Amazon
Facts
- HQ
- SEATTLE
- Sectors
- E-commerce, Cloud computing, Aerospace/Satellites, Media/Streaming, Advertising, Consumer devices
- Founded
- 1994
- Type
- Corporation Seattle business license
- Employees
- 1600000
- Registered name
- Amazon.Com Inc Seattle business license
- Stage
- Public
Seattle Cloud Firm Skytap Raises $18M from Vistara Growth to Expand Cloud Solutions
Seattle-based cloud company Skytap raised $18 million from Vistara Growth to enhance its cloud software offerings, serving clients with traditional applications like IBM Power. Founded 16 years ago and led by CEO Bradley Schick since 2019, Skytap counts investors including Goldman Sachs and Jeff Bezos among its backers.
Seattle Trucking Marketplace Convoy Pauses Shipments and Considers Sale Amid Market Recession
Seattle-based trucking startup Convoy has paused shipments and is reportedly winding down operations amid a freight market recession and financial struggles, with layoffs and potential sale talks ongoing. The company, valued at $3.8 billion last year, faces stiff competition and market headwinds, and plans to share more details on its transition later this week.
Flexport Cuts 165 Jobs at Bellevue Office Amid 20% Company-Wide Layoffs to Restructure for Profitability
Logistics company Flexport is laying off 165 employees from its Bellevue office as part of a broader 20% company-wide workforce reduction announced last week, aiming to restructure for profitability. The Bellevue office remains operational and important for technology and product development despite recent leadership changes and past layoffs.
First Row Partners Launches $150K–$200K Startup Competition to Revive Pacific Northwest Angel Investing
Seattle venture capital firm First Row Partners has launched The Ensemble Event Fund, a startup competition offering $150,000–$200,000 to early-stage companies nationwide, aiming to revitalize the Pacific Northwest's angel investor network. The competition engages over 15 angel investors to boost capital deployment amid declining venture funding and a shrinking local angel community.
Seattle Startup Muir AI Raises $3.25M Seed Round to Enhance AI Carbon Emissions Tracking
Seattle startup Muir AI, founded by aerospace veterans Harris Chalat and Peter Williams, raised $3.25 million in a seed round led by Base10 Partners to advance its AI and satellite-based carbon accounting technology. The company helps businesses measure complex supply chain emissions to reduce their carbon footprints.
Amazon Exec Dave Limp Named New CEO of Jeff Bezos’ Blue Origin Space Venture
Dave Limp, Amazon’s senior vice president of devices and services, will become CEO of Jeff Bezos’ Blue Origin space venture starting December. The current CEO Bob Smith is retiring but will remain through January to support the transition.
Seattle VC Firm Fuse Raises $250M Second Fund to Back 30-35 Pacific Northwest Startups
Seattle-based venture capital firm Fuse raised $250 million for its second fund to invest in early-stage enterprise software startups across the Pacific Northwest, aiming to back 30-35 companies despite a broader venture capital slowdown. Founded in 2020 with an initial $170 million fund, Fuse credits its growth to the strong local talent and entrepreneurial ecosystem.
Fuse closes $250M second fund to back 30–35 Pacific Northwest software and AI startups
Seattle-area VC firm Fuse has closed a $250 million second fund to invest in 30–35 Pacific Northwest software and AI-enabled startups, writing $1M–$10M checks and co-leading rounds. Backers include state-affiliated accounts, foundations, universities and prominent Seattle software executives, and Fuse aims to back companies that automate business processes or augment workers.
Seattle Marketing Executive Joanna Lord Becomes CMO at Spring Health Amid Outreach Resignation and Maveron CFO Hire
Joanna Lord, formerly a marketing leader in Seattle and New York, has joined New York-based Spring Health as chief marketing officer. Seattle's Outreach exec Amritansh Raghav resigned amid layoffs, and Maveron hired Nathan Apsel as CFO.
Seattle’s Oldest Angel Group Puget Sound Venture Club Merges with Alliance of Angels After Nearly 40 Years
Puget Sound Venture Club, Seattle's oldest angel group founded by Gary Ritner in 1985, is merging its membership with Alliance of Angels to create a larger impact on the Pacific Northwest startup ecosystem. The merger involves around 30 members, no financial transaction, and plans for Ritner to remain actively involved in the combined group.
Statsig Founder Vijaye Raji on Product Building, Launching a Startup, and AI
Today, Madrona Managing Director S. Somasegar talks with Statsig founder and CEO Vijaye Raji, who spent 20 years at Microsoft and Facebook before launching Statsig as a way to bring the powerful tools he was used to using inside Facebook to all builders. Statsig experimentation platform and automated AB testing helps companies make product decisions in a data-driven way at scale, which means shipping the right products faster. Vijaye and Soma go way back and take a little trip down memory lane, talking about Microsoft's Small Basic. But then they dive into what it's like transitioning from big tech to…
Amazon Alumni Raise $12.5M for Griptape, a Seattle Startup Building Secure AI App Frameworks for Enterprises
Amazon veterans Kyle Roche and Vasily Vasinov raised $12.5 million for Griptape, a Seattle startup creating a secure AI application framework for enterprises. Griptape offers an open-source Python toolkit and cloud platform to help companies safely build and manage large language models, with a commercial launch planned for October 2023.
Gaurav Oberoi
Gaurav Oberoi is the CEO and co-founder of Lexion. He started his career as an engineer at Amazon, before moving on to found and sell two startups (BillMonk, and Precision Polling), and build a $20M+ ARR business from $0 as a VP of Product at SurveyMonkey. Gaurav co-founded Lexion as the first EIR at the Allen Institute for Artificial Intelligence. He thrives on building products that customers love, with diverse teams that enjoy working together. See omnystudio.com/listener for privacy information.
ZeroAvia Raises Largest Funding Round with Investment from Airbus, Amazon, Bill Gates, Alaska Airlines to Develop Hydrogen Aircraft Engines
ZeroAvia, a clean aviation startup developing hydrogen-electric aircraft propulsion, has raised its largest funding round co-led by Airbus and others to support engine certification. The company is partnering with Alaska Airlines to retrofit planes and aims to offer engines for 20-seat aircraft by 2025.
Former Fabric CEO Faisal Masud Joins HP as SVP and President of New WW Digital Services Division
Former Fabric CEO Faisal Masud has joined Hewlett-Packard as senior vice president and president of the new WW Digital Services division within HP Workforce Solutions, remaining based in Seattle. Masud brings extensive experience from Amazon, eBay, Groupon, Staples, and Alphabet's Wing, while Fabric continues to grow under new leadership after a $140 million funding round.
Six Former Amazon Execs Including Flexport CEO Dave Clark Depart $8 Billion Logistics Startup
Flexport saw the departure of six former Amazon executives, including CEO Dave Clark and president Teresa Carlson, highlighting recent executive turnover at the $8 billion-valued logistics company. Several of these leaders had long Amazon tenures before joining Flexport, which offers cloud-based freight forwarding and saw $3.3 billion in revenue in 2021.
Ada Developers Academy Cuts 45% Staff, Pauses Admissions, Names Shawna Young Interim CEO Amid Tech Industry Downturn
Seattle-based nonprofit Ada Developers Academy, which provides tuition-free tech training for underrepresented groups, has significantly reduced its workforce and paused admissions amid economic challenges. Shawna Young has been named interim CEO following Lauren Sato's resignation, as the organization refocuses on sustainability.
Madrona’s Matt McIlwain Highlights Seattle as a Leading AI Hub on Shift AI Podcast
Matt McIlwain of Madrona Venture Group discusses Seattle's emergence as a top AI hub, attributing its success to a strong ecosystem of ideas, talent, and experimentation. He shares insights on AI's future and Seattle's role in tech innovation on the Shift AI Podcast hosted by Boaz Ashkenazy.
Shift AI Podcast: Seattle's place at the center of the AI universe, with Madrona's Matt McIlwain
On this week’s GeekWire Podcast, we're featuring an episode of Shift AI, a podcast hosted by Boaz Ashkenazy, CEO of AI solutions provider Simply Augmented, with guest Matt McIlwain of Seattle-based venture capital firm Madrona Venture Group. A thriving tech hub requires access to ideas, people, and experiments that produce collective lessons sooner and with greater fidelity than anywhere else. This is what made the Seattle area the cloud capital of the world. It also positions the region as one of the world’s top centers of excellence for artificial intelligence. That’s one of the insights from Matt McIlwain, managing director…
Seattle-Based Workflow Labs Raises $1.3M Seed Round to Automate Amazon Seller Backend Tasks
Seattle startup Workflow Labs, led by former Amazon product manager Justin Leigh, raised $1.3 million to automate Amazon sellers' backend tasks. The platform, launched in October with about 50 customers, has grown revenue 300% year-over-year and plans to expand to additional e-commerce platforms.
Viome raises $86.5M Series C and partners with CVS to sell $179 at-home Full Body Intelligence gut test in 200 stores
Seattle-area health tech startup Viome Life Sciences raised an $86.5 million Series C and struck a deal to sell its $179 at-home Full Body Intelligence gut microbiome test in 200 CVS stores and online. Founded by Naveen Jain, Viome analyzes stool, saliva and blood samples and counts investors including Marc Benioff and Khosla Ventures, though some scientists question clinical utility of microbiome kits.
Amazon's AI strategy, how AI startups can stand out, and hope for AI and humanity
This week on the GeekWire Podcast, we look at how Amazon is positioning itself in the emerging era of generative artificial intelligence. We play and assess clips of Amazon CEO Andy Jassy explaining the company's AI strategy on its earnings call this week. We also discuss the history of AI usage by startups, and consider advice from investors and startup leaders at Seattle Tech Week for emerging tech companies looking to stand out with their own AI applications and solutions. And finally, we reconsider our approach to interacting with machines and contemplate the possibility of artificial intelligence reflecting not just…
Drones and the future of public safety, with Brinc CEO Blake Resnick
Blake Resnick built a fusion reactor in his garage at age 14, and interned at McLaren Automotive, Tesla, and DJI, before dropping out of Northwestern University in 2017 to launch drone startup Brinc. Now, at age 23, he oversees a team of nearly 100 people making drones and other technology for public safety agencies, serving more than 400 customers. On this episode of the GeekWire Podcast, recorded on-location at the company's headquarters in Seattle's Fremont neighborhood, Resnick talks about Brinc’s origins, its move from Las Vegas to Seattle, the upcoming release of its Lemur 2 drone, his recent White House…
Autonomous Vehicle Startup Waabi Hires Seattle Tech Veteran Joseph Sunga as Group Product Manager
Autonomous vehicle startup Waabi has hired Seattle tech veteran Joseph Sunga as group product manager to help launch new products. The Toronto-based company is steadily growing its remote Seattle team with experienced engineers from Aurora, Amazon, and Uber acquisitions.
Seattle Venture Capital Investment Falls to $1.11 Billion in H1 2023, Yet Investors Stay Bullish on AI and Talent
Despite a significant decline in venture capital investments in Seattle, local investors remain optimistic about the region's future, driven by its strong talent pool and growth in generative AI. Seattle startups raised $1.11 billion in the first half of this year, down from $4.02 billion last year, reflecting a cautious shift toward profitability amid a market downturn similar to the dot-com bubble.
People
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Jamie Siminoff Executive, Vice President
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Steve Rabuchin Executive, Vice President of Project Kuiper (Amazon Leo)
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Ben Wild Co-founder of Hubble Network, Former Amazon Product Lead