BitTitan
Facts
- HQ
- Bellevue
- Sectors
- Cloud services
- Founded
- 2021 Seattle business license
- Type
- Corporation Seattle business license
- Registered name
- BitTitan Inc Seattle business license
GeekWire: Pacific Northwest records 55 exits and 282 VC deals this year, including Rad Power Bikes’ $154M round
GeekWire reports a surge in deal activity across the Pacific Northwest this year, tracking 55 acquisitions, SPACs, IPOs and private equity buyouts and 282 venture financings (nearly one per day). Notable transactions include Nintendo’s Jan. 5 acquisition of Next Level Games, BitTitan’s sale to Idera, and Rad Power Bikes’ $154 million funding round.
Gopuff adds Sanjay Shah, Dan Beranek and Komal Kashiramka to Seattle leadership as company valued at $15B after $1B funding
Gopuff expanded its Seattle leadership team by hiring three executives — Sanjay Shah (SVP North America fulfillment), Dan Beranek (VP product for fresh food) and Komal Kashiramka (director of engineering for Gopuff Kitchen) — after a $1 billion funding round that valued the company at $15 billion. Other regional moves include Vinayak Hegde promoted to president of Wheels Up and FlavorCloud hiring Telved Devlet as VP of customer success and operations.
Zenoti raises $80M extension from TPG Capital, total funding $330M and valuation near $1.5B after December Series D
Zenoti raised an $80 million extension to its December Series D led by TPG Capital, bringing total funding to $330 million and valuing the company near $1.5 billion; the enterprise software serves over 12,000 spas, salons and wellness businesses across 50 countries. The company, founded by Sudheer and Dheeraj Koneru, charges per-store subscriptions, has a growing payments arm, saw revenue double in 2020, expects 120% growth in 2021, and plans expansion into pet grooming and fitness.
BitTitan to Acquire Perspectium, Adding 75 Employees and Expanding ServiceNow Data Management
BitTitan announced it will acquire Perspectium, a 75-person company that helps manage data on ServiceNow, in a deal that expands BitTitan’s IT service management offerings and raises headcount to over 250; financial terms were not disclosed. Perspectium CEO David Loo will join BitTitan as chief product officer.
Former Microsoft Azure distinguished engineer Kushagra Vaid joins Eclipse Ventures as partner; Mary Shea named Outreach’s first evangelist
Multiple Pacific Northwest tech moves: former Microsoft Azure distinguished engineer Kushagra Vaid joined Eclipse Ventures as a partner and is advising Cyemptive Technologies; Athira Pharma appointed Barbara Kosacz to its board; Outreach hired former Forrester analyst Mary Shea as its first evangelist; and Microsoft Vancouver GM Edoardo De Martin left to become CTO at CubicFarm Systems.
Docugami doubles to 20 after $10M funding and keeps hiring amid widespread tech layoffs
Docugami, a Kirkland, Washington document-engineering startup, doubled its staff to 20 after a $10 million funding round in early February and continues hiring despite widespread tech layoffs. CEO Jean Paoli and new head of operations Hartley Riedner have onboarded remotely, reflecting a flipped labor market where some startups can recruit while larger firms cut jobs.
Foursquare and Factual merge under Foursquare brand with David Shim named CEO; Sue Desmond-Hellmann joins Pfizer board
Foursquare and Factual are merging under the Foursquare brand with Placed founder David Shim as CEO; Sue Desmond-Hellmann joined Pfizer’s board after leaving the Gates Foundation, and other executive moves include Microsoft hiring Rubén Caballero and leadership change at Egencia.
