Funding

Workfusion Secures $50 Million Series E

NEW YORK — WorkFusion, a company developing robotic process automation (RPA) software, has raised $50 million in Series E funding in a round led by Hawk Equity and Declaration Partners, bringing the company’s total investment to $118 million. Previous investors Georgian Partners, iNovia Capital and NGP Capital also participated. The capital will be used to […]

Funding

BetterCloud Closes $60 Million Funding

NEW YORK — BetterCloud, a developer of Software-as-a-Service (Saas) operations management platform, has closed a $60 million Series E financing round led by new investor Bain Capital Ventures. Also participating are existing investors Accel, Greycroft Partners (through Greycroft Growth), Flybridge Capital Partners, Tribeca Venture Partners, and New Amsterdam Growth Capital. This new round brings BetterCloud’s […]

Hotels

Radisson to Open Near Times Square

The Radisson Hotel Group announced signings for two new-build hotels to its portfolio in the Americas, located in New York City near Times Square Anaheim, Calif. (Radisson Blu) and New York City (Radisson). The Radisson Hotel in New York City will be located at 525 8th Ave., walking distance to Times Square, the Garment District, […]

Real Estate

North Brooklyn Sees Drop in Rents

NEW YORK — With the April 2019 shutdown of the L train looming closer, North Brooklyn rents continue to decline, according to the StreetEasy Market Report for February 2018. The StreetEasy Rent Index for North Brooklyn — which includes neighborhoods served by the L train, such as Williamsburg and Greenpoint — dropped for the seventh […]

Sports

ESPN+ Streaming Service to Launch April 12

ESPN is launching a new streaming service later this month called ESPN+. The new subscription service from Disney features ESPN branded content including NHL, MLB and college sports. It will launch on April 12 and offer fans a wide lineup of live sports, original content and on-demand programming for  $4.99 per month. The service is […]

Funding

UBS Commits $2 Million to Rent the Runway Foundation

NEW YORK — Investment bank UBS has made a two-year, $2 million grant to the Rent the Runway Foundation for continued expansion of Project Entrepreneur. The additional funding will help build on the program’s early success and brings the firm’s total commitment to $5 million, with the objective of leveling the playing field for female […]

Magazine

ELLE Produces Customized Kim Kardashian Covers

50,000 subscribers of Elle magazine are receiving a personal message this month from Kim Kardashian. The technology comes from printer Quad/Graphics, which announced the production of ELLE’s first-ever personalized cover for select subscribers using Quad’s data-driven technology. 50,000 covers feature a “handwritten” note addressed to the subscriber, from the April cover star Kim Kardashian West. […]

News Restaurant

Largest Chick-fil-A Opens in Downtown NY

Chicken sandwich fast-food chain Chick-fil-A has opened its largest location in Downtown Manhattan in the Financial District. Located at 144 Fulton Street next to Fulton Center Station, the new Chick-fil-A has 12,000 square feet and a rooftop terrace (pictured above). The restaurant features five levels, kiosk ordering technology, and seating for 140 guests. The restaurant […]