Funding

Flatiron School Scores $5.5 Million in Funding, Vows To Become ‘Super High-End Vocational School’

Students at the Flatiron School learnin' stuff. (Flatiron School)

The Flatiron School announced this morning that it closed a $5.5 million funding round, led by Charles River Ventures (CRV) and Matrix Partners. Additional investments came from Box Group and other angel investors.

The money will allow the school —  which offers intensive twelve-week courses in web and iOS development — to really focus on improving the quality of education it offers its students.

“Where most companies take capital to grow, we took it to slow down and make sure we could really get the product right,” Flatiron dean Avi Flombaum told Betabeat. “We can continue our interesting classes, and focus on quality and experience of education — and not just stamping out into other cities and homogenizing our brand.” Read More

Venture Capitalism

Live Gamer, a New York-Based Platform For Selling Virtual Goods in Video Games, Just Picked Up $8.5 M.

live-gamer-logo

Live Gamer, the robust e-commerce platform that helps publishers monetize video games, just announced an $8.5 million VC investment from Charles River Ventures and Kodiak Venture Partners, reports TechCrunch. According to its Crunchbase profile, that represents the company’s fourth investment round, bringing the company’s total funding to $36.3 million.

The startup, which is headquartered in New York City, already boasts high-profile partnerships to power micro transactions for gaming companies like EA, Sony, Real Networks, and THQ. Live Gamer’s platform lets publishers manage the merchandising and analytics of virtual goods. It also helps control support for in-game currency, payment gateways, virtual item gifting and more. Read More