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Monday September 22, 2014

Stories related to ‘Financial’

The Real Deal Maps #NYTech Real Estate Boom

The Real Deal Maps #NYTech Real Estate Boom

A lengthy piece in The Real Deal (TRD) recently examined the NY real estate market's current tech boom. The market is having a difficult time defining a tech company in a world where almost everyone has a tech focus. Tech companies have brought expansion to real estate, but they still only represent [Full Story…]

Brooklyn Public Library Plans Digital Strategy

Brooklyn Public Library Plans Digital Strategy

The Brooklyn Public Library is moving ahead with a new strategic to plan to bring the institution into the digital age. The library has evolved into more than just a place to borrow books but also a social service agency, where people come to learn computer skills. Linda Johnson, the President and [Full Story…]

NJ’s LiveU Raises $27M

NJ's LiveU Raises $27M

LiveU, based in Hackensack, NJ, recently raised $27 million in funding. The company's 4G LTE-equipped LU70 backpack has become the go-to for companies looking to uplink HD video while in the field. The funding round included Lightspeed Venture Partners, Canaan Partners, Carmel Ventures and Pitango [Full Story…]

NYs Loosecubes Shutting Down Operations

NYs Loosecubes Shutting Down Operations

NY based Loosecubes, a co-working startup, will shut down its operations according to a blog post on its site. According to PandoDaily, the company raised $7.8 million in June and in 2010 the company raised $1.23 million. Loosecubes' goal was to become "the Airbnb of office space." However, with [Full Story…]

NY FinTech Innovation Lab Calls for Applicants

NY FinTech Innovation Lab Calls for Applicants

The New York FinTech Innovation Lab has recently began looking for leading financial technology innovators. Winners of the search, announced by the New York City fund and Accenture, will be part of the FinTech Innovation lab's 12 week program that helps financial technology companies accelerate [Full Story…]

CT Based Priceline to Acquire Kayak for $1.8B

CT Based Priceline to Acquire Kayak for $1.8B

Priceline has agreed to acquire travel price comparison engine Kayak for $1.8 billion dollars in a cash and stock deal. Both Kayak and Priceline are based in Norwalk, Connecticut but Priceline has said it will operate Kayak as an independent subsidiary, according to CNN Money. Kayak "has world class [Full Story…]

Is Reddit Worth $240 Million?

Is Reddit Worth $240 Million?

Advance Publications bought NY-based Reddit for less than $5 million in 2006. Now its estimated value is upwards of $240 million. Bob Sauerberg, president of Advance’s Conde Nast magazine division, said that they basically left the startup alone so they wouldn’t screw it up. Forbes recently [Full Story…]

#NYU Alums Raised $1.2B in Funding for Startups

#NYU Alums Raised $1.2B in Funding for Startups

According to CB Insights, startups founded by New York University alumni raised $1.2 billion during the past five years. The University Entrepreneurship Reports revealed that the most of the funding went to Internet companies. Of these, 95 percent are still in business and 70 percent conduct [Full Story…]

Real Estate Co. #Zillow Acquires NY’s Buyfolio

Real Estate Co. #Zillow Acquires NY's Buyfolio

Online real estate listing company Zillow this week acquired Buyfolio, a NY-based company that allows users to organize and communicate with brokers when searching for properties.  Buyfolio lets users create a database of listings and share it with a broker or family members who can update it with [Full Story…]

LocalVox Acquires Postling for its Dashboard

LocalVox Acquires Postling for its Dashboard

LocalVox, a NY-based local marketing platform, announced today that it has acquired Postling, which has developed a social media marketing dashboard. Postling’s dashboard is used by more than 20,000 small businesses and it’s integrated into LocalVox’s new product, described as a kind of inbox that [Full Story…]

General Assembly Receives $10M in New Funding

General Assembly Receives $10M in New Funding

General Assembly raised $10 million in new funding this week, according to a recent SEC filing. The NY-based tech education startup declined to reveal the funders to TechCrunch for this new cash infusion, but in the past raised raised $4.5 million from Jeff Bezos, the VC firm Maveron, Yuri Milner [Full Story…]

NY’s Lerer Ventures Raises $36M Fund

NY's Lerer Ventures Raises $36M Fund

Lerer Ventures, NY-based investment firm, has raised its largest fund yet. According to Business Insider, this third round of funding amounted to $36 million. The group was started by Eric Hippeau, Jordan Cooper, Ken Lerer, and Ben Lerer. With the money, the firm plans to continue investing in [Full Story…]

#NYCTech Deals Reach Five Quarter High

#NYCTech Deals Reach Five Quarter High

According to the latest Q3 report from CB Insights, two out of every 10 Internet deals are done in NY. Even though NY ranks forth in VC funding (behind Silicon Alley, Massachusetts and SoCal) its deal count reached a five-quarter high. Small seed VC deals make up 49 percent of the activity. While NY [Full Story…]

iEvening: Chocolate, Marijuana and Grit #iBreakfast

iEvening: Chocolate, Marijuana and Grit #iBreakfast

By Lauren Keyson Several entrepreneurs came to iEvening’s “Are You Fundable?” event last night to get feedback on their products. All of them involved technology or the internet.  A lot of advice for the timid and not so timid presenters included the need for grit – the need to stick to their [Full Story…]

#Facebook and #NASDAQ Lawsuits to be Held in NY

#Facebook and #NASDAQ Lawsuits to be Held in NY

Lawsuits brought against Facebook Inc, NASDAQ, and different underwriters will all be brought under a judge in NY, who will have to sort throughout the after effects of Facebook's IPO earlier this year. According to Wall Street & Technology, recently a group of federal judges ordered that the [Full Story…]