News about Silicon Valley business almost everyday.
GILROY — KB Home has announced the grand opening of Ascent, a new, townhome-style condominium community in the highly desirable Glen Loma Ranch master plan. Ascent is situated in the foothills of Gilroy, just off US-101 and about 30 miles south of San Jose, providing access to Silicon Valley’s major employment centers. The new community […]
Alt, which lets users invest in trading cards like stocks, has raised a $75 million Series B round from pro athletes including superstars Tom Brady, Kevin Durant and Giannis Antetokounmpo. AngelList Co-Founder Naval Ravikant and Accomplice Co-Founder Jeff Fagnan ignited the round via Spearhead, a program that gives seasoned founders a first fund to angel […]
SAN JOSE — eBay, one of the world’s largest online marketplaces, has introduced eBay Refurbished, a new destination for like-new products. Shoppers can discover refurbished items from brands like Apple, Samsung and Dyson, all backed with a one- or two-year warranty. Through this new offering, the deeply discounted inventory is sourced directly from premium brands […]
NVIDIA says it will help its 9,000+ members of NVIDIA Inception with a better chance to get venture capital funding. The company is introducing a new program benefit to connect these startups with a rapidly growing community of 200 VCs and investors. The NVIDIA Inception VC Alliance will open new paths for startups to engage, create […]
SAN FRANCISCO — Dollar General has announced a delivery partnership with DoorDash to offer on-demand delivery of household essential items, including food, snacks, cleaning supplies, and more, at everyday low prices customers trust Dollar General to provide. Shares in Doordash are up 23% this week following the Dollar General announcement and also the company’s $8 […]
SUNNYVALE – SafeBreach, a specialist in breach and attack simulation (“BAS”), has raised $53.5 million in Series D funding, led by Sonae IM and Israel Growth Partners (IGP), with additional participation from Sands Capital and Leumi Partners. The latest round also includes strategic investment from ServiceNow, the leading digital workflow company that makes work, work better for people, as well as participation from existing […]
SAN FRANCISCO — The Naked Market, a company building a portfolio of food & beverage brands, has raised $27.5 million in Series A funding. Integrated Capital led the round with participation from Great Oaks Venture Capital, Pacific Tiger Group, Sope Creek Capital and Clearco. The Naked Market was founded in 2019 by Harrison Fugman, Alex Kost and Tim Marbach with a mission to […]
Southwest Airlines has selected 52 nonprofit organizations that will each receive 100 domestic one-way Southwest travel awards to help spread kindness and support their missions. The winning organizations were chosen as part of a contest the carrier launched in September after achieving one million Acts of Kindness in 2021, a goal set to celebrate Southwest’s 50th Anniversary. […]
Venmo, the online payment service owned by PayPal, has introduced a new feature that will allow customers to set price alerts for the cryptocurrencies on the Venmo platform, to help them track the price of the four cryptocurrencies available to buy, hold and sell on Venmo. Venmo customers can now enable alerts to receive push […]
SAN FRANCISCO — Density Inc., developer of an analytics platform for measuring and optimizing workplace performance, has secured $125 million in Series D funding led by existing investor, Kleiner Perkins. Other new investors include Altimeter Capital and Lachy Groom of LGF, with participation from existing investors 01 Advisors; Upfront Ventures; and Founders Fund. Density provides an […]
SAN FRANCISCO — Color, a health technology company committed to advancing public health, has secured a $100 million Series E financing round. This brings Color to $378 million in total financing, with a valuation of $4.6 billion. The round was led by Kindred Ventures and by certain funds and accounts advised by T. Rowe Price Associates, Inc. with participation […]
PALO ALTO — Trademo, a global supply chain intelligence company, has secured $12.5 million in seed round funding. Trademo is building a global supply chain knowledge graph to help global-trade participants discover new opportunities, remain compliant with regulations, build operationally resilient supply chains, and grow commerce. Investors include Silicon Valley venture capitalists Amit Singhal (former SVP Google), Saama […]