News about Silicon Valley business almost everyday.
SAN FRANCISCO — Hightouch, a data and AI platform for marketing and personalization, has raised an $80 million Series C at a valuation of $1.2 billion. The round was led by Rajeev Dham at Sapphire Ventures, with participation from NVC, ICONIQ Growth, Amplify Partners, Bain Capital Ventures, and Y Combinator. The investment will help drive adoption of the company’s AI Decisioning […]
REDWOOD CITY — Prenuvo, which specializes in proactive whole-body MRI screening, disclosed that it quietly raised $120 million as part of Series B fundraising during 2024. The company has identified over 1.4 million personalized health insights across its member base, highlighting the critical role of early detection. This milestone comes as Prenuvo surpassed 110,000 members […]
PALO ALTO — Eudia, an Augmented Intelligence platform for Fortune 500 legal teams, has closed its Series A funding round for up to $105 million, led by General Catalyst with participation from Floodgate, Sierra Ventures, Hakluyt Capital, Defy, Everywhere Ventures, B3 Capital, Backbone, Firsthand, as well as angel investors Gokul Rajaram, Chris Re, Andrew Sieja, Mike Gamson, and Scott Belsky. In tandem, Eudia […]
TORRANCE — K2 Space has announced its $110 million Series B to ramp up mass production of its multi-orbit, high power satellite platform. The funding round, co-led by Lightspeed Venture Partners and Altimeter Capital, includes participation from existing investors Alpine Space Ventures, First Round Capital, and others. This milestone comes as K2 celebrates the opening of its […]
SAN FRANCISCO — Tofu, operator of a unified AI platform for B2B marketing teams, has raised $12 million in Series A funding. The investment was led by SignalFire, with participation from HubSpot Ventures, Tau Ventures, Correlation Ventures, Alumni Ventures, SH Fund, Riverside Ventures, Eudemian Ventures, and Han Bridge Capital, alongside a notable group of angel investors. Existing […]
SAN FRANCISCO — Semgrep, operator of an Application Security platform, has landed $100 million in Series D funding led by Menlo Ventures. With added participation from existing investors including Felicis Ventures, Harpoon Ventures, Lightspeed Venture Partners, Redpoint Ventures, and Sequoia Capital, this round brings the company’s total funding to $204 million to date. Customers and security leaders tell Semgrep current code scanners are noisy and low efficacy, […]
SAN FRANCISCO — Human.org, a product-based AI safety lab dedicated to solving AI Alignment (AIA), has announced $7.3 million in pre-seed funding to build a trust infrastructure that ensures AI agents are verifiably aligned with human intent. Backed by investors including HF0, Soma Capital, Spearhead, Pioneer Fund, Hummingbird VC, Brett Gibson, general partner at Initialized Capital, Val Vavilov, founder of Bitfury, James […]
MARIN — PlantBaby, a company dedicated to creating innovative solutions in the plant-based nutrition space, has closed its Series Seed equity financing round. The round was led by B2 Partners, a firm founded by investor Matt Behrens, at a post-money valuation of $20 million. “PlantBaby represents the kind of forward-thinking, mission-driven company we look to support at B2 […]
TrueFoundry has raised $19 million in Series A funding, led by Intel Capital, with participation from existing investors Peak XV(formerly Sequoia India) and Eniac Ventures. The company is also adding Jump Capital as a new investor, alongside angel investors including Gokul Rajaram (Product Leader, DoorDash & ex-Google), Mohit Aron (Founder, Nutanix & Cohesity), Cyan Banister (Early-stage investor, Uber & SpaceX), Ankit Sobti (Co-founder, Postman), and Lenny Rachitsky (Author, Lenny’s […]
SAN FRANCISCO — Tyba, an energy storage optimization platform, has announced $13.9 million in Series A funding led by Energize Capital. The round includes new investment from Pear VC, Mobilize Climate Capital, and Borusan Ventures and follow-on investment from Powerhouse, Wireframe, Virta, and Lorimer. This brings Tyba’s total funding to $18.15 million. This capital will help Tyba […]
SAN FRANCISCO — Backline, an autonomous security remediation platform, has launched from stealth with $9 million in Seed funding led by StageOne Ventures, with participation from Evolution Equity Partners and Gradient. The company’s fleet of AI agents automatically fixes security vulnerabilities and misconfigurations at scale, helping enterprises tackle their overwhelming security backlogs. Already deployed across organizations, […]
SAN FRANCISCO — Rad AI, one of the first companies to successfully commercialize a generative AI product in healthcare, announced a $60 million Series C financing round, valuing the company at $525 million. The oversubscribed round was led by Transformation Capital, with participation from existing investors Khosla Ventures, World Innovation Lab, UP2398, Kickstart Fund, OCV […]