Iron Mountain announced today that it’s acquiring the U.S. data center assets of IO Data Centers for a cool $1.3 billion — and the price tag could potentially go higher.
With today’s purchase, Iron Mountain gets some serious assets, including four state-of-the-art data centers in Phoenix and Scottsdale, Arizona; Edison, New Jersey; and Columbus, Ohio.
Iron Mountain, which has mostly been known for digital and physical records management, including storing and shredding of physical documents, has been quietly expanding its business this year to include physical data centers.
“We continue to experience strong demand and growth in our data center business with a focus on establishing a presence in the largest global markets for colocation and enterprise customers.
A fledgling lidar startup is launching out of stealth today, backed by more than $30 million in investors’ money. San Francisco-based Ouster has officially unveiled its OS1 lidar, which it said represents a “step-change in lidar sensing technology” compared to what is currently available elsewhere on the market, with “marked improvements in mass, form factor, and power requirements.”
Ouster said that in addition to improvements in form factor and power requirements, its 64-channel lidar sensor, which is shipping now, also matches the resolution of the highest performing automotive lidar technology available today.
By way of a quick recap, lidar is a method of surveying the environment with laser-powered light, often used to make high-resolution maps.
Ouster was founded in early 2016 by CEO Angus Pacala and CTO Mark Frichtl, and the startup has been operating under the lidar radar in the nearly two years since.
Cybersecurity startup Menlo Security has closed a $40 million series C round of funding from American Express Ventures, Ericsson Ventures, HSBC, JPMorgan Chase, General Catalyst, Sutter Hill Ventures, Osage University Partners, and Engineering Capital.
Founded out of Menlo Park, California in 2013, Menlo Security’s raison d’être is to protect organizations from cyberattacks by blocking malware from the web, documents, and email.
The company claims “millions of users” at “hundreds of companies” are currently protected by its cloud-based platform, including Macy’s and Fujitsu.
The company had previously raised a total of $45 million and with its latest cash injection said it plans to grow its sales and marketing efforts globally.
Facebook’s “Poke” feature has never really gone away, but now the social network is giving it a more prominent placement – and is even considering expanding the set of casual greeting options to include others, like a wink, wave, high-five or hug.
Though Facebook had never really discontinued the age-old feature, which serves as a quick way to get someone’s attention on its network, it has now given the Poke a highly visible spot.
At the top of users’ profiles on mobile, the Poke button sits next to a Message button, and right below your friend’s name and photo.
“When we created the poke, we thought it would be cool to have a feature without any specific purpose,” Facebook had explained in the past.
After an eventful (and sometimes challenging) year for Soylent, co-founder Rob Rhinehart announced today that he will resign as the meal replacement shake company’s chief executive officer.
In his post, Rhinehart said that since Soylent is no longer in the early startup stage, he “decided to pass the reins to a new CEO with more management and industry experience.” Crowley joined Rosa Foods in June after twenty years working in the food industry, most recently as chief strategy officer at kombucha maker KeVita, which was acquired by PepsiCo in December 2016.
Rhinehart, who will continue as Soylent’s executive chairman and largest shareholder, added that Crowley “has been Soylent’s president for the better part of a year and has already had an untold positive impact improving our distribution, marketing, supply chain, product and organization—all the things a good CEO should do.
Soylent has raised about $74.5 million in funding, including a $50 million Series B round led by GV that closed earlier this year.
Tempered Networks has raised another $7 million to help protect companies from cyberattacks with its “identity-defined networking” technology.
Jeff Hussey, the company’s co-founder and CEO who formerly helped start F5 Networks, said the fresh cash will be used for “general corporate purposes.” Investors in the round include Ignition Partners; Ridge Ventures; Rally Capital; and Fluid Capital.
Founded in 2014, Tempered Networks originally focused on IoT security, but today its flagship product is networking infrastructure software that also acts as a layer of security.
Tempered Networks sells its technology in industrial sectors such as oil & gas, utilities and manufacturing.
A newly discovered Russian hacking group is said to have stolen at least $10 million from banks in the United States, United Kingdom and Russia according to a newly published report.
The claim comes from Moscow-based cybersecurity firm Group-IB, who says the group, dubbed “MoneyTaker,” has stolen funds from 20 companies with 16 of the attacks targeting U.S organizations, three attacks on Russian banks and one bank in the U.K.
Of the organizations targeted in the U.S., the groups first attack involved a bank utilizing First Data Corp.’s “STAR” card processing system used by automatic teller machines.
Attributing the various hacks to MoneyTakers is claimed to have been difficult given to the different methods they have so far used to steal money.
Verizon subscribers have long had the perk of live NFL mobile game streaming, but that will change next year.
Overall, mobile customers will get access to national games, in-market games, regular season, pre-season, and playoff games, plus the Super Bowl, with everything starting next month when the playoffs arrive.
Verizon will also be working with NFL teams on Smart Stadium tech, which the carrier says will “improve stadium operations,” though no other details on that were provided.
The NFL is a great partner for us and we are excited to take its premier content across a massive mobile scale so viewers can enjoy live football and other original NFL content where and how they want it.
A cross-section of experts who understand the challenges of buying and selling internet infrastructure globally have signed on as investors in the seed round for San Francisco-based Inflect.
The $3 million Series Seed round includes both sides of the industry: internet startup veterans with first-hand knowledge of the challenges faced when searching for and buying internet infrastructure globally, as well as the service providers who struggle to reach buyers directly.
When I was last living in Melbourne, the startup scene was still in its nascent stages.
Our first stop was to StartupCloud, a small coworking space above retail outlets in Geelong’s shopping area.
There are a handful of other coworking spaces in Geelong, with most used by freelancers and small business owners rather than startup teams.
Later in the afternoon, I visited the Makers Hub project of Creative Geelong, an organization that aims to have a positive impact on the future of the city by helping projects that increase creative industries.
The Federal Communications Commission's net neutrality repeal "is based on a flawed and factually inaccurate understanding of Internet technology," a group of inventors and technologists told members of Congress and the FCC in a letter today.
The letter's 21 signers include Internet Protocol co-inventor Vint Cerf; World Wide Web inventor Tim Berners-Lee; Apple co-founder Steve Wozniak, public-key cryptography inventors Whitfield Diffie and Martin Hellman; RSA public-key encryption algorithm co-inventor Ronald Rivest; Paul Vixie, who designed several widely used Domain Name System (DNS) protocol extensions and applications; and security expert and professor Susan Landau, who has fought against government attempts to make phone encryption less secure.
The letter calls for a delay of this Thursday's FCC vote to deregulate broadband service and eliminate net neutrality rules.
It is important to understand that the FCC's proposed Order is based on a flawed and factually inaccurate understanding of Internet technology.