1.5B

AI is a data problem. Now Cyera is raising up to $300M on a $1.5B valuation, to secure it

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A cybersecurity startup called Cyera is betting that the next big challenge in enterprise data protection will be AI, and it’s raising a big round of funding as demand picks up for it. The company — which builds AI-enhanced tools to create accurate pictures of where and how data is being used in organizations’ networks … Read more

TikTok to invest $1.5B in GoTo’s Indonesia e-commerce business

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ByteDance’s TikTok will take a 75.01% controlling stake in a joint venture entity formed in partnership with GoTo’s e-commerce unit Tokopedia, the two tech firms announced on Monday. TikTok will invest $1.5 billion in the combined entity over time “to provide future funding required by the business, without any additional dilution to GoTo’s 24.99% stake,” … Read more