Endpoint security startup NinjaOne lands $231.5M at $1.9B valuation
Just two years ago, VC funding to cybersecurity startups was on fire. $23 billion flooded the sector, per Crunchbase. But in 2023, cybersecurity upstarts only saw a third of that — the result of the exceptional surge in 2021, bloated valuations and investors wary of market instability. But there’s always some
Read moreCoffee Briefing Feb. 6 – AWS and University of Alberta collaborate to launch AI centre; Cisco survey reveals data privacy trends; ISED seeks to give Indigenous applicants priority access to spectrum; and more
Coffee Briefings are timely deliveries of the latest ITWC headlines, interviews, and podcasts. Today’s Coffee Briefing is delivered by IT World Canada’s editorial team! Missed the last Coffee Briefing? We’ve got you covered. AWS and University of Alberta team up to launch new AI centre Amazon Web Services (AWS) and the
Read moreBeamer buys Userflow to build a consolidated user experience platform
It’s M&A season in a tough tech jobs market. This morning, Beamer, a Boulder, Colorado-based company developing tools for businesses to reach users through their apps (e.g. via push notifications), announced that it’s acquiring Userflow, a user onboarding software startup, for $60 million. Beamer CEO Satya Ganni says that the
Read moreCyber Security Today, Feb. 7, 2024 – Deepfake video scam costs a company US$25 million
A deepfake video scam costs a company US$25 million, and more. Welcome to Cyber Security Today. It’s Wednesday, February 7th, 2024. I’m Howard Solomon, contributing reporter on cybersecurity for ITWorldCanada.com and TechNewsday.com in the U.S. A multinational firm is out US$25 million after an employee fell for a deepfake video
Read moreGoodshuffle dances into 2024 with $5M for event rental management software
The Goodshuffle Pro includes a single dashboard for rental and event production companies to track inventory, automate sales and streamline growth from one place. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreWhatsApp is preparing to roll out third-party chat support
With a month away from the Digital Markets Act (DMA) deadline, WhatsApp is preparing to allow other messaging networks in its app. In an interview with Wired, Dick Brouwer, an engineering director at WhatsApp, said that the company is ready to offer interoperability on the platform with over 2 billion
Read moreEnhanced Cyber Protection Partnership
iTOO Special Risks, a specialist insurer in South Africa, has partnered with Armata Cyber Security to deliver enhanced cyber protection, especially for small and medium enterprises (SMMEs). The collaboration enables iTOO to assess customers’ environments upfront, offering tailored recommendations to mitigate cyber risks. Justin Naylor, Managing Director at iTOO, emphasizes
Read moreWhy Has Forex Investing Become Increasingly Popular Throughout Africa?
Although at one time the African continent was considered somewhat separated from the outside world, it is now becoming a hub of modernity and innovation. Foreign businesses realize the associated opportunities and they have already invested a significant amount of their resources into African enterprises, opening up an entirely new
Read moreMeesho taps micro-entrepreneurs to plug gaps in India’s supply chain network
India is one of the fastest growing economies, yet its supply chain system remains antiquated, operating much as it did decades ago. The logistics sector is highly fragmented, with a majority of small, regional operators lacking scale and efficiency. Regional truckers still rely on brokers and word-of-mouth to secure cargo,
Read moreSnap is looking to unify user experience across Spotlight and Stories
Snap’s stock plunged 30% on Tuesday after announcing Q4 2023 results that didn’t meet analyst expectations. On the earnings call, CEO Evan Spiegel said the company is taking a few steps this year to fuel growth. These include unifying experience across Stories and Spotlight, improving ad interactions across platforms, and
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