Duncan Riley
Latest from Duncan Riley
Swave Photonics debuts Holographic eXtended Reality display with tiny-pixel technology
Holographic display startup Swave Photonics today announced the development of what is claimed to be the world’s first 3D holographic display technology for compact extended reality form factors such as smart glasses. Swave’s new Holographic eXtended Reality is a new type of advanced display technology that produces a pixel pitch of less than 300 nanometers ...
Rubrik’s stock jumps 16% above IPO price after company raises $752M
Updated: Data security software provider Rubrik Inc. today set an initial public offering price of $32 per share ahead of its listing on the New York Stock Exchange Thursday morning, raising $752 million. The Rubrik IPO will see the company offering 23 million shares on a valuation of $5.6 billion, according to Bloomberg, although including stock options ...
IBM expands hybrid cloud portfolio with $6.4B acquisition of HashiCorp
As expected, IBM Corp. today announced that it has entered into a definitive agreement to acquire infrastructure management provider HashiCorp Inc. for $35 per share in cash, for a total of $6.4 billion. Reports that IBM was in talks to acquire Hashicorp emerged yesterday, with a claim that a deal could be signed in a ...
Cisco warns of state-sponsored cyberattacks targeting government networks
Cisco Systems Inc. today warned that a suspected national-state actor has been actively targeting two previously unknown security vulnerabilities in Cisco products since November to breach government networks. The campaign, dubbed “ArcaneDoor” and tracked as UAT4356, was first detected by Cisco when it was contacted by a customer earlier this year. The customer reported suspicious ...
Coalition reveals uptick in cyber insurance claims driven by ransomware in 2023
A new report released today by cybersecurity insurance startup Coalition Inc. details a rise in cyber insurance claims in 2023, primarily driven by ransomware claims. In 2023, Coalition saw a 13% year-over-year increase in claims, but that was below an historic high in 2021. Overall claims severity increased 10% year-over-year to an average loss amount of ...
New Ionix service integrates cloud and on-premises security for broader risk management
Israeli attack surface management startup Ionix Inc. today launched Attack Surface Cloud Cross-View, a new service that allows organizations to view their complete attack surface risk. Attack Surface Cloud Cross-View, offered as part of Ionix’s attack surface management platform, connects Ionix ASM to an internal cloud asset view that maps all application-level dependencies. Doing so ensures that ...
Irish startup Tines raises $50M to expand no-code automation tools
Irish no-code automation startup Tines Security Service Ltd. today announced it has raised $50 million in new funding to enhance its workflow automation platform with expanded features and artificial intelligence enhancements. Founded in 2018, Tines offers a platform for building workflows and automating processes that are designed to empower technical teams. The platform allows users to create ...
French security startup BforeAI raises $15M for US expansion and service enhancement
French predictive security startup BforeAI today announced it has raised $15 million in new funding to supercharge its U.S. expansion and enhance its services. Founded in 2020 as Predimya SAS and a graduate of the Google for Startups Growth Academy, BforeAI offers a platform that autonomously maps and predicts malicious infrastructure. It does so by analyzing ...
Tesla shares climb over 10% amid plans for new, more affordable models next year
Shares in Tesla Inc. rose more than 10% in late trading today despite a downbeat earnings report and outlook after the electric car maker announced its intention to introduce new, more affordable models in 2025. For its first quarter that ended on March 31, Tesla reported adjusted earnings per share of 45 cents on revenue ...
New Oleria service aims to tackle modern identity challenges in cybersecurity
Adaptive and autonomous security access solutions startup Oleria Corp. today announced the general availability of Oleria Adaptive Security, a service that offers fine-grained visibility into access and access usage at an individual resource level. Designed to allow chief information security officers and their teams to answer questions such as who has access to what, how they got it ...









