Category: Redwood City
Bessemer Venture Partners closes on $3.3 billion across two funds
Another major VC firm has closed two major rounds, underscoring the long-term confidence investors continue to have for backing privately-held companies in the tech sector. Early-stage VC firm Bessemer Venture Partners announced Thursday the close of two new funds totaling $3.3 billion that it will be using both to back…
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FDA allows new diagnostic technologies to test for coronavirus before receiving emergency approvals
The U.S. Food and Drug Administration said today that it would allow new diagnostics technologies to be used to test for the novel coronavirus, COVID-19, at elite academic hospitals and healthcare facilities around the country. The agency’s new initiative comes as critics have assailed various U.S. government agencies for being…
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