Week Ending 02.24.19
ENTRUST ACQUIRES THALES UNIT
SEC RULES ANOTHER ICO UNREGULATED
TRUEDIGITAL HIRES CEO
AND MORE ↓
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MERGERS AND ACQUISITIONS
Entrust Datacard, the Minneapolis, Minnesota-based cybersecurity firm, said it acquired nCipher Security, a unit of Thales focused on securing blockchain and other technologies.
No S-1 and F-1s were filed
CipherTrace, the Menlo Park, California-based blockchain security services company, said it raised USD 15m in a seed round led by Aspect Ventures.
LEGAL & REGULATORY
The US Securities and Exchange Commission said it would not fine cybersecurity firm Gladius Network for conducting an unregistered USD 12.7m ICO because the company approached it for advice on how to gain regulatory compliance. The SEC did, however, order the company to return any funds participating investors may ask for.
trueDigital, the New York City-based blockchain company, said it hired former Bridgewater Associates COO Thomas Kim as CEO.
Concordium, the Zug, Switzerland-based blockchain company, said it hired Lone Fønss Schrøder as CEO.
Surge, the Memphis, Tennessee-based blockchain company, said it hired Anthony Nuzzo as COO.
Other hiring includes Aura