Oracle eyes TikTok’s U.S. data

What we’ll cover today:

• Oracle’s big bet on TikTok’s U.S. data — what it means?

• Flock Safety just raised $275M— is surveillance the next big SaaS?

• Upcoming SaaS events you need to have on your radar!

Flock Safety Soars with $275M Funding 🚀

Flock Safety, an Atlanta-based startup specializing in surveillance technology, has secured $275 million in funding, elevating its valuation to $7.5 billion.

🚨Breaking News:
Flock Safety plans to expand its product line by introducing U.S.-manufactured drones in 2025 and building a new manufacturing facility in Georgia.

⚡Wire Simplified:

• Flock Safety provides security cameras and software to help police and businesses prevent crime.

• The company has experienced a 70% year-over-year increase, surpassing $300 million in annual recurring revenue.

• Plans include launching U.S.-made drones in 2025 and constructing a 100,000-square-foot manufacturing plant in Georgia.

• The funding round was led by Andreessen Horowitz, with participation from Greenoaks Capital and Bedrock Capital.

✔️Straight to the Point:
Flock Safety's significant funding and expansion plans aim to enhance crime prevention technologies, raising discussions about surveillance and privacy.

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Oracle Emerges as Top Contender for TikTok's U.S. Data 🗃️

Oracle, a major technology company, is reportedly the leading candidate to manage TikTok's U.S. user data, amid ongoing national security discussions.

🚨Breaking News:
TikTok has been routing all U.S. user traffic to Oracle's servers since 2022, positioning Oracle as a strong contender for handling TikTok's U.S. data operations.

⚡Wire Simplified:

• TikTok has faced scrutiny over data security and potential foreign government access.

• To address concerns, TikTok initiated "Project Texas," partnering with Oracle to store U.S. user data domestically.

• Oracle has been auditing TikTok's algorithms and content moderation to ensure compliance with U.S. regulations.

• The U.S. government continues to evaluate measures to safeguard user data and national security.

✔️Straight to the Point:
Oracle's involvement in managing TikTok's U.S. data reflects ongoing efforts to address national security concerns while maintaining the app's operations in the United States.

Dublin Tech Summit 2025
A leading European tech conference, featuring discussions on AI, cybersecurity, and digital disruption, attracting tech leaders and innovators.
Date: May 28–29, 2025 | Location: Dublin, Ireland

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