Mubadala Investment Company of Abu Dhabi has announced plans to create a $400 million fund to invest in leading European technology companies.
Middle East to pump more cash into SoftBank Vision Fund
SoftBank Group could potentially get more investments from the Middle East as it pushes to reach its $100 billion fundraising target for its private equity fund that aims to target the technology sector.
Attivo Networks secures $21 million in latest funding round
The funding round was led by Trident Capital Cybersecurity with participation from existing investors Bain Capital Ventures and Omidyar Technology Ventures.
compareit4me.com secures $3.5 million in funding
compareit4me.com has raised $3.5 million from its existing investors, including STC Ventures, Wamda Capital, Dubai Silicon Oasis Authority and Saned Partners, in its latest phase of funding.
Financial software firm Misys announces crowlending platform
Recently at its Connect Forum in Paris, Misys launched its new crowdlending module. Misys FusionBanking CrowdLending supports retail and corporate banks in delivering funding to all customers, from the individual to SMEs and large corporations.
Tight NSA spy vote gives hope to programme critics
Civil rights advocates view Wednesday’s narrow defeat of a bill to curtail funds for the National Security Agency’s domestic spy programme as a sign of the growing opposition within Congress.
Ethernet founders bemoan lack of investment in innovation
This week may have seen the network heavyweights of the U.S. celebrate the achievement of inventing Ethernet 40 years ago, …