Fortinet Inc. today reported earnings and revenue beats in its fiscal first quarter, driven by an increase in its cybersecurity market share. For the quarter that ended on March 31, Fortinet reported net income before costs such as stock compensation of 34 cents per share, up 79% on an adjusted basis from the same quarter ...

Data security startup Immuta Inc. today announced a new strategic investment from Databricks Ventures, the investment arm of big data and machine learning software provider Databricks Inc. The investment is said to build on a longstanding partnership between the two companies and positions Immuta as a Databricks trusted partner of choice for data security and access control. The investment amount ...

Edge cloud platform provider Fastly Inc. reported record quarterly revenue in its fiscal first quarter of 2023, driven by strong customer growth. For the quarter that ended March 31, Fastly reported a loss before costs such as stock compensation of $14 million, or nine cents per share, down from a loss of $17.74 million, or ...

Shares in Informatica Inc. fell slightly in late trading after the data integration firm reported revenue and earnings roughly in line with expectations. For its first quarter that ended March 31, Informatica reported earnings before costs such as stock compensation of 15 cents per share, down from 20 cents in the same quarter of last ...

Security compliance startup Vanta Inc. today announced the launch of a new solution designed to enable organizations to accelerate, automate and simplify third-party vendor security reviews and due diligence. Called Vanta Vendor Risk Management, the service features vendor auto-discovery and continuous vendor assessment and remediation workflows. The solution is said to reduce significantly the time and costs ...

Business planning platform startup Pigment SAS today launched a new artificial intelligence-based offering designed to help business teams make faster, more informed decisions. Pigment AI, not surprisingly, brings AI to Pigment’s existing cloud-based business forecasting platform that handles business strategy in real time. The use of AI is said to assist finance, sales and human resources leaders in increasing ...

New data released today by Crunchbase Inc. finds that global venture capital funding continued to decline in April as broader macroeconomic issues, 40-year-high interest rates and the war in Ukraine continue to disrupt global markets. In April, total global venture capital investments dropped 56% year-over-year, with the slowdown affecting all funding stages. Seed funding dropped ...

Apple Inc. and Google LLC today announced a new initiative to address the issue of unwanted tracking using Bluetooth devices such as Apple’s AirTag. The initiative launches with a draft new industry standard that would add the ability to alert both iOS and Android users to any nearby Bluetooth trackers, including those that may have ...

A joint operation coordinated by the European Union Agency for Law Enforcement Cooperation, with support from the U.S. Federal Bureau of Investigation, has resulted in the arrest of 288 dark web vendors. The operation, code-named “SpecTor,” resulted from the previously unknown seizure of a dark web marketplace called Monopoly Market in December 2021. Seizure is the ...

Customer service and support software firm Freshworks Inc. delivered its first-ever quarterly adjusted operating profit as a public company as it beat first-quarter earnings expectations. For the quarter that ended March 31, Freshworks reported net income before costs such as stock compensation of $3.9 million, or three cents per share, up from a loss of $600,000 or ...