News about Silicon Valley business almost everyday.
PALO ALTO — SAV (Scale Asia Ventures), a Silicon Valley-based venture capital firm, has launched its $30 million inaugural early-stage fund in commitments to support enterprise-focused companies. Beyond early-stage funding, SAV also plans to fuel its portfolios with additional $100 million later-stage funding directly from its deep-pocketed Limited Partner base. Fund backers include institutional funds, […]
SAN FRANCISCO — AppOmni, a provider of SaaS security, has raised $70 million in a Series C funding round to advance product development, fuel international growth, and scale go-to-market processes. The investment was led by Thoma Bravo, a leading software investment firm, with participation from existing investors, including Scale Venture Partners, Salesforce Ventures, ClearSky, and […]
NEWARK – Ultima Genomics emerged from stealth mode with a new high-throughput, low-cost sequencing platform that delivers the $100 genome. Ultima’s goal is to unleash a new era in genomics-driven research and healthcare, and it has secured approximately $600 million in backing from leading investors including General Atlantic, Andreessen Horowitz, D1 Capital, Khosla Ventures, Lightspeed, […]
PALO ALTO — Endpoint Health, Inc., a Precision-First therapeutics company dedicated to addressing unmet needs in immune-mediated acute and chronic diseases, announced the close of $52 million in equity and debt financing. Major institutional investors participating in the Series A round included Mayfield, Humboldt Fund, AME Cloud Ventures, Boom Capital, Alix Ventures, Yaya Capital, Wireframe […]
OAKLAND — 1Sharpe Ventures has announced the close of its inaugural fund at $90 million. 1Sharpe Ventures is a proptech-centric early stage investment vehicle grown out of 1Sharpe Capital, a more than $2.5 billion institutional asset manager with equity real estate investments and a credit fund. The new fund was oversubscribed and marks the 12th […]
SAN FRANCISCO — Canonical Crypto, a newly launched venture fund focused on developer infrastructure on the blockchain, has raised $20 million in capital in an oversubscribed round for its inaugural fund. Leading the firm is founder and general partner Anand Iyer, a longtime Silicon Valley operator and investor, who most recently was a visiting partner at Pear […]
SAN FRANCISCO — LaunchNotes, which provides personalized, automated, and secure way to connect your teams and users to your product development lifecycle, has raised a $15 million Series A round led by Insight Partners, with participation from Atlassian Ventures, The New Normal Fund, Essence VC, and existing investors Cowboy Ventures and Bull City Venture Partners. This […]
SAN FRANCISCO — SpotOn, a software and payment company with comprehensive solutions for restaurants, retail businesses, and enterprise venues, has secured $300 million in Series F funding, raising its valuation to $3.6 billion. The company will use the funding to further develop technology products that enable businesses to meet the evolving needs of today’s consumer. […]
Venture capital firm Andreessen Horowitz continues to go big on cryptocurrency, even though Bitcoin has seen a big drop this year along with the overall stock market. Partner Chris Dixon announced that Andreessen Horowitz has raised a new crypto fund totaling $4.5 billion. Of this amount, $1.5 billion will be dedicated to seed investments, and […]
DENVER — Velocity Global, a of global talent solutions, has raised $400 million in its Series B funding round, increasing the company’s valuation seven-fold since the same time last year. This second round of funding is led by Eldridge and Norwest Venture Partners which join Series A investor FFL Partners on Velocity Global’s board to […]
SAN MATEO — Booster, a company that delivers gas directly to cars and trucks, has raised more than $125 million in Series D funding led by Rose Park Advisors with participation from new investors Chaac Ventures, Equinor Ventures, Mitsubishi Corporation and Thayer Ventures. Renewable Energy Group (REG), a producer of low-carbon renewable fuels, also increased […]
BURLINGAME — Imply Data, Inc., a company founded by the original creators of Apache Druid, has landed $100 million in Series D financing, which values the company at $1.1 billion. This investment round was led by Thoma Bravo with participation from OMERS Growth Equity, both new investors. Existing investors Bessemer Venture Funds, Andreessen Horowitz and […]