News about Silicon Valley business almost everyday.
CAMPBELL – WekaIO (WEKA), an AI-native data platform company, has raised $140 million in an oversubscribed Series E funding round comprised of a combined primary and secondary transaction led by Valor Equity Partners, a previous investor in the company. Under the terms of the deal, Valor’s founder, CEO and Chief Investment Officer, Antonio Gracias, will […]
SAN FRANCISCO — Harness, operator of a software delivery platform, has raised $150 million in financing from Silicon Valley Bank (SVB), a division of First Citizens Bank, and Hercules Capital, Inc. (NYSE: HTGC). The investment will be used strategically to support the expansion of the Harness platform, including the addition of new modules, further integrating generative AI into […]
SAN FRANCISCO — Vercel, operator of a Frontend Cloud platform, has secured $250 million in Series E funding at a valuation of $3.25 billion. The investment round was led by existing investor Accel, with participation from other existing investors including CRV, GV, Notable Capital (previously GGV Capital), Bedrock, Geodesic Capital, Tiger Global, 8VC, and SV […]
SAN FRANCISCO — Sigma, a cloud analytics solution, has raised $200 million in Series D financing to continue transforming BI through its innovations in AI infrastructure, data application development, enterprise-wide collaboration, and business user adoption. Spark Capital and Avenir Growth Capital co-led the round with additional investments from new investor NewView Capital. All previous investors participated […]
SAN FRANCISCO — Gorgias, a customer experience (CX) platform used by more than 15,000 ecommerce brands, announced $29 million in Series C-2 funding from existing investors. The new funding was led by SaaStr and Alven, with participation from Horsley Bridge, Amplify, Shopify, Sapphire, CRV and Transpose Platform. Sunil Dhaliwal from Amplify has also been added […]
SANTA CLARA — Legion Technologies, an operator of a workforce management platform (WFM), announced a $50 million growth round led by Riverwood Capital with strategic participation from existing investors, including Norwest, Stripes, Webb Investment Network, and XYZ. The round, which brings Legion’s total funding to $145 million, will boost its go-to-market and research and development […]
SAN FRANCISCO — Anetac, a Silicon Valley startup protecting companies from blind spots of service accounts in hybrid environments, announced its emergence from stealth mode. The company has raised $16 million which will bring an intuitive, rapidly deployable SaaS solution. The streaming solution offers real-time visibility, enabling users to discover, monitor and respond to the large […]
SAN MATEO — Bluejay Therapeutics, a leader in the development of novel therapeutics, announced the successful closure of a $182 million Series C financing round. This capital infusion will accelerate the clinical development of BJT-778, as the treatment for chronic hepatitis D (HDV). The funds will also support the progression of additional promising candidates in […]
FREMONT — Attovia Therapeutics has closed a $105 million oversubscribed Series B financing, bringing the total capital raised by the Company since its launch in June 2023 to $165 million. Proceeds from the financing will be used to advance the Company’s lead programs ATTO-1310 and ATTO-002 through initial clinical data readouts, expand the Company’s immunology […]
BURLINGAME — Xona – a company developing a network of small satellites to provide high-precision navigation services – has raised an oversubscribed $19 million Series A funding round led by Future Ventures and Seraphim Space. New investors NGP Capital, Industrious Ventures, Murata Electronics, Space Capital, and Aloniq also joined the round. This funding will be used to […]
SAN FRANCISCO — Peregrine, a data integration platform that allows state and local government agencies to protect and serve their communities, announced a $30 million Series B funding round led by Friends & Family Capital and Fifth Down Capital with participation by existing investors Goldcrest Capital, Craft Ventures, Godfrey Capital, and other committed partners. Peregrine […]
REDWOOD CITY — Karius, Inc., a biotech company using genomic diagnostics for infectious disease, has secured $100 million in Series C funding. The round was co-led by Khosla Ventures and new investors 5AM Ventures and Gilde Healthcare. Also investing was new investor Seventure Partners, and existing investors Softbank Vision Fund 2, General Catalyst, HBM Healthcare […]