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IBM Report: Half of Breached Organizations Unwilling to Increase Security Spend Despite Soaring Breach Costs
July 24th, 2023 Comments Off on IBM Report: Half of Breached Organizations Unwilling to Increase Security Spend Despite Soaring Breach Costs
CAMBRIDGE, Mass., July 24, 2023 -- IBM Security today released its annual Cost of a Data Breach Report, showing the global average cost of a data breach reached $4.45 million in 2023 – an all-time high for the report ...

Cadence Strengthens Foothold in Memory and SerDes IP Design with Rambus Deal
July 21st, 2023 Comments Off on Cadence Strengthens Foothold in Memory and SerDes IP Design with Rambus Deal
SAN JOSE, Calif., July 21, 2023 -- Cadence Design Systems, Inc. and Rambus Inc., a premier chip and silicon IP provider making data faster and safer, announced that they have entered into a definitive agreement for Cadence to acquire ...

Microsoft Announces Azure Boost, Enhancing Virtual Machine Performance
July 19th, 2023 Comments Off on Microsoft Announces Azure Boost, Enhancing Virtual Machine Performance
July 19, 2023 -- Microsoft today introduced the preview of Microsoft Azure Boost, one of Azure’s latest infrastructure innovations.  Azure Boost is a new system that offloads virtualization processes traditionally performed by the hypervisor and host OS, such as ...

Intermedia Launches AI Transcription Redaction for Its Contact Center Solution
July 11th, 2023 Comments Off on Intermedia Launches AI Transcription Redaction for Its Contact Center Solution
SUNNYVALE, Calif., July 11, 2023 -- Intermedia Cloud Communications today announced the launch of AI Transcription Redaction, a new data privacy and security feature designed to automatically identify and redact sensitive customer information from Intermedia Contact Center voice transcriptions. ...

Causely Raises $8.8M in Seed Funding to Deliver IT Industry’s 1st Causal AI Platform
June 30th, 2023 Comments Off on Causely Raises $8.8M in Seed Funding to Deliver IT Industry’s 1st Causal AI Platform
BOSTON, June 30, 2023 -- Causely, Inc., the causal AI company, announced it has raised $8.8M in Seed funding, led by 645 Ventures with participation from founding investor Amity Ventures, and including new investors Glasswing Ventures and Tau Ventures. ...

CalypsoAI Raises $23M to Drive Secure Enterprise Adoption of Generative AI and LLMs
June 27th, 2023 Comments Off on CalypsoAI Raises $23M to Drive Secure Enterprise Adoption of Generative AI and LLMs
WASHINGTON, June 27, 2023 -- CalypsoAI today announced it has raised $23 million in a Series A-1 financing. Paladin Capital Group led the round, with participation from existing investors including Lockheed Martin Ventures, new investors Hakluyt Capital and Expeditions ...

VMware on OVHcloud Brings Flexibility, Security and Cost Control to Hosted Private Cloud Environments
June 23rd, 2023 Comments Off on VMware on OVHcloud Brings Flexibility, Security and Cost Control to Hosted Private Cloud Environments
ROUBAIX, France, June 23, 2023 -- OVHcloud has announced the rearchitecting of its VMware portfolio in the Hosted Private Cloud universe. Closely following the needs of system integrators, SaaS providers, SMB, and Enterprises, the new VMware on OVHcloud product ...

Blackbird.AI Raises $20M in Series B Funding for Narrative and Perception Risk Intelligence
June 15th, 2023 Comments Off on Blackbird.AI Raises $20M in Series B Funding for Narrative and Perception Risk Intelligence
NEW YORK, June 15, 2023 -- Today, Blackbird.AI, a leader in AI-driven Narrative and Risk Intelligence, announced the close of a $20M Series B round led by cybersecurity investor Ten Eleven Ventures, with follow-on support from existing investors Dorilton ...

Spectra Logic and Titan Partner to Expand EMEA Market Footprint with New Data Management Solutions
June 15th, 2023 Comments Off on Spectra Logic and Titan Partner to Expand EMEA Market Footprint with New Data Management Solutions
BRACKNELL, England, June 15, 2023 -- Spectra Logic, a global leader in data management and data storage solutions, today announced that it has partnered with Titan, a specialist distributor offering end-to-end data management solutions and cybersecurity services. The relationship, which spans ...

Somerville Invests in Scality RING to Modernize Data Security
June 15th, 2023 Comments Off on Somerville Invests in Scality RING to Modernize Data Security
SAN FRANCISCO, June 15, 2023 -- Scality, a global leader in reliable, secure and sustainable data storage software, announced today that Somerville, a leading provider of IT services in Australia, has selected Scality to scale its data storage services ...
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