News about Silicon Valley business almost everyday.
Google’s Pixel Watch has unveiled Fall detection, giving users more ways to keep safe and get help when you need it most. It’s a feature already available in many versions of the Apple Watch. Once activated, fall detection in the Pixel Watch uses motion sensors built in to the watch and on-device machine learning to […]
SAN JOSE — Revelstoke Security, creators of the first Security Orchestration, Automation and Response (SOAR) platform built on a Unified Data Layer, has closed $20 million in Series B funding. The round was co-led by SYN Ventures and ClearSky Security, with contributions from Rally Ventures, and Crosslink Capital. Revelstoke is the first cybersecurity automation company to build a SOAR solution using a […]
SAN FRANCISCO — Humane Inc. announced it has raised a $100 million Series C round ahead of the reveal of its initial product offering this spring. The round was led by Kindred Ventures with participation from existing investors Tiger Global, Valia Ventures, Qualcomm Ventures, Forerunner Ventures, Lachy Groom, and Sam Altman, founder of OpenAI. The round […]
SOUTH SAN FRANCISCO — TeraPore Technologies, a maker of advanced nanofiltration membrane systems for biomanufacturing, has raised $10 million in new financing. The round was led by existing investor Anzu Partners with participation from Entegris (NASDAQ: ENTG), a global leader in advanced materials science, and fellow existing investor, RA Capital Management. TeraPore will use the […]
SAN FRANCISCO — Gable, a startup that helps distributed companies manage office space for their workforce, has landed $16 million in funding. On Gable’s portal, employees can see where their coworkers are working that day and book a desk alongside them while the company can manage budgets and monitor employee satisfaction. The funding is co-led by SemperVirens and […]
PALO ALTO — Quantifind, a provider of AI-powered financial crimes risk management solutions, has raised $23 million in funding led by DNS Capital, with participation from Citi Ventures, US Venture Partners, Valor Equity Partners, and S&P Global. The funding comes after a strong 2022 that included signing four of the world’s largest banks, new contracts from the […]
Acclaimed actor Robert De Niro will star in a new Netflix limited series Zero Day, a conspiracy thriller. De Niro will also serve as executive producer and this will be his first TV series. The series is from Creator / Executive Producer Eric Newman under his Grand Electric Productions deal with Netflix, and Creator / […]
SAN MATEO – Skydio, a leading U.S. drone manufacturer, has raised $230 million in funding. The $230 million Series E round brings Skydio’s total funding raised to $562 million with a current valuation of over $2.2 billion. Linse Capital led the round, joined by existing investors Andreessen Horowitz, Next47, IVP, DoCoMo, NVIDIA, the Walton Family […]
SAN FRANCISCO — Immi, the world’s first low-carb, high-protein, and 100% plant-based instant ramen brand, has closed $10 million in Series A funding. This new round of funding will help the company hire for key leadership roles, expand its better-for-you lineup of flavor offerings, and scale retail expansion nationwide. The round was led by Touch Capital […]
Eli Lilly and Company announced price reductions of 70% for its most commonly prescribed insulins and an expansion of its Insulin Value Program that caps patient out-of-pocket costs at $35 or less per month. Lilly is taking these actions to make it easier to access Lilly insulin and help Americans who may have difficulty navigating a complex healthcare system […]
California home sales edged up in January for the second straight month, as interest rates continued to take a breather, but still remained below the 250,000-unit sales pace for the third straight month, according to the California Association of Realtors. Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized […]
Netflix has formed its first partnership with the NFL: Quarterback, a new docu-series that will take a unique look at each season, told through the lens of NFL quarterbacks. This year, the series features exclusive, unprecedented access to Patrick Mahomes [photo above], Kirk Cousins and Marcus Mariota from the beginning of the 2022 season to […]