Filigran, the creator of OpenCTI, secures $16 million in funding for cutting-edge cybersecurity threat management solution

Paris-based cybersecurity startup Filigran is capitalizing on the success of OpenCTI to build a suite of open-source threat management products. The company has already found some early traction with OpenCTI, its open-source threat intelligence platform. It’s a threat intelligence platform that lets you gather threat data from multiple sources in a single interface. OpenBAS can be used as a standalone product, but it works better if you’re already using OpenCTI as it can use the threat intelligence data in OpenCTI. There will be another two products in Filigran’s eXtended Threat Management (XTM) product suite that focus on data-driven risk analysis and crisis management.

Entering a New Era: The Rise of Maker Tech Startups

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Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Most interesting startup stories this weekCES 2024 was like a futuristic carnival for transportation geeks, flaunting an array of electric everything — from cars and bikes to scooters and aircraft. Of course, AI was everywhere, and Cody wrote a round-up detailing how AI tech showed up in the good, the bad, and the weird. Most interesting fundraises this weekIn the wake of a challenging 2023 and a significant downturn in public offerings, tech startups and high-growth companies are once again turning their sights toward initial public offerings (IPOs). This trend is also visible in the field of artificial intelligence startups, which continue to attract attention in venture capital circles.

Pressure Mounts for EU Legislators to Fully Disclose Ties with Child Safety Technology Company, Thorn

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Last year the Commission released some documents relating to its exchanges with the company in question but denied access to others. But EU legislation is a three way affair — requiring buy in from the Commission and Council, too. Here’s the statement, attributed to European Commission spokesperson for Home Affairs, Anitta Hipper:The Commission will provide access to documents as appropriate and within our legal framework. Specifically, as regards the Ombudsman recommendation, the Commission will carefully consider the recommendation of the Ombudsman. We reached out to Thorn but it did not respond to a request for comment about the ombudsman’s inquiry.

Ultrahuman Introduces Revolutionary Smart Ring Tracker for Enhanced Household Wellness

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Indian wearable startup Ultrahuman is getting into the smart home game. By capturing more data-points it can link to its smart ring users, Ultrahuman may be able to improve the accuracy of its algorithms — to give its personalized advice an edge over rivals. The same is true with the Ultrahuman Home: There’s no subscription required for the service; just a one-off hardware purchase. Since the launch of the Ultrahuman Ring Air, its sleeker second gen smart ring which we reviewed last summer, momentum has been growing, with sales exceeding 10,000 units last month, per Kumar. There is also a hardware button on the device that will let users switch off the mic when they wish.

” VinFast: Vietnam’s Automobile Pioneer to Invest $2 Billion in India

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VinFast, Vietnam’s electric vehicle manufacturer, plans to initially invest $500 million to set up an integrated facility in India and break into the world’s third-largest automobile market. The memorandum of understanding with the state government of Tamil Nadu, unveiled on Saturday, earmarks an investment of up to $2 billion, the company said without giving a concrete timeframe. “We are delighted that VinFast has chosen to invest in Tamil Nadu to establish its integrated EV facility. Nonetheless, India has been an attractive market for global EV players as the country aims to have 30% electrification by 2030. Its India deal announcement follows VinFast naming its founder and biggest backer, Pham Nhat Voung, as CEO earlier on Saturday.

“Alteryx to go private in $4.4B agreement between Clearlake and Insight”

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Alteryx, an Irvine, California-based software company developing data science and analytics products, today announced that it’s agreed to be acquired by private equity firms Clearlake Capital Group and Insight Partners in a deal worth $4.4 billion. Clearlake and Insight reportedly beat out Symphony Technology Group, another private equity firm, which Reuters reported several days ago had been vying for Alteryx. The Clearlake-Insight deal, which includes debt, values Alteryx’s equity at around $3.46 billion, reports Reuters — a 29.1% premium over the company’s closing share price on Friday. After raising tens of millions of dollars from VC firms including Toba Capital, Insight, Sapphire Ventures, ICONIQ Capital and Meritech Capital Partners, Alteryx went public on the NYSE in 2017. Today, Alteryx stands out as an industry leader with a differentiated platform that scales data democratization in a governed manner,” Stoecker said.