News

Silicon Valley Named No. 2 Market for Data Centers

Silicon Valley is the No. 2 market in the country for data centers, tied with Singapore and behind Northern Virginia according to a study by real estate services firm Cushman & Wakefield. The 2022 Global Data Center Market Comparison is the third edition of this annual study which identifies and ranks the top data center […]

Venture Capital

Bolt Raises $355 Million Series E

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 […]

Netflix News

Netflix Prices Go Up

With gas and food prices on the rise over the past year, Netflix has also decided to increase its subscription prices in the U.S. The streaming giant has boosted the monthly cost for its basic subscription price with no High Definition (HD) streaming from $8.99 to $9.99 per month. The standard Netflix plan with HD […]

Venture Capital

MycoWorks Reels In $125 Million Series C

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 […]

Venture Capital

Menlo Ventures Leads $35.6 Million Series B in Observable

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 […]

News

Bridge Bank Provides $10 Million Loan to Zuum Transportation

SAN JOSE — Bridge Bank announced its Capital Finance Group has closed on a $10 million asset-based loan facility for Zuum Transportation Inc., an Irvine-based logistics technology provider for manufacturers, freight brokers and carriers. “It’s rewarding to work with a company like Zuum that is making a difference for such a great stable of internationally […]

Venture Capital

Brex Lands $300 Million Series D-2

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 […]

Venture Capital

Roche Invests $290 Million in Freenome

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 […]

Venture Capital

Qnovo Closes $24 Million Financing

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 […]