News about Silicon Valley business almost everyday.
SAN FRANCISCO — Rescale, a digital engineering platform built for the future of innovation and scientific discovery, has secred a $115 million Series D with participation from Applied Ventures, Atika Capital, Foxconn, Hanwha Asset Management Deeptech Venture Fund, Hitachi Ventures, NEC Orchestrating Future Fund, NVIDIA, Prosperity7, SineWave Ventures, Translink Capital, University of Michigan, and Y Combinator bringing total funding raised […]
The stock market continued to tumble Monday following President Trump’s tariff war with the rest of the world. Apple shares were down 5% Monday as China has been hit hard with tariffs and has responded with its own tariffs. Most of Apple’s products are made in China. NVIDIA actually saw its shares go up slightly […]
On December 4, 2024, Marcel Criner was arrested for a petty theft incident that occurred at a retail store on the 1300-block of Castro St. Generally, singular petty theft incidents result in a cite and release for suspects, however, officers were notified about four other petty theft incidents by the same suspect at the same store. Due […]
SAN FRANCISCO — Parasail has launched with the first AI Deployment Network, giving AI companies fast, scalable, and cost-efficient access to compute and the latest cutting-edge AI models. Parasail provides the largest truly on-demand GPU compute supply, aggregating top-tier hardware—including H100s, H200s, A100s, and 4090s—and optimizing AI workloads so companies can experiment, deploy and scale […]
SAN FRANCISCO — Okta, a security identity and access management company, has announced the 2nd annual Okta Startup Challenge. The challenge invites early stage startups, incorporated in the US, that are building applications using identity, privacy, and security enabled workflows to showcase their innovations. Startups in the Okta Startup Challenge will be evaluated on business potential, innovation, […]
REDWOOD CITY — Solace, a digital health platform that connects patients with expert health advocates, has closed a $60 million Series B funding round. Founded in 2022, Solace was built to fix a broken system and improve health outcomes by prioritizing humans at the center of healthcare. This funding round validates the founding thesis that […]
French bank Societe Generale has officially opened a new office on Sand Hill Road in Menlo Park, CA. The office will serve as Societe Generale’s West Coast hub for corporate finance and investment banking activities and will primarily focus on supporting clients in the Technology Media Telecommunications sector. TMT is a key global sectorial pillar […]
SAN FRANCISCO — Mercury, a banking platform used by over 200,000 companies, has announced a $300 million Series C investment round. The round, led by new investor Sequoia Capital, includes primary and secondary funding and values Mercury at $3.5 billion post-money, more than double its previous Series B valuation of $1.6 billion in 2021. Other […]
MENLO PARK — AttoTude, a pioneer of groundbreaking THz interconnect technology for AI and hyperscale data center applications, has raised $50 million in Series B funding led by Mayfield and joined by The Westly Group, with participation from existing investors Sutter Hill Ventures, Canaan Partners, and Wing Venture Capital. This latest investment brings AttoTude’s total […]
SAN FRANCISCO — Opsera, an AI-Powered DevOps platform used by Fortune 1000 companies, has raised $20 million in Series B funding, led by Prosperity7 with participation from Hitachi Ventures. The funding culminates a breakout year with several product releases that position Opsera as one of the market’s most flexible and intelligent AI-powered DevOps platforms for all […]
On 02/03/2025, San Francisco Police officers began investigating a series of organized retail crimes that occurred at a business located on the unit block of Embarcadero Street and the 2000 block of Union Street. Officers were advised that three suspects had stolen merchandise from the businesses. Through further investigation, officers discovered that the suspects involved […]
IRVINE — Mazda North American Operations (MNAO) reported total March sales of 43,097 vehicles, an increase of 16.1 percent compared to March 2024. Year-to-date sales totaled 110,316 vehicles sold; an increase of 10.2 percent compared to the same time last year. With 26 selling days in March, compared to 27 the year prior, the company posted an […]