Marriott Hotel Given OK by San Jose City Council

SAN JOSE — Urban Catalyst, Silicon Valley’s premier Opportunity Zone Fund, announced that the San Jose City Council gave the go-ahead Tuesday to build an extended-stay Marriott in San Jose’s Downtown West, just a short walk from Google’s planned mega-campus. The council’s blessing gives Urban Catalyst the green light to move forward with its Keystone […]

Venture Capital

Trove Secures $77.5 Million Series D

BRISBANE — Trove, which operates a resale platform for top chains including lululemon, Patagonia, REI, Nordstrom, Levi’s, Eileen Fisher, Arc’teryx and other leading brands, has closed a $77.5 million Series D funding round led by G2 Venture Partners, bringing Trove’s total funding to date to $122.5 million. Other participants in the round included Bank of […]

Venture Capital

Bungalow Reels In $75 Million Series C

SAN FRANCISCO — Bungalow, a fast growing marketplace for roommate living in the United States, has raised $75 million in Series C funding, led by Deer Park Road, with participation from existing investors including, Atomic, Founders Fund, Coatue and Khosla Ventures, bringing the company’s total funding to date to over $150 million. Serving 3000+ residents […]

Venture Capital

Split Scoops Up $50 Million Series D

REDWOOD CITY — Split, a feature delivery and experimentation platform, has scooped up $50 million in Series D funding led by Owl Rock, a division of Blue Owl Capital, with participation from Northgate Capital and existing investors including Accel, Lightspeed Venture Partners, Harmony Partners, Microsoft’s venture capital fund M12, Atlassian Ventures, and ServiceNow. This latest […]

Venture Capital

Kleiner Perkins, Tiger Global Lead $36.7 Million Round in Rapid Robotics

SAN FRANCISCO — Rapid Robotics, creator of the first ready-to-work robotic machine operator, has raised $36.7 million in Series B funding led by Kleiner Perkins and Tiger Global, with existing investors NEA, Greycroft, Bee Partners and 468 Capital also participating. The latest round is Rapid’s third in less than a year, bringing its total funding to […]

Venture Capital

Kairos Aerospace Nabs Cool $26 Million Series C-1

MOUNTAIN VIEW — Kairos Aerospace, a company that finds oilfield methane leaks and emissions, has closed a $26 million Series C-1 funding round, led by DCVC. Returning investors OGCI Climate Investments, John Crane, a Smith Group company, and Energy Innovation Capital (EIC) also participated. Using cutting-edge methane detection algorithms and proprietary sensor hardware, Kairos’ industry […]

Adobe News

Adobe Snaps Up for $1.275 Billion

SAN JOSE — Adobe announced it will acquire, a NY cloud-based video collaboration platform for $1.275 billion. With over a million users across media and entertainment companies, agencies, and global brands, streamlines the video production process by enabling video editors and key project stakeholders to seamlessly collaborate using cloud-first workflows. The combination of […]

Venture Capital

Metabase Scores $30 Million Series B

SAN FRANCISCO — Metabase, an open source platform for sharing data and analytics across any business enterprise, has completed a $30 million Series B funding round, bringing total invested capital to $42.5 million. The investment was led by Insight Partners, with participation by Expa and NEA. Metabase allows users to quickly discover and share insights across their enterprise by […]

Venture Capital

Monte Carlo Secures $60 Million Series C

SAN FRANCISCO — Monte Carlo, a company specializing in data reliability , has raised $60 milliion in Series C funding from ICONIQ Growth with participation from Salesforce Ventures and existing investors Accel, GGV Capital, and Redpoint Ventures – bringing total funding to date at $101 million. With this round, Monte Carlo plans to further develop […]