Top tech startup news stories you need to know this Monday, February 19
Good morning! Here are some of the top tech startup news stories today Monday, February 19.
Oracle buys cloud security startup Zenedge. Oracle has announced that it has signed an agreement to acquire Zenedge, a startup that helps safeguard important IT systems deployed via cloud, on-premise or across hybrid environments. The acquisition deal is part of Oracle’s efforts to branch out its cloud platform, offering customers security features for their applications.
Biotech startup draws $3 million investment from Japanese biotech firm. Unleash Immuno Oncolytics, a biotech startup based in the Cortex innovation district in the @4240 building, has raised $3 million from Japanese-based Oncolys BioPharma. The money will be used to advance Unleash’s lead patented programs, which are viral-based biologics developed to attack cancerous tumors.
Tech startup Engage Talent lands investment from AOL founder’s fund. South Carolina-based Engage Talent has landed a $3 million investment from a handful of out-of-state venture capital firms, including a fund formed by AOL co-founder Steve Case. The startup solves a relatively difficult AI challenge by predicting people’s job security and likelihood to change jobs based on their professional background, career progression, and events impacting their companies and industries. The startup helps to find talented workers who might be ready to make a move, before they start looking for a job. Engage Talent has raised $6.5 million in total funding since its founding in 2014. The latest investment round was led by Refinery Ventures and Grand Ventures.
Tech startup gives workers the tools to report supply chain slavery. Ulula, a software and analytics platform startup, is giving staff the tools to report workplace abuses, including forced labour, should improve data for brands that are striving to ensure their products are slavery-free. Ulula’s platform merges feedback from workers with other data to give companies real-time insight into risks in their supply chains.
Israeli cybersecurity startup Morphisec raises $12 million in new funding. Israeli cybersecurity startup Morphisec said on Monday it has raised $12 million in new funding from new investor Orange Digital Ventures, the digital investment arm of Orange, as well as existing investors Jerusalem Venture Partners, General Electric and Deutsche Telekom. This brings its funding total to date to $20 million.
Fintech startup Invoice Bazaar buys minority stake in partner ODeX. Dubai-based fin-tech startup Invoice Bazaar Holdings Ltd has bought a minority stake for an undisclosed amount in its Mumbai-based partner ODeX, an online shipping documentation provider. ODeX, a startup, will use the funds to expand its footprint across West Asia as well as to develop products, Invoice Bazaar said in a statement.
Startup Joinery wants to help make moving day a bit less miserable. New York-based startup Joinery wants to save you money by helping you find your next apartment from the departing tenant, or make money as a departing tenant by listing your New York area apartment.