News about Silicon Valley business almost everyday.
SAN FRANCISCO — Bounce, a luggage storage service, has raised $2 million led by General Catalyst to expand into all 50 states and into 20 additional countries worldwide. Now, travelers everywhere can store their luggage through Bounce in virtually every city in the United States and many more in Europe, Asia, Oceania and Africa as […]
Actor Dwayne Johnson, also known as The Rock, has been chosen as America’s top celebrity dream workout partner in a survey by Life Time fitness centers. The response is one of several from Life Time’s annual survey of nearly 1,000 people across the country to determine trends, fun insights, and habits in the health and […]
LG Display, the South Korean maker of display technologies, has unveiled its newest OLED TV technology ‘OLED EX’. The next-generation OLED EX display implements LG Display’s deuterium and personalized algorithm-based ‘EX Technology,’ which helps boost the display’s overall picture quality by enhancing brightness up to 30 percent compared to conventional OLED displays. The OLED EX […]
Apple Original Films last week hosted the Los Angeles premiere of the highly anticipated film “The Tragedy of Macbeth,” written and directed by four-time Academy Award winner Joel Coen, and starring two-time Academy Award winner Denzel Washington and four-time Academy Award winner Frances McDormand. “The Tragedy of Macbeth” was released in select theaters by A24 […]
SAN FRANCISCO — Focal Systems, a provider of retail automation technology, has closed a $25.8 million Series B financing round, led by Point72 Ventures, and joined by existing investors Costanoa, Zetta, and Zebra Technologies, among others. The company says it will use the new funds to continue its rapid growth and innovation with their AI-powered retail automation solutions, as […]
The founders of Hashicorp, a cloud platform for businesses that went public earlier this month, are collectively worth $3.3 billion. Shares in Hashicorp were up 8.6% Monday to close at $97.60. The company went public at $80 per share on December 8. Co-founder Mitchell Hashimoto holds 15,127,104 shares in the company worth $1.47 billion. Co-founder […]
SAN FRANCISCO — Sigma Computing, a provider of cloud analytics and business intelligence (BI), has raised $300 million in Series C financing. D1 Capital Partners and XN co-led the round with returning investors Sutter Hill Ventures and Altimeter Capital, and an investment from Snowflake Ventures. Sigma Computing has now raised $381.3 million to help business and technical users […]
Six tech companies were added to the Nasdaq-100 Index (Nasdaq: NDX) last week in an annual reconstitution of the index. The following six companies were added to the Nasdaq 100: Airbnb, Inc. (Nasdaq: ABNB), Fortinet, Inc. (Nasdaq: FTNT), Palo Alto Networks, Inc. (Nasdaq: PANW), Lucid Group, Inc. (Nasdaq: LCID), Zscaler, Inc. (Nasdaq: ZS), Datadog, Inc. […]
SAN FRANCISCO — Dialpad Inc., which operates an AI-powered cloud communications and collaboration platform, has raised $170 million in funding. The funding valued the company at $2.2 billion. To date, Dialpad has raised $418 million in capital. ICONIQ Capital leads the funding round which includes participation from Amasia, GV, OMERS Growth Equity, Work-Bench, Section 32, […]
SAN FRANCISCO — Retool says it has raised $20 million Series C from existing investors: Sequoia Capital, Elad Gil, Nat Friedman, Daniel Gross, and John and Patrick Collison. These investors also led the company’s Series A and Series B rounds. Retool helps companies connect their apps and databases to build their own tools in minutes. […]
SAN FRANCISCO — Univfy, a provider of artificial intelligence (AI) and machine learning (ML) to personalize counseling and increase access to fertility care, has raised $6 million of its Series B funding round led by a portfolio company of Atlantic Street Capital. Known by fertility specialists and patients for its flagship Univfy PreIVF Report, Univfy has commercialized a […]
SAN FRANCISCO – Airtable, which operates a connected apps platform that helps companies modernize their business processes, has raised a massive $735 million Series F round. The new funding brings Airtable’s total investment to date to $1.36 billion and values the company at $11 billion (pre-money). This Series F round includes participation from: XN, which […]