Tag Archives: Flybridge Capital
SavingStar Hits 1 Million Users In Under A Year
SavingStar is a service where you can receive grocery discounts by entering your loyalty cards into the system. I just registered an account with them and I noticed that they are able to get me an additional $2.00 off from 2 boxes of Pepsi, $1.00 off a bag of Tostitos, 50 cents off Pepperidge Farm Goldfish, etc. from Kroger. Other stores that work with the service include Rite Aid, CVS, Piggly Wiggly, Albertsons, County Market, Food City, Lowes Foods, Jack’s SuperValu, Ralphs, and the list goes on. SavingStar launched in beta this past August and raised $2.3 million in funding from Flybridge Capital Partners, First Round Capital, Founder Collective, and several angel investors.
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T2 Biosystems Raises $15 Million In Equity
T2 Biosystems Inc. has raised $15 million from 9 different investors. The company plans to use the funding to accelerate development and commercialization for its diagnostic platform. The investment round was led by Physic Ventures. Other investors include Arcus Ventures, RA Capital Management LLC, Camros Capital LLC, WS Investments Company, Flagship Ventures, Polaris Venture Partners, Flybridge Capital Partners, and Partners Healthcare of Boston. T2 Biosystems raised $10.8 million in Series B financing two years ago. [Bizjournals]
DataXu Raises $11 Million In Series B From Menlo, Atlas, and Flybridge
DataXu has raised $11 million in Series B funding. Investors include Menlo Ventures, Atlas Venture, and Flybridge Capital Partners. Atlas and Flybridge were involved in DataXu’s first round in April 2009. The new round of funding will be used for product development, sales, marketing, and expansion. DataXu has offices in Boston and N.Y. DataXu is an online ad exchange service. [paidContent]
Video Storage and Infrastructure Company Blackwave Raises $7 Million
Blackwave is an Acton, Mass. based company that hosts and streams videos on the Internet. The company has recently raised $7 million in Series C from Globespan Capital Partners, Sigma Partners, and Flybridge Capital Partners. Thus far Blackwave has raised a total of $29 million in total funding.
“This renewed investment, combined with the ongoing acquisition of a range of new customers and partners, signals the market’s great confidence in our technology and our value proposition,” stated Blackwave CEO Bob Rizika.
DataXu Optimizes Ad Buying Across Multiple Platforms
DataXu is a start-up based in Boston, MA that was founded by MIT alumni and other technology entrepreneurs. The goal of the company is to help advertisers optimize campaigns across multiple platforms such as Google, Microsoft, and Yahoo! The service is intended to help advertisers more than publishers who are looking for increased returns on investment. DataXu makes ad purchasing recommendations based on qualitative data in real-time.
“On the marketplaces, sellers get guarantees about the impressions that will be sold for the highest bid price above the specified reserve, and buyers can use the exchange to supplement their online campaigns with low-cost impressions,” stated Robin Wauters, an editor at TechCrunch. “The DataXu platform values, bid manages and buys ads on an impression-by-impression basis, across the major ad exchanges and based on smart algorithms.”
DataXu has the capabilities to make recommendations within milliseconds using the proprietary algorithms that the engineers have come up with at the company. Thus far, DataXu has been testing their algorithm on Yahoo!’s ad inventory system and now they plan to add the Google Ad Exchange platform.
DataXu has about $7.8 million in funding from Atlas Ventures and Flybridge Capital. The company is led by President and CEO Mike Baker.
Categories DataXu, Flybridge Capital, Mike Baker
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