Get the inside scoop on paid acquisition, startup failures, and fundraising from TechCrunch+. Discover the latest trends and insights in the tech industry. Subscribe now and save 20% with code TCPLUSROUNDUP.
AI-powered malware is becoming a growing security concern, says a new report by CyberArk. The study surveyed 2,300 cybersecurity experts across 16 countries and found that challenging economic conditions and rapid technological innovation pose a significant expansion of the identity-led cybersecurity threat landscape. The report highlights that nearly all organizations expect an identity-related compromise this year. As businesses invest in digital and cloud initiatives to unlock efficiencies, cybersecurity is at an increased risk. With critical areas of the IT environment inadequately protected, it's essential that companies take the necessary steps to mitigate risks.
Luxembourg-based Keep Contact has launched Saaskia™, a powerful chatbot tool that combines generative AI with e-monitoring software. The integration of ChatGPT enriches its clients' creativity, agility, and initiative without replacing humans. The SaaS version features multilingual summaries, automatic translations, arguments, and suggestions to enhance reflections and sales presentations. Keep Contact's Saaskia™ is revolutionizing e-monitoring, and the ChatGPT integration promises global expansion.
Paris-based startup Pigment secures $88 million in funding with participation from existing investors. The company offers a modern business planning platform designed to rival Excel and major enterprise software brands. Pigment differs from Excel by seamlessly integrating with other enterprise software and data sources for real-time, synchronized insights. Its impressive 600% growth in 2022, and high-profile client list including Mozilla and Klarna, demonstrate the power and appeal of this tool for finance, sales, and HR teams everywhere.
Seed-stage startups face a 52% decrease in deals for Q1 2023, urging founders to reassess the value of their investors. Law firms warn that AI-enabled technology development may create legal issues, and federal and state law violation risks. In contrast, the Fed's new initiative, FedNow, will allow instant payments 24/7/365, paving the way for fintech companies' growth, while Japan's VC market hit a record high in 2022. Learn more about these trends and the strategies of investors active in Japan's startup ecosystem in this informative article.