Portland computing startup secures $3.5M; tech firm relocates to downtown Eugene


TECH ROUNDUP: Cedexis has raised a total of about $13 million for its cloud-computing service.

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BY JACOB PALMER | OB DIGITAL NEWS EDITOR

Cedexis has raised a total of about $13 million for its cloud-computing service.

“We’re growing along with the market and it’s explosive growth,” said Grout, who was previously CEO of Hillsboro-based Radisys Corp. He took the top job at Cedexis last April, a rare connection between Portland’s bustling startup scene and Oregon’s old “new economy.”

Cedexis helps big companies manage their cloud computing, checking for the most efficient places to store data and the fastest ways to access it. Time is no longer a luxury, Grout said, because companies rely on real-time access to their online data and super-fast network connections to deliver software to their customers.

Read more at OregonLive.com.

Meanwhile in Eugene, a real estate tech company called IDX has moved into a new office, creating a tech cluster downtown, according to a story by the Register Guard.

“We can spy on AppNexus,
C3­Interactive and Palo Alto Software,” he joked. “We can shoot them with a paintball gun.”

About 50 IDX employees have moved into 10,000 square feet on the second and third floors of the large 1970s era concrete building at the corner of Broadway and Oak Street that Barczak and business partner Jeff Kast bought in 2003.

 




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