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 this week including the fundings, exits, and events.
Have notable company news that you would like included in The NYC Tech Week in Review? Send all pertinent details to WIR@alleywatch.com.
Poncho, the personalized weather app, has raised $2.4M in Seed funding from Lightspeed Venture Partners, marking the company’s second round of funding.
MongoDB, the next generation database program, has confidentially filed for its IPO according to several reports. Founded by Kevin Ryan, Dwight Merriman, and Eliot Horowitz in 2007, MongoDB has a total of $303.4M in funding across 9 rounds. The company is backed by Altimeter Capital, EMC, EquityZen, Fidelity Investments, Flybridge Capital Partners, Goldman Sachs, In-Q-Tel, Intel Capital, New Enterprise Associates, Red Hat, Salesforce Ventures, Sequoia Capital, T. Rowe Price, and Union Square Ventures.
In it’s last round of funding in 2015, the post money valuation was reported to be $1.6B. In May, Morgan Stanley and Goldman Sachs were selected to be bookrunners for the IPO.
IOpipe, the toolbox for developing and operating serverless applications, has raised $2.5M in Seed funding from Struck Capital, New Enterprise Associates, The New Economy Accelerator, Underscore VC and Madrona Venture Group. This marks the company’s first round of funding.
Happify Health, the destination for better emotional health & mindfulness solutions, has raised $9M in a round of Venture funding from TT Capital Partners. The company has raised $25.5M over their 7 rounds of funding.
Minibar Delivery, the company providing on-demand delivery of alcohol, has raised $5M in Seed funding led by Corigin Ventures with participation from Female Founders Fund, Great Oaks Venture Capital, RiverPark Ventures, LaunchCapital and Winklevoss Capital. Founders Lindsey Andrews and Lara Crystal have raised $6.8M over their 2 rounds of funding.
Huddle, the online video platform where people share issues with one another, has raised $1.2M in Seed funding from Thrive Capital marking the company’s first round of funding.
