San Francisco startup Socket raised $60 million in Series C funding led by Thrive Capital, pushing its valuation to $1 billion.
San Francisco-based startup Herd Security raised $3 million in a funding round led by Aspiron Ventures to enhance its AI-driven cybersecurity training platform.
The Identity Security Summit will convene on October 12 at the Moscone Center to address a 12 percent annual increase in reported identity theft incidents.
Venture capital firms in San Francisco are extending due diligence periods to several weeks as they demand stricter financial oversight from startup founders.
Venture capital firms in San Francisco are now requiring startups to demonstrate positive cash flow before releasing new funding rounds.
Technology
Modern digital systems generate massive data volumes matching pre-2003 records every two days
Modern digital systems generate as much data in a 48-hour period as humanity recorded from the dawn of civilization until 2003, researchers in San Francisco reported.