New-York based Pipeline Fund Fellowship (PFF) which trains women philanthropists to become angel investors is hosting its first annual conference this Saturday, April 30th with the goal of increasing the number of women who become investors or entrepreneurs. “I launched the Pipeline Fund Fellowship for two reasons: to diversify the investor pool and to create a…
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In it’s second year, the Chicago startup accelerator Excelerate Labs has just announced its new class. The program runs from June to September and offers $15K to $20K in funding and mentorship throughout the summer months. Last year, Excelerate Labs launched ten startups as we previously covered on demo day. In the six months since…
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Mediastay, a specialist in the monetization of online games, has secured a Series B financing round to fuel its growth and support its international development. The company, founded by high school students back in 2000, is now a leading player in monetizing online and social games. Mediastay has a user base of 25+ million members…
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Today announcements were made that both Chicago-based Local Offer Network and Austin-based GameSalad, both of whom have participated in Tech Cocktail events in the past, have received funding. We are happy to see the continued success of these two companies. Local Offer Network, who we have previously covered, aggregates more than 1,500 group buying offers…
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Google recently announced the launch of Umbono, a business incubator based in Cape Town, South Africa. The Umbono program lasts for 6 months and provides a full range of the critical resources young companies need to move forward. Entrepreneurs accepted into the program can expect seed capital funding between $25,000 and $50,000, the use of…
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eBay, Etsy and Amazon have been the catalysts for millions of successful online businesses. In 2009, online sales accounted for 6% of all retail sales, and Forrester projects this number to rise to $250 billion by 2014, representing 8% of all retail sales. Yet these online sellers face a unique funding dilemma when they are…
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Tongue scrapers have been used since ancient times, designed to clean off the bacterial build-up, food debris, fungi and dead cells from the surface of the tongue. They have been promoted mostly by dental hygienists but not every dentist’s office promotes the tongue scraper the same way they remind you to brush and floss religiously….
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In the shadows of a Microsoft and Nokia partnership which some think caught Intel off guard in their own alliance with Nokia, Intel Capital announced investments in six mobile companies totaling $26 Million at Mobile World Congress in Barcelona. The investments focus on driving innovation in mobile hardware, software and apps ecosystems. The six companies…
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Chicago-based GiveForward, a startup we showcased at mixers in Chicago last May and November, has just closed on a $500,000 round of funding. GiveForward provides free, personalized web pages for people looking to raise money for out-of-pocket medical expenses. This round of funding will be used to build the GiveForward team and establish relationships with…
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Pandora Media Inc. announced late last week that they will issue an IPO this year to raise $100 million to grow their business. Now that MP3 players and satellite radio have changed the way we consume music, we had to ask: What does the growth of Internet radio mean for music? Though Pandora hasn’t mentioned…
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In an up year of venture capital investing, the fourth quarter of 2010 was a downer. This was particularly true in DC, where venture capitalists (VCs) invested $143 million dollars in 23 companies. That compares to Q3 2010 where $260 million was invested in 33 companies. Feeling bad about that? Let me make it worse….
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With malware one of the fastest-growing and most disruptive threats on the Internet, Google Ventures has joined previous investors Benhamou Global Ventures, Floodgate and Radar Partners in funding anti-malware provider Dasient Inc. This new round of funding will allow Dasient to expand their research and development team, which already developed the market’s leading web malware…
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Great news for business travelers! Aircell, the leading provider of inflight wi-fi, just secured $35 million in funding to expand service on commercial and private flights. Aircell’s broadband network is currently installed on all AirTran Airways, Virgin America and mainline Delta Air Lines flights and on some flights operated by Air Canada, Alaska Airlines, American…
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VC investment in 2010 increased over the prior year for the first time since 2007 according to a numbers released by the NVCA and the PWC MoneyTree survey. Looking at the results begs the question; have we hit bottom or is this just a dead cat bounce? VCs invested $21.8 billion, an increase of 19%…
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Long time Tech Cocktail friend and supporter Micah Baldwin has been busy – running a company and raising money. Baldwin is CEO of Boulder-based startup, Graphic.ly, a digital comic book hub where fans can get the latest and greatest while connecting and sharing with others. The site has over 150 publishers and creators with over…
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On Friday we published part 1 of this article, focusing on various ways to leverage your own cash and credit for your new venture. In today’s post, guest author Michelle Hoffman covers opportunities to fund your business with other people’s money. Other People’s Money – Background Basics Before seeking the money of others, it’s important…
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