SAN JOSÉ — The Silicon Valley Leadership Group (SVLG) announced that Eric Yuan, Founder and CEO of Zoom Video Communications, Inc., and regional healthcare workers will be recognized with Spirit of Silicon Valley Lifetime Achievement Awards during SVLG’s Annual Forum event on October, 29, 2021. The event will be held virtually on (where else?) Zoom […]
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SkyHive Scoops Up $40 Million Series B
PALO ALTO — SkyHive, the SaaS platform providing workforce transformation and labor market development guidance, has announced a $40 million Series B investment round led by Eldridge, with participation from other investors Allegis Cyber, Accenture Ventures, Workday Ventures, and the Partnership Fund For New York City. Recently recognized by The World Economic Forum as a 2021 […]
Brex Has Become Top Credit Card for Startups
SAN FRANCISCO — Kruze Consulting, a CFO consulting company for startups, has released new data on the best credit cards for startups. The data comes from analysis of the 450+ venture-funded startups clients at Kruze. Full details can be found on Kruze’s Best Startup Credit Cards page, but the data reveals just how popular Brex has become amongst […]
Weee Buys Asian Food Delivery Firm Ricepo
FREMONT — Weee!, the largest and fastest-growing ethnic e-grocer in North America, announced the acquisition of RICEPO, an online Asian food delivery company based in Silicon Valley. The move will bolster Weee!’s growing demands of customers nationwide seeking diverse and authentic food-at-home options, from groceries to restaurant meals. Terms of the deal weren’t disclosed. Weee! continues […]
Openprise Rounds Up $16 Million
SAN MATEO – Openprise, a developer of RevOps automation solutions for automating marketing and sales processes, has secured $16 million in an over-subscribed Series A investment round led by SIG Asia Investment, an affiliate of the Susquehanna International Group, with new investments from Banyan Pacific Capital, and Citta Capital. Existing investors Alumni Ventures and AI […]
Sky’s the Limit for Skyflow With $45 Million Round
PALO ALTO — Skyflow, a customer data privacy company, announced a $45 million Series B financing round. Led by New York-based Insight Partners, and joined by strategic investors focused on fintech, digital health, and API-first companies. With this new investment, Skyflow has raised over $70 million in the last 18 months. Also investing in […]
What’s the Deal? Deel Secures $425 Million
SAN FRANCISCO — Deel, a remote hiring company, has raised $425 million in Series D funding, taking the total amount raised by the company to over $630 million. The latest funding round values the company at $5.5 billion. Deel has become the highest valued company in the global hiring, payments, and compliance space with this […]
Median California Home Price Drops to $808,890
California home sales closed out the third quarter by reversing a four-month decline and posting the largest monthly increase in more than a year, according to a monthly report for September by the CALIFORNIA ASSOCIATION OF REALTORS (C.A.R.). Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of […]
Culture Biosciences Raises $80 Million Series B
SAN FRANCISCO — Culture Biosciences, a company enabling biotech firms to develop and scale manufacturing processes in the cloud, announced a Series B financing of $80 million led by Northpond Ventures. Synthesis Capital also participated in the round. Existing investors Cultivian Sandbox Ventures, The Production Board, Craft Ventures, E14 Fund, Box Group, Verily Life Sciences, and Section 32 […]
Spacelift Rises With $15 Million Series B
REDWOOD CITY — Spacelift has raised $15 million in Series B funding led by Insight Partners to scale its management platform for Infrastructure as Code in the US market. Existing investors Blossom Capital, Inovo Venture Partners, and Hoxton Ventures also participated in the round. This new investment will allow Spacelift to quadruple its engineering team […]
Weights & Biases Weighs In With $1 Billion Valuation
SAN FRANCISCO — Weights & Biases, operator of a developer-first MLOps platform, has closed a Series C funding round of more than $100 million giving the company a $1 billion valuation, from new investors Felicis Ventures and BOND as well as existing investors Insight Partners and Coatue. Weights & Biases (W&B) provides a best-in-class developer-first […]
Apple Unveils New Homepod Mini, Siri-Based Music Subscription
CUPERTINO — At a pre-taped keynote presentation, Apple today introduced HomePod mini in three bold new colors — yellow, orange, and blue. At just 3.3 inches tall, HomePod mini offers a great music-listening experience, the intelligence of Siri, and smart home capabilities, with privacy and security built in. Its seamless integration across Apple’s products and […]