CFOtech US - Technology news for CFOs & financial decision-makers

Fortune 500 stories - Page 9

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NTT DATA & Rubrik enhance global ransomware protection

Tue, 25th Mar 2025
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endpoint protection
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advanced persistent threat protection
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partner programmes
NTT DATA and Rubrik have unveiled a global partnership to bolster ransomware protection for Fortune 500 firms, enhancing cyber recovery services and resilience.
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Seattle AI startup Gradial secures USD $13m funding boost

Fri, 21st Mar 2025
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hyperscale
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supply chain
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agentic ai
Seattle-based AI startup Gradial has raised USD $13 million in Series A funding, aiming to enhance its marketing automation platform amid rapid revenue growth.
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AI adoption grows among finance leaders despite worries

Mon, 17th Mar 2025
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fintech
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ai
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celonis
A new report reveals that while 54% of finance leaders are embracing AI for automation, 60% remain concerned about process transparency limiting its benefits.
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Top 10% of sellers generate 65% of enterprise revenue

Fri, 14th Mar 2025
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crm
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ai
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trends & predictions
A study by Clari Labs reveals that just 10% of top sellers account for 65% of enterprise revenue, exposing major inefficiencies in sales practices.
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IT leaders say tech investments not fully utilised: report

Fri, 28th Feb 2025
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data analytics
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genai
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ai
Research from Celonis reveals that 75% of senior IT leaders believe they are underusing technology investments, hindering potential innovation and ROI.
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Veeam partners with Microsoft to enhance AI data resilience

Fri, 28th Feb 2025
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virtualisation
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data protection
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cloud security
Veeam has announced an expanded partnership with Microsoft, integrating AI to boost data resilience for clients, including 77% of Fortune 500 companies.
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Verkada secures $200m funding to enhance market presence

Thu, 20th Feb 2025
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advanced persistent threat protection
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physical security
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ai
Verkada has secured $200 million in Series E funding, boosting its valuation to $4.5 billion, to enhance its AI-driven security solutions.
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Senetas sells Votiro to Menlo Security for USD $37.5m

Thu, 20th Feb 2025
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data protection
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advanced persistent threat protection
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cybersecurity
Senetas has sold its subsidiary Votiro to Menlo Security for USD $37.5 million, a strategic move expected to enhance its position in the cybersecurity market.
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SambaNova launches fastest deployment of DeepSeek-R1 model

Wed, 19th Feb 2025
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semiconductors
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endpoint protection
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edr
SambaNova has achieved a breakthrough in AI deployment, unveiling the DeepSeek-R1 model's remarkable speed of 198 tokens per second, revolutionising efficiency in processing.
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New metric introduced to measure value of cybersecurity

Wed, 19th Feb 2025
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financial systems
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cybersecurity
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leadership
A report by HackerOne reveals security leaders' doubts over traditional ROI metrics, introducing Return on Mitigation to better assess cybersecurity investments.
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Cribl surpasses $200m annual recurring revenue mark

Mon, 27th Jan 2025
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customers
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deloitte
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it professionals
Cribl has announced it surpassed $200 million in annual recurring revenue, recording over 70% growth, following a $319 million funding round in 2024.
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Ajay Garg joins Saviynt as Chief Development Officer

Fri, 24th Jan 2025
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firewalls
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digital transformation
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cloud security
Ajay Garg has been appointed Chief Development Officer at Saviynt, bringing extensive expertise from Palo Alto Networks to enhance the identity security platform.
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Databricks secures USD $10bn funding, USD $5.25bn credit

Thu, 23rd Jan 2025
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data analytics
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genai
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ai
Databricks has secured USD $10 billion in Series J funding and a USD $5.25 billion credit facility to enhance its AI capabilities and global reach.
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Abnormal Security appoints new CFO ahead of public listing

Thu, 23rd Jan 2025
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saas
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ai
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cybersecurity
Abnormal Security has appointed Lisa Banks as Chief Financial Officer as it gears up for an initial public offering, aiming for over USD $1 billion in annual revenue.
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Josef secures more funding to enhance legal AI offering

Tue, 10th Dec 2024
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martech
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cdp
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genai
Josef has secured new funding to enhance its AI-driven tool, Josef Q, capitalising on strong demand from corporate legal teams since its North American launch.
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Cribl secures USD $319 million in Series E led by Google Ventures

Thu, 29th Aug 2024
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firewalls
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network security
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breach prevention
Cribl secures USD $319 million in Series E funding, valuing the company at USD $3.5 billion, with Google Ventures leading the round and joining the board.
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Survey reveals AI-led security critical for business growth

Wed, 12th Jun 2024
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advanced persistent threat protection
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threat intelligence
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cyber threat
A survey by OpenText Cybersecurity reveals 92.5% of businesses see AI-led security as crucial for growth, with MSPs and MSSPs prioritising AI integration.
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Integrity360 & Armis secure cyber partnership across EMEA

Fri, 24th May 2024
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iot
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advanced persistent threat protection
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partner programmes
Integrity360 partners with Armis to strengthen cybersecurity across Europe, enhancing digital asset visibility and threat management for multiple sectors.
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Aqua Security makes inaugural Fortune Cyber 60 list

Thu, 28th Dec 2023
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cloud security
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application security
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supply chain
Aqua Security acknowledged as key start-up in inaugural Fortune Cyber 60, heralding rapid growth in cloud-native security.