Crowdsourced security testing platform startup Synack Inc. has raised $52 million in new funding to develop its technology, expand internationally and invest in its community. The Series D round was led by C5 Capital USA and included B Capital Group, GGV Capital, GV (previously Google Ventures), Hewlett Packard Enterprise Co., Icon Ventures, Intel Capital, Kleiner Perkins, ...

Shares in cloud identity management service provider Okta Inc. dropped in after-hours trading today despite the company topping analysts estimates in its fiscal first-quarter earnings. For the quarter ended April 30, Okta reported revenue jumped 46%, to $182.9 million, from a year ago, with a loss adjusted for stock option and other expenses of $8.1 million, or ...

Cloud-based information security company Zscaler Inc. today announced the acquisition of network security startup Edgewise Networks Inc., but investors got more jazzed when it beat analysts’ estimates in its latest earnings report. For its third quarter ended April 30, Zscaler reported revenue shot up 40%, to $110.5 million, from a year ago, with a profit adjusted ...

Cloud-based open-source documents startup Almanac Labs Inc. said today it has raised $9 million in new funding to introduce new product features for its 10,000-member community. The new round is described as a seed round that was led by Floodgate along with General Catalyst, Inspired, Abstract, Shrug, Worklife, Indicator, Wing and Liquid2. Founded in 2019, Almanac is ...

Peter Thiel-backed cryptocurrency brokerage startup Tagomi Systems Inc. has been acquired by Coinbase Inc. for an undisclosed price, the companies announced today. Founded in 2017, Tagomi combines institutional-grade services with superior execution technology for digital assets and cryptocurrencies. Pitched as empowering institutional investors and active traders to trade across markets, Tagomi takes trade orders and places them across multiple ...

Apple Inc. has acquired an Ontario, Canada-based machine learning company called Inductiv Inc. according to a report from Bloomberg. Although Apple didn’t officially confirm or deny the acquisition, it did say that it “buys smaller technology companies from time to time and we generally do not discuss our purpose or plans,” its standard nondenial response. ...

Shares of HP Inc. dropped more than 5% in after-hours trading after the computer maker delivered mixed results in its second-quarter earnings and offered a lower-than-expected outlook for its next quarter. For the quarter ended April 30, HP reported net revenue of $12.5 billion, down 11% from a year ago. The tech firm report a net ...

A new study released today says that while many companies are prepared to continue to support remote workers post COVID-19 pandemic, many are also not equipped to do so securely. The 2020 Remote Work Report from cloud security firm Bitglass Inc. analyzes how organizations have adjusted to support remote workers amidst the COVID-19 pandemic. The ...

Amazon.com Inc. is in advanced talks to acquire self-driving car startup Zoox Inc., according to a report from The Wall Street Journal. The valuation on the possible deal is said to be less than the $3.2 billion at which the company was valued as of its last round of funding in 2018, with an agreement ...

The International Red Cross is the lead signatory on a letter released today calling for an end to cyberattacks on healthcare and medical research facilities during the COVID-19 pandemic. The letter was initiated by the nongovernmental organization CyberPeace Institute and co-signed by 42 prominent people, including Microsoft Corp. President Brad Smith and former U.S. Secretary ...