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Seattle Startup Pelago Purchased by Groupon

Seattle Tech Roundup for Tuesday, April 19, 2011

Groupon acquires Whrrl maker Pelago, hires CEO and staff TechFlash

Chief Jeff Holden and key Pelago team members will find a new home with Groupon, thanks to the Seattle startup’s smart technology that relies on serendipity over conventional search methods. The acquisition brings an end to Whrrl, but users of the app created by Pelago can take advantage of a download solution to avoid losing their data.

Growth spurt continues at DataSphere; hyperlocal blog platform to hire 220 in Ariz. GeekWire

The upcoming launch of a Tempe, Arizona office means another hiring spree for DataSphere Technologies as it comes off a year of explosive growth at its Bellevue base. While conventional media outlets fight for a foothold in the battle for online ad revenue, the hyperlocal service has found a thriving niche.

Zillow, with Growing Revenue and Shrinking Losses, Files Paperwork for IPO Xconomy

Web-based real estate service Zillow is officially one step closer to achieving its IPO and its quest to raise over $50M in a deal underwritten by heavy hitters including Citi and First Washington. The IPO filing follows big changes for the Seattle company with a pair of momentous partnerships, new leadership in Spencer Rascoff and offerings expanded into apartment listings.

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