March 5th, 2013

Bloomberg Ventures Co-Founder Matt Turck Joining FirstMark Capital As Managing Director With Aim On Big Data App Market

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Matt Turck, one of the founders of Bloomberg Ventures, is joining FirstMark Capital as a managing partner where he will bring his entrepreneurial and operations experience to the high-profile and successful early stage, technology focused venture capital fund. → Read More

April 16th, 2012

1M Users Strong, Schoology Grabs $6M To Take On Blackboard, Moodle

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Schoology, the makers of a one-stop, cloud-based learning management system for primary and secondary schools, is announcing today that it has closed a $6 million Series B round of venture funding. The round was led by FirstMark Capital and includes a contribution from existing investor Meakem Becker Venture Capital, bringing the New York-based startup’s total funding to $9.3 million. → Read More

April 14th, 2012

StraighterLine Nabs $10M To Make College More Affordable Through Online Education

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A year ago, Peter Thiel called it a bubble. Whatever you call it, the cost of attaining a college degree has skyrocketed to the point of absurdity — to the point of one trillion red flags. Student debt in the U.S. recently pushed over $1 trillion, and the average debt per student now stands at more than $25K. (And 30 percent of students are more than 30 days overdue on payments.)

→ Read More

February 25th, 2011

BMW Teams Up With, Invests $5 Million In MyCityWay

Auto maker BMW recently established a New York-based venture capital firm dubbed BMW i Ventures that it seeded with $100 million to seek out partnerships that might facilitate BMW-i product adoption in urban markets. BMW-i is a BMW sub-brand solely focused on developing and producing sustainable mobility vehicles.

Its first investment was made public this week: BMW pumped $5 million into → Read More

November 10th, 2010

Snooth Founder Launches Private Sales Site For Fine Wine, Raises $3 Million

Exclusive – Discerned wine buyers, heads up. Philip James, who founded major wine site Snooth.com, has teamed up with entrepreneur Kevin Fortuna to launch an online private sales club that enables members to purchase fine wines straight from their producers. Dubbed Lot18, the fledgling company has just landed a $3 million Series A round of funding led by NYC-based VC firm FirstMark Capital.

The… → Read More

May 26th, 2010

Venture Capitalists Get Grilled (And Pitched At Urinals) At #TCDisrupt

It doesn’t always have to be the venture capitalists grilling the entrepreneurs – at TechCrunch Disrupt, we’ve disrupted that notion (see what I did there?) and hosted an open-mic session for entrepreneurs to challenge VCs, live and uncensored.

The investors in question were Mark Davis (Associate at DFJ Gotham Ventures), Rick Heitzmann (Managing Director, FirstMark Capital), David Lee (General… → Read More

April 19th, 2010

Educational Technology Company Knewton Scores $12.5 Million More

Online educational technology startup Knewton has completed a $12.5 million round of funding led by New York City-based VC firm FirstMark Capital, after securing a $6 million Series B round of financing a little over a year ago.

Returning investors include Accel Partners, Bessemer Venture Partners, First Round Capital, and angel investor Reid Hoffman, who are bringing the total of capital… → Read More

April 29th, 2009

Conductor Raises $10 Million For SEO Management And Optimization Technology

Conductor, a New York-based provider of SEO measurement and optimization solutions, has raised a Series B round of funding to the tune of $10 million, led by Matrix Partners and joined by FirstMark Capital, who led the startup’s Series A financing.

Conductor markets technology which aims to empower online marketers and interactive agencies to gather reliable data on their SEO efforts, make better… → Read More

March 4th, 2008

Pequot Ventures Spun Off As FirstMark Capital

Pequot Ventures, the $2 billion venture arm of hedge fund Pequot Capital Management, is being spun off as a separate business and renamed FirstMark Capital. Over the past dozen years, the venture firm has opened seven funds, and it currently has $1 billion in actively managed and unallocated capital. The fund focuses on emerging media and advertising, data and analytics, and infrastructure… → Read More