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Baker raises $1.6 million to help marijuana dispensaries get customers in the door
The average seed round in the nascent cannabis industry in the U.S. hovers around $1 million, according to hemp and cannabis-focused investment research by Poseidon Asset Management. But Denver-based Baker Technologies Inc. has raised $1.6 million in seed funding for software that helps marijuana dispensaries win new customers, eliminate long lines in stores, and retain and reward their… Read More
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Spotify follows Discover Weekly with personalized new releases playlist
Spotify is doubling down on its strategy to beat Apple Music with big data-driven personalized playlists like Discover Weekly — a huge hit that saw 40 million users in its first year. Today it launches Release Radar, a 2-hour algorithmically personalized playlist updated each Friday that features newly released songs from artists each user already listens to. Read More
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What can happen when mortgage lenders become VCs
It’s difficult for tech workers and it’s even more difficult for those not touched by the modern gold rush. One mortgage originator, Opes Advisors, is incorporating restricted stock units (RSU) and private shares to make it easier for techies to move from incubator to nest egg. But what appears helpful to a population that sees housing prices moving out of reach could actually… Read More
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Mobile app search company Quixey raises $30M in debt funding
Mobile search company Quixey has raised an additional $30 million in debt funding.
The company touts its ability to help users find content within their apps. More recently, it says it has developed technology that can take you straight from the search results to personalized actions like showing nearby friends in Facebook or bringing up your own playlist in Spotify. Read More
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In-app marketing startup Insert raises $10M
Insert is the new startup from the team behind app development company Worklight (which was acquired by IBM for $70 million). Today it’s announcing that it has raised $10 million in Series A funding. Insert CEO Shahar Kaminitz said that where Worklight (where he was founder and former CEO) was focused on “the core development of the application,” he’s come to realize… Read More
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Elation Health receives $15M to take another crack at electronic health records
Kyna and Conan Fong were at dinner trying to convince their father, who ran a medical practice, to try something different than just keeping paper records. There’s a good reason for that — they’re slow, they’re hard to transfer and share (often requiring paper delivery or faxes), and there’s a lot of information that can be lost along the way. But despite that being… Read More
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Network analytics startup Kentik pulls in $23M Series B
In a beacon of hope for onlooking founders, Y Combinator reject and network analytics startup Kentik Technologies locked down a $23 million Series B this morning. Let’s be honest — most of us don’t know anything about network infrastructure. Fortunately for most of us, we can afford not to know. For internet service providers and companies making use of a large number of… Read More
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Homebase raises $6 million to make hourly work easier to manage for local businesses
From rising rents to online competitors, local stores and restaurants face enough challenges outside of their own doors that basic stuff like scheduling employees’ shifts and breaks should feel easy. But that process is still, too often, a mess of paperwork and data entry. A startup called Homebase has raised $6 million to make hourly work much easier to manage for every business on… Read More
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Splice launches rent-to-own pricing model for software synths
One by one, most software has succumbed to the cloud; Designers have Adobe, gamers have Steam, programmers have GitHub and now musicians have Splice. Splice is launching a rent-to-own pricing model for software synths. Starting today, musicians will be able to use Serum from X for Records, to their hearts content without any upfront fees. The company likes to call their service a rental,… Read More
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Let’s meet in Columbus, Ohio, next week
This is going to be fun. I’ll be in Columbus, Ohio, next week, Wednesday, August 10, and I’ll be holding a night of pitches and open mic shenanigans so bring your guitar. The event will be at O’Toole’s 4796 W Broad St, right off I-270.
We’ll start at 7 p.m. sharp with pitches, so get there after work. And at 8 p.m. we’ll have an open stage with live music… Read More
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