During a SXSW panel on startups in smaller metropolitan areas, I spent some time talking about how venture capital was a bit more difficult to come by in towns like Portland. But I’ll be darned if some awesome Portland startups—like Urban Airship, ShopIgniter, and ActiveTrak—aren’t working to prove me wrong. And now? Another Portland startup has joined the list.
This week, Second Porch announced that they have secured $1 million in investment led by the Oregon Angel Fund. Read More
One of the most interesting boostrapped companies I’ve followed during my tenure here on Silicon Florist has to be ActiveTrak (the startup formerly known as GadgetTrak). And honestly, I always saw them as a dark horse around here.
They have a compelling consumer-focused product that helps people recover stolen laptops and mobile phones. They get major media coverage more than any local startup I know. And they continue to pitch as hard as any company—they’ve presented at OEN’s Angel Oregon three times—I’ve seen. And yet, they couldn’t really seem to land funding. Until now. Read More
[Editor’s note: Thanks to Carolynn Duncan, Director, Portland Ten, for her assistance in covering OEN’s Angel Oregon, last week. Her recap and insights follow.]
This year, I was invited to attend OEN’s Angel Oregon, chaired by Angela Jackson, and the Oregon Entrepreneurs’ Network, and to write a guest article highlighting the experience. My hope is that you’ll get a quick download of the day’s events and outcomes, a taste for what the experience of being at OEN’s Angel Oregon is like from a blend of perspectives, a status update on Portland’s startup scene, and finally, that you consider attending and/or participating as an entrepreneur or investor at next year’s event. Read More
[HTML2]Well, well, well. Seems like today is an Ignite Portland day in more ways than one.
And it also seems that “can’t get funded in Portland” argument continues to spring leaks in 2010. First, Urban Airship found funding. And now Portland-based ShopIgniter—an open source ecommerce platform that’s betting on social media as the next big retail venue—has secured $3 million in venture capital led by Madrona Venture Group. What’s more, it says just as much that former Yahoo! Matt Compton of Madrona was so impressed, he’s decided to join ShopIgniter as the new CEO. Read More
[HTML2]It’s not often that I get to break news. So I always tend to cherish the few moments that I do. And this one is special for any number of reasons. One, it’s a Portland startup in the mobile space. Two, they’re receiving a respectable amount of funding to continue doing what they do, faster. Three, it’s a company that’s less than a year old pulling in seven figures of cash. And four, these are people I’m lucky enough to see almost every day.
That’s a lot of reasons to be happy. So I couldn’t be more ecstatic to finally announce that Urban Airship—the company that supports the mobile development community by providing infrastructure for mobile messaging services like Apple Push Notifications for iPhones—has secured $1.1 million in funding, led by True Ventures. Read More
I had the opportunity to attend Venture Northwest, Oregon Entrepreneurs Network‘s annual pitch day for early stage startups. You know, kind of like a DEMO or a TechCrunch 50. No cash prizes. But a great deal of opportunity to score some cash, given that the folks at Venture Northwest have the opportunity to pitch their ideas in front of a roomful of potential investors from throughout the angel and venture capital communities.
Now, Venture Northwest isn’t a tech-centric thing. It’s a startup thing. But there were some interesting tech companies that pitched. So I thought I’d recap for you. Or more appropriately, steal borrow my own recaps from the Venture Northwest guest posts I submitted to TechFlash. Read More
Sometimes, you get to open gifts before the big day. Such is the case with Portland-based Giftango who—as they prepare to take the stage at Venture Northwest on Thursday—had Northwest Innovation and Paid Content unwrapping gifts a little early by reporting that the Giftango had secured $1.4 million of a potential $2.1 million first round.
That’s a respectable chunk of change for a Portland-area startup—especially one that might not be on our respective RADARs.
So what do they do? Read More
Venture Northwest is one of the premier opportunities for Silicon Forest startups to pitch their ideas in front of a room of would-be investors. Arguably, there’s no better regional event around here for gaining access to that type of crowd. It’s like DEMO or the TechCrunch 50 for the Pacific Northwest. For as good as the event is, however, it’s always suffered from one particular problem: you had to actually be there.
But now, thanks to the magic of streaming media and the wonderful world of the Web, anyone, anywhere can attend Venture Northwest virtually. Introducing Venture Northwest Live. Read More
While it may be hard for folks to agree on whether venture capital investing is on the rise or decline, one thing is for sure: Portland-based Jive Software certainly has a little more ammo in the old war chest. And it’s all thanks to another investment from Sequoia Capital—to the tune of $12 million.
That brings Jive’s VC total to $27 million. What are they going to do with the extra cash? Read More
[Editor: John Sechrest has put together what is, arguably, the most comprehensive collection of Oregon Angel events and organizations in existence. It’s an honor to have the opportunity to publish this guest post.]
[HTML1]Just as the sun is starting to fade and the rain is starting to be a daily occurrence, the Northwest Startup Ecosystem is starting to bloom. During the quiet of the summer, seeds were being planted, companies reviewed and now in October, things start to move. In Oregon and Washington, there are many activities that give startup companies the chance to present to Angel Investors.
In Oregon, there is a flow to the year. Beginning with small opportunities to get out in front of people and followed by big events that can put you in front of potential investors. Read More