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Halcyon Receives Funding to Combat Ransomware
Introduction After the 2021 incident with Colonial Pipeline, researchers Jon Miller and Ryan Smith questioned why, despite the widespread use of security measures, ransomware continued to expand at an exponential rate. A recent poll found that 78 percent of businesses want to raise spending on...
Canaan’s $850M Closure Amidst Industry Decline: A Deep Dive
Canaan, a 35-year-old early-stage venture capital firm, continues to invest in IT and healthcare despite the market slowdown. Capital commitments totaling $850 million have recently been completed, split between a $650 million flagship fund (it’s 13th) and a second $200 million fund to assist its...
7 Tips for a Better Payroll Management System
Introduction Managing payroll can be a challenging task, especially for small business owners with limited resources. However, an effective payroll management system is crucial for ensuring accurate and timely payment to employees, compliance with regulations, and maintaining employee satisfaction. The good news is that with...
Honeycomb Secures $50 Million in Funding: ITMunch Report
Headline led the latest $50 million investment in Honeycombā€™s round, including contributions from Insight Partners and Scale Ventures, two of the company’s current investors. Insight previously led a $50 million company investment in 2021. The company’s $50 million investment platform is significant in today’s increasingly...
Top Investing Trends To Follow In 2023
Investing is a constantly evolving field, with new trends and strategies emerging each year. As weā€™re nearing mid-2023, it’s important for investors to stay ahead of the curve and be aware of the latest developments in the market. Whether you’re a seasoned investor or just...
11 Major Digital Banking Trends to Watch Out for in 2023
Digital banking has changed the way people manage their finances, and it’s showing no signs of slowing down. In fact, as we look ahead to 2023, there are several major digital banking trends that will likely shape the industry even further. These trends will impact...
Fetch AI Achieves Major Milestone with $40M Funding
Introduction Some of the more realistic considerations, such as the various costs (financial and societal) and the business models, may get louder over time, but for the time being, AI is flying high on a wave of hype. Fetch.ai, a company, has announced $40 million...
Deep Render Raises $9M
Deep Render, which is creating artificial intelligence-powered technology to compress online movies, has just secured a $9 million Series A. This round is headed by IP Group and Pentech Ventures. Despite the recent market volatility, sources reveal that the round values the business at $30...
Revolutionizing FinTech: The Digital Transformation Journey
The financial technology sector is not immune to the disruptive effects of digital transformation. The industry is now more customer-focused and cutting-edge, thanks to the proliferation of digital technology. Digital service provision allows financial institutions to meet the needs of their stakeholders and end users...
Former Stripe Programmer’s $4 Million Funding Boost
Beam, a business that has only been around for five months, has acquired $4 million in a venture fundraising round headed by Accel to make it easier for general contractors to pay their subcontractors and be paid themselves. The company’s creator and primary investor have...
