Weekly refresh: New Seattle tech fundings and Xbox body wash

by Sophie Kalt
June 10, 2019
as
photo via shutterstock

Highspot raises $60 million in Series D funding. Highspot goes above and beyond with their sales enablement platform that works for all customer facing roles — sales, support services, account development, and more. Expecting to hire around 250 new employees, Highspot is using the money to grow and expand globally. [Built In Seattle]

Green marketplace raises $20.5 million in Series B. LevelTen Energy works with retail renewable energy providers and corporate customers to provide convenient clean energy to companies. The company plans on using the $20.5 million to expand into Europe and double its team of 20 employees. [Built In Seattle]

Separate from its fund raise, LevelTen Energy is teaming up with Starbucks. Starbucks is using LevelTen Energy's platform to close a renewable energy portfolio that will include wind and solar farms in North Carolina, Oklahoma, and Texas. This makes Starbucks’ 2025 sustainability goals even closer in reach. [Press Release]

Possible Finance raises $10.5 million making it easier for people to loan. With a waitlist of 150,000 people, Possible Finance allows people to apply for small-dollar loans and can receive funds the next day. Possible Finance plans to double its 14 person team by the end of 2019 and expand into new states. [GeekWire]

This Seattle startup raises $5 million for cannabis products. SōRS Technology converts CBD and THC into a water-soluble product, putting their product in beverages, foods, and topicals. With 29 employees in science, sales and marketing, and a 30 partner customer base, SōRS Technology is adding to the CBD industry's momentum. [GeekWire]

Xbox body wash. Yes, you heard that right. Microsoft is partnering with the brand behind Axe body spray and coming out with Xbox body wash, shower gel and deodorant. It will be launched exclusively in Australia in July and smells like fruit, herbs and various styles of wood. Game on! [The Verge]

Avanade announces new CEO. Avanade, a tech company which provides services focused on the Microsoft platform, announced Pamela Maynard as the new CEO. Previously, she worked as the company's President of Product and Innovation. [Yahoo]

Apptio expands its global executive team. After the recent acquisition of Cloudability, Inc., Apptio has hired Scott Chancellor as Chief Product Officer and Todd Joseph as Chief Customer Officer. Chancellor, who previously worked at Amazon Web Services, will be responsible for leading a customer-driven vision and leading product management, product marketing and user experience functions.

Todd Joseph, formerly of Marketo, will be responsible for improving Apptio's SaaS customer experience. Apptio also announced it will be growing its international teams in Europe and India. [Press Release]

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