I’m not one to celebrate financing rounds for the sake of celebrating rounds. But this one had some interesting local flavor. So, stick with me here. Because this will take a minute.
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.
If you tend to follow a lot of Portland startup folks on social media, there’s no doubt that, today, your social streams were lit up with images of the governor of Oregon in a Microsoft HoloLens, a jam-packed crowd at Oregon Story Board, and news of Portland’s newest VC, Elevate Capital, and the big reveal of their first six investments—with four technology local startups among them. Read More
Our mobile phones have become our constant companions. And we seem more and more willing to give these companions the information they need to be as helpful as possible. But these little magic boxes have a ton of information at their disposal that isn’t always used as effectively as it could be. Read More
There seems to be a constant stream of chatter about how the Portland startup ecosystem compares to the Bay/Seattle. Inherently, a major piece of this conversation is about the ability or inability to raise money locally. This assumes that if there is money to be had locally, it’s the better choice—raise locally, hire locally, and in doing so support the Portland startup scene. Read More
If January is any indication, the Portland startup scene is in for an interesting year. First, Janrain announced a big round of investment. Now, Puppet Labs has landed a $30 million strategic investment from VMware. Read More
The Portland startup scene always likes it when known entities choose to call our city home for their newest endeavors. So was the case when Joe Stump—of Digg and SimpleGeo fame—announced he was relocating to Portland and bringing his new effort, Sprintly, along. Read More
You might not realize it, but Oregon’s legislature is in the midst of determining the entrepreneurial future of our state, this week. Currently on the floor is Oregon House Bill 4040: The Oregon Investment Act which “Establishes Oregon Growth Fund and Oregon Growth Board to encourage investment in and availability of capital to Oregon businesses and to further economic development in Oregon.”
Problem is that the legislature adjourns on Wednesday. Read More