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Home AlleyTalk #NYCTech

#NYCtech Week in Review: 11/25/18-12/1/18

AlleyWatch by AlleyWatch
#NYCtech Week in Review: 11/25/18-12/1/18
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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 ending 12/1 including the NYC startup fundings, NYC startup exits, and NYC Tech events including news for quip, Clyde, Bustle, Mic, and much more…

USE THE ARROWS BELOW TO NAVIGATE


Nominations are now open for AlleyWatch’s 2019 NYC Tech Influencers feature.

Know someone amazing who belongs on this list? Nominate them today here. Nominations open until 12/15. Looking to drive targeted response from the NYC Tech community at scale, learn more about partnering with AlleyWatch on this initiative here.


Direct-to-consumer oral health care company quip has raised an additional ~$20M in equity funding bringing its total equity funding to $~32.2M. quip was founded by Bill May and Simon Enever in 2014. The approximations are necessary here because apparently, the company does not wish to disclose the exact breakdown of this funding which included a mix of equity and debt and was said to be ~50/50 on a $40M announcement. One day, founders and their PR firms will not choose to mislead the public by commingling debt and equity but until then, we’ll all have to stick to approximations.


Nominations are now open for AlleyWatch’s 2019 NYC Tech Influencers feature.

Know someone amazing who belongs on this list? Nominate them today here. Nominations open until 12/15. Looking to drive targeted response from the NYC Tech community at scale, learn more about partnering with AlleyWatch on this initiative here.


Nominations are now open for AlleyWatch’s 2019 NYC Tech Influencers feature. Know someone amazing who belongs on this list? Nominate them today here. Nominations open until 12/15.

Looking to drive targeted response from the NYC Tech community at scale, learn more about partnering with AlleyWatch on this initiative here.


 

Aquant, the enterprise solution that uses AI to detect and predict problems with equipment, has raised $10M in Series A funding from investors that include Lightspeed Venture Partners, World Trade Ventures (WTV), Silvertech Ventures, and Angular Ventures. Founded by Assaf Melochna and Shahar Chen in 2016, Aquant has now raised a total of $12.6M over two rounds.


Nominations are now open for AlleyWatch’s 2019 NYC Tech Influencers feature.

Know someone amazing who belongs on this list? Nominate them today here. Nominations open until 12/15. Looking to drive targeted response from the NYC Tech community at scale, learn more about partnering with AlleyWatch on this initiative here.


To find out more about how AI and machine learning technologies are transforming the banking industry, visit the AI & Big Data for Banking Summit, part of DATAx New York, on December 12–13, 2018


 

Clyde, the provider of turnkey extended warranty solutions for retailers, has raised an additional $3M in funding led by Red Sea Ventures with participation from RRE, Expa, Starting Line, and Rainfall Ventures. Clyde was founded by Brandon Gell, Josh Scaglione, and Nick Scaglione in the fall of 2017 and is a 2018 participant in Techstars Chicago.


Nominations are now open for AlleyWatch’s 2019 NYC Tech Influencers feature.

Know someone amazing who belongs on this list? Nominate them today here. Nominations open until 12/15. Looking to drive targeted response from the NYC Tech community at scale, learn more about partnering with AlleyWatch on this initiative here.


Mic, the politically-focused media platform for millennials has been acquired by Bustle Digital Group for approximately $5M. Full coverage: Bustle Digital Group Acquires Mic for ~$5M in a Fire Sale to Move into the Political Sphere


 

According to a recent SEC filing, Flash Equity has raised $750K in funding from five investors. The filing indicates that the total offering amount is for $2M. The filing lists Andrew Perlman (serial entrepreneur) and Matthew Sechrest (former Head of Corporate Development at eTrade) as Directors and Executives.


Nominations are now open for AlleyWatch’s 2019 NYC Tech Influencers feature.

Know someone amazing who belongs on this list? Nominate them today here. Nominations open until 12/15. Looking to drive targeted response from the NYC Tech community at scale, learn more about partnering with AlleyWatch on this initiative here.


 

According to a recent SEC filing, BlockDrop, the legal tech documentation platform for the blockchain industry, has raised $355K in funding in what appears to be a convertible note. BlockDrop was founded by Jeffrey Knight in 2018.


Nominations are now open for AlleyWatch’s 2019 NYC Tech Influencers feature.

Know someone amazing who belongs on this list? Nominate them today here. Nominations open until 12/15. Looking to drive targeted response from the NYC Tech community at scale, learn more about partnering with AlleyWatch on this initiative here.

Tags: Andrew PerlmanAngular VenturesAquantBarry DillerBlockDropDiane von FurstenbergExpaFlash EquityGaw Capital PartnersLightspeed Venture PartnersMatthew SechrestquipRainfall VenturesRRESilverTech VenturesStarting LineWorld Trade Ventures
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