacks. The company’s solution aims to ...

Shares in Expensify Inc. jumped more than 15% in late trading today after the payments provider announced a stock repurchase program and reported highly improved earnings in its fiscal 2024 fourth quarter. For the quarter that ended on Dec. 31, Expensify reported an adjusted loss of one cent per share, down from a loss of ...

Computer-aided software design company Autodesk Inc. announced today that it’s cutting 9% of its workforce, or about 1,350 people, following its quarterly earnings report, which saw the company beat analyst expectations on all metrics. The staff cuts follow a review of Autodesk’s business and a subsequent worldwide restructuring plan that prioritizes the company’s efforts in ...

Cybersecurity technology provider Rapid7 Inc. today announced additions to its Exposure Management offering that deliver increased attack surface visibility and context. The expanded offering gives organizations continuous visibility into sensitive data stored across their multicloud environments paired with the context they need to prioritize and remediate exposures. The enhancements seek to address the need for organizations ...

A new report out today from CrowdStrike Holdings Inc. highlights how cyberthreats evolved significantly in 2024, with attackers shifting toward malware-free intrusions, artificial intelligence-assisted social engineering and cloud-focused vulnerabilities. The 11th annual 2025 CrowdStrike Global Threat report details a surge in alleged China-backed cyber activity, an explosion in “vishing,” or voice phishing, and identity-based attacks ...

Shares of Synopsys Inc. rose nearly 3% in late trading today after the electronic design automation company forecast stronger-than-expected fiscal 2025 second-quarter earnings growth off the back of increasing demand for its chip design software. For the quarter that ended on Jan. 31, Synopsis reported adjusted earnings per share of $3.03, down from $3.38 per share in ...

Shares in C3.ai Inc. fell more than 5% in late trading today after the artificial intelligence software maker was weighed down by a weak earnings outlook and despite reporting fiscal third-quarter revenue and earnings beats. For the quarter that ended on Jan. 31, C3 AI reported an adjusted loss per share of 12 cents, down ...

Shares in Salesforce Inc. fell more than 3% in late trading today after the cloud-based software company fell short of expectations on revenue in its fiscal 2025 fourth quarter and issued disappointing first-quarter and full-year fiscal 2026 outlooks. For the quarter that ended on Jan. 31, Salesforce reported adjusted earnings per share of $2.78, up ...

Application security firm F5 Inc. today announced several new solutions at its annual AppWorld 2025 conference, including the F5 Application Delivery and Security Platform and new artificial intelligence-powered solutions. The new Application Delivery and Security Platform is the industry’s first converged application delivery and security platform for hybrid and multicloud infrastructures, F5 claims. It brings together high-performance ...

Modern model risk management startup Ethos AI Inc. announced today that it has raised $6 million in new funding to expand its engineering team, enhance its go-to-market efforts and strengthen its platform to help financial institutions manage model risk and deploy artificial intelligence-driven decision-making models. Founded in 2023, Ethos offers a platform specifically designed to ...