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Tech Cocktail DC

Is RideScout Necessary for Developing Smart Cities?

RideScout

RideScout has had a really good week. The DC-based startup, which aims to make ground transportation smarter and easier for people, offers a free mobile application that aggregates real-time data on all the available public, private, and social modes of ground transportation for users, giving them access to the cheapest or shortest travel options. In the… Read more »



The 1776 Challenge Festival is Coming to DC

challengefest

We’ve been following the 1776 Challenge Cup Tour over the last few months as they look for the world’s most promising startups that tackle global challenges in education, energy, healthcare, and cities. Today 1776 announced what they’ll be doing for the culmination of their event: The Challenge Festival. The Challenge Festival will be held from… Read more »


SmartThings’s Alex Hawkinson: 5 Key Tips for Running a Successful Crowdfunding Campaign

alexHawkinson_successfulcrowdfunding

Last week, Startup Grind DC held a fireside chat event at nclud with SmartThings CEO and co-founder Alex Hawkinson. Aside from talking about his hopes for the DC tech scene and praising the area’s vast resources that encourage tech startup growth, Hawkinson spent some time speaking to the audience about his philosophy when it comes to startup capital and what… Read more »


Allen Gannett Closes Huge Series A Round for TrackMaven

trackmaven-1

TrackMaven, under the leadership of  CEO and founder Allen Gannett, today announced a successful $6.5 million Series A funding round. The funds came primarily from New Enterprise Associates (NEA), Bowery Capital, and Acceleprise Ventures. The majority of said funding will be going towards product growth, sales and marketing, and expanding to about 50 employees in… Read more »


Who Is DC’s Hottest Showcasing Startup? [POLL]

dcs hottest startup

Last year, a DC startup was chosen as the runner-up in the Hottest Startup in the Nation contest.  Who will breakthrough in 2014? In late February Tech Cocktail is headed back to the Nation’s Capital to showcase a fresh batch of sizzling hot DC-area startups.  Join us at 1776 to interact first hand with the dozen-ish early… Read more »


CoFoundersLab Acquires NY-Based Stealth Competitor Wonpy

wonpy_cofounderslab

TechCrunch reported yesterday that DC-based founder matchmaking startup CoFoundersLab has acquired one of their competitors, stealth New York-based Wonpy. As part of the deal, Wonpy co-founder Erick Brimen will come over to CoFoundersLab as COO & VP of Finance. Wonpy’s other co-founder Luis Pallares will not be making the jump to CoFoundersLab. CoFounderLab has definitely been seeing considerable… Read more »



Former Fortify Ventures GP Carla Valdes Launches Handpressions

handpressions

Carla Valdes co-founded Fortify Ventures where she sat as a General Partner, managed their Distilled Intelligence (DI) event, and supported a portfolio of over 30 companies. Tomorrow she will be setting out on a different path with the launch of her new app, available for iOS, Handpressions; this marks Valdes’ first foray into the world… Read more »


DC’s SocialRadar Launches Its Mobile App for iOS

social_radar

This morning, SocialRadar released its long-anticipated mobile app for iOS. SocialRadar is a DC-based startup led by Michael Chasen, which raised a $12.75 million Series A round last June. Utilizing social networks with geo-location data (including Facebook, Twitter, LinkedIn, Foursquare, and Google+), the SocialRadar app enables users to discover whether someone within their network is nearby and provides information… Read more »



Jonathon Perrelli Tells All About Fortify’s Closing of The Fort

fortify_ventures

Following the fall 2011 pitch competition, Distilled Intelligence 1.0 (DI 1.0), Fortify Ventures conceived of an idea to open a tech startup accelerator, The Fort, in Washington, D.C. The doors to The Fort were officially opened in January 2012 and they welcomed an inaugural class of 12 relatively unknown startups. Among these first companies were… Read more »




Trove Pivots Successfully, Launches New App

trove

When the Washington Post was sold to Jeff Bezos, Wa Po Labs stayed behind. The once research and development arm of The Washington Post now operates under the banner of The Graham Holdings Company, and today they released their reinvented product Trove. This iPad and iPhone app launched alongside a redesigned website is the immediate… Read more »


True Ventures General Partner John Burke Transitions to Venture Partner For Their Fourth Fund

trueventures

Fortune Senior Editor Dan Primack recently reported that True Ventures is raising their fourth fund at around $225M in capital. In the new fund, Washington, DC-based John Burke will apparently transition from General Partner to a Venture Partner. John has made investments in DC-based startups Spree Commerce and Always Prepped, along with Baltimore-based 410 Labs.