News about Silicon Valley business almost everyday.
SAN FRANCISCO — Klarity, an AI platform that turns documents into structured data and frees humans from painful and voluminous document review, has announced $18 million in Series A funding led by Tola Capital with participation from new and existing investors. [Photo above: Klarity founders Ondrej Antos and Nischal Nadhamuni on Y Combinator Demo Day (Summer 2018)/ The company, […]
A “smash and grab” robber who invaded a high-end sneaker store in Santa Clara multiple times late last year faces prison if convicted of charges filed last week by Santa Clara District Attorney. Gregory Jefferson, 19, was arrested in his Pittsburgh home in January. Inside the home, Santa Clara police found 30 boxes of luxury […]
MOUNTAIN VIEW — Wisk, an Advanced Air Mobility (AAM) company and developer of the first all-electric, self-flying air taxi in the U.S., has secured $450 million in funding from The Boeing Company, one of the world’s top two makers of passenger planes. This investment will help advance the development of Wisk’s 6th generation eVTOL aircraft, a […]
PALO ALTO — ArmorCode, a provider of AppSecOps, has secured an additional $8 million in seed financing led by Cervin Ventures with participation from Sierra Ventures that lead the previous round of funding, Tau Ventures, and several prominent Cybersecurity leaders, including founders of Demisto and RedLock, bringing the total seed round to $11 million. The company will use these new funds to extend […]
Google is holding its 14th annual Doodle for Google contest for students. The 2022 contest theme is, “I care for myself by…”. Pop star Selena Gomez [photo above] is one of the three judges in the contest. The 2022 Doodle for Google contest is open to students based in the United States, Guam, Puerto Rico […]
On Tuesday, Jan. 18, 2022, at approximately 3:45 p.m., the Santa Clara Police Department (SCPD) responded to a package theft incident on the 3000 block of Toomey Place. In this case, the victim was notified by the delivery service that a package arrived. The victim went to the front porch and noticed the package was […]
SAN FRANCISCO — Stripe, which helps businesses process payments online, has entered into an agreement to acquire Hong Kong-based BBPOS, one of Stripe’s earliest and closest Terminal manufacturing partners. Last year alone, BBPOS and Stripe collaborated on three new card readers, including the first Stripe-designed piece of hardware, Stripe Reader. By bringing hardware development in-house, […]
SAN FRANCISCO — WorkStep, a workforce hiring and retention platform for the supply chain, has raised $25 million in Series B funding to combat the workforce shortage by transforming how enterprises hire and retain frontline workers. The investment brings its total capital raised to $42 million. The investment was led by NewRoad Capital Partners – an operator-led, […]
Palo Alto Police are investigating an armed robbery that occurred last week at the Stanford Shopping Center, where the suspect took purses from two women dining together. There were no physical injuries and the suspect remains at large. On Tuesday, January 18, 2022, at about 2:47 p.m., police dispatch received a call reporting an armed […]
SAN JOSE — dNovo Inc., a company developing a cure for hair loss by generating personalized hair stem cells, has emerged from stealth mode and announced $2.7 million in seed funding from Y Combinator, Felicis Ventures, Soma Capital, Yintai Investment Company LLC, and others. [Photo above: Laboratory mouse 7 months after transplantation with dNovo’s induced […]
SAN FRANCISCO — -Fathom, an AI Notetaking app for Zoom, has launched with $4.7 million in seed funding from a coalition of early Zoom investors (Maven Ventures, Bill Tai, Matt Ocko), Silicon Valley insiders (CEOs of Reddit, Twitch, Cruise, Mercury, People.ai, Snapdocs, Shogun), early-stage VC firms (Character, Active Capital, Global Founders Capital, Rackhouse.vc, Soma Capital), […]
Apple TV+ has unveiled the teaser trailer and premiere date for “WeCrashed,” a new limited series from Lee Eisenberg and Drew Crevello, based on the hit Wondery podcast “WeCrashed: The Rise and Fall of WeWork” and starring Academy Award and SAG Award winners Jared Leto and Anne Hathaway. The limited series also stars Kyle Marvin, […]