Category: New York

Five Trends Ready to Disrupt In-Store Retail in 2016

With 2015 coming to a close, retailers are looking ahead for the next wave of technology that will impact in-store innovation. While we’re still waiting for some popular 2015 predictions to take off, including the merging of online recommendation engines with in-store visits, other trends such as e-commerce sites opening more brick and mortar locations … Continue reading “Five Trends Ready to Disrupt In-Store Retail in 2016”

The Big Value Creation Trend of 2015: Q&A with Jonathan Medved

When OurCrowd founder and CEO Jonathan Medved gives a talk about crowdfunding, as he did at the recent Stocktoberfest conference in San Diego, there is one particular slide in his deck that is something of a show stopper. Medved says it is the one slide that tells the whole story—explaining in one bar chart why … Continue reading “The Big Value Creation Trend of 2015: Q&A with Jonathan Medved”

Techstars NYC Sees Baptiste’s Return, Rise of Chipps, Visit by Wilson

When the latest class of Techstars NYC took the stage last week, the startups were not the only ones looking ahead—the city had its eye on the future as well. Among the 14 teams that graduated from the fall session (see slideshow), familiar faces Sara Chipps and Jason Baptiste turned up with their latest forays … Continue reading “Techstars NYC Sees Baptiste’s Return, Rise of Chipps, Visit by Wilson”

Fired From KaloBios, Shkreli Defends Himself Against Fraud Charges

Four days after his arrest on fraud charges, Martin Shkreli received his second pink slip, this time from KaloBios Pharmaceuticals (NASDAQ: [[ticker:KBIO]]), a struggling drug maker that Shkreli took over last month. The KaloBios announcement Monday morning was terse, simply saying Shkreli was terminated and had resigned from the company’s board of directors. Another director, … Continue reading “Fired From KaloBios, Shkreli Defends Himself Against Fraud Charges”

The Best Podcasts of 2015: A Guide for New Listeners

The percentage of Americans who say they’ve never listened to a podcast is steadily shrinking, but it’s still pretty large — 67 percent, according to a 2015 survey by Edison Research and Triton Digital. I’m going to assume for a minute that you’re in this uninitiated group. You know what podcasts are, and you’re vaguely … Continue reading “The Best Podcasts of 2015: A Guide for New Listeners”

Digital Business, Data-Driven Consumers, and the Dark Web

It’s that time of year again, where we look ahead to determine what tech trends will make the most significant impact in 2016. From my view, data analytics and our digital way of life will increasingly transform the world and the nature of business. Here are a few ways I see that playing out in … Continue reading “Digital Business, Data-Driven Consumers, and the Dark Web”

Psilos VC: Digital Health Will Emerge as Top Performer in 2016

As 2015 winds down, it’s a good time to look into the crystal ball for one of the toughest industries to predict: healthcare. We recently picked the brain of David Eichler, a managing partner with New York-based venture capital firm Psilos Group. Eichler (pictured) focuses on investments in digital health and medical device companies, and … Continue reading “Psilos VC: Digital Health Will Emerge as Top Performer in 2016”

The Day After His Arrest, Martin Shkreli Is Out At Turing Pharma

Martin Shkreli was arrested for securities fraud yesterday, and today he has one fewer business to run. Turing Pharmaceuticals announced this morning Shkreli has resigned his post as CEO. His departure from Turing marks the second time he has built a company, only to leave under no small amount of controversy. The federal government is … Continue reading “The Day After His Arrest, Martin Shkreli Is Out At Turing Pharma”

Rage Receives New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6b0b3b9b-1a9a-4579-a182-76c4fa701496 Date 12/18/2015 Company Name Rage Mailing Address Undisclosed New York, NY 11000 USA Company Description Rage is the dislike button that you were promised. An easy way to connect and comment on the things that make your blood boil and your stomach churn. Website http://www.rageapp.io Transaction Type Venture Equity Transaction Amount … Continue reading “Rage Receives New Round”

TxVia Secures $15,500,000 Series C Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7813a17e-5de3-4dd0-be43-8ce8d04e8315 Date 12/18/2015 Company Name TxVia Mailing Address 340 Madison Ave. 3rd Floor New York, NY 10017 USA Company Description TxVia offers the most advanced processing systems for prepaid cards. Some of the world’s largest bank issuers and program managers have selected TxVia to enable their prepaid card programs. We provide unparalleled … Continue reading “TxVia Secures $15,500,000 Series C Financing Round”

Pave Secures New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=53106bcb-84a6-4e63-a836-dbe0987843ce Date 12/18/2015 Company Name Pave Mailing Address 200 Varick Street New York, NY 10014 USA Company Description Pave operates an online lending platform for loans made by Cross River Bank, focused on lending to Millennials across most of the United States. Website http://www.pave.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction … Continue reading “Pave Secures New Financing Round”

West Coast Bio Roundup: Shkreli Cuffed, KaloBios Halted & More

[Updated, 9:00 am ET] As regular roundup readers know, the continuing saga of Martin Shkreli, the hedge funder-turned-drug price gouger, has a West Coast angle. Now under arrest on fraud charges, Shkreli took over Redwood City, CA-based KaloBios Pharmaceuticals (NASDAQ: [[ticker:KBIO]]) last month. It soon emerged he aimed to pursue a strategy similar to his … Continue reading “West Coast Bio Roundup: Shkreli Cuffed, KaloBios Halted & More”

Digital Publisher Purch Buys Mobile Shopping App ShopSavvy

Digital publisher Purch has made good on its promise to make acquisitions, announcing today that it bought mobile shopping app ShopSavvy for an undisclosed price. That’s the fourth acquisition the company has made in the last 12 months, putting to work a $135 million Series C funding it received in June led by Canso Investment … Continue reading “Digital Publisher Purch Buys Mobile Shopping App ShopSavvy”

LoopMe Garners $7,000,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2cd1b8c5-67b4-4d96-8e30-08ca0e1549dd Date 12/17/2015 Company Name LoopMe Mailing Address 85 Broad Street 16th Floor New York, NY 10004 USA Company Description LoopMe is the world’s largest mobile video platform, reaching over 1.25 billion consumers worldwide via integration with programmatic ad exchanges and direct publishers. Website http://www.loopme.com Transaction Type Venture Equity Transaction Amount $7,000,000 … Continue reading “LoopMe Garners $7,000,000 New Funding”

WorkFusion Obtains $11,349,999 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e5f47811-ab37-4449-b185-42778516dc98 Date 12/17/2015 Company Name WorkFusion Mailing Address 291 Broadway 4th Floor New York, NY 10007 USA Company Description WorkFusion is a software-as-a-service crowd computing platform that turns enterprise knowledge processes into online workflows, automates repetitive work, crowdsources judgment work, and focuses subject matter experts on high-value work. Website http://www.workfusion.com Transaction Type … Continue reading “WorkFusion Obtains $11,349,999 New Funding Round”

mParticle Garners $15,050,826 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=71bcbdc1-a907-4f2c-8520-572113bf8711 Date 12/17/2015 Company Name mParticle Mailing Address 381 Park Ave South New York, NY 10016 USA Company Description mParticle is the only end-to-end customer data platform built for native apps across all devices. To win in mobile requires data infrastructure purpose built to address the complexities core to running an app … Continue reading “mParticle Garners $15,050,826 New Financing Round”

Bizfi Obtains $65,000,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e1a1ed2e-dffc-4eb0-9182-894ea616e836 Date 12/17/2015 Company Name Bizfi Mailing Address 460 Park Avenue South 10th Floor New York, NY 10016 USA Company Description Bizfi is a fully automated online marketplace designed to give multiple financing options to applicants. What sets us apart is our proprietary platform technology which allows business owners to get actual … Continue reading “Bizfi Obtains $65,000,000 New Financing Round”

Bringg Secures $5,000,000 Series A Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f3097c5d-ae22-4c79-be3b-ab303f04190c Date 12/17/2015 Company Name Bringg Mailing Address Undisclosed New York, NY 10023 USA Company Description Bringg transforms existing local delivery operations and enables businesses to provide the on-demand delivery experience for their customers. Website http://www.bringg.com Transaction Type Venture Equity Transaction Amount $5,000,000 Transaction Round Series A Proceeds Purposes The funding will … Continue reading “Bringg Secures $5,000,000 Series A Round”

Arts, Crafts, and Techstars Turn Up at New York Tech Meetup

In a city known for its love of the arts, software and hardware are being transformed into a digital canvas for creative folks. Tuesday night’s New York Tech Meetup (NYTM) felt a bit like a tour through a studio populated with musicians and artisans who use technology as their chosen medium. The monthly gathering for … Continue reading “Arts, Crafts, and Techstars Turn Up at New York Tech Meetup”

From Google to Novartis: Business Showed Up Big at World Climate Talks

When negotiators from 195 countries met in Paris to hammer out an agreement to fight climate change, the two-week meeting in December was notable for many reasons. In an historic accord, the nations set a goal of limiting the warming of the planet to below 2 degrees C—even as low as 1.5 degrees C. The … Continue reading “From Google to Novartis: Business Showed Up Big at World Climate Talks”

Azalead Lands $5,000,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d00caf53-3c0f-4eea-9f82-8f08a0dfb5f6 Date 12/16/2015 Company Name Azalead Mailing Address 83 Broadway 2nd Floor New York, NY 10003 USA Company Description We are a young, dynamic and international company changing the world of B2B marketing. Azalead was founded in 2013 as a result of a growing interest in Account Based Marketing (ABM). Our founders … Continue reading “Azalead Lands $5,000,000 New Financing Round”

London Notebook: Conversations Inside The Biomedical Golden Triangle

Xconomy had reporters in eight locales when I joined in the spring of 2014. Since then, we have expanded into Texas and North Carolina, adding two more locales where we cover the life sciences and much more. We’re always looking for the next place to put down roots. One big place on our radar is … Continue reading “London Notebook: Conversations Inside The Biomedical Golden Triangle”

Sundar Lands $1,300,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=62b54258-a933-41c4-898c-37e6729ac24b Date 12/15/2015 Company Name Sundar Mailing Address 325 Canal St. New York, NY 10013 USA Company Description Sundar provides a curated B2B marketplace for apparel and accessories sourcing, by matching suppliers with creative professionals. Website http://www.sundar.io Transaction Type Venture Equity Transaction Amount $1,300,000 Transaction Round Undisclosed Proceeds Purposes We’re going to … Continue reading “Sundar Lands $1,300,000 New Funding Round”

ResiModel Receives $410,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c48e84c2-4d66-4e6b-beb8-e72fa6bf1681 Date 12/15/2015 Company Name ResiModel Mailing Address 1120 Avenue of the Americas 4th Floor New York, NY 10036 USA Company Description ResiModel is the only deal management, analytics & valuation platform specifically designed for multifamily transactions. Website http://www.resimodel.com Transaction Type Debt Transaction Amount $410,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes … Continue reading “ResiModel Receives $410,000 New Funding”

ResiModel Secures $410,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=73e2d07c-b80f-492b-8d3b-aa191496ac0c Date 12/15/2015 Company Name ResiModel Mailing Address 1120 Avenue of the Americas 4th Floor New York, NY 10036 USA Company Description ResiModel is the only deal management, analytics & valuation platform specifically designed for multifamily transactions. Website http://www.resimodel.com Transaction Type Debt Transaction Amount $410,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes … Continue reading “ResiModel Secures $410,000 New Funding Round”

SocialRank Evolving Its Software and Mission in Audience Analytics

There is no simple, magical answer for what brands should do with their social media followers, but New York-based SocialRank thinks it can help companies better understand who the audience is—and then take action. On Monday, the company introduced SocialRank for Teams, which lets groups use the SocialRank and Market Intelligence software collaboratively for their marketing efforts. From … Continue reading “SocialRank Evolving Its Software and Mission in Audience Analytics”

Matter Brings More Media Startups and Expansion Plans to New York

Last Friday, the Matter Five class visited New York, showcasing another round of startups with aspirations of bringing change to the media world. As accelerators go, Matter tends to have smaller classes of graduates, though they are all focused on some aspect of the media industry. There was an overarching theme among the latest graduates, centered … Continue reading “Matter Brings More Media Startups and Expansion Plans to New York”

Crealta Spins Struggling Arthritis Drug Into $510M Horizon Payday

In two years, Crealta Pharmaceuticals turned a floundering treatment for a rare type of arthritis into an enticing asset. Now, it’s cashing out, to the tune of $510 million in cash. Crealta is being acquired by Dublin-based Horizon Pharma (NASDAQ: [[ticker:HZNP]]), which wants access to pegloticase (Krystexxa). It’s the only FDA-approved drug for treating chronic … Continue reading “Crealta Spins Struggling Arthritis Drug Into $510M Horizon Payday”

Pymetrics Garners $4,119,998 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=48fd2a80-9c36-404f-ae2f-1bd22f16692a Date 12/14/2015 Company Name Pymetrics Mailing Address 110 Fifth Avenue 5th Floor New York, NY 10011 USA Company Description pymetrics aims to make human capital management more scientific with the goal of improved outcomes for job seekers and employees, as well as firms. pymetrics believes that employees and firms are both … Continue reading “Pymetrics Garners $4,119,998 New Funding”

Kyras Therapeutics Obtains Series A Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3423f19a-fa87-48c7-bbf5-52ed0d09281e Date 12/14/2015 Company Name Kyras Therapeutics Mailing Address 54 West 21st Street New York, NY 10010 USA Company Description Kyras is a biopharmaceutical company developing drugs that address currently incurable cancers and developmental disorders caused by RAS gene mutations. We are a team of experienced scientists, drug developers, and entrepreneurs dedicated … Continue reading “Kyras Therapeutics Obtains Series A Funding”

Connexity Acquires Hitwise for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=653fe597-4751-43b8-a9ef-46ebcfb90deb Date 12/14/2015 Company Name Hitwise Mailing Address 300 Park Avenue South New York, NY 10010 USA Company Description The Hitwise online competitive intelligence service provides daily insights on how 25 million people interact with over 900,000 websites in 160+ industries. Our unique, global network of Internet usage data is integrated into … Continue reading “Connexity Acquires Hitwise for Undisclosed Sum”

Austin, Denver Score High in U.S. List of Software Engineer Pay

If you are a software engineer, you are in demand. This you know. What you may not know is how your salary stacks up to that of your peers around the country. For that, I present to you the State of U.S. Salaries Report, courtesy of a San Francisco company called Hired. To no one’s … Continue reading “Austin, Denver Score High in U.S. List of Software Engineer Pay”

East Coast Biotech Roundup: ASH, Kallyope, SQZ, Kyras & More

Boston and New York are known for their sports rivalries, particularly the century-old blood feud between the Yankees and Red Sox. As locals know, for most of that time, Yankees-Red Sox wasn’t much of a rivalry. The mythical “Curse of the Bambino” ensured the Yankees were the hammer, and the Red Sox the nail—until a … Continue reading “East Coast Biotech Roundup: ASH, Kallyope, SQZ, Kyras & More”

Tansler Garners $1,300,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0de7edcb-9dde-4870-8540-02e5e9555434 Date 12/11/2015 Company Name Tansler Mailing Address 335 Madison Avenue 16th Floor New York, NY 10017 USA Company Description All transactions on Tansler take a maximum of 24 hours through our reverse auction process. Auctions will end once the first host accepts an offer, or after 24 hours, whichever comes first. … Continue reading “Tansler Garners $1,300,000 New Funding Round”

CultureIQ Secures $3,000,000 Seed Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=83328623-c551-444a-bacd-09501fa43956 Date 12/11/2015 Company Name CultureIQ Mailing Address 500 7th Ave 17th Floor New York, NY 10018 USA Company Description We started CultureIQ because we believe in the power of a strong culture. We believe culture is woven through a company, driving everything from recruiting and retention to engagement and success. We … Continue reading “CultureIQ Secures $3,000,000 Seed Financing”

Kallyope Receives $44,000,000 Series A Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2725de03-08d8-4e93-89df-5207b0cf3df3 Date 12/11/2015 Company Name Kallyope Mailing Address 430 East 29th Street 8th Floor New York, NY 10016 USA Company Description At Kallyope, we believe that the gut is the gateway to our internal world. Containing millions of neurons, the gut informs our brains about our well-being, metabolism, and nutritional state. Website … Continue reading “Kallyope Receives $44,000,000 Series A Funding”

Bill Clinton at Kiva’s National Launch of Small Biz Lending Platform

Wednesday night in New York, Kiva took the wraps off its nationwide platform for zero-percent-interest small business loans—with a little help from former President Bill Clinton and PayPal CEO Daniel Schulman. The launch means more small businesses can have a shot at obtaining such microloans, filling some of the gaps in the financing needed to get … Continue reading “Bill Clinton at Kiva’s National Launch of Small Biz Lending Platform”

With $5M for Open-Source Mapping Tools, Boundless to Make New Hires

The market for mapping tools like geographic information systems (GIS) is pretty well established and entrenched, especially when you consider that the largest company, Esri, controls more than 40 percent of it. Boundless Spatial, a New York-based startup that spun out of a nonprofit in 2013, has raised a Series B round of more than … Continue reading “With $5M for Open-Source Mapping Tools, Boundless to Make New Hires”

With Startup, Bio Pioneer Tom Maniatis Looks to Spark NY Scene Again

When molecular biology pioneer Tom Maniatis left Harvard University for New York six years ago, he set his sights on creating the same entrepreneurial foment that he’d come to know in Cambridge, MA. Many years before moving to New York, he helped found Genetics Institute, one of the biotech industry’s early trailblazing companies. It’s fair … Continue reading “With Startup, Bio Pioneer Tom Maniatis Looks to Spark NY Scene Again”

In New York and Montreal, Versant Seeds Two New Biotech Startups

Over the past few years, Versant Ventures has set up outposts in places like New York, Montreal, and Vancouver, with the goal of starting some new life sciences companies outside the biotech hotbeds of San Francisco and Boston. Two of those startups, known as Inception IBD and Kyras Therapeutics, are launching today with some financial … Continue reading “In New York and Montreal, Versant Seeds Two New Biotech Startups”

CloudEndure Receives $7,000,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=69e19dc0-2445-419b-8774-b86fcb140906 Date 12/10/2015 Company Name CloudEndure Mailing Address 244 Fifth Avenue New York, NY 10001 USA Company Description CloudEndure provides Cloud Migration and Cloud Disaster Recovery for any application, allowing companies to mobilize entire applications with their data to and across clouds with near zero downtime and no data loss. CloudEndure enables … Continue reading “CloudEndure Receives $7,000,000 New Financing”

Gimlet Media Lands $5,432,331 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5f5ac772-4f3e-43d3-b738-e0fca919b14d Date 12/10/2015 Company Name Gimlet Media Mailing Address 33 Flatbush Avenue 5th Floor Brooklyn, NY 11217 USA Company Description Gimlet Media is the premier digital media company focused on producing high quality narrative podcasts. Website http://www.gimletmedia.com Transaction Type Venture Equity Transaction Amount $5,432,331 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were … Continue reading “Gimlet Media Lands $5,432,331 New Financing”

Zootly Garners $2,500,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c4836dcd-1e00-4797-8261-ee0eed033df8 Date 12/10/2015 Company Name Zootly Mailing Address 214 West 29th Street 17th Floor New York, NY 10001 USA Company Description Zootly is changing how the world moves. Whether you’re an artist moving your work to a show across town, a student moving an apartment or a contractor moving materials to a … Continue reading “Zootly Garners $2,500,000 New Financing Round”

Cleantech, Robots, and Airbnb: Technologies to Watch in 2016

There comes a time when a “new” technology either changes the world or dies off—though it may be hard to know when it reaches such a threshold moment. If a trio of analysts with Bank of America Merrill Lynch is right, 2016 could be a turning point for a few segments of tech. It could … Continue reading “Cleantech, Robots, and Airbnb: Technologies to Watch in 2016”

Your Startup Should Try a Switchback Strategy

When it comes to startup strategies, many entrepreneurs assume there is one optimal path. They may need to experiment or “pivot” initially among alternatives, but once they fix on an ideal strategy they simply need to execute. For example, a startup attempting to commercialize a new technology faces the strategic choice of whether to “go … Continue reading “Your Startup Should Try a Switchback Strategy”

Clarifai Receives New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a4ef4156-c2aa-422a-80f1-1553a2f84636 Date 12/9/2015 Company Name Clarifai Mailing Address 32 W 22nd St. New York, NY 10010 USA Company Description Clarifai is headquartered in New York City and was founded in 2013 by Matthew Zeiler to bring the world’s best image recognition technology to market. Our first image recognition systems held the top … Continue reading “Clarifai Receives New Funding”

Slash Obtains $1,300,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6255582e-b856-498a-bbc4-2b3b236099a9 Date 12/9/2015 Company Name Slash Mailing Address Undisclosed New York, NY 10023 USA Company Description We’re building a better way to communicate. A smart keyboard that makes our conversations faster, easier, and more fun. Website http://www.tapslash.com Transaction Type Venture Equity Transaction Amount $1,300,000 Transaction Round Undisclosed Proceeds Purposes Slash is currently … Continue reading “Slash Obtains $1,300,000 New Funding Round”

Interlude Receives $18,200,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=32c24749-975f-42f3-bc06-3efb9c924f61 Date 12/9/2015 Company Name Interlude Mailing Address 115 Montgomery Street Binghamton, NY 13901 USA Company Description Interlude is a digital media company that designs, develops and markets interactive video technology, allowing consumers to create in real-time, a unique and dynamic version of a video that is based on pre-recorded audio/video segments … Continue reading “Interlude Receives $18,200,000 New Funding”