Welcome back to The Startup File. For those who missed the first installment, let me explain the framework of this new column. Every day, GeekWire combs the SEC filings to find out what’s new in Seattle’s burgeoning startup scene.
Oftentimes, these filings, form Ds as they’re known, lead to compelling stories that we cover frequently in the pages of GeekWire. But there are just too many to track, so we decided to launch the Startup File to share what we’re seeing.
It is worth noting that I’ve not verified or confirmed the information in the raw filings, but I’ve added extra background and context where possible, and as you’ll see below, there are always some interesting new companies to discover.
OneOcean Corp. has raised $2 million. Listed execs in the Seattle company include Robert Desautel, Donald Pickering, Shannon Smith, Jonathan Towne and Robert Bergquist. MySpace founder and former CTO Aber Whitcomb is listed as a director. The Seattle company is described as a “leader in cloud storage and data management for marine geographic information systems,” with OneOcean’s technology used to analyze complex oceanic and geophysical data. Pickering, who is serving as CEO, is the former CEO of Memetic Systems. He previously founded Altrec.com and Cosmix.
The Wonder Forge, a game and puzzle company led by Cranium’s former product development chief Jacobe Chrisman, has filed to raise $750,000 in debt financing. The five-year-old Seattle company markets “brain challenging” games under the brand I Can Do That! Games, including titles from children’s literature such as Dr. Seuss; Curious George and the works of Richard Scary.
Systematech Technical Management, a Wenatchee company founded by Daniel and Elena Pirestani, has pulled in $2.3 million of a $5 million round. The company was founded in 2007, and now operates under the name of InDemand Interpreting. It offers video remote interpreting services to hospitals and clinics. Daniel Pirestani previously worked for Best Buy, Microsoft and Northwest Telecom.
GoGoDeo, a Bellevue startup led by Gordon Mangione, has raised $1.2 million of a $1.5 million debt round. Mangione is a former corporate vice president of Citrix, Microsoft and Xensource, leading cloud development and strategy at Citrix. Full filing here.
Intersect, a Seattle company led by veteran journalist Peter Rinearson, has raised $1.7 million of a $4 million round. Rinearson confirmed that it was new cash, but he was not available for a full interview. Named as directors of the company in the filing are Dean Allen and Lawrence Wilkinson. Intersect is developing a new social networking service that allows people to share their personal stories in relation to time and geographic location, similar to Facebook’s new Timeline feature. Full filing here.
Heavily-funded Nanostring Technologies lists an offering of $649,000 related to options and warrants. The Seattle maker of genomics analysis tools raised $20 million in funding from GE, BioMed Ventures, former Genzyme CEO Henri Termeer, Clarus Ventures, Draper Fisher Jurvetson and OVP Venture last November.
CourtTrax, a Bellevue company that specializes in online court document research and retrieval, has raised $25,000 of a $150,000. The eight-year-old company is led by William Cummings, the former senior vice president of business development for Neoforma and former CEO of Pharos Technologies. In 1993, he founded Autodesk Data Publishing Group.
YAssume has raised $55,000 of a $500,000 round. Led by former Mindtree exec Rohit Mathur, the company’s new funds will be used to roll out what’s being dubbed the “world’s first touch-free collaboration platform.” “This essentially helps B2B firms build a private and secure wiki of “who knows who and how well” based on proprietary influence scoring algorithms that saves professionals time and hassle in getting warm introductions,” said Mathur. Previously on GeekWire: With ties to India and Redmond, stealthy YAssume looks to challenge Salesforce.com, others
KardioFit, a Bellevue health and fitness sweepstakes company led by Jim Miller, has raised $293,000 of a $1.4 million round. The company says it has developed a patent-pending wellness rewards program, which rewards individuals for eating well and exercising. As the company’s Web site notes: “Basically, better health could make you a millionaire!” Full filing here.
MobMixx, which is developing a service that allows bar patrons to pick music played in a venue from an iPhone app, has raised more than $20,000 of a $200,000 round. Founder Dustin Struckman pitched the concept at the Startup Conference earlier this year, and we got some video of the action. It plans to launch its first app in Apple’s App Store later this Spring.
Targeted Growth, a 12-year-old agricultural sciences company developing new methods to increase the yields on crops, both for food production and clean energy use, has raised $2 million of a $4 million debt financing round.
Lighthouse Document Technologies has raised a $2.8 million debt financing round. The Seattle company is a maker of eDiscovery products, including services that help law firms quickly pinpoint key information about cases in electronic court documents.
Transparent IO Inc., a Woodinville company led by Rob Pike, has raised $250,000 of a $1 million debt round. Pike is a former virtualization architect at Microsoft who most recently served as chief strategy officer of server virtualization at Hitachi Data Systems. Full filing here.
Centri Technology, a 3-year-old startup that helps carriers boost network performance, has raised $810,000 of a $1 million round. The company – whose directors include Dan Rosen, Merril Dean, Eric Kolstad, Wayne Wisehart, Rob Strickland and Christopher Oates –previously raised $1.6 million. Its CEO is Vaughan Emery, the former CEO of Flytrap Security. Full filing here.
Nortis, a biotechnology company led by Alan Nelson and Thomas Neumann, have raised $10,000 of a $1 million round. Both Nelson and Neumann are involved in VisionGate, a Phoenix company developing a non-invasive test for lung cancer.
Volometrix, a Seattle company led by Ryan Fuller, has raised$1.5 million. Fuller formerly worked at Bain and Company and Cognos. The company says on its Web site that it is building “analytic applications that provide timely and actionable insight into where organizational time is being invested today and how to improve corporate performance for tomorrow.” Full filing here.
Phytelligence is looking to raise up to $200,000. Led by entrepreneur Chris Leyerle, the startup says it is developing provides better seedlings for commercial growers with superior viability, vitality, size, yield, consistency and robustness.
Got a tip on a new startup, financing or anything else for that matter, email us at firstname.lastname@example.org. Money file cabinet photo via Bigstock.