High Technology News and Information for the Pacific Northwest Region
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High Technology News and Information for the Pacific Northwest Region |
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 Friday, May 16, 2008
Glassdoor Boosts Board With Travel Heavyweights Sausalito, California-based Glassdoor.com, a stealth startup funded by Zillow's Rich Barton and former Expedia exec Robert Hohman, said earlier this week that t has added Eric Blachford, CEO of TerraPass and former President of CEO of Expedia; Stephen Kaufer, President and CEO of Tripadvsor; and Rusty Rueff, former CEO of SNOCAP, to its board. The three join Rich Barton and Hohman on its board of directors. (More info...) posted on Friday, May 16, 2008(Full story) EED Boosts Bizdev Kirkland, Washington-based Electronic Evidence Discovery said this week that it has appointed Robert Cruz as the firm's Director of Business Alliances. Cruz joins the firm from Enterra Solutions, where he was VP of Sales and Business Development. Cruz has also served at IBM FileNet, Microsystems and Hewlett-Packard. Electronic Evidence Discovery (EED) develops software for the litigation support and electronic legal discovery market. posted on Friday, May 16, 2008(Full story)
Thursday, May 15, 2008
Amazon Funds Animoto Seattle-based Amazon.com has funded a New York-based firm creating tools to allow users to create personalized videos from photo and music, Animoto. Animoto did not disclose the amount of the funding. Animoto's photo sharing application automatically creates photo slideshows and effects, using photos uploaded by a user or imported from web photo services, and music from Animoto or from a user. posted on Thursday, May 15, 2008 (More)(Full story) Mentor Graphics Purchases Ponte Solutions Wilsonville, Ore.-based Mentor Graphics Corp., a publisher of electronic hardware and software design applications, announced today that it has acquired Ponte Solutions Inc. Terms of the deal were not disclosed. Headquartered in Mountain View, Calif., Ponte Solutions develops model-based design for manufacturing software that minimizes process variability during the manufacture and design of semiconductors. (More info...) posted on Thursday, May 15, 2008(Full story) Strands Acquires Social Money Site NetworthIQ Strands, creator of a money-managing Web site, announced Thursday that it has acquired NetworthIQ.com, a personal finance Web site that allows people to track, share and compare their net worth. Terms of the deal were not disclosed. Launched in 2005, NetworthIQ offers its users the ability to track their financial progress and anonymously share the results with other members of the community. The site was founded by Fourio, a Portland, Ore.-based startup. (More info...) posted on Thursday, May 15, 2008(Full story) Fate Therapeutics Adds CEO, Chairman Seattle-based biopharmaceutical firm Fate Therapeutics reported Wednesday that it has hired Paul A. Grayson as president and chief executive officer and appointed John Mendlein as executive chairman. Prior to joining Fate Therapeutics, Grayson was managing director of Sanderling Ventures. He has also served as chairman of Naviscan PET Systems and CalciMedica's board of directors. Until recently, Mendlein was CEO of Adnexus Therapeutics, which Bristol-Myers Squibb Co. (More info...) posted on Thursday, May 15, 2008(Full story) SecondSpace Opens Canadian, UK Sites Online real estate marketplace SecondSpace Inc. revealed Wednesday that it has officially launched three Web sites for residents in Canada and the United Kingdom who are seeking a second home. The firm said the new sites will offer more than 600,000 properties, including new developments, luxury condos, villas, ski chalets, cottages, ranches and acreages throughout the United States, Canada and more than 40 other countries. (More info...) posted on Thursday, May 15, 2008(Full story)
Wednesday, May 14, 2008 Talyst Takes $20M In Third Round Bellevue-based Talyst said today that it has received $20M in a third round of investment. The funding came from prior investors AIG Investments, Ignition Partners and OVP Venture Partners. According to the company, only $8.5M of that commitment has been funded, with the remaining balance available to the company when needed. The firm said it will use the investment to pursue continued growth and expand its product offerings to new market segments. (More info...) posted on Wednesday, May 14, 2008 (More)(Full story) Cytopeia Acquired By Beckton Dickinson Becton, Dickinson and Co. announced Tuesday that it has acquired Cytopeia, a Seattle-based bioengineering firm. Terms of the deal were not disclosed. BD said Cytopeia's flagship product, the Influx flow cytometry cell sorter, grants BD a configurable cell-sorting platform that researchers can optimize for their application-specific needs. Cytometry is the counting of blood cells, generally with the use of a cytometer. BD said Dr. (More info...) posted on Wednesday, May 14, 2008(Full story) HemCon Acquires Ireland-Based Alltracel Pharma HemCon Medical Technologies announced Wednesday that it has concluded its cash-for-stock acquisition of Alltracel Pharmaceuticals Plc. Terms of the deal were not disclosed. HemCon said it made the purchase through its newly formed and wholly owned subsidiary, Castlerise Investments Ltd. Headquartered in Dublin, Ireland, Alltracel licenses its technologies across the cosmeceutical, nutraceutical and wound-care markets. (More info...) posted on Wednesday, May 14, 2008(Full story) Teseda Raises Series B Funding Teseda Corp., a publisher of silicon production testing and debugging software, announced Wednesday that it has closed a second round of venture financing after raising an undisclosed amount of funding. The Portland, Ore.-based business welcomed first-time investor KT Venture Group LLC, the investment partner of KLA-Tencor Corp. (More info...) posted on Wednesday, May 14, 2008 (More)(Full story)
Tuesday, May 13, 2008 PivotLink Taps Postini For CEO Seattle-based business analytics software firm PivotLink has snagged the former CEO of Postini as its new CEO, the company said today. PivotLink said that Quentin Gallivan, who led Postini's acquisition by Google last year, will serve as the firm's president and CEO. Current CEO Frank Fulton will return as Senior Vice President of Operations and Services. Postini was acquired by Google in September of 2007 for $625M. Gallivan has also served at VeriSign, Netscape, and GE Information Services. posted on Tuesday, May 13, 2008(Full story) HipCricket Hires Engineering VP HipCricket, a publisher of marketing software that targets mobile users, reported Tuesday that it has hired Greg York as vice president of engineering. The Kirkland, Wash.-based company described York as a mobile technology veteran who most recently served as vice president of engineering at VoiceBox. Before that, he was vice president of technology at GiftCertificates, where he helped create customer loyalty incentives for T-Mobile, Cingular and Coca-Cola customers. (More info...) posted on Tuesday, May 13, 2008(Full story) Microsoft, HOYA In Patent Deal Computing kingpin Microsoft Corp. revealed Monday that it has signed a patent cross-licensing agreement with HOYA Corp.'s Pentax Imaging Systems Division. Terms of the deal were not disclosed. However, Microsoft did divulge that Pentax is providing compensation. By sharing their intellectual properties, Microsoft explained, the two companies will be able to enhance existing product lines and develop future ones. (More info...) posted on Tuesday, May 13, 2008(Full story)
Monday, May 12, 2008
JanRain Teams On Security Verification Feature Portland, Oregon-based JanRain, a developer of software for the OpenID, open source user authentication standard, said this morning that it has teamed with Positive Networks. According to the firms, the two have worked together to create CallVerifID, a two-factor authentication product for phones. The service uses a phone call to verify users using the myOpenID service. (More info...) posted on Monday, May 12, 2008(Full story) Bag Borrow or Steal Expands Into Sunglasses Bag Barrow or Steal, the online retailer of designers handbags and jewelry, said today that it has expanded into sunglasses. The firm said that it will begin offering more than 100 styles of eyewear from 25 designers. Bag Borrow or Steal runs a service which allows its customers to rent handbags, jewelry, and now, sunglasses. The firm said it would charge anywhere from $25 to $200 each month for renting each pair of sunglasses. (More info...) posted on Monday, May 12, 2008(Full story) Movaya Signs Mpowerplayer Seattle-based Movaya, publisher of a Web-based, e-commerce platform for mobile transactions, revealed today that its PlugNPlay purchasing software has been integrated into Mpowerplayer's desktop arcade. The financial impact of the deal was not disclosed. Headquartered in Reston, Va., Mpowerplayer provides online game demos for mobile users. (More info...) posted on Monday, May 12, 2008(Full story) iMove Secures $4.25M in Series B Funds Video surveillance equipment manufacturer iMove Inc. announced Monday that it has concluded its second round of venture financing after raising some $4.25 million in funds. iMove credited technology investment firm Oxantium Ventures with leading the effort. iMove noted that Oxantium’s Drew Bewick will join iMove's board of directors as a result of Oxantium's investment. iMove also reported that it has relocated its Portland, Ore., headquarters to new, more expansive facilities within the city. (More info...) posted on Monday, May 12, 2008 (More)(Full story)
Friday, May 9, 2008 Fanzter Launches Coolspotters Fanzter, the Web 2.0 startup backed by Zillow's Rich Barton, Second Avenue Partners, and Curious Office Partners, said this week that it has officially launched a public beta of Coolspotters, a social web application focused on spotting trends and following the fashions of celebrities and other public figures. The firm is looking to tap into pop culture and allows users to share and discover product that celebrities are using. (More info...) posted on Friday, May 9, 2008(Full story)
Thursday, May 8, 2008 RealNetworks Looks To Spin Off Casual Games Business Seattle-based RealNetworks said Thursday that it plans to separate its global casual games business into an independent company, and may potentially first IPO up to 20% of the firm. According to a statement by RealNetworks Chairman and CEO Rob Glaser, the firm believes that spinning off the business will give it "the best opportunity to continue to flourish and lead." Real's casual gaming business had 2007 revenues of $108.5M, and revenues of $31.8M in the first quarter of 2008. (More info...) posted on Thursday, May 8, 2008(Full story) Mentor Signs NXP Semiconductors Wilsonville, Oregon-based Mentor Graphics, a developer of semiconductor design tools, said earlier this week that it has partnered with NXP Semiconductors on sharing design tools. NXP Semiconconductors is a Philips NV spinoff which develops semiconductors for the mobile phone, consumer electronics, and other industries. (More info...) posted on Thursday, May 8, 2008(Full story) Zillow Adds Keller Williams Seattle-based online real estate listings service Zillow.com revealed Thursday that residential realtor Keller Williams has joined Zillow’s Listings Feed program. The financial impact of the deal was not disclosed. Zillow identified Keller Williams as North America's fourth-largest real estate franchise operation. Founded in 1983, Keller Williams Realty Inc. boasts more than 650 offices and 73,000 associates in the United States and Canada. (More info...) posted on Thursday, May 8, 2008(Full story)
Wednesday, May 7, 2008 Sprint, Clearwire to Merge WiMAX Businesses Telecommunications stalwart Sprint Nextel Corp. announced Wednesday that it and fellow telecom Clearwire Corp. have agreed to combine their wireless broadband businesses and form a new wireless communications company. Sprint said the new company will be named Clearwire and will focus on deploying a nationwide mobile WiMAX network for virtually all markets, including consumers, small businesses, medium and large enterprises, public safety organizations and educational institutions. (More info...) posted on Wednesday, May 7, 2008(Full story) Name Intelligence Acquired By Domain Name Firm Seattle-based Name Intelligence, a provider of domain name tools for domainers and domain name owners, has been acquired. Los Angeles-based Thought Convergence, a provider of tools for the domain industry, said it completed its acquisition of Name Intelligence Tuesday. Financial terms were not disclosed. Name Intelligence operates DomainTools, a collection of online tools for researching and buying domain names, and also runs the Domain Roundtable conference. (More info...) posted on Wednesday, May 7, 2008(Full story) Blue Nile Names Former Starbuck Exec Stolzman CFO Seattle-based online jeweler Blue Nile Inc. reported Tuesday that it has named Marc Stoltzman its next chief financial officer. Blue Nile said Stolzman, whose official start date will be June 9, will supervise the company's accounting and reporting, financial planning and analysis, tax, treasury and investor relations. He will report to Diane Irvine, Blue Nile’s chief executive officer. Blue Nile said Stolzman hails from Imperium Renewables, where he has served as CFO since March 2007. (More info...) posted on Wednesday, May 7, 2008(Full story) |
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