News about Silicon Valley business almost everyday.
SAN FRANCISCO — SafeBase, Inc.,a company that helps B2B SaaS companies close enterprise deals faster by streamlining the security assessment process, announced today that it has raised $18 million in a Series A round led by global venture capital firm, New Enterprise Associates (NEA), with participation from Y Combinator and Comcast Ventures, the corporate venture capital arm of […]
BERKELEY — Once Upon a Farm, makers of organic snacks and meals for kids of all ages, has closed $52 million in Series D funding. The investment was led by CAVU Venture Partners, along with existing investors S2G Ventures, Cambridge, and Beechwood. The company was founded by John Foraker, actress Jennifer Garner and Cassandra Curtis. The new […]
Amazon, the leading online retailer and cloud service, says its Board of Directors has approved a 20-for-1 split of the Company’s common stock. Shares in Amazon stock closed Wednesday at $2,785.58 per share, up $65.29. The stock was trading 6% higher after hours when news of the split was released in a filing with the […]
BERKELEY — Ponder, a data science startup born out of UC Berkeley, announced $7 million in seed funding to develop scalable, enterprise-ready and easy-to-use machine learning and analytics tools. Lightspeed Venture Partners led the round with Intel Capital, 8VC, and The House Fund participating. Today, organizations are pouring time and money into data science initiatives, only to […]
FREMONT — Pony.ai, a global autonomous driving technology company with offices in Fremont and China, has completed its first close of its Series D financing. The company did not reveal the amount of its Series D round, which said has a significant valuation uplift from the 2020 “C” and “C+” rounds and values the company […]
America’s leading app-based delivery platforms, representing more than 52 million workers nationwide, have joined together to form Flex, a new industry association that will serve as the voice of the app-based economy. Founding member companies include DoorDash, Gopuff, Grubhub, HopSkipDrive, Instacart, Lyft, Shipt, and Uber. The association will lobby for the delivery industry on a range […]
CUPERTINO — Apple has an unveiled a new iPhone SE, a 5G phone with a budget price of $429. iPhone SE comes in a compact and durable design, and together with iOS 15, delivers a seamless user experience. The new iPhone SE features impressive upgrades including the performance of A15 Bionic, which powers advanced camera […]
CUPERTINO — Apple has signed a deal with Major League Baseball (MLB) to air its first professional sporting events on Apple TV+. “Friday Night Baseball” will be a weekly doubleheader with live pre- and postgame shows that will be available to fans in eight countries exclusively on Apple TV+ as soon as the regular season […]
SAN FRANCISCO — Legal.io, an enterprise marketplace for legal talent and technology, has raised an $11.6 million Series-A round led by Tiger Global. Legal.io is used by companies such as Medallia, Nextdoor and Zoom Video Communications Inc. to hire top legal talent. By creating a Legal.io profile, legal professionals can get matched to roles that fit their specific expertise and […]
Serena Ventures, the venture capital firm founded by tennis superstar Serena Williams, has raised an inaugural $111 million fund. The general partners of the firm are Serena Williams and Alison Rapaport Stillman, who has worked at J.P. Morgan, Wasserman, and Melo7 Tech Ventures. Through nine years of angel investing, the firm says it has 13 […]
SUNNYVALE — Plug and Play has selected over 70 startups to participate in their first Silicon Valley programs of the year. These programs will run through May and are focused on the following industries: Brand & Retail, Food & Beverage, Media & Advertising, New Materials & Packaging, and Supply Chain. Out of the selected startups, 60% are based outside of the U.S. and […]
SAN FRANCISCO — Disco (formerly known as co-op commerce), is getting down with a $20 million Series A funding round led by Felicis Ventures with participation from Shopify, Sugar Capital, Bessemer Venture Partners, Indicator Ventures, RiverPark Ventures, and several others, including Ankur Nagpal’s Vibe Capital, Packy McCormick’s Not Boring Fund, and a other direct-to-consumer (DTC) founders and operators. […]