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Venture capitalists invest $8.1B in Q3, IPO market surges with 25 pricings

Venture capitalists continue to find solid opportunities, despite big regulatory changes that could eventually alter the way startup companies raise money. In the third quarter, VCs pumped $8.1 billion into 806 deals, an uptick in dollars invested compared to the previous quarter and the same period last year. The number of deals, however, declined slightly,… Read More

Oren Etzioni

Going beyond Siri and Watson: Microsoft co-founder Paul Allen taps Oren Etzioni to lead new Artificial Intelligence Institute

Perhaps no one has been more synonymous with the startup ethos at the University of Washington than computer science professor Oren Etzioni, a mainstay on campus for more than two decades and an inspiration for budding entrepreneurs in academia. An expert in search, data mining and machine learning, Etzioni’s technologies have formed the basis of startup… Read More

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BuildersCloud raises $1.1M from super angels Dave McClure, Rudy Gadre, others

BuildersCloud, a Bellevue company that helps construction companies share files and mobile collaboration for construction professionals, has raised $1.1 million in funding from a group of angels that includes 500 Startups founder Dave McClure, former Amazon.com and Facebook exec Rudy Gadre, Isilon co-founder Sujal Patel and others. Construction giant McKinstry also participated, alongside Denny Hill… Read More

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VC returns are improving, but they still aren’t beating the public markets in many instances

Here’s the good news: Venture capital returns are on the rebound across many time horizons. Now, here’s the bad news. You’d still have made more money investing in the public markets. That’s the latest takeaway from the Cambridge Associates U.S. Venture Capital Index, released today by the National Venture Capital Association. “The surge of the public markets in… Read More

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Tech M&A slows in Q2, volumes now at 4-year low

Technology companies aren’t buying up other companies with as much vigor as they once did, but things may change in the second half of the year, according to a new report out today from PricewaterhouseCoopers. “Technology companies face the constant conundrum of a need to balance key investment initiatives while navigating fears of future downturns… Read More

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How youth sports made me a better startup founder

A few recent conversations have turned towards youth sports participation and the valuable life lessons they provide.  One in particular stood out to me – youth sports participation is one of the best training grounds for a startup founder. How would I know?  I was a competitive athlete pretty much since the time I could… Read More

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Seattle angels invest in mobile marketing startup Sparq

A group of prominent Seattle angel investors are putting some of their cash behind Sparq, the mobile marketing upstart which operates under the name MYSKYNET. Backers in the $651,000 angel round include former Facebook general counsel Rudy Gadre; aQunative co-founder Mike Galgon; and investor Chris Ackerley. The company, led by former Expedia and Microsoft engineer Jesse Chor,… Read More

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Ballmer, Myhrvold make Top 100 list recognizing CEOs impacting science, tech education

Two Washington CEOs — and former Microsoft colleagues — made a Top 100 CEO list for executives that were recognized for making a difference in science, technology, engineering and math (STEM) industries and education. Microsoft CEO Steve Ballmer and Intellectual Ventures CEO Nathan Myrhvold made the list, which was compiled by STEMconnector “to salute and celebrate an… Read More

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USA Today owner Gannett to buy KING parent Belo for $1.5B

Big acquisition in the media world this morning: Belo Corp., the parent company of television stations including Seattle’s KING-TV, has agreed to be acquired by USA Today owner Gannett Co. for $1.5 billion in cash. The deal will add 20 television stations to Gannett’s portfolio, nearly doubling the Virginia-based company’s TV holdings. Belo, based in… Read More

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Cadence receives $1 million defense grant to get wounded soldiers walking again

Cadence Biomedical CEO Brian Glaister certainly is having a good week. In addition to being recognized at the Technology Alliance’s annual luncheon on Wednesday, the Seattle entrepreneur also announced that his company’s Kickstart Walking System has received a $1 million grant from the Department of Defense. Kickstart is an innovative device which helps those who’ve… Read More

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INRIX reacts quickly to I-5 bridge collapse, says traffic delays minimal right now

One Seattle area tech company jumped into action shortly after a portion of Interstate 5 bridge spanning the Skagit River collapsed Thursday night. Within minutes, Kirkland-based INRIX had received notifications from the Washington Department of Transportation of the collapse and had put an operations team in place to update its traffic navigation apps and services…. Read More

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Geek Humor: Jon Stewart rips Apple and U.S. Senators

This is absolutely hilarious. Comedian Jon Stewart rips into iPhone-loving U.S. Senators who were fawning over Apple CEO Tim Cook during his recent testimony on Capitol Hill. “Apparently there is nothing Apple can do to get us mad at them,” Stewart notes. “We could find out they’re using kitten hearts to power iPhones and we’d… Read More

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UW’s Ed Lazowska: ‘Washington is the ass end of the donkey in just about every aspect of education’

The incredible talent that the University of Washington pumps out every year was on display during Tuesday’s Seattle Tech Meetup, as five startups with UW ties gave five-minute pitches to the crowd at the Paul G. Allen Center for Computer Science and Engineering. But unfortunately for the state, the UW is one of the few bright spots… Read More

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Paul Allen procures V-2 rocket for aircraft museum

Microsoft co-founder Paul Allen is selling some of his abstract art, and buying a historic rocket. The eclectic Seattle billionaire has procured a rare Werner von Braun designed V-2 rocket, the first man-made object to fly into outer space. Allen’s Flying Heritage Collection — located at Paine Field in Everett — is taking possession of the rocket on… Read More