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Tag: Funding

Add another successful Reed entrepreneur to the list: Lucky Sort lands $500,000 in funding

I don’t know about you, but I find the number of Reed alums in the Portland startup scene to be a compelling backstory. And the list continues to grow.

This time, it’s Noah Pepper of Lucky Sort, a Portland company focused on “advanced information interfaces” that just landed $500,000 for its efforts. Read More

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

Working to dispel the “You can’t get funded in Portland” myth

You hear me chirping about how we’re getting more and more funding here in Portland. But are we really?

Well, Amber Case and Aaron Parecki of Geoloqi took a stab at building something more objective than our usually anecdotal take on the funding atmosphere around here. The result? A wiki that details the Portland funding events, acquisitions, and other highlights over the last few years. 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

And for our next trick… Urban Airship secures $15.1 million, led by Salesforce and Verizon

A lot can happen in two years. And for Urban Airship, it’s been quite a ride. The company—which started with two of its cofounders taking advantage of a little known unemployment benefit that helps folks work on startups—has now grown to more than 50 people with the SimpleGeo acquistion. And now, they’ve got more than $20 million in funding.

What’s that? You didn’t hear about the most recent funding? Well, read away. Urban Airship secured $15.1 million in Series C, led by Salesforce.com and Verizon. 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