Portland startups, open source, and tech news, jobs, and events #pdx
It’s been a series of fits and starts with getting back together in person. But it’s starting to happen. So if you’re a founder who has been looking to get the chance to connect with others beyond the typical virtual call, Coffee w/ Co-Founders is here to help.
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Even with the ravaging effects of the pandemic and the sputtering economy, Portland still boasts a number of resources for non-traditional office space, be they coworking spaces like CENTRL Office or on-demand solutions like Radious. But those solutions still require capital — which can always be in short supply for early stage startups. That’s why some community members are considering pursuing a lower-cost offering for founders.
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I was just doing some research on the ConductorOne $15 million raise when my DMs and email were bombarded with news of another raise. Which also happened to be $15 million. For a Beaverton company. Which I thought was coincidental. If not strange. And then I realized that it was simply a super common mistake. That’s been occurring for the last 15 years or so.
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It’s like it was yesterday. When I first started covering a promising young Y Combinator alum startup out of Vancouver, WA. Then they were raising even more money. And now, Embed has already been acquired.
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For all the news of economic downturns, founders are still out there, building businesses. And investors are still taking risks on those ventures. Because a downturn is often the best time to build the next great business. So it comes as little surprise that Portland startup ConductorOne announced its $15 million Series A.
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An early local player in the Internet of Things and smart home industry is now part of the leading companies in home security. Portland startup IOTAS has been acquired by ADT.
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For a town that lives and dies on anecdotal evidence and innumerable and unvalidated “de facto” statuses, it’s always nice to see some quantitative metrics on what going on in Portland — and the Portland tech community. Apparently, we have questions. Because our Stack Overflow pageviews are providing a glimpse of the activity here.
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If you’re interested in supporting women entrepreneurs and you have the bandwidth to serve on a nonprofit board, you might consider submitting your name as a prospective board member for XXcelerate, the leading mentorship organization for women-led businesses in Oregon.
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With a rich history of healthcare startups in Portland, it’s great see the next generation of digital health companies securing the funding they need to grow. Like today, when Portland telehealth startup Boulder Care announced their $36 million Series B.
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It’s always nice to see local startups continuing to grow. And sometimes, the best way to efficiently continue that expansion can be picking up companies with complementary technologies. Which is what happened this week as Vancouver, Washington, startup RealWear announced the acquisition of Seattle startup Genba.
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