Duncan Riley
Latest from Duncan Riley
Facebook Inc.’s new cryptocurrency is set to launch next week with a slew of major backers, according to a new report today from The Wall Street Journal. The report said the cryptocurrency will debut with support from Mastercard Inc., Visa Inc., PayPal Holdings …
Security ratings firm SecurityScorecard raises $50M
Security ratings firm SecurityScorecard Inc. has raised $50 million in a late-stage funding round in a bid to expand globally. The Series D round was led by Riverwood Capital and included Evolution Equity, Intel Capital, Two Sigma, AXA Ventures and Accomplice. The new …
Telegram briefly offline after a DDoS attack, likely from China
Popular encrypted messaging app Telegram was briefly offline Wednesday after it was targeted by a powerful distributed denial-of-service attack, possibly related to current protests in Hong Kong. The attack took the service, which has an estimated 200 million users, offline for at …
Uber heads to the skies with drones in San Diego, air taxis in Melbourne
Uber Technologies Inc.’s aerial ambitions are moving up. The company today announced that it will start testing drone deliveries in San Diego and Uber Air services in Melbourne, Australia. Give that the drone technology is far more advanced, testing of that service will …
Bird confirms it has acquired e-scooter sharing service Scoot
Bird Rides Inc. has officially acquired e-scooter sharing startup Scoot Networks Inc., the two companies announced today. The terms of the acquisition were not disclosed. Scoot had raised about $47 million, with its last round valuing it at $71 million. Investors in …
Israeli startup Orca Security comes out of stealth with $6.5M from YL Ventures
Israeli cloud cybersecurity startup Orca Security emerged from stealth mode today with a $6.5 million seed round from YL Ventures to allow it to develop its full-stack visibility security platform. Founded by former Check Point Software Technologies Ltd. Chief Technologist Avi Shua and Gil …
Israeli enterprise cybersecurity training startup CybeReady raises $5M
Israeli enterprise autonomous cybersecurity training platform startup CybeReady Learning Solutions Ltd. today said it has raised $5 million in funding and announced its entry into the North American market. The funding, its first after bootstrapping operations in Europe for four years, came from Baseline Ventures. The funding …
Digital assets transfer startup Fireblocks exits stealth mode with $16M in funding
Enterprise digital assets transfer startup Fireblocks Inc. emerged from stealth mode today with $16 million in funding for its “completely new way to securely transfer digital assets.” The Series A round was backed by Cyberstarts, Tenaya Capital, Eight Roads, Swisscom Ventures and MState. The …
FBI warns that hackers are using secure websites to trick users
The U.S. Federal Bureau of Investigation today issued a warning that “cyber actors” are exploiting “secure” websites in phishing campaigns. The public service announcement warned that those running phishing sites are now using Hypertext Transfer Protocol Secure sites, that is sites that …
Israeli self-driving car startup Innoviz raises $38M more
Israeli startup Innoviz Technologies Inc. said today it has raised an additional $38 million, an extension of the $132 million it raised in March, to build out new lidar products and bring them to market. Innoviz did not disclose the name of the new …