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Madrona Venture Labs raises $11M for fifth fund as studio doubles down on AI startups

GeekWire

(Madrona Venture Labs Photo) Madrona Venture Labs (MVL) announced Wednesday it raised $11 million for its fifth fund, providing fresh fuel for the Seattle startup studio as it continues to double down on developing artificial intelligence startups. Since it was launched, the fund has raised $40 million and backed 32 companies.

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Tech Moves: Lighter Capital names new CEO; Amazon exec joins Uber as CTO; and more

GeekWire

. “Lighter is the pioneer and the leader in RBF for software-as-a-service companies.” The company now has 25 employees and plans to hire. Long-time Uber CTO Thuan Pham stepped down earlier this year shortly before the company cut 25% of its global workforce. Founded in 2014, Vettd.ai The Redmond, Wash.,

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Tech Moves: Smartsheet CFO joins Auth0 board; Outreach opens NYC office; Concure Oncology adds CEO; and more

GeekWire

Demoz most recently was a senior manager of software engineering at Google Cloud and previously a software development manager at Amazon Web Services. office in Seattle and hired Microsoft alum Benjamin Gauthey as VP of global strategy and business development. The Seattle office will initially hire 10 employees.

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Tech Moves: Ada Developers Academy bolsters board; Tune CEO steps down following acquisition; AWS execs promoted

GeekWire

Before launching Karat in 2014, he was chief of staff for Melinda Gates at the Gates Foundation. Prior to StrikeGraph, Beals was CTO at Seattle startups NextStep , which he also co-founded, and Koru. (Ada Developers Academy Photos). Pearson leads the Americas commercial sales team and will now lead worldwide sales. Currently ranked No.