Portland Oregon startups, tech, news, events, jobs, and community
Portland startup and tech news, jobs, and events #pdx
While Auth0 is a Seattle company, they do have a distinct Portland tie. You see, the Portland Seed Fund was one of the company’s early investors. And today was a big day for everyone involved, given that it was just announced that Okta is acquiring Auth0 for $6.5 billion.
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We’ve all gotten pretty used to the pandemic exodus stories of companies, venture capitalists, and the Internet famous choosing to leave the Bay Area for towns like Atlanta, Austin, Madison, and Miami. But in the spirit of doing things that don’t scale, Y Combinator alum Cognito has bucked that trend by deciding to relocate its headquarters from Palo Alto to Sisters, Oregon.
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Just came across another random tidbit about Autodesk acquiring Portland’s Innovyze for $1 billion. And no I’m not just looking for an excuse to say “wet infrastructure” again. Oh. Well crap. Anyway… It just happens to be the largest acquisition in Autodesk history. And that’s something, considering Autodesk has a significant history of acquiring.
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While Founders’ Co-op is headquartered in Seattle, the fund regularly puts money to work in Portland. So when I hear the news that they have more money to put to work, I always remain hopeful that they’ll continue that trend of investing here. Because Founders Co-op has $50 million to invest from their latest fund.
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In a day and age where every startup program is a virtual program, those programs that have been virtual since day one rise to the top. One of those programs — which counts any number of PIE alums — is Founder Gym, which just graduated two more Portland companies among its latest cohort.
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One of the most rewarding things about covering the Portland startup community is the opportunity to watch things come full circle. Sometimes, that’s extremely positive. Like watching founders start something, build something, and successfully exit something. Sometimes, it’s less positive. Like being around for both the beginning and the end of an effort, successful or otherwise.
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It’s become an annual tradition for Stephen Green to spend the month of February featuring one amazing Black business every day on Twitter in honor of Black History Month. A few years ago, Built Oregon joined the effort. And then my part of the annual tradition has become capturing all of the tweets in a single post. So let’s take a look at Black History Month 2021.
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