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Spin Technology raises $16M to protect SaaS apps against attacks

TechCrunch

Spin Technology , a data protection software vendor catering to enterprise clientele, today announced that it raised $16 million in a Series A round led by Blueprint Equity with participation from Santa Barbara Venture Partners and Blu Venture Investors. Seeking to tackle the problem, Dontov co-founded Palo Alto-based Spin in 2017.

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An expanded attack surface: The cybersecurity challenges of managing a hybrid workforce

CIO

We’re connected through our phones, the printer, our cars, fridges, fish tanks – and any connection can be an issue. It means we need security across all devices; in the office, at home, anywhere and everywhere your people are connected,” says Johnstone. The other key aspect is implementing zero trust networking.

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How CIOs use AI to elevate CX services

CIO

IT industry researchers believe the biggest impact of gen AI this year will be in customer experience (CX), with organizations using vast amounts of data to communicate with consumers and resolve problems faster. Her firm’s recently released Data Maturity Index suggests many organizations suffer from an AI-induced paralysis.

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10 emerging innovations that could redefine IT

CIO

But now many are recognizing that data may be used in different ways and maybe access needs to be more regulated. The biggest worries are coming from websites that recognize how their data may be used to train AI models. Some are afraid that the models built from scraping their site will misuse or misunderstand the data.

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Why CIOs back API governance to avoid tech sprawl

CIO

Carter Busse, CIO of no-code enabled automation platform company Workato, adds that APIs are now important connective tissue to integrate and interact with large language models (LLMs) within business processes. “If Ajay Sabhlok, CIO and CDO at zero trust data security company Rubrik, Inc.,

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A Growing List Of Unicorns Haven’t Raised Funding For 3-Plus Years

Crunchbase News

Startups — much like cars — can usually go only so long before needing to refuel. unicorns, it’s been more than three years since their last fundraise, an analysis of Crunchbase data shows. unicorns, it’s been more than three years since their last fundraise, an analysis of Crunchbase data shows. How long, of course, will vary.

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Daily Crunch: Plaid product updates signal push to ‘own’ more of the account funding process

TechCrunch

It’s Wednesday, May 18, 2022, and we are hanging out at our Mobility event, ogling cars that fly, drive themselves and have various identity crises. Plaid is providing new tools so users can share data more securely via its platform. This follows the Financial Connections offering from some weeks ago. Haje and Christine.