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InVision Picks Up the Latest Investment From the NYC Entrepreneurial Fund

Mr. Valberg. (LinkedIn.)

The latest addition to the NYC Entrepreneurial Fund’s growing portfolio: InVision, a design-centric UI prototyping tool. The company will receive $200,000 in order to staff up, which will in turn allow the polishing up of version two of its software, which will incorporating richer collaboration and a full suite of project management tools.

Said EDC president Seth Pinsky in a statement released earlier today: “This investment is another example of the Bloomberg Administration’s strong commitment to supporting our City’s talented entrepreneurs and creating conditions that will allow for continued growth within our emerging technology sector.” Read More

Make It Rain

Wanted: Social Games. Money No Object.

OMGPOP CEO Dan Porter with Ghostface Killah. (Twitter)

MegaMillions isn’t the only game in town capable of inspiring a feeding frenzy. Not content merely to snap up OMGPOP at something like $180 million, Zynga is making it known they’ve still got IPO cash burning a hole in their corporate pockets. Merger chief Barry Cottle basically told Bloomberg that they are hungry, ready to move fast, and rich as hell: Read More