Application programming interface security startup Cequence Security Inc. announced today that it has raised $60 million in new funding to support enhancements to its solutions expand its product offerings. Menlo Ventures led the Series C round. Also participating in the round were ICON Ventures, Telstra Ventures, HarbourVest Partners, Shasta Ventures, Dell Technologies Capital and T-Mobile ...

LogMeIn Inc. today announced that it plans to spin off its password manager LastPass as a separate company. The decision, coming two years after LogMeIn was acquired by Francisco Partners Management and Elliott Management’s Evergreen affiliate for $4.3 billion, is said to allow LastPass to increase focus, investment and support for its business. LastPass was previously acquired by LogMeIn ...

Criminal groups and even suspected state-sponsored hacking groups continue to exploit a serious vulnerability in Apache Log4j with ransomware and other forms of malware. According to research from Check Point Software Technologies Ltd., the number of attacks seeking to take advantage of the vulnerability continues to rise, from 40,000 attacks on Dec. 11 through to more than ...

Browser cybersecurity startup Guardio Ltd. has raised $47 million in new funding to accelerate the company’s vision of creating a secure digital world. Tiger Global led the round, announced today, with Vintage, Cerca Partners, Union and Samsung Next also participating. Founded in 2018 by Israeli cybersecurity industry veterans Amos Peled, Daniel Sirota and Michael Weinstein, ...

A ransomware attack has struck workflow management solutions provider Kronos Inc. and knocked services offline. UKG Inc., the parent company of Kronos, said today that the ransomware attack could result in its services being out for “several weeks.” The company even suggested that its customers should seek other ways to facilitate payroll payments and human ...

Cable television provider Cox Communications Inc. has been hit by a data breach after a hacker impersonated a support agent to gain access to customer information. After the breach, first reported today by Bleeping Computer, customers started receiving letters from the company this week that warned them of it. The letter stated that on Oct.11, “unknown person(s) ...

DevOps metrics startup Software.co Technologies Inc. announced today it has raised $15 million in new funding to grow its platform and provide essential insights to engineering teams to enable faster and more efficient software development. Next47 and 8VC led the Series A round. Including the funding, Software has raised $22 million to date, according to Crunchbase. Founded in ...

WhatsApp today launched a new pilot program allowing some users in the U.S. to send and receive cryptocurrency using Meta Platforms Inc.’s Novi digital wallet. Meta, previously Facebook, announced a pilot program for the Novi wallet in October but without support for the Diem cryptocurrency. Instead, the service is currently only offering support of USDP, a ...

Adobe Inc. has acquired social media marketing startup ContentCal for an undisclosed price, although Bloomberg reported today that the deal was for more than $100 million. Six-year-old ContentCal, incorporated as ContentCalendar Ltd., is a business-to-business software-as-a-service content marketing platform that pitches itself as allowing users to manage their social marketing planning and processes more easily. The service ...

The U.S. Department of Commerce’s National Institute of Standards and Technology’s National Vulnerability Database has hit a record high of reported vulnerabilities in 2021. The new record, the fifth straight year the record has been broken, came to 18,378 vulnerabilities reported. The number of high-severity vulnerabilities reported fell, to 3,646 in 2021 from 4,381 the ...