Venture Capital
Seattle Software-as-a-Service Firm Banzai Completes $7M Funding Round
The companys event-marketing automation software is used by some of the largest tech companies in the country
Despite the shadow of the coronavirus outbreak threatening to put the brakes on many public gatherings, the fact that some venture capital firms are still willing to bet on a brighter future is proving to be good news Banzai, a Seattle-based provider of event-marketing automation software that has just raised $7 million in equity financing…
Female Founders Alliance Expands Its Reach With Business-Incubator Acquisition
The deal amplifies the organizations ability to accelerate the success of women-founded businesses nationally, founder says
The Female Founders Alliance (FFA), a Seattle-based organization focused on accelerating the success of women-founded, venture capital-scalable companies, has acquired New York-based Monarq Incubator. The deal, terms of which were not disclosed, makes FFA the largest network of its kind nationally, giving it a footprint in all major tech hubs in the country. Monarq Incubator…
Seattle-Area Tech Firm Icertis Reaches Unicorn Status With $115M Funding Round
The contract-management solutions company will use the capital to augment its technology and expand its global reach
Bellevue-based tech company Icertis has closed a $115 million funding round that puts the company in the elite group of unicorn companies, defined as startups that have reached the $1 billion valuation level. Icertis is a software as a service (SaaS) provider specializing in contract-management solutions. It counts as clients major companies like 3M, Airbus,…
Washington Sets Robust Pace for Venture Capital Funding in the Second Quarter
Nationally, a record number of $100M-plus VC deals were recorded for the period, including two in the Seattle area
U.S. venture capital-backed companies notched a record 64 mega-financing deals in the second quarter involving fundraising rounds exceeding $100 million, including two Seattle-area companies that collectively raised $217 million, a recent PwC Money Tree analysis shows. The top three VC deals in Washington for the second quarter ending June 30 involved Seattle-based sales-engagement software company…
Seattle Solar-Services Startup Omnidian raises $15M to Fuel Growth
The company plans to use the funding to expand its reach in the multibillion-dollar U.S. solar energy market
Seattle-based Omnidian has raised $15 million through a venture capital funding round that will allow it to expand its solar-energy system performance guarantee program, which offers homeowners and business owners assurance that their expensive solar investments will perform as promised. The funding round was led by New York venture capital firm IA Capital with additional…
Venture Investments in Asian Companies Rocket to U.S. Levels for First Time Ever in 2017
Investments in Seattle area venture companies climbed 23 percent to $1.57 billion last year, and Washington state ranked 7th in the U.S.
Investments in venture-backed companies in Asia shot up 117 percent last year to $70.8 billion, up from $32 billion the year before, catching up with venture investment in the United States, where investments rose a more moderate 17 percent to $71.9 billion, according to the MoneyTree Report from PricewaterhouseCoopers LLP and CB Insights. The sharp…
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,…