News about Silicon Valley business almost everyday.
MENLO PARK — DeltaStream, Inc., a serverless stream processing platform, has raised $15 million in Series A funding from New Enterprise Associates (NEA), Galaxy Interactive and Sanabil Investments. The funding will accelerate the company’s vision of enabling a complete serverless stream processing platform to manage, secure and process all streaming data, irrespective of data source […]
SAN FRANCISCO — Bee Partners, a pre-seed venture capital firm with offices in Silicon Valley and Denver, announced the promotion of Alejandra “Ale” Vergara to Principal. This move underscores Bee Partners’ continued evolution and Ale’s recent contributions, particularly in driving the next wave of Human-Machine Interaction through the lens of Generative AI. Ale first worked with Bee […]
MENLO PARK — AttoTude, a developer of interconnect technology for AI and hyperscale data center applications, has announced the completion of its Series A funding round of $29 million. This latest round comes on the heels of AttoTude’s initial Seed Round which raised $11 million in March, 2024. The rounds were funded by a combination […]
SAN FRANCISCO — P0 Security, provider of the first unified IGA and PAM platform for the cloud designed to secure all enterprise cloud identities, has closed $15 million Series A round, bringing its total raised since inception to $20 million. The investment was led by SYN Ventures with participation from Zscaler, the leader in cloud […]
SUNNYVALE — Inflammatix, a pioneering molecular diagnostics company, has closed $57 million in Series E financing, led by Khosla Ventures and Think.Health. The new money will support regulatory filing and early commercialization of the company’s lead product, the TriVerity Acute Infection and Sepsis Test (TriVerity). TriVerity is a blood test that is intended to fill […]
SAN FRANCISCO — TeamBridge, which operates a Workforce OS (workforce operating system) for hourly workforces, has raised $28 million in a Series B round led by Mayfield, with participation from existing investors General Catalyst and Abstract Ventures. The new funds will be used to accelerate the product and AI roadmap, enhance client services, and continue […]
PALO ALTO — Glean has announced an over $260 million Series E round at a $4.6 billion valuation, as the company meets growing demand for its Work AI platform. The round was co-led by Altimeter and DST Global, with participation from new investors Craft Ventures, Sapphire Ventures, and SoftBank Vision Fund 2, and existing investors Coatue, General Catalyst, […]
SUNNYVALE — Acuvity, which operates a comprehensive AI security and governance platform for both employees and applications, has scored a $9 million seed funding round led by Foundation Capital, with participation from individual investors like Basil Alwan, Sri Reddy and Jonathan Siddharth. Acuvity will use the funding to accelerate the development of its products to […]
SAN FRANCISCO — Connectly, a developer of conversational commerce, has landed a $20 million Series B investment led by Alibaba, with participation from Unusual Ventures, Volpe Capital, RX Ventures, Falabella Ventures and Philippos Kourkoulos Latsis. Connectly, which was founded in 2020 by industry veterans from Facebook, Google, Uber, and McKinsey, uses proprietary artificial intelligence (AI) […]
SOUTH SAN FRANCISCO – Arsenal Biosciences, a clinical stage programmable cell therapy company focused on engineering advanced CAR T-cell therapies for solid tumors, announced the close of an oversubscribed $325 million Series C financing round. The funding round included new investors ARCH Venture Partners, Milky Way Investments Group, Regeneron Ventures, NVentures (NVIDIA’s venture capital arm), […]
SAN FRANCISCO — Agree, an all-in-one agreements platform that seamlessly integrates money movement, has announced a $3 million pre-seed round. The round was led by Better Tomorrow Ventures with participation from 8-Bit Capital, Everywhere Ventures, Expedite Ventures, Firsthand Alliance, Hustle Fund, NEA, Singh Capital Partners, and Trust Fund. With this investment, the company aims to […]
SAN FRANCISCO — Opkey, an Artificial Intelligence (AI) continuous test automation platform for enterprise systems, has raised $47 million in Series B funding led by PeakSpan Capital, with continued support from existing investors. This substantial investment will fuel Opkey’s mission to deliver continuous assurance and streamline cloud Enterprise Resource Planning (ERP) transformation programs, enabling Opkey to accelerate product development, […]