Mentoring software maker Chronus raises $78M as hybrid workforce and DEI needs drive demand

Mentoring software maker Chronus raises $78M as hybrid workforce and DEI needs drive demand

Seena Mortzavi, CEO of Chronus. (Chronus photo) Chronus, the Bellevue, Washington-based maker of mentoring software, announced on Wednesday a new $ 78 million funding. Chronus offers digital tools that support companies in implementing employee development programs for mentoring and coaching. The strong new investment comes from Level Equity from New York and San Francisco. Demand … Read more

Smart-home device maker Wyze raises $110M as it plans to inject AI heavily into camera products

Smart-home device maker Wyze raises $110M as it plans to inject AI heavily into camera products

The Wyze Cam Outdoor from Wyze Labs. (Wyze photo) Smart home device maker Wyze Labs raised $ 110 million in new funds on Friday, according to GeekWire, reflecting the Kirkland, Washington, U.S.-based company’s plans to improve its existing line of products and bring even more to market bring forward. Wyze has launched more than 30 … Read more

Quiet supersonic jet maker Aerion abruptly shuts down

Jon Fingas

Companies get to know firsthand the challenges of building quiet supersonic jets. Both Florida Today and CNBC report that Aerion Supersonic is suddenly shutting down. The budding manufacturer of quiet supersonic business jets said it had problems securing funding in the “current financial environment” and had taken “appropriate steps” given the situation. The company had … Read more

Bungie’s growth plans: Destiny maker will expand Seattle-area HQ and release new IP by 2025

Bungie’s growth plans: Destiny maker will expand Seattle-area HQ and release new IP by 2025

Destiny 2: Beyond Light. (Bungie picture) Bungie, the Bellevue, Washington-based video game company behind popular online shooter Destiny 2, is preparing to take its business to the next level. Bungie announced plans on Thursday to open its first international studio in Amsterdam in 2022 and more than double the size of its US headquarters. It … Read more