News about Silicon Valley business almost everyday.
PALO ALTO — Alpha Medical has completed a $24 million oversubscribed series B round to help seal its leadership position in women’s virtual primary care. Alpha allows women to take control of their healthcare by providing the highest quality medical care in a convenient and affordable online process. Investors in this round include SpringRock Ventures, Margo Georgiadis, […]
SAN FRANCISCO — CodeSignal, a technical assessment platform dedicated to helping companies, including Facebook, Roblox, Zoom, Robinhood, and others, make data-driven hiring decisions in tech recruiting, has announced $50 million in Series C funding. This round, which brings CodeSignal’s total funding to $87.5M, was led by Index Ventures, with additional participation from Menlo Ventures, Headline, […]
Apple has released iOS 15 now available as a free software update for users with iPhone 6s and later. iOS 15 introduces new ways to stay connected, powerful updates that help users focus and explore, and intelligent features to get more done with iPhone. FaceTime updates provide more natural video calls, Focus helps users reduce […]
SAN FRANCISCO — Sleeper, which operates a fast-growing fantasy sports app, has awoken with a $40 million Series C fundraising round. This round of funding was led by Andreessen Horowitz, who was also the lead investor in Sleeper’s Series B round. Founded in 2018, the company said it has more than doubled its user base […]
EMERYVILLE — Ambi Robotics, the pioneer in simulation-to-reality AI for highly-dexterous robotics, has closed a $26 million Series A funding round. The investment is led by new investor, Tiger Global Management, and builds on participation from existing investors Bow Capital, Vertex Ventures US and The House Fund. The new funding comes at a time of […]
SAN FRANCISCO — Powerhouse law firm Wilson Sonsini Goodrich & Rosati, has partnered with Workiva Inc. —which simplifies complex work for thousands of organizations worldwide—to automate one of the most arduous tasks facing companies going public: generating the registration statement, also known as “SEC Form S-1,” or simply “S-1.” Wilson Sonsini has advised more U.S. […]
SAN MATEO — Aircover, a real-time sales intelligence platform for customer facing teams, has raised a $3 million Seed round of funding. The round was led by Defy Partners, with participation from Firebolt Ventures, Flex Capital, and Ridge Ventures. Additional angel investors include industry veterans in video conferencing, enterprise software, and machine learning. Bob Rosin of Defy Partners […]
TORONTO & MENLO PARK — Canadian-based CI Financial Corp. has agreed to acquire Portola Partners, a Silicon Valley wealth management firm specializing in meeting the distinct needs of ultra-high-net-worth families. Portola Partners manages US$5.2 billion in assets and provides comprehensive investment and wealth planning solutions to respected families with complex, unique requirements. It has […]
SAN FRANCISCO — Instacart, the nation’s leading online grocery delivery service, is expanding its partnership with The Kroger Co. to offer grocery items that can be delivered in as fast as 30 minutes. The new service being launched is called Kroger Delivery Now – powered by a virtual convenience store that is fulfilled by the […]
SAN FRANCISCO — Venture capital firm 500 Startups is changing its name and announced the closing of a $140 million global flagship fund–the firm’s largest fund to date–bringing assets under management to $1.8 billion. The firm has changed its name to 500 Global and is expanding its investment strategy beyond the accelerator and seed stage. […]
MOUNTAIN VIEW — Abra, a wealth management platform for cryptocurrency investors, has raised $55 million in Series C funding. The round was led by IGNIA and Blockchain Capital, with new investors including Kingsway Capital, Tiga Investments and the Stellar Development Foundation. Additional investments from existing investors include Lerer Hippeau Ventures, Amex Ventures, Arbor Ventures, RRE […]
SOUTH SAN FRANCISCO — Walking Fish Therapeutics, a leader in B cell engineering, has closed $50 million in Series A financing— led by investors including Emerson Collective, Illumina Ventures and Quan Capital— to develop B cell therapeutics for oncology, rare disease, regenerative medicine, autoimmune disease, and recombinant antibody production. Walking Fish Therapeutics has made critical advances in developing […]