News

Silicon Valley Tech Salaries Average $133,204

Silicon Valley remains the top hub for technology salaries with average pay of $133,204, up 5.0% from a year ago, according to the 2022 Dice Tech Salary Report. The average technology salary nationwide is the highest ever recorded by Dice at $104,566, up 6.9% from the previous year. “With average tech salaries breaking the six-figure […]

Adobe News

Adobe Sees Inflation in Online Prices

SAN JOSE — With gas prices going up over the past year, inflation is also creeping up in online purchase according to Adobe. According to the latest online inflation data from the Adobe Digital Price Index (DPI) for December 2021, online prices increased 3.1%year-over-year (YoY) and 0.8% month-over-month (MoM). Meanwhile, consumer spending online for all […]

Venture Capital

Pavilion Data Systems Secures $45 Million

SAN JOSE — Pavilion Data Systems, a data analytics acceleration platform provider, has raised a $45 million round led by Kleiner Perkins and Artiman Ventures. “Pavilion is proving its market acceptance across a broad range of industry verticals as an analytics acceleration platform for legacy and next-generation applications,” noted Zamarian. “2021 saw the company grow its employee […]

News

Chase Launches Credit Card With Instacart

Chase, the largest co-brand card issuer in the U.S., and Instacart, the leading online grocery platform in North America, announced an expansion of their existing partnership to make Chase the exclusive issuer of Instacart’s first credit card later this year. As a part of this partnership, Mastercard will become the exclusive payments network for the […]

Venture Capital

Handshake Agrees With $200 Million Series F

SAN FRANCISCO — Handshake, a career network for college students and alumni, announced a Series F round of $200 million at a valuation of $3.5 billion—more than double its valuation in 2021. The round was led by Coatue Management and Valiant Peregrine Fund with participation from Base10’s Advancement Initiative, among other investors. “Millions of people, particularly those just […]

News

Investment Firm, Stanford Form Private Health Research Company

Stanford University is teaming up with Deerfield Management, a New York-based health care investment firm, to create Porter Alliance for Innovative Medicines that will accelerate translational research into clinical therapeutics. Deerfield has committed up to $130 million and additional scientific and operational support to this new collaboration to advance research coming out of Stanford faculty […]

Venture Capital

6Sense Locates $200 Million Investment

SAN FRANCISCO — 6sense, a platform for B2B organizations generating predictable revenue, has closed $200 million in a Series E funding round. The new funding more than doubles 6sense valuation to $5.2 billion just ten months after its $125 million Series D round. The latest round is co-led by new investors Blue Owl and MSD Partners and includes additional new investors SoftBank […]

Venture Capital

Prophecy Fulfills $25 Million Series A

PALO ALTO — Prophecy, an enterprise low-code data engineering platform that brings the speed of DevOps to data engineering, has raised a $25 million Series A round led by Insight Partners, with participation from seed investors SignalFire and Berkeley Skydeck, as well as Dig Ventures. The company has now raised over $31 million in funding. Prophecy provides […]

News

Intel to Build $20 Billion Chip Plants in Ohio

Chip making giant Intel has announced plans to invest more than $20 billion in the construction of two new leading-edge chip factories in Ohio. The investment will help boost production to meet the surging demand for advanced semiconductors, powering a new generation of innovative products from Intel and serving the needs of foundry customers. To […]

Google

Google to Buy London Office Building for $1 Billion

Google says it will increase its investment in the United Kingdom by purchasing the Central Saint Giles development in London — the site where many Google employees work — for $1 billion. Based in London’s thriving West End, the company’s investment in this Renzo Piano-designed development shows that Google remains confident in the office as […]

Venture Capital

Clockwise Clocks In With $45 Million Series C

SAN FRANCISCO — Clockwise, developer of a Time Orchestration platform that helps teams free up their workdays, has raised a $45 million Series C funding round led by Coatue, with participation from Atlassian Ventures and existing investors Accel, Greylock Partners, and Bain Capital Ventures. This round brings the company’s total funding raised to $76 million […]

News

Luminar Links Up With Mercedes-Benz

Palo Alto-based Luminar has announced a partnership with German automaker  Mercedes-Benz to accelerate the development of future highly automated driving technologies for Mercedes passenger cars. [Photo above: Austin Russell, Luminar Founder and CEO with Markus Schäfer, Chief Technology Officer responsible for Development and Procurement at Mercedes-Benz’ Sindelfingen, Germany plant. Source: Business Wire] Luminar’s Iris lidar […]