Post Location: Cyber, AI, and Deep Tech

PerspecSys, Inc. Raises $12M Round of Series B Equity Financing

PerspecSys Inc., the leader in cloud data protection solutions for the enterprise, today announced it has raised $12 million in funding co-led by new investors Paladin Capital Group and Ascent Venture Partners, and joined by return backer Intel Capital and other existing institutional investors.

Endgame, Inc. Raises $23M Series B Round of Equity Financing

Endgame, Inc., a leading provider of battle-tested cyber security solutions, announced today that it has closed a $23 million Series B equity financing to fund growth in its existing federal customer base as well as expansion into the commercial market.

Samsung Partners with Fixmo for Global Rights to Embedded Mobile Security Software

Fixmo announced strategic partnership with Samsung that will see the global leader in smartphones embed Fixmo’s patented Sentinel Integrity Services technology on Samsung smartphones and tablets. The partnership comes at a critical time as Government agencies and Enterprise IT around the world look to expand their deployments of consumer-­‐grade Android devices for critical business applications with ensured corporate security, integrity and compliance.

Fixmo Secures Strategic Investment from Samsung Ventures

Fixmo, the leader in mobile security and risk management solutions for public and private sector organizations, today announced that it has received a strategic investment from Samsung Venture Investment Corporation (Samsung Ventures), the venture capital arm of the Samsung Group.

Cloud Migration Company Announces $7 Million Funding

Racemi, the moving company for the cloud, announced today it has closed a $7 million Series B round of venture financing to further develop and market its software for migrating workloads to cloud computing.

Local Projects Replace Global Investments in Mideast

DUBAI — Governments in the Middle East are investing less internationally than they have at any time in the past three years, as pressure to focus on domestic needs has shifted their attention away from global trophy acquisitions, analysts say.

Hundreds of Military Children and Spouses to Receive College Scholarships in ThanksUSA’s Seventh National Competition

WASHINGTON, March 30, 2012 /PRNewswire-USNewswire/ — The seventh annual ThanksUSA scholarship application season opens on April 1, 2012, giving families of U.S. troops the opportunity to pursue post-secondary education. This year’s competition boasts more support than ever, thanks to new sponsors and fundraising events. A charitable effort that mobilizes Americans of all ages to “thank” […]

Fixmo Announces Advisory Board, Adds to Board of Directors

Fixmo Inc., the mobile risk management (MRM) company, today announced its new Board of Advisors. Charter members include Mr. Bob Gourley, CTO at Crucial Point LLC; Mr. Wilson “Bill” Livingood, a 33-year veteran of the United States Secret Service and Sergeant at Arms (Ret.) of the United States House of Representatives for the 104th Congress; and Rear Admiral Arthur Lawrence, Assistant Surgeon General (Ret.)

CyberCore Welcomes Paladin Capital Group as New Investor

CyberCore Technologies (“CyberCore”), a leading provider of information technology services to the federal government and intelligence community with expertise in cyber security, systems integration and secure supply chain management, today announced that the Paladin Capital Group has made an investment in the company. The investment comes after Cybercore was acquired by Moelis Capital Partners (MCP), the private equity business affiliated with Moelis & Company, in July.

Moog Acquires Crossbow Technologies Inc

East Aurora, NY – Moog Inc. (NYSE: MOG.A and MOG.B) announced today that it has acquired Crossbow Technology Inc. Crossbow, headquartered in Milpitas, CA, is a designer and manufacturer of acceleration sensors that are integrated into inertial navigation and guidance systems. The products are used in a variety of aerospace, defense and transportation applications. The purchase price is approximately $32 million, net of Crossbow’s cash balances.

Unitrends Reports 45 Percent Rise In Q1 Results and Highest in Company History

Data protection vendor reaches its highest Q1 revenue yet, seeing a 45 percent increase from Q1 2010  COLUMBIA, S.C., April 27, 2011 ––Unitrends, an innovator in all-in-one backup and disaster recovery solutions, today reports unprecedented 2011 Q1 results.Unitrends has reached several milestones in the last year and has seen exponential growth in its revenue, customer […]