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From flu finders to sauerkraut: Meet the winning teams from the UW biz plan competition

Innovation was on full display Thursday night as leaders from the technology community gathered for the 17th annual University of Washington Business Plan Competition. What started months ago with nearly 100 business plans from 10 colleges and universities, ended with one top-prize winner walking away with a big $25,000 check. That prize went to Projected… Read More

Stephen Purpura

Context Relevant lands $21M, looks to bring ‘big data’ to Wall Street

Context Relevant CEO Stephen Purpura can’t tell you the Wall Street firms that are buying up his company’s predictive analytics software. Too much money is at stake. That’s because the big data offerings developed by Purpura’s 26-month-old Seattle startup have already become a serious competitive advantage in the financial services arena, and most of the… Read More

Brent Wittke of Connect Consignment

9Mile Labs: Here are the 9 startups emerging from Seattle’s B2B incubator

9Mile Labs graduated nine new startup companies on Friday, showcasing a wide-range of new technologies from the Seattle business-to-business incubator. The nine companies completed a 4-month program, exchanging up to eight percent in equity for $35,000 in cash and intense mentorship sessions with more than 100 entrepreneurs and industry experts. It marked the second cohort… Read More

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Is online real estate still broken? New upstarts look to carve paths against established giants

Online real estate powerhouses like Redfin, Trulia and Zillow have been around for years, building multi-million dollar businesses in a category that Redfin CEO Glenn Kelman once famously described as the “most screwed up industry in America.” Well, based on the recent startup activity in the online real estate arena, things must still be mucked… Read More

stethio11

Smartphone stethoscope startup led by 15-year-old wins First Look Forum

Hanging out on Jimmy Fallon’s show one week, a first-place finish at a pitch competition the next — things are rolling for the folks at StratoScientific. Led by 15-year-old CEO Suman Mulumudi and his father, Mahesh, StratoScientific won first place at Wednesday’s WTIA Spring First Look Forum. The new startup is developing two medical products: The Steth… Read More

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MovingWorlds raises cash, looks to connect volunteers with non-profits

MovingWorlds, the Seattle-based company which offers to connect skilled volunteers with non-profit organizations, social enterprises and startups around the world, has raised a seed investment round to help propel it towards a public release of its platform. The company raised $375,000 from investors including the Seattle Impact Investing network and Investors Circle. According to MovingWorlds… Read More

Matt Williams

Ex-Digg CEO raises $3.5M from Jeff Bezos, Andreessen Horowitz and others for Pro.com, giving you price estimates for home projects

There’s a new online home improvement startup in town, and this one comes with an experienced tech executive at the helm and some serious deep-pocketed investors. Former Digg CEO Matt Williams, who ran Seattle-based LiveBid.com from 1996 to 1999, when it was acquired by Amazon.com, has formed a new startup company by the name of… Read More

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Watch this 15-year-old Seattle entrepreneur pitch an amazing iPhone-enabled stethoscope to Jimmy Fallon

Check this out. 15-year-old Seattle inventor Suman Mulumudi recently appeared on The Tonight Show with Jimmy Fallon, showcasing his new Steth IO iPhone-enabled stethoscope. The son of a cardiologist even gave the late night comedian a heart check, to which Fallon replied: “Did that sound alright? Maybe I am a devil baby.” Fallon calls the Steth… Read More

Matthew Schiltz

Tech industry vet Matthew Schiltz named CEO of Blue Box

Matthew Schiltz has been named CEO of cloud hosting startup Blue Box, assuming the duties from founder Jesse Proudman who is moving to the role of CTO. Schiltz is well known in the Seattle technology community, in part because he’s served as CEO of so many companies in the past 15 years.  Among the companies he’s… Read More

Liz Pearce

LiquidPlanner raises $8M, relishing role as underdog in online project management

LiquidPlanner faces no shortage of competition in the online project management arena. Rivals Clarizen and AtTask have raised more than $50 million to date. And, earlier this week, Bellevue-based Smartsheet pulled in $35 million, at triple the valuation of an earlier round, bringing total funding to $70 million. Despite those deep-pocketed competitors, LiquidPlanner keeps chugging… Read More

Kiran Bhageshpur

Stealthy data center infrastructure startup Igneous Systems raises $23.6M series A from NEA, Madrona and others

Igneous Systems has been operating in stealth mode since the company was formed with a $3 million seed round last fall. And not much is going to change now that a huge $23.6 million series A financing has arrived from New Enterprise Associates, Madrona Venture Group, Redpoint Ventures and Isilon co-founder Sujal Patel — a round… Read More

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Shrinkage: Number of VC professionals plummets 60% in past 10 years, funds decline 25%

The venture capital business — which many have proclaimed is fundamentally broken — continues to contract amid changes in how capital is deployed to startup companies. The latest evidence comes via the National Venture Capital Association’s annual Yearbook, which shows a 25 percent drop over the past 10 years in the number of venture funds…. Read More

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ComiXology investor Columbia Pacific announces $100M late-stage tech fund

There’s a little more money floating around for later-stage technology companies in the Pacific Northwest. Seattle-based Columbia Pacific today is formally announcing a $100 million fund, led by two long-time technology investors, former investment director at Intel Capital Jeff Schrock and former Comerica Bank vice president Kevin Barber. To date, the fund — which was formed… Read More

Aaron Goldfeder

EnergySavvy raises $7M to help utilities roll out energy efficiency programs

EnergySavvy has reeled in $7 million in venture financing, cash that the Seattle company will us to continue to market its software to utilities across the country. The deal was led by San Francisco’s Prelude Ventures, with existing investors also participating. EnergySavvy’s online tools help utilities operate energy-efficiency programs, with customers such as Puget Sound… Read More