News about Silicon Valley business almost everyday.
SAN FRANCISCO – Checkr, a leading a provider of employee background checks, has raised $250 million in a Series E round valuing the company at $4.6 billion. The round was led by Durable Capital, alongside new investors Fidelity Management & Research Company LLC, and Franklin Templeton with participation from all major current investors including BOND Capital, Khosla […]
SAN FRANCISCO — Solv, a national network of healthcare providers making same-day and next-day healthcare accessible to anyone, announced the close of a $45 Million Series C funding round led by Acrew Capital and Corner Ventures. Other participants include prior investors Greylock Partners and Benchmark Capital. The funding will support the company’s expansion of its […]
SAN FRANCISCO — There’s no shortage of venture capital available to technology startups, especially in the Bay Area! Databricks, the Data and AI company, announced a $1.6 billion round of funding to increase innovation and adoption of the data lakehouse, as the data architecture’s popularity across data-driven organizations continues to grow at a rapid pace. […]
PALO ALTO — Workera.ai, operator of a precision upskilling platform, has completed a $16 million Series A. This latest round of funding follows a seed round of $5M in October 2020. The Series A was led by New Enterprise Associates (NEA) alongside existing investors Owl Ventures and AI Fund, as well as Richard Socher of AIX Ventures, Pieter Abbeel, Lake Dai and Mehran Sahami. This new capital will be […]
SAN FRANCISCO — Corelight, provider of the industry’s first open network detection and response (NDR) platform, has raised $75 million in Series D investment led by Energy Impact Partners (EIP). Previous investors Accel, General Catalyst, Insight Partners and Osage University Partners also joined the round, as well as new investor H.I.G. Growth Partners, and strategic […]
CUPERTINO — MindRhythm, a medical technology company focused on preventing neurological injury in stroke, has raised $5 Million in an oversubscribed round of seed funding. A diverse group of investors participated in the round, with a mix of family office, venture capital, and individuals dedicated to the company’s mission: Principal investors include Pierre and David […]
SAN FRANCISCO — Cribl, a data Observability Pipeline company, announced it raised $200 million in new Series C funding led by Greylock and Redpoint Ventures, joined by new investor IVP, existing investors Sequoia and CRV, and with strategic investment from Citi Ventures and CrowdStrike. This Series C funding brings Cribl’s total funding to $254 million, coming on the heels […]
BRISBANE — Trove, which operates a resale platform for top chains including lululemon, Patagonia, REI, Nordstrom, Levi’s, Eileen Fisher, Arc’teryx and other leading brands, has closed a $77.5 million Series D funding round led by G2 Venture Partners, bringing Trove’s total funding to date to $122.5 million. Other participants in the round included Bank of […]
SAN FRANCISCO — Bungalow, a fast growing marketplace for roommate living in the United States, has raised $75 million in Series C funding, led by Deer Park Road, with participation from existing investors including, Atomic, Founders Fund, Coatue and Khosla Ventures, bringing the company’s total funding to date to over $150 million. Serving 3000+ residents […]
REDWOOD CITY — Split, a feature delivery and experimentation platform, has scooped up $50 million in Series D funding led by Owl Rock, a division of Blue Owl Capital, with participation from Northgate Capital and existing investors including Accel, Lightspeed Venture Partners, Harmony Partners, Microsoft’s venture capital fund M12, Atlassian Ventures, and ServiceNow. This latest […]
SAN FRANCISCO — Rapid Robotics, creator of the first ready-to-work robotic machine operator, has raised $36.7 million in Series B funding led by Kleiner Perkins and Tiger Global, with existing investors NEA, Greycroft, Bee Partners and 468 Capital also participating. The latest round is Rapid’s third in less than a year, bringing its total funding to […]
MOUNTAIN VIEW — Kairos Aerospace, a company that finds oilfield methane leaks and emissions, has closed a $26 million Series C-1 funding round, led by DCVC. Returning investors OGCI Climate Investments, John Crane, a Smith Group company, and Energy Innovation Capital (EIC) also participated. Using cutting-edge methane detection algorithms and proprietary sensor hardware, Kairos’ industry […]