[Updated, 5/23/17, 5:50am. See below] One of the Northwest’s most intriguing startups has a new wad of cash. Bellevue, WA-based Echodyne said it has raised $29 million in Series B funding led by New Enterprise Associates. The company’s previous investors also participated in the round; they include Bill Gates, Paul Allen’s Vulcan Capital, Madrona Venture Group, Lux Capital, and The Kresge Foundation.
Echodyne is using metamaterials technology to develop a new kind of lightweight radar that could be used as a vision system in drones, self-driving vehicles, and other machines. The company was spun out of Intellectual Ventures, the... Read more »
UNDERWRITERS AND PARTNERS