News about Silicon Valley business almost everyday.
Instacart, the nation’s leading grocery delivery company, has released its first-ever list of 75 emerging brands for 2022. The company used year-over-year sales data to identify the 75 fastest-growing emerging brands of 2022 on Instacart. On this year’s list you’ll find lots of innovative options in the better-for-you category, including vegetarian meals from brands like […]
The Kroger Co., one of the nation’s largest supermarket chains, is launching floral and sushi delivery on the DoorDash marketplace from stores across the country. The new delivery option through DoorDash marks the latest expansion of the grocer’s seamless experience, providing customers with even more opportunities to get fresh, affordable products. “By offering customer-favorite sushi options and premium floral […]
Public Storage, a publicly-traded owner, acquirer, developer, and operator of self-storage properties, announced the reopening of a facility adjacent to Apple, Inc. offices in Cupertino. The Public Storage at 20565 Valley Green Drive, Cupertino location now features two five-level state-of-the-art buildings that include app-enabled digital property access and account management, eRental capability, and smart security […]
PALO ALTO — TripActions — provider of an all-in-one travel, corporate card, and expense management solution — has secured $400 million in credit, consisting of a warehouse debt facility from Goldman Sachs Bank USA, as the senior lender and administrative agent, with a $200 million commitment ($300 million total Program Limit) and an asset-backed lending […]
SAN FRANCISCO — Andersen, a tax and advisory firm based in San Francisco, has announced the promotion of 23 Managing Directors across 11 offices nationwide. Andersen is the founding member of Andersen Global, an international association of legally separate, independent member firms comprised of tax and legal professionals around the world. Established in 2013 by U.S. member […]
PALO ALTO — Wilson Sonsini Goodrich & Rosati, a law firm that serves technology, life sciences, and growth enterprises worldwide, has elected 18 new partners from its attorney ranks. The promotions will be effective February 1, 2023. Wilson Sonsini is based in Silicon Valley and has 19 offices worldwide. “Our 2023 class of partners is […]
MOUNTAIN VIEW — Intuit, the global financial technology company that includes TurboTax, Credit Karma, QuickBooks, and Mailchimp, has entered into an agreement to acquire San Francisco-based SeedFi, the partner behind Credit Karma’s Credit Builder, which helps low, or no-credit borrowers build credit while saving money, all for free. Terms of the transaction were not disclosed. Credit Builder offers […]
PALO ALTO — Pangea Cyber has announced a $26 million Series B funding round to accelerate the delivery of its API-based security services. The round was led by GV, with participation from Decibel and Okta Ventures. They join existing investors Ballistic Ventures and SYN Ventures. This brings total funding raised for the one year old […]
SAN FRANCISCO — Instacart, the leading grocery delivery company in North America, has introduced Community Carts, a new feature that reimagines traditional food drives, making it easy for consumers to donate groceries that food banks need most with the Instacart App. Just in time for the holiday season, Community Carts gives consumers the opportunity to […]
The median home price in California for the month of October dropped from the previous month to $801,190 according to the California Association of Realtors. Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of 274,040 in October, according to information collected by C.A.R. from more than 90 […]
SUNNYVALE, CA and CALGARY, AB — Plug and Play has announced a partnership with WestJet, Canada’s second largest airline in both their Silicon Valley and Alberta, Canada locations. The partnership will focus on leveraging artificial intelligence and machine learning across the airline’s business through Plug and Play’s Travel and Hospitality program. “In our expansive travel and hospitality industry, access to […]
NVIDIA is teaming up with Microsoft to build one of the most powerful AI supercomputers in the world. The machines will be powered by Microsoft Azure’s advanced supercomputing infrastructure combined with NVIDIA GPUs, networking and full stack of AI software to help enterprises train, deploy and scale AI, including large, state-of-the-art models. Azure’s cloud-based AI […]