On World Password Day, Google celebrates by telling you how it’s going to kill the password
Yesterday was officially World Password Day – a day in which everyone celebrates how passwords have kept us safe by cross-checking their own personal security and strengthening their own passwords so that their data...
Fire in the hole! How industrial 5G will light a big-bang to remake the telecoms world
This article is taken from a new Enterprise IoT Insights report on Industrial 5G SLAs. The full article, including additional sections, along with the rest of the report – with commentary from the likes of Accenture,...
Shift Technology raises $220M at a $1B+ valuation to fight insurance fraud with AI
While incumbent insurance providers continue to get disrupted by startups like Lemonade, Alan, Clearcover, Pie and many others applying tech to rethink how to build a business around helping people and companies mitigate against risks with some financial security, one issue that has not disappeared is fraud. Today, a startup out of France is announcing some funding for AI technology that it has built for all insurance providers, old...
Rental car companies are turning to used car auctions to regrow fleets amid a massive shortage sending prices skyrocketing
A Hertz car rental location in New Jersey in May 2020. AP Photo/Ted Shaffrey, File There's a rental-car shortage in the US that's causing fleets to be booked out or booked at high prices. Companies are scrambling to...
Timescale grabs $40M Series B as it goes all in on cloud version of time series database
Timescale, makers of the open-source TimescaleDB time series database, announced a $40 million Series B financing round today. The investment comes just over two years after it got a $15 million Series A. Redpoint...
Cymulate nabs $45M to test and improve cybersecurity defenses via attack simulations
With cybercrime on course to be a $6 trillion problem this year, organizations are throwing ever more resources at the issue to avoid being a target. Now, a startup that’s built a platform to help them stress-test the investments that they have made into their security IT is announcing some funding on the back of strong demand from the market for its tools. Cymulate, which lets organizations and their partners run machine-based...
5G for industry – coal miners could ‘wear suits and ties at work’, says Huawei chief
Huawei in February opened the Intelligent Mining Innovation Lab in Shanxi province Huawei CEO Ren Zhengfei, speaking at the opening of the company’s Intelligent Mining Innovation Lab in China’s Shanxi province, discussed how the “main goal” of 5G is enabling the digital transformation of vertical industries, including transportation hubs, ports, mines and manufacturing. The point of facilities such as the Intelligent Mining...
Evening Fund debuts with $2M micro fund focused on investments between $50K and $100K
We tend to think of venture capital in tens or hundreds of millions, even billions of dollars, so it’s refreshing to find Evening Fund, a new $2 million micro fund that focuses on small investments between $50,000 and...
Here's the 21-page pitch deck a Citi-backed fintech for freelancers used to raise $155 million from investors like hedge fund Tiger Global
HoneyBook cofounders Dror Shimoni, Oz Alon, and Naama Alon. HoneyBook HoneyBook, a fintech platform for freelancers, raised $155 million in funding and became a unicorn. Tiger Global and Durable Capital Partners...
Starboard Value puts Box on notice that it’s looking to take over board
Activist investor Starboard Value is clearly fed up with Box and it let the cloud content management know it in no uncertain terms in a letter published yesterday. The firm, which bought a 7.7% stake in Box two years ago claims the company is underperforming, executing poorly and making bad business decisions — and it wants to inject the board of directors with new blood. While they couched the letter in mostly polite language,...