Startups
Seattle Tech Startup Shujinko Raises $7.5M a Year After Successful $2.8M Seed Round
Funding will be used to expand hiring and accelerate the companys product-development push
Seattle startup Shujinko, a provider of cloud-compliance software, has hauled in $7.5 million as part of a Series A fundraising round that will be used to develop its SaaS platform, which serves customers seeking to move older databases to the cloud or launch new ones while maintaining compliance standards. The company hit the market last…
Mysterious Seattle Robotics Startup Launched by Serial Entrepreneur Paul Mikesell Raises $8.9M
The company indicates only that it will be designing intelligent robots to handle common chores
A former Uber executive who also co-founded two successful tech startups has just raised a bunch of cash for a mysterious robotics startup located on Western Avenue in downtown Seattle, federal filings show. Maka Autonomous Robotic Systems Inc., founded and headed by serial entrepreneur Paul Mikesell, who most recently worked at Uber as director of…
Seattles Startup Culture Is Strong on Talent, Short on Local Capital
Seattle ranked first among the 50 cities assessed in attracting highly educated millennials, study finds
Seattle took home a third-place trophy in a just-released study that assessed the best U.S. cities for startups. Ranking ahead of Seattle were Austin, Texas; and Washington, D.C. Rounding out the top five were Denver, fourth; and San Francisco, fifth. The analysis of Seattles startup scene is probably the most interesting part of the study,…
Seattle Rocks as a Tech Startup Hub, But Some Cities Are Gaining Ground
Austin, San Diego and Atlanta are proving to be serious competitors, study reveals
Seattle, to the surprise of few, is one of the nations leading places for tech startups, and that point is driven home by a new study by the New York-based Center for an Urban Future, which ranks the city as one of the top tech hubs in the nation in terms of startup growth. But…
Venture Investments Surge in Washington State
Investments in venture-backed companies climbed to $745 million in the first half of 2017, up 45 percent.
Investments in venture-backed companies in Washington state climbed to $735 million in the first half of 2017, up 45 percent from the year before according to the MoneyTree report from PricewaterhouseCoopers (PWC) and CB Insights. It was a knockout quarter, said Chris Seel, technology partner at PWC. The biggest surge came in the second quarter,…
Bright Idea: Taking Center Stage
An intelligent credit card links an employees spending directly to the company budget.
Buy dinner or supplies and put it on the company card. This employee convenience can also be a vexation for company budgets as casual expenses mount. A Bellevue startup, Center (centercard.com), thinks it has the right solution, and the track record of its founders suggests it might. The CenterCard puts the computing power and interactivity…
Commentary: Before You Leap
Make sure your own house is in order first.
Seattle is experiencing a tech boom second only to that in San Francisco, creating a new generation of startups led by ambitious founders. On average, these startups receive $800,000 to $850,000 in funding much of it from local investors. These local investors, some motivated by the desire to support the Seattle economy and to contribute…