Data security startup AlgoSec Inc. has raised $36 million in new funding in a round sourced exclusively from technology investment firm Claridge IL. Founded in 2003 with offices in New Jersey and Israel, AlgoSec automates and orchestrates network security policy management and business applications while ensuring security compliance. The company’s platform automates security policy management across virtual, ...

Security firm Barracuda Networks Inc. said today it has acquired social engineering management platform provider PhishLine LLC for an undisclosed price. Founded in 1996, PhishLine offers a software-as-a-service platform for social engineering simulation and training that specializes in assisting enterprises with combating security threats. As the company’s name suggests, it particularly focuses on phishing risks. In addition to its monitoring ...

Baidu Inc. and BlackBerry Ltd. said today they’re joining forces with a new deal that will see the two companies collaborate on connected and autonomous vehicle technology. Under the pact, BlackBerry will provide its QNX self-driving car operating system to be used by Baidu’s Apollo autonomous driving platform. In return, BlackBerry will integrate Baidu’s CarLife ...

IBM Corp. is suing travel conglomerate Expedia Inc. over the use of patented technology, days after settling a dispute over the same patents with rival travel firm Priceline Group Inc. IBM is alleging that Expedia, which owns a range of other travel sites including Orbitz, Hotwire and Hotels.com, is breaching patents relating to how online content ...

Retail artificial intelligence startup Rubikloud Technologies Inc. today said it has raised $37 million in new funding. The Series B round was led by Intel Capital and also included iNovia Capital, OTEAF, Horizons Ventures and Access Industries. As part of the deal, Intel Capital’s Elana Lian will join Rubikloud’s board. Founded in 2013, Rubikloud offers a cloud-native ...

Chinese ride-hailing giant Didi Chuxing Technology Co. has spent no time in investing some of the $4 billion it raised in December, buying Brazilian car booking service 99 Corp. today for a figure believed to be $600 million. Founded in 2012 and formerly known as 99Taxis, 99 is Brazil’s Uber Technologies Inc. It offers a similar range of ...

Russia’s colorful history with cryptocurrencies and the blockchain has continued into the new year as the country’s finance ministry is reported to be exploring ways to create a “Cryptoruble” that could help it circumvent western sanctions. News that Russia may first be considering establishing a rival to bitcoin surfaced in November when it was reported that the ...

Cybercriminals and rogue nations are switching out of bitcoin into other, less well-known cryptocurrencies as bitcoin’s popularity surges, according to a number of recently published reports. On the illicit front, Bloomberg claimed that cybercriminals are switching away from bitcoin because of the public and governmental attention focused on the cryptocurrency. Bitcoin, despite claims to the contrary, ...

Marketing analytics firm DialogTech Inc. has acquired Swydo, a Dutch provider of digital marketing dashboards, reports and visualization, for an undisclosed price. Founded in 2005, DialogTech uses artificial intelligence and machine learning to provide marketing analytics for businesses that wish to track data from inbound phone calls. The purchase of Swydo allows existing DialogTech customers, which include ...

Apple Inc. has acquired Buddybuild, a Vancouver, Canada-based startup that offers tools to help developers build and test mobile apps. Founded in 2015, Buddybuild, formally Doe Pics Hit Inc., offers a platform that ties together continuous integration and delivery and provides iterative feedback to help developers more easily create mobile apps. The platform, which the company ...