Duncan Riley
Latest from Duncan Riley
Biometric user authentication startup Passage launches with $4M in funding
Biometric user authentication startup Passage today launched out of stealth mode and announced that it has raised $4 million in new funding to help introduce its product to more developers. The round was led by LiveOak Venture Partners with Next Coast Ventures, Tau Ventures, Secure Octane and various angel investors also participating. Founded in 2021, Passage ...
TPG changes access management firm ThycoticCentrify’s name to Delinea
Privileged access management company ThycoticCentrify has dispensed with its awkward moniker, as owner TPG Capital today renamed it Delinea Inc. ThycoticCentrify dates back to the merger of Thycotic Software Ltd. and Centrify Corp. in April. Thycotic and Centrify were acquired by TPG in March — Thycotic from Insight Partners and Centrify from Thoma Bravo. The new brand ...
Talon Cyber Security raises $43M from Sorenson, Evolution, Lightspeed and Team8
Cybersecurity solutions startup Talon Cyber Security Ltd. today announced that it has raised $43 million in new funding, including $17 million in so-called simple agreement for future equity investments. Investors include Sorenson Ventures, Evolution Equity Partners, Lightspeed, Team8 and several individuals. Including the new funding, Talon has raised $43 million to date. SAFE agreements, created in 2013 by the ...
Apple and Tesla supplier Delta Electronics struck by Conti ransomware attack
Taiwanese Apple Inc. and Tesla Inc. supplier Delta Electronics Inc. has been struck by a Conti ransomware attack. The attack took place on Friday, Jan. 21, and affected noncritical information systems. In a statement, Delta said that it had activated information security-related defense mechanisms and contingency operations. As of Saturday, the company said, it was ...
Conversational AI startup NLX raises $5M to scale up its offering
Conversation artificial intelligence startup NLX Inc. revealed today that it has raised $5 million in funding to scale up its offering. Aquila Capital Partners led the seed round, along with Flying Fish Partners, Sage Venture Partners and JetBlue Technology Ventures. Founded in 2018, NLX says it offers automated and frictionless multimodal self-service tools powered by conversational ...
Robinhood shares drop after missing on earnings and estimates
Shares in Robinhood Markets Inc. dropped in after-hours trading after the company missed expectations on fourth-quarter earnings as well as current-quarter guidance. For the quarter ended Dec. 31, Robinhood reported a net loss of $423 million, or 49 cents per share. Revenue in the quarter was $363 million, up 13% compared to the same quarter ...
Western Digital shares plunge on weak outlook caused by supply-chain problems
Shares in Western Digital Corp. plunged in after-hours trading after the company issued a lower-than-expected outlook because of supply-chain problems. For the quarter ending Dec. 31, Western Digital reported a profit before costs such as stock compensation of $2.30 per share. Revenue in the quarter rose 23%, to $4.83 billion. Analysts had been predicting an ...
Xeneta acquires air freight data analytics company CLIVE Data Services
Ocean and airfreight benchmarking and market intelligence platform startup Xeneta AS announced today that it has acquired air freight data analysts company CLIVE Data Services for an undisclosed price. The deal comes seven months after Xeneta announced it was partnering with CLIVE B.V. to integrate its “dynamic load factor” and capacity analyses into Xeneta’s market analytics platform. Founded in 2011, ...
Weaveworks acquires Magalix to deliver end-to-end Kubernetes security
GitOps company Weaveworks Inc. today revealed it has acquired cloud-native security startup Magalix Corp. for an undisclosed price. Founded in 2017, Magalix offers a security-as-code platform that it says allows users to embed security at every development lifecycle stage, from code to cloud. The company’s platform monitors security postures, enforces security guardrails and offers real-time monitoring ...
12-year-old vulnerability in Linux gives attackers root privileges
A newly discovered 12-year-old vulnerability in a Linux system tool can give attackers root privileges on machines running the operating system. Discovered and described Tuesday by researchers at Qualys Inc., the vulnerability, dubbed “PwnKit,” is found in the Polkit system tool. Polkit, previously known as PolicyKit, is a component for controlling systemwide privileges in Unixlike operating ...