News about Silicon Valley business almost everyday.
SAN FRANCISCO — Sofar Ocean, developer of an ocean intelligence platform, has secured a $39 million Series B syndicate round with Union Square Ventures (USV) and the Foundry Group. With this funding, Sofar plans to scale its technology platform and grow its team across key regions worldwide. The funding empowers the team to execute its […]
Healthpeak Properties, Inc. has unveiled the initial phase of its Vantage campus for life sciences in South San Francisco following strong leasing activity and demand at The Shore at Sierra Point and Nexus on Grand. The project (rendering above) is expected to break ground in the fourth quarter of 2021 with an anticipated completion in […]
Klarna, a Swedish provider of flexible payment services, has announced a strategic partnership with Stripe, based in San Francisco. The partnership will allow millions of businesses running on Stripe to offer Klarna’s flexible payment options to their consumers. In recent years, consumers around the world have gravitated to popular “Buy Now Pay Later” payment options, […]
SAN JOSE – At WebexOne, Cisco unveiled a preview of its next-generation hybrid work collaboration product. Webex Hologram is the industry’s only real-time meeting solution that takes advantage of augmented reality headsets to combine feature rich Webex meeting functionality with immersive 3D holograms. With 64% of employees agreeing that the ability to work remotely directly affects […]
SAN FRANCISCO — Lever, a Talent Acquisition Suite, has completed a $50 million Series D funding round with the Apax Digital Fund. The investment in Lever will accelerate solution development in talent analytics, top-of-funnel talent discovery, and diversity, equity, and inclusion (DEI) as well as support growth in new markets, and continued product innovation. Serving more than […]
PALO ALTO — Anomalo, a complete data quality platform company, formally launched with its product that helps teams trust the data they use to make decisions and build products. Anomalo’s customers include BuzzFeed, Discover Financial Services and Substack. The company says it has exceeded 7-figures of annualized recurring revenue, tripling its revenue over the last […]
SAN MATEO — Checkbook Inc. has closed $10 million in Series A funding led by MassMutual Ventures. IA Capital, JPMorgan Chase and Cross River Digital Ventures are also participating in the round along with previous other investors. Checkbook was founded in 2015, when CEO and founder PJ Gupta recognized a 100-year old problem no one […]
PLEASANTON – SlashNext, a provider of SaaS-based spear-phishing and human hacking defense across digital channels and apps, has raised $26 million in Series B venture capital funding. New investors Tom and Matt Gallo, Telia Group, and the ACTIVE Fund of the Ayala group, and participation from early investors Norwest, Wing, and Alter Ventures, the round brings […]
MOUNTAIN VIEW — Rallyware, a provider of outcomes-based performance enablement solutions for enterprises with distributed teams across the globe, today announced that it has raised $22 million from PeakSpan Capital. Founded in 2012, Rallyware intends to use the proceeds from the financing to invest in platform innovation driven by artificial intelligence, as well as expand its […]
SAN FRANCISCO — Instacart, the nation’s leading supermarket delivery service, announced Meredith Kopit Levien and Lily Sarafan are joining the company’s Board of Directors. Kopit Levien (photo above) is the President and CEO of The New York Times Company, where she directs the overall business strategy of one of the nation’s top newspapers and leads […]
SAN JOSE — Urban Catalyst has submitted a formal application this week with city planning officials for a 497-unit housing development in downtown San Jose, in partnership with local architect and entrepreneur Thang Do, CEO of Aedis Architects. The Apollo project (rendering above) will bring an 18-story residential high rise to 32 Stockton Ave., at […]
SAN MATEO — GoPro has announced a new high-performance battery for HERO10 and HERO9 Black cameras that significantly increases cold temperature performance and extends video recording times in all conditions. The Enduro battery will be available for purchase at GoPro.com on November 30. GoPro is also releasing a firmware update for HERO10 Black that enables […]