Duncan Riley
Latest from Duncan Riley
Swap raises $100M Series C round to expand global commerce operating system
Commerce operating system company Swap Commerce Ltd. revealed today that it has raised $100 million in new funding to accelerate its expansion into new geographies, enhance its payments capabilities and build out its differentiated end-to-end commerce product suite. Founded in 2022, Swap offers a commerce operating systems designed to unify and streamline the complex backend operations ...
Barracuda report finds phishing kits doubled in 2025 as attacks grew more evasive
A new report out today from Barracuda Networks Inc. has detailed how phishing attacks grew more sophisticated and harder to detect in 2025 thanks to the rapid evolution of phishing-as-a-service kits that are increasingly incorporating multifactor authentication bypass, artificial intelligence-generated content and advanced evasion techniques. According to Barracuda’s “Threat Spotlight: How phishing kits evolved in ...
PitchBook: AI dominates global venture capital as 2025 deal value nears record
The global venture capital market hit its second-highest annual total on record in 2025, with the year seeing $512 billion in deal value, nearly matching 2022, the current high-water mark, according to a first look at the quarterly PitchBook-NVCA Venture Monitor report released early Wednesday. In terms of VC dealmaking as in much of the tech world, 2025 ...
Mobileye to acquire AI humanoid robotics startup Mentee Robotics in $900M deal
Automotive chip maker Mobileye Global Inc. announced today that it has agreed to acquire artificial intelligence humanoid robotics company Mentee Robotics Ltd. in a $900 million deal. The deal consists of $612 million in cash and up to 26.2 million shares in Mobileye Class A common stock, subject to adjustment based on the vesting of ...
OneStream to be acquired by Hg in all-cash $6.4B transaction
Financial service provider OneStream Inc. announced today that it will be acquired by an entity controlled by buyout firm Hg in an all-cash transaction that values OneStream at $6.4 billion. Under the terms of the deal, OneStream shareholders will receive $24 per share, a 31% premium over OneStream’s closing share price as of Jan. 5 ...
Exabeam targets AI agent risk with connected, AI-driven security workflows
Security intelligence and management solutions company Exabeam Inc. today announced a new release that extends its security analytics platform to address the growing risks of enterprise artificial intelligence usage and AI agent activity. The new release extends the company’s user and entity behavior analytics to bring together AI agent behavior analytics, unified timeline-driven investigation of AI activity ...
AMD launches Ryzen AI PC, data center, mobile and embedded processors at CES
Advanced Micro Devices Inc. late today unveiled two new portfolios of x86 Ryzen processors today as it doubled down on providing AI chips across technology platforms. For one, AMD introduced the Ryzen AI 400 Series processor (below), the latest iteration of its AI-powered personal computer chips, at the annual CES electronics conference in Las Vegas. It ...
Sedgwick confirms cyberattack on subsidiary after TridentLocker claims data theft
Claims and risk services administration company Sedgwick Claims Management Services Inc. has confirmed that a cyberattack impacted one of its subsidiaries late last year after the TridentLocker ransomware group claimed to have stolen sensitive data from the company. The cyberattack occurred on Dec. 30 and involved Sedgwick Government Solutions Inc., a subsidiary that provides technology-enabled ...
Brightspeed probes alleged cyberattack as Crimson Collective threatens data release
U.S. telecommunications and internet provider Brightspeed is investigating claims of the cyberattack after the Crimson Collective hacking group claimed to have breached the company’s systems and exfiltrated sensitive customer information. Crimson Collective claimed in late December that it had obtained the personal information of more than 1 million Brightspeed customers. The stolen data allegedly includes ...
Former Apple Face ID engineers launch robotics startup Lyte with $107M in funding
Robotics startup Lyte AI Inc. launched today as it announced that it has raised $107 million in funding. Founded in 2021 by former top members of the team behind Apple Inc.’s Face ID, Lyte is trying to solve the problem of how robots perceive and understand their environment. The company is creating a unified perception platform ...









