It all started in a basement in Manhattan. The guys from Lua (which you may remember from the TechStars NYC Demo day a few months back) had the opportunity to meet with none other than Adam Weissman after a few friendly connections got them in touch. Weissman came to their basement “office,” and sat down to give them about an hour’s worth of feedback. It was then that Lua got the idea to apply for… → Read More
Last April, one of the strongest startups from TechStars’s Demo Day in New York City was ThinkNear, which turns mobile ads into hyper-targeted daily deal offers for local merchants. The startup is officially launching later today to restaurants, spas, and hair salons in New York City.
It also raised $1.63 million in a series A, which was previously reported by Ben Popper at Betabeat. The… → Read More
We are a few years into the era of realtime data. Everyone is producing and consuming it, but there is still a huge need to filter it. For that reason, Mark Suster of GRP Partners is doubling down on Twitter by investing in DataSift, one of two companies with rights to re-syndicate Twitter’s firehose of more than 200 million Tweets a day (the other one is Gnip)). GRP and IA Ventures are… → Read More
Three students at the University of Pennsylvania—Joseph Cohen, Dan Getelman, and Jim Grandpre—are quitting school to launch a new education startup called Coursekit, and they’ve raised $1 million in a seed round to do it. (Peter Thiel would be proud). The New York City startup just closed a seed round from Founder Collective, IA Ventures, Shasta Ventures and some angels.
Coursekit is like… → Read More
A stealth startup in New York City called Kohort has raised a pretty hefty “seed” round of $3 million from a large group of VCs and angels. IA Ventures led the round. But other investors getting in on the action include RRE Ventures, Countour, FF Venture Capital, and both David Cohen and David Tisch of TechStars (investing personally).
CEO Mark Davis is well-known in New York City venture… → Read More
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
New York City startup BankSimple today disclosed that it raised its first venture funding in a round led by First Round Capital, Roger Ehrenberg’s IA Ventures, and Village Ventures, along with seed investors SV Angel (Ron Conway) and Nauiokas Park, and Jerry Neumann. But it did not disclose how much it raised. I’ve confirmed that the round was $2.9 million, with an additional $190,000 raised… → Read More
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