Today, New York venture capital makes its way across the pond, as FirstMark Capital leads a $6 million series B equity fundraising round for OpenGamma, a London-based financial technology firm that provides users with an open-source analytics and risk-management platform.
FirstMark also netted a board seat in the deal. The firm’s founder and Read More
Milewise, a stealth-mode New York startup that, per Business Insider, aims to help consumers with their airline miles, has raised $1.5 million in debt and other financing, according to a filing with the Securities and Exchange Commission.
Listed on the form are co-founders Sanjay Kothari (formerly of Boston Consulting) and Vinay Read More
Venture capital had another rough year in 2010, as industry fundraising shrank 14 percent to $11.6 billion, compared with 13.5 billion in 2009 and $40 billion in 2007, according to Dow Jones (via TechCrunch). The broader private equity industry also had a tough year, raising 16 percent less than in 2009. Read More
Hearst Interactive Media, the publishing empire’s digital investment wing, is leading the charge on a $3 million Series A capital raise for New York-based gated group-deal site VillageVines. GrandBanks Capital and High Peaks Venture Partners are also in on the deal.
VillageVines.com, which tantalizes users with a photograph of a mood-lit white tablecloth Read More
Union Square Ventures is heading up an $8 million funding round for digital audio advertising company TargetSpot, the company announced today.
Launched in 2007, TargetSpot aims to help advertisers target specific listeners on internet radio. The company has inked deals with Oprah Winfrey’s Harpo Radio, CBS Radio, Tribune Broadcasting and Emmis Read More
Foodspotting, a startup with New York Offices that helps users communicate about their favorite restaurant dishes, today announced that it has raised $3 million in Series A funding from BlueRun Ventures.
The company, co-founded by Alexa Andrzejewski, Ted Grubb and New York Times alumna Soraya Darabi, provides a platform for people to photograph their Read More
Klout, the start-up that tasks itself with quantifying online users’ social-media influence, announced today that it has raised $8.5 million in a round spearheaded by Kleiner Perkins, which has previously provided funding to giants like Google and Amazon.
But it’s not just the West Coast powerhouse that’s participating; New York investment firm Penny Read More
Crowdsourced-knowledge seekers will look Jimmy Wales in the eye every day until they are ready to fork over the $16 million dollars it takes to run the fifth most popular website in the world, says the Wikimedia Foundation.
They’ve chosen to assault visitors with photos of the Wikipedia founder because the Personal Appeal banner ads Read More
Earlier, we posted about a release that the Rice campaign sent out touting how they had raised more money from small donors than any other campaign.
The campaign-finance gurus over at NYPIRG however have run their numbers and they say that Rice’s methodology is flawed. Campaigns do not have to itemize how much they Read More
Harry Wilson is out with a fundraising email entitled “Back To School” that cites two tabloid stories that question Democratic Comptroller Tom DiNapoli’s financial acumen.
In the first, The Post tries to revive a pop quiz that they sprung on DiNapoli three days after he was named to the office by his Assembly Read More