GrubHub, a service that organizes restaurant menus and information to make ordering for delivery and takeout a breeze, announced today that it has closed $11 million in Series C funding from Benchmark Capital. To date the company has raised $14.1 million so this is by far the largest round of funding they have taken yet….
Read MoreCreating an exceptional mobile experience is becoming more important everyday as most of us are connected to our phones all the time. Chicago-based startup Red Foundry is looking to help create exceptional mobile experiences with ease and this week shared news that they just raised a $1.1 million round of funding from OCA Ventures and…
Read MoreThese guys can raise money even in a “down” economy. Congrats! From gigaom.com The fundraising crunch doesn’t seem to be hitting venture capital firm Andreessen Horowitz, which announced today that it has raised $650 million for a second fund, more than doubling the $300 million it raised 16 months ago Read more at gigaom.com
Read MoreHaving trouble getting in front of a Venture Capitalist to share your ideas? This past week, Bain Capital Ventures, a humongous fund that has backed such companies as LinkedIn, Staples, Doubleclick, Shopping.com and more has launched the Boston-based Bain Capital Ventures Innovation Center (BCVIC). The BCVIC initiative looks to provide early-stage entrepreneurs with help and…
Read MorePicking the right legal structure for your startup can save both money and hassle. The three structures most often mentioned are LLCs, Delaware S Corps, and Delaware C Corps. Deciding which structure to go with is dependent upon what your goals are. Venture Capitalists (VCs) will only invest in Delaware C Corps, but sometimes it…
Read MoreIn their lofty, bright office space in the West Loop of Chicago, I recently got a chance to visit Sandbox Industries, a Chicago-based venture firm since 2003 investing in businesses a number of different ways in the Midwest. While attending a community building “lunch with a friend” meetup, I got to meet members of the…
Read MoreStarting a company is hard enough as it is but one the biggest areas of confusion of entrepreneurs revolves around funding and venture capital. I hope to help calm some of your fears and anwser your questions. So let’s start with the basics so we have a foundation to work from when it come to…
Read MoreSeed funding programs have been popping up everywhere the last few years and we have worked with many of them from TechStars, LaunchBox Digital and DreamIt Ventures among others as we help amplify the local startups in those various communities. We are excited to connect with the latest seed funding program in our hometown of…
Read MoreThis past week entrepreneurs and VCs headed to Washington, D.C. to unite and rally support for the Startup Visa Act. The group met with a variety of federal representatives to brief them on the bill, including the White House, State Department, Commerce Department, DHS, SBA, and members of congress. The bill, introduced by Senators John…
Read MoreI have a Nokia N95 with a 5MP camera and a great Carl Zeiss lens but I cannot change the lens focus while shooting video so my videos can be blurry. I was excited to hear about LensVector, a Mountain View, California based start-up, is getting additional $50M funding from Institutional Venture Partners (IVP). IVP…
Read MoreThe Kauffman Foundation State of Entrepreneurship Address was presented by Kauffman President and CEO Carl Schramm at the National Press Club in Washington, DC today. I was on hand to see it live and the event was also streamed live on the Internet. I posted some photos here. Schramm assessed the outlook for entrepreneurship in…
Read MoreOneForty, the application directory for Twitter, which first sneak previewed its product at our third annual Tech Cocktail Boston mixer in early September secured about $1.2 Million more in funding this week. According to an SEC Filing earlier this week the total of just over $1.6 million raised so far is part of a round…
Read MoreIf you have a D.C. based startup or business idea you might want to enter yourself into the Washington, D.C. Economic Partnership’s PremierPlan Business Plan Competition. There have been a couple of recent updates to the competition details which include: First, the application deadline for the intent to apply application has been extended to April…
Read MoreIt is 2009, we’ve got a new president and we’ve got a new year of TECH cocktails starting up. We’re hoping to continue our mission this year of spreading TECH cocktail across the Midwest, the country and the world like jelly on toast (well, maybe not exactly like that since that could get messy). Perhaps…
Read MoreI just thought I would write up a post to make sure all of the Midwest entrepreneurs out there in TECH cocktail land knew about a great event coming up in March/April 2009. The event is called InvestMidwest and the goal of the event is to showcase outstanding Midwest companies in the cleantech/alt energy, life…
Read MoreIf you are looking for a great chance in the DC Metro area to pitch VC’s on your product you and out how to get selected to present at Capital Connection you had better head to La Ferme in Chevy Chase, Maryland on Thursday, April 3, 2008. Here are the details: ——- DEADLINE FAST APPROACHING:…
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Two months after the iPad 2 debuted in March, around 40% of users surveyed said their iPad was their primary computer, up from around 30%... Read More
There are a number of startup accelerator and incubator programs in the United States. We are fans of these programs (not to be confused with... Read More
We are excited to announce the participating startups for Tech Cocktail's South by Southwest (SXSW) event: #Startuplife Celebration presented by .CO. It was one of... Read More
With our Startup Mixology Conference coming up next week followed by our classic Tech Cocktail DC Summer mixer which will showcase a handful of early-stage... Read More