Stylr Lands $25,000 Seed Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bc02433a-5a15-4355-aeb2-bcd4c2f0be9c&Preview=1 Date 5/10/2013 Company Name Stylr Mailing Address 262 Broome Street New York, NY 10002 Company Description Stylr brings the benefits of online shopping to the physical world. We allow you to easily window shop all your favorite stores, including Bloomingdale’s, Urban Outfitters and Banana Republic, at the convenience of your iPhone. … Continue reading “Stylr Lands $25,000 Seed Financing”

Splat Garners $18,000 Seed Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=15c1e527-d75b-4e2d-bf02-cae58a041013&Preview=1 Date 5/10/2013 Company Name Splat Mailing Address 206b Dryden Road Ithaca, NY 14850 Company Description Splat plugs into your smartphone enabling you to tag and shoot friends while playing Splat Warfare and Splat mini-games, providing a face-to-face gaming experience that is pure fun. Website http://www.splatlaser.com Transaction Type Accelerator Transaction Amount $18,000 … Continue reading “Splat Garners $18,000 Seed Funding”

wireLawyer Lands $25,000 Seed Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e6580d3e-ef13-4f66-bdab-f9982631af37&Preview=1 Date 5/10/2013 Company Name wireLawyer Mailing Address 90 Meserole Street Brooklyn, NY 11206 Company Description In a marketplace saturated with consumer facing legal products, wireLawyer is the first online platform built by lawyers for lawyers. With smart contract search, peer reviewed documents, and curated Q&A, wireLawyer enables small to mid sized … Continue reading “wireLawyer Lands $25,000 Seed Funding”

NY Digital Health Accelerator Graduates First Class, Sees an Acquisition

One year after it was announced, the New York Digital Health Accelerator birthed its first clutch of startups on Wednesday at a demo day—including one acquisition deal in the mix. Pared down from some 250 applicants from across the U.S. and 10 countries, the eight startups in this class created platforms for referrals for post-acute … Continue reading “NY Digital Health Accelerator Graduates First Class, Sees an Acquisition”

The 600-Hour Data Dilemma For Healthcare

The healthcare industry is slow moving. While beginning to adopt technology for logistical issues including electronic medical records and appointment scheduling, the focus of these efforts is narrow and off-base. True impact on human health now requires technology architecture which addresses the critical data issues faced by the healthcare industry today. Over the last 10 … Continue reading “The 600-Hour Data Dilemma For Healthcare”

Cover Secures $1,500,000 Seed Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=aef9af22-7823-45e2-9b6e-6460abe704a2&Preview=1 Date 5/9/2013 Company Name Cover Mailing Address Undisclosed New York, NY 10043 Company Description Cover provides mobile payment solutions to restaurants. Website http://www.paywithcover.com Transaction Type Venture Equity Transaction Amount $1,500,000 Transaction Round Seed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor O’Reilly AlphaTech Ventures Venture Investor Investor Venture … Continue reading “Cover Secures $1,500,000 Seed Round”

MIKA Garners $1,200,000 Series A Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e0b9b074-cb78-4fed-8e24-82c3e425747f&Preview=1 Date 5/9/2013 Company Name MIKA Mailing Address 130 West 25th New York, NY 10001 Company Description MIKA is an innovative, high end shopping website,combining eCommerce and cutting-edge technology. The MIKA platform presents customers with a mix of luxury, ready-to-wear, and contemporary merchandise–completely curated, head-to-toe outfits. Website http://www.mikalook.com Transaction Type Venture Equity … Continue reading “MIKA Garners $1,200,000 Series A Funding”

Yahoo! Acquires Milewise for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8d54c665-7354-4482-bb15-2048ed76bef9&Preview=1 Date 5/9/2013 Company Name Milewise Mailing Address 301 Elizabeth St. New York, NY 10012 Company Description The company operates a website and service that helps people cash in on their reward program points. Website http://www.milewise.com Transaction Type M&A Transaction Amount Undisclosed Transaction Round Proceeds Purposes M&A Terms Financial terms of the … Continue reading “Yahoo! Acquires Milewise for Undisclosed Sum”

PivotDesk Plunges into the East Coast Market at New York Tech Meetup

Sometimes it feels like all technology roads lead to the New York Tech Meetup. Fresh from Boulder, CO, David Mandell and the team from PivotDesk took the stage at last night’s gathering here to introduce themselves to the New York tech community. PivotDesk helps startups find space they can rent by connecting them with other … Continue reading “PivotDesk Plunges into the East Coast Market at New York Tech Meetup”

Exit Early and Often: A New Age of Limited Options for Entrepreneurs

I rarely meet an entrepreneur (or one of their investors) who doesn’t believe their venture will be a runaway hit. In three to five years, I hear over and over, we’ll be able to go public or sell big, providing huge returns for those who got into the deal early. Many won’t reach that mark. … Continue reading “Exit Early and Often: A New Age of Limited Options for Entrepreneurs”

Nestio Obtains $875,236 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b3fd8d01-8d65-438c-9c64-1e0b5681d220&Preview=1 Date 5/8/2013 Company Name Nestio Mailing Address 312 Bowery New York, NY 10012 Company Description Nestio is the easiest way to organize your apartment hunt. Looking for a new place to live is stressful and time-consuming. Resources are scattered across numerous sites, false advertisements are frustrating, and dead-ends are common. We’re … Continue reading “Nestio Obtains $875,236 New Financing”

Movable Ink Garners $11,000,000 Series B Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=01ca5265-544c-4899-a61e-6f594bdd755f&Preview=1 Date 5/8/2013 Company Name Movable Ink Mailing Address 5 West 19th St 6th Floor New York, NY 10011 Company Description Movable Ink creates a live container that can live inside emails, letting companies share current and relevant information from their websites with users based on time, location, social context and what … Continue reading “Movable Ink Garners $11,000,000 Series B Funding Round”

Movable Ink Garners $11,000,000 Series B Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=01ca5265-544c-4899-a61e-6f594bdd755f&Preview=1 Date 5/8/2013 Company Name Movable Ink Mailing Address 5 West 19th St 6th Floor New York, NY 10011 Company Description Movable Ink creates a live container that can live inside emails, letting companies share current and relevant information from their websites with users based on time, location, social context and what … Continue reading “Movable Ink Garners $11,000,000 Series B Funding”

VentureOutNY, NYCEDC, and iCatapult Bring European Startups to NY

The campaign to attract more startups to New York is reaching across international borders. Last night a coalition of private and city organizations introduced a group of 15 startups from Europe to the New York tech and investor community. The mission was to build local business connections for these companies and the event organizers say … Continue reading “VentureOutNY, NYCEDC, and iCatapult Bring European Startups to NY”

To ‘Lean In’ or Not to ‘Lean In:’ Is That the Real Question?

Steve Jobs famously said that you cannot “connect the dots looking forward; you can only connect them looking backwards. So you have to trust that the dots will somehow connect in your future.” For me, one of those moments of clarity in connecting the dots—looking back and seeing a logic and pattern in my life … Continue reading “To ‘Lean In’ or Not to ‘Lean In:’ Is That the Real Question?”

The VC Will See You Now at the “World’s Largest Office Hours”

The three laws of getting a meeting with a VC: 1) If you don’t know somebody who can provide a referral, don’t even try. 2) Start about four months in advance. 3) Once the meeting is on the books, assume that it will be rescheduled at least twice, and probably again on the day of … Continue reading “The VC Will See You Now at the “World’s Largest Office Hours””

PlaceIQ Obtains $6,750,000 Series B Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e87195f8-042b-4a4c-9b4e-59052f22abff&Preview=1 Date 5/7/2013 Company Name PlaceIQ Mailing Address 115 West 30th Street New York, NY 10001 Company Description PlaceIQ is able to take large amounts of often unstructured, unrelated, location based data such as photos, place data, event data, digital and social data (and much, much more) and – through a series … Continue reading “PlaceIQ Obtains $6,750,000 Series B Funding Round”

Vidyo Brings Videoconferencing to Doctors in Remote Parts of Alaska

[Updated with comments from CEO Ofer Shapiro. See below] Imagine being a doctor with patients scattered across the rural reaches of Alaska. Booking face-to-face visits might not be that easy—unless you also happen to be a bush pilot—but having access to videoconferencing technology can be away to conduct visual exams regardless of the distance. Vidyo, … Continue reading “Vidyo Brings Videoconferencing to Doctors in Remote Parts of Alaska”

Concert Pharma To Get $300M+ Per Drug in Celgene Pact

The past 15 months have turned into a partnership symphony for Concert Pharmaceuticals. On Monday, the Lexington, MA-based company snagged its latest collaborative partner, revealing that it will team with Celgene (NASDAQ: [[ticker:CELG]]) to use its technology— which adds deuterium elements into existing drugs to boost their abilities—to develop cancer and inflammation drugs. Concert has … Continue reading “Concert Pharma To Get $300M+ Per Drug in Celgene Pact”

Former Keryx Exec’s Mission: Turn TG Into the Next Pharmacyclics

Seven years running a publicly-traded biotech are likely to give anyone a sense of the manic nature and the volatile ups and downs of drug development. And Mike Weiss, who headed Keryx Pharmaceuticals (NASDAQ: [[ticker:KERX]]) from 2002 to 2009, has both the scars and the trophies to prove it. But those lessons have left Weiss … Continue reading “Former Keryx Exec’s Mission: Turn TG Into the Next Pharmacyclics”

Lessons For Drug Development From The Aveo Buzzsaw

Drug development is a tough business. Small companies that dare to try often end up in public train wrecks when they head to Washington to meet the FDA. It’s a shame, a colossal waste, every time a company gets that far and stumbles. And it doesn’t have to be that way. The folks at Cambridge, … Continue reading “Lessons For Drug Development From The Aveo Buzzsaw”

Quadriserv Garners $3,396,500 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9824e2da-3c0c-4174-a94c-e524fa7cfc1e&Preview=1 Date 5/6/2013 Company Name Quadriserv Mailing Address 529 Fifth Ave. 14th Floor New York, NY 10017 Company Description Quadriserv Inc. is a pioneering provider of price transparency and efficiency to the securities lending industry. Website http://www.quadriserv.com Transaction Type Venture Equity Transaction Amount $3,396,500 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were … Continue reading “Quadriserv Garners $3,396,500 New Financing Round”

Vimbly Secures $540,000 Seed Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=40485473-a789-4392-9547-c081c566fa30&Preview=1 Date 5/4/2013 Company Name Vimbly Mailing Address 349 Fifth Avenue New York, NY 10016 Company Description The Vimbly Handshake is simple: in the unlikely situation that you have a bad experience, we will make you whole. If you are disappointed with a vendor you book through Vimbly, we’re happy to refund … Continue reading “Vimbly Secures $540,000 Seed Financing”

Do You Need an Extended Warranty? Do the Math, Says SquareTrade

Consumer Reports, the nation’s most respected source of product reviews and buying advice, does not mince words about extended warranties. It calls them a bad idea and money down the drain. The website Consumerist agrees, calling extended warranties useless and usually a bad deal. So why on earth would you consider shelling out an extra … Continue reading “Do You Need an Extended Warranty? Do the Math, Says SquareTrade”

East Coast Life Sciences Roundup: Aveo, Forma, Regeneron, RainDance, & More

The big news here at Xconomy this week was the launch of our new Texas bureau. But out on the East Coast, the life sciences industry was buzzing from top to bottom as well. Nine-figure partnerships, FDA advisory panel debacles, venture financings, and more all dominated headlines from New York to Boston. —Cambridge, MA-based Aveo … Continue reading “East Coast Life Sciences Roundup: Aveo, Forma, Regeneron, RainDance, & More”

Poppin Obtains $11,100,000 Series B Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=33fa23a5-6284-40c9-a544-6030815d7151&Preview=1 Date 5/3/2013 Company Name Poppin Mailing Address 44 W 18th Street New York, NY 10011 Company Description Poppin’s goal is to make “buying, using, looking at, and thinking about office products an extraordinary experience.” That seems ridiculous, but the site is actually quite nice. Browse products by color, category, or bundle, … Continue reading “Poppin Obtains $11,100,000 Series B Financing Round”

LG Parties with Optimus G Pro, Pulls a Note or II from Samsung

Trumpeting the upcoming debut of the Optimus G Pro phablet, last night LG Electronics brought the press, analysts, and other guests to the Metropolitan Pavilion in New York to check out the device. With dusky lighting and indie rock band Atlas Genius taking the stage part way through the night, the company tried put some … Continue reading “LG Parties with Optimus G Pro, Pulls a Note or II from Samsung”

Abide Therapeutics and Merck Unveil Diabetes Drug Collaboration

Abide Therapeutics, a two-year-old San Diego biopharmaceutical firm pioneering new ways to identify and validate drug targets among the serine hydrolase “superfamily” of enzymes, says today it has agreed to work with Merck (NYSE: [[ticker:MRK]]) on a drug development program for metabolic diseases. The collaboration agreement, which could be worth as much as $430 million … Continue reading “Abide Therapeutics and Merck Unveil Diabetes Drug Collaboration”

Social Bicycles Obtains $1,100,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=afac4a3c-fe12-4a96-9cc0-192f00c1bbac&Preview=1 Date 5/2/2013 Company Name Social Bicycles Mailing Address 148 East Broadway New York, NY 10002 Company Description Social Bicycles can be found in cities and at universities, corporate campuses and residential properties. Find and reserve a bicycle from a web browser or mobile device. Don’t have internet access? You can also … Continue reading “Social Bicycles Obtains $1,100,000 New Financing Round”

BuzzTable Secures New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=297864d3-1944-4116-8f60-d3b025b9e8f2&Preview=1 Date 5/2/2013 Company Name BuzzTable Mailing Address 214 W 29th St 5th Floor New York, NY 10001 Company Description From its founding, BuzzTable was created to unite restaurants with their loyal guests in an entirely new way. Our team stems from different disciplines, but our shared passion for friends, family, community … Continue reading “BuzzTable Secures New Funding”

The Muse’s CEO: Tech Needs More Visible Female Role Models

Diversifying what is considered the face of technology could encourage more women to become founders, says Kathryn Minshew, CEO and co-founder of New York career advice site The Muse and sister news site The Daily Muse. She chatted with me after speaking at last night’s Made in New York event, which promotes tech companies based … Continue reading “The Muse’s CEO: Tech Needs More Visible Female Role Models”

Partnership for New York City Wants Urban Tech Campuses Across City

With the recent release of the NYC Jobs Blueprint, the Partnership for New York City makes it pretty clear it wants the next mayor to embrace the innovation community. In addition to laying out several policy proposals, the Partnership also offered $20 million for the city’s next administration to put towards the establishment of urban … Continue reading “Partnership for New York City Wants Urban Tech Campuses Across City”

Ogmento Receives $1,394,275 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=123c2827-4dec-4ce2-96c1-326cea0a5206&Preview=1 Date 5/1/2013 Company Name Ogmento Mailing Address 134 Spring Street New York, NY 10012 Company Description Ogmento was founded in 2009 by industry veterans committed to developing Augmented Reality Games. By fusing real and virtual worlds Ogmento is spearheading the next generation of video games that are played in the real … Continue reading “Ogmento Receives $1,394,275 New Funding”

On Deck Garners $17,000,000 Series D Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a500cec6-db6f-4e21-8993-330b508ab020&Preview=1 Date 5/1/2013 Company Name On Deck Mailing Address 155 E 56th Street 2nd Floor New York, NY 10022 Company Description On Deck was founded in 2006 to help businesses get small business loan financing when traditional bank loans are not an option. Our vision is to help small businesses get access … Continue reading “On Deck Garners $17,000,000 Series D Funding Round”

NowThis Media Secures $4,849,996 Series B Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a94141d0-9467-4e0f-8f1e-71bf7fa53620&Preview=1 Date 5/1/2013 Company Name NowThis Media Mailing Address 560 Broadway New York, NY 10012 Company Description NowThis Media operates NowThis News – a TV-style news website, to appeal to people who normally watch. Website http://www.nowthisnews.com Transaction Type Venture Equity Transaction Amount $4,849,996 Transaction Round Series B Proceeds Purposes Proceeds purposes were … Continue reading “NowThis Media Secures $4,849,996 Series B Round”

The Fancy Lands $9,095,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2caa2144-a3a7-4f08-a3e9-e0791a9a61ae&Preview=1 Date 5/1/2013 Company Name The Fancy Mailing Address 333 Hudson Street New York, NY 10013 Company Description Fancy is part store, blog, magazine and wishlist. It’s a place to discover great stuff, to curate a collection of things you love, to get updates on your favorite brands and stores and to … Continue reading “The Fancy Lands $9,095,000 New Funding”

Cheezburger Lays Off 24, Restructures to Focus on Mobile

Cheezburger Network, which publishes well-known humor sites such as I Can Has Cheezburger and FAIL Blog, is laying off two dozen employees as it prepares to restructure for mobile-focused publishing. Perhaps more significantly, the Seattle-based company is hoping to swap its current Web advertising model for a new focus on longer-term, integrated sponsorships. In an … Continue reading “Cheezburger Lays Off 24, Restructures to Focus on Mobile”

Fab.com Expands, Acquires, and Goes Brick-and-Mortar

The ambitions for the future of New York-based flash sales site Fab are taking shape. Jason Goldberg, the company’s CEO, detailed in a blog post today his company’s plans for expansion on a variety of fronts. Fab has relaunched as a design store selling original products, as well as items from outside suppliers, and has expanded its Web … Continue reading “Fab.com Expands, Acquires, and Goes Brick-and-Mortar”

Xconomy Opens in Texas, Expanding Roundup of Innovation Across U.S.

I’ve been coming to Texas regularly for more than 20 years—first to meet my future in-laws, and ever since to visit a growing extended family network around the state. I didn’t envision opening a Texas business arm on that initial visit (I didn’t have a business), but ever since launching Xconomy in mid-2007, I’ve been … Continue reading “Xconomy Opens in Texas, Expanding Roundup of Innovation Across U.S.”

Xconomy, Welcome to Texas, Where Energy Will Be Solved!

It’s great that Xconomy is finally getting to Texas. Which is not to say that I’m rooting for Austin over “Baustin.” Innovation is not a zero-sum game. Or, as they say around these parts, we know you’re not from Texas, but we’re glad you’re here. On the other hand, I spent 10 years trying to … Continue reading “Xconomy, Welcome to Texas, Where Energy Will Be Solved!”

Supply Chains Are Orderly. Biotech Innovation Is Messy

I was intrigued by the concept of an “innovation supply chain” for biotech raised in last week’s Xconomy discussion with Noubar Afeyan of Flagship Ventures. The basic idea is that if there’s agreement about certain experiments, results, and value with a pharma company, then a biotech company can focus on delivering those results, the pharma … Continue reading “Supply Chains Are Orderly. Biotech Innovation Is Messy”

Ruby Ribbon Garners $8,500,000 Series B Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=089944e1-d0f6-4dbf-883d-e71f5d1391ec&Preview=1 Date 4/30/2013 Company Name Ruby Ribbon Mailing Address 230 Park Avenue South New York, NY 10003 Company Description Ruby Ribbon is a privately owned direct sales company selling apparel based on its own designs. Website http://www.rubyribbon.com Transaction Type Venture Equity Transaction Amount $8,500,000 Transaction Round Series B Proceeds Purposes The funding … Continue reading “Ruby Ribbon Garners $8,500,000 Series B Financing Round”

Shutterfly Acquires MyPublisher for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ebd540db-f62a-4db0-867c-22f9edbd0546&Preview=1 Date 4/30/2013 Company Name MyPublisher Mailing Address 845 Third Avenue New York, NY 10022 Company Description MyPublisher has established itself as the industry leader in custom photo book software, manufacturing and fulfillment. MyPublisher pioneered the ease-of-use software features and quality standards available today for digital photo album publishing. Website http://www.mypublisher.com Transaction … Continue reading “Shutterfly Acquires MyPublisher for Undisclosed Sum”

Rue La La’s Fischman Out as CEO—Joining Other Flash-Sales Execs

If you’re the CEO of a flash-sales fashion site, you might want to make sure your resume is in order. The career prospects are looking a little rocky right now. Today, Boston-based Rue La La abruptly announced that founder Ben Fischman was being replaced as CEO. Steve Davis, an e-commerce veteran who has been the … Continue reading “Rue La La’s Fischman Out as CEO—Joining Other Flash-Sales Execs”

Analytics Woven Into Fashion Among the Ideas at ERA Demo Day

Showing off the results of a longer, more robust program, the Entrepreneurs Roundtable Accelerator held a demo day last Friday at IAC’s headquarters in the Chelsea neighborhood. This fourth batch of startups to graduate from the accelerator put data and software to work in such sectors as retail apparel, online dating, residential real estate, and … Continue reading “Analytics Woven Into Fashion Among the Ideas at ERA Demo Day”

Announcing Xconomy Napa Summit 2013: New Rules for Growth

Finally, the economy seems to be heading in the right direction, but frustratingly slowly—and peril lurks around every sequester corner. Is that the new normal in this age of rising healthcare costs, venture capital belt-tightening, and a nearly broken Congressional system that can’t see fit to invest properly in vital areas such as research and … Continue reading “Announcing Xconomy Napa Summit 2013: New Rules for Growth”

Man vs. Machine: Can Software Trump Editors in the Newsfeed Wars?

Suddenly, digital newsfeeds are the hottest thing in consumer tech. Big tech companies have been frantically opening their wallets in recent weeks to buy out small startups making mobile-friendly applications that use software to pull together news from innumerable sources around the Web. Last week, it was Google paying a reported $30 million or more … Continue reading “Man vs. Machine: Can Software Trump Editors in the Newsfeed Wars?”