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CrowdStrike incident has CIOs rethinking their cloud strategies

CIO

The widespread disruption caused by the recent CrowdStrike software glitch, which led to a global outage of Windows systems, has sent shockwaves through the IT community. Organizations and CISOs must review their cloud strategies, and the automatic updating of patches should be discouraged.

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Smile Identity expands African footprint with acquisition of Appruve to strengthen ID verification services

TechCrunch

Smile Identity , a KYC compliance and ID verification partner for many African fintechs and businesses, has acquired Inclusive Innovations, the parent company of Appruve , a Ghanaian developer of identity verification software. We want to add that depth in more markets, and Appruve gives some of that.”

Fintech 363
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South African payments gateway Ozow raises $48M Series B led by Tencent

TechCrunch

According to a 2019 report by Deloitte , about 80% of South Africans have a bank account but only 24% of them make more than three transactions monthly. Unlike other African countries, South Africa also has a functioning credit system with the prevalent use of credit cards. Ozow is one such player.

Banking 269
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Orca Security raises $210M Series C at a unicorn valuation

TechCrunch

Its current slate of customers includes Robinhood, Databricks, Unity, Live Oak Bank, Lemonade and BeyondTrust. The promise of Orca Security is that it can not only cover a company’s entire range of cloud assets but that it is also able to help security teams prioritize the risks they need to focus on.

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How Pariti is connecting founders with capital, resources and talent in emerging markets

TechCrunch

” So , how is the team at Pariti setting out to solve these problems? Pariti then assesses each company across more than 70 information points ranging from the team and market to product and economics. In a nutshell, Pariti helps founders connect with affordable talent, access capital and develop their businesses.

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Daily Crunch: Kurtosis raises $20M Series A to give web3 developers ‘a place to play around’

TechCrunch

Tooling around : Two years ago, two former Palantir engineers started Kurtosis, a crypto-focused developer tool system, and have now raised $20 million in fresh funding to hire a team to get a new product out in the next year, Jacquelyn reports. Diving into due diligence. See you tomorrow! The TechCrunch Top 3.

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TechCrunch+ roundup: Zero-day exploits, breaking into Japan, algorithmic VC investing

TechCrunch

We work with contributors to develop guest posts that will help TechCrunch+ readers solve actual problems, so it’s always a delight to present a comprehensive “how to” article. In this case, Barnabas Birmacher, CEO of Platform as a Service company Bitrise, shared the lessons he learned as his team attempted to enter Japan.