CUPERTINO — Poplar Homes, a tech-enabled property management company for single family rental (SFR) investors, has raised $53M in Series B funding led by LL Funds with participation from new and existing investors including Crescent Cove Advisors, AGNC Ventures, LLC, the corporate venture capital arm of AGNC Investment Corp., computer scientist Jeff Dean, proptech VC […]
Roku Signs Extension With Amazon Streaming Apps
SAN JOSE — Roku, Inc. announced it has reached a multi-year extension of its distribution agreement with Amazon to continue distributing their streaming video apps on its platform. Shares in Roku were up 6% on Monday following the news. The company released the following statement: “Roku and Amazon have reached a multi-year extension for their […]
Intel Buys Israeli-Based Granulate
SANTA CLARA — Intel Corporation announced an agreement to acquire Granulate Cloud Solutions Ltd., an Israel-based developer of real-time continuous optimization software. The acquisition of Granulate will help cloud and data center customers maximize compute workload performance and reduce infrastructure and cloud costs. Deal terms are not being disclosed but reports say Intel is paying […]
BilliontoOne Snaps Up $125 Million
MENLO PARK — BillionToOne, Inc., a next-generation molecular diagnostics company with a mission to create powerful and accurate tests that are accessible to all, has closed an oversubscribed Series C funding round of $125 million. This round was co-led by incoming investor Adams Street Partners and existing investor Hummingbird Ventures with significant participation from Baillie […]
Apple Releases Schedule for Friday Baseball Games on Apple TV+
Apple and Major League Baseball (MLB) announced the first half of the 2022 “Friday Night Baseball” schedule. These scheduled games are available to anyone with internet access, for free, only on Apple TV+. No subscription required. “Friday Night Baseball” will premiere April 8 with two marquee games: the New York Mets versus the Washington Nationals, […]
March Home Prices for Top 50 Metro Areas
SANTA CLARA — Home prices hit $405,000 for the first time ever in March, but data reveals there is some hope on the horizon for pandemic-era buyers. With demand beginning to moderate as some home shoppers are priced out of the market and new construction at near 16-year highs, inventory is expected to hit positive territory year-over-year this […]
HP Buys Poly for $3.3 Billion
PALO ALTO – HP Inc. said it will to acquire publicly-traded Poly (NYSE: POLY), a provider of workplace collaboration solutions, in an all-cash transaction for $40 per share, implying a total enterprise value of $3.3 billion, inclusive of Poly’s net debt. Poly stock increased about 40% after the deal was announced. Based in Santa Cruz, […]
Celona Finishes $60 Million Series C Financing
CUPERTINO — Celona, the first enterprise networking company to bridge the gap between LTE/5G cellular wireless and enterprise IT infrastructures, has closed a $60 million Series C financing round led by DigitalBridge Ventures. The financing round also included participation from all of Celona’s existing investors: Lightspeed Venture Partners, Norwest Venture Partners, NTTVC, Qualcomm Ventures and […]
Neuron23 Closes $100 Million Series C
SOUTH SAN FRANCISCO — Neuron23 Inc., an early stage biotechnology company focused on developing precision medicines for genetically defined neurological and immunological diseases, has closed a $100 million Series C financing round led by SoftBank Vision Fund 2, bringing the company’s total financing raised to date to $213.5 million. Neuron23’s Series A and B investors […]
Telemedicine Platform Brightside Health Raises $50 Million
SAN FRANCISCO — Brightside Health, a telemedicine platform that offers fast access to personalized treatment, expert providers, and ongoing support for a range of mental health concerns, has raised $50 million in Series B funding. This round, led by ACME Capital and Mousse Partners, with participation from existing investors Bullpen Capital, Triventures, and Trousdale Ventures, […]
FTC Sues Intuit Over False Free Tax Filing Claims
The Federal Trade Commission (FTC) is suing Intuit Inc., the maker of the popular TurboTax tax filing software, by issuing an administrative complaint against the company for deceiving consumers with bogus advertisements pitching “free” tax filing that millions of consumers could not use. In addition, to prevent ongoing harm to consumers rushing to file their […]
Revvable Revs Up With $5 Million Seed
SAN FRANCISCO — Revvable, a SaaS platform for Powersports dealerships, announced a $5 million Seed Round led by Tiger Global with participation from its initial investor Bienville Capital. Revvable’s mission is to enable a seamless purchasing experience for everything from motorcycles and ATVs to apparel and accessories. With Revvable, powersports dealers will be able to […]