High Technology News and Information for the Pacific Northwest Region
|
High Technology News and Information for the Pacific Northwest Region |
|
 Thursday, November 5, 2009 Redfin Launch Crashes Site Seattle-based Redfin's launch of a website update stumbled Thursday, as traffic to the site caused a outage from roughly 6:40am until 9am, with intermittent access through the afternoon. The firm--which announced a rollout of a new update which featured significantly more photos and data on prior sales Thursday morning--said the web site is up, but that the firm is still looking to resolve the root cause of the issue. The firm said the downtime was related to both the increase in amount o (More info...) posted on Thursday, November 5, 2009(Full story) Clearwire Hires Two New Execs Kirkland-based wireless firm Clearwire said Thursday afternoon that it has named two new senior executives, who will help the firm with its market expansion plans. Clearwire said that David D. maquera has joined as Senior Vice President and Chief Strategy Officer, and Thomas Enraght-Moon as Senior Vice President and General Manager of CLEAR Online. Maquera joins from Cricket Communications/Leap Wireless, and has also served at Backwire and McKinsey & Company. Enraght-Moon joins from Match (More info...) posted on Thursday, November 5, 2009(Full story) Redfin Boosts Data, Photos, Blog Links Seattle-based Redfin said Thursday that it has upgraded its real estate web site, and is now returning details, photos, and prices of every property sold in the past two years in the areas that it serves. The firm said the updates added 9 million photos of 1.4 million, recently sold properties to the service. Redfin said the new data is available to users in Seattle and Washington DC, with registration required for users outside of those areas due to MLS requirements. Along with those upg (More info...) posted on Thursday, November 5, 2009(Full story) Light Sciences Oncology Gets $23.4M Credit Facility Bellevue-based Light Sciences Oncology has scored $23.35M in a credit facility, according to a regulatory filing from the firm Thursday. According to the filing, the firm received $23,347,833 as part of a credit facility, which came from 17 investors. The deal also includes $11.7M in warrant coverage. No details on the funding have been announced by Light Sciences, which is developing treatments for solid tumors and benign neoplasms. posted on Thursday, November 5, 2009(Full story) Classmates Cuts 71 Jobs Seattle-based Classmates.com, an online site which helps people connect with old friends and classmates, has cut 71 employees, according to the firm's parent, United Online. United Online announced the cuts, part of a restructuring at the company, during its conference call Wednesday afternoon. United Online said that the reduction in force occurred Tuesday, and represented 17% of its workforce in the Classmates segment. The firm also cut an additional 25 positions in its dial up and comm (More info...) posted on Thursday, November 5, 2009(Full story) Report: RealNetworks To Cut 70 Jobs A report today from the WSJ's Kara Swisher, says that Seattle's RealNetworks is cutting 70 employees today. The report was attributed to sources close to the firm. The cuts represent around 4% of the company's workforce. The cuts follow a cut of 800 employees by Microsoft yesterday, in what looks like a bad week for Seattle's high tech employment picture. posted on Thursday, November 5, 2009(Full story) Frazier Technology Ventures' Len Jordan Joins Madrona As FTV Winds Down Seattle-based Madrona Venture Group said Wednesday that Len Jordan, General Partners at Frazier Technology Ventures, is joining the firm, as FTV winds down its investing activities. According to Madrona, Jordan will join the firm effective the first of next year, and will identify and lead new portfolio investments out of its most recent, $250M fund. Jordan said that he will continue to represent FTV on the boards of Control4, DS-IQ, Media, and Wetpaint, saying that FTV is fully in (More info...) posted on Thursday, November 5, 2009(Full story) Clearwire Expands Into Philadelphia Kirkland-based Clearwire said today that the firm is expanding its service into Philadelphia, and has named a General Manager for the market. Clearwire said that Andrew Kupiec has been named GM for the Philadelphia market, as the firm launches consumer availability of the service in the city. The wireless carrier said that Philadelphia residents can sign up for its service on its web site, and also at four, CLEAR retail stores rceently opened in the area. Clearwire said its 4G service is (More info...) posted on Thursday, November 5, 2009(Full story) |
|