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Cybersecurity Company Hackmetrix Raises US$1.5M in a Seed Round Led by Cometa Ventures
Chilean cybersecurity company Hackmetrix announced a new seed round of US$1.5 million led by Cometa Ventures. Amador Holding, Hero Capital, Rallycap Ventures, and Ark have also participated. They have angel investors such as David Buenfil, CEO of Skandia in LatAm, and Domingo Guerra, founder of Appthority. Hackmetrix operates in its native Chile, Argentina, and Mexico. […]
Delivery startup, iVoy, experiences data breach, over 127,000 accounts exposed
Contxto – What a week it must have been over at Mexican logistics startup, iVoy. When your users’ data has been potentially compromised, you have a lot to do. Last Tuesday (28), news broke that it was among a series of companies to experience a data breach. In the process, a reported 127,432 account users’ […]
What you need to know about the reforms to Mexico’s Copyright Law
Contxto – One week ago, the Mexican Senate approved reforms to the country’s federal Copyright Law. These changes were in fulfillment with Mexico’s part in the USMCA, the free trade agreement that became effective on July 1. And as reforms often go, it was met with criticism and speculation as to how it might affect users’ […]
Cybersecurity startup Mati raises seed investment with Spero Ventures
Contxto – Cybersecurity startup Mati recently raised an equity round with Spero Ventures. Other contributors included Kima Ventures, Dorm Room Fund, and Blackhorn Ventures. However the value of the seed investment was not disclosed. Though it started out in California, Mati moved to Mexico City after seeing a large market opportunity in Latam. “After developing […]
Data breach scam shows cryptoexchanges have a big hackable vulnerability
Contxto – It’s always an underlying question for crypto-currency watchers: Is user data safe in the hands of the decentralized web of cryptoexchanges? Well, this weekend we found that the fear of data leaks can be worse than the actual threat. Last Sunday (24) cybersecurity outlets began reporting that a hacker was advertising customer databases […]
These are the fastest growing jobs in Argentina, Mexico, and Brazil, according to LinkedIn
Contxto – Coronavirus (Covid-19) and the economic downturn are undoubtedly shaking up the labor market. So it’s always good to keep in mind which are the fastest growing jobs, what they entail, and how they relate to a country’s workforce. And in that regard, LinkedIn is a valuable resource. Through its Emerging Jobs reports, we […]
5 fintechs accused of taking advantage of elderly and poor in Argentina
[wd_hustle id=”InArticleOptin” type=”embedded”/] Contxto – Ohhhh, somebody is in trouble. Actually lots of somebodies. This week the Argentine government announced legal action is being taken against a group of fintechs. Their names: Smart Cash, Punto Click, Patagonia Cred, Efectivo Urgente, and Wenance. And the accusations are big: misuse of information, excessive fees, and fraud. The […]
Cybercrime is rising and Latam… doesn’t care?
[wd_hustle id=”InArticleOptin” type=”embedded”/] Contxto – No rest for the wicked. And they’ve been busy as of late in launching phishing attacks throughout multiple countries in Latin America. Their latest preferred form of bait is offering information related to coronavirus (Covid-19) or handouts to cope with the crisis. And there’s data to back this. Cybersecurity company […]
AgriRed to grow out its platform to Brazil and US
[wd_hustle id=”InArticleOptin” type=”embedded”/] Contxto – Argentine marketplace AgriRed is sowing the seeds for an upcoming investment. According to Punto Biz, this would be the second round for the startup, as it had raised US$350,000 “not too long ago.” The startup expects to close its second equity round by the time the coronavirus (Covid-19) pandemic eases […]
Blockchain 101: its inner workings, challenges, and future prospects
This week we had our Morning Coffee with Sourodip Biswas from Space-O Technologies. Contxto – Blockchain is slowly emerging out of the shell and manifesting itself into something bigger than cryptocurrency. For the uninitiated, the technology found itself in the limelight as the underlying technology for Bitcoin. For a lot of people, the two were […]