Avado lands $1M to transform healthcare in the same way Mint upended personal finance

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Avado has reeled in $1 million in seed funding, money that the company will use to continue to eradicate paper-based inefficiencies in the healthcare industry and make it easier for patients to connect with health care providers. Founded by former Microsofties Dave Chase, Avado plans to announce the funding today at the HIMSS conference in New… Read More…

Andreessen Horowitz, Jay-Z’s VC firm invest $10M in cosmetics startup Julep

Julep founder Jane Park

Julep founder Jane Park pauses near the end of our interview, and just lays it out straight when it comes to her recent venture capital fundraising efforts. “There’s nothing like talking to a roomful of men about nail polish,” says Park with a laugh. Obviously, the men were paying close attention to Park, who is… Read More…

Seattle super angels sink cash in shopping app Zoomingo

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Some of Seattle’s top angel investors are tossing their support behind Zoomingo, the mobile shopping application developed by serial entrepreneur Shirish Nadkarni. Investing in the new round are former Facebook general counsel Rudy Gadre, former Smilebox CEO Andrew Wright and former Twango CEO Serena Glover. Total funding in Zoomingo, which raised $1.3 million from Benaroya… Read More…

Blaze Bioscience raises $8.5M to help surgeons pinpoint cancer cells with ‘tumor paint’

Jim Olson

Seattle biotechnology startup Blaze Bioscience has raised $8.5 million to continue developing technologies that  are designed to help surgeons more easily identify cancer cells in the body. Total funding in the company, with operations in the South Lake Union area of Seattle, now stands at $9.8 million. Blaze said that the money came from individual… Read More…

Startup nightmares: Help, my VC won’t re-invest

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I recently met with two very experienced CEO’s who ran into the one of the most challenging startup situations: their current venture capital investors would not re-invest in an upcoming round of financing.  Both CEO’s had previously attracted financing from venture capital firms. After several years of operations, the CEO’s knew that additional financing was… Read More…

This startup just raised $1M for an algorithm to help employers fill engineering jobs

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Everywhere you go in the tech industry these days companies are struggling to find smart engineers, designers and developers. Enter Group Talent. This Seattle/San Fran/NYC startup, which just scored $1 million in seed funding, has developed a matching engine that’s designed to pinpoint the perfect fit for your engineering jobs. Since Valentine’s Day is in… Read More…

Madrona backs Mobilewalla, team relocates to Seattle

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Mobile analytics startup Mobilewalla has raised $4 million in new funding, including a cash infusion from Madrona Venture Group and several angel investors. As a result of the financing, the founding team behind Mobilewalla are relocating to Seattle, setting up temporary offices in the venture capital firm’s downtown Seattle offices. A spokeswoman for Madrona describes… Read More…

Startup valuations remained red hot in 2012, but are things cooling?

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Even though venture capital investing fell last year on a national basis, it still remained a good time to raise cash when considering startup valuations. At least that’s the latest from a report by law firm Wilson Sonsini Goodrich & Rosati, which analyzed valuations of deals in which it played a role as counsel either to… Read More…

Innovative Pulmonary changes name, raises $10M and moves to Minnesota

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Innovative Pulmonary Solutions has a new name, a new round of cash and a new headquarters. The medical device company announced today that it has changed its name to Holaira and opened a new headquarters in Plymouth, Minnesota. It also raised $10 million from existing investors, including Advanced Technology Ventures, Morgenthaler Ventures, Split Rock Partners, and… Read More…

Startup tries new approach to dating: Let your avatars get to know each other first

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Anomo is a new Seattle mobile startup that’s looking to solve an age-old dilemma: How do you find that special someone? The company, which recently landed a $255,000 seed round from Kiss.com founder Lee Zehrer; Pirq CEO James Sun and Microsoft vice president Amit Mital, has a unique approach to matchmaking. It forces everyone to… Read More…