News about Silicon Valley business almost everyday.
REDWOOD CITY — EveryDay Labs, which works with thousands of schools to boost attendance rates through behavioral science, announced an $8 million Series A round of financing led by Rethink Impact, the largest U.S.-based impact venture capital fund investing in female leaders using technology to generate social impact. The round also includes participation from Reach Capital, […]
SANTA CLARA — Aviatrix, a provider of cloud networking and network security, has raised $200 million in growth funding led by TCV. Additional new investors include Insight Partners and Tiger Global, while existing investors CRV, Formation 8, General Catalyst, Greenspring Associates, Ignition, Liberty Global Ventures, Meritech Capital and TrueBridge Capital Partners also participated in the round. […]
BURLINGAME — UnitQ, a company developing a platform to improve product quality, has raised a $30 million Series B round led by Accel, with support from Creandum and Gradient Ventures, Google’s AI-focused venture fund. This brings the total amount raised by UnitQ to $41 million since launching in 2018. This Series B will allow the […]
FREMONT — Alamar Biosciences, Inc., a precision proteomics company that brings both ultra-high sensitivity and massively parallel scale to proteomic analysis, has closed an $80 million Series B financing round, bringing its total funding to $110 million. The Series B financing round was led by Sherpa Healthcare Partners and included Morningside Ventures, Samsara Biocapital, and existing investors […]
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 […]