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Cyberpion raises $8.25M

Cybersecurity company Cyberpion has raised $8.25 million, in seed funding. The investment was co-led by Team8 Capital and Hyperwise Ventures.

In a statement announcing the funding, the company said it is also coming out of stealth mode. “Following rapid growth in both research and development as well as winning new customers that include Fortune 500 companies, we are excited to emerge from stealth and champion the rising ecosystem security sector,” said Cyberpion founder and CEO Dr. Nethanel Gelernter.

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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.

Oracle is moving its world headquarters to Nashville to be closer to health-care industry — CNBC

Oracle Chairman Larry Ellison said Tuesday that the company is moving its world headquarters to Nashville, Tennessee, to be closer to a major health-care epicenter, writes Ashley Capoot.