Paul Sawers
Silicon Valley venture capital (VC) juggernaut Sequoia is backing a fledgling Danish startup to build a next-gen software composition analysis (SCA) tool, one that promises to help companies filter through the noise and identify vulnerabilities that are a genuine threat.
For context, most software contains at least some open source...
TravelPerk, a business travel management platform targeted at SMEs, has raised $105 million in a fresh equity-based round of financing led by SoftBank’s Vision Fund 2.
Existing investors including Kinnevik and Felix Capital also participated in the round.
The funding gives TravelPerk a valuation of $1.4 billion, just a fraction over...
The European Parliament is calling for new rules to bring more fairness and transparency to music-streaming across the bloc, including proposals for a new bill to force streaming platforms to open up their recommendation algorithms.
The bill would also require Spotify et al to make it clear where a song...
Build a Rocket Boy, a Scotland-headquartered game development company founded by one of the former lead developers behind the Grand Theft Auto franchise, today announced it has raised $110 million in a Series D round of funding.
The funding comes ahead of the much-anticipated launch of the company’s first titles...
Onera Health, a startup providing sleep diagnostic and monitoring technology to help clinicians conduct studies, has raised €30 million ($32 million) in a Series C round of funding.
Poor sleep is thought to impact the U.S. economy alone to the tune of $400 billion, due to factors such as absenteeism...
Google is set to build a new subsea cable connecting Chile with Australia, via French Polynesia — the first such cable to directly connect South America with Asia-Pacific.
Dubbed “Humboldt,” after German polymath and explorer Alexander von Humboldt, the new cable is the latest in more than a dozen similar...
Hyperexponential, a London-based insurance technology (insurtech) startup that serves the property-casualty (P&C) insurance industry with “decision intelligence” for pricing, has raised $73 million in a Series B equity round of funding.
Boston-based venture capital (VC) firm Battery Ventures led the round, with participation from existing investor Highland Europe and Andreessen...
Pitch, the company behind a collaborative presentation software for businesses, is scaling back and bootstrapping, with CEO and co-founder Christian Reber stepping down and two-thirds of its employees losing their jobs.
This translates roughly to 80 personnel, based on the 120 headcount figure Pitch has published on its about page.
Reber...
Ryan Reynolds-backed Mint Mobile exited to T-Mobile for $1.35 billion last year, and Sam Altman-backed “Ai Pin” startup Humane launched a pricey little device with a $24 monthly subscription that comes with phone number, unlimited data and as many AI-powered queries as you can muster.
What do they have in...
Aqua Security, an Israeli cybersecurity startup that helps companies protect their cloud services, has raised $60 million in funding, extending its previously announced $135 million Series E round of funding to $195 million.
Founded in 2015, Tel Aviv- and Boston-based Aqua Security claims customers such as PayPal, Netflix, and Samsung,...
