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Vanta lands $40M to automate cybersecurity compliance

TechCrunch

Vanta , a security compliance automation startup, today announced that it raised $40 million in an extension of its Series B funding round that closed in June, which valued the company at $1.6 Cacioppo founded Vanta in 2016 to — in her words — “help companies achieve and maintain a strong security posture.”

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Axio lands $23M to help companies quantify cyber risk

TechCrunch

Axio , a platform for cybersecurity risk evaluation, today announced the closure of a $23 million Series B round led by Temasek’s ISTARI, with participation from investors NFP Ventures, IA Capital Group and former BP CEO Bob Dudley. Department of Energy. Image Credits: Axio.

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Where’s the ROI for AI? CIOs struggle to find it

CIO

The concern about calculating the ROI also rings true to Stuart King, CTO of cybersecurity consulting firm AnzenSage and developer of an AI-powered risk assessment tool for industrial facilities. CNH first unveiled an autonomous tractor concept in 2016. Most companies are simply playing with the novelty of AI still.”

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The HP-Autonomy lawsuit: Timeline of an M&A disaster

CIO

Lynch is among them, for “failure to meet agreed performance goals, including financial metrics.” December 2012: HP says it is cooperating with the Department of Justice, the Securities and Exchange Commission and the UK’s Serious Fraud Office in an investigation relating to Autonomy. November 2012: HP takes an $8.8 19, 2011, and Nov.

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Overhaul, which taps AI to secure physical supply chains, raises $73M in equity and debt

TechCrunch

Aiming to help overcome a few of the challenges, Barry Conlon and David Broe co-founded FreightWatch, a logistics security services company that they later sold to supply chain visibility platform Sensitech in 2012. One step toward those growth goals was Overhaul’s acquisition of SensiGuard security services from Sensitech in February.

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Salty, subterranean water could relieve world’s lithium shortage

TechCrunch

It started in January, when prices jumped to $37,000 per metric ton from $10,000 a month earlier, according to Benchmark Mineral Intelligence. Then it got worse in February, with spot prices rising to $52,000 per metric ton before rising again to $62,000 in March. Large companies of all stripes have been racing to secure supplies.

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Lessons from founders raising their first round in a bull market

TechCrunch

Mahendra Ramsinghani is the founder of Secure Octane Investments , investing in cloud infrastructure and security startups. His previous company, Uhana, launched in 2016, was backed by NEA and had been acquired by VMWare in three years. In 2016, total VC investments in the U.S. Mahendra Ramsinghani. Contributor.

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