Bill Conroy
Private Equity Firm Acquires Majority Stake in Seattle-based Lighthouse
Deal sets tech company up for further growth and acquisitions, Lighthouse CEO says
Lightyear Capital LLC, a New York private equity firm, has acquired a controlling interest in Seattle based Lighthouse, which provides software solutions that help legal and compliance teams manage enterprise data and the electronic-discovery process. Terms of the deal were not disclosed. Lightyears announcement states that investment funds affiliated with Lightyear have acquired a controlling…
Bellevue Enterprise Software Firm Zenoti Hauls in $50M in New Funding
Company plans to double employment in the Seattle area and expand its global market reach
Bellevue-based Zenoti, a fast-growing provider of cloud-based enterprise software services to the beauty and wellness industry, has announced it has closed a $50 million funding round that will be used to propel the companys expansion in Seattle and globally. With the recent funding round, led by Tiger Global Management with participation from Norwest Venture Partners…
Bellevue Area Dominates Downtown Seattle in Big Leasing Deals
The submarket accounted for 74 percent of the space leased in large deals in first-quarter 2019
Overall office leasing activity in the region is dominated by downtown Seattle, as might be expected, with the citys central business district accounting for nearly 54 percent of total leased square footage in the first quarter of the year. But, in a sign of shifting real estate trends, nearly three-quarters of the square footage involved…
Amazon Expands Its Reach in the Trucking Industry
The Seattle tech giant unveils a new online freight-brokerage platform
E-commerce giant Amazon is disrupting yet another market. This time its the digital freight-brokerage sector, an emerging industry that allows shippers to connect with haulers directly to schedule loads via an online platform. Amazon has quietly turned on its own digital-freight brokerage platform, at freight.amazon.com, a service that industry publication Freight Waves reports is undercutting…
Real Estate Development in Pasco Taps Into a Zone of Opportunity
An ambitious project aims to draw visitors and investment to Pasco
This article appears in the May 2019 issue. Click here for a free subscription. Mitch Gilbert is out to make the city of Pasco a culinary and entertainment destination. Gilbert created his development company, Eaty Gourmet LLC, three years ago with one express purpose: to develop a 52-acre site alongside the scenic Columbia River. Called…
Seattle Communities of Color Were Hit Hard by Home-Foreclosure Surge
Predominately black and Hispanic neighborhoods were disproportionately affected by the crisis, study shows
African-American and Hispanic homeowners paid a steep price during the foreclosure onslaught that lasted for years after the housing markets collapse slightly more than a decade ago, and Seattle was no exception to the rule, a study released by Zillow shows. This reality has an impact not only on homeowners in communities of color, but…
Daring Women: Pushpays Clare Gould Values Empathy and Transparency in Leadership
Marketing executive also advises that we all need to take our careers into our own hands
Over the course of her career, Clare Gould, director of product marketing at Redmond-based Pushpay, has developed expertise in building brands for technology companies. At Pushpay, she oversees both product and customer marketing teams and is focused on executing the companys marketing strategy. The software-as-a-service company provides nonprofits and church groups with donation, engagement and…
Seattles Boeing Field Launching Daily Flights to Oakland
Niche-Carrier JetSuiteX will offer semi-private service starting this summer
JetSuiteX, an airline offering the convenience of daily flights from smaller airports in California and Nevada, is adding Seattle to its itinerary staring July 1. The carrier, headquartered in Irvine, Calif., will operated out of King County International Airport-Boeing Field, located just south of downtown Seattle, offering flights between Oakland, California, and Seattle three times…
Chinese Buyers in Seattle Are Snapping up Pricey Luxury Cars
Wealthy Chinese nationals are a major group of buyers frequenting luxury car dealerships
DRIVEN TO SUCCEED. High-end Maserati automobiles have earned some cachet among Microsofts elite and Chinese nationals living in the greater Seattle area.
The Entrepreneur of the Year 2019 Award Finalists List Is Out
Candidates represent the wide swath of industries that propel the Pacific Northwest economy
Jessie Woolley-Wilson, president and CEO of Bellevue-based DreamBox Learning LLC is one of the Pacific Northwest region finalists for the Entrepreneur of the Year 2019 Award.
Tableau Tool Tackles Seattles Terrible Traffic
Software companys new dashboard will help companies visualize employee travel patterns
The nonprofit Commute Seattle has teamed with software company Tableau and the Seattle and Washington departments of transportation to unveil an interactive online tool that allows employers to assess their employees commuting patterns to aid them in reducing traffic congestion in Seattles downtown. The partnership between the Seattle producer of data-visualization software, Commute Seattle and…
Washingtons Suds Makers Are Rolling Out the Barrels at an Explosive Pace
The states craft-beer sector is expanding at a rate of 33 new breweries a year
Washington ranks second in the nation in the number of craft breweries, which collectively produced some 1.2 million kegs of beer, support 6,300 jobs statewide and have a statewide economic impact of $1.4 billion. Those are the findings of a just-release study sponsored by the Washington Beer Commission, which is based on 2017 beer-sales figures….