SAN FRANCISCO — Render, which operates a Zero DevOps Cloud Platform, has closed its $20 million Series A investment round led by Addition, with participation from existing investors General Catalyst and the South Park Commons. This brings Render’s total funding to $26.75 million. Render offers a Zero DevOps Cloud Platform to developers and companies like Anker, Cypress.io, and Clearbit, helping […]
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$500 Million Funding is Possible for Impossible Foods
REDWOOD CITY — Plant-based food maker Impossible Foods has secured $500 million in its latest funding round, led by existing investor Mirae Asset Global Investments with participation from other existing investors. Impossible Foods is now the fastest-growing plant-based meat company in retail, outpacing the next 10 leading plant-based meat companies combined, according to custom IRI […]
Salvation Army Kicks Off Holiday Campaign at Dallas Cowboys Game
The Salvation Army’s 131st annual Red Kettle Campaign launches the season of giving on Thanksgiving and is calling on a generous public to help ensure hope marches on for millions of Americans continuing to combat the impacts of pandemic poverty. The holiday fundraising campaign will ramp up at AT&T Stadium this afternoon with a special […]
NASA Launches DART Spacecraft to Hit Asteroid
NASA’s Double Asteroid Redirection Test (DART), the world’s first full-scale mission to test technology for defending Earth against potential asteroid or comet hazards, launched Wednesday at 1:21 a.m. EST on a SpaceX Falcon 9 rocket from Space Launch Complex 4 East at Vandenberg Space Force Base in California. Just one part of NASA’s larger planetary […]
Uber Introduces Uber One Membership
Uber, the leading ride-sharing service and the second-largest food delivery service, has introduced a membership program called Uber One. Priced at $9.99 per month or $99.99 per year, customers can get discounts on both rides and food delivery. The program is similar in price to Dashpass on Doordash except Uber is offering discounts on both […]
Kettle Cooks Up $25 Million Series A
SAN FRANCISCO — Kettle, a reinsurance startup that uses advanced deep learning to better protect people from the growing risks associated with climate change, has raised a $25 million Series A funding round led by Acrew Capital, with participation from Homebrew, True Ventures, Anthemis, Valor, DCVC, and LowerCarbon Capital. Kettle is bringing advanced technology to the $400 billion-a-year reinsurance […]
Deliverr Scoops Up $250 Million Round
SAN FRANCISCO — Deliverr, an e-commerce fulfillment and technology company that provides fast and affordable fulfillment services to e-commerce merchants on marketplace platforms like Shopify, Walmart, Amazon, eBay, Target, and others, has raised $250 million in a Series E fundraising round led by new investor Tiger Global. Existing investors, 8VC, Activant, GLP, Brookfield Technology Partners, […]
Game Maker Niantic Scores $300 Million Funding From Coatue
SAN FRANCISCO — Niantic Inc., a game maker best known for Pokemon Go and developer of the world’s first and only planet-scale AR platform, announced that Coatue has made a $300 million investment in the company at a valuation of $9 billion. Niantic will use the funds to invest in current games and new apps, […]
Doordash Dasher App Suffers Outage
Doordash, the nation’s leading food delivery service, experienced problems with its Dasher app for drivers Wednesday evening. The Dasher app had problems for nearly two hours with drivers (also known as dashers) unable to access or receive orders. The problems happened after 5 pm Eastern Time but seemed to have been resolved a few hours […]
Apple Sues Israeli Spyware Company
CUPERTINO — Apple has filed a lawsuit against Israeli spyware company NSO Group and its parent company to hold it accountable for the surveillance and targeting of Apple users. The complaint provides new information on how NSO Group infected victims’ devices with its Pegasus spyware. To prevent further abuse and harm to its users, Apple […]
Tiger Global, Sequoia Lead $15 Million Series A in Cortex
SAN FRANCISCO — Cortex announced it has raised $15 million in Series A funding co-led by Tiger Global and Sequoia Capital. The funding round also includes technology investors, founders, and business leaders participating, including Silicon Valley angel, Gokul Rajaram; co-founder and CEO of Front, Mathilde Collin; and CEO of Snyk, Peter McKay. Cortex’s service catalog is the […]
FTV Capital Leads $130 Million Series C in Luma Health
SAN FRANCISCO — Luma Health, a leading patient engagement platform, has announced a $130 million Series C funding round led by FTV Capital, a sector-focused growth equity investment firm, with participation from existing investors. This latest round brings Luma Health’s total funding raised to $160 million. Luna Health reports 2x growth year over year since the company’s […]