10 Oregon companies positioning themselves for growth

BY JACOB PALMER | OB DIGITAL NEWS EDITOR

Ten startups have secured venture capital, angel or seed funding in 2015.

BY JACOB PALMER | OB DIGITAL NEWS EDITOR

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The amount of venture capital invested in Oregon companies peaked in 2000, but had its best year since in 2014.

Compared to other states on the West Coast, venture capital is not a big economic driver in Oregon.

The companies are well known as the face of the tech boom in Oregon. Through March 12, 10 businesses were the beneficiaries of investment activity. We won’t know if the state is going to keep pace with last year until companies submit their quarterly reports. But in Q4 of 2014 11 deals were made — representing the lowest mark of that year. Of the 10 deals in 2015, six came from venture capital firms, three received angel investments and one received successful seed funding round.

Click through to read about 10 Oregon-based companies that have secured investments since the start of 2015.

Source: PitchBook Data Inc.

Building Energy

Headquarters: Portland

How much? $300,000 in growth funding from Seattle-based Lighter Capital on March 4.

Read more about the deal here.

Snapflow

Headquarters: Portland

How much? $4.14 million equity, debt and options on February 20.

Read more about the deal here.

Urban Airship

Headquarters: Portland

How much did they get? $21 million in Series D financing round that wrapped up on February 20.

Read more about the deal here.

Zapproved

Headquarters: Hillsboro

How much: $15 million in a later stage funding round — led by K1 Investment Management — that wrapped up on February 2.

Read more about the deal here.

NVoicePay

Headquarters: Beaverton

How much? A $6 million financing round that ended on January 28. The round was led by Mosaik Partners with participation from Silicon Valley Bank and other investors.

Read more about the deal here.