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Synack Brings First Hacker-Powered Intelligence Platform to Masses Backed by Microsoft, HPE and Singtel

Synack, Inc. (“Synack”), the first hacker-powered intelligence platform, today announced it raised $21.25 million in a Series C round of funding led by Microsoft Ventures. The financing also included participation from new investors Hewlett Packard Enterprise (“HPE”) and Singtel Innov8 (the Corporate Venture Arm of the Singtel Group). This financing brings Synack’s total funding to over $55 million. The new investment included participation from current Synack investors, including GGV Capital, Icon Ventures, GV (formerly Google Ventures) and Kleiner Perkins Caufield & Byers, and will be used to further develop the Synack Platform, scale adoption across the U.S. and Europe, enter Asia Pacific (APAC), and continue to recruit and invest in the most skilled hackers in the world.

Business Insider

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VentureBeat

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04.13.17

news

Exabeam Awarded 5-Star Rating in CRN’s 2017 Partner Program Guide

Exabeam, a leader in security intelligence solutions, announced today that CRN®, a brand of The Channel Company, has given Exabeam a 5-Star rating in its 2017 Partner Program Guide. This annual guide is the definitive listing of partner programs from technology vendors that provide products and services through the IT channel. The 5-Star Partner Program Guide rating recognizes an elite subset of companies that offer solution providers the best partnering elements in their channel programs.

To determine the 2017 5-Star ratings, The Channel Company’s research team assessed each vendor’s partner program based on investments in program offerings, partner profitability, partner training, education and support, marketing programs and resources, sales support and communication.

04.12.17

CNN

Why the Pentagon wants people to hack it

On James Mattis’ first day as Defense Secretary, he learned about bugs. A hacking team had discovered critical flaws in a tool the Defense Department uses to transfer computer files.

The team was part of a bug bounty program — expert hackers who are paid to find vulnerabilities in corporations or government agencies.

Pete Yaworski is one of 80 “white hat” hackers around the world who helped identify security issues in two of the DoD’s internal systems. The 32-year-old Canadian was on the DISCREET team at Synack, a security firm with a $4 million dollar contract to hack the Pentagon.

During the three-month project that ended in February, Yaworski and Synack’s team of hackers dove into critical systems to find vulnerabilities that could impact military missions overseas. Once the hacking began, it took just four hours to find important errors.

04.11.17

news

Synack Brings First Hacker-Powered Intelligence Platform to Masses Backed by Microsoft, HPE and Singtel

Synack, Inc. (“Synack”), the first hacker-powered intelligence platform, today announced it raised $21.25 million in a Series C round of funding led by Microsoft Ventures. The financing also included participation from new investors Hewlett Packard Enterprise (“HPE”) and Singtel Innov8 (the Corporate Venture Arm of the Singtel Group). This financing brings Synack’s total funding to over $55 million.

The new investment included participation from current Synack investors, including GGV Capital, Icon Ventures, GV (formerly Google Ventures) and Kleiner Perkins Caufield & Byers, and will be used to further develop the Synack Platform, scale adoption across the U.S. and Europe, enter Asia Pacific (APAC), and continue to recruit and invest in the most skilled hackers in the world.

03.23.17

news

Devicescape Engage Brings Wi-Fi Revenue Generation To Operators

Devicescape today announced a proximity marketing service which enables mobile operators to harness its huge Curated Virtual Network (CVN) of shared Wi-Fi to drive direct, incremental revenues.

Devicescape Engage employs the CVN to establish consumers’ presence in popular and high-footfall destinations and trigger the delivery of targeted engagement messages to their smartphones.

03.22.17

news

Delphix Reports Strong Growth in 2016, Fast Becoming the Data Platform for Transformation with the World’s Biggest Brands

Over one-third of Fortune 100 companies rely on Delphix as the data platform of choice to accelerate time to market initiatives involving application development, cloud migration and data governance

Delphix, the world’s leading dynamic data platform, reported strong results for its fiscal year 2017 with roughly $80 million in annual recurring revenue, securing a customer portfolio across top global brands. Delphix is fundamentally changing the dynamics of how companies manage and consume data as they survive – and thrive – in the digital economy.

03.10.17

news

RedSeal CEO Ray Rothrock Says Academic Incubators Help Hone Great Ideas and Leaders at SXSW Panel

Today RedSeal (www.redseal.net) CEO Ray Rothrock joined Michael K. Young, President of Texas A&M University, and Jodi Goldstein, Managing Director of the Harvard Innovation Lab at Harvard University, for a panel discussion on academic incubators at South by Southwest (SXSW).

Rothrock, a former managing partner at Venrock, the investment arm of the Rockefeller family, shared his experience working with the academic incubator Harvard Innovation Lab. Rothrock held office hours at Harvard’s iLab, and met with students from Harvard College, Harvard Business School, and the Massachusetts Institute of Technology. He listened to ideas, made some investments, assisted students with business plans and pitches, and even connected students with other investors who might have an interest in their business ideas.

03.1.17

news

Teladoc Announces Full-Year and Fourth Quarter 2016 Results

2016 Revenue of $123.2 million, growth of 59%
4Q 2016 Revenue of $37.4 million, growth of 65%
Total Membership of 17.5 million, growth of 43%
2016 Visits of 952,081, growth of 65%; 4Q 2016 Visits of 310,467, growth of 68%

Teladoc, Inc. (NYSE: TDOC), the undisputed leader in telehealth, providing access to care for millions, today announced results for the full-year and fourth-quarter ended December 31, 2016.

“In 2016, we executed on our key financial and strategic objectives, while strengthening our product portfolio to drive further consumer engagement and the overall inflection point in telehealth adoption,” said Jason Gorevic, chief executive officer of Teladoc. “Looking to 2017, we remain focused on our long-term growth levers, which will deliver continued progress towards our previously stated 2017 financial targets.”

02.20.17

news

Exabeam Wins Excellence Award for Best Emerging Technology at 2017 SC Magazine Awards

This award win comes on the heels of continued innovation for Exabeam with its recently launched Security Intelligence Platform, an analytics-led solution for data collection, threat detection, and automated incident response.

02.13.17

news

Armanino Cuts Bill Pay Process Time For Their Clients with Bill.com

Bill.com announced today that the Outsourced Finance & Accounting practice group of Armanino LLP, the largest independent accounting and business consulting firm based in California, has used Bill.com to introduce more efficiency into its clients’ accounts payable process.

Bill.com, the leading company creating magically simple business payments, has helped the firm reduce the time needed for bill pay each year by the equivalent of 9.6 work weeks. With the move to paperless bill pay with Bill.com, Armanino also saves its clients additional costs by eliminating supplies such as check stock, envelopes, printing cartridges and postage.

“As a firm, we are focused on introducing technology to improve efficiencies for our clients. Bill.com has helped on both fronts. Before using Bill.com, Armanino’s accountants spent an average time of 15 minutes per bill to complete the accounts payable process. The complete process included setting up vendors, processing the bills, printing and mailing the checks and responding to client and vendor questions. Using Bill.com, we reduced that time by an average of 30% or closer to 10 minutes per bill,” said David Miller, CPA, director of Armanino’s Outsourced Finance & Accounting department.

02.12.17

Bloomberg

Pentagon Hires Hackers to Target Sensitive Internal Systems

The Pentagon is paying hackers to test its key internal systems for vulnerabilities — and they are finding weaknesses faster than expected.

In a pilot project this past month, the Pentagon’s Defense Digital Service let about 80 security researchers into a simulated “file transfer mechanism” the department depends on to send sensitive e-mails, documents and images between networks, including classified ones. The effort was important enough that staff for new Defense Secretary James Mattis were briefed on the ongoing program his first day on the job.

Lisa Wiswell, whose title at DDS is “bureaucracy hacker,” said she told Pentagon cyber analysts to be on standby after the program started Jan. 11, but added that nothing would likely turn up for a week. Within hours, though, the first report from a hacker highlighting a risk arrived.

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