Bing Partners with Wolfram Alpha, OVP Leads $30M Fate Deal, Redfin Rakes In $10M, & More Seattle-Area Deals News
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to expand its customer base, including internationally in Europe and Asia.
—Seattle-based Redfin, the online real estate firm, raised a $10 million Series D funding round led by Greylock Partners. Existing investors Madrona Venture Group, Draper Fisher Jurvetson, Vulcan Capital, and The Hillman Company also participated in the round, which brings Redfin’s total funding to $30.8 million. Redfin, which turned profitable for the first time this year, said it will use the cash to expand its infrastructure for customer service, grow into new markets, and invest in R&D.
—Seattle’s Qliance Medical Management has been selected for a one-year pilot program to offer services to members of Washington state’s largest employee union, South Health & Wellness Trust, as Luke reported. Qliance runs primary-care health clinics that freeze out insurance companies and deal directly with patients.
—Seattle-based Widevine Technologies, a provider of content security software for online video operators, raised $7.25 million in equity financing, according to the VentureDeal database. Widevine is backed by investors including Constellation Growth Fund and VantagePoint Venture Partners.
—Microsoft’s Bing search engine team has formed a partnership with Wolfram Alpha, the advanced knowledge engine created by noted scientist and computing expert Stephen Wolfram. Financial details weren’t given, but the deal gives Bing users access to Wolfram Alpha’s algorithms and data on search topics like nutrition, health, and mathematics.