Silicon Valley Journals 
Ronbow, a California-based firm, seeks to use its unique design and production software to minimize delivery times and prices for customizable cabinets. Celtic House Asia Partners led a $10.5 million Series A financing for the four-year-old company, which will be used to expand showroom locations. AME Cloud Ventures, a fund founded by Yahoo founder Jerry … Read more
Mojo Vision, a high-performance micro-LED company, announced a new Series A investment round of $22.4 million today to accelerate the development and commercialization of its micro-LED display technology for consumer, enterprise, and government applications. Existing investors NEA and Khosla Ventures lead the round, with participation from Dolby Family Ventures, Liberty Global Ventures, Fusion Fund, Drew … Read more
Cradlepoint, a subsidiary of Ericsson, has announced the acquisition of Ericom Software, which will support Cradlepoint’s strategy of developing a full-stack enterprise security service optimized for 5G. The deal’s value was not disclosed in the announcement. The new Cradlepoint NetCloud Threat Defense cloud service will be built on Ericom’s zero trust and cloud-based security solutions, … Read more
On Tuesday, Applied Industrial Technologies announced the acquisition of Advanced Motion Systems Inc., a provider of automation products, services, and engineered solutions specializing in machine vision, robotics, and motion control products and technologies. The transaction’s terms were not disclosed. We are pleased to welcome AMS to Applied as we continue to expand our automation platform.AMS … Read more
Jon-Don, a leading provider of commercial supplies, equipment, consumables, and know-how to specialty contractors, is pleased to announce the acquisition of Coatings Hub, a concrete coatings distributor based in Santa Ana and Los Angeles. Coatings Hub has a solid reputation for quality and dependability, making them an excellent partner for Jon-Don. Their knowledge of concrete … Read more
Fanatics has acquired EPI, an Italian e-commerce company that works with many of the country’s top soccer clubs, in a deal that will broaden the company’s international reach. As part of the deal, Fanatics will acquire soccer equipment retailer Pitch Football Store from a consortium led by Milan-based private equity firm Quadrivio Group. EPI, which … Read more
Virgin Orbit declared bankruptcy on Monday April 3, just days after failing to secure two financing deals and furloughing the majority of its employees. The California-based company has begun the process of filing for Chapter 11 bankruptcy, also known as “reorganization bankruptcy,” which allows the company to continue basic operations while it seeks a buyer. … Read more
Security Source has been acquired by Pavion, a leading provider of integrated solutions for fire, safety, security, and critical communications. This acquisition adds a dynamic team of security professionals who provide customers with a quick, focused, and flexible process for servicing national accounts across a wide range of multi-location verticals. Pavion has made fourteen acquisitions … Read more
Blackfoot Communications today announced plans to invest more than $76 million in rural Montana fiber-based broadband. The state of Montana awarded more than $60 million in ConnectMT grants, with Blackfoot contributing more than $16 million to fully fund the project. Blackfoot Communications received seven grants to provide broadband to the counties of Granite, Missoula, Ravalli, … Read more
LayerZero Labs, the company behind the leading messaging protocol LayerZero, has closed a $120 million Series B fundin round, valuing the company at $3 billion. a16z crypto, BOND, Christie’s, Circle Ventures, OKX Ventures, OpenSea Ventures, Samsung Next, and Sequoia Capital were among the 33 investors who participated in the round. LayerZero is a messaging protocol that … Read more