Posts filtered by tags: SanFranciscoVC[x]


 

Code for Cures: Life Sciences Thrives on San Francisco’s Software Heritage

A growing population of people with software experience plus an interest in life sciences is boosting drug development in the San Francisco Bay Area, according to panelists at an Xcelerating event.Innovation in the San Francisco Bay Area may first bring to mind tech behemoths like Facebook and Google. But some drug development companies in the region say its openness to new ideas and the combination of software experience and life sciences expertise are boosting their prospects.“For us inside t...
Tags: Google, Startups, Facebook, San Francisco, Trends, Tech, People, Innovation, Biotech, Life Sciences, Healthtech, San Francisco Bay Area, Daphne Koller, San Francisco blog main, SanFranciscoVC, TwoXAR


CrowdStrike IPO: Cybersecurity Firms Defend Themselves, and You

Of the many risks facing a cybersecurity company that’s trying to raise money through an initial public offering, here’s one that might surprise some investors: cyber attacks.Cybersecurity is important for everyone as hackers and governments continue to develop new and unique ways of stealing or compromising private information, which is more accessible than ever. Cloud computing creates more access points vulnerable to hacking, such as mobile and remote workers’ laptops, smartphones, and other...
Tags: Google, Deals, Startups, Mobile, Hardware, Internet, Entrepreneurship, Ipo, Funding, San Francisco, Trends, Tech, Web, It, Cybersecurity, Russian hackers


Cala Health Secures $50M to Launch Anti-Tremor Wrist Device

Cala Health announced this week it raised $50 million in a Series C financing that will fund the market introduction of its wristwatch-like device that delivers nerve stimulation as a remedy for tremors of the hands.New investors Novartis, Baird Capital, LifeSci Venture Partners and TriVentures participated in the fundraising round, and were joined by all of the company’s previous investors, including Lux Capital, Lightstone Ventures, Action Potential Venture Capital, dRx Capital, GV—the invest...
Tags: Google, Deals, Startups, Mobile, Wearables, Hardware, Internet, Entrepreneurship, Funding, San Francisco, Trends, Tech, Web, It, Devices, Vc


Respond Raises $20M to Advance Automated Response to Cyberattacks

In business sectors such as warehouse operations, automation may put a company’s current employees out of work in some cases. In the cybersecurity sector, automation can take up a multitude of tasks without displacing any staffers—because there aren’t enough qualified humans right now to fill all the jobs. That’s according to Bay Area cybersecurity company Respond Software, whose software is designed to trigger rapid, automated steps to thwart cyberattacks on businesses.Mountain View, CA-based ...
Tags: Deals, Startups, Microsoft, Internet, Entrepreneurship, Funding, San Francisco, Trends, Tech, Cisco, It, Cybersecurity, Vc, Innovation, Venture Capital, Machine Learning


Endpoint Security Company CrowdStrike Files Publicly for IPO

CrowdStrike, the cybersecurity company that identified the two Russian government-linked hacker groups that invaded the Democratic National Committee (DNC)’s network during the 2016 presidential campaign, filed publicly for an initial public offering on Tuesday.Sunnyvale, CA-based CrowdStrike sells cloud-based security software and related services by subscription to businesses. Founded in 2011, the company adapted traditional data security safeguards by monitoring not only computers in custome...
Tags: Google, Deals, Startups, Mobile, Hardware, Internet, Entrepreneurship, Ipo, Funding, San Francisco, Trends, Tech, Web, It, Cybersecurity, Russian hackers


Uber Completes $8.1B Public Market Debut in Spite of Tumultuous Past

Ride-hailing giant Uber secured $8.1 billion in new capital late Thursday as it priced an initial public offering that set its market capitalization at $82.4 billion, according to calculations by The New York Times and other news outlets.Uber announced late Thursday it will sell 180 million shares of common stock at $45 apiece when it completes the IPO. That price is near the lowest end of the range Uber set at $44 to $50 in the amended prospectus it filed on April 26.Uber (NYSE: UBER) will sta...
Tags: Google, Deals, Transportation, Mobile, Lyft, Uber, Hardware, Marketplace, Workplace, Internet, Entrepreneurship, Ipo, Funding, San Francisco, Trends, Tech


Exabeam Raises $75M To Compete With Splunk, Other Security Leaders

Landing its second shot of new capital in less than a year, cybersecurity startup Exabeam announced today it secured $75 million in a Series E funding round co-led by new investor Sapphire Ventures and returning investor Lightspeed Venture Partners.San Mateo, CA-based Exabeam says the cash boost will fund its competitive push in a cybersecurity specialty called SIEM, or security information and event management. SIEM companies make software that captures data streaming from machines, such as ne...
Tags: Deals, Startups, Mobile, Hardware, Internet, Entrepreneurship, Cloud Storage, Funding, San Francisco, Trends, Tech, Web, It, Cybersecurity, Data Breach, Vc


Another $568M, and a $7B Valuation, for Automation Firm UiPath

UiPath, which helps businesses automate tedious digital processes such as billing and inventory control, announced today it raised $568 million from investors who agreed on a $7 billion valuation for the company.New York-based UiPath is one of the automation software companies that have been raking in capital recently as they compete for enterprise customers looking to score cost savings and improve the efficiency of their operations.UiPath’s big haul, in a Series D fundraising round led by Coa...
Tags: Google, Deals, Startups, New York, Technology, Disruption, Internet, Entrepreneurship, Funding, San Francisco, Trends, Insurance, Tech, Job Market, Banking, Web


With $103M Raise, Edtech Firm Coursera Graduates to Unicorn Status

Online education company Coursera announced today it raised $103 million in a Series E equity funding round to expand the international reach of its coursework, degree offerings, and workforce training programs.The fundraising round brings in new investor SEEK Group, an Australia-based job search, education, and workforce matchmaking firm whose affiliated businesses operate in 18 countries, including Australia, New Zealand, China, Mexico, and Brazil. Previous Coursera investors Future Fund and ...
Tags: Deals, Startups, Mobile, Marketplace, Education, Internet, Australia, Entrepreneurship, Funding, San Francisco, Trends, Tech, Web, It, Vc, Artificial Intelligence


6sense Raises $27M to Uncover Hidden Interests of B2B Buyers

Let’s say you’re wondering whether another software provider could do a better job for your business than the one you already use. You start a web search on its competitors. Suddenly, you get a friendly message from your current software provider, asking how things are going.Was it a sixth sense? Nope, as you can probably guess by now. It’s technology.Companies such as 6sense are using advanced data analytics and artificial intelligence software to help their customers find early signals of int...
Tags: Deals, Startups, Mobile, Internet, Entrepreneurship, Funding, San Francisco, Trends, Tech, Cisco, Web, It, Vc, Artificial Intelligence, Software, Fundraising


VC Trends in 2019: More Money, Fewer Deals But Women Still Get Less

If you’ve been following venture capital trends, what you expected to happen in the first quarter of 2019 did: More money is being invested in fewer deals, and women founders still are getting less of it than men.Venture firms sent $32.6 billion into startups nationally during the first three months of 2019, the second largest amount for any quarter since at least 2006, according to data released overnight by PitchBook and the National Venture Capital Association. But that large sum came from o...
Tags: Deals, Startups, Lyft, Uber, Hardware, Entrepreneurship, Softbank, Funding, Women, Trends, Tech, Vc, Software, Physics, Pwc, Venture Capital


So You Want to Start a Cybersecurity Company?

Cybercrime has become a global epidemic. Attacks will cost the world $6 trillion by 2021, research firm Cybersecurity Ventures says-–the greatest transfer of economic wealth in history and more profitable than the trade in all major illegal drugs.As the threat keeps rising, the cybersecurity industry keeps growing. According to data released in January by Strategic Cyber Ventures, a cybersecurity-focused venture capital firm, global funding for security companies nearly doubled between 2016 and ...
Tags: Deals, Security, Startups, Cloud, Internet Of Things, Entrepreneurship, Funding, Trends, Cisco, Cybersecurity, Cybercrime, Vc, Hacks, Innovation, Mark Cuban, Venture Capital


New Funding for Workplace Software Firms Skedulo and Scope AR

Two young San Francisco companies on Wednesday announced fundraisings to bolster their online services aimed at improving workforce efficiency.—Skedulo, which helps managers schedule assignments for field service personnel, says it raised $28 million in a Series B funding round led by M12, Microsoft’s corporate venture arm. Joining in the round were previous investors Blackbird, a venture capital firm based near Sydney, Australia, and Palo Alto, CA-based Costanoa Ventures. M12 principal Priya S...
Tags: Deals, Startups, Mobile, Microsoft, Workplace, Internet, Entrepreneurship, Funding, San Francisco, Trends, Tech, Unilever, Web, It, Vc, Software


New Accelerator Aims For Social Change With AR, VR, Gaming Startups

Games for Change, a non-profit that promotes the use of games and immersive technology for social good, is taking applications from startup teams for a new accelerator program it’s launching in New York City.New York-based Games for Change already encourages game and XR developers, by a variety of means, to build societal benefits into their designs. The organization, founded in 2004, holds an annual festival with demos, workshops, and training sessions, and also operates awards programs and st...
Tags: Startups, Games, Internet, Entrepreneurship, Funding, San Francisco, Trends, Tech, Web, It, Vc, Software, Innovation, Venture Capital, Virtual Reality, Berkshire Hathaway


Carmera, Toyota Research Institute Zoom Ahead on AV Mapping Project

Carmera, the maker of dynamic, real-time, high-definition maps for use in mobility applications, announced today that it has entered into a commercial partnership with Toyota Research Institute-Advanced Development, the carmaker’s division focused on the development of autonomous vehicle technologies. The monetary value of the partnership was not disclosed.The two companies will collaborate on a proof-of-concept project to develop “camera-based automation of HD maps” for urban and surface roads...
Tags: Startups, Entrepreneurship, Trends, Tech, Vc, Software, Innovation, Venture Capital, Mobility, Toyota, Detroit, National blog main, New York blog main, Seattle blog main, Boston blog main, National top stories


Early-Stage VC Firm Sorenson Ventures Closes Inaugural Fund at $110M

Sorenson Ventures, an offshoot of Utah private equity firm Sorenson Capital, announced today it has closed its first fund with more than $110 million to invest in early-stage security and enterprise software companies.The young venture capital firm was formed in 2017 by Sorenson Capital, which recruited former Intel Capital executive Ken Elefant as managing director. Elefant shares leadership of the VC spinout with Sorenson Capital’s managing director Rob Rueckert. The pairing was a reunion for...
Tags: Startups, Utah, Entrepreneurship, Funding, San Francisco, Trends, Tech, Cybersecurity, Vc, Venture Capital, Machine Learning, Silicon Valley, Financing, Lightspeed Venture Partners, Investor, Intel Capital


Menlo Ventures Devotes New $500M Fund to Mid-Stage Growth Companies

Menlo Ventures, like many other Silicon Valley venture capital firms, has at times looked for big returns from spotting early-stage companies with great promise. But as it launches a new $500 million fund, it plans to hunt for companies that are further along, and seem poised to take off on a growth curve.Those early-growth stage companies can suffer from a funding gap, because many venture capital firms are pouring money instead into either fledgling startups or late-stage companies that need ...
Tags: Startups, Uber, Entrepreneurship, Funding, San Francisco, Trends, Tech, Vc, Artificial Intelligence, Venture Capital, Silicon Valley, Mobility, Marketplaces, Financing, Investor, Matt Murphy


Equidate, Re-Named Forge Global, Boosts Series B to $85M

Equidate, one of the trading platforms that help employees sell their shares in pre-IPO unicorn companies, rolled out a new name today and announced a $35 million expansion of its $50 million funding round publicized in July.Re-branded as Forge Global, the five-year-old company plans to continue broadening the services it developed as many venture capital-backed companies—“unicorns” already supposedly worth billions of dollars, at least on paper—delayed going public, even while some of their st...
Tags: Deals, Startups, Lyft, Uber, Spotify, Spacex, Pinterest, Entrepreneurship, Ipo, Funding, San Francisco, Trends, Tech, Snapchat, Vc, Dropbox


Norwest VC Eyes Waves of Change in A.I., Marketing, Cloud for 2019

Venture capital firms invest in potentially disruptive technologies with the hope of profit, then keep watch for further advances that could overtake their existing portfolio companies. All this is done while they guide startups through other external challenges such as fundraising droughts and overall market downturns.Scott Beechuk, a partner at Norwest Venture Partners, is one of the tech industry observers invited by Xconomy to look back at the technology developments of 2018, and also forec...
Tags: Startups, Mobile, Cloud, Hardware, Workplace, Internet, Entrepreneurship, Funding, Azure, Marketing, San Francisco, Trends, Tech, Employee Engagement, Web, It


Autonomic CEO Gavin Sherry on Mobility, China, and Data Privacy

In a tech culture that looks toward self-driving cars as the pinnacle of mobility innovation, we’re still debating whether fully autonomous vehicles are an imminent reality for our roads or an ever-receding Shangri-La.But looking back from the viewpoint of 2019, it’s worth considering whether the really pivotal, world-changing advances in transportation have not already been launched. It came in relatively quick steps:—The first time a person with a smartphone stepped into a car, that vehicle b...
Tags: Google, Startups, Transportation, Mobile, Lyft, Uber, Marketplace, Entertainment, Internet, Entrepreneurship, China, Funding, San Francisco, Trends, Tech, E-commerce


Educational Play Kit Company Osmo Sold to India’s Edtech Firm Byju’s for $120M

Byju’s, an edtech company based in India that claims a $3.6 billion valuation based on its sales success there, announced it has acquired Palo Alto, CA-based learning-through-play firm Osmo for $120 million.Named after the teacher Byju Raveendran, who founded the company in 2011, Byju’s is making its first acquisition in the United States to advance its goals of expanding globally and adding very young children to its user base. The company, which announced the deal Wednesday, had already made ...
Tags: Google, Deals, Startups, Mobile, Hardware, Education, Internet, Entrepreneurship, India, Funding, San Francisco, Trends, Tech, Web, It, Vc


ScoutRFP Scores $33M to Compete in Supplier Management Sector

ScoutRFP, whose software is designed to help businesses streamline the process of ordering goods from suppliers, announced that it raised $33 million in a Series C fundraising round led by Scale Venture Partners.San Francisco-based Scout, part of a tech sector dubbed supplier relations management, or SRM, aims to free businesses from painstaking traditional methods of seeking bids from various suppliers and comparing their merits. Some companies are still doing this by laboriously creating spre...
Tags: Deals, Startups, Mobile, Cloud, Internet, Entrepreneurship, Funding, San Francisco, Trends, Tech, Web, It, Vc, Software, Automation, Innovation


A VC’s Take: Global Volatility Hurts U.S. Venture Ecosystem

As Xconomy’s editors looked back at the year just passed, we asked technology leaders to comment on the trends they’d observed in 2018, and the developments they expected in 2019. Some leaders responded with their views on the business impact of the Trump era, pointing to specific policy positions such as tax code revisions, curbs on immigration, and the decision by federal regulators to roll back net neutrality requirements on telecom carriers.Alex Niehenke, a partner at Foster City, CA-based ...
Tags: Startups, Mobile, Hardware, Net Neutrality, Internet, Entrepreneurship, China, Russia, Funding, Immigration, San Francisco, Trends, Tech, Investment, Eu, Web


AlwaysAI Adds $4M to Bring Deep Learning to Embedded ‘Edge’ Devices

Many of our devices, from wearables to medical instruments to drones, can capture reams of images. Using algorithms to analyze those images on the devices, in turn, generally takes loads of computing power and energy—sometimes more than is feasible.AlwaysAI says it is getting ready to sell its software for enterprise developers looking to make applications that use deep learning to better process the immense amount of data from embedded devices, such as cameras, drones, wearables, and robots—an...
Tags: Deals, Cloud Computing, Trends, Tech, Artificial Intelligence, Software, SaaS, Venture Capital, San Diego, Blackberry, Network, Ai, Financing, Deep Learning, Computer Vision, Edge


FAANG, Public Trust, Valuations, in 2019: The Read from Menlo Ventures

The market caps of some of the most successful tech titans reach as high as $1 trillion. Yet in 2018, perceptions about these dominant companies often reflected uneasiness and doubt—and for some, so did their stock performance.Maybe the mood shift has to do with the fact that the public and government leaders no longer evaluate these tech giants based solely on their spectacular market growth and multi-billion-dollar valuations, but also on the effects of their products, which are woven into al...
Tags: Apple, Google, Amazon, Startups, Facebook, Uber, Microsoft, Privacy, Entrepreneurship, Ipo, Russia, Funding, San Francisco, Trends, Tech, Vc


Big Deals, Life Sciences Push U.S. VC in 2018 to Dot-Com Boom Levels

Venture capital investments rose in 2018 to levels not seen since the heady days of 2000, the last year U.S. startups collectively took in more than $100 billion.That’s according to PitchBook and the National Venture Capital Association’s Venture Monitor report, released this week, which tallied nearly 9,000 deals made last year, through which venture investors sunk $130.9 billion into companies. That was about 500 fewer deals than in the year prior, but the total amount invested increased by $...
Tags: Deals, Startups, Lyft, Uber, Entrepreneurship, Funding, Trends, Vc, Software, Pwc, Venture Capital, Angel, National, WeWork, Magic Leap, Biotech


The Power Combo of A.I. Devices with Cloudlets Comes with Cyber Risks

When we have a chance to view it from a distance, the year 2018 may be seen as a period when innovations in a number of technological fields came together to transform not only the future of computing, but also the very structure of the Internet.First, entrepreneurs vying to invent self-driving vehicles, virtual assistants, and intelligent industrial machines created a hunger for more powerful semiconductors that could enable scattered devices to take over sophisticated calculations powered by ...
Tags: Startups, Mobile, Cloud, Hardware, Internet, Entrepreneurship, Funding, San Francisco, Trends, Tech, Web, It, Cybersecurity, Ransomware, Vc, Software


Alphabet’s Biotech R&D Arm Verily Raises $1B to Fuel Growth

Verily, the biotech research and development company owned by Google parent Alphabet, has raised $1 billion in an investment round led by Menlo Park, CA-based private equity titan Silver Lake.The South San Francisco, CA-based company was formerly known as Google Life Sciences before Alphabet (NASDAQ: GOOG) spun it off from the search engine giant and rebranded it in 2017. Other new investors in the round include Ontario Teachers’ Pension Plan and other global investment management firms, Verily...
Tags: Google, Deals, Startups, Singapore, San Francisco, Trends, Tech, Investment, Vc, Healthcare, Private Equity, Biotech, Silver Lake, Alphabet, Ruth Porat, Google Life Sciences


New Year to Bring New Data Security Threats, Cyber Investor Warns

Bob Ackerman is one of the venture capitalists whose funding has long fed the growth of the burgeoning cybersecurity industry. So, you might imagine that his outlook on data protection for 2019 would be more optimistic than in past years, because businesses now take advantage of a broad choice of security services to protect themselves.Ackerman (pictured) is founder and managing director of San Francisco-based VC firm AllegisCyber, and co-founder of Fulton, MD-based DataTribe, which helps launc...
Tags: Startups, Mobile, Facebook, Hardware, Internet, Entrepreneurship, China, Russia, Funding, San Francisco, Trends, Tech, Web, It, Malware, Cybersecurity


Graphcore Scores $200M to Scale Up A.I. Chip Production

One of the leading contenders in the A.I. chip race, Graphcore, announced Thursday it pulled down $200 million in a Series D fundraising round that set its valuation at $1.7 billion.The Bristol, UK-based startup, founded in 2016, has now secured a total of more than $300 million in financing from venture capital firms and other investors including Microsoft and the corporate venture arms of BMW and Dell Technologies.Graphcore’s big haul is a notable milestone in the recent revival of investor i...
Tags: Google, Deals, Startups, Facebook, Hardware, Microsoft, Internet, Entrepreneurship, Softbank, Funding, Samsung, San Francisco, Trends, Tech, It, Mit