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Cohesity may become a unicorn in another big SoftBank funding

Cohesity Inc., the San Jose company launched by ex-Google employee and Nutanix co-founder Mohit Aron, may become the region's newest unicorn. The hyperconverged secondary storage business is in late talks to raise a round of at least $150 million .....»»

Category: topSource: bizjournalsApr 16th, 2018

The Funded: 6 Bay Area startups score over $300M, 8 cut hundreds of jobs

Six Bay Area startups disclosed more than $300 million in new funding at the end of the week, while eight others cut hundreds of staff amid the pandemic-induced economic swoon. Here are the details on those stories and more: Cohesity Inc., San J.....»»

Category: topSource: bizjournalsApr 10th, 2020

Fremont self-driving tech unicorn scores $462M, mostly from one Japanese car giant

Toyota Motor Corp. is pumping $400 million into Pony.ai, a Chinese startup led by former Baidu and Google self-driving car executives whose U.S. headquarters is in Fremont. The company said the new funding is part of a $462 million round that valu.....»»

Category: topSource: bizjournalsFeb 26th, 2020

Stanford profs" AI hardware startup scores $250M at unicorn valuation

SambaNova Systems Inc., a startup founded by a pair of Stanford professors and a longtime Oracle Corp. executive, on Tuesday disclosed that it has raised a $250 million Series C funding that likely added another unicorn to the Silicon Valley herd. .....»»

Category: topSource: bizjournalsFeb 25th, 2020

Silicon Valley"s newest unicorn helps its clients" apps fly

The Palo Alto company more than doubled its valuation to about $1.1 billion in a comparably small Series C funding round of $60 million led by Dell Technologies Capital and Iconiq Capital......»»

Category: topSource: bizjournalsFeb 25th, 2020

SoftBank leads $265 million investments in two U.S.-based start-ups

SoftBank on Monday led a new funding round of $165 million in California-based Karius and invested $100 million in New York-headquartered AI company Behavox, as the technology giant builds a portfolio under its second Vision Fund......»»

Category: topSource: reutersFeb 24th, 2020

New York artificial intelligence company Behavox raises $100 million

Behavox, a New York-based artificial intelligence company, said Monday it has raised $100 million. The funding came from SoftBank Vision Fund 2, according to Behavox, which describes itself as "the world’s only end-to-end data operating platform.....»»

Category: topSource: bizjournalsFeb 24th, 2020

SoftBank leads $165 million capital boost for liquid biopsy firm Karius

SoftBank's second Vision Fund has led a new $165 million funding round in California-based Karius, which markets a test that can quickly detect hard to diagnose infections through a simple taking of blood, the start-up said on Monday......»»

Category: topSource: reutersFeb 24th, 2020

SoftBank set for sharp quarterly profit drop amid pressure from Elliott

Japan's SoftBank Group is expected to post a slide in profits for the past quarter, deepening concern about its ability to secure funding for a second Vision Fund and giving activist fund Elliott Management more fodder for a shake-up......»»

Category: topSource: reutersFeb 10th, 2020

Exclusive: SoftBank leads latest Alto Pharmacy funding round at over $1 billion valuation

SoftBank's second Vision Fund has led a new round of funding for Silicon Valley-based drug delivery firm Alto Pharmacy that valued it at over $1 billion, according to two people familiar with the development......»»

Category: topSource: reutersJan 30th, 2020

San Mateo video security startup joins the unicorn club

Rapidly growing security video startup Verkada Inc.'s valuation jumped by more than $1 billion in an $80 million Series C funding it disclosed on Wednesday. The San Mateo company is now valued at about $1.6 billion and has aggressive plans to increase i.....»»

Category: topSource: bizjournalsJan 29th, 2020

"Penny" Is A Robot Food Runner That Just Got Backed By Softbank

Bear Robotics manufacturers a robot food runner for restaurants called Penny and just raised $32 million in a Series A funding round led by Japan's Softbank (OTC: SFTBY). 0 read more.....»»

Category: blogSource: benzingaJan 25th, 2020

Lab-grown meat producer Memphis Meats raises $161 million in funding led by SoftBank

Lab-grown meat producer Memphis Meats said on Wednesday it raised $161 million in a funding round led by Japan's SoftBank Group , Singapore's wealth fund Temasek Holdings and Norwest Venture Partners......»»

Category: topSource: reutersJan 22nd, 2020

S.F. marketing tech startup snags $210M funding round, unicorn status

Last year it doubled its headcount to reach 850 employees and expects more considerable growth at its San Francisco headquarters and New York office......»»

Category: topSource: bizjournalsJan 21st, 2020

ClassPass now worth more than $1 billion after latest funding round

ClassPass is now worth more than $1 billion, after raising new cash from investors, the startup said on Wednesday. The latest funding marks the fitness class subscription app’s entry into the unicorn... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJan 12th, 2020

The Funded: More job cuts seen at SoftBank-backed companies

Job cuts are piling up for companies in SoftBank Vision Fund's portfolio. Mountain View-based Zume Inc., the pizza delivery and food logistics unicorn, is reportedly slashing 400 jobs — about 80 percent of its workers — as it tries to raise n.....»»

Category: topSource: bizjournalsJan 8th, 2020

SoftBank-backed Paytm raises $1 billion in fresh funding

Indian digital payments company Paytm said on Monday it has raised fresh funds from a group of investors including existing backers SoftBank's Vision Fund and China's Ant Financial Services in a deal valuing the firm at $16 billion......»»

Category: topSource: reutersNov 25th, 2019

India"s Paytm raises $1 billion in fresh funding

Indian digital payments company Paytm said on Monday it has raised fresh funds from a group of investors, including existing backers such as SoftBank's Vision Fund and Alibaba's Ant Financial......»»

Category: topSource: reutersNov 25th, 2019

What went on inside SoftBank-backed Fair as it burned through cash — plus fresh proptech funding and JPMorgan"s new VC coverage group

SoftBank is in a "rough sea" — or at least, that's how its CEO, Masayoshi Son, descri.....»»

Category: topSource: businessinsiderNov 9th, 2019

Stung by WeWork, SoftBank boss Son charts more cautious IPO course

Fresh from the WeWork debacle, SoftBank CEO Masayoshi Son says he now aims to be more cautious about the timings of IPOs, a shift that could squeeze the Japanese company's funding and increase its reliance on its lower-growth telecom business......»»

Category: topSource: reutersNov 7th, 2019

SoftBank shares fall as it doubles down on WeWork

Shares of SoftBank Group Corp fell 2% in early trade on Wednesday as the tech conglomerate moved to take over beleaguered office-space sharing startup WeWork with a funding injection of more than $10 billion......»»

Category: topSource: reutersOct 22nd, 2019