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Goal-setting co Ally io raises $50 mn from Greenoaks, Tiger Global, others

Ally.io, a firm that specializes in goal-setting and business execution software, has raised $50 million in Series C funding round led by Greenoaks Capital. Tiger Global, which led the company’s Series B round, and Madrona Venture Group also joined the round. Other previous investors Accel, Addition Ventures, Founders’ Co-Op, and Vulcan Capital also participated. With this funding, Ally.io, which has offices in Seattle and Chennai, has raised a total of $76 million. This makes the three-year-old SaaS (software-as-a-service) company the leading player in the OKR (objectives and key results) space and primed to transform how companies integrate goals with every business rhythm.

Ally raises $50M as remote work drives demand for goal-setting collaboration software

Ally raises $50M as remote work drives demand for goal-setting collaboration software Geekwire 2/17/2021 Taylor Soper © Provided by Geekwire Ally founder and CEO Vetri Vellore accepts the award for Startup of the Year at the GeekWire Awards 2020. Investors are going all in on Ally. The Seattle startup just landed a $50 million Series C round led by Green Oaks Capital, Tiger Global, and Madrona Venture Group. Total funding to date is $76 million since the company’s launch in 2018 and two previous rounds raised in 2019. Ally helps companies track and hit their goals, or Objectives and Key Results (OKR), a popular framework for running teams and businesses. The idea is to bring together data from across an organization and keep employees on the same page as they work toward milestones. Customers include brands such as Dropbox, Nike, Overstock.com and others.

Madrona puts Create33 on pause as pandemic upends startup community and co-working space

Madrona puts Create33 on pause as pandemic upends startup community and co-working space January 27, 2021 at 7:44 am Create33 in Seattle. (GeekWire Photo) Create33, the Seattle-based “founder center” established by Madrona Venture Group, is no longer operating a co-working space and is revamping its membership program due to changes caused by the pandemic. Create33 launched in July 2018 one floor beneath the downtown office of Madrona, a long-time Pacific Northwest venture capital firm that provided financial support for the organization. It aimed to be a community nexus of the Seattle startup ecosystem where budding entrepreneurs could learn from mentors, network with peers, attend events, and rent office space.

Is the regulatory crusade against Big Tech over? What experts expect under Biden administration

Is the regulatory crusade against Big Tech over? What experts expect under Biden administration January 22, 2021 at 9:00 am Underwritten by GeekWire’s civic coverage examines tech policy, urban development, transportation, housing, the environment, regulation, and other issues impacting the innovation economy. Biden at his presidential kickoff rally in Philadelphia. (Wikimedia Photo / Michael Stokes) When President Joe Biden and Vice President Kamala Harris were sworn in Wednesday, they inherited a unique opportunity to rein in the technology industry. In addition to bipartisan support for some form of Big Tech regulation, the Biden administration has the benefit of a Democrat-controlled Congress. But Biden plans to pack as much into his first two years in office as possible, signing a flurry of executive orders on his first day in office that target the pandemic, climate change, and other objectives. With such a long list of pressing priorities, many in the technology secto

9 companies that help businesses advertise, sell on Amazon

Investors: Mercury Fund, SaaS Ventures, Nigel Morris, Dundee Venture Capital, Cincy Tech Many companies in this sector specialize in machine learning or AI-based tools, but Amify emphasizes its people-based approach to maximizing its customers Amazon revenues. The company combines a human touch with a holistic approach to the challenges of selling on the platform.  Most of our competitors are focused in just one area or only have small teams of about five to 10 people. Amify focuses on end-to-end services and has a team of almost 80 people, said Ethan McAfee, founder and CEO. We are venture capital funded, which has allowed us to hire top talent and invest in automation and analytics.

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