Security firm Sophos Group plc has acquired Invincea Inc., an endpoint security solutions startup that uses virtual application containers to protect against advanced malware and other threats. The price of the acquisition came in at $100 million in cash with an additional $20 million earn-out dependent on performance targets being met. Founded in 2009, Invincea offers ...

Security firm Exabeam Inc. has raised $30 million in a late-stage funding round led by Lightspeed Venture Partners and Cisco Investments. The Series C round also included existing investors Norwest Venture Partners, Aspect Ventures, Icon Ventures and Shlomo Kramer. As part of the deal, Lightspeed’s Ravi Mhatre will join Exabeam’s board. Founded in 2013, Exabeam provides security intelligence and management ...

A former intern at security company FireEye Inc., who was arrested in 2015 after it was discovered he was one of the world’s top Android hackers, avoided a jail term at his sentencing hearing on Monday. Twenty-year-old Morgan Culbertson stood accused of being the mastermind behind Dendroid, a form of malware that infects Android phones ...

A security flaw discovered in the popular online gaming platform Steam allows a hacker to execute malicious commands on the computers of any user visiting an infected profile page. The flaw consists of a cross-site scripting vulnerability that can occur due to the Steam client failing to block malicious commands from user-created profile pages. The flaw enable a ...

Dozens of popular Apple Inc. iOS apps contain serious security flaws that make them vulnerable to data interception, security researchers at Verify.ly have discovered. Some 76 apps, which included browser apps, news apps and various virtual private networking apps, were found to be open to a silent man-in-the-middle attack, a form of attack that allows a hacker to ...

A hacker has claimed to have dumped warning messages on over 150,000 unsecured Internet-connected printers in an alleged effort to raise awareness about printer security. The gray-hat hacker, going by the name of Stackoverflowin, targeted printers made by companies including Afico, Brother, Canon, Epson, HP, Lexmark, Konica Minolta, Oki and Samsung by using a script that ...

Uber Technologies Inc.’s ambitions are heading to the sky, and the ride-hailing giant has hired a former U.S. National Aeronautics and Space Administration engineer to lead its push into developing flying cars. Uber has hired Mark Moore, who was with NASA for 30 years and is regarded as an expert on vertical takeoff and landing vehicles to head Uber ...

Cloud infrastructure firm Stratoscale Inc. has acquired database-as-a-service startup Tesora Inc. for an undisclosed sum. Founded in 2010, Tesora, previously known as ParElastic, aims to simplify the provision and management of databases by providing OpenStack administrators tools to offer their users self-service, managed databases for MySQL and other leading database platforms. The company’s enterprise-oriented version of OpenStack Trove is ...

3D metal printing startup Desktop Metal Inc. has raised $45 million in a late-stage funding round led by the Google Inc. venture capital arm GV. The round was raised at a valuation of $305 million, up from $100 million as of its last round in April 2016, according to Forbes. The Series C round included BMW i Ventures ...

Venezuela’s war on bitcoin is ramping up as the country’s largest exchange was forced to cease trading following the closure of its bank account. SurBitcoin informed its clients Feb. 3 that they should immediately withdraw their cash and cryptocurrency balances after its bank account at Banesco, the largest financial institution in Venezuela, was shut down without ...