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 .....»»
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.....»»
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.....»»
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. .....»»
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......»»
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......»»
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.....»»
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......»»
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......»»
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......»»
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.....»»
"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.....»»
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......»»
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......»»
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......»»
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.....»»
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......»»
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......»»
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.....»»
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......»»
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......»»