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Gary Edwards

FeedHenry Secures $9M Funding Led By Intel Capital To Feed Boom in Mobile Enterprise | ... - 0 views

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    FeedHenry provides a cloud Mobile Application Platform that simplifies the development, integration, deployment and management of secure mobile apps for business. This mobile platform-as-a-service (PaaS) allows apps to be developed in HTML5, JavaScript, and CSS and deployed to multiple mobile devices from a single code base. The node.js backend service offers a complete range of APIs designed to simplify and secure the connectivity of mobile apps to backend and third party systems. The platform can be deployed to private, public or hybrid clouds. FeedHenry's PaaS offers developers speed of development, instant scalability, device and cloud independence, and the ability to easily integrate to backend information. ................................ If, say, a company uses both Sharepoint and Salesforce inside a mobile app, to get that data into one app they need multiple levels of API integration. Because of the enormous boom in mobile and tablet apps, so-called 'back-end as a service' (BaaS) platforms like FeedHenry - which solve these problems - are hugely expanding. Thus, today FeedHenry has secured $9M (€7M) in a funding round led by Intel Capital, alongside a "seven figure" investment from existing investor Kernel Capital. Other existing investors VMware Inc., Enterprise Ireland and private investors also participated and were joined by new investment from ACT Venture Capital. The funds will be used on an international roll out. FeedHenry's mobile application platform - built between Ireland and the U.S. - helps businesses build mobile apps that integrate securely to their business through the cloud. This is a competitive market that includes StackMob, Usergrid, Appcelerator, Sencha.io, Applicasa ,Parse, CloudMine , CloudyRec , iKnode, yorAPI, Buddy and ScottyApp.
Gary Edwards

Google News - 0 views

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    Prepare to be blown away. I viewed a demo of Numecent today and then did some research. There is no doubt in my mind that this is the end of the shrink wrapped- Microsoft business model. It's also perhaps the end of software application design and construction as we know it. Mobile apps in particular will get blasted by the Numecent "Cloud - Paging" concept. Extraordinary stuff. I'll leave a few useful links on Diigo "Open Web". "Numecent, a company that has a new kind of cloud computing technology that could potentially completely reorganize the way software is delivered and handled - upending the business as we know it - has another big feather in its cap. The company is showing how enterprises can use this technology to instantly put all of their enterprise software in the cloud, without renegotiating contracts and licenses with their software vendors. It signed $3 billion engineering construction company Parsons as a customer. Parsons is using Numecent's tech to deliver 4 million huge computer-aided design (CAD) files to its nearly 12,000 employees around the world. CAD drawings are bigger than video files and they can only be opened and edited by specific CAD apps like AutoCAD. Numecent offers a tech called "cloud paging" which instantly "cloudifies" any Windows app. Instead of being installed on a PC, the enterprise setup can deliver the app over the cloud. Unlike similar cloud technologies (called virtualization), this makes the app run faster and continue working even when the Internet connection goes down. "It's offers a 95% reduction in download times and 95% in download network usage," CEO Osman Kent told Business Insider. "It makes 8G of memory work like 800G." It also lets enterprises check in and check out software, like a library book, so more PCs can legally share software without violating licensing terms, saving money on software license fees, Kent says. Parson is using it to let employees share over 700 huge applications such as Au
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    Sounds like Microsoft must-buy-or-kill technology.
Gary Edwards

'Returnees' dominate Chinese startup culture - Tech News and Analysis - 0 views

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    excerpt: In China, the red-hot tech scene seems dominated by a small group of entrepreneurs who paid their dues in Silicon Valley before returning home to create successful Internet and software startups. Aside from finding fame and fortune, these "returnees" are also laying the foundation for a startup culture that will allow grassroots entrepreneurs to flourish as well. Returnees - Chinese nationals who studied or worked the U.S. - head up just 3 percent of all tech companies in China, yet they represent nearly 70 percent of all startups that go public in the U.S. market (still the largest measure of success in the industry), according to an internal study by Palo Alto, Calif.-based venture capital firm GSR Ventures, which deals exclusively in China. The firm also found startups created by returnees were much likelier to become financially successful and hire more employees than startups founded by Chinese entrepreneurs who never worked in the U.S. Part of that may be cultural: a culture Jack Jia, a partner at GSR sees changing, albeit slowly. he still sees a "drastic" disparity between startups founded by home-grown entrepreneurs and their returnee counterparts during pitching sessions and business plan competitions all across China. Thus, he rarely funds companies headed up by Chinese engineers without managerial-level experience at tech companies in the U.S., even though he would like to encourage the growth of Chinese entrepreneurs who have stayed at home. "Most have no clue what they are doing. The basic expertise, the passion and experience is often lacking," he said. "And it's not that they don't have the same talent or ability, it's just they haven't been exposed to the same things as their American counterparts."
Gary Edwards

Nebula Builds a Cloud Computer for the Masses - Businessweek - 0 views

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    Fascinating story about Chris Kemp of OpenStack fame, and his recent effort to commoditize Cloud Computing hardware/software systems - Nebula excerpt: "Though it doesn't look like much, (about the size of a four-inch-tall pizza box) Nebula One is the product of dozens of engineers working for two years in secrecyin Mountain View, Calif. It has attracted the attention of some of Silicon Valley's top investors. The three billionaires who made the first investment in Google-Andy Bechtolsheim, David Cheriton, and Ram Shriram-joined forces again to back Nebula One, betting that its technology will invite a dramatic shift in corporate computing that outflanks the titans of the industry. "This is an example of where traditional technology companies have failed the market," says Bechtolsheim, a co-founder of Sun Microsystems (ORCL) and famed hardware engineer. Kleiner Perkins Caufield & Byers, Comcast Ventures, and Highland Capital Partners have also backed Kemp's startup, itself called Nebula, which has raised more than $30 million. The origins of Nebula One go back to Kemp's days at NASA, which he joined in 2006 as director of strategic business development. In 2007, he became a chief information officer, making him, at 29, the youngest senior executive in the U.S. government. In 2010, he became NASA's chief technology officer. Kemp spent much his time at NASA developing more efficient data centers for the agency's various computing efforts. He and a team of engineers built the early parts of what is now known as OpenStack, software that makes it possible to control an entire data center as one computer. To see if other companies could take the idea further, Kemp made the software open source. Big players such as AT&T (T), Hewlett-Packard, IBM, and Rackspace Hosting (RAX) have since incorporated OpenStack into the cloud computing services they sell customers. Kemp had an additional idea: He wanted to use OpenStack as a way to give every company its
Gary Edwards

Ticked off: How stock market decimalization killed IPOs and ruined our economy ~ I, Cri... - 0 views

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    Really interesting blog from Robert X.  Wealth through productivity vs wealth through accumulation and the important but seriously declining role of IPO's. excerpt: "Big business grows by economies of scale, economies of scale are gained by increasing efficiency, and increased efficiency in big business always - always - means creating more economic output with fewer people. More economic output is good, but fewer people is bad if you need 100,000 new jobs per month just to provide for normal U.S. population growth. This is the ultimate irony of policies that declare companies too big to fail when in fact they are more properly too big to survive. Our policy obsession with helping big business no matter which party is in power has been a major factor in our own economic demise because it doesn't create jobs. Our leaders and would-be leaders are really good at talking about the value of small and medium size businesses in America but really terrible about actually doing much to help. Now here comes the important part: if small businesses, young businesses, new businesses create jobs, then Initial Public Offerings create wealth. Wealth creation is just as important as job creation in our economy but too many experts get it wrong when they think wealth creation and wealth preservation are the same things, because they aren't." ................. The fundamental error of trickle-down (Supply Side) economics is that it is dependent on rich people spending money which they structurally can't do fast enough to matter, and philosophically won't do because their role in the food chain is about growth through accumulation, not through new production. ..............................................
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    I'm less than convinced that IPOs create wealth, in terms of the aggregate wealth of the nation. Most of the "wealth" created by IPOs goes to the previous owner's of the business, plus whatever speculators can maneuver to acquire through capital gains. But waving the "IPO wand" does not magically boost productivity, business outputs, or business profitability. So if "wealth" is created, it is faux wealth. I think Cringely ventures too far from what the real argument is about: levels of government taxation and creating jobs. Supply Side economics is in reality an argument against taxing the wealthy. But Cringely doesn't even touch on the taxation issue. I also do not agree with his "Steve Jobs created 50,000 new jobs" schtick because he does not take into account how many jobs were destroyed in the process. But modern information technology has unquestionably destroyed more jobs than it has created; the technology never would have succeeded had it not boosted individual productivity to a point that massive numbers of employees could be laid off. For example, remember the days when you could call a business and have a human being answer the phone and direct your call to the right person? That lady doesn't have that job anymore because of voice menu/mail technology. IT is all about doing more with fewer people. In the context of jobs and taxation levels, the fundamental error of Supply Side Economics is not the distinction between wealth accumulation and wealth creation. The real fundamental error is globalism, government policies that create enormous incentives to invest capital outside the U.S. Supply Side Economics simply blinks past that enormously inconvenient reality. To illustrate, let's try remodeling trickle-down economics in a way that has a prayer of producing more and better-paying jobs in the U.S. (Over-simplification warning.) -- The U.S. withdraws from all trade agreements standing in the way and repeals all laws inconsistent with the goal of
Gary Edwards

Andreessen Horowitz & the Meteor investment - 0 views

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    Web site for Andreessen Horowitz VC. List of blogs for general partners. The reason for linking into a16z is the $11.2 Million they invested in Meteor! Meteor is awesome. My guess is that Meteor will provide a very effective Cloud platform to replace or extend the Windows Client/Server business productivity platform. Many VC watchers are wondering if a16z can recover the investment? Say what? IMHO this is for all the marbles. Platform is everything, and Cloud Computing is certain to replace Client/Server over time. Meteor just move that time frame from a future uncertainty to NOW. The Windows Productivity Platform has dominated Client/Server computing since the introduction of Windows 4 WorkGroups (v3.11) in 1992. Key technologies that followed or were included in v3.11 were DDE, OLE, MAPI, ODBC, ActiveX, and Visual Basic scripting - to name but a few. Meteor is an open source platform that hits these technologies directly with an approach that truly improves the complicated development of all Cloud based Web Apps - including the sacred Microsoft Cow herd of client/server business productivity apps. Meteor nails OLE and ODBC like nothing i've ever seen before. Very dramatic stuff. Maybe they are nailing shut the Redmond coffin in the process - making that $11.2 Mill a drop in the bucket considering the opportunity Meteor has cracked open. The iron grip Microsoft has on business productivity is so tight and so far reaching that one could easily say that Windows is the client in Client/Server. But it took years to build that empire. With this investment, Meteor could do it in months. Compound documents are the fuel in Windows business productivity and office automation systems. Tear apart a compound document, and you'll find embedded logic for OLE and ODBC. Sure, it's brittle, costly to develop, costly to maintain, and a bear to distribute. Tear apart a Meteor productivity service and you'll find the same kind of OLE-ODBC-Script
Gary Edwards

IntalioCloud takes on Salesforce.com » VentureBeat - 0 views

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    IntalioCloud takes on Salesforce.com with public-private cloud design. Note that business applications developed for use in Salesforce's platform have to use the company's proprietary programming language, while IntalioCloud is open to many languages such as JavaScript and Ruby. Third, Intalio says it provides 25 gigabytes of data storage per account, much more than Salesforce. $42 Mill in VC The nexxus here is that both salseforce.com and Intalio need to provide integration into the MSOffice productivity environment to compete with Microsoft Azure.
Paul Merrell

European Lawmakers Demand Answers on Phone Key Theft - The Intercept - 0 views

  • European officials are demanding answers and investigations into a joint U.S. and U.K. hack of the world’s largest manufacturer of mobile SIM cards, following a report published by The Intercept Thursday. The report, based on leaked documents provided by NSA whistleblower Edward Snowden, revealed the U.S. spy agency and its British counterpart Government Communications Headquarters, GCHQ, hacked the Franco-Dutch digital security giant Gemalto in a sophisticated heist of encrypted cell-phone keys. The European Parliament’s chief negotiator on the European Union’s data protection law, Jan Philipp Albrecht, said the hack was “obviously based on some illegal activities.” “Member states like the U.K. are frankly not respecting the [law of the] Netherlands and partner states,” Albrecht told the Wall Street Journal. Sophie in ’t Veld, an EU parliamentarian with D66, the Netherlands’ largest opposition party, added, “Year after year we have heard about cowboy practices of secret services, but governments did nothing and kept quiet […] In fact, those very same governments push for ever-more surveillance capabilities, while it remains unclear how effective these practices are.”
  • “If the average IT whizzkid breaks into a company system, he’ll end up behind bars,” In ’t Veld added in a tweet Friday. The EU itself is barred from undertaking such investigations, leaving individual countries responsible for looking into cases that impact their national security matters. “We even get letters from the U.K. government saying we shouldn’t deal with these issues because it’s their own issue of national security,” Albrecht said. Still, lawmakers in the Netherlands are seeking investigations. Gerard Schouw, a Dutch member of parliament, also with the D66 party, has called on Ronald Plasterk, the Dutch minister of the interior, to answer questions before parliament. On Tuesday, the Dutch parliament will debate Schouw’s request. Additionally, European legal experts tell The Intercept, public prosecutors in EU member states that are both party to the Cybercrime Convention, which prohibits computer hacking, and home to Gemalto subsidiaries could pursue investigations into the breach of the company’s systems.
  • According to secret documents from 2010 and 2011, a joint NSA-GCHQ unit penetrated Gemalto’s internal networks and infiltrated the private communications of its employees in order to steal encryption keys, embedded on tiny SIM cards, which are used to protect the privacy of cellphone communications across the world. Gemalto produces some 2 billion SIM cards a year. The company’s clients include AT&T, T-Mobile, Verizon, Sprint and some 450 wireless network providers. “[We] believe we have their entire network,” GCHQ boasted in a leaked slide, referring to the Gemalto heist.
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  • While Gemalto was indeed another casualty in Western governments’ sweeping effort to gather as much global intelligence advantage as possible, the leaked documents make clear that the company was specifically targeted. According to the materials published Thursday, GCHQ used a specific codename — DAPINO GAMMA — to refer to the operations against Gemalto. The spies also actively penetrated the email and social media accounts of Gemalto employees across the world in an effort to steal the company’s encryption keys. Evidence of the Gemalto breach rattled the digital security community. “Almost everyone in the world carries cell phones and this is an unprecedented mass attack on the privacy of citizens worldwide,” said Greg Nojeim, senior counsel at the Center for Democracy & Technology, a non-profit that advocates for digital privacy and free online expression. “While there is certainly value in targeted surveillance of cell phone communications, this coordinated subversion of the trusted technical security infrastructure of cell phones means the US and British governments now have easy access to our mobile communications.”
  • For Gemalto, evidence that their vaunted security systems and the privacy of customers had been compromised by the world’s top spy agencies made an immediate financial impact. The company’s shares took a dive on the Paris bourse Friday, falling $500 million. In the U.S., Gemalto’s shares fell as much 10 percent Friday morning. They had recovered somewhat — down 4 percent — by the close of trading on the Euronext stock exchange. Analysts at Dutch financial services company Rabobank speculated in a research note that Gemalto could be forced to recall “a large number” of SIM cards. The French daily L’Express noted today that Gemalto board member Alex Mandl was a founding trustee of the CIA-funded venture capital firm In-Q-Tel. Mandl resigned from In-Q-Tel’s board in 2002, when he was appointed CEO of Gemplus, which later merged with another company to become Gemalto. But the CIA connection still dogged Mandl, with the French press regularly insinuating that American spies could infiltrate the company. In 2003, a group of French lawmakers tried unsuccessfully to create a commission to investigate Gemplus’s ties to the CIA and its implications for the security of SIM cards. Mandl, an Austrian-American businessman who was once a top executive at AT&T, has denied that he had any relationship with the CIA beyond In-Q-Tel. In 2002, he said he did not even have a security clearance.
  • AT&T, T-Mobile and Verizon could not be reached for comment Friday. Sprint declined to comment. Vodafone, the world’s second largest telecom provider by subscribers and a customer of Gemalto, said in a statement, “[W]e have no further details of these allegations which are industrywide in nature and are not focused on any one mobile operator. We will support industry bodies and Gemalto in their investigations.” Deutsche Telekom AG, a German company, said it has changed encryption algorithms in its Gemalto SIM cards. “We currently have no knowledge that this additional protection mechanism has been compromised,” the company said in a statement. “However, we cannot rule out this completely.”
  • Update: Asked about the SIM card heist, White House press secretary Josh Earnest said he did not expect the news would hurt relations with the tech industry: “It’s hard for me to imagine that there are a lot of technology executives that are out there that are in a position of saying that they hope that people who wish harm to this country will be able to use their technology to do so. So, I do think in fact that there are opportunities for the private sector and the federal government to coordinate and to cooperate on these efforts, both to keep the country safe, but also to protect our civil liberties.”
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    Watch for massive class action product defect litigation to be filed against the phone companies.and mobile device manufacturers.  In most U.S. jurisdictions, proof that the vendors/manufacturers  knew of the product defect is not required, only proof of the defect. Also, this is a golden opportunity for anyone who wants to get out of a pricey cellphone contract, since providing a compromised cellphone is a material breach of warranty, whether explicit or implied..   
Paul Merrell

The Million Dollar Dissident: NSO Group's iPhone Zero-Days used against a UAE Human Rig... - 0 views

  • 1. Executive Summary Ahmed Mansoor is an internationally recognized human rights defender, based in the United Arab Emirates (UAE), and recipient of the Martin Ennals Award (sometimes referred to as a “Nobel Prize for human rights”).  On August 10 and 11, 2016, Mansoor received SMS text messages on his iPhone promising “new secrets” about detainees tortured in UAE jails if he clicked on an included link. Instead of clicking, Mansoor sent the messages to Citizen Lab researchers.  We recognized the links as belonging to an exploit infrastructure connected to NSO Group, an Israel-based “cyber war” company that sells Pegasus, a government-exclusive “lawful intercept” spyware product.  NSO Group is reportedly owned by an American venture capital firm, Francisco Partners Management. The ensuing investigation, a collaboration between researchers from Citizen Lab and from Lookout Security, determined that the links led to a chain of zero-day exploits (“zero-days”) that would have remotely jailbroken Mansoor’s stock iPhone 6 and installed sophisticated spyware.  We are calling this exploit chain Trident.  Once infected, Mansoor’s phone would have become a digital spy in his pocket, capable of employing his iPhone’s camera and microphone to snoop on activity in the vicinity of the device, recording his WhatsApp and Viber calls, logging messages sent in mobile chat apps, and tracking his movements.   We are not aware of any previous instance of an iPhone remote jailbreak used in the wild as part of a targeted attack campaign, making this a rare find.
  • The Trident Exploit Chain: CVE-2016-4657: Visiting a maliciously crafted website may lead to arbitrary code execution CVE-2016-4655: An application may be able to disclose kernel memory CVE-2016-4656: An application may be able to execute arbitrary code with kernel privileges Once we confirmed the presence of what appeared to be iOS zero-days, Citizen Lab and Lookout quickly initiated a responsible disclosure process by notifying Apple and sharing our findings. Apple responded promptly, and notified us that they would be addressing the vulnerabilities. We are releasing this report to coincide with the availability of the iOS 9.3.5 patch, which blocks the Trident exploit chain by closing the vulnerabilities that NSO Group appears to have exploited and sold to remotely compromise iPhones. Recent Citizen Lab research has shown that many state-sponsored spyware campaigns against civil society groups and human rights defenders use “just enough” technical sophistication, coupled with carefully planned deception. This case demonstrates that not all threats follow this pattern.  The iPhone has a well-deserved reputation for security.  As the iPhone platform is tightly controlled by Apple, technically sophisticated exploits are often required to enable the remote installation and operation of iPhone monitoring tools. These exploits are rare and expensive. Firms that specialize in acquiring zero-days often pay handsomely for iPhone exploits.  One such firm, Zerodium, acquired an exploit chain similar to the Trident for one million dollars in November 2015. The high cost of iPhone zero-days, the apparent use of NSO Group’s government-exclusive Pegasus product, and prior known targeting of Mansoor by the UAE government provide indicators that point to the UAE government as the likely operator behind the targeting. Remarkably, this case marks the third commercial “lawful intercept” spyware suite employed in attempts to compromise Mansoor.  In 2011, he was targeted with FinFisher’s FinSpy spyware, and in 2012 he was targeted with Hacking Team’s Remote Control System.  Both Hacking Team and FinFisher have been the object of several years of revelations highlighting the misuse of spyware to compromise civil society groups, journalists, and human rights workers.
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