News about Silicon Valley business almost everyday.
SAN FRANCISCO — -Fathom, an AI Notetaking app for Zoom, has launched with $4.7 million in seed funding from a coalition of early Zoom investors (Maven Ventures, Bill Tai, Matt Ocko), Silicon Valley insiders (CEOs of Reddit, Twitch, Cruise, Mercury, People.ai, Snapdocs, Shogun), early-stage VC firms (Character, Active Capital, Global Founders Capital, Rackhouse.vc, Soma Capital), […]
Apple TV+ has unveiled the teaser trailer and premiere date for “WeCrashed,” a new limited series from Lee Eisenberg and Drew Crevello, based on the hit Wondery podcast “WeCrashed: The Rise and Fall of WeWork” and starring Academy Award and SAG Award winners Jared Leto and Anne Hathaway. The limited series also stars Kyle Marvin, […]
California home sales and prices moderated in December as mortgage rates edged higher, but home sales for the entire year recorded the strongest pace since 2009, exceeding 2020’s level by 7.9 percent, according to data from The California Association of Realtors (C.A.R.). Bay Area home sales were down 23.1% for the year. Closed escrow sales […]
SAN JOSE — Roku is looking to add more original content to its service with a new feature film about Grammy-winning musician and pop cultural icon “Weird Al” Yankovic. Produced by Funny Or Die and Tango, WEIRD: The Al Yankovic Story will be available exclusively on The Roku Channel. Production on the biopic begins in Los […]
PALO ALTO – HP Inc. has introduced Fortis laptops, a new portfolio of PCs built to withstand the rigors of school use. Teaching and learning has forever changed. Before the pandemic, student PCs typically stayed in the classroom for occasional use. Today, learning is happening beyond just the classroom including the playground, on the bus, […]
SUNNYVALE — Clari, developer of a revenue operations platform,has closed on a $225 million Series F round, raising the company’s total valuation to more than $2.6 billion. The new funding follows Clari’s $150 million Series E round in March 2021, bringing total funding in the last 12 months to $375 million while more than quadrupling […]
SAN FRANCISCO — Lattice, which operates a people management platform for businesses, is now valued at $3 billion after closing a $175 million round of funding from Thrive Capital, Elad Gil, Tiger Global, and Dragoneer. The new funding round was also joined by existing investors Founders Fund, HighSage Ventures, Shasta Ventures, Fuel Capital, Khosla Ventures, […]
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 […]
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 […]
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 […]
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 […]
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 […]