Icon News

The latest from inside Icon and our portfolio companies.

news

Ionic Security Secures $45 Million Growth Round

Amazon.com Inc., Goldman Sachs and Hayman Capital Join Impressive List of Equityholders Ionic Security Inc., a pioneer of high-assurance data protection and control, announced today that it has raised US$45 million in a growth round of funding and welcomed Amazon.com Inc., Goldman Sachs (NYSE: GS) and Hayman Capital as equity holders. This growth round brings the total funding to date for Ionic to US$122 million. Existing investors, including GV (formerly Google Ventures), Icon Ventures, Kleiner Perkins Caufield & Byers, Meritech Capital Partners, and Tech Operators also participated in the round. Goldman is an early Ionic platform adopter and was one of the company’s first customers. Funds will be used to accelerate the global adoption of the Ionic platform beyond the Fortune 100.

Marketwired

The Muse Raises $16 Million to Expand Career Ecosystem for Employers and Candidates

VentureBeat

2016: The year VC investors return to capital efficiency

08.31.16

CNBC

RedSeal CEO: Navigating The Security Landscape | Mad Money | CNBC

From leaked Democratic National Committee emails to the NSA’s system breached . With more headlines about hackers these days, Jim Cramer spoke with Ray Rothrock, CEO of RedSeal a key player in the space, to see how its keeping you secure.

08.24.16

news

CloudPhysics Unveils Cost Calculator for Private Cloud with Public Cloud Comparison Tool

CloudPhysics, provider of data-driven insights for smarter IT, today introduced the Cost Calculator for Private Cloud with the Public Cloud Comparison tool. This data-driven solution automates the process of determining the accurate costs of a customer’s currently resourced on-premises Virtual Machines (VMs). Customers can compare those amounts to the costs for the same VMs if they were migrated to a public cloud.

The Cost Calculator for Private Cloud allows the customer to rightsize VMs by comparing a VM’s current resources, such as CPU and storage, with the amount the VM actually requires to perform its functions. Because many VMs are overprovisioned with resources, rightsizing helps a customer save costs per workload, whether on-premises or in the cloud. By rightsizing workloads, customers are assured that VM provisioning fits actual usage.

08.23.16

news

Huddle Strengthens Security for External Collaboration

Huddle, the leader in secure collaboration tools for enterprise and government, today announced general availability of the Unified Authentication Portal. Account managers can now apply authentication and security policies such as Single Sign On (SSO) across Huddle’s web, desktop and mobile apps in one step, simplifying the process of keeping content secure. Coupled with more granular permissions control and additional mobile security features, enterprises now have even greater control over internal and external access to content in Huddle.

With the ever-increasing risk of data breaches, security has become paramount in today’s enterprise organization. This need is even more evident for professional services firms, who often handle large volumes of extremely sensitive client data, or work on projects with clients or partners outside of the organization. Huddle’s 2016 global survey of professional services firms identified robust data security as a crucial factor for winning new business, with 12 percent of firms citing data breaches as a specific and direct cause of client losses.

08.12.16

news

CloudPhysics Named to CRN’s 2016 Emerging Vendors List

CloudPhysics, provider of data-driven insights for smarter IT, today announced that CRN®, a brand of The Channel Company, has recognized CloudPhysics on its 2016 Emerging Vendors list. CloudPhysics was selected for its SaaS-based IT analytics solution that leverages big data science to continually view and analyze virtual infrastructures, yielding granular intelligence and rich, actionable insights that optimize performance, lower costs, reduce risk, and enable smarter business decisions.

“CloudPhysics addresses the challenges IT operations administrators face in managing their virtual infrastructures. We deliver unprecedented deep insight and control to diagnose, troubleshoot, and remediate potential problems,” said Jeff Hausman, CEO, CloudPhysics. “We leverage our value to Channel Partners through the Partner Edition, which enables channel, MSP and vendor partners to apply data-driven analytics to engage productively with their customers and achieve successful outcomes. Our recognition as a CRN Emerging Vendor is testament to our ongoing efforts and will only fuel our mission to continue providing data-driven insights to the industry.”

08.12.16

Fortune

How Hackers Plan Attacks and Hide Their Tracks

A report exposes attackers’ shadowy tactics.

Oftentimes, priority no. 1 for a hacker preparing to launch a cyberattack is finding a suitable launchpad. The goal: to obfuscate the origin of an attack.

To mask themselves, attackers generally compromise computer servers and networks operated by other organizations. These nodes then serve as unwitting springboards for further electronic assaults.

“The important thing is to recognize how an attacker works,” Oren Falkowitz, co-founder and CEO of Area 1 Security, a cybersecurity startup based in Redwood City, Calif., tells Fortune. “Consistently, what they’re doing is setting up shadow infrastructure—what we describe as relays or proxies.”

08.11.16

news

TuneIn Announces Partnership with Red Bull Music Academy

TuneIn, the world’s largest audio network, today announced a groundbreaking partnership with Red Bull Music Academy that brings its newly relaunched streaming platform, RBMA Radio, to TuneIn’s millions of monthly active users.

TuneIn’s formidable reach and innovative listener targeting complements the cutting-edge music programming that Red Bull Music Academy has brought to the industry for nearly two decades. The partnership works to build a lasting audience for lovers of exclusive music, live performances, and in-depth conversations with artists from around the world.

“Red Bull Music Academy’s dedication to artist development through surfacing emerging genres and global music scenes is unmatched,” said Charles Raggio, Senior Director of Artist Partnerships and Branded Content for TuneIn. “We strategized this partnership with their teams over the course of a year and could not be more excited to help distribute RBMA Radio and it’s world-class music and culture content to TuneIn’s audience.”

08.10.16

news

PLAYSTUDIOS Acquires Scene53 and Launches POP! Slots

PLAYSTUDIOS, a developer of award-winning, free-to-play casino games that offer real-world rewards, today announced that it has acquired Scene53, an Israel-based game studio specializing in real-time, multi-player mobile games. The two companies jointly developed the newest PLAYSTUDIOS mobile app, POP! Slots. The game allows players to play in groups, share jackpots, and interact with friends as they explore virtual versions of iconic Las Vegas resorts. The initial release features MGM Grand, the Mirage, and Excalibur, with additional resorts soon to be added. POP! Slots is now available world-wide for Apple and Android mobile devices and is already earning 5-star reviews as it climbs to the top of the app store charts.

After working with Scene53 to create and launch POP! Slots, PLAYSTUDIOS moved to acquire the company and establish it as an independently operated studio, PLAYSTUDIOS Israel (PSI). The Tel Aviv team will now focus on growing the POP! Slots product while pursuing new opportunities in the casual, free-to-play casino category.

08.4.16

news

Sencha and Speedment Partner to Revolutionize Enterprise Web Application Performance

Sencha, the company providing a unified platform for designing, developing and testing cross-platform web applications, announced a new partnership with Speedment, a leading provider of database acceleration software, to dramatically improve the performance of data-intensive web applications. Under the partnership, organizations can take advantage of Ext JS, the most comprehensive JavaScript platform for building data-intensive, cross-platform web applications, and Ext Speeder from Speedment, a tool that reduces time to market for Ext JS projects, while significantly improving application responsiveness. Integrating Ext Speeder and Ext JS results in blazingly fast data queries that generate results up to 10 times faster than standard methods.

08.3.16

news

Teladoc Announces Second Quarter 2016 Results

Teladoc, Inc. (NYSE: TDOC), the first and largest telehealth platform in the United States, today announced results for its second quarter ended June 30, 2016.

“During the second quarter, we saw continued momentum across numerous dimensions of our business,” Jason Gorevic, chief executive officer of Teladoc, commented. “Visits exceeded our expectations, and for the 14th consecutive quarter, visit growth outpaced our membership growth, reinforcing our increasing utilization trends. Additionally, we are making progress toward our goal of EBITDA breakeven by the end of 2017, as we saw a $1.4 million sequential reduction in our second-quarter loss.”

08.1.16

news

Leading Chief Privacy Officer Hilary Wandall Joins TRUSTe as Demand Escalates for Global Privacy and Data Protection Solutions

TRUSTe, the leading Data Privacy Management company, announced today that Hilary Wandall, Associate Vice President, Compliance and Chief Privacy Officer at the global pharmaceutical company, Merck & Co. Inc., has joined TRUSTe as General Counsel and Chief Data Governance Officer. In this role, Hilary will use her extensive global privacy knowledge and operational experience to help TRUSTe further expand their market leading privacy technology and service offerings to support rising global compliance requirements and privacy risk management. She will be a member of the TRUSTe Executive Team and also direct strategic legal, regulatory and privacy related initiatives to help TRUSTe scale its internal business operations.

“Having worked with Hilary to deliver Merck’s Privacy Program and global automated Privacy Impact Assessment system through our Assessment Manager platform, I know she is a true thought leader in privacy risk management and commands the respect of privacy leaders around the world.” said TRUSTe CEO, Chris Babel. “We are thrilled to have her on the team to continue to drive TRUSTe’s evolution of market-leading privacy automation technology. Hilary’s appointment will ensure that TRUSTe remains at the forefront of regulatory and product developments on behalf of our global client-base at this critical time for the industry with the advent of the EU General Data Protection Regulation (GDPR) and potential for global privacy regulation interoperability.”

Building your collection...