Duncan Riley
Latest from Duncan Riley
Artificial intelligence document processing startup Rossum today announced that it has raised $100 million in new funding to establish new hubs in the U.S., Europe and Asia. General Catalyst led the Series A round. Also participating in the round were LocalGlobe, Seedcamp, Miton and …
Facebook Novi pilot program launches without support for Diem cryptocurrency
Facebook Inc.’s long-awaited Novi digital wallet has launched into testing but with a major feature missing: support for Facebook’s Diem cryptocurrency. The pilot program is being run in the U.S. and Guatemala, except for those living in Alaska, Nevada, New York and …
Startup investment platform Republic raises $150M
Republic, an investment platform for startups, announced today that it has raised $150 million in new funding to expand its geographic reach and develop new investment products. Valor Equity Partners led the Series B round. Also participating in the round were Galaxy …
Israeli cybersecurity startup Valence launches out of stealth with $7M in funding
Israeli cybersecurity startup Valence Security has launched out of stealth mode with an announcement today that it has raised $7 million in funding. YL Ventures led the seed round. Also participating in the round were a number of security executives and serial entrepreneurs. …
Threat detection marketplace SOC Prime raises $11M to accelerate adoption
Threat detection marketplace startup SOC Prime Inc. today announced it has raised $11 million in new funding to scale up and accelerate the adoption of its marketplace. DNX Ventures led the Series A round. Also participating were Streamlined Ventures and Rembrandt Venture Partners. Including the …
Splunk’s new innovations embrace digital transformation through security visibility
Data analytics firm Splunk Inc. today announced a series of new product innovations to help organizations embrace digital transformation through the security visibility needed to accelerate time to detection, investigation and response. The innovations, led by new enhancements to Splunk Security Cloud, Splunk Enterprise Security …
Report finds 64% of companies targeted by ransomware attacks in last 12 months
The rise of ransomware attacks has been well-documented, but a new report suggests that the number may be even more considerable than reported because not all companies disclose attacks. A new report released today by ThycoticCentrify, based on a survey of 300 U.S.-based …
Cybersecurity VC deals were ‘less bouncy’ in the third quarter
Despite the overall venture capital market hitting record highs, a new report finds that investments in cybersecurity companies are currently seeing mixed results. The DataTribe Insights Q3 report, released early Tuesday, found that although venture capital funding in cybersecurity was “quite active” …
Stolen data on the dark web is being accessed faster than ever
New research released today by cloud security company Bitglass Inc. finds that stolen data on the dark web is being shared and accessed more quicker than ever. Following up on a data tracking experiment in 2015, the researchers created a fictional identity claiming to have …
REvil ransomware gang shuts down again after being hacked
Infamous ransomware gang REvil is reportedly shutting down again after getting hacked itself. REVil, also known as Sodinokibi, first appeared in May 2019 and since that time has been a prolific ransomware group linked to dozens of attacks. Notable attacks include the …