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
Two Screens for Teachers raises support as founders seek $23M to supply 250,000 pandemic-strained educators; teen Avi Schiffmann built a widely used COVID-19 tracker
A roundup of positive tech, science, and education stories from 2020 highlights initiatives that helped during the pandemic, including Two Screens for Teachers providing monitors to school districts and a high school student, Avi Schiffmann, building a widely used COVID-19 tracker.
Madrona Venture Group Raises $345M for 8th Fund and $161M for 2nd Later-Stage Fund in Largest Ever $500M Capital Raise
Madrona Venture Group raised over $500 million for its largest fundraise ever, including $345 million for an eighth early-stage fund targeting 35-40 Pacific Northwest startups and $161 million for a second later-stage Acceleration Fund. The firm continues to focus on supporting the Pacific Northwest tech ecosystem while also backing later-stage companies across North America.
Hanwha Systems to invest $30M in Gates-backed Kymeta to pursue LEO-compatible satellite antennas
Hanwha Systems will invest $30 million in Kymeta Corp., backing the company's metamaterial flat-panel u8 antenna and Kymeta Connect hybrid cellular-satellite service as demand grows for LEO-compatible satellite connectivity.
Crowd Cow hires ex‑Amazon leaders Ian McAllister, Julie Pruitt, Jeremy Sievert and adds Flexe CTO David Glick to board; Snap! Raise names Stuart Silberg as CTO
Seattle meat and seafood marketplace Crowd Cow hired Ian McAllister as chief product officer, Julie Pruitt as chief merchant, and Jeremy Sievert as VP of operations, and added Flexe CTO David Glick to its board; Crowd Cow says revenue grew over 400% this year. Digital fundraising platform Snap! Raise hired former Expedia CTO Stuart Silberg as its new chief technology officer.
LinkedIn data: Seattle added 2.2 tech workers per one lost from March–October as Bay Area outflows rise
LinkedIn migration data shows Seattle gained 2.2 tech workers for every one who left from March to October, nearly matching last year’s 2.5 ratio, and attracted a 28% increase in movers from the Bay Area. While the Bay Area and New York saw notable declines in their inflow-outflow ratios, observers and local advocates say Seattle’s similar amenities and lower cost of living help explain the trend.
GeekWire Podcast: Seattle now home to 10 unicorns — most are enterprise/cloud firms, six have immigrant founders, none have female co-founders or CEOs
Seattle’s tech scene now includes 10 privately held unicorns, with most focused on enterprise software/cloud, six having immigrant founders and six having active co-founders with Microsoft ties; none have female co-founders or CEOs. The GeekWire Podcast discusses these patterns, the region’s tech-community challenges (including tensions with city leadership), and features guest commentator Heather Redman of Flying Fish Partners.
OfferUp names Niti Bashambu CPO after $120M raise and $1.4B valuation; Flyhomes appoints Amy Sellers VP of Marketing
OfferUp hired Niti Bashambu as chief product officer after raising $120 million and reaching a $1.4B valuation; Flyhomes named Amy Sellers VP of marketing as it expands across five markets. Promethean also hired Chris Hand as chief revenue officer.
Symbl raises $4.7M led by Crosscut Ventures with Amazon Alexa Fund to expand conversational AI for enterprise
Seattle startup Symbl raised $4.7 million in a round led by Crosscut Ventures with participation from Amazon’s Alexa Fund and several other investors to expand its conversational AI API that transcribes real-time conversations and extracts insights for meetings, customer care, and sales. Founded in 2018 by Surbhi Rathore and Toshish Jawale, the 30-person company says pandemic-driven digital communication growth has increased demand for its services.
FriendlyFace launches selfie-printed masks in Seattle, sells $29 custom masks and $49 gaiters, donates $1 per order to NRDC
Seattle design studio FriendlyFace prints photographic mouth-and-nose images on face masks so people’s expressions show during the pandemic, using computer-vision to scale and crop selfies and add decorative borders. Launched from prototypes in May, the company began taking orders in November, sells masks for $29 (gaiters $49), and donates $1 per order to the NRDC.
ZeroAvia raises $21.4M from Breakthrough Energy and Amazon’s Climate Pledge Fund to scale hydrogen-electric aircraft
ZeroAvia raised $21.4 million in a Series A round led by Bill Gates' Breakthrough Energy Ventures and Amazon’s Climate Pledge Fund to accelerate development of hydrogen-electric powertrains for zero-emission propeller aircraft, with commercial flights of 10–20 seat planes up to 500 miles targeted by 2023. The company also secured a £16.3 million UK government grant and partnerships including British Airways, and plans larger hydrogen jets by 2030.
Seattle Reaches 10 Unicorns Worth $1B+, Mostly Enterprise Software Firms with Microsoft Links
Seattle now has 10 unicorn startups valued at $1 billion or more, many concentrated in enterprise software/cloud computing and driven by rapid digital transformation and strong revenue run rates. Most have immigrant founders and Microsoft ties, but none have female co-founders or CEOs.
Seattle Mayor Jenny Durkan’s First Term Tried to Reconcile Tech Firms and Critics but Left Her Politically Isolated
Seattle Mayor Jenny Durkan tried to bridge tech companies and their critics during her first term by courting firms like Amazon, Expedia, and Apple, but her efforts pleased neither business leaders nor progressive activists, leaving her politically isolated and prompting her decision not to seek a second term.
iUNU raises $7M to scale LUNA AI greenhouse computer-vision system; total funding $25M
Seattle-based agriculture tech startup iUNU raised $7 million to expand its LUNA AI and computer-vision platform for greenhouse crop monitoring, using autonomous rail-mounted cameras and canopy sensors. The seven-year-old, 30-person company — backed by S2G Ventures, Ceres Partners and Serra Ventures — has $25 million total funding and aims to surpass 100 customers next year.
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.
Wyze launches $19.99 Wyze Watch with 9-day battery and blood oxygen monitor; pre-orders start today, ships February
Seattle startup Wyze launched a $19.99 Wyze Watch with a 9-day battery, blood oxygen monitoring, activity and sleep tracking, Google Fit/Apple Health integration, waterproofing to 2 meters, smart-home control, pre-orders starting today and shipping in February.
Qumulo names ex-AWS Janine Corey cloud CTO; Elissa Fink joins Conversica board; Starbucks CEO Kevin Johnson joins Amperity board
Seattle startup Qumulo hired Janine Corey as cloud CTO after five years at Amazon Web Services; the company is valued at $1.2 billion and raised $125 million earlier this year. Former Tableau CMO Elissa Fink joined Conversica’s board and Starbucks CEO Kevin Johnson joined Amperity’s board, reflecting several executive moves among Seattle-area tech firms.
Flexe raises $70M Series C led by T. Rowe Price as e-commerce surge drives on-demand warehousing growth
Seattle-based Flexe raised a $70 million Series C led by T. Rowe Price as pandemic-driven e-commerce growth accelerates demand for its on-demand warehousing marketplace, bringing total funding to $134 million.
Seattle's Stackline Raises $50M from Goldman Sachs to Expand E-Commerce Intelligence Platform Amid Pandemic Boom
Stackline, a Seattle-based e-commerce intelligence platform serving clients like Sony and Starbucks, raised $50 million from Goldman Sachs Growth Equity in its first outside funding round to expand amid rapid online retail growth during the pandemic.
Pandemic Accelerates Adoption of Enterprise Software in Seattle, Boosting Cloud and Cybersecurity Startups
The COVID-19 pandemic is accelerating adoption of enterprise software in the Seattle and Pacific Northwest tech scene, highlighting startups in cloud computing and cybersecurity that dominate the GeekWire 200. Analysts say enterprise cloud firms appear relatively resilient to recessionary pressures compared with consumer-facing startups, though risks remain if businesses cut spending.
GeekWire Podcast: OthersideAI raises $2.6M to use GPT‑3 for drafting emails; Tom Alberg profile and Trivia Challenge return
The GeekWire Podcast covers OthersideAI, a startup using GPT-3 to draft emails that just raised a $2.6 million seed round, discusses Seattle tech investor Tom Alberg’s long career and current focus, and relaunches the GeekWire Trivia Challenge with a chance to win a limited-edition face mask.
Wyze co-founder Dave Crosby’s unreleased Wyze Cam Outdoor records car prowler stealing camera; Crosby tracks thief via Craigslist and films the pursuit
Wyze co-founder Dave Crosby used an unreleased Wyze Cam Outdoor mounted over his driveway to record a car prowler stealing a camera from his vehicle, then tracked the thief after the stolen device surfaced for sale on Craigslist and documented the incident on his popular YouTube channel.
Tom Alberg invested in Amazon’s 1995 seed round, joined its board and co-founded Madrona to build Seattle’s tech scene
Tom Alberg invested in Amazon’s 1995 seed round, joined its board, and later co-founded Madrona Investment Group to back Pacific Northwest internet startups, helping shape Seattle’s tech ecosystem. His early bets and leadership influenced regional tech growth and left a legacy noted by Jeff Bezos and others.
2048 Ventures Hires Seattle Investor Minda Brusse to Lead Pre-Seed Sourcing in Seattle and Portland
NYC-based 2048 Ventures has hired Seattle investor Minda Brusse as a venture partner to source pre-seed investments in Seattle and Portland while she remains at First Row Partners; 2048 launched last year with a $27 million fund and has backed 29 companies.
Foursquare CEO David Shim to Resign; Gary Little Named CEO in 2021; Other Tech Leadership Moves Reported
Foursquare CEO David Shim, founder of Placed, is resigning and will be succeeded by board member Gary Little in 2021 after a transition; Shim plans to return to entrepreneurship. Other moves: investor Karan Mehandru left Trinity Ventures to join Steadfast Financial while remaining on several boards, 343 Industries’ Chris Lee stepped down from Halo Infinite project direction, and WTIA hired Molly Jones as VP of government affairs.
Bottomless says Amazon’s new Dash Smart Shelf validates Seattle startup’s WiFi coffee-reordering scale; Bottomless is profitable with ~$2M sales
Seattle startup Bottomless, which sells a WiFi-connected smart scale that automatically reorders coffee beans, says Amazon’s new Dash Smart Shelf validates its market; Bottomless is profitable, has raised over $2 million, and generates nearly $2 million in annual coffee sales.
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
