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  • June 20, 2024
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Semperis, a specialist in Active Directory security now worth more than $1B, raises $125M

Active Directory – the Microsoft directory service for connecting users with network resources – is used by more than 90% of all Fortune 1000 companies and many more besides. So it’s no surprise that it’s a giant target for malicious hackers.  That also means a lot of attention for security

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  • June 20, 2024
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Spotify quietly lets all podcasters upload videos, surpasses 250K shows

Non-hosted podcasters can now upload videos to Spotify. Over 250K video podcasts are on the platform. © 2024 TechCrunch. All rights reserved. For personal use only.

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  • June 20, 2024
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Daydream rakes in $50M seed funding to build an AI-powered search engine suited for e-commerce

Online shopping trends are expected to stay strong this year, but e-commerce is more fragmented than ever. With brands selling on so many platforms — from TikTok Shop, to established marketplaces, live shopping, and owned channels — you’d think it would have become easy for shoppers to find what they’re

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  • June 20, 2024
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Cadana, an emerging markets payroll services provider for global hiring platforms, banks $7.1M seed

The global freelancer market, a $1.3 trillion industry fueled by over 200 million knowledge workers, drives demand for solutions that automate payroll and streamline employment and tax regulations worldwide. However, most existing products fail to address the legal landscape of emerging markets, such as differences in employment laws.  This oversight

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  • June 20, 2024
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Paris-based VC Breega hits first close of $75M Africa fund to back pre-seed and seed startups

Paris-based VC firm Breega has observed Africa’s tech ecosystem mature over the years. From receiving less than a billion dollars in venture capital per year to a record-high $6 billion, there’s also been an increase in high-growth companies, from one unicorn to seven within the span of three years. Now

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  • June 20, 2024
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PQShield secures $37M more for ‘quantum resistant’ cryptography

Malicious hacking is getting increasingly sophisticated, and that’s leading to a very clear trend in security technology. To keep people and organizations safe, security also has to continue advancing its own complexity.  Security startup PQShield has gotten an early start on that concept with a focus on “post-quantum” cryptography: software

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  • June 20, 2024
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‘Lawyer-in-the-loop’ startup Wordsmith wants to bring AI paralegals to all employees

Wordsmith, a fledgling Scottish legal tech startup, has somehow managed to attract the backing of two well-known venture capital firms. The startup targets in-house legal teams and law firms with an AI platform that they can configure to help other workers in the company. This way, anyone in the company

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  • June 20, 2024
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Hero wants to save the day for companies facing a working capital crunch

Hero, a new fintech startup based in Paris, is announcing an €11.3 million all-equity funding round led by Valar Ventures ($12.2 million at today’s exchange rate). For the past couple of years, the company has been quietly building an ambitious banking product for small companies that can essentially replace everything

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  • June 19, 2024
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Kepler’s ellipse perimeter approximations

In 1609, Kepler remarked that the perimeter of an ellipse with semiaxes a and b could be approximated either as P1 ≈ 2π(ab)½ or P2 ≈ π(a + b). In other words, you can approximate the perimeter of an ellipse by the circumference of a circle of radius r where

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  • June 19, 2024
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General Catalyst makes India push with Venture Highway merger

General Catalyst, a Silicon Valley venture capital group, is expanding its presence in India by joining forces with a local venture firm and earmarking more than $500 million for investments in the world’s most populous nation. The U.S. venture capital group is merging with Venture Highway, an India-based firm whose

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