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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. The new funding will be used to boost the company’s operations, with a focus on global growth.

Boston 115
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Caesars Puts Stake In Online Betting Co DraftKings

PYMNTS

The access is exclusive to Caesars locations across select states where the company operates casino properties. ” Founded in 2012, Boston-based DraftKings offers daily fantasy sports contests across 11 professional sports and in eight countries, including the U.S., and Australia.

Online 108
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Tech Center: New York City Takes on Tech Full Force

PYMNTS

With a big focus on technology in Silicon Valley and Boston, New York City slowly made its way to becoming a powerhouse tech player. Albany, New York’s state capital, has a population of just over 150,000. trillion (2012). Is there anything people may find surprising about operating a business there?

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Here Are 35 Casualties Of The Retail Apocalypse And Why They Failed

CB Insights

Modern-day retail is at an inflection point as retailers face struggling physical storefronts, massive debt, and inefficient operations, among other issues. Increased expenses, supply chain inefficiencies, and the need to enhance operating results contributed to the perfume retailer’s bankruptcy, which was court-approved in October.

Retail 78
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20 Alums Make the First Forbes Fintech 50

Fintech Labs Insights

To make the cut, companies were required to have operations in the U.S. Founded: 2012. Personal Capital. Founded: 2012. HQ: Boston. Founded: 2012. While the list excludes financial giants, Forbes included startups acquired by larger companies but operating independently. . and a viable product.*.

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Killing The I-Bank: The Disruption Of Investment Banking

CB Insights

In the US, legislation emerged to forbid investment banks from prop trading, or trading with their own capital, and forcing them to keep more capital on hand. While the rules against prop trading have more recently been loosened, the restriction has still changed how investment banks operate. Table of contents. STAYING PRIVATE.

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Drizly’s Dramatic Year

PYMNTS

The signature innovation of Drizly – founded in Boston in 2012 – has been to more or less bypass the three-tiered structure in enabling alcohol eCommerce. Drizly also faces an increasingly competitive marketplace than when it launched in 2012.

Retail 128