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6sense Raises $27M to Uncover Hidden Interests of B2B Buyers

Let’s say you’re wondering whether another software provider could do a better job for your business than the one you already use. You start a web search on its competitors. Suddenly, you get a friendly message from your current software provider, asking how things are going.Was it a sixth sense? Nope, as you can probably guess by now. It’s technology.Companies such as 6sense are using advanced data analytics and artificial intelligence software to help their customers find early signals of int...
Tags: Deals, Startups, Mobile, Internet, Entrepreneurship, Funding, San Francisco, Trends, Tech, Cisco, Web, It, Vc, Artificial Intelligence, Software, Fundraising


Show Me The Money: Seattle’s Showdigs Gets $3M for Real Estate Tools

Showdigs, a Seattle-based startup developing software to help prospective leasers schedule tours of apartments property managers have for rent, says it has raised $3 million in new funding to support its continued growth.A local investor, Bellevue, WA-based Trilogy Equity Partners, led the seed funding round, Showdigs says in a news release.Showdigs’ location-based tools allow apartment hunters to book showings on their own, which it says can lead to time savings for people who work in leasing ...
Tags: Deals, Startups, Real Estate, Trends, Tech, Vc, Software, Seattle, Zillow, On-demand Economy, Gig Economy, Redfin, Real Estate Agents, National blog main, Seattle blog main, Seattle top stories


Lyft, Uber, and the Changing Disclosure Rules For Unicorn IPOs

When a much-watched tech company such as Lyft, Uber, or Pinterest files for an initial public stock offering, people eagerly scour the sudden trove of information that such a private business must finally disclose when it begins to offer shares to the general public, rather than only to sophisticated inside investors such as venture capital firms.For newly public company Lyft, (NASDAQ: LYFT) though, the IPO disclosure requirements were significantly lower than they would usually be for business...
Tags: Deals, Startups, Transportation, Mobile, Lyft, Uber, Hardware, Pinterest, Internet, Entrepreneurship, Ipo, Funding, San Francisco, Trends, Tech, Financial Crisis


WI Watchlist: DotCom Therapy, Nordic, UWM, Epic

It’s time to catch up on recent happenings in Wisconsin’s innovation community:—Madison-based telemedicine startup DotCom Therapy named Sanaz Cordes as its chief executive and said it raised an undisclosed amount of funding from HealthX Ventures, a local venture firm that backs healthtech companies. Cordes is a physician and former chief operations officer of another Madison-based healthtech startup, Healthfinch.DotCom Therapy develops software to connect patients with remotely located therapis...
Tags: Deals, Startups, Mobile, Apps, Education, Trends, Tech, Web, Development, It, Vc, Software, Healthcare, Coding, Wisconsin, Ey


VC Trends in 2019: More Money, Fewer Deals But Women Still Get Less

If you’ve been following venture capital trends, what you expected to happen in the first quarter of 2019 did: More money is being invested in fewer deals, and women founders still are getting less of it than men.Venture firms sent $32.6 billion into startups nationally during the first three months of 2019, the second largest amount for any quarter since at least 2006, according to data released overnight by PitchBook and the National Venture Capital Association. But that large sum came from o...
Tags: Deals, Startups, Lyft, Uber, Hardware, Entrepreneurship, Softbank, Funding, Women, Trends, Tech, Vc, Software, Physics, Pwc, Venture Capital


Lear to Acquire Seattle Connected Vehicle Tech Firm Xevo For $320M

Lear Corp., a Southfield, MI-based manufacturer of car seats, automotive electrical systems, and other products, announced Tuesday it has agreed to acquire Xevo, a Seattle-based developer of connected vehicle software, for $320 million.Lear (NYSE: LEA) has been in business for over a century, and says its products are used by nearly every major automaker. The company’s sales were $21.1 billion last year. Lear says it has about 169,000 employees across 257 locations in 39 countries.Xevo, in turn...
Tags: Deals, Startups, Cars, Trends, Tech, Software, M&a, Autos, Lea, Seattle, Connected Vehicles, Acquisitions, Southfield, Lear, Lear Corp, John Absmeier


Seattle Venture Capital Watch: Crelate, Cyemptive, Blue Canoe & More

Businesses developing software to assist recruiters, corporate IT departments, and people learning to speak English are among the Seattle-area companies that have in recent weeks raised new funding from investors. Let’s catch up on some of the Emerald City Deals action.—Crelate Talent, which is developing recruiting software used by staffing agencies, executive search firms, and other organizations, raised more than $5.3 million in equity funding from 22 investors, according to an SEC filing. O...
Tags: Amazon, Deals, Startups, Apps, Nsa, Trends, Tech, Recruiting, It, HR, Cybersecurity, Vc, Software, Language, SEC, Seattle


Lyft Raises $2.2B in IPO, Pegging Valuation at Over $24B

Investors eager to bet on the mobility industry’s future handed ride-hailing company Lyft $2.2 billion in new capital Thursday as the company completed an IPO that set its market capitalization at $24.3 billion, The New York Times reported.Lyft sold 30.8 million shares at $72 apiece, according to Renaissance Capital—the top of a new range that Lyft originally set at $62 to $68. The company was valued at $15.1 billion at the time of its last fundraising in mid-2018.Lyft’s pricey showing rivals A...
Tags: Deals, Startups, Mobile, Lyft, Uber, Hardware, Marketplace, Pinterest, Entertainment, Internet, Entrepreneurship, Funding, US, San Francisco, Trends, Tech


Xealth Gets $11M, Aims to Be Surescripts of Digital Health Services

Doctors prescribe all sorts of things for their patients, like drugs, medical procedures, and changes to diet and exercise regimen. Prescribing a software application—one that helps a patient manage diabetes, for example—may sound futuristic to some people. But to Mike McSherry, CEO of Xealth, a Seattle-based startup that announced $11 million in new funding Wednesday to help fuel its continued growth, prescribing digital products and services is where the healthcare industry is headed.“We let ...
Tags: Deals, Startups, Medicine, Trends, Tech, Vc, Software, Diabetes, Epic, Healthcare, Health Records, Novartis, Philips, Seattle, Digital Health, Electronic Health Records


Slowdown or not, China’s luxury goods still seeing high-end growth

Despite well-documented concerns over an economic slowdown in China, the country’s luxury goods market is still seeing opulent growth according to a new study. Behind secular and demographic tailwinds, the luxury sector is set to continue its torrid expansion in the face of volatility as it’s quickly becoming a defensive economic crown jewel. Using proprietary analysis, company data, primary source interviews, and third-party research, Bain & Company dug into the ongoing expansion of China’s hig...
Tags: Social, TC, Ecommerce, Asia, Shopping, Advertising Tech, Government, China, Study, Tech, Research, Economy, Policy, Software, Report, Alibaba


New Funding for Workplace Software Firms Skedulo and Scope AR

Two young San Francisco companies on Wednesday announced fundraisings to bolster their online services aimed at improving workforce efficiency.—Skedulo, which helps managers schedule assignments for field service personnel, says it raised $28 million in a Series B funding round led by M12, Microsoft’s corporate venture arm. Joining in the round were previous investors Blackbird, a venture capital firm based near Sydney, Australia, and Palo Alto, CA-based Costanoa Ventures. M12 principal Priya S...
Tags: Deals, Startups, Mobile, Microsoft, Workplace, Internet, Entrepreneurship, Funding, San Francisco, Trends, Tech, Unilever, Web, It, Vc, Software


WI Watchlist: Foxconn Fund, UW Accelerator, MSOE A.I. Hall & More

It’s time to catch up on Wisconsin innovation news:—Jason Franklin will manage the Wisconn Valley Venture Fund, a $100 million fund formed last August by Foxconn Technology Group and three leading Wisconsin businesses and organizations: Advocate Aurora Health, Northwestern Mutual, and Johnson Controls (NYSE: JCI). Foxconn, a Taiwanese manufacturing giant, has said it’s building a massive (and controversial) electronics factory in southeastern Wisconsin.Franklin is a University of Wisconsin-Madi...
Tags: Deals, Startups, Education, Trends, Tech, It, Vc, Software, Healthcare, Nvidia, Wisconsin, Silicon Valley, Andreessen Horowitz, Cleantech, Foxconn, Life Sciences


Bright Cellars Uncorks $8.5M Round for Wine Subscription Service

A few years ago, the frothiest market in tech was arguably startups selling subscriptions to boxes of curated goods, such as clothing, beauty products, and food, which would arrive on customers’ doorsteps each month.The buzz around this area of e-commerce may have subsided a bit, but there are still a ton of box subscription startups plugging away. One of them, five-year-old Bright Cellars, apparently has amassed enough traction to score a fresh round of venture funding. The Milwaukee-based sta...
Tags: Deals, Startups, Milwaukee, Trends, Tech, Mit, Vc, Software, Aol, Wisconsin, Revolution Ventures, Steve Case, National blog main, Boston blog main, Xperience, San Francisco blog main


Knock Nabs $10M in Bid to Become the Opentable of Apartment Leasing

People in the market to rent an apartment have plenty of options for contacting property managers, from phone calls to e-mail messages and live chats hosted on their websites. A Seattle-based startup, Knock, says it can help managers track the range of these communications with prospective tenants by storing them on a single digital platform.On Thursday, Knock announced it has raised $10 million to support its continued growth. Madrona Venture Group, which is also headquartered in Seattle and h...
Tags: Deals, Startups, Real Estate, Renting, Housing, Trends, Tech, Vc, Software, SaaS, Apartments, Seattle, Rentals, Madrona Venture Group, Opentable, Property Management


WI Watchlist: Kauffman Ranking, Driverless Shuttles, Space Research

Here are some of the latest headlines from Wisconsin’s innovation community:—Well, it’s not last place, but it’s still not a great showing for Wisconsin in the latest assessment of entrepreneurial activity in each state by the Ewing Marion Kauffman Foundation. Wisconsin ranked 45th in the foundation’s “early-stage entrepreneurship index” , which examined a variety of data from 2017. The index is a modified version of the group’s annual national entrepreneurship report, which went on hiatus las...
Tags: Deals, Startups, Space, Jobs, Entrepreneurship, Trends, Tech, It, Nasa, Vc, Software, M&a, Wisconsin, Autonomous Vehicles, Self-driving Cars, Driverless Cars


With New Cash, iUNU to Help More Greenhouses Monitor, Manage Plants

People in the Pacific Northwest who grow plants in greenhouses and nurseries face good odds of turning a profit on their 2019 harvests, according to Spokane, WA-based Northwest Farm Credit Services, which supports farmers, ranchers, and other agribusiness in the region.This positive outlook comes thanks to steady demand for crops, a strong U.S. economy, and a booming housing market, and the trend could even compel some greenhouse operators to invest in new equipment and technology. One startup ...
Tags: Deals, Startups, Trends, Tech, Vc, Software, Agriculture, Seattle, Pacific Northwest, Farms, Agtech, Greenhouse, Spokane WA, National blog main, Seattle blog main, Seattle top stories


Cybersecurity on Tap: Agenda for Cyber Madness in Boston April 8

When it comes to cybersecurity, no one has all the answers. The best anyone can do is try to fend off cyber attacks with the latest technology and strategies, learn from their successes and failures, and maybe even share their experiences for the benefit of others.That last point is the goal of “Cyber Madness: Case Studies in Security,” a half-day forum Xconomy will host April 8 at EY’s offices in Boston’s Back Bay neighborhood. We’re assembling leading cybersecurity experts from New England an...
Tags: Deals, Startups, Mobile, Apps, Internet Of Things, Boston, Connected Devices, Trends, Tech, It, Cybersecurity, Vc, Software, Healthcare, M&a, Iot


Scaleworks Adds $80M for Second “Venture Equity” Investment Fund

San Antonio—[Updated 12:32 p.m. See below.] Scaleworks has raised $80 million to acquire more startups, three years after Lew Moorman and Ed Byrne founded the business as a “venture equity” investment shop.Scaleworks branded its investment style as a mix of private equity and venture capital because it buys its targets outright like a private equity shop and will invest additional capital if needed to help a business grow, like a VC firm. The San Antonio company has been buying software-as-a-se...
Tags: Apple, Deals, Google Drive, Cloud, Facebook, Texas, Microsoft, Developer, Cloud Computing, Disney, Sale, Trends, Investing, Development, It, Vc


WI Watchlist: Rockwell, Wellbe, Generac, API Healthcare & More

Here’s a roundup of recent news from Wisconsin’s high-tech industries:—Rockwell Automation (NYSE: ROK), the Milwaukee-based seller of hardware and software that enables industrial automation, is forming a joint venture with Houston-based Schlumberger (NYSE: SLB), a maker of products for drilling and other tasks in the oil and gas industry. The new venture, called Sensia, plans to sell software-based automation products and services aimed at helping oil and gas customers improve their operationa...
Tags: Deals, Startups, Internet Of Things, Fashion, Ge, Milwaukee, Connected Devices, Trends, Tech, It, Vc, Software, Healthcare, M&a, Wisconsin, Iot


WI Watchlist: FluGen, Propeller Health, Gener8tor, EnSync

Here are some of the latest headlines from Wisconsin’s innovation community:—FluGen, a Madison-based company trying to develop a universal influenza vaccine, topline, preliminary data from a Phase 2 study that demonstrated its M2SR vaccine proved effective in countering a “mismatched” flu virus.The flu virus that makes its rounds each year doesn’t always match the viral strain contained in the annual vaccines administered to people, reducing their effectiveness. FluGen is trying to commercial...
Tags: Deals, Startups, Mobile, Apps, Internet Of Things, Connected Devices, Trends, Tech, It, Vc, Software, Healthcare, Wisconsin, Orion, Flu, Vaccine


Providence St. Joseph Acquires Seattle Blockchain Startup Lumedic

Providence St. Joseph Health said Monday it has acquired Lumedic, a startup developing blockchain-based software aimed at improving how healthcare providers bill for care and manage reimbursements from insurers.The deal, which Providence did not disclose the terms of, marks a rapid path from launch to exit for Seattle-based Lumedic. Michael Nash, the company’s founder and chief product officer, published a Medium post announcing Lumedic to the world just seven months ago.Providence, headquarter...
Tags: Deals, Startups, Trends, Tech, Vc, Software, Bitcoin, Healthcare, Seattle, Blockchain, Providence, Michael Nash, National blog main, Seattle blog main, Seattle top stories, Renton WA


KenSci Gets $22M for Tools to Help Hospitals Flag High-Risk Patients

Transitioning an elderly patient to palliative care can be a difficult decision for caregivers, but it’s one that families and clinicians across the globe make every day. Seattle-based KenSci contends that technology can help all parties make better, more informed choices.The startup’s software has gained traction in hospitals, where KenSci says crunching patient mortality data leads to healthcare savings. Now KenSci has $22 million in new funding to support its growth.The company’s latest roun...
Tags: Deals, Startups, Cloud, Microsoft, Kaiser Permanente, Trends, Tech, Vc, Software, Healthcare, Venture Capital, Machine Learning, Ibm, Ai, Seattle, Ibm Watson Health


Foot Traffic Startup Scraffic Mulls New Funding, Machine Learning

San Antonio—Scraffic, a small startup that helps retailers count foot traffic in their stores, has gone international.The San Antonio-based business, which has four employees, now has customers in the Philippines, Spain, Portugal, and Canada, as well as users in the U.S. Scraffic found opportunity to expand in international markets like the Philippines because there are fewer competitors, says Ryan Ward, Scraffic’s chief operating officer. Founded in 2016, the company’s price point helped, too:...
Tags: Startups, Texas, Technology, Shopping, Trends, Startup, Tech, Spain, Software, Camera, Canada, Philippines, Portugal, Retail, Machine Learning, Software Development


Q&A: PetDesk CEO Taylor Cavanah on Building a ‘Slower-Growth’ Startup

Taylor Cavanah, whose background is in physics, once caused a fellow scientist to do a spit take after learning Cavanah runs a software startup focused on pet care.Just as surprising is the tale of how Cavanah and co-founders Ken Tsui and Aaron Bannister built the San Diego, CA-based company, called PetDesk. It sells online tools for veterinarians looking to automate appointment requests and marketing messages, and offers a free mobile app allowing pet owners to schedule visits and complete oth...
Tags: Deals, Startups, New York, Entrepreneurship, Funding, Trends, Tech, Software, SaaS, Venture Capital, San Diego, Silicon Valley, Financing, San Diego CA, PeakSpan Capital, National blog main


Packers, Microsoft Play to Green Bay’s Strengths With TitletownTech

As Jill Enos tries to improve the environment for entrepreneurs in Green Bay, WI, she says she has studied how communities such as Boulder, CO, Kansas City, MO, and Wilmington, NC, have attempted to build startup hubs.The key? Don’t try to be something you’re not.That means, for example, focusing on sectors that have been historical drivers of the local economy and that have an established local talent pool, and trying to nurture new technology-enabled ventures that cater to the region’s needs,...
Tags: Deals, Startups, Media, Microsoft, Environment, Sports, Trends, Supply Chain, Tech, Water, It, People, Vc, Software, Incubator, Healthcare


WI Watchlist: Foxconn Jobs, Marquette Esports, Rockwell Deal & More

It’s time to catch up on some recent headlines from Wisconsin’s innovation community, including the launch of a varsity esports program at Marquette University and American Family Insurance’s vague plans for a downtown Milwaukee office that will invest in technology initiatives. Read on for details.—Foxconn Technology Group, the Taiwanese electronics manufacturer that is building a massive plant in southeastern Wisconsin that could eventually employ 13,000 people, missed its hiring goal in 2018...
Tags: Deals, Startups, Internet Of Things, Jobs, Milwaukee, Trends, Tech, Vc, Software, M&a, Wisconsin, Scott Walker, Tax credits, Iot, Esports, Hiring


Sigma IQ Nabs $3.5M to Save Bean Counters Time on End-of-month Tasks

Businesses nearing the end of a financial reporting period roll up their sleeves for the task of reconciling the books, with accounting and finance teams responsible for making sure everything adds up the way it should. A Seattle software startup, Sigma IQ, believes it can make this process, which involves validating an organization’s financial accounts by checking that their balances are correct, cheaper and less error-prone for mid-sized and large businesses.Sigma IQ, which was incubated in t...
Tags: Deals, Startups, Microsoft, Finance, Trends, Tech, Vc, Software, Paul Allen, Seattle, Accounting, Oracle, B2b, Enterprise Software, Vulcan, Vulcan Capital


EBSCO Health Buys HealthDecision to Push Joint Decision-Making Tools

Cardiologist Jon Keevil’s decision three years ago to hang up his stethoscope and focus full time on his digital health startup, HealthDecision, seems to have paid off.His startup was just acquired by EBSCO Health, a business of Ipswich, MA-based EBSCO Information Services, which provides libraries with access to research databases, e-books and e-journals, magazine subscriptions, and other content and services. The firm’s healthcare business sells digital versions of clinical books and medical ...
Tags: Deals, Startups, Trends, Tech, It, Vc, Software, Ebsco, Healthcare, M&a, Wisconsin, Premier, Elsevier, Digital Health, Healthtech, EBSCO Information Services


Access HealthNet Snags $1M to Help Lower Employers’ Healthcare Costs

Access HealthNet, a startup developing software designed to help employers save money on their workers’ healthcare, has raised $1 million in debt funding from a dozen investors, according to a securities filing.Wauwatosa, WI-based Access HealthNet works with its business clients to help them find the lowest prices for common medical procedures. Specifically, the digital tools the startup is developing help users determine, among all the healthcare providers covered under an employee health plan...
Tags: Deals, Startups, Trends, Tech, Vc, Software, Healthcare, Wisconsin, Healthtech, Exabyte, National blog main, Wisconsin blog main, Wisconsin top stories, BrightStar Wisconsin Foundation, HealthNet, Wauwatosa WI


Plymouth Growth Partners Backs Fort Wayne’s Allied Payment Network

Plymouth Growth Partners has made another investment in an Indiana tech company.The Ann Arbor, MI-based venture capital fund has invested an undisclosed amount in Allied Payment Network, which is located in Fort Wayne, IN. Plymouth partner Jeff Barry says the deal was valued in the “multi-millions.” Barry will join Allied’s board as part of the deal.Allied is a financial technology company perhaps best known for marketing Picture Pay, software that allows users to take a photo of a bill or invo...
Tags: Deals, Startups, Entrepreneurship, Trends, Indiana, Vc, Software, Venture Capital, Plymouth, Detroit, Barry, Fintech, Financial Technology, Fort Wayne, National blog main, Detroit blog main



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