Augment

VMware is currently exposed to a security vulnerability. Papaya Global, raised its Series C funding round of over $100 Million


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Over 6500 servers of the enterprise software VMware are currently exposed due to a security vulnerability. This vulnerability exposes servers and allows malware to be slipped into unpatched devices to take over companies’ entire networks. The situation has been classified as “Highly Critical” and was reported to VMware, who have released official patches and are urging all customers to update their systems as soon as possible.

Salesforce has been getting into a string of amazing investments over the last financial year.They have declared a whopping 2.17-Billion-dollar gain on Investments made. This is primarily due to investments in companies like snowflake and nCino. Snowflake had an amazing Q4 where their revenue rose by 117% raking in 190 Million dollars.

Tel Aviv based payroll and management cloud platform company, Papaya Global, raised its Series C funding round of over $100 Million last week. This brings their valuation to over $1Billion dollars. In total, Papaya has now raised $190 million from Series B and C since October last year. Papaya will use the new funding to meet the strong demand for its global workforce management platform, reinforce its market leadership, as well as invest in its product, engineering and go-to-market teams.

Austin Texas based company, Jungle Scout, raised $110m in growth funding led by Summit Partners and Jungle Scout Founder & CEO Greg Mercer. The company intends to use the funds to expand its technology suite by acquiring Seattle-based Downstream Impact, an Amazon advertising technology company founded by former Amazon employees Connor and Salim in 2017. This acquisition is aimed at extending Jungle Scout’s SaaS platform to support Walmart, and continue to scale its capabilities in advertising and full-scale ecommerce brand management.

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AugmentBy PeopleAtom