Software-as-a-service security management startup AppOmni Inc. said today it has raised $70 million in new funding to advance product development, fuel international growth and scale up go-to-market processes. The Series C round was led by Thoma Bravo and included Scale Venture Partners, Salesforce Ventures, ClearSky and Costanoa Ventures. Including the new funding, the company has raised $123 million in venture ...

Hackers have stolen cryptocurrency and nonfungible tokens after compromising a Discord server run by Yuga Labs Inc., the creator of leading NFTs such as the Bored Ape Yacht Club. The successful attack involved the compromise of an account belonging to Yuga Labs Community and Social Manager Boris Vagner. With access to Vagner’s account, those behind the ...

Cybersecurity venture capital firm Ten Eleven Ventures today announced it has raised $600 million for its third-generation fund to invest in security companies ranging from seed to growth stage. Found in 2014, Ten Eleven Ventures finds, invests and helps grow top cybersecurity companies that address critical digital security needs. The VC firm has made 40 ...

The U.S. government has issued an alert about a little-known data extortion group actively targeting businesses. The June 1 alert from the Federal Bureau of Investigation, the Cybersecurity and Infrastructure Agency, the Department of the Treasury and the Financial Crimes Enforcement Network details a group known as Karakurt Team and Karakurt Lair. Karakurt uses a variety ...

The weakening economy doesn’t appear to be hurting demand for cybersecurity services, as three cyber leaders today beat quarterly expectations: Okta Inc., CrowdStrike Holdings Inc. and Secureworks Corp. For the quarter ended April 30, Okta reported a loss before costs such as stock compensation of $43 million, or 27 cents per share, up from a ...

Enterprise data backup provider Clumio Inc. today announced the availability of a new cost-effective air gap ransomware protection solution, Clumio SecureVault Lite, for Amazon Web Services Inc. EC2 compute service and its EBS elastic block storage service. SecureVault Lite is pitched as allowing enterprises to no longer have to choose between ransomware protection and cost reduction. Clumio’s new ...

Cybersecurity asset management and governance startup JupiterOne Inc. today announced it has raised $70 million in new funding to grow go-to-market capabilities, expand engineering investments and boost product development. Tribe Capital led the Series C round, with Alpha Square Group, Sapphire and Bain Capital Ventures also participating. The round was raised on a valuation of more than ...

Security platform company ReliaQuest LLC today announced a deal to acquire threat intelligence startup Digital Shadows Ltd. for $160 million. Founded in 2011, Digital Shadows offers a threat intelligence platform designed to assist organizations in protecting themselves against cyberattacks, loss of intellectual property and a loss of brand reputation and integrity. The platform was built ...

A former employee of the nonfungible token marketplace OpenSea has been arrested and charged on allegations of NFT insider trading. Nathaniel Chastain, a former product manager at the company, is accused of wire fraud and money fraud by using confidential information about what NFTs would be featured on OpenSea’s homepage for his personal financial gain. ...

Enterprise search technology firm Elastic N.V. saw its share price rise in late trading after delivering stronger-than-expected fiscal fourth-quarter results. For the quarter ended April 30, Elastic reported a loss before costs such as stock compensation of $7.9 million, or 16 cents per share, double the loss a year ago. Revenue rose 35%, to $239.4 million. Analysts had ...