Concur CEO Steve Singh punctures lung in bike accident, misses big Fusion client event

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Concur CEO Steve Singh suffered a punctured lung and other injuries in a bike accident in Hawaii this past weekend, causing the technology executive to miss the company’s big Fusion client and partner event taking place in Las Vegas this week. In a message to GeekWire, Singh said that he was on Spring Break with… Read More…

Newsmakers 2012: Steve Singh guides Concur to new heights

Concur CEO Steve Singh

Concur Technologies doesn’t get as much attention as its publicly-traded Seattle area counterparts. After all, filling out travel and entertainment expense reports typically ranks right behind going to the dentist. But Concur’s technology, which helps automate expenses at hundreds of companies throughout the world, is getting some serious traction as it enters its 20th year… Read More…

Microsoft’s ‘demoralizing’ stack ranking system; and other comments of the week

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The 4th of July brought another beautiful patriotic display over Seattle’s South Lake Union. But those weren’t the only fireworks going on in the city. Microsoft’s employee ranking system (and the company itself) came under direct fire after Kurt Eichenwald, a two-time winner of the prestigious George Polk Award, penned an article for Vanity Fair titled… Read More…

Newly-formed W Fund to pump $20M into university spinouts

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Washington’s startup community is getting yet another shot in the arm, thanks to the efforts of a newly-formed venture capital firm whose goal is to mine universities and research institutions for the state’s very best business ideas. The University of Washington’s W Fund is launching today with about $20 million from private industry, leading venture… Read More…

Shares of Concur rise after revenues beat expectations

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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…