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Startups News
Nickie Louise @ Startups News · 05/15/2025 09:41 EDT

Proofpoint acquires rival Hornetsecurity for over $1 billion to boost European expansion ahead of IPO

Cybersecurity firm Proofpoint is acquiring German cybersecurity firm Hornetsecurity for over $1 billion, marking its largest deal to date as it looks to expand in Europe and prepare for a return to the public markets. The move helps Proofpoint cement ... Read more

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Startups News
Nickie Louise @ Startups News · 05/15/2025 09:03 EDT

Coinbase hacked: Data of thousands exposed in $20M extortion scheme. Company fights back with $20M bounty

Coinbase confirmed Thursday that a security breach exposed personal data tied to thousands of customers, or less than 1% of its monthly users. The breach wasn’t caused by a technical flaw. It came down to bribery. Hackers paid off overseas ... Read more

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Startups News
Nickie Louise @ Startups News · 05/14/2025 16:54 EDT

AI replaces humans: Klarna replaces 700 employees with AI, slashes workforce by 40%

Klarna isn’t easing into the AI era—it’s sprinting into it with fewer humans on board. Klarna CEO Sebastian Siemiatkowski revealed on Wednesday that the company has cut its workforce by roughly 40%, driven by AI adoption and natural attrition. The ... Read more

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Startups News
Nickie Louise @ Startups News · 05/14/2025 11:19 EDT

Voltra emerges from stealth with $1.8M to launch ‘Charge,’ a Stripe-like API for EV chargers and microgrids

Waterloo-based tech startup Voltra has officially launched out of stealth with a $1.8 million pre-seed round led by Contrary, alongside Hanover Capital and Velocity Fund. The company is launching its first product, Charge—a unified API platform built to simplify control ... Read more

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Startups News
Daniel Levi @ Startups News · 05/14/2025 09:53 EDT

AI infrastructure startup TensorWave raises $100M to meet soaring demand for AI compute

Las Vegas-based startup TensorWave has secured $100 million in fresh funding as it bets big on the growing demand for AI infrastructure. The new Series A round was led by Magnetar and AMD Ventures. Other investors include existing backers Maverick ... Read more

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Startups News
Nickie Louise @ Startups News · 05/14/2025 09:26 EDT

Databricks acquires serverless database startup Neon for $1B to boost AI agent development

Databricks is opening its wallet again. The San Francisco-based data analytics startup announced Wednesday that it’s acquiring Neon, a serverless database startup, in a deal valued at around $1 billion. The move is aimed at making it easier for developers ... Read more

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Startups News
Daniel Levi @ Startups News · 05/14/2025 08:56 EDT

All The Steps You Can Take to Make Your Online Betting More Secure

Imagine you’re ready to place a bet online, but first, you need to deposit money. Is the site you’ve picked secure enough? Will it demand more personal details than you’re comfortable giving? These aren’t simple questions; sometimes the trade-offs aren’t ... Read more

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Startups News
Nickie Louise @ Startups News · 05/14/2025 08:36 EDT

eToro goes public with $52 IPO, valued at $4.2 billion amid retail and crypto boom

eToro, the retail trading platform known for its stock and crypto services, has finally made its public market debut. The company priced its IPO at $52 per share, slightly above its expected range of $46 to $50, raising about $310 ... Read more

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Startups News
Daniel Levi @ Startups News · 05/13/2025 18:38 EDT

Top tech startup funding news for today, May 13, 2025

It’s May 13, 2025, and we’re back with your daily snapshot of the biggest funding moves shaping the global startup scene. From next-gen solid rocket motors to AI finance copilots and EV battery intelligence, today’s funding slate showcases the breadth ... Read more

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Startups News
Nickie Louise @ Startups News · 05/13/2025 12:17 EDT

Microsoft lays off thousands of employees despite $25.8 billion in quarterly profits, largest layoffs since 2023

Microsoft is cutting around 3% of its global workforce, impacting thousands of employees across teams, management levels, and regions. “We continue to implement organizational changes necessary to best position the company for success in a dynamic marketplace,” a company spokesperson ... Read more

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Startups News
Nickie Louise @ Startups News · 05/13/2025 10:30 EDT

Madrid-based startup Shakers lands €14M to scale its AI-powered platform for Europe’s tech freelancers

Companies are under growing pressure to stay agile, but hiring top-tier tech talent remains one of their biggest bottlenecks. Traditional outsourcing hasn’t kept up. Long lead times, outdated processes, and rigid contracts make it hard for businesses to experiment, adapt, ... Read more

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09.06.2025 06:47
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