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Trust Labs raises $15M

Palo Alto, Calif.-based cybersecurity and end-to-end compliance provider Trust Labs has raised a Series A funding round of $15 million. 

The investment in Trust Labs was led by U.S. Venture Partners (USVP) and Foundation Capital.

[Image courtesy: Trust Labs]

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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.