News about Silicon Valley business almost everyday.
SAN FRANCISCO — thirdweb, a technology platform for building NFT and Web3 apps, has closed $24 million in Series A funding at a $160 million valuation. The round was led by Haun Ventures, with participation from Coinbase Ventures, Shopify, Protocol Labs, Polygon, Shrug VC, Joseph Lacob and others. thirdweb will use the funding to accelerate platform development to meet increasing demand, […]
MOUNTAIN VIEW — StarTree, Inc. has announced $47 million in Series B funding to accelerate product development, expand sales and marketing, and continue to drive fast adoption of its real-time analytics platform. The funding round was led by Series A investor GGV Capital, with additional investment from new investor Sapphire Ventures and existing investors Bain Capital Ventures and CRV. StarTree […]
Starbucks is now serving the popular Pumpkin Spice Latte (PSL). The fall drink is back for its 19th year. The handcrafted beverage combines Starbucks Signature Espresso and steamed milk with flavors of cinnamon, nutmeg and clove to complement the real pumpkin in the sauce. Topped with whipped cream and pumpkin pie spices, PSL is available hot, […]
PALO ALTO – HP Inc. has completed its acquisition of Poly, a Santa Cruz-based provider of workplace collaboration solutions, for $40 per share or $3.3 billion in cash. Poly was formerly known as Plantronics before changing its name in 2019 after acquiring Polycom. The deal is expected to accelerate HP’s strategy to create a more […]
Apple TV+ has revealed its fall slate for kids and families, featuring an array of fresh, original series, new on-screen imaginings of beloved properties, as well as returning fan-favorite and critically acclaimed series. New original series coming to the platform this autumn include “Sago Mini Friends,” an animated series [photo above] based on characters from […]
SAN FRANCISCO — Headroom, a meeting platform leveraging artificial intelligence to improve communications and productivity, has raised a $9 million investment led by Equal Opportunity Ventures with participation from Gradient Ventures, LDV Capital, AME Cloud Ventures and Morado Ventures. The capital brings total funding to date to $14 million and will be used to expand Headroom’s team, product development and mobile […]
Housing demand in California cooled further in July as the effects of rising interest rates and high home prices hit would-be homebuyers, dragging home sales below the annualized 300,000 benchmark level for the first time since May 2020, according to the CALIFORNIA ASSOCIATION OF REALTORS (C.A.R.). July’s statewide median home price was $833,910 down 3.5% percent […]
Apple announced Self Service Repair is now available for MacBook Air and MacBook Pro notebooks with the M1 family of chips, providing repair manuals and genuine Apple parts and tools through the Apple Self Service Repair Store. Self Service Repair for iPhone launched earlier this year and the program will expand to additional countries — […]
Fitbit, a division of Google, has introduced new versions of its wearable devices that combine Fitbit’s health and wellness tools with the smarts of Google — Inspire 3, Versa 4 and Sense 2. These devices are even thinner and more comfortable, so you can wear them all day and night, and you don’t have to […]
SAN JOSE — PayPal has partnered with National Philanthropic Trust (NPT) and Vanguard Charitable to introduce Grant Payments, a new product that enables Donor-Advised Fund (DAF) sponsors, community foundations and other grantmakers to deliver grants to charities quickly and electronically via PayPal. Grant Payments will enable charities to receive grants shortly after the funds have […]
SAN FRANCISCO — Cherubic Ventures has completed the venture capital firm’s Fund V at $110 million, with a total of over $400 million in committed capital under management. Operating under a multi-market, “First check” strategy, the VC firm saw two IPOs and one major acquisition in 2021, doubling its number of successful unicorns from the previous […]
SAN JOSE and SYRACUSE, NY — eBay Inc. has agreed to acquire Syracuse-based TCGplayer in a deal worth up to $295 million. Trading cards are an attractive category, which has seen substantial growth. TCGplayer is a leading technology platform for the collectibles industry, and will continue to operate autonomously as one of the largest online […]