As the month of July came to a close, startups and tech giants in Seattle closed funding rounds and announced future plans and acquisitions. Catch up on Getty Images’ SPAC merger and Ookla’s acquisition of CellRebel with the Built In Seattle Weekly Refresh.
Latchel raised $16.7M. Latchel’s platform helps property managers with maintenance requests by simplifying the scheduling process and providing a call and text line for tenants who have maintenance questions. The platform also partners with other companies to give residents discounts on rental and pet insurance. With the new capital, Latchel is looking to increase third-party integration support for its platform. [Built In Seattle]
Funko announced its first video game. Funko, the manufacturer of licensed figurines Funko Pops!, announced it will develop an AAA video game in partnership with 10:10 Games. The game is expected to launch next year. This is not Funko’s first venture into the digital world. Recently the company began selling NFTs of licensed products after it acquired a majority stake in TokenWave. [Built In Seattle]
Chicago Tech Quote of the week
Getty Images went public again. Through a SPAC merger with CC Neuberger Principal Holdings II, Getty Images is once again listed on the New York Stock Exchange under the ticker “GETY.” The deal, which was first announced in December, valued the company at $4.8 billion. Shares of Getty Images’ stock went live at $9.35 per share. [Built In Seattle]
Ookla acquired CellRebel. Ookla provides network and connectivity insights including a web tool that measures internet speeds. The Seattle-based company announced that it acquired Swedish company CellRebel for an undisclosed amount. CellRebel helps other telecommunications companies improve their mobile network capabilities. Together the two companies will work on providing a better understanding of the telecommunication industry. [Business Wire]
