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Home AlleyTalk #NYCTech

#NYCtech Week in Review: 2/11/18 – 2/17/18

AlleyWatch by AlleyWatch
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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 this week including the fundings, exits, and events.

CLICK HERE TO SEE WHAT HAPPENED IN NYC TECH LAST WEEK


Have notable company news that you would like included in The NYC Tech Week in Review? Send all pertinent details to WIR@alleywatch.com.


Overtime, the Brooklyn-based digital network for sports fans, has raised $9.5M in Series A funding from investors that include Andreessen Horowitz, Greycroft, BoxGroup, Correlation Ventures, 645 Ventures, Afore Capital, Chaac Ventures, David Stern, Kevin Durant, Fitz Gate Ventures, TACK Ventures, Jordan Levy, Alpha, Imagination Capital, Michael Spirito, Rich Kleiman, and Geoff Yang. This brings the total funding raised to $12M over two rounds for the startup founded by Dan Porter in 2016.

 


Flatiron Health, the leading cancer research platform and oncology software, has been acquired by Swiss pharmaceutical giant, Roche for $1.9B, marking the largest NYC tech acquisition in history. Full coverage here – MEGA NYC Deal: Flatiron Health Acquired by Roche for $1.9B



Payfone, the identification and verification platform that uses mobile to confirm identity, has raised an additional $23M in funding from investors that include MassMutual Ventures, Institutional Investor, Jonathan Weiner, Synchrony Financial, Andrew Prozes,and Anil Aggarwal. Founded by Mike Brody and Rodger Desai in 2008, the company has now raised a total of $93.6M in funding over six funding rounds.

 


Viyet, the marketplace for vintage and antique furniture, has been acquired by Sotheby’s, the brokers for fine art, jewelery, antiques, real estate, and collectibles. The terms of the acquisition were not disclosed.

 


Unacast, the location data platform, has raised $17.5M in Series B funding from investors that include White Star Capital, Investinor, OpenOcean, and Teli. Founded by Kjartan Slette and Thomas Walle Jensen in 2014, Unacast has now raised a total of $24.1M in funding across three funding rounds.

 


Consumer finance app Stash has raised $37.5M in Series D funding from investors that include Union Square Ventures, Entree Capital, Valar Ventures, Breyer Capital, Coatue Management, and Goodwater Capital. Founded by Brandon Krieg, David Ronick, and Edward Robinson in 2015, Stash has now raised a total of $116.3M in funding over six funding rounds.

 


BayBridgeDigital, the company driving digital transformation, has raised $6M in a Series A round funding from Forepont Capital Partners for the company’s first round of funding.

 


According to a recent SEC filing Primary, the online destination for children’s clothing founded by Diapers.com vets Christina Carbonell and Galyn Bernard in 2015, has raised $19.8M in funding.

 


Livelike the sports-focused VR, AR, and MR platform for live viewing, has raised $9.6M in funding from investors that include Lepe Partners and Greycroft Partners. Founded by Andre Lorenceau, Fabrice Lorenceau, Jérémie Lasnier, Miheer Walavalkar, and Saswat Panda in 2015, the company has now raised a total of $23.1M in funding over six funding rounds.

 


BlockFi Lending, the lending platform that allows borrowers to pledge cryptocurrency as collateral for leans founded by Zac Prince in 2017, has raised $1.6M in funding from investors that include PJC, Kinetic Capital, SoFi, Purple Arch Ventures, ConsenSys Ventures, and Lumenary.

 


According to a recent SEC filing, SeamlessDocs, the platform for digitizing documents for government entities founded by Chachi Camejo and Jonathon Ende in 2011, has raised an additional $7M in Series B funding. This round brings the total funding raised to $23.65M over eight rounds.

 


According to a recent SEC filing, Lumiode, the microdisplay semiconductor technology startup for use in AR and other display applications, has raised $5.97M in funding.

 


DailyPay, the platform for employees to provide flexible payments to workers, has raised $9M in Series B funding from investors that include Frontier Venture Capital, RPM Ventures, Inspiration Ventures, and Intercept Ventures. Founded by Jason Lee and Robert Law in 2015, DailyPay has now raised a total of $15.5M in funding over three rounds.

 


Consumer shaving subscription startup Harry’s has raised $112M in funding in a round that includes Temasek Holdings and Alliance Consumer Growth as anchor investors. Founded by Andy Katz-Mayfield and Jeffrey Raider in 2011, Harry’s has now raised a total of $474.6M in total funding over nine funding rounds. We previously reported that the company had raised $63M in the fall. This appears to be an extension of that round.

 


Transparency Life Sciences, the clinical development service company that uses crowdsourcing for drug development, has raised $5M in Series A funding from investors that include New Ventures III. This is the first reported round of funding for the company founded by Marc Foster and Tomasz Sablinski in 2012.

 


According to a recent SEC filing, Alpha, the UX testing platform founded by Michael Bamberger, Nis Frome, and Thor Ernstsson in 2014, has raised $8.25M in additional funding. Investors in previous rounds include Crosslink Capital, Transmedia Capital, Spider Capital, Philippe Suchet, and Cendana Capital. This brings the total funding for Alpha to $12.825M over four funding rounds.

Tags: 645 VenturesAfore CapitalAlliance Consumer GrowthAlphaAndreessen HorowitzAndrew ProzesAnil AggarwalBayBridgeDigitalBlockFiBoxGroupBreyer CapitalChaac VenturesCoatue ManagementConsenSys VenturesCorrelation VenturesDailyPayDavid SternEntree CapitalFitz Gate VenturesForepont Capital PartnersFrontier Venture CapitalGeoff YangGoodwater CapitalGreycroftHarry'sImagination CapitalInspiration VenturesInstitutional InvestorIntercept VenturesInvestinorJonathan WeinerJordan LevyKevin DurantKinetic CapitalLivelikeLumenaryLumiodeMassMutual VenturesMichael SpiritoNew Ventures IIIOpenOceanOvertimePayfonePJCPrimaryPurple Arch VenturesRich KleimanRPM VenturesSeamlessDocsSoFiStashSynchrony FinancialTACK VenturesTeliTemasek HoldingsTransparency Life SciencesUnacastUnion Square VenturesValar VenturesWhite Star Capital
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