News about Silicon Valley business almost everyday.
SAN FRANCISCO — OpenComp, a provider of compensation intelligence solutions, has closed $20 million in Series A funding, led by K5 Global and J.P. Morgan, with returning investor TIME Ventures (the investment fund for Marc Benioff) and additional investors 8VC, Circle Ventures and Mantis Ventures. The funding will help grow the company’s compensation platform, operations, […]
SAN FRANCISCO — Siteline, developer of an advanced billing solution for commercial trade contractors, has reeled in a $15 million Series A funding round led by Menlo Ventures with participation from existing investors. Tyler Sosin, Partner at Menlo Ventures, will join Siteline’s Board of Directors. The round comes on the heels of the company’s previously unannounced […]
Instacart, the nation’s largest supermarket delivery service, is teaming up with Delta Air Lines to give customers more ways to earn miles when they link their SkyMiles and Instacart accounts, with special earning bonuses for Instacart Express members. Once linked, members will earn 1 mile for $1 spent with Instacart, and Instacart Express members will earn […]
Here are salaries at Zoom Video from H1-B filings with the Department of Labor. Zoom is the leading video conferencing software which saw tremendous growth during the pandemic. Below are salaries at Zoom offices at 55 Almaden Blvd. in San Jose for the first quarter of 2022.
DoorDash, the nation’s leading food delivery service, has introduced express grocery delivery in 20 major markets via a partnership with supermarket chain Albertsons Companies. The new service offers consumers faster and convenient delivery of fresh groceries in as little as 30 minutes. Albertsons is one of the nation’s leading food and drug retailers operating stores […]
SAN FRANCISCO — Kubecost, an open source solution for monitoring, managing, and optimizing Kubernetes spend at scale, has raised $25 million in Series A funding led by Coatue Management, with additional participation from existing investors First Round Capital and Afore Capital. In addition to the funding, lead investor David Cahn, Partner at Coatue, will join the Kubecost board […]
DUBLIN, CA — TriNet, a provider of human resources solutions for small and medium-size businesses (SMBs) has completed a deal to acquire Zenefits, an SaaS-based human capital management (HCM) solution purpose-built for SMBs , from private equity firm Francisco Partners. Zenefits is now a wholly-owned subsidiary of TriNet and will be known as TriNet Zenefits. The […]
SAN CARLOS — CelLink, an automotive electronics technology company, has completed a $250 million Series D round of financing. The round was led by new investor Whale Rock Capital and includes new investors D1 Capital Partners, funds and accounts advised by T. Rowe Price Associates, Inc., Fidelity Management & Research Company LLC, Park West, Standard […]
PALO ALTO — Motorq, a connected car API company, has raised $40 million in its Series B round of funding. The round was led by Insight Partners, with participation from existing investors including Story Ventures, FM Capital, Monta Vista Capital and Avanta Ventures. Funding will be used to grow the product development and engineering teams, […]
Palo Alto Police have arrested a man after he was witnessed committing a lewd act inside a downtown Palo Alto coffee shop this month. On Thursday, February 3, 2022, at about 5:23 p.m., the police dispatch center received a call from staff at the Starbucks at 376 University Avenue reporting that a customer had been […]
Tesla is the world’s leading maker of electric cars. The company’s main factory is in Fremont, CA with offices in Palo Alto and Hawthorne, CA. A second U.S. factory is almost ready in Austin, TX. Here are salaries for Tesla workers based on information for H1-B applicants submitted to the Department of Labor. Salary figures […]
Alaska Airlines, the Seattle-based airline that is the only major airline headquartered on the West Coast, is launching a subscription flight pass for flights in California and three Southwestern cities. The subscription service is called Flight Pass, which allows members to fly up to 24 roundtrip flights a year to the most popular routes within […]