Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e60cdb7c-c6c0-44eb-82c8-0e5a041ebb01 Date 5/4/2016 Company Name Roam Mailing Address 54 West 40th St. New York, NY 10018 USA Company Description Roam is building the first global co-living provider. Sign a single lease and you can roam among magical properties across multiple continents. Website http://www.roam.co Transaction Type Venture Equity Transaction Amount $3,300,000 Transaction Round … Continue reading “Roam Lands $3,300,000 Seed Round”
Category: New York
Rebagg Secures $8,000,000 Series A Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3a3ce6b2-2684-494c-bd2b-2139af633e9c Date 5/4/2016 Company Name Rebagg Mailing Address 260 West 35th St. New York, NY 10001 USA Company Description Rebagg is the easiest way to sell your luxury handbags. Founded by French fashion entrepreneur Charles-Albert Gorra out of Harvard Business School, Rebagg simplifies the process of selling luxury to the extreme. Website … Continue reading “Rebagg Secures $8,000,000 Series A Funding”
VTS Obtains $55,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=910cf299-c6dc-4952-b5f8-31b7cd843172 Date 5/4/2016 Company Name VTS Mailing Address 114 W 41st St. 11th Floor New York, NY 10036 USA Company Description We wanted to create a platform that delivered you results, not just a listing; a place where real estate professionals could go to make decisions, not assumptions. We’ve worked with the … Continue reading “VTS Obtains $55,000,000 New Funding”
Flatiron School Tapped to Offer Web Dev Training to Immigrants in NYC
In yet another collaboration with the NYC Tech Talent Pipeline and Mayor Bill de Blasio’s administration, a New York-based coding academy called the Flatiron School is inviting more folks to its classrooms. The Flatiron School announced a new fellowship program Tuesday created specifically to help low-income, legal immigrants in New York get the skills they … Continue reading “Flatiron School Tapped to Offer Web Dev Training to Immigrants in NYC”
Ransomware: Four Steps to Avoid Becoming the Next Victim
It’s no secret to anyone who’s been paying attention to global business news: over the last few months, ransomware attacks have been plaguing organizations across every vertical and nation. Recent examples include events in the healthcare and legal industries in particular, notably the widely reported attacks on the MedStar Health hospital chain. In the case … Continue reading “Ransomware: Four Steps to Avoid Becoming the Next Victim”
With $43.5M Startup Cash, Homology Med Chases New Gene Editing Twist
A group of biotech veterans have debuted today a new company, Homology Medicines, with a bold claim that their underlying science is a better version of the gene editing methods, such as CRISPR-Cas9, that have captured the attention of patients, doctors, and scientists looking to treat desperate diseases. The claim is, for now, untested, as … Continue reading “With $43.5M Startup Cash, Homology Med Chases New Gene Editing Twist”
Vimeo Acquires VHX for Undisclosed Sum
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c92c41df-0ec4-4ebf-bc3b-90a5d3e5683f Date 5/2/2016 Company Name VHX Mailing Address 902 Broadway 4th Floor New York, NY 10010 USA Company Description VHX lets independent video-makers sell their work online, from their own websites, direct-to-fans and restriction-free. Our mission is to provide the tools for the creative class to break out of the traditional TV … Continue reading “Vimeo Acquires VHX for Undisclosed Sum”
Digital Currency Group Garners New Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3c3255b6-16cd-479b-8c8e-81c3eed4d5cc Date 5/2/2016 Company Name Digital Currency Group Mailing Address 636 Avenue of the Americas New York, NY 10011 USA Company Description We believe that digital currencies, distributed ledgers, and smart contracts will transform financial services. DCG’s mission is to help build the foundation for the blockchain industry. Website http://www.dcg.co Transaction Type … Continue reading “Digital Currency Group Garners New Financing”
nanit Lands $5,237,380 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=081dd486-261d-4dad-946b-698c78bd2fde Date 4/30/2016 Company Name nanit Mailing Address 620 8th Avenue 38th Floor New York, NY 10018 USA Company Description We’re changing parenting forever, with a vision that holds the promise to reveal more about human development than ever imagined. Website http://www.nanit.com Transaction Type Venture Equity Transaction Amount $5,237,380 Transaction Round Undisclosed … Continue reading “nanit Lands $5,237,380 New Financing Round”
Millennial-Focused Media Firm Odyssey Rakes In $25M for Growth
An Indianapolis-based online media company called Odyssey raised $25 million from institutional investors in its first such funding round, the firm announced Thursday. Serial entrepreneur Michael Lazerow and Columbus Nova managing partner Jason Epstein led the round and will join Odyssey’s board of directors. Odyssey is billed as a social content platform for the up-and-coming … Continue reading “Millennial-Focused Media Firm Odyssey Rakes In $25M for Growth”
With CRISPR in Humans On The Horizon, Will the Public Back Intellia?
An icy March wind was blowing across the Charles River, but in the laboratory of Intellia Therapeutics, the 1970s soft-rock hit “Summer Breeze” was blasting. Chief scientific officer Tom Barnes apologized. “Usually it’s heavy metal,” he said. He pointed out a window to a local tower, visible over the Cambridge, MA rooftops, rising from a … Continue reading “With CRISPR in Humans On The Horizon, Will the Public Back Intellia?”
From Antivirus to Zero-Day Attack: A Cybersecurity Glossary
Cybersecurity is a rapidly changing field. The arms race between hackers and organizations trying to defend themselves has given rise to a lexicon of epic proportions—and leaders from almost every industry are learning to speak the language. As concepts like antivirus and firewalls have grown old, security-tech companies are selling everything from “advanced threat detection” … Continue reading “From Antivirus to Zero-Day Attack: A Cybersecurity Glossary”
Sales Is Toxic to Innovation
Having had the good fortune to participate in business development and sales in both startups and large companies (Intel and Microsoft), I have arrived at the conclusion that sales is largely detrimental to successfully bringing innovative ideas to market. There is a critical transition from business development to sales, and if made prematurely it will … Continue reading “Sales Is Toxic to Innovation”
Exo Obtains New Funding Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7e7e002a-d291-4b20-8b46-38344b28b43d Date 4/29/2016 Company Name Exo Mailing Address 94 South 4th Street Brooklyn, NY 11249 USA Company Description Our cricket flour protein bars are soy, dairy, grain and gluten-free. Paleo-friendly, sustainable protein bars, developed by a world-famous chef. Website http://www.exoprotein.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed Proceeds Purposes … Continue reading “Exo Obtains New Funding Round”
Loyalme Lands $240,000 Seed Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9fd81cc7-066b-4009-9f14-4245d574c475 Date 4/29/2016 Company Name Loyalme Mailing Address 77 Water St 8th Floor New York, NY 10005 USA Company Description Increasing profit of organizations through the identification, retention and monetization of the most profitable customers. Website http://www.loyalme.com Transaction Type Venture Equity Transaction Amount $240,000 Transaction Round Seed Proceeds Purposes The company intends … Continue reading “Loyalme Lands $240,000 Seed Financing Round”
Poncho Receives $2,000,000 Seed Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bef40d38-9851-4994-a827-f9d561a1d3cb Date 4/29/2016 Company Name Poncho Mailing Address 416 West 13th Street New York, NY 10014 USA Company Description Poncho creates personalized weather forecasts tailored to user routines and delivered by email, text message, apps and notifications, and now bot interaction via Facebook Messenger or Slack. Website http://www.poncho.is Transaction Type Venture Equity … Continue reading “Poncho Receives $2,000,000 Seed Round”
East Coast Biotech Roundup: Sarepta, Nico, Ironwood & More
In biotech this Monday, all eyes were on an FDA advisory panel in Hyattsville, MD, where a throng of patient advocates some 800 strong gathered in support of approval for an experimental drug for Duchenne muscular dystrophy, a fatal genetic disease with no cure. The results of the hearing didn’t go the way the crowd … Continue reading “East Coast Biotech Roundup: Sarepta, Nico, Ironwood & More”
COP21—The Road Ahead for Sustainability
Last week’s signing of the Paris climate accord successfully returned international efforts on climate change to the media spotlight. As private investors in cleantech startups since 2006, Element 8 members have been following the developments since December very closely. We are notably encouraged about the future of clean technologies in the wake of not just … Continue reading “COP21—The Road Ahead for Sustainability”
Join Maeda, Hillis, Jepsen, & More in Napa May 16-17—Get Your Invite
Carving out time to really ponder the future of our technology landscape can be touch, but it can also be incredibly valuable. And if that time is spent with some of the world’s great innovators, technologists, and investors, all the better. That’s just the opportunity you’ll have at Xconomy’s invitation-only Napa Summit on May 16-17. … Continue reading “Join Maeda, Hillis, Jepsen, & More in Napa May 16-17—Get Your Invite”
Seclore Obtains $12,000,000 Series B Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=31d908b3-ba2e-4f9b-8e5a-45c5d5af13da Date 4/28/2016 Company Name Seclore Mailing Address 420 Lexington Avenue Graybar Building New York, NY 10170 USA Company Description Seclore offers an innovative solution, FileSecure, which enables organizations to control usage of information wherever it goes, both within and outside of the organization’s boundaries. Website http://www.seclore.com Transaction Type Venture Equity Transaction … Continue reading “Seclore Obtains $12,000,000 Series B Round”
Mast Mobile Receives New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6154f6b0-a16d-47da-9882-e8f042559033 Date 4/28/2016 Company Name Mast Mobile Mailing Address 335 Madison Avenue 3rd Floor New York, NY 10029 USA Company Description All work-related calls and texts are linked to a single number on your mobile phone. No more confusion caused by separate office and mobile numbers – or giving your personal mobile … Continue reading “Mast Mobile Receives New Funding”
Lindzon Sees Place for SparkFin in Constellation of Mobile Fintechs
As a broker, trader, and hedge fund manager, Howard Lindzon has long been fascinated by the potential use of social media for collecting and sharing stock tips and related information. He co-founded StockTwits in 2008 as an online social media network to share Wall Street market insights and ideas, and as a way to track … Continue reading “Lindzon Sees Place for SparkFin in Constellation of Mobile Fintechs”
CyberArk-Led Alliance Unites Security Around Privileged Accounts
A new nationwide cybersecurity industry partnership led by CyberArk Software underscores the sector’s increased emphasis on collaboration and unifying software security measures as threats mount around the world. CyberArk (NASDAQ: [[ticker:CYBR]]) today announced the launch of the C3 Alliance, a group of cybersecurity, enterprise software, and other service providers who will integrate into their offerings … Continue reading “CyberArk-Led Alliance Unites Security Around Privileged Accounts”
Kasisto Receives New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b7c6a5fe-c7e1-424c-a514-63e72d3c54e9 Date 4/27/2016 Company Name Kasisto Mailing Address 10 5th Avenue 5th Floor New York, NY 10011 USA Company Description Kasisto was founded in 2013 with the vision of helping consumers in everyday customer interactions through intelligent conversations on any device. We started by enabling financial institutions to add virtual personal assistants … Continue reading “Kasisto Receives New Funding”
ExecOnline Receives $1,792,202 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=03cb880c-84c2-4581-8738-16fa70a00a84 Date 4/27/2016 Company Name ExecOnline Mailing Address 404 5th Avenue 3rd Floor New York, NY 10018 USA Company Description ExecOnline partners with elite business schools, including Columbia, Berkeley-Haas, and MIT Sloan, to deliver professional development programs for executives. Website http://www.execonline.com Transaction Type Debt Transaction Amount $1,792,202 Transaction Round Undisclosed Proceeds Purposes … Continue reading “ExecOnline Receives $1,792,202 New Funding”
Finistere, IFC Team Up on New Ag Fund Willow Hill Ventures
Agricultural technology startups face challenges finding the capital to scale their companies, but they also struggle to find the farmland to test their products. Two companies experienced in agricultural investments have come together to launch a new venture fund that they say can address both problems. Willow Hill Ventures combines the agtech investment experience of … Continue reading “Finistere, IFC Team Up on New Ag Fund Willow Hill Ventures”
Sanford Weill Gives $185M To Expand Neuroscience Research at UCSF
With the largest philanthropic gift ever to the University of California, San Francisco, controversial Wall Street titan Sanford “Sandy” Weill and his wife Joan will put their stamp on neurosciences work at UCSF’s Mission Bay campus. The $185 million gift from the Weill Family Foundation will help build a 270,000 square-foot research center, which has … Continue reading “Sanford Weill Gives $185M To Expand Neuroscience Research at UCSF”
Freshly Expands Its Reach, Looks to Challenge Sprig in Meal Delivery
In an expansion effort that brings its service to 28 states, New York-based meal delivery startup Freshly says it is also stepping into competitor Sprig’s turf—at a time when this sector is ripe for consolidation. On Monday, Freshly announced it scaled up its coverage area, including in states, such as Illinois, where San Francisco-based Sprig … Continue reading “Freshly Expands Its Reach, Looks to Challenge Sprig in Meal Delivery”
Panama Papers Leak: The New Normal?
Imagine if robbing banks were so easy and common that the only headlines were about all the taxes the thieves were avoiding. Cybercrime has become so expected and normal that media coverage of the Panama Papers leak has barely mentioned law firm Mossack Fonseca’s failure to protect its most valuable and sensitive assets: the files … Continue reading “Panama Papers Leak: The New Normal?”
Unlockd Obtains $12,000,000 Series A Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2390798b-739e-4537-83b4-328e7064a444 Date 4/26/2016 Company Name Unlockd Mailing Address 214 West 29th Street New York, NY 10001 USA Company Description Unlockd provides a platform for engaging, fullscreen, targeted content to be delivered to mobile customers. Unlockd is a revolutionary mobile based technology, media and telecommunications business, connecting brands, content and relevant media to … Continue reading “Unlockd Obtains $12,000,000 Series A Financing”
Near-Term FDA Nod Unlikely For Duchenne Drug After Negative Vote
In a close 7-6 vote, a committee of medical experts said today that eteplirsen, a drug to treat Duchenne muscular dystrophy, has not met the bar set by the FDA for approval, which could make the drug the third Duchenne treatment in recent months to face FDA rejection, adding to the frustration of a tight-knit … Continue reading “Near-Term FDA Nod Unlikely For Duchenne Drug After Negative Vote”
Apester Raised $17M in Series A Round Led by Blumberg Capital
Last week, New York-based Apester, a platform brands and publishers can use to tell stories with digital content, announced it closed a $17 million Series A round led by Blumberg Capital. Finding new ways to hold the audience’s attention with digital content is a problem other startups such as Contextly, an alum of the Matter accelerator, have also been … Continue reading “Apester Raised $17M in Series A Round Led by Blumberg Capital”
Purdue’s Fintech Experiment: An Alternative to Pricy Student Loans
Purdue University, which prides itself on teaching innovation, is joining with a financial technology startup in an unusual partnership that may pave the way for lower-cost tuition payment options for students at other higher education institutions some day. Starting May 2, juniors and seniors at West Lafayette, IN-based Purdue can apply for a novel source … Continue reading “Purdue’s Fintech Experiment: An Alternative to Pricy Student Loans”
Brayola Garners $2,500,000 Series A Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=84408768-51ce-4541-8026-90fab45f49f4 Date 4/22/2016 Company Name Brayola Mailing Address Undisclosed New York, NY 10001 USA Company Description Brayola is the first & only marketplace for women’s intimate apparel, partnering with top brands & indie designers, using technology, data & community to provide a personalized way to shop for lingerie online for each and … Continue reading “Brayola Garners $2,500,000 Series A Financing Round”
Announcing Xconomy Cybersecurity Channel
It doesn’t seem to matter where you live, what you do, or what industry your company is in—the likelihood of a cyber attack is growing, and protecting yourself is ever more front of mind. Xconomy’s editors around the United States have certainly encountered that reality, as they are increasingly covering more and more cybersecurity issues. … Continue reading “Announcing Xconomy Cybersecurity Channel”
With BioMarin Data, Gene Therapy Finally Shows Impact on Hemophilia A
It’s too early to call it a breakthrough, but for the first time, a gene therapy has been shown to have a real impact on patients with hemophilia A, the most common form of the chronic blood disease. The early data, which come with plenty of caveats, were reported today by BioMarin (NASDAQ: [[ticker:BMRN]]), of … Continue reading “With BioMarin Data, Gene Therapy Finally Shows Impact on Hemophilia A”
Credential Stealing as Attack Vector
Traditional computer security concerns itself with vulnerabilities. We employ antivirus software to detect malware that exploits vulnerabilities. We have automatic patching systems to fix vulnerabilities. We debate whether the FBI should be permitted to introduce vulnerabilities in our software so it can get access to systems with a warrant. This is all important, but what’s … Continue reading “Credential Stealing as Attack Vector”
Bluebird’s Gene Therapy Shows Promise in Rare Brain Disease
Cerebral adrenoleukodystrophy is a rare, crippling neurological disease that leaves its patients, typically boys, severely disabled and ultimately dead in a matter of years. Only painful, dangerous bone marrow transplants can stop the progression of CALD. But while the transplants are effective in many cases, they can also be deadly for the patients who get … Continue reading “Bluebird’s Gene Therapy Shows Promise in Rare Brain Disease”
Ready Or Not: Next Alzheimer’s Drugs Might Strain Health Systems
By 2029, more than 20 percent of people in the United States will be over the age of 65. That’s why the race to find effective treatments for Alzheimer’s disease feels urgent. A few drugs, approved well over a decade ago, can slow patients’ mental decline for some time. But everything else that has reached … Continue reading “Ready Or Not: Next Alzheimer’s Drugs Might Strain Health Systems”
Agenda Posted For Napa Summit: Request Invite to Star-Studded Event
It’s four weeks until Napa Summit 2016: The Xconomy Retreat on the Economy, Jobs, and Growth. We have now posted the agenda, and we’d love to see you there. So request your invitation today to Xconomy’s most prestigious event. The dates are May 16 and 17, starting with a wine reception and dinner at Silver … Continue reading “Agenda Posted For Napa Summit: Request Invite to Star-Studded Event”
AOL and Cornell Tech’s Connected Experiences Lab Births First Idea
A bit of new technology has emerged from a partnership between AOL and New York-based Cornell Tech. Last week, AOL and the Jacobs Technion-Cornell Institute at Cornell Tech announced in a press statement they had come up with something called immersive recommendations technology. This would let users opt in to use their personal digital information from one platform to … Continue reading “AOL and Cornell Tech’s Connected Experiences Lab Births First Idea”
$1B Lumina Foundation Backs New Education Credentials Framework
Advocates of online education say it can provide learning opportunities as good as college coursework, but at a much lower cost. The broad offerings of edtech companies now range from foreign language instruction to history lessons to computer programming. What non-traditional education providers have always needed, though, is the ability to award their students a … Continue reading “$1B Lumina Foundation Backs New Education Credentials Framework”
Flipp Receives $61,000,000 New Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6545be19-0211-4505-a7a8-45c48abe50b6 Date 4/18/2016 Company Name Flipp Mailing Address 112 W 34th St. 18th Floor New York, NY 10120 USA Company Description Flipp (formerly Wishabi) was born in 2007 by former Microsoft engineers. We’re backed by some of the largest venture capitalists and retail executives in the world. Website http://www.flipp.com Transaction Type Venture … Continue reading “Flipp Receives $61,000,000 New Funding”
Transactis Obtains $30,000,000 Series E Financing
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9d058d10-cd15-48c1-b30d-f7fb675fe46e Date 4/18/2016 Company Name Transactis Mailing Address 1250 Broadway New York, NY 10001 USA Company Description Transactis is a leading provider of secure electronic billing solutions for both end-consumers and billers. Website http://www.transactis.com Transaction Type Venture Equity Transaction Amount $30,000,000 Transaction Round Series E Proceeds Purposes The company, which has now … Continue reading “Transactis Obtains $30,000,000 Series E Financing”
First-Quarter VC Activity Buoyant at $12.1 Billion, & Top 10 Deals
Venture capital firms invested $12.1 billion in 969 startup deals nationwide during the first three months of 2016, marking the ninth consecutive quarter when VCs invested at least $10 billion in new companies, according to the MoneyTree Report. The top 10 deals accounted for 25 percent of all capital deployed during the quarter, and was … Continue reading “First-Quarter VC Activity Buoyant at $12.1 Billion, & Top 10 Deals”
MightyTV Secures $2,500,000 Seed Funding
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=38f9e597-24e8-43a2-99d7-49cf330e74e5 Date 4/15/2016 Company Name MightyTV Mailing Address 205 East 42nd St. New York, NY 10017 USA Company Description MightyTV is a next generation discovery app that wants to help you find great videos. We are a team of technologists, artists and scientists who like to watch good stuff and we employ … Continue reading “MightyTV Secures $2,500,000 Seed Funding”
DigitalOcean Garners $130,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=24110ad2-46a8-4204-a943-f561836ac863 Date 4/15/2016 Company Name DigitalOcean Mailing Address 270 Lafayette Street New York, NY 10012 USA Company Description Spin up an SSD cloud server, with full root access, in under a minute. Pricing starts at $5/mo for 512MB RAM, 20GB SSD, 1CPU and 1TB transfer. Website http://www.digitalocean.com Transaction Type Debt Transaction Amount … Continue reading “DigitalOcean Garners $130,000,000 New Round”
With $40M Led by GV, Quartet Expands Tech for Mental Health Care
Quartet Health, the data-focused New York company that is trying to connect what it calls behavioral and physical healthcare, has received a $40 million Series B round led by GV, the venture capital arm of Google’s parent company, Alphabet. Quartet plans to spend the new money on gaining clients in five to 10 more major … Continue reading “With $40M Led by GV, Quartet Expands Tech for Mental Health Care”
East Coast Biotech Roundup: Intellia, What’s Hot, Cydan, Fog & More
Gene editing was in the news again this week, thanks to Intellia Therapeutics, which looks poised to become the second company developing drugs with CRISPR-Cas9 technology to go public. It wouldn’t be a surprise to see a third, CRISPR Therapeutics, follow suit. That means investors will have a chance to place and hedge their bets … Continue reading “East Coast Biotech Roundup: Intellia, What’s Hot, Cydan, Fog & More”
Quartet Lands $40,000,000 New Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c51b4bd4-5ab1-437b-b3d7-28d157fca4d3 Date 4/14/2016 Company Name Quartet Mailing Address 1320 York Avenue New York, NY 10021 USA Company Description We Align A Quartet Of Key Stakeholders – Patients, Behavioral Health Clinicians, Medical Providers, And Payers – To Deliver Improved Outcomes That Also Lower Total Cost Of Care. Website http://www.quartethealth.com Transaction Type Venture Equity … Continue reading “Quartet Lands $40,000,000 New Round”