News about Silicon Valley business almost everyday.
SANTA CLARA — Marvell Technology was awarded “Fittest Firm” in the 16th annual Silicon Valley Turkey Trot that was held virtually this year. Marvell has sponsored – and won – the Turkey Trot Fittest Firm Competition since 2016, having the largest number of employee registrants of any participating company, of any size in Silicon Valley […]
SAN FRANCISCO — Upgrade, Inc., a fintech company that offers affordable and responsible credit and mobile banking to consumers, has raised a $280 million Series F round at a $6 billion pre-money valuation. The round was led by Coatue Management and DST Global. Dragoneer Investment Group and existing investors including Gopher Asset Management, G-Squared, Koch Disruptive Technologies, Old Well Partners, […]
SAN FRANCISCO — Stytch, a company dedicated to improving security and user experience with passwordless authentication, says it has raised a $90 million Series B round of funding valuing the company at $1 billion. The round was led by Coatue Management LLC, with participation from existing investors Benchmark Capital, Thrive Capital, and Index Ventures. Stytch plans to use […]
Mariah Carey, superstar singer best known for holiday hit All I Want for Christmas is You, will debut her new Christmas show on Apple TV+ this Friday, December 3. This is the second consecutive year that Carey has taped a holiday show for Apple TV+. The highly anticipated special will reveal the first and only […]
Google has launched a new initiative to expand the information about food banks and pantries in Search results and Maps. The company is adding existing coverage with data from two initial nonprofit partners: WhyHunger and Hunger Free America, and has added information to make sure people searching for food support can find what they need. These changes […]
SAN JOSE — Adobe has announced a major expansion of its partnership with Major League Baseball (MLB) to reimagine fan engagement and continue to bring America’s favorite pastime to the next generation of fans – powered across Adobe Experience Cloud, Adobe Creative Cloud, and Adobe Sign. The partnership will allow MLB to bring new personalized, […]
Facebook has discounts of up to $100 off on its Portal devices for Black Friday. The deal is good through Cyber Monday on November 29, 2021. The Portal TV device — that lets you connect the Portal to your TV screen — is originally $149 and now on sale for just $79. A Portal with […]
SAN FRANCISCO — Benchling, developer of the R&D Cloud powering the biotechnology industry, has raised $100 million in Series F funding at a $6.1 billion valuation. The round was co-led by new investor Franklin Templeton and existing investor Altimeter Capital, and joined by new investors Tiger Global and Lone Pine Capital, as well as other existing investors. Benchling plans to use […]
SAN FRANCISCO — Render, which operates a Zero DevOps Cloud Platform, has closed its $20 million Series A investment round led by Addition, with participation from existing investors General Catalyst and the South Park Commons. This brings Render’s total funding to $26.75 million. Render offers a Zero DevOps Cloud Platform to developers and companies like Anker, Cypress.io, and Clearbit, helping […]
REDWOOD CITY — Plant-based food maker Impossible Foods has secured $500 million in its latest funding round, led by existing investor Mirae Asset Global Investments with participation from other existing investors. Impossible Foods is now the fastest-growing plant-based meat company in retail, outpacing the next 10 leading plant-based meat companies combined, according to custom IRI […]
The Salvation Army’s 131st annual Red Kettle Campaign launches the season of giving on Thanksgiving and is calling on a generous public to help ensure hope marches on for millions of Americans continuing to combat the impacts of pandemic poverty. The holiday fundraising campaign will ramp up at AT&T Stadium this afternoon with a special […]
NASA’s Double Asteroid Redirection Test (DART), the world’s first full-scale mission to test technology for defending Earth against potential asteroid or comet hazards, launched Wednesday at 1:21 a.m. EST on a SpaceX Falcon 9 rocket from Space Launch Complex 4 East at Vandenberg Space Force Base in California. Just one part of NASA’s larger planetary […]