News about Silicon Valley business almost everyday.
SAN FRANCISCO – San Francisco District Attorney Brooke Jenkins announced her office has secured a conviction of Aziza Graves (43), of San Francisco, after a trial by jury for repeated theft from retailers. Ms. Graves was convicted of one felony count of grand theft in violation (PC 487(a)) and 52 misdemeanor counts of petty theft […]
UFC, the world’s premier mixed martial arts organization, has announced a groundbreaking redesign of the iconic UFC Official Fight Glove that offers athletes enhanced protection, improved fit, greater comfort, and maximum flexibility. The new UFC Official Fight Glove, available in the 3EIGHT and 5EIGHT series, was designed with product developers using athlete and coach feedback, scientific data, and engineering […]
Website design and development as well as graphic design are among the most in-demand services on the Upwork marketplace. In an effort to increase work opportunities for web designers and developers, GoDaddy will join the new Upwork Partners program as the first web presence partner. The Upwork Partners program includes Upwork Partner Experts, through which partners can provide […]
Vogue announced it will host the fourth annual livestream of The Met Gala Red Carpet, which will take place on Monday, May 6 at 6:00pm ET, and will be hosted by actor Gwendoline Christie, producer and actor La La Anthony, and model Ashley Graham. Emma Chamberlain will return as Vogue’s special correspondent to interview some […]
Apple is holding a keynote event on Tuesday, May 7 at 10 a.m. Eastern time, 7 a.m. Pacific time. CEO Tim Cook is expected to introduce a new lineup of iPads at the event. The event is likely pre-taped. Apple reported iPad sales of $5,559 billion in the first quarter of 2024, down from $6.67 […]
Wingstop, a national chain specializing in chicken wings, announced financial results for the fiscal first quarter ended March 30, 2024. Highlights for the fiscal first quarter 2024 compared to the fiscal first quarter 2023: System-wide sales increased 36.8% to $1.1 billion 65 net new openings in the fiscal first quarter 2024 Domestic same store sales increased […]
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, […]