Oct 22, 2021
Seattle-based MoxiWorks, a real estate technology platform, announced they have acquired reeazily, an enterprise back-office solution that helps manage real estate transactions across the entire real estate organization. The financial terms of the deal were not disclosed. Now, on its fourth generation, reeazily includes a complete brokerage back-office solution, broker.ez, which integrates QuickBooks Online for accounting. Reeazily also integrates with DocuSign, SkySlope and Dotloop for transaction document management, all of which are existing partners in MoxiWorks' MoxiCloud Partner Program. The entire reeazily team will be joining MoxiWorks and will become Moxians, and reeazily CSO and co-founder Casey Reagan, will stay on board as MoxiWorks' director of product management for back-office solutions. MoxiWorks acquired marketing automation platform, Imprev in November of 2019 which has expanded MoxiWorks' marketing offering, MoxiImpress, powering agent marketing efforts though the complete automation of listing materials. York Baur is the CEO of MoxiWorks.
Betacom, longtime design and deployment partner for telecommunication companies including AT&T, T-Mobile and Verizon, announced that its private wireless solution 5G-as-a-Service has won a Mobile Breakthrough Award for 5G Innovation of the Year. Part of Tech Breakthrough, a market intelligence and recognition platform for global technology innovation and leadership, the Mobile Breakthrough Awards program is devoted to honoring excellence in mobile and wireless technology companies, products and people. Betacom 5G-as-a-Service is a fully managed private wireless service, enabling U.S. enterprises to have access to cost-effective, high-performance 5G networks. Betacom enterprise customers retain ownership of the network and local control of their data, with network management delivered via Betacom Security and Service Operations Center, a AI-driven NOC hosted on Microsoft Azure. Founded in 1991 and headquartered in Bellevue, Betacom has offices across the United States.
CI Financial and McCutchen Group announced an agreement under which CI will acquire Seattle-based McCutchen Group, an ultra-high-net-worth focused wealth management firm. Founded in 2007, McCutchen Group provides comprehensive financial advisory services ranging from investment management to tax, charitable and estate planning, as well as family office services. Since entering the U.S. registered investment advisor sector in January 2020, CI has become one of the country's fastest-growing national wealth management platforms. The Asset & Wealth Management Investment Banking Group of Raymond James & Associates acted as financial advisor to McCutchen Group and Perkins Coie served as legal advisor. CI's legal advisor was Hogan Lovells US. This transaction is expected to close later this year, subject to regulatory approval and other customary closing conditions. Financial terms were not disclosed.
Oct 21, 2021
Avalara, a provider of tax compliance automation software for businesses of all sizes, acquired CrowdReason, a developer of SaaS-based property tax compliance applications. CrowdReason's expertise will extend Avalara's capabilities in several key areas, including document management, tax content and property tax returns. Financial terms of the deal were not disclosed. Avalara also acquired the assets of a valuation advisory services business from CorrelationAdvisors as part of the deal. Earlier this month, Avalara acquired Track1099, which automates the managing, filing and delivery of IRS forms. Headquartered in Seattle, Avalara has offices across the U.S. and around the world in Brazil, Europe and India.
Alaska Communications agreed to supply low Earth orbit (LEO) satellite service through OneWeb to Bristol Bay Telephone Cooperative. LEO satellites deliver fiber-like connectivity performance to areas that are difficult and expensive to reach via terrestrial options. The cooperative will initially use this service to connect its offices and facilities. In the future, it plans to extend it to residents in the region and augment its voice and mobile data network. Announced in June, OneWeb and Alaska Communications are collaborating to deliver a fiber-like connectivity experience everywhere in Alaska. Through the agreement, Alaska Communications will sell OneWeb's LEO satellite service to its customers and use it for critical middle mile connections. LEO service for Bristol Bay Telephone will begin in November. Alaska Communications, an affiliate of ATN International, provides advanced broadband and managed IT services for businesses and consumers in Alaska.
Bellevue-based Smartsheet, an enterprise platform for dynamic work, unveiled new steps it is taking to strengthen its presence in the European Union and Germany to better serve its growing list of global customers. Smartsheet launched Smartsheet Regions, which gives global organizations more control over where they host their Smartsheet content, making it easier for customers to address regional compliance, privacy and governance requirements. Smartsheet Regions is now available in the EU and will support new accounts and work assets created there. Smartsheet Regions EU hosts customers' content in Frankfurt, Germany. More international regions will be added next year. Smartsheet also announced a new partnership with Bechtle, one of Europe's leading IT providers. Bechtle joins Smartsheet's growing partner community in Germany, Austria and Switzerland. Other regional partners include AMX, Nanga Systems, ON-MC and Star Cooperation. To further support its growing customer and partner base in the region, Smartsheet is expanding its local team in Germany to bolster its existing international presence in London, Edinburgh and Sydney.
Oct 20, 2021
Seattle-based Fashwire, the parent company of web-based platforms FashWire and GlossWire, won first place in the category of Women in Business at the International Trade Council's Annual Go Global Awards ceremony. Founded in 2018 by Kimberly Carney, FashWire's global platform, a two-sided marketplace, provides over 400 fashion designers from more than 35 countries insight into consumer shopping patterns through trending data and real-time actionable insights in the ready-to-wear, shoes and accessories space. Fashwire expanded into the beauty industry with the launch of GlossWire in February, which connects brands and consumers through the same data-driven platform. The International Trade Council's Go Global Awards celebrate organizations that drive the global economy through their innovations, technologies and strategies.
CaliBurger, a Cali Group portfolio company, announced that it will open its first restaurant since the onset of the pandemic in early 2020 in the greater Seattle area, the third in the Seattle market. The restaurant will be at 18336 Aurora Ave. N. in Shoreline and will feature Flippy, an autonomous robot system taking over the work of an entire fry station. While the Shoreline store will use Flippy to initially cook french fries, Flippy can also cook chicken breasts and tenders, onion rings and sweet potato waffle fries. The system's image recognition technology allows for real-time quality control to prevent any food quality errors during the cooking process. Developed by Miso Robotics, the technology that brings Flippy to life has been in development for almost five years and represents over a quarter million labor hours of engineering time devoted to building the base software, intelligence and platforms. The new CaliBurger restaurant will also have PopID's latest face-based ordering and payment system.
Ohio-based Hexion recently expanded its Portland manufacturing site to support its ArmorBuilt Wildfire Shield product. The addition recently came online after an earlier expansion in the first quarter of the year. ArmorBuilt Wildfire Shield offers a durable, fire mitigation safeguard for securing critical infrastructure. ArmorBuilt has also passed an industry approved wildfire simulation burn test for fire resistance. With its insulating and self-healing properties, ArmorBuilt provides a burn-prevention material for a variety of industries that are potentially affected by fires, including wildfires.