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New Year to Bring New Data Security Threats, Cyber Investor Warns

Xconomy

Ackerman (pictured) is founder and managing director of San Francisco-based VC firm AllegisCyber , and co-founder of Fulton, MD-based DataTribe , which helps launch startups grounded in the expertise of former federal cybersecurity experts at the National Security Agency and other government units. His portfolio companies.

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$100M Round Turns San Diego’s Seismic into Region’s Newest Unicorn

Xconomy

The venture investment, which the San Diego startup announced Tuesday, is one of only a few so-called mega-rounds—$100 million or more—recorded this year in the region. (In Seismic, an enterprise software company with ambitious growth plans, has raised $100 million in a Series E financing and added Microsoft chairman John W.

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Brain Corp., Maker of Robotics Tech, to Open European HQ in Amsterdam

Xconomy

a robotics startup whose technology powers automated floor cleaning machines in retail stores, malls, warehouses, and airports, announced Monday it is opening its first European office in Amsterdam, the largest city in the Netherlands. Brain Corp.,

News 75
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New Cybersecurity Alliance Continues Trend of Industry Collaboration

Xconomy

For the cybersecurity industry, 2016 is shaping up to be the year of alliances. There have been a series of tie-ups, as security-tech companies try to boost their businesses and amplify their products via acquisitions. The C³ Alliance is led by CyberArk, and SecureAuth and SailPoint are also members of that group.

Press 40
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Europe’s New Data Privacy Rules Nourish U.S. Privacy Tech Sector

Xconomy

Take a look at this blurb for a session about data privacy at the upcoming RSA conference on cybersecurity. It sounds a polite warning: “The importance of privacy is often alluded to in generalized, value-laden terms that, while sincere, don’t necessarily help privacy be taken seriously in the enterprise risk management process.”

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IPO Scorecard: CrowdStrike Gains 70 Percent on First Trading Day

Xconomy

Cybersecurity firm CrowdStrike delivered the kind of market debut this week that was an unfulfilled dream for the much-anticipated IPOs of Uber and Lyft earlier this year. Sunnyvale, CA-based CrowdStrike (NASDAQ: CRWD ) priced 18 million shares of common stock at $34 on Tuesday. Trading began at $63.50

Pricing 54
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5 Takeaways From the WannaCry Ransomware Attack

Xconomy

By exploiting a vulnerability in Microsoft Windows, the malware freezes computers, locks up data and files, spreads to other systems, and asks for a ransom in bitcoin payments. The “WannaCry” virus, which first hit companies and healthcare services on Friday, has infected some 300,000 computer systems in 150-odd countries.

.Net 68