Several Seattle tech companies are bolstering their solutions with fresh rounds of venture capital after last week’s developments. Check out which names are growing and what solutions they’re working to build. This is the Built In Seattle Weekly Refresh.
MotherDuck raised $47.5M. The company developed a serverless solution that functions alongside DuckDB, an open-source database. MotherDuck’s funding combines a $35 million Series A led by Andreessen Horowitz and a $12.5 million seed round from lead investor Redpoint. The money will help MotherDuck expand its engineering and go-to-market teams. [Built In Seattle]
Seattle companies ranked on Deloitte’s 2022 Technology Fast 500. Consulting company Deloitte released its annual list of the nation’s fastest-growing tech companies, and this year, 27 Seattle-based businesses made the list. The highest-ranking Seattle company claimed spot No. 10 on the list, a significant jump from last year when the topmost Seattle company landed No. 78. [Built In Seattle]
Seattle Tech Quote of the Week
Adaptively Education was featured in Built In’s Future 5 series. The edtech company combines live video instruction with online learning tools. With its reading and math-focused curriculum, Adaptively’s solution works to help students of any learning style prosper. Founded in 2020, the company will deepen its presence in California and Washington and work to expand its user base. [Built In Seattle]
CalmWave pulled in $4M. CalmWave wants to lessen the strain on nurses with its artificial intelligence-powered alarm monitoring solution. Its goal is to help hospitals improve their operational health by reducing alarm fatigue. CalmWave will use its new capital to add talent, invest in marketing and launch new products. [PR Newswire]
Spiral got $1.25M. The startup built an AI-based solution that works to scan various channels of customer feedback and allow companies to quickly respond to customer issues. Its solution currently serves business customers in industries like banking, fintech and insurance. Spiral’s latest injection of funding will fuel product development initiatives. [GeekWire]
