Cameron Borumand, a Seattle venture capitalist and co-founder of the new venture fund Curious Capital, has joined Ignition Partners as an investment associate in the firm’s Bellevue, Wash., headquarters.
Borumand told GeekWire in an email that he made the switch for personal reasons and primarily because of the work he would be able to do at Ignition.
“Personally, it was an opportunity to join a great team here at Ignition and invest in B2B software companies — a sector I wanted to focus on,” he said.
Dumont said he supported Borumand’s move but also noted that starting a new fund is challenging.
“It’s not easy starting a venture fund and the timeline to income can often be quite long,” Dumont said via email, “but I support his decision and he’s moving into a secondary role with the fund.”
Curious Capital, which is focusing on very early-stage investments in software companies, has invested in seven startups so far. Dumont said he will continue to run the firm and seek new investments.
Borumand will continue to support the companies in the fund’s portfolio and said he “fully supports” Dumont going forward.
The move also comes just two months after high-profile investor Frank Artale was forced to resign from Ignition following allegations of misconduct.
Dumont said Chung “brings a great consumer mind to our fund in a part-time capacity. He’s also based in NY, but grew up in Seattle, has family and an apartment here and very much believes in the ecosystem.”
Chung will “act as a part-time partner, helping us set strategy for the firm and evaluate all investment decisions,” he said.
— Vacasa, the Portland, Ore.,-based vacation rentals company, announced that former Expedia executive and current Nordstrom SVP of Technology Brian Gill has been appointed to the company’s board of directors.
Gill spent nine years at Expedia, most recently working as the company’s VP of technology. He then spent almost three years as the CTO and chief scientist at Hotwire before joining Nordstrom in April. He now leads the 500 plus employees who make up Nordstrom’s technology team.
“As a global brand about to enter a new stage of technology-driven growth, we’re excited to add Brian’s experience and perspective to our board,” Vacasa founder and CEO Eric Breon said in a press release. “The leadership and experience he brings to Vacasa will guide our growth as we continue to leverage technology to provide best-in-class experiences for our homeowners, guests and employees.”
Founded in 2009, Vacasa offers full management — including marketing, listing and maintenance — of vacation rentals in the U.S. and Central and South America. Its properties are also listed on services like AirBnB and TripAdvisor.
Smith spent the last two years at sales engagement platform Outreach, before which he spent two years as an engineer and architect at AWS and Amazon Home Services. He’s also the co-founder of San Diego-based TakeLessons, an ed-tech startup where he served as VP of technology for seven years.
“Chuck will continue to build and lead Textio’s engineering organization, including both data engineering and the core engineering stack that Textio’s service and user experience are built on,” Textio CEO Kieran Snyder said in a press release. “With his background as a former founder, his technical depth in services architecture, and his experience heading up engineering in other great SaaS startup environments, Chuck is the perfect person to build out Textio’s engineering team as we continue to scale our augmented writing platform to all kinds of writing.”
Satterfield first joined Textio as its senior designer in 2015 and helped build the company’s augmented writing platform. Before that, he spent 15 years as a program manager and designer at Microsoft, helping build user interface elements in dozens of Microsoft products.
Satterfield will now take charge of the product and design teams driving Textio’s augmented writing user experience.
“I came to Textio with the goal of defining a new category of software, that we now call augmented writing,” Satterfield said in the release. “One of the highlights of my job is listening to passionate customers describe all the new ways Textio could help with other types of writing beyond job posts. As a product and design leader, my goal is to take these insights and create a product that provides trustworthy advice, backed by rigorous data, that writers come to depend on to communicate as successfully as possible in their own voice.”
— HomeStreeet, Inc., parent company of HomeStreet Bank, has appointed Mark Ruh as EVP and CFO. Ruh had been serving as the company’s interim CFO and will relocate from the Bay Area to Seattle to take on the role permanently.
Ruh has a 20 year history of leadership in the financial world, including stints at Ernst and Young, American Partners Bank and most recently Commerce Street Investment Bank in San Diego.
HomeStreet offers a variety of financial services relavent to the tech industry, including commercial real estate and investment and insurance services.