Sophos acquires Braintrace to supercharge its threat detection capabilities

Thoma Bravo-owned Sophos has announced it’s acquiring Braintrace, a cybersecurity startup that provides organizations visibility into suspicious network traffic patterns. Terms of the deal were not disclosed. Braintrace, which was founded in 2016 and has raised $10 million in funding, has dev

Tune in today to watch Extreme Tech Challenge (XTC) Global Finals

It's not too late to enjoy an epic pitch-off of global proportion. The Extreme Tech Challenge (XTC) Global Finals start today, July 22 at 9:00 am (PT). Register here for free, get instant access and tune in to see seven phenomenal startups — each one tackling some of the world's most daun

Microsoft’s cyber startup spending spree continues with CloudKnox acquisition

Microsoft has acquired identity and access management (IAM) startup CloudKnox Security, the tech giant’s fourth cybersecurity acquisition this year. The deal, the terms of which were not disclosed, is the latest cybersecurity acquisition by Microsoft, which just last week announced that it

Uber Freight acquires Transplace for $2.25B

Uber Freight, the logistics business spun out of Uber in 2018, has acquired Transplace for about $2.25 billion from private equity group TPG Capital, according to regulatory filings. The deal announced Thursday will involve $750 million in Uber stock with the remainder in cash. The acquisition of T

Obé Fitness raises $15M for its personality-driven exercise platform

Obé Fitness' co-founders/co-CEOs Mark Mullett and Ashley Mills toss around the word “entertrainment” a lot. For the record, it's not a reference to the Butler County, Ohio-based amusement park that serves as the home of the “world's largest train display,” but rather one of tho

Visa acquires Currencycloud, which makes APIs for remittances and currency transfers, in a $963M deal

A year and a half after Currencycloud raised $80 million in a round that included Visa, the London-based developer of APIs that power remittance and currency exchange services is getting even closer to the financial services giant. Today, Visa announced that it would acquire Currencycloud in a deal

B2B social management platform Oktopost raises $20M growth round with Expedition

With the pandemic forcing people online, social media use exploded, for obvious reasons. And with that, the opportunity to reach audiences and push messaging. More brand-oriented platforms such as Sprinkler, Sprout Social and Hootsuite have obviously risen in use, but so did traffic to Oktopost, a

India’s BlackBuck valued at $1 billion in $67 million fundraise

India's trucking system has a big inefficiency problem that continues to drag the economy. BlackBuck, one of the handful of startups that is digitizing the freight and logistics across India, has just attained unicorn status after securing new funds. Tribe Capital, IFC Emerging Asia Fund and VE

Indonesian B2B marketplace GudangAda raises more than $100M in new funding

"attachment_2180816" aria-describedby="" style="width: 1024px">GudangAda founder and chief executive officer Stevensang. Image Credits: GudangAda GudangAda, a Jakarta-based marketplace that brings wholesalers closer to retail stores and other buyers, announced it has closed a Series B of more than $

Indonesia “sea-to-table” platform Aruna hooks $35M led by Prosus and East Ventures Growth Fund

When Aruna's founders first met at university, they wanted to find a way to use their studies in information technology to help family members who were running small fisheries. Indonesia is one of the world's largest fisheries producers, but the industry is very fragmented. This means fishe

DraftKings shares plans for launch of NFT collectibles marketplace

DraftKings is charging into the NFT game, announcing a marketplace aimed at curating sports and entertainment-themed digital collectibles for its audience of enthusiasts. The platform is “debuting later this summer,” and showcases another potentially lucrative expansion for the fantasy

These simple metrics will tell you if your startup is ready to scale

Finding go-to-market fit (GTM) is a pivotal moment for a startup. It means you've found a repeatable formula for finding and winning lead that can be written into a repeatable GTM playbook. But before you scale up your sales and marketing, you should check the metrics to make sure you're re

Dear Sophie: Should we look to Canada to retain international talent?

Here’s another edition of “Dear Sophie,” the advice column that answers immigration-related questions about working at technology companies. “Your questions are vital to the spread of knowledge that allows people all over the world to rise above borders and pursue their dreams,” says

WhenThen’s no-code payments platform attracts $6M from European VCs Stride and Cavalry

The payments space — amazingly — remains up for grabs for startups. Yes, dear reader, despite the success of Stripe, there seems to be a new payments startup virtually every other day. It's a mess out there! The accelerated growth of e-commerce due to the pandemic means payments are