Secret Double Octopus nabs $6M for a stronger, easier alternative to regular 2FA
Israel is home to around 450 active startups in the field of cybersecurity, according to a recent report in Reuters. Now, the one with perhaps the most distinctive name of them all is announcing some funding for a novel approach to authentication. Secret Double Octopus — which borrows a concept from the world of nuclear launch codes to build extra-secure, but simple, keyless… Read More Continue reading Secret Double Octopus nabs $6M for a stronger, easier alternative to regular 2FA
Illusive Networks, a cybersecurity startup based out of Israel that protects networks by building “deception” frameworks to identify and trap malicious hackers, is today announcing that it has added Microsoft Ventures — the software giant’s young investment arm — as its newest strategic investor. In keeping with the its name and purpose in this world, Illusive…
The rise in on-demand services from the likes of Uber, Lyft and Postmates is fuelling a new workforce of freelancers in the service industry who are not tied to single places of employment and can work hours that are more suitable to them. Now a similar kind of flexibility is finding its way into the world of hourly work, too. Shiftgig — a startup that has built a mobile platform…
As consumers have shifted to the web to order and pay for services like broadband and insurance, price comparison sites have become one of the main ways that they search for the best deals to cover what they need. Today, one of the bigger companies in the space in Europe, CompareEuropeGroup, announced it has raised €20 million ($21 million) to expand and move ahead of the pack. The…
The world of mobile payments continues to consolidate and mature, and today one of the leading players among European mobile payments startups has raised a significant round of money to help keep itself on top. iZettle, the Swedish company that offers a card reader that works with your smartphone or tablet, plus a suite of financial services for the small businesses, is announcing that it…
Symphony, a secure messaging service backed and used by 14 of the biggest banks on Wall Street, is raising up to $200 million in a new round of funding with a pre-money valuation over $1 billion, TechCrunch has learned. The funding will come from existing investors, along with a new backer, the government of Singapore via its investment arm (which includes Temasek and GIC). Symphony has…
Slack, the workplace collaboration platform with 1.25 million paying users and 4 million overall, is adding one more key feature to its artillery of tools for people to communicate with each other, and it’s one that could help it pick up even more users away from other services like Skype and gmail: it’s adding video calling, the audiovisual complement to the audio chat…
Sigfox, the IoT company based out of France that is building a dedicated, global network to connect, monitor and control devices like smart home alarms, machinery, refrigerators and city streetlights, today confirmed that has closed its latest round of funding, a Series E round of €150 million ($160 million). We broke the news of this round in October, noting it was likely to be…