Funding Success

InSITE company BRANCH closes $2M round

Posted by on Mar 28, 2012 in Client News, Funding Success | 0 comments

On March 6th, former InSITE metformin hydrochloride tablets company Branch (previously Roundtable) announced that they had closed a $2M round led by Obvious Corp, Lerer Ventures and SV Angel. As part of the deal, Obvious will “join forces [with Branch] on the technology, the product design, the branding, the marketing, and several other aspects of this interesting new product bursting with potential.” Led by Josh Miller, Hursh Agrawal, and Cemre Güngör, Branch launched last summer as a “group blogging/debate platform.” Of their time with InSITE, Josh said “When we were heads down, obsessively tinkering with in...

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Happy Holidays! BestVendor Raises $3 million in Series A Fundraising

Posted by on Dec 25, 2011 in Client News, Funding Success | 0 comments

On Monday, BestVendor secured $3 million in Series A funding to support the company’s mission to become the leading resource for business professionals looking for the best web, mobile and desktop applications. Seeking to capitalize on a market segment seemingly neglected relative to the consumer app space, BestVendor is building a community that reviews and recommends work applications for prospective users, thereby generating optimum results that are in line with its goal to let people ‘discover work apps you’ll love.’ BestVendor views the work app sharing segment as a logical...

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RightsFlow Acquired by YouTube

Posted by on Dec 10, 2011 in Client News, Funding Success | 0 comments

YouTube has just acquired RightsFlow, a startup that manages music licensing and payment services. Launched in 2007, RightsFlow helps online music services, record companies, distributors and artists license music and lyrics while also managing royalty payments for the rights-holders. The company’s proprietary licensing technology and 30-plus million song database allows RightsFlow to license content, render accounting, and pay royalties on behalf of clients. As CEO Patrick Sullivan writes in his announcement: We’re pleased to now be taking a momentous step with the team at YouTube,...

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Company Update: Holstee

Posted by on Nov 21, 2011 in Client News, Funding Success | 0 comments

It has been a wild ride for everyone at Holstee since graduating from inSITE! When working with our great group of Fellows the Holstee team comprised four people, today we have grown to eight. Originally we were intending to raise capital just after inSITE; however, we were fortunate enough to focus on our own growth through sales. Exceeding all of our expectations, the Holstee Manifesto went viral around the world–between Facebook, Twitter, Tumblr, and the blogosphere we estimate that it has been shared over 15 million times. This made the Manifesto Poster our best selling item, and we...

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UpNext, InSITE Fall 2007 Company Raises $500K

Posted by on Apr 6, 2011 in Client News, Funding Success, Industry News, Media Coverage | 0 comments

UpNext Scores $500,000 From Chris Sacca And Others For 3D Mobile Mapping by Erick Schonfeld | TechCruch | Mar 14, 2011 Mapping is a big boy’s game, with Google Maps, Bing Maps, and MapQuest dominating maps on both the Web and mobile. But sometimes it takes a startup to push things forward. 3D mobile mapping startup UpNext is hoping to get on the map, so to speak, with its detailed 3D maps of cities and venues like the Super Bowl stadium. … (More)

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InSITE Fellow Brian Rothenberg’s SkillSlate Raises $1.1M

Posted by on Oct 21, 2010 in Fellow News, Funding Success | 1 comment

InSITE Fellow Brian Rothenberg’s start-up, SkillSlate, just announced a $1.1M seed round of funding, co-led by Canaan Partners (an InSITE VC sponsor) and First Round Capital, along with participation from a number of prominent NY-based angel investors, including Jason Finger (Founder & Former CEO of SeamlessWeb), John Caplan (Founder & CEO of The OpenSky Project), John Goldsmith (Board Member of Gerson Lehrman Group), and more. SkillSlate helps consumers find individual service providers, such as tutors, dog walkers, and personal trainers, by enabling users to search thousands of...

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