Real estate data management and analytics startup Cherre Inc. today said it has raised $50 million in new funding to expand its platform offering, introduce and integrate additional partner data sets and applications, and launch its customer advisory board. The Series B round was led by Trustbridge Partners and included Glilot Capital Partners, Intel Capital, Navitas Capital, Carthona ...

Shares in Snap Inc. rose in after-hours trading after the social media company reported earnings and user growth that beat analysts’ expectations. For the quarter ended March 31, Snap reported revenue of $770 million, up 66% year-over-year. The company had an operating loss adjusted for earnings before interest, taxes, depreciation and amortization of $1.7 million ...

Digital trust startup Sift revealed today that it has raised $50 million in new funding to allow it to continue expanding its product portfolio. The round was led by Insight Partners and included Union Square Ventures and Stripes. The new funding was raised on a unicorn valuation described as more than $1 billion. Founded in 2011, Sift ...

Rapid7 Inc. announced today it has acquired Velocidex Enterprises Pty. Ltd., the company behind Velociraptor, an open-source technology and community platform focused on cybersecurity monitoring tools, for an undisclosed price. Founded in 2018, Velociraptor provides next-generation endpoint monitoring, digital forensic investigations and cybersecurity incident response. Focused on providing the “last step” in the process of digital forensic ...

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 ...