posts tagged:


venture


(search for keywords instead, or create an alert on this tag)

Monday, July 1, 2019

RealWear Raises $80M In Series B Funding

Vancouver, Washington-based RealWear, a developer of helmet-mounted, wearable Android computers, has raised $80M in a Series B financing round, which included both equity and debt, and came from JPMorgan Chase & Co., Teradyne, Bose Ventures...

READ MORE...
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...

READ MORE...
Wednesday, March 27, 2019

Boundless Immigration Gets $7.8M To Smooth Immigraiton Paperwork

Seattle-based Boundless Immigration, a startup which helps immigrants apply for green cards and U.S. citizenship, has raised $7.8M in a Series A funding. The funding was led by Foundry Ventures, and also included Trilogy Equity Partners, Pi...

READ MORE...
Friday, March 15, 2019

Igneous Finds $25M More

Seattle-based Igneous, which helps enterprises with unstructured data management, announced Friday morning that it has raised $25M in a Series C funding round. The funding was led by WestRiver Group, and also included prior investors Madron...

READ MORE...
Monday, March 4, 2019

Ignition Backs Climate Risk Analytics Firm Jupiter In Big Funding

Seattle-based venture investor Ignition Partners has made an investment in climate risk analytics software developer Jupiter, $23M in a funding round announced on Monday by Jupiter. According to Jupiter, the Series B funding round came from...

READ MORE...
Wednesday, February 27, 2019

Microsoft's M12 Backs SpyCloud

M12, the venture capital arm of Microsoft, is the lead investor in SpyCloud, a startup which develops cybersecurity products used to prevent account takeovers, SpyCloud said this morning According to SpyCloud, it has has raised $21M more in...

READ MORE...
Thursday, February 21, 2019

Lytics Lands $35M More For Marketing Personalization Software

Portland-based Lytics, a developer of marketing personalization software said this morning that it has raised $35M in a Series C investment round. The funding was led JMI Equity, and also included existing investors Comcast Ventures, Two Si...

READ MORE...
Friday, February 15, 2019

Amazon Leads $700M Funding Round For Electric Truck Maker Rivian

Amazon is the lead investor in a big, $700M funding round for Rivian, a startup developing all electric pickup trucks and SUVs. Rivian announced on Friday that it had raised $700M for its development efforts, all led by Amazon, and also inc...

READ MORE...
Friday, February 15, 2019

Amazon Leads $700M Funding Round For Electric Truck Maker Rivian

Amazon is the lead investor in a big, $700M funding round for Rivian, a startup developing all electric pickup trucks and SUVs. Rivian announced on Friday that it had raised $700M for its development efforts, all led by Amazon, and also inc...

READ MORE...
Thursday, January 17, 2019

M12 Makes First Investment In India, In Innovaccer

Innovaccer, a developer of healthcare data sharing and digital health software, has raised $11M in a funding round, led by Microsoft's M12 venture capital investment arm. Innovaccer--based in India, but with its U.S. offices in San Francisc...

READ MORE...
Friday, January 11, 2019

Laird Superfood Gets $32M From WeWork, Others

Sisters, Oregon-based Laird Superfood, a startup founded by surfer Laird Hamilton, has raised $32M in a funding round, the company said last month. The funding came from WeWork. The startup, led by CEO Paul Hodge, manufacturers coconut-base...

READ MORE...
Friday, January 4, 2019

Bezos-backed Mindstrong Health Raises $31M More

Mindstrong Health, a startup backed by Jeff Bezos which is developing technology it says can detect mental illness early to deliver preemptive care and improve outcomes, has raised $31M in an expanded Series B funding, the company said on T...

READ MORE...
Thursday, December 20, 2018

Glowforge Gets Investments From Craft Retailer JOANN

Seattle-based 3D laser printer maker Glowforge, which makes a device that allows users to laser cut and encrave a wide range of materials, has received an investment from craft retailing giant JOANN, the companies said on Thursday. The inve...

READ MORE...
Wednesday, December 12, 2018

The Riveter Raises $15M For Female Co-Working

Seattle-based female co-working space operator The Riveter said this week that it has raise $15M in a Series A funding round. The funding came from Alpha Edison, and Madrona Venture Group, plus such angels as Annie-Marie Slaughter (New Amer...

READ MORE...
Tuesday, October 30, 2018

DreamHost Finds $18M In Credit Facility

Web hosting and managed services provider DreamHost, which has an office in Portland, Oregon, announced on Tuesday morning that it has raised $18M via a credit facility with J.P. Morgan. According to the company, the credit line will help i...

READ MORE...
Monday, October 29, 2018

SEngine Precision Medicine Finds $3M In Funding

Seattle-based SEngine Precision Medicine, a biotech startup developing targeted cancer drugs, said on Monday that it has raised $3M in funding, part of a bigger $8.2M funding effort by the firm. The funding was led by Bangarang Group, along...

READ MORE...
Monday, October 29, 2018

SEngine Precision Medicine Finds $3M In Funding

Seattle-based SEngine Precision Medicine, a biotech startup developing targeted cancer drugs, said on Monday that it has raised $3M in funding, part of a bigger $8.2M funding effort by the firm. The funding was led by Bangarang Group, along...

READ MORE...
Thursday, October 18, 2018

Vacasa Takes $64M More Vacation Rental Management

Portland-based Vacasa has raised another $64M in funding, the company said on Thursday, boosting the company's total amount of funding to an astounding $207.5M. The startup, led by CEO and founder Eric Breon, said the funding was led by exi...

READ MORE...
Tuesday, October 16, 2018

Hubb Hauls In $6.3M

Vancouver, Washington-based Hubb, a developer of event management software, has raised $6.3M in a Series B funding, the company said on Tuesday. The funding was led by Five Elms Capital, and also included Oregon Venture Fund and Elevate Cap...

READ MORE...
Tuesday, October 9, 2018

Microsoft Invests In Southeast Asia'a Grab

Redmond-based Microsoft is making an investment in Southeast Asia on-demand transportation Grab, the two companies said late Monday evening, in a deal where Grab will adopt Microsoft Azure as its "preferred cloud" platform. Size of the inve...

READ MORE...
Monday, October 8, 2018

Lighter Capital Bundles Tools, Service For Startups

Seattle-based Lighter Capital is offering up a new bundle of tools and services for its startup clients, saying last week that it will be offering up everything from cloud hosting and HR tools to financial services, marketing and sales auto...

READ MORE...
Friday, October 5, 2018

Stay Alfred Finds $47M More

Spokane-babsed Stay Alfred, which operates a marketplace which helps connect travelers with luxury apartments, said Thursday that it has raised $47M more in a Series B funding round. The funding was led by Nine Four Ventures. The company sa...

READ MORE...
Thursday, September 27, 2018

iSpot.TV Gets $30M For Ad Measurement Tools

Seattle-based iSpot.TV said this week that it has raised $30M in a funding round, for its advertising measurement tools. The funding came from Insight Venture Partners and Madrona Venture Group. iSpot is led by founder and CEO Sean Muller. ...

READ MORE...
Monday, September 24, 2018

Convoy Snags $185M

Seattle-based Convoy, which operates an online marketplace for trucking operators, has raised $185M in a Series C funding, the company said last week. The funding was led by CapitalG, the growth equity arm of Google. The company says it has...

READ MORE...
Wednesday, September 12, 2018

Microsoft Leads Investment In Interana

Microsoft is the lead investor in Silicon Valley-based Interana, via its venture fund, M12. According to Interna, a developer of software used to manage "event data" around customers and their actions, it also has "Microsoft Co-Sell" status...

READ MORE...
Tuesday, September 11, 2018

Boeing Backs BridgeSat In $10M Funding

Boeing has made an investment in Denver-based BridgeSat, a startup which is developing a network of satellite ground communications stations, the company said this week. BridgeSat says its ground stations are intended to communicate using o...

READ MORE...
Wednesday, September 5, 2018

Sarcos Robotics Snags $30M More For Robotic Exoskeletons

Bellevue, Washington- and Salt Lake City, Utah-based Sarcos Robotics, a developer of robotic systems aimed at creating real-life "Iron Man" suits for the military, announced this morning that it has raised $30M in a Series B funding. The fu...

READ MORE...
Thursday, August 16, 2018

Twistlock Takes $33M In Series C

Portland-based Twistlock, which develops cloud security software, said this week that it has raised $33M in a Series C funding round. The funding was led by Iconiq Capital, and also included YL Ventures, TenEleven, Rally Ventures, Polaris P...

READ MORE...
Friday, August 3, 2018

Bulletproof Coffee Finds $40M In Funding

Seattle-based Bulletproof 360, the company behind the Bulletproof Coffee brand, said this week that it raised $40M in a funding round, split between equity and debt. The funding was led by CAVU Venture Partners, and also included Trinity Ve...

READ MORE...
Wednesday, August 1, 2018

Apeel Sciences, Seeded By Bill and Melinda Gates Foundation, Finds $70M

Apeel Sciences, a startup which was founded in 2012 with a grant from the Bill & Melinda Gates Foundation, has raised a big, $70M funding round, the company announced late Wednesday. Apeel, which is developing technology to increase the she...

READ MORE...
Wednesday, August 1, 2018

CrowdStreet Connects With $8M

Portland-based CrowdStreet, a startup which operates an online investment marketplace for commercial real estate, has raised $8M in a Series B funding, the company said Tuesday. The funding was led by Grotech Ventures, and also included Ra...

READ MORE...
Wednesday, July 25, 2018

RFPIO Takes $25M

Beaverton, Oregon-based RFPIO, which develops software to help companies respond to Requests-For-Proposals (RFPs), has raised $25M in a funding round, the company announced on Tuesday. The funding came from K1 Investment Management. RFPIO...

READ MORE...
Tuesday, July 24, 2018

Beddr, With Offices In Seattle, Finds $5.6M

Beddr, a startup developing products which use a connected device and your smartphone to help you improve your sleep which has an office in Seattle, has raised $5.6M in a Series A funding round, the company said this morning. The funding wa...

READ MORE...
Thursday, July 19, 2018

Seeq Snags $23M For IoT Analytics

Seattle-based Seeq, a developer of analytics software being applied to manufacturing and industrial internet-of-things (IoT), has raised $23M more in a Series B funding. The funding was led by Altira Group, and also included Chevron Technol...

READ MORE...
Monday, July 16, 2018

Overload Golf Ventures Raises $25M Fund For Golf Investments

Kirkland-based Overload Golf Ventures, a new venture investment firm focused on technology startups in the golf industry, said Monday that it has launched a $25M fund, and created a new called aboutGolf Global. According to Overload, aboutG...

READ MORE...
Friday, July 13, 2018

Nurx, With Offices In Oregon, Finds $36M For Birth Control Prescriptions

Nurx, a startup which offers women online access to birth control prescriptions--which has its official mailing address in Beavrton, Oregon--said this week that it has raised $36M more in funding. The funding was led by Kleiner Perkins, and...

READ MORE...
Friday, June 29, 2018

Microsoft's M12 Leads Funding For Cerebri AI

M12, Microsoft's venture capital investment fund (formerly known as Microsoft Ventures), is the lead investor in Cerebri AI, a startup developing machine learning software to help companies better understand customer behavior. Cerebri AI sa...

READ MORE...
Tuesday, June 26, 2018

Jama Software Snags Massive $200M Funding Round

Portland-based Jama Software, which develops software to help with the product development process, has raised $200M in a funding round, as part of a growth equity funding, according to the company. The funding was led by Insight Venture Pa...

READ MORE...
Thursday, June 21, 2018

Urban Airship Gets $25M More

Portland-based Urban Airship, which develops real time notification software, has raised $25M more in a Series F funding, the company said on Thursday. The funding was led by Foundry Group, and also included True Ventures, August Capital, ...

READ MORE...
Wednesday, June 20, 2018

Prifender Picks Up $5M In Seed Funding

Bellevue, Washington- and Tel Aviv, Israel-based Prifender, which develops enterprise software that revolves around automating privacy handling, has raised $5M in seed funding, the company said this week. The funding was led by Firstime VC,...

READ MORE...
Thursday, June 14, 2018

Bezos Backs Mindstrong Health In $15M Funding

Bezos Expeditions, the venture fund of Amazon founder Jeff Bezos, has backed Silicon Valley-based Mindstrong Health, a developer of technology which monitors brain health through measuring brain function based on a user's interaction with s...

READ MORE...
Friday, June 8, 2018

JetClosing Finds $20M For Real Estate Software

Seattle-based JetClosing, which develops real estate title and settlement software, has raised $20M in a Series A funding, the company said on Friday. According to JetClosing, the funding came from funds and accounts advised by T. Rowe Pric...

READ MORE...
Friday, June 8, 2018

Qumulo Adds $93M In Series D Funding

Seattle-based Qumulo said this week that it has raised $93M more, in a Series D funding, for its cloud-based storage technology. The funding brings the company's total raised to more than $250M. The funding was led by BlackRock Private Equ...

READ MORE...
Friday, June 8, 2018

Qumulo Adds $93M In Series D Funding

Seattle-based Qumulo said this week that it has raised $93M more, in a Series D funding, for its cloud-based storage technology. The funding brings the company's total raised to more than $250M. The funding was led by BlackRock Private Equ...

READ MORE...
Wednesday, June 6, 2018

OneLogin Sets Up Redmond Development Center, On Heels Of $22.5M Funding

OneLogin, a San Francisco-based company which develops unified access management software, says it will opening up a brand new, Redond development center as a result of a new funding round. The company said yesterday that it has raised $22....

READ MORE...
Wednesday, June 6, 2018

Bungie Gets $100M From NetEase

Bellevue-based Bungie, which develops such popular videogames as Halo and Detiny, has raised $100M, as part of a strategic partnership with NetEase, according to the companies. NetEase is a big Chinese gaming and technology firm. Bungie is ...

READ MORE...
Monday, June 4, 2018

FlyHomes Gets $17M In Series A

Seattle- and Chicago-based FlyHomes, which operates a service to help home buyers maker cash offers for homes--in order to win bidding wars in very competitive markets--has raised $17M in a Series A funding, the company said last week. The ...

READ MORE...
Friday, May 25, 2018

Gates- and Bezos-backed Cancer Startup Grail Finds $300M More

Grail, a startup backed by both Bill Gates and Jeff Bezos, which is developing blood testing technology which uses DNA analysis to help in early detection of cancer, said this week that it has raised $300M more in funding. The funding came ...

READ MORE...
Thursday, May 24, 2018

Rover Raises $155M

Seattle-based dog-sitting marketplace Rover announced Thursday morning that it has raised $155M, split between a huge, $125M equity funding round for the company and $30M in a credit facility. The equity funding was led by T. Rowe Price Ass...

READ MORE...
Tuesday, May 22, 2018

MainStem Gets $2.175M For Cannabis E-Commerce

Seattle-based Mainstem, which is developing software to help with cannabis e-commerce, has raised $2.175M in a Series B funding round, the company said today. The funding was led by Merida Capital Partners, and also included Poseidon Asset ...

READ MORE...
Tuesday, May 22, 2018

Tango Card Takes $35M

Seattle-based Tango Card, a provider of digital incentive and reward programs, has received $35M in a growth equity funding. The funding came from FTV Capital. According to Tango Card, the funding will go towards investment in its platform,...

READ MORE...
Tuesday, May 22, 2018

Madrona Raises $300M In New Venture Investment Fund

Seattle-based Madrona Venture Group has raised a brand new, $300M investment fund--its seventh--as it continues to make investments in companies in the Pacific Northwest. According to Madrona, the new fund will continue to go to early stage...

READ MORE...
Tuesday, May 15, 2018

Nohla Therapeutics Gets $45M

Seattle-based Nohla Therapeutics, a developer of cell therapies for treating hematalogic malignacies and other disease, said on Tuesday that it has raised $45M in a Series B funding. The funding came from Fidelity Management and Research Co...

READ MORE...
Tuesday, May 15, 2018

Auth0 Adds $55M

Bellevue-based Auth0, which develops identity management software, has raised $55M in a Series D funding, the company said on Tuesday. The funding was led by Sapphire Ventures, and also included World Innovation Lab, plus Bessemer Venture P...

READ MORE...
Wednesday, May 9, 2018

Point B Expands Board With EMC Veteran

Seattle-based Point B, which calls itself a combined "integrated management consulting, digital studio, venture investment, and real estate development firm", said on Wednesday that it has named Russell Stockdale to its board of directors. ...

READ MORE...
Tuesday, May 8, 2018

Zembula Snags $2.9M In Funding For Email Capture Tools

Portland, Oregon-based Zembula, a developer of software to help marketers with better email capture, has raised $2.9M in a funding, the company disclosed on Tuesday. The funding came from the Portland Seed Fund, angel investor Jason Calacan...

READ MORE...
Tuesday, May 8, 2018

Zembula Snags $2.9M In Funding For Email Capture Tools

Portland, Oregon-based Zembula, a developer of software to help marketers with better email capture, has raised $2.9M in a funding, the company disclosed on Tuesday. The funding came from the Portland Seed Fund, angel investor Jason Calacan...

READ MORE...
Tuesday, May 8, 2018

XNOR.AI Gets $12M For AI Software

Seattle-based XNOR.AI, which is developing artificial intelligence software designed to run on edge devices like phones, cameras, drones, and more, has raised $12M in a Series A funding round. The funding was led by Madrona Venture Group, a...

READ MORE...
Tuesday, May 8, 2018

ThoughtSpot Plans Expansion In Seattle After Raising $145M For AI Search Tools

ThoughtSpot, a developer of artificial intelligence-driven analkytics and search tools for the enterprise, said it will expand its research and development center in Seattle, after announcing a big funding round. ThoughtSpot said it has rai...

READ MORE...
Friday, May 4, 2018

Upbound Captures $9M For Cloud Computing

Seattle-based Upbound, a developer of a software platform that allows organizations to deploy their applications across multiple public and private cloud environments, said this week that it has raised $9M in a Series A funding. The funding...

READ MORE...
Tuesday, May 1, 2018

SkyKick Raises $40M

Seattle-based SkyKick, a developer of cloud automation and management products, announced today that it has raised $40M in a funding round. The company said the funding came from insiders, including Navin Thukkaram, Tim Ferriss, Karl-Theodo...

READ MORE...
Tuesday, May 1, 2018

Microsoft Ventures Becomes M12

Microsoft Ventures, the venture investment arm of Microsoft, said on Monday that it has renamed itself as M12. The name change came after some confusion between what Microsoft Ventures had been prior to Microsoft's formal venture investment...

READ MORE...
Wednesday, April 25, 2018

Flying Fish Partners Raising $80M Venture Fund

Flying Fish, a brand new venture capital investment fund in Seattle, has raised $23M as part of an $80M fundraising effort, the firm disclosed this week. The firm is led by Partners Geoff Harris, Heather Redman, and Frank Chang. Harris was ...

READ MORE...
Tuesday, April 24, 2018

Washington State Investment Board Invests In Sequoia Capital's New Fund

The Washington State Investment Board (WSIB)-which invests the assets of public retirement plans in Washington State--is reportedly investing up to $350M in a new, $5 billion global growth fund from tier one Silicon Valley venture capital f...

READ MORE...
Monday, April 23, 2018

Amazon Backs Capital Float In $22M Funding

Seattle-based Amazon.com has made a $22M investment in Indian unsecured lending service Capital Float, as an extension to an earlier, announced Series C funding, Capital Float said on Monday. Capital Float offers up unsecured consumer loans...

READ MORE...
Monday, April 23, 2018

Glowforge Gains $10M More For 3D Printers

Seattle-based 3D laser printer make Glowforge has raised $10M in a new funding, the company said this morning. The new, $10M funding came from its prior investors True Ventures and Foundry Group. The two investors led the last funding round...

READ MORE...
Friday, April 20, 2018

Green Bits Finds Funding For Cannabis Software

Portland, Oregon- and San Jose, California-based Green Bits, a startup focused on compliance for cannabis dispensaries and retailers, said this week that it has raised $17M in a Series A funding, led by Tiger Global, and also included Casa ...

READ MORE...
Friday, April 20, 2018

FLIR Backs Drone Software Maker DroneSense

Wilsonville, Oregon-based FLIR Systems has made an investment in DroneSense a developer of drone software for the public safety market, the two companies said this week. Size of the investment was not announced. DroneSense, based in Austin,...

READ MORE...
Tuesday, April 17, 2018

Pioneer Square Labs Launches New $80M Venture Fund, PSL Ventures

Seattle-based Pioneer Square Labs said this morning that it has launched a new, $80M venture capital fund, called PSL Ventures. According to Pioneer Square Labs, the new venture fund will invest in early stage technology companies across th...

READ MORE...
Tuesday, April 17, 2018

AppOnBoard, With Offices In Seattle, Gets $15M For Mobile App Demos

AppOnBoard, a developer of a mobile technology platform aimed at helping app developers create app demos which has an office in Seattle, has raised $15M in a Series A funding, the company said today. The funding was led by Korea Investment ...

READ MORE...
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...

READ MORE...
Monday, April 9, 2018

tinyBuild Takes $3.75M

Bothell, Washington-based tinyBuild, a developer of videogames, has raised $3.75M in a funding round, which came from Makers Fund, the company said last week. tinyBuild builds games for Steam, Xbox One, PS4, 3DS, iOS, Google Play, and virtu...

READ MORE...
Thursday, April 5, 2018

Suplari Snags $10.3M

Seattle-based Suplari, which is developing artificial intelligence-driven software aimed at the procurement market, has raised $10.3M in a Series A funding, the company said today. The funding was led by Shasta Ventures, and also included T...

READ MORE...
Tuesday, April 3, 2018

MedBridge Receives Investment From LRR Partners

Seattle-based MedBridge, which provides online professional education for occupational therapists, physical therapists, athletic trainers, and others, has received an investment from LLR Partners. Financial details of the investment were no...

READ MORE...
Monday, April 2, 2018

Zipwhip Updates Business Texting App

Seattle-based Zipwhip, which develops two-way, business texting apps, said this afternoon that it has launched ZipWhip 2.0, the next version of its flagship software. According to the company, its new version specifically is geared at optim...

READ MORE...
Wednesday, March 28, 2018

Streem Adds $2M To Seed Funding Round

Portland-based Streem, a developer of augmented reality technology which is aimed at helping home services professionals connect with customers via video, has raised $2M more in seed funding, the company said today. The new funding came fro...

READ MORE...
Tuesday, March 27, 2018

Fastdata.io Gets $5M For GPU Data Processing

Fastdata.io, a company that is developing GPU-native software specifically aimed at real-tie stream processing--and which has an office in Seattle--has raised $5M in a seed funding round, the company said on Tuesday afternoon. The funding w...

READ MORE...
Tuesday, March 27, 2018

Spaceflight Aims To Raise $210M In Funding Round

Seattle-based Spaceflight Industries is aiming to raise just over $210M in funding, as part of an ongoing investment round, according to a regulatory filing from the company today. According to that filing, so far, Spaceflight has garnered ...

READ MORE...
Monday, March 26, 2018

Boeing Backs Nanosatellite Developer Myriota In $15M Funding

Boeing has made an investment in nanosatellite developer Myriota, which is developing technology designed to enable Internet-of-Things (IoT) networking via satellite. Myriota said it raised $15M in a Series A funding, which came from Main S...

READ MORE...
Friday, March 23, 2018

Apptio Raises $125M In Note Offering

Bellevue-based Apptio, the publicly held developer of IT business management software, said this week that it raised $125M in a convertible note offering. Apptio said those convertible senior notes are due in 2023. Apptio said those notes a...

READ MORE...
Thursday, March 22, 2018

Madrona Venture Group Adds New Partner

Seattle-based Madrona Venture Group says it has added Sudip Chakrabarti as a new Partner at the firm. The venture capital investment firm said that Chakrabarti has experience in the enterprise and cloud-based company area. Chakrabarti was p...

READ MORE...
Monday, March 19, 2018

The Riveter Finds $4.75M For Female Workspaces

Seattle-based The Riveter, which operates female focused coworking spaces, including two in Seattle, has raised $4.75M in a funding round, the company said on Monday. The first round of institutional funding was led by Madrona Venture Group...

READ MORE...
Friday, March 16, 2018

Boeing Backs Radar Developer Fortem Technologies In $15M Funding Round

Boeing has put its backing behind Fortem Technologies, a startup developing small, compact radar systems designed to detect airborne objects, as part of a $15M Series A funding for Fortem. Fortem announced on Thursday it has raised $15M in ...

READ MORE...
Friday, March 16, 2018

Skilljar Snags $16.4M For Customer Training Tools

Seattle-based Skilljar, which provides an online training software product that helps enterprises train their customers and partners, has raised $16.4M in a Series A funding, the company said on Thursday. The funding came from Mayfield and ...

READ MORE...
Tuesday, March 13, 2018

Spaceflight Industries Lands Funding From Thales Alenia Space, Telespazio

Seattle-based Spaceflight Industries has received an investment from The Space Alliance, the joint venture of Thales Alenia Space and Telespazio, as part of a larger, $150M funding effort, the company said this morning. According to the com...

READ MORE...
Monday, March 12, 2018

Unearth Gets $3M For Construction Software

Seattle-based Unearth, a developer of construction documentation software, aimed at large-scale commercial and civil construction projects, said on Monday that it has raised $3M in a funding round. The round was led by Madrona Venture Group...

READ MORE...
Monday, March 12, 2018

Ignition Partners Adds Venture Advisors

Bellevue-based venture investor Ignition Partners has added two new venture advisors to the firm, saying Friday that it has added Jim DuBois, the former CIO of Microsoft, and Satbir Khanuja, the former CEO of Datasphere as Venture Advisors....

READ MORE...
Friday, February 16, 2018

Founders' Co-op Seeks Fourth Fund, Worth $25M

Seattle-based venture capital investor Founders' Co-op has raised $10.7M in funding as it seeks to raise its fourth fund, targeted at $25M. According to a regulatory filing, so far, 57 investors have invested in the new fund. The new fund i...

READ MORE...
Thursday, February 8, 2018

TurboPatent Takes $3.25M

Seattle-based TurboPatent, which is using artificial intelligence, combined with patent experts, to automatically general patents and drawings, has raised $3.25M in a funding round, the company disclosed on Thursday. The funding was led by ...

READ MORE...
Thursday, February 8, 2018

Icertis Gets $50M Funding

Seattle-based Icertis said on Thursday that it has raised $50M in a Series D funding round. The company--which develops contract lifecycle management (CLM) software--said the funding was led by Meritech Capital, and also included PSP Growth...

READ MORE...
Tuesday, February 6, 2018

Zillow's Rascoff Backs Beauty Startup

Spencer Rascoff, the CEO of Zillow is one of the angel investors in a new startup, Beauty By Design, a company offering up "hyper-personalized" beauty products based on a customer's skin. Beauty By Design said this morning that it raised $2...

READ MORE...
Thursday, February 1, 2018

Pulse Labs Picks Up $2.5M For Voice Analytics

Seattle-based Pulse Labs, which is developing software to understand how people interact with voice apps such as Alexa, has raised $2.5M in a seed funding round. The funding was led by Madrona Venture Group, and also included Amazon Alexa F...

READ MORE...
Thursday, February 1, 2018

Ignition's Trifacta Gets $48M More For Data Software

One of the startups backed by Seattle-based venture investor Ignition Partners has just received a big new funding round. San Francisco-based Trifacta, a developer of "data wrangling" tools, has raised $48M in a new funding round, accordin...

READ MORE...
Wednesday, January 31, 2018

Heyou Media Raises New Funding

Seattle-based digital media company Heyou Media, which was founded by actor and filmmaker Tom Skerritt, said it has raised new funding. Size of the new funding was not announced. According to Heyou Media, the investors include Bill Ruckels...

READ MORE...
Wednesday, January 31, 2018

Bill Gates Backed Memphis Meats Gets New Funding From Tyson Foods

Memphis Meats, a Bill Gates-backed startup which is developing lab-grown, meat products--meat produced directly from animal cells, rather than by raising animals--has received an investment from Tyson Foods, the company said this week. Siz...

READ MORE...
Monday, January 29, 2018

Igneous Finds $15M For Hybrid Cloud Backup

Seattle-based Igneous Systems, wich develops hybrid cloud backup and archive software, said this morning that it has raised $15M in its Series B funding. The funding came from Vulcan Capital and Orca Bay Capital. As part of the funding, Ste...

READ MORE...
Thursday, January 25, 2018

Privateer Holdings Raises $100M More

Seattle-based cannabis investment firm Privateer Holdings has raised $100M more as part of a Series C funding, the company said on Thursday, bringing the company's total funds raised to $200M. The private equity investor--which invests spec...

READ MORE...
Wednesday, January 24, 2018

Fleet Finds $10M More

Portland-based Fleet, a developer of technology to help small and midsized businesses arrange shipping of products internationally, has raised $10M in a funding round, the company said on Wednesday. The funding came from Lufthansa, the Germ...

READ MORE...
Tuesday, January 23, 2018

Melinda Gates Backs Aspect Ventures In $181M New Fund

Melinda Gates has made an investment into a Silicon Valley venture capital firm, Aspect Ventures, as part of a new, $181M fund for the venture investment firm. According to Gates, in a statement from Aspect Ventures, she made the investment...

READ MORE...
Tuesday, January 23, 2018

SheerID Gets $18M In New Funding

Portland-based ...

READ MORE...
Friday, January 19, 2018

NurseGrid Connects With $5.7M For Healthcare Scheduling

Portland-based NurseGrid, a developer of healthcare scheduling and staffing software, said this week that it has raised $5.7M in a Series B funding. According to the company, the funding was led by Hatteras Venture Partners. NurseGrid devel...

READ MORE...
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...

READ MORE...
Wednesday, January 17, 2018

Usermind Adds $23.5M

Seattle-based Usermind, which develops software used to improve customer engagement with businesses, said on Wednesday that it has raised $23.5M in a Series C funding round. The round was led by Northgate Capital, and also included current...

READ MORE...
Wednesday, January 17, 2018

LumaTax Raises $3M In Funding

Seattle-based LumaTax, a developer of sales tax compliance software for small businesses, has raised $3M in funding. The funding was led by Cowboy Ventures, and also included Madrona Venture Group, Greycroft Partners and Vulcan Capital. Lum...

READ MORE...
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 ...

READ MORE...
Tuesday, January 2, 2018

Microsoft Backs DNAnexus For Genomic Data Management

Microsoft Corp. has made a strategic investment in Silicon Valley-based biomedical information and data management software provider DNAnexus, as part of a $58M in a financing round, DNAnexus said this morning. The funding was led by Foresi...

READ MORE...
Thursday, December 21, 2017

Streem Secures $1.725M

Portland-based Streem, a startup using mobile, video streaming to help connect home services professionals with their customers, has raised $1.725M in a seed funding, the company said this week. Streem said the funding cam from GVR Fund, Fl...

READ MORE...
Wednesday, December 13, 2017

Microsoft Backs Workboard For Strategy Management Software

Microsoft has made an investment in Silicon Valley-based Workboard, which develops strategy management software, via Microsoft Ventures this morning. Workboard said that both Microsoft Ventures and Floodgate have joined as new investors in ...

READ MORE...
Thursday, December 7, 2017

Microsoft Backs Contrast Security

Microsoft has backed Contrast Security, a developer of application security software, Contrast Security said on Thursday. Size of the funding round was not announced. Contrast Security said it received a strategic funding from AXA Strategic...

READ MORE...
Wednesday, November 29, 2017

Arzeda Adds $3.2M To Series A Funding

Seattle-based Arzeda, which is focused on protein design, metabolic bioengineering, and related protein engineering technology, has raised $3.2M more in funding, bringing the round it announced in July to $15.2M, the company said on Tuesda...

READ MORE...
Monday, November 27, 2017

IOTAS Finds Funding From Intel

Portland-based IOTAS, a developer of technology used for Internet-of-Things (IoT) networking in apartments, has raised a round of funding from Intel. The investment was announced earlier this month. The funding brings its total raised to $6...

READ MORE...
Monday, November 20, 2017

Pixvana Picks Up $14M For Immersive Video

Seattle-based Pixvana said on Monday that it raised $14M in a Series A funding round, for its efforts to deliver immersive video experiences. The startup, headed by CEO Forest Key, said the funding was led by Vulcan Capital, and also inclu...

READ MORE...
Thursday, November 16, 2017

Madrona Venture Group Awards LabintheWild With Annual Prize

Seattle-based venture investor Madrona Venture Group has named the winner of its annual "Madrona Prize", giving a team at UW developing a large-scale, crowdsourcing platform for behaviorial studies with the top prize. Madrona said the Labin...

READ MORE...
Monday, November 13, 2017

Lighter Capital Targets Intuit Developers With New, $15M Fund

Seattle-based financing provider Lighter Capital has launched a new fund, specifically targeted at third party software developers developing app for Intuit, and its popular QuickBooks platform, the company said on Monday. Lighter Capital s...

READ MORE...
Tuesday, November 7, 2017

Ignition Gets Exit At Cloudmark

Seattle-based venture investor has seen an exit in its portfolio, with the acquisition of San Francisco-based Cloudmark. Cybersecurity software developer Proofpoint, which is also based in Silicon Valley, said it would pay $110M in cash for...

READ MORE...
Thursday, November 2, 2017

ExtraSlice Gets $1M For Flexible Workspaces

Bellevue-based flexible workspace provider ExtraSlice said on Thursday that it has raised $1M in a funding round, to help it with infrastructure and space expansion, plus sales and marketing. The new funding came from oth angel investors, a...

READ MORE...
Wednesday, November 1, 2017

Frazier Healthcare Partners Raises $419M Life Sciences Fund

Seattle- and Menlo Park, California-based Frazier Healthcare Partners, which invests in life sciences companies, said on Wednesday that it has raised $419M in a new fund, Frazier Life Sciences IX, L.P.. The company said it exceeded its fund...

READ MORE...
Wednesday, November 1, 2017

LumiThera Lands $5.5M

Seattle-based medical device startup LumiThera, which is developing medical devices to treat age-related macular degeneration (AMD), has raised $5.5M in a Series B funding round. The funding was led by WaterStone Capital, and also included ...

READ MORE...
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...

READ MORE...
Tuesday, October 31, 2017

Remitly Raising $115M From Naspers

Seattle-based overseas remittance provider Remitly is raising a massive, $115M funding round, the company said today, in its Series D funding. According to Remitly, the round will be led by PayU, the fintech investment division of Naspers, ...

READ MORE...
Tuesday, October 24, 2017

Drift Gets $7M For Energy Marketplace

Seattle-based Drift, which operates an online, energy marketplace which connects energy users with renewable energy sources, has raised $7M in a funding round, the company disclosed this week. The company is backed by IA Ventures, First Rou...

READ MORE...
Friday, October 20, 2017

Maveron Portfolio Company, August Home, Acquired For Smart Lock Technology

August Home, the smart lock maker which is backed by Maveron, has been acquired by ASSA ABLOY. Financial details of the acquisition were not announced. August was venture backed by Bessemer Venture Partners, Comcast Ventures, Maveron, Qualc...

READ MORE...
Friday, October 20, 2017

Eclypsium Finds Funding From Intel For Security Software

Portland-based Eclypsium, a startup which is developing technology that helps organizations defend their systems against firmware, hardware and supply chain attacks, has raised funding from Intel Capital for its efforts, Intel said on Thurs...

READ MORE...
Thursday, October 19, 2017

Hiya Secures $18M To Shut Down Phone Spam

Seattle-based Hiya, a startup developing technology to battle unwanted phone calls to your mobile phone, has raised $18M in a funding round, the company said today. The company, started by startup veteran Alex Algard, said the funding was l...

READ MORE...
Thursday, October 19, 2017

MightyAI's Matt Bencke Passes Away After Cancer Battle

Matt Bencke, the CEO and co-founder of Seattle-based MightyAI, has passed away after a short battle with pancreatic cancer, according to MightAI co-founder Daryn Nakhuda. Bencke, who was only recently diagnosed with cancer, was 45. Bencke l...

READ MORE...
Wednesday, October 18, 2017

Torch 3D Finds $3.5M For AR, VR Prototyping

Portland-based Torch 3D has raised $3.5M for its augmented and virtual reality prototyping software, the company said Wednesday. The funding was led by The VR Fund and Silicon Valley Data Capital, and also included Seven Peaks Ventures, GVR...

READ MORE...
Tuesday, October 17, 2017

LevelTen Energy Gets $6.8M For Renewable Energy Efforts

Seattle-based LevelTen Energy, which develops a marketplace that helps corporation purchase renewable energy--through power purchase agreements (PPAs)--has raised $6.8M in a funding round, according to the company. The Series A funding came...

READ MORE...
Tuesday, October 17, 2017

Vacasa Pulls In $103.5M Mega Round For Vacation Rental Management

Portland-based Vacasa, which provides vacation rental management services, has pulled in a giant $103.5M funding round this morning, to help it grow its business. According to Vacasa, the Series B funding round was led by Riverwood Capital,...

READ MORE...
Wednesday, October 11, 2017

Wicket Labs Snags $2M For Media Analytics

Seattle-based Wicket Labs, a developer of analytics software for media companies, has raised $2M in a seed funding round. The funding came from Madrona Venture Group, Divergent Ventures and angels. Wicket's software, Wicket Scorecard, provi...

READ MORE...
Tuesday, October 10, 2017

Vulcan Backs CleanFund In $15M Funding, $100M In Financing

Vulcan Capital, the venture capital arm of Microsoft co-founder Paul Allen, is the lead investor in a provider of clean energy financing. CleanFund Commercial Capital, which offers commercial Property Assessed Clean Energy (PACE) funding a...

READ MORE...
Thursday, October 5, 2017

FlyHomes Captures $4M In Funding

Seattle-based real estate startup FlyHomes said Thursday that it has raised a total of $4M in funding, including $2M in a Series A equity funding, plus $2M in debt. The funding was led by Mark Vadon (Blue Nile, Zulily), and also included Pr...

READ MORE...
Monday, October 2, 2017

Bill4Time Finds Funding

Bellevue, Washington-based Bill4Time, a developer of cloud-based, time and billing software, has raised a round of funding from Alpine Investors, according to Alpine. Financial terms of that investment were not announced. As part of the fun...

READ MORE...
Thursday, September 28, 2017

EchoNous Raises $35M for Ultrasound Efforts

Seattle-based EchoNous, a developer of miniaturized ultrasound devices, said today that it has raised another $35M in funding, from existing investors KKR. The funding comes on top of an earlier $35M the company receied from KKR in 2015. Ec...

READ MORE...
Wednesday, September 20, 2017

98point6 Finds $19.5M In Series B Funding

Seattle-based 98point6, a startup developing personalized healthcare consultation, diagnosis, treatment and follow-up, said this week that it had raised $19.5M in a Series B funding round. Source of the funding was not announced. According ...

READ MORE...
Wednesday, September 13, 2017

Heptio Finds $25M More

Seattle-based Heptio, a startup developing "container" software based on the open source Kubernetes package, said today that it has raised $25M in a Series B funding. The funding was led by Madrona Venture Group, and also included Lightspee...

READ MORE...
Tuesday, September 12, 2017

SendInBlue Gets $36M, Expands In Seattle

SendinBlue, a French startup developing marketing software for small businesses, has raised $36M, to help it expand in Seattle and elsewhere. According to SendInBlue, the Series A funding was led by Partech Ventures. SendInBlue specifically...

READ MORE...
Friday, September 8, 2017

Cardiac Insight Collects $4.5M

Kirkland-based medical device maker Cardiac Insight said thsi week that it has raised $4.5M in a Series C-1 round of funding. As part of the funding, the company said it has added Clifford J. Stocks to its board of directors. Source of the...

READ MORE...
Friday, September 8, 2017

Russell Wilson's TraceMe Raises $9M For Social Media Site

Seahawks quarterback Russell Wilson has raised $9M in a funding round for a new, Seattle-based social media startup TraceMe, with Madrona Venture Group in the lead, with Bezos Expeditions, Joe Tsai (co-founder of Alibaba), Chad Hurley (co-f...

READ MORE...
Friday, September 8, 2017

Taunt Takes $1.75M For Esports Platform

Seattle-based Taunt, a spinout of Pioneer Square Labs, says it has raised $1.75M in a seed funding round. The startup, led by Pioneer Square Labs' Ben Gilbert, said the funding was led by Foundry Group, and also included Vulcan Capital. Tau...

READ MORE...
Wednesday, September 6, 2017

Snowflake Adds Capital One Growth Capital To Series D Funding

Snowflake Computing, which develops data warehouse technology for cloud computing which has offices in Bellevue, and is backed by Madrona Venture Group, said this morning that it has added Capital One Growth Ventures to its latest funding r...

READ MORE...
Friday, September 1, 2017

Maveron Backs SafeTrek In $3.2M Round For Personal Safety App

SafeTrek, the developer of a personal safety app which calls the police for you with your information when you are scared, has raised $3.2M in a seed funding round, the company said on Thursday. The St. Louis startup said the round was led ...

READ MORE...
Thursday, August 31, 2017

MicroVision Gets $3.15M In PIPE

Redmond-based MicroVision, which develops ultra-miniature laser displays, said this week it has raised $3.15M. The company said the funding came from an un-named, private investor, who is a current shareholder at the company. The company sa...

READ MORE...
Tuesday, August 29, 2017

Amplero Adds $17.5M

Seattle-based artificial intelligence software developer Amplero said on Tuesday that it has raised $17.5M in a Series B funding. The funding was co-led by Greycroft and Ignition Partners, and also included Wildcat Venture Partners, Seven P...

READ MORE...
Wednesday, August 23, 2017

Open Listings Debuts In Seattle

Open Listings, a venture-backed startup which helps people find, tour, and buy homes, said Wednesday that it had launched in Seattle. Open Listings has an online service which lets real estate buyers find, tour, and buy homes entirely onlin...

READ MORE...
Wednesday, August 23, 2017

Bill Gates Backs Company's Creation Of Lab Grown Meat

Bill Gates is backing a Silicon Valley startup, which is developing lab-grown meat, which--instead of being produced from animals--is grown directly from animal cells. According to San Francisco-based Memphis Meats, it raised $17M in a Ser...

READ MORE...
Friday, August 18, 2017

ThoughtSpot, With Offices In Seattle, Gets $60M For AI Analytics

ThoughtSpot, a developer of artificial intelligence analytics software which has one of its offices in Bellevue, said on Thursday that it has raised $60M in new funding. The funding came from LightSpeed Ventures, and also included Capital O...

READ MORE...
Monday, August 14, 2017

IOpipe Raises $2.5M For Serverless Apps

Seattle-based IOpipe, a developer of software tools used for "serverless" application development, has raised $2.5M in a seed funding round. The funding came from Madrona Venture Group, NEA, Underscore VC, and others. IOpipe's co-founder an...

READ MORE...
Monday, August 14, 2017

GawkBox Gets $3.7M To Enable Tipping For Game Streaming

Seattle-based GawkBox, which develops software and services to help live videogame streamers and other content creators collect "tips" from their viewers, has raised $3.7M in a Series A funding round. The funding was led by Madrona Venture ...

READ MORE...
Tuesday, August 8, 2017

Pro.com Raises $10M For Home Improvement Marketplace

Seattle-based Pro.com, an online service which provides carpenters, electricians, and project managers, as well as subcontractors, for the home improvement projects of homeowners, has raised $10M in a funding round, the company said on Tues...

READ MORE...
Wednesday, August 2, 2017

Amazon's Alexa Fund Backs TrackR

The Amazon Alexa Fund, the venture capital fund run by Amazon.com that invests in Alexa-related startups, is one of the backers in a new funding round for TrackR. TrackR, based in Santa Barbara, California, said on Wednesday that it had rai...

READ MORE...
Wednesday, August 2, 2017

Azuqua Gets $10.8M For Cloud Business Software

Seattle-based Azuqua said on Tuesday that it has raised $10.8M in a Series B funding, for its enterprise-focused, cloud connectivity software. The funding was led by Insight Venture Partners, and also included DFJ and Ignition Partners. Azu...

READ MORE...
Wednesday, August 2, 2017

Naveen Jain's VIOME Raises $15M

VIOME, a health testing startup co-founded by Naveen Jain of Intelius/InfoSpace, has raised $15M in a funding. VIOME, which says it is using artificial intelligence with health testing to help provide insights into personal health, said it ...

READ MORE...
Tuesday, August 1, 2017

Maveron, Madrona Back Booster's Mobile Gas Service

Two, Seattle area investors-Maveron Ventures and Madrona Venture Group have again put funding into mobile, on-demand gas fueling service Booster, as part of a $20M, Series B funding for Booster today. Booster said the new round came from Co...

READ MORE...
Tuesday, August 1, 2017

Bill Gates Backs Company Making Sustainable Burgers

Bill Gates is one of the backers of Impossible Foods, the developer of a burger which looks and tastes like a beef burger--but is actually vegetarian. Impossible Foods said today that it has raised $75M in a funding round, which was led by ...

READ MORE...
Monday, July 31, 2017

Kerrits Activewear Gets Strategic Investment

Bingen, Wash.-based Kerrits Activewear, a designer, marketer, and distributor of apparel for the equestrian sports industry, has scored a strategic growth investment, the company said Monday. Financial details of the investment were not ann...

READ MORE...
Thursday, July 27, 2017

Cyrus Biotechnology Raises $8M In Series A

Seattle-based Cyrus Biotechnology, a biotechnology software developer focused on protein modeling and design, has raised $8M in a Series A funding, the company said this morning. The funding was led by Trinity Ventures, and also included Or...

READ MORE...
Wednesday, July 26, 2017

Maveron Re-Ups On August Home's Smart Lock Efforts

Seattle-based venture investor Maveron has re-upped its investment in smart lock maker August Home, as part of a new $25M Series C funding. August said this morning the round came from Bessemer Venture Partners, Comcast Ventures, Maveron an...

READ MORE...
Tuesday, July 25, 2017

Site1001 Raises $6M For Facilities Management Software

Site1001, a startup developing software for facilities maintenance and management, which has its R&D center in Bend, Oregon, has raised $6M in a Series A funding, the company said on Tuesday. The funding came from prior investors, including...

READ MORE...
Tuesday, July 25, 2017

Convoy Gets $62M More For Freight Marketplace

Seattle-based ...

READ MORE...
Monday, July 24, 2017

Sightbox Sees $2.4M For Subscription Contact Lens Service

Portland, Oregon-based Sightbox, a startup which offers up a subscription service which combines an annual eye appointment with 12 months worth of contact lenses, has raised $2.4M in a funding round, the company disclosed last week. The fun...

READ MORE...
Monday, July 24, 2017

Arzeda Gets $12M For Bioengineering Tools

Seattle-based Arzeda, a developer of computational, protein design and bioengineering tools, has raised $12M in a Series A funding, the company said last week. The funding was led by OS Fund, and also included Bioeconomy Capital, Sustainabl...

READ MORE...
Monday, July 24, 2017

LiveStories Lands $10M

Seattle-based LiveStories, a startup which is making it easier for cities, counties, government agencies, and nonprofits to share civic data with the public, has raised $10M in a Series A funding round, which was led by Ignition Partners, a...

READ MORE...
Thursday, July 20, 2017

Bezos Expedition Backs Plenty In $200M Round For Indoor Agriculture

Bezos Expeditions, the venture capital investment fund of Amazon.com founder Jeff Bezos, has made an investment in Plenty. According to Plenty, it raised $200M in a Series B funding round on Wednesday. The funding was led by the SoftBank V...

READ MORE...
Wednesday, July 19, 2017

HaloSource Finds $2.2M For Clean Water Efforts

Bothell-based water filtration startup HaloSource announced on Wednesday that it has raised $2.2M in a strategic funding round, to grow its products in the global market. Source of the new funding was not announced. According to HaloSource,...

READ MORE...
Tuesday, July 18, 2017

Tomorrow Takes $2.6M For Mobile Insurance, Wills

Seattle-based Tomorrow, a startup which helps users create their own, free will and trust--and sells them life insurance--has raised $2.6M in a seed funding, and launched its services. The funding came from Maveron, CFSI, Echelon Capital, C...

READ MORE...
Monday, July 17, 2017

Bright.md Raises $8M

Portland-based Bright.md, a developer of a virtual patient visit tool for the healthcare industry, has raised $8M in a Series B funding, the company announced on Monday. The funding was led by B Capital Group, and also included Seven Peaks ...

READ MORE...
Thursday, July 13, 2017

Redfin, Madrona, Pioneer Square, Others Back Diversity Effort

Seattle-based Redfin, along with Seattle's Madrona Venture Group and Pioneer Square Labs, is backing a new effort to spur diversity on the board of directors of startups, the company announced on Thursday. Redfin said the new #DiverseFromTh...

READ MORE...
Thursday, July 13, 2017

RiskLens Gets $5M For Cyber Risk Management

Seattle-based RiskLens, a developer of cyber-risk management software, has raised $5M in a Series A funding round, the company said this week. The funding was led by Osage Venture Partners, and also included Paladin Capital Group, Dell Tech...

READ MORE...
Thursday, July 13, 2017

Rover Raises $65M More

Seattle-based Rover.com, which operates a marketplace to connect pet owners with pet sitters and dog walkers, has raised $65M in a funding round, the company announced this morning. The funding was led by Spark Capital, and also included Be...

READ MORE...
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 ...

READ MORE...
Wednesday, July 12, 2017

Zillow Backs Hutch With $10M

Seattle-based Zillow Group as made a $10M investment in mobile, home design app developer Hutch, the companies disclosed this morning, with Zillow's Spencer Rascoff joining Hutch's board. Hutch, which is based in Los Angeles, lets mobile us...

READ MORE...
Monday, July 10, 2017

Inpria Gets $23.5M More For UV Lithography Technology

Corvallis, Oregon-based Inpria, a developer of technology used for extreme ultraviolet lithography (EUV), has raised $23.5M in a Series B funding. The funding was led by Samsung Ventures and also included ALIAD (the investment arm of Air Li...

READ MORE...
Monday, July 10, 2017

Matcherino Takes $1.5M For Esports Crowdfunding

Seattle-based Matcherino, which operates a service to help gamers crowdfund their own tournaments, has raised $1.5M in funding, the company disclosed last week. The funding came from Madrona Venture Group, Vulcan Capital, and Seven Peak Ven...

READ MORE...
Friday, July 7, 2017

JetClosing Raises $2M More For Real Estate Paperwork Automation

Seattle-based startup JetClosing, which is developing a mobile-based service which automates all of the paperwork involved in residential real estate closing, has raised $2M more in funding, the company disclosed this week. The funding came...

READ MORE...
Friday, June 30, 2017

Make.TV Gets $8.5M, Sets Up Offices In Seattle

Make.TV, a developer of cloud-based, live video acquisition software, said Thursday that it has set up an office in Seattle, after raising $8.5M in funding from Voyager Capital, Microsoft Ventures, and Vulcan Capital, along with Arnold Vent...

READ MORE...
Thursday, June 29, 2017

Pioneer Square Labs Adds Sandler As Managing Director

Seattle-based startup studio Pioneer Square Labs said on Thursday that it has named Julie Sandler as a Managing Director. Sandler is the lab's fourth director, joining Greg Gottesman, Geoff Entress, Mike Galgon, and Ben Gilbert in running t...

READ MORE...
Tuesday, June 27, 2017

Auth0 Raises $30M More

Bellevue-based Auth0, a developer of identity management software, said on Tuesday that it has raised $30M in a Series C funding. The funding was led by Meritech Capital Partners, and also included Bessemer Venture Partners, Trinity Venture...

READ MORE...
Wednesday, June 21, 2017

Textio Takes $20M

Seattle-based Textio, a developer of software tools to help create effective job listings, has raised $20M in a Series B funding round, the cmpany said on Wednesday. The funding was led by Scale Venture Partners, and also included Emergence...

READ MORE...
Friday, June 16, 2017

Pivotal Commware Connects With $17M

Bellevue-based Pivotal Commware, a new, metamaterials spinout of Intellectual Ventures, said on Friday that it has raised $17M in an initial funding. The funding came from The Thermo Companies and DIG Investment, plus Bill Gates, Lux Capita...

READ MORE...
Thursday, June 15, 2017

Highspot Snags $15M More

Seattle-based Highspot, a developer of content optimization and analytics software used by sales and marketing teams to better engage with potential customers, has raised $15M in a Series B funding, the company said this morning. The fundin...

READ MORE...
Thursday, June 15, 2017

LabConnect Finds $24.5M

Seattle-based LabConnect, a provider of laboratory and support services for the biopharmaceuticals and medical device industries, has raised $24.5M in a Series A funding. The funding came from ABS Capital Partners, Pablo Capital, and BroadO...

READ MORE...
Wednesday, June 14, 2017

Arivale Adds $13.6M For Scientific Wellness Efforts

Seattle-based scientific wellness startup Arivale has raised $13.6M in an ongoing funding round, according to a regulatory filing from the firm on Tuesday. Details on the funding--which has a target of just shy of $30.0M--have not yet been ...

READ MORE...
Monday, June 12, 2017

Carena Raises $6.0M For Telemedicine Technology

Seattle-based Carena, which provides telemedicine services and technology to hospitals, has raised $6.0M in its latest funding round, according to a regulatory filing by the company. Details on the funding have not yet been announced by the...

READ MORE...
Monday, June 12, 2017

Maveron, Vulcan Back Nomadic For VR Content

Two, Seattle-area investors, Maveron and Vulcan Capital, have backed a developer of virtual reality entertainment content and retail VR experience centers, Nomadic. Nomadic said this morning that it has raised $6M for its efforts to create ...

READ MORE...
Tuesday, May 30, 2017

Bill Gates Backs Change.org

Change.org, an online site which lets users create petitions to lobby for change and causes, has received backing from Bill Gates, the company revealed last week. The company said it received more than $30M in venture capital funding from s...

READ MORE...
Friday, May 26, 2017

Spin Scores $8M As It Expands Bike Sharing In Seattle

Spin, a startup which has been ramping up its bike sharing service in Seattle, said on Thursday that it has raised $8M in a Series A funding round. The funding was led by Grishin Robotics, and also included Exponent, CRCM, as well as Charli...

READ MORE...
Tuesday, May 23, 2017

Outreach Finds $30M In New Funding

Seattle-based Outreach, which develops sales automation software, has raised $30M more in funding, according to the company. The funding was led by DFJ Growth, and also included Four Rivers Group, Mayfield, MHS Capital, Microsoft Ventures a...

READ MORE...
Monday, May 22, 2017

Echodyne Gets $29M For Radar Technology

Bellevue-based Echodyne, a developer of technology being used to provide radar to small vehicles like drones and other unmanned aerial vehicles, has raised $29M in a Series B funding, the company said this morning. The funding was led by NE...

READ MORE...
Monday, May 22, 2017

CreativeLive Raises $25M More

Seattle-based CreativeLive, which provides online, video-based classes on a range of subjects ranging from Adobe design software to commercial photograph, has raised $25M more in funding. The new funding was led by GSV Acceleration, and als...

READ MORE...
Thursday, May 18, 2017

Zapproved Acquired By Vista Equity Partners

Portland-based Zapproved, a developer of cloud-based, e-discovery software, has been acquired by private equity investor Vista Equity Partners. Financial details of the majority strategic investment were not announced. Vista Equity said Zap...

READ MORE...
Tuesday, May 9, 2017

Microsoft Invests In Two Artificial Intelligence Startups

Microsoft, via its Microsoft Ventures investment arm, made two investments in artificial intelligence startups, the company announced last week. Microsoft Ventures invested in Agolo, a startup developing software to analyze and summarize th...

READ MORE...
Wednesday, May 3, 2017

Startup's Apple Picking Robots Get $10M

One day soon, driving through the Wenatchee Valley, instead of seeing workers wandering down the rows picking the region's famous apples--it might be a shiny, automated robot. A startup, which was originally funded by research from the Was...

READ MORE...
Tuesday, May 2, 2017

Kerr Avionics Raises $160,000 From Oregon BEST

Wilsonville, Oregon-based Kerr Avionics, a startup commercializing research from Oregon Tech to help pilots "see" through dense fog, has receveid $160,000 in an early stage investment from nonprofit startup support group Oregon BEST, the tw...

READ MORE...
Thursday, April 27, 2017

Wibotic Finds $2.5M For Wireless Power For Robots

Seattle-based Wibotic, a developer of wireless power and battery products for the robotics industry, has raised $2.5M in a seed funding round, the company said this week. The funding came from Tsing Capital, and also included Comet Labs and...

READ MORE...
Thursday, April 27, 2017

Bezos Portfolio Firm EverFi Adds $190M

Everfi, the developer of digital learning, financial literacy, and other products for the education and other markets which is backed by Jeff Bezos, has raised $190M in a new funding round. The funding was led by The Rise Fund, and also inc...

READ MORE...
Tuesday, April 25, 2017

MPRICA Health Finds $4.6M

Seattle-based MPRICIA, a developer of healthcare quality scoring software, announced today that it has raised $4.6M in funding. The funding was led by equity crowdfunding site OurCrowd, along with an un-named, Seattle-based equity investor....

READ MORE...
Tuesday, April 25, 2017

Twistlock, With Offices In Portland, Raises $17M For Container Security

Twistlock, a startup developing cloud-based, container security software, has raised $17M in a Series B funding, the company announced today. Twistlock has an office in Portland, which it just opened in Q4. The funding was led by Polaris Pa...

READ MORE...
Tuesday, April 18, 2017

Vicis Raises $8M More

Seattle-based VICIS, a University of Washington spinout which is developing better football helmets to prevent concussions in football players, has raised $8M in a convertible note funding, according to a regulatory filing by the company. T...

READ MORE...
Monday, April 17, 2017

M3 Biotechnology Gets $1.4M

Seattle-based M3 Biotechnology, a company which is developing small molecule therapeutics aimed at Alzheimer's treatment, has raised $1.4M in a Series B funding, the company said Monday. The funding came from Dolby Family Ventures and the A...

READ MORE...
Tuesday, April 11, 2017

Microsoft Ventures Backs Synack For Crowdsourced Penetration Testing

Microsoft Ventures, the venture capital arm of Microsoft is the lead investor in a "white hat" hacking firm called Synack, which announced a $21.25M Series C funding on Tuesday. The funding was led by Microsoft Ventures, and also included H...

READ MORE...
Tuesday, April 11, 2017

Mylio Gets $25M From Chinese Investor

Bellevue-based Mylio, a startup developing privacy focused, Internet mesh file systems, has raised $25M in cash from an undisclosed Chinese company, the company said last week. The company said the funding will go towards a joint venture an...

READ MORE...
Tuesday, April 11, 2017

Madrona's Branch Finds $60M More

Branch, a Madrona-backed developer of "deep linking" technology that allows developers to directly link to specific functions within mobile apps from websites and mobile messaging, has raised $60M more in a Series C funding, the company dis...

READ MORE...
Monday, April 10, 2017

Kymeta Raises $73.5M

Redmond, Washington-based satellite antenna technology developer Kymeta has raised $73.5M in new funding, from fifteen investors, according to a regulatory filing by the company. Names of the investors in the new round have not yet official...

READ MORE...
Wednesday, April 5, 2017

Critical Informatics Raises $3.25M, Sets Up Office In Seattle

Critical Informatics, a provider of managed cybersecurity services, has raised $3.25M in a Series A funding, the company announced on Wednesday. The funding was led by East Seattle Partners, led by Alan Frazier. According to the company, it...

READ MORE...
Wednesday, April 5, 2017

Snowflake Picks Up $100M To Grow Bellevue Engineering Efforts

Snowflake Computing, a startup which operates a cloud-based data warehouse service and just opened up a new office in Bellevue, has raised $100M in a funding round, specifically geared at expanding its presence at that new office. According...

READ MORE...
Tuesday, April 4, 2017

Maveron Gets Exit At PetCoach

Seattle-based venture investor Maveron has just seen an early exit, via PetCoach, a website which had allowed veterinarians and other professionals provide answers to health and wellness questions to pet owners. Pet giant Petco said it acqu...

READ MORE...
Tuesday, April 4, 2017

Qumulo Connects With $30M More

Seattle-based Qumulo, a developer of storage hardware designed to scale into the tens of billions of files, has raised $30M in funding, the company said on Tuesday. The funding was led by Northern Light Venture Capital, and also included un...

READ MORE...
Tuesday, April 4, 2017

LeafLink Finds $3M For Cannabis E-Commerce Software

Seattle-, Denver-and New York-based LeafLink, a software developer focused on the cannabis e-commerce market, has raised $3M in a seed funding, the company said this week. The funding was led by Lerer Hippeau Ventures, along with Casa Verde...

READ MORE...
Monday, April 3, 2017

RBC Signals Finds $1.5M

Seattle-based RBC Signals, which operates a network of satellite ground stations, which can be used to receive signals from satellites, has raised $1.5M in a seed funding. Source of the funding was not announced. RBC Signals is led by CEO C...

READ MORE...
Wednesday, March 29, 2017

Icertis Gets $25M In Series C

Bellevue-based Icertis, which develops enterprise contract management software, has raised $25M in a Series C funding, the company said today. The funding was led by B Capital Group, and also included Ignition Partners, Greycroft in partner...

READ MORE...
Tuesday, March 28, 2017

Wrench Raises $4M For On Demand Car Repair

Seattle-based Wrench, which offers up on-demand, on-site car repair services, has raised $4M in a Series A funding, the company announced this morning. The round was led by Madrona Venture Group. The company said it will use the funding to ...

READ MORE...
Monday, March 27, 2017

Vantage Data Centers, With Facility In Quincy, Acquired

Vantage Data Centers, a data center operator which has a small, 6MW data center in Quincy, Washington--but more extensive holdings in Silicon Valley--has been acquired by a consortium of investors. Vantage Data CEners said it has been acqui...

READ MORE...
Monday, March 20, 2017

Madrona Ventures Boosts Investment Team

Seattle-based venture capital investment firm Madrona Venture Group announced on Monday that it has added two investment professionals to its team. Madrona said it has named Maria Karaivanova as a Principal, where she will focus on sourcing...

READ MORE...
Thursday, March 16, 2017

Microsoft Backs Livongo For Diabetes Care Management

Microsoft Corp., via its vnture capital arm, Microsoft Ventures, has put its backing in a new round of funding for diabetes care management, digital health startup Livongo Health. Livongo announced today that it has raised $52.5M more in an...

READ MORE...
Wednesday, March 15, 2017

Bill Gates Backs Evolv Technology

Bill Gates is one of the investors in a funding round for Massachusetts-based Evolv Technology, which said on Wednesday that it has raised $18M in a Series B funding round. Evolv, which creates a software platform which integrated data from...

READ MORE...
Monday, March 6, 2017

Joyme Capital Launches $360M Video Game Investment Fund

Joyme Capital, an investment fund which has its U.S. headquarters in Bellevue, but is a unit of Chinese company Joyme Group, said today that it has launched a new video game investment fund with partner Kee Ever Bright Technology. The fund ...

READ MORE...
Thursday, March 2, 2017

Imagen Capital Partners Backs Nimble For CRM Tools

Seattle- and Park City, Utah-based Imagen Capital Partners has made an investment in Nimble, a developer of customer relationship management (CRM) software founded by Jon Ferrara, the creator of one of the original CRM software products, Go...

READ MORE...
Monday, February 27, 2017

Microsoft Backs Layer's Business Messaging Software

Microsoft, via its venture capital arm, Microsoft Ventures, has put its backing behind mobile business messaging software developer Layer. Layer announced late last week that it had raised $15M in a funding round, which was was led by Greyc...

READ MORE...
Thursday, February 23, 2017

Privacy Labs Gets $4M

Privacy Labs, a stealthy Bellevue-based startup working on consumer privacy, has raised $4M in a seed funding, according to multiple reports. The funding was led by Initialized Capital, and also included Lemnos Labs, Liquid 2 Ventures, Crun...

READ MORE...
Thursday, February 23, 2017

Microsoft Leads Investment In Drone Map Startup, AirMap

Microsoft Ventures is the lead investor in a startup, AirMap, which operates a service and provide software to help drones avoid restricted airspace. AirMap announced Thursday morning that it had raised $26M in a Series B funding, which was...

READ MORE...
Wednesday, February 22, 2017

Outdoor Project Picks Up $2M

Portland-based Outdoor Project, a startup that operates an online site for outdoors enthusiasts, has raised $2M in a funding round, the company announced on Tuesday. The funding came from The Oregon Angel Fund, and also included the Cascade...

READ MORE...
Tuesday, February 21, 2017

Utrip Finds $4M For Travel Planning Site

Seattle-based Utrip, a startup which is combining artificial intelligence and community feedback to offer up travel recommendations to its users, said Monday that it has it raised $4M in a Series A funding round. The funding came from Plug ...

READ MORE...
Thursday, February 16, 2017

Opal Raises $15.5M For Brand Marketing Tools

Portland-based Opal, a developer of enterprise collaboration software for brand marketers, has raised $15.5M in a Series B funding. The funding was led by Accel, and also included Madrona Venture Group, Seven Peaks Ventures, and MMC Venture...

READ MORE...
Thursday, February 16, 2017

ReplyYes Gets $6.5M For Mobile Messaging For Brands

Seattle-based ReplyYes, a developer of a mobile messaging platform aimed at lifestyle brands, has raised $6.5M in a Series A funding. The funding was led by Madrona Venture Group, Cross Culture Ventures, Lowercase Capital, Muse Capital and ...

READ MORE...
Friday, February 10, 2017

SafeRide Health Snags Funding To Expand To Seattle, Portland

SafeRide Health, which provides transportation of patients to health care providers, has scored funding and backing of startup accelerator and investor Amplify.LA, and is planning to launch in Seattle and Portland. Size of the funding was...

READ MORE...
Tuesday, February 7, 2017

Microsoft Ventures Backs SnapRoute In $25M Funding

Microsoft, is one of the investors in SnapRoute, a startup maintaining an open-source network stack for the data center market. SnapRoute, based in Silicon Valley, said it raised $25M in its Series A funding, which was led by Norwest Ventur...

READ MORE...
Thursday, February 2, 2017

Against Gravity Beams In $5M

Seattle-based virtual reality game maker Against Gravity, maker of the augmented reality/virtual reality title Rec Room, has raised $5M in a seed funding. The funding came from Sequoia, First Round Ventures, Acequia, Vulcan Capital, Maveron...

READ MORE...
Thursday, February 2, 2017

Suplari Secures $3.1M

Seattle-based Suplari, a stealthy enterprise business optimization software developer, disclosed this week that it has raised $3.1M in a funding round. The funding was led by Madrona Venture Group, and also included Amplify Partners. Suplar...

READ MORE...
Thursday, February 2, 2017

VisCardia Finds $12.5M For Heart Failure Treatment

Portland-based VisCardia, a developer of implantable, heart failure treatment devices, has raised $12.5M in a Series B funding, the company said on Wednesday. The funding came from Kinetic Capital Partners. VisCardia said that, simultaneous...

READ MORE...
Wednesday, February 1, 2017

CoolaData Finds $5.6M, Sets Up Shop In Portland

CoolaData, a developer of business intelligence and behavioral analytics software which was founded in Israel, said today that it has raised $5.6M in a funding round, and set up its U.S. headquarters in Portland. The company said that it ha...

READ MORE...
Thursday, January 26, 2017

XXcelerate Fund Aims To Help Women Entrepreneurs

A new, nonprofit startup funding effort, the XXcelerate Fund, announced this week that it has launched and effort to fund female entrepreneurs. The new fund says it will make its first investment later this year, when it reaches its initial...

READ MORE...
Wednesday, January 25, 2017

KenSci Connects With $8.5M To Apply Machine Learning To Health Care

Seattle-based KenSci, a spinout of the University of Washington (UW) Tacoma, which is using machine learning for predicting population health costs and prescribe care to patients, has raised $8.5M in a Series A funding. The funding was led ...

READ MORE...
Wednesday, January 25, 2017

Vioguard Gets $5M

Bothell, Washington-based Vioguard, which develops UV-sanitized keyboards, mice, and other products, has raised $5M in a funding round, the company said on Wednseday. The Series A funding came from Imagen Capital Partners. Vioguard says it ...

READ MORE...
Tuesday, January 24, 2017

Microsoft Backs Israeli Cybersecurity Firm Illusive Networks

Microsoft made an investment in an Israeli cybersecurity company, Illusive Networks, which focuses on development of software to fool attackers looking to breach enterprise systems. Size of the Microsoft Ventures investment was not announce...

READ MORE...
Tuesday, January 24, 2017

Pavia Systems Get $4M

Seattle-based software developer Pavia Systems said today that it has raised $4M in a convertible funding round. The funding was led by Eileses Capital. Pavia Systems said the funding will go to accelerate deployment of its platform, which ...

READ MORE...
Thursday, January 19, 2017

Headset Raises $2.5M For Cannabis Analytics

Seattle-based Headset, which provides retail analytics for the legal cannabis business, said on Thursday morning that it has raised $2.5M in funding. The funding came from Hypur Ventures and Salveo Capital. Headset said it provides the cann...

READ MORE...
Wednesday, January 18, 2017

Voyager Capital Names New Venture Partner

Seattle-based Voyager Capital said this morning that it has named James Newell as a new Venture Partner at the firm. Newell was most recently at IVP in Silicon Valley, but will relocate back to Seattle as part of the hiring. Newell has been...

READ MORE...
Wednesday, January 18, 2017

Microsoft Backs InsideSales In New Unicorn Funding Round

Microsoft Corp. is one of the big investors in a new round for customer relationship and sales management software developer InsideSales. InsideSales--which is one of the highly valued "unicorn" startups--said it raised $50M in a new growth...

READ MORE...
Tuesday, January 17, 2017

Stay Alfred Gets $15M For Short Term Rental Startup

Spokane, Washington-based Stay Alfred, a startup which connects consumers with short term rentals in such cities as Seattle, Boston, Dallas, Denver, Memphis, and beyond, has raised $15M in a Series A funding, according to a regulatory filin...

READ MORE...
Thursday, January 12, 2017

Madrona Names New Managing Director

Seattle-based venture capital investor Madrona Venture Group said this morning that it has added S. "Soma" Somasegar as a new Managing Director at the firm. Somasegar has been a Venture Partner at the investment firm since November of 2015,...

READ MORE...
Wednesday, January 11, 2017

Ignition Partners Gets Exit At Unidesk

Seattle-based venture investor Ignition Partners has chalked up another exit in its portfolio, after the acquisition this week of Unidesk by Citrix. Financial details of the buy, which was announced on Monday, have not been announced, hwoev...

READ MORE...
Tuesday, January 10, 2017

Mighty AI Raises $14M For Machine Learning

Seattle-based Spare5, which had been operating a service to let users perform "microtasks" for others and earn money in their spare time, said on Tuesday that it has become Mighty AI--relaunching the company and focusing on tools, data, and...

READ MORE...
Friday, January 6, 2017

Bill & Melinda Gates Foundation Backs Vir Biotechnology

The Bill & Melinda Gates Foundation is one of the lead backers in a startup, Vir Biotechnology, which is developing cures, treatments, and preventions for challenging infectious diseases. Vir said Friday that it raised $150M in funding from...

READ MORE...
Friday, January 6, 2017

Integrated Diagnostics Finds $6.1M For Lung Cancer Diagnostics

Seattle-based Indi (Integrated Diagnostics) said on Friday that it has raised $6.1M in a financing round, for its development of a molecular diagnostic blood test which helps diagnose lung cancer. The Series C funding came from Baird Capita...

READ MORE...
Friday, January 6, 2017

Gates, Bezos-backed Blood Testing Firm Nears $1 Billion Funding

GRAIL, a startup that is backed by both Bill Gates and Jeff Bezos, and which is developing blood testing technology for early stage cancer detection, is expecting to close a $1 billion, Series B funding, according to its founding investor. ...

READ MORE...
Thursday, January 5, 2017

PVP Biologics Gets $35M From Takeda

PVP Biologics, a biopharmaceuticals firm which is developing treatments for celiac disease, has received $35M from Takeda Pharmaceutical Company Limited, the companies announced on Thursday. PVP Biologics has its research and development la...

READ MORE...
Tuesday, January 3, 2017

Sarcos Robotics Adds Schlumberger, Brings Series A To $15.6M

Bellevue- and Salt Lake City-based Sarcos Robotics, which is developing robotic exoskeletons, announced today that it has had a second close of its Series A financing, bringing the round to $15.625M. The company the additional funding bring...

READ MORE...
Tuesday, December 13, 2016

Drifter Entertainment Raises $2.25M For VR Games

Seattle-based Drifter Entertainment, a startup developing virtual reality, e-sports games, announced today that it has raised $2.25M in a seed funding round. The funding was led by Signia Venture Partners and also included Initialized Capit...

READ MORE...
Monday, December 12, 2016

ApoGen Biotechnologies Wins $7M

Seattle-based ApoGen Biotechnologies, a startup developing a new class of drugs for cancer therapy, has raised $7M in a Series A investment round. The funding came from Accelerator Corporation, AbbVie Ventures, Alexandria Venture Investment...

READ MORE...
Monday, December 12, 2016

Bill Gates, Jeff Bezos Back New $1 Billion Clean Technology Investment Firm

Bill Gates and Jeff Bezos are among a long list of backers of a new, $1 billion clean technology investment firm, Breakthrough Energy, announced by Bill Gates this morning. According to Gates, the new firm is focused on finding affordable a...

READ MORE...
Wednesday, December 7, 2016

Ignition Re-Ups On SnapLogic In $40M Funding

Seattle-based venture investor Ignition Partners has joined in the latest funding round of one of its portfolio companies, SnapLogic, as part of a new, $40M Series F funding. SnapLogic said today that the Series F funding came from Vitruvia...

READ MORE...
Wednesday, December 7, 2016

AxonVR Raises $5.8M For Virtual Reality Technology

Seattle-based AxonVR, a developer of virtual reality "haptic" touch technology, said today that it has raised $5.8M in a seed funding round. AxonVR said the round was led by Chinese company NetEase, and also included Dawn Patrol Ventures an...

READ MORE...
Monday, December 5, 2016

Accompany Raises $20M, Plans To Expand In Portland

Accompany, which develops an app that acts as a "virtual chief of staff" for users, has raised $20M in a funding, and says it plans to expand its offices, including its office in Portland, as a result of the funding. The Silicon Valley star...

READ MORE...
Thursday, December 1, 2016

Blueprint Registry Finds $1.45M

Seattle-based Blueprint Registry, which operates an online wedding registry for couples, has raised $1.45M in a seed funding, the company disclosed this week. The wedding registry ties virtual "blueprints" to games on the registry. Blueprin...

READ MORE...
Monday, November 28, 2016

Sightbox Sees $1.8M

Portland-based Sightbox, a startup which offers up contact lenses and eye exams via subscription, has raised $1.8M in a funding round, the company said last week. The startup, led by Travis Rush, says it is bundling eye exams with an annual...

READ MORE...
Tuesday, November 22, 2016

Uplevel Systems Gets $1.2M For Managed IT Services

Tigard, Oregon-based Uplevel Systems, a provider of managed information technology (IT) services, has raised $1.2M in a funding round, the company said last week. Source of the funding was not announced. Uplevel Systems said the funding wil...

READ MORE...
Tuesday, November 22, 2016

OfferUp Adds $11M, Adds PayPal's Levchin To Round

Bellevue-based OfferUp, which operates an online marketplace app for secondhand items, has added $11M to an already substantial funding round, the company disclosed Monday. The funding came from PayPal co-founder and former CTO Max Levchin....

READ MORE...
Friday, November 18, 2016

Madrona Backs Boomer Lifestyle Brand

Seattle-based venture investor Madrona is one of the backers of a new startup aiming at creating a lifestyle brand aimed at retired baby boomers. Renew, based in the Los Angeles area, said it raised $3M in a Series A funding, which came fro...

READ MORE...
Thursday, November 17, 2016

Heptio Collects $8.5M For Container Software

Seattle-based Heptio, founded by former Googlers Craig McLuckie and Joe Beda, has raised $8.5M in a funding round, the company said Thursday morning. The Series A funding was led by Accel, and also included Madrona Venture Group. Heptio is ...

READ MORE...
Thursday, November 17, 2016

M87 Gets $5M To Improve Wireless Coverage

Seattle-based M87, which develops software to help improve the speed of access to the Internet for wireless carriers and app developers using a network of peer-to-peer devices, has raised $5M in a funding round, the company announced late t...

READ MORE...
Monday, November 14, 2016

Vacasa Expands Series A To $40M

Portland-based Vacasa announced this morning that it has expanded its Series A funding to $40M. The additional funding came from Assurant. Vacasa devleops technology used for vacation rental management. The company founded and is led by CEO...

READ MORE...
Thursday, November 10, 2016

Virtuozzo Names CEO

Seattle-based virtualization software provider Virtuozzo said this afternoon that it has named George Karidis as its new CEO. Karidis was most recently President, Cloud Technology Services at CompuCom, and also served as Chief Strategy Offi...

READ MORE...
Thursday, November 3, 2016

Planetary Resources Raises $27.75M From Luxembourg

Redmond-based asteroid mining startup Planetary Resources has finalized its deal with the government of Luxembourg, which will net the company $27.75M in funding, the company said today. The company said the 25 million euro investment (roug...

READ MORE...
Thursday, November 3, 2016

Amazon's Alexa Fund Backs Owlet's Smart Baby Monitoring Socks

Amazon.com has made an investment in Owlet Baby Care, a maker of a wearable sock for babies, which monitors their oxygen levels and heart rates and sends them to a smartphone, as part of a funding round today. Owlet said the funding came f...

READ MORE...
Wednesday, November 2, 2016

Atlas Informatics Finds $20.7M For Search Software

Seattle-based Atlas Informatics, which develops search software which indexes and searches everything across a user's devices and apps, has raised $20.7M in a funding round. The funding came from Microsoft Corp., Nathan Myhrvold, and Aspect...

READ MORE...
Friday, October 28, 2016

Bezos Backs UNITY Biotechnology In New Funding

Bezos Expeditions, the venture arm of Jeff Bezos, is one of the investors in a big $116M funding round for Silicon Valley-based biotechnology developer UNITY Biotechnology. UNITY announced a funding this week, a Series B, which came from AR...

READ MORE...
Thursday, October 27, 2016

Ignition Names Bob Kelly As Managing Partner

Bellevue-based venture capital investment firm Ignition Partners has named former Microsoft executive Bob Kelly as a Managing Partner at the company, the company announced this morning. Ignition said Kelly will be one of the firm's four par...

READ MORE...
Tuesday, October 25, 2016

Microsoft Backs Paxata

Microsoft Ventures is one of the backers in the latest round for Silicon Valley-based Paxata, a developer of data management software for the enterprise data analytics market. Paxata said Monday it raised $33.5M in funding, led by Intel Cap...

READ MORE...
Thursday, October 20, 2016

Madrona Awards UW Computer Science and Engineering Team With Prize

Seattle-based venture capital investor Madrona Venture Group said today that it has awarded a prize, the "Madrona Prize," to a team of graduate students from the University of Washington. According to Madrona, the prize--in its eleventh yea...

READ MORE...
Thursday, October 20, 2016

Nvoicepay Gets $10M For Payment Automation Software

Beaverton, Oregon-based Nvoicepay, which develops payment automation software for the enterprise, announced on Wednesday that it has received $10M in a growth equity financing from Napier Park Financial Partners. Nvoicepay, which is led by ...

READ MORE...
Wednesday, October 19, 2016

Leanplum Lands $29M

Mobile marketing software developer Leanplum, which is a graduate of Techstars Seattle, said on Tuesday that it raised $29M in a Series C funding. The funding was led by Canaan Partners, and also included Kleiner Perkins Caufield & Byers (K...

READ MORE...
Wednesday, October 19, 2016

EnergySavvy Finds $14M More

Seattle-based EnergySavvy, which develops cloud-based software to help utilities manage their demand response programs, has raised $14M in a new funding round, the company said this morning. The Series D funding was led by GXP Investments, ...

READ MORE...
Monday, October 17, 2016

Zipwhip Raises $9M

Seattle-based business texting software developer Zipwhip said on Monday that the company has raised $9M, in a Series B funding round. The round was led by Voyager Capital, and also included Microsoft Ventures, GCI and Inteliquent. The comp...

READ MORE...
Friday, October 14, 2016

PitchBook Acquired For $225M By Morningstar

Seattle-based venture data provider PitchBook Data has been acquired by Morningstar, in a deal worth $225M, the companies announced this morning. PitchBook--which was founded an is led by John Gabbert--said that the company's executives, in...

READ MORE...
Tuesday, October 11, 2016

CloudCoreo Collects $2.9M For Cloud Security

Seattle-based CloudCoreo, a stealthy developer of cloud infrastructure and security management software, has raised $2.9M in a seed funding round, the company said on Tuesday. The funding was led by Madrona Venture Group, and also included ...

READ MORE...
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...

READ MORE...
Tuesday, October 4, 2016

Digital Trends Gets $10M In Line Of Credit

Portland-based consumer technology publisher Digital Trends said this morning that it has raised $10M in a secured line of credit, from JPMorgan Chase. According to the company, the new funding will help provide it with additional capital f...

READ MORE...
Monday, October 3, 2016

Rover.com Fetches $40M

Seattle-based pet sitting and dog walking marketplace Rover.com, which is led by Aaron Easterly, said this morning that it has raised $40M in its Series E funding round. The round was led by Foundry Group and Menlo Ventures, and also includ...

READ MORE...
Friday, September 30, 2016

Remitly Gets $38M More

Seattle-based Remitly announced Friday morning that it has raised $38M in new financing, in a combination of equity and debt. The funding came from IFC and Silicon Valley Bank. The company did not break down the equity versus debt portion o...

READ MORE...
Wednesday, September 28, 2016

Microsoft Leads Round In Aqua Security

Microsoft is the lead investor in a funding round for Aqua Security, a developer of security products for the "virtual container" market. According to Aqua Security, which is based in Tel Aviv, Israel, it received $9M in a Series A funding,...

READ MORE...
Thursday, September 22, 2016

Bigleaf Networks Finds Funding For Adaptive WAN Service

Portland-based Bigleaf Networks, a developer of a WAN networking service which helps to automatically re-route, provide failover, and load-sharing of WAN traffic, has scored an investment round, the company said on Wednesday. Size of the fu...

READ MORE...
Thursday, September 22, 2016

Avalara Raises $50M In New Funding

Seattle-based Avalara announced this morning that it has raised $50M in new funding, for its tax compliance automation software. The funding came from Warburg Pincus, Sageview Capital, Technology Crossover Ventures (TCV), and others, and ca...

READ MORE...
Wednesday, September 21, 2016

PitchBook Deposes Thomson Reuters At NVCA

Seatle-based financing data provider PitchBook has deposed Thomson Reuters as the official provider of venture capital and investment data for the National Venture Capital Association (NVCA), and will supply all of the venture capital activ...

READ MORE...
Wednesday, September 21, 2016

TechStars Seattle Grade TrueFacet Finds $6M

TrueFacet, an online retailer of used jewelry and watches, which had been part of TechStars Seattle, is directly benefiting from its links to Seattle with a new, $6M funding, which it announced this morning. TrueFacet--based in New York--sa...

READ MORE...
Monday, September 19, 2016

Amazon Backs Thalmic Labs

Amazon.com is one of the backers of humaninterface and gesture control armband maker Thalmic Labs, in a $120M funding round, Thalmic said this morning. According to Thalmic, the Series B funding round came from Intel Capital, Amazon Alexa F...

READ MORE...
Friday, September 16, 2016

Cascadia CleanTech Alliance Gives Out $25K In Prizes, Highlights Firms

The Cascadia CleanTech Alliance, which runs the Cascadia CleanTech Accelerator and Cascadia CleanTech Prize funding competition, said this week that it has awarded $25,000 in prizes--in conjunction with Oregon BEST--to a new set of firms as...

READ MORE...
Thursday, September 15, 2016

Wave Raises $125M In Financing, Buys CoastCom, SawNet

Kirkland-based gigabit fibre and broadband access services provider Wave said on Wednesday that it has raised $125M in a debt financing and acquired two companies. The company said the funding will go to help it accelerate fiber network con...

READ MORE...
Thursday, September 15, 2016

Startup Rocket Seeks To Accelerate, Validate Startups

A new effort, Startup Rocket, is looking to offer up a new service to help startup founders validate their startup, accelerate growth, build their products, and land funding, in Seattle and elsewhere. Prota Ventures, which has offices in Ch...

READ MORE...
Thursday, September 15, 2016

LumaTax Raises $2M For Small Business Tax Reporting

Seattle-based LumaTax, a spinout of Pioneer Square Labs, has raised $2M in a funding round, the company said today. The funding came from Madrona Venture Group, Greycroft Partners, and angels. LumaTx, led by Robert Shulte, develops small bu...

READ MORE...
Wednesday, September 14, 2016

BrightVolt Gets $5M In Ongoing Funding Round

Redmond-based BrightVolt, which develops ultra-thin film, flexible batteries, announced this morning that it has raised $5M, as part of an ongoing Series B funding round. The initial funding came from New Science Ventures. BrightVolt, which...

READ MORE...
Tuesday, September 13, 2016

Sarcos Robotics Scores Funding For Robotic Exoskeletons

Sarcos Robotics, a developer of robotic exoskeletons initially targeted at the industrial robotics space, has raised a funding round, from Caterpillar Ventures, GE Ventures, and Microsoft Corporation, the company said on Monday. Size of the...

READ MORE...
Friday, September 9, 2016

LiveStories Finds $3M For Data Visualization Tools

Seattle-based LiveStories, a developer of data visualization software used by government and nonprofits to present data to the public, has raised $3M in a seed funding, the company said on Thursday. The funding came from True Ventures, Foun...

READ MORE...
Friday, September 9, 2016

IOTAS Gets $250,000 For Smart Home Technology

Portland-based IOTAS, a developer of "smart home" technology specifically geared to be installed for apartment renters, by building owners and developers, has raised $250,000 in a funding round, the company said on Friday. The funding came ...

READ MORE...
Thursday, September 8, 2016

OfferUp Picks Up $119M Funding To Take On Craigslist

Seattle-based OfferUp, which develops a mobile marketplace squarely aimed at unseating Craigslist in the local buying and selling niche, has raised $119M in a Series C-1 funding, the company said this morning. The funding was led by Warburg...

READ MORE...
Tuesday, September 6, 2016

eChemion Gets Funding For Battery Technology

Portland-based eChemion, a startup which develops chemical treatment technology for tripling the battery life of renewable energy storage batteries, has received follow on funlding from Oregon BEST, according to the company. eChemion receiv...

READ MORE...
Wednesday, August 31, 2016

Cozy Collects $8.5M In Series B

Portland-based Cozy, which develops software to help property managers collect rent online, has raised $8.5M in a Series B funding, according to the company. The round was led by American Family Ventures, and also included Social Capital an...

READ MORE...
Thursday, August 25, 2016

Lighter Capital Launches $25M Fund Aimed At Salesforce Developers

Seattle-based revenue-based funding provider Lighter Capital anounced today that it has launched a new, $25 million fund, specifically to fund companies building software on the Salesforce AppExchange platform. According to Lighter Capital,...

READ MORE...
Thursday, August 25, 2016

Auth0 Gets $15M In Series B

Bellevue-based identity management software developer Auth0 says it has raised $15M in a Series B funding, according to the company. The funding was led by Trinity Ventures, and also included Bessemer Venture Partners, K9 Ventures and Silic...

READ MORE...
Wednesday, August 24, 2016

Panopto Raises $42.8M For Video Software

Seattle-based Panopto, which develops a cloud-based, video training platform aimed at the enterprise, has raised $42.8M in new funding, the company disclosed today. The funding came from Sterling Partners, and also included a senior credit ...

READ MORE...
Tuesday, August 23, 2016

RADAR Gets $6.2M For Incident Response Management Startup

Portland-based RADAR, a spinout of ID Experts, said today that it has launched as an independent company, and raised $6.2M in a Series A funding. The company, which is led by Mahmood Sher-Jan, says it is developing an incident response mana...

READ MORE...
Friday, August 19, 2016

Amazon Backs ecobee For Smart Thermostats

Amazon has made its biggest investment so far out of the Amazon Alexa Fund, to smart thermostat maker ecobee, the two said late Thursday afternoon. ecobee, which is based in Toronto, said it raised $35M in a funding, which came from the Ama...

READ MORE...
Thursday, August 18, 2016

ID Experts Raises $27.5M

Portland-based ID Experts, which provides cyber breach and identity protection services and software, has raised $27.5M in a funding round. The funding was led by Peloton Equity, and also included Trident Capital Cybersecurity, BlueCross Bl...

READ MORE...
Friday, August 12, 2016

UpGuard, With Offices In Portland, Raises $17M

UpGuard, a developer of continuous, cyber risk monitoring software which has offices in Portland, says it has raised $17M in a Series B funding. Theround led by Pelion Venture Partners and Square Peg Capital, and also included Australian in...

READ MORE...
Thursday, August 11, 2016

Accolade Scores $70M For Healthcare Concierge Service

Seattle-based Accolade, a provider of on-demand, healthcare concierge services which helps employees navigate the health care system, has raised $70M in a Series E funding, the company announced Thursday afternoon. The funding was led by An...

READ MORE...
Thursday, August 11, 2016

Zenoti Gets $15M For Spa, Salon Software

Mercer Island-based Zenoti, a developer of cloud-based software used to manage spas and salons, has raised $15M in a Series B funding. The funding was led by Norwest Venture Partners, and also included Accel Partners. The startup, led by Su...

READ MORE...
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...

READ MORE...
Tuesday, August 9, 2016

Kepler Communications Finds $5M For Satellite Startup

Toronto-based Kepler Communications, a developer of microsatellite technology aimed at helping to power the connection of Internet-of-Things devices via satellite links, said today that it has raised $5M in a seed funding round. The startup...

READ MORE...
Tuesday, August 9, 2016

OfferUp Eyes $120M Funding Round

Bellevue-based OfferUp is reportedly looking to raised $120M in a funding round, from private equity investor Warburg Pincus, according to reports. The new funding effort reportedly values OfferUp at around $1.2 billion. The funding effort ...

READ MORE...
Tuesday, August 2, 2016

Glowforge Gets $22M In Series B Funding

Seattle-based Glowforge, which is developing subtractive, laser-based 3D printers, has raised $22M in a Series B funding, the company said on Monday. The funding was led by Foundry Group an True Ventures. The funding comes on top of an earl...

READ MORE...
Monday, August 1, 2016

PacketSled Gets $5M, Eyes Seattle Expansion

PacketSled, which develops breach detection software, said this morning that it has raised $5M in a Series A funding, and is looking to hire and expand in Seattle. The company said the funding led by Keshif Ventures, and also included Blu V...

READ MORE...
Friday, July 29, 2016

Madrona Re-Ups On Teaching Robot Maker Wonder Workshop

Seattle-based Madrona Venture Group has made another investment in teaching robot maker Wonder Workshop, the developers of the "Dash and Dot" learning robots, Wonder Workshop said Thursday. Wonder Workshop said it raised $20M in its Series ...

READ MORE...
Friday, July 29, 2016

Starbucks Invests In Personalization Software Developer Takt

Seattle-based coffee chain Starbucks has made an investment in a Silicon Valley software company, which is developing personalization software for the company. Takt, which develops personalization software to help consumer facing companies ...

READ MORE...
Thursday, July 28, 2016

Ignition Backs Cybersecurity Developer Acalvio Technologies

Seattle-based Ignition Partners has made an investment in another company in the cyber security software space, Acalvio Technologies, as part of a funding round this week. Acalvio--based in Silicon Valley--said it raised $17M from Accel Ven...

READ MORE...
Wednesday, July 27, 2016

Cambia Health Solutions Backs Healthcare Marketplace Startup

Portland-based healthcare provider Cambia Health Solutions has made an investment in, MDsave, a startup offering up a marketplace for healthcare services, the company said this morning. Financial terms of the strategic investment were not d...

READ MORE...
Wednesday, July 27, 2016

Kimera Systems Gets Funding For Artificial Intelligence Software

Portland-based Kimera Systems, a developer of artificial intelligence software for the connected device market, said today that it has received a round of angel funding. Size of the funding round was not announced. Investors in the round in...

READ MORE...
Tuesday, July 26, 2016

Just Biotherapeutics Raises $14M

Seattle-based Just Biotherapeutics has raised $14M in a Series A2 round, according to the company. The developer of protein therapeutics technology said the funding came from Bill & Melinda Gates Foundation, Merck, Lilly Asia Ventures, and ...

READ MORE...
Friday, July 22, 2016

Silicon Valley VC Loses Life On Oregon's Rogue River

A Silicon Valley venture capitalists--vacationing in Oregon--has died as a result of a kayaking accident, the VC's family and firm said today. Mark R. Templeton, a Managing Director at Los Altos-based Scientific Ventures, has passed away a...

READ MORE...
Thursday, July 21, 2016

Impinj Sees Bump In IPO

Seattle-based Impinj, a developer of RFID chips and products, had its IPO this morning, seeling 4,800,000 shares of its common stock at $14.00 per share last night, and trading up around 23 percent in morning trading at around $17.27. The c...

READ MORE...
Friday, July 15, 2016

Amplero Gets $8M

Seattle-based Amplero, a developer of marketing tools to help gauge a customer's lifetime value, such as in the case of acquiring wireless customers, has raised $8M in a Series A funding. The funding was led by Wildcat Venture Partners and...

READ MORE...
Wednesday, July 13, 2016

ShareGrid Captures $1M For Film, Photo Equipment Marketplace

Seattle-based ShareGrid, which operates an online, peer-to-peer marketplace which allows users to rent out their idle film and photo equipment, has raised $1M in a funding round, the company said today. The seed funding came from MHS Capita...

READ MORE...
Wednesday, July 13, 2016

Shyft Scores $1.5M

Seattle-based Shyft Technologies, a startup developing a shift-swapping, mobile app to help hourly workers swap shifts, has raised $1.5M in a seed funding, the company said this morning. The funding came from Madrona Venture Group, Heather ...

READ MORE...
Wednesday, July 6, 2016

Donuts Backs Blockchain Software Company

Bellevue-based global, top level domain (gTLD) provider Donuts has made an investment in blockchain identity software provider Netki, as part of a seed round for Netki. Netki said that it raised $3.5M in the round, O'Reilly AlphaTech Ventur...

READ MORE...
Tuesday, July 5, 2016

Deako Finds $3.5M For Smart Lighting Systems

Seattle-based Deako has raised $3.5M in a third funding round, for its smart, whole-home lighting systems, the company said last week. The company says it has now raised a total of $6.8M, within the last eight months. Source of the new fund...

READ MORE...
Wednesday, June 29, 2016

uZoom, Backed By Angels, Takes On Periscope In Live Streaming

Seattle-based startup uZoom, which is in the midst of developing a live streaming, mobile app, said today that it plans to launch its service this summer, beginning in Seattle, and eventually a launch in Rio De Janiero to coincide with the ...

READ MORE...
Wednesday, June 22, 2016

Outreach Adds $17.5M For Sales Software

Seattle-based Outreach, which develops software to help sales professionals meet their sales goals, has raised $17.5M in a Series B funding. The funding was led by Trinity Ventures, and also included Microsoft Ventures, plus Mayfield, MHS C...

READ MORE...
Tuesday, June 21, 2016

Wrench Connects With $1.2M

Seattle-based Wrench, which operates an on-demand services to help connect consumers with local, traveling car mechanics, has raised $1.2M in a funding, the company disclosed on Tuesday. Th funding came from Madrona Venture Group and Rudy G...

READ MORE...
Tuesday, June 21, 2016

Spaceflight Industries Secures $18M

Seattle-based Spaceflight Industries, which helps companies launch satellite payloads into space, said today that it has raised $18M, as part of a $25M, Series B funding round. The funding was led by Mithril Capital Management, and also inc...

READ MORE...
Monday, June 13, 2016

Alpine Immune Sciences Scores $48M

Seattle-based Alpine Immune Sciences, a startup developing protein-based immunotherapy products, has raised $48M in its Series A round, the company said this morning. The funding was led by Orbimed Advisors, and also included Frazier Health...

READ MORE...
Thursday, June 9, 2016

BitTitan Raises $15M For Cloud Services Software

Kirkland, Washington-based BitTitan, a developer of software which helps managed services providers sell cloud products, has raised $15M in the company's Series A--the company's first funding since being bootstrapped in 2007. According to t...

READ MORE...
Tuesday, June 7, 2016

Planetary Resources Plants Asteroid Mining Flag In Luxembourg

The country of Luxembourg said over the weekend that it has established a new, $227M fund, specifically to attract companies who are looking to mine asteroids to locate in the country. The country--which already has a relationship with Seat...

READ MORE...
Monday, June 6, 2016

Cloudability Collects $24M

Portland-based Cloudability, which develops enterprise spend management software focused on cloud services tracking, has raised $24M in a Series B funding. The funding was led by Foundry Group Select Fund. Cloudability's other backers inclu...

READ MORE...
Friday, June 3, 2016

Qumulo Gets $32.5M For NAS Storage Software

Seattle-based Qumulo, which develops network-attached-storage (NAS) software, said Friday that it has raised $32.5M in a Series C funding, bringing its total raised to $100M. The funding came from Allen & Company, Top Tier Capital Partners...

READ MORE...
Tuesday, May 31, 2016

Microsoft Launches New Venture Investment Effort, Microsoft Ventures

Microsoft said late Monday that it has launched a new, venture investment effort, Microsoft Ventures, which will help invest across its customers, partners, and the ecosystem. The new effort--being led by Peggy Johnson and Nagraj Kashyap--s...

READ MORE...
Thursday, May 26, 2016

Planetary Resources Gets $21.1M, Turns Sensors Towards Earth

Redmond-based asteroid mining company Planetary Resources has raised $21.1M in a Series A funding, the company announced this morning, which it says it will use towards launching a new, Earth observation business called Ceres. The funding c...

READ MORE...
Tuesday, May 24, 2016

Bloomz Blossoms With $2.3M In Funding

Seattle-based Bloomz, a startup which develops tools to help teachers communicate with parents, has raised $2.3M in a funding round, the company said today. The funding came from 8VC, ff Venture Capital, Founder's Co-op, CorrelationVC, Wise...

READ MORE...
Thursday, May 5, 2016

PicoBrew Picks Up $10.6M For Beer Making Machines

Seattle-based PicoBrew, the developer of an automated, home, beer brewing machine, has raised $10.6M more in an investment round, the company disclosed in a filing this week. The funding came from Spring Creek Investment Management, as well...

READ MORE...
Thursday, May 5, 2016

Microsoft Backs Pivotal In $253M Funding

Microsoft is making a big investment in Pivotal, a Silicon Valley developer of Agile software, as part of a strategic investment that also included Ford Motor, the companies said today. Pivotal said it raised $253M in a Series C funding, wh...

READ MORE...
Tuesday, May 3, 2016

Donuts Invests In GeoFrenzy

Bellevue-based Donuts, the domain name registration and domain extension operator, has made a strategic investment in GeoFrenzy, a company developing infrastructure for defining and managing geofences. Financial terms of the deal were not d...

READ MORE...
Tuesday, April 26, 2016

Onboard Dynamics Gets $3M For CNG Refueling Technology

Bend, Oregon-based Onboard Dynamics, a developer of technology which converts natural gas into compressed national gas (CNG) for vehicles, has raised $3M in funding, the company said today. The funding came from the U.S. Department of Energ...

READ MORE...
Tuesday, April 26, 2016

Remitly Finds $38.5M More

Seattle-based Remitly, which operates an online, money remittance service, has raised $38.5M in a Series C funding, the company said this morning. The funding was led by Stripes Group, and also included Vulcan Capital, along with DFJ, DN Ca...

READ MORE...
Monday, April 25, 2016

AbSci Finds $5.1M

Portland-based AbSci, a developer of a protein expression platform for use in biopharmaceuticals manufacturing, has raised $5.1M in a Series A funding, the company said today. The funding came from Phoenix Venture Partners (PVP). AbSci said...

READ MORE...
Friday, April 22, 2016

Sirqul Finds $3M More In Series A

Seattle-based Sirqul, which develops software to help connect Internet-of-Things via an extensive set of APIs, said this week that it has raised $3M more in additional, Series A funding. The funding came from Miteno USA Inc. The company say...

READ MORE...
Friday, April 22, 2016

Human Gets $5M For Stealthy Audio Technology

Seattle-based Human, a stealth-mode, audio technology company led by Ben Willis, said this week that it has raised $5M in a seed funding round. The funding came from Fred Warren (formerly of Brentwood Associates), Kurt Beecher Dammeier (Sug...

READ MORE...
Tuesday, April 19, 2016

Biomatics Capital Partners Seeks $150M For New Seattle Venture Fund

A new, Seattle-based venture capital investment firm, Biomatics Capital Partners, has launched an effort to raise $150M in funding from limited partners, according to a regulatory filing from the company. The new fund's managing partners ar...

READ MORE...
Friday, April 15, 2016

Pacific Northwest Sees Venture Totals Rise To $300.1M In Q1

Venture capital investments in the Pacific Northwest rose in Q1, to $300.1M, invested across 33 deals, according to the latest numbers from the MoneyTree Report by PricewaterhouseCoopers and the National Venture Capital Association, based o...

READ MORE...
Thursday, April 14, 2016

Deako Raises $3.3 For Smart Light Switches

Seattle-based Deako, a developer of "smart" light switches, disclosed a $1.8M funding round from angels today, saying it has now raised $3.3M in total funding. The startup, which was part of the YCombinator startup accelerator, is aiming it...

READ MORE...
Tuesday, April 12, 2016

Vacasa Gets $35M For Vacation Rental Management Service

Portland-based Vacasa, a provider of technology-enabled, vacation rental management services, said Tuesday morning that it had raised $35M in a Series A funding round. The funding as led by Level Equity. Vacasa was founded in 2009 by Eric B...

READ MORE...
Tuesday, April 12, 2016

Fleet Finds $4M For Freight Forwarding Marketplace

Portland-based Fleet, a startup developing a marketplace for international logistics, said today that it has raised $4M in a seed funding round. The funding was led by Hunt Technology Ventures, and also included Placid Ventures, David S. Hu...

READ MORE...
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...

READ MORE...
Thursday, April 7, 2016

LendingRobot, Backed by $3M In Funding, Tracks Peer Lending Performance

Bellevue-based startup LendingRobot launched a new mobile app today, which it says is designed to track portfolio performance across peer lending sites Lending Club, Prosper and Funding Circle. The startup, which says it is backed by $3M in...

READ MORE...
Tuesday, April 5, 2016

Polyverse Gets $2M For Cybersecurity Software

Kirkland-based Polyverse, a developer of cybersecurity software, said today that it has raised $2M more in a funding round. The funding came from SpringRock Ventures, as well as existing investors. Polyverse said it is developing a software...

READ MORE...
Tuesday, March 29, 2016

ICEBRG Gets $10M For Stealthy Cybersecurity Startup

Seattle-based ICEBRG has raised $10M for its stealth mode, enterprise network security efforts, the company said today. According to the company, the Series A funding round was led by Pelion Venture Partners, and also included Madrona Ventu...

READ MORE...
Monday, March 28, 2016

DimensionalMechanics Finds $4.7M For AI Software

Bellevue-based DimensionalMechanics, a developer of enterprise, artificial intelligence tools, has raised $4.7M in a Series A funding round, the company said last week. The funding came from angels, including Seattle investor Kent L. Johnso...

READ MORE...
Monday, March 28, 2016

Ignition Partners Backs Bromium In $40M Funding

Seattle-based investor Ignition Partners has put additional backing behind endpoint protection and cybersecurity software developer Bromium, as part of a big $40M funding round. Bromium--based in Silicon Valley--develops endpoint protection...

READ MORE...
Thursday, March 24, 2016

Frazier Healthcare Partners Raises $525M Growth Buyout Fund

Seattle-based healthcare investor Frazier Healthcare Partners says it has closed a new, $525M fund, focused on investing in growth and buyout opportunities in the lower, middle market. According to Frazier, the fund its is first in the segm...

READ MORE...
Thursday, March 24, 2016

Microsoft Backs Container Software Developer Mesosphere In $73.5M Round

Microsoft is one of the lead investors in container software developer Mesosphere, in a big funding round announced by Mesosphere today. According to Mesosphere, Microsoft and Hewlett Packard Enterprise (HPE) led a $73.5M, series C funding ...

READ MORE...
Wednesday, March 23, 2016

Convoy Collects $16M For On Demand Trucking Services

Seattle-based Convoy, a developer of an on-demand marketplace for local and regional trucking services, has raised $16M in a Series A funding, the company said this morning. The funding was led by Greylock Partners. As part of the funding, ...

READ MORE...
Tuesday, March 22, 2016

Shiftboard Finds $4M In Funding

Seattle-based Shiftboard, a developer of cloud-based workforce management software, said today that it has raised $4M in a funding round. The funding was led by Voyager Capital, and also included Arnold Venture Group. Erik Benson of Voyager...

READ MORE...
Wednesday, March 16, 2016

MOD Pizza Dishes Up $32M Funding

Seattle-based fast casual pizza chain MOD Pizza has raised $32M in funding, the company said this morning, from private equity investor PWP Growth Equity. PWP, which is managed by Perella Weinberg Partners, is an existing investor in the co...

READ MORE...
Wednesday, March 16, 2016

Usermind Takes $14.5M For Business Operations Software

Seattle-based Usermind, which develops business orchestration software, said it has raised $14.5M in a Series B funding this morning. The funding was led by Menlo Ventures, and also included Andreessen Horowitz and CRV. The company says it ...

READ MORE...
Wednesday, March 16, 2016

CrowdStreet Picks Up $3.5M In Series A

Portland-based real estate crowdfunding site CrowdStreet announced this morning that it has raised $3.5M in a Series A funding. The funding was led by Rally Ventures, and also included Green Visor Capital, Seven Peaks Ventures and Portland ...

READ MORE...
Thursday, March 10, 2016

Madrona Venture Labs Names Advisory Board

Seattle-based Madrona Venture Labs, the startup accelerator backed by Madrona Venture Group and led by Mike Fridgen, said today that it has named a new advisory board, its "Friends of Labs", to help it with its efforts. The new board includ...

READ MORE...
Thursday, March 10, 2016

Icertis Gets $15M For Contract Management Software

Bellevue-based Icertis, a developer of cloud-based, contract lifecycle management software, has raised $15M in a Series B, according to the company today. The funding was led by Ignition Partners, and also included Greycroft Partners and Fi...

READ MORE...
Thursday, March 3, 2016

Zembula Picks Up $1.1M For Content Marketing

Portland-based Zembula, which says it is developing a rich interactive content platform for enterprise marketers, has raised $1.1M in a seed funding, the company said last night in San Francisco. The funding came from Launch Fund, Seven Pea...

READ MORE...
Thursday, March 3, 2016

LabConnect Finds $4M For Lab Services

Seattle-based LabConnect which provides laboratory and support services for the biopharmaceutical, medical device and contract research industry, has raised $4M in a funding round, the company said Wednesday. The funding came from BroadOak ...

READ MORE...
Tuesday, March 1, 2016

Inpria Inks Funding Round

Corvallis, Oregon-based Inpria, a developer of semiconductor manufacturing technology, has scored a funding round from Air Liquide Venture Capital (ALIAD), Samsung Venture Investment Corporation and Intel Capital, plus Tokyo Ohka Kogyo (TO...

READ MORE...
Friday, February 26, 2016

VitalWare Gets Funding For Healthcare Software

Yakima, Washington-based VitalWare, a provider of software for revenue cycle management for healthcare providers, has received a round of growth investment from F-Prime Capital Partners, the companies said on Thursday. Size of the funding w...

READ MORE...
Friday, February 26, 2016

Finagraph Finds Funding From Moody's

Mercer Island-based software developer Finagraph has received ian investment from Moody's Corporation, Moody's said yesterday, in a deal which Moody's said will help broaden its offering in the credit risk area. Finagraph develops financial...

READ MORE...
Wednesday, February 17, 2016

Cairn Collects $1.7M For Outdoor Subscription Box

Bend, Oregon-based Cairn, which operates an online subscription box service aimed at outdoor enthusiasts, has raised $1.7M in a funding. The funding came from individual investors, including Brian Splay of Bonobos/Trunk Club, Rick Dalzell (...

READ MORE...
Wednesday, February 17, 2016

Koverse Gets Funding From Credit Suisse

Seattle-based Koverse a developer of big data analytics software, said today that it has received a strategic investment from Credit Suisse Asset Management. Size of that investment was not disclosed. Koverse, let by Jon Matsuo, develops bi...

READ MORE...
Thursday, February 11, 2016

MetaBrite Raises $8.6M For Business Intelligence Software

Mercer Island-based MetaBrite, a startup developing business intelligence technology and tools, has raised $8.6M, according to a regulatory filing by the firm this morning. The funding is part of an ongoing $10.25M funding effort, according...

READ MORE...
Wednesday, February 10, 2016

Tenacity Takes $1.5M For Call Center Management Tools

Seattle-based Tenacity, a developer of software used for workforce retention and productivity management in call centers, has raised $1.5M in a seed funding round, the company announced today. The funding was led by Health Tech Capital, and...

READ MORE...
Monday, February 8, 2016

Ecova Backs Trove For Predictive Energy Management

Spokane, Washington-based energy and sustainability management service provider Ecova said this morning that it has made an investment in TROVE, a developer of predictive data analysis software for the energy and utility market. Financial t...

READ MORE...
Friday, February 5, 2016

Amperity Finds $9M For Marketing Apps

Seattle-based Amperity announced Friday that it has raised $9M in a Series A funding, which will go towards development of what it says is a "data-first" application for marketing. The startup, led by Kabir Shahani, said the funding was led...

READ MORE...
Wednesday, February 3, 2016

Vulcan Backs Avalanche Technologies For NVRAM

Seattle-based venture investor Vulcan Capital has put its backing behind non-volatile memory maker Avalanche Technology, in a $23M funding round. Avalanche--which is based in Silicon Valley--said that the funds came from Thomvest Ventures, ...

READ MORE...
Monday, February 1, 2016

ID Experts Finds $5M To Respond To Data Breaches

Portland-based ID Experts, a provider of services to those in the healthcare and medical industry to help in responding to data breaches, has raised $5M in additional Series A funding, the company said last week. The funding came from BlueC...

READ MORE...
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...

READ MORE...
Thursday, January 28, 2016

Booster Fuels Finds $9M

Seattle-based Booster Fuels, which operates an on-demand, fuel delivery service for filling up your tank with gas, has raised $9M in a Series A funding round. The funding was led by Maveron, and also included Madrona Venture Group, Version ...

READ MORE...
Thursday, January 28, 2016

Madrona Joins Investment In Branch Metrics

Seattle-based investor Madrona Venture Group has joined in a new funding round for app deep linking technology provider Branch Metrics, Branch said on Wednesday. Branch said it raised $35M in a Series B funding, which was led by Founders Fu...

READ MORE...
Wednesday, January 27, 2016

Kannact Gets $2.9M

Portland-based Kannact, a developer of a cloud-based, real-time, blood glucose monitoring platform, has raised $2.9M in a funding round, the company disclosed Wednesday. The funding came from angel investors. Kannact offers up a glucometer ...

READ MORE...
Wednesday, January 27, 2016

PitchBook Data Finds $10M In Series B

Seattle-based PitchBook Data, which provides information and analysis on private company financings, has raised $10M in a Series B funding, the company said today. The funding came from Morningstar, an existing investor in the company. Pitc...

READ MORE...
Tuesday, January 26, 2016

Moz Raises $10M From Foundry Group

Seattle-based Moz, the developer of search engine optimization and other search tools, has raised $10M--all of it from Foundry Group--the company announced Tuesday. According to the company, the Series C round was entirely funded by Foundry...

READ MORE...
Tuesday, January 26, 2016

Microsoft Snags Qualcomm Ventures Head

Microsoft has snagged Nagraj Kashyap, the former head of Qualcomm's venture investment arm, as part of Microsoft Ventures, in a win for Microsoft's investment efforts. Kashyap had been head of Qualcomm Ventures for the last 12 years. Micros...

READ MORE...
Tuesday, January 26, 2016

Cedexis Gets $33M

Portland-based Cedexis, a developer of Internet traffic measurement and optimization technology, said this morning that it has raised $22M in a Series B funding. The funding was led by Ginko Ventures, and also included Foxconn, Nokia Growth...

READ MORE...
Wednesday, January 20, 2016

Puppet Labs Pulls In $22M In Funding

Portland-based Puppet Labs, the developer of IT automation software led by Luke Kanies, said today that it has raised $22M in a venture debt round. The credit facility came from Silicon Valley Bank. According to Puppet Labs, the funding wil...

READ MORE...
Tuesday, January 19, 2016

Vicis Finds $8M For Better Football Helmets

Seattle-based ...

READ MORE...
Wednesday, January 13, 2016

Envelop VR Brings Series A To $5.5M

Bellevue-based Envelop VR, the developer of virtual reality software, has raised additional funding in its Series A round, bringing the total raised in the funding to $5.5M. The company said the funding came from GV Investment. The company ...

READ MORE...
Tuesday, January 12, 2016

Socedo Raises $1.5M For Lead Discovery Software

Seattle-based Socedo, which develops automated lead discovery tools for social media, has raised $1.5M in a Series A funding, the company disclosed on Monday. The funding came from Vulcan Capital, Divergent Ventures, and angels. Soccedo is ...

READ MORE...
Monday, January 11, 2016

Bezos, Gates Back Cancer Detection Startup GRAIL In $100M Round

Both Jeff Bezos and Bill Gates have made an investment this morning in a developer of cancer detection technology, GRAIL, according to life sciences equipment maker Illumina. GRAIL, which has spun out of Illumina, raised $100M in Series A f...

READ MORE...
Monday, January 11, 2016

Kymeta Takes $62M In New Funding

Redmond-based satellite antenna technology developer Kymeta has raised $62M in a Series D funding. Kymeta said the funding included Bill Gates, Lux Capital, Kresge Foundation and Osage University Partners, as well as undisclosed strategic p...

READ MORE...
Friday, January 8, 2016

Madrona Adds Isilon's Richter As Venture Partner

Seattle-based venture capital investor Madrona Venture Group said Friday that it has hired on Bill Richter, the former President of Isilon, as a new Venture Partner at the firm. Madrona said Richter will help the company help identify new ...

READ MORE...
Wednesday, January 6, 2016

Ossia Scores Strategic Investment From Molex

Bellevue, Washington-based wireless charging technology developer Ossia, led by Hatem Zeine, has received a strategic investment from connector maker Molex, the two announced this morning. Size of the investment was not disclosed. Ossia dev...

READ MORE...
Monday, January 4, 2016

Clinicient Gets $5M Investment

Portland-based Clinicient, which develops software to help manage physical therapy practices, including billing for physical therapy and other practice management, has raised $5M in a debt funding, according to a regulatory filing by the co...

READ MORE...
Monday, January 4, 2016

Lyft Raises $1 Billion

Ride service Lyft, which provides its on-demand, ride service in Seattle, Portland, and elsewhere around the region, has raised $1 billion in a new funding round, from General Motors, Kingom Holding Company, Janus Capital Management, Rakute...

READ MORE...
Thursday, December 17, 2015

Matcherino Scores $1.25M For eSports Crowdfunding

Seattle-based Matcherino, an online crowdfunding startup focused on eSports, said today that it has raised $1.25M in a funding round. The funding was led by Madrona Venture Group, and also included Vulcan Capital and angels. Matcherino, whc...

READ MORE...
Wednesday, December 16, 2015

Textio Takes $8M

Seattle-based Textio, a developer of machine learning and natural language processing software used to help companies more quickly fill open jobs, has raised $8M in a Series A funding. The funding was led by Emergence capital, and also incl...

READ MORE...
Wednesday, December 16, 2015

Janrain Snags $27M For Identity Management Software

Portland-based Janrain, the developer of customer identity management software led by Larry Drebes, said Wednesday that it has raised $27M in a Series D funding round. The funding was led by HighBar PArtners, and also included Millennium Te...

READ MORE...
Wednesday, December 16, 2015

Amazon Backs Indian On-Demand Startup Housejoy

Seattle-based Amazon.com is the lead investor in an Indian, on-demand home service startup's approximately $23M Series B funding. Housejoy, which provides on-demand, home services in India, said it has raised $23M in a round led by Amazon.c...

READ MORE...
Monday, December 14, 2015

Pixvana Gets $6M For Virtual Reality Technology

Seattle-based Pixvana, a new startup developing Virtual Reality (VR) and Augmented Reality (AR) video processing tools, has raised $6M in a funding round, the company announced this morning. The funding was led by Madrona Venture Group, and...

READ MORE...
Monday, December 14, 2015

Mazlo Finds $10M For Personal Development Coaching

Seattle-based Mazlo, a startup which provides personalized coaching to help people with their personal development and growth, has raised $10M in a funding round, according to the company. The company, founded by Tim Kilgallon and Sharon Ro...

READ MORE...
Friday, December 11, 2015

MetricStory Raises $1.4M In Seed Funding

Seattle-based MetricStory, a developer of software for automatically generating Google Analytics reports, has raised $1.4M in a series seed funding, according to a regulatory filing by the firm. The filing indicates the funding is a part of...

READ MORE...
Thursday, December 10, 2015

Microsoft, Ignition Join In Funding For Big Data Developer SnapLogic

Two area investors--Microsoft, and Ignition Partners--have joined in a funding round from a developer of software for big data integration. Silicon Valley-based SnapLogic said today that it has added $37.5M in a funding round, which was led...

READ MORE...
Tuesday, December 8, 2015

Madrona Backs Eventbase For Event Discovery App

Seattle-based venture investor Madrona Venture Group has turned its sights North, and has backed Canadian startup Eventbase in a $6M funding round. Eventbase, which is based in Vancouver, Canada, develops mobile apps for events. The compan...

READ MORE...
Monday, December 7, 2015

Endogastric Solutions Finds $50M

Redmond-based medical products developer EndoGastric Solutions, which is developing therapies for treating gastroesophageal reflux disease (GERD), has raised $50M in a fudning round, the company said last week. The funding came from CRG (fo...

READ MORE...
Monday, December 7, 2015

Nordstrom Backs Shoes Of Prey, Custom Shoe Startup

Seattle-based department store Nordstrom has put some money into startup Shoes Of Prey, which operates an online service which lets women order highly customized shoes and footwear, via its cloud software. Shoes Of Prey said it raised $15M...

READ MORE...
Wednesday, December 2, 2015

Sensoro Snags $10M

Seattle-based Sensoro, a developer of iBeacon sensors, has raised $10M in a funding round. The funding came from Nokia Growth Partners (NPG), New World Development Company Limited and Mandra Capital. Sensoro says it has a Bluetooth beacon ...

READ MORE...
Tuesday, December 1, 2015

Lighter Capital Unveils New $100M Fund, Gets $9M In Equity Funding

Seattle-based Lighter Capital, which provides revenue-based financing to startups and other businesses, has unveiled a new $100M investment fund. The company said the new fund will go towards approximately 500 investments in SaaS, tech serv...

READ MORE...
Tuesday, December 1, 2015

Mirador Lending Finds $7M For Small Business Lending Software

Portland-based Mirador, a developer of cloud-based software to help financial institutions with offering lending to small businesses, has raised $7M in a Series A funding round. The funding came from Core Innovation Capital, and also includ...

READ MORE...
Thursday, November 19, 2015

SureID Scores Funding From Goldman Sachs

Hillsboro, Oregon-based SureID, which develops identity management and screening technology and services, said Thursday that it has closed on a capital raise from Goldman Sachs Specialty Lending Group L.P. The company said the funding came ...

READ MORE...
Wednesday, November 18, 2015

Madrona Adds Longtime Microsoft Vet As Venture Partner

Seattle-based Madrona Venture Group said this morning that it has added longtime Microsoft veteran S. "Soma" Somasegar as the company's newest Venture Partner. Somasegar was most recently Corporate Vice President of the Developer Division a...

READ MORE...
Tuesday, November 17, 2015

Maveron Backed Earnest Raises $275M For Student, Personal Loans

Earnest, a fintech startup which is backed by Maveron, which offers up student loan refinancing, personal loans, and other services, said today that it has raised $275M in financing. The funding included $75M in a Series B equity financing,...

READ MORE...
Friday, November 13, 2015

Ignition Backs Startup Looking To Reduce Hiring Bias In Tech

Can some clever software help to reduce hiring bias in the technology industry? In an industry which has been wringing its hands over what some say is a strongly biased industry against women and minorities, a new startup Unitive, has just...

READ MORE...
Friday, November 6, 2015

Madrona Names Mike Fridgen To Lead Startup Studio

Seattle-based venture investor Madrona Venture Group said Thursday that it has named longtime Seattle startup veteran Mike Fridgen to head up its Madrona Venture Labs startup studio. Fridgen was the founder of Farecast and Decide, and also ...

READ MORE...
Wednesday, November 4, 2015

OfferUp Raises $90M To Take On Craigslist

Bellevue-based OfferUp, which develops an app and service which helps buyers and sellers find each other through highly visuals ads, has raised a total of $90M in funding, from Andreessen Horowitz, Coatue Management, Tiger Global, T. Rowe P...

READ MORE...
Tuesday, November 3, 2015

Madrona Puts More Funding Into Smart Running Shorts Maker Lumo Bodytech

Seattle-based venture investor Madrona Venture Group has re-upped its investment in smart, running shorts maker Lumo Bodytech. Lumo--whose "wearable" shorts include a sensor to monitor the stride, cadence, form, and other biometric informat...

READ MORE...
Thursday, October 29, 2015

Pioneer Square Labs Closes $12.5M Funding Round

Seattle-based Pioneer Square Labs, the startup studio founded by Greg Gottesman, Geoff Entress, Mike Galgon, and Ben Gilbert, has closed on its $12.5M funding round, according to lead investor Foundry Group. The funding had already been ann...

READ MORE...
Thursday, October 29, 2015

SignalSense Picks Up $4.5M In Seed Funding

Seattle-based SignalSense, a developer of network security and intelligence tools aimed at detecting both targeted attacks and insider threats, said late Thursday morning that it has raised $4.5M in a seed funding round. The funding was led...

READ MORE...
Wednesday, October 28, 2015

Envelop VR Raises $4M For Virtual Reality Software

Bellevue-based Envelop VR, a developer of immersive, virtual reality software aimed at the enterprise, has raised $4M in a funding round, the company said this morning. The funding was led by Madrona Venture Group. Envelop VR is led by Bob ...

READ MORE...
Tuesday, October 27, 2015

Outreach Picks Up $9.2M

Seattle-based Outreach, which develops sales software aimed at helping salespeople with their sales communications, has raised $9.2M in a Series A funding, the company said this morning. The funding was led by Mayfield, and also included M...

READ MORE...
Tuesday, October 27, 2015

Convoy Finds $2.5M To Streamline The Trucking Business

Seattle-based Convoy, a new startup which is looking to use technology to streamline the business of trucking, has raised $2.5M in a seed funding round, the company said today. The funding came from Bezos Expeditions, Marc Benioff (Salesfor...

READ MORE...
Tuesday, October 27, 2015

VOKE Picks Up Investment From Sacramento Kings

Voke VR, a developer of a virtual reality streaming technology with a major presence in in Pullman, Washington, has scored an investment from the NBA's Sacramento Kings, the Sacramento Kings announced this morning. Terms of the strategic in...

READ MORE...
Friday, October 23, 2015

Geoff Entress Backs Employee Onboarding Software Developer Allay

Seattle investor Geoff Entress has made a personal investment in a developer of employee onboarding software, Allay, according to details on a funding from the San Francisco company. The company announced $3.4M in a seed funding round, whic...

READ MORE...
Tuesday, October 20, 2015

Pyramid Analytics Picks Up $30M For Business Intelligence Software

Seattle-based Pyramid Analytics, a developer of business inteligence software, has raised $30M in a equity funding, according to the company. The funding came from Viola Private Equity and Sequoia Capital. Pyramid Analytics says it offers u...

READ MORE...
Monday, October 19, 2015

AppSheet Finds $1.5M

Seattle-based AppSheet, which develops software to help users easily create mobile apps from any spreadsheet, without programming, has raised $1.5M in a seed funding round. The funding came from New enterprise Assocaites. AppSheet, which is...

READ MORE...
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...

READ MORE...
Thursday, October 15, 2015

Faira Finds $1.3M In Funding For Real Estate Technology

Seattle-based Faira, a new startup focused on real estate transaction technology, said this week that it has raised $1.365M in a funding round. According to Faira, the funding came from international investors Pessoa and Partners Tech 10 Lt...

READ MORE...
Thursday, October 15, 2015

Maveron Backs Startup To Deal With Bad Customer Service

Seattle-based venture investment firm Maveron is the backers this week of a new startup, looking to help consumers deal with bad customer service. Service, which says it helps consumers work with businesses to broker a solution to unsatisfa...

READ MORE...
Friday, October 9, 2015

DocuSign Adds Deutsche Telekom As Investor, Tops $525M In Funding

DocuSign, the developer of electronic signature software which got its start in Seattle, said Thursday that it has added Deutsche Telekom as a strategic investor in the company, bumping its total funding to more than $525M. The funding came...

READ MORE...
Thursday, October 8, 2015

Energy Storage Systems Gets $3.2M For Battery Technology

Portland-based Energy Storage Systems has raised $3.2M in a Series A funding round, for the company's battery storage technology, the company said Wednesday. The funding said the funding came from Pangaea, Element 8, and angels. Energy Stor...

READ MORE...
Wednesday, October 7, 2015

Opus Agency Gets Funding From Fan Creek Capital

Beaverton, Oregon-based Opus Agency, the company behind such showcase corporate events as Amazon's AWS re:invent, has scored a private equity investment from Fan Creek Capital, the company announced Tuesday. Size of the funding was not disc...

READ MORE...
Wednesday, October 7, 2015

Bill Gates Backs Company Developing Meats, Cheeses From Plants

Can you truly get a delicious cheeseburger made, not from beef and cheese, but from plants? Bill Gates has put his backing behind a startup that thinks it can. Impossible Foods, which says it is using plants to make the "best meats and chee...

READ MORE...
Thursday, October 1, 2015

Pioneer Square Labs Finds $12.5M For New Startup Studio

Seattle-based Pioneer Square Labs, a new "startup studio", announced this morning that it has raised $12.5M in funding, to help spawn more startups in the Pacific Northwest. According to Pioneer Square Labs, the funding was led by Foundry G...

READ MORE...
Tuesday, September 29, 2015

SheerID Scores $5.3M

Eugene, Oregon-based SheerID, a startup developing technology to help companies verify eligibility of customers for certain discounts and programs, said today that it has raised $5.3M in a funding round. The funding was led by Voyager Capit...

READ MORE...
Monday, September 28, 2015

BDEX Raises $1.7M For Data Marketplace

Seattle-based BDEX, which operates an online data exchange aimed at marketers and others who use online consumer data, said today that it has raised $1.7M in a seed financing round. The company said the funding came from angels, and closed ...

READ MORE...
Friday, September 25, 2015

Joylux Raises $3M For Medical Device

Seattle-based Joylux, a developer of a LED-based medical device aimed at helping treat pelvic-floor disorders, disclosed Thursday that it has raised $3M for the company. Source of the funding was not announced. Joy Lux is led by Collette Co...

READ MORE...
Thursday, September 24, 2015

Ignition Partners Backs StreamSets

Bellevue-based venture investor Ignition Partners has funded another Silicon Valley-based, enterprise software developer, StreamSets. According to San Francisco-based StreamSets, it has raised $12.5M in a Series A funding. The funding was l...

READ MORE...
Tuesday, September 22, 2015

Atigeo Raises $18.4M, Finds Strategic Investor

Bellevue-based big data analytics software developer Atigeo has raised a round of growth funding for the company, according to the company, worth $18.4M. The strategic part of the funding came from Ascension Ventures. Amount of funding from...

READ MORE...
Monday, September 21, 2015

Fitcode Finds $1.8M For Fashion Shopping Technology

Seattle-based Fitcode, a startup developing software to help women better figure out how fashions might fit them while shopping online, has raised $1.8M in a funding round, the company said this morning. The startup, led by Rian Buckley, sa...

READ MORE...
Monday, September 21, 2015

Skilljar, Founded By Amazon Vets, Finds $2.6M For Online Tutorials

Seattle-based Skilljar, a startup developing software to help organizations with online training and product learning, has raised $2.6M in a seed funding round. The funding was led by Trilogy Equity Partners, and also included Innovations E...

READ MORE...
Friday, September 18, 2015

Vulcan Capital Joins Round For Healthy Food Subscription Firm Sun Basket

Seattle-based Vulcan Capital, Paul Allen's venture capital investment arm, has backed a subscription food and delivery service in San Francisco, called Sun Basket. Sun Basket delivers weekly GMO-free, gluten free, paleo, organic, and vegete...

READ MORE...
Wednesday, September 16, 2015

HelloTech Snags $12.5M From Madrona For IT Services

HelloTech an in-home IT and technology help service founded by former RealNetworks executive Richard Wolpert, has raised $12.5M in a new funding round, led by Seattle's Madrona Venture Partners. The funding also included Upfront Ventures, C...

READ MORE...
Monday, September 14, 2015

AnswerDash Gets $2.9M For Contextual Website Help

Seattle-based AnswerDash, a developer of software which allows web developers to add contextual help to their websites, has raised $2.9M in a seed funding. The funding came from Voyager Capital. The funding was led by Bill McAleer at Voyage...

READ MORE...
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...

READ MORE...
Tuesday, September 8, 2015

Nick Hanauer Takes Issue With On-Demand, Part Time Labor Pay

Seattle venture capitalist Nick Hanauer--who is no stranger to controversy--is in a new push to help improve the lot of the new generation of part time, on-demand workers. In an interview with the Los Angeles Times this morning, Hanauer and...

READ MORE...
Wednesday, September 2, 2015

Kona Medical Raises $10M More

Bellevue-based medical device developer Kona Medical has raised $10M in funding, via a convertible debt round, according to a regulatory filing from the firm today. Details on the funding have not yet been announced. The funds look to be pa...

READ MORE...
Wednesday, September 2, 2015

Area360 Finds $3.5M For Mobile Location Services

Seattle-based Area360, the developer of mobile location technology, said today that it has raised $3.5M in a Series A funding, and set up shop in Seattle. The funding was led by Madrona Venture Group. The startup--which was started in New Z...

READ MORE...
Tuesday, September 1, 2015

Remitly Gets $12M Line Of Credit, Trumpets Growth

Seattle-based mobile remittance service Remitly reported Tuesday that it has raised $12M in a line of credit, as it says it is seeing "record growth" in its service. The company--which is led by Matt Oppenheimer--said the line of credit com...

READ MORE...
Tuesday, September 1, 2015

Lighter Capital Funds Hyper Martial Arts

Seattle-based lending and financing provider Lighter Capital said today that it has funded Hyper Martial Arts, a lifestyle brand which offers up online training and other materials, plus apparel, to marital arts enthusiasts. Lighter Capital...

READ MORE...
Thursday, August 27, 2015

Dreambox Learning Raises $10M In Series B

Bellevue-based DreamBox Learning, the developer of adaptive learning software for the K-8 market, said today that it has raised $10M in a Series B funding. The funding was led by Owl Ventures, and also included Tao Capital Partners. Tory Pa...

READ MORE...
Thursday, August 27, 2015

Amazon Invests In Musaic, Rachio

Seattle-based Amazon.com says it has made two new investments today out of its Alexa Fund, its $100M fund for human voice startups. Amazon said it invested in Musaic, a developer of high resolution, wireless HiFi systems, and Rachio, a deve...

READ MORE...
Wednesday, August 26, 2015

HelloTech, Founded By Former RealNetworks Exec, Gets Funding From Madrona

HelloTech, a new startup founded by former RealNetworks Chief Strategy Officer Richard Wolpert, has raised $10M in a Series A funding from Seattle investor Madrona, according to reports. The startup, which is developing an on-demand, in-hom...

READ MORE...
Wednesday, August 26, 2015

Modumetal Finds $33.5M In New Funding

Seattle-based Modumetal, which is developing nanolaminated metals aimed at protecting metal parts against corrosion, said Tuesday that it has raised a round of financing. Size of the funding was not announced by Modumetal, however, the rou...

READ MORE...
Tuesday, August 25, 2015

Ignition Partners Backs BlueData In New Funding

Bellevue-based venture investor Ignition Partners is continuing its investments in enterprise software, as part of a new funding for Silicon Valley's BlueData. BlueData said this morning that it has raised $20M in a Series C funding, which ...

READ MORE...
Tuesday, August 25, 2015

Spare5 Finds $10M For Crowdsourcing App

Seattle-based Spare5, which develops and iPhone app to help businesses tap into a crowdsourced network of human beings to help with small, difficult to automate tasks, has raised $10M in a Series A funding. The funding came from Foundry Gro...

READ MORE...
Monday, August 24, 2015

TrueFacet Finds $2.7M From Maveron

Techstars Seattle grad TrueFacet, whicho perates an online luxury jewelry marketplace, disclosed Friday that it has raised $2.7M in a funding from Seattle investor Maveron. The funding also included Social Leverage and Founders' Co-op. True...

READ MORE...
Thursday, August 20, 2015

Navigating Cancer Finds $10M

Seattle-based Navigating Cancer, which develops web-based software power the patient portals of cancer programs, has raised $10M in a funding round. The funding was led by Merck Global Health Innovation Fund, along with ORIX Healthcare Capi...

READ MORE...
Tuesday, August 18, 2015

Peach Gains $8M, Expands To Boston, DC

Seattle-based lunch delivery service Peach said this morning that it has raised $8M more in funding, and is expanding its service to Boston and Washington, D.C. The funding was led by Madrona Venture Group, and also included Vulcan Capital....

READ MORE...
Thursday, August 13, 2015

Optimum Energy Finds $10M More

Seattle-based Optimum Energy, the provider of energy optimization services, has raised another $10M in funding, according to a regulatory filing by the company. The funding looks to be part of an ongoing, $20.28M fundraising effort by the c...

READ MORE...
Wednesday, August 12, 2015

Provata Health Finds $1.4M In STTR Funding

Portland-based Provata Health, a developer of workplace wellness programs, said Wednesday that it has raised $1.4M in funding, via a Small Business Technology Transfer (STTR) Phase II funding from the National Institutes of Health (NIH). Th...

READ MORE...
Wednesday, August 12, 2015

G5 Gets $76M Funding

Bend, Oregon-based G5, the developer of digital marketing software for the property management industry, said Wednesday that it has raised $76M in a private equity funding. The funding came from Peak Equity Partners. G5 is led by Dan Hobin....

READ MORE...
Tuesday, August 11, 2015

Tyfone Gets $6.6M In Series C Funding

Portland-based Tyfone, which develops digital security software and hardware, has raised $6.6M in a Series C funding. The funding was led by RPX Corp, as well as In-Q-Tel, and Steve Pawlowski (Micron Technologies, Intel), along with General...

READ MORE...
Tuesday, August 11, 2015

Cloudability Raises $5.9M In Ongoing Round

Portland-based cloud spend monitoring service Cloudability has raised around $5.9M in an ongoing funding round, part of a $12.0M funding effort by the company, according to a recent regulatory filing by the firm. Details on the funding have...

READ MORE...
Tuesday, August 11, 2015

ImpactFlow Finds $5.7M For Nonprofit Marketplace

Portland-based ImpactFlow, a startup which helps nonprofits and businesses connect around fundraising events, has raised $5.7M in a seed funding round. The funding came from un-named, individual investors. ImpactFlow is led by tyler Foreman...

READ MORE...
Tuesday, August 11, 2015

Unify Square Gets $4M More In Equity, $7M Credit Line

Bellevue-based Unify Square, which provides implementation support for Microsoft's Skype for Business, has raised $4M in equity funding, plus an additonal $7M in a credit line. According to Unify Square, the $4M is the final close of its $1...

READ MORE...
Wednesday, August 5, 2015

Patent Navigation Gets $2M To Automate Patent Filing

Seattle-based Patent Navigation, a startup developing tools to help attorneys with preparing patent applications, said Wednesday that it has raised $2M in a seed funding round. The funding was led by Voyager Capital. As part of the funding,...

READ MORE...
Monday, August 3, 2015

Yapta Finds Nearly $1.8M More

Seattle-based Yapta, the provider of travel price tracking software, has raised $1.78M more in funding, the company revealed last week in a regulatory filing. Source of the funding was not announced. Yapta is led by James Filsinger. Yapta, ...

READ MORE...
Thursday, July 30, 2015

PicMonkey Snags Big $41M Funding Round

Seattle-based PicMonkey, which develops a web-based, photo editing app, has raised $41M in a big funding round, the company disclosed today. The funding came from private equity investor Spectrum Equity. PicMonkk, which is led by Jonathan S...

READ MORE...
Tuesday, July 28, 2015

Avvo Raises $71.5M, Plans Hiring Surge

Seattle-based Avvo, the online marketplace for legal services led and founded by Mark Britton, said Tuesday that it has raised $71.5M in a financing round. The funding was led by Technology Crossover Ventures (TCV), and also included Vulcan...

READ MORE...
Tuesday, July 28, 2015

PushSpring Pulls In $5M For Mobile Data

Seattle-based PushSpring, which provides mobile audience data to marketers, said today that it has raised $5M in a Series A funding round . The funding was led by Trilogy Equity Partners. As part of the funding, Trilogy's Cole Brodman joins...

READ MORE...
Monday, July 27, 2015

Nacho Cove Finds $1.2M In Seed Funding For Super Smart Email

Portland-based Nacho Cove, which develops mobile apps that include email, calender, and contact management, said last week that it has raised a seed funding round. The funding came from angel investors. Nacho Cove says it is developing a mo...

READ MORE...
Tuesday, July 21, 2015

Bright.md Gets $3.5M For Virtual Healthcare

Portland-based Bright.md announced this morning that it has raised $3.5M in a funding round, to go towards its healthcare software-as-a-service. Bright.md said the Series A funding came from the Oregon Angel Fund, and also included Seven Pe...

READ MORE...
Wednesday, July 15, 2015

Maveron Backs HopSkipDrive, Ride Service For Kids

Seattle-based venture investor Maveron is one of the backers of a new startup, which is looking to bring the on-demand model of Uber to the world of kids. HopSkipDrive said Tuesday that it has raised $3.9M in a seed funding, which included ...

READ MORE...
Wednesday, July 15, 2015

Keiretsu Capital Tops Off Angel Co-Investment Fund

Seattle-based angel investment group Keiretsu Capital has closed a $6.05M, angel co-investment fund, which it says it will invest in early stage technology companies. The investment fund--which is joined at the hip with the Keiretsu Forum a...

READ MORE...
Tuesday, July 14, 2015

Intelius Gets $31M In Credit Facility

Seattle-based Intelius has received $31M in a senior credit facility from Monroe Capital, Monroe said today, as part of the acquisition of Intelius by H.I.G. Capital. Financial terms of the credit facility were not announced. The acquisitio...

READ MORE...
Tuesday, July 14, 2015

Arivale, Founded By Leroy Hood, Finds $36M For Wellness Efforts

Seattle-based Arivale, a new startup founded by genomics pioneer Leroy Hood, said late Monday evening that it has raised $36M in a Series B funding. The funding came from ARCH Venture Partners, Polaris Partners, as well as Maveron. Arivale ...

READ MORE...
Thursday, July 9, 2015

Zonar Systems Gets $50M In Funding For Telematics Efforts

Seattle-based Zonar Systems, a developer of telematics services and technology for the trucking and transportation industry, has scored $50M in a funding round, the company disclosed Wednesday. The funding came from Daimler Trucks North Ame...

READ MORE...
Thursday, July 9, 2015

Forks Finds Funding

Seattle-based Forks, which develops a location-based, restaurant coupon app for iOS, says it has scored a round of funding. The funding came from Northwest Capital Consulting. Financial terms of the investment were not disclosed. Forks deve...

READ MORE...
Tuesday, June 30, 2015

Unikrn Finds $7M For Video Game Wagering Startup

Seattle-based Unikrn, a new startup led by former Microsoft Ventures' GM Rahul Sood, has raised $7M in a funding round, to focus on legal wagering on video games. The Series A funding came from Binary Capital, Mark Cuban, Advancit Capital, ...

READ MORE...
Tuesday, June 30, 2015

SkyKick Raises $10M More

Seattle-based SkyKick, which develops cloud IT management software, said today that it has raised $10M more in a funding round, and also launched a new set of applications. The Series B funding round came from its current investors, includi...

READ MORE...
Wednesday, June 24, 2015

Indix Finds $15M For Product Information Database

Seattle-based Indix, which operates a giant database of product information used by e-commerce, retail, brands, and other customers, has raised $15M in a Series B funding. The funding came from Nokia Growth Partners, Nexus Venture Partners ...

READ MORE...
Wednesday, June 24, 2015

Auth0 Raises $6.875M For Single Sign On Toolkit

Seattle-based Auth0, a developer of software aimed at making identity authorization easier for developers, said today that it has raised $6.875M more in funding. The funding came from Bessemer Venture Partners and K9 Ventures, both existing...

READ MORE...
Tuesday, June 23, 2015

Appuri Finds $2M In Seed Funding

Seattle-based Appuri, which is developing a platform which uses big data to help product teams measure and understand churn and retention, has raised $2.0M in a seed funding, the company said Tuesday. The funding was led by Divergent Capita...

READ MORE...
Thursday, June 4, 2015

Madrona Announces $300M Fund, Madrona Venture Fund VI

Seattle-based venture investor Madrona said Thursday that it has closed on its sixth fund, Madrona Venture Fund VI, at $300M. Madrona said the round was oversubscribed. The new fund brings the company's total under management to nearly $1.3...

READ MORE...
Thursday, June 4, 2015

Carena Raises $13.3M For Telemedicine Efforts

Seattle-based Carena, a startup that provides telemedicine services to hospital systems, said this morning that it has raised $13.3M in a funding round. The funding came from Cambia Health Solutions, McKesson Ventures, Catholic Health Initi...

READ MORE...
Tuesday, June 2, 2015

Ottemo Gets $650K

Seattle-based Ottemo, a startup developing e-commerce software, has raised $650,000, as part of an ongoing $1.9M funding round, according to a recent regulatory filing by the firm. The company is led by Gavin Smith. Ottemo says it is devel...

READ MORE...
Thursday, May 28, 2015

AutoGraph Finds $2.7M For Mobile Personalization

Seattle-based AutoGraph announced today that it has raised $2.7M in a funding round, which came from Voyager Capital and the Alliance of Angels. The startup, which is led by Henry Lawson, develops mobile personalization software and technol...

READ MORE...
Wednesday, May 27, 2015

DocuSign Adds Investments From Dell, Intel

Electronic signature developer DocuSign has added new, strategic funding on top of an earlier, $233M funding the company announced earlier this week. According to DocuSign, it has raised additional funding in its Series F funding from Dell ...

READ MORE...
Thursday, May 21, 2015

Ignition Partners Targets Enterprise Software With New, $200M Fund

Bellevue-based Ignition Partners said Thursday that it has raised $200M in its newest fund, Ignition Venture Partners VI, and will target investments in enterprise software startups. The company said the fund was significantly oversubscribe...

READ MORE...
Thursday, May 21, 2015

Wave Finds $130M For Fiber Network Expansion

Kirkland-based Wave has raised a huge, $130M funding round to help expand its Gigabit Ethernet fiber network, the company said this morning. According to Wave, the funding came in the form of a corporate bond sale, which was led by Deutsche...

READ MORE...
Thursday, May 21, 2015

Maana Raises $11M For Big Data Search Engine Tools

Maana, a startup developing big data search engine tools which has and office in Bellevue, said Wednesday that it has raised $14M in funding for its efforts, from Chevron Technology Ventures, ConocoPhillips Technology Ventures, Frost Data C...

READ MORE...
Wednesday, May 20, 2015

Glowforge Gets $9M For 3D Laser Cutter/Engraver

Seattle-based Glowforge, which is developing 3D laser printers for the consumer market, said today that it has raised $9M in a Series A funding round. The funding came from Foundry Group, True Ventures, as well as angels Bre Pettis and Jenn...

READ MORE...
Tuesday, May 19, 2015

iSpot.tv Raises $21.9M

Bellevue-based iSpot.tv, a provider of service which help advertisers correlate TV campaigns with effectiveness of their ads, has raised $21.9M in a Series B funding round. The funding was led by Insight Venture Partners, and also included ...

READ MORE...
Tuesday, May 12, 2015

Venture Services Firm Tallwave Sets Up In Portland

Tallwave, a company which helps startups commercialize and take their technology to market, said today that it has set up shop in Portland, to tap into the region's growing startup and technology ecosystem. The firm--which got its start in ...

READ MORE...
Tuesday, May 12, 2015

Vadio Raises $7.5M For Streaming Music Technology

Portland-based streaming video and music technology developer Vadio said this morning that it has raised $7.5M in a Series A funding. The funding came from Marker LLC. As part of the funding, Vadio said it has named Yair Landau, former Pres...

READ MORE...
Tuesday, May 12, 2015

DocuSign Gets $233M

DocuSign, the electronic signature software developer which was founded in Seattle, has raised a huge, $233M funding round, the company announced today. The company--now based in San Francisco, but which continues to have a big Seattle pres...

READ MORE...
Monday, May 11, 2015

Transpose Finds $1.4M For Data Organization

Seattle-based Transpose, a developer of information management software aimed at helping to automatically organize data and notes, has raised $1.4M in a funding round, the company said this morning. The funding came from Founders' Co-op, ...

READ MORE...
Wednesday, May 6, 2015

Adaptive Biotechnologies Finds $195M

Seattle-based Adaptive Biotechonlogies, a developer of high throughput genetic sequencing technology, said Wednesday that it has raised $195M in a funding round. The company said the funding came from Matrix Capital Management, and also inc...

READ MORE...
Tuesday, May 5, 2015

Madrona Re-Ups On Wonder Workshop, Robot Toy Developer

Seattle-based investor Madrona Venture Group has re-upped in a Silicon Valley-based developer of robotic, programmable toys. According to Wonder Workshop this morning, it has raised $6.9M in funding, in a round which was led by Wi Harper Gr...

READ MORE...
Monday, May 4, 2015

Outreach Finds $2M For Sales Automation Tools

Seattle-based Outreach, a developer of sales automation software, disclosed today that it has raised $2M in a seed funding round. Name of investors in the round were not announced. Outreach, which is led by Manny Medina, automates sales ema...

READ MORE...
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...

READ MORE...
Wednesday, April 15, 2015

Poachable Adds $750K For Talent Marketplace

Seattle-based Poachable, a startup developing an online, anonymous job and talent marketplace, has raised another $750,000 in funding, the company said this morning. The funding came from Vulcan Capital, Dawn Lepore (Drugstore.com), and oth...

READ MORE...
Monday, April 13, 2015

Crowd Supply Gets $585K

Portland-based Crowd Supply, an online crowdfunding marketplace focused on projects developed by engineers and designers, disclosed last week that it has raised $585,000 in a seed funding round. The funding came from Portland Seed Fund, SOS...

READ MORE...
Tuesday, April 7, 2015

Privateer Holdings Hits $75M In Funding Round

Seattle-based Privateer Holdings, the Founders Fund-backed private equity firm which is looking to invest in legal cannabis startups, has close its $75M, Series B funding round, the company said today. The company said it has now raised $82...

READ MORE...
Thursday, April 2, 2015

Founder's Co-op Raises New, $20M Seed Investment Fund

Seattle-based investor Founder's Co-op announced this morning that it has raised a new, $20M fund, the company's third fund, aimed at seed stage startups in the Pacific Northwest. The firm said it now has over 100 individual and institution...

READ MORE...
Wednesday, April 1, 2015

Lumen Learning Lands $2.5M

Portland-based Lumen Learning announced Wednesday that it has raised $2.5M in a funding round, from the Oregon Angel Fund, Portland Seed Fund, the Seattle Alliance of Angels, plus Ray Henderson, Dave Mills, and Tom Rubin. Lumen Learning dev...

READ MORE...
Monday, March 30, 2015

Jama Software Finds $20M

Portland-based Jama Software, which develops cloud-based tools for managing software development, has raised $20M in a new funding round. The funding came from Updata Partners, along with Trinity Ventures, Madrona Venture Group and the Oreg...

READ MORE...
Thursday, March 26, 2015

Ignition Venture Partners Looks To Raise $200M In Sixth Fund

Bellevue-based Ignition Venture Partners is looking to raise $200M in a new fund, the venture investment firm's sixth, in a new effort disclosed in a regulatory filing by the firm. The filing says that the company has yet to receive any com...

READ MORE...
Monday, March 23, 2015

Cyanogen Finds $80M More For Mobile OS

Seattle-based Cyanogen, the developer of the open source, alternative build of the Android operating system, said this morning that it has raised $80M in a new, Series C funding--bringing the company's total raised to a whopping $110M. The ...

READ MORE...
Friday, March 20, 2015

Rover Raises $25M

Seattle-based pet sitting marketplace Rover.com has raised $25M in a new funding round, in a funding led by Technology Crossover Ventures. According to the company, the company's existing investors, including Foundry Group, Madrona Venture...

READ MORE...
Thursday, March 19, 2015

Remitly Lands $12.5M

Seattle-based money transfer and remittance startup Remitly said this morning that it has raised $12.5M in a Series B funding round. The funding was led by DFJ, and also included DN CApital, QED Investors, and Trilogy Equity Partners. As p...

READ MORE...
Friday, March 13, 2015

Gates Foundation Invests $52M In Vaccine Developer CureVac

The Bill & Melinda Gates Foundation has made in investment in a German biopharmaceuticals company, as part of its efforts to support vaccine development, the foundation said this week. According to the foundation, it invested $52M in CureVa...

READ MORE...
Wednesday, March 11, 2015

Cardiac Dimensions Ups Round To $43M For Medical Device Trials

Kirkland-based Cardiac Dimensions, which is developing a mitral repair device used for treating heart failure, said this morning that it has now raised $43M in its latest funding round. The total comes thanks to a $15.2M tranche of funding....

READ MORE...
Wednesday, March 11, 2015

Spaceflight Industries Gets $20M

Seattle-based Spaceflight Industries, the space startup which helps deliver small satellites into space, said today that it has raised $20M in a Series B funding. The company, which is headed by Jason Andrews, said the new funding was led b...

READ MORE...
Friday, March 6, 2015

MOD Pizza Gets $40M In Funding To Expand Nationwide

Seattle-based MOD Pizza said Thursday that it has raised $40M in a private equity funding, from PWP Growth Equity and its existing shareholders. The Seattle-based make-your-own pizza chain said it will use the funding to support national ex...

READ MORE...
Wednesday, March 4, 2015

Building Energy Gets $300K From Lighter Capital

Portland-based Building Energy, which provides cloud-based software for managing the energy efficiency of buildings, has raised $300,000 in growth funding, from Seattle's Lighter Capital. According to the company, the funds go towards expan...

READ MORE...
Tuesday, March 3, 2015

Tempered Networks Raises $15M

Seattle-based Tempered Networks, a developer of secure networking products for the connected device market, said today that it has raised $15M in a Series A funding round. The funding was led by Ignition Partners, and also included IDG Vent...

READ MORE...
Friday, February 27, 2015

Vulcan Capital Backs Second Life Creator's New Startup

Seattle-based venture investor Vulcan Capital, Paul Allen's investment firm, has backed the founder of Second Life in another virtual world venture. High Fidelity disclosed this week that it has raised $11M in a new funding round, led by Vu...

READ MORE...
Thursday, February 26, 2015

PlayFab Lands $7.4M For Backend Game Tools

Seattle-based PlayFab has reportedly raised $7.4M in a funding round, according a report. The funding came from Benchmark Capital, along with Madrona Venture Group, Startup Capital Ventures, and angels. The company, led by James Gwertzmann,...

READ MORE...
Thursday, February 26, 2015

OpenDoor Looks To Bring Instant Home Sales To Portland

Homeowners in Portland will soon be able to submit their homes online for a near-instant sale, thanks to the expansion plans of a Silicon Valley startup. Opendoor, a San Francisco startup, operates an online real estate marketplace, which a...

READ MORE...
Wednesday, February 25, 2015

Unify Square Gets $8.2M From Microsoft, Others

Bellevue-based Unify Square, a provider of software and services built around Microsoft's Lync and Skype software, said this morning that it has raised $8.2M in a Series B funding. The funding came from Microsoft, as well as angels from Yah...

READ MORE...
Friday, February 20, 2015

Urban Airship Lands $21M

Portland-based Urban Airship said Friday that it has raised $21M, bringing its total raised to $67.6M. The new, Series D funding came from August Capital, Foundry Group, Franklin Park Associates, QuestMark Partners, True Ventures and Verizo...

READ MORE...
Wednesday, February 18, 2015

K2 Lands Massive $100M Round From Francisco Partners

Bellevue-based K2, which develops business application software, has raised $100M in a massive funding round, from private equity firm Francisco Partners. The company, which is led by Adriaan van Wyk, said the strategic funding will go towa...

READ MORE...
Wednesday, February 18, 2015

APImetrics Finds $500K For API Monitoring

Seattle-based APImetrics, which develops application programming interface (API) monitoring software, said Tuesday that it has raised $500,000 in a seed funding round. The round was led by Bain Capital Ventures. According to APImetrics, the...

READ MORE...
Friday, February 13, 2015

Lighthouse eDiscovery Raises Private Equity Funding

Seattle-based Lighthouse eDiscovery, which provides electronic discovery products to law firms, said this week that it has raised a round of private equity funding from Spire Capital. Lighthouse disclosed elsewhere that the round was worth ...

READ MORE...
Friday, February 13, 2015

ActionSprout Finds $1.7M For Nonprofit Tools

Portland-based ActionSprout, which develops tools for nonprofits who need to manage their Facebook social media outreach, has raised $1.7M in a funding round, the company said Thursday. The funding was led by the Oregon Angel Fund, and also...

READ MORE...
Thursday, February 5, 2015

Cheezburger Picks Up $2.74M More

Seattle-based online humor site Cheezburger said Wednesday that it has raised $2.74M in funding, bringing the company's total raised to just under $40M. The startup--led by Ben Huh--said the new funding came from Madrona Venture Group, Aval...

READ MORE...
Wednesday, February 4, 2015

Qumulo Gets $40M For Stealth Data Storage Technology

Seattle-based Qumulo said this morning that it has raised $40M in a Series B funding round, for the company's data storage as-yet-unannounced data storage technology. The funding came from Kleiner Perkins Caufield & Byers, Highland C...

READ MORE...
Monday, February 2, 2015

Zapproved Raises $15M for E-Discovery Software

Portland-based Zapproved said Monday that it has raised $15M in an investment round, which was led by K1 Investment Management. The company develops a set of cloud-based, e-discovery and compliance software. Zapproved was founded in 2008, a...

READ MORE...
Friday, January 30, 2015

Cyanogen Raising $70M From Microsoft, Says Report

Seattle-based operating system developer Cyanogen, which develops an alternative Android operating system outside of the control of Google, is set to receive $70M from Microsoft, as part of a larger funding round, according to a report. ...

READ MORE...
Friday, January 30, 2015

Madrona Taps Amazon Vet For Recruiting Efforts

Seattle-based venture capital investor Madrona Venture Group has turned to an Amazon veteran to help the firm with executive recruiting. According to Madrona, it has hired on Kerry Van Voris as Director of Talent at the investor. She most ...

READ MORE...
Thursday, January 29, 2015

Clinicient Scores $7M In Debt Funding

Portland-based Clinicient, which provides outsource billing and other services to the outpatient, rehabilitation business, has scored $7M in debt, the company said this week. The debt funding came from Silicon Valley Bank. The company said ...

READ MORE...
Thursday, January 29, 2015

TUNE Raises $27M For Mobile Marketing

Seattle-based TUNE, the mobile marketing company behind HasOffers, said today that it has raised $27M in a funding round. The funding was led by Icon ventures, and also included Accel and Performance Equity Management (PEM). TUNE said it cu...

READ MORE...
Thursday, January 29, 2015

Koru Gets $8M To Help College Grads With Job Skills

Seattle-based Koru said this morning that it has raised $8M in a Series A funding round, which was led by Maveron and also included City Lights Capital, Trilogy Equity Partners, as well as Battery Ventures and First Round Capital. Koru offe...

READ MORE...
Tuesday, January 27, 2015

Zipwhip Gets $5M To Text Enable Your Landline

Do you wish you could get text message on that old landline? Seattle's latest funded company, Zipwhip, does just that, using the cloud to make it so your landline phone can be used to send and receive text messages. Zipwhip said Tuesday tha...

READ MORE...
Tuesday, January 27, 2015

CHEF's Hale Returns To DFJ As EIR

Bryan Hale, one of the first employees of CHEF, the IT automation software startup once known as Opscode, has returned to investment firm Draper Fisher Jurvetson as an Executive-in-Residence. Hale--who resides in Seattle--had been part of ...

READ MORE...
Tuesday, January 20, 2015

Alliance Of Angels Raises $5.3M In New Pacific Northwest Seed Fund

The Alliance of Angels, which is one of the most active angel investment groups in Pacific Northwest startups, said today that it has raised $5.3M in a new, investment fund, which it says is targeted at $10M. The startup investment group sa...

READ MORE...
Tuesday, January 20, 2015

Porch Adds $65M In Series B

Seattle-based Porch.com said this morning that it has raised $65M, in the company's Series B financing round. The funding was led by Valor Equity Partners, and also included Lowe's Companies, Founders Fund, Battery Ventures, Panorama Point ...

READ MORE...
Tuesday, January 20, 2015

Distelli Gets $2.8M For Infrastructure Automation

Seattle-based Distelli announced this morning that it has raised $2.8M, to go toward sthe company's infrastructure automation software. The funding was led by Andreessen Horowitz. As par tof the funding, Andreessen's Scott Weiss joins the c...

READ MORE...
Thursday, January 15, 2015

WISErg Adds $700K For Food Recycling Technology

Redmond-based food recycling equipment developer WISErg has raised another $700,000 in its Series B funding round, according to a regulatory filing by the firm Wednesday. The funding brings its total raised so far in that round to $6.4M. WI...

READ MORE...
Tuesday, January 13, 2015

Basho Technologies Raises $25M

Bellevue-based NoSQL database developer Basho Technologies announced this morning that it has raised $25M in a funding round, a Series G funding for the company. Basho said the funding was led by Georgetown Partners. The company said the fu...

READ MORE...
Friday, January 9, 2015

Latest Seattle Venture Backed Startup Fires Up With Founders Fund Investment

One of the newest, venture backed startups in Seattle and said Thursday that it has received its first, institutional investment--the twist? This startup isn't working so much on Seattle's typical technology, e-commerce, software, or biotec...

READ MORE...
Friday, January 9, 2015

Bezos Re-Ups On Rethink Robotics

Boston-based industrial robot maker Rethink Robotics--which is backed by Bezos Expeditions, said this week that it has raised $26.6M in a Series D funding. Bezos continues to be a backer in the company. Rethink's new funding was led by GE V...

READ MORE...
Thursday, January 8, 2015

GraphLab Becomes Dato, Raises $18.5M

Seattle-based GraphLab said today that it has changed its name to Dato, and raised $18.5M in a Series B funding round. The funding was led by Vulcan Capital, and also included Opus Capital, New Enterprise Associates (NEA), and Madrona Ventu...

READ MORE...
Tuesday, January 6, 2015

Blue Box Brings Funding Round To $14M

Seattle-based Blue Box, the OpenStack-based cloud hosting provider led by Matthew Schiltz, said this morning that it has raised $14M in its Series B financing round. The company said additional investors in the round include Voyager Capital...

READ MORE...
Monday, January 5, 2015

TinyPulse Gets $3.5M

Seattle-based TinyPulse, which operates a service which helps companies better measure the happiness of their employees through weekly surveys, has raised $3.5M in a funding round, the company said last week. The funding came from Baseline ...

READ MORE...
Monday, December 22, 2014

Data Center Operator Gets $55.5M For New Portland Data Center

Data center operator T5 Data Centers, a nationwide data center operator, has raised $55.5M to build out a new facility in the Portland area, according to commercial lending company CIT Group. CIT Group said that T5@Portland is planning to b...

READ MORE...
Monday, December 22, 2014

Echodyne Gets $15M

Bellevue-based Echodyne said late last week that it has scored $15M in an initial funding round, which came from Bill Gates and Madrona Venture Group. The funding also included Vulcan Capital, Lux Capital, The Kresge Foundation, and others....

READ MORE...
Monday, December 22, 2014

Elemental Technologies Finds $14.5M

Portland-based Elemental Technologies announced this morning that it has raised $14.5M in a Series D financing round, led by Australian telecommunications firm Telstra. European entertainment firm Sky, along with General Catalyst Partners, ...

READ MORE...
Thursday, December 18, 2014

FolioMetrix Lands $5M

Portland-based FolioMetrix, a developer of mutual fund asset management software, has raised $5M in a funding round, the company said Wednesday. The funding came from Grail Partners. FolioMetrix was co-founded by Greg Rutherford and Jerry M...

READ MORE...
Thursday, December 18, 2014

Skytap Scores $35M

Seattle-based Skytap has raised $35M in an investment round, led by Insight Venture Partners, the company announced this morning. The funding also included the company's existing investors, which include OpenView Venture Partners, Ignition ...

READ MORE...
Thursday, December 18, 2014

Redfin Gets $70.9M Funding Round For National Expansion

Seattle-based online real estate brokerage Redfin said this morning that it has raised a $70.9M funding round, as it continues to expand out the number of markets it serves. Redfin said the funding was led by Wellington Management Company, ...

READ MORE...
Wednesday, December 17, 2014

Kymeta Raises $20M, Swaps CEO

Redmond-based Kymeta has raised $20M in a financing round, and has shuffled its CEO, the company said earlier this week. Kymeta said the investment came from existing investors, including Bill Gates and lux Capital. Kymeta has appointed Nat...

READ MORE...
Wednesday, December 17, 2014

Utrip Gets $850K For Personalized Travel Service

Seattle-based Utrip said today that it has raised $850,000 in a funding round, to go towards the company's personalized travel planning services. Source of the funding was not announced. Utrip is led by Gilad bernstein. Utrip says it is dev...

READ MORE...
Monday, December 15, 2014

NRGindependence Gets Backing From Oregon BEST

NRGindependence, a new startup spun out of Oregon State University, has scored commercialization funding from Oregon BEST, the commercialization organization created by the Oregon Institute of Technology, Oregon State University, Portland S...

READ MORE...
Monday, December 8, 2014

Icebrg.io Gets $2.5M For Network Security Efforts

Seattle-based Icebrg.io, a startup founded by former Microsoft Security veterans William Peteroy and Josh Carlson, said last week that it has raised $2.5M in a seed financing round. The funding was led by Madrona Venture Group, and also inc...

READ MORE...
Wednesday, December 3, 2014

Blab Nabs $8.8M

Seattle-based Blab, a developer of predictive analytics software aimed at social conversations, said this morning that it has raised $8.8M in a funding round, the initial close on an ongoing $11.6M funding for the company. The Series B Pref...

READ MORE...
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...

READ MORE...
Monday, November 24, 2014

Mirador Financial Gets $2M

Portland-based Mirador Financial, a developer of small business lending services, disclosed this morning that it has raised $2M in a seed funding round. The funding came from Collaborative Fund, Crosslink Capital, Vesta Corp and Wicklow Cap...

READ MORE...
Friday, November 21, 2014

DocuSign Adds Three Strategic Investors

Electronic signature software developer DocuSign, which has major operations in Portland, has added three big strategic investors to its latest funding round, the company said Thursday. DocuSign said that Samsung Ventures, the Singapore Eco...

READ MORE...
Thursday, November 20, 2014

Gates' Backed Uversity Finds More Funding

Uversity, the educational analytics startup backed by the Bill & Melinda Gates Foundation, said Wednesday that it has raised additional funding, bringing the company's total raised to $11.4M. Exact size of the funding round was not disclose...

READ MORE...
Wednesday, November 19, 2014

Cheezeburger's Ben Huh Backs Honk, An Uber For Roadside Assistance

Ben Huh, the head of Seattle-based Cheezburger Ntework, is one of the investors backing a new service, HONK, an Uber-like smartphone powered, on-demand service for roadside assistance. Honk said this morning that it has raised $1.8M in a se...

READ MORE...
Monday, November 17, 2014

Unitas Seed Fund Gets $4M From Bill Gates and Other Seattle Angel Investors

Seattle- and Bangalore, India-based seed investment firm Unitas Seed Fund said today that it has raised $4M in funding from 16, Indian investors, plus additional funding in an affiliated offshore venture fund from Bill Gates, Steve Singh, ...

READ MORE...
Friday, November 14, 2014

VICIS Wins $500,000 From NFL, Others To Tackle Concussions

Seattle-based VICIS, the University of Washington spinout which is developing a new football helmet designed to reduce the probability of concussions, has won $500,000 as part of a competition sponsored by the NFL, GE, and Under Armour. Acc...

READ MORE...
Thursday, November 13, 2014

Indice Semiconductor Raises $6M, Moves To Oregon

Indice Semiconductor, a developer of mixed signal power circuits, has raised $6M in a funding round, and moved its headquarters to Tualatin, Oregon. According to the company, the new funding was led by Pixelworks co-founder and former CEO A...

READ MORE...
Wednesday, November 12, 2014

Maveron Invests In Course Hero

Seattle-based venture investor Maveron has put more money into a provider of class notes and other educational resources for high school and college students. Course Hero, which is based in Silicon Valley, said Wednesday that it has raised ...

READ MORE...
Monday, November 10, 2014

Avalara Gets $100M From Warburg Pincus

Bainbridge Island, Washington-based Avalara has scored a huge, $100M financing round, from private equity investor Warburg Pincus. Avalara announced the deal Monday, saying the funding will go towards growth, including international expansi...

READ MORE...
Friday, November 7, 2014

Highspot Gets $9.6M

Seattle-based Highspot, a developer of a cloud-based, sales software product, said Friday morning that it has raised $9.6M in a Series A financing round. The funding was led by Madrona Venture Group. Tim Porter of Madrona joins the company...

READ MORE...
Thursday, November 6, 2014

Shippable Scores $8M For Container Software

Seattle-based Shippable, which is developing continuous integration and delivery software for hot "container" software market, said this morning that it has raised $8M in a Series A funding round. The funding was led by Madrona Venture Grou...

READ MORE...
Monday, November 3, 2014

F5 Founder Hussey Joins Tempered Networks

Jeff Hussey, the founder of F5 Networks, has taken the helm of Seattle-based Tempered Networks, the company said this morning, as part of a relaunch of the company. Tempered Networks--which was previously known as Asguard Networks--said tha...

READ MORE...
Tuesday, October 28, 2014

Vadio Announces $2M Funding

Portland-based Vadio said Monday that it has raised $2M in a funding round. Vadio develops technology which matches up online music videos with online music streaming services, ad is led by Bryce Clemmer. The funding comes from a long list ...

READ MORE...
Monday, October 27, 2014

Limeade Gets $25M In New Funding

Seattle-based Limeade, a developer of software which helps employers improve the health of their employees, has raised $25M in a fudning round. The funding was led by Oak HC/FT Partners. TVC Capital also participated in the funding. Limeade...

READ MORE...
Wednesday, October 22, 2014

Urban Airship Finds $12M More

Portland-based mobile notification infrastructure developer Urban Airship said today that it has raised $12.1M more in a Series D financing round, from the company's existing investors. The company said the new funding came from True Ventu...

READ MORE...
Wednesday, October 22, 2014

Lytics Lands $7M

Portland-based Lytics, which develops digital marketing and targeting tools, said today that it has raised $7M in a Series A funding. The funding came from Comcast Ventures, and also included Rembrandt Venture Partners and Voyager Capital, ...

READ MORE...
Tuesday, October 21, 2014

Acumatica Raises $13.3M

Seattle-based business software developer Acumatica said today that it has raised $13.3M in a new funding round, from MYOB, Runa Capital, Almaz Capital, and Visma. MYOB, which is an Australian software maker, takes a seat on Acumatica's boa...

READ MORE...
Monday, October 20, 2014

Engineers' Kickstarter Project Racks Up $230K For Cold Beer

Think it's hard to raise money for your startup? Well, apparently, you ought to be thinking about combining your passion for cold beer and startups, and Kickstarter. Portland-nbased GrowlerWerks has so far scored $230,000 for its project to...

READ MORE...
Wednesday, October 15, 2014

Blue Box Gains $10M More For OpenStack Cloud

Seattle-based Blue Box, which provides OpenStack cloud hosting services, has raised $10M in a Series B funding round, according to the company. The funding was led by an un-named, strategic investor, and also included Voyager Capital and Fo...

READ MORE...
Wednesday, October 15, 2014

OneEnergy Renewables Finds $5M

Seattle-based solar energy financing company OneEnergy Renewables has raised $5M in a Series B funding round, led by Ecosystem Integrity Fund (EIF), according to the company. The funding also included Seattle cleantech angel group Element 8...

READ MORE...
Tuesday, October 14, 2014

2nd Watch Gets $10M

Seattle-based 2nd Watch, which develops cloud migration services to enterprises, said today that it has raised $10M in additional venture funding. The funds came from Top Tier Capital Partners, along with Madrona Venture Group and Columbia ...

READ MORE...
Monday, October 13, 2014

Volometrix Lands $12M

Seattle-based Volometrix, a developer of employee benchmarking and analytics tools, said today that it has raised $12M in a funding round. The funding came from Split Rock Partners and Shasta Ventures. Split Rock's Jim Simons joins the comp...

READ MORE...
Wednesday, October 8, 2014

Azuqua Finds $5M To Connect Cloud Apps

Seattle-based Azuqua, a developer of a platform to help build business applications using different cloud services, said today that it has raised $5M in a Series A funding. The funding came from Ignition Venture Partners. According to Azuau...

READ MORE...
Wednesday, October 8, 2014

Azuqua Finds $5M To Connect Cloud Apps

Seattle-based Azuqua, a developer of a platform to help build business applications using different cloud services, said today that it has raised $5M in a Series A funding. The funding came from Ignition Venture Partners. According to Azuau...

READ MORE...
Tuesday, October 7, 2014

Cardiac Dimensions Adds $8.5M

Kirkland-based medical device developer Cardiac Dimensions said this morning that it has raised $8.5M in a financing round. The funding came from Arboretum Ventures, along with M.H. Carnegie & Co. and Lumira Capital. The funding is part of ...

READ MORE...
Monday, October 6, 2014

DocuSign Raises $115M

DocuSign, the electronic signature company which has major operations in Seattle, said Monday that it has raised $115M in a new investment round. The funding came from Mitsui Knowledge Industry Co., Recruit Holdings Co., and Nippon Telegrap...

READ MORE...
Monday, October 6, 2014

Opal Labs Lands $8M

Portland-based Opal Labs said Friday that it has raised $8M in a Series A funding. The funding was led by Madrona Ventures. Opal is a developer of collaborative planning software aimed at brand and social marketing teams. The company is led...

READ MORE...
Friday, October 3, 2014

Datappraise Raises Funding

Seattle-based Datappraise, a developer of database and report production software for commercial real estate appraisers, said this week that it has scored a round of investment. The funding came from commercial real estate advisory service ...

READ MORE...
Wednesday, October 1, 2014

Porch Competitor Houzz Gets $165M

The home remodeling and design site market looks to be heating up today, as one of the competitors to local startup Porch said it has raised a big, $165M funding round. Silicon Valley's Houzz, which offers up an online guide to home remodel...

READ MORE...
Thursday, September 25, 2014

Context Relevant Gets $13.5M

Seattle-based Context Relevant announced Thursday that it has raised $13.5M in a Series B-1 funding round, for the company's data science and analytics applications. The funding came from Goldman Sachs, Bank of America Merrill Lynch, Forma...

READ MORE...
Thursday, September 25, 2014

POW Finds $2.5M For Snowboarding Gloves, Apparel

Seattle-based POW, which makes gloves for snowboarders, said Wednesday that it has raised $2.5M in a venture funding round. The funding came from Columbia Pacific Advisors. POW has been around since 2002, and is behind the brands POW Gloves...

READ MORE...
Thursday, September 25, 2014

Apptentive Raises $5.3M

Seattle-based Apptentive, a developer of mobile customer feedback tools, said late Wednesday that it has raised $5.3M in a Series A funding round. The funding came from SurveyMonkey and Origin Ventures, along with Founders Co-op and Golden ...

READ MORE...
Wednesday, September 24, 2014

Pro.com Gets $14M

Seattle-based home project quote site Pro.com has raised $14M in a Series A funding, the company said this morning, to go towards the company's site for helping consumers figure out the costs of house improvement projects. The funding was l...

READ MORE...
Tuesday, September 23, 2014

CrowdStreet Raises $800,000 For Crowdsourced Real Estate

Portland-based CrowdStreet, a crowdfundings startup which has created a marketplace to connect investors with real estate deals, has raised $800,000 in a seed funding, the company said this morning. The funding was led by Green Visor Capita...

READ MORE...
Wednesday, September 17, 2014

Porch Funding Reaches $33M

Seattle-based Porch, the online site which lets users take a peek at their neighbor's home improvement projects, said today that it has now raised $33M in funding--including a big, $27.6M funding Series A funding earlier this year. The star...

READ MORE...
Wednesday, September 17, 2014

Auth0 Raises $2.4M

Seattle-based Auth0, a developer of APIs and software for helping manage app authentication and authorization, has raised $2.4M in a funding round. The funding came from Bessemer Venture Partners, and also included K9 Ventures, Portland See...

READ MORE...
Friday, September 12, 2014

Porsche Buys $55M Stake In Inrix

Kirkland-based traffic information provider Inrix has sold a ten percent stake in the company to Porsche Automobil Holdings SE, the company which manages the Porsche family's investment holdings, in a deal worth $54M. Porsche--which also ow...

READ MORE...
Thursday, September 11, 2014

Madrona Names Former Microsoft Exec As Partner

Seattle-based venture investor Madrona Venture Group said this week that it has named former Microsoft executive Kurt DelBene as a Venture Partner. DelBene had been President of Microsoft's Office division, and most recently had been adviso...

READ MORE...
Wednesday, September 10, 2014

FlightCar Expands To Seattle After $13.5M Round

FlightCar, a peer-to-peer car sharing company which lets people rent out their cars from the airport when they are away, said this morning that it is expanding to Seattle-Tacoma International Airport (SEA), which will be the company's fourt...

READ MORE...
Tuesday, September 9, 2014

Venuelabs Gets Funding From Salesforce

Seattle-based Venuelabs, a developer of marketing analytics software specifically designed for restaurants and retailers with physical locations, has raised a round of funding from Salesforce.com, the company said Monday. Size of the minori...

READ MORE...
Tuesday, September 2, 2014

ARCH Venture Partners Raises $400M In Investment Fund

ARCH Venture Partners, which maintains an office in Seattle, said last week that it closed on $400M in subscriptions for its eighth venture fund, ARCH Venture Fund VIII. The company said the fund was originally targeted at $250M. ARCH said ...

READ MORE...
Tuesday, August 26, 2014

PaperShare Acquired By Dynamic Signal

Kirkland, Washington-based PaperShare, a developer of content distribution and marketing software, has been acquired by San Bruno, California-based Dynamic Signal, according to the firms. Financial terms of the buy were not disclosed. Dynam...

READ MORE...
Tuesday, August 26, 2014

Bizible Finds $8M For Sales Analytics Software

Seattle-based Bizible, which develops Salesforce marketing analytics software, said this morning that it has raised $8M in a new venture capital funding round. The funding was led by Scale Venture Partners. According to the company, it wil...

READ MORE...
Thursday, August 21, 2014

Ignition Finds More Funds For Xamarin In $54M Round

Seattle-based venture investor Ignition Partners is backing portfolio company Xamarin in a third funding round, as part of a big, $54M funding. Xamarin said today that it has raised $54M in its Series C funding, for its cross development to...

READ MORE...
Thursday, August 21, 2014

MyYearLook Debuts Online Yearbook App With Angel Funding

Port Orchard, Washington-based MyYearLook said today that it has launched a new, online web application which helps people create photo albums with friends and families. The startup--led by Julie Doran--said its new web application helps it...

READ MORE...
Tuesday, August 19, 2014

PlayFab Gets $2.5M

Seattle-based PlayFab, a startup which handles back end operations for game studios, said today that it has raised $2.5M in a seed funding round. The funding came from angels, including Jason Kapalka (PopCap), Scott Banister (IronPort), Lar...

READ MORE...
Monday, August 18, 2014

Algorithmia Finds $2.4M

Seattle-based Algorithmia, which operates an online marketplace for software algorithms, said this morning that it has raised $2.4M in a seed funding round. The funding came from Madrona Venture Group, and also included Rakuten Ventures, De...

READ MORE...
Thursday, August 14, 2014

Vadio Raises $2M For Music Video Streaming

Portland-based Vadio, the developer of music video streaming technology headed by Bryce Clemmer, said Thursday that it has raised $2M in a seed funding round. The funding came from Ed Wilson, former President of NBC Enterprises; Robin Richa...

READ MORE...
Wednesday, August 13, 2014

Bezos Puts Bet On Mobile Security Developer Lookout

Amazon.com founder Jeff Bezos has just made a late stage bet on a developer of mobile security software. According to Lookout, a Bay Area mobile security software company, Bezos Expeditions has joined a number of new investors--including T....

READ MORE...
Wednesday, August 13, 2014

Payrange Raises $2.75M

Portland-based mobile payment firm Payrange said today that it has raised $2.75M in a funding round, with investors such as Nyca Partners, Google Ventures, Jared Leto, Hans Morris, Jonathan Weiner, Anil Aggarwal, Barbara Coroan, and Phil Na...

READ MORE...
Tuesday, August 12, 2014

Weckey Takes On Smart Lobby Reception

Liberty Lake-based Telect, which manufactures copper, fiber, power, and rack network infrastructure equipment, has spun out and funded its own iPad startup, Weckey, the company said today, to take on the "reception-less" lobby. According to...

READ MORE...
Tuesday, August 5, 2014

Juno Therapeutics Scores $134M More

Seattle-based biopharamceuticals developer Juno Therapeutics said this morning that it has raised $134M in a Series B funding. The funding came from ten public mutual funds and other healthcare-focused funds. Names of those exact investors ...

READ MORE...
Tuesday, July 29, 2014

Anomo Scores $800K In Convertible Debt Funding

Seattle-based Anomo, the latest startup from James Sun, recently raised $800,000 in a convertible debt funding, according to the company. The funding came from Maveron, Lee Zehrer (Kiss.com) and Amit Mital (Symantec). Anomo is developing a ...

READ MORE...
Tuesday, July 29, 2014

SkyKick Gets $3M More

Seattle-based SkyKick, a developer of tools to help companies migrate to Microsoft Office 365, said yesterday that it has raised $3M in an investment round. The funding said the funding will go towards international expansion, plus hiring. ...

READ MORE...
Monday, July 21, 2014

Cardiac Insight Finds $7M

Seattle-based Cardiac Insight, the University of Washington spinoff which is developing wearable sensors in the cardiology area, has raised $7M in a Series B funding. The funding came from Welch Allyn, WRF Capital, and other investors. Welc...

READ MORE...
Monday, July 21, 2014

Sensoria Gets Series A Funding

Redmond-based Sensoria, which develops socks, t-shirts, and bras which are embedded with wearable sensors, has raised a Series A funding round from Reply SpA, the company said last week. Sensoria said that Reply SpA will gain a twenty perce...

READ MORE...
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. ...

READ MORE...
Friday, July 18, 2014

DesignMedix Finds $1.5M

Portland-based DesignMedix, a developer of dual-action drugs which help combat drug resistance, has raised $1.5M in a funding round, according to the company. The funding came from the Portland Seed Fund, Bellingham Angels, Oregon Angel Fun...

READ MORE...
Thursday, July 17, 2014

Manzama Raises $1.3M For Business Intelligence Tools

Bend, Oregon-based Manzama, a developer of business intelligence and filtering tools, disclosed today that it has raised $1.3M in a new funding round. The funding was led by Gold Bench Capital, and also included Seven Peaks and Cascade Ange...

READ MORE...
Wednesday, July 16, 2014

Amazon Vet Gets $8.5M From Madrona To Take On Amazon

An Amazon.com veteran has just scored $8.5M in a funding round for his startup, Boomerang Commerce, to take on his old employer, Amazon.com -- with help from Madrona Venture Group, along with Trinity Ventures. The startup, led by Guru Harih...

READ MORE...
Tuesday, July 15, 2014

DocuSign Raises Strategic Funding From Visa

DocuSign, the developer of digital signature software and technology which has major operations in Seattle, said late Monday that it has raised a strategic investment from Visa. Size and details of the investment were not announced. DocuSig...

READ MORE...
Friday, July 11, 2014

Peachd Lands $2.7M For Lunch Delivery

Seattle-based Peachd disclosed this week that it has raised $2.7M in a funding round. The funding came from Maveron, Vulcan Capital, and Madrona Ventures. Peachd's service offers up local lunch delivery offers via text, with limited time de...

READ MORE...
Wednesday, July 9, 2014

MicroGreen Polymers Finds $17M More

Arlington, Washington-based Microgreen Polymers, which makes recycled plastic bottles into insulating coffee cups, disclosed Wednesday that it has raised $17M more in funding. According to a regulatory filing by the company, the funding wa...

READ MORE...
Tuesday, July 1, 2014

EnergySavvy Raises $8.25M

Seattle-based EnergySavvy, which develops cloud-based software to help utilities run and manage their energy efficiency programs, has closed out its latest funding round at $8.25M, the company said today. The company--led by Aaron Goldfeder...

READ MORE...
Thursday, June 26, 2014

Ignition Backed Couchbase Ups Funding To $115M

One of the portfolio companies for Seattle-based Ignition Partners, Couchbase, has just upped its total venture funding to a cool $115M. According to Couchbase, which is based in Silicon Valley, it raised $60M in a Series E funding, led by ...

READ MORE...
Thursday, June 26, 2014

Stratos Genomics Gets Strategic Investment From Roche

Seattle-based Stratos Genomics has received a strategic investment from Roche, the two announced today, to support the development of Stratos' DNA sequencing technology. Size of the investment was not announced. Stratos is led by Allan Step...

READ MORE...
Thursday, June 26, 2014

WISErg Finds $5M For Food Recycling

Remond-based WISErg, the developer of equipment to automatically recycle food scraps into organic fertilizer, said Wednesday that it has raised $5M in a Series B funding round. The startup, which is led by Larry LeSueur, helps recycle food ...

READ MORE...
Wednesday, June 25, 2014

MobileRQ Gets $2M

Portland-based MobileRQ, which develops contextual, mobile marketing software, said today that it has raised $1.3M in a funding round, bring its total raised in its latest round to a $2.0M. The funding came from Verizon Ventures, Coremix Ca...

READ MORE...
Wednesday, June 25, 2014

Vessel Gets Funding From Bezos, Others

Vessel, a new startup founded by former Hulu CEO Jason Kilar, has scored funding from Bezos Expeditions, as well as Benchmark Capital and Greylock Partners. The startup--which its investors say is made up of a team from Hulu, Amazon, and Ne...

READ MORE...
Thursday, June 19, 2014

Puppet Labs Gets $40M More

Portland-based Puppet Labs, which develops IT automation software, said this morning that it has raised $40M more in a new investment round. The funding came from Cisco, Google Ventures, Kleiner Perkins Caufield & Byers, Triangle Venture Ca...

READ MORE...
Wednesday, June 18, 2014

Microsoft, American Family Insurance Launch Home Automation Accelerator

Microsoft and American Family Insurance said yesterday that the two are launching a new, business accelerator in Seattle, focused on home automation. According to the two, the new Microsoft Ventures Accelerator will focus on startups lookin...

READ MORE...
Monday, June 16, 2014

Illumagear Gets $1.25M

Seattle-based Illumagear, a developer of hardhat worn safety lights for the construction industry, disclosed today that it has raised $1.25M in a startup financing round. The company said it is focused on improving safety in high-risk envir...

READ MORE...
Monday, June 16, 2014

HashPlex Gets $400K For Bitcoin Mining

Seattle-based HashPlex, a provider of hosting of Bitcoin mining software, said last week that it has raised $400,000 in a seed funding round. The funding came from Barry Silbert (Bitcoin Opportunity Corp.) and Jason Prado (Plannr). HashPlex...

READ MORE...
Friday, June 13, 2014

Glypse Gets $12M More For Real-time Location Sharing

Seattle-based Glypmse is announcing this morning that it has raised an additional, $12M in funding, to go towards the company's location sharing tools. According to Glympse, the Series C round came from UMC Capital, Verizon Ventures and add...

READ MORE...
Thursday, June 12, 2014

TFG Card Solutions Gets $1.8M For Payroll Cards

Portland-based TG Card Solutions, which allows employers to pay their employees using prepaid Visa cards, has raised $1.8M in a Series A funding round. The funding came from Mosaik Partners. TFG is aiming at helping employers of the unbanke...

READ MORE...
Wednesday, June 11, 2014

SourceClear Gets $1.5M For Security Software

Seattle-based SourceClear, a developer of software tools aimed at improving security, has raised $1.5M in a seed funding. The funding came from angels, including Justin Somaini (Box.com); Frank J. Marshall (Cisco Systems); Amos Michelson (K...

READ MORE...
Tuesday, June 10, 2014

HasOffers Invests In MobileAds

Seattle-based HasOffers said today that it has invested in MobileAds, a developer of mobile advertising creation tools. Financial terms of the investment were not disclosed. HasOffers said the investment is its first, strategic investment i...

READ MORE...
Tuesday, June 10, 2014

Dwellable Finds $2M for Mobile Vacation Rentals

Seattle-based Dwellable, which develops mobile apps to help consumers find and book vacation rentals, has raised $2M in a seed funding round. The company said the funding was led by Maveron and Version One Ventures, and also included Spence...

READ MORE...
Tuesday, June 10, 2014

Placed Gets $10M For Location Analytics

Seattle-bsaed Placed, a developer of mobile ad and location analytics software, said today that it has raised $10M in a Series B funding round. The round was led by Two Sigma Ventures, and also included prior investor Madrona Venture Group....

READ MORE...
Tuesday, June 10, 2014

TurnKey Vacation Rentals Gets $3M From Local Angels

TurnKey Vacation Rentals, a startup which manages the entire rental process for owners of vacation rental properties, has roped in a few Seattle angel investors in a round it announced this morning. The Texas company said that Rich Barton (...

READ MORE...
Monday, June 9, 2014

NVoicePay Gets $1.25M

Beaverton, Oregon-based NVoicePay has raised $1.25M in a funding, the company has disclosed. Details on the funding have not been announced. nVoicePay provides an online service for helping businesses to handle invoicing and other parts of ...

READ MORE...
Friday, May 30, 2014

Ignition Partners Backs Hipmunk In New Round

Seattle-based venture investor Ignition Partners has re-upped its investment in travel planning site Hipmunk, as part of a $20M, Series C financing. The new funding round was led by Oak Investment Partners, and also included Institutional V...

READ MORE...
Thursday, May 29, 2014

Ignition Partners Backs Trifacta

Seattle-based venture investor Ignition Partners is the lead investor in a San Francisco-based, data integration software tools provider, Trifacta. Trifacta said this morning that it has raised $25M in a Series C funding round, which was le...

READ MORE...
Thursday, May 29, 2014

ExtraHop Raises $41M

Seattle-based ExtraHop has raised a big, $41M funding round, a Series C for the developer of enterprise IT analysis products, the company said this morning. According to ExtraHop, the new round was led by Technology Crossover Ventures, and ...

READ MORE...
Wednesday, May 28, 2014

Farmstr Finds $1.3M For Food Marketplace

Seattle-based Farmstr disclosed Tuesday that it has raised $1.3M in a funding round from local angels. The startup, led by Janelle Maiocco, offers up a marketplace of local farm goods, like turkeys, beef, honey, vegetables, and more, direct...

READ MORE...
Wednesday, May 28, 2014

NuScale To Get Up To $217M In DOE Deal

Portland-based nuclear power technology devleoper NuScale Power announced today that it has inked a deal with the U.S. Department of Energy (DOE), where it will receive up to $217M in funding for development of its products. According to Nu...

READ MORE...
Wednesday, May 28, 2014

Jobaline Raises $7M For Hourly Jobs Marketplace

Kirkland-based Jobaline, which operates an online marketplace to help people find hourly jobs, said today that it has raised $7M in a Series B funding round. According to the startup, which is led by Luis J. Salazar, the funding was led by ...

READ MORE...
Friday, May 23, 2014

Microsoft Ventures Expands Efforts In India

Microsoft Ventures, the venture investment and accelerator arm of Microsoft, is in a big push in India, saying today that it has graduated seventeen startups from its Accelerator Program in India, and also launched a new initiative aimed at...

READ MORE...
Tuesday, May 20, 2014

Amazon Backs Food Delivery Service Yummy77

Seattle-based Amazon.com has backed a Chinese food delivery service, Yummy77, to the tune of $20M, as the company has increasingly been looking towards an expansion into grocery delivery. Yummy77 offers up food delivery in Shanghai. The inv...

READ MORE...
Tuesday, May 20, 2014

Context Relevant Gets $21M More

Seattle-based Context Relevant, which develops big data analytics software, has raised $21M more in a venture funding round, the company said this morning. Context Relevant said the Series B funding was led by Formatoin 8, and also included...

READ MORE...
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...

READ MORE...
Tuesday, May 13, 2014

Pro.com Takes On Home Project Pricing With $3.5M

Seattle continues to prove itself the center of the world of online real estate startups, with the launch of Pro.com, a new site which lets homeowners figure out the price of home services for the various projects on their home improvement ...

READ MORE...
Thursday, May 8, 2014

LiquidPlanner Raises $8M

Seattle-based LiquidPlanner, a developer of online project management software, said today that it has raised $8M in a Series B funding round, which came from growth equity investor TVC Capital. According to LiquidPLanner, the round of fund...

READ MORE...
Wednesday, May 7, 2014

Techstars Seattle Grad Smore Finds $1.7M

Smore, which develops online software to help businesses create professional looking, online promotional landing pages and websites, has raised $1.7M in a funding round from Founder's Co-op, the company said today. The company--which was pa...

READ MORE...
Wednesday, May 7, 2014

Igneous Systems Finds $23.6M

Seattle-based Igneous Systems, a stealth mode company founded by a trio of Isilon Systems vets, said today that it has raised $23.6M in a Series A funding round. The startup, led by Kiran Bhageshpur, said the funding was led by New Enterpri...

READ MORE...
Monday, May 5, 2014

Smartsheet Gets $35M

Bellevue-based Smartsheet, the developer of business collaboration tools, announced this morning that it has raised $35M more in funding. The funding was led by Sutter Hill Ventures, and also included Insight Venture Partners and Madrona Ve...

READ MORE...
Friday, May 2, 2014

FLIPT Takes On Property Investments

Bellevue-based real estate startup FLIPT has emerged out of stealth mode, and is taking on Zillow's property value algorithm, the Zillow Score--calling the fellow Seattle startup a "fixer-upper". FLIPT, which is led by Andrey Nokhrin, said ...

READ MORE...
Thursday, May 1, 2014

Vhoto Launches New Photo App, Raises $2.4M

Seattle- and Boston-based Vhoto, a new startup developing software which filters through a user's videos to find "amazing photos", launched today, saying it has raised $2.4M in seed funding. The company said the funding came from Atlas Vent...

READ MORE...
Thursday, May 1, 2014

EnergySavvy Gets $7M In New Funding

Seattle-based EnergySavvy, the developer of cloud-based, energy efficiency software, has raised $7M in a new funding round, the company disclosed today. The funding came from Prelude Ventures, Pivotal Investments, and others. EnergySavvy su...

READ MORE...
Wednesday, April 30, 2014

Concur Buys Cleartrip Stakes From Sherpalo, Kleiner Perkins

Seattle-based Concur has acquired a larger stake in Indian online travel site Cleartrip, according to reports today, and has bought out fellow investors Sherpalo Ventures and Kleiner Perkins Caufield & Byers. Financial terms of the deal wer...

READ MORE...
Tuesday, April 29, 2014

Indi Finds $47.25M For Molecular Diagnostics Efforts

Seattle-based Indi, a developer of molecular diagnostics technology, said today that it has raised a total of $47.25M in a combination of equity and debt. The funding included $30.25M in a Series B equity fnding, and $17M in debt financing....

READ MORE...
Thursday, April 24, 2014

PayScale Gets $100M From Warburg Pincus

Seattle-based PayScale, the online cloud service which lets both job seekers and companies track salary and compensation at employers, has raised $100M in a funding, round, the company said Thursday. The funding came from an affiliate of Wa...

READ MORE...
Thursday, April 24, 2014

Juno Therapeutics Raises $176M

Seattle-based Juno Therapeutics announced this morning that it has raised $176M in a series A funding round, for its cancer immunotherapy efforts. According to the company, the funding came primarily from ARCH Venture Partners and the Alask...

READ MORE...
Thursday, April 24, 2014

VirtualQube Lands $250K For Cloud Implementation

Woodinville, Washington-based VirtualQube, a provider of customized, cloud implementation services for businesses, said this morning that it has raised $250,000 in a debt-based, growth funding round. The funding came from Lighter Capital. T...

READ MORE...
Tuesday, April 22, 2014

Viewpoint Construction Software Gets Investment From Bain Capital

Portland-based Viewpoint Construction Software, a developer of software for the construction industry, said today that it has received a major growth equity investment from Bain Capital. Financial details of the investment were not disclose...

READ MORE...
Monday, April 21, 2014

Partovi Brothers Back AI Hardware Startup

Ali and Hadi Partovi--the tech moguls with close ties to Seattle, who have invested in such companies as Zappos and Airbnb--have put their dollars behind a new startup developing hardware aimed at accelerating artificial intelligence. Accor...

READ MORE...
Thursday, April 17, 2014

ReadyPulse Gets $2M In Series A

ReadyPulse, the developer of social content marketing software which spun out of Bellevue's Moxie Software two years ago, has raised $2M in a Series A funding round, the company said this week. The company--which now says it is headquartere...

READ MORE...
Wednesday, April 16, 2014

Cardiac Dimensions Lands $20M

Kirkland-based Cardiac Dimensions, which develops minimally invasive devices for treating heart failure, said today that it has raised $20M in a funding round. The funding was led by M. H. Carnegie & Co. and Lumira Capital, along with other...

READ MORE...
Tuesday, April 15, 2014

Avvo Gets $37.5M

Seattle-based Avvo, which operates an online legal marketplace, has raised $37.5M in a Series D funding, the company said this morning. The new funding was led by Coatue Management, and also included Benchmark Capital, DAG Ventures, and Ign...

READ MORE...
Tuesday, April 15, 2014

Act-On Software Scores $42M Funding Round

Beaverton, Oregon-based Act-On Software, which develops marketing automation software for small and mid sized businesses, is announcing this morning that it has raised $42M in a venture financing round. The funding comes from Technology Cro...

READ MORE...
Monday, April 14, 2014

Julep Beauty Gets $30M

Seattle-based Julep Beauty, an online beauty brand, said today that it has raised $30M in a Series C funding round. The funding came from Azure Capital, Madrona Venture Group and Altimeter Capital, along with Andreessen Horowitz and Maveron...

READ MORE...
Friday, April 11, 2014

Founder's Co-op Gets First Close On $25M Fund

Seattle-based Founder's Co-op, the investment fund of Andy Sack, Chris DeVore, and Rudy Gadre, is looking to raise up to $25M for a new fund, called Founder's Co-Op III, according to a regulatory filing from the investment firm. The filing ...

READ MORE...
Thursday, April 10, 2014

Munchery Aims At Seattle With $28M Funding

San Francisco-based dinner delivery service Munchery said this morning that it has raised $28M in a funding round, and is looking to use those funds to expand its service to Seattle and beyond. The startup--which runs its own kitchens to de...

READ MORE...
Tuesday, April 8, 2014

Adaptive Biotechnologies Scores $105M For Cancer Testing

Seattle-based Adaptive Biotechnologies has raised $105M in a Series D financing round, which all came from Viking Global Investors. The biotechnology company is working on sequencing technology being targeted at cancer immunotherapy. The co...

READ MORE...
Tuesday, April 8, 2014

Parallels Gets Strategic Investment From Ingram Micro

Renton, Washington-based software maker Parallels has gained a strategic investment from technology reseller Ingram Micro, the two said this morning, as part of a deal where Parallels' cloud services software will be used for a new "Cloud M...

READ MORE...
Monday, April 7, 2014

Scytl Finds $40M From Vulcan Capital

Barcelona, Spain-based Scytl, a developer of online voting technology, said today that it has received $40M in a funding round, all from Vulcan Capital. Scytl said the funding came from Vulcan's new, Silicon Valley-based growth equity fund....

READ MORE...
Thursday, April 3, 2014

Tango Card Raises $3.3M

Seattle-based Tango Card, which develops an online platform for providing employees with rewards in the form of digital gift cards, has raised $3.3M more, part of an ongoing, $3.5M funding round. The funding was disclosed in a regulatory fi...

READ MORE...
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...

READ MORE...
Wednesday, March 26, 2014

Indix Gets $8.5M More For Product Database

Seattle-based Indix, a developer of a cloud-based, database of product information, said today that it has raised $8.5M as part of an ongoing, $9M Series A-1 financing round. The round was led by Avalon Ventures and Nexus venture Partners. ...

READ MORE...
Wednesday, March 26, 2014

FlexMinder Finds $1.2M

Seattle-based FlexMinder, which develops cloud software for automating healthcare reimbursement, has raised $1.2M in a funding round, the company said Tuesday. The funding came from Rudy Gadre, Founders Co-op, AOA, WRF Capital and Walt Wins...

READ MORE...
Tuesday, March 25, 2014

KinDex Pharmaceuticals Raises $5M

Seattle-based biopharmaceuticals developer KinDex Pharmaceuticals has raised $5M in a Series A funding. The funding was led by Polaris Partners. KinDex is specifically targeting Type 2 diabetes, using molecules which modulate regulatory net...

READ MORE...
Tuesday, March 18, 2014

Simply Measured Raises $20M More In Series C

Seattle-based Simply Measured, the developer of social analytics software, said this morning that it has raised $20M more in funding. The Series C funding round was led by Trinity Ventures, and also included Bessemer Venture Partners, Four ...

READ MORE...
Tuesday, March 18, 2014

Techstars Seattle Opens New Class

Seattle-based startup accelerator program Techstars Seattle, which is headed by Andy Sack, said this morning that it has opened up applications for its next class. The program--which has run in Seattle for the past four years--offers up to ...

READ MORE...
Wednesday, March 12, 2014

Tipbit Lands $4M For Mobile Email

Bellevue-based Tipbit said today that it has raised $4M in its Series A funding, to go towards its mobile email applications. The funding round was led by Ignition partners. Tipbit is led by Gord Mangione, a former Microsoft executive who p...

READ MORE...
Wednesday, March 12, 2014

Rover.com Finds $12M More

Seattle-based online dog sitting marketplace Rover.com announce dthis morning that it has raised $12M in a Series C funding round. The funding was led by Menlo Ventures, and also included prior investors Madrona Venture Group, FOundry Group...

READ MORE...
Tuesday, March 11, 2014

ComputeNext Finds $4M For Cloud Services Marketplace

Bellevue-based ComputeNext, which operates an online marketplace to help companies find cloud services, has raised $4M in a funding round. Source of the investment was not announced. ComputeNext is led by Sundar Kannan, who previously was a...

READ MORE...
Friday, March 7, 2014

Maveron Re-Ups On Web, Technical Classes Provider General Assembly

Seattle-based venture investment firm Maveron is one of the returning investors in New York-bsaed General Assembly, which conducts classes on web development, Photoshop, Javascript, digital marketing, and other technical topics. General Ass...

READ MORE...
Wednesday, March 5, 2014

Ravenna Solutions Finds $850,000

Seattle-based Ravenna Solutions, a developer of software to manage admissions paperwork from private schools, has raised $850,000, the company disclosed today. The funding came from the Alliance of Angels. Ravenna Solutions develops softwar...

READ MORE...
Tuesday, March 4, 2014

Madrona Funds Toy Robot Maker Play-I

Want to give your kids a head start in learning some software programming skills? Seattle-based venture capital fund Madrona has just backed a maker of robotic toys, which is aiming at teaching software techniques to kids as young as five ...

READ MORE...
Tuesday, March 4, 2014

Clinicient Gets $15M

Portland-based Clinicient, a provider of outsourced billing and revenue cycle management for the outpatient, physical therapy and rehabilitation business, has raised $15M in a Series C funding, the company said today. The funding came from ...

READ MORE...
Tuesday, March 4, 2014

DocuSign Raises $85M

DocuSign, the provider of cloud-based, electronic signature software which was founded and has major operations in Seattle, has raised $85M in a new funding round. Source of the new funding was not announced. DocuSign said it would use the ...

READ MORE...
Wednesday, February 19, 2014

Little Bird Lands $1.7M For Social Media Search

Portland-based Little Bird, which is led by Marshall Kirkpatrick, said Tuesday that it has raised $1.7M in a Seed financing round, for its efforts in helping find social influencers and track emerging news. The company said the funding will...

READ MORE...
Friday, February 14, 2014

DocuSign Raising $100M, Looks To Enter $1 Billion Valuation Club, Says Report

Seattle-based DocuSign is in the process of raising a huge, $100M funding round, according to a report Thursday, which would add the company to the ranks of the billion dollar valuation club. The WSJ report--citing people "familiar with the...

READ MORE...
Thursday, February 13, 2014

Avalara Pulls Up $30M For Tax Software

Bainbridge Island-based Avalara, the developer of software which helps merchants keep track of the huge myriad of tax rules and rates around the country for sales taxes, has raised a big, $30M funding round, the company said Wednesday. Aval...

READ MORE...
Tuesday, February 11, 2014

Askem Gets Funding From Microsoft Ventures

Askem, a startup developing social apps to let users ask their friends and others for personal advice, has scored some funding from Microsoft, via Microsoft Ventures. Size of the funding round was not announced. According to Microsoft Ventu...

READ MORE...
Thursday, February 6, 2014

Maveron Re-Ups On PayNearMe

Seattle-based venture investor Maveron has re-upped its investment in mobile payment provider PayNearMe, joining in a new, $20M funding for the startup. PayNearMe provides a service to let customers pay in cash at 7-Eleven, ACE Cash Expre...

READ MORE...
Wednesday, February 5, 2014

Skytap Finds $6.65M More In Series C

Seattle-based software developer Skytap, which develops cloud-based, test automation software, said Tuesday that it has raised $6.45M more in an extension of its Series C funding. The company said the new funding came from existing investor...

READ MORE...
Tuesday, February 4, 2014

Microsoft Invests $15M In Foursquare

Redmond-based Microsoft is investing $15M in location-based check-in app developer Foursquare, as part of a deal to gain access to Foursquare's big database of business and other locations. Foursquare said the investment came as part of a l...

READ MORE...
Tuesday, February 4, 2014

Watchup Raises $1M from Microsoft Ventures, Others

Watchup, a developer of a video news aggregation app for the iPad, said this morning that it has raised $1M in a funding round, including funding from Microsoft Ventures. The Silicon Valley startup, which is based in Menlo Park, California,...

READ MORE...
Thursday, January 30, 2014

Broadmark Capital Backs NewsCrafted For Custom School Newsletters

Seattle-based investor Broadmark Capital has backed a company which provides professionally designed, color newsletters to elementary and middle schools. According to Broadmark, NewsCrafted--based in Los Angeles--has raised $1.1M as part of...

READ MORE...
Friday, January 24, 2014

Northwest Energy Angels Becomes Element 8

Seattle-based angel investment group Northwest Energy Angels said Thursday that it has relaunched itself as Element 8. The group said the name better reflects "who we are and where we're going". The group said, in particular, that it sees l...

READ MORE...
Friday, January 24, 2014

Oscilla Power Lands $1.7M For Wave Energy

Seattle-based Oscilla Power, a developer of technology being aimed at wave energy gathering, disclosed this week that it has raised $1.7M in a funding round. Source of the funding was not announced. Oscilla Power was co-founded by Rahul She...

READ MORE...
Thursday, January 23, 2014

VisibleBrands Uncovers $2.3M New Funding

Kirkland-based VisibleBrands announced this morning that it has raised approximately $2.3M, in a Series B funding round, to go towards regional expansion of its platform. The company--which provides in-store, digital coupon technology and k...

READ MORE...
Wednesday, January 22, 2014

Lively Finds $2M For Live Concert Recordings

Seattle-based Lively, a startup which lets consumers download records of live music directly from musicians, has raised $2M in a funding around, according to a regulatory filing by the company today. Investors included Second Avenue Partner...

READ MORE...
Tuesday, January 21, 2014

ShopIgniter Finds $1.5M More

Portland-based ShopIgniter, the social marketing software developer headed by Matt Compton, has raised $1.5M in a new funding round. The funding came from Madrona Venture Group and Trinity Ventures, both of which are existing investors in t...

READ MORE...
Friday, January 17, 2014

Ignition Re-Ups On WePay

Seattle-based venture investor Ignition Partners has re-upped its investment in Silicon Valley payments API provider WePay, as part of a new round for that company. According to WePay, it raised $15M in a Series C funding, which was led by ...

READ MORE...
Thursday, January 16, 2014

Evocalize Raises $3M

Seattle-based Evocalize, a developer of an online platform to help brands gather information from their customers via surveys and other tools, said it has raised $3M in a Series A funding round today. The funding came from Madrona Venture G...

READ MORE...
Tuesday, January 14, 2014

Porch.com In Strategic Partnership, Investment Deal With Lowe's

Seattle-based Porch.com, the online site focused on home improvement information, has inked a big strategic deal today with Lowe's, according to the companies this morning. The deal also includes an investment from Lowe's. Size of that inve...

READ MORE...
Monday, January 13, 2014

OpenSesame Raises $8M For Online Training

Portland-based OpenSesame, which offers up online, professional training aimed at businesses, has raised $8M in a new funding round. The investment was led by Partech Ventures. As part of the funding, Partech's Nicholas El Baze join's OpenS...

READ MORE...
Thursday, January 9, 2014

PlaceFull Raises $1.1M

Seattle-based PlaceFull, which develops an online scheduling and booking service for kid's birthday parties, classes, weddings, and other events, has raised $1.1M in an angel funding round, the company disclosed this week. The funding inclu...

READ MORE...
Tuesday, January 7, 2014

Vidible Finds $3.35M

Vidible, a provider of a programmatic video advertising marketplace, has raised $3.35M in a funding round, the company confirmed this week. The company--which has operations in Seattle--said the funding was led by Greycroft Partners, and ID...

READ MORE...
Monday, January 6, 2014

Remitly Gets $5.5M More For Mobile Money Transfers

Seattle-based Remitly has raised $5.5M more in a new, Series A funding round, the company disclosed today. The new funding is led by QED Investors, and also includes prior backers Trilogy Partnership, Founders CoOp, Bezos Expeditions, and ...

READ MORE...
Monday, January 6, 2014

OnTheGo Platforms Raises $700K For Google Glass Software

Portland-based OnTheGo Platforms, which is in the midst of developing gesture recognition software for Google Glass, has raised $700,000 in an angel investment funding, according to the company. The fund came from Foundry Group via FG Angel...

READ MORE...
Friday, December 20, 2013

ResolutionTube Finds $1.5M In Seed Funding

Seattle-based ResolutionTube said Thursday that it has raised $1.5M in a seed funding round, for a new, video-based customer service software platform. The company said the funding was led by Madrona Venture Group, and also included David C...

READ MORE...
Thursday, December 19, 2013

Cyanogen Snags $23M For Android Software

Seattle-based Cyanogen...

READ MORE...
Tuesday, December 17, 2013

DreamBox Learning Lands $14.5M

Seattle-based online math education software developer DreamBox Learning said this morning that it has raised $14.5M more in a Series A1 funding. The funding was led by Reed Hastings, the CEO of NetFlix, via his Chartered School Growth Fund...

READ MORE...
Monday, December 16, 2013

Qazzow Lands $2.4M

Seattle-based Qazzow, the software startup which is developing question-and-answer software for e-commerce sites and web application providers, said today that it has raised $2.4M in a Series A financing round. The funding comes only a mont...

READ MORE...
Thursday, December 12, 2013

Koru Gets $4.35M

Seattle-based Koru, which operates an online site to help recent college graduates, disclosed that it has raised $4.35M in a funding round. The company was formerly known as Kairos. The funding--which was disclosed in a regulatory filing in...

READ MORE...
Thursday, December 12, 2013

Maveron Gets Quick Exit At Lemon

Seattle-based venture investor Maveron has scored an exit at one of its portfolio firms, Lemon, as the mobile wallet developer was acquired today by Lifelock. Maveron was the lead investor in Lemon's Series A round in June of 2012. LifeLock...

READ MORE...
Thursday, December 12, 2013

Vulcan Capital Backs TrueCar

Paul Allen's invest firm, Vulcan Capital, has backed online car buying site TrueCar, the startup said today, saying it has raised $30M from Vulcan as part of the firm's new growth equity fund. TrueCar--which is based in Southern California-...

READ MORE...
Tuesday, December 10, 2013

Shippable Finds $2.05M For Continuous Software Integration Tools

Seattle-based Shippable said today that it has raised $2.05M in a seed funding round. The Techstars Seattle company said the funding came from Founders Co-Op, Divergent Ventures, Vulcan Capital, Madrona Venture Group, and angels. Shippable'...

READ MORE...
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...

READ MORE...
Monday, December 9, 2013

Opscode Raises $32M, Renames Itself Chef

Seattle-based Opscode, the developer of enterprise, IT automation tools, has renamed itself Chef, and raised $32M more in funding, the company said this morning. According to Chef, the Series D funding round was led by Scale Venture Partner...

READ MORE...
Wednesday, December 4, 2013

Juno Lands Massive $120M Round For Cancer Research

Seattle-based Juno Therapeutics has raised an astounding, $120M in a Series A funding round today, to go towards the launch of a new company to develop immunotherapies for cancer. The startup--spun out of the Fred Hutchinson Cancer Research...

READ MORE...
Tuesday, November 26, 2013

Wire Labs Lands $1.8M

Seattle-based Wire Labs, a developer of mobile messaging apps, said today that it has raised $1.8M for the company. The funding came from Vulcan Capital, Spencer Rascoff (Zillow), Erik Blachford (Expedia), Owen Van Natta (Facebook), Rudy Ga...

READ MORE...
Wednesday, November 20, 2013

Everpath Raises $950,000

Seattle-based Everpath, which is developing a service and software to help instructors deliver their own, online lessons, has raised $950,000 in seed funding, the company disclosed Tuesday. The company said the funding came from Geoff Entre...

READ MORE...
Monday, November 18, 2013

Microsoft Backs Zula

Microsoft said today that it has made an investment in Zula, a developer of mobile, team communications and collaboration tools. Financial details of the investment were not announced. Zula's software provided threaded conversation and othe...

READ MORE...
Thursday, November 14, 2013

creativeLive Gets $21.5M For Video Education Efforts

creativeLIVE, the online video education site focused on everything from photography to software, said today that it has raised $21.5M in a Series B funding. The company--which is split between San Francisco and Seattle--said the funding wa...

READ MORE...
Thursday, November 14, 2013

Redfin Raises $50M

Seattle-based online real estate brokerage Redfin has raised $50M in a new financing round, which came from Tiger Global Management, T. Rowe Price, Greylock Partners, Draper Fisher Jurvetson, Vulcan Capital, Globespan Capital Partners and T...

READ MORE...
Wednesday, November 13, 2013

Yapta Finds $2M More

Seattle-based Yapta, the provider of airplane fare tracking technology, said today that it has raised $2M as part of its Series D funding round. According to Yapta, the new funding was led by Amadeus, a provider of technology for the trave...

READ MORE...
Tuesday, November 12, 2013

Househappy.org Gets $1.5M

Portland-based Househappy, which operates a photo-focused, online real estate site that helps people browse through properties in a visual way, has raised $1.5M in a funding round, the company said this morning. The funding was led by led ...

READ MORE...
Wednesday, November 6, 2013

Microsoft Ventures Banks Ranku For Online Degree Discovery

Microsoft Ventures said this week that it is backing the developer of an online, search and discovery site focused on online college degrees and education, Ranku. Financial terms of the investment were not announced. Ranku, which is based i...

READ MORE...
Wednesday, November 6, 2013

IID Gets $8M For Cyberintelligence Service

Tacoma-based IID, a developer of a cyber-security service that helps enterprises and government agencies to share cyber-incident data in real time, has raised $8M in a Series A funding. The funding came from Bessemer Venture Partners. The s...

READ MORE...
Tuesday, November 5, 2013

Ignition Backs Coho Data

Bellevue-based Ignition Partners has made another investment--albeit, outside of the region--in software-defined, flash storage appliance developer Coho Data. Ignition lead a $25M, series B funding for COho Data, whose appliances and softwa...

READ MORE...
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...

READ MORE...
Tuesday, November 5, 2013

2nd Watch Finds $23M For Amazon Web Services Management

Seattle-based 2nd Watch announced this morning that it has raised $23M in a growth financing round, to go towards its service for building, deploying, and managing Amazon Web Services-based enterprise operations. The company said the fundin...

READ MORE...
Tuesday, November 5, 2013

Seeq Raises $6M For Industrial Data Analysis Software

Seattle-based Seeq Corporation said today that it has raised $6M in a funding to help take industrial process data and turn it into useful information. According to the company, the Series A funding was led by Second Avenue Partners, and al...

READ MORE...
Thursday, October 31, 2013

CENTRI Gets $13M For Bandwidth Management Technology

Seattle-based CENTRI Technology announced today that it has raised $13M, in a Series C funding round. The company--which develops mobile bandwidth optimization and management products for mobile network operators--said the funding came from...

READ MORE...
Wednesday, October 30, 2013

Immune Design Raises $49M

Seattle-based Immune Design announced this morning that it is raising up to $49M in a Series C funding round, split between an immediate investment of $32.5M upfront and an additional $16.5M in the near future, depending on program progress...

READ MORE...
Monday, October 28, 2013

Tableau Software Backs Paxata

Seattle-based Tableau Software has backed a developer of data analysis and parsing tools, as part of a strategic partnership. Silicon Valley-based Paxata said today that it has raised $8M in a Series B funding, led by Accel Partners, and wh...

READ MORE...
Wednesday, October 23, 2013

Ignition Partners Re-Ups On Bromium

Bellevue-based venture capital investor Ignition Partners has re-upped in malware protection developer Bromium. Bromium--which is based in Silicon Valley--said it raised $40M in its Series C funding, which was led by Meritech Capital Partne...

READ MORE...
Tuesday, October 22, 2013

WhitePages Buys Out Investors

Seattle-based WhitePages revealed yesterday that it has bought out its existing, venture investors, paying $80M to buy its shares back from investors Technology Crossover Ventures and Providence Equity. The company said it used cash from pr...

READ MORE...
Monday, October 21, 2013

EDUonGo Gets $530K For Online Education

Bellevue-based EDUonGo, which develops an online service to help educators create online courses, handle grading assignments, and more, disclosed that it has raised $530,000 in an angel funding round. The funding came from Circulus Eduation...

READ MORE...
Monday, October 21, 2013

Kona Medical Raises $10M For Kidney Treatment Device

Bellevue-based Kona Medical, the developer of ultrasound devices for treating kidney issues, said today that it has raised $10M in a Series D investment. The funding was led by Morningside Group, an investor focused on China, which is the r...

READ MORE...
Friday, October 18, 2013

Pacific Northwest Slips To $136.68M In Investments In Q3

Venture capital totals for Washington and Oregon totaled around $136.68M, according to the latest MoneyTree Venture Capital Report numbers released by PricewaterhouseCoopers, the National Venture Capital Association, and Thomson Reuters l...

READ MORE...
Thursday, October 17, 2013

Cascade Angels Forms To Boost Investments In Oregon

Cascade Angels, a new angel investment group based in Bend, Oregon, disclosed this week that it has launched to help fund companies in Oregon's entrepreneurial ecosystem. The angel group said it will invest in companies from anywhere in Ore...

READ MORE...
Thursday, October 17, 2013

Usermind Gets $7.6M For Business Operations Software

Seattle-based Usermind, a stealthy developer of enterprise software, disclosed today that it has raised $7.6M in a funding round. The round was led by Andreessen Horowitz, and also included Charles River Ventures and SV Angel. The company's...

READ MORE...
Wednesday, October 16, 2013

Cozy Gets $5M In Series A

Cozy, a startup developing online services to streamline rent payments, has raised $5M in a series A funding, and is expanding in Portland. According to the company, the Series A funding came from General Catalyst Partners, and also include...

READ MORE...
Tuesday, October 15, 2013

Microsoft Backs SkyGiraffe

Microsoft is backing SkyGiraffe, the Israeli developer of mobile software for the enterprise, SkyGiraffe announced today. According to SkyGiraffe, it received a strategic investment from Microsoft Ventures, to help extend enterprise systems...

READ MORE...
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. ...

READ MORE...
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...

READ MORE...
Friday, October 4, 2013

Maveron Gets Big Exit With PotBelly IPO

Seattle-based venture investor Maveron has had a big exit today, with the IPO of Illinois-based Potbelly Sandwich Works. PotBelly began trading this morning on the NASDAQ Global Market, as PBPB. Maveron had first invested in PotBelly back i...

READ MORE...
Monday, September 30, 2013

Ignition Partners' Ludwig Steps Away

John Ludwig, former Founding Partner of Ignition Partners, announced Monday that he has left the firm, to begin the "next phase of my professional life". Ludwig had been at Ignition Partners for more than 13 years. Ludwig said that the move...

READ MORE...
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...

READ MORE...
Monday, September 30, 2013

Bill Gates Invests In Electric Grid Company Varentec

Bill Gates has made an investment in Varentecm, a developer of electric grid monitoring and control hardware, as part of an $8M, Series B funding. According to Varentec, that funding included both Bill Gates and Khosla Ventures, and will go...

READ MORE...
Friday, September 27, 2013

Rascoff Backs Liftopia

Local travel angel Spencer Rascoff (Zillow) is heading to the ski slopes with his latest investment, online ski and snowboarding ticketing site Liftopia. Rascoff was among a large number of angels and other investors who contributed to a $5...

READ MORE...
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...

READ MORE...
Monday, September 23, 2013

Indi Molecular Gets $1.5M For Synthetic Antibodies

Seattle-based Indi Molecular, a developer of synthetic replacements for antibodies, has raised $1.5M in a seed funding round. The round was led by Interwest Partners, along with angels. The company--which has licensed technology from the Sc...

READ MORE...
Thursday, September 19, 2013

Ignition Backs Mobile API Developer StrongLoop

Bellevue-based Ignition Partners has bolstered another developer of mobile software, StrongLoop. The funding round was worth $8M. StrongLoop is based in San Mateo, California. As part of the Series A round, Ignition Partner's Nick Sturiale ...

READ MORE...
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...

READ MORE...
Wednesday, September 18, 2013

Concur Invests In Visage Mobile

Seattle-based Concur has made another investment out of its Perfect Trip Fund, saying this morning that it has made an investment in Visage Mobile, a developer of software-as-a-service, enterprise travel management tools. Size of the invest...

READ MORE...
Tuesday, September 17, 2013

AppThwack Gets Funding From In-Q-Tel

Portland-based app testing technology developer AppThwack has just announced funding from In-Q-Tel, the investment arm of the U.S. intelligence community and the CIA, the company said this morning. AppThwack did not disclose the exact terms...

READ MORE...
Wednesday, September 11, 2013

MobileRQ Lands $800K In Funding From Verizon

Portland-based MobileRQ, the developer of software for the travel and hospitality industry, has raised $800,000 in a funding round from Verizon Investments, the venture investment arm of Verizon, the company said this week. MobileRQ said th...

READ MORE...
Wednesday, September 11, 2013

Versium Gets $2.5M For Predictive Analytics Software

Redmond-based Versium has raised $2.5M in a funding round, for its predictive analytics technology, the firm said Tuesday. The new funding came from TiE Angels SEattle, along with other investors. Versium, which is led by Chris Matty, devel...

READ MORE...
Monday, September 9, 2013

Brandlive Gets $1.6M

Portland-based brandlive, which develops a platform for promoting online product demonstration events, has raised $1.6M in a funding round, the company said Monday. The funding was led by the Oregon Angel Fund. BrandLive also reported at ac...

READ MORE...
Wednesday, September 4, 2013

Local Travel Angels Pile Into Vacatia

A pile of local, travel industry angels--plus local venture investor Maveron-- are backing a new, Silicon Valley travel marketplace. Vacation Listing Service announced this morning has raised $5M in a seed funding round, to help launch its ...

READ MORE...
Tuesday, September 3, 2013

Socrata Gets Investment From In-Q-Tel

Seattle-based Socrata, a developer of software to help citizens access information from government, and help make government data easier to access, said today that it has scored an investment from In-Q-Tel, the investment arm of the CIA and...

READ MORE...
Friday, August 30, 2013

Intellectual Ventures Spins Out Evolv

Bellevue-based intellectual property licensing firm Intellectual Ventures has spun out a third company, saying yesterday that it has launched Evolv, a new startup focused on security imaging. Evolv is based in Boston. According to Intellect...

READ MORE...
Wednesday, August 28, 2013

Tagboard Gets $2M For Hashtag Search, Management Software

If you're at all connected into social media, you're very familiar with hashtags--those keywords, indicated by #hashtag--used by users to indicate different topics. A new, Seattle startup, Tagboard, is looking to make it easier to track and...

READ MORE...
Wednesday, August 28, 2013

Sinofsky's First Investment: Local Motion

Former Microsoft executive Steven Sinofsky has just made his first investment as a venture capitalist, in Silicon Valley vehicle fleet management startup Local Motion. Local Motion has raised $6M in a funding from Andreessen Horowitz. Sinof...

READ MORE...
Monday, August 26, 2013

Optimum Energy Expands Financing Round

Seattle-based Optimum Energy announced this morning that it has raised additional financing in its recent funding round. Size of the new funding was not announced. The new funding came from Edison Energy, which is a subsidiary of Edison Int...

READ MORE...
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...

READ MORE...
Thursday, August 22, 2013

Tissue Regeneration Systems Raises $4.6M

Kirkland-based medical device firm Tissue Regeneration Systems has raised $4.6M in a funding round, the firm disclosed this week. The company said the funding came from Venture Investors. The company makes skeleton reconstruction implants u...

READ MORE...
Thursday, August 15, 2013

Lively Gets $500,000 For Music App

Seattle-based Lively, a developer of mobile music applications, has raised $500,000 in a seed funding. The company said the funding came from Second Avenue Partners, as well as angels. Lively develops a mobile app to help users capture and ...

READ MORE...
Wednesday, August 14, 2013

Local Travel Angels Back New Travel Startup

A number of local, Seattle area travel angels have backed a new startup focused on the vacation rental marketplace. TurnKey Vacation Rentals said Wednesday that it has raised $1.5M in funding, for the company's software to help manage vacat...

READ MORE...
Monday, August 12, 2013

Lytics Lands $2.2M

Portland-based Lytics, a developer of personalized, customer targeting software, has raised $2.2M in a seed funding round. The round came from Rembrandt Venture Partners, and also included Voyager Capital. Lytics said it is developing tools...

READ MORE...
Thursday, August 1, 2013

HootSuite Lands $165M, Largest Canadian Software Funding, Ever

It's been fairly quiet over the border in Vancouver, Canada, for funding lately. At least, until today. Vancouver-based HootSuite, which develops social media management tools, said this afternoon that it has raised $165M US in what it says...

READ MORE...
Wednesday, July 31, 2013

Exo Labs Raises Funding To $2.0M

Seattle-based Exo Labs, the developer of a microscope which can connect directly to your iPad has now raised $2.0M in its latest funding round, according to a regulatory filing by the firm. The funding was a Series A. Exo Labs directly send...

READ MORE...
Wednesday, July 31, 2013

Chirpify Raises $6M

Portland-based social e-commerce service Chirpify announced this morning that it has now raised $6M in its Series funding round, which it will use to expand its social commerce platform. The company said it raised an additional, $4M in the ...

READ MORE...
Tuesday, July 30, 2013

Rover Gets $3.5M, Partnership With Petco

Seattle-based online dog sitting marketplace Rover.com has raised $3.5M, in a funding round led by pet retailer Petco. According to Rover.com, the partnership with Petco will extend its services to Petco's pet community, with Petco promotin...

READ MORE...
Thursday, July 25, 2013

Concur Invests In Two More Companies

Bellevue-based Concur has made investments in two companies, the software company said today, out of the company's $150M Concur Perfect Trip Fund. According to Concur, the company invested in StayNTouch, a developer of cloud-based software ...

READ MORE...
Thursday, July 25, 2013

Trover Lands $2.5M From Concur For Travel Photo Sharing

Seattle-based Trover, which operates a social travel photography sharing service, has raised $2.5M in a new funding round this morning from Concur. According to Trover, the funding came via Concur's Perfect Trip Fund, and also included prio...

READ MORE...
Wednesday, July 24, 2013

NW Social Venture Fund Aims At Social Impact, Entrepreneurship

How can you use the principles of startup acceleration and entrepreneurship to help make the world better? Portland-based startup accelerator and investment fund NW Social Venture Fund's mission is just that: to help support philanthropic e...

READ MORE...
Tuesday, July 23, 2013

Yapta Raises $4.2M More For Airfare Tracking

Seattle-based Yapta, which operates an online airfare price tracking service, has raised $4.2M in a Series D funding round, the firm disclosed today. The funding came from Concur's Perfect Trip Fund. Yapta recently launched a new product, F...

READ MORE...
Tuesday, July 23, 2013

TiE Angels Group Seattle Aims At Early Stage Funding In Northwest

A brand new, Seattle angel investment group, TiE Angels Group Seattle, has formed focused on early stage funding for startup in the Pacific Northwest, the group said this morning. The new group was formed by TiE Seattle, the group which foc...

READ MORE...
Tuesday, July 23, 2013

Minettta Brook Gets Funding From New Seattle Angel Group

Kirkland-based Minetta Brook, a company developing big data software, has raised $1.25M in a round of funding, led by a new Seattle angel investment group, the TiE Angels Group Seattle. Minetta Brook also received an investment from Naya Ve...

READ MORE...
Friday, July 19, 2013

Pacific Northwest Sees $222.8M In Q2 Investments

Washington and Oregon saw a total of $222.8M in investments in Q2, according to the MoneyTree Report from PricewaterhouseCoopers and the National Venture Capital Association, which was released this evening. Those totals were above Q1, wh...

READ MORE...
Thursday, July 18, 2013

Vamo Raises $1.6M For Trip Planning Service

Seattle-based Vamo, a stealthy trip planning and travel startup headed by former Facebook Seattle executive Ari Steinberg, has raised $1.6M in a funding round. Investors in the round included U2's Bono, SV Angel, Adam D'Angelo (Quora), Spen...

READ MORE...
Wednesday, July 17, 2013

Meldium Seeded With $1M For Enterprise Cloud Sign-In Software

Seattle-based Meldium has raised $1M in a seed funding round, to go towards its software--used to automatically log users into web-based apps without using a username or password. According to Meldium, the funding came from Draper Associate...

READ MORE...
Wednesday, July 17, 2013

Ignition Re-ups On Xamarin For App Cross Development Software

Bellevue-based Ignition Partners is continuing its trend of investing in software developers--mostly outside of Seattle--with its latest funding, of Xamarin. Xamarin, which is based in San Francisco, said it has raised $16M in a Series B ro...

READ MORE...
Tuesday, July 16, 2013

Context Relevant Gains $7M For Predictive Analytics Automation

Seattle-based Context Relevant has announced $7M in a Series A funding round, to help spread its predictive analytics software across the market. The startup, headed by Stephen Purpura, said that the funding round came from Madrona Venture ...

READ MORE...
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-...

READ MORE...
Friday, July 12, 2013

PetHub Finds $1.7M For Pet Tracking Software

Seattle-based PetHub, which makes software and tags for tracking lost pets, has raised $1.7M in a funding round, the company revealed this week. Source of the funding was not disclosed. PetHub's software works with Near Field Communications...

READ MORE...
Monday, July 1, 2013

Seven Peaks Ventures Fund Raising $15M For Oregon VC

Seven Peaks Ventures, a new, venture capital investment firm headquartered in Bend, Oregon, is in the process of raising $15M for investments, according to a regulatory filing. According to the filing, Seven Peaks has so far raised $3.13M o...

READ MORE...
Wednesday, June 26, 2013

Socrata Lands $18M For Cloud Software For Government

Seattle-based Socrata, a developer of software-as-a-service for government, said today that it has raised $18M in a Series B funding round. The round was led by OpenView Venture Partners, and also included Morgenthaler Ventures and Frazier ...

READ MORE...
Tuesday, June 25, 2013

Microsoft Ventures Wraps Together Microsoft's Startup Efforts

Microsoft said Tuesday that it has created a new entity called Microsoft Ventures, which ties together its BizSpark outreach program, its Bing Fund, and its accelerator in Seattle, all under one umbrella. according to Microsoft, the move is...

READ MORE...
Tuesday, June 25, 2013

Ignition Backs Keas For Corporate Wellness Service

Bellevue-based venture investor Ignition Partners has put more money behind a provider of a cloud-based, gamified, corporate wellness service this morning. Keas, which is based in San Francisco, said it has raised $8M in a new funding from ...

READ MORE...
Tuesday, June 18, 2013

Mirabilis Medica Gets $7M In Series A-1

Bothell-based Mirabilis Medica, a developer of ultrasound technology aimed at treating uterine fibroids, said Monday that i thas raised $7M in a Series A-1 funding, part of an ongoing $13M funding round. The funding was led by GSR Ventures,...

READ MORE...
Tuesday, June 18, 2013

SpaceCurve Gets $10M

Seattle-based SpaceCurve announced this morning that it has raised $10M in a funding round. The Series B round was led by Triage Ventures, and also included Reed Elsevier Ventures and Divergent Ventures. According to SpaceCurve, the funds w...

READ MORE...
Monday, June 17, 2013

Nimia Gets $500K For Professional Digital Video Marketplace

Seattle-based Nimia said this morning that it has raised $500,000 in a seed funding round, for its online video marketplace. The startup said it provides premium cinematography which it licenses to brands and producers, such as ESPN, Red Bu...

READ MORE...
Monday, June 17, 2013

Optimum Energy Gets $12.2M

Seattle-based Optimum Energy, which develops energy management software for enterprise companies and their facilities, has raised $12.2M in financing, the firm said this morning. The firm said the new funding came from Navitas Capital and C...

READ MORE...
Thursday, June 13, 2013

Madrona Promotes Sandler

Seattle-based venture capital investor Madrona Venture Group said today that it has promoted Julie Sandler to Principal. Sandler has been at Madrona for the past two years, working on such portfolio firms as Jintronix, Maxpoint, Rover.com, ...

READ MORE...
Tuesday, June 11, 2013

Talentwise Raises $25M

Bothell-based TalentWise, a developer of software to help businesses automate the employee hiring process, has raised $25M in a growth capital funding. According to Talentwise, the funding came from an un-named, Seattle-based private equity...

READ MORE...
Tuesday, June 11, 2013

InternMatch Sees $4M

Ex-Seattle startup InternMatch, which is now in San Francisco, said today that it has raised $4M in a Series A funding round. The funding came from ARTIS Ventures, Subtraction Capital, Kapor Capital, and 500 Startups. InternMatch was starte...

READ MORE...
Thursday, June 6, 2013

Mobisante Gets $4.2M More

Redmond-based Mobisante, the developer of tablet-based, ultrasound technology, has raised $4.2M in an ongoing funding round. The firm disclosed the funding via a regulatory filing yestrday. The round is targeted at $5.3M. Details on the fun...

READ MORE...
Wednesday, June 5, 2013

Porch Gets $6.25M For Home Services Marketplace

Seattle-based Porch said today that it has raised $6.25M in a funding round for its service, which helps homeowners connect with home improvement, maintenance, and repair service providers. The startup said the funding came from angel inves...

READ MORE...
Tuesday, June 4, 2013

Bill Gates Backs ResearchGate

Bill Gates is backing an online site focused on helping to connect scientists and the research community. According to ResearchGate, it received a new round of investment from Bill Gates and Tenaya Capital, along with Dragoneer Investment, ...

READ MORE...
Monday, June 3, 2013

Linea Lines Up $4M For Photo Browsing Apps

Seattle-based mobile app developer Linea, a developer of a mobile photo browsing app, has raised $4M in funding. Source of the funding was not disclosed. The company said the funding goes towards its software, which the firm says use algor...

READ MORE...
Thursday, May 30, 2013

Oncothyreon Gets $10M In PIPE

Seattle-based biotechnology developer Oncothyreon disclosed this morning that it has raised $10M in a registered direct offering. The publicly held firm said it has agreed to sell 5,000,000 shares of its common stock and warrants to purchas...

READ MORE...
Wednesday, May 22, 2013

Remote Medical International Finds $8M For Emergency Medicine

Seattle-based Remote Medical International, a provider of international medical services, said Thursday that it has raised $8M in a funding round. The funding came from Columbia Pacific Management, a Seattle investor which already owns 23 h...

READ MORE...
Tuesday, May 21, 2013

HasOffers Adds $9.4M

Seattle-based HasOffers, the developer of mobile app tracking and affiliate software, has $9.4M in hand, the first funding round for the nearly four year old company. According to HasOffers, the funding came from Accel Partners, with Rich W...

READ MORE...
Tuesday, May 21, 2013

Orchestrate.io Gets $3M For For Multi-Database API

Portland-based Orchestrate.io, a developer of software which allows developers to make queries involving multiple databases, has raised $3M in seed funding, the firm disclosed today. The funding came from True Ventures, and also included Fr...

READ MORE...
Monday, May 20, 2013

Maveron Backs Newsle To Help You Track Your Contacts

Seattle-based venture investor Maveron is one of the firms backing Newsle, a developer of technology to help surface and track news on your social contacts and connections. Newsle said it raised $1.65M in a Series A financing round today, w...

READ MORE...
Wednesday, May 15, 2013

Apptio Gets $45M

Bellevue-based Apptio announced this morning that it has raised a huge, $45M funding round for the company's enterprise software. The company said the Series E funding round was led by Janus Capital, The Hillman Capital, and another, un-nam...

READ MORE...
Tuesday, May 14, 2013

GraphLab Finds $6.75M For Open Source Software

Seattle-based open source, machine learning software developer GraphLab said this morning that it has raised $6.75M in a Series A funding round. The round was led by Madrona Venture Group and New Enterprise Associates. According to GraphLab...

READ MORE...
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...

READ MORE...
Tuesday, May 7, 2013

Maveron Backs Crowdfunding Site

Seattle-based venture investor Maveron has backed the operator of an online, crowdfunding site aimed at retail and consumer companies. San Francisco-based CircleUp said today that it has raised a $7.5M Series A, which included Maveron, alon...

READ MORE...
Wednesday, May 1, 2013

Bing Fund Backs BuzzTable

Microsoft's seed investment fund, Bing Fund, has backed a developer of mobile-based applications to help restaurants manage their guests and waiting lists, the fund announced Wednesday. Financial details of the investment were not disclosed...

READ MORE...
Wednesday, May 1, 2013

Square 1 Bank Bolsters Seattle Presence

Square 1 Bank, a specialized technology banks, said Wednesday that it has bolstered its Seattle presence, to help grow the company's business in the Pacific Northwest. According to Square 1 Bank, Rilus Graham has relocated to Seattle to gro...

READ MORE...
Wednesday, May 1, 2013

AVA.ai Gets $16M For Artificial Intelligence Software

Bellingham, Washington-based AVA.ai, a developer of artificial intelligence software used to help validate and score leads, has raised $16M in a funding round. The funding was led by private equity firm Kennet Partners. Kennet said that, as...

READ MORE...
Monday, April 29, 2013

Tango Card Nabs $4.1M More For Digital Gift Cards

Seattle-based Tango Card, which operates a gift card service, has raised $4.1M more in a funding round, the firm said today. The Series B funding came from Allegro Venture Partners, Floodgate, Swan Ventures, Legend Ventures, Western Technol...

READ MORE...
Monday, April 29, 2013

Maveron Backs Home Hair Coloring Startup

In what is an unusual investment area for venture capital--although perhaps a less unlikely investment for consumer products focused Maveron--the Seattle investors is one of the firms investing in home hair care startup Madison Color today....

READ MORE...
Friday, April 26, 2013

Conscious Company Lands $400K In Seed Funding

Portland-based Conscious Company, a monthly delivery service which sends users eco-friendly home, beauty, and other products via subscription, has raised $400,000, the firm disclosed Friday. The funding came from Birchmere Ventures and ange...

READ MORE...
Wednesday, April 24, 2013

SkyKick Takes On Office 365 Migration With $3.7M In Funding

Seattle-based startup SkyKick said this morning that it has raised $3.7M, and launched its Office 365 migration service. Source of the new funding was not announced. SkyKick is led by Evan Richman, and offers up a service that helps small a...

READ MORE...
Wednesday, April 24, 2013

VoloMetrix Gets $3.3M

Seattle-based VoloMetrix, a developer of enterprise software for organizational analytics, said it has raised $3.3M in a funding round this morning in a Series A funding. The funding was led by Shasta Ventures. According tot he firm, it wil...

READ MORE...
Wednesday, April 24, 2013

Chirpify Raises $2M More For Social Payments

Portland-based Chirpify has $2M more in its pocket for advancing its social payments service, after a new investment from Voyager Capital. Chirpify said the initial, Series A close comes in addition to the $1.3M it raise earlier from Voyage...

READ MORE...
Tuesday, April 16, 2013

BEAT BioTherapeutics Raises $2.5M In Seed Funds For Heart Treatment

Seattle-based BEATbio, a biotechnology firm which says it is looking to develop a novel gene therapy to improve cardiac performance during heart failure, has raised $2.5M in a seed funding round. The firm said the funding came from CET Capi...

READ MORE...
Tuesday, April 16, 2013

UIEvolution Snags $5.0M In New Funding Round

Bellevue-based UI Evolution, a developer of mobile software development products, has now raised $5.0M in its latest round of funding, according to a regulatory filing by the firm. Details on the ongoing funding have not been announced by t...

READ MORE...
Friday, April 12, 2013

Ignition Re-Ups On Themed Investment Startup

Looking to make it easier to let individuals invest in broad investment "themes", a Silicon Valley startup, Motif Investing said Friday that it has raised a new, $25M round of investment. That investment included prior, Seattle-based invest...

READ MORE...
Thursday, April 11, 2013

Adapx Raises $3M More

Seattle-based Adapx, the developer of software which captures speech, handwriting, and drawings and imports them into Microsoft Office and other software, said Thursday that it has raised $3M in a new round of funding. The funding came from...

READ MORE...
Thursday, April 11, 2013

Relaborate Raises $566K

Seattle-based Relaborate, a startup developing what it calls content marketing software for helping brands and companies generate content for their marketing efforts, has raised $566,319 in an ongoing funding round. The funding came from an...

READ MORE...
Tuesday, April 9, 2013

WebTuner Brings Latest Round To $8.7M

Kirkland-based WebTuner, the stealthy startup headed by Bernee Strom, the former COO of InfoSpace, has just raised its latest funding round to $8.7M, according to a regulatory filing by the firm Monday. No details on the funding--or the com...

READ MORE...
Tuesday, April 9, 2013

Treehouse Lands $7M, With New Home In Portland

Online video tutorial and learning startup Treehouse--which apparently set up shop recently in Portland--has a mission, which is to help users learn how to develop their own websites, web applications, iPhone apps, and learn how to code. Th...

READ MORE...
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...

READ MORE...
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...

READ MORE...
Friday, April 5, 2013

VisibleBrands Raises $4.6M For In-Store, Digital Coupons

Kirkland-based VisibleBrands, which operates an in-store, digital promotions network which presents custom coupon and other offers to consumers while they are shopping via interactive kiosks, announced it has raised $4.6M in a Series A fund...

READ MORE...
Thursday, April 4, 2013

EveryMove Adds $3.5M, Launches Android App

Seattle-based EveryMove, which operates an online service to encourage people to track and improve their physical activity and health, has raised $3.5M in a Series A-1 funding, and also launched an Android application. The firm--headed by R...

READ MORE...
Wednesday, April 3, 2013

Bill Gates Backs Energy Storage Company Aquion

Bill Gates has put his weight behind a developer of energy storage systems, as part of a new funding for Pittsburgh-based Aquion Energy. Aquion Energy said yesterday that it has had a first close on a $35M, Series D funding, which came from...

READ MORE...
Wednesday, April 3, 2013

Haiku Deck Gets $3M

Seattle-based Haiku Deck, which is developing iPad software to create slick presentations for business, said this morning that it has raised $3M in a Series A funding round. The round was led by Trilogy Partnership, and also included Madron...

READ MORE...
Wednesday, April 3, 2013

Ignition Raises $150M Fund, Turns Eyes Toward Silicon Valley

Bellevue-based venture capital investor Ignition Partners disclosed this morning that it has raised a new, $150M fund, and has opened up a new office in Palo Alto, California. The new fund--Ignition V--will be run by Frank Artale, John Conn...

READ MORE...
Tuesday, April 2, 2013

Vulcan Capital To Set Up Shop In Silicon Valley

Vulcan Capital, the investment firm owned by Paul Allen, the co-founder of Microsoft, is setting up a new office in Silicon Valley, according to reports. Reuters said Monday evening that the new office is set to open in the next few weeks, ...

READ MORE...
Monday, April 1, 2013

Divergent Ventures Backs Caching Software Developer Proximal Data

Seattle-based, early stage venture capital investor Divergent Ventures is the lead investor in a developer of caching software for the virtualized server market. Proximal Data, which is based in San Diego, California, said it has raised $2M...

READ MORE...
Friday, March 29, 2013

Cell Therapeutics Gets $15M In Debt Funding

Seattle-based Cell Therapeutics said Thursday that it has received $15M in a senior secured term loan. The funding came from Hercules Technology Growth Capital. Terms of that loan were not announced. Cell Therapeutics said it would use the ...

READ MORE...
Thursday, March 28, 2013

Atossa Genetics Gets $30M In PIPE

Seattle-based Atossa Genetics said Thursday that it has raised $30M more, in a stock purchase agreement with Aspire Capital. The publicly held firm, which is developing diagnostics for breast cancer, said Aspire paid $12.00 per share for $1...

READ MORE...
Wednesday, March 27, 2013

Maveron Plans Seed Funding Push

Seattle-based venture capital investor Maveron is ramping up its seed level investments--in a big way--with plans to invest in at least one consumer startup a month. Maveron said this morning that it will be investing seed funding in consum...

READ MORE...
Tuesday, March 26, 2013

Decide.com's New Funding Goes Towards Expansion, Hiring

Seattle-based Decide.com, the online electronics price tracking service, has $8M more in its pocket, thanks to a funding round it announced last week--and now plans to use that funding for expansion and jobs. The startup told its users toda...

READ MORE...
Monday, March 25, 2013

Theraclone Sciences Snags $14M More

Seattle-based therapeutic antibody developer Theraclone Sciences said this morning that it has raised $14M, in a combination of equity and debt funding. The firm said that $8M of the funding was equity, which came from its existing investor...

READ MORE...
Friday, March 22, 2013

Decide.com Pockets $8M More

Seattle-based products comparison and prediction startup Decide.com has pocketed $8M more in funding, in a new round of venture capital led by Vulcan Capital, the firm said this morning. The new funding round also included prior investors M...

READ MORE...
Friday, March 22, 2013

Postmates Snags $5M To Expand To Seattle

San Francisco-based Postmates, the operator of a smartphone driven, urban delivery service which lets consumers order lunch, groceries, or office supplies and get them delivered directly to their home or office, said this week that it raise...

READ MORE...
Thursday, March 21, 2013

PlaceFull Gets $1M For Online Party, Event Booking Service

Seattle-based Placefull has raised $1M to expand its online, party and event planning service. The startup--headed by Ryan Hamlin and George Webb, two former Microsoft executives--did not disclose the source of the funding, only saying it c...

READ MORE...
Thursday, March 21, 2013

Indochino Gets $13M More From Madrona, Others

Indochino, a custom, online menswear retailer based in Vancouver, BC has raised $13M in a Series B, the firm said today. The funding was led by Highland Consumer Fund, and also included funding from Seattle's Madrona Venture Group, ACton Ca...

READ MORE...
Tuesday, March 19, 2013

ClearEdge Power Nabs $36M More, But Cuts Staff

Hillsboro, Oregon-based ClearEdge Power, which develops fuel cell-based systems which convert natural gas into electricity and heat, has raised $36M in a new funding round, the firm said Monday. The firm said the funding will go towards ser...

READ MORE...
Friday, March 15, 2013

Optimum Energy Raising $3.0M

Seattle-based Optimum Energy, which develops technology to help optimize the energy consumption from heating and air conditioning (HVAC) and other building systems, is in the midst of raising $3.0M in a funding round, according to a recent ...

READ MORE...
Tuesday, March 12, 2013

Spiral Genetics Takes $3M For DNA Analysis Software

Seattle-based Spiral Gentics, a developer of cloud-based, bioinformatics software for DNA analysis, said Tuesday that it has raised $3M in a funding round. The round was led by Draper Fisher Jurvetson. Spiral Geenetics is led by Adina Mangu...

READ MORE...
Monday, March 11, 2013

creativeLIVE Lands $8M More

Seattle-based creativeLIVE, which operates an online video education site, said Monday that it has raised $8M in a funding round. The round came from Creative Artists Agency (CAA), William Morris Endeavor (WME), CrunchFund and Google Ven...

READ MORE...
Tuesday, March 5, 2013

GlobeSherpa Lands $1.3M

Portland-based GlobeSherpa, a developer of point-of-sale ticketing and payment software, said Tuesday that it has raised $1.3M in a Series B funding round. The round came from the Oregon Angel Fund (OAF), and comes a year after the firm rai...

READ MORE...
Tuesday, March 5, 2013

Lucid Energy Snags Crowdfunding From Israel

Can your humble water faucet be used as a source of renewable energy? That's the hope of Portland-based Lucid Energy, which just anounced a round of funding from crowdfunding site OurCrowd today. Lucid Energy develops a hydroelectric system...

READ MORE...
Monday, March 4, 2013

PivotLink Raises $2.0M

PivotLink, which develops software-as-a-service to help retailers analyze their business performance, has raised $2.0M in a funding round, according to a regulatory filing by the firm Friday. Details on the funding have not yet been announc...

READ MORE...
Thursday, February 28, 2013

Bing Backs Sonar

Sonar, a New York-based developer of mobile, social networking applications, is the latest firm to gain backing from Microsoft's Bing Fund, the company's seed investment and incubation effort. According to Bing, Sonar will be part of the Bi...

READ MORE...
Thursday, February 28, 2013

Julep Beauty Snags $10.3M

Seattle-based online beauty and fashion brand Julep Beauty said today that it has raised $10.3M in a Series B funding round. The funding was led by Andreessen Horowitz, and also included Maveron, Lady Gaga's Manager, Troy Carter, Precedent ...

READ MORE...
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...

READ MORE...
Wednesday, February 27, 2013

Clearwire Raises $80M From Sprint

Bellevue-based Clearwire said today that it has elected to draw $80M from Sprint, as part of an earlier agreement with the firm for financing. Clearwire said that the move comes in conjunction with a deal with Sprint, which removes Sprint's...

READ MORE...
Friday, February 22, 2013

Blaze Biosciences Raises $8.5M

Seattle-based Blaze Bioscience announced this morning that it has raised $8.5M in a Series A funding round. The firm said the funding came from individual investors, including physicians and biotech executives. The firm said it has now rais...

READ MORE...
Thursday, February 21, 2013

Cozi Gets $5.7M

Seattle-based Cozi, the developer of mobile apps for helping mothers and families manage their life, has raised $5.78M in a funding round, according to a regulatory filing by the firm. Details on the funding have not been announced by the c...

READ MORE...
Wednesday, February 20, 2013

EndoGastric Solutions Raises $10.0M

Redmond-based EndoGastric Solutions, a developer of medical devices used for treating gastrointestinal diseases, has raised $10.0M more in funding, according to a regulatory filing. Details on the funding have yet to be announced. EndoGastr...

READ MORE...
Tuesday, February 19, 2013

Celly Gets $1.4M For Mobile, Social Networking Tool

Portland-based mobile, social networking tool developer Celly announced this morning that it has raised $1.4M in a funding round, to power its service for allowing groups to create their own, mobile social networks focused on families, scho...

READ MORE...
Wednesday, February 13, 2013

Leanplum, Former TechStars Seattle Startup, Picks Up $825K

Leanplum, a startup out of TechStars Seattle developing mobile optimization and testing tools, has raised $825,000 in an angel funding, the firm said today. The funding round came from TechStars, Kima Ventures, VoiVoda Ventures, as well as ...

READ MORE...
Tuesday, February 12, 2013

Mobilewalla Gets $4M, Moves To Seattle

MobileWalla, which is developing mobile analytics software, has raised $4M in a funding round, the firm disclosed Tuesday. The funding came from Madrona Venture Group, along with angels. The firm is moving to Seattle as part of the funding ...

READ MORE...
Tuesday, February 12, 2013

Innovative Pulmonary Solutions Raises $10M, But Moves To Minnesota

Bellevue-based Innovative Pulmonary Solutions said today that it has raised $10M in a Series C funding round--but has moved its headquarters to Minneapolis, Minnesota from Bellevue, and renamed itself to Holaira. The medical device company,...

READ MORE...
Tuesday, February 12, 2013

NextDoor Finds New Funding

Nextdoor, the online, neighborhood-focused social networking site backed by such local investors as Rich Barton, has raised $21.6M in a new funding, the firm said today. The San Francisco company said the funding was led by Greylock Partner...

READ MORE...
Monday, February 11, 2013

CloudSway Snags $1.4M For Financial Project Management

Tacoma-based startup CloudSway said today that it has raised $1.4M in an angel funding round. The firm said it is developing financial project management software, which lets teams within businesses work on financial data; the firm said its...

READ MORE...
Friday, February 8, 2013

Upstart Labs Invests In Two Firms, Boosts Team

Portland-based startup incubator Upstart Labs said this morning that it has invested in two companies, in a partnership with Rogue Venture Partners. According to Upstart, the two have invested in Juked, a music discovery platform, and Measu...

READ MORE...
Wednesday, February 6, 2013

Urban Airship Pulls In $25M Round

Urban Airship, the mobile messaging and push software developer based in Portland, announced today that it has received $25M in a funding round, which it says will go towards doubling its employees this year, and accelerate its roadmap. T...

READ MORE...
Wednesday, February 6, 2013

Kineta Finds New Funding

Seattle-based Kineta, the biopharmaceuticals firm developing treatments for infection and autoimmune diseases, said yesterday that it has scored a new investment from RLB Holdings, the investment group which also owns the New York Yankees. ...

READ MORE...
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 ...

READ MORE...
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...

READ MORE...
Monday, February 4, 2013

Rover.com Gains $7M More

Rover.com, the Seattle-based online marketplace for pet care and dog sitting services, has just raised $7M more in funding, the firm said today. The funding came from Foundry Group. The new funding brings Rover's total raised to $10.4M. Rov...

READ MORE...
Thursday, January 31, 2013

Ignition, Opscode's Robbins Back IT Software Firm

Two, Seattle investors are backing the maker of IT management software, which helps system administrators and IT staffers manage incidents and paging. PagerDuty, which is based in San Francisco, said Thursday that it has raised $10.7M in a ...

READ MORE...
Thursday, January 31, 2013

Blab Pulls Up $1.5M For Decoding Social Conversations

Blab, a new Seattle startup focused on applying big data to online, social conversations, said Thursdya that it has raised $1.5M in a funding round. The firm said the funding was led by Barry X Lynn, and also included other angels. The firm...

READ MORE...
Thursday, January 31, 2013

Ignition Partners Gets Exit At mFoundry

Seattle-based venture capital firm has some good news, finally, as one of its portfolio firms had a successful exit today. Larkspur, California-based mobile banking developer mFoundry has been acquired by mobile financial services firm FIS,...

READ MORE...
Tuesday, January 29, 2013

Writer.ly Seeks $400K For Writer's Marketplace

Seattle-based Writer.ly, a new startup founded by Kelsye Nelson and Abigail Carter, is looking to raised $400,000 for its online marketplace for people working on publishing projects, according to a regulatory filing from the firm this week...

READ MORE...
Monday, January 28, 2013

Cloudability Finds $1.0M More In Funding

Cloudability, the Portland-based operator of cloud monitoring services for monitoring cloud spending for companies, has raised $1.0M in a debt funding round. According to regulatory filings by the firm, the company is in the midst of raisin...

READ MORE...
Monday, January 28, 2013

Demand Energy Networks Gets $2.4M

Liberty Lake, Washington-based Demand Energy Networks, a developer of energy storage devices for the utility industry, has raised $2.42M out of a $3.0M round, according to a regulatory filing by the firm. Source of the funding round was not...

READ MORE...
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...

READ MORE...
Thursday, January 24, 2013

ValueAppeal Lands Nearly $6.5M

Seattle-based ValueAppeal, which operates an online site to help homeowners appeal their property tax assessments, has just raised $6.49M in new funding. According to a regulatory filing, the funding came from 24 investors. ValueAppeal, whi...

READ MORE...
Thursday, January 24, 2013

ReliOn Gets Strategic Investment From Cummins

Spokane-based ReliOn, which is developing high reliability, fuel cell generators for backup power, has scored a strategic funding from industrial products firm Cummins Inc.. Size of the investment was not disclosed. The firm said that as pa...

READ MORE...
Wednesday, January 23, 2013

CXOWARE Details $1.25M Funding

Spokane-based CXOWARE, a developer of software-as-a-service products used for risk exposure assessment and management, reported today that it has received $1.25M in a funding round. The funding primarily came from Dr. Henry Beker, the found...

READ MORE...
Wednesday, January 23, 2013

Puppet Labs Lands $30M From VMware

Portland-based Puppet Labs, the developer of IT automation software headed by Luke Kanies, said this morning that it has raised $30M in a funding round from VMware. The new funding is part of a strategic partnership between the two companie...

READ MORE...
Tuesday, January 22, 2013

Maveron Backs PayNearMe With New Funding

Seattle-based investor Maveron Ventures is putting more cash behind PayNearMe, an operator of a network of locations where consumers can pay their bills--including for rent, consumer loans, education, and more--with cash. Mountain View-base...

READ MORE...
Tuesday, January 22, 2013

Simply Measured Finds $8M

Seattle-based Simply Measured, the social media and web analytics software developer headed by Adam Schoenfeld, has pulled in $8M in a new funding round, the firm announced today. The company said its Series B funding came from Bessemer Ven...

READ MORE...
Tuesday, January 22, 2013

Blue Box Extends Series A To $4.3M

Seattle-based cloud hosting and managed services firm Blue Box said today that it has completed a $4.3M, Series A funding. Blue Box said the round was over-subscribed, and was an increase over the earlier $3.5M funding it announced last yea...

READ MORE...
Friday, January 18, 2013

Pacific Northwest Sees Surge In VC Investment In Q4

The Pacific Northwest region saw a surge in venture capital investment in Q4, particularly in Washington State, according to the latest numbers released in the MoneyTree Report by PricewaterhouseCoopers LLP and the National Venture Capita...

READ MORE...
Thursday, January 17, 2013

Parallels Gets Investment From Cisco

Renton-based Parallels, the developer of desktop virtualization and web hosting management software, has a big, new partner today: Cisco. Parallels said that Cisco has made an equity investment in the company, which will go towards joint go...

READ MORE...
Wednesday, January 16, 2013

Tred Pulls Up With $1.7M

Seattle-based Tred, a startup developing an online service to help people set up and schedule test drives of new cars--and which wants to eventually help drive car sales for dealers--raised $1.7M Wednesday, from Maveron, Fraser McCombs Capi...

READ MORE...
Wednesday, January 16, 2013

LikeBright Gets Investment From Bing Fund

Seattle-based LikeBright, an online dating and matchmaking startup, said Wednesday that it has been selected to join the Bing Fund, the Microsoft angel fund and incubator program. LikeBright, which is headed by Nick Soman, uses the details ...

READ MORE...
Wednesday, January 16, 2013

Symform Lands $3M From New Investor

Seattle-based Symform, the provider of cloud storage and backup which is headed by Matthew Schiltz, announced today that it has raised $3M in a strategic investment, from Second Century Ventures. Second Century Ventures is the venture capit...

READ MORE...
Monday, January 14, 2013

Janrain Captures $33M

Portland-based Janrain, the developer of user management and registration tools for online websites, reported today that it has raised $33M in a funding round. The round came from Millennium Technology Value Partners, Split Rock Partners, E...

READ MORE...
Monday, January 14, 2013

MicroGREEN Polymers Gets $5M

Arlington, Washington-based MicgoGREEN Polymers, the developer of technology for using recycled PET bottles to create insulating and temperature resistant cups, trays, and other items, has raised $5M in a strategic funding, the firm said la...

READ MORE...
Thursday, January 10, 2013

CXOware Gets $1.15M

Spokane-based CXOware, a developer of enterprise risk management and security software, has raised $1.15M in an equity funding round, according to a regulatory filing from the firm. Details on the funding have not been announced by the comp...

READ MORE...
Monday, January 7, 2013

Yapta Lands $1.15M

Seattle-based airfare tracking service Yapta has raised $1.15M, part of an ongoing $1.3M round, according to a regulatory filing from the firm. The funding looks to be a convertible round to bridge it to its next equity funding. Yapta is ve...

READ MORE...
Monday, January 7, 2013

Clipboard Gets Strategic Funding

Seattle-based Clipboard, the developer of an online service which lets people save and share websites in a virtual "clipboard" online, has raised a round of strategic funding. The funding came from Scientia, a company in the educational tec...

READ MORE...
Friday, January 4, 2013

Qliance Lands $8.65M More For Health Clinics

Seattle-based Qliance, the venture-backed operator of primary care clinics for preventative care, minor treatments, and treating chronic health conditions, has raised $8.65M in a new investment, according to a regulatory filing from the com...

READ MORE...
Friday, January 4, 2013

Seattle Venture Fund Raises $8M For Startups In India

The latest venture capital fund to emerge in Seattle isn't focused on consumer Internet, mobile apps, or even enterprise software (or even, investments in Seattle). Unitus Seed Fund, said Thursday that it has raised $8M for its investment f...

READ MORE...
Thursday, January 3, 2013

Expedia Invests In Room 77's $30M Round

Bellevue-based Expedia is a major investor in a new, $30.3M funding round for hotel room search engine Room 77, the startup backed by Concur, Rich Barton, Erik Blachford, and Spencer Rascoff. News of the funding emerged Thursday via a regul...

READ MORE...
Thursday, January 3, 2013

EnerG2 Raises $9.4M

Seattle-based EnerG2 has raised $9.396M in funding, according to a regulatory filing from the firm Wednesday. The developer of material science techology being applied to high performance batteries. EnerG2 did not announce any details of th...

READ MORE...
Wednesday, January 2, 2013

Cheezburger Network Raises $5M

Seattle-based Cheezburger Network, the online humor and meme site headed by Ben Huh, has raised $5M in new funding. The new funding was revealed via an SEC filing over the holidays. Cheezburger is backed by Foundry Group, Madrona Venture Gr...

READ MORE...
Monday, December 24, 2012

2nd Watch Gets $4.2M

Seattle-based 2nd Watch, which provides services to help companies migrate their operations to the cloud, said Friday that it has raised $4.2M in a funding round. The round was led by Madrona Venture Group, and also included other investors...

READ MORE...
Thursday, December 20, 2012

MobileDevHQ Raises $650K

Seattle-based MobileDevHQ, a provider of mobile store optimization tools, has raised $650,000 in funding, the firm disclosed Thursday. The funding came from Founder's Co-op, Social Leverage, and other Seattle angels. MobileDevHQ is headed b...

READ MORE...
Tuesday, December 18, 2012

Concur Invests In Hotel Software Provider Nor1

Redmond-based travel and expense management software provider Concur has funded the developer of software which helps hotels and resorts upsell their products to customers. According to Nor1, which is based in Santa Clara, California, it ra...

READ MORE...
Wednesday, December 12, 2012

Bing Fund Backs Selectable Media

Bing Fund, the angel investment fund run by Microsoft, said Tuesday that it has invested in New York's Selectable Media. Selectable Media develops technology and services which helps publishers to monetize content, and which allows consumer...

READ MORE...
Wednesday, December 12, 2012

SNUPI Technologies Lands $1.5M

SNUPI Technologies, a brand new startup spun out of the University of Washington, has raised $1.5M in a funding round. The seattle startup said the funding came from Madrona Venture Group and Rada Partners. SNUPI's technology, which is shor...

READ MORE...
Wednesday, December 12, 2012

Sandglaz Scores $500K For Project Management Software

Seattle-based Sandglaz, which is developing task and project management software, disclosed Tuesday that it has raised $500,000 in a seed funding round. Names of the company's investors were not disclosed. Sandglaz, which is headed by Nada ...

READ MORE...
Tuesday, December 11, 2012

IDInteract Launches With $700K In Funding

Seattle-based ID Interact, a startup developing enterprise marketing software-as-a-service, said today that it has raised $700,000 and launched the company. The firm--led by former T-Mobile executive Matthew Standish--said it will provide e...

READ MORE...
Monday, December 10, 2012

Apptentive Raises $1.2M

Seattle-based Apptentive said this morning that it has raised $1.2M in a seed funding round, which came from Founder's Co-Op, Google VEntures, Golden Venture Partners, Social Leverage, as well local angels. The company, which is part of Tec...

READ MORE...
Monday, December 10, 2012

Tyfone Gets Investment From In-Q-Tel

Portland-based Tyfone, the developer of mobile payment products, said today that it has received a strategic investment and entered into a technology development agreement with In-Q-Tel, the investment arm of the U.S. intelligence community...

READ MORE...
Friday, December 7, 2012

VendScreen Raises $15.4

Portland-based VendScreen, the developer of a device which attaches to vending machines to receive payments, provide ads, and other information, has raised $15.4M in a funding round, the firm said earlier this week. The company, which is le...

READ MORE...
Friday, December 7, 2012

Startup Launches Car Insurance By The Mile In Oregon

Don't drive all too much, and don't mind someone watching your driving habits? A new, silicon valley startup called MetroMile said this week that it is launching in Oregon, and will offer up a product that charges drivers a per-mile rate on...

READ MORE...
Thursday, December 6, 2012

Cloudera, Backed By Ignition, Pulls In $65M Funding Round

Cloudera, one of the Silicon Valley-based, enterprise software firms backed by Seattle's Ignition Partners, has just raised a huge, $65M funding round. Palo Alto-based Cloudera announced the funding late Thursday, saying that the round Acce...

READ MORE...
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...

READ MORE...
Wednesday, December 5, 2012

Ignition Partners Gets Exit At Zenprise

Bellevue-based venture capital firm Ignition Partners has had an exit at one of the firm's portfolio companies, Zenprise. Citrix said Wednesday that it is buying Zenprise, and will make that firm's products part of its Citrix CloudGateway a...

READ MORE...
Wednesday, December 5, 2012

Kona Medical Adds $10M

Bellevue-based medical devices developer Kona Medical said yesterday that it has added $10M in equity and debt as part of its Series C financing round, bring its total raised in the round to $40M. The firm said it added two, un-named large-...

READ MORE...
Tuesday, December 4, 2012

Powerit Solutions Adds $5.5M

Seattle-based Powerit Solutions announced Tuesday that it has raised $5.5M, in a Series C growth financing round. The firm, wihch develops energy demand management products, said the funding includes $3M raised in April, and $2.5M that clos...

READ MORE...
Monday, December 3, 2012

Smartsheet Snags $26M

Bellevue-based Smartsheet.com, the developer of online collaboration tools, has just pulled together a big chunk of funding. The firm announced today that it has raised $26M in a funding round, which came from Insight Venture Partners and M...

READ MORE...
Monday, December 3, 2012

NanoString Technologies Gets $15.3M

Seattle-based NanoString Technologies, which develops life science tools for the molecular diagnostics area, said this morning that it has raised $15.3M in a Series E funding round. The round came from Morgan Stanley Expansion Capital and A...

READ MORE...
Friday, November 30, 2012

Amazon Re-Ups Investment In Wikia

Amazon.com has put more dollars into online wiki software and services firm Wikia, as part of a new, $10M funding round for that company. Wikia said Friday that it raised $10M in a Series C round, led by Institutional Venture Partners, and ...

READ MORE...
Friday, November 30, 2012

Red Tricycle Raises $1.5M

Seattle-based Red Tricycle, which runs an online site which helps parents learn about local activities, restaurants, stores, and more, has raised $1.5M in a Series A funding, the firm said Thursday. The funding was led by Maveron, and also ...

READ MORE...
Wednesday, November 28, 2012

CENTRI Technology Lands $4.5M

Seattle-based mobile technology developer CENTRI Technology has raised $4.5M in a Series B round, the company said today, to help accelerate its product development efforts, strategic partnerships, and grow its team. The company said the ro...

READ MORE...
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...

READ MORE...
Tuesday, November 27, 2012

INRIX Names Ignition's Connors To Board

Kirkland-based traffic information provider INRIX said this morning that it has named venture capitalist John Connors to its board of directors. Connors is a partner at Ignition Partners, and formerly served as Chief Financial Officer of Mi...

READ MORE...
Tuesday, November 20, 2012

Qumulo Snags $24.5M For Enterprise Storage

Seattle-based Qumulo said today that it has raised $24.5M in a Series A funding, for its enterprise storage efforts. The funding was led by Highland Capital, and also included Madrona Venture Group and Valhalla Partners. Qumulo's founders a...

READ MORE...
Tuesday, November 20, 2012

Jintronix Gets Funding From Madrona, Sets Up In Seattle

Jintronix, a developer of medical software aimed at physical and cognitive therapy and rehabilitiation, said it has raised a seed capital round from Madrona Venture Group. As part of the funding, the company said it is relocating to Seattle...

READ MORE...
Thursday, November 15, 2012

Zulily Raises $85M In New Funding

Zulily, the daily deals site for mothers nheaded by Darrell Cavens, has just scored a big, $85M funding, which reportedly values the firm at more than $1 billion. The company said the round was led by Andreessen Horowitz, and also included ...

READ MORE...
Thursday, November 15, 2012

Context Relevant Gets $1.5M, Inks Deal With Concur

Seattle-based big data software developer Context Relevant said today that it has raised $1.5M in seed funding, from Madrona Venture Group and individuals, as well as entered into a deal with Concur. Context Relevant, which is headed by Ste...

READ MORE...
Thursday, November 15, 2012

Ignition Backs Big Data Firm Continuuity

Ignition Partners has made an investment in a Silicon Valley-based developer of software for the "big data" market. Palo Alto-based Continuuity announced yesterday that it had raised $10M in a funding round, which came from Battery Ventures...

READ MORE...
Thursday, November 15, 2012

WaveDivision Raises Massive, $1.052 Billion Round

Kirkland-based WaveDivision Holdings, the provider of broadband fiber networks to the business and residential market, has raised a giant, $1.052 billion funding round, the firm said today. The company said the round included substantial eq...

READ MORE...
Wednesday, November 14, 2012

Site9 Gets $500K For ProtoShare

Portland-based Site9 said Tuesday that it has raised $500,000 in funding from private investors, for its ProtoShare collaborative prototyping tool, which is used to help develop both web and mobile applications. Source of the funding was no...

READ MORE...
Tuesday, November 13, 2012

Rover.com Challenger DogVacay Finds More Funding

Who's going to be the top dog in this fight? Seattle-based Rover.com, the online marketplace which connects dog owners with local dog sitters, is getting a challenge from a rival, which just announced a big round today. DogVacay, which oper...

READ MORE...
Monday, November 12, 2012

Visterra Finds Funding From Gates Foundation

Visterra, a biopharmaceuticals developer focusing on novel medicines to prevent and treat infections, said last week that it has raised $26M in a Series A round, led by the Bill and Melinda Gates Foundation. The funding also include Omega F...

READ MORE...
Monday, November 12, 2012

Concur Launches New $150M Investment Fund For Travel Startups

Redmond-based Concur, the provider of travel and expense management software, said this morning that it has launched a new, $150M fund to invest in emerging companies in the travel and expense management area. The firm said its new Concur P...

READ MORE...
Thursday, November 8, 2012

Limeade Lands $5M

Bellevue-based Limeade, the provider of software-as-a-service to manage wellness programs, announced today that it has raised $5M in a Series B financing round. The rounding came from TVC Capital, a California growth equity firm that focuse...

READ MORE...
Wednesday, November 7, 2012

Talyst Gets $10M

Bellevue-based Talyst, the developer of pharmacy automation products for managing and dispensing medication, has scored $10M in growth capital, according to venture lender ORIX Ventures. ORIX said the funding will go towards Talysts's expan...

READ MORE...
Tuesday, November 6, 2012

ModuMetal Raises $4.73M

Seattle-based ModuMetal, a developer of advanced materials and coatings, has raised $4.73M in a funding, part of a $19.2M round the firm is raising, according to a regulatory filing. The funding apparently comes from Second Avenue Partners,...

READ MORE...
Tuesday, November 6, 2012

Radio Runt Gets $1M For Social Tools

Seattle-based Radio Runt, the developer of a mobile app called Rallee, said today that it has raised $1M in a funding round. The firm said the funding came from Kenges Rakishev, a wealthy investor from Kazakhstan. Rallee said it is launchin...

READ MORE...
Thursday, November 1, 2012

Resolve Therapeutics Finds $5.8M

Seattle-based Resolve Bio has raised $5.8M more for its efforts to develop treatments for lupus, according to a report today. The funding came from WRF Capital, New Science Ventures, and Easton Capital. New of the funding first came from Xc...

READ MORE...
Thursday, November 1, 2012

Pirq Finds $1.2M More

Kirkland-based Pirq, the mobile applications developer headed by James Sun, has just pocketed $1.2M more in funding, as it looks to push its new local business punch card app. Pirq said the second round of venture capital brings its total r...

READ MORE...
Wednesday, October 31, 2012

Blue Box Gets $3.5M

Blue Box, the cloud hosting and managed services firm headed by Jesse Proudman, has raised a $3.5M, Series A funding round, the firm said Wednesday. The round was led by Voyager Capital. As part of the funding, Bill McAleer has joined the c...

READ MORE...
Tuesday, October 30, 2012

ZeaChem Gets $25M For Oregon Biofuels Plant

A cellulosic biofuels startup, ZeaChem, has completed construction of a new cellulosic ethanol biorefinery in Boardman, Oregon, and raised $25M in funding. ZeaChem said the plant, which is expected to have a capacity of 250,000 gallons per ...

READ MORE...
Monday, October 29, 2012

iJento Gets $8M

iJento, a developer of marketing analytics software, said Monday that it has raised $8M in an equity funding, led by MMC Ventures and also including Nauta Capital and Oxford Capital Partners. The firm--which has its U.S. headquarters in Por...

READ MORE...
Monday, October 29, 2012

Meteor Entertainment Raises $18M

Seattle-based online multiplayer game developer Meteor Entertainment has raised $18M in a funding round, the firm disclosed today. The second round of funding came from Rustic Canyon Ventures, Chinese game publisher KongZhong, and FirstMark...

READ MORE...
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...

READ MORE...
Thursday, October 18, 2012

Madrona's Greg Gottesman Launches Blog

Are you looking for some good advice about venture capital and startups? Seattle has a brand new, venture capital blogger: Greg Gottesman, the managing director of Madrona Venture Group, who recently started posting to StarkRavingVC. Gottes...

READ MORE...
Tuesday, October 16, 2012

HaloSource Gets $25.7M

Bothell-based HaloSource, which develops water treatment and purification products, said Tuesday that it has raised $25.7M in a funding from investors. The firm--which trades on the London Stock Exchange--said that the funding would go towa...

READ MORE...
Tuesday, October 16, 2012

TechStars Seattle's Romotive Gets $5M In Funding

Romotive, which designs robots which connect and are controlled by smartphones like the iPhone, has raised $5M in a funding round. The firm--which was incubated as part of TechStars Seattle--said the funding came from Sequoia Capital, Crunc...

READ MORE...
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 ...

READ MORE...
Thursday, October 11, 2012

Report: OVP Venture Partners Winding Down

Kirkland-based venture capital firm OVP Venture Partners is winding down its operations after over 30 years in the business, according to a report from Xconomy. According to an interview with Gerry Langeler, one of OVP's managing directors,...

READ MORE...
Monday, October 8, 2012

Lockerz Gets $7.5M

Seattle-based social shopping service Lockerz has raised another $7.5M in funding, as part of an ongoing, $9.6M funding effort for the company, according to a regulatory filing by the firm. The filing looks to be a convertible debt round. L...

READ MORE...
Friday, October 5, 2012

Little Bird Gets $1M

Portland-based Little Bird, the startup headed by former blogger Marshall Kilpatrick, announced today that it has raised $1M in an angel funding round. The round came from Mark Cuban, Howard Lindzon, Dharmesh Shah (Hubspot), Blaine Cook (Tw...

READ MORE...
Friday, October 5, 2012

Microsoft, Barnes & Noble Seal Nook Partnership With $300M

Microsoft and Barnes & Noble announced Thursday they have completed their deal to create a new subsidiary, NOOK MEDIA, which includes a $300M investment from Microsoft, to develop NOOK reading applications and hardware. The firms said the d...

READ MORE...
Thursday, October 4, 2012

Bezos Funds Canadian Quantum Computing Firm D-Wave

Jeff Bezos, the founder of Amazon.com, has backed a developer of quantum computing technology based in Vancouver, B.C. According to D-Wave, it has raised $30M in a funding round, which included Bezos Expeditions and In-Q-Tel (IQT), the inve...

READ MORE...
Wednesday, October 3, 2012

Buuteeq Gets $10M For Hotel Marketing Software

Buuteeq, which develops digital marketing software for hotels, has just booked a $10M investment, the firm said this morning. The Seattle firm said the funding was co-led by Madrona Venture Group and Concur, the travel and expense managemen...

READ MORE...
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...

READ MORE...
Thursday, September 27, 2012

Tier 3 Gets $10M More For Cloud Services

Bellevue-based Tier 3, which develops a cloud computing platform, has raised $10M more in a new funding, according to regulatory filings by the firm. The new funding was led by Intel Capital. Tier 3 is also backed by Ignition Partners and M...

READ MORE...
Thursday, September 27, 2012

SEOmoz Eyes IPO

Seattle-based search engine optimization software developer SEOmoz founder Rand Fishkin said yesterday that the firm has set its sights on an IPO, as the company begins mulling an exit. The company said that, since it has taken institutiona...

READ MORE...
Friday, September 21, 2012

Innovative Pulmonary Solutions Gets $10.6M

Bellevue-based medical device developer Innovative Pulmonary Solutions has raised $10.6M in a Series B funding round, the firm announced Thursday. The funding came in March of 2012, and was led by Advanced Technology Ventures. Other investo...

READ MORE...
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...

READ MORE...
Tuesday, September 18, 2012

Familiar Gets $1.3M For Digital Photo App

Seattle-based Familiar, which develops an app which turns your Mac, PC, iPad, or Android phone into a digital photo frame, has raised $1.3M in a funding round, the firm said this morning. The funding came from Greylock Partners, Redpoint ...

READ MORE...
Monday, September 17, 2012

Starbucks Backing Seals Series D for Square

Mobile payment processing and credit card reader firm Square has closed its Series D round, the firm announced today, including backing from Seattle's Starbucks Coffee. Square did not announce the size of the round, which has been widely re...

READ MORE...
Tuesday, September 11, 2012

Honest Buildings Scores Funding Round

Honest Buildings, which has operations in Seattle, said Tuesday that it has scored a first round of funding. Size of the funding round was not disclosed. Funding was led by RockPort Capital and Mohr Davidow Ventures, and also include Spring...

READ MORE...
Wednesday, September 5, 2012

Act-On Software Gets $16M

Beaverton, Oregon-based Act-On Software said Wednesday that it has raised $16M in a funding round, for the firm's marketing automation platform. The round was led by Norwest Venture Partners, and also included Trinity Ventures, US Venture P...

READ MORE...
Wednesday, September 5, 2012

Pirq Lands $1.2M In Ongoing Round

Seattle-based Pirq, the developer of local, mobile apps which help local retailers attract and retain customers, has raised $1.2M as part of an ongoing funding, the firm revealed yesterday. The firm, which is headed by James Sun, let the de...

READ MORE...
Tuesday, September 4, 2012

Korrio Gets $4.6M More

Youth sports site Korrio, which is run by Steve Goldman, has raised $4.6M more in funding, the firm said over the weekend. The funding came from its existing investors, which include Ignition Partners and a number of angels. Korrio offers u...

READ MORE...
Wednesday, August 29, 2012

Matrix Genetics Gets Funding From Biofuel Efforts

Seattle-based Matrix Genetics, a biotechnology firm aimed at producing both renewable fuels and specialty chemicals from algae, said today that it has scored a funding round. The round came from Avista Development, the Spokane-based venture...

READ MORE...
Wednesday, August 22, 2012

FutureAdvisor Gets $5M For Personalized Investment Advice

Seattle-based FutureAdvisor, the online investment advice startup headed by Bo Lu, announced today that it has scored $5M in a Series A funding round. THe round came from Sequoia Capital. As a part of its funding announcement, FutureAdvisor...

READ MORE...
Tuesday, August 21, 2012

Kymeta Spins Out Of IV, Gets Funding From Bill Gates, Others

Kymeta, a new startup based on technology from Intellectual Ventures, has spun out of IV and raised its first round of funding. Intellectual Ventures announced the investment Tuesday, saying that Bill Gates, Liberty Global, and Lux Capital ...

READ MORE...
Tuesday, August 21, 2012

Discovery Bay Games Gets $15M To Take On Mobile Accessories

Seattle-based Discovery Bay Games, the provider of tablet and mobile gaming accessories, as well as maker or more traditional board games, is adding some fuel to the firm's move to the mobile accessories business, with a new investment this...

READ MORE...
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...

READ MORE...
Tuesday, August 14, 2012

SpaceCurve Gets $3.5M

Seattle-based big data software provider SpaceCurve said this morning that it has raised $3.5M in additional funding, an extension of its Series A funding round. The new funding came from Triage Ventures, as well as its existing investors, ...

READ MORE...
Thursday, August 9, 2012

Bing Fund Invests in Buddy Platform, Pinion Tech

Microsoft's Bing Fund angel investment fund and incubator program said Thursday that it has invested in two startups, Buddy Platform and Pinion Tech. Buddy Platform, which is based in Kirkland, develops hosted tools for web application deve...

READ MORE...
Thursday, August 9, 2012

SiOnyx Gets Funding From In-Q-Tel

SiOnyx, a developer of CMOS imaging sensors being applied to night vision and other systems, reported yesterday that it has scored a strategic round from In-Q-Tel. The firm, which has significant operations in Beaverton, Oregon, did not dis...

READ MORE...
Wednesday, August 8, 2012

UW Grads: Trade Your Future Income For Startup Capital?

A new, Silicon Valley startup has an offer for students at the University of Washington: trade us a portion of your future income, over the next 10 years, for a chunk of capital for your startup. Upstart, which was started by ex-Google empl...

READ MORE...
Wednesday, August 8, 2012

Starbucks Boosts Square With Investment, Partnership

Seattle-based Starbucks said today that it has made an investment in mobile payment provider Square, and has also entered into a broad partnership with the company. According to Starbucks, it is investing $25M in Square as part of that comp...

READ MORE...
Tuesday, August 7, 2012

Infratel Finds $3M In Funding

Seattle-based Infratel, a provider of cloud telephony services for the small business market, said today that it has raised $3M in a Series A funding round. The round came from Prostor Capital and Runa Capital. According to Infrastel, it wi...

READ MORE...
Tuesday, August 7, 2012

Google Joins DocuSign Funding, Brings Total To $55.7M

Docusign, the developer of electronic signature services, said today that Google Ventures has joined in the company's most recent financing round, bringing its total raised to $55.7M. The firm, which is split between San Francisco and Seatt...

READ MORE...
Friday, August 3, 2012

FiveStars Gets Funding From Partovi Brothers

FiveStars Bay area startup focused on loyalty and rewards cards has scored more funding from Seattle angel investor Hadi Partovi, along with his brother Ali, as well as venture firms Lightspeed Venture partners, DCM, YCombinator, Mayfield, ...

READ MORE...
Friday, August 3, 2012

Point Inside Gets $3.2M

Bellevue-based Point Inside, a developer of mobile shopping analytics apps and software, has raised $3.2M in a funding round, according to a regulatory filing from the firm. Source of the funding was not disclosed. Point Inside is headed by...

READ MORE...
Monday, July 30, 2012

Adapx Raises $3M More

Seattle-based Adapx, the developer of digital capture and recognition software, announced this morning that it has raised $3M more in funding from its existing investors. The firm said the round, which brings its total raised to approximat...

READ MORE...
Wednesday, July 25, 2012

Viewpoint Construction Software Gets $76M In Private Equity Investment

Portland-based Coaxis, the parent company of Viewpoint Construction Software, announced this morning that it has received $76M in a private equity investment, from TA Associates. Coaxis said the minority investment will go to accelerate the...

READ MORE...
Tuesday, July 24, 2012

Amazon Re-Ups On Celebrity Social Media Firm WhoSay

Amazon.com is continuing to back a developer of online, media management software for celebrities, as part of a new funding round for WhoSay. WhoSay said Tuesday that it has raised $12M in a Series C round for the company, which was led by ...

READ MORE...
Tuesday, July 24, 2012

Barton's Nextdoor Gets $18.6M In Funding

Nextdoor, the online private social networking site geared around connecting people with their neighbors, and which is backed by Zillow's Rich Barton, has scored a big funding round, the firm said today. Nextdoor said it has raised $18.6M -...

READ MORE...
Monday, July 23, 2012

Maveron Names Venture Partner

Seattle-based venture capital firm Maveron is bolstering its San Francisco presence today, saying that it has named David Wu as a Venture Partner in its San Francisco office. Wu is an angel investors and entrepreneur. Maveron said that Wu w...

READ MORE...
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...

READ MORE...
Tuesday, July 17, 2012

Optify Raises $2.0M

Seattle-based Optify, the developer of search engine optimization and search marketing tools, has just raised $2.0M, part of an ongoing $2.7M funding round, according to a regulatory filing from the firm yesterday. Optify is venture backed ...

READ MORE...
Monday, July 16, 2012

RealNetworks Adds Cunningham To Board

Seattle-based RealNetworks said this morning that it has added John E. Cunningham, IV, the Seattle investor, to its board of directors. Cunningham also serves on the boards of Blucora (InfoSpace), AudienceScience, Qliance, and a number of o...

READ MORE...
Friday, July 13, 2012

DocuSign Confirms $47.5M Funding Round

Seattle- and San Francisco-based electronic signature firm Docusign has confirmed the details of its $47.5M fundraising round this morning. The firm said the round was led by Kleiner Perkins Caufield & Byers, with participation of Accel Par...

READ MORE...
Friday, July 13, 2012

Microsoft Details Bing Incubator

Microsoft has taken the wraps off its Bing Fund, its angel fund and incubator program, detailing the effort on Thursday. The company said it will be inviting promising startups, based in the U.S., to work with the program for at least four ...

READ MORE...
Friday, July 13, 2012

Northwest Energy Angels Invests $1.1M Across Six Startups

The Northwest Energy Angels reported Thursday afternoon that the angel investment group has invested $1,132,000 across six, clean technology companies in the first half of the year. The investment group said that it has invested in Pacific ...

READ MORE...
Thursday, July 12, 2012

DocuSign Raises $47.5M

Seattle-based electronic signature firm Docusign has just raised $47.5M in a funding round, according to a regulatory filing by the firm today. Details on the funding have not yet been announced by the company. DocuSign's prior investors in...

READ MORE...
Thursday, July 12, 2012

Appature Gets $6.1M

Seattle-based Appature, the developer of software for managing sales and marketing, has raised $6.1M in a new funding round, from Ignition Partners and Madrona Venture Group. The company, which is led by Kabir Shahani, develops software whi...

READ MORE...
Thursday, July 12, 2012

Cloudability Lands $8.7M

Portland-based Cloudability, which operates an online service which monitors cloud spending for companies, said this morning that it has raised $8.7M in a Series A funding round. The round was led by Foundry Group. As part of the funding, J...

READ MORE...
Monday, July 9, 2012

Portland Seed Fund Deadline Today

The deadline for local Portland startups looking to gain some funding and help in launching their startups is today, as the Portland Seed Fund closes its applications for its latest class. The accelerator program's latest class is expected ...

READ MORE...
Friday, July 6, 2012

QThru Raises $3.5M For Self-Checkout Software

Seattle-based QThru, a startup aimed at the mobile market, said this week that it has launched its mobile software aimed at helping retail shoppers to check themselves out of stores and markets, backed by $3.5M in funding. The startup is he...

READ MORE...
Thursday, June 28, 2012

Bezos Re-Ups On Photo Editing Firm Aviary

Amazon founder Jeff Bezos is continuing to back New York-based photo editing firm Aviary, as the company said this week that it has raised another $6M in funding. Avaiary said the new funding came from Spark Capital, Bezos Expeditions, and ...

READ MORE...
Thursday, June 28, 2012

Context Relevant Raises $1.3M For Big Data Analytics

Seattle-based Context Relevant, a new startup headed by Stephen Purpura, said this morning that it has raised $1.3M in a seed funding round. The funding was led by Madrona Venture Group, and also included angels Geoff Entress, Mike McSherry...

READ MORE...
Wednesday, June 27, 2012

Avalara Raises $20M

Seattle-based Avalara, the developer of sales tax automation software, has raised $20M in a funding round, according to the firm this morning. Avalara said the funding round was led by Battery Ventures, which joins The Benaroya Company, Pio...

READ MORE...
Monday, June 25, 2012

Bezos Backs Robotics Firm

Bezos Expeditions, the venture funding arm of Amazon.com founder Jeff Bezos, has backed a developer of manufacturing robots. Boston -based Rethink Robotics announced the $30M investment last week, saying that new investor Sigma Partners led...

READ MORE...
Friday, June 22, 2012

Madrona Backs ThisLife For Photo Sharing

Seattle-based venture investor Madrona Ventures has made another Silicon Valley investment, this time in a photo sharing site ThisLife. ThisLife said it has raised $2.75M in a Series A funding, led by Madrona Ventures, and also including Mo...

READ MORE...
Thursday, June 21, 2012

Scope 5 Wins Funding From ZINO Society

Seattle-based Scope 5, a developer of web-based software for helping organizations manage their sustainability data, has scored some funding from the ZINO Society, after winning that group's ZINO Green Investment Forum. The ZINO Society sai...

READ MORE...
Wednesday, June 20, 2012

Ignition Partners Backs Virtualization Software Startup

Bellevue-based Ignition Partners has invested more money in a Silicon Valley-based developer of virtualization software, Bromium, in a $26.5M investment round for that firm. Bromium said the Series B funding round was led by Highland Capita...

READ MORE...
Wednesday, June 20, 2012

Vulcan Backs MEMS Firm Sand 9

Vulcan Capital has backed Sand 9, a developer of MEMS-based, precision timing products, as a major participant in that firm's latest financing round. Sand 9, which is based in Cambridge, Mass., said it raised $23M in a Series C funding roun...

READ MORE...
Wednesday, June 20, 2012

W Fund Targets University Spinouts

A new, venture capital fund out of the University of Washington, the The W Fund, said today that it has launched a $20M early stage venture fund aimed at funding promising spinouts of the University of Washington and other research institut...

READ MORE...
Thursday, June 14, 2012

Evri Spinout SportStream Raises $3.5M From Vulcan

A new spinout of Seattle-based Evri, focused on providing a "second screen" for sports fans on tablet PCs, has raised $3.5M in funding from Vulcan Capital. SportStream, headed by Will Hunsinger, announced the funding round Thursday saying i...

READ MORE...
Thursday, June 14, 2012

Indow Windows Snags $1.3M

Portland-based Indow Windows, a manufacturer of thermal windows inserts, announced yesterday that it has raised $1.3M in a Series A funding round. The round was led by Vision Ridge Partners, and also included members of the Northwest Energy...

READ MORE...
Wednesday, June 13, 2012

Maveron Funds Mobile Wallet Firm Lemon.com

Seattle-based venture capital firm Maveron is the lead investor in Lemon.com, a developer of a mobile application aimed at replacing the wallet in your pocket with software. According to Lemon.com, it has raised $8M in it Series A funding, ...

READ MORE...
Tuesday, June 12, 2012

ValueAppeal Finds $1.2M More, Launches Pro Service

Seattle-based ValueAppeal, an online service to help people appeal their property taxes, announced this morning that it has raised $1.2M, and launched a new "PRO" service aimed at real estate professionals. The firm said the funding came fr...

READ MORE...
Tuesday, June 12, 2012

Wonder Forge Gets $1.75M For Kids Games

Seattle-based Wonder Forge, a developer of board and puzzle games for children, has raised $1.75M in a funding round, the company announced this morning. Source of the funding was not disclosed. Wonder Forge, headed by former Cranium Games ...

READ MORE...
Friday, June 8, 2012

Blaze Bioscience Gets $5M For Tumor Paint

Seattle-based Blaze Bioscience, a developer of technology it calls "tumor paint" to help physicians visualize solid, cancer tumors, has raised $5.0M in a Series A financing round, the firm said today. Source of the funding was not announced...

READ MORE...
Thursday, June 7, 2012

Tango Card Adds $1.8M

Seattle-based Tango Card, the provider of flexible, digital gift cards, has raised $1.8M in an expansion of its Series A financing round. According to the company, the round added Innovation Endeavors, the investment fund of Eric Schmidt, a...

READ MORE...
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...

READ MORE...
Tuesday, June 5, 2012

HotelTonight, Backed by Barton, Blachford, Finds New Funding

The developer of a last minute hotel booking application for mobile phones, which is backd by Rich Barton and Erik Blachford, has scored more funding. Hotel Tonight, which is based in San Francisco, said it has raised $23M in a Series C fun...

READ MORE...
Tuesday, June 5, 2012

Donuts Gets $100M For Domain Name Registrar

A new, Bellevue-based startup focused on the domain name business, Donuts Inc., said today that it has raised $100M in funding from private equity and venture capital, to create a brand new, registry for top level domain names. The firm sai...

READ MORE...
Wednesday, May 30, 2012

Kona Medical Gets $30M In Series C

Bellevue-based Kona Medical, a developer of ultrasound-based treatments for high blood pressure, said Wednesday that it has raised $30M in a Series C funding round. The round came from existing Essex Woodlands, Domain Associates, Morgentha...

READ MORE...
Wednesday, May 30, 2012

Buddy Gets $1M In Seed Funding

Seattle-based The Buddy Platform, a new startup headed by David McLauchlan, said this morning that it has raised $1M in a seed funding round, and released its software. Buddy said the funding came from Transmedia Capital, along with Crestli...

READ MORE...
Thursday, May 24, 2012

Bill Gates Funds Battery Technology Firm

Bill Gates is putting more of his money behind a developer of battery technology, whose technology is based on research out of MIT. Liquid Metal Battery said Thursday that it has raised $15M in a Series B round, which was led by Khosla Vent...

READ MORE...
Wednesday, May 23, 2012

MicroVision Gets $5M In PIPE, Nasdaq Warning

Redmond-based projection display technology developer MicroVision reports today that it has received approximately $5M in a sale of its stock to private investors. The deal had previously been announced on May 10th. In addition, MicroVision...

READ MORE...
Thursday, May 17, 2012

TED Takes On Hanauer, But Posts Talk Anyway

It looks like there's one person who won't be invited back to a TED talk anytime soon: Seattle venture capitalist Nick Hanauer. In a scathing post, TED curator Chris Anderson called out Hanauer on his complaints that TED had failed to post ...

READ MORE...
Wednesday, May 16, 2012

Second Avenue's Hanauer Steps Into Controversy With TED Talk

Seattle venture capitalist Nick Hanauer, known for his investments in Amazon.com, aQuantive, and other local companies, looks to have -- he's stirred up some controversy over a TED talk he gave at the TED University conference, according to...

READ MORE...
Tuesday, May 15, 2012

Prosodic Gets $1.4M For Predictive Analytics

Seattle-based Prosodic, a developer of predictive analytics software aimed at helping publishers gain Facebook followers and likes, said this morning that it has raised $1.4M in a seed funding round. The round included Ignition Partners, as...

READ MORE...
Tuesday, May 15, 2012

Bezos Backs Behance

Jeff Bezos, the founder of Amazon.com, has backed an online marketplace which allows artists and others to show off their portfolio of work. New York-based Behance said Monday that it has raised $6.5M in a funding round, which included an i...

READ MORE...
Friday, May 11, 2012

Ensequence Gets $26M For Interactive TV Technology

Ensequence, a developer of technology to provide interactivity on cable, satellite, telco and connected devices, said today that it has raised $26.0M in a funding round. The firm, which has development operations in Portland, said the fundi...

READ MORE...
Thursday, May 10, 2012

MicroVision Gets $5M In Equity Investment

Redmond-based MicroVision, which develops miniature projection display technology, said this morning that private investors have agreed to invest approximately $5M in the company in an equity investment deal. Microvision said the lead inves...

READ MORE...
Wednesday, May 9, 2012

Madrona Funds RewardLoop

Vancouver, BC-based RewardLoop, a developer of QR-code based loyalty programs for businesses, has scored $1M in a Series A funding from Seattle's Madrona Ventures, the firm said today. RewardLoop's mobile software allows users to scan QR co...

READ MORE...
Wednesday, May 9, 2012

EveryMove Gets $2.6M

Seattle-based EveryMove, the health and fitness tracking service headed by Marcello Calbucci, has raised $2.6M in a funding round from partners Premera Blue Cross, Blue Cross and Blue Shield of Nebraska, BlueCross BlueShield Venture Partner...

READ MORE...
Wednesday, May 9, 2012

Swan Island Networks Picks Up $2.5M

Portland-based Swan Island Networks, a provider of cloud-based, data services, said Tuesday that it has raised $2.5M in a financing round. Source of the funding was not announced. The company said the new preferred stock financing round inc...

READ MORE...
Monday, May 7, 2012

Elemental Technologies Raises $13M

Portland-based Elemental Technologies, which develops video transcoding hardware which takes advantage of GPUs (graphical processing units) to accelerate the transcoding process, has raised $13M in a new funding round, the firm is announcin...

READ MORE...
Friday, May 4, 2012

Ignition Partners Leads Round In WePay

Another day, another Seattle venture capital investor making investments in Silicon Valley. This time, it's Bellevue-based Ignition Partners which is leading a Series C financing round for online payments firm WePay, which is based in Palo...

READ MORE...
Tuesday, May 1, 2012

Coinstar Boosts Cell Phone Trade-In Kiosk Maker EcoATM

Seattle-based Coinstar is upping it investment in a maker of kiosks used to help people trade in their old cell phones for cash, store credit, or gift cards. EcoATM, whose kiosks are used to encourage cell phone trade-ins, has raised $17M i...

READ MORE...
Tuesday, May 1, 2012

SEOmoz Raises $18M

Seattle-based SEOmoz, the provider of search engine optimization tools and services headed by Rand Fishkin, has raised $18M in a venture financing. The round came from Foundry Group and Ignition Partners. As part of the funding, Brad Feld f...

READ MORE...
Monday, April 30, 2012

Ben Huh's Circa Gets $750K To Rethink News

A new startup, Circa, co-founded by Ben Huh, the CEO of Seattle-based Cheezburger Network, has raised $750,000 in a seed funding round. The stealthy startup raised funding from eonCapital, Quotidian Ventures, David Cohen and David Tisch of ...

READ MORE...
Thursday, April 26, 2012

Cadence Biomedical Raises $1.1M

Seattle-based Cadence Biomedical, a developer of medical devices to help people with severe disabilities to walk, said this morning that it has raised $1.1M in a Series A2 funding round. The funding came from the Sand Hill Angels, Tech Coas...

READ MORE...
Wednesday, April 25, 2012

CoinLab Gets $500,000

Seattle-based CoinLab, a developer of virtual currency products based on the Bitcoin standard, said earlier this week that it has raised $500,000. The investment came from Draper Associates and Geoff Entress. Bitcoin is a peer-to-peer, digi...

READ MORE...
Wednesday, April 25, 2012

Symform Raises $11M

Seattle-based Symform, which operates an online cloud storage and backup service, has scored new funding for its service this morning, saying that it has raised $11M in a Series B funding round. The new funding came from existing investors ...

READ MORE...
Tuesday, April 24, 2012

Chirpify Gets $1.3M For Twitter Commerce

Portland-based Chirpify, a startup developing a way for Twitter users to directly exchange and pay for goods through the Twitter system, announced today that it has raised $1.3M in a Series A funding round. The firm, which is headed by Chri...

READ MORE...
Friday, April 20, 2012

Angel Oregon Invests $344,000 In Firms

The Oregon Entrepreneurs Network awarded $344,000 in investments this week, after unveiling the winners of its Angel Oregon 2012 investment competition. According to the OEN, the winner of the competition was Chez Gourmet from Marie, a heal...

READ MORE...
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...

READ MORE...
Thursday, April 19, 2012

Big Fish Games Issues Equity As Part Of Acquisition

Seattle-based Big Fish Games, the developer of casual gaming software, has issued $11.2M in equity, with an additional $3.4M in earn-out, related to an acquisition of Self Aware Games, a regulatory filing by the firm indicates this week. B...

READ MORE...
Thursday, April 19, 2012

Alder BioPharmaceuticals Lands $38M

Bothell-based Alder BioPharmaceuticals, a developer of technology for developing antibodies used in treating cancer, autoimmune diseases, and other diseases, has raised $38M in a Series D funding round, the company said this morning. The fu...

READ MORE...
Wednesday, April 18, 2012

Ignition-backed Splunk Bumps IPO Pricing Range

In a sign of demand for the shares of Splunk, the venture-backed developer of enterprise indexing software which is backed by local investor Ignition Partners, Splunk has revealed in a filing that it is upping its estimated IPO pricing rang...

READ MORE...
Wednesday, April 18, 2012

ReadyPulse Spins Out Of Moxie With Funding, CEO

Bellevue-based ReadyPulse, a developer of tools to help companies find brand advocates through social media, has raised an initial round of funding, and appointed a CEO, the company said Tuesday. The firm--a spinout of Moxie Software--did n...

READ MORE...
Monday, April 16, 2012

Opanga Networks Gains $6M

Seattle-based Opanga Networks said Monday that it has raised $6M in a new financing round. The developer of network optimization products for improving the quality of mobile video, said the funding was led by Pacific Wireless Ventures, and ...

READ MORE...
Thursday, April 12, 2012

Nordstrom Backs Bonobos

Seattle-based department store retailer Nordstrom said Thursday that it is backing New York-based online men's retailer Bonobos. According to Bonobos, it raised $16.4M in a Series C1 funding, which also included Accel Partners and Lightspee...

READ MORE...
Thursday, April 12, 2012

Beamit Raises $2.4M For Overseas Payments

Seattle-based Beamit, which is developing an overseas payment and remittance service, has raised $2.4M. The funding came from the Founder Co-Op, TomorrowVentures, and Bezos Expeditions. BeamIt was founded by Matt Oppenheimer, and is looking...

READ MORE...
Monday, April 9, 2012

Rover.com Raises $3.4 For Dog Sitting Marketplace

Seattle-based Rover.com said this morning that it has raised $3.4M in a Series A funding, to make it easier for dog owners to find a pet sitter. The firm said that the funding round was led by Madrona Venture Group, which also included Crun...

READ MORE...
Thursday, April 5, 2012

TIXIE Launches Live Music Tickets Startup

Wishing you could win a ticket for a local concert? Interested in learning about new bands? That's the idea behind Portland-based TIXIE, a new startup which said Wednesday that it has landed a new round of investment. Size of the investment...

READ MORE...
Tuesday, April 3, 2012

BigDoor Raises $5M

Seattle-based BigDoor, the developer of website gamification tools, said today that it has raised $5M in a new round of funding. The round was led by Foundry Group, an existing investor in the company. BigDoor develops software which makes ...

READ MORE...
Monday, April 2, 2012

Digital Fortress Buys Two Data Center Firms

Seattle-based Digital Fortress, a brand new company backed by Halyard Capital, Meritage Funds and Sweetwater Capital, said Friday that tit has acquired the data center businesses of digital.forest, Inc. and Fortress Colocation Services. The...

READ MORE...
Monday, March 26, 2012

Opscode Raises $19.5M

Seattle-based OPscode, the developer of cloud infrastructure automation and management software, said this morning that it has raised $19.5M in a Series C funding round. The round was led by Ignition Partners, and also included Battery Vent...

READ MORE...
Tuesday, March 20, 2012

FutureAdvisor Finds Funding

Seattle-based FutureAdvisor, a new startup headed by Bo Lu, said this morning that it has scored a round of funding for the firm, from Sequoia Capital, Keith Rabois, and Jeremy Stoppelman. The startup is developing an online service to help...

READ MORE...
Thursday, March 15, 2012

Apptio Raises Massive, $50M Round

Seattle-based Apptio, the developer of IT management software headed by Sunny Gupta, has just closed on a massive, $50M funding round, the firm said Thursday afternoon. The company said that the Series D funding round came from T. Rowe Pric...

READ MORE...
Thursday, March 15, 2012

Placed Finds $3.4M

Seattle-based Placed, the provider of location-based analytics software which was previously known as Sewichi, said today that it has raised a $3.4M, Series A funding round. The funding was led by Madrona Venture Group, and included Shane A...

READ MORE...
Monday, March 12, 2012

HemaQuest Pharmaceuticals Taps Into $13M More

HemaQuest Pharmaceuticals, which is developing small molecule therapeutics for treating hemoglobain disorders such as sickle cell disease, said today that it has raised $13M in a Series B extension financing. The firm, which has its researc...

READ MORE...
Thursday, March 8, 2012

Drawn to Scale Pulls Up Funding

Seattle-based Drawn To Scale, a new startup developing "big data" software, said today that it has raised an initial round of funding. The funding came from RTP Ventures, IA Ventures, and SK Ventures. The firm, which is headed by former Vis...

READ MORE...
Monday, March 5, 2012

Portland Seed Fund Names New Class

The Portland Seed Fund accelerator announced its new class of startups on Friday, adding eight new companies to its list of firms. According to the group, which is led by Jim Huston and Angela Jackson, the new firms in the program include B...

READ MORE...
Wednesday, February 29, 2012

X2IMPACT Finds Funding For Sports Safety

Seattle-based X2IMPACT, a developer of devices used to measure the force of head impacts in contact sports, has scored a round of venture capital funding. Amount of funding was not disclosed. The funding came from Kodiak Financial Group. X2...

READ MORE...
Wednesday, February 29, 2012

CUI Global Gets $10M In PIPE

Publicly held, Tualatin, Oregon-based CUI Global, a developer of power supplies and other products for the telecom and networking market, as well as products for the energy market, said today that it has raised $10M in an equity funding rou...

READ MORE...
Thursday, February 23, 2012

Buteeq Raises $2M

Seattle-based Buteeq, the startup providing social marketing and web site management to hotels, has raised $2M in funding from a number of angel investors. Buteeq's service provide online, mobile, and social features to help hotels -- parti...

READ MORE...
Thursday, February 23, 2012

Northwest Energy Angels Invests $880,000 In Nine Firms

The Northwest Energy Angels, the energy focused, organized angel investment group, said this week that it has invested $880,000 across nine cleantech companies during 2011, as part of its efforts to help build a vibrant cleantech community ...

READ MORE...
Wednesday, February 22, 2012

Integrated Diagnostics Lands $10M

Seattle-based Integrated Diagnostics, the developer of molecular diagnostic products, said this morning that it has closed on $10M in a third tranche of its Series A financing. The funding was led by Interwest Partners, and also included Th...

READ MORE...
Tuesday, February 14, 2012

nFluence Media Lands $3M

Seattle-based nFluence Media, a new startup which helps users control the flow of advertising, deals, and other media being sent to their inboxes, said today that it has raised $3M in a funding round. The round came from the Alliance of Ang...

READ MORE...
Tuesday, February 14, 2012

SpaceCurve Raises $2.7M

Seattle-based SpaceCurve, a developer of "big data" software used to analyze massive ammount of geospatial data, said today that it has raised $2.7M in funding. The round came from Reed Elsevier VEntures, Divergent Ventures, and Musea Ventu...

READ MORE...
Monday, February 13, 2012

Microsoft, GE Plan Healthcare IT Joint Venture

Redmond-based Microsoft and General Electric Co. said this morning that they are launching a new, joint venture called Cardigm. The two said the 50-50 joint venture will focused on healthcare IT, which it says will help health professionals...

READ MORE...
Tuesday, February 7, 2012

Vulcan Capital Backs Personalized Medicine Firm

Seattle-based Vulcan Capital is one of the investors in a developer of personalized medicine products. According to Applied Proteomics, which is based in San Diego, California, Vulcan joined Domain Associates and un-named angels in investin...

READ MORE...
Tuesday, February 7, 2012

Spoken Communications Raises $11.5M

Bellevue-based Spoken Communications has raised $11.5M in a Series B funding round, the company said this morning, to further develop its cloud software for contact centers. The firm said the funding was led by Ignition Capital, and also in...

READ MORE...
Monday, February 6, 2012

Concordia Coffee Raises $6.5M

Bellevue-based Concordia Coffee Systems, which manufacturers self-serve commercial espresso systems, has raised $6.5M in a new financing round, the company said today. The funding was led by Marker Hill Capital, and also included Fluke Capi...

READ MORE...
Friday, January 27, 2012

Cozi Raises $3.0M

Seattle-based Cozi, the developer of a family calendaring service headed by Robbie Cape, has raised $3.0M, part of an ongoing $4.3M fundraising effort by the company, according to a regulatory filing by the firm yesterday. Source of the fun...

READ MORE...
Tuesday, January 24, 2012

Symform Raises $2.0M For Cloud Storage Service

Seattle-based cloud storage provider Symform said today that it has raised $2.0M in a funding round, from WestRiver Capital. The funding is part of its Series A funding, bringing the total raised in that round to $7.5M. Symform, which is he...

READ MORE...
Tuesday, January 24, 2012

Finsphere Gets $11.3M

Bellevue-based Finsphere, a developer of identity analytics technology used to secure wireless customers, said Monday afternoon that it has raised $11.3M in an investment. The round was led by Vodafone Ventures. Finsphere siad that Vodafone...

READ MORE...
Friday, January 20, 2012

Venture Totals Drop In Region

Venture capital totals in the Washington and Oregon plummeted in Q4 of 2011, according to the numbers released by PricewaterhouseCoopers and the National Venture Capital Association (NVCA) last night, with only $136.57M being raised in the ...

READ MORE...
Thursday, January 19, 2012

Cadence Biomedical Lands $750K

Seattle-based Cadence Biomedical, a developer of an early stage medical device to help people with disabilities to walk, has raised $750,000 in a funding, according to lead investor HealthTech Capital. HealthTech said it invested over $300,...

READ MORE...
Wednesday, January 18, 2012

VendScreen Scores $12M

Portland-based VendScreen, a startup developing a video screen product for vending machines which provides credit card payment support, nutritional information, and advertising, said Tuesday that it has raised $12M in an investment round. S...

READ MORE...
Wednesday, January 18, 2012

Ignition Backs Symplified

Seattle-based Ignition Partners has led an investment in a developer of cloud-based, identity management software. According to Symplified, it raised $20M in the round led by Ignition, and also included its prior investors, Allegis Capital,...

READ MORE...
Wednesday, January 18, 2012

Walk Score Gets $1.7M

Seattle-based Walk Score, the developer of software to calculate the "walkability" of neighborhoods and homes, has raised $1.7M, part of an ongoing, $2.35M funding round, according to a regulatory filing by the company. Details on the fundi...

READ MORE...
Wednesday, January 18, 2012

PivotLink Lands $13M More

Seattle-based PivotLink, a provider of software-as-a-service for managing retail businesses, has raised another $13M in funding, according to the firm. The new funding came from Trident Capital, Emergence Capital Partners, Starvest Partners...

READ MORE...
Friday, January 13, 2012

Maveron Promotes Stoffer To Partner

Seattle-based venture investor Maveron has promoted Jason Stoffer to Partner at the firm, the company said Thursday, from his prior role as Principal. Stoffer has been at Maveron since 2007, and has been involved in such companies as zulily...

READ MORE...
Friday, January 13, 2012

Ignition Backed Splunk Files For IPO

Splunk, a developer of real time indexing software backed by Seattle's Ignition Partners, has filed for an IPO. Splunk said it is planning to raise up to $125M in an IPO as SPLK in an S-1 filing Thursday. Ignition owns about 20.7 percent of...

READ MORE...
Thursday, January 12, 2012

Portland Seed Fund Gets $200K More

The Portland Seed Fund, the seed investing fund backed by the City of Portland, has just scored $200,000 more in funding from the Portland Development Commission for its investment efforts. According to The Oregonian, the fund now has $3M t...

READ MORE...
Tuesday, January 10, 2012

Madrona Promotes Jacobson, Jordan, and Porter

Seattle-based venture capital investor Madrona Venture Group announced this morning that it has promoted Scott Jacobson, Len Jordan and Tim Porter to Managing Director. Jacobson has been at Madrona since 2007, Jordan joined in 2010, and Por...

READ MORE...
Monday, January 9, 2012

EveryMove Lands $375K

Seattle-based Everymove, the health and fitness tracking service co-founded by Marcelo Calbucci and Russell Benaroya, has raised $375,000 in an angel funding round, according to a regulatory filing from the firm Monday. Source of the new fu...

READ MORE...
Monday, January 9, 2012

Founder's Co-op Raises Second Fund

Seattle-based Founder's Co-op, the early stage, angel fund led by TechStars Seattle's Andy Sack, has just raised $8M for its second fund, according to a regulatory filing from the fund. According to the filing, there were more than 66 inves...

READ MORE...
Monday, January 9, 2012

Uptake Medical Raises Funding Round

Uptake Medical, the developer of treatment for emphysema, has raised a Series C round of funding, the firm said this morning. The company--which has offices in Seattle, but which recently moved its headquarters to Southern California--did n...

READ MORE...
Friday, January 6, 2012

Ignition Backs Flotype

Seattle-based venture capital firm Ignition Partners is backing a Silicon Valley startup, Flotype, developing real time communications software for enterprise applications. Flotype said Thursday that it has raised $1.4M in a seed funding ro...

READ MORE...
Wednesday, January 4, 2012

Vizify Gets $1.2M

Portland-based Vizify, which is working on a service it says will create a highly visual, interactive profile of users based on their social media usage, has raised $1.2M in a seed funding round. The round included Jonathan Sposato (Picnik)...

READ MORE...
Friday, December 30, 2011

Scope 5 Finds Funding

Seattle-=based Scope 5, a provider of web-based software for managing environmental sustainability and energy data, said Thursday afternoon that it has raised a first round of outside funding. Size of the round was not announced. The firm ...

READ MORE...
Thursday, December 22, 2011

Cloudability Raises $1.1M

Portland-based Cloudability, which develops cloud management software, announced today that it has raised $1.1M in a seed investment round. The round was led by Trinity Ventures and Walden VC, and also included local Portland angel investor...

READ MORE...
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 ...

READ MORE...
Tuesday, December 20, 2011

Ignition Funds Keas

Bellevue-based Ignition Partners has co-led a funding in a developer of social games, aimed at boosting employee wellness. According to Keas, it raised $6.5M in a Series B funding, led by Atlas Ventures and Ignition Partners, which will go ...

READ MORE...
Monday, December 19, 2011

Agilyx Lands $25M

Beaverton-based Agilyx, a developer of a process to convert waste plastics into crude oil, said today that it has raised $25M in a Series C funding round. The round was led by Keating Capital, and also included prior investors Kleiner Per...

READ MORE...
Friday, December 16, 2011

Digital Lifeboat Adds $1.0M

Redmond-based Digital Lifeboat, a provider of an online backup service, has raised another $1.0M, according to a regulatory filing from the firm this week. Digital Lifeboat offers an unlimited cloud based backup service for PC users. Detail...

READ MORE...
Friday, December 16, 2011

Pirq Raises $1.95M

Kirkland-based Pirq, the mobile restaurant coupon site run by James Sun, said Thursday that it has raised $1.95M in a new round of funding. The funding came from Rally Capital. Pirq is Sun's latest startup, and offers users location-based d...

READ MORE...
Wednesday, December 14, 2011

Xeround Gets $9M

Xeround, a developer of cloud-based, MySQL database services, said today that it has raised $9M in a Series C found, which included local investors Ignition Partners and Trilogy Partnership. The firm--which had previously had its U.S. headq...

READ MORE...
Wednesday, December 14, 2011

Maveron Backs Pet Insurance Firm Trupanion

Seattle-based venture capital investor Maveron has backed a provider of pet insurance, Trupanion, which has its U.S. offices in Seattle but is based in Vancouver. Trupanion said it raised $9M, from Maveron's Highland Consumer Fund. Maveron ...

READ MORE...
Tuesday, December 13, 2011

OEN Extends Angel Oregon Deadline

The Oregon Entrepreneurs Network said Tuesday that it is extending its deadline to apply for its Angel Oregon 2012 competition. The competition--which will award more than $200,000 in angel investment to the top company--looks to identify p...

READ MORE...
Monday, December 12, 2011

Groove Biopharma Lands $6M

Seattle-based Groove Biopharma, a biopharmaceuticals startup focused on microRNA, said Monday that it has raised $6M in a Series B funding. The firm--formerly known as Mirina--said the funding came from Alexandria Venture Investments, ARCH ...

READ MORE...
Friday, December 9, 2011

CrowdCompass Raises $1.3M

Portland-based CrowdCompass, a developer of a customizable, mobile apps for conferences and events, said Thursday that it has raised $1.3M in a funding round. The round came from the Alliance of Angels and Oregon Angel Fund. CrowdCompass is...

READ MORE...
Thursday, December 8, 2011

Microsoft, GE Create New Healthcare Joint Venture

Redmond-based Microsoft and GE said late Wednesday that they are creating a new, 50-50 joint venture, to aim at the healthcare IT business. According to the two companies, the new joint venture will be based in Redmond, and will incorporate...

READ MORE...
Wednesday, December 7, 2011

Ignition Partners Ramps Cloud Investments

In what looks to be a surge of cloud software investments, Seattle-based Ignition Partners has backed another cloud software firm today, Iron.io. Ignition is part of a $1.4M, seed funding round which was led by Baseline Ventures, and which ...

READ MORE...
Wednesday, December 7, 2011

DreamBox Learning Lands $11M

Bellevue-based DreamBox Learning, the developer of adaptive learning software for elementary school students, said today that it has raised $11M in a new funding round. The round came from Charter School Growth Fund, the fund run by Netflix...

READ MORE...
Wednesday, December 7, 2011

Bezos Backs Uber

Jeff Bezos, the founder of Amazon.com, has made an investment in Uber, the personalized private car service, via his investment arm today. Bezos Expeditions is one of the new investors in a $32M funding round for San Francisco-based Uber, w...

READ MORE...
Tuesday, December 6, 2011

PDF Software Firm Foxit Boosted By Amazon

Seattle-based Amazon.com looks to be working on adding the ability for its Kindle reader to read PDF files today, as it made a strategic investment in Foxit, a developer of PDF creation and reading software. Foxit said that Amazon invested ...

READ MORE...
Tuesday, November 29, 2011

Puppet Labs Gets Backing of VMware, Google, and Cisco

Portland-based Puppet Labs, the developer of open source systems and server administration software, said today that VMware, Google, and Cisco have backed the firm in an $8.5M, Series C funding round. The round also included Kleiner Perkins...

READ MORE...
Wednesday, November 16, 2011

Urban Airship Gets Backing From Intel

Portland-based Urban Airship and Intel Capital announced yesterday that Intel Capital has made an investment in Urban Airship, as part of the earlier, $15.1M Series C funding the firm announced this month. Urban Airship had announced the de...

READ MORE...
Wednesday, November 16, 2011

Ignition Partners Backs Cloud Firm ServiceMesh

Seattle-based venture capital firm Ignition Partners is having a busy month, and is backing a developer of cloud management software, ServiceMesh, this time in Southern California. ServiceMesh said this morning that it raised $15M in a fund...

READ MORE...
Monday, November 14, 2011

Meridian Gets Seeded

Portland-based Meridian, a developer of location-based, mobile software, said Monday that it has scored $1M in funding, from the Oregon Angel Fund and Bellingham Angels Group. Meridian develops location-based applications for iOS and Androi...

READ MORE...
Thursday, November 10, 2011

Ignition Funds 19-Year Old Entrepreneur

In its third investment in Silicon Valley this week, Seattle venture capital firm Ignition Partners has backed a 19-year old entrepeneur with big plans in the social gaming space. Ignition is one of a long list of investors in San Francisc...

READ MORE...
Wednesday, November 9, 2011

Ignition Ventures Into Parse

Seattle-based Ignition Partners, in a busy week investing in Silicon Valley companies, has led an investment in San Francisco-based Parse, which develops mobile backend software. Parse announced Wednesday that it raised $5.5M in a funding r...

READ MORE...
Tuesday, November 8, 2011

Clipboard Raises $1.43M

Bellevue-based Clipboard, a stealth mode startup developing a service to save and share web pages, has raised $1.43M in a funding round, from Andreessen Horowitz, Index Ventures, CrunchFund, Draper Fisher Jurveston, SV Angel, BEtaworks, Fir...

READ MORE...
Monday, November 7, 2011

Ignition Backs Cloudera

Seattle-based venture capital firm Ignition Partners is the lead on the investment in a Silicon Valley developer of "big data" software. According to Burlingame, California-based Cloudera, it just received $40M in a Series D round, led by F...

READ MORE...
Monday, November 7, 2011

NanoString Technologies Lands $20M

Seattle-based NanoString Technologies, a developer of life sciences tools, said today that it has raised $20M in a Series D equity funding round. The round came from GE, BioMed Ventures and Henri Termeer (former CEO of Genzyme Corporation),...

READ MORE...
Monday, November 7, 2011

Urban Airship Scores $15.1M

Portland-based Urban Airship, the developer of mobile applications, said today that it has raised $15.1M in a Series C funding round. The round included salesforce.com and Verizon, along with existing investors Foundry Group and True Ventur...

READ MORE...
Thursday, October 27, 2011

Vulcan Backs Mobile Ad Firm

Seattle-based Vulcan Capital, the venture capital arm of Paul G. Allen, has led an investment in a Silicon Valley mobile advertising firm, 4INFO. 4INFO said Thursday that it has added $14M in an additional round of financing for the company...

READ MORE...
Thursday, October 27, 2011

Redfin Raises $14.8M

Seattle-based real estate website Redfin said this morning that it has raised $14.8M in a new funding round. The round was led by Globespan Capital Partners, and also included prior investors Madrona Venture Group, Vulcan Capital, Draper F...

READ MORE...
Wednesday, October 26, 2011

Brammo Gets $28M For Electric Motorcycles

Ashland, Oregon-based Brammo, the maker of electric motorcycles and electric vehicle technology, said today that it has raised $28M in a Series B funding round. The round was led by Polaris Industries, and also included Alpine Energy and No...

READ MORE...
Tuesday, October 25, 2011

Zaarly Finds $14.1M More

Zaarly, the mobile, location-based marketplace spun out of Startup Weekend which has a number of Seattle connections, has raised $14.1M in a new funding round. The round came from Kleiner Perkins Caufield & Byers iFund, Sands Capital Ventur...

READ MORE...
Friday, October 21, 2011

Impel NeuroPharma Raises $500K In Series B

Seattle-based Impel Neuropharma, a developer of biomedical devices, has raised $500,000 in a Series B, angel funding round, the firm said Thursday. Names of those angel investors were not detailed. Impel Neuropharma is developing a medical ...

READ MORE...
Wednesday, October 19, 2011

VisionGate Raises $2M For Lung Cancer Detection

VisionGate, a developer of non-invasive tests for lung cancer, said today that it has raised $2M out of a $3M funding round. The firm, which has research and development offices in Seattle near the University of Washington, did not disclose...

READ MORE...
Tuesday, October 18, 2011

Cozi Adds $2.4M

Seattle-based Cozi, the developer of a family scheduling and coordination application and service, has raised $2.47M out of a $7.1M funding round, according to a regulatory filing by the firm Monday. Source of the new funding was not disclo...

READ MORE...
Friday, October 7, 2011

Newline Raises $1.3M

Seattle-based Newline Software has raised $1.3M in a third round of funding, for its online data storage service, according to reports. The firm, which is headed by Kory Gill and Marius Nita, disclosed the funding to Reuters Friday. Both Gi...

READ MORE...
Monday, October 3, 2011

Banyan Branch Finds $1.7M

Seattle-based Banyan Branch, a provider of social media marketing services, said this morning that it has raised $1.7M in a growth funding round. The funding came from Bob Gay (Huntsman Gay Global Capital), Bill Bryant (Draper Fisher Jurvet...

READ MORE...
Thursday, September 29, 2011

Madrona, Amazon Boost Ad Technology Firm

Seattle-based Madrona Venture Group and Amazon.com have both re-upped their investment in a New York-based ad technology firm, Yieldex, Yieldex said this morning. Yieldex said it has raised $10M in a third round of funding, led by Triangle ...

READ MORE...
Tuesday, September 27, 2011

Galena Biopharma Gets $2.5M, Sets Up Shop In Portland

Galena Biopharma, a new company borne out of the split of Worcester, Mass-based RXi Pharmaceuticals, said yesterday that it has set up shop in Portland, and received $.5M in an institutional funding round. RxI Pharmaceuticals, a publicly tr...

READ MORE...
Thursday, September 22, 2011

Visible Technologies Adds $4M

Bellevue-based Visible Technologies said this morning that it has added $4M in funding for the firm, from existing investors Investor Growth Capital, Ignition Partners, and Joe Grano. According to the firm, the funding will go to expand opp...

READ MORE...
Wednesday, September 21, 2011

Microsoft Boosts Adchemy

Bellevue-based Microsoft Corp. has made an investment in a developer of tools for placing search engine advertising. According to Silicon Valley-based ad technology firm Adchemy, it has inked a strategic deal with Microsoft Advertising, whe...

READ MORE...
Wednesday, September 21, 2011

TechStars Finds $24M, Ups Per Company Funding To $100K

TechStars, the venture acceleration program which is run in the Seattle area by Andy Sack, said today that it has scored $24M in a new funding round, which will allow the group to invest up to $100,000 in each of its graduates. The firm sai...

READ MORE...
Friday, September 16, 2011

Symform Raises $1.0M

Seattle-based Symform, which provides cloud data storage services, has raised $1.0M in a venture funding round, according to a regulatory filing by the firm this week. The filing indicates the round is part of an ongoing, $1.5M funding effo...

READ MORE...
Wednesday, September 14, 2011

OpenSesame Conjures Up $2M

Portland-based OpenSesame, a developer of an online, elearning marketplace, has raised $2M in a funding round, the firm announced this week. The funding round came from Harmony Investments, as well as funding from winning the Angel Oregon 2...

READ MORE...
Tuesday, September 13, 2011

RF Surgical Systems Finds $12M

Bellevue-based RF Surgical Systems, a developer of systems used to keep track of surgical sponges within patients, said Tuesday that it has raised $12M in a new fundraising round. The round was led by Split Rock Partners, and also included ...

READ MORE...
Tuesday, September 13, 2011

Avalara Raises $7M More

Bainbridge Island-based Avalara, a developer of e-commerce software used for managing sales tax collection, has raised another $7M in funding, according to a regulatory filing from the firm. The filing indicates the funding is an extension ...

READ MORE...
Thursday, September 8, 2011

Theraclone Sciences Snags $10.6M More In Series B

Seattle-based Theraclone Sciences, a biotechnology firm focused on developing therapeutic antibodies for treating infectious disease and cancer, said Thursday that it has raised $10.6M in a Series B funding round. The round came from prior ...

READ MORE...
Tuesday, September 6, 2011

G2 Web Services Gets Strategic Investment

Bellevue-based G2 Web Services, a provider of merchant compliance management and e-commerce risk management, said Tuesday that it has scored a strategic investment from Primus Capital. Size of the new investment round was not disclosed. G2 ...

READ MORE...
Tuesday, September 6, 2011

Mashape Gets Funding From Bezos, Ignition

Jeff Bezos, the founder of Amazon.com, and Seattle-based investor Ignition Partners have both invested in an online service which connects developers with application programming interfaces (APIs). According to Mashape, it has just landed $...

READ MORE...
Thursday, September 1, 2011

Tango Card Bumps Funding To $1.0M

Seattle-based Tango Card, a firm which provides a more flexible gift card, has bumped its funding to $1.0M, according to a regulatory filing by the firm this week. The filing indicates the company is in the process of raising $2.0M. No deta...

READ MORE...
Wednesday, August 31, 2011

Viableware Gets Nearly $1M

Kirkland-based Viableware, a developer of digital bill presentation software for restaurants, has raised $956,072 in an angel funding round, according to a regulatory filing from the firm. Viableware is headed by Joseph Snell. Viableware's ...

READ MORE...
Friday, August 26, 2011

Centri Technology Raises $1.5M

Seattle-based Centri Technology, a developer of technology for reducing mobile network congestion, has raised $1.5M more in funding, according to a regulatory filing by the firm Friday. Source of the new funding was not disclosed. Centri ha...

READ MORE...
Friday, August 26, 2011

Teradici Raises $15M

Burbaby, BC-based Teradici, a developer of chipsets which enable the remote control of PC equipment over a network, has raised $15M in a new funding round, according to a regulatory filing from the firm. Details on the new round have not ye...

READ MORE...
Tuesday, August 23, 2011

Bezos Expeditions Backs Low Cost 3D Printer Maker

Bezos Expeditions, the venture capital arm of Amazon.com founder Jeff Bezos, is one of the investors in a 3D printer firm. MakerBot, a New York-based company developing low cost, 3D printing technology, said it raised $10M in a funding roun...

READ MORE...
Tuesday, August 23, 2011

ClearEdge Power Gains $73.5M

Hillsboro, Oregon-based ClearEdge Power, the manufacturer of fuel cell energy systems, announced this morning that it has raised $73.5M in a financing round. The round was a Series E funding, and was led by new investor Artis Capital Manage...

READ MORE...
Monday, August 22, 2011

nLight Gains $17.5M More

Vancouver, Washington-based nLight, a developer of high power, semiconductor lasers, said last week that it has raised $17.5M in a Series E financing round. The round brings the company's total raised to around $110M. nLight said the fundin...

READ MORE...
Monday, August 22, 2011

Medify Gets $1.8M

Seattle-based Medify, a developer of a consumer health information service, said last week that it has launched the firm, and raised a total of $1.8M in a Series A funding. Medify develops an online service which helps patients probe a data...

READ MORE...
Friday, August 19, 2011

NanoICE Raises $2.0M

Bothell-based NanoICE, a developer of food preservation technology, has raised nearly $2.0M in a funding round, according to a regulatory filing by the firm this week. According to the filing, the firm has raised $1,986,237 out of a $3.0M e...

READ MORE...
Wednesday, August 17, 2011

SEOmoz Eyes $25M, Says Report

Seattle-based search engine optimization firm SEOmoz, which is headed by Rand Fishkin, is reportedly looking to raised $25M in a funding round. The details of the search for funding came after an incorrect news post by VentureBeat, which sa...

READ MORE...
Monday, August 15, 2011

BankSimple Gets $10M More

BankSimple, which is developing a new "personal banking" service and has operations in Portland, said last week that it has raised $10M in additional funding. The funding came from IA Ventures, and also included new investor Shasta Ventures...

READ MORE...
Thursday, August 11, 2011

AppFog Raises $8M

Portland-based AppFog, which develops a platform-as-a-service (PaaS) to host PHP applications in the cloud, said Thursday that it has raised $8M in a funding round. The round was led by Ignition Partners, represented by Frank Artale. The ro...

READ MORE...
Thursday, August 11, 2011

Ignition Backs Couchbase

Seattle-base venture capital firm Ignition Partners has backed a Silicon Valley software development firm, Couchbase. Couchbase said earlier this week that Ignition led its $14M, Series C funding round. Other investors in the round included...

READ MORE...
Wednesday, August 10, 2011

Cedexis Raises $6M

Portland-based Cedexis, a developer of cloud performance monitoring and optimization software, said Wednesday that it has raised a round of funding worth $6M. The round came from Madrona Ventures and Advanced Technology Ventures both partic...

READ MORE...
Tuesday, August 9, 2011

Ignition Leads Investment in PaaS Firm

Seattle-based venture capital firm Ignition Partners is the lead investor in a New York-based developer of Platform-as-a-Service (PaaS) software. New York-based Apprenda said Tuesday that it raised $10M in a Series B led by Ignition. The ro...

READ MORE...
Wednesday, August 3, 2011

Lockerz Raises $36M

Seattle-based Lockerz, the social advertising firm headed by Kathy Savitt, said today that it has raised $36M in a Series C funding round. The round was led by DAG Ventures, and also included Kleiner Perkins Caufield & Byers and Live nation...

READ MORE...
Wednesday, August 3, 2011

Janrain Scores $15.5M

Portland-based JanRain, the developer of OpenID and other identity management software, announced today that it has raised $15.5M in a financing round. The round was led by Emergence Capital Partners, and also included Anthem Venture Partne...

READ MORE...
Wednesday, August 3, 2011

Former UW Child Prodigy Behind New Startup

A former child prodigy who graduated from the University of Washington at the age of 12 with three degrees, Andrew Hsu, is behind Silicon Valley's latest startup, Airy Labs, which announced a funding round today. Hsu, who entered the Univer...

READ MORE...
Tuesday, August 2, 2011

ChoozOn Gets $3.2M For Deal Discovery

Bellevue-based ChoozOn, an online startup focused on deal discovery and social shopping, said today that it has raised $3.2M in a Series A angel funding. According to the firm, the round was led by Michael Orsak of Worldview Technology Part...

READ MORE...
Monday, August 1, 2011

Simply Measured Gathers $750K

Seattle-based Simply Measured, the formerly known as Untitled Startup Inc., has raised $750,000 in a new round of funding, according to a regulatory filing form the firm. The funding came from Founders Co-Op and MHS Capital. The firm was co...

READ MORE...
Friday, July 29, 2011

Lucid Commerce Gets $8M

Seattle-based Lucid COmmerce, an advertising analytics company focused on television, said Friday that it has raised $8M in a Series C financing round. The round was led by Rho Ventures, and also included StarVest Partners, Positec USA, OVP...

READ MORE...
Friday, July 29, 2011

InEnTec Raises $20M

Bend, Oregon-based InEnTec, a developer of waste-to-fuel energy technology, said this week that it has raised $20M in a funding round, part of a $69M fundraising effort. Source of the new funding was not disclosed. The firm is developing pl...

READ MORE...
Tuesday, July 26, 2011

SeniorHomes.com Finds $3M

Seattle-based SeniorHomes, the operator of an online service to help families and seniors find housing and healthcare, has raised $3M in a Series B funding round. The round was led by MentorTech Ventures. SeniorHomes was founded by All Star...

READ MORE...
Tuesday, July 26, 2011

Varolii Snags $8M

Seattle-based Varolii, which develops interactive voice, text, and email systems for corporations, said this morning that it has raised $8M in a Series D funding round. The round came from current investors BlueRun Ventures, Draper Fischer ...

READ MORE...
Monday, July 25, 2011

Ignition Leads Funding In Motif Investing

Bellevue-based Ignition Partners has led an investment round in a developer of an online investment platform provider, Motif Investing. According to Motif, which is based in Silicon Valley, it has raised $20M in a Series B funding round. Th...

READ MORE...
Monday, July 25, 2011

INRIX Raises $37M

Kirkland-based INRIX, the provider of traffic information services, said today that it has raised $37M in a Series D funding round, led by Kleiner, Perkins, Caufield & Byers Green Growth Fund and August Capital. The firm, whose traffic data...

READ MORE...
Thursday, July 21, 2011

Bag Borrow or Steal Gets Funding, Drops Avelle Name

Seattle-based luxury handbag rental site Bag Borrow or Steal said yesterday that it has scored a new round of financing, worth $4M. The firm--which said it is changing its name from Avelle back to its original company name--said that the ne...

READ MORE...
Wednesday, July 20, 2011

Yapta Gets Funding From Concur

Seattle-based airfare and hotel price tracking service Yapta has just scored $5M in a strategic investment from Redmond-based Concur, the firms said today. According to Concur, the investment comes as part of an alliance where Concur will e...

READ MORE...
Tuesday, July 19, 2011

Washington, Oregon Firms Rake In $153.9M Venture Capital In Quarter

Firms in Washington and Oregon raised $153.9M in venture capital investments, according to the latest numbers 60.8M in venture capital investments in Q2, according to the latest numbers from PricewaterhouseCoopers and the National Venture...

READ MORE...
Friday, July 15, 2011

LiveMocha Targets $7.5M In Series C

Seattle-based LiveMocha, is looking to raise $7.5M in a Series C funding round, according to a regulatory filing from the firm yesterday, and has so far inked $5.0M in the funding round. The firm, which operates a site focused on learning ...

READ MORE...
Wednesday, July 13, 2011

Frazier Healthcare Portfolio Firm, Zeltiq, Files For IPO

A portfolio firm of Seattle-based Frazier Healthcare Ventures, has filed for an IPO this morning. Pleasanton, California-based Zeltiq Aesthetics, a developer of medical aesthetics technology for fat removal, has filed for an IPO on the NASD...

READ MORE...
Tuesday, July 12, 2011

Swype Adds $2.5M

Seattle-based Swype, the developer of touch-screen keyboard input software, said Tuesday that it has added $2.5M to the firm's Series C financing round. The round came from existing investors Samsung Ventures, Nokia Growth Partners, Benaroy...

READ MORE...
Monday, July 11, 2011

RealNetworks Invests In ClipSync

Seattle-based RealNetworks has invested in a social TV startup, Clipsync, the firm said this morning. Financial terms of the investment were not disclosed. According to Realnetworks, ClipSync is powering is online video and VIP programming ...

READ MORE...
Monday, July 11, 2011

Unsocial Kicks Off Fundraising Effort

Kirkland-based Unsocial, a location-based, networking service for business professionals, has kicked off a new, fundraising effort aimed at netting the firm around $760,000, according to a regulatory filing from the firm Friday. No details ...

READ MORE...
Thursday, July 7, 2011

Moprise Raises $500,000 For Mobile Collaboration

Bellevue-based Moprise, a developer of mobile collaboration and sharing apps for the iPhone, has raised $500,000 in a funding round. The round included the Alliance of Angels. The firm's lead product is Coaxion, an iPhone app which allows w...

READ MORE...
Thursday, July 7, 2011

Data Analytics Startup Gets Funding From Amazon

Seattle-based Amazon.com is the lead investor in a Silicon Valley data analytics startup. According to Campbell, California-based ParAccel, it has scored a new round of funding, led by Amazon.com. The round also included prior investors Men...

READ MORE...
Wednesday, July 6, 2011

PayScale Raises $7M More

Seattle-based ,a href="http://www.payscale.com">PayScale, the online site which allows users to see what companies are paying their employees, said yesterday that it has raised a new round of financing. The $7M in funding was led by SAP Ven...

READ MORE...
Friday, July 1, 2011

NanoString Targets $14M In Fundraising Effort

Seattle-based NanoString Technologies, the developer of genetic analysis hardware, appears to have kicked off an effort to raised $14M in a new round of funding, according to a regulatory filing by the firm yesterday. The filing indicates t...

READ MORE...
Friday, July 1, 2011

Puzzazz Gets Angel Funding

Redmond-based Puzzazz, a startup developing puzzles and puzzle games for the Kindle and online, said today that it has raised an angel round. The firm did not disclose the size of the round, however, GeekWire placed the round at $440,000. I...

READ MORE...
Wednesday, June 29, 2011

Amazon, Madrona-backed Animoto Scores $25M

Animoto, which operates an online service to help users to easily create video slideshows from their pictures and videos, has raised another $25M. The firm--which is backed by Amazon.com and Madrona Venture Group--said the new round was led...

READ MORE...
Wednesday, June 29, 2011

The Clymb Reaches $2M

Portland-based The Clymb, a daily deals site focused on outdoor products, said today that it has raised $2M in a Series A funding round. The round was led by the Oregon Angel Fund and also included Walden Venture Capital, J. Allard, and un-...

READ MORE...
Tuesday, June 28, 2011

Pressplane Gets $3.5M For Zapd

Seattle-based Pressplane, the firm headed by Kelly Smith and which is behind both Inkd and Zapd, has raised $3.5M in funding from Madrona Venture Group, Second Avenue, and RealNetworks' Rob Glaser, the firm said today. Glaser joins the firm...

READ MORE...
Monday, June 27, 2011

Atossa Raises $6.6M For Molecular Diagnostics

Seattle-based Atossa Genetics, a developer of molecular diagnostics for breast cancer, said this morning that it has raised $6.6M in a new funding round. Source of the new funding was not announced. The firm said the round was oversubscribe...

READ MORE...
Wednesday, June 22, 2011

Glympse Finds $7.5M

Redmond-based Glympse, which develops a location sharing application, said today that it has raised $7.5M in a series B funding round. The round was led by Menlo Ventures and Ignition Partners. The firm said the funding will go towards grow...

READ MORE...
Tuesday, June 21, 2011

Billing Revolution Gets Backing From Citigroup

Seattle- and San Francisco-based Billing Revolution said this morning that it has scored a strategic investment from Citi Ventures, the investment arm of Citigroup. Financial details of the investment were not disclosed. Billing Revolution ...

READ MORE...
Tuesday, June 21, 2011

Ignition Leads Investment In ScaleXtreme

Seattle-based Ignition Partners is the lead investor in a round for cloud systems management firm ScaleXtreme. According to ScaleXtreme, it just received an $11M, Series B investment led by Ignition's Frank Artale. ScaleXtreme's software is...

READ MORE...
Friday, June 17, 2011

Optimum Energy Raises $5M More

Seattle-based Optimum Energy, a developer of energy management software for the HVAC market, has scored another $5M in funding, according to a regulatory filing from the firm this week. Source of the new funding was not disclosed. Optimum E...

READ MORE...
Wednesday, June 15, 2011

Maveron Funds Handbag Firm

Seattle-based venture capital firm Maveron, as well as Blue Nile and Zulily co-founder Mark Vadon, have made an investment in a handbag company which sells its handbags through in-home parties. According to Maveron and handbag firm Gigi Hil...

READ MORE...
Monday, June 13, 2011

EquaShip Raises $900K

Seattle-based EquaShip, which operates a service to provide small and medium sized, e-commerce sellers with discounted shipping rates, said today that it has raised $900,000 in an investment round. Source of the new funding were angel inves...

READ MORE...
Monday, June 13, 2011

Golazo Raises $3.7M

Seattle-based Golazo, the developer of a sports energy drink, has raised $3.7M, according to a regulatory filing by the firm. Source of the funding was not announced by the firm, however, Geekwire said the funding came from Starbucks Chairm...

READ MORE...
Thursday, June 9, 2011

Stratos Adds $2.1M For Gene Sequencing Technology

Seattle-based Stratos Genomics said Wednesday that it has raised $2.1M in a new round of funding. The firm said the funding came from existing investors. The funding will go to continue development of the firm's DNA sequencing method, aimed...

READ MORE...
Wednesday, June 8, 2011

buuteeq Gets $3.5M More

Seattle-based buuteeq, which provides online marketing and advertising systems for independent hotels, announced today that it has raised $3.5M in a Series A funding round. The round was led by Mike Galgon and Geoff Entress, and also includ...

READ MORE...
Friday, June 3, 2011

Nimbic, Formerly Physware, Takes $6.9M

Bellevue-based electronic design automation software firm Phyware has renamed itself Nimbic, set up a Bay Area headquarters, and raised another $6.9M in funding, the firm revealed Thursday. Nimbic said that it has raised $6.(m in a funding ...

READ MORE...
Thursday, June 2, 2011

Maveron To Benefit From Groupon IPO

Daily deals site Groupon has filed for an IPO, offering up a possible early payout for Seattle venture firm Maveron. According to Groupon, via a filing today with the SEC, it is looking to raised up to $750M in an IPO under the symbol GRPN....

READ MORE...
Wednesday, June 1, 2011

ValueAppeal Raises $1.6M

Seattle-based ValueAppeal, which runs an online property tax appeal service, said today that it has raised $1.6M in a new funding round. The funding came from existing investors. The company said the new funding will go towards additional h...

READ MORE...
Wednesday, June 1, 2011

Act-On Gets $10M

Beaverton, Oregon-based Act-On Software, a developer of cloud-based, marketing automation software, said today that it has raised $10M in a Series C financing round. The round came from Trinity Ventures. According to the firm, the funding w...

READ MORE...
Wednesday, May 25, 2011

ShopIgniter Raises $8M

Portland-based Shopigniter, which develops social commerce software to help companies sell products via Facebook and other social channels, has raised $8M in funding. The new funding round came from Trinity Ventures and Madrona Venture Grou...

READ MORE...
Wednesday, May 25, 2011

Ignition Backs Android-On-Windows Startup

Bellevue-based Ignition Ventures has put its muscle behind a new startup, BlueStacks, developing technology to run Android applications on Windows. According to BlueStacks, which is based in the San Francisco Bay Area, it raised $7.6M in it...

READ MORE...
Friday, May 20, 2011

Adapx Raises $5M

Seattle-based Adapx, which develops digital pen capture software, is announcing this morning that it has raised $5M in a new venture funding round. The round include existing investors OVP Venture Partners, Paladin Capital Group, and Pelion...

READ MORE...
Tuesday, May 17, 2011

Resolve Therapeutics Gains $2M

Seattle-based Resolve Therapeutics, a new startup developing treatments for lupus, said today that it has raised $2M in a initial close of a Series A funding round. The round came from New Science Ventures and Easton Capital. Resolve Therap...

READ MORE...
Monday, May 16, 2011

Billing Revolution Raises $7.3M

Seattle-based Billing Revolution, a developer of mobile payment technology, has raised $7.3M as part of a $7.6M funding round, according to a regulatory filing by the firm today. According to the filing, the funding came from 13 investors. ...

READ MORE...
Thursday, May 12, 2011

ClearEdge Raises $5.0M In Debt Round

Hillsboro, Oregon-based ClearEdge Power has raised $5.0M in a debt funding round, according to a regulatory filing from the firm this week. The filing did not indicate the source of the new funds. ClearEdge develops fuel cell energy equipme...

READ MORE...
Monday, May 9, 2011

OVP Boosts Renewable Fuels Firm

Seattle-based OVP Venture Partners has re-upped its investment in renewable fuels firm Verdezyne, according to the company. Verdezyne, which is based in California, said it has scored a new round of funding. The new round included BP Altern...

READ MORE...
Thursday, May 5, 2011

Bezos Backs Fusion Power Firm

Bezos Expeditions, the investment firm of Amazon founder Jeff Bezos, has backed Burnaby, British Columbia-based General Fusion. General Fusion, which says it is commercializing fusion energy technology, said it raised $19.5M in a Series B r...

READ MORE...
Thursday, May 5, 2011

MicroVision Gets $40m Investment Commit

Redmond-based MicroVision, the developer of pico display projection technology, said today that it has secured a $40m committed equity financing facility. The firm said the deal will allow it to sell up to $40M in its common stock to Azimut...

READ MORE...
Wednesday, May 4, 2011

TechStars Seattle Ranks In Top Accelerators List

Techstars Seattle, the business mentoring and acceleration effort being run locally by Andy Sack, has scored a top spot in a listing of top venture acceleration programs in the US. The list, developed by Aziz Gilani from DFJ Mercury as part...

READ MORE...
Wednesday, May 4, 2011

ExtraHop Networks Confirms Fundraising

Seattle-based ExtraHop Networks, which develops application performance management tools for enterprise networks, confirmed its recent fundraising Tuesday afternoon. The firm confirmed that it had raised $14M in a Series B funding. The roun...

READ MORE...
Tuesday, May 3, 2011

VacuPractor Wins $25K From ZINO Society

Redmond-based VacuPractor, a developer of a device for lower back pain treatment, has scored $25,000 from the ZINO Life Fund, the ZINO Society said Monday evening. The ZINO Society said the funding came out of a presentation at the March li...

READ MORE...
Monday, May 2, 2011

ExtraHop Gets $15M More

Seattle-based ExtraHop, a developer of network appliances for managing application performance and health, has raised $14.0M in a new funding round, according to a regulatory filing by the firm Monday. The new round was led by Meritech Capi...

READ MORE...
Wednesday, April 27, 2011

SignalSet Raises $6M

Seattle-based SignalSet, a developer of wireless infrastructure products, said today that it has raised $6M in a funding round from Vanedge Capital, Point B Capital, Globespan Capital Partners and Razorback Capital. The firm said its softwa...

READ MORE...
Tuesday, April 26, 2011

Sewichi Gets Seeded

Seattle-based Sewichi, a startup developing mobile analytics software, said today that it has raised a seed round of funding. Amount of the funding was not disclosed. The round was led by Madrona Venture Group. Sewichi was founded and is he...

READ MORE...
Thursday, April 21, 2011

UpWind Solutions Gets $10M

Medford, Oregon-based UpWind Solutions, a provider of operations and maintenance solutions for utility-scale wind projects, has raised $10M in new funding, according to a recent regulatory filing by the firm. The filing indicates the funds ...

READ MORE...
Tuesday, April 19, 2011

Decide.com Gets $6M

Seattle-based Decide.com has scored $6M in a Series B funding, the firm said today. The firm, which is developing a consumer electronics shopping service, said the funding was led by Maveron, and also included Madrona Venture Group and ange...

READ MORE...
Monday, April 18, 2011

Concur Invests $40M In Indian Travel Site

Redmond-based Concur said this morning that it has invested $40M in an Indian travel site, ClearTrip, as part of a strategic alliance. Concur said the deal both includes the investment plus a marketing partnership with the firm, allowing it...

READ MORE...
Thursday, April 14, 2011

Pacific Northwest Sees $158.5M In VC Investments in Q1

The tally of venture capital investments in the Pacific Northwest for Q1 was released this evening by PricewaterhouseCoopers LLP (PwC) and the National Venture Capital Association (NVCA), based on data provided by Thomson Reuters, showing...

READ MORE...
Wednesday, April 13, 2011

Mirador Biomedical Raises $1.5M

Seattle-based Mirador Biomedical, a medical device firm, said this week that it has raised $1.5M in a Series B funding round. The round was led by WRF Capital and Summit Capital. The firm said the funds will go towards sales of its first tw...

READ MORE...
Tuesday, April 12, 2011

Lockerz Lands $30M

Seattle-based Lockerz, the social commerce and marketing firm headed by Kathy Savitt, has raised $30M in a new funding round, according to a regulatory filing by the firm today. The funding is part of an ongoing $45M fundraising effort for ...

READ MORE...
Monday, April 11, 2011

InfoSpace Adds Ignition's Hooper To Board

Bellevue-based InfoSpace announced Monday that it has added Steve Hooper, founding partner of venture capital firm Ignition Partners, to its board of directors. Hooper is the eighth board member for the firm, which says it is also seeking a...

READ MORE...
Thursday, April 7, 2011

ReliOn Adds $6M

Spokane-based ReliOn, a developer of fuel cell technology for backup power, said this week that it has raised an additional $6M in equity financing. The firm said the funding came from existing investors, but did not say which investors par...

READ MORE...
Wednesday, April 6, 2011

LivingSocial Raises $400M

online daily deals site LivingSocial said today that it has raised $400M in an investment from both new and existing investors. The new funding--which comes just four months after Seattle-based Amazon.com put $175M into the firm--brings the...

READ MORE...
Monday, April 4, 2011

Zapproved Gets $1.45M

Portland-based Zapproved, a developer of software-as-a-service focused on compliance, said Monday that it has raised $1.45M in a Series B funding round. The firm said the funding came from a group of angel investors, including Steven Singh,...

READ MORE...
Monday, April 4, 2011

Mpire Becomes AdXpose, Raises $3M

Seattle-based Mpire the online ad verification and optimization provider, is announcing today that it has changed its named to AdXpose, and raised $3M in a funding round. The firm's flagship product is AdXpose. The new funding was led by Dr...

READ MORE...
Friday, April 1, 2011

Agilyx Raises $22M

Tigard, Oregon-based Agilyx, a firm developing processes to convert waste plastic into oil, has raised $22M in funding in a Series B round. The round was led by Kleiner Perkins Caufield & Byers, and also included Waste Managing, Inc. and To...

READ MORE...
Thursday, March 31, 2011

Visible Technologies Scores $6M

Bellevue-based Visible Technologies, which develops services for social media brand monitoring, said today that it has raised $6M in a new funding round. The round came from current investors Investor Growth Capital (IGC), Centurion Holding...

READ MORE...
Thursday, March 31, 2011

Z2Live Raises $2.5M

Seattle-based Z2Live, a developer of mobile games, has raised $2.5M in a funding. The firm had earlier announced a Series B investment, but had not disclosed the amount of the funding. The details on the funding amount came via a regulatory...

READ MORE...
Thursday, March 31, 2011

NexPlanar Raises $10.1M

Hillsboro, Oregon-based NexPlanar, a provider of technology for the semiconductor manufacturing industry, has raised $10.1M, part of a new $10.5M funding round for the company, according to a regulatory filing by the firm Wednesday. Details...

READ MORE...
Tuesday, March 29, 2011

Bobber Finds $1.2M

Seattle-based Bobber Interactive, the developer of finance-focused, games for kids to help them save and manage their money, has raised $1.2M in a funding round, according to a regulatory filing from the firm Tuesday. Bobber Interactive's s...

READ MORE...
Tuesday, March 29, 2011

Physware Raises $6.9M

Bellevue-based Physware, a developer of electromagnetic modeling software for the verification and design of chips, packages, and boards in the area of microprocessor, memory, and other electronic designs, has raised $6.9M in new funding, a...

READ MORE...
Tuesday, March 29, 2011

Madrona Backs Indochino

Seattle-based Madrona Venture Group has led a round in a Vancounver, BC-based online retailer of custom menswear, Indochino. According to Indochino, it has raised $4M in a Series A round, led by Madrona and also including Burda Digital Vent...

READ MORE...
Friday, March 25, 2011

Thinkfuse Lands $500K

Seattle-based Thinkfuse, a new startup out of the TechStars Seattle program, has raised $500,000, according to multiple reports. The funding came from angel investors including Andy Sack, Ali and Hadi Partovi, and others....

READ MORE...
Tuesday, March 22, 2011

Coinstar Boosts Kiosk Firm SoloHealth

Bellevue-based Coinstar said last night that it has made an investment in SoloHealth, a developer of health screening and information kiosks. Financial terms of the investment were not disclosed. Coinstar said the move was made because it i...

READ MORE...
Monday, March 21, 2011

OwnZones Media Finds Funding

Redmond-based OwnZones Media Network, which says it is developing a digital content delivery and subscription platform, announced today that it has raised $500,000 in an initial round of funding. Source of the funding was not disclosed. The...

READ MORE...
Wednesday, March 16, 2011

Highlighter Finds Funding

Seattle-based Highlighter, a developer of in-line commenting systems for web sites, has scored new funding. The firm said it has raised $300,000 in a second round of funding for the company. Highlighter is headed by Josh Mullineaux and is a...

READ MORE...
Thursday, March 10, 2011

Ignition Boosts Topsy

Seattle-based Ignition Partners has re-upped its investment in real time, social search service Topsy. According to Topsy, which is based in San Francisco, it has raised $15M in a Series C funding round. That round included prior backers Bl...

READ MORE...
Thursday, March 10, 2011

Zaarly Finds Funding

Seattle-based Zaarly, a new startup developing a service to help connect buyers and sellers in real-time marketplace using mobile phones, has scored $1M in funding from Ashton Kutcher and a number of other angel investors. The firm is heade...

READ MORE...
Wednesday, March 9, 2011

Tier 3 Gets $8.5M

Seattle-based Tier 3, a developer of software-as-a-service platforms, announced this morning that it has raised $8.5M in a Series A funding round. The round came from Ignition Capital and Madrona Venture Group. As part of the funding, Ignit...

READ MORE...
Wednesday, March 9, 2011

Ignition Funds DailyBooth

Seattle-based Ignition Partners is the lead investor in DailyBooth, a real-time, photo blogging web site based in San Francisco. DailyBooth said Ignition led its latest, $6M funding round, which also included Sequoia Capital. DailyBooth all...

READ MORE...
Tuesday, March 8, 2011

HomePipe Gets $1.1M

Seattle-based HomePipe, a developer of digital content sharing services, said Tuesday afternoon that it has raised $1.1M in a Series A funding round. The round came from a group of angel investors. The firm said the funding will go towards ...

READ MORE...
Tuesday, March 8, 2011

Columbia Power Technologies Gets Funding

Corvallis, Oregon-based Columbia Power Technologies reports today that it has scored private funding for the firm's wave energy conversion technology, along with support from the U.S. government. The firm did not detail any information on t...

READ MORE...
Friday, March 4, 2011

Savers Raises $21.93M

Bellevue-based Savers, the operator of a chain of discount thrift stores, has raised $21.93M in conjunction with the acquisition of an un-named business, according to a regulatory filing from the firm Friday. Details of the funding were not...

READ MORE...
Wednesday, March 2, 2011

Powerit Solutions Raises $5M

Seattle-based Powerit Solutions, a provider of energy management technology for the smart grid market, said yesterday that it has raised $5M in a new funding round. The round was led by Black Coral Capital, and also included its four existi...

READ MORE...
Wednesday, March 2, 2011

Madrona Boosts MaxPoint Interactive

Seattle-based venture firm Madrona Venture Group is the lead investor in an Internet ad targeting firm, MaxPoint Interactive. According to MaxPoint, which is based in North Carolina, Madrona led an $8M funding round for the firm. The fundin...

READ MORE...
Monday, February 28, 2011

BigTip Finds $475K

Kirkland-based BigTip, a stealth mode firm currently in alpha, has raised $475,000 out of an ongoing $625,000 in funding, according to a regulatory filing by the firm today. BigTip is headed by Matt Rowlen, who has previously served as an e...

READ MORE...
Monday, February 28, 2011

Glaser Returns With SocialEyes

Rob Glaser, the founder of RealNetworks, has booted up a new startup, SocialEyes, focused on video chat with friends and others. The new startup--based in San Francisco--is launching at the DEMO conference this week. SocialEyes is backed by...

READ MORE...
Thursday, February 24, 2011

Green Goose Gets $100K

Portland- and San Francisco-based startup Green Goose, which is in the midst of developing wireless sensors which connect to an online service for tracking your life, has scored $100,000 in investment. The investment was announced at the La...

READ MORE...
Wednesday, February 23, 2011

CupidsPlay.com Applies Social Games To Dating

Bellevue-based CupidsPlay said today that it has launched a new, dating website which combines online dating with social games. The firm, which said it also received seed funding from venture capital investor Clearstone Ventures, says is it...

READ MORE...
Tuesday, February 22, 2011

Inovise Scores $4.4M More

Beaverton, Oregon-based Inovise, a developer of medical instruments being used for cardiology, has raised $4.4M in an ongoing, $5.0M funding round, according to a recent regulatory filing from the firm. No details on the funding have been a...

READ MORE...
Thursday, February 17, 2011

Doxo Gets Backing Of Former OpenTable CEO

Seattle-based doxo, the provider of online billing and bill management services headed by Steve Shivers, said this morning that Thomas Layton, the former CEO of OpenTable, participated in the firm's latest venture capital funding round. Dox...

READ MORE...
Tuesday, February 15, 2011

doxo Gets $10M More

Seattle-based doxo, the startup which is looking to help users manage their online bills, and which hopes to make it easier for firms to switch users over to electronic billing, announced tonight that it has raised $10M in a Series B financ...

READ MORE...
Friday, February 11, 2011

Millennium Airship Raises $10M

Port Orchard, Washington-based Millennium Airship, a firm which says it is developing a lighter-than-air craft, has raised $10M, in what the firm indicates is an ongoing effort to raise $110M in funding, according to a regulatory filing by ...

READ MORE...
Thursday, February 10, 2011

Maveron Invests In Groupon

Seattle-based venture capital firm Maveron has joined the list of investors in daily deals site Groupon, Maveron said Thursday. Financial terms of the deal were not disclosed. Maveron purchased shares of the firm from employees and existing...

READ MORE...
Wednesday, February 9, 2011

Bill & Melinda Gates Foundation Backs Education Software Firm

The Bill & Melinda Gates Foundation has put $2M into a Silicon Valley, social networking and education firm Inigral, the firm said today, as part of a $4M, series B funding round. According to Inigral, the Bill & Melinda Gates Foundation in...

READ MORE...
Wednesday, February 9, 2011

Tippr Gets $4.0M

Seattle-based Tippr, the developer of group buying software and technology headed by Martin Tobias, has raised $4.0M in a funding round. The funding came to light via a regulatory filing. No details on the funding have been announced by the...

READ MORE...
Tuesday, February 8, 2011

Datacastle Finds $2M

Seattle-based Datacastle, a provider of remote backup software, said this morning that it has raised $2m in a new venture capital funding round. The round was led by CM Capital and Haag Ltd, two Australian venture firms. Datacastle said the...

READ MORE...
Monday, February 7, 2011

Ignition Ventures Adds Frank Artale

Bellevue-based Ignition Venture Management announced this morning that it has added Frank Artale as a Managing Director and general partner at the firm. Artale was CEO of Consera, an Ignition portfolio firm, and also served at XenSource, Re...

READ MORE...
Monday, February 7, 2011

Pressplane Gets New Funding

Seattle-based Pressplane, a stealth mode firm backed by Curious Office Partners, has upped its funding by $400,000, according to Curious Office. Curious Office said the investment brings its total investment into Pressplane to $2.2 million....

READ MORE...
Thursday, February 3, 2011

Hipmunk Gets Heavy Seattle Backing

San Francisco-based Hipmunk, an online travel booking site, revealed today that it has raised $4.2M in funding from a slew of Seattle investors. The round was led by Ignition Partners, and also included Rich Barton and Erik Blachford of Exp...

READ MORE...
Friday, January 28, 2011

PhysioSonics Gains Series B

Seattle-based PhysioSonics, a firm developing noninvasive neurological monitors, said this week that it has scored a Series B funding round. The round was led by Kirby Cramer, former Chairman of SonoSite, as well as undisclosed strategic in...

READ MORE...
Wednesday, January 26, 2011

Korrio Finds $3.3M

Seattle-based Korrio, a provider of sports automation software for online sports clubs, announced this morning that it has raised $3.3M in a Series A funding. The funding came from Ignition Partners and other private investors. According to...

READ MORE...
Wednesday, January 26, 2011

Crowd Factory Raises $6.5M

Crowd Factory, a provider of social marketing applications which has its roots in Portland, announced today that it has raised $6.5M in funding. The firm, which is now based in San Francisco, said the funding was led by Storm Ventures and a...

READ MORE...
Tuesday, January 25, 2011

Amazon Backed Cirtas Gets More Funding

Cirtas Systems, a Silicon Valley enterprise cloud storage products firm which is backed by Amazon, and uses Amazon's S3 storage service for its cloud storage, has gained new funding today. According to Cirtas, it has raised $22.5M in a Seri...

READ MORE...
Tuesday, January 25, 2011

Decide Gets $2.5M For Stealthy Electronics Shopping Service

Seattle-based Decide, a stealth mode firm which says it is building a "revolutionary new shopping service" for electronics, announced this morning that it has raised $2.5M in a Series A funding from Madrona Venture Group and Seattle-area an...

READ MORE...
Tuesday, January 25, 2011

Elemental Technologies Gets Strategic Funding, New Board Member

Portland-based Elemental Technologies, a provider of massively parallel video processing products based on graphical processing unit (GPU) cores, said today that it has scored new funding from stratic investor Citrix Systems. The firm also ...

READ MORE...
Friday, January 21, 2011

ZINO Awards $50K To J&D's Foods

Seattle-based ZINO Society said this week that the winner of its 2010 $50,000 ZINO Marketplace Investment Forum Fund is J&D's Foods, Inc., a consumer products firm which develops the Bacon Salt, Baconnaise and BaconPOP microwave popcorn. Th...

READ MORE...
Thursday, January 20, 2011

Pacific Northwest Companies Raise $152.8M In VC In Q4

Companies in Oregon and Washington raised a total of $152.8M in venture capital in Q4, according to the latest numbers from PricewaterhouseCoopers LLP and the National Venture Capital Association. The numbers were from the quarterly MoneyTr...

READ MORE...
Tuesday, January 18, 2011

Bill Gates Invests In Oil Exploration Technology Firm

Microsoft's Bill Gates has backed a Texas developer of software and services for the oil and gas exploration market, NEOS GeoSolutions, according to NEOS today. NEOS said that it has landed $60M in funding from Energy Capital Group and Bill...

READ MORE...
Tuesday, January 18, 2011

Amazon Backs Sonian

Seattle-based Amazon.com is one of the lead investors in Sonian, a Massachusetts-based developer of cloud archiving services. According to Sonian, it raised $9M in a Series B funding led by strategic investors Amazon.com and Webroot. Other ...

READ MORE...
Monday, January 17, 2011

Cheezburger Lands $30M

Seattle-based Cheezburger, the Internet publishing site which runs I Can Has Cheezburger?, FAIL Blog, and other humorous Internet content and meme sites, announced this evening that it has raised $30M in an investment round. The firm, heade...

READ MORE...
Friday, January 14, 2011

ClearEdge Power Gets $1M Investment From Gas Utility

Hillsboro, Oregon-based ClearEdge Power, which develops fuel cell energy equipment, has scored $1M in an investment from a gas utility. According to utility Southern California Gas Co., it made the investment in ClearEdge as a "strategic ad...

READ MORE...
Wednesday, January 12, 2011

Adapx Captures $2.0M

Seattle-based Adapx, developer of software used to capture handwriting from digital pens and turn them into electronic data, has raised $2.0M in additional funding, according to a regulatory filing from the firm today. Details on the fundin...

READ MORE...
Tuesday, January 11, 2011

PHPFog Finds $1.8M

Portland-based PHPfog, a developer of cloud-based PHP software hosting tools, said last night that it has raised $1.8M in a funding round from Madrona Venture Group, First Round Capital and Founder's Co-op. PHPfog develops a cloud hosting e...

READ MORE...
Tuesday, January 4, 2011

Thrift Recycling Management Gets $8.5M

Lakewood, Washington-based Thrift Recycling Management, a seller of used books and consumer goods on the Internet, has raised $8.5M in a funding round, according to investment bank Cascadia Capital. Cascadia said the funding was led by Ques...

READ MORE...
Monday, January 3, 2011

Skytap Raises $10M More

Seattle-based Skytap, a developer of cloud automation software, has raised $10M in a Series C funding round. The new funding came from OpenView Venture Partners, Madrona Venture Group, Ignition Partners, and the Washington Research Foundati...

READ MORE...
Tuesday, December 28, 2010

Dashwire Raises $1M More

Seattle-based Dashwire, a developer of mobile backup and migration applications, has raised nearly $1.0M in new debt funding, according to a regulatory filing from the firm this week. Source of the new funding was not disclosed. According t...

READ MORE...
Tuesday, December 28, 2010

EnergySavvy Gets $1.1M

Seattle-based EnergySavvy, which operates an online site to help homeowners save energy and reduce their utility bills, has raised $1.1M more in funding, according to multiple reports. New funding came from the Northwest Energy Angels and o...

READ MORE...
Monday, December 20, 2010

Xenon Arc Lands $15M

Bellevue-based Xenon Arc said this morning that it has raised $15M in a funding round. According to the firm, the round came from private equity firm Weston Presidio. Stealthy Xeon Arc said it is working on technology to enable "business pr...

READ MORE...
Thursday, December 16, 2010

KAPITALL Raises $7.3M For Investment Software

Seattle- and New York-based Stereo Scope, the parent firm of Kapitall, has raised $7.3M in new funding for its new web-based investment software. The firm is announcing the investment tomorrow. Kapitall said it raised $7.3M, plus converted ...

READ MORE...
Thursday, December 16, 2010

Yapta Ups Convertible Debt Round To $700K

Seattle-based travel site Yapta has upped a recent, convertible debt funding round to $700,000, according to a regulatory filing from the firm this week. The firm--which provides tracking of airfare for travelers--has not released any detai...

READ MORE...
Wednesday, December 15, 2010

Spoken Communications Scores $4.0M

Bellevue-based Spoken Communications, a developer of speech recognition technology for the call center market, said today that it has raised $4.0M in a strategic investment from Ignition Growth Capital. Spoken said the funds will go towards...

READ MORE...
Wednesday, December 15, 2010

Xenon Arc Gains $6.9M

Redmond-based Xenon Arc, a stealth startup headed by Chad Steigers, has raised $6.9M in a funding round, according to a recent regulatory filing by the firm. Source of the new funding was not disclosed. Stiegers foremly headed ChemPoint. Th...

READ MORE...
Tuesday, December 14, 2010

OVP Leads Investment In Mobile Router Firm

Kirkland, Washington-based OVP Venture Partners is the lead investor in a developer of 4G/3G routers, CradlePoint Technology. According to CradlePoint today, OVP, in an investment headed by Gerry Langeler, has led a $7.5M, Series B funding ...

READ MORE...
Monday, December 13, 2010

JanRain Finds $1M More

Portland-based JanRain, a developer of single sign-on technology, has raised $1.0M in a debt funding round, according to a recent regulatory filing by the firm. Details on the funding have not been announced by the company. JanRain is ventu...

READ MORE...
Wednesday, December 8, 2010

Docusign Gets $27M More

Seattle-based Docusign, the developer of electronic signature software-as-a-service, said today that it has raised $27M in a Series C investment round. The round was led by Scale Venture Partners, and also included Sigma Partners, Ignition ...

READ MORE...
Wednesday, December 8, 2010

Ignition Gets Big Win As Salesforce.com Buys Heroku

Bellevue-based Ignition Partners has seen a big win in its investment portfolio today, as Salesforce.com announced it is buying Heroku, in a deal worth $212M in cash. Ignition was the lead investor in a Series B funding for Heroku in May. H...

READ MORE...
Wednesday, December 8, 2010

ValueAppeal Raises $560,0000

Seattle-based ValueAppeal, which operates an online, property tax appeal service, said today that it has raised $560,000. The funding came from individual investors. ValueAppeal said the new funding comes on top of an earlier, $1M in initia...

READ MORE...
Friday, December 3, 2010

RetailMeNot.com Buy Worth $87.0M?

The acquisition yesterday of Beaverton, Oregon-based RetailMeNot.com, an online coupons and deals site, looks to be worth around $87.0M, based on a regulatory filing from acquiring firm WhaleShark Media. According to the regulatory filing, ...

READ MORE...
Thursday, December 2, 2010

Amazon.com Puts $175M Into LivingSocial

Amazon.com has invested $175M in LivingSocial, an online daily deals and events site based in Washington, D.C. LivingSocial said that the investment came alongside an $8M investment from LightSpeed Venture Partners. LivingSocial offers up d...

READ MORE...
Tuesday, November 30, 2010

Valuevine Finds Funding

Snoqualmie, Wash.-based Valuevine, a developer of social media and location-based marketing software for brands, said Tuesday that it has raised a new round of investment. Amount of the funding was not disclosed, however, a recent regulator...

READ MORE...
Friday, November 19, 2010

Avnera Raises $10M

Beaverton, Oregon-based Avnera, a developer of low power semiconductors for the wireless audio and video market, has raised $10M in a equity funding round, according to a regulatory filing by the firm. Source of the new funding was not disc...

READ MORE...
Thursday, November 18, 2010

Maveron Backs Altius Education

Seattle-based venture capital firm Maveron has re-upped in a Silicon Valley online education firm, Altius Education. According to Altius Thursday, it has raised $18.6M in a Series B for the firm, led by Charles River Ventures and also inclu...

READ MORE...
Tuesday, November 16, 2010

Maveron Backs PayNearMe

Seattle-based venture capital firm Maveron has re-upped its investment in PayNearMe, a firm which allows users to pay for online purchases via cash payments at retailers. Maveron was one of the return investors in a $16M round of financing,...

READ MORE...
Monday, November 15, 2010

Act-On Software Raises $4M

Beaverton, Oregon-based Act On Software, a developer of marketing automation software, has raised $4M in a funding from U.S. Venture Partners and Voyager Capital. The startup is headed by Raghu Raghavan, who was a co-founder of Responsys. A...

READ MORE...
Friday, November 12, 2010

Vulcan Names Ghaffari Chief Investment Officer

Seattle-based Vulcan Inc., the investment firm of Paul G. Allen, said this morning that it has named Paul Ghaffari as the Chief Investment Officer of Vulcan Capital. Ghaffari was most recently at Palatine Hill Partners, an investment firm h...

READ MORE...
Wednesday, November 10, 2010

OVP Gets Exit At Complete Genomics

Kirkland- and Portland-based OVP Venture Partners can chalk up another exit among its portfolio firms today, after Complete Genomics priced its IPO, saying it will debut on the NASDAQ Global Market tomorrow. Complete Genomics said it is sel...

READ MORE...
Wednesday, November 10, 2010

PhotoRocket Ups Funding To $1.35M

Seattle-based PhotoRocket, which is developing simple photo sharing tools for the web, has upped its initial funding to almost $1.35M, according to a regulatory filing by the firm. The firm is the latest venture of Scott Lipsky, co-founder ...

READ MORE...
Thursday, November 4, 2010

Interview with Scott Kveton, Urban Airship

Yesterday, Portland-based Urban Airship (www.urbanairship.com) announced it just closed a new $5.4M Series B round of funding. We caught up with Urban Airship's CEO, Scott Kveton, to hear more about the company as well as the funding round....

READ MORE...
Thursday, November 4, 2010

Apptio Snags Funding From Cisco

Bellevue-based Apptio, a developer of software for the financial management of corporate data centers, is announcing today that it has scored $3.5M in new funding from Cisco. The firm said the funding closes out its Series C round, which it...

READ MORE...
Wednesday, November 3, 2010

Urban Airship Gets Series B Funding

Portland-based Urban Airship, a developer of software used for real-time push notification to mobile application users, is announcing tonight that it has raised $5.4M in a Series B round of funding, bringing the company's total raised to $6...

READ MORE...
Friday, October 29, 2010

OVP Leads Investment In Carbonflow

Kirkland, Washington-based OVP Venture Partners is the lead investor in a new round of funding for carbon trading firm Carbonflow, based in San Francisco. According to Carbonflow, OVP lead its $4.2M Series B funding round, which also includ...

READ MORE...
Friday, October 29, 2010

Nearlyweds Acquires OneWed, Raises $500K

Seattle-based Nearlyweds, which operates an online site targeted at engaged couples in the process of wedding planning, said Thursday that it has acquired OneWed, an online wedding planning site which also operates WeddingPreParty.com. Fina...

READ MORE...
Tuesday, October 26, 2010

Omeros Gets $25M

Seattle-based Omeros Corporation, the biopharmaceuticals firm focused on treating inflammation and disorders of the central nervous system, said yesterday that it has raised $25M, including $20M from Vulcan Capital, and $5M in a grant from ...

READ MORE...
Friday, October 22, 2010

Lockerz Announces Social Commerce Platform

Seattle-based Lockerz has rolled out what it calls a "social commerce" platform, which it describes as a hybrid of e-commerce and social networking. The firm, which is backed by Kleiner Perkins Caufield & Byers and Liberty Media, said its n...

READ MORE...
Thursday, October 21, 2010

Amazon Backs New $250M Kleiner Perkins Social Fund

Amazon.com is backing a new, $250M investment fund from venture firm Kleiner Perkins Caufield & Byers today, as a major investor. According to Kleiner Perkins Caufield & Byers, it has established the $250M fund to specifically invest in ent...

READ MORE...
Thursday, October 21, 2010

Lockerz, Jive Get Backing From KPCB's New Social Fund

Seattle-based Lockerz, an online site which gives users points for watching videos and music, shopping, and for other online activities; and Jive Software, which is now located in San Francisco but has its roots and operations in Portland, ...

READ MORE...
Thursday, October 21, 2010

RPI Gets $5M More

Seattle-based RPI, which provides manufacturing and fulfillment for on-demand, printed products, has raised $5M in an investment round. The round came from Portland-based private equity firm Riverlake Partners. According to Riverlake, the i...

READ MORE...
Wednesday, October 20, 2010

Optify Gets $6.1M More

Seattle-based Optify, the provider of search engine optimization and social media software run by Brian Goffman, said today that it has raised another $6.1M. The funding came from Triangle Peak Partners, which led the round, along with curr...

READ MORE...
Tuesday, October 19, 2010

Off & Away Raises $2M

Seattle-based Off & Away, which operates an online auction site for travel packages, said Tuesday that it has raised $2M in a funding round. The round was led by Madrona Venture Group. Off & Away is headed by Doug Aley. ...

READ MORE...
Tuesday, October 19, 2010

PayScale Gets Working Capital Line

Seattle-based PayScale, an online site which provides information about wages and pay for users at different companies, has scored a line of working capital from lender Leader Ventures. Leader, which did not disclose the size or terms of th...

READ MORE...
Tuesday, October 19, 2010

Maveron Taps Zynga For EIR

Seattle-based venture capital firm Maveron has snagged a former executive of social gaming firm Zynga as its newest entrepreneur-in-residence. According to Maveron, it has added Andrew Trader, the former Vice President of Sales and Business...

READ MORE...
Thursday, October 14, 2010

Pacific Northwest Sees $193.4M In Q3 Investments

The latest venture capital numbers from PricewaterhouseCoopers and the National Venture Capital Association, based on data from Thomson Reuters, was released this evening, finding that the Pacific Northwest saw $193.4M investments in Q3. Ac...

READ MORE...
Thursday, October 14, 2010

Avelle Gets $1M In Debt Round

Seattle-based Avelle, which operates Bag, Borrow, or Steal, the online service which allows consumers to rent expensive women's handbags, has raised $1M in a debt funding round, according to a recent regulatory filing by the firm. The debt ...

READ MORE...
Thursday, October 14, 2010

Torrent Technologies Gets Funding

Seattle-based Torrent Technologies, a developer of software used to streamline the policy and claims processing of flood insurance, said Wednesday afternoon that it has raised a new round of funding. Financial terms of the round were not di...

READ MORE...
Wednesday, October 13, 2010

Predixion Software Scores $5M

Predixion Software, a developer of business analytics software which has its development offices in Redmond, said Wednesday that it has raised $5M in a funding round. The firm, whose CTO, Jamie MacLennon was most recently directing Microsof...

READ MORE...
Wednesday, October 13, 2010

Carwoo, Former Portland Startup, Gets Funding

Former Portland startup Carwoo, an online car buying site, said today it has raised a Series A round of funding, bringing its total raised to $6M. The funding is bittersweet for the Portland area, where CarWoo was founded in 2008, as the fi...

READ MORE...
Thursday, October 7, 2010

Ignition Gets Exit At Fat Spaniel

Bellevue-based venture capital firm Ignition Partners has seen an exit in its portfolio, via the acquisition of Fat Spaniel. Fat Spaniel, which makes software used for managing renewable power assets, was acquired by Power-One, a maker of p...

READ MORE...
Thursday, October 7, 2010

Giftango Gets $5M

Portland-based Giftango, which operates an online virtual gift card business, said this morning that it has raised $5M in a Series B funding round. The firm said the new funding came from Taylor Corporation, and also included participation ...

READ MORE...
Tuesday, October 5, 2010

Microsoft Boosts AppNexus

AppNexus, a developer online advertising exchange and management technology, has scored a new investment round, including investments from Microsoft, AppNexus said today. According to New York-based AppNexus, it received $50M in Series C fu...

READ MORE...
Thursday, September 30, 2010

Redfin Gets $270K From Ligon

The "small investment" in Seattle-based Redfin by CarMax CEO Austin Ligon last week was worth $269,495, according to recent regulatory filings from the real estate site. The funding looks to be an extension of the last funding announced by ...

READ MORE...
Thursday, September 23, 2010

Redfin Adds CarMAX CEO To Board, Gets Investment

Seattle-based Redfin said Thursday afternoon that founder and former CarMax CEO, Austin Ligon, has joined the company's board of directors. According to Redfin, the addition of Ligon to the board also includes a "small investment" in the co...

READ MORE...
Monday, September 20, 2010

Amazon Backs Enterprise Storage Firm

Seattle-based Amazon.com is backing a new, enterprise data storage firm, Cirtas, as part of a trio of investors backing the new firm. According to Cirtas, it is developing storage appliances which provides enterprise storage, but which use ...

READ MORE...
Friday, September 17, 2010

Buuteeq Raises $1.18M

Seattle-based Buuteeq, a firm developing mobile applications, search engine, search marketing, and providing digital marketing services for hotels, has raised $1.18M in an equity funding round, according to a regulatory filing by the firm F...

READ MORE...
Friday, September 17, 2010

Smartsheet Gets $1.5M More

Seattle-based Smartsheet, a provider of online project management and collaboration tools, said Thursday afternoon that it has raised an additional $1.5M in funding. The Series C round was led by Madrona Venture Group, and also included its...

READ MORE...
Tuesday, September 14, 2010

Winshuttle Raises $12M

Bothell-based Winshuttle, a developer of software which enables users to use SAP directly from tools like Microsoft Excel, announced today that it has raised $12M in a growth equity round. According to the company, the funding came from Sum...

READ MORE...
Thursday, September 9, 2010

Centri Takes On Mobile Congestion With New Funding

Seattle-based Centri, headed by Vaughan Emery, said this week that it has launched a new effort to bring network acceleration technology to market, to help ease mobile network congestion caused by smart phones. According to Centri Technolog...

READ MORE...
Thursday, September 9, 2010

DataSphere Raises $10M

Bellevue-based DataSphere Technologies, a developer of software used to manage the content and sales of hyperlocal web sites, said this morning that it has raised $10M in its Series C funding round. The round was led by OVP Venture Partners...

READ MORE...
Tuesday, September 7, 2010

SweetSpot Diabetes Care Raises Funds

Portland, Oregon-based SweetSpot Diabetes Care, a startup focus on using data from patient devices to improve diabetes care, said Tuesday that it has raised a round of initial funding. Amount of the funding was not disclosed. The round came...

READ MORE...
Tuesday, September 7, 2010

Stratos Genomics Raises $4M

Seattle-based Stratos Genomics, a developer of DNA sequencing equipment for genome analysis and molecular diagnostics, announced Tuesday afternoon that it has raised $4M in a Series A funding. According to the firm, the round was led by Fis...

READ MORE...
Tuesday, September 7, 2010

Tyfone Gets $5M More

Portland-based Tyfone, a developer of mobile banking and contactless payment technology, said this morning that it has raised $5M in a Series B funding round. According to the firm, the new funding came from HDFC Holdings, Polaris Software ...

READ MORE...
Friday, September 3, 2010

MOD Systems Raises $6M

Seattle-based MOD Systems, which develops retail kiosks for distributing music and other digital media, said Thursday that it has raised $6M in a Series B funding round. The round came from existing investors. According to MOD Systems, the ...

READ MORE...
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...

READ MORE...
Tuesday, August 31, 2010

Interview with Sunny Gupta, Apptio

This morning, Bellevue-based Apptio (www.apptio.com) announced it had raised $16.5M in a Series C funding round for the firm, as it looks to expand and grow--despite still sitting on funding from its last rounds. To gain more insight into w...

READ MORE...
Tuesday, August 31, 2010

Apptio Raises $16.5M

Seattle-based Apptio said this morning that it has raised $16.5M in a Series C funding round. The round was led by Shasta Ventures, and also included current investors Andreessen Horowitz, Greylock Partners and Madrona Venture Group. Appti...

READ MORE...
Monday, August 30, 2010

EndoGastric Solutions Gets $30M More

Redwood City-based EndoGastric Solutions, a developer of treatments for upper gastrointestinal diseases, including gastroesophageal reflux disease (GERD), announced today that it has raised $30M in a Series F financing round. The firm also ...

READ MORE...
Friday, August 27, 2010

Reklaim Raises $6.0M

Seattle-based Reklaim, which recycles tires to extract oil and other materials for re-use, has raised $6.0M in a new funding round, according to a regulatory filing by the firm Friday. The filing indicates the funding is part of a $6.6M fun...

READ MORE...
Tuesday, August 24, 2010

NeuroVista Gains $21.4M

Seattle-based NeuroVista, a developer of medical technology for managing and treating epilepsy, has raised $21.4M in a combination of equity and debt. According to the firm, it has raised $16.5M in equity, in a round led by GBS Venture Part...

READ MORE...
Monday, August 23, 2010

Amazon EC2 Vets Nab Another $15M

Two Amazon.com veterans who worked on the Amazon EC2 service have just scored another $15M in venture capital funding. According to Nimbula, the startup started by Chris Pinkham and Willem van Biljon, the new round was led by Accel Partners...

READ MORE...
Friday, August 20, 2010

NeuralIQ Raises $5.2M

Kirkland, Washington-based NeuralIQ, a provider of information security services and products, has raised $5.2M, as part of an ongoing $6.0M fundraising, according to a regulatory filing by the firm Friday. No details of the funding have be...

READ MORE...
Friday, August 20, 2010

Zino Society Gears Up for ZINO Zillionaire Forum

Seattle-based ZINO Society said Friday that it will be awarding $100,000 to two companies determined by a panel of investors and others on its 5th annual ZINO Zillionaire Investment Forum. The firm said it will give $50,000 for Best Technol...

READ MORE...
Thursday, August 19, 2010

Tyfone Raises $4.9M

Portland-based Tyfone, a developer of mobile, contactless payment products, has raised around $4.9M in a new round of funding, according to a regulatory filing by the firm today. Source of the equity funding was not disclosed. Tyfone has pr...

READ MORE...
Thursday, August 19, 2010

Oggifinogi Raises $2M

Bellevue- and New York-based Oggifinogi, a firm developing products for rich media advertising, announced Thursday that it has raised $2M in a Series A funding round. The firm said the round was led by Greycroft Partners, and also included ...

READ MORE...
Thursday, August 19, 2010

WebTuner Gets $1.7M

Kirkland-based WebTuner, a stealth mode firm headed by former InfoSpace COO Bernee Strom, has raised $1.7M out of an ongoing, $2.7M funding round, according to a regulatory filing this week. No details on the firm or funding have been annou...

READ MORE...
Wednesday, August 18, 2010

SpaceCurve Nabs $1.1M

Seattle-based SpaceCurve, a developer of massively parallel database technology, has raised $1.1M in a funding round, according to a regulatory filing. Details on the new funding round have not been disclosed by the firm. SpaceCurve is head...

READ MORE...
Tuesday, August 17, 2010

Microvision Gets Committment For $60M In Equity Funding

Redmond-based Microvision, a developer of pico-projection technology, said late Tuesday that it has received an equity financing commitment to raise up to $60M in sales of its common stock, to Azimuth Opportunity Ltd. The firm said the 24-m...

READ MORE...
Monday, August 16, 2010

Yapta Raising $650K In Convertible Round

Seattle-based Yapta, which operates an online site for tracking airline and hotel prices for travelers, is in the midst of raising $650,000 in a convertible round of funding, according to a recent regulatory filing by the firm. The funding ...

READ MORE...
Wednesday, August 11, 2010

DepotPoint Gets $2.0M

Bellevue-based DepotPoint, which operates online, web-based software for managing short sales and foreclosures for distressed real estate, has raised $2.0M in a funding round, according to a regulatory filing by the firm this week. No detai...

READ MORE...
Wednesday, August 11, 2010

Coinstar Invests In ecoATM

Bellevue-based Coinstar announced this morning that it is investing in ecoATM, a California developer of automated kiosks for cell phone recycling. Financial terms of the investment were not disclosed. Coinstar said that ecoATM was the winn...

READ MORE...
Tuesday, August 10, 2010

Telekenex Gets $5.5M In Debt

Seattle- and San Francisco-based Telekenex, a provider of managed internet, SIP trunking, and other IP telephony products, has raised $5.5M in debt, according to debt provider Wellington Financial LP. According to Wellington, the funding wi...

READ MORE...
Tuesday, August 10, 2010

G5 Snags $15M

Bend, Oregon-based G5, a provider of search engine marketing solutions to mid-sized, local businesses, said today that it has closed $15M in its first round of institutional financing. The round was led by Volition Capital. According to G5,...

READ MORE...
Monday, August 9, 2010

Washington State VCs Cautiously Optimistic

The Washington Technology Industry Association (WTIA) released its quarterly report on venture capital in the state Monday, saying that the venture capitalists surveyed by the group are "cautiously optimistic" in their outlook for the indus...

READ MORE...
Friday, August 6, 2010

Korrio Scores $3.3M

Mercer Island-based Korrio, a stealth mode firm in the online youth sports registration area, has raised $3.3M in funding, according to a regulatory filing by the firm this week. No details on the funding, or source of the funds were not di...

READ MORE...
Wednesday, August 4, 2010

Zulily Raises $6M

Seattle-based Zulily, the private sales site run by Darrell Cavens, said Wednesday that it has raised $6M in a new funding round. The round was led by August Capital, and also included Maveron, which had previously backed the firm. The new ...

READ MORE...
Monday, August 2, 2010

OVP Portfolio Firm Files For IPO

One of the portfolio firms of OVP Venture Partners has filed for an IPO. According to an S-1 filing Friday, California-based Complete Genomics, a provider of human genome sequencing products, is looking to raised up to $86.25M in an IPO. Th...

READ MORE...
Friday, July 30, 2010

Total Living Choices Gets $2.2M

Seattle-based Total Living Choices, which operates an online guide to nursing, assisted living, and other senior living facilities, has raised $2.2M in a funding, according to a regulatory filing by the firm Thursday. According to the filin...

READ MORE...
Thursday, July 29, 2010

Gist Gets $4.0M

Seattle-based Gist, the provider of software which helps users pull more information about their contacts into their email software, has raised another $4.0M in funding from Vulcan Capital and the Foundry Group. The funding had been widely ...

READ MORE...
Wednesday, July 28, 2010

Bezos Gets Exit In Kongregate

Bezos Expeditions, the personal investment firm of Amazon.com's Jeff Bezos, has seen an exit out of its investment portfolio this week, with the acquisition of San Francisco-based Kongregate. Videogame retailer GameStop acquired Kongregate ...

READ MORE...
Wednesday, July 28, 2010

Hemaquest Raises $4M

Seattle-based HemaQuest Pharmaceuticals, a firm developing small molecule therapeutic treatments for sickle cell disease, beta thalassemia, and cancer, said today that it has raised and additional $4M in its Series B round, bringing the tot...

READ MORE...
Tuesday, July 27, 2010

Elemental Technologies Raises $7.5M

Portland-based Elemental Technologies, a developer of massively parallel video processing products, announced today that it has raised $7.5M in a Series B funding round. The round was led by Steamboat Ventures, the venture capital arm of Wa...

READ MORE...
Monday, July 26, 2010

Immune Design Raises $32M

Seattle-based Immune Design Corp., a biotech firm focused on treatments for infectious disease and cancer, said today that it has raised $32M in a Series B funding round. The round was led by ProQuest Investments, and also included current ...

READ MORE...
Thursday, July 22, 2010

RPI Gets Funding Round

Seattle-based RPI, which provides automated manufacturing and fulfillment for customized, on-demand printed products, said today that it has closed on a financing round. Amount of the funding was not disclosed. The firm said the funding cam...

READ MORE...
Tuesday, July 20, 2010

Jive, Fresh From HQ Move, Snags $30M More

Jive Software, the developer of enterprise social networking software, has made its first major move after transfering its headquarters from Portland--raising $30M in funding from Silicon Valley venture firm Kleiner Perkins Caufield & Byers...

READ MORE...
Monday, July 19, 2010

Puppet Labs Raises $5M

Portland-based Puppet labs, a developer of data center automation tools, said this morning that it has raised $5M in a Series B funding round. The round was led by Kleiner Perkins Caufield & Byers, and also includes True Ventures and Radar ...

READ MORE...
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...

READ MORE...
Wednesday, July 14, 2010

AdReady Adds Madrona's McAndrews To Board

Seattle-based AdReady, a provider of display advertising software, said today that it has added Madrona's Brian McAndrews to its board of directors, and also appointed aQuantive co-founder Mike Galgon to its advisory board. AdReady announce...

READ MORE...
Monday, July 12, 2010

DocuSign Snags $2M In Debt Funding

Seattle-based DocuSign, a developer of software-as-a-service for capturing electronic signatures, has raised $2M in a debt round, according to a recent regulatory filing by the firm. Source of the funding has not been released. DocuSign has...

READ MORE...
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...

READ MORE...
Wednesday, July 7, 2010

Uptake Medical Gets $17.5M

Seattle-based Uptake Medical, a developer of medical devices for treating emphysema, announced today that it has raised $17.5M in a Series B funding round. The round was led by Maverick Capital, and also included prior investors GBS Venture...

READ MORE...
Tuesday, July 6, 2010

Lockerz Launches With Backing From KPCB, Liberty Media

Seattle-based Lockerz.com, a new startup focused on social commerce, said today that it has officially launched, with backing from Kleiner Perkins Caufield & Byers and Liberty Media. The firm said it is targeted at men and women between 13-...

READ MORE...
Wednesday, June 30, 2010

Symform Raises $4M

Seattle-based Symform, a provider of cloud-based, backup and recovery services, said today that it has raised $4M in a financing round. The round was led by Longworth Venture Partners, and also included OVP Ventures. Longworth's Nilanjana B...

READ MORE...
Wednesday, June 30, 2010

Calistoga Pharmaceuticals Gains $40M More

Seattle-based Calistoga Pharmaceuticals, a developer of treatments for cancer and inflammatory disease, said today that it has raised $40M more in a Series C financing round. The round was led by Quogue Capital, and also included prior inve...

READ MORE...
Thursday, June 24, 2010

Presage Biosciences Ups Funding To $3.8M

Seattle-based Presage Biosciences, the spinout of the Fred Hutchinson Cancer Research Center, has upped its total funding to $3.8M, up from the $3.1M the firm announced in March. The additional funding was revealed through a regulatory fili...

READ MORE...
Thursday, June 24, 2010

DigitalScirocco Raises $1.1M

Seattle-based DigitalScirocco, which operates an online, auction-based marketplace for buying content for web properties, has raised $1.1M in a funding round, according to a regulatory filing by the firm. Source of the funding was not discl...

READ MORE...
Monday, June 21, 2010

TeachTown Gets $1.57M

Seattle-based TeachTown, a developer of products for computer-assisted treatment for autistic and special needs children, has issued $1.569M in equity, according to a filing by the firm today. The filing indicates that the equity was either...

READ MORE...
Monday, June 21, 2010

Opscode Raises $11M

Seattle-based Opscode, a developer of automation software for the cloud computing market, said today that it has raised $11M in a Series B funding round. According to Opscode, the round was led by Battery Ventures, and also included Draper ...

READ MORE...
Tuesday, June 15, 2010

Elemental Raises $7.1M More

Portland-based Elemental Technologies, which develops video processing products which take advantage of off-the-shelf graphical processing units, has raised $7.15M as part of a $9.0M funding round, according to a regulatory filing by the fi...

READ MORE...
Tuesday, June 15, 2010

ClearEdge Power Gets $7.75M

Hillsboro, Oregon-based ClearEdge Power, a developer of fuel-cell based alternative electric generation products, has now raised around $7.75M in a debt funding round, according to a regulatory filing by the firm this week. Details on the f...

READ MORE...
Monday, June 14, 2010

TerraPower Nabs $35M For Nuclear Power Technology

Bellevue, Washington-based TerraPower, a firm developing nuclear energy technology, has raised $35M in a Series B round, according to the firm's investors. According to Charles River Ventures, it invested in the new funding round for TerraP...

READ MORE...
Thursday, June 10, 2010

Runic Games Raises $7.0M

Seattle-based Runic Games, maker of the role playing game Torchlight, has raised $7.0M in a funding round, according to a regulatory filing by the firm today. Source of the new funding has not been announced by the company. Runic was founde...

READ MORE...
Wednesday, June 9, 2010

Interview with Tom Malone, CEO of MicroGREEN Polymers

Last month, Seattle-based MicroGREEN Polymers, a developer of plastics technology, announced that it had raised $6.9M in a funding round from Waste Management, WRF Capital, Northwest Energy Angels, and other investors. We recently caught up...

READ MORE...
Wednesday, June 9, 2010

OVP Re-Ups In Tigo Energy

Kirkland, Wash.-based venture capital firm OVP has re-upped its investment in Silicon Valley firm Tigo Energy, as part of a new round. According to Tigo, OVP participated in a new $10M funding round in the company, which is developing photo...

READ MORE...
Tuesday, June 8, 2010

BigDoor Gets $5M

Seattle-based BigDoor Media, which develops a platform which allows any web site to implement their own badges, leaderboards, virtual currency, and other "game mechanics", has raised $5M in a Series B funding. The funding was led by Foundry...

READ MORE...
Monday, June 7, 2010

RevenueLoan Gets $6M

Seattle-based RevenueLoan said Monday afternoon that it has raised $6M in a venture funding round, from Voyager Capital, Summit Capital, and Founder’s Co-op. The firm was founded by Andy Sack of Founder's Co-op and TechStars. The firm sai...

READ MORE...
Monday, June 7, 2010

Onehub Raises $750K More

Bellevue-based Onehub, a developer of online, software-as-a-service for sharing files and project collaboration, has raised another $750,000 as part of an ongoing, $1.5M round, according to a regulatory filing from the firm today. No detail...

READ MORE...
Thursday, June 3, 2010

Predixion, With Roots At Microsoft, Raises Funds

Predixion Software, a stealth mode software with its roots at Microsoft, has raised $800,000 as part of a larger $3.0M funding round, according to a regulatory filing today. The firm, which has offices in Redmond, says that one of its co-fo...

READ MORE...
Thursday, May 27, 2010

Avalara Raises $4.9M

Bainbridge Island-based Avalara, a developer of software for managing the collection of sales taxes, has raised $4.9M as part of an ongoing, $9.4M funding round. Source and details of the funding have yet to be announced by the company. Acc...

READ MORE...
Wednesday, May 26, 2010

RealNetworks' Glaser Joins Accel Partners

Silicon valley venture capital firm Accel Partners has snagged Rob Glaser, chairman and founder of RealNetworks, as its newest venture partner, the firm said late last night. According to Accel, Glaser will serve as a Venture Partner focuse...

READ MORE...
Tuesday, May 25, 2010

Scayl Looks For $250K

Woodland, Washington-based Scayl, a developer of peer-to-peer networking technology, has raised $50K as part of a $250,000 fundraising effort, according to a regulatory filing by the firm today. According to the filing, the firm is headed b...

READ MORE...
Wednesday, May 19, 2010

MicroGreen Polymers Gets $6.9M

Seattle-based MicroGreen Polymers, a firm which is developing technology to reduce the amount of plastic required in consumer products, announced today that it has received $6.9M in a Series B round of financing. The firm said that the fund...

READ MORE...
Wednesday, May 19, 2010

SeniorHomes.com Gets $1.1M

Seattle-based SeniorHomes.com, a startup founded by All Stars Directories' vets Chris Rodde, Jay Goldstein, and Tom Blumer, said Tuesday that it has raised $1.1M in a Series A financing round. The round was led by MentorTech Ventures, and a...

READ MORE...
Wednesday, May 12, 2010

Klassic Gets $500K

Portland-based Klassic, a firm focused on gourmet cuisine, has raised $500,000 in a funding round, according to a recent regulatory filing by the firm. Klassic is headed by Miguel A. Mendez. The firm, in a profile listing for the OTBC, says...

READ MORE...
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...

READ MORE...
Monday, May 10, 2010

AdReady Announces $5.3M Funding

Seattle-based AdReady, a provider of software for display advertising management, announced today that it has raised $5.3M in a new funding round. The round came from Madrona Venture Group, Bain Capital, and Khosla Ventures. The funding had...

READ MORE...
Friday, April 30, 2010

EnergySavvy Gains $315K

Seattle-based EnergySavvy, which operates an online site to help homeowners save on their utility bills, has raised $315,000 in a funding round, the firm said this week. The round came from Mike Galgon, founder of aQuantive, and Karl Seibre...

READ MORE...
Thursday, April 29, 2010

Bonanzle Gets $1M

Seattle-based Bonanzle, an online marketplace for a variety of goods, has raised $1M in a funding round, according to a number of reports. The funding came from Ignition Partners, Voyager Capital, Founder's Co-Op, Curious Office Partners, M...

READ MORE...
Wednesday, April 28, 2010

Qliance Land $6M

Seattle-based Qliance Medical Management, a firm developing medical clinics based on monthly membership fees, has announced that it is raising $6M from Amazon.com's Jeff Bezos, Dell's Michael Dell, and comedian Drew Carey, along with Second...

READ MORE...
Tuesday, April 27, 2010

EnerG2 Nabs $3.5M

Seattle-based EnerG2, a developer of advanced materials being applied to ultracapacitors, natural gas storage, hydrogen storage, and photovoltaic applications, has raised $3.5M in an equity funding, according to a recent regulatory filing b...

READ MORE...
Tuesday, April 27, 2010

Ground Truth Lands $7M

Seattle-based GroundTruth, a firm developing tools to measure mobile Internet usage, announced this morning that it has raised $7M in a Series B funding round. The round came from Emergence Capital partners, OPENAIR Ventures, Steamboat Vent...

READ MORE...
Monday, April 26, 2010

Maveron Boosts TheWrap

Seattle-based Maveron has boosted its investments in Hollywood news blog TheWrap.com, according to TheWrap. TheWrap.com operates an online site focused on Hollywood and entertainment news. TheWrap said the will be used to accelerate the con...

READ MORE...
Monday, April 26, 2010

Mirina Gets Funding

Seattle-based Mirina Corporation, a biotechnology firm focused on microRNA therapeutics, said today that it has closed on a Series A-1 financing. Size of the round was not disclosed. According to Mirina, the round was led by versant Venture...

READ MORE...
Tuesday, April 20, 2010

DreamBox Learning Acquired By Netflix CEO Reed Hastings

Bellevue, Washington-based Dreambox Learning, a developer of online, math education software, has been acquired by Netflix CEO Reed Hastings and venture capital firm Charter Fund, DreamBox said today. According to Dreambox Learning, Hasting...

READ MORE...
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 ...

READ MORE...
Monday, April 19, 2010

Revelation Closes Out Series A at $1.27M

Portland, Oregon-based Revelation, a provider on online software used for qualitative research and market research, has closed out its Series A funding at $1.27M, according to an updated regulatory filing by the firm last week. Steve August...

READ MORE...
Monday, April 19, 2010

Home Comfort Zones Gets $1.25M

Beaverton, Oregon-based Home Comfort Zones, a developer of room-by-room, zone controller HVAC products, has raised around $1.25M out of a $2.5M funding round, according to a recent regulatory filing by the firm. Source of the funding was no...

READ MORE...
Friday, April 16, 2010

Mirabilis Gets $1M In Debt Financing

Bothell-based Mirabilis Medica, which develops a high intensity ultrasound system for treating gynecological diseases, raised $1.0M in a debt funding round, according to a regulatory filing this week. Details on the funding have not been an...

READ MORE...
Friday, April 16, 2010

Lucid Commerce Gains $5M

Seattle-based Lucid Commerce, which develops business intelligence software-as-a-service, raised $5M in a Series B round, according to reports this week. The round was led by Greycroft Partners and also included OVP Venture Partners. Lucid...

READ MORE...
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 ...

READ MORE...
Monday, April 12, 2010

PhotoRocket Lands $376K In Funding

Seattle-based PhotoRocket, a stealth-mode startup developing a photo sharing service, has quietly raised $376K as part of a $1.25M funding round, according to a regulatory filing. The firm is headed by Scott Lipsky, who was founder of Galle...

READ MORE...
Monday, April 12, 2010

Liberty Dialysis Gets Private Equity Backing

Mercer Island-based Liberty Dialysis, which operates a network of dialysis centers, has scored new funding from private equity firm KRG Capital Partners, Bain Capital Ventures, and Ignition, according to KRG. According to the firm, the fund...

READ MORE...
Thursday, April 8, 2010

Foodista Gets $750K More

Seattle-based Foodista, an online wiki site for recipes, has raised $750,000 in a new round of funding, according to a regulatory filing by the firm this week. Source of the funding was not disclosed. The new round, which comes almost a yea...

READ MORE...
Thursday, April 8, 2010

Site9 Gets Funding, Names Execs

Portland-based Site9, a developer of tools for prototyping web sites and web apps, announced today that it has received a round of growth capital. Financial terms of the funding and source of the capital was not disclosed. The firm also sai...

READ MORE...
Thursday, April 1, 2010

TechStars Seattle Backers Put $452,500 Into Effort

Mentors and backers of the TechStars Seattle incubation program are putting their money where their mouth is, and have put around $452,500 into the effort, according according to a regulatory filing by the group this week. According to the ...

READ MORE...
Thursday, April 1, 2010

Yapta Gets $300K In Convertible Round

Seattle-based travel site Yapta has raised $300,000 as part of an ongoing $500,000, convertible debt round, according to a regulatory filing from the firm today. According to the filing, the round is convertible into shares of the firm's Se...

READ MORE...
Thursday, April 1, 2010

Maveron Backs Latimer Education

Seattle-based venture capital firm Maveron said today that the firm is backing Washington, D.C-based Latimer Education, a firm developing an online university for African Americans. According to Maveron, it led the investment of $1.25M in L...

READ MORE...
Wednesday, March 31, 2010

Playteau Gets $620K

Seattle-based Playteau, a stealth mode firm headed by Anatoly Tikhman, founder of TikGames, a developer of video games, has raised $620,000 in a funding round, according to a recent regulatory filing by the firm. The filing indicates the fu...

READ MORE...
Tuesday, March 30, 2010

MicroGREEN Polymers Ups Funding To $7.2M

Arlington, Washington-based MicroGREEN Polymers, a firm commercializing technology from the University of Washington to manufacture eco-friendly polymers, has upped a recent venture funding to $7.2M, according to a recent regulatory filing ...

READ MORE...
Tuesday, March 30, 2010

Skyron Systems Gets $500K

Portland-based Skyron Systems, a firm developing vertical axis wind turbine products for the power industry, has raised $500,000 in a funding round, according to a recent regulatory filing by the firm. Source of the new funding was not disc...

READ MORE...
Friday, March 26, 2010

NexPlanar Gets $3.5M In Venture Debt Funding

Hillsboro, Oregon-based NexPlanar, a developer of chemical mechanical planarization (CMP) pads for the semiconductor industry, has raised $3.5M in a venture debt round, according to funding provider ATEL Ventures. According to ATEL, the fun...

READ MORE...
Wednesday, March 24, 2010

TechStars Opens Applications For Seattle Effort

TechStars Seattle, the business incubation and mentoring effort, has officially opened up applications for its Seattle program, the group said Tuesday. TechStars, which helps startup founders get their businesses started with intensive ment...

READ MORE...
Tuesday, March 23, 2010

Limeade Raises $3M

Bellevue-based Limeade, which runs employee wellness and health monitoring services, announced today that the firm has raised $3M in a financing round today. Source of the new funding was not disclosed. The firm also said that it has added ...

READ MORE...
Tuesday, March 23, 2010

SpectraWatt Gets $41.4M

SpectraWatt, the Intel spinoff which is manufacturing photovoltaic cells for the solar industry, said today that it has raised $41.4M in funding. The firm, which has operations in Hillsboro, Oregon, said the funding came from Cogentrix Ener...

READ MORE...
Tuesday, March 23, 2010

New Travel Startup From Expedia's Barton Gets Funding

A new, stealth-mode travel startup, headed by Expedia's Rich Barton and VacationSpot.com's Greg Slyngstad, has raised $9.8M in a funding, according to a regulatory filing Monday. No details on the stealthy firm--currently named New Travelco...

READ MORE...
Thursday, March 18, 2010

Avvo Raises $10M

Seattle-based Avvo, which operates an online site which rates lawyers, said today that it has received $10M in a Series C funding round. The round was led by DAG Venturs, and also included prior investors Benchmark Capital and Ignition Part...

READ MORE...
Wednesday, March 17, 2010

Evri Raises $349K Related To Twine Acquisition

Seattle-based Evri, a developer of semantic web search tools, has issued $349,203 in equity, as part of its acquisition last week of Radar Networks, the operator of Twine.com. The details came through a regulatory filing by the firm Wednesd...

READ MORE...
Wednesday, March 17, 2010

Cheetah Medical Raises $20M

Cheetah Medical, a developer of noninvasive hemodynamic and cardiac output monitoring technology, said this week that it has raised $20M in a venture round. The firm, which has its U.S. headquarters in Portland, and international headquarte...

READ MORE...
Wednesday, March 17, 2010

UpWind Solutions Scores $28.8M

Medford, Oregon-based UpWind Solutions has raised $28.8M in a financing round, the firm has announced. The round was led by Kleiner Perkins Caufield & Byers and also included MissionPoint Capital partners. UpWind Solutions provides wind ass...

READ MORE...
Wednesday, March 17, 2010

Amazon.com To Lose Board Member Doerr

Seattle-based Amazon.com is losing long time board member and venture capitalist L. John Doerr, the firm reported in an SEC filing Tuesday. According to the filing, Doerr informed Amazon.com that he would not stand for re-election to its bo...

READ MORE...
Wednesday, March 17, 2010

Second Porch Gets $1.0M In Funding

Portland-based Second Porch, an online site that helps people find vacation home rentals and home exchanges, has raised $1.0m in a Series A investment, the firm said late Tuesday. Second Porch said the round was led by the Oregon Angel Fund...

READ MORE...
Thursday, March 11, 2010

Kinetix Living Sold

Seattle-based Kinetix Living, a firm that provides customized health and nutrition programs, has been sold, according to venture capital firm Maveron. Maveron said late Wednesday that Kinetix Living was acquired by Regence BlueShield of Was...

READ MORE...
Wednesday, March 10, 2010

DeltaPoint Looks To Accelerate Product Development With Prize

Portland, Oregon-based DeltaPoint is planning to accelerate its regulatory, product development and market education efforts with the recent $170,000 the firm garnered at last week's OEN Angel Oregon 2010 Launch State investment competition...

READ MORE...
Wednesday, March 10, 2010

UpWind Solutions Gets $10M

Medford, Oregon-based UpWind Solutions, a provider of operations and support services for wind power projects, has raised $10M in a Series B funding, according to a recent regulatory filing by the firm. Source of the new funding was not ann...

READ MORE...
Tuesday, March 9, 2010

ActiveTrak Gets Funding Round

Portland-based ActiveTrak announced today that it has raised a first round of funding. Financial terms of the funding were not announced, however, the round was led by ProtectCell, a provider of mobile phone warranty and handset protection ...

READ MORE...
Tuesday, March 9, 2010

Institute for Systems Biology Gets $6M From VC

Seattle nonprofit research center The Institute for Systems Biology said Monday that it has received a $6M gift from an un-named California venture capitalist and philanthropist, to support the organization. According to the ISB, the fundin...

READ MORE...
Wednesday, March 3, 2010

ShopIgniter Raises $3M

Portland-based ShopIgniter, a firm developing e-commerce software, said today that it has raised $3M in a funding from Madrona Venture Group. Madrona's Matt Compton has joined the firm as CEO....

READ MORE...
Wednesday, March 3, 2010

Ignition Supports Cloudmark Buy

Bellevue-based venture capital firm Ignition Partners has backed a San Francisco firm's acquisition of a competitor, with a new round of funding. According to Cloudmark, a developer of spam filtering and security software, Ignition was one ...

READ MORE...
Tuesday, March 2, 2010

Vulcan Boosts Semiconductor Firm

Seattle-based Vulcan Capital is re-upping its involvement in a Silicon Valley semiconductor firm, Audience, Audience announced today. Mountain View, California-based Audience, a developer of noise suppression semiconductors for the cell pho...

READ MORE...
Thursday, February 25, 2010

3Tier Lands $3.0M

Seattle-based 3Tier, a provider of wind, solar and hydro energy assessment services for the power industry, has raised $3.0M more in a funding round, according to a regulatory filing filed by the company today. Details on the funding have ...

READ MORE...
Wednesday, February 24, 2010

Smilebox Gets $2M More

Redmond-based Smilebox, an online site to help families share photos and create slideshows, said today that it has received $2M in follow on funding to its Series B round. The firm said the funding will go towards European expansion of its ...

READ MORE...
Tuesday, February 16, 2010

Urban Airship Gets $1.1M

Portland-based Urban Airship, a developer of infrastructure software for the smart phone application market, said today that it has raised $1.1M in a Series A funding round. The round was led by True Ventures, and also included Seattle's Fo...

READ MORE...
Tuesday, February 16, 2010

Cozi Gets $5M

Seattle-based Cozi, which develops applications which helps companies manage their schedules and other activities, has raised $5M in funding, according to a regulatory filing by the firm last week. Details on the funding have not been discl...

READ MORE...
Monday, February 8, 2010

Infinia Gets $11.5M

Kennewick, Washington-based Infinia, a developer of Stirling engines for the solar power industry, has raised another $11.5M in a financing round, according to a regulatory filing by the firm last week. The filing indicates the fundraising ...

READ MORE...
Tuesday, February 2, 2010

Coaxis Gains $10M

Portland-based Coaxis, a developer of software for the construction industry, has raised $10M in an investment round, according to venture firm Updata Partners. Updata said Tuesday that it provided the funding to Coaxis, for growth and inte...

READ MORE...
Monday, February 1, 2010

BlueKai Raises $21M

Seattle-based BlueKai, a provider of online advertising analytics and related services, said Monday that it has raised $21M in a funding round. The Series C funding round was led by GGV Capital, and also included prior investors Redpoint Ve...

READ MORE...
Friday, January 15, 2010

Avnera Raises $10M

Beaverton, Oregon-based Avnera, a developer of systms-on-a-chip for the consumer electronics market, said today that it has raised $10M in a Series D funding round. The round came from Onkyo, as well as existing investors. The firm said Onk...

READ MORE...
Friday, January 15, 2010

SpectraWatt Eyes $41.4M Funding Round

Hillsboro, Oregon-based SpectraWatt, the solar manufacturing firm spun out of Intel, is in the midst of raising $41.4M in funding, according to a regulatory filing by the firm earlier this month. The filing indicates the company has so far ...

READ MORE...
Wednesday, January 13, 2010

Visible Technologies Gets Big, $22M Funding Round

Bellevue-based Visible Technologies said today that it has scored a $22M, Series C funding round for the firm's social media monitoring software. According to Visible Technologies, the round was led by new investor Investor Growth Capital, ...

READ MORE...
Tuesday, January 12, 2010

Buerk Dale Victor Becomes Montlake Capital

Seattle- and Portland-based venture capital firm Buerk Dale Victor said today that the firm has renamed itself Montlake Capital. According to the firm, the name change comes as the firm has "grown and evolved significantly" from a local par...

READ MORE...
Monday, January 11, 2010

Dashwire Raises $2.8M

Seattle-based Dashwire, a developer of a service to back up mobile phone contacts, photos, videos, and text messages, has raised $2.8M in a funding round, according to a recent regulatory filing by the firm. The funding is part of a round k...

READ MORE...
Thursday, January 7, 2010

HaloSource Raises $10M For Clean Water Tech

Bothell-based HaloSource, a developer of drinking water purification technology, said today that it has raised $10M in a new investment round. According to the firm, the financing came from Prime Partners Asia Merchant Capital of Singapore ...

READ MORE...
Thursday, January 7, 2010

SEOmoz's Rand Fishkin: Why We Didn't Get Funding

Rand Fishkin, the CEO of Seattle-based SEOmoz, a provider of search engine optimization services, has posted an extensive, blow-by-blow account of how and why the firm decided to raise a round of venture capital last summer and fall--and wh...

READ MORE...
Wednesday, January 6, 2010

OVP Leads Investment In Advertising Technology Firm

Seattle- and Portland-based OVP Venture Partners is the lead investor in a Bay Area, online advertising technology firm, Aggregate Knowledge, it was disclosed this morning. According to Aggregate Knowledge, which develops advertising person...

READ MORE...
Tuesday, January 5, 2010

Datasphere Gets $10.8M

Belleveue-based Datasphere, a developer of content management tools, disclosed Tuesday via a regulatory filing that it has raised $10.8M in a funding round. The funding came from Ignition Partners and others. Datasphere was previously known...

READ MORE...
Tuesday, January 5, 2010

Verdiem Snags $4.71M

Seattle-based Verdiem, which develops energy management software for PCs, has raised $4.71M out of a $4.93M venture funding round, according to a recent regulatory filing by the firm. No details on the funding have been announced by the com...

READ MORE...
Tuesday, December 22, 2009

Livemocha Lands $8M

Bellevue-based Livemocha, which operates an online community for learning foreign languages, said today that it has raised $8M in a Series B financing round. The round was led by August Capital, and also included prior investor Maveron. The...

READ MORE...
Thursday, December 17, 2009

Zulily Raises $4.6M For Private Sale Site

Seattle-based Zulily, a new startup founded by former Blue Nile executives Darrell Cavens and Mark Vadon, is announcing today that it has raised $4.6M in a Series A funding round. According to Zulily, the round was led by Maveron LLC. Zulil...

READ MORE...
Tuesday, December 15, 2009

Swype Picks Up $5.6M

Seattle-based Swype, which is developing text input technology for smart phones and other mobile devices, announced today that it has raised $5.6M in a Series B funding round. The round was led by Nokia Growth Partners, Samsung Venturse, an...

READ MORE...
Monday, December 14, 2009

Widevine Gets $15M More

Seattle-based Widevine, a developer of DRM software for the entertainment market, said today that it has raised $15M more, in a new funding round. According to Widevine, the funding came from Liberty Global, Samsung Ventures, and a third, u...

READ MORE...
Wednesday, December 9, 2009

Solar Nation Gets $2.0M

Portland-based Solar Nation, a provider of photovoltaic installation and consulting services, has raised $2.0M in an equity fundraising, according to a regulatory filing from the firm today. Source of the new funding was not disclosed....

READ MORE...
Monday, December 7, 2009

JanRain Raises $3.25M

Portland-based JanRain, a developer of online identity software, is announcing this morning that it has raised $3.25M in a Series A funding. The funding was led by DFJ Frontier, and also included RPM Ventures and Anthem Venture Partners. Ac...

READ MORE...
Wednesday, December 2, 2009

Ignition Invests In Photo Wiki Site

Bellevue-based venture capital firm Ignition Partners is one of the investors in a new round of funding for , Fotonauts, which runs photography wiki site Fotopedia.com. The funding was first disclosed in a regulatory filing. According to th...

READ MORE...
Wednesday, December 2, 2009

Vulcan Boosts Online Ad Firm

Seattle-based Vulcan Capital, the venture arm of Microsoft co-founder Paul G. Allen, has re-upped its commitment to a Bay Aarea online display advertising firm, Bizo, as part of a new equity funding round. Bizo said this morning that Vulcan...

READ MORE...
Monday, November 30, 2009

EndoGastric Solutions Gains $21.5M

EndoGastric Solutions, a developer of treatments for gastroesophageal reflux disease (GERD) and other GI disorders which has facilities in Redmond, said late last week that it has raised $21.5M in a Series E financing. The firm said the fun...

READ MORE...
Tuesday, November 24, 2009

Datacastle Snags $3.0M

Seattle-based Datacastle, which develops enterprise, storage backup software, has raised $3M in a new funding round, according to a regulatory filing by the firm Tuesday. The funding came from investor CM Capital Investments, according to X...

READ MORE...
Monday, November 23, 2009

Root Wireless Maps Path To $3.25M

Bellevue-based Root Wireless, which is developing technology to map and analyze the performance of cellular networks, announced Monday that it has raised $3.25M in a funding round. The funding was led by Fred Warren and Oliver Grace, Jr., a...

READ MORE...
Monday, November 23, 2009

Infinia Gets $2.6M

Kennewick, Washington-based Infinia, a developer of Stirling engine technology for the energy industry, has gained another $2.6M in an equity funding, according to a recent regulatory filing by the firm. Source of the new funding was not di...

READ MORE...
Wednesday, November 18, 2009

Voyager Capital Boosts Placecast

Seattle- and Portland-based venture firm Voyager Capital has re-upped its investment in San Francisco area mobile, location-based marketing firm 1020 Placecast, 1020 Placecast said Wednesday. Voyager participated in a $5M, Series B funding ...

READ MORE...
Wednesday, November 18, 2009

Maveron Ventures Into Silicon Valley

Seattle-based venture capital firm Maveron is in an expansion into the Bay Area, the firm announced this morning, saying it has opened up a new office San Francisco. According to Maveron, Partner Amy Errett is leading the new San Francisco ...

READ MORE...
Monday, November 16, 2009

OVP Leads $30M Investment in Stem Cell Firm

OVP Venture Partners has led a $30M investment in a San Diego, California firm focused on stem cell therapy, according to Fate Therapeutics. Fate said that OVP Venture Partners led the firm's latest, Series B funding round, and will be addi...

READ MORE...
Monday, November 16, 2009

Avnera Raises $8M

Beaverton, Oregon-based Avnera, a developer of wireless semiconductors, has raised $8M in a financing deal, according to a regulatory filing by the firm last week. No details on the funding have been announced by the company. The filing ind...

READ MORE...
Friday, November 13, 2009

Enroute Gets $810K

Bellevue-based Enroute Systems, which develops shipping management software, has raised $810,000 in an angel funding. The funding was revealed in a regulatory filing Thursday. According to Xconomy, quoting Keith McCall, the firm's founder a...

READ MORE...
Thursday, November 12, 2009

Doxo Gets $4.75M

Seattle-based Doxo, a stealth mode service which says its is developing solutions to an "age-old problem" addressing a "multi-billion dollar" business, has received $4.75M in a venture funding round which appears to be led by MDV Mohr David...

READ MORE...
Thursday, November 12, 2009

Widevine Gets $7.2M

Seattle-based Widevine, a developer of digital rights management and protection technology, has raised $7.2M, as part of a $9.5M fundraising round, according to a regulatory filing from the firm today. Details on the funding were not yet re...

READ MORE...
Thursday, November 12, 2009

Redfin Raises $10M

Seattle-based online real estate site Redfin has raised another $10M in funding, in a new round led by Greylock Partners. The new, Series D funding also included Madrona Venture Group, Draper Fisher Jurvetson, Vulcan Capital and The Hillman...

READ MORE...
Tuesday, November 10, 2009

Clearwire Confirms $1.5 Billion Fundraising Effort

Kirkland-based Clearwire confirmed today that it is in a deal to raise $1.564 billion in new investment capital, coming from Sprint Nextel Corporation, Comcast, Time Warner Cable, Intel Corporation, Eagle River Holdings, and Bright House Ne...

READ MORE...
Monday, November 9, 2009

Report: Clearwire Getting $1.5B Investment

The Wall Street Journal is reporting today that Sprint Nextel and others are preparing to put $1.5 billion more into Clearwire Corp., the Kirkland-based firm developing a WiMax-based, nationwide wireless network. The WSJ quotes sources "fam...

READ MORE...
Thursday, November 5, 2009

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...

READ MORE...
Thursday, November 5, 2009

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 ...

READ MORE...
Friday, October 30, 2009

Onehub Gets $1.3M

Bellevue-based Onehub, a developer of web-based collaboration software, reported Thursday that it has raised $1.3M in Series A funding. The round came from Ignition Partners and angel investors. As part of the funding, the firm said it has ...

READ MORE...
Wednesday, October 28, 2009

Adometry Gets Funding, Launches Service

Kirkland-based Adometry, a new startup focused on providing metrics for online display and rich media ads, said today that it has raised a round of angel funding, and has launched its software-as-a-service product. The firm said its product...

READ MORE...
Tuesday, October 27, 2009

Giftango Raises $1.4M

Portland-based Giftango, an issuer of virtual gift cards, has raised around $1.4M in an equity fundraising, according to a regulatory filing from the firm last week. The filing indicates the funding is part of an overall, $2.1M fundraising ...

READ MORE...
Tuesday, October 27, 2009

RF Arrays Gains $6.5M

Portland-based RF Arrays, a developer of semiconductors for the RF and Zigbee markets, has raised $6.5M in an equity funding round, according to a regulatory filing from the firm Monday. Source of the new funding was not announced. The firm...

READ MORE...
Tuesday, October 27, 2009

Nuscale Power Raises $1.0M

Corvallis, Oregon-based Nuscale Power, a developer of small nuclear power plant technology, has raised $1.0M in a debt funding round, according to a regulatory filing from the firm today. According to the filing, the funding comes as part o...

READ MORE...
Monday, October 26, 2009

Infinia Gets $3.25M

Kennewick, Washington-based Infinia has gained $3.25M in a debt round, according to a regulatory filing from the firm Monday. Source of the new funding was not disclosed. Infinia is a developer of Stirling engine technology for the energy i...

READ MORE...
Monday, October 26, 2009

Point Inside Raises $700K

Seattle-based Point Inside, a stealth mode startup working on "mapping the inside world" has raised $700,000 in an angel funding, according to a regulatory filing from the firm today. Details on the funding have not been released. The fundi...

READ MORE...
Monday, October 26, 2009

Bezos Backs Aviary

Jeff Bezos, founder of Amazon.com, is one of the investors in New York-based Aviary, a developer of creative applications being deployed as software-as-a-service. The firm announced today that it has received $7M in a Series B financing fro...

READ MORE...
Thursday, October 22, 2009

TechStars Heads To Seattle

TechStars, the highly visible, business incubation effort out of Boulder, Colorado, is heading to Seattle, and is looking to pitch its companies to Seattle-based venture capitalists and angel investors. TechStars--which helps very early st...

READ MORE...
Tuesday, October 20, 2009

AudienceScience Raises $20M

Bellevue-based online advertising firm AudienceScience has confirmed a $20M, venture funding round, which had been disclosed last week. According to the firm, the funding came from Mohr, Davidow Ventures; Mayfield Fund; Meritech Capital Par...

READ MORE...
Tuesday, October 20, 2009

Jive Raises $12M

Portland-based Jive, a developer of social networking software for businesses, said this morning that it has raised $12M in a Series B round of funding. The round came from Sequoia Capital, the firm's original backer. According to Jive, the...

READ MORE...
Monday, October 19, 2009

Visible Technologies Gets Investment From In-Q-Tel

Bellevue-based Visible Technologies, a developer of software for monitoring online reputations, said Monday afternoon that it is in a strategic partnership and technology development agreement with In-Q-Tel, the CIA's investment arm. Detail...

READ MORE...
Monday, October 19, 2009

Dow Jones: Venture Investments Drop To $5.1B In Q3

Venture Capital deals dropped to $5.1 billion in 616 deals, according to a report released by Dow Jones VentureSource over the weekend. According to Dow Jones, the results point to the worst investment year since 2003. The quarterly totals ...

READ MORE...
Friday, October 16, 2009

AudienceScience Raises $15M

Bellevue-based AudienceScience, the online advertising firm formerly known as Revenue Science, has scored $15M in a funding round, according to a regulatory filing by the firm Thursday. Source of the new funding was not disclosed. The Seri...

READ MORE...
Wednesday, October 14, 2009

Integrated Diagnostics Gets $30M

Seattle-based Integrated Diagnostics, the biotech startup headed by Dr. Leroy Hood, said today that it has raised more than $30M in funding, and will focus on personalized and preventative diagnostics using genomic and proteomic technologie...

READ MORE...
Tuesday, October 13, 2009

Visible Technologies Gets $2M In Debt

Bellevue-based Visible Technologies, a provider of Internet brand and reputation services, has raised another $2M in funding, the firm said Tuesday. Visible Technologies said the round came from its existing investors. The firm said the fun...

READ MORE...
Monday, October 12, 2009

Endogastric Solutions Gets $2.0M

Redmond-based Endogastric Solutions, a developer of medical devices for treating gastroesophageal reflex disease (GERD), has raised $2.0M in a funding round, according to a regulatory filing from the firm last week. According to the filing,...

READ MORE...
Monday, October 12, 2009

Clinicient Gets $250K More

Portland-based Clinicient, which develops outsourced physical therapy billing software, has raised another $250,000, according to a regulatory filing from the firm last week. The additional funding comes on top of $2.0M raise in March of th...

READ MORE...
Friday, October 9, 2009

Nearlyweds Scores $150K For Wedding Site

Seattle-based Nearlyweds, an online service for creating personalized, wedding web sites, has raised $150,000 in a round of funding, according to a regulatory filing from the firm Friday. Chris DeVore is an investor in the firm. Nearlyweds...

READ MORE...
Thursday, October 8, 2009

Uptake Medical Gets $4.5M More

Seattle-based Uptake Medical, a developer of treatments for emphysema, has raised $4.5M in an ongoing, $13.3M round, according to a regulatory filing from the firm today. No details on the funding have been announced. The filing indicates t...

READ MORE...
Thursday, October 8, 2009

Madrona Promotes Porter, Jacobson

Seattle-based venture capital firm Madrona Venture Group said earlier this week that it has promoted Tim Porter and Scott Jacobson to Partner. Managing Director Greg Gottesman said that the move came to "recognize all that Tim and Scott are...

READ MORE...
Tuesday, October 6, 2009

Veratect Gets $4.21M In Funding

Kirkland-based Veratect, a firm which provides tracking of emerging threats to human, animal and plant life--including swine flu and other influenza--has raised $4.21M in a funding round, according to a regulatory filing from the firm today...

READ MORE...
Tuesday, October 6, 2009

PopCap Games Raises $22.5M

Seattle-based casual games maker PopCap Games announced this morning that it has raised its first, ever, round of funding, worth $22.5M. The round was led by Meritech Capital Partners, and also included individuals Larry Bowman and John McC...

READ MORE...
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...

READ MORE...
Wednesday, September 30, 2009

Spiration Gets $7M

Seattle-based Spiration, a maker of medical devices for treating emphysema, has raised $7M in a convertible debt round, according to a regulatory filing. According to reports, the funding came from Olympus Medical Systems. Spiration is back...

READ MORE...
Friday, September 25, 2009

PitchBook Data Scores $3.8M

Seattle-based PitchBook Data, which maintains an online database of private equity deals and firms, along with related newsletters, has raised $3.8M in a funding round, according to a regulatory filing and reports. The firm is headed by Joh...

READ MORE...
Wednesday, September 23, 2009

Maveron Backs Online College Effort

Seattle-based venture firm Maveron has put its weight behind a firm which operates online, accredited colleges, Altius Education, Altius said today. According to Altius, Maveron is one of the two firms leading a $8M, Series A investment in ...

READ MORE...
Tuesday, September 22, 2009

Integrative Diagnostics Takes $7.5M

Seattle-based Integrative Diagnostics, a firm developing technology to detect cancer in the bloodstream, has raised $7.252M as part of an ongoing, $30.1M fundraising effort, according to a regulatory filing from the firm last week. No detai...

READ MORE...
Friday, September 18, 2009

Ensequence Raises $20M

Portland-based Ensequence disclosed today that it has raised $20M in a new funding round. The firm, which develops interactive television technology, said that the funding was led by Clay Mathile, CEO of CYMI technologies, and former CEO an...

READ MORE...
Friday, September 18, 2009

Voyager Adds Adobe's Chizen As Venture Partner

Seattle-based venture capital firm Voyager Capital reports this morning that it has added Bruce Chizen, the former CEO of Adobe Systems, as a Venture Partner at the firm. Chizen has previously been involved with Voyager as a member of its A...

READ MORE...
Thursday, September 17, 2009

Calypso Medical Raises $50M

Seattle-based Calypso Medical Technologies said Thursday that it has raised $50M in a venture funding round. The firm, which develops medical technology for tracking tumors, said that the round was led by Skyline Ventures and Frazier Health...

READ MORE...
Wednesday, September 16, 2009

SynapticMash Gets $200K

Seattle-based SynapticMash, a developer of educational software for the classroom, has raised another $200,000, as part of an ongoing, $2M fundraising effort, according to a regulatory filing from the firm today. Source of the new funding w...

READ MORE...
Wednesday, September 16, 2009

Getty Images Makes Investment In Daylife

Seattle-based Getty Images disclosed today that it has made a strategic investment in New York-based content services firm Daylife. Financial details of the investment were not disclosed. Getty said that the investment came alongside a comm...

READ MORE...
Tuesday, September 15, 2009

Lucid Commerce Gets $1.9M

Seattle-based Lucid Commerce, a developer of business intelligence tools for direct marketers, has raised $1.9M out of a $4.0M venture funding round, according to a regulatory filing from the firm this morning. Details on the funding have n...

READ MORE...
Thursday, September 10, 2009

SchemaLogic Raises $1.0M In Debt

Kirkland-based SchemaLogic, a developer of business integration and classification software, has raised $1.0M in a debt financing, according to a regulatory filing from the firm this week. No details on the financing were released by the co...

READ MORE...
Wednesday, September 2, 2009

Dashwire Gets $1.1M

Seattle-based Dashwire, a developer of a service to back up mobile phone contacts, photos, videos, and text messages, has raised $1.1M more, as part of a $2.8M fundraising effort, according to a regulatory filing from the firm Tuesday. The ...

READ MORE...
Thursday, August 27, 2009

ClearEdge Power Raises $15.0M

Hillsboro, Oregon-based ClearEdge Power has raised $15.0M in a funding round, according to a regulatory filing by the firm today. The firm is backed by the Kohlberg Family, Big Basin Partners, and Applied Ventures; no details on who led the...

READ MORE...
Tuesday, August 25, 2009

TUUSSO Energy Gets $2M

Seattle-based TUUSSO Energy, a developer of utility-scale solar projects, said Monday that it has raised $2M in a financing round. The funding came from Portland-based clean technology investor Pivotal Investments, as well as Akula Energy V...

READ MORE...
Tuesday, August 25, 2009

Smith & Tinker Raises $29M

Bellevue-based Smith & Tinker said this morning that it has raised $29M in a venture capital funding round. The firm, which develops online, multiplayer games, said the funding was led by DCM, and also included Alsop Louie Partners, DCM, Fo...

READ MORE...
Monday, August 24, 2009

OVP Backs Genomics Firm

Seattle-based OVP Venture Partners is continuing its investment in a Silicon Valley, human geneome sequencing company, Complete Genomics. Complete Genomics said this morning that it has raised $45M in a Series D equity financing round. The ...

READ MORE...
Tuesday, August 18, 2009

iovation Gains $1M

Portland-based iovation, a developer of technology for detecting fraud on the Internet, has raised $1.0M out of a $3.0M funding round, according to a regulatory filing by the firm Tuesday. Source of the new funding was not disclosed. iovati...

READ MORE...
Tuesday, August 18, 2009

ClearAccess Raises $6M

Vancouver, Washington-based ClearAccess, a developer of software for remote management of set top boxes and other broadband equipment, has raised $6M in a funding. The funding was co-led by Blade Ventures and Buerk Dale Victor. Prior invest...

READ MORE...
Tuesday, August 18, 2009

Jambool Digs Up $5M For Social Gold

Jambool, a startup started by two ex-Amazon employees, said today that it has raised $5M in a financing round, for the firm's software for handling virtual goods and payments. The funding came from Madrona Venture Group and Bay Partners. Th...

READ MORE...
Tuesday, August 18, 2009

Advanced Inquiry Systems Lands $11M

Hillsboro, Oregon-based Advanced Inquiry Systems announced this morning that it has raised $11M in a Series B financing round. The firm, which develops systems for lower-cost testing of semiconductor memory, said that investors included OVP...

READ MORE...
Tuesday, August 18, 2009

Apptio Gains $14M

Bellevue-based Apptio said this morning that the firm has raised $14M in a Series B round of funding. The round came from Andreessen Horowitz Fund, the new investment fund run by Marc Andreessen and Ben Horowitz; Shasta Ventures; and existi...

READ MORE...
Thursday, August 13, 2009

Z2Live Raises $3M

Seattle-based Z2Live said today that it has raised $3M in a venture funding round. The funding came from Madrona Venture Group. The company said it is developing real-time, multiplayer services targeted at the Apple iPhone and iPod touch ma...

READ MORE...
Thursday, August 13, 2009

Trilogy Leads Investment In Web Acceleration Firm

Bellevue-based Trilogy Equity Partners is the lead in the funding of an Israeli, web acceleration firm, Crescendo Networks, Crescendo said today. According to Crescendo, it raised $5M in a round led by Trilogy Equity Partners. The funding a...

READ MORE...
Thursday, August 13, 2009

Madrona Taps aQuantive's Brian McAndrews As Managing Director

Seattle-based Madrona Venture Group reports this morning that it has added former aQuantive CEO Brian P. McAndrews as a Managing Director of the firm. Madrona said that McAndrews will identify and lead investments out of its recent $250M fu...

READ MORE...
Wednesday, August 12, 2009

JanRain Raises $1.0M

Portland-based JanRain, a developer of OpenID single-sign on technology for the consumer Internet, has raised $1.0M in an equity funding round, according to a regulatory filing from the firm Wednesday.The funding comes as part of a $3.0M, S...

READ MORE...
Tuesday, August 11, 2009

VirtenSys Gets $16M

Beaverton, Oregon- and UK-based VirtenSys Ltd. announced today that it has raised $16M in a funding round. The firm said the Series C funding came from existing investors Scottish Equity Partners (SEP), Celtic House Venture Partners (CHVP),...

READ MORE...
Wednesday, August 5, 2009

Oncothyreon Gets $15M in PIPE

Seattle-based Oncothyreon, a publicly held biotech firm developing treatments for cancer, has scored $15M in a private placement in the publicly held firm. According to Oncothyreon, it is seeling 2.28 million shares of its common stock and ...

READ MORE...
Friday, July 24, 2009

Limeade Gets $2.4M

Bellevue-based Limeade, which operates an online service to track employee wellness, has raised $2.4M in a funding round, according to a filing by the firm yesterday. The round--which actually opened in July of 2008--has a target of $3.0M. ...

READ MORE...
Thursday, July 23, 2009

OVP Portfolio Firm Acquired, Says Report

A report Thursday says that one of Seattle- and Portland-based OVP Partners portfolio companies, M2E Power, located in Boise, Idaho, has been acquired. According to VatorNews, M2E Power was acquired by Motionetics. No financial terms of the...

READ MORE...
Tuesday, July 21, 2009

Finsphere Raises $9M

Bellevue-based Finsphere, a firm working on identity theft protection products, has raised $9M in a funding round, according to a regulatory filing from the firm Monday. Details on the funding have not been released. Finsphere is backed by ...

READ MORE...
Tuesday, July 21, 2009

MoneyTree Report: Venture Capital Investments Total $3.7B

PricewaterhouseCoopers and the National Venture Capital Association have weighed in on the quarterly venture capital investment activity, saying this morning that there was $3.7 billion invested in 612 deals in Q2 of 2009. The MoneyTree Rep...

READ MORE...
Monday, July 20, 2009

OncoGenex Gets $9.5M In PIPE

Bothell-base OncoGenex Pharmaceuticals, which is focusing on treatments for cancer, disclosed Monday that the firm has inked a deal with institutional investors, where those investors will buy 475,000 shares of its common stock at $20 per s...

READ MORE...
Monday, July 20, 2009

Routeware Raises $615K

Beaverton, Oregon-based RouteWare, which develops software used to manage waste hauling scheduling, dispatch, and routing, has raised $615,000 in a funding round, according to a regulatory filing by the firm today. The funding came as part ...

READ MORE...
Monday, July 20, 2009

Yecuris Gains $1.25M

Portland-based Yecuris, a biotech startup spun out of Oregon Health and Science University, has raised $1.25M in a funding round, according to a regulatory filing from the firm today. According to the filing, the equity fundraising came fro...

READ MORE...
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...

READ MORE...
Thursday, July 16, 2009

AboutUs Raises $1.2M

Portland-based AboutUs, which operates a wiki-style site giving information about web sites, has raised $1.2M in an equity funding round, according to a regulatory filing from the firm today. Source of the funding was not disclosed. Accordi...

READ MORE...
Thursday, July 16, 2009

Blue Marble Energy Gains Funding

Seattle-based Blue Marble Energy, which says it is developing technology to convert cellulosic materials such as algae, plants, and food waste into chemicals, said it has scored a Series A financing round. The firm did not disclose the amou...

READ MORE...
Wednesday, July 15, 2009

Bio Architecture Lab Gets $3.3M

Seattle-based Bio Architecture Lab, a startup out of the University of Washington, has raised $3.3M in an equity funding round, according to a regulatory filing from the firm today. Details on the funding have not been released by the compa...

READ MORE...
Wednesday, July 15, 2009

OVP Ventures Into Limerick BioPharma

Seattle venture capital firm OVP Venture Partners is the lead in the funding of a San Francisco firm developing biopharmaceuticals, according to the firm, Limerick BioPharma. Limerick, which develops compounds for reducing side effects in d...

READ MORE...
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...

READ MORE...
Thursday, July 9, 2009

Pacific Northwest Deals Total Around $355M In Q2

An analysis of the venture capital deals in Washington and Oregon by Northwest Innovation finds that there was around $355M invested in Q2 of 2009, up significantly from around $131M invested in Q1. The three largest deals for the quarter...

READ MORE...
Wednesday, July 8, 2009

EndoGastric Solutions Gains $7.5M

Redmond-based EndoGastric Solutions, a developer of medical devices for treating gastroesophageal reflex disease (GERD), has raised another $3.75M in funding for the firm, according to a regulatory filing from the firm today. The round come...

READ MORE...
Tuesday, July 7, 2009

Qliance Gains $4M

Seattle-based Qliance Medical Management, an operator of primary care clinics in Washington State, reported today that it has closed on $4M in a funding round. The funding was led by Second Avenue Partners, and also included New Atlantic Ve...

READ MORE...
Thursday, July 2, 2009

Ground Truth Gains $2.6M In Funding

Seattle-based stealth mode startup Ground Truth has raised around $2.6M in a equity fundraise, according to a regulatory filing by the firm Thursday. According to the filing, board members of the firm include Tom Huseby and Erik Benson of V...

READ MORE...
Wednesday, July 1, 2009

Prometheus Energy Gets $10M

Prometheus Energy, a developer of technology to convert emissions from landfills into liquid natural gas, has raised $10M out of a $20M equity fundraise, according to a regulatory filing by the firm earlier this week. According to the filin...

READ MORE...
Wednesday, July 1, 2009

PhysioSonics Confirms $2.0M Fundraising

Bellevue-based PhysioSonics officially confirmed the firm's recent $2.0M financing in a second tranche of a Series A this morning, saying that the funding came from an unnamed strategic investor. The firm said the follow on investment bring...

READ MORE...
Wednesday, July 1, 2009

Venture Backed Liquidity At Six Year Low

Last quarter was not a good quarter for venture liquidity, Dow Jones VentureSource is reporting today. Dow Jones said that Q2 was a six year low for exits for venture-capital backed firms, with only $2.8 billion in liquidity events -- merge...

READ MORE...
Friday, June 26, 2009

Daptiv Gains $1.5M In Debt Funding

Seattle-based Daptiv a developer of online project management and collaboration software, has raised $1.5M in a debt financing, according to a regulatory filing by the firm this week. No details on the funding were released by the firm. Dap...

READ MORE...
Friday, June 26, 2009

Yapta Gets $2M

Seattle-based travel site Yapta.com said Thursday that the firm has raised $2M in a Series B investment round, upping the total raised by the firm to $7.7M. According to Yapta, the round was led by Voyager Capital, and also included Bay Par...

READ MORE...
Wednesday, June 24, 2009

Escapia Raises $1.6M

Seattle-based Escapia has raised $1.6M in a round of funding, the firm said this week, for the firm's web-based vacation rental management and marketing products. The funding was led by Steven D. Murch, Buerk Dale Victor, and Atlas Accelera...

READ MORE...
Tuesday, June 23, 2009

Jobvana Gets Funding Round

Seattle-based Jobvana.com, which operates an online business marketplace, reported Tuesday that the firm has raised a new, undisclosed round of funding. Amount of funding for the firm was not disclosed. Jobvana said the funding came from Ra...

READ MORE...
Tuesday, June 23, 2009

Reductive Labs Gets $2.0M

Portland-based Reductive Labs announced this morning that the firm has raised $2M in a funding round, for its enterprise IT automation tools. The funding came from True Ventures, and other, unnamed private investors. According to the firm, ...

READ MORE...
Monday, June 22, 2009

Microvision Gets $15M PIPE Investment

Redmond-based Microvision, a developer of micro-display products and technology, said this morning that the firm has reached an agreement with Taiwanese firm Walsin Lihwa to receive a $15M equity investment from the firm. According to Micro...

READ MORE...
Friday, June 19, 2009

LiquidPlanner Raises $1.4M

Bellevue-based LiquidPlanner, which is developing online, scheduling and project management software, has raised $1.4M in a funding round, according to a regulatory filing by the firm today. According to the filing, Voyager Capital's Geoff ...

READ MORE...
Thursday, June 18, 2009

5to1.com Gains Funding

Seattle-based 5to1.com, a stealth startup, disclosed in a regulatory filing this week that it has completed a $4.5M in a funding round. According to the filing, investors include Prism Ventureworks, and Fuse Capital. Woody Benson of Prism V...

READ MORE...
Thursday, June 18, 2009

Amazon, Madrona Invest In Animoto

Seattle-based Madrona Venture Group has led an investment into New York-based Animoto, a developer of a web-based, video creation service. According to Animoto, it raised $4.4M in funding, from Madrona, Jeff Clavier's SoftTech VC, and iStoc...

READ MORE...
Wednesday, June 17, 2009

Optimum Energy Gets $4.5M For Energy Efficiency Software

Seattle-based Optimum Energy said Wednesday that the firm has raised $4.5M in an equity financing round. According to Optimum Energy, the funding round was led by Columbia Pacific Advisors. Optimum Energy develops softwar for the heating, v...

READ MORE...
Tuesday, June 16, 2009

CourtTrax Raises $450K

Bellevue, Washington-based CourtTrax, which operates a service which allows users to search for legal filings, and aggregates results from many, different court systems, has raised $450,000 in a equity funding round, according to a regulato...

READ MORE...
Tuesday, June 16, 2009

Doyenz Gains $4.3M

Bellevue, Washington-based Doyenz, a developer of automated virtualization software targeted at disaster recovery and business continuity, has raised $4.3M in a equity funding round, according to a filing from the firm today. According to t...

READ MORE...
Monday, June 15, 2009

Digimarc, Nielsen In Two Joint Ventures

Beaverton, Oregon-based Digimarc, a developer of technology for watermarking various kinds of content and identification, said today that it has entered into a deal with The Nielsen Company to jointly launch two new companies. According to ...

READ MORE...
Wednesday, June 10, 2009

PV Powered Raises More Funding

Bend, Oregon-based PV Powered, a manufacturer of solar power inverters, announced Tuesday that it has received millions in debt and equity financing from Evans Renewable Holdings II LLC. The specific amount of the multimillion-dollar invest...

READ MORE...
Tuesday, June 9, 2009

Microsoft's IP Ventures Funds Irish Startup

Microsoft IP Ventures has helped fund the launch of a new technology-oriented startup company based in Dublin, Ireland, Microsoft announced this morning. Microsoft said it and Enterprise Ireland collaborated to found the startup, InishTech....

READ MORE...
Tuesday, June 9, 2009

NanoString Technologies Gets $30M

Seattle-based NanoString Technologies, a developer of life sciences technology for characterizing biological samples, said today that the firm has raised $30M in a Series C equity financing. According to the firm, the round was led by Claru...

READ MORE...
Wednesday, June 3, 2009

Prepared Response Gets $6.3M

Seattle-based Prepared Response, a provider of crisis management and emergency management software, has has raised $6.3M out of a $8.7M equity funding round, according to a regulatory filing by the firm today. Details on the funding were no...

READ MORE...
Tuesday, June 2, 2009

EnerG2 Adds $2.5M More

Seattle-based EnerG2, a University of Washington spinoff developing advanced materials, has raised $2.5M more in funding, according to a regulatory filing by the firm today. According to the filing, the firm has now raised $11.0M in funding...

READ MORE...
Monday, June 1, 2009

Mediquest Therapeutics Gets $2.3M

Bellevue-based Mediquest Therapeutics, which is developing products for the topical treatment of inflammatory and infectious diseases, has apparently raised $2.3M of an ongoing, $15M equity funding round, according to a regulatory filing fr...

READ MORE...
Wednesday, May 27, 2009

1000 Markets Gets $500K

Eastsound, Washington-based 1000 Markets, which operates an online marketplace for handmade and artisan gifts, has raised $503,739 in a equity funding round, according to a regulatory filing. The firm is run by Matthew Trifiro. No details o...

READ MORE...
Wednesday, May 27, 2009

OVP Boosts Tigo Energy

Kirkland, Washington-based venture capital firm OVP Ventures is one of the returning investors in Silicon Valley firm Tigo Energy, Tigo said Tuesday. Tigo, which develops technology for increasing the efficiency of photovoltaic systems, sai...

READ MORE...
Wednesday, May 27, 2009

TeachStreet Raises $1.2M

Seattle-based TeachStreet, which operates a website that helps local teachers and students connect, said today that it has raised an additional $1.2M in funding, from existing investors and its management team. According to Dave Schappell, ...

READ MORE...
Friday, May 22, 2009

Infinia Gets $14.1M

Kennewick, Washington-based Infinia has raised $14.1M in what looks to be a convertible debt round, part of a $50M raise by the firm, according to a regulatory filing today by the firm. No details of the funding have been released by the fi...

READ MORE...
Thursday, May 21, 2009

Visible Technologies Sees $6M In Debt Financing

Bellevue, Washington-based Visible Technologies which operates a service for monitoring the brand and reputation of companies on the Internet, has raised $6M in debt financing round, according to a regulatory filing by the company today. Th...

READ MORE...
Wednesday, May 20, 2009

HealthUnity Gains More Funding

Bellevue-based HealthUnity, a developer of software for the healthcare industry, has raised additional funding worth around $650,000, based on a recent regulatory filing by the firm and previously disclosed funding from the company. In the ...

READ MORE...
Wednesday, May 20, 2009

Pathway Medical Closes Series D Funding

Kirkland-based Pathway Medical Technologies disclosed Wednesday that the firm has closed its Series D investment round, adding new investor WRF Capital to the $42.5M funding. Pathway said that WRF invested $1.5M as part of its previously an...

READ MORE...
Tuesday, May 19, 2009

CoAptus Gains $3M

Redmond-based CoAptus Medical, which is developing non-implant, energy-based device to treat the heart condition patent foramen ovale (PFO), has raised $3.0M in an equity round of funding, according to a regulatory filing from the firm. CoA...

READ MORE...
Monday, May 18, 2009

Accelitec Adds To Funding

Bellingham, Washington-based Accelitec, a developer of RFID enabled marketing technology, has now raised $4.6M in capital, according to a recent regulatory filing. Details on the funding have not been released by the firm, however, accordin...

READ MORE...
Monday, May 18, 2009

Xori Spins Out Of Accelerator

Seattle-based XORI, a biotech startup, has spun out of Accelerator Corp.. According to Accelerator, Xori is focused on technology for the rapid discovery and development of monoclonal antibodies (MAbs). Investors in the Series A funding inc...

READ MORE...
Friday, May 15, 2009

Vulcan Capital Promotes Temple

Seattle-based Vulcan Capital, the private investment firm of Microsoft's Paul G. Allen, said late Thursday night that it has promoted Chris Temple to President. Temple has been a Vice President at Vulcan since September of last year. Accord...

READ MORE...
Thursday, May 14, 2009

SynapticMash Gets $1.25M

Seattle-based SynapticMash, which develops educational tools for the classroom, has raised $1.25M in a funding round, according to a regulatory filing from the firm. Source of the funding was not disclosed. The firm's products include learn...

READ MORE...
Wednesday, May 13, 2009

Dashwire Raises $1.6M

Seattle-based Dashwire, which develops a web-based service to back up mobile phone settings and information, has quietly raised $1.6M in funding for the firm, according to regulatory filing. The filing said that the firm raised $1.6M out of...

READ MORE...
Wednesday, May 13, 2009

Delve Networks Raising Funding

Seattle-based Delve Networks appears to have scored some initial funding in a new, ongoing venture round, according to a regulatory filing from the firm today. According to the filing, Delve has raised $1.65M out of an ongoing, $11.27M equi...

READ MORE...
Monday, May 11, 2009

Proteotech Nabs $500K In Debt Funding

Kirkland, Washington-based Proteotech has scored $519,401 in debt financing, according to a recent regulatory filing by the firm. Source of the debt financing was not disclosed. Proteotech develops treatments for Alzheimer's disease, Parkin...

READ MORE...
Thursday, May 7, 2009

Foodista.com Announces Funding

Seattle-based Foodista has formally announced its Series A financing round this week. Amazon.com led the round. The round had already been disclosed in late April. Financial terms of the investment were not disclosed by Foodista, however, r...

READ MORE...
Tuesday, May 5, 2009

Calistoga Pharmaceuticals Raises $30M More

Seattle-based Calistoga Pharmaceuticals, which is developing treatments for cancer and inflammatory diseases, said Tuesday that it has raised $30M in a Series B funding round. Calistoga said that the funding came from Alta Partners, Amgen V...

READ MORE...
Tuesday, May 5, 2009

Gist Gets $6.75M

Seattle-based Gist is reporting today that the firm has raised $6.75M in a funding round. According to the firm, the round was led by Foundry Group, and also included prior investor Vulcan Capital. Gist is a developer of software which inte...

READ MORE...
Friday, May 1, 2009

Talyst Co-Founder Looks To Start VC Fund

Former Talyst co-founder Jim Torina apparently is looking to start his own, venture capital fund, based in Bellevue, Washington, according to a report from PEHub. According to the publication, Torina is trying to raise a seed-stage fund cal...

READ MORE...
Thursday, April 30, 2009

Likewise Gains $10M

Bellevue-based Likewise, a developer of security and authentication products, said Thursday that it has raised $10M in a Series C round of funding. According to the firm, the funding was led by Ignition Partners, Trinity Ventures and Intel ...

READ MORE...
Tuesday, April 28, 2009

5to1 Raises $2M

Seattle-based 5to1.com, a stealth mode startup, disclosed Tuesday in a regulatory filing that the firm has raised $2.0M out of an ongoing, $3.25M venture round. Details on the funding have not been released, however, the firm lists James He...

READ MORE...
Tuesday, April 28, 2009

Vigilos Gains $1.4M

Seattle-based Vigilos, a provider of software for remote monitoring of physical facilities, said that it has raised $1.4M. According to the firm, the round was led by Northwest Venture Associates. The company said it is also in the process ...

READ MORE...
Monday, April 27, 2009

Symform Raises $1.5M

Seattle-based Symform, a provider of cloud computing software, announced today that it has raised $1.5M in a Series A financing. The round came from OVP Venture Partners. According to Symform, it is developing an enterprise-class, data stor...

READ MORE...
Monday, April 27, 2009

DFJ Frontier Opens Shop In Portland

DFJ Frontier, one of the affiliate venture capital firms of Draper Fisher Jurvetson, is announcing this morning that it has opened up a new office in the Portland area. According to the fund, it has tapped Eric Rosenfeld and Bob Ward--cofou...

READ MORE...
Friday, April 24, 2009

Opscode Gains $2.5M In Series A

Seattle-based Opscode announced Friday that the firm has raised $2.5M in a Series A funding for the firm's technology, which is focused on cloud infrastructure. The funding round came from Draper Fisher Jurvetson. According to the firm, the...

READ MORE...
Thursday, April 23, 2009

Lookstat Gains $500K

Seattle-based Lookstat, a developer of web analytics technology for tracking the sales of microstock photography, has raised $500k in a venture round from the Founder's Coop. The funding was first disclosed by Xconomy. Lookstat's service he...

READ MORE...
Wednesday, April 22, 2009

Newpath Networks Gains $30M

Seattle-based Newpath Networks, a developer of wireless infrastructure, has scored $30M in a funding from a pair of private equity firms. According to New York-based Charterhouse Group, it has invested $20M in NewPath Networks, alongside a ...

READ MORE...
Wednesday, April 15, 2009

SignaCert Gets $8.8M

Portland-based SignaCert, a provider of IT compliance software, announced earlier this week that it has raised $8.8M in a Series B financing round. Investors in the round included DCM, Intel Capital, SmartForest Ventures, as well as the ven...

READ MORE...
Tuesday, April 14, 2009

ExtraHop Networks Finds $5.1M

Seattle-based ExtraHop Networks announced Tuesday that the firm has raised $5.1M in a Series A funding round. The round was led by Madrona Venture Group, and also included angel investors Marc Andreessen and Ben Horowitz. According to Extra...

READ MORE...
Tuesday, April 14, 2009

Cell Therapeutics Gets $15M In PIPE

Cell Therapeutics announced late Monday that an institutional investor has purchased $15 million of Series 1 Preferred Stock and associated warrants and might buy up to $5 million more within the next 60 days. CTI, which develops therapies ...

READ MORE...
Monday, April 13, 2009

Azaleos Raises $5M

Seattle-based Azaleos, a provider of managed Microsoft Exchange services, has raised $5M in an equity funding, according to a regulatory filing. According to the filing, filed this morning, the funding came on April 1st. No details of the f...

READ MORE...
Monday, April 13, 2009

Amazon Backs Booktour

Amazon.com is an investor in BookTour, an online directory focused on book author events, according to a report from PEHub.com. According to PEHub, citing a regulatory filing, BookTour received $350,000 in a recent investment round....

READ MORE...
Monday, April 13, 2009

Adapx Raises $9M

Seattle-based Adapx is announcing this morning that it has raised $9M in a Series B funding round. According to the firm's CEO, Ken Schneider, the round was led by UV Partners, and also included OVP and Paladin Capital, existing investors i...

READ MORE...
Friday, April 10, 2009

TalentSpring Raises $1.6M

Seattle-based TalentSpring announced Friday that the firm has raised $1.6M in an investment round. The funding came from Second Avenue Partners and other private investors. TalentSpring, which develops a service which searches social networ...

READ MORE...
Friday, April 3, 2009

Likewise Raises $4M

Bellevue, Washington-based Likewise, a developer of software for managing Linux servers, disclosed this week in a regulatory filing that it has raised $4M in an equity funding round. No details of the funding have been released by the compa...

READ MORE...
Thursday, April 2, 2009

Swype Nabs $1.35M

Seattle-based Swype, a developer of software used for handling gesture-based text input on screens, has raised $1.35M in $1.7M funding round, according to a regulatory filing. The firm, which develops a method for more easily inputting text...

READ MORE...
Thursday, April 2, 2009

Pacific Northwest Companies Raise Around $131M In Q1

Companies in the Pacific Northwest raised around $131M in venture capital for Q1, according to an analysis of Northwest Innovation's proprietary venture capital database. According to an analysis of the data, VC investments were down sign...

READ MORE...
Wednesday, April 1, 2009

Onehub Gains $600K

Bellevue-based Onehub, which operates a service which allows user to share files, manage projects, and collaborate with others online, has raised nearly $600K in funding, according to a regulatory filing by the firm. According to the filing...

READ MORE...
Wednesday, April 1, 2009

Earth Class Mail Looks For More Funding

Seattle-based Earth Class Mail is apparently looking for more funding, according to reports. The firm, which has previously received funding from Ignition Partners and the Keiretsu forum, is looking to raise between $11M and $20M, according...

READ MORE...
Monday, March 30, 2009

Pathway Medical Gains $40M

Kirkland, Washington-based Pathway Medical Technologies announced this morning that the firm has raised $40M in a Series D funding round. According to the firm, the funding came from Forbion Capital Partners, HLM Venture Partners, Latterell...

READ MORE...
Wednesday, March 25, 2009

Vulcan Invests In Voice Processing Firm

Paul Allen's Vulcan Capital has re-upped its investment in a Silicon Valley firm, Audience, which develops voice processing semiconductors. Audience, which is based in Mountain View, California, said this morning that it raised $15M in a ro...

READ MORE...
Thursday, March 19, 2009

Bezos' Backed ChaCha Gains $12M

Indianapolis-based ChaCha, which operates a SMS search service which provides human answers via cell phone, said Wednesday that the firm has raised $12M in funding. The firm did not disclose who funded this round, however, the firm's lead i...

READ MORE...
Monday, March 16, 2009

Skytap Gets $7M

Seattle-based Skytap, a developer of cloud-based, virtual lab services, said Monday morning that it has raised $7M in a Series B funding round. The firm said the funding came from Ignition Partners, Madrona Venture Group, and the Washington...

READ MORE...
Thursday, March 12, 2009

OVP Names Technical Advisor

Seattle-based OVP Venture Partners announced Thursday afternoon that it has added stem cell expert and scientist Irving L. Weissman, M.D. to its technical advisory group. Weissman said that Weissman is the founder of SyStemix, Inc., StemCel...

READ MORE...
Wednesday, March 11, 2009

Blade Games World Takes $4M

Bellevue-based Blade Games World, the video game firm created out of Digini and Vyk Games, said Wednesday that it has raised $4M in funding. According to the company, the round came from California Technology Ventures. Blade Games develops ...

READ MORE...
Wednesday, March 11, 2009

Complaints.com Gets Angel Investment

Bellevue, Washington-based Complaints.com, a web site that allows consumers to complain about companies and send them feedback, said today that the firm has scored an angel investment from Rob Monster. Financial terms of the investment were...

READ MORE...
Friday, March 6, 2009

Twilio Gains Funding

Seattle- and San Francisco-based Twilio announced an initial funding earlier this week. Financial terms of the funding were not disclosed. The funding came from The Founders Fund and Mitch Kapor. Twilio is looking to create a cloud-based, A...

READ MORE...
Wednesday, March 4, 2009

Voyager Snags Entress As Venture Partner

Seattle-based venture capital firm Voyager Capital announced today that it has added Geoff Entress as a Venture Partner at the firm. According to Voyager, Entree will focus on Internet and digital media investments in the Pacific Northwest,...

READ MORE...
Wednesday, March 4, 2009

Second Avenue Invests In Celebrity Site

Seattle-based Second Avenue Partners has re-upped its investment in a Connecticut firm, Fanzter, which operates celebrity web site Coolspotters.com. According to Fanzter, Second Avenue--which was the lead investor in the firm's Series A rou...

READ MORE...
Monday, March 2, 2009

Ignition Backs Mobile Diagnosis Firm

Seattle-based Ignition Partners is the lead venture capital backer of a Silicon Valley firm, Zenprise. According to Zenprise, it raised $10M this morning in a round led by Ignition Partners, which also included other investors Bay Partners,...

READ MORE...
Tuesday, February 24, 2009

Topaz Bridge Gets $2M

Bellevue, Washington-based Topaz Bridge, a developer of an application which connects SAP software with Microsoft Office Sharepoint 2007, said this morning it has received $2M in what it described as the first tranche of a Series B funding ...

READ MORE...
Tuesday, February 17, 2009

Concur Invests In RideCharge

Concur Technologies Inc., a Redmond, Washington-based publisher of hosted spending management software, announced today that it has made a strategic investment in travel booking firm RideCharge Inc. The specific amount of Concur's investmen...

READ MORE...
Monday, February 16, 2009

Madrona, Amazon Invest In Online Advertising Firm

Madrona Venture Group and Amazon.com have both invested in an online advertising firm, Yieldex, Yieldex said Monday, as part of a $8.5M Series B funding round for the company. According to Yieldex, the round was led by Madrona Venture Group...

READ MORE...
Monday, February 16, 2009

Ontela Gains New Funding

Seattle-based Ontela, which develops technology services for allowing consumers to upload and save photos from their camera phones, announced Monday that it has received funding from Eastven Venture Partners. Financial terms of the funding ...

READ MORE...
Friday, February 13, 2009

Infinity Softworks Raises Funding

Beaverton, Oregon-based Infinity Softworks, a developer of mobile financial software, said Friday that the firm has closed a new funding round. The round came from Pacific Street Partners. The size of the funding round was not disclosed. In...

READ MORE...
Thursday, February 12, 2009

FrugalMechanic.com Gains Venture Funding

Seattle-based FrugalMechanic.com announced Wednesday that the firm has scored a round of venture funding from the Founder's Co-op. Amount of the funding was not disclosed. According to Frugal Mechanic, it will use the funding to accelerate ...

READ MORE...
Tuesday, February 10, 2009

PivotLink Gains $10M

PivotLink, a developer of business intelligence software, announced today that it has closed on a $10M venture capital round. The firm, which has offices in Bellevue, Washington and San Francisco, California, said the round brings the compa...

READ MORE...
Tuesday, February 3, 2009

MolecularMD Receives $3M Investment

A Florida-based venture capital firm announced recently that it has invested $3 million into MolecularMD Corp. According to Ballast Point Ventures, MolecularMD will use the funds to finance expansion of its assay portfolio and corporate inf...

READ MORE...
Tuesday, February 3, 2009

Mixpo Nets $4M In Series B Funding

Seattle-based online video advertising software maker Mixpo is announcing today that it has raised a second round of venture financing worth $4 million. The round is being led by Madrona Venture Group, an existing investor. Series A backer ...

READ MORE...
Monday, February 2, 2009

RNA Networks Gets $7M

Portland, Oregon-based RNA Networks said Monday that the firm has raised $7M in a Series A funding round, for the firm's memory virtualization software. According to RNA Networks, the funding was led by Menlo Ventures. RNA Networks said tha...

READ MORE...
Friday, January 30, 2009

Report: Ekos Gets $12.5M

Bothell, Washington-based Ekos, which develops medical devices for treating blood clots, has raised $12.5M in a round, according to reports. According to Xconomy, Ekos raised the Series D funding from Crown Venture Fund, in a deal which als...

READ MORE...
Wednesday, January 28, 2009

Omeros Gets $3.1M

Seattle-based Omeros reported Wednesday that the firm has gained $3.1M in a second tranche of equity and grant funding, for the firm's candidates for the treatment of schizophrenia. The firm said the funding came from The Stanley Medical R...

READ MORE...
Wednesday, January 28, 2009

Maveron's Stout Heads To Portfolio Firm

Seattle-based venture capital firm Maveron's Brody Stout is joining one of the firm's investments, CitizenHawk, and will become Chief Operating Officer at the firm. Stout, who was a Senior Associate at Maveron, is moving back over to the op...

READ MORE...
Tuesday, January 27, 2009

nLIGHT Snags $10.7M

Vancouver, Washington-based nLIGHT, a developer of high-power semiconductor lasers, said Monday that the firm has raised $10.7M in a new equity financing. The funding came from Oak Investment Partners, Mohr Davidow Ventures, and Menlo Ventu...

READ MORE...
Monday, January 26, 2009

Maveron Backs Hollywood News Publication

Seattle-based venture capital firm Maveron is backing a new startup focused on entertainment news and media. According to Hollywood-based TheWrap.com, it will provide news coverage of the business of entertainment and media. The new site wa...

READ MORE...
Monday, January 26, 2009

SAManage Gets Venture Funding

SAManage, a publisher of hosted IT governance and compliance software, announced late last week that it has secured its first round of venture financing. SAManage declined to disclose the amount of the funding. However, the Seattle-area fir...

READ MORE...
Wednesday, January 21, 2009

PetraVM Gets $1.5M

A University of Washington startup, PetraVM, has scored $1.5M in funding from Madrona Venture Group and WRF Capital. According to the firm's website, it is developing technology to enable effective and reliable use of now ubiquitous multi-c...

READ MORE...
Monday, January 19, 2009

Pacific Northwest Venture Deals Plunge

Washington and Oregon venture capital deals slipped in Q4 to $141.96M, down significantly from $260.4M last quarter and $450M last year, according to a report released over the weekend by Dow Jones VentureSource. According to the quarterly ...

READ MORE...
Thursday, January 15, 2009

Maveron Taps Hunsiger As EIR

Seattle-based venture capital firm Maveron said Wednesday that the firm has added Will Hunsinger as the firm's EIR. Hunsiger was most recently CEO of Adeze, which is a portfolio company of Maveron. He has also served as General Manager of G...

READ MORE...
Thursday, January 15, 2009

WTIA: Venture Capital, Jobs Will Be Tough To Find

The Washington Technology Industry Association (WTIA) released the results of its quarterly venture capital outlook survey today, finding that availability of capital is predicted to be a big problem in coming months. The survey, which asks...

READ MORE...
Thursday, January 15, 2009

Smartsheet Raises $1.25M in Series B Funding

Bellevue, Wash.-based Smartsheet, publisher of a hosted work management and project collaboration tool, announced Wednesday that it has received a second round of equity funding worth $1.25 million. The funding was led by Madrona Venture Gr...

READ MORE...
Monday, January 12, 2009

Mobui Receives Investment from Texas Firm

Redmond, Wash.-based mobile applications publisher Mobui Corp. has received a strategic investment from a cellular services provider and consumer electronics retailer, the investor announced Monday. Financial terms of the transaction were n...

READ MORE...
Monday, January 12, 2009

Microsoft Funds Touch Input Firm

Microsoft is one of the investors in a Israeli firm developing capacitive sensing and pen input devices for the PC market, the firm, N-trig, said today. N-trig said it has raised $24M in a funding from Aurum Ventures, Challenger Ltd., Canaa...

READ MORE...
Monday, January 12, 2009

Trilogy, Ignition Back Finance Software Firm

Bellevue-based venture firms Trilogy Partners and Ignition Partners have both backed a startup developing foreign exchange exposure management software, according to the firm, FIREapps. The company--which is based in Arizona--said that it h...

READ MORE...
Friday, January 9, 2009

AboutUs Raises $5M

Portland-based AboutUs, an online site which allows users to edit and contribute information about web sites, said Friday that it has raised $5M in a venture capital round. The firm said the Series A funding came from Voyager Capital, with ...

READ MORE...
Thursday, January 8, 2009

Biofuels Firm Bolsters Funding For Oregon Plant

A Colorado-based biofuels firm, with plans to build a cellolosic ethanol biorefinery in Oregon, has just grabbed additional venture funding for its efforts. Lakewood, Colorado-based ZeaChem said today that it has raised $34M in a Series B f...

READ MORE...
Tuesday, January 6, 2009

Qwell Pharmaceuticals Gets $7M

Stealth drug development firm Qwell Pharmaceuticals has scored $7M in a Series A funding, according to reports, from venture firms Arch Venture Partners and the Wellcome Trust. Online news site Xconomy first reported the deal, citing Arch V...

READ MORE...
Monday, January 5, 2009

Ontier Bolsters Funding

Portland-based Ontier said late last week that it has added additional investors to the firm's recent angel funding round, saying that it has added Doug Fieldhouse and other unnamed investors in what it describes as an "oversubscribed" fund...

READ MORE...
Wednesday, December 17, 2008

VLST Gets Investment, In Deal With Novo Nordisk

Seattle-based VLST, which is developing biopharmaceuticals focused on treating autoimmune and inflammatory disorders, has scored $12M in an investment from pharmaceuticals firm Novo Nordisk A/S, as part of a collaboration deal. According to...

READ MORE...
Tuesday, December 16, 2008

BlueKai Raises $10.5M

Seattle-bsed BlueKai said today that it has closed on $10.5M in a Series B funding round, for the firm's services for collecting consumer shopping information on the Internet. According to BlueKai, the round was led by Battery Ventures, and...

READ MORE...
Monday, December 15, 2008

Yapta Raises $2.7M In Open Round

Seattle-based Yapta, which helps travelers track airfares and gain refund when prices drop, has raised $2.7M so far in what is an open round. A spokesperson for the firm confirmed the amount, which was disclosed in filings with both the sta...

READ MORE...
Thursday, December 11, 2008

Healionics Scores $2.6M From Angels

Biomaterials manufacturer Healionics Corp. announced this morning that it has raised a second round of institutional financing worth some $2.6 million. The Redmond, Wash.-based company said several angel networks participated in the Series ...

READ MORE...
Thursday, December 11, 2008

Trilogy's Raghavan Departs

Kartik Raghavan, most recently a venture partner and special advisor to Bellevue, Washington-based venture capital firm Trilogy Partners, has left the company for another venture capital firm, Shasta Ventures. Shasta made the announcement e...

READ MORE...
Tuesday, December 9, 2008

Ontier Gets Investment, Adds Two Board Members

Portland-based Ontier, a developer of software-as-a-service for helping professions and consumers communicate online, said Monday afternoon that it has added Les Fahey and Paul Gulick as board members and investors in the firm. Details of t...

READ MORE...
Monday, December 8, 2008

OVP Promotes Weissman, Loses Hull

Seattle-based venture capital firm OVP Venture Partners said late Friday that it has promoted Carl Weissman to Managing Director, starting in 2009, and is losing Managing Director John Hull. Weissman has been at the firm since February of 2...

READ MORE...
Monday, December 1, 2008

DotNetNuke Raises Series A Funding

Seattle-based DotNetNuke, a provider of open source software for the Microsoft Dot Net platform, said last week that it has raised a Series A funding round. Amount of the funding was not disclosed. The funding came from August Capital and S...

READ MORE...
Wednesday, November 19, 2008

Datacastle Gets $5.3M

Seattle-based data storage services provider Datacastle said Wednesday that it has raised $5.3M in a Series A investment round. The firm said that the funding was led by CM Capital Investments. Datacastle provides a PC data protection servi...

READ MORE...
Monday, November 10, 2008

Voyager Capital Ventures Into Web Advertising Firm

Seattle-based venture capital firm Voyager Capital has led an investment in a Silicon Valley firm, Keystream, developing technology for the web video advertising market. According to Keystream, Voyager Capital led the investment in the comp...

READ MORE...
Tuesday, November 4, 2008

EnerG2 Snags $8.5M

Seattle-based EnerG2, which develops advanced materials, has apparently raised $8.5M in a funding round, according to a report by Xconomy. The funding is a Series A, and comes from OVP Venture Partners and Firelake Capital Management. EnerG...

READ MORE...
Tuesday, November 4, 2008

Napera Networks Gets $6M

Seattle-based Napera Networks has reportedly raised $6M in a venture round from OVP Venture Partners. Napera, a maker of network security software, was formerly known as Altus Networks. The funding news was disclosed in a regulatory filing ...

READ MORE...
Monday, November 3, 2008

Ascentium Draws More Funding

Internet marketing and Web design firm Ascentium Corp. announced Monday that it has received another investment infusion from WestRiver Capital. The extent of WestRiver's financial participation was not disclosed. Erik Anderson, WestRiver's...

READ MORE...
Thursday, October 30, 2008

Second Avenue Reinvests In Energy Firm

Seattle-based venture capital firm Second Avenue has renewed its commitment to an energy storage firm out of Colorado, Ice Energy. According to Ice Energy, Second Avenue participated in a second round $33M financing in the company, for its ...

READ MORE...
Tuesday, October 28, 2008

WTIA: Lower Earnings, Valuations In Wings

The Washington Technology Industry Association (WTIA) is predicting lower near-term revenue growth and shrinking deal valuations for local companies, according to its latest Venture Capital Outlook Survey. The WTIA said that its survey for ...

READ MORE...
Tuesday, October 28, 2008

Barton's Glassdoor.com Gets Another Round

Glassdoor.com, the online job site co-founded by Zillow's Rich Barton, has scored a round a funding, the firm said today. The site--which provides salary details and information about workplaces to prospective job seekers--said the funding ...

READ MORE...
Tuesday, October 21, 2008

Earth Class Mail Gets $5.1M

Seattle-based Earth Class Mail announced today that the firm has secured $5.1M in a new round of funding. The funding round came from angel group Keiretsu Forum. According to the firm, some of the new funding will be earmarked for adding lo...

READ MORE...
Monday, October 20, 2008

Oregon Investment Fund Stakes Three Firms

The Oregon Investment Fund (OIF), the private equity and venture capital fund arm of the Oregon Public Employees Retirement Fund, said Monday that the firm has made investments into three different private equity and venture funds. Accordin...

READ MORE...
Monday, October 20, 2008

Pacific Northwest Firms Raise $294.9M In Q3

Pacific Northwest technology firms raised $294.9M in Q3 of the year, according to a report released over the weekend from PricewaterhouseCoopers and the National Venture Capital Association. The numbers came out as part of the MoneyTree ven...

READ MORE...
Thursday, October 16, 2008

Micronics Raises $9M

Redmond-based Micronics said Thursday that it has raised a Series C round of funding, led by the Southwest Michigan First (SWMF) Life Science Fund. The firm, which develops molecular diagnostics products, said this funding, plus a Series B ...

READ MORE...
Thursday, October 16, 2008

CleanScapes Gets $10M

CleanScapes, a provider of recycling and waste collection in Seattle, Shoreline, Portland, and San Francisco, has collected $10M in a Series A financing, according to venture fund SJF Ventures II, LP. According to SJF, it invested $1.6M of ...

READ MORE...
Monday, October 13, 2008

MobUI Acquires Action Engine, Raises Funding

Redmond-based MobUI Corporation announced today that it has acquired Action Engine Corporation, and raised a round of funding for the firm. According to MobUI, the round was led by GlobalNET Mobile Solutions. Financial terms of the acquisit...

READ MORE...
Tuesday, October 7, 2008

Monster Venture Partners Buys Bitwine

Bellevue-based venture capital firm Monster Venture Partners has acquired a controlling stake in Bitwine, a Israeli startup that allows users to find experts and get answers to questions, according to the Puget Sound Business Journal. Finan...

READ MORE...
Monday, October 6, 2008

Oberon Media Gets $20M

New York-based Oberon Media, which has major operations in Seattle, has landed $20M in an investment from a Chinese venture firm. According to Infinity I-China Fund, the investment is part of a larger deal with Oberon Media to expand its ca...

READ MORE...
Thursday, October 2, 2008

Dexterra Raises $21.5M

Bothell-based Dexterra has raised another $21.5M in funding, the firm said Thursday, in a round led by New Enterprise Associates. The firm, which develops software for managing mobile workers, said that prior investors Canaan Partners, Inte...

READ MORE...
Thursday, October 2, 2008

Digini Scores Investment For Game Software

Issaquah, Washington-based Digini, a developer of software for game development, disclosed Thursday that the firm has closed an institutional investment round from California Technology Ventures. Digini did not disclose the amount of the in...

READ MORE...
Wednesday, October 1, 2008

Pacific Northwest Firms Raise $324M In Funding In Q3

Northwest Innovation has totaled up the venture funding for Q3, and found that approximately $324.0M was invested in Pacific Northwest firms this quarter. According to the numbers, the amount is approximately on par with investments in Q2 o...

READ MORE...
Wednesday, October 1, 2008

Bezos Invests In Health Care Startup

Amazon.com's Jeff Bezos is one of the high profile investors in a New York-based healthcare startup, ZocDoc. According to ZocDoc, the firm has added Bezos as an investor in the firm, through his firm Bezos Expeditions, along with Salesforce...

READ MORE...
Tuesday, September 30, 2008

Seattle VC Keith Grinstein Dies

Keith Grinstein, a venture capitalist at Second Avenue Partners, and chairman of Coinstar, died Sunday of natural causes, Grinstein's family announced late Monday evening. Grinstein was a partner at Second Avenue Partners, a Seattle venture...

READ MORE...
Thursday, September 25, 2008

MOD Systems Gains $35M For Media Kiosks

MOD Systems, a manufacturer of digital media delivery systems for retailers, announced Thursday that it has obtained a $35 million equity investment. The Seattle-based startup included Toshiba Corp. and NCR Corp. among the most recent round...

READ MORE...
Wednesday, September 24, 2008

PressPlane Takes $1.7M

Seattle-based PressPlane, a new venture from Curious Office Partners, said today that it has raised $1.7M in a Series A funding. The round was led by Second Avenue Partners, and also included angel inestors Mike Salmi, Rich barton, Erik Bla...

READ MORE...
Wednesday, September 24, 2008

Omeros Gets $20M In Debt

Seattle-based Omeros, which is developing biopharmaceuticals for treating inflammation and central nervous system disorders, said Wednesday that it has established a $20M, debt facility with BlueCrest Capital Finance. Omeros said that the d...

READ MORE...
Wednesday, September 24, 2008

RescueTime Raises Series A Funding

RescueTime, a Seattle-based provide of time management software, said Tuesday that the firm has closed a Series A funding. The round came from True Ventures, along with angel investors Tim Ferris, Mike Koss, Chris Sacca, and Mike Seckler. T...

READ MORE...
Monday, September 22, 2008

Brammo Raises $10M

Ashland, Oregon-based Brammo has scored $10M as the first tranche of a Series A investment round, the firm's CEO, Craig Bramsher, told Northwest Innovation this morning. The firm, develops electric motorcycles which provide up to 45 miles p...

READ MORE...
Friday, September 19, 2008

Cocrystal Discovery Raises $10M For Anti-Viral Drugs

Seattle-based Cocrystal Discovery said Friday that it has raised $10M in a private placement, led by The Frost Group. The firm said the funding will go towards discovery and development of novel antiviral therapeutics for the treatment of s...

READ MORE...
Monday, September 15, 2008

UIEvolution Raises Funding

Bellevue-based UIEvolution, a developer of digital multimedia publishing software, said last week that it has raised a round of funding from Intel Capital and Itochu. Amount of the funding was not disclosed. The firm said the Series A round...

READ MORE...
Friday, September 12, 2008

Big Fish Games Raises $83M

Seattle-based casual games maker Big Fish Games said this morning that it has raised $83.3M in a financing round, from Balderton Capital, General Catalyst Partners, and Salmon River Capital. The firm said that the funding will go to acceler...

READ MORE...
Monday, September 8, 2008

Silicon Valley Bank Sharpens Life Sciences Team In Seattle

Silicon Valley Bank, a commercial bank focused on the IT and life sciences industry, said Monday that the firm has formed a dedicated life science practice in the Pacific Northwest. According to the firm, it has appointed Rob Derry, a senio...

READ MORE...
Monday, September 8, 2008

Alerts.com Debuts Alert Site

Bellevue-based Alerts.com debuted its online alerting service Monday, saying that its service will provide aggregated alerts on a number of different areas. The firm said it will provide alerts on gas prices, prices, Craiglist listings, NFL...

READ MORE...
Monday, September 8, 2008

Tableau Software Raises $10M in Series B

Tableau Software announced Monday that it has wrapped up a second round of venture financing worth $10 million. The Seattle-based business intelligence software publisher said existing investor New Enterprise Associates Inc. was singularly ...

READ MORE...
Thursday, August 28, 2008

Rob Monster Backs Patents.com

Rob Monster, head of Seattle-based venture capital firm Monster Venture Partners, has launched a new venture based in Virginia, focused on patents. Patents.com, which launched earlier this month, provides an online web site for searching an...

READ MORE...
Thursday, August 28, 2008

Daptiv Gets $9M

Seattle-based Daptiv has scored $9M in a second tranche of Series B funding from Bay Partners, Kennet Ventures, and Silicon Valley Bank, according to reports. Daptiv develops business software used for managing projects and project teams, a...

READ MORE...
Wednesday, August 27, 2008

RadioFrame Secures $28M in Series F Financing

RadioFrame Networks Inc. announced Wednesday that it has raised $28M in a sixth round of equity and debt financing. The Redmond, Wash.-based company, which provides picocell radio access devices for mobile phone operators and their OEM part...

READ MORE...
Wednesday, August 20, 2008

Expedia's TripAdvisor Invests In FlipKey

TripAdvisor, the online travel and hotel review web site owned by Bellevue, Washington-based Expedia, said Wednesday that the firm has purchased a majority stake in BOston-based FlipKey.com, an online vacation rental review site. Financial ...

READ MORE...
Monday, August 18, 2008

Mirina Raises Funds For Biotech Startup

Seattle-based biotech incubator Accelerator Corporation said Friday that it has formed a new company, Mirina Corporation, with funding from a set of venture investors. Accelerator said that Mirina is focused on developing therapeutics using...

READ MORE...
Thursday, August 14, 2008

Maveron Hires New Partner

Seattle-based venture capital firm Maveron said today that it has added a new partner, Amy J. Errett, to the firm. According to Maveron, Errett will be based in San Francisco, and will focus on consumer digital media, Internet services, and...

READ MORE...
Wednesday, August 13, 2008

Maveron's Graves Takes Help At Frozen Yogurt Firm

Seattle-based venture capitalist Ron Graves, a General Partner at venture capital firm Maveron, is taking the helm at a frozen yogurt firm in Los Angeles. Pinkberry, which operates a chain of 60 frozen yogurt shops in Los Angeles, San Diego...

READ MORE...
Wednesday, August 13, 2008

Voyager Capital Opens Portland Office, Targets Oregon

Voyager Capital, a venture capital firm focused on information technology, said today that the firm has opened up an office in Portland, and added a venture partner specifically focused on Internet, software, and digital media investments i...

READ MORE...
Tuesday, August 12, 2008

1Cast Gains Funding For Personalized Broadcast News

Kirkland, Washington-based 1Cast said today that the firm has scored a round of funding from Eagle River Holdings, LLC. Financial terms of the deal was not disclosed. 1Cast develops technology which the firm can create personalized, on-dema...

READ MORE...
Thursday, August 7, 2008

Maveron Funds Probiotic Drink Firm

Seattle-based Maveron is the lead investor in a Colorado firm that makes probiotic fruit juice beverages, NextFoods. NextFoods, which makes the GoodBelly brand of pribiotic fruit drinks, said this week that Maveron led a $16M investment in ...

READ MORE...
Tuesday, August 5, 2008

Amazon Funds Cloud Computing Software Firm

Expanding its focus on the cloud computing market, Amazon.com has made an investment in a cloud computing software firm based in the Bay Area, ELASTRA Corporation. According to ELASTRA, which is based in San Francisco, Amazon.com participat...

READ MORE...
Monday, August 4, 2008

Wellpartner Raises $16.1M

Portland, Oregon-based Wellpartner, a provider of pharmacy distribution products for the health industry, said today that it has raised $16.1M in a Series D equity financing. The round was lead by Burrill & Company, and also included Credit...

READ MORE...
Wednesday, July 30, 2008

Local Marketers Raises $4.1M

Seattle-based Local Marketers, a company providing pay-per-contact online marketing services, said today that it has raised $4.1M in a Series A2 venture funding round. The funding came from Madrona Venture Group. According to the company, P...

READ MORE...
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...

READ MORE...
Friday, July 25, 2008

Voyager Capital Invests In Berkeley Firm

Seattle-based venture capital firm Voyager Capital has led an investment in a Berkeley, California firm in the wireless sensor area, Sensys Networks. Sensys Networks said Friday that it has raised $5M in a round which was led by Voyager Cap...

READ MORE...
Friday, July 25, 2008

RF Surgical Systems Takes $8.2M

Bellevue-based RF Surgical Systems said this morning that it has raised $8.2M in a Series A round of venture funding. The funding came from Menlo Ventures and Stanford University. According to the firm, the funding brings the company's tota...

READ MORE...
Wednesday, July 23, 2008

Interview with Derek Johnson, Tatango

Today's interview is with Derek Johnson, founder of an angel-funded startup, Tatango (www.tatango.com), the latest incarnation of Derek's firm networkText. Tatango is an instant messaging service focused on connecting groups together, which...

READ MORE...
Monday, July 21, 2008

Venture Totals Flat, Says Report

PricewaterhouseCoopers and the National Venture Capital Association released its quarterly venture capital survey over the weekend, saying that there was $7.4B invested in 990 venture deals nationally in the second quarter. The MoneyTree Re...

READ MORE...
Friday, July 18, 2008

HaloSource Raises $11.5M

Bothell, Washington-based HaloSource, a developer of water purification technology, said Friday that it has raised $11.5M in an additional round of funding. The funding came from Origo Resource Partners Ltd. and Origo Sino-India Plc., along...

READ MORE...
Thursday, July 17, 2008

Elemental Raises $7.1M

Portland, Oregon-based Elemental Technologies said Thursday that it has raised $7.1M in a first round of venture funding. The firm, which develops massively parallel video processing software, said the round came from General Catalyst Partn...

READ MORE...
Tuesday, July 15, 2008

Light Sciences Oncology Raises $40.1M

Bellevue-based Light Sciences Oncology, a developer of medical devices for treating cancer, announced today that it has raised $40.1M in a Series C round of funding. The company did not disclose names of the investors in this round. Light ...

READ MORE...
Monday, July 14, 2008

Adapx Gets Investment From In-Q-Tel

Seattle-based Adapx said today that the firm has scored a strategic investment from In-Q-Tel, the venture investment arm of the Central Intelligence Agency (CIA). Financial terms of the investment were not disclosed. Adapx said the funding ...

READ MORE...
Friday, July 11, 2008

NexPlanar Takes $14.5M For Semiconductor Tech

Hillsboro, Oregon-based NexPlanar Corporation said late Thursday that it has completed a $14.5M round of funding for its semiconductor technology. The round was led by InterWest Partners, and included prior investors BlueRun Ventures, Smart...

READ MORE...
Wednesday, July 9, 2008

Xeround Raises $16M

Bellevue, Washington-based Xeround, a developer of grid database management software, said today that it has raised $16M in a Series B funding round. The round was led by Ignition Partners and Trilogy Partnership. Existing investors Benchma...

READ MORE...
Monday, July 7, 2008

DepotPoint Scores $7M

Seattle-based DepotPoint said Monday that it has raised $7M in an equity financing round, led by OVP Venture Partners. The firm, which develops technology for the real estate market, said that prior investor Trident Capital also participate...

READ MORE...
Friday, June 27, 2008

Loctronix Raising $3.5M, Emerges From Stealth

Woodinville, Washington-based Loctronix said earlier this week that the firm is in the midst of completing a $3.5M Series B funding round, and has emerged from stealth mode. The firm said that it is developing "universal location sensing" t...

READ MORE...
Tuesday, June 24, 2008

Amazon.com's Bezos Invests In Twitter

Amazon.com's Jeff Bezos is the latest investor in Internet communications firm Twitter, according to the company, as the much-watched firm announced its latest funding round in a blog post. San Franscisco-based Twitter, which runs a popular...

READ MORE...
Monday, June 23, 2008

Immune Design Scores $18M

Seattle-based vaccine company Immune Design said Monday that the firm has raised $18M in a Series A financing. The round was co-led by Alta Partners, The Column Group, and Versant Ventures. Immune Design is developing novel technologies foc...

READ MORE...
Thursday, June 19, 2008

Cozi Scores Investment From Gannett

Seattle-based Cozi, a provider of a web service for managing family schedules and communication, has scored a round of funding from newspaper publisher Gannett Co., Inc. Gannett announced the funding this morning, saying that it will receiv...

READ MORE...
Tuesday, June 17, 2008

Interview with Jose Reyes, Jr., NuScale Power

We recently ran into Jose Reyes, Jr., the Chief Technical Office of Corvallis-based NuScale Power (www.nuscalepower.com), a startup which has taken on quite an unusual area for developing its technology: nuclear power. NuScale, which is bas...

READ MORE...
Monday, June 16, 2008

Intel Spinoff Gets Funding, To Open Oregon Facility

Microprocessor giant Intel said Monday that it has spun off a new company focused on the solar energy industry, which will open up a manufacturing and advanced technology development facility in Oregon in the second half of 2008. Intel said...

READ MORE...
Friday, June 13, 2008

Lucid Commerce Raises $2.5M

Seattle-based Lucid Commerce said this morning that it has raised $2.5M in the firm's Series A round of funding. Lucid, which provides software-as-a-service for business intelligence, said the round was led by OVP Venture Partners, and will...

READ MORE...
Thursday, June 12, 2008

WidgetBucks Raises $10M

Seattle-based Mpire, which operates WidgetBucks, an advertising network focused on web widgets, said Wednesday afternoon that it has raised $10M in a Series B funding. The round was led by Draper Fisher Jurvetson, and also included prior in...

READ MORE...
Wednesday, June 11, 2008

Madrona Raises $250M Fund

Seattle-based Madrona Venture Group said today that the venture capital firm has closed its fourth fund, Madrona Venture Fund IV, at $250M. According to the firm, the fund was oversubscribed, exceeding its target of $225M. Names of its limi...

READ MORE...
Monday, June 9, 2008

Amazon.com Invests In Video Shopping Site

Amazon.com has made an investment in The Talk Market, a New York startup that bills itself as a "user-generated TV Shopping Channel." Amount of the investment was not disclosed. According to The Talk Market, the equity investment closed in ...

READ MORE...
Monday, June 9, 2008

Apptio Launches Enterprise Software Offerings

Bellevue-based Apptio said today that it has officially launched the firm and emerged from stealth mode. The startup, which is venture backed by Greylock Partners, Madrona Venture Group, Marc Andreessen, Ben Horowitz, Ignition Ventures and ...

READ MORE...
Thursday, June 5, 2008

VANTOS Lands $10.6M

Seattle-based VANTOS said late Wednesday that it has raised $10.6M in a Series B funding, for the firm's enterprise investigation software. The round was led by Fluke Venture Partners, and also included existing investors OVP Venture Partne...

READ MORE...
Tuesday, June 3, 2008

PhysioSonics Raises $4M

Seattle-based PhysioSonics said this morning that it has raised $4.0M in a Series A funding. The funding came from Johnson & Johnson Development Corporation. The firm, formerly known as Allez PhysiOnix, is developing medical devices for neu...

READ MORE...
Wednesday, May 28, 2008

Pelago Raises $15M

Pelago Inc., operator of a social networking Web site for mobile users, announced Tuesday that it has secured $15 million in Series B venture financing. Pelago said the money will be used to help deploy and extend the service, called Whrrl,...

READ MORE...
Wednesday, May 28, 2008

Ontela Scores Series B Funding

Seattle-based Ontela said this morning that it has raised a Series B round of financing for the firm's camera phone software. Financial terms of the venture capital round were not disclosed. The new funding was led by Steamboat Ventures, an...

READ MORE...
Tuesday, May 20, 2008

Learning.com Gets Investment

Portland, Oregon-based Learning.com said Tuesday that it has received new investment from Educomp Solutions Ltd. and from its existing shareholder, First Analysis Corporation. Financial terms of the investment was not disclosed. Learning.co...

READ MORE...
Tuesday, May 20, 2008

Telecom Transport Management Gets $20M In Debt

Seattle-based Telecom Transport Management Inc. said today that it has raised $20M in a senior debt facility, from Columbia Partners Private Capital. The provider of communications services and backhaul transport for wireless carriers, said...

READ MORE...
Monday, May 19, 2008

GridNetworks Gets Investment From Comcast

Seattle-based GridNetworks, a provider of Internet video delivery services, said this morning that it has scored an investment from Comcast Interactive Capital. Financial terms of the investment were not disclosed. GridNetworks said the inv...

READ MORE...
Monday, May 19, 2008

Wetpaint Gets $25M

Seattle-based Wetpaint, which develops software which allows users create their own wiki web sites, said today that it has raised $25M in a Series C funding. The new funding was led by DAG Ventures, and also included prior investors Accel P...

READ MORE...
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 commi...

READ MORE...
Wednesday, May 14, 2008

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 wel...

READ MORE...
Monday, May 12, 2008

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 le...

READ MORE...
Thursday, May 1, 2008

New Relic Gets Funding, Looks To Bolster Portland Staff

New Relic, a San Francisco-based firm developing Ruby on Rails software, said today that it has raised $3.5M from Benchmark Capital. According to a company spokesperson, the firm's Portland office is home to a growing department of the firm...

READ MORE...
Tuesday, April 29, 2008

Wishpot Conjures Up $1M

Seattle-based Wishpot, an online site focused on social shopping, said today that it has closed on $1M in a Series A investment round. The round was led by Monster Venture Partners, and also included H-Farm, an Italian Internet development ...

READ MORE...
Monday, April 28, 2008

ReliOn Adds $23M

Spokane-based ReliOn, a provider of fuel cells for the backup power market, said Monday that it has raised an additional $23M in a funding round. The series C funding came from PCG Clean Energy & Technology Fund, Robeco Clean Tech Private E...

READ MORE...
Friday, April 25, 2008

Jobster Raises $7M

Seattle-based, online job listing site Jobster has raised $7M, a spokesman for the firm confirmed today, saying that the firm raised the round from Ignition Partners, Mayfield, Reed Elsevier, and Trinity Ventures. Jobster has now raised $55...

READ MORE...
Wednesday, April 23, 2008

OnRequest Images Raises $8M

Seattle-based OnRequest Images, a provider of custom photography and imagery for brands, has raised $8M the firm's CEO, David Norris, told Northwest Innovation today. The funding came from the European Founders Fund. Norris did not disclose...

READ MORE...
Wednesday, April 23, 2008

Venture Deals Total $498.6M In Pacific Northwest

In light of the low venture capital totals reported by two groups for Pacific Northwest companies earlier this week, Northwest Innovation has run an analysis of venture capital deals, as tracked by this publication, finding a significantly ...

READ MORE...
Tuesday, April 22, 2008

Infinia Raises $7M

Kennewick, Washington-based Infinia said today that it has raised $7M in a second close of its Series B financing, bringing the company's total Series B raise to $57M. The firm said the second close was led by Foxconn Technology Group, and ...

READ MORE...
Tuesday, April 22, 2008

TeachStreet Launches Site

Seattle-based TeachStreet, an online web site focused on matching students with local teachers, launched Monday, and also revealed the full slate of the firm's investors today. The company, which was founded by Dave Schappell, who has forme...

READ MORE...
Monday, April 21, 2008

Venture Investments Slow In Q1

Venture capital investments slowed in Q1, as numbers from two groups showed venture investments were off from last quarter. PricewaterhouseCoopers and the National Venture Capital Association (NVCA) reported over the weekend that venture ca...

READ MORE...
Tuesday, April 15, 2008

Pathway Medical Raises $24.5M

Kirkland-based Pathway Medical Technologies, which develops endovascular treatments for peripheral arterial disease, said today that it has raised $24.5M in a Series C-1 round of financing. The funding came from HLM Venture Partners, Latter...

READ MORE...
Monday, April 14, 2008

BuddyTV Takes $6M

Seattle-based BuddyTV, an Internet web site focused on entertainment and television, has raised $6M in a Series B funding round, the firm said this morning. The firm, which is headed by Andy Liu and David Niu, said the round came from Madro...

READ MORE...
Wednesday, April 2, 2008

Sampa Raises $1M In Angel Round

Redmond-based Sampa, which develops tools that allows users to share pictures, stories, videos, and other information on the web, said today that it has raised $1M in an angel funding round led by Geoff Entress. According to founder Marcelo...

READ MORE...
Tuesday, April 1, 2008

Novinium Raises $6M in Series C Funds

Novinium Inc., a developer of methods for extending the life of underground power cables, announced Tuesday that it has concluded a third round of venture financing after raising some $6 million. Nomura’s New Energy & Clean Technology Ven...

READ MORE...
Thursday, March 27, 2008

Iovation Adds SAP, European Founders Fund To Investment Round

Portland-based iovation, a firm developing reputation management and fraud prevention software, said today that it has completed its $15M funding round with investments from SAP Ventures and European Founders Fund. The investment is on top ...

READ MORE...
Tuesday, March 25, 2008

FinAnalytica Gets $5M

Seattle-absed FinAnalytica, which develops risk management and portfolio analytics tools for the financial industry, said earlier this week that it raised $5.0M in a funding round from New Europe Venture Equity. The firm said the funding w...

READ MORE...
Tuesday, March 25, 2008

Spiration Raises $18.5M

Redmond-based Spiration said today that it has raised $18.5M in a Series G funding round. The round was led by Versant Ventures, and also included Olympus Medical Systems Corp., New Enterprise Associates, New Leaf Venture Partners (Sprout G...

READ MORE...
Thursday, March 20, 2008

SplashCast Raises $4M

Portland, Oregon-based SplashCast said today that the firm has raised $4M in a Series A funding round. The round came from Mark Bayliss, an individual investor, and also included Emergent. Bayliss joins the firm's board of directors. Splas...

READ MORE...
Tuesday, March 18, 2008

Pacific Northwest Sees Increase In Web 2.0 Investments

Dow Jones VentureSource said today that Pacific Northwest, Web 2.0 venture investments grew to $140M and 13 deals in 2007, up from 6 deals and $35M in investments, as overall Web 2.0 investments in the U.S. grew to $1.34B. The data, release...

READ MORE...
Wednesday, March 12, 2008

Pulse Health Raises $2.15M

Portland, Oregon-based Pulse Health said Tuesday that it has raised $2.15M in a Series A funding round from a mix of angel investors. The firm, which is developing products that uses a breath test for monitoring health status, said angel in...

READ MORE...
Tuesday, March 11, 2008

TeachStreet Gains $2.25M

Seattle-based TeachStreet, an online site focused on connecting teachers and instructors, has raised $2.25M in a Series A venture round led by Madrona Ventures. Other details of the funding were not released. According to Dave Schappell, th...

READ MORE...
Tuesday, March 11, 2008

Seattle Among Fastest Growing Regions For Venture Capital

The National Venture Capital Association (NVCA) and PricewaterhouseCoopers are reporting that Seattle is among the five fastest growing regions in the nation for venture capital. According to a report released Tuesday, Seattle was ranked th...

READ MORE...
Friday, March 7, 2008

Oregon Investment Fund Makes Investments, Reports Results

The Oregon Investment Fund (OIF), the investment fund of funds managed by Credit Suisse for the Oregon Public Employees Retirement Fund, said Friday that it has made two new investments in local companies. The firm also reported results of ...

READ MORE...
Wednesday, March 5, 2008

Naverus Finds $10M

Kent, Washingon-based Naverus said Wednesday afternoon that the firm has raised $10M in a Series C funding round. The firm, which develops navigation systems for the aviation market, said the round would go to expand its business. The fundi...

READ MORE...
Friday, February 29, 2008

Naverus Scores $10M

Kent-based Naverus, a maker of avionics systems targeted at improving aircraft navigation, has quietly raised $10M in a funding round, according to a filing with the SEC. According to the filing, the capital came from East Peak and Foundati...

READ MORE...
Friday, February 29, 2008

Monster Venture Partners Adds Schrock As Venture Partner

Seattle-based Monster Venture Partners said this morning that it has hired on Jeff Schrock as a Venture Partner at the firm. The early stage venture capital firm said that Schrock is a former executive at RealNetworks and Yahoo, and will he...

READ MORE...
Tuesday, February 26, 2008

Dipiti Launches Online Search Site

Seattle-based Dipiti said Tuesday that it has launched a new search site, focused on information about money, health, legal, pet care, and other "life" topics. The firm said that it will provide human-filtered search results in those areas....

READ MORE...
Wednesday, February 20, 2008

Blist Raises $6.5M

Seattle-based Blist, a startup which is developing an online database creation tool, said today that it has raised $6.5M in a Series A investment. The funding came from Frazier Technology Ventures and Morgenthaler Ventures. According to Bli...

READ MORE...
Tuesday, February 12, 2008

Infinia Gets $50M For Solar Power Products

Kennewick, Washington-based Infinia Corporation said Tuesday that it has closed on a $50M Series B funding round. The funding came from GLG Partners, and also include Wexford Capital LLC, Vulcan Capital, Khosla Ventures, EQUUS Total Return,...

READ MORE...
Wednesday, February 6, 2008

FlowPlay Inks $3.7M Funding

Seattle-based FlowPlay said today that the firm has closed a $3.7M, Series A financing round for the firm's casual gaming technology. The round came from Intel Capital and Ambient Sound Investments, along with individual investors Ben Feing...

READ MORE...
Wednesday, February 6, 2008

Keiretsu Forum Northwest Invests $17.4M In 2007

The Pacific Northwest chapter of angel group the Keiretsu Forum reported late last night that the firm invested $17.4M in 2007, the group's second year operating in the region. The Keiretsu Forum Northwest said that it invested in 23 compan...

READ MORE...
Monday, February 4, 2008

Tyfone Secures Funds from Indian Investor

Tyfone Inc., a developer of a software and hardware platform for the banking industry, announced Sunday that it has concluded a round of venture financing after securing an undisclosed amount of funds from an offshore investor. Tyfone speci...

READ MORE...
Friday, February 1, 2008

GlobalScholar.com Raises $27M, Acquires Firm

Bellevue-based GlobalScholar said this morning that it has raised $27M in a Series B funding round. The firm also said that it is acquiring Excelsior Software, a provider of K-12 education testing tools. Funding came from Knowledge Universe...

READ MORE...
Wednesday, January 30, 2008

Physware Raises $2.5M in Series A Financing

Physware Inc., a provider of 3-D field solutions for the high-frequency package and board markets, announced Wednesday that it has concluded its Series A venture financing after generating $2.5 million. Physware credited the Madrona Venture...

READ MORE...
Tuesday, January 29, 2008

Healionics Raises $1.7M

Redmond-based Healionics said Tuesday morning that it has raised $1.7M in a Series A financing. The funding came from individual investors, including Carl Lombardi, former CEO of SpaceLabs Medical and Sam Naficy, M.D., Medical Director of N...

READ MORE...
Thursday, January 24, 2008

EVO Landing Raises Series A For Domain Name Services

Seattle-based EVO Landing announced Thursday afternoon that the firm has raised a Series A round of funding, and launched its services. EVO said the funding came from Monster Venture Partners in December of 2007, and that it had also receiv...

READ MORE...
Tuesday, January 22, 2008

ActiveRain Gets $2.75M From HouseValues

Bothell-based online real estate site ActiveRain said Monday afternoon that it has received $2.75M in a minority investment from HouseValues. The firm operates an online community of real estate professionals, which allows users to create b...

READ MORE...
Tuesday, January 22, 2008

Impinj Raises $14M From Strategic Investors

Seattle-based Impinj, a developer of RFID semiconductors, said Tuesday that it has raised $14M in new investments from a number of strategic investors. Impinj said the funding came from Inventec Appliances Corporation, LS Industrial Systems...

READ MORE...
Tuesday, January 22, 2008

Airbiquity Raises $25M In Funding

Seattle-based Airbiquity Inc., a provider of wireless data communications services, reported Tuesday that it has raised $25 million in venture financing. Airbiquity credited first-time contributor Ignition Partners and current investors Aco...

READ MORE...
Wednesday, January 16, 2008

Mercent Scores $6.5M In Series B Funding

Seattle-based Mercent, a publisher of Web-based marketing technologies and services for retail merchants, announced today that it has concluded its second round of venture financing after raising $6.5 million. Mercent said the funding came ...

READ MORE...
Tuesday, January 15, 2008

LiveMocha Raises $6M For Language Learning

Seattle-based LiveMocha, a firm which develops language instruction software, said today that it has raised $6M in a funding round led by Maveron. The firm said the firm will use the funding to accelerate the site's functionality. Livemocha...

READ MORE...
Friday, January 11, 2008

Alder Biopharmaceuticals Raises $40M

Bothell-based Alder Biopharmaceuticals said Friday morning that it has closed on $40M in a Series C funding round. The round was led by Delphi Ventures and TPG Biotech, and also included prior investors Sevin Rosen Funds, Ventures West, H.I...

READ MORE...
Wednesday, January 9, 2008

DeepRockDrive Gets $3M For Entertainment Service

DeepRockDrive, a Seattle- and Las Vegas-based online entertainment service, said Wednesday that it has raised $3M in a seed funding round from a group of angels. DeepRockDrive said that the firm's co-founders, Jeff Henshaw and Danny Socolof...

READ MORE...
Wednesday, January 9, 2008

Confirma Adds $17.5M In Funding

Bellevue-babsed Confirma, a developer of computer technology for MRI analysis, said Tuesday that it has raised $17.5M in a Series C venture capital round. The round was led by Telegraph Hill Partners, and also included Fluke Venture Partner...

READ MORE...
Tuesday, January 8, 2008

Earth Class Mail Raises $13.3M

Seattle-based Earth Class Mail said Tuesday that it has raised $13.3M in a Series A funding, for a service which scans and delivers postal mail via an online service. The funding came from Ignition Partners, and also included angel group th...

READ MORE...
Monday, January 7, 2008

Tamarac Secures Venture Financing

Seattle-based Tamarac Inc., a publisher of portfolio-rebalancing and trade-order-generation software, announced Friday that it has received additional venture financing from its initial investors. The amount of capital and the names of the ...

READ MORE...
Thursday, January 3, 2008

Calistoga Pharma Raises $26.2M in Series A Funds

Seattle-based Calistoga Pharmaceuticals Inc., a developer of medicines that treat cancer and inflammatory diseases, announced Thursday that its initial round of venture financing has increased from $21 million to $26.2 million. Calistoga sa...

READ MORE...
Wednesday, December 19, 2007

Cardiac Dimensions Raises $35.5M in Series D Funding

Cardiac Dimensions Inc., a manufacturer of devices that treat heart failure, announced Tuesday that it has raised a fourth round of venture financing worth $35.5 million. Cardiac Dimensions said that Johnson & Johnson Development Corp. and ...

READ MORE...
Monday, December 17, 2007

AdReady Raises $10M in Venture Funding

AdReady, a developer of online advertising technologies, reported Monday that it has secured $10 million in venture financing. The Seattle-based company said Bain Capital Ventures of Boston led the round. Silicon Valley-based Khosla venture...

READ MORE...
Monday, December 17, 2007

MyLifeBrand Scores Win With Venture Group

Seattle-based MyLifeBrand, a provider of white labeled, online social networking tools, said today that it has created a new web site for the New England venture capital community. The firm said it has created a new site, VentureNetwork.VC,...

READ MORE...
Friday, December 14, 2007

Zeugma Systems Adds $22.5M

Vancouver, B.C.-based Zeugma Systems said Thursday that it has raised $22.5M in a Series B funding. According to Zeugma, the funding round was led by Vertex Venture Capital and also included Granite Ventures, Ventures West, Yaletown Venture...

READ MORE...
Tuesday, December 11, 2007

Smilebox Raises $7M in Series B Funding

Smilebox Inc., a developer of digital scrapbooking software, reported Tuesday that it has concluded its second round of venture financing after collecting some $7 million. The Redmond, Wash.-based business credited Bessemer Venture Partners...

READ MORE...
Tuesday, December 4, 2007

WildTangent Gets Venture Debt Worth $20M

Redmond-based WildTangent, a firm which provides casual games for both the PC and online market, has scored $20M in a venture debt round, according to investor Hercules Technology Growth Capital. Hercules said Tuesday that it provided the d...

READ MORE...
Tuesday, December 4, 2007

MyStrands Raises $24M

Corvallis, Oregon-based MyStrands said late Tuesday morning that it has raised $24M in a Series B-2 funding. The funding came from Spanish bank BBVA and existing investor Debaueque. MyStrands develops social recommendation technology used f...

READ MORE...
Thursday, November 29, 2007

Fate Therapeutics Launches Stem Cell Firm

Seattle-based Fate Therapeutics said Thursday afternoon that it has launched a new biotechnology company, which will develop drugs to control cell fate. The firm said it is targeting the use of adult stem cells for healing, using small mole...

READ MORE...
Wednesday, November 28, 2007

SEOmoz Closes VC Round

Seattle-based SEOmoz has closed its $1.1M venture capital round of funding. The firm, which provides search engine optimization, Internet marketing, and related services, received the funding from Ignition Partners and Curious Office Partne...

READ MORE...
Wednesday, November 28, 2007

Clinicient Gets $5M

Portland, Oregon-based Clinicient, a provider of revenue management services for the outpatient rehabilitation industry, said Tuesday that it has closed on $5M in venture funding. The funding round came from Village Ventures and Highway 12 ...

READ MORE...
Tuesday, November 27, 2007

Optimum Energy Raises $5M

Seattle-based Optimum Energy, a firm developing software for reducing energy use in high rises and other large buildings, said Monday that it has raised $5M in venture capital. The financing came from Columbia Pacific Management. Optimum En...

READ MORE...
Monday, November 19, 2007

Ignition Names Three New Partners

Bellevue's Ignition Partners said Monday morning that it has promoted three to partners in the fund, in conjunction with the close of the firm's recent funds. Ignition said that Richard Fade, Michelle Goldberg, and Adrian Smith have all bee...

READ MORE...
Friday, November 16, 2007

Ignition Boosts Content Firm

Seattle-based venture capital firm Ignition Partners has thrown its hat into the online content game, with a $50M investment in Silicon Valley and Los Angeles-based Blowtorch Entertainment. Blowtorch said this morning that it raised $50M in...

READ MORE...
Thursday, November 8, 2007

Syncronex Gets $2.8M in Funding from Aequitas

Syncronex Inc., a developer of field service automation software for the publishing industry, has secured $2.825 million in venture financing from Aequitas Capital Management, Aequitas reported Wednesday. Aequitas said the Bellevue, Wash.-b...

READ MORE...
Thursday, November 8, 2007

iovation Secures $15M in Venture Funding

iovation, a Portland, Ore.-based developer of online fraud protection software, has received $15 million in venture financing, one of the funding firms announced Thursday. Intel Capital, the investment arm of semiconductor manufacturer Inte...

READ MORE...
Tuesday, November 6, 2007

Hidden City Games Raises $15M

Seattle-based Hidden City Games said Tuesday morning that it has raised $15M in a strategic round of venture capital, from Rustic Canyon Partners and Trinity Ventures. Hidden City said the funding will go towards expanding the company's tra...

READ MORE...
Tuesday, November 6, 2007

Azaleos Raises $10M in Series C Funding

Azaleos Corp., a Seattle-based developer of messaging applications for use with Microsoft Exchange Server and BlackBerry Enterprise Server, announced Tuesday that it has concluded its third round of venture financing after securing $10 mill...

READ MORE...
Tuesday, November 6, 2007

Telecom Transport Management Raises $120M

Seattle-based Telecom Transport Management said today that it has raised a huge, $120M Series D financing for the firm's voice and data transport backhaul services. According to TTM, the round was led by Columbia Capital and Battery Venture...

READ MORE...
Tuesday, October 30, 2007

GridNetworks Gets $9.5M

Seattle-based GridNetworks, a company developing peer-to-peer technology for streaming Internet video, said today that it has raised $9.5M in a Series A funding round. The funding was led by Panorama Capital and two other, undisclosed strat...

READ MORE...
Monday, October 29, 2007

SchemaLogic Gets Investment From Chevron

Kirkland, Washington-based SchemaLogic said Monday that it has receievd a strategic investment from Chevron Technology Ventures, the venture capital arm of Chevron. The firm said that the investment came as part of a selection by Chevron of...

READ MORE...
Monday, October 29, 2007

INRIX Raises $15M in Series C Venture Funding

INRIX Traffic Solutions, a provider of traffic-flow data and analysis, announced Monday that it has raised $15M in a third round of venture financing. INRIX said previous investors August Capital, Bain Capital Ventures and Venrock with led ...

READ MORE...
Friday, October 26, 2007

Allozyne Raises $30M

Seattle-based Allozyne said Friday that it has closed on $30M in Series B funding for the firm's biotechnology products. The funding came from MPM Capital, and also included OVP Venture Partners, Amgen Ventures, ARCH Venture Partners, and A...

READ MORE...
Thursday, October 25, 2007

Resolute Raises $7.6M in Series A Preferred Funding

Technology consulting firm Resolute Solutions Corp. announced yesterday that it has concluded its initial round of preferred financing after securing investments worth $7.6 million, including more than $4 million in new equity. Resolute cre...

READ MORE...
Monday, October 22, 2007

TIOTI Gets Funding

Seattle- and London-based TIOTI, an online web site which aggregates TV content and videos, said today that it has raised a first round of funding from Pond Venture Partners. Amount of the investment was not disclosed. TIOTI has previously ...

READ MORE...
Thursday, October 18, 2007

Melodeo Raises $7.9M

Seattle-based Melodeo said Thursday that it has closed a new funding round worth $7.9M, from Ignition Partners and Voyager Capital. The two are current investors in the firm. Melodeo said the funding will go towards advancing its mobile mus...

READ MORE...
Wednesday, October 17, 2007

AdReady Debuts Advertising Service

AdReady, a developer of Web-based advertising technologies, announced Tuesday that it has unveiled a new service that will allow advertisers to quickly customize display ads and then run targeted online campaigns. AdReady explained that the...

READ MORE...
Wednesday, October 17, 2007

Treemo Raises $2.55M

Seattle-based Treemo, an online web site focused on sharing of social media, said today that it has secured $2.55M in a Series A-1 investment. The investment came from JK&B Capital. As part of the funding, Tasha Seitz of JK&B Capital has jo...

READ MORE...
Wednesday, October 10, 2007

SeaTab Software Raises $9M

Seattle-based SeaTab Software said this morning that it has raised $9M in a Series B funding round. SeaTab said that the round was led by Emergence Capital, and also included Trident Capital. SeaTab is a provider of business intelligence so...

READ MORE...
Monday, October 1, 2007

Ignition Raises Late Stage Fund

Bellevue, Washington-based venture capital firm Ignition Partners, said today that it has formed a new, late-stage growth fund, Ignition Growth Capital Fund. The firm said that the new fund, capitalized at $275M, will focus on privately neg...

READ MORE...
Tuesday, September 25, 2007

DocuSign Raises $12.4M

Seattle-based DocuSign said this morning that it has raised $12.5M in a new funding round. The investment was led by WestRiver Capital, and also included prior investors Frazier Technology Ventures, Ignition Partners and Sigma Partners. Doc...

READ MORE...
Monday, September 24, 2007

Visible Technologies Raises $12M

Seattle-based Visible Technologies announced this morning that the firm has raised $12M in a Series B funding round, for its Internet brand and reputation management service. The funding came from Ignition Partners and WPP Group, plc. Visib...

READ MORE...
Thursday, September 20, 2007

CG Therapeutics Appoints Chairman, Looks For Venture Funding

Biotechnology firm CG Therapeutics announced today that it has named Christopher S. Henney, Ph.D., D.Sc., as chairman of its board of directors. CG Therapeutics described Henney as a biotechnology entrepreneur and scientist who co-founded a...

READ MORE...
Thursday, September 20, 2007

Zillow Raises $30M

Real estate Web site Zillow.com announced Thursday that it has collected $30 million in Series C funding. Zillow said Legg Mason Capital Management, an international asset management firm, led the effort. All prior investors also participat...

READ MORE...
Tuesday, September 18, 2007

SEOmoz Raises $1.25M

Seattle-based SEOmoz has raised $1.25M in a venture capital round, the firm's CEO said last night in a blog posting. SEOmoz raised the funding from Ignition Partners and Curious Office. Ignition's investment was led by Michelle Goldberg. SE...

READ MORE...
Wednesday, September 5, 2007

3TIER Gets $2M In Funding For Energy Firm

Seattle-based 3TIER, a provider of wind, solar, and hydro energy assessment, said Wednesday that the firm has raised $2M in a second round of funding. The funding came from Good Energies, and according to the firm is part of a multi-million...

READ MORE...
Thursday, August 30, 2007

Propel Biofuels Raises $4.75M

Seattle-based Propel Biofuels has raised $4.75M in a Series A investment round, led by @Ventures. Other investors in the firm included Nth Power and Seattle-based individuals. @Ventures said that it contributed $2.0M to the venture round. P...

READ MORE...
Wednesday, August 29, 2007

EndoGastric Raises $30M In Series D Financing

Redmond, Washington-based EndoGastric Solutions, a manufacturer of surgical instruments for use in the treatment of gastrointestinal diseases, announced today that it has concluded its fourth round of venture financing after raising $30 mil...

READ MORE...
Wednesday, August 29, 2007

Sequoia Capital Invests $15M in Jive Software

Portland, Oregon-based collaboration software developer Jive Software formally announced Wednesday that it has received $15 million in venture funding from Sequoia Capital. The round had been previously disclosed by the company's CEO earlie...

READ MORE...
Friday, August 24, 2007

Interview with David Almodovar, Oregon Investment Fund

Recently, the Oregon Investment Fund (OIF), which is a fund of funds targeted at supporting the venture capital community in Oregon, announced it had added another venture capital fund, DFJ Frontier, to its list of funds. DFJ Frontier, whic...

READ MORE...
Thursday, August 23, 2007

Pluggd Raises $6M

Seattle-based Pluggd said today that it has raised $6M in a Series A investment. The round came from Intel Capital, which led the investment, along with DFJ Frontier and Labrador Ventures, along with angels. Pluggd said the funding will be ...

READ MORE...
Thursday, August 23, 2007

Jive Software Talks About $15M Round

Portland, Oregon-based Jive Software has raised $15M in an investment round from Sequoia Capital. The funding was covered widely last week but was not announced formally by the firm. Dave Hersh, the firm's CEO, said in his blog yesterday th...

READ MORE...
Tuesday, August 21, 2007

Sindhara Supermedia Adds Investor

Sindhara Supermedia, a Redmond, Washington-based startup focused on still image and video compression, has quietly added Flywheel Ventures as an investor in the firm. The investment has not yet been announced however, Flywheel recently adde...

READ MORE...
Tuesday, August 21, 2007

Calidora Skin Clinic Raises $4M

Seattle-based Calidora Skin Clinic, an operator of medical-aesthetic skin clinics, said last week that it raised $4M in a venture funding round. The round came from angel investors and insiders, with additional capital from Fluke Venture Pa...

READ MORE...
Tuesday, August 21, 2007

Mirabilis Adds $10.5M In Series A Extension

Seattle-based Mirabilis Medica, a firm developing medical products based on real-time ultrasound imaging, said Tuesday morning that it has raised $10.5M in a Series A extension. The financing was led by Arboretum Ventures, and also included...

READ MORE...
Monday, August 20, 2007

Inventure Chemical Scores Funding Round

Gig Harbor, Washington-based Inventure Chemical has raised a first round of funding, the firm said recently, but did not disclose investors. The firm said that the capital will be used to expand the company's test production site and to fur...

READ MORE...
Friday, August 10, 2007

Illumita Raises $6M

Seattle-based Illumita said today that it has raised $6M in a Series A funding. The round came from Madrona Venture Group, Ignition Partners, Bezos Expeditions, and the Washington Research Foundation. Illumita is developing virtualization t...

READ MORE...
Thursday, August 9, 2007

OIF Adds DFJ Frontier, Makes Investment In ClearAccess

The Oregon Investment Fund, the venture capital fund of funds capitalized by the State of Oregon, said today that it has made an investment commitment to DFJ Frontier, an early stage investment fund that is an affiliate of Draper Fisher Jur...

READ MORE...
Monday, August 6, 2007

Amazon Backs Music Download Startup

Amazon.com has invested in a New York-based digital music download site, AmieStreet.com, AmieStreet said this morning. Amount of the Series A investment was not disclosed. AmieStreet operates an online social networking focused, music downl...

READ MORE...
Friday, August 3, 2007

Accelerator Raises $22.5M

Seattle-based Accelerator Corporation said Friday that it has raised $22.5M in additional funding for the firm's biotech incubator. Accelerator said the funding will enable it to continue to identify, evaluate, finance, and manage emerging ...

READ MORE...
Tuesday, July 31, 2007

PayScale Gets $10.3M In Series C

Seattle-based PayScale said today that it has secured an investment from SAP Ventures, closing out its Series C funding. PayScale said that it raised $10.3M in the round, which also included investments from the Corporate Executive Board, A...

READ MORE...
Monday, July 30, 2007

Action Engine Raises $20M in Venture Capital

Action Engine Corp., a developer of on-device portal software, is announcing today that it has raised $20 million in a venture capital funding. Action Engine said previous investor Baker Capital led the effort, while two more previous inves...

READ MORE...
Monday, July 23, 2007

PopShops Debuts Affiliate Marketing Service

Seattle-based PopShops said Monday that it is launching a service which allows web site owners to sell products from their blogs or web sites. The firm said that its service allows anyone to add products from a catalog of affiliate products...

READ MORE...
Friday, July 20, 2007

Demoxi Launches Online Identity Management Firm

Bellevue, Washington-based Demoxi said Thursday that it has launched a new company focused on allowing users to control their online identity. The new firm, which is headed by Rob Monster and Jim Adler, said that the firm was formed by the ...

READ MORE...
Wednesday, July 18, 2007

PacStar Secures $12.3M in Series D Financing

Pacific Star Communications, a systems integrator that provides communications equipment to businesses, governments and the U.S. military, revealed Tuesday that it has generated $12.3 million in Series D funding. The latest round came from ...

READ MORE...
Wednesday, July 18, 2007

Redfin Raises $12M In Funding

Online real estate broker Redfin Corp. announced today that it has raised $12 million in Series C financing. Redfin said Draper Fisher Jurvetson led the effort, with previous investors Madrona Venture Group, Vulcan Capital, BEV Capital and ...

READ MORE...
Monday, July 16, 2007

Apparent Networks Raises $13.6M

Vancouver, BC-based Apparent Networks said today that it has raised $13.6M in a Series B financing round. The funding came from Bain Capital Ventures and JMI Equity, which led the round, along with existing investors Business Development Ba...

READ MORE...
Monday, July 16, 2007

SchemaLogic Raises $12.7M in Series C Funding

SchemaLogic, a developer of business language management software, announced Monday that it has raised $12.7 million in Series C financing. SchemaLogic said Goldman Sachs led the effort, with Artis Capital and previous investors Madrona Ven...

READ MORE...
Friday, July 13, 2007

Verdiem Gets $8.33M For Power Management Software

Seattle-based Verdiem Corporation, a developer of power management software for personal computers, said Friday that it has received $8.33M in financing from Kleiner Perkins Caufield & Byers, The Westly Group, Phoenix Partners, Falcon Partn...

READ MORE...
Tuesday, July 10, 2007

Light Sciences Oncology Adds $30M In Series B Funding

Seattle-based Light Sciences Oncology said Tuesday that it has raised $30M in a Series B funding. The firm is developing treatments for cancer patients. Investors in the firm were not disclosed. The firm said that the Series B Preferred Sto...

READ MORE...
Tuesday, July 10, 2007

Thinglefin Scores Series A

Bellevue, Washington-based Thinglefin, a developer of massively multi-player online casual games, has completed a Series A financing round, the firm is set to announce Wednesday. The funding comes from California Technology Ventures. Financ...

READ MORE...
Tuesday, July 10, 2007

PayScale Lands $8.8M

Seattle-based online pay comparison site PayScale said today that it has closed on $8.8M as part of a $10.3M Series C funding round. The funding was led by Corporate Executive Board, along with Allen & Company LLC, Trinity Ventures, Madrona...

READ MORE...
Tuesday, July 10, 2007

Yapta Raises $2.3M

Seattle-based Yapta said this morning that it has closed a $2.3M Series A round of funding. Yapta, which operates an online, airline ticket pricing tracking service, said that the round was led by First Round Capital, and also included inve...

READ MORE...
Monday, July 9, 2007

Purcell Systems Gets $15M In Debt

Spokane Valley, Washington-based Purcell Systems, a developer of customized power and equipment enclosures, has raised $15M in a venture debt round. Hercules Technology Growth Capital, a firm which provides financing to venture-backed compa...

READ MORE...
Thursday, June 28, 2007

Koronis Raises $20M in Series D Funding

Redmond, Washington-based biopharamaceuticals firm Koronis Pharmaceuticals Inc. reported Thursday that it has raised $20M in a fourth series of financing. Koronis said Seattle-based venture capital firm Pacific Horizon Ventures led the eff...

READ MORE...
Tuesday, June 26, 2007

uXcomm Becomes Virtugo, Raises $4M

Beaverton, Oregon-based uxComm announced today that it has changed its name to Virtugo Software, and raised $4M in new investment. The funding came from Foundation Capital and OVP Venture Partners. the firm said that it will focus on develo...

READ MORE...
Tuesday, June 26, 2007

Cequint Secures More Financing

Seattle-based Cequint Inc., a developer of Caller ID technology for wireless phones, announced this morning that it has received another wave of financing. Specific dollar amounts were not disclosed, but Cequint said new investor iSherpa Ca...

READ MORE...
Monday, June 25, 2007

Oregon Investment Fund Adds $50M In Funding

Portland, Oregon-based The Oregon Investment Fund (OIF) and Credit Suisse announced today that the fund has raised $50M in additional capital from the the Oregon Public Employees Retirement Fund (OPERF). The Oregon Investment Fund is target...

READ MORE...
Wednesday, June 20, 2007

HealthCare.com Inks $6.1M

HealthCare.com, a Florida-based firm developing an Internet service focused on patient-centric health management, said today that it has raised $6.1M in financing. The firm, which also maintains operations in Bellevue, Washington, did not d...

READ MORE...
Monday, June 18, 2007

Bag Borrow or Steal Adds $15M

Seattle-based Bag Borrow or Steal, an online retailer that allows women to rent designer handbags and jewelry, said Monday that it has raised $15M in a third round of funding. The round was led by Steelpoint Capital Partners and Madrona Ven...

READ MORE...
Monday, June 18, 2007

MyStrands Raises $25M

Corvallis, Oregon-based MyStrands announced Monday that it has raised $25M in a Series B funding round for the firm's social recommendation technology. The round came from Grupo Zeta, along with Debaeque and Sequel. MyStrands is developing ...

READ MORE...
Friday, June 15, 2007

SmartSheet Raises $2.69M

Bellevue, Washington-based SmartSheet has reportedly raised $2.69M in a Series A funding, from Madrona Venture Group, according to a regulatory filing picked up by Private Equity Week. SmartSheet is developing web-based software for managin...

READ MORE...
Thursday, June 14, 2007

Infinia Raises $9.5M, Acquires Stirling Cycles

Kennewick, Washington-based Infinia, a developer of Stirling engine products and technologies for the energy market, announced today that it has received $9.5M in venture funding. The funding included Kholsa Ventures, Vulcan Capital, EQUUS ...

READ MORE...
Friday, June 8, 2007

PeerWisdom Gets $2M In Angel Round

Seattle-based PeerWisdom has scored $2M in an angel investment round, the firm told Northwest Innovation Thursday, saying that the firm is looking to redefine the way that consumers find health information on the Internet. The new company, ...

READ MORE...
Tuesday, June 5, 2007

EKOS Gets Debt Round

Bothell, Washington-based EKOS, a firm developing medical devices that use ultrasonic radio waves to treat peripheral arterial occlusions, has raised $10M in venture debt. The funding came from Hercules Technology Growth Capital. EKOS is ve...

READ MORE...
Tuesday, June 5, 2007

HipCricket Secures $6M in Series B Funding

HipCricket Inc., a provider of full-service mobile marketing services, announced Tuesday that it has closed its Series B funding after raising $6 million in the round. The company said the capital will support strategic expansion and additi...

READ MORE...
Tuesday, June 5, 2007

IceBreaker Garners $7.2M in Funding

IceBreaker Inc., a developer of social software for the mobile market, revealed Tuesday that it has secured $7.2 million in funding. The company said Frazier Technology Ventures, a Pacific Northwest venture firm with entrepreneurial and mob...

READ MORE...
Monday, June 4, 2007

CoCo Communications Gets Funding, Shuffles Execs

Seattle-based CoCo Communications announced Monday afternoon that the firm has appointed a new board of directors, appointed a new CEO, and CFO, and taken a new round of capital from its investors. Investors in the firm were not disclosed, ...

READ MORE...
Friday, June 1, 2007

SNAPin Raises $6.3M

Bellevue, Washington-based SNAPin Software has raised $6.3M in an additional financing round, the firm said Thursday, bringing the company's total raised to $24.3M. The new investment came from Oak Investment Partners, Frazier Technology Ve...

READ MORE...
Thursday, May 31, 2007

Powerit Holdings Raises $7.1M

Seattle-based Powerit Holdings, a company developing energy demand management systems, said Thursday that it has raised $7.1M in a Series A venture capital round. The company is developing systems that use hardware, software, and remote sen...

READ MORE...
Wednesday, May 16, 2007

Institute for Corporate Productivity Raises $6M

The Institute for Corporate Productivity (ic4p), a research organization dedicated to improving workforce efficiency and output, revealed Wednesday that it has generated $6 million through a now-completed round of Series A financing. IDG Ve...

READ MORE...
Monday, May 14, 2007

eProject Adds $12M in Series B Financing

Project and portfolio management software-as-a-service developer eProject announced Monday that it has concluded its Series B stage of venture financing after collecting $12 million. Bay Partners and Series A investor Kennet Partners led th...

READ MORE...
Friday, May 11, 2007

Jott Networks Raises $5.4M

Seattle-based Jott Networks has raised $5.4M in a venture capital round from Bain Capital, Ackerley Partners, Draper Richards, and Skype founder Niklas Zennstrom. Jott Networks operates a service which transcribes cell phone calls from voic...

READ MORE...
Friday, May 11, 2007

NeuroVista Raises $33.8M In Series B

Seattle-based NeuroVista announced this week that it has closed a Series B financing worth $33.8M. The funding for the firm came from Advanced Technology Ventures and Delphi Ventures, along with existing investors Three Arch Partners, Sprou...

READ MORE...
Tuesday, May 8, 2007

DepotPoint Gets $4M

Bellevue, Washington-based DepotPoint said today that it has raised $4M in a Series B venture capital round. The investment came from Trident Capital. The firm, which developing software for tracking and managing foreclosures, also said tha...

READ MORE...
Thursday, May 3, 2007

Experticity Gets $2.7M

Seattle, Washington-based Experticity has raised $2.7M in a Series A round, the firm said Wednesday, led by Portland Trust Ltd. and Jammbid Partners. Experticity develops products that allow retailers to provide two-way, video assisted cust...

READ MORE...
Monday, April 30, 2007

SeaMobile Raises $20M

Seattle-based SeaMobile confirmed today that the firm has raised $20M in venture funding, for the firm's cell phone and Internet access services for cruise ships. The new funding came from Ignition Partners, along with Cambon Capital Partne...

READ MORE...
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...

READ MORE...
Thursday, April 19, 2007

Avvo Gets $10M In Series B

Seattle-based Avvo said today that it has raised $10M in a Series B funding. The round was led by Ignition Partners, and also included prior investor Benchmark Capital. The round brings the company's total to $13M, and also includes the app...

READ MORE...
Thursday, April 19, 2007

SchemaLogic Finds $12.8M

Kirkland, Washington-based SchemaLogic has raised $12.8M in a Series C funding, the firm disclosed earlier this month, in a round led by Goldman Sachs. Other investors in the round included Madrona Venture Group, Phoenix Partners, and the f...

READ MORE...
Monday, April 16, 2007

Collaborative Software Initiative Raises Funding

Portland, Oregon-based Collaborative Software Initiative (CSI) said today that it has launched with backing from OVP Venture Partners. The new firm, which was founded by Stuart Cohen, former Open Source Development Labs (OSDL) CEO, said it ...

READ MORE...
Thursday, April 12, 2007

OnRequest Images Lands $9M

Seattle-based OnRequest Images has raised $9M in a third round of funding, the company said Thursday. The funding came from Menlo Ventures, along with existing investors Maveron and Frazier Technology Ventures. H. DuBose Montgomery of Menlo...

READ MORE...
Tuesday, April 10, 2007

iovation Gets Funding From First Round Capital

Portland, Oregon-based iovation, a firm developing fraud management and reputation management software for online businesses, has received a round of funding from First Round Capital, Northwest Innovation has learned. The round has not yet ...

READ MORE...
Tuesday, April 10, 2007

Ensequence Scores $40M

Portland, Oregon-based Ensequence announced today that it has raised $40M in a Series C funding. The company did not disclose investors in the round. Ensequence develops interactive video software used for TV, broadband, and mobile platform...

READ MORE...
Monday, April 9, 2007

Redfin Looks To Raise Round

Seattle-based Redfin is making the rounds of Silicon Valley venture capitalists in what the firm hopes is its last round of private financing, according to Glenn Kelman, the firm's CEO. Kelman disclosed the fundraising effort late Friday ni...

READ MORE...
Monday, April 9, 2007

OVP's Chen Goes Part Time

OVP Venture Partners said Friday that partner Dave Chen is transitioning to a part time venture partner position in July. The Portland, Oregon-based venture capital firm said that Chen will be moving to independently pursue opportunities in...

READ MORE...
Tuesday, April 3, 2007

Pacific Northwest Sees $483.95M In Q1 2007 Deals

The Pacific Northwest saw a healthy $483.95M in venture capital deals in Q1 of this year, according to an analysis of the Northwest Innovation venture database. The quarterly totals were buoyed by $113M in equity invested in biodiesel devel...

READ MORE...
Tuesday, March 27, 2007

Microsoft Spins Out ZenZui

Redmond, Washington-based Microsoft said today that it has funded a new, independent firm called ZenZui, which will provide advanced information visualization technology for mobile phones. The firm is using technology patented by Microsoft ...

READ MORE...
Thursday, March 22, 2007

Serveron Raises $5M

Hillsboro, Oregon-based Serveron, a provider of tools for managing and monitor power grids, said today that it has raised an additional $5M in funding. The funding came from El Dorado Investment Company, Nth Power, Cascadia Pacific Manageme...

READ MORE...
Wednesday, March 21, 2007

HipCricket Raises $2M

Bellevue, Washington-based HipCricket, a mobile marketing firm, said today that it has closed a second tranche of Series A funding. The funding brings the company's total to $2M in funding. HipCricket said that the investments came from an...

READ MORE...
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...

READ MORE...
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 ...

READ MORE...
Thursday, March 8, 2007

Curious Office Invests In Shelfari

Curious Office said this week in its blog that it participated in the approximately $1M round in Shelfari that was led by Amazon.com, which was announced at the end of February. Kelly Smith of Curious Office is also on the advisory board fo...

READ MORE...
Thursday, March 8, 2007

Impinj Gets $19M

Seattle-based Impinj said Wednesday that it has raised another $19M in venture capital funding. The firm said the round came from AllianceBernstein, which led the round, as well as previous investors ARCH Venture Partners, GF Private Equity...

READ MORE...
Tuesday, March 6, 2007

Platial Announces Venture Funding

Portland, Oregon-based Platial said today that it has raised $2.4M in a Series A investment. The funding came from KeyNote Ventures, and also included prior investors Kleiner Perkins, Caufield & Byers, Omidyar Network, Ram Shriram, Ron Conw...

READ MORE...
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...

READ MORE...
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...

READ MORE...
Tuesday, February 27, 2007

Dexterra Raises $36M

Bothwell, Washington-based Dexterra announced this morning that it has raised $36M in a venture capital round led by New Enterprise Associates. Other investors in the round included Canaan Partners, Intel Capital, Mesirow Financial, Motorol...

READ MORE...
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...

READ MORE...
Wednesday, February 21, 2007

Imperium Renewables Raises $214M

Seattle-based Imperium Renewables, which is developing a biodiesel facility expected to product up to 100M gallons of biodiesel a year, said today that it has raised $113M in a private equity round, and a $101M Senior Secured Credit Facilit...

READ MORE...
Thursday, February 15, 2007

SeaTab Lands $3.5M

Seattle, Washington-based SeaTab Software has raised $3.5M in a venture funding from Trident Capital, the firm said today. SeaTab is a developer of enterprise business intelligence software. Private investors also participated. Evangelos Si...

READ MORE...
Monday, February 12, 2007

Omeros Raises $63M

Seattle-based Omeros announced today that it has raised over $63M in an oversubscribed Series E funding. The funding included new investors Aravis Ventures, ARCH Venture Partners, subsidiaries of American Financial Group, Grosvenor Funds, N...

READ MORE...
Friday, February 9, 2007

Targeted Growth Raises $22.3M

Seattle-based Targeted Growth has raised $22.3M for the firm's technology for producing renewable fuels. The round was led by Capricorn Management and AllianceBernstein. Targeted Growth is developing biotechnology for increasing yields on f...

READ MORE...
Wednesday, February 7, 2007

OVP Adds Weissman As Venture Partner

Kirkland, Washington-based OVP Venture Partners said late last night that it has appointed Carl Weissman as a Venture Partner at the firm. Weissman will focus on investments in digital biology, and the convergence of IT, nanotechnology, and...

READ MORE...
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 ...

READ MORE...
Tuesday, January 30, 2007

Mixpo Discloses Funding, Demos Services

Seattle-based Mixpo has unveiled its online media publishing service at the DEMO conference in Palm Desert, California, and also disclosed that it received $6.5M in a Series A funding in May of 2006 from Madrona Venture Group, Working Oppor...

READ MORE...
Wednesday, January 24, 2007

CleverSet Raises $2M

Seattle, Washington-based Cleverset has raised $2M in a funding round, the firm said today. The firm also said that Barry Gilbert, former CEO of Smith & Hawken and former COO of Sharper Image, has joined the company's board of directors. Cl...

READ MORE...
Monday, January 22, 2007

U.S. Venture Invesments Hit High, Washington Sees Growth

U.S. Venture Capital investing his a five year high in 2006, reaching $25.75B in investments, with Washington State seeing $1.07B of that investment, according to numbers released today by Ernst & Young and Dow Jones VentureOne today. Accor...

READ MORE...
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...

READ MORE...
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...

READ MORE...
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...

READ MORE...
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 ...

READ MORE...
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 ...

READ MORE...
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...

READ MORE...
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...

READ MORE...
Tuesday, December 19, 2006

Chockstone Raises $14M

Portland, Oregon-based Chockstone said today that it has raised $14M in a Series B round of funding. The firm developing stored-value and customer loyalty programs for retailers. The firm did not announce the firms involved in the venture f...

READ MORE...
Monday, December 18, 2006

Values of N Gets Investment From First Round

Portland, Oregon-based Values of N, which is developing a Web 2.0 application for posting stick notes on web sites, said last night in its blog that it has added First Round Capital to the firm's list of investors. According to Rael Dornfes...

READ MORE...
Tuesday, December 12, 2006

HyperQuality Lands $10M

Seattle-based HyperQuality has raised $10M in a Series B venture capital round, the firm said today. The round was led by Ignition partners, and included prior investors Miramar Venture Partners, Rustic Canyon, and Divergent Ventures. Hyper...

READ MORE...
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...

READ MORE...
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...

READ MORE...
Wednesday, December 6, 2006

Amazon Invests In Wikia

Amazon.com has invested in San Mateo, California-based Wikia, which is developing a wiki web site on a broad range of topics. Amount of strategic investment the investment was not disclosed. Amazon.com was the sole investor in the round. Wi...

READ MORE...
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...

READ MORE...
Monday, December 4, 2006

uXcomm Appoints VPs

Beaverton, Oregon-based uXcomm said this morning that it has appointed three new members of its executive team. uXcomm has appointed Bob Mahoney as Controller, Tom Stephenson as VP of Worldwide Sales, and Earl Hines as Director of Marketing...

READ MORE...
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...

READ MORE...
Monday, November 27, 2006

Trumba Signs Conference Operator

Seattle-based Trumba said today that the International Film Festival Summit (IFFS) will use the firm's services for its annual conference. IFFS will use Truma's Connect product to power an online event calendar for the summit, including sch...

READ MORE...
Friday, November 17, 2006

iConclude Connects With Opsware

Bellevue, Washington-based iConclude this week said that it has teamed with Opsware, a provider of data automation software, in a deal which calls for Opsware to resell and market the firm's Run Book Automation (RBA) solutions. The product ...

READ MORE...
Thursday, November 16, 2006

Medio Scores $30M

Seattle-based Medio Systems today announced it has raised $30M in a Series B funding round for the firm. The funding came from Accel Partners, and also included prior investors Mohr Davidow Ventures, Frazier Technology Ventures, and Trilogy...

READ MORE...
Monday, November 13, 2006

Trumba Gets Win At The New York Times

Seattle, Washington-based Trumba said today that it has been selected by the New York Times to power the paper's online automotive and career event calendar. The firm, which operates an online calendaring service, said that the sections, on...

READ MORE...
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...

READ MORE...
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...

READ MORE...
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...

READ MORE...
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....

READ MORE...
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...

READ MORE...
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...

READ MORE...
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...

READ MORE...
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 ...

READ MORE...
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...

READ MORE...
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...

READ MORE...
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....

READ MORE...
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...

READ MORE...
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...

READ MORE...
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,...

READ MORE...
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...

READ MORE...
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...

READ MORE...
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...

READ MORE...
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...

READ MORE...
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 ...

READ MORE...
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...

READ MORE...
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...

READ MORE...
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...

READ MORE...
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 ...

READ MORE...
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...

READ MORE...
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...

READ MORE...
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...

READ MORE...
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...

READ MORE...
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...

READ MORE...
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...

READ MORE...
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...

READ MORE...
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 ...

READ MORE...
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...

READ MORE...
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...

READ MORE...
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 ...

READ MORE...
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...

READ MORE...
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...

READ MORE...
Tuesday, June 20, 2006

Wetpaint Launches Wiki Site

Seattle-based Wetpaint has launched its wiki site, allowing people to create their own sites using the company's web creation tools. The firm, which is backed by Trinity Ventures and Frazier Technology Ventures, said Monday that it is targe...

READ MORE...
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...

READ MORE...
Wednesday, June 7, 2006

Avvo Gets $3M

Seattle-based Avvo has raised $3M in a Series A round of funding from Benchmark Capital. The firm is developing legal services to help consumers navigate the legal industry. Avvo said that it will use the funds to expand its operations. The...

READ MORE...
Tuesday, June 6, 2006

Onyx Goes Private

Bellevue, Washington-based Onyx Software, which is listed on the Nasdaq as ONXS, has agreed to be taken private by M2M Holdings. The firm said today that the deal is worth approximately $92M. M2M Holdings is a holding company that is jointl...

READ MORE...
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...

READ MORE...
Friday, June 2, 2006

Ignition Adds $80M To Coffers

Bellevue, Washington-based venture capital firm Ignition Partners has added another $80M into its latest fund, the firm said this morning. Ignition said that the $80M is being added to its third fund, which originally closed in October. The...

READ MORE...
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...

READ MORE...
Monday, May 22, 2006

Straitshot Raises $5.5M

Bellevue, Washington-based Straitshot Communications has raised $5.5M in a second round of funding from Claritage Capital, the firm said this morning. Straitshot said that it would use the funding to build out its core network infrastructur...

READ MORE...
Wednesday, May 10, 2006

Junxion Gets Investment

Seattle, Washington-based Junxion has received a venture capital round, the firm said this week. Junxion said that the round came from Trilogy Equity Partners. Junxion is a developer of wireless wide area network hardware. Trilogy partner D...

READ MORE...
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...

READ MORE...
Thursday, April 20, 2006

AeA Study Shows Slight Rise In Tech Growth

The AeA, an industry group that represents high tech companies, released its annual Cyberstates report yesterday, reporting on high tech employment in the area. The Cyberstates 2006 report found that Washington state now ranks number two in...

READ MORE...
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...

READ MORE...
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...

READ MORE...
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...

READ MORE...
Wednesday, April 12, 2006

MedManage Raises $10.75M

Bothell-based MedManage Systems has raised $10.75M in a Series D venture financing, the firm said this morning. MedManage said that the funding came from QuestMark Partners, and included participation by existing investors Versant Ventures,...

READ MORE...
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...

READ MORE...
Wednesday, April 5, 2006

SNAPin Completes Series C

Bellevue-based SNAPin Software said today that it has received final funds for its Series C funding round, which it announced in February, saying that it has added investments from Trilogy Equity Partners. SNAPin said that Trilogy Equity Pa...

READ MORE...
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...

READ MORE...
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...

READ MORE...
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...

READ MORE...
Wednesday, March 8, 2006

Bag Borrow or Steal Raises $8M

Seattle-based Bag Borrow or Steal has raised a new round of funding worth $8.25M, the company announced this morning. The company raised a Series B funding from Madrona Venture Group, along with existing investors Impact Venture Partners an...

READ MORE...
Friday, February 24, 2006

EndoGastric Gets $32M C Funding

Redmond, Washington-based EndoGastric Solutions said today that it has received $32M in a Series C funding. The firm said that the funding was led by Chicago Growth Partners, and included participation by existing investors MPM Capital, Adv...

READ MORE...
Tuesday, February 21, 2006

Loudeye Gets $8.25M in Private Placement

Seattle-based Loudeye has garned another round of equity financing. The publicly listed firm said this morning that it has received $8.25M in a private placement with institutional investors. The company did not disclose who the investors w...

READ MORE...