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AI-powered supply chain visibility platform Altana bags $100M

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Trade wars, military conflicts, the rise of e-commerce and sustainability concerns are driving changes to supply chain networks and trade flows. Seventy-four percent of supply chain companies made changes to their networks within the past two years, according to Gartner . And in an IBM survey , 40% of executives stressed the need for spare capacity to weather future crises. Evan Smith believes that a key part of solving supply chain stability must involve enabling stakeholders, including businesses and governments, to build trust through a shared source of truth on the global supply chain. To that end, he’s one of the co-founders of Altana , a startup using AI to sift through data points across the supply chain to spot anomalies and identify potential risks and bad actors. TechCrunch had a conversation with Smith around the closure of Altana’ $100 million Series B round, led by Activate Capital with participation from OMERS Ventures, Prologis Ventures, Reefknot Investments, Four More

Uber’s former security chief found guilty of covering up 2016 data breach

Uber’s former head of security has been found guilty of criminal obstruction for attempting cover up a data breach that saw tens of millions of customer and driver records stolen. A federal jury in San Francisco convicted Joseph Sullivan, Uber’s former chief security officer (CSO), of obstructing justice and concealing knowledge that a federal felony had been committed, the Department of Justice confirmed on Wednesday.   The case pertains to a breach of Uber’s systems in 2016 that exposed the data of 50 million customers and seven million drivers, including names, email address, phone numbers and around 600,000 driver license numbers for U.S. drivers were also included in the breach.   The data breach occurred just a few months after Sullivan was hired by Uber to help the company beef up its cybersecurity after a smaller breach in 2014 that saw hackers access the approximately 50,000 consumers’ personal information.   After learning of the 2016 breach, Sullivan began a scheme t

Twitter now lets you post images, videos, and GIFs in a single tweet

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Twitter is now rolling out a new feature that lets users post images, videos, and GIFs in a single tweet. Until now, the platform only allowed users to include only one type of media format in a post, for example, multiple images. While you can see mixed media tweets on all platforms, currently you can post mixed media tweets only from iOS and Android. The feature allows you to post four individual media items, consisting of images, videos, or GIFs, in one tweet. It’s fairly straightforward to create a mixed media tweet: go to the tweet composer and tap the photo icon or the GIF button, and it will now let you choose from different media formats. Get ready to mix it up with visuals on Twitter. You can now add a combination of media to your Tweet on Android and iOS. That means you can include a photo, GIF, and video (or two!) all in the same Tweet. Tap the photo icon in the Tweet composer to start mixing your media. pic.twitter.com/9D1cCzjtmI — Twitter Support (@TwitterSupport) O

Lightdash takes on Looker with an open source BI platform built for dbt

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Lightdash , an open source business intelligence (BI) platform that’s setting out to challenge proprietary incumbents such as Looker , is officially launching its core commercial product to the public today backed by $8.4 million in funding. The seed round was led by Accel, with participation from Moonfire, Y Combinator (YC), Snyk founder Guy Podjarny, and Gitlab CMO Ashley Kramer. In its original guise, Lightdash was known as Hubble when it graduated from YC’s S20 batch , with a focus on helping companies run tests on their data warehouse to identify issues with data quality. These data quality metrics, as it transpired, were most useful inside BI tools, which cofounder and CEO Hamzah Chaudhary says no BI tools on the market supported. And so they pivoted the product to Lightdash and began working on the new project full-time in May 2021 to solve a big pain point for data analysts .  “Modern data analysts are becoming increasingly like software developers, but they’re stuck with ent

Fiserv, LG back Korea Credit Data as the SME-focused fintech startup raises another $24.7M

In South Korea, there are about 7.3 million small and medium-sized enterprises (SMEs) — defined as firms with less than 250 employees. Their workforces combined make up 83.1% of all corporation employees in the country, totaling about 17.1 million people, according to OECD data. To help meet SMEs’ financial needs in the country, Seoul-based fintech startup Korea Credit Data (KCD) said Thursday that it has raised $24.7 million in Series D extension financing. Strategic investors — Fiserv, a Nasdaq-listed fintech company, and LG Uplus, a telco unit of LG Corporation — participated in the extension round. In total, KCD has raised about $70 million in its Series D round and about $112 million since its 2016 inception, said CEO of KCD Kelvin Dongho Kim. The latest financing values the company at approximately $776 million (1.1 trillion KRW). KCD was valued at about $563 million in November last year when it raised $28.1 million in its Series D1. The startup wants to address small merc

Halo Car’s teleoperated car-sharing service to roll out this year with no one behind the wheel

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Halo Car, a Las Vegas-based startup that combines teleoperations and car sharing, said it will remove the human safety operator from behind the wheel later this year — the last hurdle before its commercial launch. The milestone would mean Halo Car will use humans to remotely control vehicles through public streets and deliver them to its car-sharing service customers. These fully remote deliveries will mark the official launch of commercial operations and kick off a campaign to scale its fleet of electric vehicles and expand beyond Las Vegas. The unique approach to car-sharing has attracted several investors. The company said Wednesday it raised $5 million in a seed round led by climate tech fund At One Ventures, with participation from T-Mobile Ventures, Earthshot Ventures, and existing investor Boost VC. The funds will help the startup to expand into cities beyond Las Vegas and scale its fleet to 1,000 EVs by the end of 2023. Halo Car’s model shouldn’t be confused with autonomous

NetWalker ransomware affiliate sentenced to 20 years in prison

A former Canadian government employee has been sentenced to 20 years in prison for his role in a ransomware scheme that netted him more than $21 million. Sebastien Vachon-Desjardins, a 34-year-old from Quebec, was sentenced in a Florida court on Tuesday after pleading guilty to charges related to his involvement in the prolific Netwalker ransomware-as-a-service (RaaS) operation. Vachon-Desjardins operated as an affiliate for NetWalker, where it is believed he conducted a number of U.S. companies and at least 17 Canadian entities. Vachon-Desjardins, who worked as an IT consultant for Public Works and Government Services in Canada, according to his LinkedIn profile, was previously arrested by Canadian police in January 2021 and sentenced to seven years in prison. During a search of his home, law enforcement officials discovered and seized 719 bitcoin, valued at about $17.6 million at the time of writing, and $790,000 in Canadian currency. Authorities in the U.S. and Belgium also seiz

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