Techcrunch – Skytap is a service that aims to help dev and test teams in the enterprise work more efficiently (and test their code more often). The company today announced that it has raised a $35 million funding round led by Insight Venture Partners, with participation from all of the company’s previous investors, including OpenView Venture Partners, Ignition Partners, Madrona Venture Group, and Washington Research Foundation.
Bloomberg – Redfin Corp., an online real-estate brokerage, raised $70.9 million in a financing round led by institutional investors Wellington Management Co. and Glynn Capital Management.
Geekwire - Bill Gates and Madrona Venture Group are leading a $15 million investment in a new company called Echodyne, which is developing secretive new radar technology based on artificial materials that can manipulate and control electromagnetic radiation.
Wall Street Journal — Madrona Venture Group has launched an in-house startup studio, Madrona Venture Labs, as a way to formalize the firm’s investments in tech startups that are in the very early stage.
New York Times – Last week, I had a few minutes to kill so rather than blow it on Facebook or Twitter, I made a little cash.
Geekwire – Icebrg.io, a Seattle-based security startup, has raised $2.5 million in a round of seed funding led by Madrona Venture Group, with participation from Formation 8 and other investors. The company was founded by Will Peteroy and Josh Carlson, two security professionals who met while working as a part of Microsoft’s Security Response team.
The New York Times — Dash is a small blue robot that can be programmed to play the xylophone, kick a ball, act like a dog and deliver messages — for instance, a prerecorded rendition of the “Happy Birthday” song. Its head, which spins around, has a single, Cyclops-like eye. Sometimes Dash emits a cheerful chime — a sign that it approves of its programmer’s actions.
Bloomberg — Context Relevant Inc., a maker of software that analyzes data and makes predictions, raised $13.5 million from a group of investors including Goldman Sachs Group Inc. (GS) and Bank of America Corp. to fund expansion.
Bloomberg — Fernleaf green, the color of the walls in my living room, started to look dated ages ago. The baseboards need retouching, and there’s a hole in the drywall near the front door, where movers once bobbled a sofa.
Bloomberg — Former Microsoft Corp. (MSFT) executive Kurt DelBene is joining Madrona Venture Group as a partner where he’ll help the Seattle-based firm identify new investments and work on strategy.
Geekwire — Algorithmia, a Seattle-based startup that wants to build a marketplace for algorithms, has raised $2.4 million in a round of seed funding led by Madrona Venture Group.
Geekwire — David Rosenthal is returning to Madrona Venture Group. Rosenthal, a former investment banker at UBS and a member of The Wall Street Journal’s venture and corporate development group, left the firm two years ago in order to earn his MBA from Stanford University.
re/code — With the July Fourth weekend and summer vacations coming up, the eternal questions arise: How do you package up all those photos and video clips on your smartphone into something that tells the story of a trip or event?
The New York Times — From his ninth-floor office in downtown Seattle, Hewlett-Packard’s cloud computing outpost, Bill Hilf can see the Space Needle, the Pike Street Market and the future of computing.
Ad Age — Placed, which tracks the movements of 175,000 people in the U.S. through their mobile devices, just scored $10 million in a series B funding round.
Skift — The Priceline Group, which is the largest accommodation provider in the world, announced it acquired Buuteeq, a digital marketing platform for hotels.
TechCrunch — In the last quarter, Seattle-based companies raised over $500 million in venture funding — the highest amount raised in a single quarter to date – according to CrunchBase data.
TechCrunch — Seattle-based ExtraHop, a service that offers real-time analytics based on analyzing data right off the wire instead of using software that runs on the server, today announced that it has raised a $41 million Series C round.
GeekWire — Jobaline, a bilingual marketplace that helps businesses hire dishwashers, construction workers, mechanics, landscapers and janitors, has closed a second round of funding totaling $7 million.
Xconomy — Context Relevant has focused its big data analysis software on deep-pocketed financial services firms that are looking for an edge, demand tight security, and are willing to pay for it.
Fast Company — The 28-year-old CEO of Indochino set out to remake the process of buying a suit.
GeekWire — The best and brightest of Seattle’s startup scene filled the EMP Thursday evening, as we welcomed more than 800 of you to honor the region’s top entrepreneurs and companies at the 2014 GeekWire Awards.
GeekWire — Igneous Systems has been operating in stealth mode since the company was formed with a $3 million seed round last fall.
Bloomberg — Employers of Mexican immigrants in the U.S. can have a tough time following the rules. They need to track each employee’s immigration forms, workers’ compensation, labor disputes, health-care options and more.
GeekWire — ith revenues more than tripling last year and new beauty products in the works, Seattle cosmetics and e-commerce powerhouse Julep has raised $30 million in fresh funding.
MarketPlace Tech — In the world of the Internet of Things, every device from your refrigerator to your thermostat seems smart. The idea is, we humans don’t have to set temperatures or see if we’ve run out of milk because the devices will do it for us.
CNBC Live — Anticipating Microsoft CEO Satya Nadella’s first appearance as CEO, with Matt McIlwain, Madrona Venture Group, and CNBC’s Jon Fortt.
GeekWire — With more than 15,000 energetic high school students surrounding her on stage at Key Arena, Julie Sandler offered up a simple question: How many of you have ever had an idea to make the world a better place?
GeekWire — Greg Gottesman’s view on the Seattle City Council 9-0 decision to cap the number of UberX, Sidecar and Lyft drivers on our streets.
The Seattle Times — Seattle-based Rover.com, the online website that connects dog owners with dog sitters, has secured $12 million in its third round of financing, allowing the company to increase its employee head count and expand its products offerings.
Bloomberg TV — Matt McIlwain examines the state of Microsoft and comments from former CEO Steve Ballmer to students at Oxford Union on Bloomberg Television’s “Bloomberg West.”
WSJ — Robot toy company Play-i Inc. has raised $8 million to begin shipping robots and enter the next phase in its quest to teach kindergartners how to code.
GeekWire — My home may be 114 years old, but I remain on a quest to outfit it with the latest in home technologies. I’ve taken a look at the Nest Thermostat and the Nest Protect smoke alarm, so thought I should get in on the first shipment of Wally, the in-home sensor network designed to detect water leaks before they become a huge headache.
GeekWire Radio — Our guest on this week’s GeekWire Radio show is Matt McIlwain, a mainstay of the Pacific Northwest tech community.
GeekWire — It’s only been one week since 30 Zynga Seattle employees were laid off, but one local venture capital firm is already trying to help get the engineers back on their feet.
CNBC Live — Matt McIlwain weighs in on Microsoft’s new CEO Satya Nadella’s leadership capabilities.
PSBJ —Puget Sound Business Journal named Impinj’s Evan Fein 2014 CFO of the Year in the small, private company category. These prestigious awards recognize financial professionals in Washington State for exemplary performance in their roles as corporate financial stewards.
GeekWire — Skytap, a Seattle startup that allows companies to test development environments in the cloud, has raised an additional $6.45 million in series C financing from existing investors.
ABC News — Advertisers pay millions to be in the big game, plus what makes the best ads so memorable.
Re/code — Matt McIlwain on why big market cap technology companies are under siege. IBM just reported its seventh straight quarter of declining sales. And I believe that the value of big cap technology companies as a group will substantially decline in the coming years.
MIT Technology Review — A low-power, multiroom sensor network watches for drips and runs on a coin-cell battery.
Today.com — What’s one way to survive in an economy that’s meaner than a junkyard dog? Be willing to get some fur on your clothes.
Forbes — Mixpo makes the list of Forbes top 100 most promising companies.
Puget Sound Business Journal — If the Seahawks win, Smartsheet gets a shipment of homemade smoked bison. If the Broncos win, Populous gets a shipment of homemade smoked salmon.
GeekWire — With the advent of social media and other technology, brands can communicate with individual customers in more ways than ever. However, one problem is that they either don’t have the tools or simply do not understand how to do so. That’s exactly where Evocalize wants to help.
VentureBeat — Startups are still trying to make it easier — and cheaper — to fill your house with sensors and connected gadgets. One of these startups is Snupi, whose WallyHome system tells users when it detects water leaks in their homes.
Mashable — Lumo BodyTech announced during the 2014 International CE show a small gadget that nudges you to stand up straight.
Marketplace —The Consumer Electronics Show kicks off this week. On view almost 2 million square feet of the latest consumer gadgets and one of this year’s themes is the Internet of Things. Scott Jacobson says a few things are driving this trend.