{"id":304099,"date":"2010-02-10T19:08:10","date_gmt":"2010-02-11T00:08:10","guid":{"rendered":"http:\/\/www.xconomy.com\/?p=62879"},"modified":"2010-02-10T19:08:10","modified_gmt":"2010-02-11T00:08:10","slug":"a-good-start-wa-companies-raised-57m-in-january-up-from-22m-in-previous-month","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/304099","title":{"rendered":"A Good Start? WA Companies Raised $57M in January, Up from $22M in Previous Month"},"content":{"rendered":"\n
VC<\/a>, deals<\/a>, Internet<\/a><\/div>\n

\t\tGregory T. Huang wrote:<\/strong><\/p>\n

Last month, companies based in Washington state raised a total of about $57 million in venture capital, in eight deals. That’s up from about $22 million in December 2009 (four companies)<\/a>, and $44 million (10 companies) in the month before that<\/a>.<\/p>\n

The VC stats are courtesy of private company intelligence platform CB Insights<\/a>. See the table below for a full list of January venture financings.<\/p>\n

In terms of dollars, the trend is going upward, but it’s notable that only one of the deals was a Series A financing—Seattle-based Exponential Entertainment raising $1.45 million for social gaming services.<\/p>\n

The biggest financing was Bellevue’s Visible Technologies raising a $22 million Series C round<\/a> to expand its global presence in brand monitoring and online reputation management. Next up was DataSphere, also in Bellevue, raising a $10.8 million Series B round<\/a> as it continues to help media companies make money from hyperlocal websites. Interestingly, Bellevue-based Ignition Partners was involved in both financings.<\/p>\n

The venture deals for the month break down pretty evenly by sector: three in Internet, two in healthcare, and arguably three in cleantech—though you could also call Lagotek home automation software, and Verdiem business software.<\/p>\n

All in all, it’s a decent start to the year for Washington state companies. But the innovation community does need some early-stage funding, and it needs it fast. Here is the recap of January 2010 venture deals in Washington:<\/p>\n

.<\/span><\/p>\n

\"Venture<\/a><\/p>\n

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VC, deals, Internet Gregory T. Huang wrote: Last month, companies based in Washington state raised a total of about $57 million in venture capital, in eight deals. That’s up from about $22 million in December 2009 (four companies), and $44 million (10 companies) in the month before that. The VC stats are courtesy of private […]<\/p>\n","protected":false},"author":1747,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,7,10],"tags":[],"class_list":["post-304099","post","type-post","status-publish","format-standard","hentry","category-internet","category-news","category-software"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/304099","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1747"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=304099"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/304099\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=304099"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=304099"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=304099"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}