KKR hands Box a $500M lifeline – TechCrunch

Box announced this morning that private equity firm KKR is investing $500 million in the company, a move that could help the struggling cloud content management vendor get out from under pressure from activist investor Starboard Value. The company plans to use the proceeds in what’s called a “dutch auction” style sale to buy back…

TrueLayer raises $70M for its open banking platform – TechCrunch

TrueLayer, the London startup that offers a developer-friendly platform for companies, including other fintechs, to utilise open banking, is disclosing $70 million in new funding. The Series D round is led by new investor Addition. Existing investors, including Anthemis Group, Connect Ventures, Mouro Capital, Northzone and Temasek, also participated. New investors include Visionaries Club, Zack…

US plans ‘aggressive’ cyber offensive against Russia in retaliation for SolarWinds attack

The Biden administration is planning an “aggressive” cyber offensive against Russia in retaliation for the devastating SolarWinds attack that was traced back to the Kremlin. According to The Telegraph, the attack is expected within the next fortnight and will not target civilian structures or networks. Both US government agencies and private companies were infiltrated as…