silicon valley bank

Update: Petal’s no-fee credit card for the credit score-less is now open to the public

This post was updated to correct the names of the company’s founders and the fact that Petal makes money off of the interest payments its customers make.  Petal, the startup credit card company

A new unicorn is born: Root Insurance raises $100 million for a $1 billion valuation

Root Insurance, an Ohio-based car insurance startup with a tech twist, said Wednesday it has raised $100 million in a Series D funding round led by Tiger Global Management, pushing the company’s

The SEC has charged Mike Rothenberg with fraud

Mike Rothenberg, infamous Silicon Valley venture capitalist and founder of Rothenberg Ventures, has been formally charged by the Securities and Exchange Commission for overcharging investors to fund p

While tech waffles on going public, biotech IPOs boom

With our fixation on all things tech, we’re missing out on the big picture -- there are actually more biotech and healthcare startup IPOs than tech offerings.

Even raises $40M to transform the working class to the savings class

The working class of the United States doesn’t get many breaks these days. It’s not just a function of low pay and long hours, but also the incredible uncertainty of income and expenses that makes

Southern California needs to find its hub for it to develop its own tech ecosystem

Recognizing the tens of billions of dollars that the Southern Californian region leaves on the table, because it hasn’t taken its rightful place in the American technology industry, a new group

AltSchool wants to change how kids learn, but fears have surfaced that it’s failing students

Business Insider recently reported that numerous families have grown frustrated with the education their children are receiving at AltSchool, an ambitious San Francisco-based edtech company that four

Persado’s software-generated marketing messages can now be emotionally manipulative

There are few fields that have embraced the marketing potential and self-mythologizing power of machine learning as readily as marketing. Indeed, few industries seem more perfectly matched to this par

Trucker Path just lined up $30 million in debt to lend to the truckers on its platform

Trucker Path, a  three-year-old, Mountain View-based platform that helps connect drivers, brokers, shippers, and carriers, has just lined up $30 million in debt funding so it can start loaning some o

Rothenberg Ventures is going back to the same old Rothenberg Ventures

Rothenberg assigned the firm the name Frontier Tech Ventures in September 2016 after a series of events tarnished the brand, starting with an SEC investigation, which opened in July of 2016. What dr

Echo Health Ventures Rob Coppedge talks about the coming reckoning to health tech investments

Health tech investments have been red hot the last few years, but Rob Coppedge, the CEO of Echo Health Ventures says while the industry isn’t going to pop, it is a slowly deflating bubble. Echo

Silicon Valley Bank predicts a 2017 cure for the healthtech investment doldrums

Things are looking up for biotech and health device startups wanting to cash in on VC dollars or go public this year. According to Silicon Valley Bank’s latest report on healthcare investments a

Redis Labs raises $14M for its in-memory NoSQL database services

Redis Labs, the company behind the open source Redis data structure store, today announced that it has raised a $14 million Series C round led by Bain Capital Ventures and Carmel Ventures. The company

WorldRemit Gets $45M At A $500M Valuation To Grow Its Mobile Money Transfer Business

A year after raising $100 million, London-based startup WorldRemit has picked up more funding. To compete against the likes of Western Union in the world of money transfers — and tap a remi

Puppet Labs Secures $22M Credit From Silicon Valley Bank

Portland, Ore.-based DevOps company Puppet Labs today announced that it has secured a $22 million credit facility from Silicon Valley Bank. In addition, the company today appointed former Genentech

Smart City Company Telensa Lights Up $18M In Funding

<a target="_blank" href="http://www.telensa.com">Telensa</a> is quite possibly a U.K. tech success story you haven't heard of. The company, which develops 'smart city' solutions has made a land grab i

Casual Trading App Bux Raises $1.9M

Dutch startup <a target="_blank" href="http://getbux.com">Bux</a> is on a mission to open stock trading to a much larger market -- namely, those who have never traded before. Its casual trading app fo

Social Marketer Unified Raises $30M Round Led by iHeartMedia

<a target="_blank" href="http://www.unifiedsocial.com/">Unified</a> is announcing that it has raised $30 million in Series B funding, plus a $10 million credit facility from Silicon Valley Bank. Th

Why Amazon And Entrepreneurs Are Bullish On Mexico

Imagine a country with 100 million mobile phones, but just 15 percent of residents have a credit card. A country where more than half of the population is under age 27, but less than half has Internet

Redis Labs Raises $15M Series B For Its In-Memory, NoSQL Database Service

Redis Labs, a company that offers enterprise-grade services around the open-source NoSQL Redis database and memcached object caching system, today announced that it has closed a $15 million Series B f
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