NEW YORK — Bunch, developer of a party app for multiplayer games, has closed $20 million in Series A funding, led by General Catalyst. Investors in the round include many of the top game companies such as Electronic Arts, Krafton (PUBG), mixi, Take-Two Interactive Software, Inc., Ubisoft, Supercell, Riot Games, Miniclip and COLOPL. Additional investors […]
nTopology Lands $40 Million Investment
NEW YORK — nTopology, which has developed a 3D printing platform for engineers, has raised $40 million in Series C funding. Insight Partners, a venture capital firm based in NY, led the round joined by Grant Verstandig & existing venture partners Root, Canaan, DCVC, & Haystack. Josh Fredberg of Insight Partners will be joining nTopology’s Board of Directors. The […]
KKR Buys 1-800-Contacts
NEW YORK — Private equity firm KKR has agreed to buy 1-800 Contacts, the largest retailer of contact lenses in the U.S., from AEA Investors. Terms of the deal weren’t announced. AEA Investors purchased 1-800-Contacts in 2016. Over the last several years, the company has made significant investments in technology and expanding its offerings, including […]
Peacock Added to Roku Streaming Platform
NEW YORK — Peacock, the streaming service from NBC that launched on July 15, is now available this week on Roku, a streaming platform that reaches an estimated 100 million people. Peacock provides access to more than 20,000 hours of on-demand movies and shows, as well as live news and sports programming, from NBCUniversal and […]
Citi Impact Fund Makes First Investments
NEW YORK — Citi has announced the first investments from its $150 million Citi Impact Fund, an investment fund devoted to backing “double bottom line” companies. The companies receiving funding are Fulcrum BioEnergy, ICON, PadSplit, and The Mom Project. “The COVID-19 pandemic is requiring us to rethink how we work,” said Ed Skyler, Head of Global Public Affairs at […]
ViacomCBS Sells CNET Media for $500 Million
NEW YORK — ViacomCBS has unloaded CNET Media Group for $500 million to Red Ventures, a company that owns a portfolio of digital brands and is based in Fort Mill, SC. CNET Media Group is a pioneer in digital media and includes tech news site CNET and ZDNet, a leader in B2B focused content and Gamespot, a […]
Ryan Serhant Launches Own Real Estate Brokerage
NEW YORK — Ryan Serhant, one of NY’s top real estate agents and a star on Bravo’s Million Dollar Listing New York reality show, is launching his own brokerage SERHANT. According to Real Trends, Serhant was the No. 1 broker in the NYC area in 2019 and ranked third nationwide with $721.9 million in sales volume. Since […]
JetBlue to Add Two Dozen New Routes
NEW YORK — JetBlue plans to launch 24 new routes later this year aimed at \generating cash and capturing passenger traffic on a variety of new, nonstop routes – many never flown before by the airline. The flights include over a half dozen from Newark Airport to the Caribbean. Each route plays to JetBlue’s strengths […]
SL Green Refinances $600 Million Construction Loan
NEW YORK — SL Green Realty Corp., Manhattan’s largest office landlord, has closed on a new $600 million construction loan for 410 Tenth Avenue, the Company’s 636,000 square foot Manhattan office redevelopment anchored by Amazon and First Republic Bank. The building was previously known as 460 West 34th Street (photo above). SL Green purchased a majority […]
Real Estate Platform Orchard Closes $69 Million Funding
NEW YORK — Orchard, a company looking to simplify home buying and selling, announced it has completed a $69 Million Series C equity funding round led by Revolution Growth, with participation from existing investors, FirstMark, Navitas, Accomplice, and Juxtapose. The latest funding brings Orchard’s total equity raised to date to $138 Million. Orchard was founded to revolutionize the home […]