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	<title>Betabeat &#187; Party Time! New York-Based House Party Raises $5.3 M. for Parties</title>
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		<title>Betabeat &#187; Party Time! New York-Based House Party Raises $5.3 M. for Parties</title>
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		<title>Party Time! New York-Based House Party Raises $5.3 M. for Parties</title>

		<comments>http://betabeat.com/2012/01/party-time-new-york-based-house-party-raises-5-3-m-for-parties/#comments</comments>
		<pubDate>Fri, 27 Jan 2012 10:47:55 -0400</pubDate>
					<link>http://betabeat.com/2012/01/party-time-new-york-based-house-party-raises-5-3-m-for-parties/</link>
			<dc:creator>Adrianne Jeffries</dc:creator>
				
		<guid isPermaLink="false">http://www.betabeat.com/?p=27657</guid>
		<description><![CDATA[<p><div id="attachment_27669" class="wp-caption alignleft" style="width: 283px"><img class="size-full wp-image-27669" title="party pack" src="http://nyobetabeat.files.wordpress.com/2012/01/party-pack.jpg" alt="" width="273" height="165" /><p class="wp-caption-text">A typical party pack.</p></div></p>
<p><a href="http://houseparty.com">House Party</a> does not know how to write a <a href="http://www.pehub.com/132879/house-party-raises-53-million-in-series-c-funding/">press release</a>. "House Party, Inc., a leading social media company that combines digital media and word-of-mouth marketing with brand-inspired, in-home events"? No. No, no. How about, "House Party, a company that sends you free shit for your house party, <a href="http://sec.gov/Archives/edgar/data/1363268/000136326812000001/xslFormDX01/primary_doc.xml">raises</a> $5.3 million Series C to send you free shit for your house party"?<!--more--></p>
<p>The New York-based company is creating a new market for marketers: sponsor a party pack and have social influencers pass out your goods to their friends in a happy, safe place, hopefully with booze, all coordinated on houseparty.com. Friends can even attend virtually. House Party's round was led by the New York-based venture firm Acadia Woods Partners, and comes after about <a href="http://www.crunchbase.com/company/house-party">$4.6 million raised</a>.</p>
<p>Kraft, McDonald's, Playstation, and Courvoisier have all given the service a spin. Brands can use the in-home parties to promote or preview new products, like Godiva Truffletinis, not unlike fellow New York startup <a href="http://crowdtap.com/">Crowdtap</a>, which has started to encourage users to host branded parties. Party-goers are encouraged to photograph, video record, tweet about and otherwise share the unboxing of their party packs.</p>
<p>House Party was founded by the illustrious Gene DeRose, of dot-com legend Jupiter Communications and the recently buzzed-about mobile app <a href="http://Want.It">Want.It</a>, more than five years ago.</p>
<p>"The funding will be used to accelerate growth of the business, including investments in key sales and marketing initiatives and strategic new hires," said a press release. So, not party hats. Right.</p>
]]></description>
		<content:encoded><![CDATA[<p><div id="attachment_27669" class="wp-caption alignleft" style="width: 283px"><img class="size-full wp-image-27669" title="party pack" src="http://nyobetabeat.files.wordpress.com/2012/01/party-pack.jpg" alt="" width="273" height="165" /><p class="wp-caption-text">A typical party pack.</p></div></p>
<p><a href="http://houseparty.com">House Party</a> does not know how to write a <a href="http://www.pehub.com/132879/house-party-raises-53-million-in-series-c-funding/">press release</a>. "House Party, Inc., a leading social media company that combines digital media and word-of-mouth marketing with brand-inspired, in-home events"? No. No, no. How about, "House Party, a company that sends you free shit for your house party, <a href="http://sec.gov/Archives/edgar/data/1363268/000136326812000001/xslFormDX01/primary_doc.xml">raises</a> $5.3 million Series C to send you free shit for your house party"?<!--more--></p>
<p>The New York-based company is creating a new market for marketers: sponsor a party pack and have social influencers pass out your goods to their friends in a happy, safe place, hopefully with booze, all coordinated on houseparty.com. Friends can even attend virtually. House Party's round was led by the New York-based venture firm Acadia Woods Partners, and comes after about <a href="http://www.crunchbase.com/company/house-party">$4.6 million raised</a>.</p>
<p>Kraft, McDonald's, Playstation, and Courvoisier have all given the service a spin. Brands can use the in-home parties to promote or preview new products, like Godiva Truffletinis, not unlike fellow New York startup <a href="http://crowdtap.com/">Crowdtap</a>, which has started to encourage users to host branded parties. Party-goers are encouraged to photograph, video record, tweet about and otherwise share the unboxing of their party packs.</p>
<p>House Party was founded by the illustrious Gene DeRose, of dot-com legend Jupiter Communications and the recently buzzed-about mobile app <a href="http://Want.It">Want.It</a>, more than five years ago.</p>
<p>"The funding will be used to accelerate growth of the business, including investments in key sales and marketing initiatives and strategic new hires," said a press release. So, not party hats. Right.</p>
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