RFID company Impinj cancels IPO plans, raises $21 million

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Impinj has raised an additional $21 million in venture capital financing, money that president and CEO William T. Colleran said will allow it to better serve customers “in the dynamic RFID market.” The Seattle company simultaneously withdrew its IPO filing with the SEC, cutting short plans to go public. Impinj had first filed to go public… Read More…

IPOs, startups and market volatility: How do you make sense of what’s going on?

Could Silicon Valley use some Pepto?

The wild ups and downs of the stock market this week would be enough to send most sane investors to the medicine cabinet for a strong dose of Pepto-Bismol. But, as the gyrations shake confidence in the markets, I can’t help but think of Impinj. After all, how would you like to be a company… Read More…

The 14 hottest startups in Seattle (at least in the view of Business Insider)

Does anyone want to move to Seattle? (Schlosser photo)

We’ve been talking a lot about the lack of investment dollars flowing to entrepreneurial ventures in the Seattle area. But let’s not forget all of the good stuff going on. A post today from Business Insider and a comment on GeekWire from Founder’s Co-op director Andy Sack brought that message home. It has been a… Read More…

What’s that sound? It might be the IPO pipeline filling up

(Flickr photo via Rennett Stowe)

We’ve finally seen a bit of activity on the IPO front in Seattle, with both Impinj and Zillow.com filing for public offerings late last month. As it turns out, they are not alone. The first quarter ended with 125 companies in the IPO pipeline, a significant uptick compared to the 80 companies registered for the… Read More…

Zillow, Impinj and why Seattle needs a new crop of IPOs

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It has been a big week in Seattle tech circles as two companies (Zillow.com and Impinj) filed for initial public offerings, a rare event that I can’t even recall occurring during the dot-com boom years. It is always kind of exciting when a company takes the IPO plunge, moving from that quirky adolescent phase to… Read More…