Santa Clara County, California

Axis Security Named TiE50 Award Winner at TiEcon

Wednesday, September 2, 2020 - 5:30pm

SAN MATEO, Calif., Sept. 2, 2020 /PRNewswire/ --Axis Security, the secure application access company, today announced that it has been selected as a 2020 TiE50 Winner in the prestigious TiE50 Awards Program.

Key Points: 
  • SAN MATEO, Calif., Sept. 2, 2020 /PRNewswire/ --Axis Security, the secure application access company, today announced that it has been selected as a 2020 TiE50 Winner in the prestigious TiE50 Awards Program.
  • "Axis is honored to have been selected by the TiE50, Silicon Valley's premier annual awards program for early to mid-stage startups worldwide.
  • Besides the recognition associated with the TiE50 award, this year TiE50 also partnered with Meet the Draper's, a ground-breaking reality show to give an opportunity to some companies to pitch to the show," said Kamal Anand, TiE50 Program Chair.
  • Axis Security is a privately held company that is backed by Ten Eleven Ventures and Cyberstarts.

NTS Invests $700,000 to Expand Environmental and EMI/EMC Testing at Silicon Valley Lab to Keep Up with Demand

Thursday, August 27, 2020 - 5:00pm
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20200827005245/en/
    The custom designed temp-over-vibe chamber is located at the NTS Silicon Valley laboratory.
  • (Photo: Business Wire)
    The NTS Silicon Valley , custom designed, temp-over-vibe chambers are height adjustable for vibration testing in the X, Y, and Z axis.
  • NTS Silicon Valley is an immense test facility with advanced environmental, mechanical, EMI/EMC, wireless, and dynamics testing capabilities to serve customers across multiple sectors.
  • In fact, NTS Silicon Valley has more equipment, experience, and technical expertise than any other lab in the Bay Area.

Lumiata CEO Co-Leads the Plan for Small Businesses as Part of the Silicon Valley Recovery Roundtable

Wednesday, August 26, 2020 - 7:07pm

SAN MATEO, Calif., Aug. 26, 2020 /PRNewswire/ --Today, the Silicon Valley Recovery Roundtable (SVRR) released the final report,"Building a Better Normal."

Key Points: 
  • SAN MATEO, Calif., Aug. 26, 2020 /PRNewswire/ --Today, the Silicon Valley Recovery Roundtable (SVRR) released the final report,"Building a Better Normal."
  • The report outlines a series of recommendations designed to aid Silicon Valley's recovery from the economic fallout of the COVID-19 pandemic.
  • "It's important to me that diverse communities across Silicon Valley are not left behind in this economic recovery effort," said Jorge Zendejas, a software developer at Lumiata.
  • Based in the heart of Silicon Valley, Lumiata is an Artificial Intelligence company that helps healthcare organizationsmanage costs and risks.

Silicon Valley Leadership Group Supports AB 979, a Landmark Bill to Diversify Corporate Boardrooms

Tuesday, August 25, 2020 - 5:45pm

Its a new day in Silicon Valley, said Ahmad Thomas, CEO of the Leadership Group, one of the first, and most prominent business organizations to get behind the legislation.

Key Points: 
  • Its a new day in Silicon Valley, said Ahmad Thomas, CEO of the Leadership Group, one of the first, and most prominent business organizations to get behind the legislation.
  • [ Read about AB 979 here ]
    Stephen Milligan, board chair of the Leadership Group, agreed that this is an opportunity for partnership, and reflective of the Leadership Groups mission.
  • He is enthusiastic about the future work plan the Leadership Group is developing to promote diversity and racial justice initiatives.
  • Leadership Group members collectively provide nearly one of every three private sector jobs in Silicon Valley.

Industrial AI Solutions Startup MakinaRocks raises $10M in Series A

Wednesday, August 12, 2020 - 6:00pm

SEOUL, South Korea and SILICON VALLEY, Calif., Aug.12, 2020 /PRNewswire/ -- MakinaRocks, an industrial AI solutions startup aiming to revolutionize the world of manufacturing, announced today that it has successfully raised $10 million in Series A funding from prestigious global investors.

Key Points: 
  • SEOUL, South Korea and SILICON VALLEY, Calif., Aug.12, 2020 /PRNewswire/ -- MakinaRocks, an industrial AI solutions startup aiming to revolutionize the world of manufacturing, announced today that it has successfully raised $10 million in Series A funding from prestigious global investors.
  • MakinaRocks, based in Seoul and Silicon Valley, specializes in industrial AI with a primary focus on providing intelligent control for anomaly detection in manufacturing equipment and improved product quality.
  • In its 2018 seed-round funding, MakinaRocks was successful in securing some of the leading Korean conglomerates, SK Telecom, Hyundai Motors, and Naver, as investors.
  • Founded in 2017, MakinaRocks is a startup specializing in industrial machine intelligence.

HelloOffice Acquires Leading Workplace Strategy Team and Launches Silicon Valley Office

Wednesday, August 12, 2020 - 1:00pm

The companys new Silicon Valley office will be run by Jon Moeller, former Executive Vice President at CBRE.

Key Points: 
  • The companys new Silicon Valley office will be run by Jon Moeller, former Executive Vice President at CBRE.
  • Together, they bring nearly 40 years of combined experience to HelloOffice Silicon Valley.
  • Expanding our geographic footprint to Silicon Valley comes at a critical juncture where tech companies are embracing or experimenting with a hybrid workplace, said Justin Bedecarre, CEO, HelloOffice.
  • Our move to the Silicon Valley, along with launching workplace services, positions HelloOffice as the best way to find, design, and run workplaces built for the modern workplace era, said Bedecarre.

Q Analysts Ranked One Of The Largest Private Companies In Silicon Valley

Monday, July 27, 2020 - 1:05pm

SAN JOSE, Calif., July 27, 2020 /PRNewswire/ --Q Analysts announced today that it has been ranked one of the Largest Private Companies in Silicon Valley by the Silicon Valley Business Journal.

Key Points: 
  • SAN JOSE, Calif., July 27, 2020 /PRNewswire/ --Q Analysts announced today that it has been ranked one of the Largest Private Companies in Silicon Valley by the Silicon Valley Business Journal.
  • It serves as a strategic partner to its clients, including some of the world's largest and most recognizable technology companies.
  • Since 2003 Q Analysts has been working with Fortune 500 companies to help them bring the best technology products to market.
  • Q Analysts has over 500 employees worldwide, including its Q TestLab facilities in Kirkland, WA, Antananarivo, Madagascar, and Bangalore, India.

EdCast Recognized by USA Today & Comparably Among Best Companies for Diversity & Professional Development; CEO Karl Mehta Honored Along with Company for 4th Straight Year

Friday, July 24, 2020 - 11:00pm

These Comparably awards are granted after reviewing 10 million ratings from employees at over 50,000 companies.

Key Points: 
  • These Comparably awards are granted after reviewing 10 million ratings from employees at over 50,000 companies.
  • EdCast was founded in 2014, has grown to 300 employees, and has offices in Silicon Valley, India and the Netherlands.
  • "It is no surprise to see EdCast and its CEO Karl Mehta on these lists again in 2020."
  • "We are proud to be included on Comparably's and USA Today's lists of Best Companies for Diversity and Best Companies for Professional Development," says Karl Mehta, Founder and CEO of EdCast.

BPM’s Julie West Named to Silicon Valley Business Journal’s “40 Under 40” List

Friday, July 24, 2020 - 3:42pm

BPM, one of the 50 largest public accounting and advisory firms in the country, announced that Julie West , Partner and Chair of the Firms Corporate Tax Practice and Co-Chair of its Life Sciences industry group, has been selected as one of the Silicon Valley Business Journals 2020 40 Under 40, which recognizes young stars in Silicon Valley impacting their industries and communities.

Key Points: 
  • BPM, one of the 50 largest public accounting and advisory firms in the country, announced that Julie West , Partner and Chair of the Firms Corporate Tax Practice and Co-Chair of its Life Sciences industry group, has been selected as one of the Silicon Valley Business Journals 2020 40 Under 40, which recognizes young stars in Silicon Valley impacting their industries and communities.
  • Being a part of this exclusive list is extremely humbling, said West.
  • In her Life Science industry group role, West leads the development and organization of educational panels, roundtables and monthly meetings aimed at expanding the group and driving business development.
  • The Silicon Valley Business Journal will recognize West and the other 2020 40 Under 40 honorees via a virtual webinar celebration on August 13.

Riiid closes US$41.8 million funding round to accelerate global business expansion

Friday, July 24, 2020 - 7:58am

YJ Jang, Riiid's CEO, said, "Riiid successfully completed domestic funding amid a slower investment environment due to the unprecedented COVID-19 pandemic and has made significant progress in negotiating with overseas financial investors to accelerate global expansion."

Key Points: 
  • YJ Jang, Riiid's CEO, said, "Riiid successfully completed domestic funding amid a slower investment environment due to the unprecedented COVID-19 pandemic and has made significant progress in negotiating with overseas financial investors to accelerate global expansion."
  • Ultimately, the new financing will help accelerate the company's global expansion across the U.S., South America, Middle East and beyond.
  • To support the effort, Riiid Labs, the global arm of Riiid, has been established in Silicon Valley to solidify the company's position as an AI technology company in the global education market.
  • Riiid launched 'Riiid Labs,' the firm's global arm based in Silicon Valley, California, in 2020 and continues to expand its business across the US, South America, Middle East and beyond.