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Venture capital investments surge 73% in the Pacific NW

Cash was flowing to startup companies during the second quarter in the Pacific Northwest as venture capitalists pumped $410 million into 40 deals, including fast-growing companies such as ExtraHop Networks, Puppet Labs, Igneous Systems, Smartsheet.com and Avvo. That was a 73 percent uptick from the same period last year in which venture capitalists invested $237… Read More

Lee Brown, Peter Hamilton and Lucas Brown of Tune

Mobile marketing startup HasOffers rebrands to Tune

One of Seattle’s fastest-growing startup companies has a new name. HasOffers announced today that it’s taking on the new corporate moniker of Tune. The company will continue to operate HasOffers and MobileAppTracking as products of Tune. The announcement was made today at the company’s Postback Conference in Seattle. “We’ve known for a couple of years… Read More

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Suck it, Colbert: Amazon still top U.S. brand despite PR blip

The Colbert effect may not take as much of a toll on the teflon coating of Amazon.com as you might think. Despite a concerted attack by the legendary late night comedian over Amazon’s antics with book publisher Hachette, Amazon retained the top ranking among U.S. brands, according to the YouGov BrandIndex report. The report placed… Read More

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Ex-Amazon engineers raise $8.5M to help retailers set dynamic pricing

Boomerang Commerce, a Santa Clara, Calif. startup led by former Amazon.com engineers Guru Hariharan and Madhusudhan Rao, has raised $8.5 million in series A financing from Trinity Ventures and Madrona Venture Group. The company also is officially unveiling its first product today, a new Dynamic Price Optimizer that’s designed to help online retailers dynamically set… Read More

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Realogy buying ZipRealty for $166 million, a valuation that could give Redfin pause

Realogy Holdings, which operates brands such as Coldwell Banker, Century 21, ERA and Sotheby’s International, is adding another one to its lineup. Madison, New Jersey-based Realogy today announced that it has entered into an agreement to buy publicly-traded ZipRealty for $6.75 per share in an all-cash deal valued at $166 million. “The acquisition of ZipRealty… Read More

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18-year-old Seattle retailer OnlineShoes.com finds a buyer, merges with ShoeMe

OnlineShoes.com, a Seattle online retailer of footwear that got its start in 1996 a year after Amazon.com emerged on the scene, has been acquired by Canadian entrepreneur Roger Hardy. Hardy Capital Corp. is buying the online retailer for an undisclosed sum, joining with a group of Canadian investors. They’ve also purchased Vancouver, B.C.-based ShoeMe.ca, with… Read More

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Former F5 Networks and Isilon technology executive Brett Helsel passes away at the age of 54

Brett Helsel, who played a key role in shaping the Seattle technology community through senior engineering roles at F5 Networks and Isilon Systems, died last week after suffering a cardiac arrest while paddle boarding on Lake Washington. He was 54. Three teenage girls recovered Helsel from the water, administered CPR and called 911. Helsel was… Read More

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The best darn rooftop tailgate party in soccer: Grab your tickets today for GeekWire Sounders Day!

Soccer. Suds. Sounders. It doesn’t get much better than this! Yep, GeekWire Sounders Day is back! Soccer geeks from across the Pacific Northwest will once again congregate on the amazing rooftop deck of EMC/Isilon for an epic tailgate party before the August 20th match against the San Jose Earthquakes. That’s right. This year’s event is… Read More

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Supercomputer maker Cray lands $174M contract to help protect U.S. nuclear stockpile

Shares of supercomputer maker Cray Inc. soared more than 13 percent Thursday after the Seattle company announced that it had won a $174 million contract with the National Nuclear Security Administration. It is one of the company’s largest contracts, and follows a $54 million deal that Cray just landed last month with the Korea Meteorological… Read More

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Expedia buys Australian travel firm for $658M, tamps down ‘inaccurate’ eLong rumors

Expedia is making waves overseas. The Bellevue-based online travel giant announced Monday morning that it plans to buy Australian online travel company Wotif.com for $658 million in cash. Wotif Group operates online travel brands in the Asia-Pacific such as Wotif.com, lastminute.com.au, travel.com.au, Asia Web Direct, LateStays.com, GoDo.com.au and Arnold Travel Technology. Wotif Group recorded $555… Read More

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Charts: The growth of venture capital in the Pacific NW

The Pacific Northwest may be home to Microsoft, Expedia and Amazon.com. But the region’s startup ecosystem is growing in size, according to a report released today by CB Insights. “Over the past five years, total funding to the Pac-NW has doubled, seed funding has grown, and top tech acquirers have been actively buying in the… Read More

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IPO market for venture-backed companies remains strong, but M&A deals slow

It’s still a good time to go public. Twenty-eight venture-backed companies completed initial public offerings during the second quarter, raising $4.9 billion. That was a 45 percent increase in dollars raised compared to the previous quarter, according to an analysis by Thomson Reuters and the National Venture Capital Association. It was the fifth consecutive quarter… Read More

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Men’s clothing retailer Bonobos raises $55M from Nordstrom and others to open ‘Guideshops’

Bonobos started in 2007, selling flashy men’s apparel online. Now, the New York-based company has scored $55 million in fresh capital — including money from Coppel Capital, Mousse Partners and Nordstrom — to expand the brand in the physical retail world. The money-losing company plans to open about 30 new stores in the next two years, adding… Read More

A photo of Errol Samuelson.

Judge rules against Zillow, newly-appointed exec Errol Samuelson barred from performing many duties

Washington state Superior Court Judge Barbara Linde has granted a preliminary injunction against Zillow and its newly-hired chief industry development officer Errol Samuelson, a legal victory that comes four months after he jumped from an executive role at Move Inc. to Zillow. Samuelson and Zillow were sued shortly after his appointment in March, with Move alleging that… Read More