PYMNTS
JANUARY 30, 2020
Aurora, with logistical operations currently in Palo Alto, Pittsburgh, and San Francisco, has approximately a dozen self-driving vehicles used for testing on American public roads. 620 million has been financed to date, with Sequoia Capital, Amazon, and T. Rowe Price Associates contributing.
PYMNTS
JUNE 15, 2020
Square Capital LLC processed more than $820 million in Small Business Administration (SBA) Paycheck Protection Program (PPP) forgivable loans in six weeks, the firm reported. The San Francisco-based division of Square Inc., Last year, Square Capital did $2.3 billion in business loan volume. months’ worth of that volume.
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PYMNTS
JANUARY 22, 2019
In May Munchery said it was planning to focus on its largest market, which was San Francisco, in an effort to become profitable. Its venture capital investors included Greycroft, ACME Ventures (formerly known as Sherpa Capital), Menlo Ventures, e.Ventures, Cota Capital, M13 and others, noted reports.
Bank Innovation
JUNE 19, 2019
The Series C funding round, led by Andreessen Horowitz, will help the San Francisco-based company hire more engineers to help build out more products, according to Erica Dorfman, Tally’s head of finance and operations. […].
PYMNTS
OCTOBER 4, 2020
2) for DPCM Capital Inc. , There’s a real need for quick, confidential capital and price certainty and for sponsorship in the markets,” he said. Michael’s experience also includes a role as chief operating officer of Klout, an online personal influence measurement tool that was sold in 2014, the report stated.
PYMNTS
AUGUST 21, 2020
While many firms returned the money at Citi’s request, the bank said in court documents, a dozen have been sued after what the bank called an “operational error” caused it to transfer $900 million of its own funds to Revlon creditors one day after the troubled cosmetics company was sued over its restructuring tactics. On Tuesday (Aug.
PYMNTS
MAY 22, 2017
Menlo Ventures , the Silicon Valley venture capital firm, closed a new $450 million venture capital fund aimed at investing in early stage companies focused in the consumer, enterprise and so-called frontier technologies markets. The move is designed to put the VCs closer to where the action is.
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