News about Silicon Valley business almost everyday.
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 […]
A new movie The Idea of You starring Anne Hathaway has debuted exclusively on Amazon Prime Video. Based on Robinne Lee’s novel of the same name, he Idea of You follows the contemporary love story of Solène (Anne Hathaway), a 40-year-old single mom, and Hayes Campbell (Nicholas Galitzine), the 24-year-old lead singer of the hottest boy band […]
SAN JOSE — Elisity, a specialist in identity-based microsegmentation, has raised $37 million in Series B funding from global software investor Insight Partners. Elisity will use the new funds to extend its platform’s artificial intelligence (AI) capabilities, fully leveraging organizations’ device identity data to anticipate and pre-empt emerging cyber threats and establish unprecedented control over […]
PALO ALTO — StrongDM, the Zero Trust privileged access company, has closed a $34 million Series C funding round led by Anchor Capital, with participation from new investors Capital One Ventures, Cisco Investments, Frontline Ventures, and Singtel Innov8, as well as existing investors including GV, Sequoia Capital, and True Ventures. This investment underscores StrongDM’s commitment to reshaping enterprise […]
PALO ALTO — Mimic, the ransomware defense company, has emerged from stealth and has secured a seed round of funding of $27 million led by Ballistic Ventures, with investment from Menlo Ventures, Team8, Wing Venture Capital and Shield Capital. Mimic also announced today that Ted Schlein, General Partner at Ballistic Ventures and long-time partner at Kleiner Perkins, […]
SAN FRANCISCO — Transcarent, which operates a healthcare platform, has scored a $126 million Series D investment led by General Catalyst and 7wireVentures, joined by new investors Geodesic Capital and Memorial Hermann Health System, with support from previous investors Threshold Ventures, Kinnevik, Ally Bridge Group, Human Capital, Merck Global Health Innovation Fund, Alta Partners, and […]
Offline payments, Square’s no-connection-required solution to deliver continuous commerce connectivity, is now available to Square sellers using every hardware device, and in every country. Whether in a remote location or facing a technology disruption, now nearly every Square seller can continue to operate business-as-usual and keep sales flowing. Square has offered offline payments for 10 […]
Chipotle Mexican Grill plans to honor the healthcare community by awarding 100,000 healthcare workers with free burrito e-cards, equivalent to over $1 million in free food. Over the past several years, the brand has given away more than $5 million in free Chipotle to healthcare professionals. How It Works Chipotle will launch a microsite where healthcare professionals can enter to win […]
Universal Music Group and TikTok have announced a new multi-dimensional licensing agreement that will deliver significant industry-leading benefits for UMG’s global family of artists, songwriters and labels and will return their music to TikTok’s billion-plus global community. The joint agreement marks a new era of strategic collaboration between the two organizations, built on a shared […]
MILL VALLEY and SUNNYVALE — Asteroid Institute, a program of B612 Foundation, and Google Cloud announced the most significant results of their partnership to date: identifying 27,500 new, high-confidence asteroid discovery candidates. The work, which took place over several weeks, has the potential to enable the mapping of the solar system and protect the Earth from collisions, […]
NVIDIA has agreed to acquire Israeli company Run:ai, a Kubernetes-based workload management and orchestration software provider. Terms of the deal weren’t released. Customer AI deployments are becoming increasingly complex, with workloads distributed across cloud, edge and on-premises data center infrastructure. Managing and orchestrating generative AI, recommender systems, search engines and other workloads requires sophisticated scheduling […]