Seattle's software industry is raking in new investment, with six local companies securing venture capital recently. New funding rounds were announced by software firms Getty Images, KenSci, Tango Card and Polly, according to company database Crunchbase.
Getty Images topped the city's recent funding headlines by announcing a $100 million private equity round on February 1, financed by Koch Equity Development.
According to its Crunchbase profile, "Getty Images is a creator and distributor of award-winning still imagery, video, music, and multimedia products, as well as other forms of premium digital content, available through its trusted house of brands, including iStock© and Thinkstock©. With its advanced search and image recognition technology, Getty Images serves business customers in more than 100 countries and is the first place creative and media professionals turn to discover, purchase and manage images and other digital content."
The 24-year-old company also raised a $500 million round in 2018.
Next up, KenSci raised $22 million in Series B funding, in a round announced on February 7 and led by Polaris Partners.
According to Crunchbase, "KenSci is the world’s first vertically integrated machine learning platform for healthcare. Our ambition is to make healthcare more proactive, more coordinated and more accountable. KenSci's Machine Learning Platform and Predictive Analytics Apps answer the hard questions about 'Who might get sick?'"
Founded in 2015, the company has raised two previous rounds, including a $8.5 million Series A round in 2017.
Meanwhile, Tango Card raised $10 million in private equity funding, announced on February 12. The round was financed by FTV Capital.
From the company's Crunchbase profile, "Tango Card bundles simple technology, great rewards and expert service to help companies get the most out of their reward programs. Almost every application and SaaS platform we use today has a reward or incentive component. From rewarding a first money transfer to Singapore to consistently meeting a step goal in your company's wellness program to making DFS disbursements more effective, rewards and incentives are a key building block of our modern economy."
Tango Card last raised $34 million in private equity funding in 2018.
Also of note, survey platform Polly raised $7 million in Series A funding, announced on February 13 and led by Slack Fund.
From Crunchbase, "Polly is a survey platform that helps teams to quickly collect feedback, allowing them to measure their workflows and improve employee and customer experiences. Its notable clients include Soylent, Auth0, and Grammarly. The company was founded in 2015 by former Microsoft engineers Samir Diwan and Bilal Aijazi."
The company previously raised $1.2 million in seed funding in 2016.
In total, Seattle-based software companies have raised $143 million in venture funding over the past month, and $1.9 billion over the past year.
This story was created automatically using local investment data, then reviewed by an editor. Click here for more about what we're doing. Got thoughts? Go here to share your feedback.
