Rothy’s just landed $35 million from Goldman Sachs to sell more of its popular ballet flats – TechCrunch

Rothy’s, a three-year-old, San Francisco-based company that makes a variety of colorful flats for women, has some more walking-around money today. According to Bloomberg, the company just closed on $35 million in funding from Goldman Sach’s asset management unit. The round brings the young company’s total funding to $42 million, including an early $5 million…

New Malware Takes Commands From Memes Posted On Twitter

Security researchers have discovered yet another example of how cybercriminals disguise their malware activities as regular traffic by using legitimate cloud-based services. Trend Micro researchers have uncovered a new piece of malware that retrieves commands from memes posted on a Twitter account controlled by the attackers. Most malware relies on communication with their command-and-control server…

Cisco to acquire silicon photonics chip maker Luxtera for $660 million – TechCrunch

As networks get put under increasing pressure from ever-growing amounts of data, network equipment manufacturers are facing huge challenges to increase data transmissions speeds over further distances. As a premiere networking equipment company, Cisco wants to be prepared to meet that demand. Today, it opened up its checkbook and announced its intent to acquire Luxtera…

AI chip startup Graphcore closes $200M Series D, adds BMW and Microsoft as strategic investors – TechCrunch

UK AI chip startup Graphcore has announced a $200 million Series D round today that’s jointly led by an existing investor, European VC Atomico, along with new investor Sofina, an investment holding firm. Graphcore says the Series D values the company at $1.7BN. We’ve confirmed the valuation is $1.5BN before including the new capital raised. We’re also…