News about Silicon Valley business almost everyday.
SAN LEANDRO — Vantage Robotics, a provider of small unmanned aerial vehicles and an innovator in drone technology, has launched its new nano drone, Trace. Designed to meet the pressing needs of national security, law enforcement, and critical infrastructure management, Trace provides field operators with a trusted and affordable American-made nano UAV. The pocket-sized drone […]
PLEASANTON — Workday, Inc., a provider of software to help organizations manage their people and money, published its semi-annual Global Workforce Report, which found that it’s an employers’ market, with the number of job applications growing four times faster than job openings. Despite these odds, top performing employees are quitting their jobs to look for better opportunities elsewhere. At […]
SOUTH SAN FRANCISCO – Arsenal Biosciences, a clinical stage programmable cell therapy company focused on engineering advanced CAR T-cell therapies for solid tumors, announced the close of an oversubscribed $325 million Series C financing round. The funding round included new investors ARCH Venture Partners, Milky Way Investments Group, Regeneron Ventures, NVentures (NVIDIA’s venture capital arm), […]
Apple will introduce its own version of AI called Apple Intelligence, the personal intelligence system that combines the power of generative models with personal context to deliver intelligence that is useful and relevant. Apple Intelligence will start rolling out next month with iOS 18.1, iPadOS 18.1, and macOS Sequoia 15.1, with more features launching in […]
SAN FRANCISCO — Agree, an all-in-one agreements platform that seamlessly integrates money movement, has announced a $3 million pre-seed round. The round was led by Better Tomorrow Ventures with participation from 8-Bit Capital, Everywhere Ventures, Expedite Ventures, Firsthand Alliance, Hustle Fund, NEA, Singh Capital Partners, and Trust Fund. With this investment, the company aims to […]
MOUNTAIN VIEW – -SentinelOne, which operates an AI-powered cyber security platform, has unveiled the keynote speaker lineup for its annual OneCon conference, featuring Apple co-founder and tech legend, Steve Wozniak as the headliner. Held at the ARIA Resort & Casino in Las Vegas from October 15-17, the event will focus on the latest innovations in […]
Former NFL coach Bill Belichick is starring in a new ad campaign for DoorDash called “Fan Coach,” a series of comedic pieces that spotlight Coach Belichick giving advice around fans’ biggest game day quandaries around what to order, Fantasy Football, making wings, and more! “DoorDash has mastered the playbook when it comes to delivering the perfect at-home game […]
SAN FRANCISCO — Opkey, an Artificial Intelligence (AI) continuous test automation platform for enterprise systems, has raised $47 million in Series B funding led by PeakSpan Capital, with continued support from existing investors. This substantial investment will fuel Opkey’s mission to deliver continuous assurance and streamline cloud Enterprise Resource Planning (ERP) transformation programs, enabling Opkey to accelerate product development, […]
SAN FRANCISCO — Turo, Inc. the world’s largest peer-to-peer car sharing marketplace, announced a multi-year deal with Uber Technologies which will allow Uber customers to rent from Turo’s wide- ranging selection of vehicles directly from the Uber app across key global markets. Uber will bring Turo’s selection of over 1,600 makes and models to the Uber […]
SAN FRANCISCO — Thatch, a personalized health benefits platform for businesses, has raised $38 million in Series A funding. The round was led by Index Ventures and General Catalyst, along with new investors SemperVirens and The General Partnership, with participation from existing investors including Andreessen Horowitz (a16z) and Avid Ventures. This investment will fuel Thatch’s mission […]
PALO ALTO — Drip Capital, a digital platform for trade finance, has secured $113 million in new funding. This includes $23 million in equity from Japanese institutional investors, GMO Payment Gateway and Sumitomo Mitsui Banking Corporation (SMBC), and $90 million in debt financing, led by the International Finance Corporation (IFC) and East West Bank. The company collaborates with over 9,000 sellers and […]
SAN JOSE — Pacific Workplaces (PAC), the San Francisco-based co-working company and hybrid work solutions provider, has opened a new flexible office space at 84 W Santa Clara Street, 7th Floor in San Jose. Spanning 12,965 square feet, this innovative facility was designed by Workplace Studio and features 51 private offices, 6 fully equipped meeting […]