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Microsoft

Microsoft is a public multinational technology company based in Redmond, Washington, providing software, cloud services, gaming, and...

Facts

HQ
NASDAQ:MSFT
Sectors
Technology, Workplace tools, Cloud
Founded
1975
Employees
221000
Stage
Public

Ignition Partners investors spin out Fuse Venture Partners led by Kellan Carter, Cameron Borumand and Seahawks star Bobby Wagner

A group of investors from Seattle VC firm Ignition Partners, including managing partner John Connors, have launched a spinoff called Fuse Venture Partners led by general partners Kellan Carter and Cameron Borumand and featuring Seahawks linebacker Bobby Wagner as a venture partner. Ignite will sunset its brand while Fuse focuses on doubling down in Seattle and managing new investments, with Wagner committing to active involvement.

GeekWire Awards 2020 Goes Virtual; Ally Wins Startup of the Year as Bill Gates and Celebrities Celebrate

GeekWire held a virtual GeekWire Awards livestream honoring top Pacific Northwest tech companies and leaders across 12 categories, with winners accepting via Zoom and special video messages from figures like Bill Gates. Seattle startup Ally won Startup of the Year, and the event included entertainment such as The Drunken Tenorperforming an "Opera di Zoom."

Shelf Engine raises $12M Series A led by GGV to cut grocery food waste and manage orders for Whole Foods, Target, Kroger

Seattle startup Shelf Engine raised $12 million to expand its AI-powered ordering platform that helps over 1,000 grocers including Whole Foods, Target, and Kroger reduce perishable food waste and guarantee sales through a scan-based trade model. The 46-person company plans to hire about 90 more employees and has $17.3 million total funding after a Series A led by GGV Capital.

Jeff Ma named GM of Microsoft for Startups to connect founders with Microsoft’s co-sell and marketplace programs

Jeff Ma, a serial entrepreneur and former Twitter data science leader, is the new general manager for Microsoft for Startups, helping startups access Microsoft resources like co-sell and marketplace programs. He says Microsoft for Startups could have been a game changer for his prior companies and is focused on recruiting new talent and reconnecting with the startup community.

Seattle tech CFO survey: 37 respondents say three-quarters expect full COVID-19 recovery; nearly half raise 2020 spending forecasts

A survey of 37 Seattle-based tech CFOs finds the local tech industry remains resilient during the COVID-19 pandemic, with three-quarters expecting full recovery and nearly half raising 2020 spending forecasts versus early March. Many CFOs report higher Q2 bookings expectations and over 40% say their companies are increasing headcount despite widespread industry layoffs elsewhere.

Pioneer Square Labs and Fortive launch TeamSense, a COVID-19 symptom‑tracking SaaS that reached paying customers in six weeks

Pioneer Square Labs and Fortive launched their first spinout, TeamSense, a SaaS platform that lets employers screen and communicate with hourly workers about COVID-19 symptoms via quick daily texts or emails. TeamSense moved from initial funding to paying customers in six weeks and provides dashboards, rosters, and 1-on-1 chat to support workplace health, planning and compliance.

Madrona leads $27M round in Fauna; Bob Muglia named executive chairman, Eric Berg becomes CEO

Madrona Venture Group led a $27 million investment in Fauna, the San Francisco-based database startup founded by two former Twitter engineers, bringing total funding to $57 million and appointing Bob Muglia as executive chairman and Eric Berg as CEO. Fauna focuses on cloud-native, serverless-accessible databases (FaunaDB) and will add Madrona’s S. Somasegar to its board.

OneTrust acquires Seattle AI-focused privacy startup Integris, folds tech into OneTrust DataDiscovery and keeps 20-person Seattle team

Atlanta-based privacy software firm OneTrust has acquired Seattle startup Integris Software and integrated its AI-based discovery technology into OneTrust DataDiscovery while retaining Integris’s 20-person Seattle team. Integris, founded in 2016 and a $16 million VC-backed company, will support tasks like compliance monitoring during cloud migrations and data governance.

Voodle launches short-form workplace video app after Pixvana shutdown; Pixvana had raised $20M

Seattle startup Voodle launched a short-form, selfie-style workplace video app—spun out of Pixvana after that company closed—to replace lengthy calls and text updates with searchable, transcribed clips that integrate with apps like Salesforce and HubSpot. Pixvana had raised $20 million before shuttering in late 2019 when CEO Forest Key concluded AR/VR wasn’t yet ready for mainstream business scale.

Seattle rises three spots to crack Startup Genome’s global top 10, backed by $3.59B in 2019 VC funding

Seattle climbed three places into Startup Genome’s global top 10 startup ecosystems, driven by strengths in AI, big data, analytics, life sciences and a strong startup genealogy from Microsoft, Amazon and the University of Washington. Venture funding reached a Seattle-area record of $3.59 billion in 2019, and the city ranks highly on performance, funding, market reach, talent, connectedness, knowledge and infrastructure.

Humanly raises $800,000 from TMD Ventures, Gusto and Kinetica CFOs to expand AI hiring tools

Seattle startup Humanly raised $800,000 from investors including TMD Ventures, Gusto CFO Mike Dinsdale and Kinetica CFO Dean Neese to expand its AI recruiting tools that screen candidates, schedule interviews and run reference checks amid COVID-19–driven hiring changes. The company says automation and bias-reducing features help employers manage larger applicant pools while improving inclusion.

Amazon launches $2 billion Climate Pledge Fund to invest in sustainable-tech startups, aims for net-zero by 2040

Amazon launched The Climate Pledge Fund, a $2 billion corporate venture program to invest in startups developing sustainable technologies across industries to accelerate reaching net-zero carbon. The move aligns with Amazon’s Climate Pledge to be net carbon neutral by 2040 and follows other commitments like running on 100% renewable energy by 2025.

Panda AI launches inside AI2 in Seattle, led by CEO Aaron Goldfeder and CTO Yue Ning in stealth mode

Panda AI is a stealth B2B startup launched inside the Allen Institute for AI (AI2) in Seattle, led by CEO Aaron Goldfeder and CTO Yue Ning, both former AI2 entrepreneurs-in-residence. The company — currently two employees with early access interest and Smartsheet co-founder Eric Browne as product advisor — aims to build next-generation tools for knowledge workers using recent AI breakthroughs.

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