News about Silicon Valley business almost everyday.
Apple Original Films last week hosted the Los Angeles premiere of the highly anticipated film “The Tragedy of Macbeth,” written and directed by four-time Academy Award winner Joel Coen, and starring two-time Academy Award winner Denzel Washington and four-time Academy Award winner Frances McDormand. “The Tragedy of Macbeth” was released in select theaters by A24 […]
SAN FRANCISCO — Focal Systems, a provider of retail automation technology, has closed a $25.8 million Series B financing round, led by Point72 Ventures, and joined by existing investors Costanoa, Zetta, and Zebra Technologies, among others. The company says it will use the new funds to continue its rapid growth and innovation with their AI-powered retail automation solutions, as […]
The founders of Hashicorp, a cloud platform for businesses that went public earlier this month, are collectively worth $3.3 billion. Shares in Hashicorp were up 8.6% Monday to close at $97.60. The company went public at $80 per share on December 8. Co-founder Mitchell Hashimoto holds 15,127,104 shares in the company worth $1.47 billion. Co-founder […]
SAN FRANCISCO — Sigma Computing, a provider of cloud analytics and business intelligence (BI), has raised $300 million in Series C financing. D1 Capital Partners and XN co-led the round with returning investors Sutter Hill Ventures and Altimeter Capital, and an investment from Snowflake Ventures. Sigma Computing has now raised $381.3 million to help business and technical users […]
Six tech companies were added to the Nasdaq-100 Index (Nasdaq: NDX) last week in an annual reconstitution of the index. The following six companies were added to the Nasdaq 100: Airbnb, Inc. (Nasdaq: ABNB), Fortinet, Inc. (Nasdaq: FTNT), Palo Alto Networks, Inc. (Nasdaq: PANW), Lucid Group, Inc. (Nasdaq: LCID), Zscaler, Inc. (Nasdaq: ZS), Datadog, Inc. […]
SAN FRANCISCO — Dialpad Inc., which operates an AI-powered cloud communications and collaboration platform, has raised $170 million in funding. The funding valued the company at $2.2 billion. To date, Dialpad has raised $418 million in capital. ICONIQ Capital leads the funding round which includes participation from Amasia, GV, OMERS Growth Equity, Work-Bench, Section 32, […]
SAN FRANCISCO — Retool says it has raised $20 million Series C from existing investors: Sequoia Capital, Elad Gil, Nat Friedman, Daniel Gross, and John and Patrick Collison. These investors also led the company’s Series A and Series B rounds. Retool helps companies connect their apps and databases to build their own tools in minutes. […]
SAN FRANCISCO — Univfy, a provider of artificial intelligence (AI) and machine learning (ML) to personalize counseling and increase access to fertility care, has raised $6 million of its Series B funding round led by a portfolio company of Atlantic Street Capital. Known by fertility specialists and patients for its flagship Univfy PreIVF Report, Univfy has commercialized a […]
SAN FRANCISCO – Airtable, which operates a connected apps platform that helps companies modernize their business processes, has raised a massive $735 million Series F round. The new funding brings Airtable’s total investment to date to $1.36 billion and values the company at $11 billion (pre-money). This Series F round includes participation from: XN, which […]
California remains the most populous state in the nation from new figures by the U.S. Census Department. According to the U.S. Census Bureau’s Vintage 2021 national and state population estimates and components of change, the population of the United States grew in the past year by 392,665, or 0.1%, the lowest rate since the nation’s […]
SANTA CLARA — Glassbeam, Inc., a developer of machine data analytics for connected medical equipment, has raised $10 million in a Series B funding led by Appian Way Asset Management, along with a strategic investment from one of its flagship healthcare accounts, MultiCare Health System. The new money will be used to scale up global commercial infrastructure including sales and marketing […]
Doordash has inked a nationwide partnership with retailer JCPenney to offer on-demand delivery of home, electronics, and beauty & personal care products from more than 600 JCPenney stores nationwide. Just in time for the holidays, consumers can now shop for thousands of items from one of the nation’s leading department stores through the DoorDash app […]