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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...

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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...

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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...

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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...

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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, ...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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, ...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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....

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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...

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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...

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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 ...

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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 ...

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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. ...

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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...

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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...

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Friday, July 18, 2014

Pacific Northwest Venture Totals Rise To $408.7M In Q2

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

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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 ...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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....

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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 (...

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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 ...

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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...

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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...

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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 ...

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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...

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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...

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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 ...

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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...

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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...

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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...

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Wednesday, May 14, 2014

Maveron Backs DarbySmart For DIY Craft Delivery

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

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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 ...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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....

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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....

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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...

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Thursday, March 27, 2014

Flowboard Finds $750K For iPad Presentation App

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

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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. ...

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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...

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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...

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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 ...

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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 ...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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 ...

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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 ...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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,...

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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...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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...

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Thursday, December 19, 2013

Cyanogen Snags $23M For Android Software

Seattle-based Cyanogen...

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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...

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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...

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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...

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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...

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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-...

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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'...

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Monday, December 9, 2013

Clarity Health Services Lands $6.6M

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

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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...

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Tuesday, November 5, 2013

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

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

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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Monday, October 14, 2013

TechStars Azure Incubator Grad Embarke Gets Seed Funding

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

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Tuesday, October 8, 2013

iSpot.tv Finds $5M For TV Tracking

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

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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...

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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...

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Monday, September 30, 2013

Porch Aims To Raise $27.7M In New Funding Effort

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

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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...

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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...

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Tuesday, September 24, 2013

Ignition Backs Cloud Startup BlueData

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

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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...

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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 ...

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Wednesday, September 18, 2013

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

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

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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...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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...

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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...

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Thursday, August 22, 2013

Former Windows President Sinofsky Joins Andreessen Horowitz

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

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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...

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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 ...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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 ...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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 ...

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Monday, July 15, 2013

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

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

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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...

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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...

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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 ...

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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...

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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 ...

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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,...

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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...

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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...

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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...

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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, ...

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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...

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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...

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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...

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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...

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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, ...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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Tuesday, May 7, 2013

DFJ Frontier Bolsters Seattle Presence With Former MSNBC Head Merrill Brown

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

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Tuesday, 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...

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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...

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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...

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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...

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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...

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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....

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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Tuesday, April 9, 2013

Donuts Dunks Into New Funding Round

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

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Friday, April 5, 2013

Jeff Bezos Backs Online News Site Business Insider

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

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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...

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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...

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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...

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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...

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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...

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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, ...

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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...

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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 ...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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...

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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...

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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...

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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 ...

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Wednesday, February 27, 2013

LiveMocha Lands $240K In Funding

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

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Wednesday, February 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...

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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...

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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...

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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...

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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...

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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 ...

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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 ...

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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,...

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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...

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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...

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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...

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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...

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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. ...

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Wednesday, February 6, 2013

Madrona Adds Big Data, Cloud Expert As Venture Partner

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

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Monday, February 4, 2013

Ignition's Reboot Emblematic Of Venture Industry's Woes

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

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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...

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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 ...

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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...

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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,...

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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...

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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...

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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...

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Thursday, January 24, 2013

Ignition Scales Back Fund Size, Partners

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

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Thursday, 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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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...

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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...

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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...

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Thursday, December 6, 2012

Naya Ventures Launches $50M Fund

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

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Wednesday, 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...

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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-...

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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...

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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...

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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...

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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 ...

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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 ...

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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...

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Wednesday, November 28, 2012

Bizible Gets $1.7M

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

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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...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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,...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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...

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Friday, October 19, 2012

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

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

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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...

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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...

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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...

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Monday, October 15, 2012

Ignition Has Busy Day In San Francisco

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

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Thursday, 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,...

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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...

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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...

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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...

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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...

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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...

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Thursday, September 27, 2012

Microsoft Integrates Klout Into Bing, Makes Investment

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

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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...

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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...

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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...

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Wednesday, September 19, 2012

Maveron Gets Exit At Zui

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

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Tuesday, 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 ...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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...

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Tuesday, August 21, 2012

Madrona Tops Venture Returns List

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

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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, ...

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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...

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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...

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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...

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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...

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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...

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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...

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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, ...

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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...

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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...

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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...

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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 ...

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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 -...

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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...

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Friday, July 20, 2012

Pacific Northwest Venture Totals Mixed In Q2

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

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Tuesday, 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 ...

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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...

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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...

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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 ...

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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 ...

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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...

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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...

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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...

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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 ...

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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...

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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 ...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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, ...

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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...

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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 ...

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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...

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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...

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Tuesday, June 5, 2012

Madrona Raises $300M In Fifth Venture Fund

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

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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...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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 ...

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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...

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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...

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Thursday, April 19, 2012

VC Investments In Pacific Northwest Firms Increase In Q1

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

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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...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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,...

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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...

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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,...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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)...

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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 ...

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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...

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Tuesday, December 20, 2011

Voyager Looks To Raise $125M In Fourth Fund

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

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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 ...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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 ...

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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...

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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...

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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 ...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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),...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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 ...

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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 ...

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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 ...

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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 $...

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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...

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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 ...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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 ...

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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 ...

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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...

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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...

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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...

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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...

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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...

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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...

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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-...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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....

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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...

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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...

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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...

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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...

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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...

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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...

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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. ...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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,...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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....

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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...

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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...

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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....

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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...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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 ...

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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...

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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 ...

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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...

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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...

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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, ...

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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...

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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...

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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...

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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...

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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,...

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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...

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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...

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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...

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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 ...

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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....

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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...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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, ...

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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...

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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...

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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. ...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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 ...

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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...

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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 ...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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 ...

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Thursday, September 2, 2010

RealNetworks Names VC To Board

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

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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...

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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...

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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 ...

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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...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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,...

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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...

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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...

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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 ...

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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...

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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...

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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 ...

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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 ...

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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...

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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...

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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 ...

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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...

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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...

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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 ...

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Thursday, July 15, 2010

Venture Capital Totals Up In Q2

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

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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...

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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...

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Friday, July 9, 2010

Pacific Northwest Venture Deals Total Around $385M In Q2

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

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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...

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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-...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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 Founderís Co-op. The firm was founded by Andy Sack of Founder's Co-op and TechStars. The firm said ...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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Monday, May 10, 2010

Doxo Gets $5.25 For Paperless Billing

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

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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Tuesday, April 20, 2010

WTIA VC Survey: VCs Optimistic, But Still Concerned

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

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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...

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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...

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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...

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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...

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Thursday, April 15, 2010

Washington, Oregon See Rise In VC Investments In Q1

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

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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...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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....

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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 ...

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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...

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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 ...

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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 ...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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 ...

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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, ...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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....

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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 ...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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 ...

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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...

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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 ...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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,...

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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...

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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...

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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...

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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...

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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...

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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...

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Friday, October 2, 2009

Pacific Northwest Venture Totals Around $270M

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

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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...

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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...

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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 ...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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),...

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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 ...

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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. ...

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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...

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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 ...

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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...

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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...

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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 ...

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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...

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Monday, July 20, 2009

Venture Investments Hits $5.27B, Says Report

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

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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...

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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...

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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...

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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...

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Monday, July 13, 2009

VC Fundraising Drops to $1.7B, 13 Year Low

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

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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, ...

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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...

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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 ...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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....

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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...

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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...

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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...

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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...

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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...

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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...

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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, ...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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 ...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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 ...

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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...

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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....

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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,...

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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...

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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,...

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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 ...

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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...

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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...

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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 ...

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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...

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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 ...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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 ...

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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 ...

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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 ...

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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...

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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...

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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...

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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 ...

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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 ...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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...

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Tuesday, July 29, 2008

WTIA: VCs are Worried

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

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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...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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 ...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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 ...

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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...

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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...

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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,...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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 ...

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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 ...

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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...

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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...

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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...

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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...

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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...

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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. Nomuraís New Energy & Clean Technology Ventu...

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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 ...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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....

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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...

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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,...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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 ...

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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...

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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,...

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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...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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 ...

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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 ...

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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 ...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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 ...

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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, ...

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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...

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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...

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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...

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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, ...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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Monday, April 23, 2007

Washington State Sees Increase in VC Deals

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

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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...

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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...

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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 ...

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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...

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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 ...

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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...

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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...

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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...

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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...

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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 ...

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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...

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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...

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Monday, March 19, 2007

Spaltudaq Raises $29M

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

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Monday, March 12, 2007

Voyager Capital Adds Strategic Partners

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

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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...

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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...

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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...

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Wednesday, February 28, 2007

Shelfari Gets Series A Funding

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

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Wednesday, February 28, 2007

OVP Names Partner

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

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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...

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Monday, February 26, 2007

ImageKind Raises $2.6M

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

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Wednesday, 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...

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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...

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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...

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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...

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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...

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Wednesday, January 31, 2007

Farecast Raises $12M Series C

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

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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...

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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...

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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...

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Tuesday, January 9, 2007

Wetpaint Raises $9.5M

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

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Monday, January 8, 2007

BioPassword Raises $11M

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

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Monday, January 8, 2007

Bezos Invests In ChaCha

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

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Monday, January 8, 2007

Calypso Medical Gets $42.2M

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

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Thursday, January 4, 2007

HipCricket Scores Series A

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

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Tuesday, January 2, 2007

Pacific Northwest Sees $210M In Venture Investments In Q4

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

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Wednesday, December 20, 2006

iLike.com Raises $13.3M

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

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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...

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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...

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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...

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Monday, December 11, 2006

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

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

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Thursday, December 7, 2006

Pluggd Gets Investment From Intel

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

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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...

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Monday, December 4, 2006

Geospiza Raises $3M

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

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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...

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Wednesday, November 29, 2006

Apex Learning Raises $6M

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

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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...

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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 ...

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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...

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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...

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Friday, November 10, 2006

Ontela Gets Funding

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

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Friday, November 10, 2006

Talyst Gets $20M

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

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Wednesday, November 1, 2006

Pathway Medical Raises $25M

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

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Thursday, October 26, 2006

Talent Technology Gets CDN $17M

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

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Thursday, October 26, 2006

Layer 7 Lands $8.9M

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

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Thursday, October 26, 2006

GotVoice Scores $3M

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

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Tuesday, October 24, 2006

VC Investments In Pacific Northwest Total $190M For Q3

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

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Monday, October 23, 2006

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

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

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Monday, October 16, 2006

Elemental Technologies Gets Seed Investment

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

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Thursday, October 5, 2006

Escapia Raises $2M

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

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Thursday, October 5, 2006

Mirabilis Raises $4M

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

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Friday, September 29, 2006

Twisted Pair Gets $9M

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

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Wednesday, September 27, 2006

Auctionpay Raises $5.5M In Series B Funding

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

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Thursday, September 21, 2006

Web 2.0 Investments Hit $262.3M

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

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Friday, September 15, 2006

Oregon Investment Fund Invests in Kryptiq

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

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Friday, September 8, 2006

XenSource Taps Ignition For VP

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

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Thursday, September 7, 2006

Phoseon Raises $1.3M

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

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Thursday, September 7, 2006

Omeros Buys Nura, Gets Investment

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

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Wednesday, August 30, 2006

SinglePoint Raises $30M

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

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Thursday, August 17, 2006

InSpa Raises $5M

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

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Tuesday, August 15, 2006

WildTangent Gets Strategic Investment

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

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Tuesday, August 8, 2006

TripHub Launches Travel Community

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

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Tuesday, July 25, 2006

VC Investments in First-time Startups Hits High

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

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Tuesday, July 25, 2006

Site9 Raises $1.1M

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

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Tuesday, July 25, 2006

Zillow Gets $25M

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

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Monday, July 24, 2006

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

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

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Wednesday, July 19, 2006

Jobster Raises $18M

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

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Tuesday, July 18, 2006

VC Funds Raise $11.2B in Second Quarter

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

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Monday, July 17, 2006

uXcomm Gets $13.6M

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

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Tuesday, July 11, 2006

SecondSpace Finds $6.5M

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

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Monday, July 10, 2006

Alder Biopharmaceuticals Raises $16M

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

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Wednesday, July 5, 2006

Clearwire Raises $900M

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

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Wednesday, July 5, 2006

eProject Raises $6M

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

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Thursday, June 29, 2006

BioPassword Raises Strategic Round

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

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Wednesday, June 28, 2006

Oberon Media Gets Funding

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

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Tuesday, June 20, 2006

Compiere Gains $6M, But Departs Region

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

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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...

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Friday, June 16, 2006

VLST Raises $55M

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

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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...

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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...

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Tuesday, June 6, 2006

GMI Gets $35M

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

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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...

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Thursday, June 1, 2006

HealthUnity Raises $1.4M

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

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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...

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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...

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Tuesday, April 25, 2006

Venture Capital Quarterly Results Released, WA Deals Double

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

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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...

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Wednesday, April 19, 2006

Widevine Gets $16M

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

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Tuesday, April 18, 2006

Amdocs Buys Qpass for $275M

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

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Monday, April 17, 2006

Madrona Ventures Closes $167M Fund

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

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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,...

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Thursday, April 6, 2006

Spiration Raises $13.4M

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

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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...

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Thursday, March 30, 2006

Vigilos Raises $6M

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

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Friday, March 24, 2006

Weston Presidio Buys VC Backed Firm

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

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Tuesday, March 21, 2006

EKOS Raises $26M

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

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Wednesday, 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...

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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...

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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...

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