News about Silicon Valley business almost everyday.
PALO ALTO — Pangea Cyber has announced a $26 million Series B funding round to accelerate the delivery of its API-based security services. The round was led by GV, with participation from Decibel and Okta Ventures. They join existing investors Ballistic Ventures and SYN Ventures. This brings total funding raised for the one year old […]
SAN FRANCISCO — Instacart, the leading grocery delivery company in North America, has introduced Community Carts, a new feature that reimagines traditional food drives, making it easy for consumers to donate groceries that food banks need most with the Instacart App. Just in time for the holiday season, Community Carts gives consumers the opportunity to […]
The median home price in California for the month of October dropped from the previous month to $801,190 according to the California Association of Realtors. Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of 274,040 in October, according to information collected by C.A.R. from more than 90 […]
If you’re looking for hot holiday gifts this season, Google has compiled a list of 100 gift ideas based on user searches. Google says users shop for gifts using its search engine more than 1 billion times per day so the company compiled the Holiday 100 — 100 gift ideas and insights based on trending searches […]
SUNNYVALE, CA and CALGARY, AB — Plug and Play has announced a partnership with WestJet, Canada’s second largest airline in both their Silicon Valley and Alberta, Canada locations. The partnership will focus on leveraging artificial intelligence and machine learning across the airline’s business through Plug and Play’s Travel and Hospitality program. “In our expansive travel and hospitality industry, access to […]
NVIDIA is teaming up with Microsoft to build one of the most powerful AI supercomputers in the world. The machines will be powered by Microsoft Azure’s advanced supercomputing infrastructure combined with NVIDIA GPUs, networking and full stack of AI software to help enterprises train, deploy and scale AI, including large, state-of-the-art models. Azure’s cloud-based AI […]
SAN FRANCISCO — TRM Labs, a blockchain intelligence company, has announced a $70 million expansion to the company’s Series B funding round, bringing the raise to $130 million in total. The investment was led by Thoma Bravo, a leading software investment firm, with participation from Goldman Sachs and previous TRM investors including PayPal Ventures, Amex […]
Apple is making a $450 million investment from its Advanced Manufacturing Fund to help fund the critical infrastructure that supports Emergency SOS via satellite for iPhone 14 models. Available to customers in the US and Canada beginning later this month, the new service will allow iPhone 14 and iPhone 14 Pro models to connect directly […]
Palo Alto Police are looking for a crew of home burglars with 11 cases since October 9, where the burglars are stealing jewelry and other valuables from unoccupied homes during the dinnertime hours. No arrests have been made but officers and detectives are actively investigating the cases. The trend indicates the crimes are occurring in […]
SAN JOSE — Spintly has raised $2.5 million in a pre-series-A round of funding. Investors include Lets Venture, Accel Nest, SucSEED Indovation Fund, Riso Capital, Defang Technology, 91ventures, Kyto Technology, and Life, and a few other notable angel investors and groups. Some notable angel investors include Dheeraj Pandey, Founder, and Ex-CEO of Nutanix and current […]
MOUNTAIN VIEW — Coefficient, a company that provides businesses with real-time data connectivity and automation in spreadsheets, has scored an $18 million Series A investment led by Battery Ventures, along with existing investors Foundation Capital and S28 Capital. The new funding will enable Coefficient—whose product is currently used by customers including Zendesk, Spotify, Foursquare, Contentful […]
Bad Bunny was named Apple Music’s Artist of the Year for his artistic excellence and influence on global culture in 2022. Released this past May, Un Verano Sin Ti, the artist’s sixth project in four years, is Apple Music’s most streamed album of 2022 and now the biggest Latin album of all time. And beyond […]