Impinj
Facts
- HQ
- Seattle, Washington
- Sectors
- Information Technology & Services
- Founded
- 2000
- Type
- Corporation Seattle business license
- Employees
- 448
- Registered name
- Impinj Inc Seattle business license
- Stage
- Public
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.
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.
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.
UW Spinout AnswerDash Acquired by CloudEngage; AI Q&A Tool Joins Personalization Platform
Seattle startup AnswerDash, founded from University of Washington research by Jake Wobbrock, Amy Ko and Parmit Chilana, has been acquired by Spokane-based CloudEngage after nearly eight years. The AI-powered contextual Q&A tool will join CloudEngage’s web personalization and live chat offerings to help clients reduce support costs and improve customer experience.
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.
Tech meets politics with WTIA CEO Michael Schutzler
Tech companies doesn’t always get along well with politicians — or with each other, for that matter. It’s Michael Schutzler’s job to be the go-between, bringing together a huge range of Washington tech companies and politicians to make sure the industry can thrive. We dive into issues like paid family medical leave, immigration and the state of Washington’s tech in this episode of the GeekWire podcast. Follow all our tech coverage at GeekWire.com Thank you to this week's sponsors: The University of Washington's Human Centered Design and Engineering department. Learn more: www.hcde.washington.edu; and Hughes Marino, the commercial real estate company…
Impinj Reports Second Consecutive Post-IPO Earnings Beat with $1.9M Profit on $31M Revenue
Impinj, a Seattle-based RFID company, exceeded Wall Street expectations for the second consecutive quarter post-IPO, reporting $1.9 million non-GAAP profit on $31 million revenue. The company forecasts continued profitability and revenue growth in the upcoming quarter, with stock up over 80% since its July IPO.
People
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Chris Diorio Founder, CEO, Founder