Portland startups, open source, and tech news, jobs, and events #pdx
Over the last thirteen years, I’ve had the opportunity to write about a lot of Portland startups. A lot. And sometimes, despite my best intentions, those startups fall off of my RADAR. So it’s always nice to see them pop back up again with good news. Like Portland startup 4-tell. Which has been acquired by Searchspring.
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There’s an argument that headquarters define the viability of a business community. And Portland has done okay in that regard. But I always felt that we could adjust the conversation. To promote the viability of a community by the regional offices it hosted. I mean, one of our largest employers is a regional office. So it what if we focused on that? Playing to our strengthens, as it were.
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There has been a recent spate of acquisitions here in Portland. Some Portland companies acquiring. Some Portland companies getting acquired. This is one of the latter. With recent Portland transplant Twistlock getting acquired for $410 million.
Stick with me here. Long story short, this is a good Portland story. So there’s that. But it may get a little twisty and turny. Let’s see… where shall we begin…?
Portland startup Streem, itself the second chapter for a founder who went through an acquisition with his company ONtheGO Platforms, today announced that they are acquiring Selerio, a London startup focused on the AR space.
There are any number of amazing Portland startups. (Clearly. That’s why I’ve been writing about them on this blog for nearly a dozen years.) But every once in a while, a startup comes along that becomes the center of gravity — the proverbial Cinderella story — for a generation of startups around here. Cloudability was very much one of those startups. And today, the denouement of that startup story begins, in the best of ways, with an exit. Cloudability has announced an agreement to be acquired by Apptio.
Another day, another acquisition with potential Portland impact. Scroll, the “invite only and I don’t have an invite but appears to be working to make online content both profitable and ad free” startup that has its CTO and an office in Portland, is acquiring the news aggregation service Nuzzel.
InDinero, a Y Combinator and 500 Startups alum that relocated its headquarters to Portland, has snapped up outsourced accounting service mAccounting, according to Malia Spencer over at the Portland Business Journal.
In case you missed it, Portland’s Janrain was acquired by Akamai. Given that it was the first real Monday following the holidays, I can totally appreciate that you might have missed it. So I thought I would round up some content to help get you up to speed on the deal.
Remember how I said that one of the issues with creating a self-sustaining ecosystem in Portland was the irregularity of liquidity events? Well, I don’t want to get my hopes up, but… we just started the third month in a row with a liquidity event. This time, it’s Janrain getting acquired by Akamai.