Portland

17 posts

6 finalists selected for Prosper Portland’s ‘In the Running’ pitch competition

Credit: Clare Duffy, Portland Business Journal Six entrepreneurs looking to carve out their place in the consumer goods industry were selected last week as finalists for the In the Running pitch competition. The competition, hosted by Prosper Portland and the Oregon Angel Fund, will give the finalists a chance to […]

Portland logistics startup raises $5M

Credit: Malia Spencer, Portland Business Journal Portland-based Fleet Logistics Inc. has raised another $5 million from investors, according to documents filed with the Securities and Exchange Commission. The young company made news last spring when it secured a $4 million seed round led by Texas-based Hunt Technology Ventures. Fleet declined to comment […]

Portland startup’s technology lands in Netgear routers

Credit: Malia Spencer, Portland Business Journal A partnership between Portland’s Circle Media Labs Inc. and networking company Netgear Inc. could dramatically increase the Portland startup’s reach almost overnight. Circle’s technology — sold as Circle with Disney — will now be available on two of Netgear’s home networking devices. Those buying two of Netgear’s popular […]

Portland smart home startup lands Intel Capital backing

Credit: Malia Spencer, Portland Business Journal Intel Capital has invested more than $1 million in Portland smart home technology maker Iotas. The money will allow the company to continue to expand its engineering team. Iotas offers smart home technology for the rental market. Its hardware and software allows renters to create profiles […]

Microsoft Ventures launches global AI startup competition with top VC firms

Credit: Geekwire, Taylor Soper In the latest sign of Microsoft’s continued investment in artificial intelligence, Microsoft Ventures announced today that it is teaming up with three venture capital firms from Seattle, London, and Israel to host a global competition for startups building AI-related technology. Called Innovate.AI, the new competition invites companies to […]

Johnson & Johnson acquires Portland startup, Sightbox

Credit: Geekwire, Taylor Soper Only two months after raising a $2.4 million funding round, Sightbox has been acquired. The Portland-based startup just sold to healthcare giant Johnson & Johnson and its Vision Care operating company. Terms of the deal were not disclosed; Sightbox will continue operating as a separate business. Founded in 2015 […]

Beaverton, Oregon incubator has far reach

Credit: Pamplin Media Group, Beaverton Valley Times, Mandy Feder-Sawyer Interest about a Beaverton program was recently noted by a group from the Middle-East that would like to use the program as a model. The Oregon Technology Business Center Virtual Incubation Program, supported by the city of Beaverton, welcomed a delegation […]

Venture capital investing is on the decline. Here’s why Portland shouldn’t worry (Interactive map)

Credit: Portland Business Journal, Jeff Jeffrey Venture capital spending continues to lag behind the record activity of recent years, but startups needn’t worry; industry analysts say there’s still billions in dealmaking still to be done. VC firms invested roughly $38 billion in startups and other early-stage companies during the first […]