startup rundown

Startup News: Bloglovin’ Spreads the Love to iPads and Androids, and Bondsy Makes Bacon a Viable Currency

Bloglovin' app hits iPads and Androids this week.

Happy Cloud is making it rain Last week, on-demand gaming company Happy Cloud, Inc. announced it had raised a $4.25 million Series A, bringing its total funds to $7 million. The company is now preparing to deliver on-demand videogame demos to avid gamers, in the same way they might access on-demand TV shows or movies. Happy Cloud has also appointed Tamir Buchler to CEO; Mr. Buchler comes to Happy Cloud from IAC/InterActiveCorps’ Pronto.com. 

Bondsy is making a deal Showcased at last year’s TechStars Demo Day, unique trading app Bondsy is ready for download. Bondsy allows users to trade one random thing for another: homework help for bacon; cool clothes for a back massage; One Direction tickets for a first-born child. “When you’re not restricted to paying strictly with money, things get a lot more interesting,” said a Bondsy spokesperson. We hear the apps’ creator, Diego Zambrano, posted a homemade poutine to Bondsy and received nine offers in 30 minutes. What would you trade for a pile of fries smothered in gravy and cheese curds?  Read More

startup rundown

Startup News: Two Regular New Yorkers Disrupt Christmas and Alexis Ohanian Just Wants to Park His Car

"Leave me alone." (Photo: Twitter)

r/findmeaparkingspace ParkWhiz, the Chicago company that enables users to find and reserve guaranteed parking spaces before reaching their destination, today announced that it has closed a $2 million Series A round of funding led by Hyde Park Venture Partners. Reddit’s Alexis Ohanian also took place in the round along with Hyde Park Angels, Amicus Capital, and others. In a press release sent to Betabeat, the company said that since its launch in 2006, it has driven $10 million in parking revenue to parking operators and provided access to 3 million parking spaces nationwide.

Fab Goes To India Jason Goldberg, the founder and CEO of Fab, took to his personal blog yesterday to announce that his company had acquired new funding. Times Internet, the digital arm of The Times of India Group, India’s largest media company, has chosen to invest in the company. Mr. Goldberg notes in the post, “As part of this investment Fab will be working with Times Internet to explore and execute on our India market strategy in the coming years.” Since launching in June 2011, Fab has raised over $150 million from investors. Read More