Funding

DFJ Gotham Leads $3.25M. Round In SinglePlatform, Wiley Cerilli’s One-Stop Shop for Restaurants

wiley

Fresh off winning Bloomberg Businessweek’s vote for one of the country’s most promising start-ups, SinglePlatform just announced it raised $3.25 million in Series A round led by DFJ Gotham. New investor New World Ventures also jumped on board, as did existing backers like First Round Capital and RRE Ventures, responsible for the $1.2 million seed round raised last September.

SinglePlatform solves a problem so simple, we’re surprised no one’s mastered it already. Despite the fact that 89 percent of consumers look up a restaurant online before they eat there, very few restaurants have up-to-date websites. Founder & CEO Wiley Cerilli should know, he spent 10 years running sales for Seamless (now without the -web). With SinglePlatform, local businesses can publish their menu, special, events, and photos across a network of 11,000 mobile apps, and destination sites including 34,000 hotels, 620 universities, and, recently, Foodspotting. Read More

Angelic Cabals

Charlie O’Donnell Explains How First Round Capital Made the Grade For Most Active VCs in 2011

charlieodonnell

Thomson Reuters Venture Capital Journal just released its list of top VCs and deals thus far this year, with First Round Capital and Draper Fisher Jurvetson joining the ranks of Kleiner Perkins Caufield & Byers and Sequoia Capital. First Round, from its New York outpost on Park Avenue, and Draper, from DFJ Gotham’s suite on West 31st St., both have a strong presence in New York City.

In total, peHUB says DFJ ‘s network is responsible for 28 deals from January to June, tying with Sequoia for the No. 3 slot. First Round’s network is responsible for 27 deals through June. Among First Round’s investments this year are homegrown start-ups like AdKeeper, GroupMe, and 33Across.  DFJ Gotham plunked down cash for Made In NYC ventures like Seamless Receipts, Yipit, Altruik, and Solvate.

Betabeat asked First Round principal Charlie O’Donnell how much of its $130 million fund, raised in 2010, was geared towards New York companies. “As a seed/angel stage investor, we’re always on the most active lists and a lot of it is NYC, but a lot of it is our great SF office, too,” he responded, via email. Read More

Funding

Altruik Scores $2.8 Million Inside Round for Automated SEO Service

The Altruik Team

Back in 2009 Altruik raised a $4.7 million Series A from a group that included New York venture funds DFJ Gotham, First Round Capital, Greenhill SAVP and Zelkova. Today it announced a new $2.8 million dollar raised with these sames names plus contributions from the newly formed Centurion Venture Partners and the New York Angels.

The re-up is a vote of confidence that the company is headed in the right direction, although the diminished size of the round speaks to the challenges Altruik faced. Read More