Google LLC has made cuts at its Area 120 tech incubator, reducing funding and cutting about half of the unit’s current projects and teams. Area 120 was created in 2016 to keep some of the company’s wannabe entrepreneurial talent in-house. The idea behind the incubator is that employees can develop their ideas and gain access ...

Kubernetes operations and cost management startup Cast AI Group Inc. has today introduced Cloud Security Insights, a new security analysis tool designed to address gaps in Kubernetes security without requiring any additional steps on behalf of users. Cloud Security Insights integrates into CAST AI’s cloud optimization platform to offer a comprehensive suite of tools for automating Kubernetes cost ...

Threat intelligence firm Recorded Future Inc. today announced a new integration with Okta Inc. to deepen coverage provided by its Identity Intelligence solution. Under the arrangement, the Recorded Future Intelligence Cloud will provide integration through the Okta Integration Network for automated visibility into compromised identities, real-time evidence of exposed credentials, and immediate prioritization of identity threats and downstream ...

Artificial intelligence and quantum computing solutions company SandboxAQ, spun off from Alphabet Inc. as an independent company in March, today announced that it has acquired cybersecurity and encryption analysis software company Cryptosense SA for an undisclosed price. Founded in 2013, Cryptosense offers cryptography management software designed to protect sensitive data against data breaches. Pitched as cryptography ...

Intelligent workload optimization and cost governance startup Bluesky today launched its first product and announced that it has raised $8.8 million in a seed round led by Greylock Partners to expand its offerings for Snowflake Inc. users and to span other cloud-based data systems. The company was founded by Chief Executive Officer Mingsheng Hong and ...

Automated accounting software startup Candis GmbH today announced that it has raised $16 million to extend its product offering with payments, build further integrations and expand its core invoice management features. Viola FinTech led the Series C round with Lightspeed Venture Partners and Viola Ventures also participating. Including the new funding, Candis has raised $30 million to date, ...

Data security startup Dig Security Solutions Inc. said today it has raised $34 million in new funding to accelerate go-to-market efforts and deliver new enhancements to secure cloud data. SignalFire led the Series A round, with Felicis, Okta Ventures, Team8 and several individual investors also participating. Including the new round, Dig has raised $45 million to date. Previous ...

Barracuda Networks Inc., owned by private equity firm KKR & Co Inc. since April, today announced several new capabilities to assist customers with cyberthreats and digital transformation. Announced at Barracuda’s Secured.22 customer conference, the new capabilities are designed to protect against persistent and evolving threats such as ransomware and help customers solve complex digital business transformation ...

McAfee Corp. today announced the launch of McAfee+, a new product line that encompasses privacy and identity protections designed to confidently and securely live life online. The comprehensive new product suite gives users access to a raft of services: Personal Data Cleanup, always-on credit monitoring and reports, credit lock and security freezes, $1 million identity theft ...

Users of Valve Corp.’s popular gaming service Steam are being targeted by hackers using novel browser-in-the-browser attacks. BitB attacks, which first emerged in March, involve the use of a simulated login window with a spoofed domain within a parent browser window to steal credentials. As detailed today by researchers at Group-IB Global Pvt. Ltd., Steam users ...