News

Central Beirut building that houses Al Jazeera offices and Norwegian Embassy is evacuated after a warning

A.Kim3 hr ago
TechCrunch Cyera acquires Trail Security for $162M; Cyera is now raising at a $3B valuation Cyera, the Israel-founded, U.S.-based cybersecurity unicorn that uses artificial intelligence to build what's known as data security posture management — a full assessment and picture of where a customers' data has been created, where it is stored, and how it is used — has been on a growth tear in the last year, picking up business as breaches have continued to hit a growing number of enterprises and other large organizations. The startup is acquiring Trail Security, a startup that was still in stealth mode building solutions for data loss prevention — essentially technology complementary to posture management to help secure data in the event of a breach. Cyera is paying $162 million for Trail in a mix of cash and shares, Cyera's CEO and co-founder Yotam Segev told TechCrunch in an interview.

Zepto eyes $100M from Indian offices in third funding in 6 months Zepto is in advanced stages of talks to raise $100 million in new investment, its third in the last six months, as the leading Indian quick commerce startup looks to rope in more domestic investors, sources familiar with the talks told TechCrunch. The Mumbai-headquartered startup, which delivers grocery items and office stationery to customers' doorsteps in 10 minutes in multiple Indian cities, is raising the new investment from Indian family offices and high net worth individuals. Motilal Oswal, the asset management giant that earlier invested $40 million in Zepto, is running the mandate for the new funding deliberation, the sources said, requesting anonymity as the matter is private.

The woman who filmed Waymo's honking robotaxis got an apology promo — then spent all day using it As a kind of apology for the nuisance, Waymo threw an ice cream party in Tung's building and gave Tung, a software engineer, some promo codes redeemable for free rides. After giving a few friends some codes, Tung — realizing the codes weren't capped in value — determined she'd use her last one to ride in a Waymo for 24 hours, visiting tourist destinations like Golden Gate Park, Chinatown, and Twin Peaks. Alas, 83 miles and 6.5 hours later, her Waymo ended the ride with 20 miles left, cutting short her plans.

White House considers expanding Nvidia's and AMD's AI chip export limits to additional countries The Biden administration has privately discussed capping sales of advanced AI chips from Nvidia and AMD to certain Persian Gulf countries in the interest of national security, Bloomberg reported on Monday. The restriction could put a ceiling on export licenses for certain countries, potentially Saudi Arabia and the United Arab Emirates, which are heavily investing in AI data centers. The White House increasingly views American AI chips as a key advantage on the global stage.

Table Space eyes $2.5B valuation in India IPO Table Space, an Indian managed workspace provider, is targeting a valuation of $2.5 billion or more for an IPO planned for next year, sources familiar with the matter told TechCrunch. The Bengaluru-headquartered startup has hired Axis as a bookrunner for the IPO, the sources said. Founded in 2017, Table Space leases large office spaces, transforms them into fully serviced, tech-enabled campuses, and offers them to corporate clients as customized offices, co-working spaces, and managed meeting rooms.

How a medtech market opportunity is shaping up for wearable neurotech When you think of brain-stimulating medtech, startups building wearables as therapeutics probably aren't the first thing that springs to mind. Such tech is still flying fairly under the radar - perhaps, in part, because these sorts of companies have raised a fraction of the investment that's been ploughed into invasive technologies for targeting treatments at the human brain. Elon Musk's brain implant startup Neuralink is probably the most well known of the invasive plays - raising at least $323 million since 2016 in a bid to get brain-computer interfaces to market as a treatment for people with neurological disorders or neurodegenerative diseases.

HubSpot acquires Cacheflow, a platform that helps close software sales HubSpot has acquired Cacheflow, a startup building tools for the software sales closing process, for an undisclosed amount. HubSpot CEO Yamini Rangan says that Cacheflow — which will become a wholly owned subsidiary of HubSpot once the deal closes — will expand HubSpot's Commerce Hub suite of subscription billing management and configure, price, and quote tools (CPQ). "With Cacheflow, we're doubling down on our vision for commerce by addressing two important areas of the buying experience: subscription billing and CPQ," Rangan said in a statement.

0 Comments
0