Veeve Raised $6.7M, Knock Was Acquired by RealPage, and More Seattle Tech News

Catch up on the latest developments from the Seattle tech sector.

Written by Ashley Bowden
Published on Oct. 17, 2022
Veeve Raised $6.7M, Knock Was Acquired by RealPage, and More Seattle Tech News
the veeve smart cart product interface
Photo: Veeve

Tech giant Meta made big news on the West Coast last week by opening a new Seattle office and teaming up with software developer Microsoft. Alongside these bigger names in the tech space, a range of other companies made growth moves of their own. Find out more in the Built In Seattle Weekly Refresh. 

Knock was acquired by RealPage. Customer relationship management platform Knock was added to Texas-based RealPage’s solution through an acquisition deal that closed in October. RealPage’s tech serves real estate owners and managers with smart property management solutions. The deal combines Knock’s suite of products with RealPage’s expertise in AI, yield management and other areas. [RealPage]

Microsoft and Meta partnered up. The two tech giants are making waves in the VR industry. Microsoft wants to create collaboration experiences for its Teams product in the metaverse using Meta Quest virtual reality devices. It’s also bringing apps like Word, Excel and PowerPoint into this virtual space and planning game-focused developments farther down the line. The two companies are currently hiring across several departments. [Built In Seattle]

Seattle Tech Quote of the Week

“What we’re seeing is this trilogy. Kubernetes is the best place to host your applications. Dapr is the best place to build your applications, and Diagrid Conductor is the best place to operate your applications. These three things combined make it [so] developers [are] able to build their applications quickly to market.” — Mark Fussell, co-founder and CEO of Diagrid

Diagrid secured $24.4M. The platform launched with a combination of seed and Series A funding. The company’s Diagrid Conductor solution was created to help cloud app developers code more easily using Dapr on Kubernetes. Sometime next year, the company plans to launch cloud runtime APIs to help developers run their code on platforms aside from Kubernetes. [Built In Seattle]

Deako pulled in $13.4M. Deako offers smart light switch technology that allows homebuilders and homeowners to switch to remotely-controlled lighting solutions. Its solution makes use of a home’s existing wiring and enables the owner to market the projects as smart homes. The company has secured $49.7 million, including this latest round from several industry investors. [GeekWire]

Meta opened its Bellevue office. The social media company opened its new office at the Block 16 building in the Spring District. Meta has signed leases on five buildings in this area, occupying a total of more than 1.4 million square feet of office space. The 11-story space in Block 16 is led by Paresh Rajwat, Meta’s new head of office in the Pacific Northwest. [GeekWire]

Veeve raised $6.7M. Veeve develops smart shopping solutions that help users find, weigh, scan and pay for their items. In addition to its shopping cart product, the company offers a device that can that attaches to regular shopping carts and gives them smart capabilities. It also plans to release a new version of its flagship cart that can hold 50 percent more items and has longer battery life. Its funding will accelerate this product roadmap. [GeekWire]

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