News about Silicon Valley business almost everyday.
Uber, the leading ride-sharing service and the second-largest food delivery service, has introduced a membership program called Uber One. Priced at $9.99 per month or $99.99 per year, customers can get discounts on both rides and food delivery. The program is similar in price to Dashpass on Doordash except Uber is offering discounts on both […]
SAN FRANCISCO — Kettle, a reinsurance startup that uses advanced deep learning to better protect people from the growing risks associated with climate change, has raised a $25 million Series A funding round led by Acrew Capital, with participation from Homebrew, True Ventures, Anthemis, Valor, DCVC, and LowerCarbon Capital. Kettle is bringing advanced technology to the $400 billion-a-year reinsurance […]
SAN FRANCISCO — Deliverr, an e-commerce fulfillment and technology company that provides fast and affordable fulfillment services to e-commerce merchants on marketplace platforms like Shopify, Walmart, Amazon, eBay, Target, and others, has raised $250 million in a Series E fundraising round led by new investor Tiger Global. Existing investors, 8VC, Activant, GLP, Brookfield Technology Partners, […]
SAN FRANCISCO — Niantic Inc., a game maker best known for Pokemon Go and developer of the world’s first and only planet-scale AR platform, announced that Coatue has made a $300 million investment in the company at a valuation of $9 billion. Niantic will use the funds to invest in current games and new apps, […]
Doordash, the nation’s leading food delivery service, experienced problems with its Dasher app for drivers Wednesday evening. The Dasher app had problems for nearly two hours with drivers (also known as dashers) unable to access or receive orders. The problems happened after 5 pm Eastern Time but seemed to have been resolved a few hours […]
CUPERTINO — Apple has filed a lawsuit against Israeli spyware company NSO Group and its parent company to hold it accountable for the surveillance and targeting of Apple users. The complaint provides new information on how NSO Group infected victims’ devices with its Pegasus spyware. To prevent further abuse and harm to its users, Apple […]
SAN FRANCISCO — Cortex announced it has raised $15 million in Series A funding co-led by Tiger Global and Sequoia Capital. The funding round also includes technology investors, founders, and business leaders participating, including Silicon Valley angel, Gokul Rajaram; co-founder and CEO of Front, Mathilde Collin; and CEO of Snyk, Peter McKay. Cortex’s service catalog is the […]
SAN FRANCISCO — Luma Health, a leading patient engagement platform, has announced a $130 million Series C funding round led by FTV Capital, a sector-focused growth equity investment firm, with participation from existing investors. This latest round brings Luma Health’s total funding raised to $160 million. Luna Health reports 2x growth year over year since the company’s […]
SAN FRANCISCO –– MasterClass, a streaming platform where anyone can learn from the world’s best across a wide range of subjects, \announced that the world’s youngest-ever Nobel Peace Prize laureate and award-winning author and activist Malala Yousafzai will teach a class on creating change. With powerful stories from her personal journey of becoming an activist, Malala will […]
SAN FRANCISCO — Instacart, the leading online grocery service in North America, has unveiled the company’s first integrated brand advertising campaign – “How Homemade is Made” – inviting people to share love through food and celebrate the moments that only happen at home. In the campaign, Instacart spotlights the power of meals to bring people […]
Apple is adding “Disney Melee Mania” from Mighty Bear Games to its gaming subscription service, Apple Arcade, next month. Players will join forces in rumble-ready teams featuring iconic and fan-favorite Disney and Pixar characters, who will duke it out in a dazzling, never-before-seen virtual arena. From Wreck-It Ralph, Elsa, and Mickey Mouse to Frozone, Moana, […]
SAN FRANCISCO — Vercel, a platform to develop, preview and ship websites, from single static pages to apps with billions of dynamic pages, and creator of Next.js, the leading React and JavaScript framework for frontend web development, has secured $150 million in Series D funding at a $2.5 billion valuation. The round was led by GGV […]