News about Silicon Valley business almost everyday.
SAN FRANCISCO — Transcend, developer of a data privacy platform, has raised $40 million in Series B funding led by new investor StepStone Group, with participation from HighlandX and existing investors Accel, Index Ventures, 01 Advisors (01A), Script Capital, and South Park Commons. This brings the total raised to nearly $90 million. Since its last […]
SAN FRANCISCO — GaiaNet, a new AI infrastructure project that aims to decentralize current AI agent softwares, has raised a $10 million Series Seed Round funding, with key strategic advisors that include Generative Ventures’s Lex Sokolin, Republic Capital’s Brian Johnson, 7RIDGE’s Shawn Ng, Kishore Bhatia, EVM Capital, Mirana Ventures, Mantle EcoFund and ByteTrade Lab. GaiaNet […]
SAN JOSE — Coactive AI has landed $30 million in Series B funding, cementing its position as the leading platform for analyzing images and videos. Cherryrock Capital, in its first investment, co-led this funding round with Emerson Collective. They were joined with significant participation from Greycroft, and previous investors Andreessen Horowitz, Bessemer Venture Partners, and […]
SAN FRANCISCO – Verse, developer of software that enables organizations to understand, plan, and manage clean energy, has raised a $20.5 million Series A funding round. The investment, led by GV (Google Ventures) with participation from Coatue, CIV, and MCJ Collective, will support Verse as it scales commercial operations and develops new product capabilities to help organizations […]
SANTA CLARA — Expedera Inc., a licensor of edge inference artificial intelligence (AI) semiconductor intellectual property (IP), has raised $20 million in Series B funding led by indie Semiconductor, with participation from prominent repeat and new industry investors. This investment, which includes converting a previous SAFE note, brings the company’s total funding to more than $47 million. […]
SANTA CLARA — Bolster, a leader in multi-channel phishing protection, announced a $14 million Series B financing round led by new investor M12, Microsoft’s venture fund. Existing investors Thomvest Ventures, Crosslink Capital, Liberty Global Ventures, Cheyenne Ventures, Cervin Ventures, and Transform Capital also participated. The financing brings Bolster’s total funding to over $40 million. Over […]
SAN FRANCISCO — Lumos, a software company centralizing the management of apps and identities for IT and security teams, has secured $35 million Series B financing led by Scale Venture Partners with participation from Andreessen Horowitz, Harpoon Ventures, Neo and others. Lumos revenue has grown 9x since its last fundraise, and has won over top […]
PALO ALTO — Atropos Health, apioneer in translating real-world clinical data into high-quality personalized real-world evidence for care, has landed a $33 million Series B on the heels of the adoption of its Generative AI platform (GENEVA OS) by healthcare institutions, data platforms, research institutions, life sciences companies and more. The funding was led by […]
BERKELEY — Radar Therapeutics, a biotech company developing smart programmable medicines, has completed an oversubscribed $13.4 million in seed financing led by NfX Bio. Major investors Eli Lilly and Company, Biovision Ventures, and KdT Ventures also joined the round, with participation from PearVC, BEVC and other investors. The financing will support advancement of Radar’s internal […]
SAN FRANCISCO — Scale AI, a data foundry for AI, has tipped the scales after a $1 billion financing transaction, bringing the company to a valuation of $13.8 billion. Existing investor Accel led the round with participation from returning investors including Y Combinator, Nat Friedman, Index Ventures, Founders Fund, Coatue, Thrive Capital, Spark Capital, NVIDIA, […]
SAN MATEO — WitnessAI, creator of the first enablement platform for safe AI use, has secured a $27.5 million Series A round, co-led by GV and Ballistic Ventures. The company had previously been incubated by Ballistic Ventures, beginning in 2023. Generative AI and large language models (LLMs) are seen as a transformative technology for enabling innovation […]
SAN JOSE — Alkira, a provider of on-demand network infrastructure as-a-service, has closed a $100 million Series C funding round, bringing the company’s total funding raised to date to $176 million. The round was led by Tiger Global Management, a leading global investment firm, with additional investment from Dallas Venture Capital, Geodesic Capital, LIAN Group and NextEquity Partners; […]