News about Silicon Valley business almost everyday.
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 […]
SAN FRANCISCO — Just one day after Jack Dorsey stepped down as CEO of Twitter, he’s already making big moves at his other company Square. Dorsey has decided to change the name of Square this week to Block. Block will be the new name for the company as Square has expanded beyond its original business […]
MENLO PARK — Blue Lava, creator of the first security program management platform built by and for chief information security officers (CISOs), has completed a total of $25 million in series A funding, with the latest $7.5 million investment on top of $17.5 million raised previously. The latest financing round, led by Crosslink Capital with contribution […]
SAN FRANCISCO — Panther Labs, a cloud-scale security analytics platform, announced $120 million in Series B funding. The investment will be used to fuel rapid market expansion, bringing Panther’s fast, flexible and scalable platform for threat detection and incident response to security teams everywhere. The round was led by Coatue Management, with new participation from […]
SAN FRANCISCO — Uniform, which calls itself the first headless composable digital experience platform (DXP) company, has raised a $28 million Series A investment round led by Insight Partners. The round also includes participation from Elad Gil and Array Ventures. Uniform plans to use the new funds to accelerate the growth of its global team, deepen relationships with ecosystem […]
CUPERTINO — Apple has announced the winners of the third annual Apple Music Awards, recognizing the best artists of 2021 and their influence on global culture. The Apple Music Awards honor achievements in music across five distinct categories — Artist of the Year, Songwriter of the Year, Breakthrough Artist of the Year, Top Song of […]
Google has announced the winners of Google Play’s Best of 2021, a collection of apps and games that made positive contributions to culture this year. And to encourage innovation across Google Play, the company has expanded this year’s awards to apps and games on tablets, plus apps on Wear OS and Google TV. By challenging […]