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B2B Venture Capital: Corporate Social Media, Marijuana Procurement, and Big Data

PYMNTS

This week, the two countries were the only markets that landed on the B2B venture capital board, with funding landing at SaaS, Big Data and procurement startups across a range of industries, from corporate social media management to marijuana procurement. PYMNTS breaks down the $24 million in venture capital raised. Back in the U.S.,

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Morty Raises $3M To Bring Its Online Mortgage Platform To The Masses

PYMNTS

The $3 million in funding was led by Thrive Capital, including participation from SV Angel, Techstars, FJ Labs, Corigin Ventures, MetaProp and a number of angel investors, reported TechCrunch. The platform is licensed in Colorado, Florida, Georgia, Maryland, Minnesota, North Carolina, Oregon, Tennessee, Virginia and Washington, D.C.

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Can Pivotus Help Save Banks from Themselves?

Bank Innovation

Pivotus Ventures, a new venture capital firm launched by Umpqua Holdings Corporation, believes that drastic action is needed to keep banks relevant in the coming years. Just last year, the Portland, Oregon-based corporation performed the rare feat of upgrading its core Read More. If any FIs can do it, Umpqua is certainly among them.

Portland 150
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Pot Delivery Company Dutchie Raises $3M

PYMNTS

According to a report citing the company, the funding came from Casa Verde Capital, which is a $45 million venture firm that was founded by hip-hop star Snoop Dogg. Since launching Dutchie in 2017, the company has been slowly growing the business, recently signing on 50 dispensaries in Oregon.

Company 138
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ID Experts Light Up Portland

PYMNTS

News out of Oregon implies significant appetite among investors for cybersecurity firms. Early in the year, the company raised $5 million from backers that included BlueCross BlueShield Venture Partners and Oregon-based Rogue Venture Partners. The new owners of ID Experts are Peloton Equity and Trident Capital.

Portland 100
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Blue Nile Adds Fifth Showroom, This One Near Headquarters

PYMNTS

Nearly a year and a half after it opened its first brick-and-mortar store on Long Island, online jewelry retailer Blue Nile has opened its fifth store in Bellevue, Washington, near its headquarters. Despite its main success through online jewelry sales, the 17-year-old company sees value in connecting with customers one-on-one and in-person.

Oregon 100
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AltFin Proves Its Staying Power With Asian Investors

PYMNTS

More than $150 million in venture capital bolstered the B2B FinTech market this week, and while investors made big steps into areas like human resources, fleet management and artificial intelligence (AI), it was an old favorite that saw the most, and largest, investment rounds: alternative lending. Capital Match. Alternative Lending.

Capital 135