Here is the December 18th issue of SecureDocs Virtual Data Room's Market Insights By the Numbers. A weekly review of top industry transactions, security news, insights into the SecureDocs Virtual Data Room, and a weekly wrap up of complementary resources, courtesy of SecureDocs. Enjoy!
Fundraising and Transaction News
That's the amount of total global investment forecasted to be allocated in fintech over the next year. [The Sydney Morning Herald]
That's how much the Open A.I. initiative has raised with sights set on funding an artificial intelligence research company. With tech giants like Apple, Google, and IBM all involved, as well as many prominent tech executives lining up to get involved, if successful, this will undoubtedly become a tech trend that changes everything. [Venture Capital Post]
That's the value of the shares that the Postal Savings Bank of China recently sold to ten different investors, including a few international financial organizations like UBS, JPMorgan and DBS. The primary motivator? The ability to start serving a larger user group via internet, cloud computing, and big data technologies. [China Tech News]
That the amount that 92 startups each received in their funding rounds this year. That megafunding trend not only helped double the number of unicorns in 2015, it also has helped set 2016 look quite a lot like 2015 when it comes to IPOs-pretty weak. The extra cash means that many startups will have what it takes to wait out the IPO for another year. [Silicon Valley Business Journal]
That's the amount of venture capital investment cybersecurity firm, Digital Guardian has now received. It's latest round landed $66 million further fueling the cybersecurity investment trend. [Boston Business Journal]
That's the annual cost of global cybercrime. And, with the new wave of ransomeware attacks, 2016 could be dangerous for SMBs who fail to protect their sensitive data. Why? SMBs are much easier targets for these types of attacks, and also less likely to be able to recover from the financial reprecussions should one occur. [The Advertiser]
SecureDocs Virtual Data Room Insights
That's the percent of company data in a SecureDocs Virtual Data Room that is secure. With features like view only for PDF & MS Office documents, dynamic watermarking, end to end encryption of data, and one-click privacy blind users can feel certain that their information in protected.
That's the percentage of SecureDocs users taking advantage of two factor authentication. Protecting themselves and their business from data breaches.
SecureDocs Weekly Resource Wrap up
Have you subscribed to our Blog yet? Click here to subscribe.
Due Diligence Checklist
Here is the SecureDocs complementary Due Diligence Checklist. (Download Here)