Icon News

The latest from inside Icon and our portfolio companies.


Teladoc Prices Upsized Offering of $250 Million of Convertible Senior Notes Due 2025

Teladoc, Inc. (NYSE:TDOC) today announced the pricing of its offering of $250 million aggregate principal amount of Convertible Senior Notes due 2025 (the “Notes”) in a private offering to qualified institutional buyers pursuant to an exemption from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The size of the offering was increased by $25 million from the previously announced offering size of $225 million. In connection with the offering of the Notes, Teladoc granted the initial purchasers of the Notes an option to purchase up to an additional $37.5 million aggregate principal amount of Notes on the same terms and conditions solely to cover over-allotments.


Ionic Security Appoints Eric Hinkle As Chief Executive Officer


Why games developer Kixeye raised $20 million for machine learning



Rain Capital looks to fund cybersecurity startups in a post-Cambridge Analytica world – Joe Horowitz named to Advisory Board

Chenxi Wang, the founder and managing director of a new cybersecurity venture capital fund called Rain Capital, says the demand for adept cloud-native cybersecurity tools is higher than ever.

“I think Facebook, along with the inauguration of GDPR, really propelled privacy into the mindset of the average citizen as well as organization,” Wang, a first-time fund manager, told PitchBook. “For investors, that represents massive opportunities for innovation.”



Alation Earns Top Ranking in End-User Study of the Data Catalog Market for Second Consecutive Year

REDWOOD CITY, Calif. — June. 19, 2018 Alation Inc., the collaborative data company, today announced it has been named the top-ranked data cataloging solution for the second consecutive year in Dresner Advisory Services’ 2018 Wisdom of Crowds® Data Catalog Market Study. In the second annual survey-based study, Alation was ranked highest across all categories evaluated.

The report highlights the growing importance of data cataloging for helping organizations of all sizes find the data needed for successful business intelligence (BI). According to survey respondents, the harder it is to find content, the higher the likelihood that BI initiatives will not be successful.



Tech Companies to Watch 2018

The Journal set out to identify companies that show signs of becoming emerging leaders. A data analysis assessed their founders’ experience, investor track record, amount of investments raised, growth of workforce and buzz about the company.



Digital Hearts Announces Collaboration with Synack – Start Offering Security Vulnerability Inspection Service through Crowdsourcing

Digital Hearts Co., Ltd. (“Digital Hearts”), which provides system test service, collaborates with Synack (head office: CEO Founder: Jay Kaplan, California, USA), which provides crowdsourcing security services, We will begin offering “crowdourcing vulnerability inspection service”.

While advancing the advancement of cyber attacks from outside, such as standard attacks and run-time wear, companies and organizations are required to grasp the strength of security to protect the organization’s information assets. Synack is a company that provides a penetration test on the cloud basis to investigate the vulnerability to cyber attacks by placing a pseudo attack by a whitehacker contracted by the company that is familiar with network vulnerabilities on corporate IT systems. The company responded to emergency accident injuries at the US Department of Defense’s incident response red team and engaged in intelligence activities on anti-terrorism at the National Security Agency (NSA) prior to its establishment, Jay Kaplan, a cyber security expert involved in the company, was founded.



Exabeam Announces Strategic Integration with Carbon Black

Exabeam, the next-gen SIEM company, today announced a strategic integration with Carbon Black, a leader in next-generation endpoint security. For joint customers, the partnership provides increased detection of advanced threats and lateral movement, as well as reduced incident response times—all while utilizing existing security investments.



Alation Recognized in 2018 Gartner Market Guide for Information Stewardship Applications

Alation Inc., the collaborative data company, today announced it has been included in the 2018 Gartner Market Guide for Information Stewardship Applications. Data leaders at data-driven organizations, like Pfizer, Munich Re, eBay, City of San Diego, GoDaddy and Salesforce, are leveraging the Alation Data Catalog to support information stewardship.

According to the Gartner Market Guide, “This variety of requirements visibly affects experimentation and assessment in the vendor space for information stewardship applications. In particular, we observed clear market disruptions related to the adoption of data catalogs and organizations scrambling to work within the GDPR.”*



Why games developer Kixeye raised $20 million for machine learning

The last time San Francisco-based free-to-play games developer Kixeye raised a round of external investment was six years ago, when it pulled in $22 million.

The company’s portfolio includes browser and mobile titles such as War Commander: Rogue Assault, Vega Conflict and Battle Pirates.



TuneIn Brings Top Summer Music Festivals and Artists Directly To Listeners Through Exclusively Curated Stations and New Podcast Series

TuneIn, Inc., the leading global streaming live audio service, today announced its role as the exclusive streaming audio partner for some of the top summer music festivals, starting with this weekend’s Hangout Fest in Gulf Shores, Alabama. In addition, TuneIn has partnered with Francis Ford Coppola Wines to present three festivals — Newport Folk Festival, Newport Jazz Festival and Outside Lands Music and Arts Festival — during this summer’s slate and produce a six episode podcast series called “The Sense of Adventure.”



Acquiring A Company? Why You Need Bankers, Lawyers And Hackers To Help

Due diligence is a vital part of an investment or acquisition transaction, and most hidden liabilities can be brought to the surface with a little digging. If we ever needed proof that poor security can be damaging to company value: Yahoo lost $350 million in the Verizon acquisition after a string of breaches, and Equifax is expected to pay over $430 million in costs on top of losing about a quarter of its value since its September breach. Yet proactive security due diligence is often neglected.



Seeking Insights into Rare Diseases, Pfizer Scales AI Analytics Platform

Pfizer Inc.’s recently-built analytics platform is helping employees from different divisions within the company collaborate in an effort to identify patients with rare diseases that might previously have gone undiagnosed, company executives said.

With the help of machine-learning algorithms, the analytics platform is now yielding new insights that were previously difficult to identify in a short amount of time because there too many disparate datasets to sift through.

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