News about Silicon Valley business almost everyday.
SAN FRANCISCO — Syntegra, a leader in synthetic healthcare data generation, has closed its seed financing, bringing in a total of $5.625 million. Syntegra’s investors include Sweat Equity Ventures, Hike Ventures, Innovation Global Capital, Wisconn Valley Ventures, Village Global, Impact Venture Capital, GRIDS Capital, Berkeley Catalyst Fund, Launchpad Capital, Vastly Valuable Ventures and First Spark Ventures. The […]
PALO ALTO — Avoma, a provider of a Meeting Lifecycle Assistant, has raised $12 million in a Series A round. The investment is led by Headline, with participation from Storm Ventures, Global Founder Capital, the Zoom Apps Fund, Operator Partners, Industry Ventures, along with its existing investors, K9 Ventures, Dragon Capital, and Twin Ventures. With […]
Walmart wants to soon deliver groceries not just to your front door, but directly in your refrigerator. The nation’s largest retailer is expanding its InHome delivery service, from 6 million households to 30 million U.S. households by the end of the year. To support the expansion, Walmart also plans to hire more than 3,000 delivery […]
REDWOOD CITY — The law firm Gunderson Dettmer Stough Villeneuve Franklin & Hachigian, LLP has elected 15 new partners, effective Jan. 1, 2022, in its largest new partner class to date. The firm now has more than 400 attorneys in 10 offices. These promotions add to the firm’s corporate and securities, fund formation, growth equity, […]
Here’s a list of area companies with stock prices over $200 at the end of 2021. The list would have been larger except for a late year selloff in technology stocks. Apple did not make this list since its stock price finished at $177.57 but the company was worth $2.9 trillion.
SAN FRANCISCO – Mperativ has launched from stealth and announced $6 million in funding, which includes a new $5 million Series A led by GFT Ventures with participation from Heroic Ventures and Westwave Capital, as well as a prior $1 million seed round. The investment will be used to significantly expand the company’s data science, engineering, […]
LAS VEGAS — Music superstar Katy Perry kicked off her new Las Vegas residency, Katy Perry: PLAY at the brand-new Resorts World Theatre in Las Vegas. The premiere performance Wednesday had a sold-out crowd on their feet as she brought a colorful performance to the Las Vegas Strip. “As with everything I do, PLAY is massively colorful for the […]
SOUTH SAN FRANCISCO — Ambys Medicines, a company pioneering cell-based therapies for severe liver diseases, has completed a $47 million extension of its Series A financing. This brings the total Series A funding raised by Ambys to $107 million. Ambys is developing an entirely new approach to treating severe liver disease. The company’s liver-cell production […]
SAN FRANCISCO — Cloud security firm Sysdig, Inc. has raised a $350 million Series G funding round at a valuation of $2.5 billion – bringing total funding to $744 million and more than doubling the company’s valuation in eight months. The financing was led by Permira’s growth fund. Guggenheim Investments joined this round, along with […]
Airbnb CEO and co-founder Brian Chesky is one of the world’s richest men with his stake in the home and apartment rental company. Chesky holds 76,437,399 shares in Airbnb based on SEC filings as of April 23. With a Wednesday closing price of $167.44, Chesky’s stake is worth $12.8 billion. Chesky, 40, earned a salary […]
NASA’s James Webb Space Telescope successfully launched last Saturday at 7:20 a.m. EST on an Ariane 5 rocket from Europe’s Spaceport in French Guiana, South America. [Photo above: NASA’s James Webb Space Telescope is seen above Earth after separating from its Ariane 5 rocket on Dec. 25, 2021. The view is from a camera on the rocket as Webb […]
The median home sale price rose 14.6% year over year to a new all-time high of $361,171 during the four-week period ending December 26, according to a new report from real estate brokerage Redfin. This comes as the number of homes for sale fell to a record low. New listings and pending sales both dropped to their lowest […]