Cowboy Space Raises $275M at $2B Valuation, Plans 40-60 Hires for Seattle Satellite and Rocket Hub
Cowboy Space Corp., founded by Robinhood co-founder Baiju Bhatt, raised $275 million in a Series B round valuing the company at $2 billion and is hiring 40-60 employees for its new Seattle satellite and rocket engineering hub. The company develops solar-powered satellites that function as data centers and builds integrated rockets to launch them, competing for talent in Seattle's aerospace sector.
Chainguard Raises $280M from General Catalyst Six Months After $356M Series D, Valued at $3.5B
Seattle-based cybersecurity startup Chainguard secured $280 million in new financing from General Catalyst’s Customer Value Fund, six months after raising $356 million in a Series D round, bringing its total funding to $892 million and valuation to $3.5 billion. The company, which helps secure open source software supply chains and serves over 200 customers, grew its annual recurring revenue to $40 million in fiscal year 2025.
Chainguard Raises $356 Million Series D, Valued at $3.5 Billion in Under Two Years
Cybersecurity startup Chainguard raised $356 million in a Series D funding round led by Kleiner Perkins and IVP, boosting its valuation to $3.5 billion from $1.12 billion less than a year ago. Founded in 2021, Chainguard helps secure software supply chains, focusing on open source software security, and has grown its annual recurring revenue to $40 million with plans to exceed $100 million soon.
Chainguard Raises $140M Series C, Achieves $1.12B Valuation Becoming Seattle's Newest Cybersecurity Unicorn
Seattle-based cybersecurity startup Chainguard raised $140 million in a Series C round, reaching a $1.12 billion valuation and becoming a unicorn. Founded in 2021, the company focuses on securing software supply chains for major clients and has rapidly grown its customer base and revenue.
TaxBit raises $130M at $1.33B valuation after opening Seattle HQ, led by IVP and Insight Partners
Cryptocurrency tax and accounting startup TaxBit raised $130 million at a $1.33 billion valuation after opening a second headquarters in Seattle; the company plans to double its workforce, expand U.S. and U.K. offices, and recently partnered with the IRS. The Series round was led by IVP and Insight Partners with participation from Madrona Venture Group.
UiPath raises $225M Series E led by Alkeon, valued at $10.2B as RPA demand rises
UiPath raised $225 million in a Series E round led by Alkeon Capital, valuing the robotic process automation company at $10.2 billion; the firm reports over $400 million in annual recurring revenue and says COVID-19 increased demand for automation.
Voyager Capital Hires Silicon Valley Veteran James Newell to Lead Pacific Northwest Investment Focus
James Newell, a Seattle native and former Silicon Valley investor, joins Voyager Capital's Seattle office as partner to enhance the firm's focus on Pacific Northwest startups. Voyager Capital aims to leverage Newell's Silicon Valley experience to strengthen ties between Seattle's growing tech scene and Silicon Valley.
Casper’s $70M VC-Fueled Marketing vs. Saatva’s $350K Founder-Funded Growth: Two Paths to ~$200M Mattress Revenues
The article compares mattress startups Casper and Saatva to explore whether venture capital is always beneficial, noting Casper’s $70M in funding and high-profile marketing versus Saatva’s $168M revenue built from $350,000 founder funding and a frugal approach.
