Funding

Laika Lands $50 Million Series C

NEW YORK — Laika, which operates a compliance platform for large businesses, has closed $50 million in Series C funding led by Fin Capital, with participation from new investor Centana Growth Partners as well as existing investors, including J.P. Morgan Growth Equity Partners, Canapi, and ThirdPrime. The new funding will support Laika’s continued product development and accelerating sales, marketing, and strategic […]

Funding

Directus Reels In $7 Million

BROOKLYN — Directus, an open source software company focused on democratizing data across the enterprise, has raised $7 million in Series A financing to build the industry’s first open data platform, which instantly adds an API and no-code app to any SQL database. True Ventures led the round with participation from seed investor Handshake Ventures. […]

Funding

Exotanium Raises $12 Million Series A Funding

ITHACA, NY — Exotanium, a startup offering a cloud resource optimization and management platform, has secured $12 million in series A funding. The round, led by Cambium Capital and Celesta Capital, provides vital funds needed to support the company’s future product roadmap, including the expansion to new platforms and hyperscalers, as well as the development of a self-service […]

Government

US Attorney Seizes $3.36 Billion in Crypto Fraud

Damian Williams, the United States Attorney for the Southern District of New York, and Tyler Hatcher, the Special Agent in Charge of the Internal Revenue Service, Criminal Investigation, Los Angeles Field Office (“IRS-CI”), announced that JAMES ZHONG pled guilty to committing wire fraud in September 2012 when he unlawfully obtained over 50,000 Bitcoin from the […]