RAIN selects next group of startups for accelerator

The startup accelerator in Eugene selected nine new companies to participate it its 12-week program.

Share this article!


The startup accelerator in Eugene selected nine new companies to participate in its 12-week program.

The Register Guard reported on the companies RAIN selected for its second class:

Bloxi: A social site that allows people to create, take and share online quizzes in three categories: “Those that tell people about your knowledge, those that share your opinion, and those that tell you about yourself,” the company said. Blocks of questions include, for example, trivia about the TV hit series “Breaking Bad,” information about printing typefaces, and questions that determine if you would “survive a zombie apocalypse.” 

e-Formatter: Uses copies of reports supplied by a client to write a custom computer code to format, extract and output the data in whatever format the client wants, such as Excel. 

In Central Oregon, the Cascade Angels Fund is now taking applications, the Bend Bulletin reports.

The 2015 fund has started taking applications for its first round at Gust.com. The deadline is March 2, according to a news release. Fund manager Harrelson Group expects to hold more application rounds, with the fund investing in one to four companies this year. Investments are anticipated to be $50,000 to $250,000 on average, the news release stated.

Cascade Angels Fund 2014 LLC invested close to $400,000 and helped push the total investment from the 2014 Bend Venture Conference to more than $1 million.

Oregon BEST, the state agency charged with awarding grants to cleantech startups hired Steve Morris, who the Portland Business Journal described as a “serial entrepreneur.”

Morris will continue to serve as part-time executive director for the Oregon Technology Business Center, a technology incubator in Beaverton. Morris is a veteran of three investor-funded startups and two business-unit startups within larger companies, including Credence Corp. and Mentor Graphics.

Morris graduated with a degree in math from Reed College and earned his master’s from the Carnegie-Mellon University Graduate School of Industrial Administration (ne The Tepper School of Business).