News about Silicon Valley business almost everyday.
SAN FRANCISCO — Armada, an edge computing pioneer redefining the future of connectivity, compute and AI, has emerged from stealth. The company has raised over $55 million in funding, led by Founders Fund, Lux Capital, Shield Capital and 8090 Industries, with participation from Felicis, Contrary, Valor Equity Partners, Marlinspike, 137 Ventures, Koch Real Estate Investments, […]
Apple unveiled the winners of the 2023 App Store Awards, recognizing 14 apps and games that empowered users to unleash their creativity, discover a world of new adventures, and have fun with family and friends. This year’s winners include developers from across the world, whose apps and games were chosen by the App Store’s Editorial team […]
MENLO PARK — Quicken, maker of America’s best-selling personal finance software, has launched Quicken Classic Business & Personal for Mac. The new product is the only offering that provides users with the ability to effortlessly track their business finance activity, alongside their personal finances, such as their investments. Quicken Classic Business & Personal for Mac is a […]
DoorDash has added two new partnerships with neighborhood markets in Northern California to offer consumers on-demand grocery delivery. Gus’s Community Market, a family-owned San Francisco staple and New Leaf Community Markets, a Santa Cruz-based natural and organic grocer, have joined DoorDash to unlock a broader variety of locally sourced and quality selections for consumers. For over […]
LOS GATOS — Lupin Lodge, a historic naturist resort, nestled amidst the scenic hills of Los Gatos, is now for sale at $32.8 million. The property, encompassing 112 acres located just south of the Lexington Reservoir off Highway 17, is a unique gem in the heart of Silicon Valley. Founded during the Great Depression on the […]
MOUNTAIN VIEW — Kodiak Robotics, Inc., a self-driving technology developer for the trucking and defense markets, has unveiled its first autonomous test vehicle designed specifically for the U.S. Department of Defense (DoD). This vehicle is a Ford F-150 upfitted with Kodiak’s autonomous system, the Kodiak Driver, and contains both the autonomy hardware and software required to operate […]
SAN FRANCISCO — Rhythms, an AI-powered enterprise productivity startup, has landed $26 million in seed funding, co-led by Greenoaks and Madrona with participation from Accel, Cercano (formerly Vulcan), and Founders’ Co-op, all of which were also investors in his previous venture, Ally.io, which was acquired by Microsoft in 2021. Rhythms is developing a first-of-its-kind AI-powered […]
SAN FRANCISCO — Pachama, a technology company on a mission to solve climate change by restoring nature, has extended its Series B round to include an additional $9 million in new equity capital. The extension brings Pachama’s Series B total to $64 million and was participated in by new investor T.Capital, the corporate venture capital […]
MENLO PARK — Ajax Health announced the formation and funding of Cortex, a medical technology company developing an integrated mapping and ablation solution suite for the treatment of atrial fibrillation (AFib), the most common heart rhythm disorder, affecting more than 30 million patients worldwide. Cortex has raised $90 million in funding commitments led by KKR and […]
SAN JOSE — Aviz Networks, a provider of open networking software for cloud-scale infrastructures serving telecom and enterprises, has added Cisco Investments to its latest funding round, joining existing investors, Moment Ventures, Accton and Wistron. This funding round, now reaching $10 million, will accelerate customer momentum for Aviz’s multi-vendor, GenAI-based networking stack along with adoption […]
PALO ALTO — ArmorCode, a specialist in Application Security Posture Management (ASPM) and Risk-Based Vulnerability Management (RBVM), has closed a $40 million Series B round to advance its mission of helping companies ship secure software fast and at scale. Venture firm HighlandX led the round, joined by NGP Capital, along with participation from existing investors […]
Apple ranks as the No. 1 Best Global Brand for the 11th consecutive year according to consulting firm Interbrand. Interbrand has unveiled its Best Global Brands 2023 ranking, revealing many of the world’s top 100 brands are in a state of stagnation. The rate of growth in the overall brand value of the table slowed […]