Thursday, May 5, 2016

TechFlash: Amazon cargo deal; Valve's new office; Bezos' big gift

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TechFlash: Seattle's Technology News Source

Rumors swirl about big lease at new Bellevue tower for game developer Valve

Meanwhile, the company has leased warehouse space in Kirkland that Nintendo used to occupy.

Amazon strikes cargo deal with Atlas Air Worldwide

The deal signals Amazon's continued aggressive efforts to take control its own logistics instead of relying on FedEx, United Parcel Service and others.

Bezos' gift the largest-ever donation to Seattle homeless organization

Homeless shelter nonprofit Mary's Place raised more than $1 million on Tuesday, putting itself in position to get $1 million in matching funds from Amazon founder and CEO Jeff Bezos.

Microsoft, Ford join EMC spinoff Pivotal's backers in huge $253M funding

The new funding gives the Palo Alto spinoff from EMC and VMware money to get it to an eventual IPO, which had previously been speculated for this year.

Paccar turns to new wind tunnel to develop more fuel-efficient trucks

Paccar is pedal to the metal as it uses its new test facility to develop more efficient equipment.

Cardiac Insight raises $2.5M for sales push, FDA approval process

Kirkland company Cardiac Insight has raised $2.5 million in a Series C round to ramp up sales of its FDA-approved device and seek FDA approval for another.

Fresh off $3M NIH grant, UW spinout looks to raise up to $10M

Seattle-based ID Genomics is trying to raise up to $1 million to support the development of its bacterial infection test and could raise as much as $10 million later this year.

National Tech News

Sean Parker's pot campaign kicks off in S.F. as Calif. legalization heads onto ballot

Fast-growing Mountain View IT startup taps HP Enterprise veteran as CEO

Exclusive: Reddit signs lease for new office in S.F.'s Tenderloin near Union Square

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