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BLOOMBERG Bloomberg Technology July 12, 2024

Provide administrator to provide information about security protocols with chinese behemoth tencent. Meanwhile, bytedance and oracle have tentatively agreed to a deal has to be approved by the Chinese Government, and there is significant confusion about timelines. Lets check in without markets ended the day with senior markets correspondent scarlet fu , leading declines but outperforming all year. What has been happening . Scarlet there was a lot going on and to some extent, you can blame the federal reserve, j powell saying rate will stay at current levels, lower for longer, but investors were expecting a dovish surprise and were left hanging. When you look at equities, most of the damages from the large cap, big tech names, but it was a broad decline, eight out of 11 sectors in 20 active 24 sectors finishing lower. Outperformance today were value encyclical stocks. If you look at the past two weeks, it has been a clear theme ....

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Tessian Raises $65M Series C to Advance Security at the Human Layer


Tessian Raises $65M Series C to Advance Security at the Human Layer
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Lead investor March Capital has backed cybersecurity leaders CrowdStrike and KnowBe4; is joined by existing investors Sequoia, Accel.
25 May 2021 - SAN FRANCISCO. Human Layer Security company Tessian today announces that it has raised $65 million in Series C venture capital funding to accelerate its mission of quantifying and preventing human risk in global enterprises, and empowering people to do their best work without security getting in the way.
Tessian Founders
The round is led by March Capital, a venture-growth firm which has previously invested in cybersecurity unicorns such as CrowdStrike and KnowBe4. Existing Tessian investors Accel, Balderton Capital, Latitude and Sequoia Capital also participated in the Series C funding round, along with new investor Schroder Adveq, bringing Tessian’s total funding to-date over $120 million. The deal values Tessian at $500 million. ....

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Sumo Logic CEO Ramin Sayar Joins Tessian's Board of Directors


Sumo Logic CEO Ramin Sayar Joins Tessian’s Board of Directors
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6 MAY 2021. SAN FRANCISCO - Human Layer Security company Tessian today announces that Ramin Sayar, President and CEO of Sumo Logic, has joined its Board of Directors.
In his role as a board member, Sayar will advise on various go-to-market strategies, technology strategies, as well as, help drive and improve operational excellence to support Tessian’s accelerated global growth. Sayar will continue to lead Sumo Logic as the company’s President and CEO, a position he has held since 2014.
Ramin Sayer
Sayar brings with him over 20 years of experience in the technology industry, along with a strong track record of developing innovative products in both emerging and mature markets. Mr. Sayar, an experienced strategic and operating leader of both small and large organizations, has a strong track record of developing innovative products in both emerging and mature markets. Prior to join ....

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