Duncan Riley
Latest from Duncan Riley
AI-driven API security startup Neosec launches with $20.7M in new funding
Artificial intelligence-driven application programming interface security startup Neosec launched out of stealth mode today with an announcement that it has raised $20.7 million in new funding. The Series A round included True Ventures, New Era Capital Partners, TLV, SixThirty and individuals such as Mark Anderson, Gary Fish, Mickey Boodaei and Rakesh Loonkar. Co-founded in 2020 by Ziv ...
Messaging and streaming platform startup StreamNative raises $23M
Messaging and streaming platform startup StreamNative today announced it has raised $23 million in new funding to advance its stream storage and messaging technologies. Prosperity7 led the Series A round. Sequoia Capital also participated. StreamNative was founded in 2019 by the original developers of Apache Pulsar. The funding is said to underscore a market shift from legacy messaging ...
DataSecOps startup Satori Cyber raises $20M for R&D
DataSecOps startup Satori Cyber Ltd. announced today it has raised $20 million in new funding for research and development and go-to-market expansion in the U.S. B Capital Group and Evolution Equity Partners co-led the Series A round. YL Ventures also participated. Founded in 2019, Satori pitches itself as the first DataSecOps platform to democratize data and scale ...
Palo Alto Networks’s new Prisma SASE offers integrated cloud-delivered service
Network security specialist Palo Alto Networks Inc. today announced Prisma SASE, a new product that brings together Prisma Access and Prisma SD-WAN into an integrated cloud-delivered service. The new product combines network security known as secure access service edge or SASE and software-defined wide-area networking or SD-WAN to ensure that organizations stay secure and productive while working ...
Intuit acquires email marketing firm Mailchimp for $12B
Intuit Inc. announced today it has agreed to acquire email marketing firm Mailchimp Inc. for $12 billion in a cash and stock deal. Acquisition talks were first reported Aug. 12. It was noted at the time that Mailchimp had received interest from private equity firms and “large technology firms.” On Aug. 31, one of those ...
Cloud CRM startup Freshworks seeks to raise up to $912M in its IPO
Software-as-a-service customer relations management startup Freshworks Inc. today set its initial public offering range after having previously filed for an IPO in August. Freshworks is seeking to raise as much as $912 million in its public offering on a valuation of about $9 billion. The company plans to sell 28.5 million shares at a price range of ...
Apple updates software to address NSO Group ‘Forcedentry’ exploit
Apple Inc. today released an update from iOS, macOS and watchOS that addresses security flaws, including those being exploited by clients of Israeli cybersecurity company NSO Group Technologies Ltd. The so-called Forcedentry flaw was first revealed in August. The Citizen Lab is posting about it again, albeit in the context that Apple has finally addressed ...
Going where Google and Snap failed, Facebook launches smart glasses
Smart glasses are arguably the Holy Grail when it comes to tech adoption, since many have tried and none has succeeded. Despite the likes of Google LLC and Snap Inc. trying and dismally failing, Facebook Inc. has joined the club with the launch of its own take on smart glasses. First reported in March, Facebook’s ...
Affirm shares surge more than 20% on strong earnings outlook
Shares in Affirm Holdings Inc. surged more than 20% in after-hours trading today after the online payments company predicted stronger-than-expected earnings. For the quarter ended June 30, Affirm reported a loss before costs such as stock compensation of 48 cents a share, on revenue of $261.8 million, up 71% from a year ago. Analysts had been predicting a ...
Cloud security provider Zscaler’s shares rise on stronger-than-expected earnings
Shares in Zscaler Inc. rose in after-hours trading today after the cloud security provider delivered better-than-expected earnings results. For the quarter ended July 31, Zscaler reported revenue jumped 57% from a year ago, to $197.1 million. Profit before costs such as stock compensation came in at $20.4 million, or 14 cents per share. Analysts had expected ...