SEC Raises Fundraising Limit to $12 Million; Lea Kissner Appointed LinkedIn CISO

The U.S. Securities and Exchange Commission (SEC) has increased the fundraising limit for 'qualified venture funds' from $10 million to $12 million, easing the financial constraints for smaller venture capital firms. This update is expected to enhance the ability of these funds to attract investments. In related news, Lea Kissner, the former Chief Information Security Officer (CISO) at Twitter, has been appointed as LinkedIn's new security chief. Kissner's extensive experience in cybersecurity is anticipated to bolster LinkedIn's security measures.