Amazon announced big expansion. The company plans to add more than 15,000 employees to its presence in Bellevue, Wash., over the next few years. It doesn't intend to reduce its headcount in Seattle with this expansion. [Built In Seattle]
Rad Power Bikes closed $25M in funding. The Seattle-based ebike company wants to open more physical locations as well as expand its mobile services. Vulcan Capital and Durable Capital Partners LP led the round. [PRNewswire]
Transparent Systems raised $14M. The fintech startup wants to modernize the infrastructure of financial institutions. Founded in 2018, it exited stealth mode with this Series A round. [Built In Seattle]
FreightWeb gained $3M. The logistics startup wants to make trucking more efficient. Madrona Venture Group and 8VC provided the seed funding. [Built In Seattle]
Techstars Seattle welcomed 2020 class. This marks the accelerator's eleventh class, and features 10 companies from places like Seattle, Portland, Atlanta, Ghana and more. The startups' demo day happens on April 29. [Press Release]
Kaskada made $8M. The machine learning company wants to facilitate collaboration between data scientists and engineers. The Series A round will allow it to make improvements to its platform and potentially hire. [Built In Seattle]