News about Silicon Valley business almost everyday.
SAN FRANCISCO — Clarify Health, a cloud analytics and value-based payments platform company, has secured $150 million in Series D financing. SoftBank Vision Fund 2 led the round and was joined by funds and accounts managed by BlackRock and Memorial Hermann Health System, along with existing investors Insight Partners, Spark Capital, KKR, Aspenwood Ventures, Rivas […]
SAN FRANCISCO — Playhouse, a company developing a new way to surf real estate, has landed $2.8 million in seed funding from several funds, including Agya Ventures, Gaingels, Goodwater Capital, Nomo Ventures, PKO Investments, and Y Combinator, as well as a number of notable angels and prominent content creators. Funds will be used for ongoing […]
Here are salaries for technical workers at Roku, the leading Internet streaming platform. Salaries are from filings with the Department of Labor for H1-B workers in the first quarter of 2022.
SAN MATEO — Pinecone Systems Inc., a search infrastructure company, has completed a $28 million Series A funding round to allow companies of all sizes to power search applications with AI. The funding round was led by Menlo Ventures, with participation from new investor Tiger Global and previous investors including Wing Venture Capital, who led […]
CUPERTINO — Poplar Homes, a tech-enabled property management company for single family rental (SFR) investors, has raised $53M in Series B funding led by LL Funds with participation from new and existing investors including Crescent Cove Advisors, AGNC Ventures, LLC, the corporate venture capital arm of AGNC Investment Corp., computer scientist Jeff Dean, proptech VC […]
SAN JOSE — Roku, Inc. announced it has reached a multi-year extension of its distribution agreement with Amazon to continue distributing their streaming video apps on its platform. Shares in Roku were up 6% on Monday following the news. The company released the following statement: “Roku and Amazon have reached a multi-year extension for their […]
SANTA CLARA — Intel Corporation announced an agreement to acquire Granulate Cloud Solutions Ltd., an Israel-based developer of real-time continuous optimization software. The acquisition of Granulate will help cloud and data center customers maximize compute workload performance and reduce infrastructure and cloud costs. Deal terms are not being disclosed but reports say Intel is paying […]
MENLO PARK — BillionToOne, Inc., a next-generation molecular diagnostics company with a mission to create powerful and accurate tests that are accessible to all, has closed an oversubscribed Series C funding round of $125 million. This round was co-led by incoming investor Adams Street Partners and existing investor Hummingbird Ventures with significant participation from Baillie […]
Apple and Major League Baseball (MLB) announced the first half of the 2022 “Friday Night Baseball” schedule. These scheduled games are available to anyone with internet access, for free, only on Apple TV+. No subscription required. “Friday Night Baseball” will premiere April 8 with two marquee games: the New York Mets versus the Washington Nationals, […]
SANTA CLARA — Home prices hit $405,000 for the first time ever in March, but data reveals there is some hope on the horizon for pandemic-era buyers. With demand beginning to moderate as some home shoppers are priced out of the market and new construction at near 16-year highs, inventory is expected to hit positive territory year-over-year this […]
PALO ALTO – HP Inc. said it will to acquire publicly-traded Poly (NYSE: POLY), a provider of workplace collaboration solutions, in an all-cash transaction for $40 per share, implying a total enterprise value of $3.3 billion, inclusive of Poly’s net debt. Poly stock increased about 40% after the deal was announced. Based in Santa Cruz, […]
CUPERTINO — Celona, the first enterprise networking company to bridge the gap between LTE/5G cellular wireless and enterprise IT infrastructures, has closed a $60 million Series C financing round led by DigitalBridge Ventures. The financing round also included participation from all of Celona’s existing investors: Lightspeed Venture Partners, Norwest Venture Partners, NTTVC, Qualcomm Ventures and […]