Duncan Riley
Latest from Duncan Riley
VC firm Sequoia Capital suffers data breach, investor information stolen
Sequoia Capital, one of the most famous venture capital firms in Silicon Valley has suffered a data breach with investor information likely stolen. Officially referred to by the firm as a “cybersecurity incident,” it’s believed that the attack vector was via an employee being phished. Whether malware or ransomware was involved in the data breach ...
Employee stock options funding startup EquityBee raises $20M
EquityBee Inc., a company that helps startup employees raise money to exercise their stock options, said today it has raised $20 million in new funding to accelerate growth and expand product offerings. The Series A round was led by Group 11 and included Oren Zeev Ventures, Battery Ventures and ICON Continuity Fund. Founded in 2018, EquityBee offers ...
Newly detected ‘mystery’ malware targets Macs running Intel and M1 chips
A new form of malware has been discovered to be infecting Apple Inc. computers running Intel Corp. chips and the company’s own M1 chips but oddly it’s not known what the intent behind the malware is. Detailed late last week by security researches at Red Canary, the malware targets LaunchAgent, a root-level folder in macOS that ...
Clubhouse suffers breach as outside developer pulls audio to website
The hot audio-based social app Clubhouse has apparently suffered a data breach, as a third-party developer designed an open-source app that allowed Android smartphone users to access the invite-only, iPhone-only service. Launched in March 2020, Clubhouse is an audio-based social app that allows users to join group chats spontaneously. It raised $100 million in funding ...
California DMV suffers data breach after contractor struck by ransomware attack
Data relating to millions of car owners in California may have been stolen after a third-party contractor used by the California Department of Motor Vehicles was struck by a ransomware attack. The ransomware attack struck Automatic Funds Transfer Services Inc., a Seattle-based company that provides financial services and data management services the DMV uses to ...
Microsoft finds SolarWinds hackers downloaded code but didn’t mount attacks
Microsoft Corp.’s Security Response Center today concluded its internal investigation into the SolarWinds Worldwide LLC breach, finding that although some source code was downloaded, there was no evidence hackers had abused internal systems or products to attack its users. Reports that Microsoft had been a possible victim of the SolarWinds hack first emerged Dec. 17 ...
Israeli startup Torii raises $10M to develop out its SaaS automation platform
Israeli software-as-a-service automation startup Torii Labs Ltd. has raised $10 million in new funding to develop out its management platform and hire more people. The early-stage venture capital round was was led by Wing Venture Capital and included Entree Capital, Global Founders Capital, Scopus Ventures and Uncork Capital. Founded in 2017, Torii offers a SaaS ...
SailPoint acquires Intello to increase visibility into SaaS apps
Cloud enterprise identity security company SailPoint Technologies Inc. has acquired software-as-a-service operations startup Intello Inc. for an undisclosed price. Founded in 2017, Intello offers a SaaS operations platform designed to enable companies to discover and manage their SaaS spend, usage and compliance data. Intello’s platform monitors all internal software subscriptions to manage the lifecycle of ...
Kia Motors America allegedly struck by DoppelPaymer ransomware attack
Kia Motors America Inc. has been allegedly struck by a DoppelPaymer ransomware attack along with a demand for a 404 bitcoin ($20 million) ransom payment. As reported by Bleeping Computer, the attack appeared first with a nationwide information technology outage across Kai’s North American business earlier this week. The outage affected Kia’s mobile UVO Link app, ...
Autonomous vehicle sensor startup AEye to go public via a SPAC
Artificial intelligence-powered autonomous vehicle sensor startup AEye Inc. today announced that it plans to go public via a special-purpose acquisition company. The deal will see AEye merge with CF Finance Acquisition Corp. III in a deal that values the company at $2 billion. As part of the deal, AEye will raise $225 million in private investment in ...









