Duncan Riley, Author at SiliconANGLE

Cloud

Zoom to acquire cloud contact center provider Five9 for $14.7B

By Duncan Riley Jul 18, 2021

Zoom Video Communications Inc. late today announced that it has entered a deal to acquire cloud contact center provider Five9 Inc. in an all-stock transaction valued at $14.7 billion. Founded in 2001, Five9 offers…

Apps

Scribd reportedly planning to going public on a $1B valuation

By Duncan Riley Jul 15, 2021

Document, book and audiobook subscription firm Scribd Inc. is in discussions to go public later this year, according to a report today from Bloomberg. The report, referencing people with knowledge of the matter, said the…

Cloud

Cloud-based network management software firm Auvik raises $250M

By Duncan Riley Jul 15, 2021

Cloud-based network management software firm Auvik Networks Inc. has raised $250 million in new funding to accelerate product development and global reach. The funding, announced today, came exclusively from Great Hill Partners, which have…

Security

New US initiative to target ransomware offers rewards of up to $10M

By Duncan Riley Jul 15, 2021

The U.S. government today announced several new measures to combat ransomware, including rewards of up to $10 million for information leading to the identification of those behind the cybersecurity attacks. The rewards program is…

Security

Mespinoza ransomware gang flies under the radar while expanding attacks

By Duncan Riley Jul 15, 2021

A new report from Palo Alto Networks Inc.’s Unit 42 released today details a prolific ransomware gang that has mostly gone under the radar amid attacks from better-known groups such as REvil, DarkSide and Ragnar…

Security

OT and IoT attacks rise as ransom payments are expected to hit $20B this year

By Duncan Riley Jul 15, 2021

Attacks on operational technology and the “internet of things” are rising, but a new report has put numbers on the attacks and the figures are even more disturbing than expected. As detailed in a…

Apps

Investment startup M1 Finance raises $150M on unicorn valuation of $1.45B

By Duncan Riley Jul 14, 2021

Investment application startup M1 Finance LLC said today it has raised $150 million in a late-stage funding round to develop new products and features and enhance customer service. SoftBank Vision Fund 2 led the Series…

Security

Cybersecurity startup Virsec raises $100M in round led by BlueIO

By Duncan Riley Jul 14, 2021

Cybersecurity startup Virsec Systems Inc. disclosed today that it has raised $100 million in new funding to hire more people, meet product demand and build out its customer support model. BlueIO led the Series C…

Security

NortonLifeLock in talks to acquire security software maker Avast

By Duncan Riley Jul 14, 2021

Cybersecurity software and services firm NortonLifeLock Inc. is in talks to acquire security software maker Avast plc in a deal that could value Avast at more than $8 billion. According to The Wall Street…

Emerging Tech

US venture capital still on fire and on pace for another record-setting year

By Duncan Riley Jul 14, 2021

Venture capital activity in the U.S. rose in the first half of 2021 and is on pace for another record-setting year, according to the latest PitchBook-NVCA Venture Monitor report released today. PitchBook-NVCA found that in…

Duncan Riley

Scribd reportedly planning to going public on a $1B valuation

New US initiative to target ransomware offers rewards of up to $10M

Mespinoza ransomware gang flies under the radar while expanding attacks

OT and IoT attacks rise as ransom payments are expected to hit $20B this year

Investment startup M1 Finance raises $150M on unicorn valuation of $1.45B

Cybersecurity startup Virsec raises $100M in round led by BlueIO

NortonLifeLock in talks to acquire security software maker Avast

US venture capital still on fire and on pace for another record-setting year

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