Daily business news in New York
NEW YORK — ClassPass, a global fitness and wellness marketplace, has closed a massive $285 million Series E investment led by L Catterton and Apax Digital, with additional participation by existing investor Temasek, Founded in 2013 by Payal Kadakia, ClassPass partners with more than 30,000 boutique studios, gyms and wellness providers, offering members access to the largest […]
United Airlines is launching a new hourly shuttle service between Washington’s Reagan National Airport and New York/Newark Liberty International Airport aimed at business travelers in late March. United plans to offer first-class seating on the world’s only two-cabin 50-seat regional aircraft – the Bombardier CRJ-550 on most flights. The CRJ-550 (photo above) is designed for […]
NEW YORK — NBCUniversal, a division of cable giant Comcast, is joining the streaming network wars. The company officially unveiled Peacock, a free premium ad-supported streaming service with subscription tiers offering more than 600 movies and 400 series, as well as live and on-demand content across news, sports, late night, and reality. The service will […]
NEW YORK — Life sciences company Elysium Health has landed $40 million in Series C equity and debt financing led by GISEV Family Office (Giuliani SpA / Royalty Pharma / HBM Healthcare / Nogra Pharma) and joined by Mayo Clinic Ventures and venture lender Western Technology Investment (WTI). Returning investors include General Catalyst, Morningside Ventures, […]
NEW YORK — Kindbody, a health company providing fertility, gynecology, and wellness services in modern, tech-enabled clinics, says it has secured additional funding from GV (formerly Google Ventures) and other investors, bringing the total amount raised to $32 million. The company currently has clinics in New York, Los Angeles and San Francisco. Kindbody was founded last summer […]
Amazon, one of the nation’s largest Internet companies, has signed a new lease for 335,000 square feet of office space with SL Green at 410 Tenth Avenue. Earlier this year, Amazon pulled out of a deal to build a second company headquarters in Long Island CIty due to political and residential opposition. Amazon is the […]
NEW YORK — Rightway Healthcare, a New York-based patient navigation and healthcare advocacy platform for employers and their employees, has secured $20 million in a Series B funding round led by Thrive Capital. The financing will be used to expand Rightway’s navigation platform and explore new opportunities to deliver its products across the healthcare sector. […]
Facebook, which operates the world’s largest social network, has signed a mega lease with Related Companies and Oxford Properties for over 1.5 million square feet of office space at its sprawling Hudson Yards complex on the East Side of Manhattan. The leasing deal is one of the largest ever for Manhattan offfice space and covers […]
Famous Footwear has opened a new 8,400 square-foot flagship store at 34th Street and Broadway in New York City. This is the largest of the company’s 32 New York metro area stores. The store is owned and operated by Calares — formerly Brown Shoe Company — whose brands include: Famous Footwear, Sam Edelman, Naturalizer, Allen […]
NEW YORK — Hive, which operates a business productivity platform, has raised a $10.6 million Series A round, bringing total funding to $16.7 million. Comcast Ventures led the round with participation from existing seed investors Tribeca Venture Partners, Vocap Investment Partners, and Rembrandt Venture Partners. Hive says the company quintupled revenue in the past year, […]