Tag: madrona

Portland’s Cedexis acquired by Citrix

One of Portland’s quietly successful startups, Cedexis, has been acquired by Citrix. I say “quiet” because, like many startups in town, the company kept a fairly low profile, all while providing behind the scenes business-to-business services for a wide variety of brand name customers around the world. And while they were relatively quiet locally, Citrix—who also invested in Cedexis—was well aware of them, as was the entire cloud industry.

Read More

No longer a gem in the rough: Opal hits their stride and raises $8 million

I’ve been following the Opal crew for quite some time. It’s been an interesting journey to say the least. With any number of hurdles. And any number of changes. But they’ve continued pushing and persevering. And while I’m not touting funding as much as I used to, this seems like one of those times where it’s warranted. Opal just raised $8 million in a round led by Madrona. Read More

Mapping a better future: Ecotrust opens Madrona decision tool to the public

Granted, Ecotrust isn’t exactly a startup. But this app release was too interesting to pass up.

Today, Ecotrust opened public access to Madrona, a flexible set of software tools to assist in decision support and spatial planning with an eye toward the environment. 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

Portland funding gets cloudy and foggy: Madrona leads $1.8 million investment in PHP Fog

Portland-based PHP Fog—a new startup that provides cloud-based hosting and dynamic scaling for PHP-based projects—has announced $1.8 million in funding, led by Seattle’s Madrona Venture Group.

Yes, yes. I know I’m supposed to be all jazzed about the iPhone being available on the Verizon network now. And I am. That’s great news. But you know what has me more wound up? Funding. For a Portland company.

That’s right. Portland-based PHP Fog—a new startup that provides cloud-based hosting and dynamic scaling for PHP-based projects—has announced $1.8 million in funding, led by Seattle’s Madrona Venture Group. Read More

We have ignition: Portland’s ShopIgniter secures $3 million in venture capital, snags new CEO from lead investor Madrona

Portland-based ShopIgniter—an open source ecommerce platform that’s betting on social media as the next big retail venue—has secured $3 million in venture capital led by Madrona Venture Group.

[HTML2]Well, well, well. Seems like today is an Ignite Portland day in more ways than one.

And it also seems that “can’t get funded in Portland” argument continues to spring leaks in 2010. First, Urban Airship found funding. And now Portland-based ShopIgniter—an open source ecommerce platform that’s betting on social media as the next big retail venue—has secured $3 million in venture capital led by Madrona Venture Group. What’s more, it says just as much that former Yahoo! Matt Compton of Madrona was so impressed, he’s decided to join ShopIgniter as the new CEO. Read More

%d bloggers like this: