Funding Daily: Prohibition ends!

December 5, 2012 6:58 PM Rebecca Grant

Rebecca Grant

Recent Stories:
Funding Daily: Cash for the ‘stache
Loyal3 raises $18M to make buying stock as easy as a Facebook ‘like’
SimpleRelevance raises $1M for tech that gives emails a personal touch

79 years ago, Prohibition. Today, entrepreneurs embody some of that bootlegging spirit to get companies off the ground.

Andreessen-Horowitz injects $30M into encryption startup CipherCloud

December 5, 2012 11:52 AM Meghan Kelly

Meghan Kelly

Recent Stories:
Small businesses: Stop thinking you’re immune to a mobile hack
WWDC press invites go out, Apple holding keynote on June 10
After heightened hacks, Twitter releases two-factor authentication

If someone is trying to break into your enterprise, it's likely because they want your data. Companies are calling for cloud encryption, and Andreessen-Horowitz is joining the chorus by investing $30 million into cloud encryption company CipherCloud.