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Nginx Raises $10 Million Round

Open source Internet software company Nginx has secured $10 million in a Series B round of funding led by New Enterprise Associates. Existing Series A investors e.ventures, Runa Capital, and MSD Capital, also participated in the round, as well as Aaron Levie, CEO and founder of Box. The latest investment brings Nginx’s total funding to $13 million till 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. 

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.