Make It Rain

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

The Start-Up Rundown

Start-Up News: Dashing Hackers, Rockstar Devs, Internet Weak and Some Events That Sound Like a Lot of Work

Foursquare hacker Pierre Valade: Dashing.

Happy IPV6 day, to steal the New York Times’s line, and a merry Internet Week to all. Did you know Judah Friedlander is a Webutante? Or that $1,500 is enough to convince a former Facebook employee to dive into a decorative pool? Some other things that happened this week in New York start-ups:

THE WABBYS. Betabeat won a Webby! Just kidding. The Pulitzer of blogs eludes us. Go and congratulate our brothers in content creation as they rub shoulders with Daniel Radcliff and OKGO’s Damian Kulash at the Hammerstein Ballroom on Monday, June 13.

IGNITE TONIGHT. That is all. FORTNIGHTER IS ALIVE. Customized travel itineraries. MADE IN NYC(TM). HOWABOUT WE LAUNCH AN IPHONE APP. And have 35,000 people download it in the first week. FOURSQUARE HIRES HACKATHONER. It is Pierre Valade, creator of the Twttr-outlawed Agora App who ReadWriteWeb calls “dashing,” which uses the Foursquare API to recommend people to meet in the vicinity based on who you follow in common. Read More