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SoftBank Drops $100M Into Cybereason Software

PYMNTS

SoftBank is helping out Boston-based digital security firm Cybereason with a big $100 million investment. All in all, Cybereason has brought in $189 million in funding since 2012 from a diverse investor set that includes CRV, Spark Capital, and Lockheed.

Software 100
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Cybersecurity Firm Cybereason Snags Another $200M From SoftBank

PYMNTS

This latest round of funding brings Cybereason’s total amount raised to approximately $400 million, with previous investors including CRV, Spark Capital and Lockheed Martin, according to a press release. Founded in 2012, Cybereason boasts distribution in all major global markets.

Boston 115
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Caesars Puts Stake In Online Betting Co DraftKings

PYMNTS

“This alliance is the latest initiative by Caesars to capitalize on our database, generate a new revenue stream in a growth market and raise our profile in sports, in part by creating new sports-themed guest experiences at our resorts across the country.” and Australia.

Online 108
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60 Percent Of Americans Want The Branch, Not Mobile, To Open New Account

PYMNTS

From mid-2012 to mid-2017, Capital One Financial Corp. Bank of America is expanding this year into Pittsburgh, while JPMorgan will open as many as 400 branches over five years into cities like Boston and Washington, D.C. cut 32 percent of its branches, SunTrust Banks Inc. cut 22 percent and Regions Financial Corp.

Mobile 109
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2017 Has Now Seen 4 Of New York’s Top 10 VC-Backed Tech Exits

CB Insights

MongoDB ‘s IPO ranks as the fourth largest venture-backed M&A or IPO in New York state since 2012, according to CB Insights data, and only comes a few months after Blue Apron ‘s listing, which topped Etsy as the biggest-ever New York tech company exit. Blue Apron is New York’s largest VC-backed tech exit since 2012.

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Contactless responsible for half of payments on London transport

NCR

The growth of contactless technologies as a fast, convenient option for everyday payment has been illustrated by new figures from Transport for London (TfL), which have revealed half of all pay as you go journeys on the UK capital’s transport networks now use this technology.

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VC Challengers: 7 Largest U.S. Equity Crowdfunding Startups

Fintech Labs Insights

Startups looking to raise capital have more options today thanks to evolving technology, regulation and market behavior. only seeing deals that could not raise elsewhere), but now that it has matured, it’s becoming an option to other sources of early capital (eg. First Round Capital blog post. family & friends, angels, VCs).

Austin 15