Seattle innovators announced new growth moves last week, including funding rounds and an acquisition. With a plethora of developments in the software sector, check out what these companies are working on with the Built In Seattle Weekly Refresh.
Coding Dojo was acquired. Based in Bellevue, Coding Dojo was acquired by Perdoceo Education Corp., a university operator. The deal went through for $52.8 million but could be worth an additional $15 million. Ahead of international expansion, Coding Dojo, which teaches data science, software development and cybersecurity, plans to launch new products. [Puget Sound Business Journal]
These five Seattle companies raised the most capital in February. A variety of local tech companies secured capital last month. The largest venture sums raised went to businesses in industries including foodtech, greentech, banking and more. Learn how these five companies are investing in expansion, hiring and other initiatives. [Built In Seattle]
Seattle Tech Quote of the Week
“Most of our growth is organic; developers like this model. They like how much it simplifies development and makes their lives easier in both developing and operating those systems, and I think this is the main driving force [behind our growth].”— Maxim Fateev, Temporal’s co-founder and CEO
Temporal secured $75M. Temporal Technologies offers an open-source platform that helps software backend developers track function executions and mitigate system failures. It announced a “Series B-Prime” funding round from investors including Greenoaks and Amplify Partners that’ll go toward expanding its open-source community, product and team. [Built In Seattle]
Vouched got $6.3M. The company develops identity verification solutions for businesses across a variety of sectors, from gaming and automotive to financial services and healthcare. With its new funding from BHG VC and SpringRock Ventures, Vouched will support accelerated growth momentum and hire new talent for its team. [Built In Seattle]
