Daily business news in the Great State of New York!
Related Companies, owner of Hudson Yards, has formed a partnership with casino company Wynn Resorts to pursue a downstate casino license on the Western Yards at Hudson Yards. The plan for a resort, entertainment and gaming destination along the Hudson River will deliver thousands of permanent and construction jobs and billions in direct and indirect […]
NEW YORK — VTS, which operates a technology platform for the commercial real estate industry, has raised a Series E funding round totaling over $125 million. The funding round is led by existing VTS customer and investor CBRE Group, the world’s largest commercial real estate services and investment firm, which is providing $100 million of […]
NEW YORK — FOOD & WINE, published by Dotdash Meredith, has released its list of America’s Best New Chefs of 2022, spotlighting the 11 most talented up-and-coming chefs reinventing restaurant culture with vibrant and innovative new concepts that are deeply personal, reflecting their social and cultural influences. This year, FOOD & WINE introduces a new […]
NEW YORK — Qloo, an artificial intelligence platform for culture and taste preferences, has raised $15 million in Series B funding from Eldridge and AXA Venture Partners. This latest round of funding brings Qloo’s total capital raised to $30 million, and will enable the privacy-centric AI leader to expand its team of data scientists, enrich its technology, […]
The 2022 US Open will award more than $60 million in total player compensation for the first time in the event’s history, topping the record-breaking $57.5 million number from 2021. The two-week event at the National Tennis Center in Flushing ends this Sunday and the winner of the men’s and women’s singles final will each […]
NEW YORK — SeatGeek, a ticketing platform for live events and sports, has raised $238 million as part of a Series E financing round led by long-time investor Accel, with participation from Wellington Management, Arctos Sports Partners, and Ryan Smith, founder of Qualtrics and Smith Entertainment Group (SEG) which includes the Utah Jazz. The investment […]
NEW YORK — Explo, a customer-facing analytics solution for sharing data across any platform, has landed $12 million in Series A funding, bringing the company’s total amount raised to $15 million. Craft Ventures led the round, with participation from Felicis Ventures as well as Amplo VC. The company reported in 2021 an 800% year-over-year increase in customer end user […]