Cloud-based drone mapping and analytics platform DroneDeploy today said it has raised $25 million in new funding to expand both its offerings and its ecosystem of platform apps. The Series C round, bringing company’s total funding to $56 million, was led by Invenergy Future Fund with support from AirTree, Scale Venture Partners, Uncork Capital, Emergence Capital and AngelPad. ...

The hospitality industry has become the favorite target of botnets and distributed denial-of-service attacks. That’s the surprising takeaway from a report released today by Akamai Technologies Inc. The Summer State of the Internet Security report, which delved into cyberattack trends for the six-month period from November 2017 through April 2018, reveals the importance of maintaining agility not ...

In a confidence boost to the cryptocurrency market, leading Silicon Valley venture capital firm Andreessen Horowitz today launched its first dedicated crypto-focused fund to invest in crypto companies and protocols. The a16z crypto fund, which starts with $300 million in its investment kitty, will be co-led by former U.S. Department of Justice federal prosecutor and Coinbase ...

Facebook Inc.-owned photo-sharing app Instagram continues to go from strength to strength, with one analyst today valuing the service at $100 billion. That’s 100 times more than the social network giant paid for the company in 2012, as Instagram’s user numbers continue to surge and the company has launched a new dedicated video service. The figure ...

Apple Inc. today released the first beta test versions of its main operating systems, iOS 12 and macOS Mojave, giving early adopters their first taste of the software announced at the Worldwide Developers Conference June 4. Leading the headlines is the iOS 12 public beta, with the first release offering a range of new features ...

The introduction of the European Union’s General Data Protection Regulation law pertaining to online privacy has seen the creation of a new form of targeted cyberattack dubbed a “ransomhack.” First described by Bulgarian security company Tad Group, a ransomhack differs from traditional ransomware in that it doesn’t hold customer data hostage but instead is aimed at ...

Fortnite fans are being warned of links to fake Android apps purporting to offer the game, not least because game creator Epic Games has yet to release an official Android app. If you haven’t heard of Fortnite yet, it is currently the most popular online game. Using the Battle Royale last-man-standing format that saw PlayerUnknown’s Battlegrounds ...

TaTaTu Enterprises Ltd., a blockchain-based video startup that rewards users for watching and sharing videos, claims it has raised $575 million via an initial coin offering of TTU, making it the third-largest ICO on record behind Telegram and Block.one. The company, founded by Italian-Canadian film producer Andrea Iervolino, is difficult to describe because it is an amalgam ...

Elasticsearch BV, the data search software startup that trades under the name of Elastic, is set to go public. Recode late Thursday quoted people familiar with the matter saying that the company has confidentially filed its S1 initial public offering paperwork with the U.S. Securities and Exchange Commission. Founded in 2012, Elastic develops and offers the open source ...

The hacking and theft of personal data from at least 10 U.S. cities, using a software package called Click2Gov from Superion LLC, has been attributed to an unlikely source — raising questions about the need for software companies to disclose vulnerabilities in their products. The hacks, which started in the summer of 2017, targeted small ...