Tue.Dec 19, 2023

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SourceLink Affiliate Quarterly Conversation – December 2023

Source Link

It’s a wrap, 2023! 2023 proved to be a productive year with an impressive list of accomplishments.

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SimSpace raises $45M to simulate tech stacks for cyber training

TechCrunch

SimSpace, a startup that creates digital replicas of organizations’ tech and networking stacks for cybersecurity training, has raised $45 million in a funding round led by L2 Point Management. Bringing the company’s total raised to $70 million, the investment comes at an auspicious time for SimSpace, which had been entirely bootstrapped until about two years […] © 2023 TechCrunch.

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European Investment Bank Invests in Amicus Capital to Boost Tech Adoption in Indian Startups

AsiaTechDaily

The European Investment Bank (EIB) Global has committed to investing up to $40 million in the private equity fund Amicus Capital Partners Fund II, focusing on supporting small and medium-sized enterprises (SMEs) across various sectors in India. Kris Peeters, Vice-President of the EIB, and Mahesh Parasuraman, Partner and Co-founder of Amicus Capital, officially announced the […] The post European Investment Bank Invests in Amicus Capital to Boost Tech Adoption in Indian Startups first appeared o

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ShareChat faces large valuation cut in new funding

TechCrunch

ShareChat is in final stages of deliberations to secure about $50 million in new funding that trims the startup’s valuation to below $1.5 billion, according to two sources familiar with the matter. Existing backers including Temasek and Tencent are among the investors in advanced stages of talks to invest in the new round, the sources […] © 2023 TechCrunch.

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Navigating the Future: Generative AI, Application Analytics, and Data

Generative AI is upending the way product developers & end-users alike are interacting with data. Despite the potential of AI, many are left with questions about the future of product development: How will AI impact my business and contribute to its success? What can product managers and developers expect in the future with the widespread adoption of AI?

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Startups: Stop Waiting for the Return of 2021 and Get Real

Entrepreneur's Handbook

Early-stage investments are way down in 2023. What you need to do if you want investment.

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NJEDA Board Approves Creation of the Atlantic City Revitalization Grant Program

American Entrepreneurship

Over $19 Million will Support Capital Projects to Improve Local Neighborhoods TRENTON, N.J. (December 14, 2023) – The New Jersey Economic Development Authority (NJEDA) Board today approved the creation of the Atlantic City Revitalization Grant Program. The $19,650,000 pilot program will utilize American Rescue Plan (ARP) State and Local Fiscal Recovery Funds (SLFRF) to fund capital projects in Atlantic City, ensuring that local neighborhoods are directly supported.

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RFP | Black Wall Street Forward Marketing & Communications + Public Relations

Forward Cities

Project Summary Black Wall Street Forward (BWSF) is an action-based learning network with a goal of reimagining the vibrancy and economic impact of Black-centric business support networks across North Carolina. The Black Wall Street Forward initiative is modeled on the pillars that made Durham's original Black Wall Street successful, and aims to continue the legacy of this vibrant work by supporting and catalyzing local leaders, Black business owners, and champions.

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NJEDA Board Awards $3M in Grants to Support Public Space Activation in Atlantic City & Newark

American Entrepreneurship

$10M A.R.T. program aims to bring businesses & workers back to NJ’s commuter hubs after pandemic Second tranche of funding for real estate projects to be awarded in early 2024 TRENTON, N.J. (December 19, 2023) – Last week, the N ew Jersey Economic Development Authority (NJEDA) Board approved $3 million in Public Space Activation Grants under the Activation, Revitalization and Transformation (A.R.T.

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This Is How to Make 6 Figures as a One Person Business in 2024

Entrepreneur's Handbook

Hint: people who overthink it will make the least (or zero) Continue reading on Entrepreneur's Handbook »

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Your Fractional Finance and Accounting Team

Mighty Financial specializes in supporting the financial aspirations of small businesses and entrepreneurs. With our comprehensive bookkeeping and precise accounting expertise with decades of experience across diverse financial roles, our team offers tailor-made services ranging from essential bookkeeping to strategic fractional CFO support, catered specifically to the unique challenges of technology companies, startups, and SMEs.

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Comcast says hackers stole data of close to 36 million Xfinity customers

TechCrunch

Comcast has confirmed that hackers exploiting a critical-rated security vulnerability accessed the sensitive information of almost 36 million Xfinity customers. This vulnerability, known as “CitrixBleed,” is found in Citrix networking devices often used by big corporations and has been under mass-exploitation by hackers since late August. Citrix made patches available in early October, but many […] © 2023 TechCrunch.

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Why Startup M&A in 2024 Will Rebound

Tomasz Tunguz

Earlier this week, Alteryx announced its intention to go private for $4.4b. It’s the 10th in 2023. Company Valuation Qualtrics 12.5 Coupa 8 New Relic 6.5 Cvent 4.6 KnowBe4 4.6 Alteryx 4.4 EngageSmart 4.0 Software AG 2.4 Sumo Logic 1.7 Momentive 1.5 Total 50.2 In December of last year, I wrote : Private equity acquires 10% of the 70+ publicly traded software companies by the end of the year.

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8 predictions for AI in 2024

TechCrunch

This last year was a banger for AI as the technology went from niche to mainstream about as fast as anything ever has. 2024, however, will be the year when the hype runs full-steam into reality as people reckon with the capabilities and limitations of AI at large. Here are a few ways we think […] © 2023 TechCrunch. All rights reserved. For personal use only.

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Singapore’s Novo Tellus PE Fund 3 Closes at $510M, Exceeding Expectations

AsiaTechDaily

Singaporean Private Equity Firm Novo Tellus has successfully concluded the fundraising for its third private equity fund, Novo Tellus PE Fund 3, L.P. The fund outperformed its fundraising goal by 36%, ultimately closing at its hard cap with an impressive US $510 million in commitments. The company accomplished the closing of its fundraising within six […] The post Singapore’s Novo Tellus PE Fund 3 Closes at $510M, Exceeding Expectations first appeared on AsiaTechDaily - Asia's Leading Tech and S

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How Embedded Analytics Gets You to Market Faster with a SAAS Offering

Start-ups & SMBs launching products quickly must bundle dashboards, reports, & self-service analytics into apps. Customers expect rapid value from your product (time-to-value), data security, and access to advanced capabilities. Traditional Business Intelligence (BI) tools can provide valuable data analysis capabilities, but they have a barrier to entry that can stop small and midsize businesses from capitalizing on them.

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Anti-ransomware startup Halcyon lands fresh $40M tranche

TechCrunch

2023 proved to be a be a challenging year on the ransomware front after a brief lull in 2022. According to data from cryptocurrency tracing firm Chainalysis, victims had paid ransomware groups well over $400 million combined as of July 2023. Statista, meanwhile, reports that a whopping over two-thirds — 72% — of businesses have […] © 2023 TechCrunch.

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Inspiring Entrepreneurs Roundup

Forward Cities

In the second installment of our “ Inspiring Entrepreneurs Roundup,” we are thrilled to share more stories of the journeys of our amazing E3 Durham entrepreneurs.

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All the changes coming to Google Play and sideloading following $700M settlement

TechCrunch

Google announced today that it will pay $700 million as a part of a settlement with the U.S. attorney general for a lawsuit over Google Play Store. Along with that, the company has also agreed to take certain measures related to Google Play billing, sideloading and how sideloaded apps are updated. Here’s a list of […] © 2023 TechCrunch. All rights reserved.

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[CorrActions in The Times of Israel] Can sensors in a a steering wheel stop drunk drivers?

OurCrowd

You’ve had too much to drink. Or maybe you didn’t sleep the night before. Both represent cognitive states of impairment that should keep you from getting behind the wheel. But who’s going to stop you? Read more here.

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Digitalization: 5 Tech Updates That Will Help You Survive The Recession & Thrive

Lack of digitalization decreases business competitiveness. To thrive, embracing modern solutions becomes essential. The approach to digitalization often aligns with a company's business model. This shift not only boosts productivity but also automates processes and improves security. The tech market offers a wealth of technologies tailored for management, planning, and forecasting, replacing outdated pen-and-paper methods.

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Dog cancer treatment ImpriMed aims to expand its AI technology into human oncology

TechCrunch

ImpriMed, a California-based precision medicine startup, builds AI-powered dog cancer treatment technology that helps veterinarians identify the most suitable drugs for individual canine and feline blood cancers. The startup, which centers on improving treatment outcomes of dogs and cats with cancer first, now aims to expand its precision medicine technology for human oncology applications. “The […] © 2023 TechCrunch.

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[Stellar Cyber in MSSP Alert] Stellar Cyber Partnership with SentinelOne Eliminates the Blind Spots

OurCrowd

Stellar Cyber has joined with cyber powerhouse SentinelOne with the purpose of eliminating threat actors’ ability to take advantage of built-in delays and blind spots that exist in security stacks. Read more here.

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Okta snatches up security firm Spera, reportedly for over $100M

TechCrunch

Okta, the identity and access management company, is acquiring security firm Spera. Anticipated to close during the fiscal first quarter beginning in early February, the Spera acquisition will build on Okta’s existing identity threat detection and response (ITDR) capabilities, Okta says, while equipping customers with tech to “elevate their identity security, posture management and identify, […] © 2023 TechCrunch.

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[Argus in PR Newswire] Argus Cyber Security unveils groundbreaking aftermarket product to prevent cyber vehicle theft

OurCrowd

The post [Argus in PR Newswire] Argus Cyber Security unveils groundbreaking aftermarket product to prevent cyber vehicle theft appeared first on OurCrowd Blog.

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Embedding BI: Architectural Considerations and Technical Requirements

While data platforms, artificial intelligence (AI), machine learning (ML), and programming platforms have evolved to leverage big data and streaming data, the front-end user experience has not kept up. Holding onto old BI technology while everything else moves forward is holding back organizations. Traditional Business Intelligence (BI) aren’t built for modern data platforms and don’t work on modern architectures.

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Softbank sells Open Opportunity Fund to Black and Latino executives

TechCrunch

The Japanese conglomerate is selling the Open Opportunity Fund to its chairman Paul Judge, and Marcelo Claure, who's being appointed as vice chairman and general partner. © 2023 TechCrunch. All rights reserved. For personal use only.

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Authorities claim seizure of notorious ALPHV ransomware gang’s dark web leak site

TechCrunch

An international group of law enforcement agencies have seized the dark web leak site of the notorious ransomware gang known as ALPHV, or BlackCat. “The Federal Bureau of Investigation seized this site as part of a coordinated law enforcement action taken against ALPHV Blackcat Ransomware,” a message on the gang’s dark web leak site now […] © 2023 TechCrunch.

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EU to expand support for AI startups to tap its supercomputers for model training

TechCrunch

A European Union plan to support homegrown AI startups by providing them with access to processing power for model training on the bloc’s supercomputers, which was announced back in September and kicked off last month, has seen France’s Mistral AI participate in an early pilot phase, according to an update from the EU. But one […] © 2023 TechCrunch.

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EthSign brings DocuSign-like features to Line, Telegram with a web3 twist

TechCrunch

Despite the ongoing regulatory crackdown on the crypto industry and the collapse of some of its poster children, the underlying decentralized technology continues to drive internet incumbents into the web3 space. Telegram and Line, two of the world’s most popular messengers with hundreds of millions of monthly users, have both been integrating crypto features in […] © 2023 TechCrunch.

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PE Mastery: CAPTARGET's Playbook for Quality Lead Flow

CAPTARGET presents a masterclass in M&A deal sourcing. Learn to cast a wide net, embracing seller self-identification. Consistency is the linchpin: keep the origination process steady for a reliable flow of opportunities. Diversify your tactics, employing various tools and vendors. Tech matters! Understand DNS settings, domain authority, and brand presence for optimal outreach.