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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.

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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. 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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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

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CrowdStrike Hauls In $200M, Reports Valuation Over $3 Billion

Xconomy

CrowdStrike , a Silicon Valley cybersecurity company that fends off hackers by patrolling the edge devices connected to a network, announced today it raised $200 million in a financing round that sets the company’s valuation at more than $3 billion.

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Endpoint Security Company CrowdStrike Files Publicly for IPO

Xconomy

CrowdStrike , the cybersecurity company that identified the two Russian government-linked hacker groups that invaded the Democratic National Committee (DNC)’s network during the 2016 presidential campaign, filed publicly for an initial public offering on Tuesday.

Company 46
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Talk of Broadcom Buyout of Symantec Puts Broader IT Focus Into View

Xconomy

Broadcom is once, twice, three times a multi-billion-dollar dealmaker (well, basically) in the past year if it follows through on its reported talks to acquire Mountain View, CA-based cybersecurity giant Symantec. Though it is one of the largest cybersecurity software providers, Symantec is.