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October 19, 2018

NYC Tech Deals Roundup - Acquisitions and Funding News (October 12 - October 19)

Here’s your look at the acquisition and funding news in NYC tech from October 12th to October 19th!


Acquisitions

 

ANGI Homeservices, the parent company of Angie's List's and HomeAdvisor, is acquiring Handy, a New York-based home services marketplace that had raised over $110 million from firms like Fidelity, TPG Growth, Revolution, Highland Capital Partners, and General Catalyst.

Funding

 
 
Amazon has invested in SevenRooms, a New York-based hospitality startup that specializes in restaurant software. The investment is Amazon's first into a company that runs restaurant operations.
Investors: Amazon Alexa Fund

SevenRooms is now hiring! Check out their BIZZpage

 
 
Spotify has taken a stake in DistroKid, a distribution service that allows recording artists to upload music across online stores and streaming platforms including Spotify’s biggest rival, Apple Music.

Spotify is now hiring! Check out their BIZZpage

 

Coord is a New York-based mobility data platform.
Investors: Alliance Ventures, Trucks, Urban.Us, and DB Digital Ventures
 

June.ai is an email management platform .
Investors: John Suh, CEO of LegalZoom and Marc Michel of Runaway Venture Partners
 

Qwire is a New York-based creator of SaaS software to streamline royalty reporting and licensing for music-for-picture.
Investors: N/A
 
 
Chief raised $3 million to launch a private network for women executives at the VP level and above. The network, for now, based in New York, aims to keep women on track to the top instead of seeing them drop off before breaking the final glass ceiling.
Investors: N/A
 
 
Paperspace is a cloud computing and machine learning development platform.
Investors: Battery Ventures, SineWave Ventures, Intel Capital and Sorenson Ventures and Initialized Capital
 
 
WhiteSource is a New York, Boston and Tel Aviv, Israel-based provider of open source security management solutions. 
Investors: Susquehanna Growth Equity, 83North, and M12 – Microsoft Ventures
 
 
ConveyIQ is a New York City-based provider of enterprise talent communication and recruiting automation software.
Investors: SC Ventures, 3TS Capital Partners, and StarVest Partners
 
 
Fourpost is a New York-based startup that curates retail and dining spaces inside malls.
Investors: Social Capital, Susa Ventures, Collaborative Ventures, Blumberg Capital, Ludlow Ventures, Supernode Ventures, T5 Capital, Accelerator Ventures and Hersz Capital
 
 
Crux Informatics is a New York-based data engineering and information supply chain startup.
Investors: Two Sigma, Goldman Sachs, and Citigroup
 
 
Hero is a New York-based startup focused on medication management and adherence.
Investors: Brainchild Holdings, Naval Ravikant, Box Group, Third Kind Venture Capital, Refactor Capital and Spider Capital
 
 
FundGuard is a New York-based AI platform for investment funds .
Investors: Blumberg Capital and LionBird

Colin Barry is an Editor & Staff Writer to VentureFizz. Follow him on Twitter @ColinKrash