Business Update: Dog-sitting startup moves to Spokane, Seattle biotech company launches IPO

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Dog-sitting startup moves to new Spokane office

Spokesman Review

On Wednesday, Seattle-based dog-sitting startup Rover moved into a new office in Spokane’s Wonder Building, which recently underwent a $15 million renovation. Eighty-six Rover employees currently work in Spokane, and the new office has enough room to accommodate 300 workers. Rover’s app connects pet owners with sitters and walkers, and has raised a total of $310 million since founded in 2011.


Schweitzer Engineering Laboratories to build new event center

Moscow-Pullman Daily News

Electrical equipment manufacturer Schweitzer Engineering Laboratories (SEL) recently announced plans to build a new 80,000-square-foot corporate event center next to the company’s campus in Pullman. SEL, which designs and manufactures components for electric power systems, has been headquartered on the Palouse since 1982. The new building will be nearly four times the size of the company’s current event center, and is set to be completed in 2021.

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Adaptive Biotechnologies launches successful IPO

Puget Sound Business Journal

Seattle-based Adaptive Biotechnologies launched its IPO on Thursday, and saw its share price more than double from $20 to $40.30. The company’s technology can scan a person’s immune system, and allows researchers and companies to understand how diseases react to drugs. Adaptive was founded in 2009 by Chad Robins and his brother Harlan Robins, who is the former head of the Computational Biology Program at Seattle’s Fred Hutchinson Cancer Research Center. The company is valued at $2.24 billion, and had raised $464.7 million prior to the IPO.

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Apple plans to add more jobs in Seattle

Seattle Times

Last Monday, Apple announced plans to add 2,000 engineering jobs in Seattle over the next five years, with the goal of making Seattle one of the company’s key engineering hubs. Apple is currently leasing office space in Seattle’s South Lake Union neighborhood that could accommodate up to 3,000 employees.

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