It was nearly a $20 million day for investments in Portland startups. Earlier in the day, Lytics announced a $7 million Series A led by Comcast Ventures. And soon thereafter, Urban Airship announced that they had closed a $12 million Series D, with participation by existing investors True Ventures, Foundry Group, and August Capital.
“Having just come on board Urban Airship as CEO, I’m pleased to see the board and our primary investors continue to invest in our future growth. We are dedicated to helping businesses mobilize their most important relationships,” said Brett Caine, CEO and president, Urban Airship. “This additional funding validates our focus on offering unparalleled mobile expertise and technology to help companies maximize what are their biggest and most strategic growth opportunities today.”
This brings UA’s current funding to $58.7 million.
For more information, read the press release from Urban Airship.
[Full disclosure: Urban Airship is a PIE alum. I am the cofounder and general manager of PIE.]