Search results for Madrona
AI & Enterprise
Perplexity alumnus launches Polar AI browser aimed at knowledge workers
Kevin Zhang, who took part in developing Perplexity\'s AI browser Comet, has founded an AI browser startup called Polar aimed at knowledge workers and raised $5.7 million in seed funding. TechCrunch reported the round was led by Madrona. Polar focuses on workflow automation rather than consumer browsing, letting users delegate tasks to agents based on open tabs and save prompts. The browser is free with limited daily credits, with subscriptions starting at $20 a month for higher limits.
AI & Enterprise
Deepgram raises $130 million in Series C, expands into drive-thru
Real-time voice AI startup Deepgram raised $130 million in a Series C funding round and will acquire voice AI startup OfOne, SiliconANGLE reported. The round was led by AVP with participation from investors including Alkeon, In-Q-Tel, Madrona, Tiger, Wing and Y Combinator, plus Columbia University, Twilio, SAP and Princeville Capital. The financing valued Deepgram at $1.3 billion. Deepgram said the OfOne deal will help it expand into restaurant and drive-thru markets.
AI & Enterprise
Snowflake to acquire observability startup Observe in $1 billion deal
Snowflake has agreed to acquire observability specialist Observe, TechCrunch reported on Jan. 8. Financial terms were not disclosed, but reports put the deal at about $1 billion, making it Snowflake\'s biggest acquisition to date. Observe provides a platform that monitors software system performance issues and was built on the Snowflake database. Snowflake plans to help customers centrally manage logs, metrics and trace data and detect potential errors earlier. The deal awaits regulatory approval.