Jeff Bezos-backed Workday soars in IPO, now valued more than rival Concur

Workday, a Pleasanton, California-based company that specializes in cloud-based payroll, financial management and employee expense management, is soaring in its initial public offering today. The company, which priced the IPO at $28 under the ticker WDAY, is now trading around $47 per share. The competitor to Redmond-based Concur Technologies is backed by co-founder Jeff… Read More


Tech Moves: Expedia tech vet joins Varolii; EveryMove names marketing chief; NanoString hires CFO; and more

Varolii has named Sunil Shah as vice president of engineering and Patrick Chaney as vice president of professional services. Shah is an Expedia veteran who most recently served as the vice president of engineering at DataSphere Technologies. He previously worked in engineering executive roles at TravelPost, a hotel review site, and Disney Interactive Media Group. At Expedia, where he spent 11… Read More


Concur unveils Trip Maximizer to help sales professionals find prospects

Redmond-based Concur is best known for helping business travelers manage travel and entertainment expenses.  Now, with the addition of Trip Maximizer, the company is looking to go a step further, helping sales professionals locate and communicate with clients. Here’s how the new Trip Maximizer service works: The user inputs their initial travel plans into the Salesforce… Read More


Shares of Concur fall despite revenues increasing 26%

Shares of Concur are down more than five percent in trading today despite the fact that the company beat its expectations for revenue, cash flow and other financial metrics during its fiscal third quarter. “Our core business continues to perform ahead of our expectations across all geographies and channels,” said CEO Steve Singh in a statement…. Read More


Blucora to move HQ to new Bellevue location

There’s a bit of shuffling going on in downtown Bellevue. High-tech clients are moving around the city, with Blucora (formerly InfoSpace) announcing today that it plans to moves it corporate headquarters to 36,763 square feet of space in the Plaza Center building at 10900 NE 8th Street. That’s a stone’s throw from the company’s current office… Read More


Motricity to terminate lease at downtown Bellevue HQ

Motricity, the mobile software company, has entered into a lease termination agreement for the 8th, 9th and 10th floors at its Bellevue headquarters, a SEC filing revealed today. The struggling company plans to give up the 8th floor space at 601 108th Avenue Northeast at the end of this year, with the 9th and 10th… Read More


Firm files protest over Concur’s $1.4B government contract, dubs it an unfair 15-year monopoly

Shares of Concur Technologies soared earlier this month after the Redmond company was awarded a $1.4 billion contract to provide travel and entertainment expense management services to the government, with CEO Steve Singh saying at the time that they were “thrilled” with the decision. But not everyone is happy about it. In a protest filed June… Read More


Big score for Bellevue: Concur to relocate HQ from Redmond

Concur, one of Seattle’s largest technology companies, is leaving its longtime home of Redmond for downtown Bellevue. The maker of travel and entertainment expense management software has secured a lease for 122,742 square-feet at 601 108th Avenue Northeast in the Key Center building, according to a SEC filing today. The company has outgrown its current space in… Read More


Concur’s stock soars after landing huge government contract

Shares of Concur Technologies jumped nearly seven percent in heavy trading Monday after the Redmond maker of travel and entertainment expense management software announced a long-term deal with the U.S. General Services Administration. As part of the deal, Concur will manage online bookings, travel authorizations and vouchers across various U.S. government agencies. The contract has a… Read More


Shares of Concur rise after revenues beat expectations

Concur, the Redmond maker of travel and entertainment expense management software, today reported a 28 percent increase in revenue, to $108.4 million, for its fiscal second quarter ended March 31. Non-GAAP net income came in at $18.5 million. CEO Steve Singh called the results “exceptionally strong,” leading the company to raise its outlook for revenue and… Read More


Watch my dog help me make the picks for the WTIA awards

We’ve already made it through Oscar season, and now we’re gearing up for March Madness. But before we get there, I’ve got one piece of business to take care of. The Washington Technology Industry Association is celebrating its 17th annual Industry Achievement Awards on Thursday night at the Showbox Sodo. As in years past, I’ve… Read More

Photo via Bigstock

Chart: Who pays the most in Seattle for software engineers

Steve Ballmer was right. It’s all about developers, developers, developers these days. In fact, the market is so hot that companies like, Twitter and Facebook are doing “acqui-hires” — like the one today of TeachStreet — just to gobble up key engineering talent. But that’s not really the norm, and most tech companies are… Read More


Concur posts $84.6M in revenue, swings to loss on TripIt buy

Concur Technologies swung to a net loss during its second quarter largely due to its acquisition of TripIt. The Redmond maker of travel and entertainment expense management software reported a $2.6 million loss, which compared to net income of $6.7 million for same period last year. It posted revenue of $84.6 million for the quarter, a 16… Read More


Concur continues online travel expansion, invests $40 million in India’s equivalent of Kayak

Concur Technologies has been on a bit of a buying binge lately, gobbling up mobile travel planning service TripIt and Europe’s Etap-On-Line. Now, the company is making a big push into India, announcing a $40 million investment in online travel portal Cleartrip. Cleartrip essentially is India’s version of Kayak. Backed by the likes of Kleiner… Read More

Rajeev Singh

Concur’s Rajeev Singh on the ups and downs of entrepreneurship

In the latest interview on Mixergy, Concur president Rajeev Singh explains how the Redmond maker of travel and entertainment expense management software transitioned from a germ of an idea in 1993 to a $3 billion company today. I’ve become a big fan of Andrew Warner’s interviews on Mixergy, and love when he features Seattle entrepreneurs…. Read More