CloudLock, a cloud security startup that has already raised $28.2 million so far, will be launching CloudLock Selective Encryption at the 2014 RSA Conference in San Francisco next week, TechCrunch reported.
Network/Hosting
TraceLink Inc secures $5.5M growth investment in round led by FirstMark Capital
TraceLink Inc obtained a growth investment of $5.5 million in a round led by FirstMark Capital. Proceeds of the financing will be used for worldwide expansion and to finance more investments in its Life Sciences Cloud network platform.
IBM and AT&T pair up to combat cyber threats
New York, US-based tech giant IBM and Dallas, Texas-based telecom firm AT&T struck a strategic partnership that will create a simplified service that will help businesses deal with network security problems and other cyber threats.
Dropbox bags additional $350M in Series C round- source
Dropbox has obtained an added $350 million in a Series C funding round from its existing investors and major mutual funds, TechCrunch reported citing a filing with the US Sec and a source who confirmed the fundraising.
India-based HackerEarth secures $500K in seed funding round
HackerEarth, an India-based platform that matches programmers with startups looking for technical talent, received a $500,000 from Angelprime for its seed funding round, TechCrunch reported.
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KKT Interactive owner and Snap-pay.com co-founder Jim Rudnick has introduced a crowdfunding site which intends to help entrepreneurs in Hamilton, Ontario, The Hamilton Spectator reported.
Google has rolled out its expansion plans for its high speed fiber Internet service called Google Fiber which could possibly be introduced in 34 cities, VentureBeat reported.
Weight loss app MyFitnessPal has acquired Sessions, a Rock Health-backed startup that has developed an app that connects individuals with fitness experts who encourage accountability in their workouts, VentureBeat reported.
Cloud-based payroll application provider ZenPayroll obtained $20 million from General Catalyst Partners and Kleiner Perkins Caufield & Byers for its Series A round, TechCrunch reported.
Goodbye SkyDrive, hello OneDrive. Microsoft has officially rebranded its cloud storage service and launched a referral program to get more users to the platform, TechCrunch reported.
Tencent Holdings Ltd, the biggest Internet company in Asia, purchased a 20% stake in online review platform Dianping.com, as it steps up its location-based services, Bloomberg reported.
In response to a petition filed on the online platform WeThePeople, the White House reaffirmed its backing for net neutrality in an official blog post written by Gene Sperling and Todd Park.
Aside from robbing income from original makers of content, piracy websites also make around $4.4 million annually from ads, according to a study published by Digital Citizens Alliance.
Stack Overflow, the website where programming enthusiasts get to ask and answer questions, went down for about an hour Sunday, February 16 due because of a DDoS attack on its network provider, TechCrunch reported.
