Boris Wertz

Venture capitalist Boris Wertz joins Andreessen Horowitz in part-time board partner role

Many in the Pacific Northwest technology scene may already be familiar with Boris Wertz, the Vancouver, B.C. super angel who started his own venture capital fund at Version One Ventures. The former AbeBooks exec is involved in a number of startup companies along the Cascadia corridor, from Seattle cosmetics upstart Julep to Vancouver fashion startup… Read More

Al Luderer

Seattle blood test startup Indi raises $47.25 million

Seattle’s life sciences industry is getting another boost. Integrated Diagnostics, a Seattle company developing blood-based proteomic tests, has raised $30.25 million in series B funding and $17 million in debt financing. Investors in the round include Baird Capital, InterWest Partners and the Wellcome Trust. The company, which operates under the name Indi, is led by… Read More

junotherapeutics

Jeff Bezos-backed Juno Therapeutics closes series A at $176M, appoints new execs

Seattle biotechnology startup Juno Therapeutics, which is developing immunotherapies for cancer, said it has closed its series A financing round at $176 million. That marks one of the largest early-stage financing rounds for a biotechnology company. Juno had previously announced $145 million in funding, including cash from ARCH Venture Partners; the Alaska Permanent Fund; Bezos… Read More

Utrip co-founder and CEO Gilad Bernstein.

Utrip raises $750K to help plan your next vacation itinerary

Planning a trip can be a stressful task, and one Seattle startup wants to use artificial intelligence and local expertise to do it for you. Utrip today launched out of beta and also announced that it has raised $750,000 in a round led by Virtuoso CEO Matthew Upchurch and New York-based CB Alliance. Utrip, founded in April 2011… Read More

cardiacdimensions

Cardiac Dimensions raises $20M to sell heart-valve repair technology

AlCardiac Dimensions, a Kirkland-based company building heart-valve repair technology, today announced a $20 million round of financing led by M. H. Carnegie & Co. and Lumira Capital. Founded in 2001, Cardiac Dimensions has developed a way to address cardiovascular conditions with its Carillon Mitral Contour System, a non-surgical device that treats a form of congestive heart failure… Read More

Act-On founder and CEO Raghu

Marketing automation startup Act-On raises $42M, sets sights on IPO

In one of the bigger tech-related fundraising rounds that the Portland area has seen over the past year, Beaverton, Ore.-based marketing automation software company Act-On today announced $42 million in new financing. Act-On builds cloud-based software that helps businesses of all sizes manage their marketing efforts across various categories from e-mails to analytics to SEO. Today’s… Read More

Jane Park

Julep raises $30M in oversubscribed round, looks to build big beauty brand

With revenues more than tripling last year and new beauty products in the works, Seattle cosmetics and e-commerce powerhouse Julep has raised $30 million in fresh funding. Azure Capital, Madrona Venture Group and Altimeter Capital participated in the round, joining existing investors Maveron and Andreessen Horowitz. Total funding in Julep — founded seven years ago… Read More

vcdeals-dollars

Mega-financing rounds push VC totals higher: $10 billion invested in 880 deals in Q1

A series of very large financing deals — including Cloudera ($900 million); TangoMe ($280 million); and Domo Technologies ($125 million) — helped propel U.S. venture capital totals to the highest level since second quarter of 2001. Investments jumped 44 percent to $10 billion, while deal activity rose five percent compared to the same quarter last… Read More

Oricula Therapeutics CEO Malcolm Gleser.

UW spin-out Oricula Therapeutics raises cash to sell medicine that prevents hearing loss

Oricula Therapeutics, a startup spun out of the University of Washington, has raised $122,000 to commercialize medicine that can help prevent hearing loss. Founded in 2013, Seattle-based Oricula grew out of research done at the UW that uncovered ways to help patients maintain good hearing after taking antibiotics for serious infections. The startup has licensed… Read More

chadrobins

More funding for cancer research in Seattle: Adaptive Biotechnologies raises $105M

Researchers from Seattle who are finding ways to eliminate cancer are bringing in some serious funding today. On the same day the Fred Hutchinson Cancer Research Center announced a $20 million donation from the family of Amazon.com CEO Jeff Bezos, Seattle-based Adaptive Biotechnologies announced a big $105 million investment. Adaptive, which had previously only raised $15 million, was… Read More

vcdeals-per1000

Study: Venture capital flows in dense urban communities that are liberal, gay and educated

What’s makes for an innovative startup hub? Researchers have been diving into that topic for years, analyzing everything from the existence of large research institutions to the importance of risk capital. Now, researcher Richard Florida, co-founder and editor at large at The Atlantic Cities, takes a deep look into the topic and finds some fascinating… Read More

Vijay Vashee

Flowboard raises $750K for iPad presentation app, names ex-PowerPoint GM as advisor

Seattle-based iPad storytelling app Flowboard today announced a new $750,000 round and an updated iPad app. Flowboard, which lets anyone create touch-enabled stories on the iPad, released version 2.0 of its app and has added editable transitions, printing, save-as-PDF capabilities and new premium templates. The startup, which launched this past April, also announced a $750,000 round with participation from several… Read More

The Indix team at the Seattle office.

Indix raises $8.5M to build a massive database for product managers

It’s been less than six months since Indix launched, but the Seattle startup is already making moves and raising more money. Indix, an intelligence platform that helps businesses analyze and visualize a vast amount of up-to-date product information, today announced that it has raised another $8.5 million of a $9 million Series A-1 round co-led by Avalon Ventures… Read More

lowellrickets

FlexMinder raises $1.2M to manage refund processes for healthcare administrators

FlexMinder, a Seattle startup that helps healthcare administrators automate the insurance claims submission process, announced a $1.2 million Series A round on Tuesday. Led by CEO Lowell Rickefs, FlexMinder aggregates the reimbursement process for healthcare flexible spending accounts, which allow employees to save money by putting pretax dollars — up to $2,500 for healthcare and $5,000… Read More

Simply Measured captures last year's Startup of the Year Award.

Social media analytics startup Simply Measured raises $20M, wants to be Seattle’s next tech titan

Simply Measured is simply on fire. Less than a year after the company took home GeekWire’s 2013 Startup of the Year award, the Seattle-based social media analytics startup is announcing a $20 million Series C round led by Trinity Ventures. CEO and co-founder Adam Schoenfeld said that the fresh funds will help the company grow its… Read More

men-money1-uglyshutterstock_171130088

Study: Ugly men have a tougher time raising venture capital

When it comes to raising cash, you’re better off looking a bit like Brad Pitt or David Beckham. A new study out from researchers at MIT, Harvard and the University of Pennsylvania indicates that men who are less physically attractive have a much harder time raising money. It also indicates that women have a harder… Read More