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IMI becomes the latest British engineering firm to be hacked

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British engineering company IMI has disclosed a cybersecurity incident just days after rival firm Smiths reported it was targeted by hackers.  IMI, a Birmingham-based firm...
Tech for Business

European VC firm Emblem raises $85 million for its initial fund

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Emblem, a relatively new European VC firm based in Paris, is announcing the final closing of its first fund. Eighteen months after the first...
Tech for Business

How Max Altschuler accidentally founded a VC firm that just raised another $54M  

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Four years after accidentally launching a VC firm, GTMfund founder and general partner Max Altschuler has raised a second $54 million fund. He was...
Tech for Business

How African VC firm Oui Capital returned its first fund with Moniepoint’s unicorn exit

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At a recent investor meeting, early-stage African investor Oui Capital informed limited partners that it had returned its $4 million debut fund following the...
Tech for Business

Defiant is a new European VC firm that uses data and products to make better investments

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Defiant is a new early stage VC firm focused on B2B SaaS and fintech coming out of stealth today. Joseph Pizzolato (pictured right) and...
Tech for Business

Boston Dynamics settles patent suit with military robotics firm Ghost

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Roughly two and a half years after their patent battle began, Boston Dynamics and Ghost Robotics have settled the dispute on reasonably amicable terms....
Tech for Business

NXP to buy automotive safety software firm TTTech Auto for $625M

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Dutch semiconductor giant NXP on Tuesday said it plans to acquire TTTech Auto, an Austrian company specializing in safety software for autonomous vehicles, in...
Tech for Business

US sanctions Chinese cyber firm linked to Flax Typhoon hacks

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The U.S. government has sanctioned a Beijing-based cybersecurity company over its alleged links to a China government-backed hacking group, tracked as Flax Typhoon. The Treasury...
Tech for Business

Peter Thiel-backed venture debt firm Tacora raises $268.7M for new fund

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Tacora Capital, a Texas firm that specializes in venture debt, has raised $268.7 million for its second fund, according to a new SEC filing. Tacora’s...
Tech for Business

IT tech services firm WWT acquires Canadian IT provider Softchoice in all-cash deal

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One last mega-deal closed out an eventful 2024. On Tuesday, World Wide Technology (WWT), a tech services company based in St. Louis, announced it...
Tech for Business

Sequoia’s Matt Miller is exiting the firm after making headlines earlier this year

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The writing was on the wall, seemingly.  Sequoia Capital partner Matt Miller announced on Wednesday that he’s leaving the powerhouse outfit after a 12-year career...
Tech for Business

A bad experience with an accounting firm spurred this founder to start Aiwyn

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Accounting firms are struggling to adopt high-tech solutions. That’s according to a survey earlier this year from Rightsworks, which found that, while 88% of...
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