Fresh Capital

Lady Gaga Startup Has Revenue, Raises $4.5 M. From Top Tier Investors

(David Jacobs on Mixel)

Backplane, the startup co-founded by Lady Gaga manager Troy Carter and therefore branding it as the “Lady Gaga startup” forever, has raised $4.5 million from the most elite investors in the Valley and will probably raise a series B soon. The round includes Sequoia Capital, Greylock Discovery Fund, Battery Ventures, Formation 8 and Advance/Newhouse Investment Partnership, reports the Wall Street Journal. Existing investors include Google Ventures, Founders Fund Angel, Menlo Ventures, SV Angel, i/o Ventures, and some angel investors. TomorrowVentures, Eric Schmidt’s fund, was also a seed stage investor. Read More

Startups From the Stars

Lady Gaga Launches Pinterest for Little Monsters

(ladygaga.tumblr.com)

Lady Gaga’s social network, LittleMonsters.com, is in beta, though we’re not sure why. The Gaga-themed Pinterest-like site, in production for more than a year, is black and white and red all over. Users become “fans” of each other and bookmark posts as “inspired.” It’s so Pinterest-y that some bloggers are calling it a ripoff. We eagerly await Farhad Manjoo’s review. Read More