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Archipelo Emerges from Stealth Mode with $12M Funding to Revolutionize Code Security for Humans and AI
Archipelo, a San Francisco-based cybersecurity startup, recently emerged from stealth mode, securing $12 million in funding to enhance Developer Security Posture Management (DevSPM) amid rising AI software applications. CEO Matthew Wise highlights the market gap for effective developer security tools, noting that human error causes over 74% of security breaches, compounded by the complexities of AI-generated code. The funding, led by Dell Technologies Capital, will support product expansion and market entry, positioning Archipelo to compete with established players like Palo Alto Networks and Microsoft Defender. With clients among Fortune 500 companies, Archipelo aims to bolster security for AI-driven development.
US Lawmakers Push for Public Hearing on Apple ‘Backdoor’ Controversy at UK Spy Court
Bipartisan U.S. lawmakers, led by Senator Ron Wyden, are pushing for transparency regarding Apple’s challenge to a secret legal demand from the U.K. government. In a letter to the U.K.’s Investigatory Powers Tribunal, they called for an open hearing, emphasizing concerns over user privacy and constitutional rights. The alleged U.K. order would require Apple to create a “backdoor” for government access to customer data, which Apple has resisted. The tribunal is set for a private hearing soon, while civil rights groups are also advocating for transparency and questioning the legality of the U.K.’s demands.
US Government to Launch Cyber Trust Mark: A Game-Changer for Cybersecurity Labels on Internet-Connected Devices in 2025
The U.S. government has announced the upcoming launch of its highly anticipated cybersecurity labeling program for consumer internet-connected devices, set to begin in 2025. This initiative, known as the U.S. Cyber Trust Mark, aims to enhance device security and empower consumers to make informed purchasing decisions. What is the U.S. Cyber Trust Mark? Introduced by…
Unlocking Tech Resilience: Breakout Startups and the Reinvention of Banking at StrictlyVC London 2023
On May 13, London will host the StrictlyVC event, uniting top investors and innovative entrepreneurs to enhance connections in the tech sector. Partnering with TechCrunch, the event features notable speakers like Nazo Moosa of Paladin Capital Group, Sonali De Rycker of Accel, and TS Anil of Monzo Bank. Attendees can expect discussions on strategic investments in cybersecurity, AI, and deep tech, insights into identifying Europe’s next tech leaders, and Monzo’s growth journey. Limited seating makes this exclusive opportunity essential for those in the venture capital community. Register now to secure your spot and gain valuable knowledge.
Ukraine’s Defense Tech Revolution: Europe’s Strategic Focus Three Years On
Today marks the third anniversary of Russia’s invasion of Ukraine, showcasing the resilience and innovation of the Ukrainian people despite ongoing conflict. Ukraine’s defense initiatives, such as BRAVE1, aim to enhance military capabilities and foster technological advancement, particularly in AI-enabled drone technology. European investment in defense startups has surged, with over $1 billion allocated in 2024, highlighting a shift towards military innovation. Startups like Technary and Dropla are developing solutions for drone reporting and de-mining. As Europe reassesses its security, collaboration with Ukraine’s tech sector will be vital for future preparedness against threats.