One of the challenges with the Portland startup community has always been achieving exits that generate capital and connections that can be reinvested into the next generation of companies in our community. So it’s always nice to see an exit. But it’s even nicer when that exit is a company founded by a Portland native who is interested in giving back to the community. That’s why I’m happy to announce that Portland startup Vault has been acquired by Acorns.
So this is interesting. For all the positives of the Skyward acquisition today, it still had one issue that has been consistently part of our “liquidity event” stories: it was a solitary event. Portland doesn’t have multiple exits happening in rapid succession. We don’t get the opportunity to build momentum. Or at least we didn’t… but it may be starting. Because Portland based Kavi announced their acquisition by Higher Logic today, too. Read More
It’s always a telling sign when Portland companies gather the wherewithal to begin making acquisitions. And that’s why I thought it was important to share that Cloudability has just acquired the assets of their former competitor, CloudVertical. Read More
If I’ve said it once, I’ve said it a thousand times: the Meridian exit is the most underrated exit in Portland startup history. And with that info, you also have to recognize that any chance I have to refer to that positive exit, I will. Like today, when it was confirmed that HP was acquiring Aruba for around $3 billion. Read More
In a day and age when many acquirers waste the value of acquisitions, it’s always nice to see companies actually using acquisitions to greater effect. And that’s just what TigerLogic has done with the latest version of Postano—one of the early players in the visual aggregation space—by integrating functionality from Storycode, which they acquired late last year. Read More
You may not have heard of Crowd Factory, a Portland startup focused on social media campaign management, but I’m sure you’ve heard of their clients. They’re working with companies like HBO, Coors, Sony, PR Newswire, and Jive.
Even in a sluggish market, the vacation rental business is booming. And Portland-based Second Porch has been at the forefront, helping Facebook users keep their vacation homes filled with renters—all by promoting their vacation homes to the people in their social graph.
SurveyMonkey—the nearly ubiquitous go-to service for online surveys—is one of those companies. You know, the ones who are quietly successful. Who don’t make much ruckus. And who—prior to its sale to a private equity consortium in April 2009—just happened to be headquartered in Portland, Oregon.
They’ve still got an office here. So when they do something, we take notice. And they did a little something today. SurveyMonkey acquired the AJAX-y online form goodness that is Wufoo. Read More
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