Articles Venture Funding

Tonal Raises $45 Million From L Catterton, Serena Williams

SAN FRANCISCO — Tonal, which sells a fitness system with video screen you can attach to your wall, has raised a $45 million Series C fundraising round led by the Growth Fund of private equity firm L Catterton. Also participating were new investors Evolution Media and support from existing investors Shasta Ventures, Mayfield, Sapphire Ventures, and tennis star Serena […]

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Adobe Adds New Updates to Document Cloud

SAN JOSE — Adobe has introduced major advancements in Adobe Document Cloud to transform what’s possible with PDF files. With more than 200 billion PDFs opened in Adobe products last year alone, the company says PDFs have become the currency of modern work, communicating information from contracts, textbooks, financial statements and creative designs to everything […]

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Fandango Sells 30% of Black Panther Tickets

  Movie info site Fandango says it sold more than 30% of the U.S. four-day weekend box office dollars for “Black Panther,” marking one of Fandango’s largest shares of opening weekend for any movie in the company’s 18-year history. Fandango’s “Black Panther” sales helped break several ticketing records, becoming the company’s: Top superhero opening weekend […]

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Halo Neuroscience Raises $13 Million Series B

  SAN FRANCISCO — Halo Neuroscience, creators of Halo Sport, a neurostimulation headset that accelerates the acquisition of muscle memory from athletic training, has secured $13M in Series B funding. The investment was led by TPG with additional funding from existing investors Lux Capital, JAZZ Venture Partners, and Xfund. Halo Neuroscience was founded in 2013 and […]

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Microsoft to Remodel Silicon Valley Campus

  Microsoft is building a new Silicon Valley Campus, a 643,000-square-foot modernization of its 32-acre Mountain View location. Microsoft employs more than 2,000 employees in the Bay Area, working on XBox, Powerpoint, Outlook.com and other projects. The company said it will take two years to complete the modernization and will be ready for occupancy in […]

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Americans Love Pumpkin Pie on Thanksgiving

  When it comes to Thanksgiving pies, Americans are staunch traditionalists, according to the annual Delta Dental Thanksgiving pie survey just released. The survey has been tracking America’s sweet tooth during Thanksgiving for the last three years. Pumpkin pie reigns supreme once again, with 36 percent of American adults saying it’s their favorite (beating out the next pie in […]

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Amitree Lands $7 Million

  SAN FRANCISCO – Amitree, the makers of Folio, an intelligent assistant for real estate transactions, have announced a $7.128 million Series A funding round. The round was led by Vertical Venture Partners, with participation from existing investors, including Accel Partners. Tom Gonser, founder of DocuSign and partner at Seven Peaks Ventures also participated in the […]

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HP Unveils New Point-of-Sale System

  PALO ALTO – HP Inc. has unveiled a new all-in-one point-of-sale (POS) system, the HP ElitePOS, targeted toward the retail industry. The company is working with leading retail and hospitality customers and partners to reimagine how technology can transform the in-store experience for customers. With e-commerce influencing consumers’ shopping experiences, brick and mortar retailers must ensure sales […]

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Kepler Books Forms New Nonprofit Organization

  MENLO PARK — Kepler’s Books in Menlo Park has announced the formation of Kepler’s Literary Foundation (KLF), a new, independent nonprofit organization dedicated to promoting Kepler’s position as the premier producer of literary and cultural programs in Silicon Valley. KLF was created as part of the community’s Kepler’s 2020 Project, whose goal is to reimagine Kepler’s and […]

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Howard University Opens Campus at Google HQ

  Google is hoping to hire more diverse engineers by forming a partnership with Howard University to open a campus at the company’s headquarters. Howard is a Historically Black University located in Washington, DC. The new program offers a residency for Black Computer Science majors right at the Googleplex. “Howard West” is now the centerpiece […]

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Home Depot Hiring 80,000 Employees for Spring

  Home Depot, the nation’s largest home-improvement chain, plans to hire 80,000 workers for the upcoming spring season. The number is the same as the company hired last year. Opportunities are available at The Home Depot’s nearly 2,000 U.S. stores, as well as 75 distribution facilities. They include customer service and sales, lot associates, freight […]

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Google Home Partners With First Alert

  Google has partnered with Illinois-based First Alert to enable Onelink by First Alert products to work with the Google Home device and its hands-free, voice-controlled Google Assistant technology. The first such Onelink product – a smart Wi-Fi Thermostat – launches this month. “First Alert brings expertise in home safety and security to this partnership,” said […]

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San Jose Apartment Complex Sold for $95.5 Million

  SAN JOSE — The Grove, a 331-unit apartment complex built in 1970 in San Jose, has sold for $95.5 million. The property was sold by Kennedy Wilson Multifamily to TH Real Estate, an operating division of TIAA Global Asset Management. Marcus & Millichap’s Institutional Property Advisors (IPA) division helped close the sale. “The investment appeal of this […]

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Logitech Rolls Out Prodigy Series

  NEWARK, CA — Logitech has introduced the Prodigy series, a new family of gaming gear that includes two mice, a keyboard and a headset. All share the same attributes of high-performance technology, exceptional comfort, and a sleek and modern design. “We love building products for hardcore gamers, and we’ll never give that up,” said […]

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Merck Buys Afferent Pharmaceuticals

  KENILWORTH, N.J. & SAN MATEO, CA — Merck (MRK), known as MSD outside the United States and Canada, has signed an agreement to acquire privately held Afferent Pharmaceuticals for up to $750 million. Afferent Pharmaceuticals is a leader in the development of therapeutic candidates targeting the P2X3 receptor for the treatment of common, poorly-managed, […]

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Cyara Closes $25 Million Series A

  REDWOOD CITY — Cyara Solutions Corp., a provider of a testing and monitoring platform for businesses, has secured $25 million in Series A funding in a round led by PeakSpan Capital and Greenspring Associates. Cyara has headquarters in Australia with North American office in San Francisco. The company will use the funds to scale […]

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Pandora Founder Taking Over as CEO

OAKLAND —  Music site Pandora announced its board has appointed founder Tim Westergren as CEO effecitve immediately. Tim helped lead the development of Pandora’s Music Genome Project in the early 2000s. He has been deeply involved throughout Pandora’s history and company’s growth strategy and evolution. “I am incredibly excited about the future of Pandora. We’re […]

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Hotel Zeppelin Opens in SF

SAN FRANCISCO — In a city best known for its transformative spirit and colorful counter-culture, one hotel is looking to shake things up with its bold and decidedly unconventional approach to hospitality—enter Hotel Zeppelin San Francisco. Located just two blocks from San Francisco’s Union Square, and within walking distance to FiDi, Viceroy Hotel Group’s newest property […]