Cybersecurity startup CyCognito Inc. has raised $30 million in new funding to accelerate its customer acquisition efforts. The Series B round was led by Accel and included Lightspeed Venture Partners, Sorenson Ventures and UpWest. As part of the deal, Eric Wolford, partner at Accel is joining CyCognito’s board of directors. Founded in 2018, CyCognito specializes in uncovering ...

GPS and wearables company Garmin Ltd. has suffered a suspected ransomware attack that has caused its services to be taken offline and manufacturing operations to be suspended. Details on the attack are a little slim. Garmin said on Twitter at 9:30 a.m. EDT today that it was experiencing outages with Garmin Connect, its mobile application, along ...

Twitter Inc.’s revenue plunged 19% in the second quarter as Chief Executive Officer Jack Dorsey said the company is exploring subscription options to address Twitter’s reliance on advertising. For the quarter ended June 30, Twitter reported revenue of $683 million, down 19% from a year ago and below analysts’ expectations of $707 million. The drop was driven ...

Enterprise visual management software startup iObeya has raised $17 million in new funding to develop its platform further and accelerate the company’s expansion in the U.S., including opening a new office in Seattle. The Series B round was led by Red River West and included Atlantic Bridge Ventures and Fortino Capital Partners. Founded in 2011, iObeya offers ...

Earthquake data analytics startup Safehub Inc. today said it has raised $5 million in new funding to accelerate the deployment of its service to Fortune 500 companies seeking to strengthen their business continuity and resilience efforts. The seed round was co-led by Fusion Fund and Ubiquity Ventures and included Bolt, Promus Ventures, Blackhorn Ventures, Maschmeyer Group ...

Online DNA matching service GEDmatch has suffered a data breach with some 1 million DNA records belonging to users being made available to law enforcement services. The company, best known as providing DNA analysis that led to the arrested of the “Golden State Killer” in 2018, provides an online service to compare autosomal DNA data ...

In a surprising move, the U.S. banking regulator has given approval to banks to hold cryptocurrency, a decision that could shake up a market currently dominated by cryptocurrency-only firms and startups. The decision from the U.S. Office of the Comptroller of the Currency, an independent bureau within the Department of the Treasuring tasked with overseeing the ...

Nvidia Corp. has shown interest in acquiring Arm Holdings Ltd. from owner SoftBank Group Corp. Bloomberg reported early talks today between the graphics chipmakers and SoftBank, which acquired Arm for $31.4 billion in 2016 was reported July 13 to be exploring the possibility of selling or publicly listing the company. Although it had been expected that SoftBank would eventually ...

Two hackers allegedly working for the Chinese government have been indicted by the U.S. Department of Justice over allegations that they were involved in global computer intrusion campaign over the last 10 years. Li Xiaoyu, 34, and Dong Jiazhi, 33, are accused in the 11-count indictment of hacking into computer systems of hundreds of companies, ...

Another day, another data breach involving misconfigured and unsecured cloud storage, and today’s episode involves Family Tree Maker, a genealogy service from The Software MacKeiv Co. Discovered by security researchers at WizCase, which published its findings Monday, the data was found on an open and unencrypted Elasticsearch server. The data include some 60,000 email addresses, ...