Makers Make Money
There’s a little shuffling in the city’s VC scene this morning. VC Steve Schlafman has announced (via his Tumblr) that he’ll be leaving Lerer Ventures to join RRE. He’ll be a principal focused on Series A investments (as opposed to his seed stage work at Lerer).
We like to imagine that when you leave Lerer you get Smirnoff iced as a send-off, but maybe that’s just us.
New York’s Makerbot, which creates DIY 3-D printers, has raised a $10 million round led by Foundry Group. The money will be used to scale the company, which is currently growing faster than it can afford.
Full text from Makerbot co-founder founder Bre Pettis:
Today, I’m excited to announce that MakerBot is taking $10 Read More
Here is the strange thing about Meetup.com. It’s terrific for organizing people to get together in the real world. But even though there are 28 adult soccer clubs on Meetup near the Betabeat office, each one sits in a separate silo and doesn’t connect to its peers. Trying to merge groups together is a nightmare on Meetup.
Kohort, the new startup from Mark Davis, just raised $3 million from folks like IA Ventures, RRE, FF Capital, David Tisch and David Cohen. It’s going to be offering a suite of tools to help groups do things like organize events, collect dues and enlist new members.
But the secret sauce, says one investor, is the way in which Kohort will help groups to interact with one another. “Meetup is essentially providing a platform for anyone to create a group, but its not tapping the network effect that comes from tying those organizations together.”
In the booming market for question and answer services, the conversational platform created by VYou is unique. Like Formspring, it is a place for users to receive questions and post answers. But on VYou the answers come in video form.
Vyou relies less on scale and accuracy, like Quora or Stack Exchange. Instead it draws Read More
New York’s GroupMe and Fast Society have been getting a lot of attention recently as competition heats up in the group texting market. But two of New York’s most prominent venture firms have just chosen an app based in Waterloo, Ontario as their choice in this crowded field.
Union Square Ventures and Read More