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Category: Funding

New to Portland: Perspective on the Portland Seed Fund launch

[Editor: So, the Portland Seed Fund is now open. Providing a new funding mechanism for fledgling Portland startups. And we here, who have been anxiously awaiting the opening of the fund, are excited about this endeavor, it makes me wonder how people outside of Portland are receiving it.

Well, enter Dale Davidson, a recent Portland transplant who attended the launch. Here’s his guest post on the event and some of his thoughts on the fund.] Read More

Picture yourself with funding: GigaPan Systems lands $1 million Angel round

GigaPan Systems, a company focused on the technology that allows folks to capture high-res panoramic images, just landed $1 million in outside funding.

Like pictures? What about really, really, really big pictures? Well, if you do, Portland is a good place to be. Because one of the leaders in the panoramic photo space just happens to be here in Portland. It’s GigaPan Systems, a company focused on the technology that allows folks to capture high-res panoramic images—even with standard DSLR equipment.

And now, they’ve got a little more cash to make that magic happen. You see, GigaPan Systems just landed $1 million in outside funding. Read More

Pitch Club: People are always asking me if I know venture capitalists

Well get ready to be happy. That’s the idea behind Pitch Club, a new Portland gathering open only to folks who are ready to pitch.

So you’re in the midst of founding a startup. Or you’ve got the idea for a startup. Or you’re working for a startup. Whatever the case, you’ve got to be able to pitch your story. To investors. To potential customers. To people on the street. And while practicing the pitch in the mirror is fun and all, you could use some critical feedback. From your peers. Other folks who are pitching too.

Well get ready to be happy. That’s the idea behind Pitch Club, a new Portland gathering open only to folks who are ready to pitch. Read More

Portland funding gets cloudy and foggy: Madrona leads $1.8 million investment in PHP Fog

Portland-based PHP Fog—a new startup that provides cloud-based hosting and dynamic scaling for PHP-based projects—has announced $1.8 million in funding, led by Seattle’s Madrona Venture Group.

Yes, yes. I know I’m supposed to be all jazzed about the iPhone being available on the Verizon network now. And I am. That’s great news. But you know what has me more wound up? Funding. For a Portland company.

That’s right. Portland-based PHP Fog—a new startup that provides cloud-based hosting and dynamic scaling for PHP-based projects—has announced $1.8 million in funding, led by Seattle’s Madrona Venture Group. Read More

Kickstarter loses one Portland connection but gains another. (And it happens to be their most successful project ever.)

Now, you may have seen mention that Kickstarter had a Portland connection. It did. That was when Andy Baio was working there from his home here in Portland.

But Andy has moved on to another project and another town. Which meant that—unless one of you went after funding on Kickstarter—I wouldn’t really be writing about it. Well, turns out that a company with a Portland tie did just that. And their bid for funding just happened to be oversubscribed by about 6200%. Read More

How Dachis Group’s $30 million in funding relates to Portland, Oregon

At the beginning of the week, a whole bevy of tech companies announced funding. Among them? The Dachis Group, “the world’s largest Social Business consultancy.”

Now, yes, there is a Razorfish outpost here in town. And yes Jeffrey Dachis—founder of Dachis Group—helped found Razorfish back in the day. But that’s not the connection I’m seeing. No, the connection is a little less direct. But interesting nonetheless. Read More

How does Portland become more attractive for venture capital investment?

Even as Portland startups continue to make waves and land capital, we’ve still got a lot to do to step up to the big leagues. So what does Portland need to do to step up and be among the premier cities for startups?

One thing is for sure. Being attractive to venture capitalists can only help the cause. And ensure that Portland startups have the capital they need to succeed. But how? Well, why not ask a VC? That’s what happened on TechCrunch’s “Ask a VC” last week. Read More

To buckle up, please insert the metal tab… Urban Airship lands $5.4 million and 25,000 square feet of office space

Urban Airship, makers of awesome services that help iPhone and iPad developers make stronger connections with their customers by doing less coding, announced $5.4 million in funding and a huge new office space in the Pearl.

Big big news coming out of the Portland startup scene in the wee small hours of last night. And now that you’ve had your cup of coffee or tea or whatever, why don’t you take a moment to settle in and catch up. Ready? Okay.

Urban Airship, makers of awesome services that help iPhone and iPad developers make stronger connections with their customers by doing less coding, has dropped a whale of release. They’ve announced $5.4 million in funding—bringing them up to $6.5 million total—and a huge new office space in the Pearl. Read More

Portland startups take note: Kleiner Perkins is going after the social Web in a big way

Kleiner Perkins Caufield & Byers just launched a $250 million fund focused on social Web startups.

[HTML3]It’s true. Most of the time I try to keep an increasingly myopic eye on the startup and tech scene in Portland, Oregon, and the surrounding areas. Not even all startups mind you. Mostly those focused on Web apps, mobile, and open source pursuits. In all honesty, there’s more than enough there to cover.

But every once in a while, there’s some earth shattering news that forces me to look outside the region. And to cover more broad reaching stories. And it just so happens one of those stories broke today. You see, Kleiner Perkins Caufield & Byers just launched a $250 million fund focused on social Web startups. Read More

Care to venture a guess as to who got picked for OEN Venture Northwest 2010? Oh. Fine. Here’s the list then.

Vying for cash is always a competition. But sometimes it’s actually a competition. I mean, like an event. Like the Bend Venture Conference. And like the annual Oregon Entrepreneur Network (OEN) Venture Northwest event.

Today, Venture Northwest revealed the speakers for this year. And of the 10 companies chosen to present, six fall into the realm of stuff Silicon Florist would usually cover. And I want one of them to win. So I’m only telling you about those six. Read More