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  • Friday, October 9, 2015

    Alibaba Opens Second Data Center In Silicon Valley

    Alibaba, the Chinese e-commerce giant, said Thursday that it has opened up a second, data center in Silicon Valley, as part of its AliCloud cloud computing business. Alibaba said the data center is the ninth facility for AliCloud, and is aimed at serving cloud and big data requirements for its customers on the West Coast. Alibaba's AliCloud offers up a wide range of cloud-based services, which parallel many of the services of Amazon Web Services....Continue →

  • Friday, October 9, 2015

    Adheron Therapeutics Acquired By Roche For $105M

    Berkeley-based Adheron Therapeutics has been acquired by Roche, in a deal worth $105M in an upfront payment, plus earnout worth up to an additional $475M. Adheron Therapeutics develops technology that disrupts immune cell adhesion, which is being applied to treatments for inflammatory and autoimmune diseases, including rheumatoid arthritis....Continue →

  • Thursday, October 8, 2015

    Aquantia Finds $37M

    San Jose-based Aquantia, a developer of semiconductors for the high speed, Ethernet market, said this week that it has raised $37M in a funding round. The Series H funding round came from Credit Suisse's Direct Equity Partners, GLOBALFOUNDRIES, Walden Riverwood and Cisco Investments. Aquantia develops high speed, 10Gb Ethernet silicon which specifically is aimed at the data center market. Cisco has been an investor in Aquantia since 2005.Continue →

  • Thursday, October 8, 2015

    Talkdesk Takes $21M From Salesforce, Others In Series A

    San Francisco-based Talkdesk, which develops cloud-based, contact center software which is highly connected to, has closed out its Series A financing at $21M, the company said Wednesday, after adding $6M in funding from Salesforce. Talkdesk--which had announced the remainder of the Series A in June--said the strategic investment was led by Salesforce Ventures, and also included existing investors DFJ and Storm Ventures....Continue →

  • Thursday, October 8, 2015

    Cytomx Sees Pop In IPO

    South San Francisco-based Cytomx had its IPO debut this morning, pricing last night at $12.00 per share, and rising as high as $17.02 this morning immediately after its IPO....Continue →

  • Wednesday, October 7, 2015

    Seagate Completes Dot Hill Systems Buy

    Cupertino-based Seagate Technology announced Tuesday that it has completed its acquisition of Dot Hill Systems Corp., the data storage developer. The deal was worth approximately $696M in cash. Seagate said it paid $9.75 per share in cash for each share of Dot Hill in the transaction, which was announced in August.Continue →

  • Wednesday, October 7, 2015

    Impossible Foods Finds $108M For Plant-Based Burgers

    Redwood City-based Impossible Foods, which is developing plant-based versions of meat and cheese, said today that it has raised $108M in a funding round. The Series D funding was led by UBS, and also included Viking Global Investors, Horizons Ventures, Khosla Ventures and Bill Gates. Impossible Foods is led by Patrick O. Brown.Continue →

  • Wednesday, October 7, 2015

    Pure Storage Debuts In IPO

    Mountain View-based Pure Storage debuted in its IPO this morning on the New York Stoge Exchange, trading under the symbol PSTG, after pricing its IPO at $17.00 per share last night. The company was trading around $16.22 in morning trading, down from its IPO. The company had priced at the mid-range of its initial estimated IPO range, which had been $16.00 to $18.00 per share. The company sold 25 million shares in its offering. Pure Storage develops flash-based storage arrays....Continue →

  • Wednesday, October 7, 2015

    AppDirect Gets $140M

    San Francisco-based AppDirect, which develops software to power cloud service marketplaces, has raised $140M in a new funding, bringing the firm's total to $245M. According to AppDirect, the new funding was led by J.P. Morgan Asset Management, and also included its prior investors, Foundry Group, iNovia Capital, Mithril Capital Management, StarVest Partners, and Stingray Digital. The company says it now has 350 employees....Continue →

  • Tuesday, October 6, 2015

    Apple Buys Perceptio

    Apple has acquired artificial intelligence startup Perceptio, which develops image recognition software. Financial terms of the acquisition were not disclosed. Perceptio was founded by Nicolas Pinto and Zak Stone. Perceptio was based in San Francisco.Continue →

  • Tuesday, October 6, 2015

    Neumob Gets $8.5M For Smartphone App Acceleration

    Sunnyvale-based Neumob, a developer of software to help accelerate apps running on smartphones, has raised $8.5M in a Series A funding, the company said last week. The funding was led by Accel Partners, and also included Shasta Ventures, Eniac Ventures and Lightbank Ventures. The company is led by Jeff Kim, who formerly was at content delivery network provides Akamai, BitGravity and CDNetworks.Continue →

  • Tuesday, October 6, 2015

    Breakout Labs Makes Four Investments

    San Francisco-based Breakout Labs, the investment arm of Peter Thiel's philanthorpic organization, the Thiel Foundation, has made investments in four companies. According to Breakout Labs, it has funded nanoGriptech, Maxterial, C2Sense, and CyteGen, which the investor said are "pushing the boundaries of science and technology". Size of the investments were not annoucned....Continue →

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