VC funding of cybersecurity companies hits record $5.3B in 2018

2018 wasn’t all bad. It turned out to be a record year for venture capital firms investing in cybersecurity companies. According to new data out by Strategic Cyber Ventures, a cybersecurity-focused investment firm with a portfolio of four cybersecurity companies, more than $5.3 billion was funneled into companies focused on protecting networks, systems and data across […]

Redpoint Ventures is raising another $400M to invest in Chinese companies

Redpoint Ventures is doubling down on China. The firm, headquartered in Menlo Park, has filed documents with the U.S. Securities and Exchange Commission to raise $400 million across two new China-focused funds. The firm has set a $300 million target for its second flagship China fund, a significant increase from the $180 million it garnered […]

Pro.com raises $33M for its home improvement platform

Pro.com is basically a general contractor for the age of Uber and Prime Now. While the company started out as a marketplace for hiring home improvement professionals, it has now morphed into a general contractor and serves Denver, Phoenix San Francisco, San Jose and Seattle. Today, Pro.com announced that it has raised a $33 million […]

Flutterwave and Visa launch African consumer payment service GetBarter

Jake Bright Contributor More posts by this contributor Harley Davidson reveals more about its push into electric vehicles Venture capital, global expansion, blockchain and drones characterize African tech in 2018 Fintech startup Flutterwave has partnered with Visa to launch a consumer payment product for Africa called GetBarter. The app based offering is aimed at facilitating personal and small […]

Defendants Charged in Alleged Scheme to Hack SEC Filing System, Steal Financial Info

Photo: Andrew Harnik (AP) U.S. authorities have charged “a suspected Ukrainian computer hacker and several traders” with attempting to cash in on “market-moving corporate earnings news” stolen from Securities and Exchange Commission systems, Reuters reported on Tuesday. There are 10 defendants charged, two of whom are facing criminal charges, Reuters wrote. The incident in question […]