News about Silicon Valley business almost everyday.
SAN FRANCISCO — Parkade, a technology platform for managing private parking, has raised a $10 million Series A from real estate and “proptech” industry venture-capital firms to transform parking management for owners, managers, and investors. The funding round was led by a trio of real estate and proptech investors: Navitas Capital, MassMutual Ventures, and 9Yards […]
SAN FRANCISCO & PHILADELPHIA — Biopharmaceutical companies routinely cure diseases in animals during preclinical testing, yet those same therapies fail in human clinical trials nearly 95% of the time. By shifting from animals to an exclusively human optimization preclinical process, Vivodyne has raised $40 million in new Series A financing to scale its robotics+AI approach to testing on thousands […]
PALO ALTO — Four Seasons Hotel Silicon Valley is celebrating the summer with the unveiling of a rooftop pool renovation, reimagined design in the Presidential Suite and Luxury Suites, and myriad experiences that embody the San Francisco Peninsula and California’s summer spirit, including complimentary use of one of America’s most advanced electric vehicles, the Lucid Air. “Silicon Valley is so […]
SAN FRANCISCO — ClickHouse, Inc., a provider of real-time analytics, data warehousing, observability, and AI/ML, has raised $350 million in Series C financing. The round was led by Khosla Ventures, with participation from new investors BOND, IVP, Battery Ventures, and Bessemer Venture Partners, as well as existing investors including Index Ventures, Lightspeed, GIC, Benchmark, Coatue, […]
Fremont Police arrested a burglary suspect who was captured with the aid of a drone and K-9 unit. On May 19, 2025, at approximately 7:22 p.m., Fremont PD Officers responded to the report of a residential burglary in progress on the 38000 block of Fremont Boulevard. A witness observed a male subject break into a […]
REDWOOD CITY — Neuron Factory, an AI startup dedicated to revolutionizing the construction industry through cutting-edge AI software, announced a $6 million seed funding round and a strategic partnership with Cordeel Group, one of Europe’s premier one-stop partners for the complete construction process. Neuron Factory’s AI coworker platform is powered by a proprietary enterprise task graph—a […]
SAN JOSE, CA – The U.S. Department of Labor has recovered more than $1.4 million in back wages for more than 2,600 employees after finding a large, San Jose-based electrical engineering and construction company failed to pay them proper overtime rates, a violation of the Fair Labor Standards Act. Investigators with the department’s Wage and Hour Division determined Cupertino […]
The Fremont Chamber of Commerce is holding the 2025 Fremont Burger & Brew Fest on Saturday, May 31, 2025 from 11 am to 5 pm. The event will be held in Downtown Fremont at the Downtown Event Center Plaza and Capitol Ave. from Liberty St. to State St. Tickets start at $45. The Burger & […]
Apple announced its App Store ecosystem in the U.S. facilitated $406 billion in developer billings and sales in 2024, according to a study conducted by Professor Andrey Fradkin from Boston University Questrom School of Business and economist Dr. Jessica Burley from Analysis Group. Importantly, for more than 90 percent of the billings and sales facilitated by […]
A San Jose fire captain has been charged for stealing narcotics meant to help emergency patients Mark Moalem, 45, of Gilroy, is alleged to have tampered with and taken vials of morphine and midazolam from the San Jose Fire Department. The 22-year veteran of the Fire Department is charged with stealing narcotic painkillers and sedatives […]
SANTA CRUZ — Joby Aviation, Inc., a company developing electric air taxis for commercial passenger service, announced the successful closing of the first $250 million tranche of a previously announced strategic investment from Toyota Motor Corporation. The funding marks a significant milestone in strengthening the long-term collaboration between the two companies and supports their shared […]
PALO ALTO — DataHub, by Acryl Data, a leading open source metadata platform, has raised $35 million in Series B funding led by Bessemer Venture Partners. This latest round brings the company’s total funding to $65 million, enabling accelerated development of its context management platform that provides discovery, observability, and control across data, AI models, and AI […]