Authentication startup FusionAuth raises $65M, its first outside round
Funding for cybersecurity startups continues to look bleak. According to a recent Crunchbase survey, companies in the digital security space raised 30% less funds — $1.9 billion — in Q3 2023 compared to Q3 2022. But some startups are bucking the trend. Case in point, FusionAuth, a company that provides
Read moreMassRobotics is launching an accelerator
Sandwiched between rows of warehouses in the South Boston Waterfront, MassRobotics serves as both an incubator and import hub for the city’s vibrant robotics community. Soon, it will add accelerator to that list. This morning the nonprofit announced the forthcoming arrival of its simply named MassRobotics Accelerator. Applications are now
Read moreEarlyBird raises $4.5M, partially from its users, to scale its investment gifting platform for families
EarlyBird, an app that lets families and friends gift investments to children, has raised $4.5 million in a seed extension round that was partially funded by its user base. The app lets parents create a custodial account, also known as a UGMA (Uniform Gifts to Minors Act) account, which allows
Read moreProcurement management software startup Oro Labs lands $34M investment
Companies are increasingly struggling with procurement — the strategic process of acquiring goods and services to execute tasks across the organization. According to a recent survey from procurement network Procurious and Ivalua, a provider of spend management solutions, 32% of procurement teams admit to having “cut corners” under executive pressure
Read moreFreeplay wants to help companies test and build LLM-powered apps
Freeplay, a startup that lets companies build, experiment with and test apps powered by generative AI models, specifically text-generating models, today emerged from stealth with $3.25 million in a seed round led by Conviction Ventures. Founded by ex-Twitter employees, including the former heads of product and engineering for Twitter’s developer
Read moreMAZIV’s Digital Transformation Drive for Superior Customer Experience
MAZIV, one of South Africa’s largest telecommunications groups, aggressively invests in digital transformation to enhance customer experience and service quality. A PwC survey in 2022 revealed that 90% of South African telco customers expressed dissatisfaction. Telcos ranked as the second worst-performing sector. Over 55% of respondents would stop purchasing from
Read moreCyber Security Today, Nov 1. , 2023 – Atlassian warns admins to patch Confluence servers, GitHub being raided for AWS credentials and more
Atlassian warns admins to patch Confluence servers, GitHub is being raided for AWS credentials and more. Welcome to Cyber Security Today. It’s Wednesday, November 1st, 2023 I’m Howard Solomon, contributing reporter on cybersecurity for ITWorldCanada.com and TechNewsday.com in the U.S. Atlassian has discovered another major vulnerability in its Confluence Data
Read moreSafaricom latest pricing structure for 5G in Kenya
After having announced the expansion of 5G to towns across 35 counties in Kenya, Safaricom has decided to decrease the pricing structure of their 5G Wi-Fi routers and increase volumes for Home Consumer packages in an attempt to make the connectivity more accessible to all. Customers can view available 5G
Read moreHarnessing IoT and solar power for smarter energy management
When Eskom first implemented load shedding in 2007, electricity changed overnight from a resource every company could take for granted into one of the most urgent challenges in South African boardrooms. Since then, the imperative of facing up to the power crisis has grown, and not only because of heightened
Read moreHashtag Trending Nov.1-Meta told to stop using the name Threads; Reddit to cut ties with Google?; Nvidia using AI chatbots to design its AI chips
Is Threads under threat? Can Reddit say no to Google search? Nvidia is using AI to design its AI chips. And if you want to get past OpenAI’s guardrails, it’s easy – just ask it in Zulu. These and more top tech stories on Hashtag Trending I’m your host
Read more