Credit: ARM Community Blog
Driven by 17+ billion Arm-based processors sold last year and an updated brand, Arm sees Seattle region as key to future of AI.
Arm is pleased to announce the opening of our Seattle office. Recently, we celebrated the one-year mark since Arm officially became part of the Softbank Group. Since then, we’ve delivered new products with an ever-expanding list of partners who, cumulatively, have now shipped more than 100 billion Arm-powered chips. Not to mention, more than 1,000 people have joined Arm and we’re continuing to build the team across the globe.
Just this spring, we announced DynamIQ and the Arm Compute Library which has already opened new doors for the potential of AI applications to be developed on Arm technology. Part of Arm’s great success is due to our focus on side by side collaboration with our customers and partners to drive innovative next generation experiences, which is why we’re pleased to announce the expansion of our presence in the Pacific Northwest with a new office in Bellevue.
Credit: Geekwire, Nat Levy
Pacific Northwest business and political leaders on both sides of the Canadian border announced today a series of agreements to strengthen relationships between Seattle, Portland, Vancouver B.C. and the surrounding areas.
The new partnerships, made ahead of the second Cascadia Innovation Corridor conference in Seattle this week, focus on technology, economic development, education and transportation. Government officials, universities, companies and research institutions are participating in the effort, which is meant to bring together the regions that have a lot in common but are separated by an international border.
Here is a look at some of the new agreements announced ahead of the conference this week:
- One of the most intriguing ideas that came out of last year’s conference was a vision to build high-speed trains that would travel between Seattle and Vancouver in less than an hour. That idea is still alive and well. Microsoft kicked in $50,000 to supplement the state of Washington’s $300,000 budget to study the plan.
- The Global Innovation Exchange, a partnership between the University of Washington Tsinghua University in China, has added a third university to its program: University of British Columbia. The graduate technology school is housed in Bellevue, Wash. and will welcome its first class this fall. Microsoft chipped in $40 million for the school, which will be taught by teachers from UW, Tsinghua and now UBC. Students have the opportunity to spend time at each campus.
- One of the most complicated parts of building a multi-national innovation partnership is financing. The Seattle-Vancouver Financial Innovation Network, with support from Microsoft and Madrona Venture Group, was formed to overcome those issues. The aim is to bring together investors, tech companies and regulators to establish an “international financial center” that makes it easier for investors on both sides of the border to pour money into tech companies.
- Lake Washington Institute of Technology, British Columbia Institute of Technology and Oregon Institute of Technology will come together to build common curriculums and expand professional opportunities for students in the STEM fields throughout the corridor.
- A new startup accelerator program covering Washington, Oregon and British Columbia will include business incubators, accelerators and universities initially with the possibility of adding venture capital firms and other innovation partners.
The inaugural Cascadia conference last year in Vancouver looked at how Seattle and Vancouver could work together to become an innovation hub through sessions on government leadership, education, transportation and investment. This year the scope is broader, including Oregon and representatives of other Northwest institutions. Microsoft has been a driving force in the cooperation between the regions, as well as the Cascadia conference, after opening a big development officein Vancouver last year.
Credit: Geekwire, Taylor Soper
Thunder, a digital advertising startup based in San Francisco, just opened a new office in Portland as it expands its footprint in the Northwest.
The company has three people working out of the new downtown office and picked Portland for its talent pool. Thunder also has an engineering office in Seattle with 22 employees.
Led by CEO Victor Wong, Thunder launched nearly a decade ago. The company, recently named to Forbes’ list of 100 Most Promising Companies, uses automation and AI to help advertisers, agencies, and publishers create custom ads for a variety of devices and formats. It has more than 100 customers, including Time Warner Cable, Hearst, Holiday Inn, and others.
Credit: Geekwire, Tom Krazit
One common thread among emerging enterprise technologies is that early adopters can quickly find themselves flying blind, stuck with monitoring tools that weren’t built with that tech in mind. Serverless development looks like it might turn into one of those technologies, and Seattle’s IOpipe has raised $2.5 million to build out a monitoring tool for developers using serverless techniques.
The seed round was funded by Madrona Venture Group, NEA, Underscore VC, and others. IOpipe, founded by CEO Adam Johnson and CTO Erica Windisich, is a graduate of the New York TechStars incubator and while its eight employees are currently spread throughout the U.S., it plans to grow in Seattle, Johnson said.
Serverless is an exciting concept: yes, servers are still involved, but the technique gets its name from the fact that software developers don’t have to worry about provisioning infrastructure as demand for their app changes. Instead, they write functions, or triggers, that can execute responses to changes based on pre-determined criteria much faster than developers can respond manually.
Pacific Northwest Startup Ecosystems
Learn about Pacific Northwest startup ecosystems – ecosystems we will cover include Eugene, Bend, Portland, Vancouver, Victoria and Anchorage. Topics include:
• Startup and technology initiatives as economic development strategies.
• Regional funding sources for startups raising capital.
• Ecosystem resources including co-working spaces, incubators/accelerators and startup conferences.
This workshop is designed for individuals that are interested in learning about Pacific Northwest startup ecosystems – including entrepreneurs, startup teams, consultants, business coaches, enterprise executives.
Workshop & Networking Objectives:
• Empower you with the tools and resources to expand your network into Pacific
Northwest startup ecosystems.
• Cover regional startup and technology initiatives as economic development strategies.
• Identify regional funding sources for startups raising capital.
• Identify Pacific Northwest ecosystem resources
*Food and drinks provided
Credit: Fortune.com, Clay Dillow
Christy Clark was kind enough not to mention the U.S. or its new President by name—at least not at first. But with talk of “Muslim bans” and H-1B visa restrictions swirling, the British Columbia Premier’s message to companies both Canadian and American was unmistakable: If the U.S. won’t welcome the world’s brightest engineers and programmers, so much the better for Canada.
Credit: Geekwire, Tom Krazit
Identity is the bedrock of so many internet services, both personal and professional. Secure, easy-to-use identity management systems are in high demand by consumer-facing companies that also need to manage their own employee application logins, and Auth0 is ready to go after more of those organizations with new funding.
The Bellevue-based startup just raised $30 million in a Series C round led by Meritech Capital Partners, with participation from Auth0’s existing investors as well as the venture arms of two Asian telecoms: Japan’s NTT DoCoMo and Australia’s Telstra. Auth0 has now raised $53 million in funding to help develop its system for managing logins to both consumer applications and internal corporate systems.
Credit: Portland Business Journal, Malia Spencer
Jama Software opened its first overseas office with a European headquarters in The Netherlands.
The office is in Amsterdam and it will be led by company co-founder Eric Winquist, who has already relocated, according to the company. Winquist was CEO of the company until May 2016 when current CEO Scott Roth was hired.
More good news this morning out of Eugene, Oregon, as Joe Maruschak, Director of RAIN Eugene (Regional Accelerator and Innovation Network) announced the creation of the Coast to Crest (CR2) Investment Fund for Lane County startups.
According to Maruschak, “the entrepreneurial landscape in Lane County is evolving and conditions are right for the establishment of such a fund.”
According the the Register Guard, the fund size is capped at $3 million and will provide seed money for local businesses looking for venture capital.
This is great news for Southern Oregon; it’s been suggested that entrepreneurs and startups in the Eugene market aren’t easily able to access investment capital, primarily because of their “geographic distance from traditional investment centers.”
For more details, go to:
Coast to Crest (CR2) Fund
I’ve got a front row seat to one of the best startup ecosystems in the country. Because I’m not heads down working on my product or service like most Seattle startup founders, co-founders and team members, I’m able to come up for air more frequently. Think of it like this: I’m a UAV watching over Seattle from 25,000ft. That’s the best analogy I could think of…
Take it with a grain of salt, but I’ve got perspective. In the past year, I’ve met over 150 startups from Bend, Oregon to Vancouver, Canada, and everything in between (Portland, Seattle, Kelowna, Montreal). Hell, I probably see more investment opportunities (deal flow) than most local angel investors and/or venture capitalists.
Now that I’ve offered up some background information, let me offer my perspective.
‘The Seattle Startup Ecosystem: Reflections of a Community Manager (Year 1).’
- More collaboration /interaction with/between the Seattle business community at large and the Seattle startup community. There is a gap that exists between startups and companies like Zillow, Expedia, TUNE, Whitepages, Avalara….or mid-market companies. Companies that used to be startups… We can do more to facilitate interactions between startups and the aforementioned companies. (credit: Kathryn Brown) Interested in discussing? Let me know.
- Exposure is not a substitute for paying customers. There is nothing quite like having your startup featured in Xconomy or TechCrunch. But the reality is that exposure is just that. It’s exposure. Being featured on one of the aforementioned media sites is great for brand awareness and recognition, but is it affecting your bottom line? In some cases, yes it is. In other cases, no it isn’t. Don’t mistake exposure for traction. I hear a lot of startup founders and co-founders say ‘We were just featured on X website; we’ve got great traction!’ I also notice this during pitch events – startup founders and co-founders often add the logo of said media site to their traction slide and announce ‘We were just featured on X website; we’ve got great traction!’
- Seattle should learn from the Bend Venture Conference; it can serve as a template for collaboration. I had the pleasure of attending the Bend Venture Conference two weeks ago – a collaborative effort between numerous investment groups including BendBroadband Business, Business Oregon, BVC LLC, Cascade Angels, Craft3, Elevate Capital, Office of the State Treasurer, Oregon Angel Fund, Oregon BEST, Oregon Community Foundation, and Trigen Investments. Over $3,918,000 was awarded in investments and cash prizes, setting a new record for Oregon angel conferences and making it one of the top angel conferences in the country. Can we not do that same in Seattle? In Washington?