News about Silicon Valley business almost everyday.
SAN FRANCISCO — Epic Cleantec, the San Francisco-based onsite water reuse firm, has successfully closed a $9.4 million financing round. The company has pioneered an approach to treat and reuse water in buildings and will use the funding to expand geographically and deepen its portfolio of technology offerings. Epic’s onsite water reuse approach captures and […]
Denny’s, a national chain of restaurants, has formed a partnership with Warner Brothers’ blockbuster The Matrix franchise to offer free delivery now through December 19 on all digital orders placed through Dennys.com and its new Denny’s apps for iOS and Android. During this limited-time promotion, Denny’s Rewards members will be transported into a real-life version of The Matrix where they will experience personalized “glitches” that […]
SANTA CLARA — With a booming market for technology stocks and IPOs, Intel plans to take its Mobileye division public in mid-2022 via an initial public offering (IPO) of newly issued Mobileye stock. The move will unlock the value of Mobileye for Intel shareholders by creating a separate publicly traded company and will build on […]
Apple’s streaming service Apple TV+ has ordered “Disclaimer,” a new original series from Academy Award and Golden Globe winning director Alfonso Cuarón (Golden Lion Award-winning “Roma,” “Gravity,” “Children of Men”) through his production company Esperanto Filmoj. Apple has been busy this year bulking up Apple TV+ with exclusive movies and shows to compete with other […]
SAN JOSE — eBay Inc. has named 50 recipients of its second annual Up & Running Grant program, which was created to support small businesses with funding and business development resources. This year’s list of 50 US winners includes sellers from 25 states across motors, electronics, fashion, beauty, collectibles and more. Each will receive $10,000 to re-invest in […]
SAN FRANCISCO – Dispatch Goods, a reusable packaging logistics startup that enables restaurants and delivery companies the ability to offer reusable, sustainable packaging, has completed a $3.7 million seed raise. The round was led by Congruent Ventures along with Bread and Butter Ventures, Precursor Ventures, Incite Ventures, MCJ, and Berkeley SkyDeck. Dispatch Goods says it successfully […]
SANTA CLARA — Dragonboat, which operates a product portfolio management platform, has reeled in a $12 million Series A round led by Insight Partners, with participation from existing investors Act One Ventures, Roble Ventures and GingerBread Capital. The round quickly follows the company’s $3 million seed announcement in July and the company says it had 500% growth […]
New Twitter CEO Parag Agrawal took over for Jack Dorsey last week and will be paid a salary of $1 million according to filings with the SEC. He is also eligible for a bonus of up to 150% of his salary and is also getting stock options valued at $12.5 million. Agrawal was formerly Chief […]
Apple has revealed its list of the 2021 App Store Award winners, recognizing the 15 best apps and games that helped users tap into personal passions, discover creative outlets, connect with new people and experiences, and simply have fun. This year’s winners include developers from around the world whose apps and games were selected by […]
SAN FRANCISCO — LogDNA, which operates an observability data platform, announced that cybersecurity investment and advisory firm NightDragon will lead a Series D funding round of $50 million with participation from existing investors Emergence and Initialized Capital. In November, LogDNA made Deloitte’s 2021 Technology Fast 500, which highlighted the company’s 1293% revenue growth from 2017 […]
HAYWARD — Halio, builder of smart windows, says it has raised $100 million in financing led by inside investors SK and Capricorn Investment Group. SK is Korea’s third-largest company with more than $68 Billion in annual revenue. Halio develops and commercializes breakthrough advances in electrochromic technology that maximize natural light while mitigating solar heat and […]
SAN DIEGO & LAKE FOREST, CA — Two California fast-food chains are merging. Jack in the Box has agreed to buy Del Taco Restaurants, the nation’s second largest Mexican fast-food chain by number of restaurants, for $12.51 per share in cash in a deal valued at $575 million, including existing debt. Del Taco stock was […]