The goal of edge network computing is to bring computations away from data centers, moving closer to where requests are made, reducing latency as well as improving transfer rates and response times in the process. Despite these obvious benefits, building infrastructure to support edge native computing requires custom builds and becomes expensively quickly. Mycelial is the platform that seamlessly connects applications, irrespective of where they are located – offline, online, edge, and cloud. Developers can easily access and write data across distributed applications without having to worry about setting up convoluted infrastructure and without permissioning issues. As we move towards building omnichannel experiences across a growing number of devices and apps, both internal and external, Mycelial is able to ensure everything is in sync with just a few clicks. The company just recently launched in private beta with plans for a generally available release soon. AlleyWatch caught up with Mycelial CEO and Cofounder Michael Tanenbaum to learn more about the genesis of the company, how Edge Native frameworks will power the future of innovation, the company’s recent funding round led by Crane Venture Partners, and much, much more.
The AlleyWatch Startup Daily Funding Report: 11/29/2021
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 11/29/2021 featuring funding details for GPARENCY and much more.
What Does Founder Success Feel Like?
I’m so busy being heads down trying to build my startup that I don’t even know what success would look and feel like. When a Founder is finally successful, where does that feeling of accomplishment come from, and do we even notice when it happens?
6 Ways to Expand Your Thinking to the Next Big Thing
Many of the startup investors I know are disappointed that so few of the startup ideas they see are really innovative or disruptive. Most of us are incremental or linear thinkers, and we miss the really big opportunities, like the next smartphone or space travel. That ability to “see around the next corner” seems to be […]
#NYCtech Week in Review: 11/21/21 – 11/27/21
Despite it being a holiday-shortened week there was still just shy of $1.2B invested into NYC startups last week. NYC Tech News for the week ending 11/27 featuring news for Updater, 3i, Verbit, and much, much more.
The Weekly Notable Startup Funding Report: 11/29/21
The Weekly Notable Startup Funding Report takes us on a trip across various ecosystems in the US, highlighting some of the notable funding activity in the various markets that we track. The notable startup funding rounds for the week ending 11/27/21 featuring funding details for Fuzzy, Render, Resilience, and twelve other rounds that you need to know about.
OpenWeb Raises Another $150M for its Online Conversation Platform for Publishers to Build Direct Relationships with their Audiences
There’s been a growing movement towards a cookie-less environment in digital advertising and the general trends towards restricting the use of consumer data are leaving digital marketers, brands, and publishers to re-evaluate their approaches in a privacy-driven environment. In this upheaval, first-party data and first-party relationships are moving to the forefront to shape the future of advertising, and consequently, publishing. Privacy-first, first-party data that is willingly shared by customers over time offers a distinct competitive advantage. OpenWeb is an online conversation platform that allows publishers to host social experiences without being reliant on social networks while building value first-party relationships with their audiences. Founded in 2012 as Spot.IM, OpenWeb works with 1000+ publishers, like News Corp., Hearst, and Yahoo, that represent 100M+ active monthly users in aggregate. AlleyWatch caught up with OpenWeb CEO and Cofounder Nadav Shoval to learn more about the company’s vision for the future of the web, expansion plans, and latest round of funding from investors that include Insight Partners, Georgian, Entree Capital, and Omer Cygler
The AlleyWatch Startup Daily Funding Report: 11/26/2021
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 11/26/2021 featuring funding details for Mosaic Foods, Sollis Health, and much more.
The Luupe Raises $3M For its Marketplace That Lets Brands Find Diverse Photographers
91% of markets believe there is still room for growth in showcasing diversity in their market materials. There’s been a seismic shift for brands to ensure that their values are reflective of the gender, racial, sexuality realities of today’s consumer population, which is now more diverse than ever before. The Luupe is a marketplace and professional community for brands to connect with and hire women and non-binary photographers. Founded by a former Shutterstock executive, the platform provides professional guidance to this segment of photographers that have traditionally been overlooked while handling the production and creative process for brands. Partners on the platform include Sweetgreen, Go Henry, Cha Cha Matcha, Dropbox, and Sierra Club. The Luupe is free for the photographers with brands paying for the services and licensing fees for the content that’s produced. AlleyWatch caught up with The Luupe CEO and Founder Keren Sachs to learn more about the inspiration for the business, the profound economic impact that the platform creates for diverse photographers, the company’s strategic plans, recent round of funding from investors that include Wave, Jenny Lefcourt, Tracy Kim, Jody Vandergriff, and Lee Torrens, an early employee at Canva.
The AlleyWatch Startup Daily Funding Report: 11/24/2021
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 11/24/2021 featuring funding details for Verbit, Vendorful, and much more.
Pronto Housing Raises $2.5M for its Platform that Manages Compliance for Affordable Housing Providers
The shortage of affordable housing is reaching crisis proportions across the country where many individuals are spending more than fifty percent of their income to secure housing. While new housing starts continue to increase, developers have traditionally opted to shy away from the affordable housing market and the associated regulatory requirements to focus on more lucrative opportunities. Pronto Housing is an end-to-end SaaS platform that manages the affordable housing compliance process, relieving property owners of the administrative responsibilities. By reducing the burden with technology, affordable housing projects become more economically viable, and in turn, this leads to an increase in the supply of affordable homes for those that are at risk of housing instability. By streamlining the process for property developers, they are able to take advantage of the many affordable housing development programs offered by the federal government and local government agencies. With Pronto, property owners can reduce the time spent on compliance by 5x. For residents, their annual certifications and application process is also optimized. The company, in beta, already works with a number of property owners that manage over 2000 units. AlleyWatch caught up with Pronto Housing CEO and Cofounder Christine Wendell to learn more about how technology can drive the creation of affordable housing, the company’s strategic plans, and recent round of funding from investors that include Wilshire Lane Partners, Nine Four Ventures, Essence Development, Jamar Adams, Lemor Development Group, and Sara Shank.