HyTrust raises $36 million; acquires DataGravity

Workload security provider HyTrust has raised $36 million in a Series E investment round. The funding was led by Advance Venture Partners. Existing investors Sway Ventures, Epic Ventures, Vanedge Capital, and Trident Capital, also participated in the round; along with Cisco, Fortinet, Intel, and VMware.

The company is utilizing the funds to acquire DataGravity, a data visibility and security company. DataGravity had previously raised $92 million from investors including Andreessen Horwitz, Accel Partners, CRV, and General Partners. Members of the DataGravity team will be joining HyTrust.

HyTrust says it will also use the investment to expand its sales and marketing efforts, as well as to fund product development.

[Image courtesy: DataGravity]

Just in

Apple deletes WhatsApp, Threads from China app store on orders from Beijing — CNN

Apple has removed WhatsApp and Threads from its app store in China, following an order from the country’s internet watchdog, writes Juliana Liu.

Singtel, Vonage partner to integrate Paragon platform

Singtel has announced a partnership with Vonage, a cloud communications company and subsidiary of Ericsson, to help enterprises and telcos innovate and scale their services through Singtel's orchestration platform, Paragon. 

Tech giants urge EU to prioritize digital competitiveness and infrastructure investment

Five major technology companies - Ericsson, IBM, Intel, Nokia, and Vodafone - called on European policymakers to take urgent action to boost Europe's digital competitiveness and keep it a priority for the incoming European Commission.