Techstars Alum, Stackery, Lands $1.75M Seed Round
Techstars demo days are noted for their great pitches, amazing audiences and investors. They’re especially good when startups get on the spot following on funding. That’s the case with Seattle Techstars alum, Stackery, a company that supports serverless computing.
The Portland Business Journal reports that Voyager Capital’s, Diane Frairman announced that they’re leading a $1.75 million dollar round in Stackery. Pipeline Capital Partners and Founders Co-Op also participated in the round. With that news, and upon graduation, Stackery will move back to their Portland home to grow the company.
Stackery was founded by CEO/Co-Founder Nathan Taggart and CTO Chase Douglas who met while they were working at the Portland engineering office of New Relic. After building several serverless applications they realized there was a need for a toolkit that supported other serverless environments.
The company already has a handful of beta customers and plans to use the investment to both grow the team and get the product to market.
The duo is excited about returning to Portland. “Portland is the best city to build a business right now,” Taggart said. “It’s cost effective, and we have a huge and growing development community.”
Voyager is excited as well.
“It’s an early market opportunity and it’s coming out of the gate enormous,” said Fraiman. “It disrupts the way you write applications for the cloud and how you charge for them.” Fraiman told the Business Journal.