After nine years of building a robust cloud services business with thousands of customers, Geeman Yip was ready to raise venture capital. But when the BitTitan founder began knocking on doors in Seattle, options were few and far between.
“No investors in this area were going to write us a $15 million check,” Yip said.
BitTitan ultimately landed cash in 2016 from a San Diego-based growth equity firm. The Bellevue-based company plans to raise another round in the next few years.
What are the chances Yip looks for that in Seattle?
Image: Image via the Greater Seattle Technology Ecosystem report.
