The cybersecurity industry is burning — but VCs don’t care

The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! To say cybersecurity is booming would be an understatement. We’re talking about security companies’ skyrocketing valuations ($524.1 million on average) and the massive amount of funding ($12.2 billion just this year so far) investors are pouring into the industry, of […]

Industry Ventures Raises Oversubscribed $850 Million Secondary Fund

SAN FRANCISCO–(BUSINESS WIRE)–March 24, 2021– Industry Ventures, a leading investment firm focused on venture capital, announced today the final closing of Industry Ventures Secondary IX (“the Fund” or “Secondary IX”) at its $850 million hard cap. Consistent with the strategy of prior funds, Secondary IX will seek exposure to leading later-stage companies through flexible investment […]

The Gaming Industry Is Lagging Behind Sports In Advocating For Social Change

For years, the traditional sports industry has battled charges of sexism, racism and homophobia. But as of late, professional sports seem to have found redemption by being a fierce advocate for social change. The same, however, can’t always be said for the gaming community. In recent years, the world of traditional sports has used social […]

Microsoft is building Industry Clouds for health care and other fields

The coronavirus pandemic has put the world’s health care systems to the test, to say the least. The “flatten the curve” mantra is fundamentally about not overburdening these systems, after all — and Microsoft believes its Cloud for Healthcare can help. Announced this week at its Build 2020 event, Microsoft Cloud for Healthcare is a […]

How the tech industry will have to step up to fight online toxicity and child abuse

When it comes to fighting online toxicity and sexual abuse of children, most companies say they are supportive. But complying with the laws can become tricky. The proposed federal legislation, dubbed the EARN IT Act (short for Eliminating Abusive and Rampant Neglect of Interactive Technologies), creates incentives for companies to “earn” their liability protection for […]

Tech industry shifts dollars and manufacturing to fight coronavirus

U.S. President Donald Trump has asked the “great American industry” to help the country deal with the coronavirus. Tech companies are among those that are responding, both by wrangling donations and by shifting manufacturing to produce medical gear. In some ways, it feels like a war mobilization that is just beginning. The Defense Production Act […]