Results for: funding

VendScreen reinvents the vending machine using Android — and lands $12 million in funding

One of the biggest stories to come out of PIE Demo Day, yesterday, was VendScreen securing $12 million in Series A financing.

That’s a huge amount of money for a startup coming out of an incubator. And if you watch VendScreen’s pitch, you’ll understand why. Using the Android operating system to revolutionize a massive—yet technologically stagnant—market is a very big deal. Read More

Finding their way to funding: CrowdCompass lands $1.3 million — with Oregon Angel Fund contributing nearly half

This year has been a great year for funding for Portland startups. What’s more, it’s been a year where local investors have felt comfortable beginning to participate in some of that funding.

Today, we get to add another win to the list. CrowdCompass has announced a $1.3 million funding round, $600k of which came from Oregon Angel Fund. Read More

Puppet Labs just landed $8.5 million in funding from Google, Cisco, and VMWare — and a Portland investor

So much for things slowing down with the holidays. Or Christmas is coming a little early. Or something.

Puppet Labs just announced that they have landed $8.5 million in Series C funding—and it includes money from Google, Cisco, and VMWare.

But there’s some local money investing in Puppet, too. Read More

What startup has 20 people in Portland and $15 million in funding? New Relic. And they’re hiring.

We love it when it when Portland companies get funding. But I’ve got to tell you… we’re pretty happy when companies with Portland offices get funding, too.

And that’s just what happened with New Relic—a San Francisco based company with an office of 20 in Portland—who just landed $15 million in funding. And part of that, no doubt, will be used for hiring more folks in Portland. Read More

Oregon Angel Fund invests in local mobile: Meridian lands $1 million in seed funding

It’s not often you see local money investing in local tech. It’s even more rare that local money decides to bet on mobile tech.

That’s why I’m incredibly pleased to share that the Oregon Angel Fund and the Bellingham Angels Group have decided to invest $1 million in Meridian, a Portland company that helps you find your way around large venues using your mobile device. Read More

Seattle’s Redfin has a growing Portland presence—and $14.8 million in additional funding to help build it

It’s always great to hear about companies headquartered in Portland getting funding. But you know what else is great? Companies with branch offices in Portland getting funding—especially when they’re growing branch offices.

Such is the case with Seattle-based Redfin, which just landed $14.8 million in funding, part of which will be used to increase the size of their Portland footprint. Read More

BankSimple banks $10 million in additional funding

It’s always nice to report on Portland funding news. This time, it’s BankSimple—whom we count as a Portland company thanks to their CTO and co-founder Alex Payne and their dev shop being located here in Portland. The company just landed an additional $10 million in financing and added Visa, Bancorp, CBW, Allpoint, and Andera to their partner list. Read More