Marchex acquisition of Sonar Technologies : Seattle-based call analytics provider Marchex has acquired Sonar Technologies, an enterprise text analytics company in a cash-cum-stock deal worth up to $14 million. Sonar Technologies offers an enterprise-level text and messaging platform for firms seeking to boost revenue by enhancing consumer experience and engagement. The technology of the enterprise […]
US biopharma company Sound Pharmaceuticals said that its investigational drug SPI-1005 has secured the fast track designation (FTD) from the US Food and Drug Administration (FDA) for the treatment of Meniere’s Disease (MD), a disorder of the inner ear. The FTD was granted by the FTD’s Division of Neurology Products, which is for drugs that can […]
Fintech industry news : Seattle based online money transfer company Remitly has raised $220 million of new capital through a combination of equity financing and debt financing for enhancing its financial products and to expand its customer base across the world. Through its Series E equity round, Remitly secured $135 million, while the remaining $85 […]
Food processing news : Campbell Soup Company has agreed to sell its refrigerated soup plant in Everett, Washington to an affiliate of Seattle-based private investment company Joshua Green Corporation (JGC) for an undisclosed price. The refrigerated soup plant, which spans 225,000sft is used by the Campbell Fresh division. It manufactures Bolthouse Farms’ portfolio of fresh […]
Drinks acquisition news : Two of Seattle’s brewery companies Schooner Brewing and San Juan Seltzer have merged into a single entity to focus on new offerings. Financial terms of the merger were not disclosed. San Juan Seltzer started in May 2018 with the Northwest brewed, spiked sparkling water. The spiked seltzer company claims that its […]
Amazing Lash Studio, a provider of eyelash extension services has opened its first eyelash studio in Seattle, Washington. The Amazing Lash Studio Seattle is owned and managed by partners Yvonne & Erik Werner and Melody & Rob Conner. Amazing Lash Studio offers its customers semi-permanent eyelash extensions at retail eyelash studios across the US in […]