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Tag: Funding

PHP Fog gets $8 million and a new name: AppFog

A little late on this one, but I wanted to make sure that you knew about it. Especially because it’s another startup getting funding. It’s been a busy few weeks for Portland in that regard.

The latest company to gain additional funding for its pursuits? AppFog which just secured $8 million in investment led by Ignition Partners. Never heard of them? It’s no wonder. It’s the new name for PHP Fog. Read More

BankSimple banks $10 million in additional funding

It’s always nice to report on Portland funding news. This time, it’s BankSimple—whom we count as a Portland company thanks to their CTO and co-founder Alex Payne and their dev shop being located here in Portland. The company just landed an additional $10 million in financing and added Visa, Bancorp, CBW, Allpoint, and Andera to their partner list. Read More

Is the search for capital weighing you down? Maybe you need Lighter Capital

As people try to rework and reimagine startup funding and venture capital, there are any number of interesting ideas coming to light. The latest comes not from the Valley but from our neighbor to the north, Seattle.

It’s called Lighter Capital. And the idea is to make funding more accessible to companies that are demonstrating a successful track record—with fewer strings attached. Read More

Care to guess who the Portland Seed Fund selected for its first class?

Well, well, well. Here we are. The moment for which we’ve been waiting, patiently, for quite some time. It’s time to announce the first class of the Portland Seed Fund, a new fund designed to help stimulate startup growth here in Portland.

And now? Now it’s time to see who is going to get stimulated… err funded. So who made the cut? Read More

Want your startup at lunch with Robert Scoble and Ashton Kutcher?

So Robert Scoble and Ashton Kutcher are going to lunch. Want to go? Well, you can’t. But maybe your startup can get an invite.

You see, Scoble is looking for some of the best and brightest startups to put in front of Ashton. And if you respond to his Quora question, yours may be among the startups he chooses to discuss. Read More

Oh it’s on. Beaverton startup Act-On lands $10 million in funding for cloud-based marketing automation

It’s always nice to wake up to another nail in the “it’s hard to find funding in Portland” coffin. And this time, not only is it funding for a cloud-based company in the Portland area, it’s funding for a company that sits outside the Old Town/Pearl region of town that has been a recent magnet for capital. Way outside. Like Beaverton.

Act-On software has secured $10 million in C round funding, led by Trinity Ventures. Why does Trinity sound familiar? Oh, because Trinity also just sunk some cash into ShopIgniter. Read More

This whole Facebook thing might just catch on: ShopIgniter secures $8 million in venture funding

Last year they quietly landed $3 million. Today, ShopIgniter quietly announced that they had landed another $8 million in Series B.

ShopIgniter is kind of one of those quiet startups around Portland. There isn’t a great deal of hubbub around them. Not a great deal of hype. Last year they quietly landed $3 million. Today, ShopIgniter quietly announced that they had landed another $8 million in Series B. Read More