French VC firm Founders Future just acquired an equity crowdfunding platform, Sowefund

Here’s an interesting move. Founders Future, a well-known VC firm in the French tech ecosystem, acquired an equity crowdfunding marketplace called Sowefund. While terms of the deal remain undisclosed, Sowefund has been profitable since 2022 with around 20 employees. Following this move, Founders Future now has two separate yet complementary businesses. With its VC funds,…

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Hackers exploit zero-day to compromise tens of thousands of Cisco devices

Hackers have exploited an unpatched zero-day vulnerability in Cisco’s networking software to compromise tens of thousands of devices, researchers have warned. Cisco on Monday issued an advisory warning that a critical-rated vulnerability in IOS XE, the software that powers the company’s range of networking devices, was being actively exploited by hackers. Cisco said the bug…

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A warning to software founders developing apps with lean teams and open source code

Open source code has exploded in popularity and become an essential building block for modern software (as it can dramatically increase the speed and efficiency of software builds). The accessibility and convenience of proven code means that software developers don’t have to waste time and limited resources reinventing the wheel. However, according to a study…

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