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Ex-Amazon Security Chief Joins Capital One Board

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In a nod to just how important cybersecurity is becoming to larger firms within the financial space, Capital One said on Monday (Feb. Brought on board, in this case, is literal, as Capital One has created a new seat on its board of directors dedicated to cybersecurity.

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Israeli Tech Startups Closed $8.3B Investment Deals In 2019

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Israel’s technology sector had a banner year in 2019, raising $8.3 2019 marked a record year, capping a decade of successive increases in capital invested in the Israeli high-tech industry,” said Shmulik Zysman, ZAG founding partner. This growth is partly due to the growing foreign capital invested in the Israeli high-tech industry.”.

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Intel Eyes Purchase Of Traffic Data Firm Moovit For $1B

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American technology giant Intel has acquired Israel’s public transit app Moovit for $1 billion. Founded in 2012, Moovit — based in the Israel town of Ness Ziona — has raised $133 million led by BRM Capital, Hanako, BMW iVentures, Sequoia Capital Israel and Vintage Investments Capital.

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Target Aims To Purchase Delivery Startup Deliv

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Valued at $190 million two years ago, Deliv has raised $85 million in venture capital since its founding in 2012, according to PitchBook Data Inc. Deliv’s venture investors include General Catalyst, PivotNorth Capital, Redpoint Ventures and Upfront Ventures, according to its website. Google and Enterprise Holdings Inc.,

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London FinTech SumUp Gets Digital Money License From Irish Central Bank

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SumUp has been active in Ireland since 2012 and has introduced electronic payments to thousands of businesses. Over 3 million merchants use its technology and more than 7,000 firms join the platform daily, according to the statement. . Featuring next-day payouts, users can monitor all purchases and balances through the SumUp App. .

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Plaid Technologies Scores $44M Off Goldman Sachs-Led Round

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The week is getting off on just the right foot for the folks over at Plaid Technologies, who are announcing $44 million in new funding. Plaid Technologies announced Monday (June 20) that it had secured $44 million in funding courtesy of a round led by Goldman Sachs Investment Partners.

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Grab May See $1B Investment From SoftBank Vision Fund

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As it stands, Grab , which launched in 2012, has operations in areas like Thailand, Vietnam and Malaysia. As it tries to become the region’s “super app,” the company reportedly plans to invest in efforts like mobile payments, health technology and food delivery.

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