Tag: Funding

Portland startups have already announced more than $51 million in venture capital funding in 2018 [updated]

While still striving to hold true to my promise to Jive cofounder Bill Lynch—that I would stop using Silicon Florist as a platform to celebrate fundraising announcements—I feel obligated to take a little tangential liberty to share a developing theme I’m seeing… Because this isn’t a typical. Portland companies have announced more than $51 million in venture capital, this year. And it’s not even a month old.

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Round and round: Simultaneous fundraising announcements by Portland startups Torch 3D and Vacasa

One of the challenges of the Portland startup community has always been momentum. We sometimes have great—at times even fantastic—startup news, like an exit or a major announcement. But more often than not, that happens as a solitary instance. And then it’s some time before the next major announcement. So it’s rare to have a day like today where both Torch 3D and Vacasa have major news.

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Portland is getting even more Cozy

As much as I love to see activity in the Portland startup community, homegrown activity is my favorite. And when a company has relocated its headquarters to the Rose City to make it a hometown company…? Well, then their continued growth and success reflects well on the entire community. That’s why I’m really happy to share that Cozy continues to gain traction. Read More

Reflecting on the importance of Reflect's seed funding announcement

At first blush—and without context—something like today’s news from Portland startup Reflect might seem like a standard run of the mill funding announcement. The stuff the Bay Area sees umpteen times a day. But within the context of what’s happening around here in Portland? I see any number of interesting facets to this announcement. Read More

A new generation of enabling technologies begins to soar Skyward

I often get asked about pervading themes or trends in the Portland startup scene. Mostly because people want me to talk about something that’s actually interesting. Rather than droning on and on. And if I’m forced to name one theme, I often choose one of the cultural undertones that has continued for decades: Portland’s success with enabling technologies. Read More

Doubling down: Existing Urban Airship investors True Ventures, Foundry Group, and August Capital participate in $12.1 million Series D

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

Funding is only one of the impressive things about the Lytics announcement today

If you haven’t caught the news, Lytics announced that they have raised a $7 million Series A led by Comcast Ventures, bringing their total funding to over $9 million. And while that’s headline worthy, there are a number of other things about this announcement that pique my interest—probably even more so than the cash. Read More

How accessible is startup funding in Oregon? University of Oregon releases Oregon Capital Scan: A Line is Drawn

Over the past few years, the chorus of Portland tech startups bemoaning a lack of access to capital has receded a bit. Because some of the problem that plagued startups of previous generations has been resolved with local funding resources. And a great deal more has been resolved by companies finding capital outside of the state. But what is the availability of capital in Oregon, these days? Is it improving? The Oregon Capital Scan aims to answer that question. Read More

Seeing the potential: Vadio lands $2 million, fueling continued growth for its MTV-esque service

Maybe I’m dating myself here, but… MTV used to show music videos. No. I’m serious. Like all of the time. No reality shows. Just videos. Song after song after song. And it was pretty awesome. So forgive me if I get a little nostalgic with Portland startup Vadio, which is bringing that exact same kind of original MTV-esque magic to radio stations. Read More

In case you missed it: Puppet Labs raised an additional $40 million, this week

You’ve probably already heard, but just in case you haven’t… Portland’s Puppet Labs has raised another $40 million in venture capital, increasing its total funding to $86 million. More important than the number, though—albeit impressive—is the fact that previous investors have participated in this round. A sign of their confidence in the company and its potential for growth. Read More

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