Duncan Riley
Latest from Duncan Riley
IoT focused cybersecurity firm ForeScout raises $76m Series G on $1b unicorn valuation
Internet of Things (IoT) focused Cybersecurity firm ForeScout, Inc. has raised $76 million Series G in a round led by Wellington Management Group and a number of undisclosed investors. The new round was raised on a $1 billion valuation meaning the company now has obtained unicorn status, a once rare breed of startup with a ...
Dutch police arrest 10 in alleged case of Bitcoin money laundering
Dutch authorities have arrested 10 people suspected of running a multi-million dollar Bitcoin laundering ring. The arrests were made on Tuesday following an investigation that was assisted by authorities in the United States, Australia, Lithuania and Morocco and involved coordinated raids on 15 locations around the country including Rotterdam, Zoetermeer, Almere, Dordrecht, Zaandam, Schiedam, The Hague ...
Chinese Government warns citizens about MMM Bitcoin Ponzi scheme
The Chinese Government has warned its citizens to stay away from infamous Bitcoin investment program MMM Global, as the service was nothing more than a Ponzi scheme. According to local reports, the warning, published by the central bank, the banking regulator, the Ministry of Industry and Information Technology and the State Administration for Industry and ...
Fintech invoice factoring startup BlueVine raises $40m Series C
Fintech startup BlueVine Capital, Inc. has raised $40 million Series C in a round led by Menlo Ventures that included Rakuten FinTech Fund, Lightspeed Venture Partners, 83North, Correlation Ventures and a new debt facility from Silicon Valley Bank. Founded in 2013, BlueVine offers an invoice factoring service that aims to help small businesses overcome short-term ...
Report: IBM in talks to acquire live video streaming firm Ustream for around $130m
International Business Machines Corp. (IBM) is said to be in talks to acquire online video streaming company Ustream, Inc. according to a report published Wednesday. Forbes claims the talks are advanced according to multiple sources familiar with the deal, with an acquisition price expected to be around $130 million in cash, with the possible addition ...
FireEye acquires cyber threat intelligence startup iSIGHT Partners for up to $275m
Cybersecurity firm FireEye, Inc. has acquired cyber threat intelligence startup iSIGHT Partners, Inc. for up to $275 million, consisting of an initial payment of $200 million with performance-based incentives that could earn former iSIGHT shareholders $75 million if the business meets certain sales targets through mid-2018. According to Reuters, the sales figure is less than ...
Cisco’s annual security report finds enterprises less confident about defense strategies
Cisco Systems, Inc. has delivered its annual security report, with the company finding that enterprises are less confident about their abilities to defend themselves from bad actors in the future. The report notes that defender confidence in the enterprise is dropping, with only 45 percent of global organizations worldwide confident in their security relative to ...
Facebook delivers an epic FU to China with new Android app to have Tor support built in
Facebook, Inc. has announced that its Android App will now come with Tor network support, allowing users to access the social networking service in countries where it is currently unavailable… and by that they mean China. The new version of the Facebook app, which will be available to all users who don’t have an Apple ...
Netflix continues to thrive with Q4 financials seeing it grow to 74.76m subscribers
Netflix, Inc. continues to thrive with the online streaming company adding a record number of new subscribers in the fourth quarter of 2015. The company, which announced its final global expansion two weeks ago, booked 5.59 million new subscribers for the quarter, ahead of an original projection of 5.15 million. International expansion, in a quarter ...
Bitcoin financial services company First Global Credit now offering access to the London Stock Exchange
Bitcoin financial services company First Global Credit, Inc. has expanded its offering with customers now able to invest in a range of stocks listed on the London Stock Exchange (LSE). Launched in 2014 First Global Credit offers users the ability to use Bitcoin as a collateral margin to trade traditional equities. The company delivers the ...