News about Silicon Valley business almost everyday.
PALO ALTO — Endor Labs, a provider of software supply chain security, has received a strategic investment from Citi Ventures. The amount invested was not disclosed and comes less than a year after the company received $70 million in oversubscribed Series A financing from Lightspeed Venture Partners (LSVP), Coatue, Dell Technologies Capital, Section 32 and more […]
PLEASANTON — Tekion, developer of the first cloud-native platform serving the entire automotive retail ecosystem, has secured $200 million in growth equity capital from Dragoneer Investment Group. This financing round sets Tekion’s valuation above $4 billion. Tekion plans to invest the capital to expand its product offering for dealer partners and OEMs, accelerate implementation timelines, […]
SAN FRANCISCO — Aven, a technology company offering consumer credit cards backed by home equity, has landed a $142 million series D round of funding led by Khosla Ventures and General Catalyst, with participation from existing investors including Caffeinated Capital, Electric Capital, Founders Fund, and The General Partnership. Aven was founded in 2019 by Sadi […]
The San Francisco Peninsula – the region’s Travel & Tourism Board – will host California’s 2024 MICHELIN Guide Ceremony in Half Moon Bay on Monday, August 5, at The Ritz-Carlton. The annual MICHELIN Guide selection of California restaurants will be announced and celebrated at the event, with accomplished chefs from across the state in attendance, along with global media. “We are deeply honored […]
SANTA CLARA — Silicon Valley has the highest rents in the nation of any metro area according to Realtor.com at $3,363 for the month of June. Rents nationally fell again in June, with especially large declines in the South, where there’s been an influx of new rental units, according to the Realtor.com Rental Report released today. The […]
PACIFICA, CA – The City of Pacifica is bringing back their popular Pacifica Workation promotion that encourages remote workers to escape the confines of their home office by taking a “workation” in one of Pacifica’s many beautiful, beach-front hotels. Pacifica Workation Promotion Details for Hotel Guests ● All visitors will receive a $25 citywide Shop […]
NEW HYDE PARK, NY — Northwell Health, New York’s largest health system, is teaming up with Instacart, the nation’s leading grocery delivery service. The partnership is through the Instacart Health initiative that uses Instacart’s platform and products to expand access to nutritious food, inspire sustainable healthy choices, and scale food as health programs to reach […]
SAN FRANCISCO — Planet Labs PBC, a provider of daily data and insights about Earth, announced former YouTube CEO Susan Wojcicki has been appointed to Planet’s Board of Directors. With over two decades of leadership experience in the technology industry helping to scale disruptive companies, Planet believes Ms. Wojcicki is uniquely positioned to support the […]
San Francisco, CA – San Francisco District Attorney Brooke Jenkins announced that Ronaile Joshua Burton (36) of Castro Valley, has been charged in connection with seventeen vandalism incidents in the (Tenderloin). Mr. Burton was arraigned on July 10, 2024, and pleaded not guilty to all charges. Mr. Burton is charged with 17 counts of vandalism, […]
FREMONT — ISE Labs, Inc., a provider of semiconductor engineering services, is opening a second U.S. facility, located in San Jose. Together, the Fremont and San Jose sites will double ISE’s available R&D lab and business space, reinforcing the company’s commitment to Silicon Valley while expanding its North American footprint and helping to strengthen the […]
Alameda County District Attorney Pamela Price announced that Clarence Esteen (31) has been charged with five counts of second-degree robbery for allegedly robbing three fast food restaurants in Oakland. The criminal complaint alleges that on or about July 5, 2024, the defendant entered a McDonald’s on the 6600 block of San Pablo Avenue and demanded […]
PALO ALTO, CA – Police arrested a man last Wednesday night after he entered an occupied home. On Wednesday, July 3, 2024, at about 10:40 p.m., the Palo Alto 24-hour dispatch center received a call reporting a residential burglary that had just occurred in the 1300 block of Hamilton Ave. The investigation revealed that at about 10:20 […]