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Monday, June 3, 2019

LevelTen Energy Finds $20.5M In Series B

Seattle-based LevelTen Energy, LevelTen said on Monday that it has raised a new round of funding. LevelTen--which is an alumni of the Techstars accelerator programs--said it raised $20.5M in a Series B funding. The funding was led by Prelud...

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Tuesday, April 10, 2018

Frazier Healthcare Partners Raises $780M Healthcare Buyout Fund

Seattle-based Frazier Healthcare Partners said on Tuesday that it has closed a $780M, growth buyout fund, Frazier Healthcare Growth Buyout Fund IX, L.P., which is its second buyout fund focused exclusively on profitable healthcare companies...

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Friday, January 19, 2018

Pioneer Square Labs Finds $15M For Startup Studio

Seattle-based Pioneer Square Labs has raised $15M in funding to scale out its "startup studio" efforts, according to the company, in a round led by Foundry Group. According to Pioneer Square Labs, the funding also included its existing 12 v...

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Tuesday, January 2, 2018

Pioneer Square Labs Raises $40M For First Investment Fund

Seattle-based startup studio Pioneer Square Labs has just raised $40.7M in funding for its very first, venture capital fund, Pioneer Square Ventures Fund I, L.P., the company revealed in a regulatory filing over the holiday. Details on the ...

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Tuesday, October 31, 2017

Madrona's Wonder Workshop Gets $41M More For Teaching Robots

Wonder Workshop, the developer of educational, robotic toys that help kids to learn programming skills--which is backed by Seattle's Madrona Ventures--has raised $41M more, in a Series C funding. The funding came from Tencent Holdings, Soft...

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Wednesday, July 12, 2017

Ignition's Artale Resigns Over Harassment Allegations

Seattle-based venture capital investment firm Ignition Partners says that co-founder and Managing Partner Frank Artale has resigned from the firm, after allegations of inappropriate conduct. In a statement, Ignition said that it received ...

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Friday, October 7, 2016

Q3 Investments Total $15 Billion Says New PitchBook-NVCA Report

Venture capital investments for Q3 totaled $15 billion spread across 1800 companies, according to the inaugural report from Seattle data provider PitchBook and the National Venture Capital Association. The report--the first for the two in a...

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Thursday, August 11, 2016

Ignition Partners Names New Venture Partner In Silicon Valley

Seattle-based venture investor Ignition Partners has added a new venture partner, the company said yesterday, adding Nick Triantos in the company's Silicon Valley office. Ignition Partners said Triantos will work out of the firm's Los Altos...

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Tuesday, April 12, 2016

Maveron Raising New $100M Fund

Seattle-based venture investor Maveron has launched an effort to raise $100M fund, the Maveron Equity Partners VI fund, according to a regulator filing from the firm filed on Monday. The firm has not yet taken any initial investors into the...

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Friday, January 29, 2016

Seattle-Tacoma Among Top Markets For Venture Capital

A new study, released by the National Venture Capital Association, has tallied up funding in 2015 and found that the Seattle-Tacoma-Bellevue metropolitan area is now number six in the nation in terms of venture investments. The study, which...

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Friday, October 16, 2015

Washington, Oregon VC Investments Total $440.8M In Q3

Venture capital investments in Washington and Oregon totaled $440.8M in Q3, according to the latest numbers from the PricewaterhouseCoopers/National Venture Capital Association's MoneyTree report, which was released last night. Washingt...

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Wednesday, September 9, 2015

Chef Scores $40M Funding Round For DevOps Automation

Seattle-based DevOps automation software developer Chef> has raised $40M in a Series E funding, the company announced today, from DFJ Growth, Millennium Technology Value Partners, as well as Battery Ventures, Citi Ventures, Draper Fisher Ju...

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Friday, April 17, 2015

Washington, Oregon Get $341.0M In Venture Investments In Q1

Washington and Oregon had a total of $341.0M in venture investments in Q1 of 2015, as venture deals in the region slowed significantly in the quarter, compared with Q4, according to the PricewaterhouseCoopers/National Venture Capital Assoc...

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Tuesday, December 2, 2014

Socrata Scores $30M

Seattle-based cloud data software developer Socrata said this morning that it has raised $30M in a venture funding, the company's Series C. The new funding was led by Sapphire Ventures (formerly SAP Ventures), and also included existing inv...

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Friday, July 18, 2014

Pacific Northwest Venture Totals Rise To $408.7M In Q2

Venture capital investments in the Pacific Northwest rose to $408.7M in Q2 of 2014, according to the numbers released last night by PricewaterhouseCoopers and the National Venture Capital Association in their quarterly Money Tree report. ...

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Wednesday, May 14, 2014

Maveron Backs DarbySmart For DIY Craft Delivery

Seattle-based venture investor Maveron is the lead investor today for an investment in do-it-yourself (DIY) craft delivery service DarbySmart. DarbySmart announced this morning that it has raised $6.3M in a funding round for its monthly del...

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Thursday, March 27, 2014

Flowboard Finds $750K For iPad Presentation App

Seattle-based Flowboard, which develops mobile presentation apps for the iPad, has raised $750,000 in a funding round, the company said this week. The company said the funding came from several angel investors. As part of the investment, Vi...

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Monday, December 9, 2013

Clarity Health Services Lands $6.6M

Seattle-based Clarity Health Services, which provides healthcare care coordination services and technology, said Monday that it has raised $6.6M in a funding round. The round was led by Columbia Pacific Advisors' Opportunity Fund. The compa...

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Tuesday, November 5, 2013

Zemanta Sets Seattle Tech Vet Todd Sawicki CEO, Raises $2M

Zemanta, a developer of content discovery software used by publishers and blogs to distribute and expose their content to new readers, has appointed Seattle startup veteran Todd Sawicki as its CEO. The company also announced $2M in new fund...

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Monday, October 14, 2013

TechStars Azure Incubator Grad Embarke Gets Seed Funding

Embarke, a developer of email optimization tools for marketers--and a graduate of the Microsoft Accelerator for Windows Azure, the Seattle-based affiliate of TechStars incubating cloud-based apps--has raised $1.25M in a seed funding round. ...

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Tuesday, October 8, 2013

iSpot.tv Finds $5M For TV Tracking

Bellevue-based iSpot.tv, which provides a competitive benchmarking service that analyzes television commercials for ad agencies and broadcasters, has raised $5M in a Series A funding. The funding came from Madrona Venture Group and TL Ventu...

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Monday, September 30, 2013

Porch Aims To Raise $27.7M In New Funding Effort

Newly launched, Seattle home improvement information site Porch is in the midst of a big fundraising round, looking to raised $27.7M in funding, according to a regulatory filing by the company last week. That filing says that the company ha...

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Tuesday, September 24, 2013

Ignition Backs Cloud Startup BlueData

Seattle-based venture investor Ignition Partners is the lead investor in big data, cloud startup BlueData, BlueData said today. The Series B funding was worth $15M, and also included Atlantic Bridge Ventures, Intel Capital, Amplify Partner...

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Wednesday, September 18, 2013

Nuiku, With $1.6M In The Bank, Looks To Help Sales People With AI

A new, Seattle-based startup, Nuiku, said this morning that it has received $1.6M in a seed funding round, and has launched its mobile apps to help streamline the life of sales professionals. The startup, headed by Sean Thompson, said today...

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Monday, September 9, 2013

Industry Ventures Sets Up Shop In Seattle

Need venture funding? Seattle has a new investment firm in town, which is hoping to bolster its venture capital efforts here. According to Industry Ventures, a venture capital investor which manages over $1 billion in funds, it is expanding...

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Thursday, August 22, 2013

Former Windows President Sinofsky Joins Andreessen Horowitz

Former Microsoft executive Steven Sinofsky, who had been President of Microsoft's Windows efforts, has joined venture capital investor Andreessen Horowitz, Sinofsky announced last night. Sinofsky, at one time, had been considered a top choi...

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Monday, July 15, 2013

Seattle-Tacoma-Bellevue Ranks Among Top Metros for VC Per Capita

A new study of the number of venture capital deals per-capita has found that the Seattle-Tacoma-Bellevue metro area is among the top ten markets in the country for venture capital deals. The new report from The Atlantic, found that Seattle-...

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Tuesday, May 7, 2013

DFJ Frontier Bolsters Seattle Presence With Former MSNBC Head Merrill Brown

DFJ Frontier, the venture capital firm which has an office in Portland, is bolstering its Pacific Northwest connections today, saying that it has added former Seattle resident and MSNBC.com founder Merrill Brown as a Venture Partner. DFJ Fr...

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Tuesday, April 9, 2013

Donuts Dunks Into New Funding Round

Bellevue, Washington-based top level domain registrar startup Donuts Inc. has just dipped into a new glass of funding, saying this morning that it has raised a new, Series B funding round. The new funding comes on top of its existing, $100M...

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Friday, April 5, 2013

Jeff Bezos Backs Online News Site Business Insider

Jeff Bezos, CEO and founder of Amazon.com, has a new company in his portfolio this morning: Business Insider, the online news site run by Henry Blodget. The Business Insider said that the firm raised $5M from Jeff Bezos and its existing inv...

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Wednesday, February 27, 2013

LiveMocha Lands $240K In Funding

Bellevue-based online language learning site LiveMocha has raised $240,000 in new funding, according to a regulatory filing by the firm today. Details on the funding have not been announced by the company. The filing indicates the funding c...

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Wednesday, February 6, 2013

Madrona Adds Big Data, Cloud Expert As Venture Partner

Seattle-based venture investor Madrona Venture Group is bolstering the firm's experience in the big data and cloud area, with the new hire of a Venture Partner. Madrona said it has added Ted Kummert, a 23 year Microsoft veteran, as Venture ...

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Monday, February 4, 2013

Ignition's Reboot Emblematic Of Venture Industry's Woes

The big reboot over at Seattle's Ignition Partners turned some heads here in the Pacific Northwest, as yet another regional fund fell victim to headwinds in the venture capital industry. However, as the WSJ reports, what Ignition has been g...

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Thursday, January 24, 2013

Ignition Scales Back Fund Size, Partners

Seattle-based venture investor Ignition Partners is making some big--very big--changes to its structure, according to reports Thursday evening, and plans to raise a $150M fund with only three senior partners. According to FORTUNE, which bro...

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Thursday, December 6, 2012

Naya Ventures Launches $50M Fund

Naya Ventures, a early stage venture capital fund focused on the mobile and cloud market, said today that it has had a first close on a new, $50M fund. The firm--which has offices in Seattle--is led by Dayaka Puskoor, a former Microsoft exe...

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Wednesday, November 28, 2012

Bizible Gets $1.7M

Seattle-based Bizible said this week that it has raised $1.7M in a Series A funding round. The round was led by Madrona Venture Group, and also included MHS Capital and un-named Seattle angels. Len Jordon joins the company's board as part o...

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Friday, October 19, 2012

Wash., Oregon Venture Capital Decline Shows In Latest MoneyTree Numbers

The venture capital investments in the region saw a decrease of nearly a third, year to year, according to the latest numbers from the PricewaterhouseCoopers and National Venture Capital Association's venture capital report. The MoneyTree...

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Monday, October 15, 2012

Ignition Has Busy Day In San Francisco

It's been a busy day for Seattle's Ignition Partners down in Silicon Valley today, as the firm was involved in two, separate funding rounds for companies. Ignition backed Message Bus, a developer of cloud-based messaging APIs as part of an ...

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Thursday, September 27, 2012

Microsoft Integrates Klout Into Bing, Makes Investment

Microsoft has integrated social influence tracking firm Klout into its search engine, Bing, and also made a strategic investment in Klout as a part of the deal. Klout announced the move Thursday afternoon. Bing is now including Klout's scor...

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Wednesday, September 19, 2012

Maveron Gets Exit At Zui

Seattle-based venture capital firm Maveron has seen an exit in its portfolio, via the acquisition of Zui, the operator of a kid-friendly Internet portal. Zui was acquired by Saban Brands, which owns a number of children's entertainment bran...

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Tuesday, August 21, 2012

Madrona Tops Venture Returns List

Seattle-based Madrona popped up on a list of the top performing, Internet era funds yesterday, showing that--despite dismal overall returns from funds of the same vintage--the firm's Fund I has done quite well. The list, unearthed by Dan Pr...

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Friday, July 20, 2012

Pacific Northwest Venture Totals Mixed In Q2

Investments in Oregon and Washington were a mixed bag for Q2 of 2012, according to the PricewaterhouseCoopers/National Venture Capital Association MoneyTree report, based on data from Thomson Reuters. According to the report, a total of $24...

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Tuesday, June 5, 2012

Madrona Raises $300M In Fifth Venture Fund

Seattle-based venture capital investment firm Madrona Venture Group has raised $300M, in its fifth fund, the company said Wednesday. According to Madrona, Funv V was originally targeted at $250M, but was oversubscribed. The limited partners...

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Thursday, April 19, 2012

VC Investments In Pacific Northwest Firms Increase In Q1

The latest numbers from the MoneyTree report, from PricewaterhouseCoopers and the National Venture Capital Association (NVCA), based on data from Thomson Reuters, show that investments in Washington and Oregon increased in Q1, compared wi...

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Tuesday, December 20, 2011

Voyager Looks To Raise $125M In Fourth Fund

Seattle-based venture capital firm Voyager Capital is looking to raise $125M in its fourth fund, Voyager Capital IV, according to a regulatory filing from the firm Monday. Voyager has yet to gain any commitments for the new fund, according ...

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Thursday, September 2, 2010

RealNetworks Names VC To Board

Seattle-based RealNetworks said Thursday that it has added Janice Roberts, a managing director at venture capital firm Mayfield Fund, to its board of directors. Roberts has also served at 3Com Ventures, 3Com, and other firms. RealNetworks s...

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Thursday, July 15, 2010

Venture Capital Totals Up In Q2

PricewaterhouseCoopers and the National Venture Capital Association (NVCA) have released their quarterly venture capital numbers for Q2, reporting that venture deals in the US in the quarter totaled $6.5 billion. According to the two, using...

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Friday, July 9, 2010

Pacific Northwest Venture Deals Total Around $385M In Q2

An analysis of the venture capital, angel, and private equity deals in the Pacific Northwest, finds that there was around $385M in investments in Q2 2010. The amount was a slight increase from Q2 of last year, when only $355.48M was investe...

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Monday, May 10, 2010

Doxo Gets $5.25 For Paperless Billing

Seattle-based doxo has raised $5.25M in a Series A funding round, and is set to launch a new firm developing and online service to encourage consumers to sign up for paperless billing. According to doxo, the funding round comes from Mohr D...

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Tuesday, April 20, 2010

WTIA VC Survey: VCs Optimistic, But Still Concerned

The Washington Technology Industry Association is releasing its results today from its Q2 2010 Venture Capital Outlook Survey, saying that the venture capital community in Washington is optimistic in revenues and hiring for their portfolio ...

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Thursday, April 15, 2010

Washington, Oregon See Rise In VC Investments In Q1

Both Washington and Oregon saw venture capital investments rise in Q1 of this year, according to the venture capital numbers released this evening by PricewaterhouseCoopers and the National Venture Capital Association (NVCA), based on data ...

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Thursday, January 7, 2010

SBA Looks To Take Over SmartForest Ventures

The U.S. Small Business Administration is looking to take over Portland-based venture capital firm SmartForest Ventures. According to the SBA, the firm failed to maintain appropriate capital impairment levels, in an issue which has been goi...

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Friday, October 2, 2009

Pacific Northwest Venture Totals Around $270M

Venture capitalists put in around $270M in venture capital in the region in Q3, according to an analysis of Northwest Innovation's proprietary venture database, down a bit from $355M totaled by us last quarter. According to our tracking, t...

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Monday, July 20, 2009

Venture Investments Hits $5.27B, Says Report

Quarterly venture capital investment numbers were released over the weekend by Dow Jones VentureSource, with the firm saying that there was $5.27B invested across 595 deals nationally in the quarter. The amount of investments were down from...

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Monday, July 13, 2009

VC Fundraising Drops to $1.7B, 13 Year Low

Thomson Reuters and the National Venture Capital Association reported this morning that venture capital fundraising dropped to only $1.7 billion in the second quarter of 2009, raised by 25 funds, the smallest number of funds raising money i...

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Tuesday, July 29, 2008

WTIA: VCs are Worried

The Washington Technology Industry Association has released a survey of its members, showing that Washington State venture capitalists are worried about the national economy. According to the WTIA, it expects a flat or slight decline in bot...

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Monday, April 23, 2007

Washington State Sees Increase in VC Deals

Dow Jones VentureOne and Ernst & Young said today in their quarterly venture capital report that Washington state had $397.1M in venture deals in the first quarter, an increase of 21% over year to year investments. Overall, U.S. Venture Cap...

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Monday, March 19, 2007

Spaltudaq Raises $29M

Seattle-based Spaltudaq Corporation said late Friday that the biotechnology firm has raised $29M in a Series B funding. The funding came from ARCH Venture Partners, Canaan Partners, and HealthCare Ventures, which co-led the round. Additiona...

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Monday, March 12, 2007

Voyager Capital Adds Strategic Partners

Voyager Capital has added two strategic partners to the firm, the company said last week. Tom Huseby and Keith Krach have joined the company. Huseby is a managing partner at Seapoint Ventures, and also serves at Oak Investment Partners and ...

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Wednesday, February 28, 2007

Shelfari Gets Series A Funding

Seattle-based Shelfari, which operates a social networking and media site focused on books, has received a Series A round of funding, the firm said today. The round was led by Amazon.com plus angel investors. The funding will go towards fun...

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Wednesday, February 28, 2007

OVP Names Partner

Kirkland, Washington-based OVP Venture Partners said today that it has appointed Mark Ashida as a Partner. Ashida was most recently General Manager of Windows Enterprise Networking at Microsoft. Ashida has also served at InterTrust and a nu...

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Monday, February 26, 2007

ImageKind Raises $2.6M

Seattle-based ImageKind.com said today it has closed $2.6M in a Series A funding. The funding came from Holtzbrinck Ventures, a German publishing company and investor, along with Crosslink Capital, Erik Blachford, former CEO of Expedia; Tom...

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Wednesday, January 31, 2007

Farecast Raises $12M Series C

Seattle-based Farecast said today that it has raised an additional $12.1M in a Series C funding round, led by Sutter Hill Ventures. Farecast, which provides airfare prediction services through its web site, said that new investors included ...

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Wednesday, January 17, 2007

IceBreaker Gets Funding

Bellevue, Washington-based IceBreaker, a new company providing mobile dating services for cell phones, said yesterday that it has raised funding from angel investors and Lightspeed Venture Partners. Amount of the funding was not disclosed. ...

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Wednesday, January 17, 2007

Ignition, Trilogy Venture Into Sparkplug

Bellevue, Washington-based Ignition Ventures and neighboring firm Trilogy Equity Partners have ventured into a Chicago-based wireless broadband provider, Sparkplug. According to Sparkplug, Ignition led an investment of $22.5M into the firm,...

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Tuesday, January 9, 2007

Wetpaint Raises $9.5M

Seattle-based Wetpaint has received $9.5M in a Series B funding, led by Accel Partners, the firm is announcing today. According to the firm, the round includes investments from existing investors Trinity Ventures and Frazier Technology Vent...

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Monday, January 8, 2007

BioPassword Raises $11M

Seattle-based BioPassword announced this morning that it has raised $11M in Series C funding for the firm's anti-fraud and secure authentication products. Funding came from new investor RRE Ventures, as well as existing investors Citrix Sys...

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Monday, January 8, 2007

Bezos Invests In ChaCha

Jeff Bezos has invested in an Indianapolis-based search engine, ChaCha, which said today that it has raised $6M in funding in a round led by Bezos Expeditions, the personal investment firm of Jeff Bezos. The firm, which is developing a "hum...

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Monday, January 8, 2007

Calypso Medical Gets $42.2M

Seattle-based Calypso Medical Technologies said late last night that it has raised $42.2M in a Series D funding round. Calpyso saie that Apothecary Capital, Glenview Capital Management, and Pequot Capital have joined its existing investors ...

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Thursday, January 4, 2007

HipCricket Scores Series A

HipCricket said today that it has raised an undisclosed amount of Series A financing, and moved to Bellevue, Washington. The firm, which provides mobile interactive media, did not disclose the investors in the firm. The placement agent for ...

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Tuesday, January 2, 2007

Pacific Northwest Sees $210M In Venture Investments In Q4

The Pacific Northwest Region saw total investments of $210.4M in Q4 of 2006, according to an analysis of the Northwest Innovation venture database. The analysis included investments in Washington state and Oregon, as well as some investment...

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Wednesday, December 20, 2006

iLike.com Raises $13.3M

Seattle-based iLike.com said this morning that it has received $13.3M in an investment from Ticketmaster, part of IAC/InterActiveCorp. iLike said that the investment came along with an agreement with Ticketmaster to provide its music and ev...

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Monday, December 11, 2006

Report: Global VC Investments To Hit $32B In 2006

Dow Jones VentureOne and Ernst & Young are reported Monday that venture capital investors are on track to invest more than $32 billion in 2006, the most capital invested in the sector since 2001. The analysis, conducted by the two companies...

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Thursday, December 7, 2006

Pluggd Gets Investment From Intel

Seattle-based Pluggd, an online service for finding and listening to podcasts, has reported raised $1.65M from Intel Capital and angel investors. According to venture news site VentureBeat, angels in the round include former Microsoft emplo...

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Monday, December 4, 2006

Geospiza Raises $3M

Seattle-based Geospiza said today that it has raised $3M in a Series A investment. The firm was advised by Swiftsure Capital in the funding. Investors in the round were not disclosed. Geospiza said that the funding wil lbe used for hiring s...

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Wednesday, November 29, 2006

Apex Learning Raises $6M

Seattle-based Apex Learning said this morning that it has raised $6M in equity funding, in a venture capital round led by MK Capital. Apex Learning provides digital curriculum for the secondary education market. Apex said that the new fundi...

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Friday, November 10, 2006

Ontela Gets Funding

Seattle-based Ontela said today it has received a round of venture capital from Hunt Ventures, Oak Investment Partners, and Voyager Capital. The firm is developing software for mobile phones that automatically uploads photos taken with cell...

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Friday, November 10, 2006

Talyst Gets $20M

Bellevue, Washington-based Talyst said today that it has raised $20M in funding from Ignition Partners and OVP Venture Partners. The firm, which is developing automated dispensing systems for pharmacies and hospitals, said it will use the f...

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Wednesday, November 1, 2006

Pathway Medical Raises $25M

Redmond, Washington-based Pathway Medical Technologies said today that it has raised $25M in a Series B funding. HLM Venture Partners, a new investor in the firm, led the round. The firm also added Latterell Venture Partners as a new invest...

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Thursday, October 26, 2006

Talent Technology Gets CDN $17M

Vancouver, British Columbia-based Talent Technology Corporation has raised $17M. The firm said the funding came from JP Morgan Chase Bank and a group of private equity investors. The round brings the company's total investment to over $40M....

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Thursday, October 26, 2006

Layer 7 Lands $8.9M

Vancouver, BC-based Layer 7 Technologies, a firm that provides XML security and networking appliances, said today that it has raised $8.9M in Series B funding. Funding came from BDC Venture Capital, and the Working Opportunity Fund. The fir...

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Thursday, October 26, 2006

GotVoice Scores $3M

Kirkland, Washington-based GotVoice, a provider of software for web access and email for mobile voice messaging, has received $3M in venture capital funding. The funding came from Ignition Partners and Second Avenue Partners. Cameron Myhrvo...

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Tuesday, October 24, 2006

VC Investments In Pacific Northwest Total $190M For Q3

PricewaterhouseCoopers and the National Venture Capital Association has released its Money Tree venture capital results for Q3 of 2006, showing that there was $6.2 billion invested in 797 deals, down by 8 percent from Q2, but the best thir...

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Tuesday, October 24, 2006

VC Investments In Pacific Northwest Total $190M For Q3

PricewaterhouseCoopers and the National Venture Capital Association has released its Money Tree venture capital results for Q3 of 2006, showing that there was $6.2 billion invested in 797 deals, down by 8 percent from Q2, but the best thir...

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Monday, October 23, 2006

U.S. Venture Capitalists Invest $6.36B In Q3

Ernst & Young and Dow Jones VentureOne are reporting today that there was $6.36B invested in 611 venture capital deals in the third quarter, with a slight increase in both the number of deals and amount of investment versus a year ago. The ...

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Monday, October 16, 2006

Elemental Technologies Gets Seed Investment

Portland, Oregon-based Elemental Technologies has received a seed investment from Pixelworks, the firm said Monday. Pixelworks will provide seed capital to Elemental for its network-aware, distributed display processing semiconductors. Alle...

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Thursday, October 5, 2006

Escapia Raises $2M

Seattle-based Escapia, a company that is developing web-based applications for managing vacation rentals, has raised $2M in funding. The funding is being led by Buerk Dale Victor, an existing investor in the firm. The company also said othe...

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Thursday, October 5, 2006

Mirabilis Raises $4M

Seattle, Washington-based Mirabilis Medica has raised $4M in a Series A financing, led by Charter Life Sciences and vSpring Capital. The firm is developing a high intensity focused ultrasound system used for treating gynecological diseases....

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Friday, September 29, 2006

Twisted Pair Gets $9M

Seattle-based Twisted Pair Solutions, a company developing IP-based communications software, said today that it has received $9M in a Series A funding. The funding came from Ignition Partners, Core Capital Partners, and Chart Venture Partne...

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Wednesday, September 27, 2006

Auctionpay Raises $5.5M In Series B Funding

Portland, Oregon-based Auctionpay has raised $5.5M in a Series B funding round, the firm said Tuesday afternoon. The firm said that the round included participation by Maveron LLC and Appian Ventures. Auctionpay develops fundraising softwar...

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Thursday, September 21, 2006

Web 2.0 Investments Hit $262.3M

Dow Jones VentureOne is reporting this morning that investments in U.S. Web 2.0 companies has hit $262.3M in the first half of 2006. The publisher of venture capital data said that 49 Web 2.0 companies were funded in the first half of 2006,...

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Friday, September 15, 2006

Oregon Investment Fund Invests in Kryptiq

Portland, Oregon-based Oregon Investment Fund (OIF) has invested in Portland-based Kryptiq, the firm said Thursday. The investment also included Shelter Capital Partners, SmartForest Ventures and Voyager Capital. Amount of the investment wa...

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Friday, September 8, 2006

XenSource Taps Ignition For VP

Palo Alto-based XenSource reports that it has hired a new Senior Vice President of Product Operations, tapping Ignition Partner's Gordon Mangione for the position. Mangione was Ignition's Entrepreneur in Residence, and also has served at Mi...

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Thursday, September 7, 2006

Phoseon Raises $1.3M

Hillsboro, Oregon-based Phoseon is reporting today that it has raised $1.3M in a convertible note, from its existing investors along with a new institutional investor. The funding came from Fluke Venture Partners, SmartForest Ventures, PacR...

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Thursday, September 7, 2006

Omeros Buys Nura, Gets Investment

Seattle-based Omeros is acquiring Seattle-based Nura, a biopharmaceutical company developing pain treatments and other central nervous system disorders including schizophrenia and Parkinson's disease, the firm said this morning. Financial t...

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Wednesday, August 30, 2006

Weyerhaeuser Buys RFID Firm

Washington-based Weyerhaeuser Company has acquired Colorado Springs, Colorado-based OrganicID, a developer of printed radio frequency identification devices, the firm said Wednesday. Terms of the acquisition were not disclosed. OrganicID de...

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Wednesday, August 30, 2006

SinglePoint Raises $30M

Bellevue, Washington-based Wireless Services Corp. said today that it has closed a $30.75M series C funding round, and changed the name of the firm to SinglePoint. The firm will remain headquartered in Bellevue. Wireless Services Corp said ...

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Thursday, August 17, 2006

InSpa Raises $5M

Seattle-based InSpa, a chain of mass-market day spas, has received a venture capital round worth $5.0M. The funding came from Bay Area Equity Fund I, which is managed by JPMorgan Chase & Co. InSpa said that the funding would go to expansion...

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Tuesday, August 15, 2006

WildTangent Gets Strategic Investment

Redmond, Washington-based WildTangent has received a strategic investment, the firm said today. The investment came from WPP, a media firm that provides media services, public relations, advertising, branding, and other communications servi...

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Tuesday, August 8, 2006

TripHub Launches Travel Community

Seattle-based TripHub has launched a new, online travel service focused on groups, saying today that it has launched a new trip planning service that provides planning for extended family and groups of friends. The startup, which also discl...

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Tuesday, July 25, 2006

VC Investments in First-time Startups Hits High

The National Venture Capital Association / PricewaterhouseCoopers MoneyTree report was released today, confirming yesterday's Ernst & Young LLP and VentureOne venture capital results. According to the NVCA, the survey found $6.3 billion in ...

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Tuesday, July 25, 2006

Site9 Raises $1.1M

Portland, Oregon-based Site9, a provider of software for developing web sites, has raised $1.1M. Site9 said today that it received the funding from Mount Hood Equity Partners, and will use the funding to further develop its software and mar...

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Tuesday, July 25, 2006

Zillow Gets $25M

Seattle-based Zillow.com has received $25M in Series B funding, the firm announced this morning. Zillow, which provides a real estate valuation service, said that the funding came from PAR Capital Management, along with previous investors B...

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Monday, July 24, 2006

U.S. Venture Capital Investments Hit $6.7B in Q2

Ernst & Young LLP and VentureOne are reporting today that venture capital investments hit $6.7 billion in the latest quarter, the highest quarterly investment level since 2001. The firms said in their quarterly venture capital report that t...

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Wednesday, July 19, 2006

Jobster Raises $18M

Seattle-based Jobster, the online job posting web site, has raised a new round of venture capital funding, saying today that it received $18M in a Series C round. The financing came from Reed Elsevier Ventures, the venture arm of Reed Elsev...

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Tuesday, July 18, 2006

VC Funds Raise $11.2B in Second Quarter

Thomson Financial and the National Venture Capital Association (NVCA) are reporting that private equity fundraising hit new heights in the second quarter of 2006, with fifty venture capital funds raising a total of $11.2 billion in the seco...

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Monday, July 17, 2006

uXcomm Gets $13.6M

Beaverton, Oregon-based uXcomm, a provider of software for embedded systems management and deployment, has raised $13.6M. uXcomm said this morning that it received the Series B funding from Intel Capital, along with existing investors Found...

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Tuesday, July 11, 2006

SecondSpace Finds $6.5M

Bellevue, Washington-based SecondSpace has raised $6.5M in the firm's first venture capital round. SecondSpace said today that the funding came from Ignition Partners. SecondSpace said that it is developing a service to connect consumers wi...

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Monday, July 10, 2006

Alder Biopharmaceuticals Raises $16M

Bothwell, Washington-based Alder Biopharmaceuticals has raised a round of venture capital funding. Alder said today that it has closed a $16M Series B funding from H.I.G. Ventures, along with existing investors Sevin Rosen Funds, Ventures ...

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Thursday, July 6, 2006

Clearwire Yanks IPO

Kirkland, Washington-based Clearwire has yanked its IPO. The firm has filed a withdrawal of its IPO. Clearwire had filed for an IPO in May, however just announced a $900M venture capital investment round from Intel and Motorola yesterday. C...

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Wednesday, July 5, 2006

Clearwire Raises $900M

Kirkland, Washington-based Clearwire, the high speed wireless broadband company that is headed by craig McCaw, has raised $900M in a giant venture capital round. Clearwire said this afternoon that it has raised the round of funding from Int...

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Wednesday, July 5, 2006

eProject Raises $6M

Seattle-based eProject has raised $6M in venture capital funding. The firm said last week that the funding closed out a $10.5M Series A investment from Kennet Venture Partners, LLC. Genevest also participated in the round, which included ve...

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Thursday, June 29, 2006

BioPassword Raises Strategic Round

Seattle-based BioPassword received a new, strategic round of funding from Citrix Systems earlier this week, saying that it will use the funding to further develop, market, and distribute it multi-factor authentication products. BioPassword ...

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Wednesday, June 28, 2006

Oberon Media Gets Funding

Oberon Media, a provider of casual games for PC, mobile, and gaming platforms, has received a round of mezzanine funding, the company said yetserday. The round of funding came from Goldman Sachs, Morgan Stanley, Oak Investment Partners, and...

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Tuesday, June 20, 2006

Compiere Gains $6M, But Departs Region

Portland, Oregon-based Compiere, a developer of open source enterprise resource management (ERP) software, has received a $6M venture capital round from New Enterprise Associates, the firm said today. Compiere said that it will use the fund...

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Friday, June 16, 2006

VLST Raises $55M

Seattle-based VLST Corporation has raised a $55M venture capital round, the firm said this morning. VLST said it raised the Series B financing from Texas Pacific Group Ventures, along with existing investors MPM Capital, ARCH Venture Partne...

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Tuesday, June 6, 2006

GMI Gets $35M

Seattle-based Global Market Insite has received $35M in a Series C venture capital round. Funding came from Technology Crossover Ventures, which led the round, along with FTVentures and Voyager Capital. GMI said that it would use the fundin...

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Thursday, June 1, 2006

HealthUnity Raises $1.4M

Bellevue, Washington-based HealthUnity has raised $1.4M in a venture funding from J.L. Albright IV Venture Fund and others. HealthUnity is developing products for building regional and enterprise health information networks. The firm also m...

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Tuesday, April 25, 2006

Venture Capital Quarterly Results Released, WA Deals Double

PricewaterhouseCoopers and the National Venture Capital Association released their Q1 venture capital numbers today, following the VentureOne/Ernst & Young Venture Capital report release yesterday. Both surveys showed an increase in investm...

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Wednesday, April 19, 2006

Widevine Gets $16M

Seattle-based Widevine Technologies, a provider of downloadable content solutions, said today it has raised $16M from Cisco Systems and TELUS. Widevine said that the Series C round also included previous investors VantagePoint, Bear Stearns...

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Tuesday, April 18, 2006

Amdocs Buys Qpass for $275M

Amdocs, a software and services firm in the customer management space, has acquired Seattle-based Qpass for $275M in cash. Qpass has been developing products, services, and businesses to content providers and wireless service providers. Th...

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Monday, April 17, 2006

Madrona Ventures Closes $167M Fund

Seattle-based Madrona Venture Group has closed a $167M fund, the firm said today. The fund is the firm's third. Madrona said that its target fund size was $150M. The new fund brings Madrona's total venture capital pool to over $400M. LPs in...

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Thursday, April 6, 2006

Spiration Raises $13.4M

Seattle-based Spiration has raised a new, $13.4M round of funding, the firm said Monday. Spiration raised the Series F round from Olympus Medical Systems, with returning investors Guidant, New Enterprise Associates, Sprout Group, Versant Ve...

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Thursday, March 30, 2006

Vigilos Raises $6M

Seattle-based Vigilos said today that it has raised $6M in new venture funding. Funding came from Northwest Venture Associates. Bob Wolfe, Managing Director of Northwest Venture Associates has joined the board of Vigilos as part of the fund...

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Friday, March 24, 2006

Weston Presidio Buys VC Backed Firm

Weston Presidio, a growth capital provider based in San Francisco, has acquired Hillsboro, Oregon-based Micro Power Electronics. The firm said this week that it purchased the firm from Sierra Ventures and Palisades Ventures, two venture ca...

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Tuesday, March 21, 2006

EKOS Raises $26M

Bothell-based EKOS has raised a $26M Series C funding round, the company said today, to hire a sales and marketing team for its ultrasound-assisted, fluid infusion catheters. The company said that the funding came from Ascension Health Vent...

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Wednesday, January 18, 2006

Seattle BioFuels Raises $7.5M

Seattle, Washington-based Seattle BioFuels has raised a $7.5M Series A investment. The funding came from Nth Power, Technology Partners, and Vulcan Capital. The firm is developing process technology used to produce biodiesel. Seattle BioFue...

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