Portland's Ensequence lands $20 million, moves HQ to New York |
Follow the ups and downs of a new Seattle startup in a series of behind-the-scenes posts by its founders.
Today On Techflash
- Paul Allen's Brangelina moment
- LiquidPlanner hire, Paul Allen and more
- Tell us your sales horror stories
- Calbucci to sell Twitter list service
- A color screen for the next Kindle?
- Intelius co-founder released
- Isilon boosts CEO Patel's salary
- Windows chief: Battery alerts aren't a bug
- Fortune's list of 100 Best Places to Work
- Google vs. Facebook and Twitter?
Tech Events
Mass High Tech
Portland's Ensequence lands $20 million, moves HQ to New York
It's been a big week for venture funding deals in the Northwest. A day after Calypso Medical announced a $50 million round, interactive TV startup Ensequence today said that it pulled in $20 million.
But the Ensequence round is a bit of a good news-bad news story for the Northwest, since Mike Rogoway at The Silicon Forest blog reports that the Portland company is also moving its headquarters to New York.
The 100-person company, which had raised $97 million and was Oregon's most heavily-funded startup, also promoted Peter Low (a former MTV exec who lives in New York) to the position of CEO.
This isn't the first time that a promising company has bolted from Oregon. In July, we reported that AVI Biopharma was moving its headquarters from Corvalis to Seattle to be closer to the life sciences talent pool.
I also recently called out Entrepreneur Magazine for recognizing Portland over Seattle for its entrepreneurial community. But I don't wish any harm on our friendly neighbor to the south, that is until the Sounders meet the Timbers in Major League Soccer action
In fact, if this trend continues of promising companies moving out of Portland, the city is going to have to take a very close look in the mirror.
About John Cook
John Cook is co-founder and executive editor of TechFlash. He has been covering the technology beat for nearly a decade, writing about startups, entrepreneurs and venture capital, most recently serving as a reporter/blogger at the Seattle Post-Intelligencer.
READ FULL BIOGRAPHYRecent Sponsor Posts
Join the Microsoft WebsiteSpark program and get software, support and visibility – at no upfront cost. You’ll benefit from fast and easy access to current Microsoft development tools, platform technology and server products including Visual Studio, Expression Studio, Silverlight, Windows Web Server 2008 and SQL Server 2008 Web.
Seattle-based Adhost is a WebsiteSpark hosting partner providing dedicated servers with free Windows Web Server 2008 and SQL Server 2008 licensing for three years to Web developers enrolled in WebsiteSpark. Servers are located in our secure data center with SAS 70 Type II certification, 24x7 technical support and 24x7 client access.
WTIA 15th Annual Industry Achievement Awards
Held on March 4th at the Showbox SODO, this casual event celebrates and recognizes some of the best emerging and established companies in the Washington Tech Industry. The evening will feature a finalist company technology showcase and a variety of coffee, chocolate, and wine samples from local companies. More than 800 attendees are expected to be present at the celebration. Public online voting for Technology Leader of Tomorrow Scholarships will open February 3rd on the WTIA site.
We congratulate the 2010 finalists and look forward to unveiling the winners on March 4th. REGISTER NOW!
Mobile applications are a cutting-edge way to extend your brand’s reach into the hands of consumers 24/7. Increase loyalty and customer engagement by developing a targeted and effective mobile application. Learn the basics about mobile applications by reading our white paper Beyond the iPhone: Engaging Customers with Mobile Applications.
If you’re considering a mobile initiative for Q1-2010, now is the time to get started. The white paper covers: Venturing into Mobile Application Development, Typical Problems to Avoid, and Developing the Solution. Reaxion is a Seattle-based mobile application development company focused on start-to-finish project management and cost-effective development. Download Beyond the iPhone: Engaging Customers with Mobile Applications.
From the trenches
Job Listings
- Registered Health Information Technician (Forms & Records Analyst 2)
- State of Washington Department of Corrections
- Principal SDE - Project Natal - Gameplay Engineering - 711621
- Microsoft Corporation
- Senior Web Analyst - 705536
- Microsoft Corporation
- Telecommunications Consultant (I)
- Sparling Electrical & Technology Consulting
- Senior SDET - 706910
- Microsoft Corporation
