News

KKR Buying Broadcom End-User Division for $4 Billion

MENLO PARK – KKR, one of the nation’s largest private equity firms, has signed an agreement with Broadcom Inc. to acquire its End-User Computing Division (the “EUC Division”) in a deal valued at approximately $4 billion. Upon closing of the transaction, the EUC Division will become a standalone company, with greater access to growth capital […]

Venture Capital

Clumio Scores $75 Million Series D

SANTA CLARA — Clumio, a provider of data backup and recovery for public cloud customers, has secured $75 million in a Series D funding round led by Sutter Hill Ventures, along with participation from existing investors Index Ventures and Altimeter Capital, and new investor NewView Capital. The investment will be used to accelerate the company’s innovation and go-to-market in […]

Venture Capital

PermitFlow Lands $31 Million Series A

MILPITAS — PermitFlow has landed a $31 million Series A round led by Kleiner Perkins with participation from Felicis, Altos Ventures, Initialized Capital, Y Combinator, and leading ConTech, workflow software, and AI angel investors. PermitFlow’s mission is to transform the way construction projects transition from concept to reality, starting with the permitting process. In the face of housing shortages, crumbling infrastructure, […]

Venture Capital

Highway 9 Networks Emerges From Stealth With $25 Million

SANTA CLARA — Highway 9 Networks has launched from stealth, introducing the industry’s first mobile cloud for delivering cloud-native mobility and services for the AI-driven enterprise. Developed by veteran leaders from VMware, the Highway 9 Mobile Cloud enables voice + data coverage everywhere, reliable and high-performance mobile connectivity for AI-driven use cases like robotics, factory […]

Venture Capital

Synadia Secures $25 Million Series B

SAN MATEO — Synadia Communications, Inc., creators and maintainers of NATS.io (NATS), the open-source cloud and edge-native messaging system for high-performance data streaming, has closed a $25 million Series B financing round. Led by Forgepoint Capital, the investment round includes participation from existing investors and new investors Singtel Innov8, LDVP and 5G Open Innovation Lab. Forgepoint Managing Director Ernie Bio will […]

News

Agilent CEO to Retire, McDonnell to Take Over

SANTA CLARA — Agilent Technologies announced that Padraig McDonnell, president of the Agilent CrossLab Group (ACG), has been named CEO-elect and chief operating officer (COO) of the company, succeeding current President and CEO Mike McMullen who will retire. McDonnell will become Agilent’s president and CEO and join Agilent’s Board of Directors on May 1. Agilent […]

Venture Capital

Cancer Detection Platform Freenome Raises $254 Million

SOUTH SAN FRANCISCO — Freenome, a biotechnology company developing blood tests for early cancer detection, announced the addition of $254 million from new and existing investors. The funding enables Freenome to advance the pipeline of single-cancer and tailored multi-cancer early detection tests built on its multiomics platform. Roche led the financing, joined by a16z Life […]

News

Chipotle to Offer Free Guac on Leap Day

NEWPORT BEACH, CA — Chipotle Mexican Grill announced that on “Extra Day,” February 29, guac will not be extra* for fans who use code EXTRA24 on digital orders placed exclusively on the Chipotle app or Chipotle.com. Chipotle is kicking off “Extra Day” celebrations early starting February 26, with a gamified scavenger hunt on Chipotle’s official Instagram account, which will […]

Venture Capital

Decarbonization Partners Leads $150 Million Round in Antora Energy

SUNNYVALE — Antora Energy, a leader in zero-emissions industrial heat and power, raised a $150 million Series B funding round led by Decarbonization Partners, a partnership between BlackRock and Temasek. This financing round will enable Antora to ramp production of its factory-made thermal batteries to deliver billions of dollars of zero-emissions energy to industrial customers. […]

NVIDIA Stocks

NVIDIA, AMD, Super Micro Shares Soar Thursday

It was a spectacular trading day for three major Silicon Valley companies led by NVIDIA, which reported blockbuster earnings on Wednesday afternoon. Shares in NVDA climbed $110.53 or 16.4% to close at $785.25. Track all markets on TradingView Both AMD and Super Micro climbed on the good news from NVIDIA. Track all markets on TradingView […]

Venture Capital

Empowerly Turns On $15 Million Financing

SAN FRANCISCO — Empowerly, a data-driven education technology company that provides personalized college and career guidance, has raised a $15 million financing round led by Conductive Ventures. The new funding will be used to continue expanding Empowerly’s college counseling services with a focus on building out its artificial intelligence and machine learning product optimizations, such […]

Venture Capital

Recogni Recognizes $102 Million Funding

SAN JOSE — Recogni, Inc., a leader in AI-based computing, announced the closing of $102 million in Series C funding, co-led by Celesta Capital and GreatPoint Ventures. Existing investors Mayfield, DNS Capital, BMW i Ventures, and SW Mobility Fund also participated. Joining the round are new investors Pledge Ventures and Tasaru Mobility Investments, a company […]