Enterprise

SpyCloud researchers recently reported that an overwhelming majority of cybersecurity leaders surveyed (81%)  believe their organization’s security is above average or exceptional. At the same time, 72% reported that their organization was affected by ransomware at least once within the past twelve months, with 18% reporting they were impacted more than six times in the
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Join gaming leaders online at GamesBeat Summit Next this upcoming November 9-10. Learn more about what comes next.  Invicti Security, an Austin, Texas-based company offering web app cybersecurity and data management services, today announced that it signed an agreement for a $625 million majority investment led by Summit Partners with participation from Turn/River Capital. Invicti
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Attacking health care cybersecurity with breaches and ransomware attempts is the big-game-hunting strategy of choice for cybercriminals in 2021. Bad actors, including ransomware gangs, admit health care providers are a soft target and the most willing to pay ransoms. Oh, and there’s another dark-business motivation: Personal health information (PHI) data is the most lucrative to
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Primer, a London-based payment automation platform for merchants, today announced that it raised $50 million in series B funding led by Iconiq Growth with participation from Accel, Balderton Capital, Seedcamp, Speedinvest, and RTP Global. The proceeds from the round, which value the company at $425 million, will be put toward international sales growth and product
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Join gaming leaders online at GamesBeat Summit Next this upcoming November 9-10. Learn more about what comes next.  IoT product provider Zyter has partnered with Juganu, a technology company providing solutions for the professional lighting market, to weave advanced lighting tech into smart cities. Zyter’s IoT platform breaks down information by integrating and consolidating data
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Join gaming leaders online at GamesBeat Summit Next this upcoming November 9-10. Learn more about what comes next.  Let the OSS Enterprise newsletter guide your open source journey! Sign up here. DeepMind, the AI lab owned by Google parent company Alphabet, today announced that it has acquired and released the MuJoCo simulator, making it freely available to researchers as a precompiled
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Israel- and Palo Alto, California-based Metrolink.ai, which is developing a platform for data management, today announced that it raised $22 million in a seed round led by Grove Ventures with participation from Eclipse Ventures. The company says that it’ll use the funds, which value Metrolink at $65 million post-money, to grow its R&D, marketing, and
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Record levels of ransomware, supply chain attacks, and breaches of various types are motivating organizations to prioritize “zero trust” security in 2021. Zero trust is a strategic initiative that helps prevent successful data breaches by eliminating the concept of trust from an organization’s network architecture. Zero trust is not about making a system trusted; it
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Open-source software (OSS) has won over the tech industry, a reality dramatically demonstrated by Microsoft’s evolution. When open source first emerged as a trend in 1998, Microsoft responded with hostility. By 2018, the company had changed directions completely and acquired GitHub, the leading platform for developing open source software. If you can’t beat ‘em, join
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If someone were to select three terms that represent the frontier of IT in 2021, they might choose: automation, automation, automation. Others might select user experience (UX), AI, edge computing, CloudOps workflows, or DevOps. They’re all legitimate, but the common denominator is automation because each relies to some extent on automated processes. One would think
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The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! AI-powered relevance platform Coveo today announced that it acquired Qubit, a leader in AI-powered personalization technology for merchandising teams. The acquisition expands Coveo’s ability to use AI to power engaging experiences across commerce, service, support, and digital workplace solutions, and
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Elastic has announced plans to acquire Optimyze, the company behind the continuous profiling platform Prodfiler. Terms of the deal were not disclosed. The news follows less than two months after Elastic, the company behind the Elasticsearch big data analytics and search engine, acquired two cloud security companies called Cmd and Build.Security. With Optimyze under its
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Presented by Field Effect Hybrid work environments create new cyber risks, no matter the size of your business — especially with a spike in cybercrime. Join this VB Live event to learn about the new risks, and how to effectively protect your networks, cloud services, and endpoints. Reserve your spot here for free. The pandemic proved that a hybrid work environment is a tremendous boost for employee wellness and productivity — but it’s also
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Join gaming leaders online at GamesBeat Summit Next this upcoming November 9-10. Learn more about what comes next.  AiDash, a company using satellite imagery and AI to monitor infrastructure, today announced that it raised $27 million in series B funding led by G2 Venture Partners, with BGV, National Grid Partners, and additional strategic investors participating.
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NewtonX market research revealed this week that 56% of organizations surveyed subcontract as much as 25% of their cybersecurity work. In the study, more than 100 chief information security officers, CTOs, and other senior decision-makers indicated a trend toward subcontracting one of the most critical roles continually facing enterprise professionals. “[Chief information security officers] and
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The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! The low-code/no-code revolution enables exponentially quicker turnaround times in the development of software applications and accelerating business outcomes. At VB’s Low-Code/No-Code Summit, those advantages were on display. Leaders from Randstad and Pulpstream joined VB for a session called, “How the
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The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! Responding to cyberattacks takes the average company 20.9 hours, equating to over two working days. That’s according to a new report from Deep Instinct, which found that 86% of security professionals don’t have confidence that their fellow employees won’t click
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The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! Enterprises have on average 29 security monitoring tools in place, complicating security operations center (SOC) efforts to prioritize alerts and manage cyber risk effectively. Those defending organizations with more than 10,000 employees typically have around 46 such tools, many of
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The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! Facebook has quietly acquired AI.Reverie, a New York-based startup creating synthetic data to train machine learning models, VentureBeat has learned. In an apparent nod to the HBO show Westworld, where visitors to a theme park encounter hordes of artificially intelligent
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Join gaming leaders online at GamesBeat Summit Next this upcoming November 9-10. Learn more about what comes next.  Today, Microsoft announced that Microsoft Translator, its AI-powered text translation service, now supports more than 100 different languages and dialects. With the addition of 12 new languages including Georgian, Macedonian, Tibetan, and Uyghur, Microsoft claims that Translator
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The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! As widespread as they may seem, Maja Shaefer thinks AI-powered customer service chatbots are underrated. That’s because for many enterprise technology decision-makers, she says, chatbots lost their luster years ago when companies tried implementing them before the underlying artificial intelligence
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The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! Four in five (79%) retailers have little or no personalization or recommendation functionality on their commerce site, and only 26% noted the use of AI to optimize search results’ relevance. Algolia, which makes an API platform for search and dynamic
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