Month: February 2020
Upgraded doomsday vault gets new seed deposits
Today, the so-called “doomsday” vault in Norway is taking in its biggest deposit of seeds since vital upgrades in 2019. The deposit will feature over 60,000 seed samples from 36 different groups — the most to send their seeds to the Svalbard Global Seed Vault at one time. That includes…
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Revolut raises $500 million at $5.5 billion valuation
Fintech startup Revolut is raising a large Series D round of funding. TCV is leading the $500 million round, valuing the company at $5.5 billion. Over the past few years, Revolut has raised $836 million in total. Some existing investors are also participating in today’s funding round, but Revolut isn’t…
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VC firm Oxx says SaaS startups should avoid high-risk growth models
‘The companies that best meet their customers’ needs always end up winning’ Steve O’Hear @sohear / 8 hours Oxx, a European venture capital firm co-founded by Richard Anton and Mikael Johnsson, this month announced the closing of its debut fund of $133 million to back “Europe’s most promising SaaS companies”…
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Forensic Architecture redeploys surveillance state tech to combat state-sponsored violence
The specter of constant surveillance hangs over all of us in ways we don’t even fully understand, but it is also possible to turn the tools of the watchers against them. Forensic Architecture is exhibiting several long-term projects at the Museum of Art and Design in Miami that use the…
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Mirantis co-founder launches FreedomFi to bring private LTE networks to enterprises
Boris Renski, the co-founder of Mirantis, one of the earliest and best-funded players in the OpenStack space a few years ago (which then mostly pivoted to Kubernetes and DevOps), has left his role as CMO to focus his efforts on a new startup: FreedomFi. The new company brings together open-source…
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Safari introduces more stringent HTTPS rules
Apple has unveiled a new policy, which will go into effect later this year, that will prevent its Safari browser from accepting new HTTPS certificates that expire more than 13 months after their creation date. As a result of the new policy, any website using long-life SSL/TLS certificates issued after…
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