News about Silicon Valley business almost everyday.
SANTA CLARA — Ushur, a provider of AI-powered Customer Experience Automation (CXA), has raised a $50 million Series C funding round led by Third Point Ventures with participation from existing investors Iron Pillar, 8VC, Aflac Ventures and Pentland Ventures. Funds from this round will go toward expanding Ushur’s experience automation portfolio, developing new innovations in […]
LOS ALTOS – Rembrand, an AI product placement platform that embeds photo-realistic products into digital videos, has raised an $8 million seed round for the upcoming launch of its beta platform. The round was led by venture capital firms and strategic funds, including Greycroft and UTA.VC. Rembrand enables creators to effortlessly incorporate sponsored products into […]
SAN FRANCISCO — Regie.ai, an AI software-as-a-service (SaaS) platform that streamlines enterprise organizations’ content creation workflows, has closed its A Round with an additional $6 million investment from Khosla Ventures, the early investor behind Open-AI. This extends the company’s Series A funding and brings total funding to date with previous participation by Foundation Capital, Scale Venture Partners and others, to $20.8 million. Faced […]
SAN FRANCISCO – InfluxData, creator of the leading time series platform InfluxDB, has raised $81 million in capital funding, closing a $51 million Series E funding round led by new investors Princeville Capital and Citi Ventures, with participation from existing investors Battery Ventures, Mayfield Fund, Sapphire Ventures, and others, and a $30 million debt facility with […]
SAN JOSE –– Light Field Lab, developers of the SolidLight holographic display platform, has raised a $50 Million Series B led by global game developer NCSOFT. New investors Corning, Gates Frontier, LG Tech Ventures, NCSOFT, and OTOY are joined by additional participation from current shareholders Khosla Ventures, the venture capital arms of Samsung, Verizon, Bosch, HELLA, Liberty Global, and national technology fund Taiwania Capital. LightField Lab also unveiled Defy […]
SAN FRANCISCO — Therma°, a cooling intelligence platform combating food and energy waste, has landed a $19 million Series A funding. The oversubscribed round was led by Zero Infinity Partners, with participation from Deciens Capital, CityRock Venture Partners, Homecoming Capital, Ananta Capital, Kindergarten Ventures, Collaborative Fund, and Govtech Fund. Therma° will deploy the funding to become a scalable electric grid partner by dynamically […]
SAN MATEO — Cloudian announced that it closed $60 million in new funding, bringing the company’s total funding to $233 million. The round includes participation from Digital Alpha, Eight Roads Ventures Japan, INCJ, Intel Capital, Japan Post Investment Corporation, Silicon Valley Bank, Tinshed Asia, Wilson Sonsini Investments, and strategic investors. This latest investment reinforces Cloudian’s […]
SAN FRANCISCO — Akia, operator of a customer experience automation platform, has scored a $6 million Series A funding round. Altos Ventures led the financing with additional participation from GSR Ventures, who led the previous seed round. Since launching in 2019, Akia says it has achieved 3x year-over-year growth, operating primarily in hospitality. The current […]
SAN FRANCISCO — Angle Health, a digital-first, fully-licensed health insurance provider, has landed $58 million in Series A funding led by Portage. Its latest round also included participation from PruVen Capital, Wing Venture Capital, SixThirty Ventures, Mighty Capital, Wormhole Capital, Mindset Ventures, Crew Capital, Aloft VC, and Pilot founder Waseem Daher; and support from existing investors Blumberg Capital, Correlation Ventures, […]
SANTA CLARA – Netskope, a cloud security company, has raised $401 million in an oversubscribed investment round. The financing was led by investment funds managed by Morgan Stanley Tactical Value, with participation from Goldman Sachs Asset Management, Ontario Teachers’ Pension Plan, and CPP Investments. Netskope plans to extend its technology and platform advantages and market reach […]
SAN FRANCISCO — Carbon Health, a healthcare company that combines expert care with proprietary technology for easy everyday health,has received $100 million from CVS Health Ventures, CVS Health’s corporate venture capital platform, as part of an initial close of its Series D round. The funding allows the primary care provider to scale its Connective Care […]
BURLINGAME — Caban Systems, a provider of next-generation renewable energy solutions for critical infrastructure, has raised $51 million to accelerate its global expansion strategy. The Series B round was led by investor BCP Ventures with participation from Ontario Power Generation Pension Fund, Ember Infrastructure, Portfolia, and Inspiration Ventures. Caban delivers end-to-end energy solutions that decarbonize and modernize critical […]