News about Silicon Valley business almost everyday.
MOUNTAIN VIEW — Lark Health has closed a $100 million Series D funding round led by Deerfield Management Company. The funding round also includes crossover fund PFM Health Sciences, as well as returning investors Franklin Templeton, King River Capital, Castlepeak, IPD, Olive Tree Capital, and Marvell Technology cofounder Weili Dai. Lark has raised over $185 million in equity and […]
New-vehicle prices hit another all-time high in September 2021, marking the sixth straight record-setting month and surpassing $45,000 for the first time, according to a new report from Kelley Blue Book. At $45,031, the average transaction price (ATP) for a new vehicle was up 12.1% (or $4,872) from one year ago in September 2020 and up 3.7% (or $1,613) from August 2021. The all-time-high […]
SUNNYVALE — Google has formed the Google Cybersecurity Action Team. Made up of experts from across the company, the Google Cybersecurity Action Team will be the world’s premier security advisory team with the singular mission of supporting the security and digital transformation of governments, critical infrastructure, enterprises and small businesses. The announcement was made as […]
SAN FRANCISCO — DeepSight Technology has landed a $25 million Series A funding round led by Deerfield Management Company, a healthcare investment firm, with additional funding from Wing, Alter Venture Partners, and Time BioVentures “We are excited to be on the frontier of advancing medical imaging,” said founder and CEO Nader Sadrzadeh. “Based on internal studies, […]
SAN FRANCISCO — Honor Technology, Inc., the world’s largest senior care network and technology platform, has raised $70 million in Series E funding and $300 million in debt financing. The round brings Honor’s total equity funding to date to $325 million and values the company at over $1.25 billion. Honor recently acquired global home care provider Home Instead. Honor’s technology and operations platform, paired […]
Graduates in the Class of 2020 with computer and information sciences degrees received the highest average starting salaries at the advanced degree levels, according to the National Association of Colleges and Employers (NACE) Summer 2021 Salary Survey report. Graduates earning master’s degrees in the computer and information sciences discipline received an average starting salary of $99,268—the […]
SAN FRANCISCO — BetterUp, a provider of virtual professional coaching for large businesses, has closed $300 million in Series E fundraise. This round brings the company’s valuation to $4.7 billion and total funding to $600 million, making BetterUp the largest mental health and coaching company in the world. The round follows BetterUp’s $125 million Series […]
SAN FRANCISCO — Kentik, which helps companies monitor their networks, has closed a $40 million Series C funding round led by existing investor Third Point Ventures. Investors from prior rounds – August Capital, Tahoma Ventures, DCVC, Engineering Capital and Vistara Growth – were joined by new investors Golub Capital, Gaingels and Delta-v Capital to complete […]
SAN FRANCISCO — Twitter, Inc. has agreed to sell MoPub to AppLovin Corporation, a leading marketing software company based in Palo Alto, for $1.05 billion in cash. MoPub provides an advertising network for app publishers. Twitter bought the company for about $350 million in 2013 but is selling to focus on its own products and […]
McDonald’s is making school day mornings a little brighter for teachers with a free breakfast Thank You Meal all next week from October 11 to 15. “Together with our Owner/Operators, we’re proud to serve the people who make our communities a better place, and this is an important time to say thank you to some […]
United Airlines announced it will fly its biggest domestic schedule since the start of the pandemic to meet an expected surge in holiday travel, with an emphasis on connecting the Midwest to warm weather cities like Las Vegas and Orlando as well as offering nearly 70 daily flights to ski destinations, including new service between Orange County and Aspen. United reported […]
ReleaseHub, a fully-remote company that was based in San Francisco, has completed a $20 million Series A funding round. Led by CRV with participation from Sequoia, Y Combinator, Bow Capital, Artisanal Ventures, Hack VC and angel investors Amit Agarwal (Datadog), Bill Clerico (WePay) and Chase Gilbert (Built Technologies), the Series A follows a $2.7 million […]