Tag Archives: Betaworks
Google+ To Host VC Office Hours

In order to capture additional attention from startup entrepreneurs, Google+ is hosting a series of events called VC Office Hours. Google VP of Product at Google+ Bradley Horowitz revealed some of the names that are participating in this series:
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Betaworks Acquires Vibe Mobile App

Betaworks has acquired the iPhone app called Vibe, which grew popular in the “Occupy Wall Street” community. Vibe allows people to post photos, videos, and messages within a geo-fenced radius. Users can post with a pseudonym or link the app to their Twitter account. Users can respond through the use of threaded conversations. Vibe was created by Hazem Sayed and the two person startup was acquired this past December. [TechCrunch]
OnSwipe Raises $5 Million In “Series Awesome”
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OnSwipe is a tablet publishing company that has raised $5 million in “Series Awesome.” This past January OnSwipe raised $1 million in seed funding. This round of funding was led by Spark Capital and followed on by Lightbank. Yuri Milner, Lerer Ventures, SV Angel, Betaworks, Morado, Eniac Ventures, and Thrive Capital also participated in this round.
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Confirmed: Twitter Acquires TweetDeck

TweetDeck founder Iain Dodsworth has confirmed that Twitter has acquired his company. The deal was completed yesterday. TweetDeck started with one team member and one user to a team of 15 with millions of users. The TweetDeck team will remain in London. Previous investors in TweetDeck include Betaworks, TAG, SV Angel, and PROfounders. [TweetDeck Blog]
Social Media Platform Company SocialFlow Raises $7 Million

SocialFlow is a social media platform company that teaches brands how to use Twitter in effective ways. SocialFlow uses data analysis to help brands come up with what kind of tweets to send out. SocialFlow has some solid revenues and shows evidence of long-term growth. This is why investors have put $7 million into the company in a Series A round of funding.
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Kickstarter Raises $10 Million From Union Square, Betaworks, and Angel Investors

Kickstarter is a New York based startup company that helps projects raises money. Kickstarter has raised $10 million in funding from Union Square Ventures, Betaworks, and several angel investors. Kickstart takes a commission from each funded project. One of the most noteworthy projects that Kickstarter funded is a Robocop statue for the city of Detroit. [BusinessInsider]
OnSwipe Raises $1 Million

OnSwipe is a company that developed a WordPress plugin called PadPressed. PadPressed makes WordPress blogs look like a native application on tablets. OnSwipe has raised $1 million in seed funding.
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GroupMe Raises $10.6 Million From Several Investors

GroupMe is a service that lets users create text messaging groups and conference calls. GroupMe has raised a second round of funding from Khosla Ventures, General Catalyst Partners, First Round Capital, Lerer Ventures, Betaworks, and SV Angel. GroupMe is only 8 months old and they have 10 employees. [TechCrunch]
GroupMe To Raise Series B Funding Through A VC Bidding War
Bit.ly Raises $8.9 Million In Series B Financing

Popular URL shortening and analytics service Bit.ly has raised $8.9 million in Series B financing. This round of funding was led by AOL Ventures and RRE Ventures. Existing investors include Betaworks, O’Reilly Alpha Tech Ventures, Founders Fund, and SV Angel. Every day about 200 million Bit.ly short links are clicked on through Twitter and other services. Even though Bit.ly is no longer the default URL shortening service for Twitter, the traffic continues to grow for the service.
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