Paperwork automation platform startup Anvil Foundry Inc. announced today it has raised $5 million in new funding. The Series A round was led by Gradient Ventures — Google’s AI-focused investment fund — and included Citi Ventures, Menlo Ventures, Financial Venture Studio and 122 West. Founded in 2018, Anvil offers a low-code paperwork automation platform designed to assist businesses ...

Work orchestration and observability platform startup Cutover announced today it has added Barclays plc as an investor into its $17 million Series A round to increase its development capability while supporting its expansion into new verticals. Founded in 2013, Cutover, formally known as Godesic Ltd., offers a platform designed to provide full organizational visibility into dynamic flows of ...

San Francisco-based mobile banking startup Varo Money Inc. revealed today that it has raised $241 million in new funding to expand development of its mobile banking products. The Series D round was co-led by Gallatin Point Capital and The Rise Fund and included HarbourVest and Progressive Insurance. Founded in 2015, Varo offers a mobile-first banking service ...

A new report from mobile security firm Lookout Inc. details an alarming increase in enterprise mobile phishing attempts. The Lookout 2020 Mobile Phishing Spotlight Report digs into the current mobile security landscape across both iOS and Android and found that there has been a 37% increase worldwide in the enterprise mobile phishing encounter rate between the fourth ...

A new nonprofit group called the InterWork Alliance launched today to create standards frameworks for token-enabled ecosystems. The platform-neutral alliance includes among its members a large collection of big technology companies, financial institutions and blockchain startups, including IBM Corp., Microsoft Corp. and Accenture plc. Marley Gray, principal architect for Azure blockchain and a Microsoft board member, is the alliance’s ...

Bitcoin has surged to its highest price since February amid ongoing civil disorder in the U.S. After spending nearly a week above $9,000 and in the $9,400-to-$9,600 range since Friday, the cryptocurrency saw investors flooding in, pushing the price higher in trading Monday. Bitcoin was sitting at $10,118.57 at 10 p.m. EDT, up 6% over the last ...

Amtrak has suffered a data breach, with customer information stolen from its rewards program. News of the data breach came via a filing Friday from Amtrak with the state of Vermont. It described the breach as involving as an unknown third-party gaining unauthorized access to certain Guest Rewards accounts. Personally identifiable information was accessed, but ...

Smartphone sales plunged more than 20% in the first quarter due to the economic uncertainty brought on by the COVID-19 pandemic, according to new figures released today by Gartner Inc. The plunge was across the board, though some companies were hit harder than others. Samsung Electronics Co. Ltd. maintained its position as the world’s largest smartphone ...

Apple Inc. has released new updates for its line of products, including a release for iOS that patches a vulnerability used to jailbreak iPhones. The “zero-day” vulnerability, one not observed before, was present in all versions of iOS from 11.0 onward, including 13.5, and was exploited by the hacking group Unc0ver May 24 to release a ...

The U.S. National Security Agency’s Central Security Service today issued a warning that Russian military hackers have been exploiting a known vulnerability in email servers since at least August. The group behind the attack, known as the Sandworm Team, has been targeting unpatched Exim mail transfer agent software found on Unix-based systems and some Linux distributions as ...