InDinero, a Y Combinator and 500 Startups alum that relocated its headquarters to Portland, has snapped up outsourced accounting service mAccounting, according to Malia Spencer over at the Portland Business Journal.
If you’ve spent any time on this blog, you’ve no doubt heard me bemoan — or maybe even wax poetic — about the fact that it’s very rare for Portland or the region to have a a succession of exits or liquidity events. They generally happen as one offs. Or blips. But with recent activity for Cozy and Radar followed quickly by news of Mirador and Dakine, I’ll be darned if I’m not getting a wee bit optimistic about breaking that curse.
Portland does a great job of building acquirable companies. Because we have an incredible knack for finding gaps and building solutions that bridge those gaps. We’re Bridgetown. What would you expect? So when an awesome Portland company like Little Bird becomes that bridging component for a company like Sprinklr, it’s something to be celebrated. 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
Well well well. You may have heard that 2010 is the year of acquisitions in Portland. No really. It is. Don’t believe me? Well, I’ve got another one for you. That’s right. Already.