With so much going on in the city’s thriving ecosystem, it is easy to miss some of the happenings in the space. We keep you abreast of a few of things that you may have missed in NYC Tech News for the week of 7/22/18 to 7/28/18 including the NYC startup fundings, NYC startup exits, and NYC Tech events.
Fitness booking engine ClassPass has raised $85M in Series D funding led by Temasek with participation from L Catterton’s Growth Fund. Founded by Mary Biggins, Payal Kadakia, and Sanjiv Sanghavi in 2013, ClassPass has now raised a total of $239M in funding over seven funding rounds.
BlockFi, the lending platform that uses crypto as collateral founded by Zac Prince in August of 2017, has raised an additional $52.5M in funding led by Galaxy Investment Partners.
Digital learning platform Skillshare has raised $20M in Series C funding from investors that include Union Square Ventures, Amasia, Burda Principal Investments, and Spero Ventures. Founded by Malcolm Ong and Michael Karnjanaprakorn in 2010, Skillshare has now raised a total of $42.8M in equity funding over six rounds.
Full coverage of Skillshare’s Series C funding.
GroundTruth, the location technology company for advertisers founded by Chandra Kholia, Craig Hagopian, Dipanshu Sharma, and Sunil Kumar, has raised an additional $18M in funding. The company was previously known as xAd. This funding brings the total raised for GroundTruth to $134.5M since its founding in 2009.
For our Inside the Mind of an NYC VC, a highly acclaimed series at AlleyWatch in which we speak with New York City-based Venture Capitalists, we sat down with Jeffrey Berman, General Partner at Camber Creek, a real estate technology-focused early-stage venture fund.
Full coverage: Inside the Mind of a NYC VC: Jeffrey Berman of Camber Creek
Digital security operations platform Siemplify has raised $14M in Series B funding from investors that include 83North, Jump Capital, and G20 Ventures. Founded by Alon Cohen, Amos Stern, and Garry Fatakhov in 2015, Siemplify has now raised a total of $28M in funding over five rounds.
No-fee ticket marketplace TickPick has acquired a significant portion of the assets of Rukkus, the ticket inventory aggregator focused on live entertainment. Terms of the transaction were not disclosed.
Full coverage: TickPick Acquires Ticketing Search Aggregator Rukkus
Employee performance management platform Impraise has raised $10.6M in Series A funding led by Keen Venture Partners. Founded in 2014 by Arnaud Camus, Bas Kohnke, Filipe Dobreira, and Steffen Maier, Impraise has now raised a total of $12.3M in reported funding over three funding rounds.
Chartbeat, the analytics platform for publishers, has raised an additional $7M in funding from investors that include DFJ, Index Ventures, Betaworks, Harmony Partners, and North Atlantic Capital. Founded by Billy Chasen in 2009, Charbeat has raised a total of $39.1M in funding over six funding rounds.
For our NYC Tech Voices series, a series in which the NYC Tech community can get free exposure to the millions in the AlleyWatch audience, we chatted with 11 NYC tech professionals on best practices and tips for navigating the startup hiring environment in New York.
Read what they had to say: These 11 NYC Entrepreneurs Share Their Best Hiring Tips
According to a recent SEC filing, Elementus, the protocol to standardize blockchain founded by Max Galka in 2017, has raised $610K in funding. The filing indicates that there were 10 participants in the round.
According to a recent SEC filing, Shelfmint has raised $532K in the first tranche of a $2M offering. The filing indicates that there were 3 participants in this initial close. Shelfmint was founded by Ari Kassman in 2015 and has built a platform that connects retailers to product manufacturers through its technology in the food and beverage distribution space. The company has previously raised $1.8M in funding.