US charges Ukrainian national over alleged role in Raccoon Infostealer malware operation

U.S. officials have charged a Ukrainian national over his alleged role in the Raccoon Infostealer malware-as-a-service operation that infected millions of computers worldwide. Mark Sokolovsky — also known online as “raccoonstealer,” according to an indictment unsealed on Tuesday — is currently being held in the Netherlands while waiting to be extradited to the United States….

SwiftConnect, which lets employees use their phones to access the office, raises $17M

The widespread adoption of flexible work has increased the challenge of managing access to physical, commercial buildings, given the dynamic nature of hybrid workspaces. With today’s staffers coming and going to the office on unpredictable timetables, it can be tough to keep track of which have access to rooms and office resources. In a recent…

Unito, a platform for managing SaaS apps, raises $30M

Unito, a startup offering a service to bring together disparate software-as-a-service (SaaS) platforms — for example, Jira and Trello — today announced it raised $20 million in a Series B funding round led by CDPQ’s Equity 253 fund with participation from Rainfall Ventures, Investissement Québec, Bessemer Venture Partners, Tom Williams and Mistral Venture Partners. The…

Say goodbye to the notch? OTI raises $55M for technology to remove screen obstructions

OTI Lumionics, an eye-catching startup out of Canada that has been working on display materials for device makers to create uninterrupted, full-view displays on their devices without the need for “notches” or cut-outs to account for camera technology — and whose name has been connected with Apple as a key supplier for a future notch-free…

A prep checklist for startups about to undergo technical due diligence

Matt Van Itallie Contributor Share on Twitter Matt Van Itallie is the founder and CEO of Sema, which provides codebase analytics for M&A. Previously, the author offered a detailed overview of the technical due diligence (TDD) process investors conduct before injecting cash into early stage startups. In this follow-up, he offers a detailed checklist for…

Crowded’s app gives clubs, associations banking flexibility

Crowded, a free banking app targeting member-based nonprofit organizations, like fraternities, sororities and booster clubs, closed on $6 million to continue developing its suite of banking and member management tools. Organizations often open banking accounts at nearby institutions, while some groups, like fraternities, sororities and on-campus clubs, are required to bank through their student activities,…