Sorry, startups, but you’re going to have to get better at the Stanford swivel.
One local developer wrote in to Betabeat to recount a meeting at a Williamsburg coffee shop earlier today between a well-heeled startup founder, who recently raised a hefty double-digit sum, and what appeared to be a management consultant. “Trying to clean up that awkward public image they’ve got?” the source wondered.
They grow up so fast, don’t they? Local social shopping site Lyst, which launched April 2011, has just raised a $5 million Series A. Led by London-based DFJ Esprit, with Accel Partners, Alex Zubillaga and Venrex participating, the round will allow Lyst to staff up and work on building out its back end.
Ironic, right? Considering they’re a fashion startup and all.
Good news if poorly selected background music makes you miserable: Music tech startup Roqbot has raised a $1.2 million seed round, led by Google Ventures and Detroit Venture Partners and including Penny Black, T5 Capital, and Accelerator Ventures, as well as angel investors.
Roqbot aims to offer a more interactive alternative to the background music services that produce the anodyne mixes you’ll hear in the grocery store, without requiring the level of participation of a jukebox. Customers in a bar or bowling alley request whatever they’d like to hear via a smartphone app. So the business gets final approval, but doesn’t have to painstakingly build a playlist or default to a standard background music service. The idea is to create “a streaming music solution that’s customized for each location, that lets the customers engage with the music and discover what’s playing,” explained cofounder and CEO Garnett Dodge.