Duncan Riley
Latest from Duncan Riley
Russian hackers are alleged to have targeted election systems in 39 states, according to a report published Tuesday. Bloomberg, citing sources “with direct knowledge of the U.S. investigation,” claims that incursions into voter databases and software systems occurred in almost twice as …
On-demand physical goods storage startup Clutter raises $64M
On-demand physical-goods storage startup Clutter Inc. has raised $64 million in a late-stage funding round led by Atomico. Founded in 2013, the Culver City, California-based company offers a Uber-for-storage type service in that it allows users store extra belongings without actually leaving their house. Users …
Microsoft snaps up Israeli security firm Hexadite for a neat $100M
Microsoft Corp. has acquired Israeli security firm Hexadite Ltd., a company that offers automated incident response solutions to cyberattacks. The price of the acquisition was not officially disclosed, but TechCrunch, citing sources, said the deal was sealed for a neat $100 million. Founded …
Beyond Limits raises $20M for AI-based fossil fuel exploration platform
Space may be the final frontier, but this is the story of a startup using technology first developed by NASA back here on Earth, commercializing industrial-grade artificial intelligence software for fossil fuel exploration. Founded in 2012, Beyond Limits Inc. has raised $20 million in a …
Report: Uber in acquihire talks to purchase valet parking startup Luxe
Despite nearly constant criticism from the media, ride-hailing giant Uber Technologies Inc. continues to plow ahead, as a report Thursday claimed it’s in talks to acquire Luxe Valet Inc., a San Francisco-based startup that specializes in on-demand valet parking. Founded in 2013, …
Fintech startup Addepar raises $140M to grow its ‘financial operating system’
Fintech startup Addepar Inc., a company that offers a “financial operating system” for investors, has raised $140 million in a late-stage funding round. Founded in 2009, Addepar offers a technology platform whose data-driven service claims to bring “common sense” to the market. According …
Businesses are stockpiling bitcoin to pay ransomware demands
A survey of 500 information technology decision-makers in Britain has found that a significant number of companies are stockpiling bitcoin in anticipation of a ransomware attack. The survey, from the United Kingdom office of Citrix Systems Inc., found that 42 percent of those …
Irish fintech startup Plynk raises $28M to expand its ‘money messaging app’
Irish financial technology startup Plynk Ltd. has raised $28 million in a Series A round that was led by Swiss Privée International Ltd. Founded in 2015, Plynk offers a “money messaging app” that facilitates peer-to-peer payments between its users in a way that removes …
Alphabet’s Project Wing successfully tests drone air traffic management platform
Project Wing, the drone program from Google Inc. parent Alphabet Inc., just hit a new milestone by demonstrating that its air traffic management platform for unmanned aircraft systems works. The successful test revealed Wednesday was part of a set of nationwide tests being …
Zuck hearts Orwell with Facebook webcam spying patent
In a play reminiscent of George Orwell’s “1984,” Facebook Inc. has filed a patent that proposes a method by which it would spy on users through their webcams or smartphone cameras so the social network can better tailor content and advertising. The patent, …