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Cybersecurity company Avast hacked via employee virtual private network

Czech cybersecurity firm Avast Software s.r.o., the owner of popular antivirus software provider AVG Technologies N.V., has been hacked, but the company managed to fight off the attack. Those behind the hack managed to gain access by compromising an employee’s virtual private network credentials that were not protected using two-factor authentication. Having gained access, the hacker managed …

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AI recruitment startup Project Crowd raising money with security token offering

Artificial intelligence recruitment platform startup Project Crowd AG is taking a somewhat unusual route to raise funds, listing security tokens for sale on the digital investment platform WeOwn. The offering is seeking to raise 1 million Swiss Francs ($1.01 million). Investors can buy into the company with a minimum investment of 200 CHF ($202.50). Unlike …

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Pendo claims ‘unicorn’ status after bagging $100M in new funding

Software application optimization company Pendo.io Inc. is the latest tech unicorn after announcing today it has raised an even $100 million in a late-stage round of funding. The Series E round brings Pendo’s total amount raised to $206 million and sets a valuation of $1 billion. Sapphire Ventures led the round, with participation from new investors General …

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Einride raises $25M to put more of its T-Pod autonomous trucks on the road

Einride AB, one of the few European startups competing in the race to develop driverless trucks, today revealed that it has secured a $25 million funding round to support expansion plans. Sweden-based Einride is commercializing an autonomous, electric freight hauler called the T-Pod (pictured) that weighs 26 metric tons and looks radically different from the traditional …

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Flaw in D-Link routers opens the door to hackers but company won’t do anything

Routers from Taiwanese firm D-Link Corp. have a serious vulnerability that can allow hackers to steal data, but in unexpected twist, the company is doing nothing to address it. The vulnerability was detailed by security researchers at Fortinet Inc. Oct. 3, after D-Link was informed of the issue in September. The vulnerability, known as CVE-2019-16920, starts with a …

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New alliance including IBM, McAfee launches to bring interoperability to cybersecurity products

A new cybersecurity alliance of 14 leading companies launched today with a pledge to bring interoperability and data-sharing across cybersecurity products The Open Cybersecurity Alliance consortium, founded under the OASIS open standards and open source group, includes a raft of companies: IBM Corp., McAfee LLC, Advanced Cyber Security Corp., Corsa Techology Inc., CyberArk Software Ltd., …

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Alteryx snaps up MIT-born machine learning startup Feature Labs

Analytics provider Alteryx Inc. today announced that it has acquired Feature Labs Inc., a startup using techniques developed at the Massachusetts Institute of Technology to simplify artificial intelligence development. The terms of the deal were not disclosed. The Feature Labs team will continue to operate out of its current Boston headquarters and its technology will …

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Alabama hospitals forced to close after ransomware attack

Three hospitals in Alabama were closed to all but critical patients Wednesday after a ransomware attack crippled their computer systems. The form of ransomware used in the attack on the hospitals, all run by a nonprofit firm called DCH Health System, is not currently known. “A criminal is limiting our ability to use our computer systems …

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Box debuts new security controls, other enhancements to workflow automation tools

Cloud storage company Box Inc. is using its annual BoxWorks conference as a launchpad for its new Box Shield as well as enhancements in Box Relay, helping users secure their most important data and collaborate more easily on various projects. First up today is Box Shield, which is an add-on service built into Box’s content management suite …

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Alfresco offers content/process management platform as a cloud-native service

Alfresco Software Inc. today is unveiling a cloud-native version of its Digital Business Platform that it will offer as a fully managed service. The maker of open-source enterprise content management and business process management services pitches its software as a way to create automated workflows involving multiple documents and users. It’s intended for jobs such …

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WANdisco LiveAnalytics enables data to be analyzed as it moves to the cloud

Data management company WANdisco Plc is debuting a new tool that makes it possible for organizations to analyze on-premises data while it’s being migrated to the cloud. WANdisco said its LiveAnalytics offering helps to ensure “uninterrupted business insights” as companies move data from on-premises environments such as Hadoop to cloud hosted analytics services such as …

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Cloud security firm Lacework raises $42M

Cyberecurity startup Lacework Inc. is looking to grow its business faster after securing $42 million in funding from Sutter Hill Ventures and Liberty Ventures and hiring cloud security veteran Andy Byron as its new president and chief revenue officer. The Series C round brings Lacework’s total amount raised to date to $74.7 million. Lacework focuses …

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