Funding Fun

Media Startups, Rejoice: There’s a New Digital Media Seed Fund in Town

Mr. McGlade (linkedin.com)

New York is arguably the biggest media hub in the world, and if Mayor Bloomberg has anything to say about it, it’s also a tech haven worthy of rivaling the Valley. So naturally, along with the host of media-related startups that have been cropping up across the Alley, we’re also getting a new seed fund. Helmed by ex-Medianet CEO Alan McGlade and VC Michael Yang, it’s called DEV (Digital Entertainment Ventures, not to be confused with the abbreviation for “developer”), and it launched today to help rookie media companies via funding and advising. Read More