There are any number of startups that aren’t headquartered here, but that have a bunch of employees here, either remote or through a regional office. One of those companies is Zapier, the popular Low Code/No Code service that lets you automate online tasks by tying disparate APIs together. More than 30 Portland area folks currently work there. So when I saw the news about Zapier’s founders selling shares to Sequoia, it piqued my interest.Read More
It’s that time of year. When folks are looking back and analyzing what happened in 2020. We’ve already taken a look at venture capital in the Pacific Northwest and the creator economy on Gumroad. Now, Crunchbase gives us a glimpse of what happened around the world in venture capital in 2020.Read More
One of the newsletters I make sure to read every week is The DL by Daniel Li. Given his vantage at Madrona, the newsletter tends to focus on trends in venture capital and venture funded companies in the Pacific Northwest. To kick off the new year, Dan put together some slides to recap of the stuff he was tracking in 2020. And it’s a good reminder that there was some decent progress last year, even with all of the weirdness.Read More
It’s always nice to see more capital focused on helping entrepreneurs around here. So it was a bright spot in all of this weirdness to see that there was a new venture fund in town. And it was an even brighter spot to see that the Oregon Growth Board had committed $350,000 to the new fund. Meet Include Venture Group.Read More
If you follow the world of venture capital and private equity, you’re likely familiar with the concept of funds. They’re the folks who are doing due diligence, cutting checks to provide capital for companies, and actively managing a portfolio. What’s less obvious and murky is where those funds actually get the money they use to make those investments. Some of that money comes from a-whole-nother group of funds — often referred to as a “fund of funds” — that provide capital for venture capital and private equity funds to do their work. And one of those fund of funds is the Oregon Public Employees Retirement (PERS) Fund.Read More
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
It’s always a good day when a Portland-area startup gets funding. And by that reasoning, today was a very good day. Portland-based JanRain—a company that started as an OpenID play and has since morphed into the way to simplify distributed Web logins across the board—announced that they had closed Series A financing to the tune $3.25 million. The round was led by DFJ Frontier. Especially considering this round has been rumored to be in the works since this summer.
So how did the market react? Well, there was quite a bit of coverage, so let’s take a look. 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