Ignition bankrolls Ratify to help corporations view network data in one spot

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Ratify, a Bellevue startup that’s developing technologies to allow corporations to view network data in one place, has landed $2 million in venture funding from Ignition Partners and Jafco Ventures, according to a SEC filing. The company is led by former Microsoft Vice President Kurt Kolb, who previously led the software giant’s worldwide OEM licensing, anti-piracy… Read More…

Best of Startup Day: Sunny Gupta’s lessons on raising venture capital

Sunny Gupta, CEO and Co-Founder of Apptio

We’re continuing our build-up to GeekWire Startup Day — taking place Sept. 22 at Meydenbauer Center in Bellevue— with videos from some of the notable presenters from past years. Today, we’re going back into the archive to 2010, featuring Apptio’s Sunny Gupta and his insights on what it takes to raise venture capital. Gupta is a pro… Read More…

Startup Spotlight: MyScenicDrives connects drivers with perfect trips

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Gas prices may be skyrocketing, but there’s nothing our family likes better than a good road trip. But where to go when the sun shines in Seattle, Santa Cruz or Salem? Eric Theriault has an answer to that question. The 33-year-old founder of MyScenicDrives.com wants to help road warriors find those classic drives, whether it’s the… Read More…

Fast-growing Apptio hires former RealNetworks CEO Kimball to lead operations

Bob Kimball (RealNetworks photo)

Apptio, fresh off a $50 million funding round, has hired former Real Networks CEO Bob Kimball as its new executive vice president of operations and corporate development, GeekWire has learned. It’s a high-profile hire, and another hint that Apptio CEO Sunny Gupta is prepping the company for a possible IPO. The Bellevue-based company hasn’t yet publicly… Read More…

Geek of the Week: Apptio’s Bruce Henry, from nuclear physics to enterprise software

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 Bruce Henry has worked for years in the technology industry, currently at Seattle’s Apptio, where he describes himself as a “process and organizational change ninja.” But he didn’t start out in the software industry. His degrees are in physics. It’s an unusual transition, but it was his ownership of a propeller beanie that truly sealed… Read More…

Washington state ranks 5th in venture capital investments

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Washington state is once again climbing into the top echelon when it comes to venture capital investing, ranking fifth in the dollars invested and sixth in deals, according to a report out today from DowJones Venture Source. Twenty seven companies in the state attracted $164 million during the quarter, ranking behind New York, Texas, Massachusetts… Read More…

Apptio raises $50M in new funding, led by T. Rowe Price

Sunny Gupta interviewed at 2011 the Seattle 2.0 Awards

Apptio, moving further down the path toward a possible IPO, today announced a $50 million funding round led by T. Rowe Price — a significant injection of capital for the Seattle-area company and one of the largest venture capital financings in the Pacific Northwest in the past five years. The company, which offers on-demand software… Read More…

Here are 5 tech companies from Seattle that could take the IPO plunge in 2012

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The world may be waiting on a Facebook IPO. And while there’s some chatter about whether the $5 billion public offering from the social networking giant will open the floodgates for tech offerings, The Wall Street Journal today notes that it might be a new breed that actually woos Wall Street: enterprise IT companies. That’s… Read More…

Struggling to find engineers in Seattle, Apptio sets up shop in North Carolina

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Bellevue-based Apptio is growing fast, so fast in fact that it can’t find enough software engineers in the Seattle area.  So, the company — which helps CIOs better manage and analyze IT costs — is establishing a new beachhead in the Raleigh-Durham area of North Carolina. The company leased the offices in May, but just… Read More…

Inrix CEO: Seattle tech scene gets solid A (with one exception)

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Inrix CEO Bryan Mistele knows just how hard it is to raise venture capital. Before the company grew to more than 275 employees, the entrepreneur said that he pitched the concept to 70 venture capitalists. All of them said no. Mistele recalled that story today during one of the most informative panels at the WTIA’s… Read More…