From leadership changes at a high-profile rideshare company to funding secured by an innovative software business, check out what developments the Seattle tech scene underwent last week. This is the Built In Seattle Weekly Refresh.
EigenLayer secured $50M. Cryptocurrency specialist EigenLayer announced a sizeable Series A funding round for its staking protocol solution. Equipped with fresh capital, the company plans to launch the initial version of its protocol in phases throughout the year. EigenLayer is backed by investors including Blockchain Capital and Electric Capital. [CoinDesk]
Seattle Tech Quote of the Week
“When the [Lyft] search committee asked me to consider this role, at first I was gobsmacked, but the more I thought about it, the more I realized that the competitive spirit I learned at Microsoft, the customer obsession I learned at Amazon and the do-more-with-less lessons I learned leading Worldreader are exactly what Lyft needs right now.” — David Risher, incoming CEO of Lyft
Lyft appointed a new CEO. Rideshare company Lyft’s co-founders Logan Green and John Zimmer will step down from their current leadership positions to make way for David Risher. Risher, formerly an early employee of Amazon and a manager at Microsoft, will take on the responsibilities of CEO at Lyft. The succession will take place on April 17. [Built In Seattle]
Payscore pulled in fresh capital. With a software tool that aims to prioritize the best interests of property managers and potential tenants, Payscore secured a new round of capital for its income verification technology. The money will go toward hiring talent across its data science, business development, sales, marketing and software engineering teams. [Built In Seattle]
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