Tradewinds has added the first security vendor to its roster in ANZ through a deal with Silicon Valley-based Transmosis.
The company developed a security protection and insurance solution for small to medium businesses called CyberOPSs which Tradewinds will now offer through its Master Agent model in ANZ.
Billed as an enterprise grade solution for SMBs, CyberOPS is an Artificial Intelligence-powered Extended Detection and Response platform (XDR) with a 24/7 live virtual Security Operations Center (vSOC) using US-based security analysts to monitor and proactively eliminate cyber attacks, according to Transmosis.
Delivered as a subscription service, the product also includes cyber liability insurance, allowing Tradewinds’ partners to provide an outsourced solution to SMB customers. Transmosis is also offering a $25000 ransomware payment per organisation per attack.
Arrow Capital-backed tech SPAC Tribe Capital Growth raises $240m in US IPO
Photo: REUTERS/Beawiharta
March 8, 2021
Tribe Capital Growth I, a tech-focused blank check company formed by Silicon Valley-based early-stage venture capital firm Tribe Capital Management and Singapore-led investment advisory firm Arrow Capital, has raised $240 million in its initial public offering (IPO) on the Nasdaq.
The special purpose acquisition company (SPAC) offered 24 million units at $10 each, with every unit composed of one share of common stock and one-fourth of a warrant, exercisable at $11.50. The units are trading under the ticker ATVCU.
In a statement, the SPAC said it will seek a target in the technology sector, pursuing M&A opportunities with top private technology companies showing inflection in their growth trajectory.
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A federal consumer watchdog agency has launched an investigation into a company that aggressively sued thousands of Latino borrowers in Texas during the coronavirus pandemic while depicting itself as a financial ally of the community.
Oportun Inc., a Silicon Valley-based installment lender, which was founded to help Latino immigrants build credit so they can go on to achieve the American Dream, disclosed to investors last week that it had received a civil investigative demand from the Consumer Financial Protection Bureau.
Credit: Eddie Gaspar/The Texas Tribune
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Also, sign up for The Brief, our daily newsletter that keeps readers up to speed on the most essential Texas news.
A federal consumer watchdog agency has launched an investigation into a company that aggressively sued thousands of Latino borrowers in Texas during the coronavirus pandemic while depicting itself as a financial ally of the community.
Oportun Inc., a Silicon Valley-based installment lender, which was founded to help Latino immigrants build credit so they can go on to achieve the American Dream, disclosed to investors last week that it had received a civil investigative demand from the Consumer Financial Protection Bureau.
Dive Brief:
Albertsons is testing remote-controlled delivery carts developed by Tortoise, a Silicon Valley-based startup focused on automation systems for light electric vehicles, the grocery chain announced on Friday.
The battery-powered vehicles, which travel at about 3 mph and have a 3-mile range, can each hold up to 120 pounds of groceries in four lockable compartments. A human escort will accompany the vehicles during the pilot, which Tortoise co-founder Dmitry Shevelenko said started Feb. 24 at a pair of Safeway stores in Tracy and Windsor, California. Each store is currently operating two vehicles.
Albertsons’ trial of the remote-controlled vehicles from Tortoise is the latest in a series of retailers testing technology intended to make grocery delivery less costly and more efficient.