Venture Capital

California Cowboy Scores $2 Million Seed Round

SAN FRANCISCO — California Cowboy, a new apparel brand that created the concept of ‘social-technical apparel,’ has closed a $2 million seed funding round led by venn growth partners. California Cowboy has created a new line of clothing designed to inspire after-sport social interaction, with the belief that neither fashion nor technology are doing for us what they […]

Venture Capital

Varo Bank Closes Gigantic $510 Million Round

SAN FRANCISCO — Varo Bank, N.A., the first all-digital, nationally chartered bank in the US, has closed a massive $510 million oversubscribed funding round.  The round was led by new investor Lone Pine Capital, who was joined by dozens of new investors including Declaration Partners, Eldridge, Marshall Wace, Berkshire Partners / Stockbridge, and funds and accounts managed […]

Venture Capital

StreamNative Lands $23 Million Series A

SAN FRANCISCO — StreamNative, a unified messaging and streaming platform founded by the original developers of Apache Pulsar, has raised $23 million in its Series-A round led by Prosperity7 Ventures, the diversified growth fund of Aramco Ventures, and followed by their seed investors. The company provides a platform to enable companies to manage the entire […]

Venture Capital

Softbank Leads $125 Million Round in Pacaso

SAN FRANCISCO — Pacaso, a real estate service that helps people buy and co-own a second home, announced $125 million in Series C funding led by SoftBank Vision Fund 2, bringing the company’s valuation to $1.5 billion and total equity funding to more than $215 million. Additional funding was provided by Fifth Wall and Gaingels. The round also included participation […]

Venture Capital

LevaData Locates $47 Million Series C

SAN JOSE — LevaData, a supply management software company that delivers an integrated artificial intelligence (AI) platform to transform direct material sourcing and accelerate new product development, announced it raised $47 million in Series C funding. This strategic investment, led by Banneker Partners with participation from its pre-existing investor, Tola Capital, comes after the company […]

Venture Capital

Andreessen Horowitz Leads $300 Million Round in SpotOn

SAN FRANCISCO — SpotOn, a software and payments company with solutions for restaurants and retail businesses, has landed $300 million in Series E funding, raising its valuation to $3.15 billion. The funding will be used to acquire Appetize, an LA-based digital and mobile commerce platform for enterprise businesses, such as sports and entertainment venues, theme […]

News

Palo Alto Networks Launches Cybersecurity Device for Home Users

SANTA CLARA — Cybersecurity firm Palo Alto Networks has unveiled Okyo Garde, an enterprise-grade cybersecurity solution delivered through a premium mesh-enabled Wi-Fi 6 system. The device will provide security to home-based workers and small businesses where the workplace is as likely to be a kitchen table or spare bedroom as an office cubicle. Okyo Garde combines […]

Venture Capital

AV8 Ventures Launches $180 Million Fund Backed by Allianz

PALO ALTO –  AV8 Ventures has launched its second fund with $180 million backed by German financial services giant Allianz. AV8 is an early-stage investor that funds entrepreneurs who are commercializing emerging technologies in AI-driven health, mobility and enterprise. AV8 Ventures has invested in 20 companies with a focus on the US since its launch […]

Venture Capital

Everyday Labs Reels in $8 Million Series A

REDWOOD CITY — EveryDay Labs, which works with thousands of schools to boost attendance rates through behavioral science, announced an $8 million Series A round of financing led by Rethink Impact, the largest U.S.-based impact venture capital fund investing in female leaders using technology to generate social impact. The round also includes participation from Reach Capital, […]