Venture Funding

Addepar Raises $117M in Series E Funding

MOUNTAIN VIEW — Addepar, which operates a technology platform for wealth management, has closed a $117 million Series E funding round, led by WestCap Group. WestCap’s investment was led by Laurence A. Tosi, WestCap’s Founder and Managing Partner as well as a member of Addepar’s Board of Directors for the past two years, and by Scott Ganeles, also a […]

Google News

Google Adds New Widgets for iPhones

When Apple’s new iPhone 12 smartphones were released earlier this month, Google launched some helpful widgets for Google apps on iOS. Over the next few days, Google is unveiling three more apps for Gmail, Drive and Fit. With the new Gmail widget, you can search your inbox, start a new message and check for unread messages […]

Venture Funding

Correlia Biosystems Closes $7 Million Series A

BERKELEY — Correlia Biosystems, a Berkeley-based life science startup, has closed a $7 million Series A financing round. Neotribe Ventures led the investment round, joined by Cota Capital, the Regents of the University of California, and others. This funding round will help with the commercial launch of Correlia’s next-generation immunoassay platform.  This will be the first instrument planned […]

Venture Funding

ControlUp Reels in $27 Million Series C

SAN JOSE — ControlUp, which bills itself as a self-healing End-User Computing (EUC) solution enabling customers to monitor, troubleshoot, and remediate their EUC environments, announced it has completed a $27 million Series C round of financing led by JVP and K1 Investment Management, bringing total funding to $40 million. Since launching in 2014, ControlUp has supported business continuity for thousands of enterprises. The […]

News

Best Buy to Offer Same-Day Delivery Via Instacart

SAN FRANCISCO — Instacart, the leading online grocery delivery service, is expanding its offerings beyond food with a new nationwide partnership with Best Buy, the nation’s largest electronics retail chain with 970 stores in the U.S. Instacart will offer same-day delivery from nearly all Best Buy locations across the U.S. This means customers nationwide now […]

Venture Funding

Farmstead Sprouts With $7.9 Million Series A

SAN FRANCISCO – Farmstead, the first online grocer to offer fresh, high-quality groceries, delivered for free, has raised a $7.9 million Series A round of funding to accelerate its national expansion and recruiting. This brings Farmstead’s total funding to date to $14.5 million. Farmstead’s business has surged in 2020, driven partially by shoppers’ preference for […]

News

20% of Fast 500 Companies Located in SV

SAN FRANCISCO — Accounting firm Deloitte has released its “Technology Fast 500,” an annual ranking of the fastest-growing North American companies in the technology, media, telecommunications, life sciences, fintech and energy tech sectors, now in its 26th year. Arrowhead Pharmaceuticals Inc. claimed the top spot with a growth rate of 106,508% from 2016 to 2019. Based out […]

News Real Estate

Rents in SF and Tech Hubs See Big Drop

SANTA CLARA — Rents in the nation’s tech hubs continued their descent in October, falling by one-third for a studio apartment in San Francisco year-over-year, according to a  monthly rental report from realtor.com. The report also showed that while the declines have begun to slow down nationally, renters are seeking both affordability and more space the longer they work […]

Venture Funding

EdgeQ Launches With $38.5 Million Series A

SANTA CLARA – EdgeQ Inc, a 5G systems-on-a-chip company, has launched from stealth with $51 million in total funding, including $38.5 million in a Series A round. Backed by investors Threshold Ventures (formerly DFJ), Fusion Fund, Yahoo! co-founder Jerry Yang (AME Cloud Ventures), and an unannounced strategic customer, EdgeQ is looking to address the untapped […]

Venture Funding

AliveCor Bags $65 Million Round

MOUNTAIN VIEW — AliveCor, a developer of AI-based personal ECG technology and enterprise cardiology solutions, has raised a $65 million series E financing led by existing investors OMRON, Khosla Ventures, WP Global Partners, Qualcomm Ventures and Bold Capital Partners. Proceeds from this financing will be used to accelerate growth of AliveCor’s remote cardiology platform both domestically […]

News

Mercedes E-Class Named MotorTrend Car of the Year

LOS ANGELES — MotorTrend announced that the Mercedes-Benz E-Class lineup is the winner of MotorTrend’s 2021 “Golden Calipers” for Car of the Year, the most prestigious and sought-after honor by the world’s automotive manufacturers. Whether in sedan, wagon, coupe, or convertible form, be it straightforward transport or thrilling performance model, the E-Class reflects an excellence […]

Venture Funding

Softbank Leads $100 Million Investment in MindTickle

SAN FRANCISCO — MindTickle, a developer of technology for businesses to manage sales, has raised $100 million in a combination of equity and debt financing, led by Softbank Vision Fund 2. Existing investors, Norwest Venture Partners, Canaan, NewView Capital, and Qualcomm Ventures also participated in the round. The funding will be used to accelerate MindTickle’s go-to-market […]

Venture Funding

Carbon Health Reels In $100 Million Round

SAN FRANCISCO — Carbon Health, a national healthcare provider, announced it has secured $100 million in Series C funding led by Dragoneer Investment Group, with participation from existing investors Brookfield Technology Partners (BTP), DCVC, and Builders VC. Leveraging its unique technology platform, Carbon Health provides its patients with omnichannel care: seamless care from the same trusted […]

Deals News

Adobe Buying Workfront for $1.5 Billion

SAN JOSE — Software company Adobe is looking to acquire Utah-based Workfront, which operates a leading work management platform for marketers, for $1.5 billion. With more than 3,000 customers and one million users, marketers rely on Workfront every day to efficiently manage content, plan and track marketing campaigns, and execute complex workflows across teams. “Adobe […]

Venture Funding

Remote Presses the Buttons for $35 Million Series A

SAN FRANCISCO — Remote, an HR technology platform for international payroll, benefits and compliance, announced it has secured $35 million in Series A funding led by Index Ventures and joined by Sequoia Capital, with additional participation from angel investors including Aaron Levie, Zach Weinberg, and Kevin and Julia Hartz. Previous investors General Catalyst and Two […]

Venture Funding

SentinelOne Valued at $3 Billion With $267 Million Round

MOUNTAIN VIEW – SentinelOne, which operates an autonomous cybersecurity platform, announced it has raised $267 million in Series F funding led by Tiger Global Management, with participation from Sequoia Capital Global Equities and existing investors including Insight Partners and Third Point Ventures. The oversubscribed round will allow SentinelOne to continue accelerating hypergrowth driven by demand for […]

Venture Funding

Nuro Lands $500 Million in Fresh Funding

MOUNTAIN VIEW — Nuro, maker of self-driving delivery vehicles, has landed a $500 million Series C round of funding, led by funds and accounts advised by T. Rowe Price Associates, Inc., with participation from new investors including Fidelity Management & Research Company, LLC. and Baillie Gifford. The round also includes existing investors such as SoftBank […]

Deals News

NerdWallet Buys Fundera

SAN FRANCISCO — NerdWallet, a website and app that provides financial guidance to more than 160 million consumers, has acquired Fundera, a financial resource for the 28 million small and medium-sized businesses (SMBs) operating in the United States. Terms of the deal weren’t announced. Through this acquisition, NerdWallet will expand its financial guidance and financing options for […]

Venture Funding

Forethought Reels In $17 Million

SAN FRANCISCO — Forethought, a developer of an AI and Machine Learning platform for the enterprise, announced it has raised a $17 million Series B which includes celebrity investors Ashton Kutcher, Sean Combs and LL Cool J. Forethought’s goal is to develop AI and Machine Learning solutions to tackle the most challenging and costly areas […]

Venture Funding

Onfleet Scores $14 Million Series A

SAN FRANCISCO — Onfleet, a provider of last mile delivery management software, has raised $14 million in Series A funding to meet surging customer demand. The round was led by Kennet Partners and will allow Onfleet to continue broadening its product offerings and expanding its global footprint. This funding round takes place on the heels […]

Venture Funding

Intuitive Surgical to Launch $100 Million Venture Fund

SUNNYVALE — Intuitive, a company known for its robotic-assisted surgery devices, is joining the venture capital bandwagon with the launch of Intuitive Ventures. The inaugural $100 million fund will invest in U.S. and international startups that will be the future of minimally invasive care. Intuitive Ventures is focused on investment opportunities in digital tools, precision diagnostics, […]