A New York Native Returns: Catching Up with VC David Aronoff

By Connie Loizos — 3 years ago

For years, David Aronoff has been trying to move from Boston back to his native New York. Three months ago, the venture capitalist, who has long focused on enterprise and infrastructure companies – first for Greylock Partners and, since 2005, for Flybridge Capital Partners – managed to do just that. He insists that it couldn’t be a better time to make the leap, too.

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SimpleTuition Acquires Online Textbook Marketplace ValoreBooks

By Angela Sormani — 3 years ago

SimpleTuition, a provider of interactive tools that help students save on college-related expenses, has acquired ValoreBooks, an online textbook marketplace which offers discounts on new and used textbooks as well as rentals. SimpleTuition is headquartered in Boston, Mass, and is funded by Atlas Venture, Flybridge Capital Partners, and North Hill Ventures. PRESS RELEASE SimpleTuition, Inc., […]

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Flybridge Capital Partners Boosts New York Team

By Angela Sormani — 3 years ago

Flybridge Capital Partners has expanded its New York City offices with several new apointments. Matt Witheiler, a principal with the firm previously based in Boston, has moved to New York joining general partner David Aronoff who established the firm’s New York City office earlier this year. in additions, Caitlin Strandberg, who previously worked in business […]

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Predilytics Raises $6m For Healthcare Analytics

By Angela Sormani — 3 years ago

Predilytics, a healthcare data analytics and services company, has raised $6 million in a Series A financing led by Flybridge Capital Partners and Highland Capital Partners with strategic investment from Google Ventures. As part of the round, Michael Greeley from Flybridge Capital Partners and Bob Higgins from Highland Capital Partners have joined the company’s board […]

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Sand 9 Inks $23m Series C Led by Intel Capital

By Angela Sormani — 4 years ago

Sand 9, a MEMS technology company developing precision timing products for wireless and wired applications, has raised a $23 million Series C financing round led by Intel Capital with significant participation from Vulcan Capital. Existing investors Commonwealth Capital Ventures, Flybridge Capital Partners, General Catalyst Partners, Khosla Ventures and CSR also joined the round. Founded in […]

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FirstBest Systems Raises $10M From Flybridge, NewSpring, Brookstone, Verisk

By Mark Boslet — 4 years ago

FirstBest Systems said it raised $10 million in funding in a round led by NewSpring Capital and joined by Verisk Analytics, Brookstone Partners and Flybridge Capital Partners. NewSpring General Partner Michael A. DiPiano has joined FirstBest’s board. PRESS RELEASE Insurance Software Provider FirstBest Systems Closes $10 Million in Growth Financing  NewSpring Capital Leads New Round to Fuel […]

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FirstBest Nabs $10M Round

By Jonathan Marino — 4 years ago

FirstBest Systems, Inc., the Massachusetts-based software provider for insurers, completed $10 million in funding from investors including NewSpring Capital, Verisk Analytics, Brookstone Partners and Flybridge Capital Partners. Michael DiPiano, general partner with NewSpring, will join FirstBest’s board. PRESS RELEASE: Insurance Software Provider FirstBest Systems Closes $10 Million in Growth Financing NewSpring Capital Leads New Round […]

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Stormpath Inks $1.5m Seed Funding

By Angela Sormani — 4 years ago

Stormpath has raised $1.5 million in seed funding. The company is building anidentity access control service for cloud and enterprise applications. Investment firms Flybridge Capital Partners and New Enterprise Associates led the round. Angel investors include Andy Rachleff, CEO of Wealthfront and co-founder of Benchmark Capital, and Len Lehmann, investor and former chairman of Global […]

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SavingStar Inks $9M Round

By Staff Report — 4 years ago

Waltham, Mass.-based SavingStar, which allows users to link to special grocery store savings via mobile devices, has raised $9 million in Series C financing led by venture firm DCM. Flybridge Capital Partners, First Round Capital, IA Ventures also contributed to the round. PRESS RELEASE SavingStar, the only national fully digital grocery savings service, announced today […]

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Michael Greeley: Ring Out the Old Year

By Michael Greeley — 4 years ago

On the heels of the fundraising data for 2011, PricewaterhouseCoopers and the NVCA released the 4Q 2011 and full year VC investment data. It was yet another year when VC’s invested ($28.4 billion in 3,673 companies) meaningfully more than we raised ($18.2 billion by 169 funds) – and as I have said in the past, […]

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Simpson to BlueTarp as CEO

By Jonathan Marino — 4 years ago

BlueTarp Financial, the financial services firm dedicated to building materials professionals, has named Scott Simpson its new CEO. BlueTarp is based in North Carolina with operations in Maine. The startup is backed by Flybridge Capital Partners, Highland Capital Partners, Trinity Ventures and Village Ventures.

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Slideshow: Cloud Cos–the Undergrad Class

By Jonathan Marino — 4 years ago

Everyone knows cloud tech, storage, this & that, has come to the forefront of the consumer economy and many VCs’ attention. Before his passing, Steve Jobs planned Apple’s iCloud strategy and every streaming entertainment company is trying to host as much as they possibly can remotely—to say nothing of the enterprise possibilities for the space, […]

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PatientKeeper Adds $6M

4 years ago

Waltham, Mass.-based PatientKeeper Inc. has raised $6 million in growth capital from shareholders Flybridge Capital Partners, New Enterprise Associates and Whitney & Co. The company, a provider of physician healthcare information systems, said it will use the new money for continued development, and expansion of its professional services organization.

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Tracelytics Launches with VC Backing

4 years ago

Having sealed venture financing from Battery Ventures, Flybridge Capital Partners and Google Ventures, Tracelytics has launched its application performance management software-as-a-service. The company, which is also backed by undisclosed angel investors, did not release details of its funding. Tracelytics is based in Providence, R.I.

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What Is Going On Out There?

By Michael Greeley — 4 years ago

The third quarter venture funding stats were released today by National Venture Capital Association (I am on the NVCA Executive Committee so am a big fan of their data) – always makes for entertaining reading. It is a little bit like looking for clues, especially in this market to help explain what the hell is going on out there. ..

The overall investment pace was quite impressive given that the quarter included a wild August in the stock market and the vacation slow down; investments totaled $6.95 billion in 876 deals. In 2Q11 there were 1,015 deals which raised $7.88 billion but in 3Q10 there were only 850 deals which raised $5.31 billion, well-below this past quarter. It feels like the VC industry is on pace to invest close to $28 billion this year, which continues to baffle me as VC’s will struggle to raise $15 billion in new funds. This will be the third consecutive year when the industry invested meaningfully more than it raised. That will probably end badly.

Couple of interesting observations I pulled out of the data with my calculator…

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Crashlytics Nabs $1M Round

By Jonathan Marino — 4 years ago

Flybridge Capital Partners and Baseline Ventures provided Massachusetts-based Crashlytics with a $1 million seed funding. The company provides crash-reporting solutions to mobile developers to pinpoint performance issues.

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33Across Adds Three Execs

By PEHub Administrator — 4 years ago

33Across, a New York-based social targeting platform whose technology tracks possible customers among friends, has hired three new executives: Sachin Devand, Carine Roman, and Pedro Mejia. which provides technology to track possible customers among friends. Devand, who joins as VP of Platform Products, was previous VP of Advertising Products at LucidMedia. Roman, now the company’s […]

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Redpoint, Accel Back Shoes4you

4 years ago

Redpoint Ventures and Accel Partners have put an undisclosed amount into Shoes4you, a fashion brand in Brazil that sells its collection via monthly online subscriptions. The Series A round will help the fund the company’s September launch and will bolster efforts to expand its customer base. The company has also raised financing from Flybridge Capital Partners.

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