DNA and genetic testing firm 23andMe is in turmoil following a 2023 data breach and its ongoing financial decline. The once-pioneering giant now faces an uncertain future as bankruptcy looms over the company, intensifying concerns about what might happen to the genetic data of 23andMe’s some 15 million customers. Best known for its saliva-based test […]
23andMe faces an uncertain future — so does your genetic data Read More »
Data protection startup Cohesity completed its merger with Veritas’ enterprise data protection business, creating one entity with 12,000 customers that is valued at $7 billion. The deal was originally announced in February 2024. Cohesity valued Carlyle-owned Veritas’ data protection business at $3 billion at the time, according to CRN reporting. Cohesity declined to comment on
Cohesity completes its merger with Veritas; here’s how they’ll integrate Read More »
DNA and genetic testing firm 23andMe is in turmoil following a data breach last year and its ongoing financial decline. The once-pioneering giant now faces an uncertain future amid efforts to take the company private, intensifying concerns about what might happen to the genetic data of 23andMe’s some 15 million customers. Best known for its
23andMe faces an uncertain future — so does your genetic data Read More »
Mark up another unicorn and large funding round for the cybersecurity industry: Kiteworks, a company that builds tools to secure email communications, file sharing, and other situations where people are working with sensitive or proprietary data outside their firewalls, has raised $456 million from Insight Partners and Sixth Street Growth. The investment values the company
Kiteworks captures $456M at a $1B+ valuation to help secure sensitive data Read More »
On today’s episode of Equity, we’re taking a look at news you might’ve missed over the holiday weekend here in the U.S., starting with the recent OpenAI security breach. While it doesn’t seem that people have to be too worried about what the hackers actually accessed, the fact that it happened is worth paying attention
A new trend for seed VCs and the scariest part about OpenAI’s data breach Read More »
