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Jun 05, 2020

Seattle-based startup Saykara hired Joy Efron as vice president of marketing. Efron has 20 years of experience as a strategist and business leader in health care, where she has helped commercialize care management, evidence-based guidelines, predictive analytics and electronic health records. Saykara has developed an artificial intelligence-powered assistant for physicians called Kara. The voice-enabled mobile app “listens” as doctors converse with their patients and then transfers the salient content into patients' electronic health records.
In Seattle, biopharmaceutical company Silverback Therapeutics appointed Vickie L. Capps as director and audit committee chair. Capps was CFO at DJO Global, as well as several other public and private companies. She holds a CPA designation and sits on the boards of several companies. Silverback is developing ways to eradicate solid tumors.
Vancouver-based ZoomInfo Technologies set the initial public offering price of its common stock at $21 per share and the stock opened trading yesterday at $40 per share under the symbol ZI. Underwriters were targeting an IPO price of $16-$18 per share for 44.5 million shares. ZoomInfo sells access to its database of business people and companies to sales, marketing and recruiting professionals.
In Seattle, Expeditors International of Washington acquired Portland-based Fleet Logistics' digital platform to support Expeditors' online shipping platform called Koho. Terms of the deal were not disclosed. Koho helps small shippers quote, book, manage and track their less-than-truckload shipments.
Federal regulators approved the Laurelwood District American Viticultural Area in Oregon's Willamette Valley. The area includes over 33,000 acres on parts of the Chehalem Mountains where Ponzi Vineyards and Dion Vineyards operate. Both vineyards sought to have the area classified as an AVA.
Jun 04, 2020
In Spokane, Urbanova hired Justin Bibb as chief strategy officer. Bibb has over 12 years of experience in government, corporate development, corporate strategy, consulting and community engagement. He was vice president of corporate strategy at KeyCorp and prior to that led the Global Cities Practice at Gallup. Urbanova is a public-private partnership focusing on opportunities and challenges faced by midsize cities.
Seattle-based Know Labs closed a $5.74 million financing round subscribed to by new and existing investors in the company. Know Labs directs structured light or radio waves through substances to capture molecular signatures used for identification, authentication and diagnosis. It is developing a noninvasive continuous glucose monitor that uses this technology.
Portland-based Stoel Rives launched its Main Street Relief Project, a no-cost legal service for independent restaurants, bars and small retailers affected by the economic shutdown in the communities where the firm has offices. Stoel Rives' pro bono committee is managing the program, which is available to small businesses in parts of Alaska, California, Idaho, Minnesota, Oregon, Utah and Washington.
In Portland, vacation rental management company Vacasa raised $108 million in Series D financing led by existing investor Silver Lake with participation from other existing investors including Riverwood Capital and Level Equity. Vacasa has been hit hard by the COVID-19 pandemic, as people stayed at home and avoided vacations. The company says business is picking up, with May bookings at six times those placed in April. It also started a cleaning program that exceeds current CDC guidelines.
Salem, Oregon-based Willamette Valley Bank recently processed 214 loans totaling $25.1 million under the Small Business Administration's Paycheck Protection Program. The bank, a subsidiary of Oregon Bancorp, estimated the loans have saved 2,854 jobs in the Willamette Valley.