Automated hiring platform startup Workstream Technologies Inc. announced today it has raised $48 million in new funding to invest in growth and product development. BOND and Coatue led the Series B round. Other investors included Founders Fund and a range of individual inventors, including Eric Yuan, chief executive officer of Zoom Video Communications Inc., and Tony ...

Microsoft Corp. has warned cloud customers that hackers may have potentially accessed their data via an exploitable vulnerability in its Azure cloud service. Reuters first reported the news today, but the discovery of the vulnerability came from researchers at Wiz Inc. The vulnerability is in Microsoft Azure’s Cosmos DB product and isn’t that hard to ...

U.S. President Joe Biden held a summit meeting at the White House today with leaders from technology, financial services and energy companies to discuss national cybersecurity strategy amid increasing levels of major cyberattacks. Present at the meeting were a range of chief executive officers from well know companies. Attendees from tech companies included Apple Inc.’s ...

Enterprise search company Elastic NV surprised investors with its latest earnings report today, posting an unexpected profit thanks to strong revenue growth. For the quarter ended July 31, Elastic reported revenue jumped 50% from a year ago, to $193.1 million. It also reported a profit before costs such as stock compensation of $7.2 million or ...

Shares in Saleforce.com Inc. rose in after-hours trading today after the company beat analyst expectations and boosted its forecast for the full fiscal year. For the quarter ending July 31, Salesforce reported total revenue of $6.34 billion, up 23% year-over-year, the first time the company has surpassed $6 billion in quarterly revenue. Profit before costs ...

A new report claims that software from Israeli cybersecurity company NSO Group Technologies Ltd. was used by the government of Bahrain to spy on various people by exploiting vulnerabilities in Apple Inc.’s iOS mobile operating software. The report, from Citizen Lab, said Bahrain used NSO software between June 2020 and February 2021 to spy on ...

Founders and previous staff of Owlchemy Labs Inc., a virtual reality games studio Google LLC acquired in 2017, have launched a new company called absurd:joy Inc. and announced $5.35 million in funding. March Gaming led the seed funding round. Other investors include Dune Ventures, WXR Fund, Gaingels, David Helgason and others. With much of the world is still ...

Israeli automotive cybersecurity startup Upstream Security Inc. has raised $62 million in new funding to improve growth and increase its headcount. Mitsui Sumitomo Insurance led the Series C round. Other investors included I.D.I. Insurance, 57 Stars’ NextGen Mobility Fund and La Maison Partners. Founded in 2017, Upstream Security offers a centralized security and analytics platform ...

Risk management platform startup Urbint announced today it has raised $60 million in new funding to scale up its technology and introduce new solutions to meet the rising demand for its incident prevention software. Energize Ventures led the Series C round in the company, which is formally named Off Market Data Inc. Other investors include American Electric ...

A new report today from software-as-a-service company DoControl Inc. has found that 40% of all SaaS data access is unmanaged, creating significant insider and external threats. Described as a wakeup call to chief information officers and chief information security officers and the enterprises they protect, the report details the significant threat of unchecked and named ...