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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.

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This Week in VC with Dana Settle of Greycroft Partners

Both Sides of the Table

Our guest this week on #TWiVC was Dana Settle , partner at Greycroft Partners , a venture capital firm with offices in New York and Los Angeles. Gilt Group is currently the largest private sale web site in US. Configurable from desktop-based web-based UI. Competition: McAfee , Symantec. Time will tell. Go Boulder!

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

Xconomy

The Web-based system monitors the laptops, smartphones, and other mobile devices connected to its clients’ networks. CrowdStrike’s Series E financing round was led by General. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

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IPO Scorecard: CrowdStrike Gains 70 Percent on First Trading Day

Xconomy

That close pegged CrowdStrike’s market capitalization at $11.4 Trading began at $63.50 Wednesday, and reached a near-doubling of the company’s IPO price before settling down to close at $58 for a first-day bump of more than 70 percent. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

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

Xconomy

Bob Ackerman is one of the venture capitalists whose funding has long fed the growth of the burgeoning cybersecurity industry. So, you might imagine that his outlook on data protection for 2019 would be more optimistic than in past years, because businesses now take advantage of a broad choice of security services to protect themselves.

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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.

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Industry Needs Common Security Standards to Thwart IoT Attacks

Xconomy

A silver lining has emerged in the wake of the massive and well-publicized denial-of-service attack launched less than two months ago by hackers using millions of IoT devices to cripple the websites of major companies like Amazon, Netflix and Twitter.

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