Virtual events platform startup Hopin Ltd. said today it has raised $400 million in new funding to accelerate growth, scale up operations and strengthen its team and platform. The Series C round was led by Andreessen Horowitz and General Catalyst and included IVP, Coatue, DFJ Growth, Northzone, Salesforce Ventures and Tiger Global. The investment values Hopin at $5.65 ...

Financial services provider Square Inc. today revealed it has purchased a majority stake in Aspiro AB, the owner of the Tidal music streaming service, for $297 million. The exact size of the stake, made with a combination of cash and stock, was not disclosed. Under the terms of the deal, previous majority owner Jay-Z is ...

Israeli artificial intelligence startup Seebo Interactive Inc. today announced it has raised an additional $24 million in funding to expand its global reach and enhance its process-based AI solution. The expanded Series B round was led by Vertex Ventures and included 10D, The Phoenix and Leumi Partners. Founded in 2012, Seebo offers a process-based AI solution designed ...

Open-source relational database startup Yugabyte Inc. said today it has raised $48 million in new funding to accelerate the launch of its fully managed Yugabyte Cloud offering. The Series C round was led by Lightspeed Venture Partners and included Greenspring Associates, Dell Technologies Capital, Wipro Ventures and 8VC. Including the new funding, Yugabyte has raised $103 million to ...

Malaysia Airlines Berhad has disclosed a data breach that involved the theft of data from its frequent flyer program, but in a twist on a standard data theft story, the airline said the breach spanned nine years. The data breach involved a third-party information technology service provider that was tasked with running the airline’s Enrich ...

Microsoft Corp. issued a warning today that a new Chinese state-sponsored hacking group is targeting on-premises versions of Microsoft Exchange Server using a number of recently identified and now patched vulnerabilities. The hacking group, dubbed “Hafnium” by the Microsoft Threat Intelligence Center, is described as “highly skilled and sophisticated.” It’s specifically attempting to steal information ...

Following its acquisition of Postmates Inc. last year, Uber Technologies Inc. today spun off the delivery provider’s robotics division previously known as Postmates X into a new company called Serve Robotics Inc. Serve Robotics debuts with an undisclosed amount of initial funding in a round led by Neo that included Uber, Long Journey Ventures, Western Technology ...

Private equity firm TPG Capital today announced it has signed a deal to acquire cybersecurity firm Thycotic Software Ltd. for $1.4 billion. Founded in 1996, Thycotic offers privileged access management solutions that are designed to protect an organization’s data, devices and code across cloud, on-premises data center and hybrid environments. The company’s PAM solutions are ...

Tether, the wholly owned division of iFinex Inc. that offers the USDT stablecoin, claims it’s being extorted by threat actors demanding a payment of 500 bitcoin ($24.625 million) not to publish allegedly stolen emails. In a series of tweets Sunday on its Twitter account, Tether said that documents circulating online purporting to be between Tether ...

Goldman Sachs Group Inc. will start a bitcoin desk with support for bitcoin futures and a form of short-term futures for clients next week, according to a report today from Reuters. The report describes Goldman Sachs as “restarting” its cryptocurrency desk amid a boom in bitcoin, but that may not be entirely correct. The company had advanced ...