ATG Risk Solutions has raised $1 million in seed funding from the Alliance of Angels, an undisclosed insurance company and Hearst, the publishing giant that owns several automobile-related magazine titles and operates a division known as Motor Information Systems, to create the equivalent of a FICO score for individual drivers. Read the GeekWire article.
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ATG Risk Solutions raises $1M to create ‘safety scores’ for individual motorists
Bigleaf Networks raises $1.5M to help businesses manage multiple Internet connections
Bigleaf Networks, a Portland-based Internet redundancy and optimization service, has raised a $1.5 million Series A round led by Oregon Angel Fund. Portland Seed Fund, Alliance of Angels, and other angel investors also participated in the round. Read the GeekWire article.
Lumen Learning raises $2.5M to help college students save money with open courseware
Lumen Learning, a Portland-based startup that offers college students access to open courseware, announced that it raised a $2.5 million seed round. The investment was led by Oregon Angel Fund, with participation from Portland Seed Fund, Alliance of Angels, and other individual investors. Read the GeekWire article.
More women could rise by becoming angels
Alliance of Angels members Linden Rhoads, Heather Redman and Emer Dooley talk about why they became angel investors and why other women should as well. Read the Puget Sound Business Journal article.
Skycast get a major boost from Alaska Airlines
Renton-based Skycast has landed a massive deal to build 7,000 in-flight entertainment tablets for Alaska Airlines. Read the Puget Sound Business Journal article.