Portland startups, open source, and tech news, jobs, and events #pdx
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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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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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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I’ve had the opportunity and pleasure of covering Puppet since Reductive Labs relocated to Portland in 2009. It’s been among the most interesting journeys of a company in the Portland startup community. And it’s been great to be part of that journey of observation. And even collaboration, as PIE, the organization I run, had the opportunity to work with Puppet, 2019-2020. But as with many journeys, they come to an end. As this begins to, today. Puppet is on the path to being acquired by Perforce.
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With the advent of the fully remote world brought on by the pandemic, it’s difficult to tell what even constitutes a “Portland startup” these days. But given that the CEO and cofounder of Kubos lives here in town, I’m counting it. Which is why I was happy to see that Xplore has announced they’re acquiring Kubos’ Major Tom mission and flight control software platform for satellites and other assets.
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This morning, Autodesk announced the intention to acquire Portland extended reality (XR) startup The Wild, which has significant applications in collaboration for the architecture and engineering world. This milestone also marks a significant event for the local venture capital community as The Wild counts local firms Elevate Capital, Ideaship, Oregon Venture Fund, Portland Seed Fund, and The R Group among its investors.
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It seems like less than a pandemic ago that I was just getting to know a brand new startup from a local serial founder. It was called Zipcan. And it was the latest pursuit for Fritz Brumder, cofounder of Portland’s BrandLive. Just over a year ago I wrote my first post on Zipcan. Now, the company has announced that it’s been acquired.
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Another exit for a local startup. Portland’s LeadsRx which has been focused on increasing marketing conversion rates since its founding in 2015 has been acquired by Unbounce, an industry leader in landing page optimization.
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It’s another exit via acquisition for serial founder Raven Zachary. His latest company — the Microsoft Hololens agency he helped cofound, Object Theory — has been acquired by ARound. Small Society, the iOS development shop Raven cofounded prior to Object Theory — a preeminent player in the then burgeoning Portland mobile scene — was acquired by Walmart Labs in 2012.
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