Investment
Ransomware attacks on Hospitals make France President allot €1 billion
After two of the hospitals were badly hit by ransomware attacks last week, the France President Emmanuel Macron took the pledge of allotting €1 billion to bolster the National Cybersecurity Strategy. Speaking briefly to the media after the announcement of the investment, Macron said that attacks on healthcare facilities have shown how vulnerable the infrastructure […]
Intel invests in Cloud Security and data storage startups
Intel Capital, a business arm of Intel Corporation has made it official that it is investing in startups called Fortanix and Pliops to strengthen and secure its standing in Cloud Computing and Security fields. CyberSecurity Insiders has learned that Intel will be investing around $23 million in raising the funding of Fortanix to $31 million […]
SOFTBANK LEADS $16.5 MILLION STRATEGIC INVESTMENT IN DOME9 SECURITY
This post was originally published here by Suda Srinivasan. Dome9 Security, the leader in cloud infrastructure security, today announced the close of $16.5 million in Series C funding, led by a new investor, SoftBank Corp. (“SoftBank”), a subsidiary of SoftBank Group Corp. (TOKYO: 9984). Existing investors also participated in this round, bringing the total funding in Dome9 to […]
Chinese investment in cyber security startups worries Pentagon
The United States Department of Defense, shortly known as Pentagon is extremely worried about growing investments from Chinese firms on startups related to cyber security and military defense. As per a New York Times reports, firms based in China are showing a lot of enthusiasm in investing in American startups, which includes rocket engine manufacturers, […]
