News about Silicon Valley business almost everyday.
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
SAN FRANCISCO — Hubilo, a global virtual events platform, announced a $125 million Series B funding round led by Alkeon Capital and additionally, Lightspeed Venture Partners and Balderton Capital. The new fund will h development of the future of events and engagement on Hubilo’s platform. This brings the company’s total funding to $153 million to date in less than 18 months. The […]
REDWOOD CITY – AutoGrid Systems Inc, a Virtual Power Plant provider, announced an $85 million new round of funding to accelerate energy transition through adoption of electric vehicles, battery storage and renewables generation. SE Ventures, a $500 million fund established by Schneider Electric led the Series D-2 round. Other major funding came from new investors, which […]
MOUNTAIN VIEW — Reliable Robotics, a developer of automated aircraft systems, has reeled in a $100 million Series C funding round led by Coatue Management. Coatue joins past investors Lightspeed Venture Partners, Eclipse Ventures, Teamworthy Ventures and Pathbreaker Ventures to bring total fundraising over $133 million. With its innovative airframe independent technology, Reliable’s Remotely Operated […]
REDWOOD CITY — Electronic Arts has launched the new videogame EA SPORTS NHL 22, now available worldwide on Xbox Series X|S, Xbox One, PS5 & PS4 for $99.99. EA Play members can get 10% off. As the first EA SPORTS NHL game powered by the Frostbite engine, NHL 22 brings players closer to the ice than ever […]
SAN FRANCISCO – Outschool has landed a $110 million Series D funding round with a $3 billion valuation. Outschool offers live online education experiences that connect real-life teachers with learners in small-group settings to explore everything from Minecraft, Pokemon and Cooking to Chemistry, Algebra and Literature. Outschool offers over 100,000 online classes. Classes on Outschool […]