News about Silicon Valley business almost everyday.
SAN FRANCISCO — Lang.ai has completed a $10.5 million Series A round led by Nava Ventures with participation from new and existing investors including Oceans Ventures, Forum, Flexport Fund, as well as industry leaders – Mike Murchison (CEO of Ada), Joaquim Lecha (CEO of Typeform) and Javier Mata (CEO of Yalo), senior engineering and sales […]
PALO ALTO — Deserve, a fintech company expanding and powering the real-time credit card economy, has secured a new $250 million credit facility with Goldman Sachs, Cross River, and Waterfall Asset Management. With Deserve’s digital-first, mobile-centric, and highly configurable credit card platform, the company will use this new funding to meet the growing demand from […]
Google Translate has helped break down language barriers and connect communities all over the world. The company has just added 24 languages to Translate, now supporting a total of 133 used around the globe. Over 300 million people speak these newly added languages — like Mizo, used by around 800,000 people in the far northeast […]
SAN FRANCISCO –– Voxel, a startup using computer vision to transform safety and operations in the workplace, has landed $15 million Series A funding round led by Eclipse Ventures with participation from MTech and World Innovation Labs. Since raising its seed round in September, Voxel has grown by decreasing on-site injuries by upwards of 80% and […]
SAN FRANCISCO — Observe.AI, an Intelligent Workforce Platform that transforms contact centers through AI, has raised $125 million in Series C funding led by SoftBank Vision Fund 2 with participation from Zoom Video Communications, Inc. This brings Observe.AI’s total funding to date to $213 million. This new funding highlights increased confidence in Observe.AI’s market position […]
SAN FRANCISCO — Rippling has raised $250 million in a round co-led by Bedrock and Kleiner Perkins, with participation from existing investors Y Combinator, Sequoia Capital, and more. The round values the company at $11.25 billion. Rippling helps businesses manage all of their HR & IT — payroll, benefits, computers, apps, and more — in […]
Amazon announced plans to create more than 2,500 corporate and technology jobs over the coming years in multiple cities across California. The company will expand its Tech Hubs in San Diego and the Los Angeles area, including Irvine and Santa Monica, as it seeks to recruit local talent and continue inventing and innovating on behalf […]
PALO ALTO – A man who committed a lewd act in the self-checkout line of a Safeway grocery store in Palo Alto in January is now in custody, pursuant to a warrant detectives obtained for that crime and a new similar incident that occurred in American Canyon earlier this week. On the morning of Wednesday, January […]
MOUNTAIN VIEW — In a joint effort to make the web more secure and usable for all, Apple, Google, and Microsoft announced plans to expand support for a common passwordless sign-in standard created by the FIDO Alliance and the World Wide Web Consortium. The new capability will allow websites and apps to offer consistent, secure, […]
New York Attorney General Letitia James announced a record multistate agreement with Intuit Inc., the owner of TurboTax, for deceiving millions of low-income Americans into paying for tax services that should have been free. As a result of Attorney General James’ agreement, Intuit will pay $141 million in restitution to millions of consumers across the nation […]
Google Cloud is teaming up with SC Johnson to power its national mosquito forecast by zip code for its OFF! repellent brand. Mosquitoes can infect more than 700 million people a year with dangerous diseases like Zika, Malaria, Dengue Fever, and Yellow Fever. Prevention is the best protection, and stopping mosquito bites before they happen is […]
Home Depot, the nation’s largest chain of home-improvement stores, has unveiled Home Depot Ventures, a venture capital fund created to back early-stage companies. The $150 million fund aims to invest in companies that advance The Home Depot’s ability to provide a seamless interconnected shopping experience, develop new and differentiated capabilities, and extend its low-cost provider […]