Venture Capital

Coefficient Raises $6.7 Million Seed Funding

MOUNTAIN VIEW — Coefficient, a developer of a no-code solution enabling business teams to work with real-time data directly from spreadsheets, has raised $6.7 million in seed funding led by Foundation Capital with participation from S28 Capital and angel investors, notably including Eric Yuan, CEO of Zoom, and Kedar Doshi, EVP, Salesforce Einstein Analytics. Coefficient is building the next […]

Venture Capital

Pipefy Completes $75 Million Series C

SAN FRANCISCO — Pipefy, developer of a low-code workflow management software platform that transforms the way teams work, announced completion of $75 million in Series C funding, bringing its total funding to date to $138.7 million. Led by $50 million from SoftBank Latin American Fund, with additional participation from Steadfast Capital Management, Insight Partners, Redpoint eventures and others. Pipefy’s new capital will […]

Venture Capital

Stride Health Scoops Up $47 Million Series C

SAN FRANCISCO — Stride Health, a provider of portable benefits for independent workers, has raised a $47 million Series C round, bringing its total funding to $96 million. The round was led by King River Capital with participation from Mastercard and Allstate along with existing investors Venrock, NEA, Fidelity’s F-Prime Capital, and Moderne Ventures. The […]

Venture Capital

Citcon Closes $30 Million Series C

SAN JOSE — Citcon, a mobile wallet payment provider that connects businesses worldwide, has received $30 million in Series C financing led by Norwest Venture Partners and Cota Capital. Sierra Ventures and Sonae IM also joined the round. The new funding will support the hiring of additional staff and global expansion that builds on the […]

Venture Capital

GrubMarket Gobbles Up $145 Million

SAN FRANCISCO — GrubMarket, a San Francisco-based food technology company, has raised $145 million in a heavily oversubscribed Series E funding round from funds and accounts managed by BlackRock, Liberty Street Funds, Japan Post Capital, Walleye Capital, Celtic House Asia Partners, INP Capital, Pegasus Tech Ventures, RIVC and Gaingels, among participants. This round values GrubMarket at over […]

News

Hertz to Buy 100,000 Teslas, Hires Tom Brady

Car rental company Hertz is announcing a significant investment to offer the largest Electric Vehicle (EV) rental fleet in North America and one of the largest in the world. This includes an initial order of 100,000 Teslas by the end of 2022 and new EV charging infrastructure across the company’s global operations. As interest in electric […]

Venture Capital

Wonolo Bulks Up With $138 Million Round

SAN FRANCISCO — Wonolo, an online platform that’s trying to disrupt the temporary staffing industry, has raised a $138 million growth round, led by Leeds Illuminate with participation from 137 Ventures and G2 Venture Partners. Franklin Templeton also came in on the round. This latest round brings Wonolo’s total venture funding to over $200 million. “As labor shortages continue, workers […]

Venture Capital

Carlyle Group Invests Up to $430 Million in Saama

CAMPBELL — Saama Technologies, Inc. announced funds led by global investment firm Carlyle have made a strategic growth investment and will acquire a majority stake in the Company. A broad co-investor group with several healthcare-focused venture funds, including Amgen Ventures, Intermountain Ventures, Merck Global Health Innovation Fund (“Merck GHI”), McKesson Ventures, Northpond Ventures, Pfizer Ventures, […]

Venture Capital

Picus Security Closes $24 Million Series B

SAN FRANCISCO and ANKARA, TURKEY — Picus Security, the pioneer of Breach and Attack Simulation (BAS) technology, announced the completion of its $24 million Series B funding round. The investment is led by Turkven with participation from existing investor, Earlybird Venture Capital, as well as cyber security veteran, Nathan Dornbrook. The round brings Picus’ total funding to $33 million and will be used […]

News

Zoom CEO to be Honored With Spirit of Silicon Valley Award

SAN JOSÉ — The Silicon Valley Leadership Group (SVLG) announced that Eric Yuan, Founder and CEO of Zoom Video Communications, Inc., and regional healthcare workers will be recognized with Spirit of Silicon Valley Lifetime Achievement Awards during SVLG’s Annual Forum event on October, 29, 2021. The event will be held virtually on (where else?) Zoom […]