In the world of equity financing and startups, it’s not rare to see folks adding new board members when they announce funding rounds. Because it’s usually VCs who have invested who are getting those seats. So when Portland startup Sensu announced a new round of funding and new board members, it was a pleasant surprise to see that one of them was an independent, Luke Kanies, founder of Puppet.
What began with Google Glass has ended in a successful exit for ONtheGO Platforms—and the local investors who took a risk on the company before it was clear where the market was going. Atheer has acquired OTG for its team and technology, who were early players in exploring the potential of gestures within virtual and physical environments. Read More
It was nearly a $20 million day for investments in Portland startups. Earlier in the day, Lytics announced a $7 million Series A led by Comcast Ventures. And soon thereafter, Urban Airship announced that they had closed a $12 million Series D, with participation by existing investors True Ventures, Foundry Group, and August Capital. Read More
Portland has seen an upswing of funding for startups in recent months. And it’s showing no signs of slowing. The latest announcement? Push-notification juggernaut Urban Airship has secured an additional $25 million in funding—led by August Capital—bringing UA’s total funding up to $46.6 million. Read More
While Portland is still relatively immature as a startup community, we’re making strides in the right direction. And we’re beginning to track on the “Boulder Thesis,” a concept championed by Brad Feld—cofounder of TechStars and Foundry Group, an investor in Portland companies Urban Airship and Cloudability—in his book Startup Communities. Read More