Tag: million

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

Portland startup Simple acquired by BBVA for $117 million, ramping up hiring

What started with “building a bank that doesn’t suck” has resulted in building a product offering that has gotten sucked up by a bank. Portland startup Simple has been acquired by global banking presence BBVA for a reported $117 million. Read More

Run the race you want to run: Athletepath lands nearly $1 million in additional funding

One of the things I’ve always appreciated about the startup scene is that there are any number of paths to success. It’s all about having an objective in mind. And running the race you want to run. And Portland’s Athletepath has been doing just that. Read More

Bulking up the 800 lbs gorilla: Social login juggernaut Janrain lands $33 million to accelerate growth

Confirming the rumors that started swirling last week, TechCrunch and The Oregonian confirmed that Portland’s Janrain had closed a $33 million round of funding, led by Millennium Technology Value Partners. Read More

Could have foretold this one: Portland Seed Fund alum 4-Tell snags $1 million round

And the hits just keep on coming.

Fast on the heels of Portland Seed Fund alum Vizify closing a round, PSF alum 4-Tell announced today that they had closed a $1 million round. Erik Siemers at the Portland Business Journal broke the news. 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

NetPayment nets $1.1 million in funding, led by Intuit

It’s always nice to write about someone new getting funding in Portland. Especially when it’s a company you might not know.

Meet NetPayment, a company that relocated to Portland, plans to stay in Portland, and has recently disclosed $1.1 million in funding. Read More

OpenSesame unlocks $2 million in funding

Online learning company OpenSesame has found itself with a bit more tuition to spend.

You see, the Portland-based company just added to its Angel Oregon earnings, rounding it to an even $2 million in funding. Read More

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

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