TechFlash: Cybersecurity, mobile are hot: Here is who's investing

10/10/2013

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October 10, 2013

Cybersecurity is hot: Here are the biggest backers

Cybersecurity is hot, with FireEye's recent doubling in stock price after going public and this week's $255 million acquisition of fingerprint tech company Validity Sensors the most recent examples.

Going mobile: VCs pump $1B into industry in Q3

Venture investments in the mobile sector topped $1 billion for the first time in the third quarter, powered by big bets on Flipboard, Uber and Kymeta.

Lookout raises $55M for mobile security technology

Mobile security software startup Lookout has raised $55 million in funding led by Deutsche Telecom.

Synaptics to buy Validity for up to $255M, adding fingerprint ID technology

Synaptics has agreed to buy Validity Sensors, a company that sells fingerprint ID technology like that found in the new iPhone 5S, for up to $255 million.

Intel backing helps TechShop move in Menlo Park

TechShop said on Thursday that a new sponsorship deal with Intel has given it the money it needs to relocate and rebuild at its original location in Menlo Park.