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COVID speeds up financial and tech company relocations to Florida

COVID speeds up financial and tech company relocations to Florida Last spring, Ian Campbell, CEO of technology consulting firm Nucleus Research, called a staff Zoom meeting to announce that he would be leaving Boston and moving to Miami. Campbell, who founded the firm in Boston in 2000, felt it made sense to open an office in Miami. Boston’s high cost of living and traffic were making it increasingly difficult to attract and retain young, talented workers, he says. Meanwhile, he and his staff had proven during the coronavirus shutdown that they could make telecommuting work. He gave his 15 employees the choice of staying in Boston or moving to Miami. All but two chose the latter.

Vectra AI picks up $130M at a $1 2B valuation for its network approach to threat detection and response – TechCrunch

Cybersecurity nightmares like the SolarWinds hack highlight how malicious hackers continue to exploit vulnerabilities in software and apps to do their dirty work. Today a startup that’s built a platform to help organizations protect themselves from this by running threat detection and response at the network level is announcing a big round of funding to […]

Automox Secures $110 Million in Series C Funding to Modernize IT Operations

BOULDER, Colo., April 27, 2021 /PRNewswire/  Automox, the cloud-native endpoint management provider, today announced it has secured $110 million in Series C funding to accelerate its vision to modernize IT operations with a comprehensive, cloud-native platform. The round is led by Insight Partners, along with funds managed by Blackstone and existing investors Koch Disruptive Technologies and TechOperators. With this round, Automox s total funding now exceeds $152 million. As Automox expands its proven endpoint management platform, CrowdStrike co-founder and former CTO, Dmitri Alperovitch – a member of the Automox Board of Directors since May 2020 – has been appointed Chair of the Board. Alperovitch s unique insight and experience in endpoint management and cybersecurity platforms will help Automox achieve its vision of bringing modern IT operations to the enterprise.

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