News about Silicon Valley business almost everyday.
SUNNYVALE — Plug and Play has selected over 70 startups to participate in their first Silicon Valley programs of the year. These programs will run through May and are focused on the following industries: Brand & Retail, Food & Beverage, Media & Advertising, New Materials & Packaging, and Supply Chain. Out of the selected startups, 60% are based outside of the U.S. and […]
SAN FRANCISCO — Disco (formerly known as co-op commerce), is getting down with a $20 million Series A funding round led by Felicis Ventures with participation from Shopify, Sugar Capital, Bessemer Venture Partners, Indicator Ventures, RiverPark Ventures, and several others, including Ankur Nagpal’s Vibe Capital, Packy McCormick’s Not Boring Fund, and a other direct-to-consumer (DTC) founders and operators. […]
SAN JOSE — Balbix, a provide of cybersecurity posture automation, has raised $70 million in Series C funding. The oversubscribed round was led by Redline Capital who were joined by new investors, Third Point Ventures, Nautilus Venture Partners, Modern Venture Partners and Franklin Park, as well as existing investors Mayfield, JC2 Ventures, Mubadala Capital, Alter Venture Partners and […]
SAN FRANCISCO — Foresite Capital, a multi-stage healthcare and life sciences investment firm, has raised a $173 million fund to invest in companies launched by Foresite Labs. Foresite Labs companies will also continue to be supported from Foresite Capital Fund V and its associated opportunities fund. The fund comes on the heels of several major […]
MOUNTAIN VIEW — Luminous Computing has raised $105 million in a Series A round, with participation from investors including Gigafund, Microsoft founder Bill Gates, 8090 Partners, Neo, Third Kind Venture Capital, Alumni Ventures Group, Strawberry Creek Ventures, Horsley Bridge, Modern Venture Partners, and others. Luminous is trying to build the world’s most powerful AI supercomputer. […]
Here are salaries for Netflix, the world’s leading streaming service, based on H1-B filings with the Department of Labor. Salary data is for the first quarter of 2022 and includes positions in Los Gatos and Los Angeles.
Beginning Monday, March 7, Apple Store locations around the country will resume in-person Today at Apple sessions for the first time since the start of the pandemic, and just in time to celebrate Women’s History Month. Music fans and creators of all skill levels are invited to visit their local Apple Store to explore the […]
SAN FRANCISCO — Reforge — a career development platform for professionals in Growth, Product, Marketing and Engineering — has landed a $60 million Series B round led by Insight Partners, with participation from Andreessen Horowitz, True Ventures, NextView Ventures, TCV, Long Journey Ventures, and more than 170 individual operators. For the past five years, Reforge has redefined career […]
MOUNTAIN VIEW — Level AI, a provider of AI-driven technology that is modernizing customer service and experience, announced new product features amid increased demand for its platform. New features include much-requested agent screen monitoring and recording, which are powered by Level AI’s state-of-the-art artificial intelligence technology. This product release comes as Level AI has experienced […]
FREMONT — Weee!, a fast-growing online grocer specializing in Asian and Hispanic groceries, has secured $425 million in Series E financing led by SoftBank Vision Fund 2. Greyhound Capital also participated in this round alongside the company’s existing investors. The company plans to use the new capital to expand Weee!’s platform offering across new and existing ethnicities, and […]
SAN FRANCISCO — Wildtype, a company creating sushi-grade cultivated salmon, has announced the completion of a $100 million Series B funding round, the largest for a cultivated seafood company. The round was led by L Catterton, and includes investments from Leonardo DiCaprio, Bezos Expeditions (the venture arm of Amazon founder Jeff Bezos), Temasek, S2G Ventures Oceans and Seafood Fund, […]
MENLO PARK — RIOS Intelligent Machines, Inc., a provider of end-to-end AI-powered robotic workcells for factory automation, has raised $28 million in Series A equity funding and debt financing. This new round of funding, together with a $5 million venture round announced back in 2020, raise RIOS’ total capitalization to $33 million. The oversubscribed Series A round was led by […]