Cloud-based enterprise artificial intelligence solutions startup Hive has raised $85 million in new funding to accelerate the growth of the company’s portfolio of cloud-based deep learning models through continued investments in products and increased investment in sales and marketing. The Series D round was led by Glynn Capital and included General Catalyst, Tomales Bay Capital, Jericho Capital and ...

The U.S. Department of Justice has formed a task force that will attempt to address mounting ransomware attacks on critical organizations. The Ransomware and Digital Extortion Task Force will consist of officials from the agency’s National Security Division, Criminal Division, Civil Division, Executive Officer of U.S. Attorneys and the Federal Bureau of Investigation. By identifying ...

Software-as-a-service security management startup AppOmni Inc. has raised $40 million in new funding to accelerate product development to meet growing demand fueled by the adoption of cloud technology and the shift to remote work. The Series B round was led by Scale Venture Partners and included Salesforce Ventures, ServiceNow Ventures, ClearSky, Costanoa Ventures, Inner Loop Capital ...

Email and collaboration security startup Perception Point Inc. has raised $28 million in new funding to expand to new markets, accelerate product development and hire more people. The Series B round was led by Red Dot Capital Partners and included NGP Capital, Pitango Venture Capital and State of Mind Ventures. Founded in 2015, Perception Point describes itself ...

The infamous ransomware gang REvil claims it has attacked and stolen data from Taiwanese manufacturer Quanta Computer Inc., including Apple Inc. product blueprints. First reported today by The Record, REvil, also known as Sodinokibi, claimed on its dark web forum that Quanta refused to pay to get its stolen data back and so it’s now targeting the ...

Paypal Holdings Inc.-owned mobile payments app Venmo has added support for cryptocurrencies, following in the path of PayPal’s offering cryptocurrency support in November. Cryptocurrency support in Venmo allows users to invest in four cryptocurrencies — bitcoin, Ethereum, Litecoin and Bitcoin Cash — with a minimum spending requirement of $1. Users can also share their cryptocurrency purchases ...

Multiple U.S. government agencies have been breached by suspected Chinese state-sponsored hackers who exploited vulnerabilities in Pulse Secure LLC virtual private network appliances. Confirmed by cybersecurity company FireEye Inc. and Pulse Secure itself along with the U.S. Department of Homeland Security’s Cybersecurity and Infrastructure Agency, the attacks are believed to have started around June. Three ...

Information technology infrastructure and network monitoring company Netreo Inc. announced today it has acquired software-as-a-service application programming monitoring startup Stackify LLC for an undisclosed sum. Founded in 2012, Stackify offers a solution that allows developers to monitor and manage their applications’ performance. Designed to improve application performance, the company’s Retrace service allows users to proactively identify ...

Credit card and finance company Mastercard Inc. today said it has acquired identity verification company Ekata Inc. for $850 million. Founded in 1997, Ekata provides global identity verification data via application programming interfaces and on a software-as-a-service basis, with a focus on helping businesses assess digital risk. The company allows businesses to link digital transactions ...

Google LLC’s attempt to replace browser cookies with an alternative system called FLoC has now been rejected by Automattic Inc., the company behind WordPress, the content management system that powers about 40% of all websites. FLoC, short for Federated Learning of Cohorts, was first proposed by Google in January as a way to eliminate third-party cookies ...