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LayerX Security Raises $24M for its Browser Security Platform, Enabling Employees to Work Securely from Any Browser, Anywhere

CIO

LayerX , pioneer of the LayerX Browser Security platform, today announced $24 million in Series A funding led by Glilot+, the early-growth fund of Glilot Capital Partners, with participation from Dell Technologies Capital and other investors. This round brings the company’s total investment to $32 million.

Security 369
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Atos calls for help after plan to raise new capital falters

CIO

French IT services company Atos has called on a third-party trustee to help it negotiate debt refinancing with its banks after plans to raise €720 million in new capital through a rights issue fell through. It announced it requested the appointment Monday, promising to give an update on the negotiations in due course.

Capital 617
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A changing market landscape requires constant evolution: Our mission for VMware customers

CIO

As we moved from transaction to integration, we began to translate customer thoughts into a comprehensive go-to-market strategy for VMware Cloud Foundation, or VCF. Early in this process, I concluded that the previous go-to-market model was too complex and costly for VMware and its customers. Cloud Computing

Marketing 661
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Securing Venture Capital for Your New Cloud Startup

Smart Data Collective

You won’t be able to do so without a significant amount of capital. You are going to need to recognize the barriers to entry in this industry and make sure that you have access to the capital needed to cover these costs. You might want to consider using venture capital to raise the funds needed to grow your cloud business.

Startups 212
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Why IT leaders are putting more business spin on security spend

CIO

Gartner projects that spending on information security and risk management products and services will grow 11.3% To better focus security spend, some chief information security officers (CISOs) are shifting their risk assessments from IT systems to the data, applications, and processes that keep the business going.

Security 697
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Kyndryl reportedly in talks to buy DXC Technology

CIO

It said that Kyndryl is discussing the bid with private equity fund Apollo Global, and that they could offer between $22 and $25 per share to buy DXC, prompting the DXC share price to rise from around $16 when the markets opened Monday morning to nearer $19 at close on Wednesday.

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VMware customers take wait-and-see approach amid Broadcom changes

CIO

When tech giant Broadcom acquired virtualization market leader VMware last October, it restructured licensing terms, laid off thousands of employees, and terminated partner agreements with resellers and service providers. But Somerset Capital runs its developer environment in house using VMware. “As Do we go with something else?’”

Capital 747