3 lessons we learned after raising $6.3M from 50 investors
It was August 2019, and the fundraising process was not going well. My co-founder and I had left our product management jobs at New Relic several months prior, deciding to finally plunge into building Reclaim after nearly a year of late nights and weekends spent prototyping and iterating on ideas.
Phaidra raises more cash from Mark Cuban and others to build the 'future of industrial automation'
New funding: Phaidra, a startup that launched in 2019 and is building AI tech for industrial customers, raised $4 million. The round was led by Seattle-based Flying Fish, which also led the company's pre-seed round in May 2020. Section 32, Character, Starshot Capital, and Dallas Mavericks owner Mark Cuban also invested.
Pizza robot-maker Picnic raises another $16.3M
The events of the past year and a half could well mark the beginning of a sea change for the world of restaurant robotics. The essential industrial was slammed amid the pandemic, leaving many companies searching for a decent automated option that could both keep things running and potentially avoid...
American Airlines Names Adriane M. Brown To Its Board of Directors
American Airlines Group Inc. (NASDAQ: AAL) today announced the election of Adriane M. Brown, 62, to its board of directors. Brown will also serve on the company's Audit and Corporate Governance and Public Responsibility committees.
Banking CIO Outlook
Banking CIO Outlook, is a Banking Technology print magazine, which has created a forum for leaders, that provides knowledge network to keep up with the digital transformation that now defines the banking Industry.
Seattle startup Symbl raises $4.7M from Amazon and others for 'conversational AI' enterprise tech
Symbl has raised more cash to fuel growth of its enterprise software that helps companies transcribe real-time conversations and pull more insights from internal meetings, customer care interactions, sales calls, and more. Crosscut Ventures led the $4.7 million round, which included participation from Alexa Fund, Amazon's voice-focused investment arm.
Vouched raises $3M as pandemic drives demand for its ID verification tech
The pandemic is driving more business for Vouched, a Seattle startup that just raised $3 million to fuel growth. Vouched uses artificial intelligence to help companies verify the identity of their customers, clients and contractors. Its software analyzes images of photo identity documents including passports and driver's licenses.
Picnic Debuts Its Second Generation Pizza Robot
Picnic, the Seattle based pizza robot company, unveiled their second generation pizza robot this week. The new system, which you can see in action in the video below, is a fully customizable assembly line pizza topper machine that features four different modules: sauce, cheese, pepperoni and the "granular" module, which dispenses up to three pre-cut ingredients.
Amazon and Techstars announce inaugural Alexa Next Stage cohort
The Alexa Fund, Amazon's $200 million venture fund for voice-focused startups, and Techstars today revealed the inaugural cohort of companies participating in Alexa Next Stage. Alexa Next Stage, which was unveiled in March, is a pilot accelerator tailored to later-stage companies with a mature product offering and growing customer adoption.
Axon adds Seattle business leader Adriane Brown to board of directors
Seattle venture capital investor and business leader Adriane Brown last week joined the board of directors for Axon, a company that develops body cameras, tasers, and other law enforcement technologies. Brown is a venture partner for the Seattle VC upstart Flying Fish Partners and sits on the board of directors for eBay and the Washington Research Foundation.