News about Silicon Valley business almost everyday.
BURLINGAME — Pixis (formerly known as Pyxis One), a provider of contextual codeless AI infrastructure for marketing optimization, has secured $100 million in Series C funding. Pixis will use funds to help the company rapidly scale its AI platforms and plugins, as well as accelerate expansions across North America, Europe, and APAC. The Series C […]
BURLINGAME — Lyra Health, a provider of Workforce Mental Health solutions for employers, has completed a $235 million financing. Dragoneer led the round and was joined by new investor Salesforce Ventures along with existing investor Coatue. With the new funding, Lyra will accelerate its delivery of comprehensive, evidence-based, culturally responsive mental health care benefits for employees and […]
SAN FRANCISCO — Verana Health, a digital health company that quality drug lifecycle and medical practice insights from a real-world data network, has landed a $150 million Series E funding round led by Johnson & Johnson Innovation – JJDC, Inc. (JJDC) and Novo Growth, the growth-stage investment arm of Novo Holdings. Existing Verana Health investors GV (formerly […]
SAN FRANCISCO — Bolt, a platform that offers one-click checkout on e-commerce sites, has secured $355 million in the first part of its Series E funding. Lead investors in this round are funds & accounts managed by BlackRock, with participation from Schonfeld, Invus Opportunities, H.I.G. Growth, and CE Innovation Capital. This new raise brings Bolt’s total funding to […]
Citadel Securities, a leading global market maker for stocks and financial products based in Chicago, has raised $1.15 billion from area venture capital firms Sequoia and Paradigm. Sequoia led the round, with the investment coming from Sequoia Heritage, Sequoia Capital Global Equities and the Global Growth Fund. Sequoia Partner Alfred Lin is joining the Citadel […]
EMERYVILLE — MycoWorks has reeled in a $125 million Series C funding round led by Prime Movers Lab, with participation from new investors SK Networks and Mirabaud Lifestyle Impact & Innovation Fund, along with other new and existing investors including DCVC Bio and Novo Holdings. The Series C funding round will be used to launch […]
SAN FRANCISCO — Observable, a data collaboration company, has closed a $35.6 million Series B funding round led by Menlo Ventures. Existing investors Sequoia Capital and Acrew Capital also participated in this round, which brings the total invested capital to date at $46.1 million. Observable has developed a collaborative, web-based platform for data practitioners to help them make […]
SAN FRANCISCO — Brex, a company providing financial services for startups, has raised an additional $300 million in a Series D-2 round led by Greenoaks Capital and Technology Crossover Ventures (TCV). Brex has also hired Karandeep Anand as the company’s Chief Product Officer. Anand brings extensive product leadership experience to Brex, and most recently led […]
SOUTH SAN FRANCISCO — Freenome, a privately held biotech company, announced that Swiss healthcare giant Roche has made an investment of $290 million, bringing Freenome’s total funding to more than $1.1 billion since the company was founded in 2014. This funding follows Freenome’s recent Series D financing of $300 million in December. Detecting cancer early, when it’s most treatable, improves […]
NEWARK — Qnovo, a developer of battery management software, has closed $24 million in Series-C financing. BorgWarner led the round with significant participation by OGCI Climate Investments and Constellation Technology Ventures. Existing investors U.S. Venture Partners and RockPort Capital also participated. The company, which is in advanced vehicle qualifications with several global passenger and commercial electric […]
SAN FRANCISCO — Envoy, a workplace platform that helps companies reopen safe and flexible workplaces, has secured $111 million in Series C funding led by Brookfield Growth, with participation from existing investors Menlo Ventures, Andreessen Horowitz, Initialized Capital, Haystack, and new investors BAM Elevate, Seven Seven Six, Triple Point Capital, Elad Gil, and others. This […]
SAN FRANCISCO – Little Otter, a digital mental health company to provide tools and treatment for both children and their families, has closed a $22 million Series A funding round. The round was oversubscribed and led by CRV, with participation from Torch Capital, Vast Ventures, Hinsdale, Boxgroup, _Able, Carrie Penner Walton, G9, Springbank Collective, along […]