In addition to the $100 million-plus private equity funding for software company K2 and confirmation of Facebook’s plans to grow to 2,000 employees in Seattle, we’re tracking a passel of smaller funding and partnership deals this week, including new investments for CoCo Communications, Glencoe Software, StratoScientific, APImetrics, and Stasys Medical. Also, Zillow closed its acquisition of Trulia and Porch teamed up with Windermere. Read on for details:
—CoCo Communications, which makes “high performance software-defined routers for mobile, dynamic wireless networks,” has raised $6.1 million. The Seattle-based company has provided ad-hoc networking technology to the military, public-safety agencies, and construction industry. GeekWire reports the funding is from existing investors and will help the company apply its technology in the connected home market.
—Glencoe Software, which makes image data management software for biopharma and other industries, has raised an $800,000 seed round from angel investors including TiE Angels Group Seattle. The funding will help the company market its technology for use in digital pathology. Seattle-based Glecoe provides access and customization of open source software for managing microscopy images and other data.
—StratoScientific, maker of the Steth IO smartphone stethoscope, has raised $550,000, according to an SEC filing. The company sprang from a collaboration between CEO Suman Mulumudi and his cardiologist dad Mahesh.
—APImetrics announced a $500,000 seed round led by Bain Capital Ventures. The Seattle-based company makes tools to help businesses understand how their application programming interfaces are performing. “Today’s IT managers need not just visibility into APIs across complex platforms, but the analytics that deliver actionable intelligence to back API performance,” said APImetrics CEO David O’Neill in a news release. “This capital will allow us to increase the speed of our development and growth in 2015.”
—Stasys Medical, a startup developing University of Washington technology for rapidly diagnosing a blood disorder in trauma patients, has raised a Series A funding round, led by The W Fund and WRF Capital. An SEC filing indicated the company had raised $160,000 from three investors out of a $663,000 round. The company has advanced its work to this point using grants from DARPA, the Life Sciences Discovery Fund, the Coulter Foundation, the National Science Foundation, Washington Research Foundation, and UW’s CoMotion—formerly known as the Center for Commercialization. The Series A funding will support development of a device to rapidly test for trauma-induced coagulopathy. The company expects to seek additional funding next year to gain regulatory approval with a goal of launching a product in 2018.
—Zillow this week completed its acquisition of Trulia, creating an online real estate entity so big it had to be called a group: The company formed the Zillow Group on closing the $2.5 billion stock purchase of Trulia. It also announced about 350 layoffs as a result of redundancies in the combined companies. Zillow Group consists of brands including Zillow, Trulia, StreetEasy, HotPads, Diverse Solutions, and Market Leader and employs about 2,000 people.
—Porch, the fast-growing home-improvement startup, inked a deal with Windermere Real Estate to provide Porch Home Reports—a digest of remodeling projects performed on a given property—for some 30,000 Winderemere.com listings. Agents will also be able to push other Porch content to their clients, and, in Seattle, to book home improvement professionals using Porch’s network.
