Duncan Riley
Latest from Duncan Riley
Israeli SaaS security platform startup Grip Security raises $19M
Israeli software-as-a-service security platform startup Grip Security Ltd. announced today it has raised $19 million in new funding to triple its headcount, accelerate product development and expand its go-to-market efforts in the U.S. Intel Capital led the Series A round. Also participating in the round was YL Ventures, which led a $6 million seed round into ...
Git cybersecurity startup GitGuardian raises $44M
Git cybersecurity startup GitGuardian SAS has announced that it has raised $44 million in new funding to accelerate growth strategies, extend its secret detection solution to become a comprehensive code security platform, expand its go-to-market and increase its headcount. Eurazeo led the Series B round. Also participating in the round were Sapphire, Balderton, BPI and Fly ...
Identity verification startup Incode raises $220M on valuation of $1.25B
Identity verification and authentication startup Incode Technologies Inc. today said it has raised $220 million in new funding on a valuation of $1.25 billion, giving the company “unicorn” status for the first time. General Atlantic and SoftBank led the Series B round. Also participating in the round were J.P. Morgan, Capital One, Coinbase, SVCI, DN Capital, ...
Intel announces plan to list shares in Mobileye at reported $50B valuation
Intel Corp. announced late today that it plans to list shares publicly in Mobileye, the self-driving car company it acquired for $15.3 billion in 2017, in mid-2022. The announcement follows a report shortly before from The Wall Street Journal. Referring to people familiar with the matter, the Journal said the listing could value Mobileye at north of $50 ...
Microsoft seizes domains used by Chinese cyber espionage group
Microsoft Corp. said today it has seized 42 domains being used by a Chinese cyber espionage group that has targeted organizations in the U.S. and other countries. The group, called “Nickel” by Microsoft but better known as APT15, has been active since 2010 and is believed to be a state-sponsored hacking group. Microsoft has been tracking ...
Australian enterprise cybersecurity firm Kasada raises $23M to fuel growth
Australian enterprise cybersecurity firm Kasada Pty Ltd. announced today it has raised $23 million in new funding to accelerate sales in the U.S. and to hire more people to capitalize on increasing demand for its services. StepStone Group led the Series C round. Also participating in the round were Ten Eleven Ventures, Main Sequence Ventures, Reinventure, Our Innovation Fund ...
$150M stolen in hack of cryptocurrency exchange BitMart
Cryptocurrency exchange BitMart has been hacked with about $150 million in cryptocurrency stolen. The hack of the exchange, run by GBM Global Holding Co. Ltd., took place late Saturday. It involved the theft of cryptocurrency from an Ethereum hot wallet and a Binance Smart Chain hot wallet. How the wallets were breached is not known. BitMart ...
Grab shares plunge following giant $40B Nasdaq SPAC merger debut
Shares in Grab Holdings Inc. plunged on debut on their Nasdaq today after the company completed a special-purpose acquisition company merger with Altimeter Growth Corp. The listing, the largest-ever SPAC deal, valued Grab, often referred to as the Uber of Southeast Asia, at $40 billion. Grab is also only the second major tech company from ...
Smartsheet shares surge on strong quarterly earnings
Shares in work management platform provider Smartsheet Inc. surged in late trading after the company strongly beat quarterly earnings forecasts. For the quarter ended Oct. 31, Smartsheet reported a loss before costs such as stock compensation of $3.4 million, or three cents per share, down from $15.1 million, or 12 cents per share, a year ago. Revenue ...
Secureworks shares drop on weaker-than-expected guidance
Shares in cybersecurity firm Secureworks Corp. dropped in regular trading today on slightly weaker-than-expected revenue guidance. For the quarter ended Oct. 31, Secureworks reported a profit before costs such as stock compensation of $1.2 million, or one cent per share, down froo $6.7 million or eight cents a share a year ago. Revenue in the ...









