SAN FRANCISCO — Vesta, a mortgage loan origination system software-as-a-service (SaaS) company, has raised a $30 million Series A investment led by Andreessen Horowitz with participation from new investor Zigg Capital. Seed investors Conversion Capital and Bain Capital Ventures also funded the round, bringing the company’s total raised since November 2020 to $35 million. The round will help accelerate efforts to […]
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Transcarent Scores $200 Million Series C
PALO ALTO — Transcarent, a healthcare company for employees of self-insured employers and their families, has scored a $200 million Series C investment led by Kinnevik and Human Capital, with participation from Ally Bridge Group and leading health systems including Northwell Health, Intermountain Healthcare, and Rush University Medical Center. The funding round also included participation […]
Cheetah Captures $60 Million
PLEASANTON — Cheetah, a technology supply chain company operating a wholesale food and restaurant supplies marketplace, has closed a Series C Round of financing totaling $60 million co-led by Manna Tree and Sator Grove Holdings. They were joined by Lineage Logistics, Grupo Nutresa, Eclipse Ventures, and Hanaco Growth Ventures. The interest in this growth round […]
Ironclad Raises $150 Million Series E
SAN FRANCISCO — Ironclad, a digital contracting platform, has raised $150 million in Series E financing, bringing total investment to $333 million. Franklin Templeton, a global investment management firm, is leading the round. The 100% insider round also includes previous investors like BOND, YC Continuity, Emergence, Lux, Haystack, Accel, and Sequoia Capital. Ironclad will use the funding to fuel […]
eBay Offers Authentication Service for Trading Cards
eBay has announced the launch of its Authenticity Guarantee service for trading cards. Now single ungraded trading cards (including collectible card games, sports and non-sports) sold for $750+ in the U.S. will be authenticated. By mid-2022, the service will expand to include graded, autograph and patch cards sold for $250+. With the addition of trading […]
5 Robbers Hit Jewelry Store in San Bruno
For the second time in a week, a jewelry store was hit by robbers at The Shops in Tanforan mall in San Bruno. On Tuesday evening, at 6:52 p.m., San Bruno Police Officers responded to a jewelry store inside the mall on the report of a robbery. Responding Officers learned that a group of five […]
Cana Emerges From Stealth With Molecular Beverage Printer
REDWOOD CITY — After three years of research and development, Cana Technology is emerging from stealth with the world’s first countertop molecular beverage printer to give people any beverage, anytime, with ultra-low waste. Cana was founded by The Production Board (TPB), a holding company established to solve the most fundamental problems that affect our planet. TPB, which […]
Klarity Clears the Air With $18 Million Series A
SAN FRANCISCO — Klarity, an AI platform that turns documents into structured data and frees humans from painful and voluminous document review, has announced $18 million in Series A funding led by Tola Capital with participation from new and existing investors. [Photo above: Klarity founders Ondrej Antos and Nischal Nadhamuni on Y Combinator Demo Day (Summer 2018)/ The company, […]
Smash and Grab Sneaker Store Robber Charged With Theft
A “smash and grab” robber who invaded a high-end sneaker store in Santa Clara multiple times late last year faces prison if convicted of charges filed last week by Santa Clara District Attorney. Gregory Jefferson, 19, was arrested in his Pittsburgh home in January. Inside the home, Santa Clara police found 30 boxes of luxury […]
Boeing Invests $450 Million in Wisk Aero
MOUNTAIN VIEW — Wisk, an Advanced Air Mobility (AAM) company and developer of the first all-electric, self-flying air taxi in the U.S., has secured $450 million in funding from The Boeing Company, one of the world’s top two makers of passenger planes. This investment will help advance the development of Wisk’s 6th generation eVTOL aircraft, a […]
ArmorCode Closes $11 Million Seed Funding
PALO ALTO — ArmorCode, a provider of AppSecOps, has secured an additional $8 million in seed financing led by Cervin Ventures with participation from Sierra Ventures that lead the previous round of funding, Tau Ventures, and several prominent Cybersecurity leaders, including founders of Demisto and RedLock, bringing the total seed round to $11 million. The company will use these new funds to extend […]
Selena Gomez to Judge Doodle for Google Contest
Google is holding its 14th annual Doodle for Google contest for students. The 2022 contest theme is, “I care for myself by…”. Pop star Selena Gomez [photo above] is one of the three judges in the contest. The 2022 Doodle for Google contest is open to students based in the United States, Guam, Puerto Rico […]