PALO ALTO — EquityBee, an employee-focused stock options funding solution, has landed $55 million in new Series B funding. The round was led by existing investor Group 11, with participation from new investors Israel-based Greenfield Partners, as well as existing investors Battery Ventures, Local Globe/Latitude, Altair and ICON. The investment will be used to advance […]
Sisu Raises $62 Million Series C
SAN FRANCISCO — Sisu, a platform that helps companies make better decisions with their data, has raised $62 million in Series C funding round led by Green Bay Ventures and with participation from existing investors a16z and NEA and new investor Geodesic Capital. The new funding brings Sisu’s total capital raised to over $128 million […]
Apple Introduces Advanced 3D Maps for Bay Area, NY, LA
Apple has updated its Maps software in iOS 15 with a new city experience that offers rich details, driving routes with better navigation, immersive walking directions shown in augmented reality, and much more. The update, which expands on the new map that Apple spent years building from the ground up, is now available in San […]
New Age Meats Chews Up $25 Million Round
BERKELEY — New Age Meats announced it has raised $25 million in Series A funding that will allow the Berkeley-based cultured meat company to begin production by 2022. Hanwha Solutions of South Korea led the funding round, with follow-on funding from previous investors SOSV’s IndieBio, TechU Ventures, ff VC and Siddhi Capital. Hanwha ranks among the […]
Chipotle Offers Beef Brisket on Menu
Chipotle Mexican Grill, a national fast-casual food chain with 2,850 locations, announced that smoked brisket will be available at U.S. and Canada restaurants for a limited time. Made with Responsibly Raised beef, the new beef is smoked to tenderness, charred on the grill, and seasoned with Mexican spices, including fire-roasted jalapenos and chipotle chili peppers. […]
Red Cross Reports Blood Shortage
As the nation returns to in-person workplaces and schools amid a surge in COVID-19 cases, the American Red Cross faces an emergency blood and platelet shortage. Donor turnout has reached the lowest levels of the year, decreasing by about 10% since August. Those who are eligible to donate are urged to do so now to […]
US Postal Service to Hire 40,000 Workers for Holidays
The U.S. Postal Service is currently hiring for more than 40,000 seasonal positions as preparations continue for the 2021 winter holidays, the agency’s peak season for mail and package deliveries. Seasonal opportunities include but are not limited to city and rural mail carriers, mail handlers and drivers. Job seekers can find and apply for open […]
Ketch Scores $21 Million Series A1
SAN FRANCISCO — Ketch, an operator of a data control platform for privacy, governance and security, has closed on a Series A1 funding round, raising $20 million. This is a follow-up to a series A funding round that closed in March of this year, bringing the total of its series A investment to $43 million. […]
Intuit Launches Venture Capital Division
MOUNTAIN VIEW— Intuit Inc., the financial software company known for TurboTax, QuickBooks, Mint and Credit Karma, is getting into the venture capital business with the launch of Intuit Ventures, its corporate venture capital arm. Intuit Ventures will help accelerate innovation for businesses and consumers through the companies it invests in, driving future innovations for consumers and small businesses. The […]
Siebel Scholars Names 2022 Class
REDWOOD CITY –The Siebel Scholars Foundation has announced the recipients of the 2022 Siebel Scholars award. Now in its 21st year, the Siebel Scholars program annually recognizes nearly 100 exceptional students from the world’s leading graduate schools of business, computer science, and bioengineering. The 82 distinguished students of the Class of 2022 join past Siebel Scholars classes […]
Intel Breaks Ground on 2 Arizona Chip Plants
Intel has broken ground on two new leading-edge chip factories at the company’s Ocotillo campus in Chandler, AZ. Intel CEO Pat Gelsinger celebrated the start of construction at a ceremony Friday on the largest private investment in Arizona history and reiterated the company’s commitment to investing in U.S. semiconductor leadership. (Photo above: Keyvan Esfarjani (from […]
Pronto Reels in $4 Million Seed Round
CUPERTINO — Pronto, a provider of partner ecosystem management, has raised $4 million in seed funding. Pronto helps companies harness the full potential of their business partnerships by offering a highly secure, customizable, collaborative platform on which companies and partners can manage, automate, and track the development of their solutions and go-to-market efforts. The new investment was […]