Silicon Valley Journals

GrubMarket expands its reach with the acquisition of Washington-based produce distributor

by
GrubMarket expands its reach with the acquisition of Washington-based produce distributor

GrubMarket, a San Francisco-based online marketplace for farm-fresh produce, has acquired Washington-based produce distributor, Fresh Choice Produce. The acquisition, which was completed earlier this week, will help GrubMarket expand its reach in the Pacific Northwest. Fresh Choice Produce was founded in 2001 and has been providing high-quality produce to foodservice, retail, and wholesale customers for … Read more

Atlassian Lays Off 500 Employees

by
Atlassian Lays Off 500 Employees

Atlassian, an Australian software company, has laid off five percent of its global workforce, equivalent to around 350 employees. The company stated that it is refocusing on its cloud-based IT service management (ITSM) product, Jira Service Management. The layoffs will reportedly impact employees across all of Atlassian’s locations, including its Sydney headquarters and offices in … Read more

Cognosos Raises $25 Million to Solidify Its Leadership Position in Asset Visibility and Intelligence

by
Cognosos Raises Million to Solidify Its Leadership Position in Asset Visibility and Intelligence

Cognosos announced today that it has raised a $25 million growth round from Riverwood Capital to cement its position as the leader in intelligent asset tracking. Many of the world’s most recognizable brands, including the world’s largest automobile manufacturers and healthcare providers, rely on Cognosos’ real-time location services and process optimization software platform to track … Read more

Pharmacy Marketplace Closes Series Seed Financing

by
Pharmacy Marketplace Closes Series Seed Financing

Pharmacy Marketplace has announced the completion of its Series Seed-3 financing round, which included participation from Live Oak Ventures, the investment arm of Live Oak Bancshares, Inc. The partnership promotes the scalability and accessibility of the Pharmacy Marketplace software, which serves independent pharmacies worldwide. As the pharmaceutical market evolved, pharmacy owners created Pharmacy Marketplace to … Read more

Consensus Raises $110M from Sumeru Equity Partners to Accelerate Growth

by

Sumeru Equity Partners has invested $110 million in Consensus, the leading intelligent demo automation platform. Sumeru Equity Partners invested $110 million in Consensus, the first Intelligent Demo Automation Platform focused on scaling Presales teams with interactive video demos. Intelligent demo automation has become a necessity to drive growth and efficiency as economic uncertainty looms and … Read more

Seattle-based Company Aiberry Raised $8M Seed Funding to Accelerate AI-Powered Mental Health Screenings

by
Seattle-based Company Aiberry Raised M Seed Funding to Accelerate AI-Powered Mental Health Screenings

Aiberry, the pioneer in AI-powered mental health screening, announced today that it has raised $8 million in seed funding led by Confluence Capital Group, with participation from the VC fund Ascension AI. The new funds will be used to accelerate adoption of the Aiberry platform, which uses an AI-powered therapeutic assistant to conduct a conversation … Read more

Wave Life Raises US$6M Financing to Increase Mental Health Access For Gen Z

by
Wave Life Raises USM Financing to Increase Mental Health Access For Gen Z

Wave Life, the science-backed mental health platform aimed at Gen Z, has completed a $6 million seed investment led by Santé Ventures. Hannah Grey, Joyance Capital, Gaingels, and Telocity Ventures have also contributed. Wave Life will be able to refine their product offering and expand further into the employer space, where mental health has become … Read more

Glider AI Raised $10M Series A funding Led by Primera Capital

by
Glider AI Raised M Series A funding Led by Primera Capital

Glider AI, a Skill Intelligence Platform, has closed a $10 million Series A funding round led by Primera Capital and other industry leaders. Staffing Industry Analysts (SIA) named the company’s HR technology the most innovative, and it will use the funds to expand its contingent and permanent hiring programs, develop proprietary technology, and grow its … Read more

New York City-based Fintech Startup Fynn Raised $36M Seed and Debt Funding Round

by
New York City-based Fintech Startup Fynn Raised M Seed and Debt Funding Round

Fynn, a fintech lender that provides private student loans to America’s skilled workforce, announced today the completion of a $11 million seed round and a $25 million debt facility. Y Combinator, Susa Ventures, Village Global, Tenacity Venture Capital, and Watchfire Ventures are among the early investors. The seed funding will be used to expand Fynn’s … Read more

HR tech company Tilt Raised $10 Million in funding, led by Origin Ventures

by
HR tech company Tilt Raised Million in funding, led by Origin Ventures

Tilt , a HR tech company has raised $10 million in funding, led by Origin Ventures and featuring participation from existing investors, including Firework Ventures. The firm plans to use the funding to invest in its technology and partnerships, while scaling its team to meet increasing demand for its leave of absence (LOA) management platform. … Read more