News about Silicon Valley business almost everyday.
SAN FRANCISCO — Chargebee, subscription management platform, today has closed $250 million investment round co-led by Tiger Global and Sequoia Capital, along with returning investors including Insight Partners, Sapphire and Steadview Capital. This round follows a previous round in April raising $125 million at a $1.4 billion valuation, bringing the total investment in the company […]
SAN FRANCISCO — RudderStack, a platform for building customer data stacks trusted by many of the world’s leading brands, has raised $56 million in Series B funding. The round was led by Insight Partners along with continued support from Kleiner Perkins and S28 Capital. The investment will be used to accelerate growth and enable data […]
Alphabet, the parent company of Google, reported spectacular revenues and earnings for the fourth quarter 2021 and plans to split shares of stock 20-for-1 in July. The stock split applies to the company’s Class A, B and C shares and will bring the price back down into the mid-$100s based on the current trading price […]
SAN FRANCISCO — CaptivateIQ, a developer of sales commission software, has raised $100 million in Series C financing led by ICONIQ Growth, Accel and Sequoia, with Sapphire also joining as a new investor this round. CaptivateIQ is a provider of Incentive Compensation Management solutions that makes sales commissions easy to track and manage with automated […]
SVB Leerink, a Boston-based investment bank specializing in healthcare and technology and subsidiary of Silicon Valley’s SVB Financial, announced that the company will begin operating under a new name as SVB Securities LLC. The new corporate name aligns with the firm’s strategy to provide clients and investors across the innovation economy with the exceptional financial […]
The Home Depot, the world’s largest chain of home improvement stores, is hiring more than 100,000 new employees ahead of its busy spring season, as customers continue to invest in their homes. With openings at stores and warehouses nationwide and the majority of the U.S. population living within 10 miles of a Home Depot store, […]
San Mateo-native Tom Brady says he is officially retiring from the NFL’s Tampa Bay Buccaneers, ending an illustrious pro football career with seven Super Bowl wins. Brady announced his retirement on Twitter where he has 2.3 million followers after news broke last Friday that he planned to call it quits. ❤️ pic.twitter.com/B3KKl7DFk3 — Tom Brady […]
MrBeast, the top-earning You Tube star according to Forbes, is launching a new snack line. AKA Jimmy Donaldson, MrBeast’s snack line is called Feastables, a better-for-you snacking brand rooted in gamified experiences. [Photo above: Jimmy Donaldson, MrBeast, with his new line of snack bars.] Feastables’ first launch is the MrBeast Bar, a gluten-free chocolate bar […]
PALO ALTO – HP Inc. has released its latest global HP Wolf Security Threat Insights Report, providing analysis of real-world cybersecurity attacks. By isolating threats that have evaded detection tools and made it to user endpoints, HP Wolf Security has specific insight into the latest techniques being used by cybercriminals. The HP Wolf Security threat research […]
SANTA CLARA – Dremio, a company that helps businesses analyze their data lakes, has closed a $160 million Series E funding round, bringing the company’s valuation to $2 billion. This preemptive fundraising occurred just one year after a $135 million round led by Sapphire Ventures in January 2021. The new fundraising round is led by Adams […]
SAN FRANCISCO — Passport, an international shipping carrier built for cross-border e-commerce, has announced $39 million in new Series B funding. The round is led by TCV, with participation from new investors including Flexport, FJ Labs and Pure Imagination as well as industry angels including Nik Sharma CEO of Sharma Brands, Kitsch founders Cassandra and Jeremy Thurswell, […]
SANTA CLARA — DSP Concepts, creator of the Audio Weaver platform that powers sound and voice features in many of the world’s leading consumer and automotive brands, has successfully closed $28 million in Series C funding. The investment was led by entrepreneur investor, Mr. Yuchun Lee, with participation from new and previous investors including Sony Innovation Fund, Subaru, Porsche […]