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Cloud

Projectworks raises $12M to expand its project automation platform

By Duncan Riley Jun 3, 2025

New Zealand professional services automation startup Projectworks announced today that it has raised $12 million in new funding to expand its product development, go-to-market and customer success teams. With the funding, the company is…

Security

Zero Networks raises $55 million to expand microsegmentation and zero-trust solutions

By Duncan Riley Jun 3, 2025

Israeli cybersecurity startup Zero Networks Ltd. announced today that it has raised $55 million in new funding to expand its team and scale up go-to-market efforts worldwide. Founded in 2019, Zero Networks offers automated, agentless microsegmentation…

Security

Bitdefender report finds 84% of major attacks now involve legitimate tools

By Duncan Riley Jun 3, 2025

A new report out today from Bitdefender Labs, the research arm of cybersecurity company S.C. Bitdefender SRL, has found that 84% of major security incidents now involve the use of legitimate system tools, a tactic…

Security

Managed cybersecurity service startup ThreatSpike raises $14M

By Mike Wheatley Jun 3, 2025

U.K.-based cybersecurity firm ThreatSpike Ltd. said today it has closed on $14 million Series A funding from Expedition Growth Capital, the first time it has secured outside capital since being founded 14 years ago.…

AI

The next frontier in enterprise AI: What to watch at Snowflake and Databricks summits

By John Furrier Jun 2, 2025

As we enter the artificial intelligence summit season, two pivotal events, Snowflake Summit and Databricks’ Data+AI Summit offer a rare lens into how the battle for the future of enterprise AI is unfolding. These…

AI

Elon Musk’s xAI launches $5B debt sale to fuel AI infrastructure investments

By Mike Wheatley Jun 2, 2025

XAI Corp., the artificial intelligence startup founded by Elon Musk, is arranging a $5 billion debt sale that will help the company to keep up its lavish spending on data center infrastructure as it…

Emerging Tech

Quantum startup Infleqtion eyes defense industry applications after raising $100M

By Mike Wheatley Jun 2, 2025

Infleqtion Inc. said today it has raised $100 million from a host of venture capital investors and the government services contractor Science Applications International Corp. to accelerate the development of its neutral atom-based quantum…

Big Data

Snowflake buys Crunchy Data to add more bite to its AI agents

By Mike Wheatley Jun 2, 2025

Snowflake Inc. said today it’s buying a database startup called Crunchy Data Solutions Inc. in a $250 million deal that’s expected to close imminently, bolstering its agentic artificial intelligence capabilities. Crunchy Data’s team of…

Emerging Tech

Neuralink raises $650M at reported $9B pre-money valuation

By Maria Deutscher Jun 2, 2025

Neuralink Corp., Elon Musk’s brain-computer interface startup, today announced that it has closed a $650 million funding round to support its research. Semafor cited sources as saying that the Series E raise gives the company…

Security

Illumio and Nvidia team up to strengthen zero-trust security for critical infrastructure

By Duncan Riley Jun 2, 2025

Breach containment company Illumio Inc. today announced a new collaboration with Nvidia Corp. to help critical infrastructure organizations strengthen protection and advance their zero trust posture. The collaboration integrates the Nvidia BlueField networking platform with Illumio’s…

the latest

Projectworks raises $12M to expand its project automation platform

Zero Networks raises $55 million to expand microsegmentation and zero-trust solutions

Bitdefender report finds 84% of major attacks now involve legitimate tools

Managed cybersecurity service startup ThreatSpike raises $14M

The next frontier in enterprise AI: What to watch at Snowflake and Databricks summits

Elon Musk’s xAI launches $5B debt sale to fuel AI infrastructure investments

Quantum startup Infleqtion eyes defense industry applications after raising $100M

Snowflake buys Crunchy Data to add more bite to its AI agents

Neuralink raises $650M at reported $9B pre-money valuation

Illumio and Nvidia team up to strengthen zero-trust security for critical infrastructure

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