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 […]
Author: Editor
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 […]
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, […]
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 […]
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 […]
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 […]
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. […]
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 […]
Dow Jones Launches Print Magazine for Mansion Global
While many magazines are going online only, Dow Jones is doing the opposite with Mansion Global. The Wall Street Journal publisher has launched a print magazine this month based on its popular luxury real estate website. The first issue of Mansion Global magazine appeared in the March 19th edition of Barron’s magazine, polybagged with the […]
Glossier Secures $52 Million Funding
NEW YORK — Beauty company Glossier Inc., has raised a $52 million Series C funding round, bringing its total funding to date at $86 million. This new round was led by existing investors IVP and Index Ventures. Glossier is best known for its proprietary portfolio of top-rated products across the skincare, makeup, body, and fragrance […]