Cloud-based security platform provider Alarm.com, Inc. has filed for an initial public offering (IPO.) According to reports, the company is looking to raise $75 million which it plans to use on working capital and other general corporate purposes. Goldman Sachs & Co., Credit Suisse and BofA Merrill Lynch are joint book-running managers for the offer. Founded in ...

Users of Friendfinder Network, Inc.’s Adult FriendFinder may have more to fear than their sexual preferences being leaked, with a hacker offering for sale an “unredacted” version of the stolen data from the service that may include credit card information. The hacker, who goes by the username of ROR[RG] wrote on a Darknet Forum on Saturday that ...

Mega microblogging and messaging service Twitter, Inc. apparently wants to spread its wings into the “personalized magazine” mobile app space with a report Monday claiming the company has been attempting to acquire Flipboard, Inc. The report from Kara Swisher at Re/Code claims multiple sources have confirmed that talks between the two companies have been taking place since the ...

Shares in Shopify Inc. surged on debut at the New York Stock Exchange Thursday, with the online storefront provider finding favor among investors. Shares in the company surged to as much as $28.74, up 65 percent on its float price of $17 a share, before closing the day at $25.68, up 51.06 percent. Shopify was ...

Brit Media Inc., the company behind the media and e-commerce site Brit + Co has raised $23.1 million Series B. Who participated in the round was clear, but a Securities Exchange Commission (SEC) filing shows that Lisa Lambert of Intel Capital has joined the company’s board, suggesting they took part. Founded in 2011 by Brit Moran, who ...

FriendFinder Networks Inc.’s popular adult dating and hookup website Adult Friendfinder has been hacked, with the details of millions of users appearing on the Dark Web. U.K. television station Channel 4 made the discovery, claiming that the stolen data reveals sexual preferences of users, whether they’re gay or straight, and if they are looking to ...

Bitcoin storage provider Elliptic Enterprises Ltd. has announced a new partnership with Bitcoin security platform provider Gem that will see Elliptic offer enhanced security for Gem clients. Under the deal, Elliptic will act as an independent third party to provide insured storage of the third (backup) private key to Gem Bitcoin wallets; typically a multi-signature wallet has three ...

Surprising many that it still exists, internet search pioneer Lycos Inc. announced Wednesday that it intends to sell the majority of its patent portfolio as it is refocusing to sell “a suite of hard good products.” According to reports, Lycos is looking for a buyer for patents that are said to cover search engines, online ...

Streaming music giant Spotify AB is no longer a streaming music company alone, with an announcement in New York Wednesday seeing the addition of video and podcasts to the service. According to the company, the new Spotify will feature a range of entertainment, news and clips from providers including ABC, Adult Swim, BBC, Comedy Central, E!, ESPN, ...

Reddit’s interim Chief Executive Officer Ellen Pao has confirmed redditors’ worst fears following a policy change last week, saying in an interview that she intends to turn Reddit into a safe space. Pao, previously a failed litigant in a sexual discrimination case, told National Public Radio (NPR) that the new policy reflected that it was ...