SAN JOSE — Edge Impulse has reeled in $34 million in Series B funding led by Coatue, tripling its 2022 market valuation and growth forecast. Coatue joins existing investors, Canaan Partners, Acrew Capital, Fika Ventures, Momenta Ventures, and Knollwood Investment Advisory. “We are excited to have David Cahn, a Partner at Coatue, join our board […]
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KlearNow Clears $50 Million in New Funding
SANTA CLARA — KlearNow, a provider of smart Logistics as a Service (LaaS), has raised $50 million in new capital to transform broken supply chains—simplifying and providing real-time cargo visibility to the customs clearance and drayage processes. KlearNow’s AI-powered platform eases the worldwide supply chain disruptions that have left businesses grappling with delays and shortages. The […]
Course Hero Takes In $380 Million Series C
REDWOOD CITY — Course Hero Inc., an education platform offering a suite of learning resources and tools for learners, has raised $380 million in Series C funding, now valuing the company at $3.6 billion. The Series C funding round was led by Wellington Management with participation from new investors Sequoia Capital Global Equities, OMERS Growth Equity and D1 Capital […]
Incode Secures $220 Million Series B
SAN FRANCISCO – Incode, an identity verification and authentication platform for global enterprises, has raised $220 million in equity for its Series B funding round, giving the company a $1.25 billion valuation. Incode says it grew 6x in revenues over the last 12 months and raised $25 million Series A funding in March. This latest […]
Forum Mobility Raises $7.5 Million Seed Funding
SAN FRANCISCO – Forum Mobility, a zero-emission fleet and infrastructure provider, has raised $7.5 million in seed funding to build its operations, broaden its team, and for product development. The round was co-led by Obvious Ventures and Homecoming Capital, with additional funding provided by Edison International and Overture VC. Forum plans to use the tunds […]
Tipalti Valued at $8.3 Billion With New $270 Million Round
SAN MATEO — Tipalti, which offers a global payment platform for businesses, has raised $270 million in series F funding at a valuation of $8.3 billion, bringing total funding raised to date to just over $550 million and placing Tipalti among the most valuable private fintech companies in the world. Tipalti plans to use the funding to accelerate its […]
McDonald’s Launches 12 Days of Free Food With Mariah Carey
McDonald’s, the nation’s leading fast-food chain, is launching 12 days of free food deals starting Monday with Mariah Carey. Customers can get a free Big Mac Monday with any purchase of $1 when using the McDonald’s App. Mariah Carey is one of the best-selling musicians of all time and known for her holiday hit “All […]
Softbank Vision Fund 2 Leads $300 Million Round in Cerebral
SAN FRANCISCO — Cerebral Inc., an online mental health company, has closed a large $300 million Series C round led by the SoftBank Vision Fund 2. The round also included participation from new and existing investors, including Prysm Capital, Access Industries, WestCap Group, and ARTIS Ventures. Having launched less than two years ago, this round […]
Adobe Sees Record Inflation Online
SAN JOSE — Adobe has released the latest online inflation data for the month of November 2021. Online prices hit a record high at a 3.5% year-over-year (YoY) increase while prices are down 2% month-over-month (MoM) due to holiday discounts. This is the highest YoY increase since Adobe first began tracking the digital economy in 2014, […]
Sandra Bullock Stars in Netflix Movie Unforgivable
Three years after starring in the Netflix hit Bird Box, Sandra Bullock is back on the world’s leading streaming service in a very different kind of survival story. In the new film The Unforgivable debuting December 10, Bullock plays a woman who is released from prison after serving a sentence for a violent crime and must […]
C3.ai Wins $500 Million Defense Contract
REDWOOD CITY – Enterprise AI software company C3.ai, Inc. has been awarded a new five-year Production-Other Transaction Agreement with the U.S. Department of Defense (DoD). The agreement allows for an accelerated timeline to acquire C3 AI’s suite of Enterprise AI products and allows any DoD agency to acquire C3 AI products and services for modelling […]
Apple Now Worth Over $2.94 Trillion
Shares in Apple continued to hit record highs and closed at $179.45 on Friday, up $4.89. The Cupertino company is now worth $2.94 trillion and closing in on the magical $3 trillion number. No company has ever traded at a value over $3 trillion and Apple could be the first one in history. If shares […]