tech:

taffy

Ionic Security Closes $9.4M Series A-1 Round

Ionic Security  has closed a $9.4 million Series A-1 financing round. The investment was led by Kleiner Perkins Caufield & Byers (KPCB), and included TechOperators. Early investors  Ken Levine and Paul Judge also participated.

The capital will be used to expand Ionic’s engineering team, accelerate enterprise sales and increase awareness of its Fusion platform, says the company.

Ted Schlein , general partner at KPCB, and Tom Noonan , partner at TechOperators, will join the Ionic Security board.

Just in

Island raises $175M

Dallas, Texas-based enterprise browser company Island raised $175 million in Series D funding, raising the company's valuation to $3 billion.

Binance founder Changpeng ‘CZ’ Zhao sentenced to 4 months in prison — Gizmodo

Zhao pleaded guilty to money laundering violations as part of Binance’s agreement with the United States Department of Justice, writes Maxwell Zeff in Gizmodo. 

StepSecurity raises $3M

Seattle, WA-based cybersecurity startup StepSecurity has closed a $3 million seed funding round.

Microsoft’s latest Windows update breaks VPNs, and there’s no fix — PCWorld

Microsoft said this week that the most recent Windows security update for Windows 10 and Windows 11 may break VPN connections, writes Mark Hachman in PCWorld.