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DefenseStorm raises $15M

DefenseStorm, a company that provides cloud-based cyber security, compliance and fraud technology and managed services to financial institutions, has raised $15 million in a Series C round.

The investment was led by Jam Fintop, says the company.

DefenseStorm has raised $67 million to date.

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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.