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Amazon Web Services

Amazon Web Services (AWS) is a division of a public company that provides cloud computing, infrastructure, enterprise software and AI/ML...

Facts

Sectors
Cloud computing, Artificial intelligence, Infrastructure, Marketplace
Founded
2006
Stage
Public

Chronosphere raises $200M Series C led by General Atlantic, valuation tops $1B

Chronosphere, founded in 2019 by former Microsoft and Uber engineers Martin Mao and Rob Skillington, raised $200 million in a Series C led by General Atlantic, valuing the company above $1 billion. The cloud-native data observability startup has grown ARR 9x in 2021, has 80 employees (plans to add 35), and has raised $255 million total.

Madrona leads $1.5M round for Battlesnake, the competitive coding game with a 10,000-developer community

Battlesnake, a Victoria, B.C.–based company that runs a competitive coding game used by mid-career programmers to experiment with new technologies, raised $1.5 million led by Seattle’s Madrona Venture Group to expand its reach. The community grew to about 10,000 developers after moving online during the pandemic and has hosted events including an AWS internship tournament.

Microsoft acquires Seattle AI spend-analysis startup Suplari, to integrate with Dynamics 365

Microsoft has acquired Seattle startup Suplari, which uses AI to analyze procurement and spending data and manages over $180 billion in spend; Suplari’s Spend Intelligence Cloud will remain available to existing customers and will be paired with Microsoft Dynamics 365. Terms were not disclosed; Suplari — a 40-person company founded in 2016 that raised $18 million — provides AI-driven cost-savings and risk insights across enterprise systems.

Ben Gilbert of PSL and 'Acquired' on the red-hot market for IPOs, VC and acquisitions

Another day, another deal. Keeping up with the flurry of acquisitions, IPOs, SPACs and venture capital these days is no easy task. In fact, IPO dollar volume for 2021 has already reached $171 billion, surpassing the record totals of last year. Same goes for mergers and acquisitions, with record levels of deal activity tracked for 2021. The money is certainly flowing. Washington state now boasts 11 "unicorns" — privately held companies boasting valuations of $1 billion or more. Many of them — such as Highspot, Zenoti and Outreach — have raised venture capital rounds of $150 million or more in…

Amazon Veteran Dorothy Li Named CTO of Convoy; Will Lead Engineering for Digital Freight Network

Dorothy Li, a 23-year Amazon veteran who helped launch products from Prime to Kindle, has been named CTO of Seattle-based trucking startup Convoy and will lead engineering for its digital freight network. Convoy, valued at $2.7 billion after a $400 million raise in November 2019, reports triple-digit year-over-year revenue growth and a network of over 67,000 carriers and 300,000 trucks.

Videon raises $7.3M Series A led by Voyager Capital, hires Rob Green as Seattle-based CEO and opens co-HQ

Videon raised $7.3 million in a Series A led by Seattle-based Voyager Capital, hired Seattle-based tech veteran Rob Green as CEO, and will shift part of its operations from State College, Pennsylvania to open a co-headquarters in Seattle. The 44-employee company provides edge video compute hardware and ultra-low-latency live-streaming solutions used across 19+ countries and plans to expand leadership, engineering, marketing, and sales with the new funding.

Esper raises $30M Series B led by Scale Venture Partners to expand DevOps platform for Android IoT fleets

Seattle-based Esper raised $30 million in a Series B led by Scale Venture Partners to expand its DevOps platform for managing fleets of company-owned Android IoT devices; the 100-person startup says revenue, customers and device installs surged in 2020. Total funding to date is $40.6 million and Esper targets industries using point-of-sale tablets, connected fitness gear and kiosks.

Rainway CEO Andrew Sampson says Rainway tech powers PC and iOS web versions of Microsoft’s Project xCloud and will pivot to virtualized browser apps

Seattle startup Rainway, co-founded by CEO Andrew Sampson, powers the PC and iOS web versions of Microsoft’s Project xCloud and is pivoting from gaming to a virtualized app platform for running powerful desktop applications in browsers. The 15-person company remains independent, has turned down acquisition offers, and aims to compete with Google’s web app offerings.

Startup Haven launches Startup Haven Ventures, adds Westerdal, Yu and Mbemba; PSL promotes three; Adam Selipsky named AWS CEO

Startup Haven, founded by Bob Crimmins, launched Startup Haven Ventures and expanded its team to include Jay Westerdal, Arry Yu and Claudius Mbemba; the fund targets pre-seed, capital-efficient companies with a Pacific Northwest focus and made its first investment in Verdi. Seattle’s Pioneer Square Labs promoted Palvi Mehta, David Zager and Ben Gilbert; separately, Tableau CEO Adam Selipsky will become AWS CEO, replacing Andy Jassy.

Jungle Scout raises $110M and acquires Seattle Amazon-ad startup Downstream, adding its 11-person team

Jungle Scout, an Austin-based company serving Amazon sellers, raised $110 million and announced the acquisition of Seattle startup Downstream, which provides Amazon advertising recommendations and will join Jungle Scout with its 11-person team; terms were not disclosed. Downstream, founded in late 2017, has 5,000 customers, >200% year-over-year revenue growth, and has raised $5 million from multiple investors.

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