Duncan Riley
Latest from Duncan Riley
Customer experience software company Sprinklr files for IPO
Customer experience management software company Sprinklr Inc. filed its paperwork May 28 with the U.S. Securities and Exchange Commission for an initial public offering. Founded in 2009, Sprinklr provides cloud services that large enterprises use to manage interactions with customers. The company offers five services for managing customer-facing activities, including marketing, technical support and product feedback collection, with ...
TSA formalizes new cybersecurity rules for critical pipeline owners and operators
The Department of Homeland Security’s Transportation Security Administration has formally announced new cybersecurity requirements for critical pipeline owners and operators. The directive, first reported earlier this week to be coming, requires critical pipeline owners and operators to report confirmed and potential cybersecurity incidents to the DHS Cybersecurity and Infrastructure Security Agency and to designate a Cybersecurity Coordinator, ...
FBI warns APT actors are targeting vulnerabilities in Fortinet appliances
The U.S. Federal Bureau of Investigation today issued a flash alert warning that so-called advanced persistent threat actors are exploiting vulnerabilities in cybersecurity appliances from Fortinet Inc. According to the FBI, an APT group — APT groups are typically state-sponsored — has exploited a Fortinet appliance to access a web server hosting the domain of a ...
Salesforce’s shares surge on stronger-than-expected earnings
Shares in Salesfor.com Inc. surged in after-hours trading today after the company topped analysts’ expectations in its fiscal first-quarter earnings report. Salesforce reported revenue rose 23% from a year ago, to $5.96 billion for the quarter ended April 30. Net income in the quarter came in at $469 million or 50 cents a share, way up ...
New report finds 67% of applications in the utility sector have serious vulnerabilities
With the Colonial Pipeline ransomware attack still making headlines and resulting in new government policy, a new report from application security provider WhiteHat Security Inc. finds that companies across multiple industries remain exposed to future attacks. WhiteHat’s monthly Appsec Stats Flash report released today found that the Window of Exposure, a key metric indicative of breach ...
Payments startup SpotOn raises $125M on a unicorn valuation of $1.875B
Payments startup SpotOn Transact Inc. has raised $125 million in new funding to accelerate product development and expand its market presence. The Series D round was led by Andreessen Horowitz’s a16z. Additional investors included DST Global, 01 Advisors, Dragoneer Investment Group, Franklin Templeton and Mubadala Investment Co. The round was raised on a $1.875 billion valuation, giving ...
Despite beating analysts’ predictions, Zuora sees shares fall flat
Shares in cloud subscription services company Zuora Inc. were flat in after-hours trading today despite the company’s quarterly earnings report topping analysts’ expectations. For the quarter ended April 30, Zuora reported revenue rose 9% from a year ago, to $80.3 million. Subscription revenue rose 14%, to $65.1 million. Its loss before costs such as stock ...
Workday sees stock slip despite beating earnings forecast
Shares in Workday Inc. dropped slightly in after-hours trading today despite the enterprise cloud applications provider beating analysts’ predictions in its fiscal first-quarter earnings. For the quarter ended April 30, Workday reported revenue rose 1% from a year ago, to $1.18 billion, and subscription revenue rose 17%, to $1.03 billion. The company booked a $38.3 ...
SaaS bot protection startup DataDome raises $35M to boost global sales and marketing
Software-as-a-service bot protection startup DataDome announced today it has raised $35 million in new funding to allow it to scale up its global sales, marketing, delivery and research and development teams. The Series B round was led by Elephant and included ISAI. Founded in 2014, DataDome is a bot protection startup that uses artificial intelligence and machine ...
Application programming interface security startup Salt Security raises $70M
Application programming interface security startup Salt Security Inc. disclosed today that it has raised $70 million in new funding to expand its global operations across research and development, sales and marketing, and customer success. The Series C round was led by Advent International and included Alkeon Capital, DFJ Growth, Sequoia Capital, Tenaya Capital, S Capital VC ...









