Jit Banks Massive $38.5 Seed Round Funding

jit-banks-massive-$38.5-seed-round-funding

Jit, an Israeli startup promising technology to help developers simplify security when deploying cloud apps, has banked an eye-opening $38.5 million in seed-stage funding.

The funding round was Boldstart Ventures. Venture capital outfit Insight Partners and Tiger Global Management also invested.

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Adobe Plugs 46 Security Flaws on Patch Tuesday

adobe-plugs-46-security-flaws-on-patch-tuesday

Adobe’s security response team has pushed out a massive batch of patches to cover at least 46 vulnerabilities in a wide range of enterprise-facing software products.

As part of its scheduled Patch Tuesday release for June, Adobe warned of “critical” code execution flaws that expose both Windows and macOS users to malicious hacker attacks.

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HYCU Raises $53 Million for Data Backup Technology

hycu-raises-$53-million-for-data-backup-technology

Backup-as-a-service firm HYCU has raised $53 million in a Series B funding round that brings the total invested in the company to $140.5 million.

The new funding round was led by Acrew Capital, with participation from all previous investors, along with Atlassian Ventures and Cisco Investments.

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