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June 18, 2020
Seattle and Los Angeles tech startup Zeitworks raised $4.5 million in a seed investment round led by Madrona Venture Group. Jazz Venture Partners and Spencer Rascoff, co-founder of Zillow, also invested seed money in the company. The funding is going toward building engineering and product teams. As part of the financing, Madrona managing director Len Jordan joined Zeitworks' board. Zeitworks is developing a software-as-a-service platform that uses machine learning to analyze and make improvements to customers' business processes.
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