Flexe Raised $70M, Tanium Relocates, and More Seattle Tech News

Read Built In Seattle’s weekly refresh to catch up on last week’s developments on the Seattle tech scene.

Written by Ashley Bowden
Published on Dec. 07, 2020
flexe
photo: flexe / FACEBOOK

Read below to catch up on last week’s developments in Seattle tech companies. This is the Built In Seattle weekly refresh.

Flexe secured $70M. When businesses need access to warehouses or fulfillment facilities, they can use Flexe’s platform to find and book these spaces. The logistics startup will use the funding from its Series C to hire new team members. The company is currently hiring for open roles in finance, marketing, operations, engineering, sales and business development. [Built In Seattle]

Tanium relocated across the country. The headquarters of this $9 billion cybersecurity company was uprooted from its previous San Francisco location to Kirkland. Tanium’s CEO Orion Hindawi made the decision after witnessing the diverse economic base and abundant enterprise software talent in the Seattle area. [GeekWire]

Seattle Tech Quote of the Week

“Over the past couple of years, CoreStack has delivered needle-moving value to enterprise companies. ... Iron Pillar came along as the perfect partner to help us expand globally, not only by way of expanded investment interest to Series A financing, but more importantly by way of introduction to customers, partners and advisors.” —Ezhilarasan Natarajan, CEO of CoreStack

CoreStack pulled in $4M. With this fresh investment from Iron Pillar, the cloud computing company will be able to further its platform. CoreStack focuses on cloud governance, which means monitoring users to ensure they’re following cloud usage rules. The company’s software has spiked in popularity this year as more businesses have gone remote. [Built In Seattle]

tinyBuild supports the future of gaming. Having recently invested $3 million in game studio Hologryph, the publisher will help the studio release new games for the next generation of consoles. In making its investment, the company will own the majority stake in Hologryph, allowing for collaboration with Hologryph’s developers to create new games. [Built In Seattle]

Amazon’s ears perk up to podcasts. The tech behemoth is considering purchasing podcast startup Wondery, one of the nation’s most popular podcasting platforms. As more big name companies like Spotify solidify a place in the podcast market through similar acquisitions, Wondery could help Amazon do the same. The company’s valuation is approximately $300 million. [Engadget]

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