News about Silicon Valley business almost everyday.
SAN MATEO — Tipalti, which offers a global payment platform for businesses, has raised $270 million in series F funding at a valuation of $8.3 billion, bringing total funding raised to date to just over $550 million and placing Tipalti among the most valuable private fintech companies in the world. Tipalti plans to use the funding to accelerate its […]
McDonald’s, the nation’s leading fast-food chain, is launching 12 days of free food deals starting Monday with Mariah Carey. Customers can get a free Big Mac Monday with any purchase of $1 when using the McDonald’s App. Mariah Carey is one of the best-selling musicians of all time and known for her holiday hit “All […]
SAN FRANCISCO — Cerebral Inc., an online mental health company, has closed a large $300 million Series C round led by the SoftBank Vision Fund 2. The round also included participation from new and existing investors, including Prysm Capital, Access Industries, WestCap Group, and ARTIS Ventures. Having launched less than two years ago, this round […]
SAN JOSE — Adobe has released the latest online inflation data for the month of November 2021. Online prices hit a record high at a 3.5% year-over-year (YoY) increase while prices are down 2% month-over-month (MoM) due to holiday discounts. This is the highest YoY increase since Adobe first began tracking the digital economy in 2014, […]
Three years after starring in the Netflix hit Bird Box, Sandra Bullock is back on the world’s leading streaming service in a very different kind of survival story. In the new film The Unforgivable debuting December 10, Bullock plays a woman who is released from prison after serving a sentence for a violent crime and must […]
REDWOOD CITY – Enterprise AI software company C3.ai, Inc. has been awarded a new five-year Production-Other Transaction Agreement with the U.S. Department of Defense (DoD). The agreement allows for an accelerated timeline to acquire C3 AI’s suite of Enterprise AI products and allows any DoD agency to acquire C3 AI products and services for modelling […]
Shares in Apple continued to hit record highs and closed at $179.45 on Friday, up $4.89. The Cupertino company is now worth $2.94 trillion and closing in on the magical $3 trillion number. No company has ever traded at a value over $3 trillion and Apple could be the first one in history. If shares […]
SAN FRANCISCO — Connect The Dots, a network intelligence platform that uses AI to map and manage career-long professional relationships, has connected with a $15 million Series A funding round led by Norwest Venture Partners, with participation from existing investors Cloud Apps Capital Partners and Velvet Sea Ventures. This round brings Connect The Dots’ total funding to […]
SOUTH SAN FRANCISCO — Freenome, a privately held biotech company, has landed a Series D funding of $300 million. This brings the company’s total financing to over $800 million since the company was founded in 2014. This round was led by Perceptive Advisors and RA Capital Management, joined by existing investors including a16z Life Sciences Growth Fund, the […]
SAN FRANCISCO — The EVERY Company (formerly Clara Foods), developer of animal-free protein, has closed $175 million in Series C financing. The round was co-led by new investor, McWin, and existing investor, Rage Capital. Other new and existing investors joined the round including Temasek, Grosvenor’s Wheatsheaf Group, and TO Ventures. Prosus Ventures also contributed to the […]
SAN FRANCISCO – Hummingbird RegTech, a provider of risk and compliance technology, announced the company has raised $30 million in Series B funding. The raise brings the company’s total funding to $41.8 million, and comes on the heels of Hummingbirds $8.2 million Series A in 2020. Hummingbird is designed to enhance anti-money laundering and counter-terrorist financing investigations. […]
SAN FRANCISCO – Heap, a digital insights platform, has closed $110 million Series D round at a $960 million valuation. The funding will be used to scale Heap’s global operations and accelerate research and development of the industry’s most advanced digital analytics platform for product builders, growth marketers, and fast-moving analytics teams. Sixth Street Growth […]