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Security

IoT security startup Phosphorus raises $38M to fuel growth and development

By Duncan Riley Feb 22, 2022

“Internet of things” security startup Phosphorus Cybersecurity Inc. today announced that it has raised $38 million in new funding to fuel growth and technology development and enhance its user experience. SYN Ventures and MassMutual Ventures…

Security

Beyond Identity raises $100M for R&D on unicorn valuation of $1.1B

By Duncan Riley Feb 22, 2022

Passwordless multifactor authentication startup Beyond Identity Inc. today announced $100 million in new funding to expand research and development and to extend the company’s footprint and resources into the Asia Pacific region and Latin America.…

Apps

Donald Trump’s social media app Truth Social debuts today in rocky start

By James Farrell Feb 21, 2022

Former President Donald Trump’s social media app was made available today in Apple Inc.’s App Store, but it got off to a rocky start. Truth Social has been in the pipeline for some time…

Blockchain

Cryptocurrency platform startup Amber Group raises $200M on $3B valuation

By Duncan Riley Feb 21, 2022

Cryptocurrency platform startup Amber Global Ltd. today revealed that it has raised $200 million in new funding to expand its global footprint in developed and developing markets. Temasek Holding Ltd. led the Series B+ round…

Security

Kitchenware maker Meyer hacked by Conti ransomware gang

By Duncan Riley Feb 21, 2022

Kitchenware maker Meyer Corp. U.S. has disclosed that employee data was stolen in a ransomware attack that targeted the company in October. In a data breach notification filed with the Office of the Maine…

Blockchain

Jambo raises $7.5M to build web3 ‘superapp’ of Africa

By Duncan Riley Feb 21, 2022

African web3 startup Jambo announced today that it has raised $7.5 million in new funding to build out its pioneering web3 “superapp” of Africa. Investors in the seed round included Delphi Ventures, Coinbase Ventures, 3 Arrows…

AI

Skael raises $38M for its AI-powered automation platform

By Maria Deutscher Feb 21, 2022

San Francisco-based automation startup Skael Inc. today announced that it has closed a $38 million Series A funding round led by RTP Global. Dell Technologies Inc.’s venture capital arm and Bonfire Ventures, which led…

Security

New Android ‘Xenomorph’ banking malware targets European banks

By Duncan Riley Feb 21, 2022

A newly detailed form of Android banking malware has been found to be targeting 56 different European banks. Discovered by researchers at ThreatFabric and revealed today, the banking trojan has been dubbed “Xenomorph” because…

Blockchain

Hundreds on NFTs stolen in phishing attack targeting OpenSea users

By Duncan Riley Feb 20, 2022

Hundreds of nonfungible tokens have been stolen from NFT marketplace OpenSea with a value of at least $1.7 million. The theft took place between 5 p.m. and 8 p.m. EST on Saturday and involved 32 users.…

Security

Cybersecurity stocks caught in the storm while private firms keep rising

By Dave Vellante Feb 19, 2022

The pandemic precipitated what is shaping up to be a permanent shift in cybersecurity spending patterns. As a direct result of hybrid work, chief information security officers have invested heavily in endpoint security, identity access management, cloud…

all stories

IoT security startup Phosphorus raises $38M to fuel growth and development

Cryptocurrency platform startup Amber Group raises $200M on $3B valuation

Kitchenware maker Meyer hacked by Conti ransomware gang

Jambo raises $7.5M to build web3 ‘superapp’ of Africa

Skael raises $38M for its AI-powered automation platform

New Android ‘Xenomorph’ banking malware targets European banks

Hundreds on NFTs stolen in phishing attack targeting OpenSea users

Cybersecurity stocks caught in the storm while private firms keep rising

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