In Venture Reinvention, Versant Sees Gains Amid Biotech Boom Times

There’s not much ice in San Francisco, where I grew up, so hockey metaphors often go right over my head. But I can’t resist noting that Versant Ventures, led by a former hockey player, has made big line changes this decade to be able to skate another day, while many of its biotech venture peers … Continue reading “In Venture Reinvention, Versant Sees Gains Amid Biotech Boom Times”

Clarifai Lands $10,000,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5970549a-e6a0-49e6-9b13-fdfd84bc7306 Date 4/29/2015 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 Lands $10,000,000 New Round”

Signpost Lands $20,500,000 Series C Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8bf7ba51-a64a-4296-b9d0-12ff8361c059 Date 4/28/2015 Company Name Signpost Mailing Address 333 Hudson Street New York, NY 10013 USA Company Description We make it easy for anyone to post, rate and discover great deals: everything from the weekend-only sample sale and the too-good-to-be-true happy hour, to those hidden finds you only hear about when you’re … Continue reading “Signpost Lands $20,500,000 Series C Financing Round”

Refinery29 Receives $50,000,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=aa8f8ae3-f2e6-48fd-b5a5-d376972b33fa Date 4/28/2015 Company Name Refinery29 Mailing Address 30 Cooper Square 4th Floor New York, NY 10003 USA Company Description Refinery29 is the cornerstone of fashion, beauty, and shopping for a new generation. Combining daily local newsletter editions and a website that serves as a global style hub, Refinery29 offers the only … Continue reading “Refinery29 Receives $50,000,000 New Financing”

Jukely Garners $8,000,000 Seed Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ea207474-549f-45aa-9700-2cfb7594438f Date 4/28/2015 Company Name Jukely Mailing Address 230 Ashland Ave. Brooklyn, NY 11217 USA Company Description Discover live music you’ll love with friends and purchase tickets in just two taps. Website http://www.jukely.com Transaction Type Venture Equity Transaction Amount $8,000,000 Transaction Round Seed Proceeds Purposes Proceeds from this funding round will be … Continue reading “Jukely Garners $8,000,000 Seed Round”

Peloton Pedals Ahead with $30M More, Plans to Double Engineering Team

It looks like the team at Peloton is working up a sweat, having bagged another $30 million for its exercise bikes that stream video classes. Earlier this month, Peloton closed on the Series C round led by True Ventures and Tiger Global Management. John Foley, CEO and founder of Peloton, says the new funding will … Continue reading “Peloton Pedals Ahead with $30M More, Plans to Double Engineering Team”

Blueprint, Now With 60 Startups, Debuts Latest Healthtech Crop

The numbers are quickly growing for Blueprint Health. Some four years into its existence, Blueprint—the New York City-based healthtech startup incubator—has now helped launch 60 companies. That includes the seven that debuted on Friday at the latest Blueprint demo day at the City Winery in SoHo. The new group, toting digital health solutions for insurance … Continue reading “Blueprint, Now With 60 Startups, Debuts Latest Healthtech Crop”

East Coast Biotech Roundup: Forum, Crossovers, Immuno-Oncology & More

It was marathon Monday this week in Boston, but East Coast biotech executives were running around all week. There was a big cancer meeting in Philadelphia, a neurology shindig in Washington DC, and a liver conference that just kicked off in Europe. And the usual spate of financings and deals for a bunch of local … Continue reading “East Coast Biotech Roundup: Forum, Crossovers, Immuno-Oncology & More”

Perseus Lands $20,500,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=51b9cdb9-24d2-40ad-b83c-c5def64ec7c6 Date 4/24/2015 Company Name Perseus Mailing Address 30 Vesey Street 14th Floor New York, NY 10007 USA Company Description Perseus is the world’s leading provider of managed services for high-precision, high-speed, high-performance applications. With clients spanning the Financial, Media, eCommerce and iGaming sectors, Perseus offers a fully-managed suite of services across … Continue reading “Perseus Lands $20,500,000 New Financing”

Aerie Craters As Glaucoma Drug Comes up Short in Phase 3

Aerie Pharmaceuticals revealed this afternoon the first results from a group of late-stage trials for its glaucoma drug, and unfortunately for the Bedminster, NJ-based company, they don’t look pretty. The drug, known as Rhopressa, failed the primary goal of Aerie’s (NASDAQ: [[ticker:AERI]]) study. It didn’t do a better job of lowering intra-ocular pressure than timolol, … Continue reading “Aerie Craters As Glaucoma Drug Comes up Short in Phase 3”

Crossovers Arm Jounce With $56M For “Next Step” Immuno-Oncology

There’s an immuno-oncology frenzy going on in biotech, but with a lot of attention comes competition. Plenty of companies will be left out when all is said and done. That’s why Cambridge, MA-based Jounce Therapeutics is trying to think a step ahead, and find some places in the field that aren’t as crowded as of … Continue reading “Crossovers Arm Jounce With $56M For “Next Step” Immuno-Oncology”

Lua Technologies Secures $5,097,558 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5476cc91-92bb-48bd-866e-bd4de0c53b12 Date 4/23/2015 Company Name Lua Technologies Mailing Address 900 Broadway New York, NY 10003 USA Company Description Lua is helping organizations work smarter and be more productive with a mobile-first enterprise communication solution that powers secure messaging, group calling, and file sharing. Headquartered in New York City with several U.S. locations, … Continue reading “Lua Technologies Secures $5,097,558 New Round”

Zipari Receives $325,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2dd28f46-2a44-4fef-8801-e8166ffcdf5f Date 4/23/2015 Company Name Zipari Mailing Address 20 Jay Street Brooklyn, NY 11201 USA Company Description Zipari is committed to making it easy to understand, buy and use health insurance. Our health insurance platform is 100% cloud-based and HIPAA compliant, making it not only cost effective and agile, but also very … Continue reading “Zipari Receives $325,000 New Funding”

Honey Receives $1,000,000 Seed Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=54bfa6f4-f1ca-4ccd-b310-ec1c437735f5 Date 4/23/2015 Company Name Honey Mailing Address 110 Fifth Avenue Fifth Floor New York, NY 10011 USA Company Description Honey is a beautiful and intuitive social intranet. Built to connect global teams, share resources, simplify team conversations, and support employee workflows, Honey makes internal communications easy. Website http://www.honey.is Transaction Type Venture … Continue reading “Honey Receives $1,000,000 Seed Funding”

3D Printing Tries on New Colors: A Chat with MakerBot CEO Jaglom

We are witnessing a shift towards more desktop 3D printing, at least from Jonathan Jaglom’s perspective. “What we see is a transition from the higher end to the desktop 3D printing space,” he said. “The paradigm of 3D printing is shifting from the professional platform to the personal platform.” The newly minted CEO of Brooklyn-based … Continue reading “3D Printing Tries on New Colors: A Chat with MakerBot CEO Jaglom”

Napa Summit 2015: Request Your Invite to Xconomy’s Most Elite Event

What are the forces shaping our innovation future—and who are the leaders who will build it? We can’t promise all the answers, but we can promise an unusually intimate and inspiring discussion of such questions at Xconomy’s most unique and exclusive event. It’s called the Napa Summit: The Xconomy Retreat on Technology, Jobs, and Growth—and … Continue reading “Napa Summit 2015: Request Your Invite to Xconomy’s Most Elite Event”

Dunsire, Forum Pharma Look Beyond Fidelity For Big Alzheimer’s Push

Alzheimer’s disease is a minefield for drug developers. Despite billions of dollars invested by biotechs and pharmaceutical companies, a number of programs have blown up in clinical testing over the past decade. Can a star CEO march the rechristened Forum Pharmaceuticals through that treacherous terrain? Since July 2013, Forum has been helmed by Deborah Dunsire, … Continue reading “Dunsire, Forum Pharma Look Beyond Fidelity For Big Alzheimer’s Push”

Untapt Secures $3,000,000 Series A Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=42782a8f-3f1a-4dab-b454-4e4351fc4862 Date 4/22/2015 Company Name Untapt Mailing Address 370 Broadway New York, NY 10018 USA Company Description untapt works with the world’s leading banks, hedge funds and FinTech startups. We only work with the best, so you can too. We have exclusive jobs with the very best FinTech companies that don’t exist … Continue reading “Untapt Secures $3,000,000 Series A Funding Round”

OpenFin Receives $3,000,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d71e3663-3477-4c72-a4c6-8b95918fbb11 Date 4/22/2015 Company Name OpenFin Mailing Address 25 Broadway 9th Floor New York, NY 10004 USA Company Description OpenFin provides runtime technology for financial desktops. The company’s patent-pending software enables financial desktop applications to be instantly deployable, interoperable and cross-platform while meeting the strict security and compliance requirements of financial institutions. … Continue reading “OpenFin Receives $3,000,000 New Financing”

Cognotion Garners $550,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=554ef56a-5d90-456b-bdba-a8049bddd44b Date 4/22/2015 Company Name Cognotion Mailing Address 1407 Broadway 24th Floor New York, NY 10018 USA Company Description Cognotion was founded on an age-old insight: human beings learn best through story. We craft Optimal Learning Experiences—emotionally and cognitively intense programs that combine interactive video narratives with gamified learning modules, augmented by … Continue reading “Cognotion Garners $550,000 New Financing Round”

Inturn Garners $3,600,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5f624764-026f-4294-b145-ec8af2aeb5fb Date 4/22/2015 Company Name Inturn Mailing Address Undisclosed New York, NY 10004 USA Company Description INTURN Helps Brands Liquidate Excess Inventory Quickly and Efficiently You have excess inventory. Everyone does. Today, someone in your organization sells it by emailing spreadsheets to one buyer at a time. The inventory gets sold, but … Continue reading “Inturn Garners $3,600,000 New Funding”

Techstars NYC Firms Up Its Technology Muscles in Latest Class

Brad Feld, a Techstars co-founder, did not mince words when he grabbed the microphone at demo day. “I think this Techstars class is the most technically deep Techstars class that I’ve seen,” he said. “It’s pretty incredible to see it here in New York City.” That was his assessment of the winter 2015 class of … Continue reading “Techstars NYC Firms Up Its Technology Muscles in Latest Class”

ImmuneXcite Enlists Body’s First Defender for Immune Attack on Cancer

Immuno-oncology is all the rage these days, and it’s easy to see why. Breakthroughs in harnessing the power of our body’s natural defenses are unlocking new ways to fight cancer, and producing some of the most promising results the field has seen to date. But it’s not as if someone has magically cracked the code … Continue reading “ImmuneXcite Enlists Body’s First Defender for Immune Attack on Cancer”

Gene Therapy Upstart Dimension Nabs $65M From “Crossover” Backers

The race is on to be the first to market with a gene therapy for hemophilia. And one of the entrants just got a big round of funding in what looks like a prelude to an initial public offering. Cambridge, MA-based Dimension Therapeutics has raised a $65 million Series B round from a group of … Continue reading “Gene Therapy Upstart Dimension Nabs $65M From “Crossover” Backers”

Oscar Health Insurance Garners $145,000,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a944f66c-14ea-46a3-831e-3d97832aa5c0 Date 4/21/2015 Company Name Oscar Health Insurance Mailing Address 295 Lafayette Street New York, NY 10012 USA Company Description The Oscar team is focused on utilizing technology, design and data to humanize healthcare. We are a group of technology and healthcare dreamers who looked at the current state of the US … Continue reading “Oscar Health Insurance Garners $145,000,000 New Financing”

Milestones of Innovation 5: Stephanie Kwolek and Kevlar

Let’s hear it for Stephanie Kwolek, a determined, observant, and playful chemist who died last year at the age of 90. She is the inventor-heroine of an artificial fiber stronger than steel called kevlar, which has saved thousands of soldiers and policemen from fatal bullet wounds and is used in everything from cellphones to skis. … Continue reading “Milestones of Innovation 5: Stephanie Kwolek and Kevlar”

Why Etsy’s IPO Could Silence Haters of the New York Tech Scene

Over and over, it seems technology startups in New York have to validate their existence to outsiders. Whether it is comparisons to the legacy of Silicon Valley or the depth of research in Boston, this city never measures up for some folks. Hecklers in the peanut gallery want to see big exits or companies go … Continue reading “Why Etsy’s IPO Could Silence Haters of the New York Tech Scene”

Snaps Receives $6,500,000 Series A Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=041fd6cd-0b5f-4c15-a2eb-71b88ed8422c Date 4/20/2015 Company Name Snaps Mailing Address 132 East 28th Street New York, NY 10016 USA Company Description Snaps is a mobile app that helps consumers engage with the brands and social causes they love. Snaps allows users to add virtually anything – from branded content provided by clients, images of … Continue reading “Snaps Receives $6,500,000 Series A Financing Round”

Widetronix Obtains $1,170,080 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=22c5857e-38c9-4b18-9f78-77cd4226b65e Date 4/20/2015 Company Name Widetronix Mailing Address 950 Danby Rd. Ithaca, NY 14850 USA Company Description Widetronix designs and builds low power, long life batteries for microelectronics. Website http://www.widetronix.com Transaction Type Debt Transaction Amount $1,170,080 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. SEC regulatory filing. Contact technology company … Continue reading “Widetronix Obtains $1,170,080 New Financing”

Flashpoint Lands $5,000,000 Series A Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e5448b57-8c6b-4ba7-9c04-f1dea075fe9a Date 4/18/2015 Company Name Flashpoint Mailing Address Undisclosed New York, NY 11000 USA Company Description The internet is massive with an overwhelming amount of data, and often times those in charge of security simply don’t know where to begin in tracking potential threats. Website http://www.flashpoint-intel.com Transaction Type Venture Equity Transaction Amount … Continue reading “Flashpoint Lands $5,000,000 Series A Funding Round”

Innovation Hub: Which Companies Care About the Environment?

Transforming big businesses into green businesses might seem like a thorny process. But older, established companies like Ford have the potential to ignite a new generation of environmentally friendly products, according to Andrew Winston, author of The Big Pivot. By shifting their manufacturing process—like substituting aluminum for steel, as Ford has done—such companies are able … Continue reading “Innovation Hub: Which Companies Care About the Environment?”

Dip, But No Slowdown in First-Quarter VC Funding, & Top 10 Deals

A new MoneyTree Report being released today shows that U.S. venture capital activity eased off during the first three months of 2015. Yet it still marked the fifth consecutive quarter in which U.S. venture funding remained above $10 billion. VCs invested $13.4 billion in 1,020 deals throughout the U.S. during the first quarter of 2015, … Continue reading “Dip, But No Slowdown in First-Quarter VC Funding, & Top 10 Deals”

Assured Labor Garners $6,800,000 Series B Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=85a6c95a-aa5e-4e0d-96f0-77ef0be5984a Date 4/17/2015 Company Name Assured Labor Mailing Address 122 West 26th Street New York, NY 10001 USA Company Description Assured Labor’s innovative service is optimized for the way people in emerging markets really find jobs. We understand that while employers may use the internet on a daily basis, their workforce rarely … Continue reading “Assured Labor Garners $6,800,000 Series B Financing Round”

K2 Intelligence Garners New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ba45bd8d-ff94-4674-a62c-e2fb43bf7767 Date 4/17/2015 Company Name K2 Intelligence Mailing Address 599 Lexington Avenue 12th Floor New York, NY 10022 USA Company Description K2 Intelligence provides specialized risk services and solutions to corporations, sovereign nations and individuals. Website http://www.k2intelligence.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were … Continue reading “K2 Intelligence Garners New Funding Round”

Jello Labs Obtains $25,000,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9c10a07b-6d0e-47bf-8b5b-eb4ecd0d119a Date 4/17/2015 Company Name Jello Labs Mailing Address 343 West 16th Street New York, NY 10012 USA Company Description We are on a mission to create the world’s best Mobile Shopping experience. To do this, we are assembling a family of great engineers, designers, and problem solvers. Website http://www.jellolabs.com Transaction Type … Continue reading “Jello Labs Obtains $25,000,000 New Round”

IBM Security Opens Up Library of Malware and Threat Intelligence

Despite a career spent trying to defeat increasingly skilled and sophisticated hackers, Marc van Zadelhoff remains an optimist—at least a cautious one. Van Zadelhoff, IBM Security’s vice president of strategy, isn’t ignorant of the risks his team is dealing with. He can rattle off the number of endpoints—270 million—and security events—more than 15 billion—IBM Security … Continue reading “IBM Security Opens Up Library of Malware and Threat Intelligence”

3 Things Startups Need to Know to Move to the Cloud

Despite concerns around data security, businesses are optimistic about the cloud. In fact, software-as-a-service adoption has more than quintupled from 13 percent in 2011 to 72 percent in 2014, according to a cloud computing survey conducted by North Bridge Venture Partners and Gigaom Research. For startups, the cloud has always been a great equalizer, enabling … Continue reading “3 Things Startups Need to Know to Move to the Cloud”

Levin Steps in as Ovid CEO, Confirms Plan to Target Rare Neuro Diseases

Ovid Therapeutics finally had its official launch this morning, confirming what we thought we knew about the once-stealthy startup and filling in a few additional details. Chief among them: former Teva Pharmaceutical CEO Jeremy Levin has returned to biotech to lead New York-based Ovid. Levin has been the chairman of Ovid since October, and he’ll … Continue reading “Levin Steps in as Ovid CEO, Confirms Plan to Target Rare Neuro Diseases”

Etsy Garners $267,000,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=eb5095d8-7891-4e96-a396-42714dfa0722 Date 4/16/2015 Company Name Etsy Mailing Address 55 Washington Street Brooklyn, NY 11201 USA Company Description Etsy (NASDAQ: ETSY) operates an online marketplace for buying and selling all things handmade. Website http://www.etsy.com Transaction Type IPO Transaction Amount $267,000,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes are on file with company statements … Continue reading “Etsy Garners $267,000,000 New Round”

Flatiron School Secures $9,000,000 Series B Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=362e6a57-8747-438c-95d2-8d983b5f80a7 Date 4/16/2015 Company Name Flatiron School Mailing Address 11 Broadway New York, NY 10004 USA Company Description The Flatiron School trains highly motivated individuals in web application development. They teach best practices in Ruby, Rails, JavaScript, Object-Oriented Design, Git, SQL, Test-Driven Development. Website http://www.flatironschool.com Transaction Type Venture Equity Transaction Amount $9,000,000 … Continue reading “Flatiron School Secures $9,000,000 Series B Financing Round”

Real Estate Platform TheSquareFoot Nets $2M, Expands to NY

Th SquareFoot, a Houston-born and now New York-based online platform for commercial real estate, has raised $2 million in seed funding following its expansion into the Big Apple. “Being in New York is a very different animal,” says Justin Lee, a SquareFoot co-founder. “The commercial real estate market in New York is super, super competitive … Continue reading “Real Estate Platform TheSquareFoot Nets $2M, Expands to NY”

Healthcare Is Transforming Regardless of What Happens to the ACA

Powerful arguments and emotions continue to challenge the future of the Affordable Care Act (ACA). The Supreme Court, partisan ideology, presidential elections, and deeply held convictions about the role of government will all make their mark. Most healthcare leaders, however, share a fundamental belief that healthcare transformation is happening now—driven by some of the same … Continue reading “Healthcare Is Transforming Regardless of What Happens to the ACA”

Citymaps Trying to Be a More Personalized Alternative to Google Maps

Hop in a cab in New York and chances are you will see Citymaps at work. The company’s digital maps showing points of interest in the area appear on video screens in many of the taxis that crisscross the city. Lately though, Citymaps has broadened its borders to serve the rest of the globe. The … Continue reading “Citymaps Trying to Be a More Personalized Alternative to Google Maps”

NEA Closes on $3.1 Billion for Its Latest Fund, Sticks to Its Strategy

In a way, it will be more of the same for New Enterprise Associates (NEA)—just with a hefty addition to its war chest to work with. Early Wednesday morning, the venture capital firm announced it closed on $2.8 billion in committed capital for its fifteenth fund, plus $350 million more for its NEA Opportunity Fund—a … Continue reading “NEA Closes on $3.1 Billion for Its Latest Fund, Sticks to Its Strategy”

TreSensa Secures $1,999,985 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b44193b1-1cc7-45f3-9213-7c2d64eb87bf Date 4/15/2015 Company Name TreSensa Mailing Address 443 Park Ave South New York, NY 10016 USA Company Description TreSensa is a NYC-based game development/ distribution company that optimizes games for the mobile web. Website http://www.tresensa.com Transaction Type Venture Equity Transaction Amount $1,999,985 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not … Continue reading “TreSensa Secures $1,999,985 New Funding Round”

Oligomerix Obtains $400,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9f266daf-8f86-4664-82ae-e99c14a83962 Date 4/15/2015 Company Name Oligomerix Mailing Address 3960 Broadway New York, NY 10032 USA Company Description OLIGOMERIX Inc., is a biopharmaceutical company focused on developing novel drug discovery targets and therapeutics for Alzheimer’s disease and other neurodegenerative disorders. Founded in 2006, OLIGOMERIX has filed patents on tau protein oligomers (soluble aggregates) … Continue reading “Oligomerix Obtains $400,000 New Funding Round”

WPP Acquires Medialets for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=76e30585-12b4-4f75-9276-598ce3d18c38 Date 4/15/2015 Company Name Medialets Mailing Address 80 8th Avenue 5th Floor New York, NY 10014 USA Company Description Medialets is a New York City-based rich media advertising and analytics platform for native applications on devices such as iPhone and Android. Medialets works with agencies and brands to define and deploy … Continue reading “WPP Acquires Medialets for Undisclosed Sum”