Norwest Venture Partners, an investment firm backed by Wells Fargo, has raised $3 billion to invest in early- and late-stage startups. The Palo Alto-based firm focuses on consumer, enterprise and healthcare businesses. In an interview with PitchBook, Norwest parter Lisa Wu said the firm is also exploring investments in the crypto sector. Norwest’s past investments include online education...
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Reality Check Facebook AR/VR
New Details on the Magic Leap 2; Twitter Says Goodbye to Oculus
Earlier this week, Magic Leap disclosed some new information about its upcoming headset at a conference held by the International Society for Optics and Photonics. In particular, Magic Leap detailed plans for the Magic Leap 2’s controller and operating system that make the device sound promising.While pivoting to enterprise AR to and reset its public image (so long, whimsical leaper logo),...
Credo Technology Climbs 17% In Public Debut
Apple Boosts Revenue 11% in December Quarter
Meta’s Kustomer Acquisition Wins EU Approval
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.
Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.
Recent Popular Stories
Exclusive Venture Capital Startups
Tech’s Great Headhunter Shortage: Employers Shower Recruiters With Better Pay, Benefits
Opinion Media/Telecom Entertainment
Why YouTube Sees Hollywood’s Future in the Creator Economy
Exclusive Startups E-commerce
Inside Gopuff’s Ambitious and Costly Bid to Dominate European Instant Delivery
Executives at Gopuff, a U.S. instant-delivery company that has planned to go public this year, recently told investors that its foray into Europe, which began last year, has topped expectations: The business is on pace to generate $100 million in annual revenue there, or about 5% of its overall revenue currently, and is growing three times faster than it had projected, according to two people with direct knowledge of the discussions.