News about Silicon Valley business almost everyday.
DoorDash has announced new partnerships with multiple local grocers across the United States. With the addition of these new partners – and just in time for the holiday season – consumers can now shop for all their daily essentials among the over 500,000+ products available from regional grocers on the DoorDash Marketplace. The new partners […]
SAN FRANCISCO — Flywheel Dynamix (“Flywl”), the first buyer-centric cloud marketplace designed to simplify software acquisition for buyers and help sellers grow revenue faster, has raised $7 million in seed funding. Storm Ventures, Foster Ventures, BeeNex, FeBe, and Teknos Ventures led the round. After operating in stealth mode since August, Flywl is officially launching the […]
SAN FRANCISCO — New Lantern emerged from stealth to launch its AI radiology resident, backed by $19 million in Series A funding led by Benchmark, bringing the company to more than $23 million in total funding. Benchmark General Partner Eric Vishria – whose past investments include AcuityMD, Amplitude, Benchling, Cerebras, Confluent, and Fireworks AI, among others […]
SAN JOSE — Aviz Networks, a leader in AI-driven networking solutions, announced the successful close of a $17 million Series A funding round. The round was led by Alter Venture Partners, with participation from existing investors Cisco Investments, Moment Ventures, Wistron and Accton and new strategic investors including Celestica and Qualcomm Ventures. Aviz Networks […]
SAN FRANCISCO — Epic Cleantec, a leading innovator in water reuse technology, announced the close of its $12 million Series B funding round. This investment will accelerate the expansion of Epic’s pioneering water reuse and resource recovery solutions across a growing portfolio of projects, positioning Epic as one of the fastest-growing providers of water reuse […]
PALO ALTO — Trustero, a Silicon Valley-based provider of AI-powered Security and Compliance, has closed a $10.35 million Series A funding round led by Bright Pixel Capital (formerly Sonae IM), with participation from existing investors Engineering Capital, Zetta Ventures Partners, and Vertex Ventures US. Trustero is proving that AI can drive real revenue and operational […]
SANTA CLARA — SoundHound AI, a specialist in voice artificial intelligence, and Apivia Courtage, part of AEMA Group, one of the world’s largest mutual and cooperative insurers, announced that their partnership to deploy conversational AI agents has reached a milestone. In just under a year, SoundHound’s Amelia AI Agents have supported Apivia Courtage in handling […]
SAN FRANCISCO — VISO TRUST, a provider of AI-powered third-party risk management (TPRM), announced the closing of its latest funding round of $7 million in additional funding, bringing the total raised to $24 million, with participation from both existing investors, Bain Capital Ventures, Work-Bench, Sierra Ventures, and Lytical Ventures, and new investors, Allstate Strategic Ventures, Cisco Investments, EnvisionX […]
CUPERTINO and MUMBAI, India — OneCell Diagnostics, a genomics-based precision oncology company, has raised $16 million in an oversubscribed Series A funding round led by Celesta Capital, with participation from Tenacity Ventures, Cedars Sinai, Eragon, and Singularity Ventures. The funding will be used to advance its vision of democratizing precision oncology through cancer diagnostic testing that is […]
NEW YORK and SUNNYVALE — KPMG LLP and Google Cloud have announced a major expansion of their U.S. alliance focused on advancing generative AI, data analytics, and cybersecurity among Fortune 500 companies and global enterprises. KPMG will make a landmark $100 million investment in its Google Cloud practice, which KPMG estimates will drive $1 billion in incremental growth for the […]
C3 AI, the Enterprise AI application software company, announced a strategic alliance with Microsoft to accelerate the adoption of Enterprise AI on Microsoft Azure. The agreement marks a significant milestone in C3 AI and Microsoft’s existing partnership, further combining C3 AI’s Enterprise AI–native application software, including C3 Generative AI, with Azure’s robust and expansive ecosystem […]
SANTA CLARA — AMD showcased its high performance computing (HPC) leadership at Supercomputing 2024 by powering the world’s fastest supercomputer for the sixth straight Top500 list. The El Capitan supercomputer, housed at Lawrence Livermore National Laboratory (LLNL), powered by AMD Instinct MI300A APUs and built by Hewlett Packard Enterprise (HPE), is now the fastest supercomputer in the world […]