Which cybersecurity company raised a $543 million Series A and who lost $75 million worth of Ether?

CTech Daily Roundup: 230 new millionaires to be born thanks to ironSource SPAC merger

CTech 22:5322.06.21
Transmit Security raises record $543 million Series A at $2.2 billion valuation. The company co-founded by Mickey Boodaei, which developed a device-based biometrics solution for customer authentication, was bootstrapped prior to completing the largest Series A funding round in cybersecurity history. Read more

 

Cryptocurrency security company Fireblocks sued for losing $75 million worth of ETH. Crypto company StakeHound claims that Fireblocks was negligent and failed to back up its wallet appropriately. Fireblocks has denied any wrongdoing. Read more

 

Money. Photo: Shutterstock Money. Photo: Shutterstock

 

Spotlight | NanoGhost: Delivering the greatest things in the smallest packages. Prof. Marcelle Machluf’s life’s work, creating a medicine delivery system that can defeat cancer, is showing promising progress, aiming for clinical trials by 2023. Read more

 

230 new millionaires to be born thanks to ironSource SPAC merger. The Israeli company’s merger with a Thoma Bravo-backed SPAC next week at an $11 billion valuation will provide life-altering fortune to hundreds of its employees. Read more

 

Equinom raises $20 million in Series C to boost plant-based nutrition solutions. “Leveraging our cutting-edge seed-to-plate food-application technology to create source ingredients, Equinom helps market-leading food brands turn regular food into super food,” said CEO Gil Shalev. Read more 

 

Appointments | Nayax appoints Sagit Manor as Chief Financial Officer. Manor replaces Liron Grosman, who has held the position for four years. Read more