Online family history resource Ancestry.com has acquired San Francisco-based startup 1000memories. Founded in 2010, 1000memories makes it easy to digitize and share photos and stories from the past. The business was funded by angel and institutional investors, including Greylock Partners, Y Combinator, SV Angel, Founder Collective, and Lowercase Capital.

Grishin Robotics has made a $250,000 investment into Double Robotics, a recent graduate from Y Combinator. The business builds telepresence robots. Current customers of Double Robotics use the product for teleconferencing, security surveillance, real estate and museum tours, healthcare, presentation purposes and many others.

YourMechanic said it raised $1.8 million in seed funding from investors including Y Combinator, Yuri Milner, Ashton Kutcher, SV Angel, CrunchFund and SoftTechVC. The Mountain View, Calif., company is developing a mobile car repair service. PRESS RELEASE YourMechanic Launches to Bring the Mechanic To You Company Announces $1.8 Million in Seed Funding (San Francisco, CA) [...]

Facebook stock is likely an attractive long-term buy, Y Combinator might be seeing stress signs from its expansion, and Greylock Partner’s Discovery Fund is now three-quarters through its $20 million in capital. So says Reid Hoffman.

More than you might expect, Y Combinator’s current crop of demo day companies addressed real problems experienced by real people.

San Francisco-based startup ClassDojo has launched out of beta an announced it has raised $1.6 million in seed funding. The company, which says it already has 3.5 million teacher and student members on its site, helps teachers manage student behavior using game mechanics. Investors include Paul Graham of Y Combinator, Ron Conway of SV Angel, [...]

Paul Graham is warning Y Combinator companies that they should conserve cash because it will be difficult to raise venture capital in the wake of Facebook’s problematic IPO, according to an email posted on Y Combinator’s Hacker News site.

GoCardless, an online payment platform is launching PayLinks, a product that enables any person to collect one-off, regular and pre-authorised payments online via a shareable link. GoCardless is backed by Y Combinator, Accel Partners and Passion Capital. PRESS RELEASE GoCardless, an innovative new online payment platform backed by Accel Partners, is launching PayLinks, an easy [...]

Onine financial service FutureAdvisor, has launched. The company helps people get the most out of their investment portfolios. Based in Seattle and a Y Combinator funded company, FutureAdvisor is backed by Sequoia Capital and angel investors, Square’s chief operating officer, Keith Rabois and Yelp founder Jeremy Stoppelman. PRESS RELEASE FutureAdvisor, a company who believes financial [...]

GoCardless, the London-based maker of an online payment platform, has raised $1.5 million from Accel Partners, Passion Capital and YCombinator. The capital will help build the GoCardless team and help expand its merchant base, the company said. PRESS RELEASE GoCardless, an innovative new online payment platform, launches publicly today and announces initial funding led by [...]