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Madrona and WaFd back new Seattle fintech startup | Layoffs at Outreach

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Tue, Feb 28, 2023 07:07 PM

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Seattle teen reveals private jet carbon emissions | Windows 11 getting Bing AI taskbar search ADVERT

Seattle teen reveals private jet carbon emissions | Windows 11 getting Bing AI taskbar search ADVERTISEMENT [GeekWire]( SPONSOR MESSAGE: Nominations are open for the 2023 GeekWire Awards: [Submit nominations now for the 2023 GeekWire Awards, taking place May 18th at the Showbox Sodo in Seattle.]( TODAY'S TOP STORIES A new Seattle-area banking software startup spun out of Washington Federal Bank (WaFd) wants to help digitize consumer-facing products used by regional banks across the U.S. - Archway has a unique founding story, originally starting four years ago inside WaFd. It later incubated at Madrona Venture Labs and just announced a $15 million funding round. GeekWire reporter Nate Bek spoke with WaFd CEO Brent Beardall and Madrona Managing Director Steve Singh to learn more. [Read the story](. A Seattle teen is creating a bit of turbulence with a website tallying the carbon emissions of the ultra-rich traveling on private jets. - Akash Shendure totaled up last year’s jet emissions for 163 famous individuals from the worlds of business, tech, entertainment and sports. The list includes Bill Gates and Jeff Bezos. [Read more](. Microsoft announced an update to Windows 11 with the ability to query the company’s AI-powered Bing search chatbot directly from the desktop taskbar. - The new “typable taskbar” leverages Microsoft’s widely used PC operating system in its broader quest to chip away at Google’s dominance in online search. The move shows that the company remains determined to move ahead with its integration of the OpenAI-powered search technology despite its limitations and early stumbles. [Read more](. Outreach is laying off 70 workers, about 7% of its workforce, marking the second round of cuts the Seattle sales software startup has made in the past six months. - The layoffs come amid a tech slowdown that has affected enterprise sales teams and slowed demand for sales software. In an email to staff, Outreach CEO Manny Medina said the company failed to meet annual recurring revenue targets for its most recent fiscal year. [Read more](. A new generative AI startup with ties to Seattle just raised $65 million from Microsoft and Google to help enterprises produce content. - Typeface emerged from stealth mode and unveiled its platform tailored for businesses to create product images, blogs, social media posts, job listings, and more. The company, led by Adobe’s former CTO, is among a rush of generative AI startups attracting investment even amid a venture capital slowdown. [Read more](. A new startup led by a former Amazon Pharmacy manager wants to help independent workers save money at the pharmacy. - Otis, a spinout of Pioneer Square Labs in Seattle, is targeting freelance workers with a digital discount card. [Read more](. Temporal, a Seattle startup that helps companies write and run cloud applications, raised $75 million. - Temporal makes money by selling a managed service to customers such as Datadog, Descript, Netflix, and Snap. The new round comes a year after the startup reached a $1.5 billion valuation. [Read more](. Turning players into creators represents the biggest market opportunity in video games in 2023. - That was one takeaway from a discussion last week at Seattle’s Rainier Club about mobile gaming and the gaming industry. [Read more](. Thanks for reading, and have a great day. — GeekWire managing editor Taylor Soper, taylor@geekwire.com. SPONSOR MESSAGE [WSU Extension is with you]( Wherever you are in Washington, you’ll find WSU Extension. Extension programs help teachers help students. We partner with towns on economic development. We support farmers’ mental health. We bring high-speed internet to places without it. It’s part of our historic mission to serve all of Washington. [Learn how Go Cougs means community.]( LATEST HEADLINES [Microsoft and Google back Typeface, an enterprise generative AI startup led by ex-Adobe CTO]( [Microsoft’s Windows 11 is getting Bing AI taskbar search and new iPhone integration]( [Temporal, a developer productivity startup led by former Uber engineers, raises $75M]( [Madrona backs WaFd Bank spinout developing consumer software for regional banks]( [Ex-Amazon Pharmacy manager leads new startup aiming to help contractors save on medication]( [Sales startup Outreach to lay off 70 employees, 7% of workforce, and slow office expansion]( [Seattle teen reveals how much carbon the ultra-rich emit from their private jets]( [Gaming trends to watch: ‘Hyper casual’ games, user-generated content, and more]( GEEKWORK: TODAY'S TECH JOBS - [Remitly: Senior Software Engineer, Fraud Prevention]( - [MedBridge: Software Engineer III (Back end)]( - [GeekWire: GeekWire Advertising Project Manager]( - [Remitly: Engineering Manager, Lending]( - [INRIX: Vice President, Sales – Public Sector]( [FIND MORE JOBS ON GEEKWORK]( [HIRING? 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