TechTaffy

tech:

taffy

Forter raises $50 million

By TechTaffy Desk

E-commerce fraud prevention company Forter has secured $50 million in Series D financing. The funding round was led by March Capital Partners, with participation from Salesforce Ventures and previous investors Sequoia Capital, New Enterprise Associates (NEA) and Scale Venture Partners.

The funding round is Forter’s largest to date, bringing the company’s total financing to $100 million since its founding in 2013.

Forter already processes more than $50 billion of transactions annually, the company said in a statement.

[Image courtesy: Forter]

Just in

AI

Adobe previews generative AI features in Premiere Pro

Adobe has previewed generative AI features within its video editing software, Adobe Premiere Pro, aimed at streamlining video creation and production workflows.
AI

Covered California implements Google Cloud’s AI solutions

Covered California, California's health insurance marketplace, has announced that it will use Google Cloud's AI solutions to simplify the process of providing health insurance to California residents.
IT

Broadcom, Google Cloud expand partnership

Broadcom and Google Cloud have announced an expanded partnership focusing on optimizing Broadcom's VMware workloads for Google Cloud, collaborating on go-to-market initiatives, adding more Broadcom products to Google Cloud Marketplace, and integrating Google Cloud's generative AI capabilities into Broadcom's offerings.
Around the web

Apple stops warning of ‘state-sponsored’ attacks, now alerts about ‘mercenary spyware’ — The Register

Apple is referring to the infection of devices with NSO Group's Pegasus spyware and other similar software, writes Laura Dobberstein.
IT

Zscaler to acquire Airgap Networks

Zscaler has announced the acquisition of Airgap Networks, a cybersecurity solutions provider for business-critical networks.