Duncan Riley
Latest from Duncan Riley
Justice Department to sell $56M in cryptocurrency seized in BitConnect investigation
The U.S. Department of Justice received court approval today to sell about $56 million in cryptocurrency seized as part of an investigation into the BitConnect Ltd. Ponzi scheme. The unspecified cryptocurrency holdings were taken from BitConnect co-founder Glenn Arcaro, who pleaded guilty to fraud on Sept.1. The proceeds from the sale will be used to reimburse ...
Emotet botnet, ‘the world’s most dangerous malware,’ has returned from the dead
The hacking and malware community could easily be compared to a horror film. You may kill what you see before you but there is always a sequel. Such is the case with Emotet, a botnet once described as “the world’s most dangerous malware.” Back and targeting computers worldwide, Emotet is both a name given to ...
Data aggregation startup People Data Labs raises $45M to expand into new industries
Data aggregation startup People Data Labs Inc. announced today it has raised $45 million in new funding to expand its data products into new industries. The Series B round was led by Craft Ventures, with Flex Capital also participating. Including the new funding, People Data Labs has raised $55.3 million in funding to date, according to data from Crunchbase. ...
Open XDR startup Stellar Cyber raises $38M to expand its platform
Extended detection and response startup Stellar Cyber announced today that it has raised $38 million in new funding to expand its Open XDR platform. The Series B round was led by Highland Capital Partners and included Samsung and existing investors. Including the new funding, Stellar Cyber has raised $68 million to date. Founded in 2015, Stellar Cyber ...
Last-mile electric vehicle startup Zoomo raises $60M
Last-mile electric vehicle startup Zoomo revealed today that it has raised $60 million in new funding to accelerate its goal to transition every urban delivery mile to light electric vehicles. Grok Ventures led the Series B round. Also participating in the round were Skip Capital, ArcTern, AirTree Ventures, Clean Energy Finance Corporation, Viola Group, Contrarian Ventures and Maniv ...
Treasury Department signs new partnership with Israel to combat ransomware
The U.S. Department of the Treasury and the Israeli Ministry of Finance have announced a new partnership to combat ransomware. Under the bilateral partnership, both will work together to protect critical financial infrastructure and emerging technology while expanding international cooperation to counter the threat ransomware poses to countries and the global economy. The cooperation will ...
Customer communication startup Podium raises $201M on $3B valuation
Customer communication startup Podium Corp Inc. today announced it has raised $201 million in new funding to expand its reach to more local businesses around the world as well as make deeper investments to build out its payments, communications and marketing technology. YC Community led the Series D Round. Also participating in the round were Durable ...
Network threat detection and response startup Netography raises $45M
Network threat detection and response startup Netography Inc. revealed today that it has raised $45 million in new funding to boost technology innovations and enhancements, channel expansion and sales. Bessemer Venture Partners and SYN Ventures led the Series A round. Also participating in the round were Andreessen Horowitz, Mango Capital, Harpoon Ventures and Wing Capital. Including the new ...
Business planning platform startup Pigment raises $73M
Business planning platform startup Pigment SAS said over the weekend that it has raised $73 million in new funding to expand its footprint in the U.S. and European markets. Greenoaks Capital led the Series B round. Also participating in the round were FirstMark Capital and Blossom Capital. Including the new funding, Pigment has raised $98.9 million to ...
Hacker gains access to FBI server, sends out fake cybersecurity warnings
A hacker has gained access to the U.S. Federal Bureau of Investigation’s server and sent out thousands of fake cybersecurity warnings. The emails were sent on Saturday morning, Nov. 13, from the eims@is.fbi.gov address. The emails contained the subject line of “threat actor in systems” before going on to claim “our intelligence monitoring indicates exfiltration ...