News about Silicon Valley business almost everyday.
SAN JOSE — Pacific Workplaces (PAC), a San Francisco-based hybrid work and coworking solutions provider, will hold a grand opening next month of its newest Downtown San Jose coworking space. The celebration will take place on Wednesday, February 19, from 3:00 to 5:00 p.m. at 84 W Santa Clara Street, 7th Floor. “From start-ups to established corporations like Adobe, Nvidia, […]
SAN FRANCISCO –– Ember Software, formerly known as Fire Inspect Software, announced its rebranding alongside the successful completion of a $10 million funding round led by 8VC and Menlo Ventures, with participation from additional strategic investors. The funding will enable the company to accelerate product development and expand its reach in the fire protection industry, empowering fire inspectors […]
Google’s network of websites remains the most visited on the Internet according to research firm Comscore. Google sites, which include YouTube, had 278,869,000 unique visitors for the month of November — a perfect 100% reach of everyone online in the U.S. Data includes desktop and mobile users. Walt Disney Company sites held the second spot […]
SAN FRANCISCO — Eve, an AI platform for plaintiff law firms, has secured $47 million in Series A funding, led by Andreessen Horowitz (a16z) with participation from Lightspeed Venture Partners and Menlo Ventures. This investment will support Eve’s rapid market growth, enhance product development, and further its mission to help plaintiff legal teams become AI-native. Eve […]
SAN FRANCISCO — With winter hosting and game day celebrations in full swing, Uber Eats has inked a new partnership with Rochester, NY-based Wegmans Food Markets, Inc., bringing the supermarket’s products directly to customers’ doors. Starting this month, Uber Eats users will have the convenience of ordering from Wegmans’ expansive collection of high-quality groceries through […]
SAN FRANCISCO — Highnote, a specialist in modern card issuance and program management, announced the closing of $90 million in Series B funding and the launch of its acquiring solution. The funding was led by Adams Street Partners with participation from existing investors including Oak HC/FT, Costanoa, WestCap, and Pinegrove Venture Partners. “Highnote’s transformational platform […]
MOUNTAIN VIEW — Sonocharge Energy – a company enabling the world’s batteries to last longer, charge faster and be safer – has landed a $23.5 million financing round led by ClimateTech venture capital firm Cycle Capital, with participation of auto maker Honda, current investors Khosla Ventures, Temasek, and non-dilutive funding partners. “Sonocharge Energy is the […]
Netflix, the world’s leading streaming service, reported fourth quarter earnings for 2024 and says it has over 301 million paid subscribers worldwide, a 15.9% increase from last year. Revenues for the fourth quarter of 2024 were $10.25 billion, a 16% increase. Net income was $1.87 billion. The company says it has 301.6 million paid memberships […]
PALO ALTO — Guardant Health, a precision oncology company, announced that Palmetto GBA, a Medicare administrative contractor that administers the Molecular Diagnostics Services program (MolDX), granted coverage for the Guardant Reveal test to monitor for disease recurrence in patients with colorectal cancer (CRC) following curative intent therapy. Guardant Reveal, which runs on Guardant’s Smart Liquid […]
The top CEOs in Silicon Valley were seen in attendance at Donald Trump’s Inauguration at the U.S. Capitol in Washington, DC today. Apple CEO Tim Cook, Google CEO Sundar Pichai and Meta CEO Mark Zuckerberg were all seen seated behind President Trump and his family in the crowded Capitol Rotunda. [Photo above: Behind Vice President […]
SUNNYVALE — Coram AI, a developer of LLM-powered video security, has raised $13.8 million in Series A funding in a round led by Battery Ventures, a global, technology-focused investment firm. Existing investors 8VC and Mosaic Ventures also participated in the round. As part of the financing, Battery Partner Marcus Ryu, the former co-founder and CEO […]
SAN FRANCISCO — Instabase, an applied artificial intelligence (AI) solution for unstructured data, has secured its $100 Million Series D round. This latest round was led by QIA, with participation from existing investors Greylock Partners, NEA, Andreessen Horowitz, and Index Ventures. Founded in 2015 – a pioneer in unstructured data management – Instabase will direct […]