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
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.
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