Five Minute Briefing - Information Management
July 22, 2024
Five Minute Briefing - Information Management: July 22, 2024. A concise weekly report with key product news, market research and insight for data management professionals and IT executives.
News Flashes
Heeler Security Inc., a pioneering startup in the application security space, is announcing the results of its recent Seed Series funding round, having raised $8.5 million. Led by Norwest Venture Partners with participation from Storm Ventures, this funding will be directed toward product innovation and expanding enterprise teams, propelling the company's ambition of remediating today's complex security challenges.
Backed by its majority owner STG, Alveo, a leading provider of cloud-based market data management software, has completed its merger with Gresham Technologies (Gresham)—creating a market leading provider for data automation and optimization of mission-critical data, post-trade processes, and external reporting.
After a system update pushed by CrowdStrike on Friday upended government services, emergency call centers, banks, airlines, hospitals, and other businesses, most systems are up and running as normal now. CrowdStrike is actively assisting customers affected by a defect in a recent content update for Windows hosts. Mac and Linux hosts were not impacted. The issue has been identified and isolated, and a fix has been deployed. This was not a cyberattack, the company stressed.