Convoy Raised $260M, One More Game Got $22M, and More Seattle Tech News
The Seattle tech scene had some big announcements this past week that you might have missed. Keep reading to learn about job opportunities, a new accelerator program and more. This is the Built In Seattle weekly refresh.
Convoy received $260M. Convoy uses machine learning and automation for a digital freight network. With this funding round, the company’s valuation increased to $3.8 billion. The company will use the funds to create “efficiency-focused” technologies. Convoy also appointed a new chief financial officer in Sonia Jain, who has more than 15 years of experience in financial leadership. [Built In Seattle]
One More Game gained $22M. The gaming studio that has worked on Warcraft and Diablo raised a Series A round led by Lightspeed Venture Partners. The new funding will go toward the development of Spellcraft, its first game title. [Built In Seattle]
SEATTLE TECH QUOTE OF THE WEEK
Amazon Web Services will invest in startups created by underrepresented groups. Amazon’s subsidiary AWS announced it will be investing in startups led by founders who identify as Black, Latinx, women or LGBTQIA+. The AWS Impact Accelerator will invest over $30 million over the next three years in these startups, with the program launching in stages. [Built In Seattle]
Picket Homes raised a Series A. Picket Homes closed a Series A round from RET Ventures. Picket Homes separates itself from other companies by helping real estate investors search for single-family rental (SFR) properties. Picket Homes said it will use the capital to grow and to provide its product to more customers. The company is currently hiring. [Built In Seattle]