Seattle-based consulting firm Milliman said Tuesday it has acquired SkySail Rx, a pharmacy benefit tech firm based near Cleveland. SkySail’s technology analyzes pharmacy data to help with functions like claim summarization and repricing.
Seattle News
Built in Seattle: Snap Raise Got $90M, Remitly Going Public, and More Seattle Tech News
With plenty of new tech developments last week on the Puget Sound, read up on what’s in the works for these companies after raising fresh funding and more. This is the Built In Seattle weekly refresh.
GeekWire: Diagnostics startup ID Genomics snags NIH grant to develop rapid test for COVID-19 variants
Diagnostics startup ID Genomics will accelerate its development of a quick test for variants of the COVID-19 virus with a new grant from the U.S. National Institutes of Health. The Seattle-based company announced the $300,000 small business grant Tuesday for the dipstick-based test, currently dubbed CovNET. ID Genomics is also eligible for a follow-on grant of up to $3 million.
Built in Seattle: LevelTen Energy Raises $35M Series C From Google, Techstars and Others
Earlier this month, the United Nations released a climate change report stressing the need for industries, governments and individuals alike to immediately reduce their contributions to greenhouse gases. Although hundreds of cities across the United States have adopted plans to limit carbon emissions, most are falling short of their goals, according to recent reports.
Seattle Times: Microsoft recruits longtime Amazon cloud exec Charlie Bell
Microsoft appears to have scored a personnel win in the cloud wars, hiring former Amazon Web Services Senior Vice President Charlie Bell. The move comes as Microsoft’s Azure cloud-computing wing continues to claw market share away from AWS, according to research firm Canalys.
Built in Seattle: Teleport Raises $30M Series B, on Track to Hire 100th Employee This Year
Software startup Teleport just raised new funding in order to capitalize on its recent growth. Last week, Teleport announced that it raised $30 million in a Series B funding round led by Kleiner Perkins. This new round comes over a year and a half after its $25 million Series A, which was also led by Kleiner Perkins.
Built in Seattle: Pushpay Is Acquiring Streaming Company Resi Media for $150M
On Tuesday, church and nonprofit donation platform Pushpay announced its plans to acquire video streaming company Resi Media. Pushpay revealed that it was paying $150 million for the streaming startup in a combination of cash and Pushpay stock. The deal is expected to close next month.
Built in Seattle: Payscale Bought CURO, LitPic Raised $1.5M, and More Seattle Tech News
With a new acquisition, fresh venture funding and more in the Seattle tech sector, find out what’s underway for these companies on the Puget Sound. Read on for the latest. This is the Built In Seattle weekly refresh.
Built in Seattle: TaxBit Reaches $1.33B Valuation After $130M Series B Funding
One of the newest startups to enter the Seattle tech scene has already solidified its status as a unicorn. On Thursday, tax software startup TaxBit announced the closing of its $130 million Series B funding round, which was led by IVP and Insight Partners.
GeekWire: Seattle startup Lumen Bioscience is working with Google to make drugs using algae
Can machine learning help spur the production of algae-based biologics? That’s the question new research from Seattle biotech startup Lumen Bioscience and Google aims to answer.