News about Silicon Valley business almost everyday.
On November 19, 2024, at approximately 5:00 AM, San José Police Department Patrol Officers responded to a report of an armed carjacking that occurred at a residence located in the city of San José. The adult male victim awoke to three suspects breaking into his vehicle. When the victim verbally confronted the suspects, one of […]
SAN FRANCISCO — The seventh annual Enterprise Tech 30—identifying the most promising private companies across the enterprise technology spectrum—was unveiled by Wing Venture Capital in partnership with Eric Newcomer of Newcomer Media. Wing, an early-stage investor and long-term company builder in B2B technology, continues its tradition of curating this definitive industry list spanning enterprise companies at all […]
PALO ALTO — New electric micromobility company, Also, has emerged from stealth today to rethink small electric vehicles (EVs). Founded by a focused stealth team within Rivian, Also launches with $105 million in funding from Eclipse. Built on vertically-integrated and scalable technology, Also is developing a portfolio of electrified products across the micromobility space to address the […]
SAN JOSE — PayPal Holdings says it has surpassed $30 billion in global loans and has extended more than 1.4 million loans and cash advances to more than 420,000 business accounts globally since 2013, filling a critical gap for small businesses looking for capital to maintain a healthy cashflow and grow. Small businesses play a critical […]
SAN FRANCISCO — Brisk Teaching, an AI teaching and learning agent for K-12 schools, announced the close of its $15 million Series A funding round. Led by Bessemer Venture Partners, with participation from previous investors Owl Ventures, South Park Commons, and Springbank Collective, the funding will accelerate Brisk’s evolution from a suite of AI-powered tools into a […]
SAN FRANCISCO – District Attorney Brooke Jenkins announced that Colton Sheppard (36), has been charged in connection to three shoplifting incidents at a CVS in Union Square that he is barred from. Mr. Sheppard was arraigned on March 13, 2025, and pleaded not guilty to all charges. Mr. Sheppard is charged with two counts of […]
MOUNTAIN VIEW and NEW YORK — Google has struck a massive deal to acquire Wiz, Inc., a leading cloud security platform headquartered in New York, for a staggering $32 billion in an all-cash transaction. Once closed, Wiz will join Google Cloud. This acquisition represents an investment by Google Cloud to accelerate two large and growing […]
Doordash continues to add grocers to its delivery service. The company has announced new partnerships with six local grocers across the United States. Earth Fare, King Kullen, Mollie Stone’s Markets, Uncle Giuseppe’s Marketplace, Westside Market, and Wild by Nature are now available for on-demand delivery on DoorDash. Earth Fare: Earth Fare is the leading natural and […]
SAN JOSE — Evident Vascular, Inc., a medical technology company developing a best-in-class intravascular ultrasound (IVUS) platform powered by artificial intelligence, has closed its Series B financing with new investors Shangbay Capital and two undisclosed multinational strategics joining founding investor Vensana Capital. The funding will accelerate the development of the Company’s advanced IVUS technology designed […]
SANTA CLARA — Nexthop AI, a company building the next generation of artificial intelligence (AI) infrastructure for the world’s largest cloud companies, launched from stealth with $110 million in funding led by Lightspeed Venture Partners. Additional investors include Kleiner Perkins, WestBridge Capital, Battery Ventures and Emergent Ventures. This funding will accelerate the development of Nexthop […]
SANTA CLARA — Oklo Inc., an advanced nuclear technology company, has appointed Daniel Poneman and Michael Thompson to its Board of Directors. The pair replace Chris Wright, who left the board to become Energy Secretary under President Trump. “We welcome Daniel and Michael to our Board of Directors,” said Oklo Co-founder and CEO Jacob DeWitte. […]
The Santa Clara County Sheriff’s department has busted three shoplifters. A trio of repeat offenders was caught in the act – hiding merchandise and walking out without paying – at the Hillsdale Avenue TJ Maxx in San Jose. Detectives followed the suspects back to their van, where trash bags were found filled with stolen clothing […]