News about Silicon Valley business almost everyday.
MOUNTAIN VIEW — Financial software company Intuit Inc. has introduced QuickBooks Solopreneur, a new product designed to meet the unique needs of one-person businesses. The comprehensive tool provides a number of easy-to-use features to help solopreneurs stay in control of their finances, create trackable goals, manage business expenses to stay tax-ready, and have the confidence […]
Apple announced an expansion of Self Service Repair for MacBook Pro and iMac models powered by M3, with support available today. Since April 2022, Self Service Repair has given customers access to the same manuals, genuine Apple parts, and tools used at Apple Store locations and Apple Authorized Service Providers. Apple is also making Apple […]
In partnership with Cal State San Bernardino (CSUSB) and Fresno State, San José State University hopes to address the shortage of cybersecurity professionals by promoting cybersecurity education programs that will result in the development of a skilled workforce. This collaborative effort, led by CSUSB, will also involve key stakeholders, with the mission to nurture and […]
SAN JOSE — Applied Materials has introduced a portfolio of products and solutions designed to address the patterning requirements of chips in the “angstrom era.” As chipmakers transition to process nodes at 2nm and below, they increasingly benefit from new materials engineering and metrology techniques that help overcome EUV and High-NA EUV patterning challenges, including […]
PALO ALTO — Parspec, an AI-powered software platform that streamlines the selection and sale of construction products, has raised an oversubscribed $11.5 million seed round. Innovation Endeavors led the investment, with participation from Building Ventures, Heartland Ventures, and Hometeam Ventures. Two investors joined the board in connection with the investment: Innovation Endeavors’ Josh Rapperport as […]
PALO ALTO – After a woman stole an unoccupied Amazon delivery van in Palo Alto last Thursday afternoon, police tracked the vehicle to San Jose, arrested her, and recovered the stolen van. On Thursday, February 22, 2024, at about 3:35 p.m., the Palo Alto 24-hour dispatch center received a call from an Amazon delivery driver stating […]
DoorDash has launched a new partnership with Pet Supplies Plus, the largest and most trusted pet retail franchise, to offer on-demand delivery of pet essentials from 720 locations. Whether it’s restocking food for their furry, feathery, or scaly friends, or indulging their pet with a new treat, pet parents can now enjoy the convenience of […]
MENLO PARK – KKR, one of the nation’s largest private equity firms, has signed an agreement with Broadcom Inc. to acquire its End-User Computing Division (the “EUC Division”) in a deal valued at approximately $4 billion. Upon closing of the transaction, the EUC Division will become a standalone company, with greater access to growth capital […]
SANTA CLARA — Clumio, a provider of data backup and recovery for public cloud customers, has secured $75 million in a Series D funding round led by Sutter Hill Ventures, along with participation from existing investors Index Ventures and Altimeter Capital, and new investor NewView Capital. The investment will be used to accelerate the company’s innovation and go-to-market in […]
MILPITAS — PermitFlow has landed a $31 million Series A round led by Kleiner Perkins with participation from Felicis, Altos Ventures, Initialized Capital, Y Combinator, and leading ConTech, workflow software, and AI angel investors. PermitFlow’s mission is to transform the way construction projects transition from concept to reality, starting with the permitting process. In the face of housing shortages, crumbling infrastructure, […]
SANTA CLARA — Highway 9 Networks has launched from stealth, introducing the industry’s first mobile cloud for delivering cloud-native mobility and services for the AI-driven enterprise. Developed by veteran leaders from VMware, the Highway 9 Mobile Cloud enables voice + data coverage everywhere, reliable and high-performance mobile connectivity for AI-driven use cases like robotics, factory […]
SAN MATEO — Synadia Communications, Inc., creators and maintainers of NATS.io (NATS), the open-source cloud and edge-native messaging system for high-performance data streaming, has closed a $25 million Series B financing round. Led by Forgepoint Capital, the investment round includes participation from existing investors and new investors Singtel Innov8, LDVP and 5G Open Innovation Lab. Forgepoint Managing Director Ernie Bio will […]