Northwest Technology Ventures

Northwest Technology Ventures is a venture capital firm based in Portland, Oregon, founded in 2002. It specializes in providing seed and early-stage investments, primarily targeting companies within the information technology, life sciences, and technology sectors. The firm focuses on investments in the United States, emphasizing opportunities in software and related technology markets. Through its investments, Northwest Technology Ventures aims to support the growth of innovative companies and contribute to their long-term success.

Gordon Hoffman

Managing Director

William Newman

Managing Director

6 past transactions

Adapx

Venture Round in 2013
Adapx, Inc. is a software company based in Seattle, Washington, that specializes in user interface solutions designed to enhance data capture and integration for businesses and agencies. The company's primary offering, Capturx, enables users to convert natural speech, sketches, and handwriting into structured data for Microsoft Office and other backend systems. This solution helps streamline workflows by eliminating the need for data transcription and allows for efficient data collection through various mediums, including paper, touchscreens, and mobile devices. Adapx provides several tailored applications, such as Capturx for SharePoint, Capturx Forms for Excel, and Capturx for ArcGIS Desktop, among others. The company serves multiple industries, including manufacturing, defense, healthcare, and utilities. Additionally, Adapx has established strategic partnerships with major organizations like Microsoft and ESRI to enhance its product offerings. Founded in 1999, Adapx was previously known as Natural Interaction Systems.

Adapx

Venture Round in 2012
Adapx, Inc. is a software company based in Seattle, Washington, that specializes in user interface solutions designed to enhance data capture and integration for businesses and agencies. The company's primary offering, Capturx, enables users to convert natural speech, sketches, and handwriting into structured data for Microsoft Office and other backend systems. This solution helps streamline workflows by eliminating the need for data transcription and allows for efficient data collection through various mediums, including paper, touchscreens, and mobile devices. Adapx provides several tailored applications, such as Capturx for SharePoint, Capturx Forms for Excel, and Capturx for ArcGIS Desktop, among others. The company serves multiple industries, including manufacturing, defense, healthcare, and utilities. Additionally, Adapx has established strategic partnerships with major organizations like Microsoft and ESRI to enhance its product offerings. Founded in 1999, Adapx was previously known as Natural Interaction Systems.

Receptor BioLogix

Series A in 2005
Receptor Biologix develops receptor-based biological therapeutics for cancer, inflammatory, and autoimmune diseases. The company is headquartered in Palo Alto, California.
Artielle ImmunoTherapeutics, Inc. is a biopharmaceutical company based in Tigard, Oregon, that develops biologic drugs aimed at treating inflammatory and degenerative diseases. Founded in 2004, the company specializes in therapies for neuro-inflammatory conditions such as multiple sclerosis, optic neuritis, and stroke, as well as autoimmune diseases like rheumatoid arthritis, celiac disease, and type 1 diabetes. Artielle's primary focus includes the development of recombinant T-cell receptor ligands (RTLs), specifically RTL1000 for multiple sclerosis, which target the CD74 receptor on monocytes to inhibit the action of macrophage migration inhibitory factor. Through its innovative platform, Artielle aims to address significant unmet medical needs in the treatment of various debilitating conditions.

IP Fabrics

Series A in 2003
IP Fabrics, Inc. is a provider of network visibility, compliance, and analytics solutions for various sectors, including telecommunications, cable, wireless, and government agencies. Headquartered in Beaverton, Oregon, the company offers a range of products designed for network surveillance and diagnostics. Key offerings include TunnelBox, which facilitates remote traffic access for diagnostics and compliance; DeepProbe, a tool for deep packet inspection and real-time alerts; and DeepSweep, which supports lawful intercept compliance and network visibility. Additionally, CyberInsight provides analytics for network behavior analysis and forensics. IP Fabrics also supplies development services, training, maintenance, and support for its products. Founded in 2002, the company has established a diverse customer base, including surveillance providers, law enforcement, and service operators, and operates as a subsidiary of Yaana Technologies, LLC.

Ambric

Seed Round in 2003
Ambric developed a massively parallel processor array integrated circuit for high performance applications. Ambric's parallel processor solution including a "structured object programming model" that allowed developers to effectively program the large number of cores. Ambric's first generation chip architecture, Am2045, featured 336 processors on a chip. It competed against large FPGA's, DSPs and use of Intel x86 processors used in embedded markets. Ambric targeted video compression markets, medical imaging, wireless basesation and military markets.
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