Heartbleed an ‘existential threat to Internet’ – experts


Over a week since the Heartbleed bug was revealed to the world millions of web users are still at risk of serious identity thefts. This week it was announced that up to 50 million Android smartphones were vulnerable, while Heartbleed-enabled hacks hit U.K. parenting site Mumsnet, and the Canadian tax authority. Heartbleed is a loophole in the … [Read more...]

Dropbox makes two acquisitions – Investment Round Up

Money Sign

Series A According to TechCrunch, San Mateo-based marketing performance management company Beckon has secured $8 million in a Series A round. August Capital and Canaan Partners invested. The company confirmed in a blog post that it had gained $10 million in total funding so far. El Dorado Ventures is also listed as an investor in Beckon on its … [Read more...]

Campaign Monitor secures $250m – Investment Round Up

Money Sign

Series A Sammamish, Washington-based OwnZones Media Network has gained $5.9 million in a Series A investment round. OwnZones leverages content aggregation and works with companies such as Reuters and The Guardian. The company debuted this past November. Dublin biotech Heart Metabolics Limited has realized a $20 million Series A investment. Seroba … [Read more...]

Squarespace raises $40m – Investment Round Up

Money Sign

Series A KeyMe, which helps people keep, distribute and copy real keys via digital technology, has gained $7.8 million in a Series A funding round. White Star Capital, Battery Ventures, Ravin Gandhi and 7-Ventures LLC were among the investors. The locksmith industry stands at $5 billion per year, according to a press release. Alviso, CA-based … [Read more...]

Turkey’s hackers to continue disruption despite lifting of Twitter ban

Turkey's hacking community will continue its quest of online disruption despite the country's constitutional court lifting a controversial ban on Twitter. The embargo was deemed unlawful on April 3 but a block on video-sharing site YouTube remains. RedHack, an Anonymous-affiliated group, tells Red Herring that its online protest will continue to … [Read more...]

Zebra to acquire Motorola Enterprise business – Investment Round Up

Money Sign

Series A Gene-therapy startup AAVLife has raised $12 million in a Series A funding round led by Versant Ventures. Inserm Transfert Initiative contributed to the investment. The Paris-based company concentrates on rare diseases. Car buying and selling company Beepi has gained $5 million in its second round of funding, its Series A. Jeff Brody of … [Read more...]

NatureBox Inc. raises $18m – Investment Round Up

Money Sign

Series A Storefront, a San Francisco-based online marketplace enabling merchants to discover locations, has gained $7.3 million in a Series A funding round led by Spark Capital. The company is also debuting in Los Angeles. Storefront had previously raised $1.6 million in seed funding. Mohr Davidow Ventures, 500 Startups, Great Oaks Venture … [Read more...]

Red Herring CEO Alex Vieux tells Europe: Go West


Alex Vieux, founder and CEO of Red Herring, has urged European entrepreneurs to seek investment and clients outside the continent - while praising the resilience of the European tech industry. Vieux, speaking at the Red Herring Top 100 Europe event in Amsterdam, said that the continent is "at an inflection point," citing an increased amount of … [Read more...]

WattPad raises $46m – Investment Round Up

Money Sign

Series A Closely, a mobile-first marketing technology company, has secured $3 million in Series A funding. The round was led by Grotech Ventures and Steadfast Venture Capital and CNF Investments also participated. The funds will be used to build out the company’s SMB platform and expand its support for small businesses in North America, according … [Read more...]

Twitter makes Cover acquisition – Investment Round Up

Money Sign

Seed funding Wellframe, which aims to connect healthcare providers and patients after they have returned home, has announced $1.5 million in seed funding. Investors include Athenahealth chief executive Jonathan Bush, Draper Fisher Jurvetson’s Tim Draper, Fidelity Biosciences venture partner Carl Byers and Leering Capital founder James Nahirny, … [Read more...]