November 19, 2009
One of our new plans here at TECH cocktail is to provide really quality content to all of our readers on a daily basis. Besides the normal bits of news and content we publish, we also want to give you specialized news from various areas. One of those areas is startups, since it is such a vital aspect to our mission here. With that being said we will be doing a startup tip, trick, news in a variety of areas every Wednesday titled appropriately …. wait for it … Startup Wednesdays.
This week I saw a very interesting post over at Techcrunch about how well startups have been doing recently in regards to not only raising money but also creating jobs. Obviously we all are well aware at the crisis that have been facing our economy lately, with many companies going out of business and many others laying off large numbers of employees and cutting jobs to create an unemployment rate that has not been seen i decades. However, I can say that not a day goes by that I don’t notice post after post reporting rounds of financing being raised by this company or that one. This Techcrunch post did a great job of tying it all together.
Evernote, an information capturing service provider, recently closed a $10 million round while personal TV service Sezmi has been able to add another $25 million to its already sizable war chest. In addition, mobile advertising network operator Millennial Media scored $16 million in Series C funding. And, as we’ve already covered, Outright has raised $5 million in venture capital from Sequoia and other VC firms.
Thats a lot of money, $56 million to be exact. It may not be the billions that we hear being bantered about when talking about the economy as a whole but on a certain scale, it is a lot of money. And along with that money, these smaller companies are creating a good amount of jobs.
StartUpHire, one of the many job boards / search engines focused on startups, says it currently lists nearly 11,000 jobs that are available at more than 2,500 companies across a variety of industries, states, and functions
This is a great service that is being done for the country by these small companies. They are the lifeline of our economy. So fear not, we are here to help. At our events our goal is to showcase these great small up and coming companies. Who knows, one of them might be the next Google. We are proud to introduce them to you and allow them to come out of the shadows and meet the world head on. Make sure you continue to support them.
Do you know of a hot startup ? We want to help promote them. Simply send us an email at [email protected] and we will make sure to check them out.
See you at the next TECH cocktail right ?
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