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Tech Cocktail

Reddit to Give 2014 Ad Revenue to User-Voted Charities

Reddit charitable giving

Last year reddit took a firm stance on advertising, stating that they would be committing 10 percent of their 2014 ad revenue to ten different charities, voted on by the entire reddit community. Part of the reason reddit decided to do this is because they want to show that the ad revenue for reddit doesn’t… Read more »

Scout Ventures Announces Strategic Investment in Rokk3r Labs


New York-based Scout Ventures, a venture capital firm that focuses on early-stage investments, announced today that it will be partnering with Rokk3r Labs, a Miami-based platform to cobuild and launch companies. The venture capital firm has made a strategic investment in the company and will become a Rokk3r Labs Venture Partner. “With a dynamic model that provides specialized… Read more »

Porch Raises $65M, Brings Total Funding to $100M

mortgage lending sindeo

Designed as a home network for homeowners and home professionals, Porch recently announced that they have successfully raised a Series B funding round totaling $65 million. The main investments were from Valor Equity Partners, Lowe’s Companies, Founders Fund, Battery Ventures, Panorama Point Partners, Capricorn Investment Group, and home improvement expert Ty Pennington. Porch has only… Read more »

FilterEasy Raises $1.2M Seed Funding


Raleigh-based Startup FilterEasy announced today that it has raised $1.2 million of seed round investment, lead by Azure Capital, RTP Capital, and alongside a handful of Angel investors. FilterEasy is a member-based air filter subscription service for homeowners, which has an immediate impact on the air quality and energy savings inside a home. How it works… Read more »

Eighth-Grader Builds Affordable Braille Printer Startup


13-year-old Shubham Banerjee is launching his own startup that helps the visually impaired, called Braigo Labs. Not many people can say that their school project is worthy of becoming a business, or even able to raise money, but the California eighth-grader did that exactly. He developed a low-cost machine to print Braille, the tactile writing system… Read more »

Under-Desk Hammock for Your Feet Killing It on Kickstarter


We’ve said it before: sitting all day in your desk is killing you. We are sitting for much longer today than we did a generation ago. There are ways you can design your desk to help your posture and improve your circulation even if you’re sitting for most of the day. Working with your feet… Read more »

SF, Beijing Have Highest Concentration of Billion-Dollar Startups

San Francisco, Beijing Have Highest Concentration of Billion-Dollar Startups

While it’s undeniable that a good bulk of billion-dollar startups come out of Silicon Valley, it seems that the majority of these billion-dollar valuations actually come from cities elsewhere. According to recent data presented on data visualization platform, of the 156 Internet and software startups that have met this billion-dollar bar, 63 percent come… Read more »

Why Scout Ventures Invested in LiveNinja First

LiveNinja Will Weinraub

Scout Ventures, a New York-based venture capital firm, announced that they invested in Miami-based startup LiveNinja. This is Scout Ventures’ first announcement in South Florida, an important move since they opened an additional office in Miami in September. LiveNinja did not disclose the amount of money they raised in this round, which included the participation… Read more »

VenVelo Raises $1.3M to Invest In Florida Startups


Winter Park-based venVelo announced that it had closed its latest funding round of $1.3 million. The early-stage venture fund is one of the most active in central Florida with a portfolio that includes companies from all over Florida. They include: FlexReceipts, GENICON, Kairos, mCast Networks, Spectrum Bridge, Splyt, Thrive Ice Cream, Vigilant Biosciences, and Zentila. “The confidence of… Read more »

Smarter Home Startup Sense Labs, Inc Raises $2.5M in Funding


Cambridge-based startup Sense Labs has raised $2.5 million in equity funding, according to a recent regulatory filing. The company builds devices that analyzes the electrical use in your home that can be monitored on your smartphone. This announcement comes just in time for CES 2015, where consumers will be shown various smart home and internet of things breakthroughs…. Read more »

Fuhu: Lessons From 2014’s Fastest-Growing Company


Fuhu, the company that created Nabi, an Android tablet for kids and an Adobe Air application that allows children to access the Internet in a parent-controlled environment, is growing fast. Based in El Segundo, California, Fuhu was created in 2008 and in the last 3 years has grown 158,957%. It made $195.6m in revenue during that time. According to… Read more »

The LinkedIn for Real Estate Professionals, RealConnex, Raises $3.5M in Series A Funding


Miami-based startup RealConnex announced today that it has raised $3.5 million Series A financing round led by Star Capital. RealConnex connects the real estate ecosystem in one online platform, so professionals in the industry can have access to each other and scope out opportunities, in real time. According to The Starting Gate, the new funding will be used… Read more »