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Read about what’s going on in our network.

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Pioneer Square Labs spins out Shujinko, which wants to automate compliance work in the cloud

Two pervasive trends in modern enterprise computing could work out very nicely for Shujinko. The Seattle startup is launching Tuesday with $2.8 million in seed funding after a stint inside incubator Pioneer Square Labs. It plans to develop software-as-a-service that addresses problems companies have in trying to replicate the years of work they’ve done on compliance systems…

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Shujinko brings in $2.8M for its cloud security compliance platform

Shujinko — yes, like the Mortal Kombat character — is emerging from stealth today after raising $2.8 million in seed funding from Unusual Ventures, Defy, Vulcan Capital, PSL Ventures and Vas Ventures. The Seattle-based cloud security compliance platform is rolling out of startup studio Pioneer Square Labs, which itself recently raised $15 million to expand its incubation program.

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Defy defies the odds in funding Series A companies

Last fall, Defy Partners quietly raised $151 million for its maiden fund. Although the firm has largely operated under the radar since it wrapped up it fundraising, its Series A dealmaking is drawing attention. Co-Founders and Managing Directors Neil Sequeira and Trae Vassallo told VCJ that they went off to the races after the final close,…

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Owl raises $10 million for two-way car dashboard camera

Owl,  the two-way dash cam founded by a team of ex-Apple and Dropcam executives, has secured a $10 million Series A1 round led by Canvas Ventures. This brings Owl’s total funding to $28 million. “We’ve seen a lot of pent-up demand for car security, and Owl is tapping into that demand with a product that’s easy…

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Airspace Technologies Raises $8 Million Series A Led by Defy

Airspace Technologies, a technology enabled provider of time definite logistics, has raised an $8M Series A funding round to develop its next generation delivery network and software platform. The Series A was led by Defy with participation from Qualcomm Ventures (the investment arm of Qualcomm Incorporated), Cross Culture Ventures, and Schematic Ventures. Based in Carlsbad, CA, Airspace Technologies provides…

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