Ransomware recovery can be costly, and not just because of the ransom

Ransomware is rarely out of the headlines. Just last week, IT consulting giant Accenture was hit by the LockBit ransomware gang, days after Taiwan-based laptop maker Gigabyte also fell victim to an apparent ransomware attack, leading the hackers to leak gigabytes of confidential AMD and Intel data.

Webiny nabs $3.5M seed to build serverless development framework on top of serverless CMS

Webiny, an early-stage startup that launched in 2019 with an open-source, serverless CMS, had also developed a framework to help build the CMS, and found that customers were also interested in that to help build their own serverless apps. Today, Webiny announced a $3.5 million seed round to continu

One banks $40M to offer ‘all-in-one’ financial services to the middle class

One, a startup that aims to bring “all-in-one banking” to the middle class, announced today that it has raised $40 million in a Series B round of funding. Progressive Investment Company (the insurance giant's investment arm) led the round, which included participation from Obvious Ventures,

Holoride's in-car VR gaming system leaves the track for the real world

Holoride's VR gaming system for passengers caught our attention a few years back at CES when we were given a ride in an Audi on a track and had the game react to the movement of the vehicle while we played. Well, the company is back and this time they demoed two games and threw off the shackle

FloodMapp wants to predict where water goes before it washes away your home

Floods are devastating. They rip asunder communities, wipe out neighborhoods, force the evacuation of thousands of people every year and recovering from them can take years — assuming recovery is possible at all. The U.S. government estimates that floods in recent decades (exclusive of hurricanes

Spotify expands its radio DJ-like format, Music + Talk, to global creators

Last fall, Spotify introduced a new format that combined spoken word commentary with music, allowing creators to reproduce the radio-like experience of listening to a DJ or music journalist who shared their perspective on the tracks they would then play. Today, the company is making the format, whi

Blumira raises $10.3M Series A to bring cloud-based SIEM to mid-market companies

Blumira today announced it raised a $10.3 million Series A financing round. The Ann Arbor-based cybersecurity company says the capital will be used to expand its product offering, double its headcount to 80 employees and grow its partnership program with managed service providers. The company, foun

Enable bags $45M for B2B rebate management platform

Enable, a startup developing a cloud-based software tool for business-to-business rebate management, announced Wednesday a $45 million Series B funding round. The round is led by Norwest Venture Partners with participation from existing investors Menlo Ventures and Sierra Ventures, and a group of a

Rapid Robotics raises another $36.7M

Rapid Robotics announced a $12 million Series A all the way back in April 2021. Four months later, the Bay Area-based robotic manufacturing firm is back with a $36.7 million Series B, led by Kleiner Perkins and Tiger Global. The round, which also features existing investors NEA, Greycroft, Bee Part

Stacker raises $20M Series A to help business units build software without coding

No-code platforms have developed into a hot market, and Stacker, a London-based no-code platform, is attempting to bring the concept to a new level. Not only can you create a web application from a spreadsheet, you can pull data from a variety of sources to create a sophisticated business applicati

T-Mobile says at least 47M current and former customers affected by hack

T-Mobile has confirmed that millions of current and former customers had their information stolen in a data breach, following reports of a hack over the weekend. In a statement, T-Mobile, which has more than 100 million customers, said its preliminary analysis shows 7.8 million current postpaid T-M

Evervault’s ‘encryption as a service’ is now open access

Dublin-based Evervault, a developer-focused security startup which sells encryption via API and is backed by a raft of big name investors including the likes of Sequoia, Kleiner Perkins and Index Ventures, is coming out of closed beta today — announcing open access to its encryption engine. T

API platform Postman valued at $5.6 billion in $225 million fundraise

San Francisco-based Postman, which operates a collaborative platform for developers to help them build, design, test and iterate their APIs, said on Wednesday it has raised $225 million in a new financing round that values it at $5.6 billion, up from $2 billion a year ago. The startup's new fin

MobileCoin closes on $66 million in equity in Series B round

MobileCoin, a cryptocurrency startup that counts founder Moxie Marlinspike of the encrypted messaging app Signal as its earliest technical advisor, has raised $66 million in Series B funding from a long list of investors. Among them is Alameda Research, Berggruen Holdings, BlockTower Capital, Coinb