Funding

Pipedrive Lands $50 Million

NEW YORK — Pipedrive, a developer of sales and Customer Relationship Management (CRM) software, has closed a $50 million Series C round led by new investor Insight Venture Partners and existing investor Bessemer Venture Partners, with additional participation from existing investors Rembrandt Venture Partners and Atomico. Pipedrive plans to use the money to expand research […]

Funding

Men’s Clothing Site Grailed Raises $15 Million

NEW YORK — Grailed, an online marketplace for curated men’s clothing, has closed a $15 million Series A investment round led by Index Ventures, with added participation from Thrive Capital and Simon Ventures. The new investment brings the company’s total funding to about $20 million and will allow the company to enhance the customer experience, […]

Hotels

Pendry to Build First NY Hotel

Pendry Hotels, in collaboration with Brookfield Properties, will build its first New York City hotel at Manhattan West – an eight-acre, six-building mixed-use development located in Manhattan’s Hudson Yards district. The hotel won’t open until 2021. Pendry Manhattan West will feature 164 guestrooms including 30 suites; a signature restaurant; a lounge and vibrant open-air terrace […]

Funding

Kustomer Scores $26 Million Funding

NEW YORK — Kustomer, a developer of a Customer Relationship Management (CRM) platform, has raised $26 million in a Series B financing round, bringing its total funding to $38.5 million. Redpoint Ventures led the round with participation from Series A investors Canaan Partners, Boldstart Ventures, and Social Leverage. Cisco Investments also joined as a new strategic investor. […]

Hospital

NYU Opening New Inpatient Facility

NEW YORK — This Sunday, NYU Langone Health will open the doors to a new inpatient facility, the Helen L. and Martin S. Kimmel Pavilion, adding significantly to the healthcare space in New York City and offering private rooms for all patients. The building includes Hassenfeld Children’s Hospital—34th Street, the first children’s hospital built in […]

Retail

Bruno Magli Shoes to Open SoHo Store

NEW YORK — Bruno Magli, the Italian luxury shoe company, plans to open a 2,000 square-foot concept store in the chic SoHo shopping district of New York City on September 1, at 120 Wooster Street. Located in a prime location just steps away from designer fashion destinations Chanel, Gucci, Tiffany & Co. and more, the boutique will showcase the latest […]

Funding

Gotham Greens Blooms With $29 Million

BROOKLYN — Gotham Greens, an operator of urban greenhouses and grower of indoor produce, has closed $29 million in Series C equity funding. The new round brings the company’s total funding until date to $45 million, not including bank debt. Since its launch in 2011, Gotham Greens has grown from a single urban rooftop greenhouse in Brooklyn to a multi-state indoor farming […]

Funding

Reonomy Secures $30 Million Investment

NEW YORK — Reonomy, a provider of commercial real estate (CRE) data and analytics, has secured $30 million in Series C funding, led by Sapphire Ventures with participation from existing investors Bain Capital Ventures and Softbank Capital. Reonomy has now raised $68.4 million in funding to date, and has quickly established itself as one of the […]

Media Offices

Discovery to Move HQ to 230 Park Avenue

NEW YORK — Discovery, operator of cable networks Discovery Channel, HGTV, Food Network, TLC and more, has selected 230 Park Avenue South in New York’s Flatiron district as the location for its new global headquarters. Announced earlier this year, the company is moving its headquarters from Maryland to the Big Apple to be closer to advertising […]

Funding

Zurich Insurance Invests in CoverWallet

NEW YORK — Zurich Insurance Group has made an undisclosed investment in CoverWallet, a NY startup that makes it easy for businesses to understand, buy, and manage insurance online. Zurich has acquired a minority stake in the company. The investment follows a commercial partnership between CoverWallet and Zurich in Europe that was announced in February. Through the […]