News about Silicon Valley business almost everyday.
SAN FRANCISCO — Labelbox, a training data platform for enterprise machine learning applications, has closed a $110 million Series D funding led by SoftBank’s Vision Fund 2. Snowpoint Ventures and Databricks Ventures also participated along with previous investors B Capital Group, Andreessen Horowitz and Catherine Wood, CEO and founder of ARK Invest. To date, Labelbox […]
Are you ready for plant-based fried chicken? Kentucky Fried Chicken and Beyond Meat are kicking off the new year with the debut of Beyond Fried Chicken. Beginning Monday, January 10, KFC restaurants across the U.S. will offer Beyond Fried Chicken for a limited time, while supplies last. The plant-based Beyond Fried Chicken was developed by […]
Four top executives at Google are getting hefty pay raises in 2022 of at least $350,000 plus stock and bonuses according to a filing with the SEC. On December 28, 2021, the Leadership Development and Compensation Committee of the Board of Directors of Alphabet Inc. (Google’s parent company) approved a new compensation arrangement for members […]
On December 31, 2021, PROCEPT BioRobotics Corporation signed a Lease for two buildings at 150-180 Baytech Drive in San Jose. The company develops a surgical robot to treat lower urinary tract infections symptoms (LUTS) due to benign prostatic hyperplasia (BPH). The company will lease two existing buildings, comprising approximately 158,221 rentable square feet of space in […]
Apple TV+ announced a series order for “Manhunt,” a limited series created by Emmy-nominated writer/producer Monica Beletsky (“Fargo,” “Leftovers,” “Friday Night Lights”), who is also the showrunner and an executive producer. “Manhunt” is a true crime series based on the astonishing events of the Lincoln assassination, aftermath and best-selling book by James Swanson. The limited […]
SUNNYVALE – Prevedere, a company developing Intelligent Forecasting software using AI, has completed $25 million in financing. The investment is led by Norwest Venture Partners, with participation from Workday Ventures, M12, JobsOhio, Gaingels, and Latitude Ventures. Prevedere will use the new funds to accelerate the company’s fast-growing market adoption by enterprises looking to leverage the […]
BURLINGAME — Udelv has unveiled what it calls the first cab-less autonomous electric delivery vehicle for multi-stop delivery at the Consumer Electronics Show (CES) in Las Vegas. The vehicle is called the Transporter and is driven by Mobileye technology. The multi-stop electric delivery vehicle features a proprietary, self-contained, hot swappable modular cargo pod called the […]
Can’t get enough of Taco Bell? Well you can now get a monthly pass from the nation’s leading taco chain for one taco per day for 30 days for just $10. Through the pass, guests can redeem any one of seven of the brand’s best known tacos such as the Crunchy Taco, Crunchy Taco Supreme, […]
SAN FRANCISCO — Syntegra, a leader in synthetic healthcare data generation, has closed its seed financing, bringing in a total of $5.625 million. Syntegra’s investors include Sweat Equity Ventures, Hike Ventures, Innovation Global Capital, Wisconn Valley Ventures, Village Global, Impact Venture Capital, GRIDS Capital, Berkeley Catalyst Fund, Launchpad Capital, Vastly Valuable Ventures and First Spark Ventures. The […]
PALO ALTO — Avoma, a provider of a Meeting Lifecycle Assistant, has raised $12 million in a Series A round. The investment is led by Headline, with participation from Storm Ventures, Global Founder Capital, the Zoom Apps Fund, Operator Partners, Industry Ventures, along with its existing investors, K9 Ventures, Dragon Capital, and Twin Ventures. With […]
Walmart wants to soon deliver groceries not just to your front door, but directly in your refrigerator. The nation’s largest retailer is expanding its InHome delivery service, from 6 million households to 30 million U.S. households by the end of the year. To support the expansion, Walmart also plans to hire more than 3,000 delivery […]
REDWOOD CITY — The law firm Gunderson Dettmer Stough Villeneuve Franklin & Hachigian, LLP has elected 15 new partners, effective Jan. 1, 2022, in its largest new partner class to date. The firm now has more than 400 attorneys in 10 offices. These promotions add to the firm’s corporate and securities, fund formation, growth equity, […]