Friday, March 6, 2015

MOD Pizza Gets $40M In Funding To Expand Nationwide

Friday, March 6, 2015

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

 
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Cray Names New Board Member

Friday, March 6, 2015

Seattle-based Cray said this morning that it has named a new board member. According to Cray, it has added Martin Homlish, the CEO of marketing agency AMP, to its board, and also as a member of its Strategic Technology Assessment Committee....

 
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Thursday, March 5, 2015

MicroVision Reports License Deal

Thursday, March 5, 2015

Redmond-based MicroVision, which is developing ultra-miniature projection displays, reported Thursday that it has signed a multi-year license with its existing, Fortune Global 100 partner....

 
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Redfin: Home Tours Up 50 Percent In February

Thursday, March 5, 2015

Seattle-based online real estate agency Redfin says the real estate market is heating up -- and so are its customer home tours....

 
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SaaS Capital Raises $58M Debt Fund, Sets Up Shop In Seattle

Thursday, March 5, 2015

SaaS Capital, a provider of debt-based growth capital for software-as-a-service companies, is announcing this mornig that it has raised a new, $58M debt fund and setting up shop in Seattle. The fund is the firm's second. SaaS capital said the funding will expand its funding capacity to $75 to $100M....

 
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Wednesday, March 4, 2015

Rover Offers Up Free Puppies As Recruiting Tool

Wednesday, March 4, 2015

Seattle-based online dog sitting marketplace Rover said today that it will give a free puppy to anyone who starts working at the company. Rover.com said that the puppy is part of an "unprecedented benefits package" and special perks it is using to attract employees....

 
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Building Energy Gets $300K From Lighter Capital

Wednesday, March 4, 2015

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

 
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Paul Allen Finds Long Lost WWII Japanese Battleship

Wednesday, March 4, 2015

Microsoft co-founder Paul G. Allen has uncovered a sunken, Japanese battleship, the Musashi, off the coast of the Philippines, after and eight year search. Allen, a philanthropist who also has an interest in history, said he has been interested in World War II history since he was young....

 
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Tuesday, March 3, 2015

Earth Class Mail Goes Bankrupt

Tuesday, March 3, 2015

Bellevue, Washington-based Earth Class Mail, the venture-backed startup which had been looking to digitize and make postal mail available to users online, has filed for a Chapter 11 bankruptcy. According to a regulatory filing by the firm, it had liabilities of $13.7M and assets of only $1....

 
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Tempered Networks Raises $15M

Tuesday, March 3, 2015

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

 
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Startup Launches New App In Oregon To Help Students Split, Pay Bills

Tuesday, March 3, 2015

The startup operator of an online student rental marketplace--which has a heavy presence at the University of Oregon--said today that it has launched a new app to help roommates split and pay bills....

 
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Monday, March 2, 2015

Zillow Rolls Out Real Time Home Value Estimates

Monday, March 2, 2015

Seattle-based Zillow is making it easier for homeowners to see the impact of editing on their home facts in their home values, as calculated via Zillow's Zestimate, the company said late last week....

 
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Lattice Semiconductor Passes Antitrust Hurdle

Monday, March 2, 2015

Hillsboro, Oregon-based Lattice Semiconductor has passed the Hart-Scott-Rodino antitrust waiting period in its acquisition of Silicon Image, the company said this morning, marking a milestone in the company's acquisition efforts. Lattice Semiconductor announced the $600M deal in January....

 
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CUI Global Buys Tectrol

Monday, March 2, 2015

Tualatin, Oregon-based CUI Global, a diversified developer of a wide range of technology and other products, said today that it has acquired Tectrol, which designs and manufactures custom power supplies. CUI Global said the deal was worth $5....

 
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Friday, February 27, 2015

Vulcan Capital Backs Second Life Creator's New Startup

Friday, February 27, 2015

Seattle-based venture investor Vulcan Capital, Paul Allen's investment firm, has backed the founder of Second Life in another virtual world venture....

 
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Itron Names Vice Chairman

Friday, February 27, 2015

Liberty Lake-based smart meter maker Itron said Thursday that it has named Lynda Ziegler as the company's new Vice Chairman of its board. Itron said that Ziegler's position was created as part of the board's succession planning process....

 
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Thursday, February 26, 2015

PlayFab Lands $7.4M For Backend Game Tools

Thursday, February 26, 2015

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

 
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OpenDoor Looks To Bring Instant Home Sales To Portland

Thursday, February 26, 2015

Homeowners in Portland will soon be able to submit their homes online for a near-instant sale, thanks to the expansion plans of a Silicon Valley startup....

 
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Wednesday, February 25, 2015

Parallels Buys 2X Software

Wednesday, February 25, 2015

Renton-based Parallels said Wednesday that it has acquired 2X Software, a developer of application virtualization, remote application delivery, and mobile device software. Financial details of the buy were not disclosed. 2X Software was based in Dallas, Texas....

 
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Unify Square Gets $8.2M From Microsoft, Others

Wednesday, February 25, 2015

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

 
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Tuesday, February 24, 2015

Cray Installs Supercomputer In Poland

Tuesday, February 24, 2015

Seattle-based supercomputer maker Cray reported Tuesday that it has installed one of its Cray XC30's in Poland. Cray said that the supercomputer was sold to Stalprodukt S.A., a global steel processor, which is using the supercomputer for structural analysis modeling....

 
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Monday, February 23, 2015

Intellectual Ventures Looks To Tack On $7.5M To Symantec Award

Monday, February 23, 2015

Bellevue-based Intellectual Ventures is looking to tack on another $7.5M on top of the $17M jury award it won earlier this month from Symantec, over patents it holds in the security software area. Intellectual Ventures filed the motion in Delaware, saying it is also owned interest in the case....

 
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Itron Taps Former Western Digital CFO For Board

Monday, February 23, 2015

Liberty Lake, Washington-based smart meter maker Itron said today that it has named former Western Digital CFO Timothy Leyden to its board of directors. Leyden has been CFO of Western Digital until September of last year, when he retired....

 
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Airbiquity Expands In Japan

Monday, February 23, 2015

Seattle-based Airbiquity, which develops software used in the connected car market, said last week that it has expanded in Japan, adding three full time personnel to its office in Tokyo....

 
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Friday, February 20, 2015

Urban Airship Lands $21M

Friday, February 20, 2015

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

 
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Thursday, February 19, 2015

X5 Solutions Acquired By NewSpring Capital

Thursday, February 19, 2015

Seattle-based X5 Solutions, a provider of cloud-based software for the telecommunications industry, has been acquired by private equity firm NewSpring Capital. Financial details of the acquisition deal were not announced....

 
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IID Names Engineering VP

Thursday, February 19, 2015

Tacoma-based IID, which provides Internet threat security services and operates an industry cyberthreat data exchange, said today that it has named Michael Brown as its Vice President of Engineering....

 
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VoloMetrix Names Two Execs

Thursday, February 19, 2015

Seattle-based analytics software developer VoloMetrix announced this morning that it has appointed two new executives. According to the company, it has named Natalie McCullough as its Chief Revenue Officer, and Peter Cullen as Chief Privacy Advisor....

 
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Wednesday, February 18, 2015

Facebook Expands In Seattle, With Room For 2000 Employees

Wednesday, February 18, 2015

Facebook said today in an event in Seattle that it is moving into a new office building, with room for as many as 2,000 employees, as part of its expansion in the city....

 
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K2 Lands Massive $100M Round From Francisco Partners

Wednesday, February 18, 2015

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

 
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APImetrics Finds $500K For API Monitoring

Wednesday, February 18, 2015

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

 
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Tuesday, February 17, 2015

Prose Aims New App At Creative Writers

Tuesday, February 17, 2015

Looking to uncage your inner writer? A new, Seattle-based startup said today that it has rolled out a new app specifically aimed at helping users share their creative writing on social media, and help connect with a global audience....

 
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Friday, February 13, 2015

Lighthouse eDiscovery Raises Private Equity Funding

Friday, February 13, 2015

Seattle-based Lighthouse eDiscovery, which provides electronic discovery products to law firms, said this week that it has raised a round of private equity funding from Spire Capital. Lighthouse disclosed elsewhere that the round was worth $30M....

 
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Z2Live Acquired By King Digital For As Much As $150M

Friday, February 13, 2015

Seattle-based videogame maker Z2, known for its "Metal Storm" and other hit app titles, is being acquired by Candy Crush maker King Digital, in a deal worth up to $150M. Z2, which until recently was known as Z2Live, was venture backed by Madrona Venture Group, Draper Fisher Jurvetson, and others....

 
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ActionSprout Finds $1.7M For Nonprofit Tools

Friday, February 13, 2015

Portland-based ActionSprout, which develops tools for nonprofits who need to manage their Facebook social media outreach, has raised $1.7M in a funding round, the company said Thursday....

 
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