News about Silicon Valley business almost everyday.
MOUNTAIN VIEW — Luminous Computing has raised $105 million in a Series A round, with participation from investors including Gigafund, Microsoft founder Bill Gates, 8090 Partners, Neo, Third Kind Venture Capital, Alumni Ventures Group, Strawberry Creek Ventures, Horsley Bridge, Modern Venture Partners, and others. Luminous is trying to build the world’s most powerful AI supercomputer. […]
Here are salaries for Netflix, the world’s leading streaming service, based on H1-B filings with the Department of Labor. Salary data is for the first quarter of 2022 and includes positions in Los Gatos and Los Angeles.
Beginning Monday, March 7, Apple Store locations around the country will resume in-person Today at Apple sessions for the first time since the start of the pandemic, and just in time to celebrate Women’s History Month. Music fans and creators of all skill levels are invited to visit their local Apple Store to explore the […]
SAN FRANCISCO — Reforge — a career development platform for professionals in Growth, Product, Marketing and Engineering — has landed a $60 million Series B round led by Insight Partners, with participation from Andreessen Horowitz, True Ventures, NextView Ventures, TCV, Long Journey Ventures, and more than 170 individual operators. For the past five years, Reforge has redefined career […]
MOUNTAIN VIEW — Level AI, a provider of AI-driven technology that is modernizing customer service and experience, announced new product features amid increased demand for its platform. New features include much-requested agent screen monitoring and recording, which are powered by Level AI’s state-of-the-art artificial intelligence technology. This product release comes as Level AI has experienced […]
FREMONT — Weee!, a fast-growing online grocer specializing in Asian and Hispanic groceries, has secured $425 million in Series E financing led by SoftBank Vision Fund 2. Greyhound Capital also participated in this round alongside the company’s existing investors. The company plans to use the new capital to expand Weee!’s platform offering across new and existing ethnicities, and […]
SAN FRANCISCO — Wildtype, a company creating sushi-grade cultivated salmon, has announced the completion of a $100 million Series B funding round, the largest for a cultivated seafood company. The round was led by L Catterton, and includes investments from Leonardo DiCaprio, Bezos Expeditions (the venture arm of Amazon founder Jeff Bezos), Temasek, S2G Ventures Oceans and Seafood Fund, […]
MENLO PARK — RIOS Intelligent Machines, Inc., a provider of end-to-end AI-powered robotic workcells for factory automation, has raised $28 million in Series A equity funding and debt financing. This new round of funding, together with a $5 million venture round announced back in 2020, raise RIOS’ total capitalization to $33 million. The oversubscribed Series A round was led by […]
Palo Alto Police arrested a San Francisco woman this weekend with more than $19,000 in stolen property in the trunk of her car after she shoplifted more than $1600 of clothing from a retailer at Stanford Shopping Center. On Saturday, February 26, 2022, at about 4:34 p.m., officers responded to Victoria’s Secret at Stanford Shopping […]
SAN FRANCISCO — Aurora Solar, a software platform for solar sales and design, has closed a $200 million Series D funding round co-led by current investors Coatue and Energize Ventures with participation from Fifth Wall, ICONIQ and new investors, Lux Capital and Emerson Collective. With this funding, Aurora Solar plans to accelerate its mission to create a future […]
SUNNYVALE — Bandwidth Infrastructure Group (Bandwidth IG) has expanded its dark fiber data connections in Silicon Valley. The company recently completed a unique fiber route — diverse from other carriers — to the vital data center campuses in South San Jose. The 100% underground fiber optic network runs from Santa Clara to the Great Oaks area in South San […]
SAN FRANCISCO — Nirvana Insurance, a technology-driven platform that modernizes commercial fleet insurance using vast amounts of data from sensors on trucks, has officially launched its services to make roads safer and aid the imperiled truck industry. Led by key former employees from Samsara, Rubrik, and Root Insurance, Nirvana recently closed a $22 million Series A funding […]