News about Silicon Valley business almost everyday.
SANTA CLARA — Cybersecurity firm Palo Alto Networks has unveiled Okyo Garde, an enterprise-grade cybersecurity solution delivered through a premium mesh-enabled Wi-Fi 6 system. The device will provide security to home-based workers and small businesses where the workplace is as likely to be a kitchen table or spare bedroom as an office cubicle. Okyo Garde combines […]
PALO ALTO – AV8 Ventures has launched its second fund with $180 million backed by German financial services giant Allianz. AV8 is an early-stage investor that funds entrepreneurs who are commercializing emerging technologies in AI-driven health, mobility and enterprise. AV8 Ventures has invested in 20 companies with a focus on the US since its launch […]
SAN FRANCISCO — Vouch, a provider of business insurance for startups, has closed $90 million in new funding and announced it is the preferred business insurance provider to Brex, Carta, and WeWork customers. Vouch has also closed on $90 million of new funding, established its own authorized insurance carrier, and also expanded its line of […]
REDWOOD CITY — EveryDay Labs, which works with thousands of schools to boost attendance rates through behavioral science, announced an $8 million Series A round of financing led by Rethink Impact, the largest U.S.-based impact venture capital fund investing in female leaders using technology to generate social impact. The round also includes participation from Reach Capital, […]
SANTA CLARA — Aviatrix, a provider of cloud networking and network security, has raised $200 million in growth funding led by TCV. Additional new investors include Insight Partners and Tiger Global, while existing investors CRV, Formation 8, General Catalyst, Greenspring Associates, Ignition, Liberty Global Ventures, Meritech Capital and TrueBridge Capital Partners also participated in the round. […]
BURLINGAME — UnitQ, a company developing a platform to improve product quality, has raised a $30 million Series B round led by Accel, with support from Creandum and Gradient Ventures, Google’s AI-focused venture fund. This brings the total amount raised by UnitQ to $41 million since launching in 2018. This Series B will allow the […]
FREMONT — Alamar Biosciences, Inc., a precision proteomics company that brings both ultra-high sensitivity and massively parallel scale to proteomic analysis, has closed an $80 million Series B financing round, bringing its total funding to $110 million. The Series B financing round was led by Sherpa Healthcare Partners and included Morningside Ventures, Samsara Biocapital, and existing investors […]
SAN FRANCISCO – Checkr, a leading a provider of employee background checks, has raised $250 million in a Series E round valuing the company at $4.6 billion. The round was led by Durable Capital, alongside new investors Fidelity Management & Research Company LLC, and Franklin Templeton with participation from all major current investors including BOND Capital, Khosla […]
Netflix, the world’s leading streaming entertainment service, is holding a promotional event for fans worldwide called TUDUM on September 25. What is TUDUM? It’s the intro beat you hear at the beginning of every show or movie on Netflix. On Saturday, September 25, Netflix’s biggest stars and creators from around the world — representing over […]
Best Buy, the nation’s largest electronics chain, is now selling scooters, mopeds and e-bikes from top brands online. Starting October, customers can also buy vehicles in person at 10 Best Buy stores in Austin; Los Angeles; Miami; New York; Orlando; Puerto Rico; San Francisco; Seattle; and Tampa, FL. The selection includes e-bikes, scooters, mopeds and […]
Airbnb released data last month about new hosts on its rental network. Hosts in the US, who welcomed their first guests in the first six months of 2021 and have only one listing, have collectively made millions of dollars hosting on Airbnb. Half of new listings that were both activated and booked in early 2021 […]
SAN FRANCISCO — Solv, a national network of healthcare providers making same-day and next-day healthcare accessible to anyone, announced the close of a $45 Million Series C funding round led by Acrew Capital and Corner Ventures. Other participants include prior investors Greylock Partners and Benchmark Capital. The funding will support the company’s expansion of its […]