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5 hot IT budget investments — and 2 going cold

CIO Business Intelligence

Fifty-two percent of organizations plan to increase or maintain their IT spending this year, according to Enterprise Strategy Group. This applies to his IT group as well, specifically, in using AI to automate the review of customer contracts, Nardecchia says. Enterprise communications services saw slow but steady 1.6%

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Recruiting startup SeekOut raises $65M to take on LinkedIn and other talent acquisition companies

GeekWire

From left to right: SeekOut CEO Anoop Gupta; SeekOut CTO Aravind Bala; Madrona Venture Group Managing Director and SeekOut board member S. The Series B round, led by Tiger Global with participation from Madrona Venture Group and Mayfield, values the company at close to $500 million. SeekOut Photo).

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Who will be the Next Tech Titan? Cast your vote in the GeekWire Awards

GeekWire

Related coverage: Flexe is Seattle’s newest unicorn: Warehousing startup lands $119M, reaches $1B valuation Group14 Technologies Group14 Technologies Chief Technology Officer Rick Costantino, left, and CEO Rick Luebbe inside of the company’s manufacturing factory in Woodinville.

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SeekOut lays off 7% of staff in restructuring but plans to grow headcount this year

GeekWire

Its investors include Tiger Global Management, Madrona Venture Group, Mayfield, and others. SeekOut CEO Anoop Gupta is a former technical assistant to Bill Gates who previously led Microsoft’s Unified Communications Group. SeekOut has raised $189 million to date.

CTO Hire 105
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Recruiting software company SeekOut lays off employees in another round of cuts

GeekWire

SeekOut CEO Anoop Gupta is a former technical assistant to Bill Gates who previously led Microsoft’s Unified Communications Group. Tech giants such as Amazon and Google also laid off employees. He won CEO of the Year honors at the 2022 GeekWire Awards.

Software 112
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Meet the unicorns: A look at the 15 Seattle-area startups that boast valuations over $1 billion

GeekWire

Before we learn more about the current crop of Seattle area unicorns, a few interesting facts about this group of 15: None of the Seattle area unicorns boast a female or Black CEO, a disappointing statistic that signals how the venture and startup community has a long way to go to diversify. Chris Suarez , CEO of PDX Property Group.

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Latest unicorn sighting in Seattle: SeekOut lands $115M to expand recruiting software

GeekWire

” The people: Gupta is a former technical assistant to Bill Gates who previously led Microsoft’s Unified Communications Group. Other investors include Madrona Venture Group and Mayfield. SeekOut tripled headcount last year and now employs 120 people. The investors: Tiger Global Management led the Series C round.

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