Portland startups, open source, and tech news, jobs, and events #pdx
It’s been an interesting 18 months for event management and virtual event platforms. To say the least. With so many new players and new concepts for how we can meet, it makes sense that we’d see some consolidation in the market. And that has had a positive impact on a local startup. Vancouver, Washington, startup Hubb has been acquired by Intrado Digital Media.
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Another exit in the world of healthcare for Portland area startups. This time it’s Carevoyance, which has been acquired by H1.
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While they’ve been relatively quiet, Portland startup Conversa Health has clearly been building something attractive. They just got snapped up in a two company acquisition by publicly traded Amwell, totaling $320 million.
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Former startup now publicly traded ZoomInfo across the river in Vancouver, Washington, has announced that they are acquiring Chorus.ai. The acquisition is designed to add features to ZoomInfo that help sales people be better sales people by surfacing insights and analytics that would be impossible to intuit without sitting in every single sales or customer service call.
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There’s a generation of Portland startups that I refer to as the “quiet generation.” Not a lot of pomp and circumstance. Not a lot of public appearances. Just a bunch of amazing founders and companies who have quietly been building compelling businesses in our midst. One of those was Sensu, which had attracted capital from name brand VCs like Foundry Group and Battery Ventures. And now, they’ve also gotten those investors an exit.
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News has started bubbling about Twitter acquiring Scroll, a service that allowed users to pay a subscription to remove ads from popular content sites. Scroll also owns Nuzzel, a popular news service that shares stories that people in your Twitter timeline are sharing. Cool. But what does that have to do with Portland exactly?
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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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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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Seems to be a good week for acquisitions. Autodesk is picking up Portland’s Innovyze for $1 billion. And Portland startup The Wild has acquired a product to add to its repertoire and customer base, Prospect by IrisVR.
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Innovyze isn’t exactly a startup anymore. But when local companies get acquired by Autodesk for $1 billion in cash, it seems like news in which people would be interested.
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