News about Silicon Valley business almost everyday.
CUPERTINO — Apple has unveiled the all-new Mac mini powered by the M4 and new M4 Pro chips, and redesigned around Apple silicon to pack an incredible amount of performance into an even smaller form of just 5 by 5 inches. With M4, Mac mini delivers up to 1.8x faster CPU performance and 2.2x faster […]
CUPERTINO — CIM Group announced the sale of Arioso, a 201-unit apartment community in the Silicon Valley community of Cupertino, just minutes away from Apple’s spaceship headquarters. Arioso offers one- and two-bedroom configurations set in eight, three-story buildings spread across the property and provides 382 parking spaces. The community offers a comfortable environment with large […]
SAN MATEO — Concentric AI, a leading vendor of intelligent AI-based solutions for autonomous data security posture management (DSPM), has secured financing of $45 million in a Series B round, bringing the company’s total funding to more than $67 million. The funding round was led by Top Tier Capital Partners and HarbourVest Partners. CyberFuture, a global […]
SAN FRANCISCO — Zip announced a $190 million Series D funding round, raising the company’s valuation to $2.2 billion. The round was led by BOND, with additional new investors DST Global, Adams Street, and Alkeon, along with Zip’s existing investors, Y Combinator and CRV. Zip operates an AI-powered procurement orchestration platform. “Zip is one of […]
SANTA CLARA — AMD has announced the AMD Alveo UL3422 accelerator card, the latest addition to its family of accelerators designed for ultra-low latency electronic trading applications. AMD Alveo UL3422 provides trading firms, market makers and financial institutions with a slim form factor accelerator optimized for rack space, cost and designed for a fast path […]
PALO ALTO — Glooko, Inc., a digital health company connecting patients, providers, biopharma and medical device partners, has secured a $100 million Series F round. The Company’s Board of Directors also announced the appointment of Mike Alvarez as Chief Executive Officer. The funding round, led by Georgian, with investments from Health Catalyst Capital, Canaan and […]
SAN JOSE — Neuron7.ai, a provider of Service Resolution Intelligence, has raised $44 million in Series B funding led by Smith Point Capital, the firm founded by former Salesforce Co-CEO Keith Block. Existing investors Nexus Venture Partners and Battery Ventures joined the oversubscribed funding round, bringing the total capital raised to date to more than […]
CUPERTINO — Apple — the world’s most valuable company — has introduced the new iPad mini featuring the A17 Pro chip and Apple Intelligence, the easy-to-use personal intelligence system that understands personal context to deliver intelligence that is helpful and relevant while protecting user privacy. With a beloved ultraportable design, the new iPad mini is […]
PALO ALTO – Police arrested two suspects last week in connection with a vandalism at the Stanford Shopping Center that occurred last Monday night. One officer was injured attempting to apprehend the fleeing suspects. On Monday, October 7, 2024, at about 6:00 p.m., officers were at the Stanford Shopping Center monitoring a demonstration occurring at that […]
SAUSALITO — Best Day Brewing, a fast-growing, non-alcoholic craft beer brand, has announced $22.5 million in total funding raised in 2024 from new partners and existing investors – showcasing the high-level of confidence in the industry, brand, and Best Day’s product. Since joining the non-alcoholic market in 2022, Best Day quickly emerged as a fast-growing brand […]
SAN FRANCISCO — Galileo, a provider of generative AI evaluation and observability for enterprises, has raised $45 million in Series B funding led by Scale Venture Partners, with participation from Premji Invest, bringing the company’s total funding to $68 million. The company reports 834% revenue growth since the beginning of 2024. During this time, the company quadrupled its […]
Caltrain has launched a new electrified schedule, bringing the 160-year-old San Francisco-San Jose rail corridor from diesel power to electric. Caltrain is currently running 100% renewable, zero-emission service from San Francisco to San Jose for the first time. The new high-performance, state-of-the-art electric trains offer a better experience for Caltrain riders. Caltrain service is now faster and […]