There are numerous potential threats to Internet security: lone-wolf hackers, state-sponsored cyber attacks, or identity and data theft, for example. But one of the most difficult cybersecurity challenges to identify and prevent are the Edward Snowdens — the players already inside an organization who are looking to steal or share sensitive information.
Today, Cambridge-based Sqrrl, which uses data analytics to fight Internet security threats, including from those known as 'determined insiders' like Snowden, announced that it has raised $7.1 million in new funding. Read MoreMuseum, meet CuseumArt tech startup Cuseum, formerly Spotzer, raises $1.2 million in seed funding
MineralTree, a Cambridge-based accounts payable and automated payments company, announced today that it has received $11.1 million in new funding from a group of investors that includes Fidelity Growth Partners, .406 Ventures, and new investor First Data, an international payment technology and services company. Read More
So much happens in five years...
In 2010, I covered the initial funding of a Cambridge startup called Performable, which was out to help websites hold on to more of their visitors. In 2015, those same two entrepreneurs are collecting capital for a new idea, Driftt, from the same venture capital firm that initially backed Performable, CRV. Between 2010 and 2015, they got acquired by HubSpot for $20 million, helped that company rebuild its digital marketing product and grow its software development team, and left in September 2014, just before HubSpot's IPO.
A few years ago, an organization called Young Startup Ventures would show up in the Boston-area and run an event called the New England Venture Summit, promising access to some of the most important and financially connected venture capitalists in the area and charging naive entrepreneurs between $495 and $795 for the access. Read More
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