Amazon Web Services
Facts
- Sectors
- Cloud computing, Artificial intelligence, Infrastructure, Marketplace
- Founded
- 2006
- Stage
- Public
Father-daughters team launches The Chances App to match Gen Z by mutual relationship intentions
Rob Lipschutz and his daughters Vanessa and Noelle launched The Chances App, a social-relationships app designed to help Gen Z connect by matching mutual intentions across nine categories (e.g., Friends, Let’s Study, FWB, Let’s Date) rather than using traditional social or dating app mechanics. Lipschutz, a tech veteran from Bothell, Washington, built the app after seeing his daughters struggle with existing social media while transitioning to college.
Former Amazon executive Jeff Blackburn joins Bessemer Venture Partners as partner, staying in Seattle
Longtime Amazon executive Jeff Blackburn left Amazon and has joined Bessemer Venture Partners as one of five new partners; he will focus on early- and late-stage customer-focused companies and remain based in Seattle. Bessemer also announced it raised $3.3 billion across two new funds and has a history of backing major startups.
Advancing Women in Product partners with Madrona Venture Group to expand female founder training and access to capital
Advancing Women in Product (AWIP), a nonprofit with over 16,000 members, is partnering with Seattle-based Madrona Venture Group and Madrona Venture Labs to expand training, mentoring, networking and help women launch startups, join boards and secure VC. AWIP founder and CEO Nancy Wang and Madrona managing director Hope Cochran say the collaboration aims to increase female leadership and diversify Madrona's portfolio across its roughly 80 companies.
Shuffl founders Matthew Lee and Chris Watts launch Slack and Teams app to match coworkers; ~1,000 teams installed
Shuffl is a startup launched in 2019 by CEO Matthew Lee and CTO Chris Watts that creates randomized or intentional introductions for coworkers through Slack and Microsoft Teams to encourage workplace connection. The app automatically creates channels, schedules one-on-one or group meetups, provides video links and icebreakers, and has been installed by about 1,000 teams.
Nautilus Biotechnology hires ex-Smartsheet, Isilon and GenapSys leaders as it scales proteome platform after $76M Series B
Nautilus Biotechnology, a stealthy startup co-founded by Sujal Patel and Parag Mallick, has hired three senior executives — Chris Blessington, Anna Mowry, and Subra Sankar — to expand its team and accelerate development of a platform to quantify the human proteome after a $76 million Series B.
GeekWire Podcast: Salesforce to buy Slack for $27.7B; AWS surprises at re:Invent; Tanium (valued $9B, $430M revenue) moves HQ to Seattle
GeekWire Podcast discusses Salesforce’s $27.7 billion acquisition of Slack, surprising announcements from AWS at re:Invent, and cybersecurity firm Tanium relocating its headquarters to the Seattle region with $9 billion valuation and $430M revenue, with commentary from Madrona’s Matt McIlwain on regional and cloud/enterprise implications.
'Slackforce,' AWS re:Invent, and Seattle's new $9B tech company
This week on the GeekWire Podcast: Salesforce strikes a deal to acquire Slack for $27.7 billion; Amazon Web Services makes some surprising news at its annual re:Invent cloud conference; and a new tech giant arrives in our backyard. Joining us on this episode is Matt McIlwain, managing director at Seattle-based venture capital firm Madrona Venture Group, offering his commentary on the implications of these developments in the world of cloud and enterprise technology. Special bonus: Listen to the end of the show for a new installment of our GeekWire Podcast trivia contest, with a chance to win a GeekWire mask…
CoreStack raises $4M from Iron Pillar, total funding $15.5M, as ARR jumps 200% and enterprise clients top 100
Seattle-based CoreStack raised $4M, bringing total funding to $15.5M, as demand for its cloud governance software grows; ARR rose 200% YoY and the company now serves 100+ enterprise clients.
NEA leads $37.5M Series B in Seattle cloud startup Pulumi, bringing total funding to $57.5M
Seattle startup Pulumi raised $37.5 million in a Series B led by NEA, bringing its total funding to $57.5 million to expand R&D and sales/marketing. NEA partner Aaron Jacobson will join Pulumi’s board alongside existing investors Madrona Venture Group and Tola Capital.
Temporal raises $20M Series A led by Sequoia to commercialize open-source microservices orchestration
Temporal, a Seattle startup founded by former Uber engineers and cloud veterans, raised $20 million in a Series A led by Sequoia to commercialize its open-source microservices orchestration platform that improves developer productivity and reliability. Major customers include Snap, Box, Checkr, HashiCorp, and Coinbase, and investors include Madrona, Addition, Amplify and Snowflake ex-CEO Bob Muglia.
Snowflake raises $3.4B in largest software IPO, opens at $245 and closes at $253.93 valuing company over $60B; Madrona an early investor
Snowflake raised $3.4 billion in the largest-ever software IPO, pricing at $120 and opening at $245 before closing at $253.93 to value the company above $60 billion; early investor Madrona Venture Group, which invested in 2017, benefited though it holds under 5% and did not disclose stake value.
Flexe sees surge in demand as pandemic-driven e-commerce growth pushes retailers to buy on-demand warehouse space
E-commerce share of U.S. retail surged during the pandemic, accelerating years of digital adoption in months and boosting demand for Flexe’s on-demand warehousing marketplace. Flexe matches retailers with excess warehouse capacity so companies can scale fulfillment regionally without owning fixed real estate, serving clients like Ralph Lauren, Staples, Ace Hardware and Walmart.
Former AWS, Dropbox, Facebook, Convoy Leaders — Linda Lian, Tom Kleinpeter, Francis Luu, Viraj Mody — Launch Stealth Seattle Startup to Build Digital Community Tools
Four former Seattle tech leaders — Linda Lian, Tom Kleinpeter, Francis Luu, and Viraj Mody — have quietly formed a new startup building tools to help users create digital communities, according to a recent tweet by Lian. The team brings experience from Amazon Web Services, Dropbox, Facebook, Convoy and Madrona Venture Group; Lian declined to provide further details.
Cloudshim, founded by ex-Microsoft and Amazon engineers Lokesh and Vishal Taneja, raises $120,000 from Black Lion Ventures
Seattle startup Cloudshim, founded by former Microsoft and Amazon engineers Lokesh and Vishal Taneja, raised $120,000 from Black Lion Ventures to grow its self‑serve cloud management platform that currently supports AWS and will add GCP and Azure.
Anu Sharma leaves AWS to join Madrona Venture Group as investor after eight years at Amazon
Anu Sharma left an eight-year product management role at Amazon/AWS to join Madrona Venture Group’s investment team, turning a long-standing personal interest in investing into a full-time career where she plans to apply engineering rigor to evaluating and growing startups.
Former Intellectual Ventures EVP Maurizio Vecchione named CEO of Washington Global Health Alliance; Shujinko hires three executives after $7.5M raise
Maurizio Vecchione, former Intellectual Ventures EVP, was named president and CEO of Seattle-based Washington Global Health Alliance and K.R. Prabha named board chair; Seattle startup Shujinko added three senior hires after a $7.5M raise; Oracle appointed Clay Magouyrk EVP for Oracle Cloud Infrastructure and UW named Dr. Ekin Yasin director of its Communication Leadership graduate program.
OfferUp hires Michael Eggers, ex-RealNetworks and AWS sales leader, as CFO
Michael Eggers, a 15-year RealNetworks veteran and former head of global sales and business operations for AWS, has been hired as OfferUp's chief financial officer to lead finance for the Bellevue-based marketplace with 20 million monthly users; OfferUp recently raised $120 million and has $380 million in total funding.
Qumulo raises $125M, valued at more than $1.2B to join Seattle’s unicorns
Qumulo raised $125 million in funding, pushing its valuation to over $1.2 billion and making it a Seattle-area unicorn; the data-storage company serves customers across healthcare, media, research and the public sector and has seen increased demand during the pandemic.
Madrona leads $27M round in Fauna; Bob Muglia named executive chairman, Eric Berg becomes CEO
Madrona Venture Group led a $27 million investment in Fauna, the San Francisco-based database startup founded by two former Twitter engineers, bringing total funding to $57 million and appointing Bob Muglia as executive chairman and Eric Berg as CEO. Fauna focuses on cloud-native, serverless-accessible databases (FaunaDB) and will add Madrona’s S. Somasegar to its board.
WiBotic raises $5.7M Series A to scale wireless charging and fleet power software for robots and drones
Seattle-based WiBotic raised $5.7 million in Series A funding to accelerate development of its near-field wireless charging stations and fleet power-management software for robots and drones, bringing total funding to nearly $9 million. The company, spun out of the University of Washington five years ago, says its technology enables scalable, contactless charging useful for automated deployments and COVID-19–era social distancing.
T-Mobile, Intel and NASA launch 5G Open Innovation Lab in Bellevue to run 12-week non-equity startup accelerator
T-Mobile, Intel, and NASA launched the 5G Open Innovation Lab in Bellevue, Washington, a 12-week, non-equity startup program providing resources, capital, and partner collaboration to help entrepreneurs prototype and learn about 5G applications. The lab offers partners early access to cohort companies and aims to accelerate 5G-driven innovations across industries.
Bezos is Back
Here’s what we’re talking about this week on the GeekWire Podcast: Amazon's sales rose 26% in the first quarter as the COVID-19 crisis made the online retailer an even bigger part of many lives, but profits were down 30% due to expenses from dealing with the virus. Amazon CEO Jeff Bezos gave a clear message to shareholders, saying they "may want to take a seat," because there are big challenges ahead and they won't be easy or cheap to overcome. The company says it will spend $4 billion this quarter on initiatives related to the pandemic. With Amazon bigger and…
ExtraHop says April 22, 2020 layoffs cut staff back to end-of-2019 levels as COVID-19 hits revenue
Seattle-based security company ExtraHop carried out a reduction in force on April 22, 2020, cutting staff back to its end-of-2019 level amid COVID-19’s economic impact; the company had ended 2019 with more than 500 employees and $150 million in bookings.
SoftNAS rebrands as Buurst, raises $5M and switches to performance-based pricing for cloud data
Buurst, formerly SoftNAS, announced a $5 million funding round and rebranded while shifting to a performance-based pricing model for cloud data management. The eight-year-old, 55-person company — which has raised $35 million to date — counts Samsung, Halliburton and T-Mobile among its customers and works with AWS and Azure.
CoreStack raises $8.5M Series A from Naya Ventures; total funding $13M, Dayakar Puskoor to join board
Seattle-based cloud governance startup CoreStack raised an $8.5 million Series A led by Naya Ventures to expand its automated cloud compliance and cost-management software; the company says it saves customers 20–60% on annual cloud costs and has over 60 enterprise clients.
