Adaptive Shield, an Israeli SaaS application security provider, grabbed $30 million in Series A financing. Lead investor Insight Partners was joined by Okta Ventures and Vertex Ventures Israel in the round.

Pandion Inc., a Seattle-based startup using machine learning to more efficiently transport e-commerce packages, raised an oversubscribed $22.5 million Series A round, immediately followed by a $7.5 million additional investment led by Telstra Ventures. Bow Capital led the Series A funding, which included support from Playground Global, Schematic Ventures, AME Cloud Ventures and Innovation Endeavors.

Tech News

China leaps ahead in effort to rein in algorithms

Facebook whistleblower's testimony builds momentum for tougher tech laws

Microsoft released Windows 11. But should you upgrade?

Twenty One Pilots in Concert -- as Roblox avatars

Singapore set to increase control over online content

Elizabeth Holmes's office romance with Ramesh Balwani now on display in court

Facebook blames engineering error of 'our own making' for global outage

Around the Web

What crackdown? VCs keep betting on China even as public stocks sink (The Information)

(END) Dow Jones Newswires

10-06-21 0938ET