Japanese-founded online authorisation startup Authlete has been operational in Europe since September 2016, which is when it established an office in London headed by the company’s co-founder Ali Adnan. Born and raised in a Pakistani family in Japan, Ali has co-founded a number of companies since 1999, most of which ended up being acquired by the likes of Samsung or the major Japanese music content provider Music.jp.
NortonLifeLock, the publicly-listed cybersecurity software giant, has acquired its German rival Avira for approx. $360 million in cash from Investcorp Technology Partners. Investcorp had acquired Avira earlier this year for half that price (or $180 million). Before that, Avira had never raised money from any institutional investors. Headquartered in Tettnang, Germany and effectively founded back […]
October is European Cybersecurity Month, the EU’s annual campaign to promote awareness of the risks that arise from the use of new technologies. Cybersecurity isn’t critical just for big players, but small businesses are equally (if not even more!) affected. Tech.eu leads the communications efforts of an EU innovation project GEIGER that addresses cybersecurity challenges […]
On the back of raising $200 million, UK-based software scale-up Snyk is today announcing its acquisition of DeepCode, a Swiss provider of real-time semantic code analysis powered by AI. By acquiring ETH Zurich spin-off DeepCode and its technology, Snyk aims to boost both the speed and overall intelligence of its ‘developer-first’ security platform, using integrated […]
Editor’s note: This is a sponsored article, which means it is independently written by our editorial team but financially supported by another organisation, in this case, Kaspersky. If you would like to learn more about sponsored posts on Tech.eu, read this and contact us if you are interested in partnering with us. Leading international cybersecurity company Kaspersky is […]
Much like radioactivity, cyber threats are hard to detect without proper tools. There are plenty of tools available, but they don’t match the needs of small businesses with no expertise and resources to invest in costly and complicated solutions. GEIGER aims at closing this gap. GEIGER is a new EU Horizon 2020 innovation project. Its […]
Israeli-born startup Aqua Security, which provides security solutions for app infrastructure, has landed $30 million in a funding round led by Greenspring Associates. Aqua’s existing investors – Insight Partners, Lightspeed Venture Partners, and TLV Partners, — also participated in the deal, which brings the total amount raised by Aqua to $130 million. The company explains […]