Month: August 2015

Jobs Roundup: G5, Kollective, Tech Soft 3D Are Hiring

Apologies for the blog being a bit slow this week. Bend’s tech and startup community is alive and well, this blogger has just been on a small vacation. But vacation’s nearly over! Now as summer rounds into fall, you may be thinking that you could use a little change. Maybe you could try a new Kombucha flavor (coconut lime?). Maybe upload a new Facebook profile pic. OR MAYBE YOU COULD GET A NEW JOB. Right here in Bend, Oregon.

Fortunately we can help with the latter. G5 just posted four jobs today, and Kollective, Tech Soft 3D and Western Communications are also hiring. You can actually meet the folks at Kollective tonight (Thursday) — they’re have a happy hour open house.

Here’s who is hiring:

G5
Web content specialist
Sr. Test Engineer
Technical Support Specialist
SEO Associate

Cascade Angels Invests $100k in Bend-Based Odysys

Cascade Angels Fund announced today that it has invested $100,000 in Bend-based start-up Odysys, Inc. (one of our #50startups).

According to the news release, the Cascade Angels team was impressed with the Odysys platform, which helps independent hotels improve their digital marketing efforts. The company launched its product this spring and is already generating revenue.

“We could not be more pleased with this investment,” says Kent Schnepp, Founder at Odysys. “Oregon-based funds are key to building strong, viable companies here.”

“Odysys has targeted an interesting and growing market,” says Julie Harrelson, CEO of Harrelson Group, which serves as the fund manager for Cascade Angels.

Cascade Angels’ 2015 Fund grew to $725,000 this year, a 58% increase over 2014’s fund. This is the 2015 Fund’s third investment, and second in a Bend technology company. Cascade Angels is a statewide fund. It’s mission is to create opportunities for investors and businesses in and with connections to Central Oregon to drive economic growth and fuel prosperity.

Why Kollective Chose to Expand in Bend Over Silicon Valley

When Dan Vetras learned that his company Kollective would need to move out its Sunnyvale office space, he floated a seemingly radical idea. What if instead of simply finding more expensive space in Silicon Valley, he moved his office — and willing employees — to Bend?

That idea became reality in July. Kollective will celebrate the grand opening of its new 4,000-square-foot space in the 1001 Tech Center next week. And though some startup founders here have faced questions and skepticism about the viability of scaling a tech company outside of a major tech city, Vetras has turned that concern on its head.

“I realized that managing and maintaining a VC-funded startup in Silicon Valley was becoming cost prohibitive,” he says. “Investors are very reluctant to spend their money on things that are not core to running the company or that appear to be overly inflated by abnormal market demand.”

FoodFu Selected to Pitch at Google Summer of Apps

As our old friend Ferris Bueller likes to say “Life moves pretty fast.” Lisa and Jim Sipe know what he means. The pair launched FoodFu, an interactive cooking competition app at the end of July. This week? Well, they’ll be pitching the app at Google as part of the Summer of Apps Eating & Drinking contest.

FoodFu is one of 10 finalists competing in the event, presented by Appcircus and Google. FoodFu will have three minutes to pitch in front of a panel Friday. Those judges include Nick Nappi from Season Six of FOX’s “MasterChef” and Kathy Kam, representing the Google Cloud Platform.

The panel will pick a winning app based on originality, technical feasibility, potential impact on the user, financial viability and design. The winner will receive a direct slot to present at the Mobile Premier Awards (MPA) 2016 in Barcelona, Spain, including airfare and a top networking dinner after the event. And the MPA is a Big Deal: Previous MPA winners include Waze, Layar, and Swiftkey.

Meet Kollective at Open House Aug. 27th

Kollective has been in Silicon Valley for more than a decade, but the tech company recently opened an office in Bend. Stay tuned for more on them later this week. The company moved a dozen of its SV employees to a new space in the 1001 Tech Center (and they’re hiring more people here. See our jobs board.)

So come meet them and see their cool digs Aug. 27th. It’s a happy hour. You’re invited. Yes you! Details below.

#Dogsofstartups: Kosmo Lovin’ Life at Agency Revolution

There are dogs on the blog! It’s the middle of August and I’m not gonna lie: it just feels right. We’re restarting our occasional (and yet incredibly hard-hitting) series called #dogsofstartups.

Meet Kosmo, the newest pooch at Agency Revolution. He’s a Portuguese Water Dog and he quite obviously loves life. Look at his face! He could be a dog model. Have a dog that keeps your company happy? Send a pic our way!

Startups: Apply for Bend Venture Conference by Friday, Aug. 14

Do you have a startup that could benefit from a little investment? Or perhaps a big investment? Well you have to apply for the Bend Venture Conference, the state’s largest angel conference, by Friday, Aug. 14. The conference is scheduled for Oct. 16.

Last year’s participating startups received more than $1 million in investments and awards. And we wrote about many of them on this very blog. Win-win people. Win-win.

The BVC is looking for both early and growth stage companies. Here’s the process going forward for both:

Early stage application process

  • Apply to present at the BVC. 
  • Upstart Day. UpStart Day is a fast-paced review of Early Stage company contenders, with feedback provided from a professional panel.  The strongest Early Stage Companies will become eligible to present at the September 24th PubTalk.
  • PubTalk Competition. On September 24th Central Oregon PubTalk hosts a pitch competition to narrow down the Early Stage companies selected from Upstart Day. From that field, five Early Stage companies are chosen to go on to BVC by the PubTalk attendees.  At the conference on October 16th, the finalists have three minutes to pitch. The winner of the grant, sponsored by BendBroadband, is once again selected by audience vote.

G5 Raises $76 million Led by Peak Equity Partners

G5 announced today that it closed a $76 million investment round, led by Peak Equity Partners, a Pennsylvania-based private equity firm focused on the enterprise software market.

The investment will allow the 10-year-old company to accelerate the features development for its G5 Marketing Cloud, digital marketing platform for the property management industry.  The G5 Marketing Cloud delivers tools for sites, search, social, and advocacy as well as analytics to measure and optimize results.

Co-founder and CEO Dan Hobin told the Bulletin that the investment will allow the company to add new software developers and other employees, but that there aren’t plans for immediate change beyond hiring. The executive team will stay in place and the company will remain in Bend. G5 currently has 175 employees.