News about Silicon Valley business almost everyday.
SAN FRANCISCO — Cortex announced it has raised $15 million in Series A funding co-led by Tiger Global and Sequoia Capital. The funding round also includes technology investors, founders, and business leaders participating, including Silicon Valley angel, Gokul Rajaram; co-founder and CEO of Front, Mathilde Collin; and CEO of Snyk, Peter McKay. Cortex’s service catalog is the […]
SAN FRANCISCO — Luma Health, a leading patient engagement platform, has announced a $130 million Series C funding round led by FTV Capital, a sector-focused growth equity investment firm, with participation from existing investors. This latest round brings Luma Health’s total funding raised to $160 million. Luna Health reports 2x growth year over year since the company’s […]
SAN FRANCISCO — Vercel, a platform to develop, preview and ship websites, from single static pages to apps with billions of dynamic pages, and creator of Next.js, the leading React and JavaScript framework for frontend web development, has secured $150 million in Series D funding at a $2.5 billion valuation. The round was led by GGV […]
SAN FRANCISCO — Bitrise, a Mobile DevOps company that works with more than 6,000 mobile organizations to get apps to market faster and smarter, has closed a $60 million Series C funding round. The round was led by New York-based private equity and venture capital firm Insight Partners, and was joined by existing investors including Partech, Open […]
SAN MATEO — Netomi, developer of an AI-first customer service platform, has secured $30 million in Series B funding led by WndrCo, the investment firm co-founded by Jeffrey Katzenberg. Existing investors Eldridge and Fin Venture Capital also participated in the round, bringing the company’s total funding to date to $52 million. “Customer service is going […]
SAN FRANCISCO — Resilience, a provider of cyber insurance and security solutions, has closed an $80 million Series C funding round, co-led by General Catalyst and Corey Thomas of Rapid7, with participation from Lightspeed Venture Partners, Founders Fund, Charles River Ventures, Shield Capital, and Intact Ventures. The investment comes as Resilience executes on plans for middle market expansion […]
SAN FRANCISCO — Heyday, a platform for building consumer product brands on Amazon and online, has closed a $555 million Series C funding round. The round was co-led by technology investors The Raine Group and Premji Invest with participation from existing investors General Catalyst, Victory Park Capital, and Khosla Ventures. The new funding comes on […]
SAN JOSE – Lacework, which operates a security platform for the cloud, has raised one of the biggest rounds of funding ever at $1.3 billion. The company is now valued at $8.3 billion. With this capital, which is the largest funding round in security industry history, Lacework plans to invest in rapidly scaling its business […]
SAN FRANCISCO — Grammarly, a company powering effective communication for over 30,000 teams and 30 million people daily, has raised over $200 million in funding at a $13 billion valuation from new investors Baillie Gifford and funds and accounts managed by BlackRock, among others. With this latest funding round, Grammarly plans to accelerate product innovation […]
SAN FRANCISCO — Faire, an online wholesale marketplace connecting more than 300,000 retailers with 40,000 brands around the world, has closed $400 million in a Series G investment round co-led by new investor, Durable Capital Partners LP, and returning investors, D1 Capital Partners, and Dragoneer Investment Group. This new round, which includes all existing investors, […]
SAN FRANCISCO — Seasoned has raised $18.7 million in Series A financing to help expand its hiring platform and restaurant worker network to new markets. The financing comes on the back of a $12 million seed round raised in June 2021, bringing its total raised to more than $30 million this year. Seasoned’s Series A financing was led by Horizons Ventures, with participation from TPG Growth […]
SAN FRANCISCO — Habu, a developer of data clean room software, has secured $25 million in Series B funding led by Wing Venture Capital. Snowflake Ventures, super{set}, Norwest Venture Partners, and Ridge Ventures joined the round, which will allow the company to accelerate product innovation, operations, and customer success to support its rapidly growing client […]