Seattle Roundup: Spaceflight Industries, Expedia, Magicflix, & extra
This week, Spaceflight Industries accumulated a big funding round, strengthening every other player in the state’s industrial area trade. in the meantime, startups Magicflix and PatrolTag raised smaller sums; Expedia persisted its spending spree; Avalara picked up belongings from a Brazilian tax firm; Cambia Grove opened its doorways; ChickTech is opening a Seattle chapter; EnergySavvy is collaborating with a competitor, Opower; and new funding is on hand for vitality research. read on for details:
—Spaceflight Industries introduced a $ 20 million sequence B funding round from RRE project Capital and Vulcan Capital to extend its team of workers and grow its business creating, launching, and operating small satellites. The investment, joined by means of Razor’s side Ventures, additional bolsters the commercial space trade in Washington state, which is waiting for important growth with the arrival of SpaceX. Spaceflight Industries contains Spaceflight systems (recognized previously as Andrews house), Spaceflight services, and Spaceflight Networks.
—Bellevue, WA-primarily based Expedia persisted its spending spree, this time via an funding in Latin American-targeted Decolar.com. in addition to a $ 270 million buy of a minority share of Decolar, Expedia says it’ll work more intently with the corporate on resort room provides, deepening a business relationship courting to 2002. The deal follows Expedia’s acquisitions of Orbitz and Travelocity earlier this yr. The three offers, introduced lower than two months aside, are price a combined $ 1.85 billion.
—another week, another acquisition by means of Bainbridge Island, WA-primarily based tax instrument provider Avalara. This time, the corporate scooped up tax content and technology for the Brazilian market from a consultancy based there known as SuitePlus. “Brazilian taxes are one of the vital most complex on the planet for companies to process appropriately and effectively,” says Avalara founder and CEO Scott McFarlane in a news free up. “Our settlement with SuitePlus allows Avalara to deal with this complexity both within and outside of Brazil.”
—The Cambia Grove, a collaboration space for healthcare innovation in Seattle, opened its doors these days. The 9,000-sq.-foot assortment of open workplaces and conference rooms at 1800 Ninth Avenue is meant to be a spot for large healthcare providers and insurers to meet up with smaller firms, entrepreneurs, and traders. We coated the announcement of the project in October.
—Magicflix, which provides a subscription streaming service of secure, curated online video for kids, announced a $ 500,000 funding spherical from traders including Geoff Entress and Andrew Wright. The Techstars Seattle 2014 graduate offers families movies with out promotion or the temptation of the rest of the dirty web just a click on away. It fees $ four.ninety nine a month.
—PatrolTag, a Seattle startup making an cheaper house safety device known as Korner safe for renters and heart-income house owners, says it raised funding from individuals of the Alliance of Angels. CEO Steve Hollis would no longer expose the quantity of the investment. final year, PatrolTag conducted a a hit Indiegogo marketing campaign, attracting $ 420,000 from more than three,a hundred contributors.
—Seattle investors including Founders’ Co-op and Seattle Angel conference invested in San Francisco-based totally mobile advertising startup GlimpzIt. the company introduced a $ 1.1 million seed spherical. It makes a tool allowing marketers to have visual conversations in real-time with shoppers.
—EnergySavvy, a Seattle company making software to assist utilities manage customer relationships and electrical energy demand, says it is going to collaborate with Opower, an Arlington, VA-based totally maker of equivalent device. “with the aid of leveraging the Opower platform, we’re ready to provide buyers with a a lot richer solution on a faster timeline, keeping off the IT possibility utilities confront with other techniques,” says EnergySavvy CEO Aaron Goldfeder in a information unencumber. the companies have some 20 shoppers in standard. additionally, EnergySavvy landed a brand new consumer with American electrical power unit AEP Ohio.
—The Bonneville power Administration, which markets power from federal hydroelectric dams on the Columbia and Snake Rivers and operates the regional electricity transmission grid, has some $ 5 million in analysis funding. The federal company’s administrative center of expertise Innovation is accepting purposes through March 27 for research and construction proposals in areas including “transmission technologies, knowledge intelligence, era asset administration, and subsequent-era vitality effectivity and demand response applied sciences.”
—Portland, OR-based totally ChickTech, which helps girls and women in or making an allowance for technology careers, is opening a Seattle chapter as part of a diffusion plan in order to take the crew to Chicago, new york, and elsewhere in 2015. The inaugural Seattle adventure is ACT-W, a mix profession honest and conference scheduled for may 16 at Zulily. In November, the workforce plans to start its ChickTech: highschool software, which seeks to give a boost to up to a hundred highschool women who’ve the aptitude for science, expertise, engineering, and mathematics careers, however have not but taken good thing about programs on hand to them.
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