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Tuesday November 21, 2017

Stories related to ‘investment’

New #VC Firm Pereg Ventures Launches in NY

New #VC Firm Pereg Ventures Launches in NY

Pereg Ventures, a new NY venture capital firm, just launched. The firm plans to invest in "early-stage, high-growth, transformational technologies that help companies understand and market to their customers," according to a press release on Yahoo Finance. Pereg will focus on U.S. tech firms and [Full Story…]

Fred Wilson Hasn’t Made an Investment Deal in 2012

Fred Wilson Hasn't Made an Investment Deal in 2012

According to Fortune, well-known NY venture capitalist Fred Wilson has not done a single deal in 2012. His firm, Union Square Ventures has invested more money this year since its founding in 2004, but Wilson has not personally led any of the deals. He generally invests in two to three companies a [Full Story…]

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 Beta Summer Camp Readies Startups

Brooklyn Beta Summer Camp Readies Startups

Craig Shapiro, startup investor from Silicon Valley, relocated to NY in 2011 and launched his seed pool for startups known as the Collaborative Fund. While on the East Coast, Shapiro met Cameron Koczon, founder of Brooklyn Beta. According to Ad Week, the two became friends and started the Brooklyn [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…]

NY’s Qloo Launches with $1.4M Funding

NY's Qloo Launches with $1.4M Funding

NY-based startup Qloo is launching with $1.4 million in funding. The company, according to GigaOm, is a one-stop site for finding cultural interests and locations. Qloo privately launched in Alpha in April, and their funding round was led by Kindler Capital. The website lets users select one item [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…]

NY’s Kickstarter Not for Sale

NY's Kickstarter Not for Sale

CEO Perry Chen said that Kickstarter is not for sale. Nor will the company have an IPO. Speaking at the GigaOM Roadmap conference in San Francisco, Chen also said they aren't interested in joining the equity crowdfunding space. Since April 2009, Kickstarted has guided almost $50 million into 76,000 [Full Story…]

NY’s Stamped Acquired by Yahoo

NY's Stamped Acquired by Yahoo

Stamped is hiring. The tiny, nine-person startup was recently acquired by Yahoo. Marissa Mayer, CEO, announced the acquisition by tweeting a photo of her newest employees. Stamped’s blog post says they can’t divulge any details, but are is excited to work on something big, mobile and new. According [Full Story…]

VentureBeat Opens NY Office

VentureBeat Opens NY Office

NYs tech community has reached enough critical mass for VentureBeat to open a Manhattan office. Last week the tech media had a private launch party celebrating their new offices. VentureBeat had only had two NY-based staffers and some freelancers when Matt Marshall, founder and editor-in-chief moved [Full Story…]

Hippeau: NY Entering a Golden Age of Entrepreneurship

Hippeau: NY Entering a Golden Age of Entrepreneurship

Eric Hippeau of Lerer Ventures said NY is entering a golden age for entrepreneurs—and they are in the position to take advantage of it. Lerer Ventures just raised its biggest fund to date--$36 million. Hippeau said NY has an infrastructure supporting entrepreneurs. It’s very collaborative and the [Full Story…]

VentureBeat’s Top 10 #nyctech Startups

VentureBeat's Top 10 #nyctech Startups

Venture Beat recently created a list of the top ten NY startups that it's "crazy for." The list goes beyond companies that are already well-known like Tumblr and Foursquare and takes a look at startups in NY that offer something different from other tech hotspots, essentially the reporters [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…]

NY Reaches Key Milestones in Quest to Become Tech Capital

NY Reaches Key Milestones in Quest to Become Tech Capital

In its quest to become a tech startup capital to rival the likes of Silicon Valley, NY has been making progress. According to the Associated Press, there have been numerous signs that NY is moving in the right direction -including examples such as: Google and Facebook increasing their presence [Full Story…]

NY’s Selectable Media Receives $2M in Series A

NY's Selectable Media Receives $2M in Series A

NY based Selectable Media announced it received $2 million in Series A funding from Avalon Ventures. The startup’s technology is popular with game publishers because it allows users to level up in exchange for watching ads. Selectable Media already has several clients, including Samsung, HBO, NBC, [Full Story…]