Jintronix, a company that designs medical software for physical and cognitive rehabilitation, has secured seed capital and is relocating the company’s headquarters from Montreal, Quebec to Seattle, Washington. The financing round was led by Madrona Venture Group.
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AppNexus has appointed two new board members Brian McAndrews, former CEO of aQuantive and Edwin J. Gillis, former executive advisor to Skype. McAndrews is a venture partner with the Madrona Venture Group and is also on the boards of portfolio company AdReady, The New York Times Company, Clearwire Corporation, Fisher Communications and Seamless.
ThisLife has secured a $2.75 million financing round, led by Madrona Venture Group. ThisLife is a service for storing, organizing, viewing and sharing photo and video collections designed specifically for families and photo enthusiasts. PRESS RELEASE ThisLife, the most simple and elegant service for storing, organizing, viewing and sharing photo and video collections, today announced [...]
Seattle-based W Fund, a $20 million, university-focused fund that officially closed on May 31, officially launched today, according to its managing directors. The fund aims to back startups spun out of the University of Washington and other state research institution and its decisions will be made by an investment committee that Tom Alberg and Greg [...]
Seamless, a privately-owned online service for ordering delivery and takeout food has appointed Brian McAndrews to the company’s board of directors. McAndrews is a venture partner with Madrona Venture Group. PRESS RELEASE Seamless, the leading mobile and online service for ordering delivery and takeout food from more than 9,500 restaurants in the US and UK, [...]
Seattle-based Rover.com has closed on $3.4 million in Series A financing. Madrona Venture Group led the round, with CrunchFund and other angel investors participating. Rover.com is an online marketplace that connects dog owners with local dog sitters. PRESS RELEASE Rover.com, an online marketplace connecting dog owners with local dog sitters, announced a $3.4 million Series [...]
Apptio, a five-year-old, Seattle-based company that sells enterprise software as a service to manage IT and operations at large companies, has closed a $50 million Series D round led by T. Rowe Associates. Existing investors Andreessen Horowitz, Greylock Partners, Madrona Venture Group and Shasta Ventures also participated in the financing, which brings Aptio’s funding to date [...]
Z2Live, a creator of free-to-play social games for mobile devices, has acquired Big Sandwich Games, an independent game development studio based in Vancouver, BC. Led by game industry professionals Glenn Barnes and Tyler Sigman, the Big Sandwich Games team will create the foundation of the newly formed Z2Live Games Vancouver. Founded in 2009, Z2Live is [...]
Online hotel booking site Off & Away has been acquired by discount online retailer Lockerz. This provides an exit for investor Madrona Venture Group. PRESS RELEASE Off & Away closing its doors To all of our awesome and faithful customers, today marks an important day for Off & Away. Our company has been purchased by [...]
(Reuters) – The transformation of Seattle’s South Lake Union district stands as a metaphor for this city’s emergence as what some would argue is the West Coast’s second most important hub of technology and entrepreneurship. Many of the glass and steel buildings were built by Paul Allen, the second-richest — behind Bill Gates — of [...]