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Gigya Raises $25 Million Funding

Gigya has closed a $25 million funding round led by Greenspring Associates. Existing investors including Benchmark Capital, Mayfield Fund, DAG Ventures and Advance Publications, also participated in the round. With the closing of this round, Gigya has raised $70 million in venture funding.

Gigya provides solutions to consolidate and manage permission-based identity and behavior data.

[Image courtesy: Gigya]

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Windows 11 Start menu ads are now rolling out to everyone — The Verge

Microsoft is starting to enable ads inside the Start menu on Windows 11 for all users, writes Tom Warren. 

Biden signs TikTok ‘ban’ bill into law, starting the clock for ByteDance to divest it — The Verge

President Joe Biden signed a foreign aid package that includes a bill that would ban TikTok if China-based parent company ByteDance fails to divest the app within a year, writes Lauren Feiner.

IBM to acquire HashiCorp for $6.4B

IBM and HashiCorp have entered into an agreement for IBM to acquire HashiCorp, a provider of infrastructure and security management products, for $6.4 billion.