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Tech Moves: Former Rover CTO joins moving startup Dolly; Egencia’s CFO to depart; and more

GeekWire

Former Rover CTO Scott Porad joined peer-to-peer moving service Dolly as chief technology officer. I really enjoy this period in a startup company, when they are poised on the brink of tremendous growth,” said Porad. Based in San Francisco, Metromile is a publicly traded company founded in 2011.

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Salesforce chief Marc Benioff and Shopify CEO Tobi Lütke invest in reforestation startup DroneSeed

GeekWire

DroneSeed CEO Grant Canary, left, and Chief Technology Officer Ben Reilly holding drones used for reseeding land damaged by wildfire. The company has already used some of the funds to purchase Silvaseed , a 130-year-old Western Washington forestry company that collects cones for seeds and grows seedlings.

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IT leaders go small for purpose-built AI

CIO Business Intelligence

During the new AI revolution of the past year and a half, many companies have experimented with and developed solutions with large language models (LLMs) such as GPT-4 via Azure OpenAI, while weighing the merits of digital assistants like Microsoft Copilot.

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Subscription economy defies economic headwinds, fuels recurring growth

CIO Business Intelligence

The latest SEI findings reveal that subscription-based companies have grown remarkably, outstripping traditional business models significantly. Specifically, over the last 12 years, companies within the SEI ambit have burgeoned 3.4 against the latter’s 4.8%.

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Funding news: AI-fueled drug discovery startup and auto safety company raise cash

GeekWire

based company leveraging artificial intelligence to help develop new small molecule drugs, has raised $3.5 The six-employee company has partnerships with an undisclosed public biopharma company, the University of British Columbia, and others. Kim previously co-founded three other companies in the mobile marketing and AI areas.

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Seattle’s Soundry AI creates text-to-sample generator to help prompt enhanced music creation

GeekWire

The Soundry AI founders, from left: CPO Diandre Ruiz, CEO Mark Buckler, and CTO Justin Parus. Watch Ruiz put together a sample in the video below: The founders: Along with Ruiz, Soundry AI is led by CEO Mark Buckler and CTO Justin Parus. “There’s hundreds of thousands of samples online you could purchase.

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Zulily co-founders Darrell Cavens and Mark Vadon invest in ID verification tech startup Vouched

GeekWire

Vouched , a Seattle startup that helps companies verify identity, has landed $4.5 It’s a vote of confidence in the 3-year-old company, which spun out of Madrona Venture Labs, the accelerator based at Madrona Venture Group in Seattle. . The technology compares a user’s selfie to confirm identity. Vouched Photo).

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