Okta unveils $50M in-house venture capital fund
Okta Ventures wants to fund the next generation of identity, security and privacy startups. Continue reading Okta unveils $50M in-house venture capital fund
Category Archives: Andreessen Horowitz
Kong raises $43M Series C for its API platform
Kong, the open core API management and lifecycle management company previously known as Mashape, today announced that it has raised a $43 million Series C round led by Index Ventures. Previous investors Andreessen Horowitz and Charles River Ventures (CRV), as well as new investors GGV Capital and World Innovation Lab also participated. With this round, […] Continue reading Kong raises $43M Series C for its API platform
Databricks raises $250M at a $2.75B valuation for its analytics platform
Databricks, the company behind the Apache Spark big data analytics engine, today announced that it has raised a $250 million Series E round led by Andreessen Horowitz. Coatue Management, Microsoft and NEA, also participated in this round, which brings the company’s total funding to $498.5 million. Microsoft’s involvement here is probably a bit of a […] Continue reading Databricks raises $250M at a $2.75B valuation for its analytics platform
Anchorage emerges with $17M from a16z for ‘omnimetric’ crypto security
I’m not allowed to tell you exactly how Anchorage keeps rich institutions from being robbed of their cryptocurrency, but the off-the-record demo was damn impressive. Judging by the $17 million Series A this security startup raised last year led by Andreessen Horowitz and joined by Khosla Ventures, Max Levchin, Elad Gil, Mark McCombe of Blackrock, and […] Continue reading Anchorage emerges with $17M from a16z for ‘omnimetric’ crypto security
Meet Jennifer Tejada, the secret weapon of one of Silicon Valley’s fastest-growing enterprise software startups
PagerDuty, an eight-year-old, San Francisco-based company that sends companies information about their technology, doesn’t receive a fraction of the press that other fast-growing enterprise software companies receive. In fact, though it counts as customers heavyweight companies like Capital One, Spotify and Netflix; it employs 500 employees; and it has five offices around the world, it […] Continue reading Meet Jennifer Tejada, the secret weapon of one of Silicon Valley’s fastest-growing enterprise software startups
PagerDuty raises $90M to wake up more engineers in the middle of the night
PagerDuty, the popular service that helps businesses monitor their tech stacks, manage incidents and alert engineers when things go sideways, today announced that it has raised a $90 million Series D round at a valuation of $1.3 billion. With this, PagerDuty, which was founded in 2009, has now raised well over $170 million. The round […] Continue reading PagerDuty raises $90M to wake up more engineers in the middle of the night
Very Good Security raises $8.5 million to handle companies’ sensitive data
Companies today have to navigate a security and compliance maze to make sure that they’re storing customer data safely and not running afoul of any regulations. San Francisco startup Very Good Security (VGS) is trying to fix that problem by handling the data on behalf of businesses. VGS announced Tuesday that it raised $8.5 million in Series A funding. VGS collects its clients’ sensitive customer data — such as payment information or Social Security Numbers — and stores it in its own “vaults.” Whenever the data is required by customer application, VGS identifies it and switches it for “surrogate values” that have the same functionality. “Because VGS maintains multiple compliances and isolates customers from sensitive data, it enables businesses to quickly achieve regulatory compliance,” the company says. VGS says its solution gives companies piece of mind because it takes on the liability of maintaining secure storage systems — companies won’t […]
The post Very Good Security raises $8.5 million to handle companies’ sensitive data appeared first on Cyberscoop.
Continue reading Very Good Security raises $8.5 million to handle companies’ sensitive data
Very Good Security makes data ‘unhackable’ with $8.5M from Andreessen
“You can’t hack what isn’t there,” Very Good Security co-founder Mahmoud Abdelkader tells me. His startup assumes the liability of storing sensitive data for other companies, substituting dummy credit card or Social Security numbers for the real ones. Then when the data needs to be moved or operated on, VGS injects the original info without […] Continue reading Very Good Security makes data ‘unhackable’ with $8.5M from Andreessen
Google partners with VCs to host its own machine learning startup competition
On the heels of acquiring data science community Kaggle, Google is launching a machine learning competition of its own for startups. Google is targeting early-stage companies taking an innovative approach to machine learning. The competition is b… Continue reading Google partners with VCs to host its own machine learning startup competition