Duncan Riley
Latest from Duncan Riley
Data store and object security startup Symmetry Systems Inc. today announced it has raised $15 million in new funding to support its rapid growth in revenue, customers and employees. Prefix Capital and ForgePoint Capital led the Series A round. Other investors include Accenture Ventures, …
Israeli cloud security startup Lightspin raises $16M from Dell Technologies Capital
Israeli cloud security platform startup Lightspin Technologies Ltd. announced today that it has raised $16 million in funding, with plans to triple its headcount. Dell Technologies Capital led the Series A round, with Ibex Investors also participating. Including the new funding, Lightspin has …
MDR firm Pondurance acquires cybersecurity assessment provider Bearing Cybersecurity
Managed detection and response firm Pondurance LLC revealed today that it has acquired advisory and assessment services provider Bearing Cybersecurity & Consulting LLC for an undisclosed price. Based in Rockwall, Texas, Bearing develops software solutions across different industries, including financial services, private equity, …
Lidar company Quanergy Systems to go public via SPAC in $1.4B deal
Lidar company Quanergy Systems Inc. today announced its intention to go public through a special-purpose acquisition company merger with CITIC Capital Acquisition Corp. The deal values Quanergy at $1.1 billion, with the combined companies having an implied equity value of $1.4 billion. CCAC had …
Google expands general availability of device management service Android Enterprise Essentials
Google LLC today expanded the general availability of its device management service Android Enterprise Essentials to partners in the U.S., the U.K, Japan, France and Germany. Launched in January, Android Enterprise Solutions is a mobile management and security solution aimed at small …
Bitcoin drops as China further cracks down on bitcoin trading and mining
The price of bitcoin dropped in trading today on news that the Communist Party of China has further cracked down on the trading of bitcoin and bitcoin mining. The People’s Bank of China said today that the country’s major financial institutions must …
Lookout expands Google Cloud partnership with new BeyondCorp integrations
Cybersecurity company Lookout Inc. today announced an expanded partnership with Google Cloud to deliver endpoint-to-cloud security to organizations around the world. Under the new partnership, Lookout has delivered new BeyondCorp Alliance product integrations and debuted its Lookout Mobile Endpoint Security solution on Google …
Research finds container infrastructure can be exploited in under one hour
Cloud-native security startup Aqua Security Software Ltd. today published new research revealing that it can now take less than an hour for vulnerable software container infrastructure to be exploited. The report, coming amid a continued rise in cyberattacks targeting container infrastructure, details how …
Hacker allegedly tried to poison San Francisco Bay Area water supply
A hacker allegedly tried to poison water being processed at a San Francisco Bay Area water treatment plant, according to an NBC News report late last week. The attack took place on Jan. 15 and involved the person gaining access to the water …
Shares in genetic testing company 23andMe surge in SPAC merger debut
Shares in genetic testing company 23andMe Holding Co. surged on their first day of trading today following its merger with Richard Branson’s special-purpose acquisition company VG Acquisition Corp. The shares of the merged company closed regular trading at $13.32, up 21% on …