TOP NEWS

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

ThoughtSpot, a developer of artificial intelligence analytics software which has one of its offices in Bellevue, said on Thursday that it has raised $60M in new funding. The funding came from LightSpeed Ventures, and also included Capital One Growth Ventures, along with its prior investors. The company says it has now raised $160M in total. ThoughtSpot is led by Ajeet Singh....Continue →


Procare Software Links With KidReports

Medford, Oregon-based Procare Software, which develops child care management software, and Denver, Colorado-based KidReports, a developer of software used by child care providers, said the two are in a strategic partnership on Thursday. Financial details of the strategic partnership were not announced. The two said that a proprietary version of KidReports will be offered exclusively to Procare's customers....Continue →


Smarsh Buys Cognia

Portland-based archiving software developer Smarsh says it has acquired Cognia, a UK-based developer of cloud-based voice archiving, audio search, and analytics software. Terms of the buy were not disclosed. Smarsh says the buy will allow it to expand in Europe. Cognia's products are used by financial firms to capture audio content from mobile carriers, for compliance efforts.Continue →


Allen Institute Company Ramps Incubator Efforts

The Allen Institute for Artificial Intelligence (AI2), the artificial intelligence incubator program founded by Paul G. Allen and Dr. Oren Etzioni, says that it is "doubling down" on its incubator efforts, after the acquisition of its first spinoff by Baidu. One of its startups, KITT.AI, was recently acquired by Baidu, and AI2 says another one of its startups, XNOR.ai, raised $2.6M....Continue →


Mixpo Acquired By Netsertive

Seattle-based Mixpo, the developer of software which helps publishers and marketers run rich media ad campaigns, has been acquired by North Carolina-based Netsertive, the two said on Tuesday morning. Financial terms of the acquisition were not announced. Mixpo was led by Charlie Tillighast.Continue →


Bill Gates Donates $4.6 Billion To Charity Efforts

Microsoft founder Bill Gates has just donated $4.6 billion in Microsoft stock to charity, in a donation to his nonprofit Gates Foundation, which he runs with wife Melinda. The donation was first disclosed in an SEC filing on Monday. The funds come on top of an earlier, $5 billion Gates donated to start the foundation in 2000. Bill Gates, and the foundation, have not announced any details on the donation. Apparently, Bill Gates has so far donated more than $18 billion to the charitable fund....Continue →


Microsoft Acquires Cycle Computing

Bellevue-based Microsoft announced this morning that it has acquired Cycle Computing, a developer of cloud computing software used for high performance computing (HPC). Financial terms of the buy were not disclosed. Microsoft said the buy will help its customers accelerate their move to the cloud, and specifically, Microsoft Azure. Cycle Computing says it was bootstrapped, without VC funding, twelve years ago, using $8,000 off the founder's credit cards....Continue →


IOpipe Raises $2.5M For Serverless Apps

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


GawkBox Gets $3.7M To Enable Tipping For Game Streaming

Seattle-based GawkBox, which develops software and services to help live videogame streamers and other content creators collect "tips" from their viewers, has raised $3.7M in a Series A funding round. The funding was led by Madrona Venture Group, and also included London Venture Partners, Erlend Christofferson (ex-CMO of Supercell), Jon Zweig (AdColony, AppOnboard), as well as others. GawkBox's software lets live streamers collect tips from their viewers on Twitch and YouTube....Continue →


NetXposure Acquires Chuckwalla

Portland-based NetXposure (NetX) said on Thursday afternoon that it has acquired ASL Acquisition Inc. d/b/a Chuckwalla, a developer of digital asset management technology. Financial terms of the acquisition were not disclosed. The companies said Chuckwalla was founded in 1992.Continue →


Donuts Raises $110M In Debt Funding

Kirkland-based global top level domain (gTLD) registrar Donuts has raised $110M in a credit facility, from Silicon Valley Bank, along with Cadence Bank, N.A., Comerica Bank, Pacific Western Bank, and Umpqua Bank, the company announced late Wednesday. According to Donuts, it will use the new line of credit for its merger with Rightside Group, as well as for general corporate purposes. Rates and terms of the credit facility were not announced....Continue →


Korrio Acquired By TeamSnap

Seattle-based Korrio, which develops youth sports management software, has been acquired by fellow software developer TeamSnap, the two announced on Wednesday. Financial details of the acquisition were not disclosed. Korrio's CEO is Steve Goldman.Continue →



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