Ultra Light Startups presents an evening of startup pitches and feedback from a panel of experts. Panelists include Somak Chattopadhyay of Tribeca Venture Partners, Owen Davis of NYC Seed, and Daniel Schultz of DFJ Gotham Ventures. Among the startups presenting will be Mobcaster, Sii.TV, and InstallFree. The event includes pizza and networking. Register here.
Category: New York
3-D Vision Brings New Dimensions to 2-D TV, Even The Wizard of Oz
The pitch for 3-D video in the home has yet to be embraced by the majority of consumers, but a Westbury, NY-based innovator believes his technology can jumpstart demand. Gene Dolgoff, CEO of 3-D Vision, developed a way to turn two-dimensional video content into 3-D imagery without the need for new televisions. Though his converter … Continue reading “3-D Vision Brings New Dimensions to 2-D TV, Even The Wizard of Oz”
Happtique Offers E-Prescribing Platform for Health Apps
Anybody with diabetes who searches their iPhone for an app to help them monitor their blood sugar will likely be overwhelmed by the choices. A simple search using the word “glucose” pulls up more than 150 results in the app store—all from companies claiming to offer the best solutions for managing diabetes. Yet very few … Continue reading “Happtique Offers E-Prescribing Platform for Health Apps”
OptMed Garners $257,321 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fdc62046-14ac-4083-8aa1-26831aa84c2c&Preview=1 Date 8/22/2012 Company Name OptMed Mailing Address 420 Lexington Ave. New York, NY 10017 Company Description Our lead biosurgical product in development— Devakor, a topical skin adhesive—is a replacement for surgical sutures. OptMed’s therapeutics in development are based on proprietary new indications for a widely used drug to provide targeted relaxation … Continue reading “OptMed Garners $257,321 New Round”
SecondMarket Lands $420,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bbf87dc3-9bc6-43c6-8f82-7f1fd8f81c6f&Preview=1 Date 8/22/2012 Company Name SecondMarket Mailing Address 26 Broadway 12th Floor New York, NY 10004 Company Description SecondMarket is the largest centralized marketplace and auction platform for illiquid assets, such as auction-rate securities, bankruptcy claims, collateralized debt obligations, limited partnership interests, private company stock, residential and commercial mortgage-backed securities, restricted securities … Continue reading “SecondMarket Lands $420,000 New Financing Round”
On Our New Mobile Site, You’ve Been Upgraded to Xconomy Class
Visiting Xconomy.com on a smartphone should be like flying first class in the Pan Am heyday: a chance to listen in on the conversations of some of the day’s biggest movers and shakers in state-of-the-art surroundings with the minimum of aggravation or delay. That’s why we’re excited to announce the arrival of a dramatically upgraded version … Continue reading “On Our New Mobile Site, You’ve Been Upgraded to Xconomy Class”
Chalkable Brings Apps, including Khan Academy Math, to Classrooms
With the fall semester just a bell ring away, educators and students will be faced with an onslaught of apps and software competing for spots in their computer desktops. New York’s Chalkable, a recent grad from the 500 Startups accelerator program, believes it can bring order to the crowded education technology space. Chalkable plans to … Continue reading “Chalkable Brings Apps, including Khan Academy Math, to Classrooms”
An Insider’s View on Raising Money from Life Sciences VCs
The life sciences venture capital industry is undergoing rapid change. Although many innovative ideas have been taken from the bench to scientific discovery to treating patients, funding today to develop new products and services is getting more difficult to attain. Getting a product to market involves not only a long scientific process, but a carefully … Continue reading “An Insider’s View on Raising Money from Life Sciences VCs”
Sherpaa Secures New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d192d470-e06d-4331-ac11-b209d4b9a2a8&Preview=1 Date 8/21/2012 Company Name Sherpaa Mailing Address 190 Bedford Avenue Brooklyn, NY 11249 Company Description Sherpaa is around the clock email and phone access to our friendly, NYC-based doctors (or Guides as we call them). Whenever you have a health question or concern, we’re here for you. And we play nicely … Continue reading “Sherpaa Secures New Funding”
My Damn Channel Lands $1,055,804 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a501419e-902a-4ff9-9355-c473c7049169&Preview=1 Date 8/21/2012 Company Name My Damn Channel Mailing Address The Film Center 630 Ninth Avenue New York, NY 10036 Company Description My Damn Channel is an entertainment studio and new media platform created to empower artists to co-produce, distribute and monetize original, episodic video content. Programming is created by artists for … Continue reading “My Damn Channel Lands $1,055,804 New Round”
Alzheimer’s R&D Isn’t Doomed, it’s Learning From Failure
The biggest hope for the treatment of Alzheimer’s disease in a long time just went up in smoke. The next high-profile drug candidate will probably be toast in a few weeks, analysts say. The easiest thing now would be to write off the whole field of Alzheimer’s R&D, and declare that scientists have to go … Continue reading “Alzheimer’s R&D Isn’t Doomed, it’s Learning From Failure”
The Case of the Tilted Clubhouse: A Geographical Detective Story
Today, technologies like Google, Siri, and Wolfram Alpha can answer virtually any question in milliseconds. So it’s refreshing to come across a mystery that takes a little longer to unravel. I recently found the solution to a minor historical puzzle that’s been gnawing at me for almost two years, ever since I moved to the … Continue reading “The Case of the Tilted Clubhouse: A Geographical Detective Story”
Thrillist Media Group Secures $13,100,000 Series A Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=32d1948b-ca4d-4e0c-ad3e-0316d8743bbb&Preview=1 Date 8/17/2012 Company Name Thrillist Media Group Mailing Address Undisclosed New York, NY 10022 Company Description Thrillist Media Group is the convergence of leading men’s digital lifestyle publication Thrillist.com; members-only shopping club JackThreads.com; and local experiences platform Thrillist Rewards. The three brands collectively reach over 4 million daily subscriptions, targeting a … Continue reading “Thrillist Media Group Secures $13,100,000 Series A Round”
Retia Medical Lands $7,000,000 Series A Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c5d5de1a-d9d5-4558-8063-f36794c5d08f&Preview=1 Date 8/17/2012 Company Name Retia Medical Mailing Address Undisclosed New York, NY 10511 Company Description Retia Medical develops monitors for high-risk patients. Retia’s first product monitors cardiac output, a critical health metric that indicates the flow rate of blood pumped by the heart. The initial target market for this technology is … Continue reading “Retia Medical Lands $7,000,000 Series A Financing”
Braintree Acquires Venmo for $26,000,000
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3c7833ab-598b-4c1a-9361-cd6f438249e3&Preview=1 Date 8/17/2012 Company Name Venmo Mailing Address 289 7th Ave New York, NY 10001 Company Description Venmo is a social payment app and service that makes it fun and to pay friends. Venmo works via SMS messages, mobile iPhone and Android apps, or the Web. Users can leave notes and comments, … Continue reading “Braintree Acquires Venmo for $26,000,000”
Xconomist of the Week: Habib Kairouz Foresees a Valuation Correction
A perhaps overused idiom in technology news is to proclaim that the latest bubble is about to burst. While there have been flashy stories about the rise and stumblings of some high profile startups, Habib Kairouz, a managing partner with venture capital firm Rho Ventures in New York, says he believes the market is entering … Continue reading “Xconomist of the Week: Habib Kairouz Foresees a Valuation Correction”
SmartAsset Lands $900,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=532464c6-0941-481b-8aad-33bafb3b22f9&Preview=1 Date 8/16/2012 Company Name SmartAsset Mailing Address 5 Tudor City New York, NY 10017 Company Description Buying a home, planning for retirement or going back to school? Our powerful financial modeling technology will show you the strategy that is right for you, allow you to compare alternatives and walk you through … Continue reading “SmartAsset Lands $900,000 New Funding”
Renamed West Health Institute Names CEO, Creates Health Tech Incubator
San Diego’s renamed West Health Institute has hired a new CEO and is unveiling some organizational changes today, reflecting its continuing shift away from an exclusive focus on wireless health to a broader mission that studies ways to lower healthcare costs The organization that began more than three years ago as the “West Wireless Health … Continue reading “Renamed West Health Institute Names CEO, Creates Health Tech Incubator”
MeeGenius Leads Crowded Field of Interactive E-book Apps for Kids
Teaching children how to read often calls for a bit of demonstration to help them understand how words should sound and what they look like. A bevy of companies with e-reader apps want their share of the growing market of young readers, and MeeGenius in New York believes it can stand out by combining narration … Continue reading “MeeGenius Leads Crowded Field of Interactive E-book Apps for Kids”
SponsorHub Plays Matchmaker Between Brands and the Events They Fund
Step into most trade shows and it is easy to spot the companies that ponied up lots of cash to plaster their names all over the events. Putting a brand in front of the wrong audience, however, can be a costly waste. SponsorHub in New York has stepped in with an online marketplace to eliminate … Continue reading “SponsorHub Plays Matchmaker Between Brands and the Events They Fund”
Remove the Cap on Social Security
I am apolitical by nature. The entire process of electing representatives, from city councils to Presidents, leaves me cold. Blame my extraordinary microeconomics professor H. Scott Bierman who was at Carleton College then but now is the President at Beloit College. He helped me crystallize a handful of tangential thoughts about our system into a … Continue reading “Remove the Cap on Social Security”
Brace Yourself: Biotech IPOs Are Beating Tech’s Big Names
The average American on the street has a Facebook account, an opinion about Facebook, heard about the Facebook initial public offering, and knows it collapsed. That same person doesn’t see how their life connects with biotech, probably can’t name a single biotech company, and certainly hasn’t heard of any members of the biotech IPO class … Continue reading “Brace Yourself: Biotech IPOs Are Beating Tech’s Big Names”
Intercept Pharmaceuticals Receives $30,000,000 Series C Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6e85fb7e-c6db-4324-9e81-8f00964b6842&Preview=1 Date 8/13/2012 Company Name Intercept Pharmaceuticals Mailing Address 18 Desbrosses Street New York, NY 10013 Company Description Intercept Pharmaceuticals Inc., is a clinical stage biopharmaceutical company developing therapeutics for the treatment of chronic fibrotic and metabolic diseases. Website http://www.interceptpharma.com Transaction Type Venture Equity Transaction Amount $30,000,000 Transaction Round Series C Proceeds … Continue reading “Intercept Pharmaceuticals Receives $30,000,000 Series C Funding Round”
RentalEngine Obtains $150,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=13251c6e-073e-4795-8df2-b52a4d78131a&Preview=1 Date 8/13/2012 Company Name RentalEngine Mailing Address Undisclosed New York, NY 10005 Company Description RentalEngine wants to make looking and finding an apartment easier and we’re going to do it in 2 ways. First, we’re going to help you simplify your search for no fee listings. Our goal is to aggregate … Continue reading “RentalEngine Obtains $150,000 New Financing Round”
Waiting for the Speakularity
In late 2010, the Nieman Journalism Lab surveyed reporters for their predictions about what 2011 would bring for the future of journalism. My favorite prediction came from Matt Thompson, an editorial product manager at National Public Radio and a widely respected evangelist for digital journalism. (I happened to meet Thompson in person around the same … Continue reading “Waiting for the Speakularity”
Verisk Analytics Acquires Argus Information and Advisory for $425,000,000
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=478bbff1-073e-46ae-8d6c-9f723c15e479&Preview=1 Date 8/10/2012 Company Name Argus Information and Advisory Mailing Address 50 Main Street White Plains, NY 10606 Company Description Our products and services assist financial institutions in making marketing and risk management decisions. We help these institutions manage the tradeoffs among price, product, risk, and customer behavior along the customer lifecycle … Continue reading “Verisk Analytics Acquires Argus Information and Advisory for $425,000,000”
Real Time Farms, Food52 Explore Merger
Real Time Farms, the Ann Arbor, MI-based online guide to local and organic food, has entered into a partnership with Food52, a popular cooking website based in New York City, to develop “a shared vision of community building and sustainable eating,” says co-founder Cara Rosean. Real Time Farms is part of a fledgling food tech … Continue reading “Real Time Farms, Food52 Explore Merger”
Future Energy Investor Feedback Forum
Ultra Light Startups presents an evening of startup pitches centered around cleantech innovations. The panel of expert judges will include Jiong Ma of Braemar Energy Ventures, Ann Partlow of Earthrise Capital, Willem Rensink of Shell International Exploration & Production, and Yanev Suissa of New Enterprise Associates. The evening will include pizza and networking. Register here.
Startup Roundtable 17 with David Aronoff
New York Entrepreneurs Business Network presents an evening with David Aronoff, general partner at Flybridge Capital Partners. NYEBN’s Andrew Wong will interview Aronoff, whose specialties include the semiconductor, internet and mobile infrastructure, data center, video, and digital media sectors. Register here.
General Assembly Demo Night
Seven residents of General Assembly’s NYC campus will present their startups during an evening of demos, discussion, and networking. Startups include Doorsteps, a site for first-time homebuyers, and AuthorBee, a site for social story-telling. The evening will include free refreshments. Register here.
A Fireside Chat with MIT Media Lab Director Joi Ito
MIT Enterprise Forum of New York City presents an evening with Joi Ito, director of the MIT Media Lab. Ito, who is also an entrepreneur and chair of Creative Commons, will discuss a range of topics, including innovation, openness, community, networks, and the cloud. Register here.
Visible Market Catches Wall Street’s Eye With Stock-Tracking App
Ever since Jennifer Johnson started working in financial services in the 1990s, she felt something was missing in all the technology available to traders who want to get information about stocks. “With the way [the data] is presented, it’s really hard to get a sense of what’s happening in the overall market,” she says. Sure, … Continue reading “Visible Market Catches Wall Street’s Eye With Stock-Tracking App”
Nodality Snags Pfizer Deal to Improve Autoimmune R&D, Diagnostics
South San Francisco-based Nodality has spent five years honing an enabling technology for personalized medicine, which could help patients avoid wasteful treatments and improve the success rate in new drug R&D. Now it has persuaded New York-based Pfizer (NYSE: [[ticker:PFE]]), the world’s biggest drugmaker, to buy into its vision. Nodality, which raised $15 million of … Continue reading “Nodality Snags Pfizer Deal to Improve Autoimmune R&D, Diagnostics”
Dreamit Ventures Unveils Summer Batch of Startups in New York
Today 15 companies due to graduate from the Dreamit Ventures business accelerator in New York will pitch their ideas to an expected audience of some 400, which includes potential investors and alumni of the program. Dreamit Ventures, a pre-seed stage venture firm based in Bryn Mawr, PA, runs its accelerator programs in Philadelphia in the … Continue reading “Dreamit Ventures Unveils Summer Batch of Startups in New York”
Xconomist of the Week Christina Lampe-Onnerud Talks Cleantech
It’s been less than a year since Boston-Power, a lithium-ion battery maker, announced it had raised a whopping $125 million Series F funding round from Beijing-based GSR Ventures—and was moving most of its operations to China to chase down the electric vehicle market in that country. It’s seeing the first big payoff from that decision. … Continue reading “Xconomist of the Week Christina Lampe-Onnerud Talks Cleantech”
In Wake of Alzheimer’s Disaster, Wall Street Revisits Pfizer and J&J
The Alzheimer’s drug being jointly developed by New York area drug giants Pfizer and Johnson & Johnson, along with Ireland’s Elan Pharmaceuticals, was so fondly anticipated on Wall Street over the past few years that analysts even adopted a nickname for it: bapi. But the drug—full name bapineuzumab—failed a late-stage trial, the companies said late … Continue reading “In Wake of Alzheimer’s Disaster, Wall Street Revisits Pfizer and J&J”
MeeGenius Secures $2,453,026 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=94e87dd6-47db-431c-94b9-988d7ff6c28c&Preview=1 Date 8/8/2012 Company Name MeeGenius Mailing Address 18 W 27th Street 6th Floor New York, NY 10001 Company Description MeeGenius is a reading application for the iPhone, iPad, iTouch, Google TV, Google Chrome Web Store, and the Web. Launched in April 2010 by Wandy Yeap Hoh and David Park after 16 … Continue reading “MeeGenius Secures $2,453,026 New Funding”
IndieWalls Lands $25,000 Seed Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7ece7b6f-4080-4bdb-a9f9-02dec30ebec9&Preview=1 Date 8/8/2012 Company Name IndieWalls Mailing Address Undisclosed New York, NY 10001 Company Description Driven by the idea that art should be a democratic experience, Indiewalls sells artwork outside of the traditional gallery format. The Indiewalls model empowers individuals to look outside the traditional gallery format for new art for their … Continue reading “IndieWalls Lands $25,000 Seed Funding Round”
Vantageous Lands $25,000 Seed Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=44416b69-c5d3-479e-b625-0afe2b7d95fa&Preview=1 Date 8/8/2012 Company Name Vantageous Mailing Address Undisclosed New York, NY 10001 Company Description Turn 3 phones into a 3 camera studio with Vantageous. Website http://www.vantageousvideo.com Transaction Type Accelerator Transaction Amount $25,000 Transaction Round Seed Proceeds Purposes The company will use the proceeds to accelerate its initial development. M&A Terms Venture … Continue reading “Vantageous Lands $25,000 Seed Funding Round”
SaborStudio Garners $25,000 Seed Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=239a7e81-31df-4365-85dd-235a90cc7407&Preview=1 Date 8/8/2012 Company Name SaborStudio Mailing Address Undisclosed New York, NY 10001 Company Description Mobile platform of stunning location-aware games. Website http://www.saborstudio.net Transaction Type Accelerator Transaction Amount $25,000 Transaction Round Seed Proceeds Purposes The company will use the proceeds to accelerate its initial development. M&A Terms Venture Investor DreamIt Ventures New … Continue reading “SaborStudio Garners $25,000 Seed Round”
Bazaart Garners $25,000 Seed Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=481de955-3d82-4787-a395-60e8fd095599&Preview=1 Date 8/8/2012 Company Name Bazaart Mailing Address Undisclosed New York, NY 10001 Company Description Bazaart is a fun and easy way to create beautiful collages with your Pinterest pins. It’s as easy as pie. Website http://www.bazaart.me Transaction Type Accelerator Transaction Amount $25,000 Transaction Round Seed Proceeds Purposes The company will use … Continue reading “Bazaart Garners $25,000 Seed Financing”
Teamalaya Lands $25,000 Seed Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=19eabd75-c4b6-467a-8e01-89eb6568c3af&Preview=1 Date 8/8/2012 Company Name Teamalaya Mailing Address Undisclosed New York, NY 10001 Company Description Teamalaya wants to change the way companies build teams with gamified tools that enhance the engagement, morale, and performance of employees. Website http://www.teamalaya.com Transaction Type Accelerator Transaction Amount $25,000 Transaction Round Seed Proceeds Purposes The company will … Continue reading “Teamalaya Lands $25,000 Seed Round”
CargoNetwork Garners $25,000 Seed Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ad17ad49-35c4-445b-af2e-8c6412d3d6d5&Preview=1 Date 8/8/2012 Company Name CargoNetwork Mailing Address Undisclosed New York, NY 10001 Company Description Cargo Networks is the parent company for a portfolio of brands that help customers find the best skincare and hair care products that work for them. By focusing on targeted market populations and working closely with our … Continue reading “CargoNetwork Garners $25,000 Seed Financing”
Weesh Garners $25,000 Seed Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c5f9fa3d-6815-4832-b582-a53777f216fb&Preview=1 Date 8/8/2012 Company Name Weesh Mailing Address Undisclosed New York, NY 10001 Company Description Discover and share ideas to do as a couple. Website http://www.getweesh.com Transaction Type Accelerator Transaction Amount $25,000 Transaction Round Seed Proceeds Purposes The company will use the proceeds to accelerate its initial development. M&A Terms Venture Investor … Continue reading “Weesh Garners $25,000 Seed Funding”
Tripl Garners $25,000 Seed Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e9c5c423-c16f-4ade-bfff-a5cdf19fdd19&Preview=1 Date 8/8/2012 Company Name Tripl Mailing Address Undisclosed New York, NY 10001 Company Description tripl is a new way to consume your friends’ trips. Follow where they are or have been traveling, see the pictures they took and read about the places they have been. In a simple feed you will … Continue reading “Tripl Garners $25,000 Seed Funding”
Innovimmune Pursues Pharma Partners, Shuns VCs
When Anderson Gaweco started his biotech company in New York in 2010, he planned to follow the standard entrepreneurship blueprint-for-success and pursue venture capital financing. But the more Gaweco learned about the two compounds his company had developed to treat autoimmune and inflammatory diseases, the more convinced he was he didn’t need VC financing. “We … Continue reading “Innovimmune Pursues Pharma Partners, Shuns VCs”
Mayo and Myriad: Can Two Patent Rulings Chill Innovation?
Two recent patent cases have engendered considerable uncertainty regarding the ability of biotechnology and pharmaceutical companies to patent their commercial products and methods. The first case, Mayo Collaborative Services v. Prometheus Labs., Inc., relates to the patent eligibility of certain diagnostic methods. On March 20th, the U.S. Supreme Court unanimously ruled that the personalized medicine … Continue reading “Mayo and Myriad: Can Two Patent Rulings Chill Innovation?”
Offerpop Gives Marketers Tools to Leverage Facebook and Twitter
Marketers are eager to know what users of Facebook and Twitter are interested in so they can get an inside track on how to pitch them more effectively. Enter Offerpop. The New York-based company has developed a platform that lets marketers create brand campaigns on those popular social networks, as well as to gather information … Continue reading “Offerpop Gives Marketers Tools to Leverage Facebook and Twitter”
U.S. Biotech Clusters Are Losing Their Anchor Tenants, and It Hurts
Every industry needs its anchors, the companies that everyone looks up to as models of success. Think Apple, GE, Boeing. Biotech is no different, as it has been defined by trailblazers like Genentech, Genzyme, and more. But if you look around, biotech is clearly losing its anchors. And this worrisome trend isn’t just happening in … Continue reading “U.S. Biotech Clusters Are Losing Their Anchor Tenants, and It Hurts”
TuneIn Obtains $16,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=07ecce19-dd11-495c-8620-fe46f498727c&Preview=1 Date 8/6/2012 Company Name TuneIn Mailing Address 29 W. 17th Street 10th Floor New York, NY 10011 Company Description The company provides radio content and tools online. Website http://www.tunein.com Transaction Type Venture Equity Transaction Amount $16,000,000 Transaction Round Undisclosed Proceeds Purposes TuneIn will use the new funding to scale the company’s … Continue reading “TuneIn Obtains $16,000,000 New Round”