Category: Amazon Web Services
Africa Roundup: TLcom closes $71M fund, Jumo raises $55M, AWS partners with Safaricom
VC firm TLcom Capital closed its Tide Africa Fund at $71 million in February, and announced plans to invest in 12 startups over the next 18 months. The group — with offices in London, Lagos and Nairobi — is looking for tech-enabled, revenue-driven ventures in Africa from seed-stage to Series…
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AWS partners with Kenya’s Safaricom on cloud and consulting services
Amazon Web Services has entered a partnership with Safaricom — Kenya’s largest telco, ISP and mobile payment provider — in a collaboration that could spell competition between American cloud providers in Africa. In a statement to TechCrunch, the East African company framed the arrangement as a “strategic agreement” whereby Safaricom will…
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Latin America roundup: Softbank adds $1B, Stori raises $10M and Grow Mobility puts on the brakes
After investing nearly $2 billion of its Innovation Fund in Latin America in 2019, Softbank announced this month that it would add an additional $1 billion into the fund to continue supporting tech startups across the region. While the Japanese investor faces the challenge of raising a second global fund after its…
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How much should a startup spend on security?
One of the questions I frequently ask startup founders is how much they’re spending on security. Unsurprisingly, everyone has a different answer. Startups and small companies are invariably faced with the prospect that they’re either not spending enough or are spending too much on something that’s hard to quantify in…
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PhotoSquared app exposed customer photos and shipping labels
Popular photo printing app PhotoSquared has exposed thousands of customer photos, addresses and orders details. At least 10,000 shipping labels were stored in a public Amazon Web Services (AWS) storage bucket. There was no password on the bucket, allowing anyone who knew the easy-to-guess web address access to the customer…
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Amazon quietly publishes its latest transparency report
Just as Amazon was basking in the news of a massive earnings win, the tech giant quietly published — as it always does — its latest transparency report, revealing a slight dip in the number of government demands for user data. It’s a rarely seen decline in the number of…
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