Paul Gillin
Latest from Paul Gillin
SANS survey finds firms continue to downplay cybersecurity awareness
More organizations are still faring poorly in addressing the one dimension of cybersecurity over which they have the most control: people’s behavior. That’s according to the sixth annual survey of business adoption of security awareness principles conducted by SANS Institute. The 2021 Security Awareness Report, released today, is conducted by SANS, which is the business name ...
Security startup Orca lands $210M Series C round with a $1.2B valuation
Tel Aviv-based cloud security startup Orca Security Ltd. today is announcing that it has raised $210 million in funding, its third round in a little more than a year. The Series C investment brings Orca’s total venture investment to $292 million and gives the company a $1.2 billion valuation just over two years after its ...
Startup Model 9 Software aims to unlock mainframe data troves for analytics
Pity the poor mainframe computer. Maligned for years as a costly relic, it has become the Rodney Dangerfield of the information technology world. That’s despite the fact that “big iron” machines run 30 billion transactions per day, handle 90% of all credit card transactions and process more daily transactions than Google search, according to the ...
Okera adds decentralized data stewardship to high-end information governance platform
Data governance startup Okera Inc. today added distributed stewardship features to its Okera Dynamic Access Platform, enabling large organizations to delegate and federate data access privileges across an organization. The feature enables businesses to scale their data governance practices to levels that weren’t previously possible, the company said. Distributed stewardship is a permission-based framework that enables responsibility and ...
Oracle beats earnings forecast but says investments will tamp down next quarter
Oracle Corp. today reported financial results that topped expectations in its fiscal third quarter on the strength of sales of its Generation 2 Cloud Infrastructure and cloud-based enterprise resource planning products. Executive Chairman and Chief Technology Officer Larry Ellison also brashly predicted Oracle will ultimately lure away half of ERP rival SAP SE’s customers. The ...
Talend to sell to private equity firm Thoma Bravo in $2.4B deal
Data integration company Talend SA announced today it has agreed to be acquired by tech-focused private equity firm Thoma Bravo LP for $66 per share. The cash transaction values the company at $2.4 billion, or about 29% more than Talend’s Tuesday closing price and 81% above the volume weighted average price over the last 12 ...
TrustArc bids to automate privacy rules enforcement
Data privacy management firm TrustArc Inc. today announced a service that provides a single point of control for identifying and managing information that may be subject to privacy regulations. Called PrivacyCentral, the hosted service simplifies management of privacy programs and reduces the need to reinvent the compliance wheel every time a regulation is introduced or ...
VMware and Nvidia team to deliver virtualized AI workloads
VMware Inc. and Nvidia Corp. today are teaming up to hasten development of enterprise artificial intelligence applications. New releases of the virtualization giant’s vSphere 7 server virtualization and vSAN 7 storage virtualization product will run applications requiring AI-ready infrastructure with improved security and simplified operations. Specifically, VMware and Nvidia said they’ll deliver a software stack that ...
Okta shares plunge on plans to acquire rival Auth0 and cautious earnings guidance
Cloud identity access management firm Okta Inc. said today it will acquire rival Auth0 Inc. in an all-stock transaction valued at $6.5 billion. The news came just hours before Okta announced earnings results that exceeded analyst expectations but gave guidance that disappointed some market watchers. That, combined with the size of the Auth0 deal spooked some ...
Cutover banks $35M for its work orchestration platform
Godesic Ltd., which does business under the name Cutover, today announced a $35 million financing round to continue to develop and sell its work orchestration and observability platform. With the Series B round, the company has now raised more than $54 million. Funding was led by Eldridge Industries LLC with participation from alongside existing investors Index Ventures ...