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Tech Cocktail NYC

BuzzFeed Supposedly Raising $200M Round


VentureBeat reported that BuzzFeed may be raising a $200 million round of funding. It’s speculated that existing investors NEA, Lerer Ventures, RRE Ventures, Hearst Ventures, and SV Angel may participate in the round. According to VentureBeat‘s source, $200 million isn’t an exact amount, but rather a median figure. To date, the rapidly expanding producer of long-form journalism,… Read more »

Grand Central Tech Accelerator Begins First Session with Inaugural Class


Last week, NYC’s Grand Central Tech - an accelerator offering startups with free rent for zero equity – announced its inaugural class of companies. For an entire year, the 16 selected startups will work out of the 15,000-square-foot Midtown space formerly occupied by Facebook, and will gain mentoring from successful entrepreneurs and industry leaders, as well as… Read more »

The Craziness of Online Dating

online dating

Online dating has never been more popular. In fact, according to a study done in 2013 by Pew Research Center, 10% of Americans aged 18-24 have used online dating sites or apps. It would not be surprising if that number were significantly higher today. The overwhelming number of apps being released on a daily basis… Read more »

Clickhole, The Onion’s BuzzFeed Parody Site Launched Today


Huzzah! For those of you tired of seeing your Facebook newsfeed devolve further everyday into a mindless time vortex of various UpWorthy and BuzzFeed articles, The Onion has finally launched their anticipated parody website, Clickhole. We first reported on Clickhole last month, and have since been awaiting its launch, with the hope of informing our… Read more »

ISEBOX: The Super Charged Dropbox


Most mornings I wake up to an inbox absolutely flooded with emails from PR agencies packed full of videos, photos, and pitches. When I was introduced to Joe Witte, VP of Business Development and Marketing at ISEBOX, I knew that I wasn’t the only person who thought it was an issue. ISEBOX, pronounced ‘ice box’, is… Read more »

NYC’s Bindo Raises $1.8M Seed Round Led by Gary Vaynerchuck


Bindo, a NYC-based retail startup that offers a Cloud-based checkout system and tools to simply the way merchants manage inventory and customer relationships, announced yesterday that it has raised $1.8 million in seed funding. The round was co-led by Gary Vaynerchuck, Metamorphic Ventures, and East Ventures. According to The Wall Street Journal, Bindo plans to… Read more »

Handybook Raises $30M in Series B Led by Revolution Growth


It was announced this morning that NYC-based Handybook has raised $30 million in a Series B round of funding. The round was led by Revolution Growth, a $450 fund co-founded by Steve Case, Ted Leonsis, and Donn Davis. Other participants in this recent round of fundraising include current investors Highland Capital Partners and General Catalyst… Read more »

Medyear’s Documentary on HIV/AIDS in Africa Highlights Software’s Ability to Affect Social Change


On Monday, NYC-based startup Medyear released a short documentary on the social stigmatization of HIV/AIDS in South Africa, and how mere access to privacy tools can significantly improve the treatment of those dealing with the virus. Aside from highlighting the social impact that startups can continue to make on a global scale, the documentary is also revealing… Read more »

Entrepreneurs Roundtable Accelerator Kicks Off Its Summer 2014 Class This Week

ERA summer class

This Monday, Entrepreneurs Roundtable Accelerator (ERA) officially announced its 7th class. ERA is a New York-focused accelerator and has graduated 60 companies since 2011.  This summer’s class has an eclectic mix of consumer and B2B startups, with a lot of focus on some interesting yet underserved verticals, such as trucking, fashion, and hotel management. The… Read more »

Giphy Raises $2.4 Million Series A for Its GIF Search Engine


Last week, NYC-based Giphy raised a $2.4 million Series A round of funding, as reported by Strictly VC. According to a post published on the company’s blog, the round was led by Betaworks, with participation from Lerer Ventures, RRE Ventures, and CAA Ventures. “It’s been a little over a year since we launched Giphy, and since then we’ve been… Read more »

Shark Tank Investor Barbara Corcoran Starts An AngelList Syndicate


Barbara Corcoran, the famous Shark Tank investor, has officially started her own AngelList Syndicate called Barbara Corcoran Venture Partners. They have announced that they will syndicate all of their deals outside the ones that Corcoran funds on Shark Tank. For those of you who might be unaware of the finer points of syndicates, you should know… Read more »

The Onion to Launch a BuzzFeed / Upworthy Parody Site


The Onion is taking news parody to a new level, and it’s thanking BuzzFeed and Upworthy for the inspiration. Yes, the brilliant minds responsible for such critically-acclaimed journalistic pieces like “It Only Tuesday” and “Thousands of Girls Match Description of Missing Sorority Sister” will launch this upcoming June – a parody site that reflects the transformative nature of media in the new age…. Read more »

5 Things to Know About NYC’s Grand Central Tech Accelerator


On May 1st – exactly one week from today – NYC’s Grand Central Tech Accelerator will close its application process for startups. If you haven’t applied yet or don’t even know what makes the accelerator unique, then consider this: Do you want to work out of Facebook’s former headquarters in Midtown rent-free for a year,… Read more »