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Tag: million

More than just money: Lytics $35 million Series C has additional upside for the Portland startup community

As always, I’ll start this with the caveat that I promised Bill Lynch, cofounder of Jive, that I wouldn’t just write posts that celebrate funding for the sake of funding. Which is actually more work. (Thanks, Bill.) But in the long run, I’m hoping my bag-full-of-cats startup-history brain full of tangential facts and likely little known context can be helpful in providing a broader picture of why these funding events are important.

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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

MergerTech stands up MergerTech Capital, a $50 million fund for healthcare IT startups

For all of the good things happening in the Portland startup scene, there’s one area where we’re clearly still maturing: successful exits which result in capital reinvested in the startup community.

But we’re beginning to see glimmers of hope. Like Nitin Khanna, CEO of MergerTech who—following a successful exit from Saber in 2007—has begun to invest capital in a number of early stage startups here in Portland. Read More

Oregon Angel Fund invests in local mobile: Meridian lands $1 million in seed funding

It’s not often you see local money investing in local tech. It’s even more rare that local money decides to bet on mobile tech.

That’s why I’m incredibly pleased to share that the Oregon Angel Fund and the Bellingham Angels Group have decided to invest $1 million in Meridian, a Portland company that helps you find your way around large venues using your mobile device. Read More