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Today’s Storystream

PointFive, a cloud cost optimization startup, has secured $20 million in Series A funding led by Salesforce Ventures. With a focus on detecting “Deep Waste” across complex, multi-cloud environments, PointFive’s unique technology aims to give enterprises real-time insights into cloud spend, reducing inefficiencies. This latest investment will support PointFive’s expansion, promising streamlined cloud cost control as enterprise cloud expenses soar.

Swiss startup LocalStack has raised $25 million in a Series A round led by Notable Capital, aiming to accelerate AWS app emulation on local devices and expand multi-cloud support. The platform allows developers to test applications offline, mirroring real-world cloud environments for more efficient debugging. With clients like Apple and IBM, LocalStack is now planning to add support for Snowflake and Azure.

Amazon has secured 348 acres in Becker, Minnesota, previously part of Xcel Energy’s Sherco site, for $73.6 million to build a data center. The project, expected to generate 1,200 construction jobs and 100 permanent roles, aligns with Becker’s transition from coal-powered energy to a sustainable tech hub. Becker’s local economy stands to gain from Amazon’s substantial investment in this renewable-focused data center expansion.

Microsoft has confirmed that certain Windows Server 2019 and 2022 systems unexpectedly upgraded to Windows Server 2025, reportedly due to third-party patch tools. Although Microsoft marked the issue as “mitigated,” administrators must handle licensing fees and restore from backups since Microsoft has not released a rollback tool. The company advised users to verify update configurations and is working with third-party providers to streamline future processes.

Radware secured a multimillion-dollar contract with a leading U.S. CPaaS provider, enhancing its cybersecurity with hybrid Cloud DDoS Protection, FWaaS, and Network Analytics. With these solutions, Radware will streamline the provider’s global infrastructure security, reducing response time and safeguarding legitimate traffic across over 500 networks. This strategic upgrade reflects Radware’s commitment to high-speed, low-latency security tailored to evolving DDoS threats.

European cyber tech firm Filigran raised $35 million in a Series B round led by Insight Partners to expand its open-source XTM suite, which includes platforms like OpenCTI and OpenBAS. With this new funding, Filigran will enhance AI-driven cybersecurity tools and drive its global presence in the US and Pacific regions, empowering organizations like Airbus, the FBI, and the European Commission in proactive threat management.

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