Memphis Startup: Xtrant Named Official Project Management Tool For Everywhereelse.co The Startup Conference

Xtrant, Memphis startup, everywhereelse.co the startup conference, startup newsProject management is an integral part of every startup and every startup conference. Often times founding teams are bogged down with multiple tasks. Without an effective project management solution, things can get chaotic quickly.

There are several project management tools out there like Basecamp and Asana however we found a new project management startup called Xtrant that allows collaboration, cloud based file storage and an extremely easy work flow. Xtrant is based in Memphis TN home to the everywhereelse.co The Startup Conference event.

Xtrant has a freemium model so it’s easy to sign up for an account and you simply pay to get more storage.

The startup was founded by James Sposto of Sposto Creative. It’s been evolving for the last 10 years and started as an internal tool that Sposto and his company used for managing web development, marketing and advertising projects. The different levels of access allowed them to share creative with their teams and important, more confidential information like contracts with the key stakeholders, a feature that’s made it into the public release.

Xtrant is in public beta at the moment but will officially debut at everywhereelse.co The Startup Conference. You’ll be able to find Xtrant on the conference level with our top tier sponsors like Baker Donelson, Archer Malmo, Startup America and others.

We’re also privy to some important, and cool information, you should sign up for Xtrant now. In the coming weeks we will have an official “everywhere else” project in the Xtrant system where attendees, and startups in the Startup Village can win cool prizes.

Xtrant will be hosting a few cool events as part of the conference so stay tuned for those details as well.

Linkage:

Check out Xtrant online here

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Accelerate MSP To Fund Up To 10 Twin Cities Startups

Accelerate MSP, Minneapolis startups,funding, startups

St. Paul Mayor Chris Coleman (photo: business journal)

The Minneapolis /St.Paul twin cities region is about to get another non profit aimed at funding startups. St. Paul Mayor Chris Coleman announced the new “Accelerate MSP” initiative before an audience of a few hundred at the St. Paul Regional Economic Development Forum in Minneapolis.

Accelerate MSP will “…help fill a critical need for seed and early-stage funding at the valley of death stage in commercialization,” Coleman said.

The new group plans to fund early stage startups with a seed investment anywhere between $50,000 and $500,000 dollars. They plan on funding 10 startups per year.

To date the new organization has raised $200,000 with another $150,000 request pending. Accelerate MSP has received funds from The City Of St. Paul, The Minnesota Department of Employment & Economic Development, the McKnight Foundation, Saint Paul Foundation, Surdna Foundation and the US Department of Commerce.

Ernest Grumbles, Tom Kieffer, Brad Lehrman, Joy Lindsay, Steve Mercil and Jay Schrankler and make up the founding board for Accelerate MSP. They plan on hiring a CEO early next year that will help administer the fund.

Linkage:

Source: Minneapolis St. Paul Business Journal

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Merry Christmas Instagram: Facebook’s Mobile Photo App Hit With Class Action Lawsuit

Instagram, Terms of service, Class Action lawsuit, startup,startup newsWhile millions of people across the world were preparing for Christmas and undoubtedly filling their Instagram feeds with pictures of carolers, cooking, food, presents and of course Santa Claus, A woman from San Diego, Lucy Funes, and the law firm of Finklestein & Krinsk launched a class action lawsuit against the photo giant.

Instagram quickly found themselves under fire from irate users. Even some of their more infamous users like Kim Kardashian said they would quit using the service. National Geographic had taken down their Instagram feed. All of this stemming from a change in Instagram’s Terms of Service (TOS). You know those long legaleeze pages that you just automatically agree to so that you can start using an app.

In the originally changed TOS Instagram had basically said that they could use your photos for whatever they want without compensation. They also said they may choose to advertise alongside your photos, they didn’t have to tell you and you wouldn’t make any money from it. Of course, whether or not you agree with these terms, no one forces you to use their product. All the while, if you do, you’re making an agreement to abide by their terms.

Nevertheless, Instagram founder and CEO Kevin Systrom went ahead and back pedaled on the parts pertaining to copyright and using a users photos. The language about advertising remained in place.

Funes, most likely started the ball rolling for her class action lawsuit before Systrom apologized and changed the terms of service again, however the suit was filed.  The lawsuit says customers who don’t agree with Instagram’s terms can cancel their profile but forfeit the rights to photos they previously shared on the service.

“In short, Instagram declares that ‘possession is nine-tenths of the law and if you don’t like it, you can’t stop us,'” the lawsuit says.

Instagram catapulted to fame over the last few years. They were acquired by Facebook in early 2012 for what was believed to be a cash/stock deal worth $1 billion dollars at the time it was announced. Because of Facebook’s decline in stock valuation the deal is only worth about $715 million dollars now.

With the long holiday weekend it’s hard to tell if Funes will still push forward with the lawsuit since the new TOS language doesn’t lay claim to a users photos the way it previously did. We’ll hopefully find out more shortly.

The holidays are a big time for Instagram. They may see a little downtrend this year partially caused by users unsure of what’s happening with the Terms of Service and also because their sharing via Twitter went through a major overhaul earlier this month.

Linkage:

Source: Yahoo/Reuters

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Maryland Media Firm: Discovery Communications, Backs “Pinterest For Learning” Grockit

Grockit, Discovery Communications, Valley startup, Maryland company, funding, startup newsThe Maryland mega media firm that owns cable channels TLC and the Discovery Channel, Discovery Communications has made a financial and strategic investment into valley startup, Grockit.

Grockit has iterated several times since coming onto the scene in 2006 as a video test prep course for standardized testing. They relaunched at TechCrunch 50 in 2008 as a hybrid of test prep and a multi-player learning game.

Today, they’ve iterated again, keeping their feet firmly implanted in social learning. They’ve added a new product to the mix called Learnist, which allows teachers and students to discover, share and clip content from the web to a clipboard. Grockit’s Founder Farbood Nivi told TechCrunch that the Learnist product has seen 400% growth and doubled their user session length from 10 minutes to over 20 minutes.

While Learnist targets students in grades K-12 quickly checking out the site you’ll find that in can easily be expanded to assist with socially learning anything from K-college and beyond.

TechCrunch is reporting that the financial investment from Discovery Communications was $20 million dollars. GigaOM is quick to add that the strategic partnership includes shared technology, marketing, distribution and promotion. Of course everyone is thinking that Discovery will integrate the Learnist and Grockit technology into the web/social companion products for Discovery’s top brands.

“We think of our audience as people who are curious,” said Roy Gilbert, CEO of Grockit said to GigaOM. “We’re blurring the layer between things I need to learn in the classroom – common core [content] – and general nonfiction media. People are coming to the internet, not just to do differential equations but to learn about what’s going on in Syria.”

Linkage:

Checkout Grockit here

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Chicago Startup: ParkWhiz Raises $2 Million, Parking Startups Are Hot In Chicago

Parkwhiz,Chicago startup,funding news,startup news,startupsMonday we reported that Chicago parking startup SpotHero had raised $2.5 million in funding. That was big news for the ExcelerateLabs alumni that’s currently working out of 1871. Now, we’ve heard that another Chicago parking startup called ParkWhiz has raised $2 million dollars.

ParkWhiz’ funding round was led by Hyde Park Venture Partners. Hyde Park Angels, Amicus Capital, Alexis Ohanian, Garry Tan, Henry J Feinberg, and Amreesh Modi also participated in the investment, according to builtinchicago.com. Ohanian is the co-founder of Reddit and Tan is a partner at Y Combinator.

ParkWhiz has been around a little longer than Chicago rival SpotHero. They originally came on the scene in 2006 and in the past 6 years have generated over $10 million in parking revenue to operators. They also have access to over 3 million parking spaces.

One of ParkWhiz’ major success stories is the partnerships they’ve formed with organizations that are key in the big event space. ParkWhiz is partnered with StubHub, Ticketsnow, several NFL and NCAA teams and other sports and entertainment venues.

“This financing allows us to realize our next stage of growth, beginning with the hiring of 20 additional employees,” said Aashish Dalal, CEO and co-founder of ParkWhiz said in a statement. “The wealth of knowledge and experience of our new board members will help us aggressively deliver unique capabilities to our customers and further solidify our position as the market leader.”

More than 1 million people have used ParkWhiz.com, the largest, fastest growing, online parking reservation company in the U.S. ParkWhiz allows users to compare price, location and amenities. Drivers may reserve special event parking and purchase discounted downtown parking at up to 80% off drive-up rates. The company works with over 2,000 parking lots nationwide, giving customers access to over 3 million parking spaces. ParkWhiz’s national footprint has enabled them to provide parking spot inventory that far exceeds their closest competition.

Joining co-founder Aashish Dalal on the company’s board will be Ira Weiss of Hyde Park Venture Partners and Henry J. Feinberg, former partner at Technology Crossover Ventures, the world’s largest technology oriented Venture Capital firm. Mr. Feinberg is currently the Chairman of Maxim Revenue Management Solutions.

“ParkWhiz offers a transformational service for finding optimal automobile parking,” said Henry J. Feinberg. “ParkWhiz will change how consumers and parking lot owners and operators do business similar to how Expedia changed travel, Netflix changed entertainment and Zillow changed real estate.”

Linkage:

Find ParkWhiz Here

BuiltinChicago Here

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Dave McClure, The King Of Everywhere Else, Makes First German Investment: Versus IO

Dave McClure, 500startups, Versus IO, German startup,startup,startup newsWhile here at nibletz we are the “voice of everywhere else” Dave McClure, Sith Lord at 500 Startups and founder of Geeks on A Plane, is the reigning king of “everywhere else”, to prove that his first investment in a German startup has just been revealed. McClure has invested $100,000 in comparison platform Versus IO.

We’ve been covering the German startup since earlier this year and even had the opportunity to interview their CEO Ramin Far, earlier this month.

Versus IO in it’s simplest form is a comparison engine that allows  you to compare two different things side by side. With Versus IO you can compare gadgets, electronics, and even cities. They are quickly ramping up to having 640 different comparison verticals.

It’s not just a “hot or not” style comparison either, for instance in their cities comparisons they use over 100 different factors including: education, crime rates, climate, infrastructure, safety, economy, business, culture, people and a whole lot more. What makes the platform truly unique is the fact that they aren’t in the business of selling things so there’s no chance that the comparison’s get skewed over things like price, discount and offer.

“We’re extremely excited about the investment from Dave and the role he will play in helping to take VERSUS IO to the next level in terms of what we offers users and the direction of the business”,  Far, said in a statement. “Dave’s experience of working with growing companies will be invaluable for us moving forwards. 2013 has the potential to be huge for us to be even more successful than 2012 has been.”

This $100,000 investment is the first for McClure in a German company and it appears that it’s separate from the 500startups fund.

Linkage:

Check out VersusIO here

Here’s Dave McClure’s blog

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Boston Military Startup: RallyPoint Raises $1.55 Million

Rallypoint, Boston startup, Military startup,startup,startup news

RallyPoint co-founders Yinon Weiss and Aaron Kletzing (photo: time.com)

A Boston startup called RallyPoint has just announced that they’ve raised $1 million dollars from angels in Boston, Washington DC and London reports the Boston Business Journal.

The military focused startup bills itself as “LinkedIn for military”. Currently serving members of the armed forces can create an individual profile and grow their professional network within the military. It’s a great way to connect service men and women with others they may have served with at different bases and on different tours. It’s also a great way to keep up with those folks as service men and women move about the country and around the world.

RallyPoint officially launched on Veterans day with a warm reception across the country. In fact, there’s been a major push to encourage military men and women to become entrepreneurs and launch their own startups.

Earlier this year Techstars held a “Patriot Bootcamp” in Washington DC which recruited military men and women to have a three day crash course in entrepreneurship and starting up at Georgetown University.

Startup America also launched a veteran’s initiative on Veterans day, spearheaded by a leadership team which includes veteran and Apprentice 2 star Kelly Perdew alongside other influencers in the military startup community.

Since launching earlier this year RallyPoint has raised a total of $1.55 million dollars. They raises $550,000 prior to launch back in April. In October they won $100,000 as part of the MassChallenge program and now they’ve raised another $1 million dollars.

“Some of the new investment funds will help us spread the word to active U.S. military personnel about RallyPoint’s value proposition, accelerate RallyPoint member acquisition, and also expand our efforts to partner with trusted employers, academic institutions, and brands to connect them more precisely and cost effectively with the right service members at the right time,”  RallyPoint CEO Yinon Weiss told the Boston Herald.

 Linkage:

Check out RallyPoint here

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Durham Name Your Price Startup BuyStand Raises $450,000 Looking To Raise $2M More

Buystand, Durham startup, NC Startup, Startup NewsDurham startup, BuyStand, that is brining the name your price, Priceline, model to retail buying has just raised $450,000. WRAL Techwire is reporting that the company is looking to raise $2.5 million dollars in a mix of debt, options and warrants.

They’ve also added a new CFO, Charlie Farrell, who was most recently a financial executive at Edmunds.com

BuyStand is the latest startup from North Carolina serial entrepreneur, Joe Davy, His most recent startup EvoApp failed, of course as any good founder and entrepreneur knows failure leads to success. Failing fast is just one of the methodologies entrepreneurs in 2012 live by.

BuyStand is completely different than Davy’s previous startup.

For concept demonstration purposes Davy used one vertical market, outdoors. Obviously the platform will work for any retail good but outdoors was a great place to start.

As you can probably imagine, reading this far, BuyStand takes the “name your price” concept and applies it to outdoor goods. Whether you’re looking for the latest running shoes or the best all terrain jacket or back pack, you’ll find it at BuyStand. But you won’t find a typical priced out click through e-commerce portal.

With BuyStand the user selects the item that they want, names the price they’re willing to pay and then BuyStand sets that payment aside. Once a buyer has named a price, the BuyStand system lets the buyer know they have a taker and from there the “bid” is either accepted or rejected. If the “bid” (price) is accepted than BuyStand pays the vendor and the buyers product is shipped to their home.

It’s a two click process, name your price and click.

Davy says the need for BuyStand arises from the fact that buyers waiting for items and buying them second hand, used or “off the truck” at sites like e-Bay and Craigslist account for $200 billion dollars in lost profit.

“BUYSTAND solves this problem by eliminating the price and creating an open, efficient, free market.” Davy told the CED Start Something Blog.

Davy joined BuyStand as CEO in September. The startup was originally launched by Ted Kraus in 2011.

Linkage:

Find BuyStand on the web here

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Philly Startup SnipSnap Reaches 350K Users For Mobile Couponing App That Works

SnipSnap,Philly startup,startup,startup newsWe started using Philadelphia startup SnipSnap’s mobile couponing app after we saw it at TechCrunch Disrupt NY back in May.Just prior to Black Friday, we had saved over $500 using the app.

SnipSnap app allows you to clip actual printed coupons, take pictures of them and then save them, share them, or both within the app. You can find deals from just about every major retailer, food chain and even several regional businesses within the app. Perhaps the best thing we like about SnipSnap app is that you see coupons from all over the country. As you may know, sometimes a coupon for a retailer may be different in one part of the country than it is in another.

While it’s explicitly explained to app users that these photographed mobile coupons may not work every time, there is a rating system that allows users to share how successful they were. As more and more retailers embrace mobile, more and more businesses are accepting coupons on smartphones. We rarely get turned down these days and we’ve used SnipSnap at ToysRUs, Old Navy, Best Buy, PetCo, Burger King, and Sephora just to name a few.

We first reported on SnipSnap back in May at TechCrunch Disrupt NYC. We were so excited about it that we published this story from TechCrunch Disrupt before founder Ted Mann has even had a chance to finish his onstage pitch. We also immediately got this interview with Mann, when he made it back to his startup alley booth.

By June 2012 the app had reported 150k users and most recently, Betakit has reported that SnipSnap has over 350k loyal users.

“We grew pretty quickly and we’re just now trying to get everything to the place where it can turn from an app with a few hundred thousand users to a few million users,” Mann said in an interview.

In addition to the apps clipped by the user community, SnipSnap has partnered with seven major retailers including; Sears, Aeropastle and KMart which allows SnipSnap to display their store coupons.  The app doesn’t currently cover manufacturers coupons but Mann is reportedly working on that feature.

One of the other main features of the app is that it serves up coupons that are relevant to you and it also uses your geolocation to remind you that you have coupons clipped for stores nearby.

Since launching last spring SnipSnap 4.5 million coupons have been saved in the app. 470,000 coupons are original coupons uploaded by the apps user base.  They’ve raised $1M in seed funding and plan on a Series A round early this year.

Linkage:

Download Snip Snap here

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With A Little Help From Brad Feld, Montana To Host First Startup Weekend

Startup Weekend Missoula, Startup Weekend, Montana Startup,startup, startup newsSure Montana isn’t the first state that we think about when talking about startups and startup communities, but obviously there is something going on there as well. The most exposure many “techies” have gotten to Montana was the episode of Big Bang Theory where Sheldon Cooper runs away to Bozeman Montana after his apartment is robbed.

Well according to Bob Clay, the lead organizer for Startup Weekend Missoula, and the CEO of SameSky Systems, he personally accepted a challenge from startup community evangelist Brad Feld, when Feld was speaking at a Montana Programmers Meetup over the summer.  Feld told the programmers that they should do a Startup Weekend event in Montana. A week later, Clay reached out to Feld who then put him in touch with Startup Weekend CEO Marc Nager.

Startup Weekend is the Kauffman Foundation backed, “official” three day hackathon event to build companies. During a 54 hour period beginning Friday evening and running through Sunday evening, founders, entrepreneurs, coders, developers, business development people and others pitch ideas for companies and than work all weekend to make viable business models.

The Startup Weekend organization has put on or helped facilitate hundreds of Startup Weekend events across the country and around the world.

Greg Gianforte, the founder of Right Now Technologies, a startup that sold to Oracle for $1.8 billion, will be the keynote speaker for Startup Weekend Missoula on January 18th.

Registration will begin on Friday evening at 6:00pm at The Life Long Learning Center, 310 Curtis Street, Missoula MT 59801. That will be followed by great networking dinner where attendees will be able to size up the competition and the possible teammates for the weekend.  The Keynote presentation will begin at 7:15pm. At around 8:00pm the “Friday Night” pitches will begin. We’ve covered a lot of startup weekends and you can see plenty of Friday night pitches here at nibletz.com.

The Friday night pitches are 60 seconds and hard timed by a Startup Weekend official. In that 60 seconds you need to sell the audience your idea and why it should be built over the next 53 hours.  After everyone who wants to pitch has been given the opportunity, community voting will commence. It’s a rather diplomatic process. Usually the pitchers will hold up a sign with their startup name on it and attendees will put a sticker on the idea they like the best. At the end of the process, those with the most stickers will have their ideas developed.

Friday evening typically tops off with team selection and then some icebreaker time with the teams. From there the teams break off and start working on the startup idea.

Saturday, the community coaches come into play. These seasoned entrepreneurs and local business folks are there to help answer questions for each team and provide ideas and suggestions. The coaches for Startup Weekend Missoula are; Michael Fitzgerald, CEO of Submittable; Wes Hunt, Founder of Armigent; Jason Lengstorf, Senior Developer, Copter Labs; Trevor Loy, General Partner, Flywheel Ventures; Clyde W. Neu, Venture Partner; Doug Odegard, Consultant & Software Engineer; and Harold Shinsato, Senior Software Dev Engineer, SAP.

Saturday is also the day that most teams take to the streets, the phones, the emails and the interwebs to get customer validation on their startup project. All the while designers, developers and coders are working on pitch decks, wire frames, prototypes and products.

Sunday is the day the teams put the finishing touches on both their products and their presentations. At 5:00pm and not a second later, the selected teams will have five minutes to pitch their idea and have a brief Q&A with the judges. Startup Weekend Missoula judges have not been announced yet.

Linkage:

Find out more about Startup Weekend Missoula here

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LockerDome The Hottest Startup In St. Louis

LockerDome, St. Louis startup,startup,startup newsSports social networking startup LockerDome is the hottest consumer facing internet startup in St. Louis and probably the hottest sports startup period. The social network that allows anyone at any age to build a profile at their level, continues to grow at a rate reminiscent of a Silicon Valley startup.

Just two weeks ago we reported that LockerDome, founded by Gabe Lozano, had surpassed 3 million monthly unique visitors. Now they’re reporting that they’ve topped 4 million monthly unique visitors (MUV).

LockerDome continues to grow at a rate of 14% week over week since their launch in January of this year. They passed the 1 million mark in June, two million in early October, three million in late November and now four million.  LockerDome experienced more growth on one single day in December than it did in the first 12 weeks of the year combined (5.6%).  At the pace they’re at they are poised to be a top 10 most visited sports site within the next 12 to 18 months.

Their growth is fueled by the fact that LockerDome allows anyone to jump on the platform wherever they’re at in their sporting life. Founder Gabe Lozano explained to us back when we toured the LockerDome offices earlier this year, that everyone has three basic lives, work life, personal life, and for many, sports life.

Whether you’re the parent of a child playing tee-ball or 5-6 year old basketball, a semi pro baseball player or even a pro athlete you can join LockerDome and become part of your teams network and the network of other teams, including professional teams and players that you’re a fan of.

LockerDome is designed to be the one single sports social networking destination for their user throughout their entire sporting life. If someone starts out as a young tee-ball player and in 15 years becomes a pro baseball player, the network is robust enough to grow throughout that career. If a pee wee football player plays college ball and then becomes a coach, LockerDome can handle that path as well.

Even if after playing in a competitive city league and ending your sporting career, you can continue on with LockerDome as a fan, keeping your entire sporting life history in your profile.

Pro Athletes including Memphis Grizzlies’ Rudy Gay, six time PGA Tour Winner Dustin Johnson and NFL All Pro Larry Fitzgerald are all participants in LockerDome.

“Every professional athlete needs to be on LockerDome. By leveraging LockerDome as the social media hub for my personal brand, I’ve been able to better engage my fans and grow my entire social presence across Facebook, Twitter, and LockerDome,” said Larry Fitzgerald, All-Pro NFL wide receiver with the Arizona Cardinals. “From a content standpoint, I use LockerDome not only to host unique fan giveaways, but also as a daily source to post behind the scenes, interactive content.”

“This is just the tip of the iceberg for LockerDome. As explosive as LockerDome’s growth has been in 2012, we will undoubtedly be even more dominant in 2013,” commented Gabe Lozano, co-founder and CEO of LockerDome. “The overwhelming demand for LockerDome by professional athletes, media partners, brands and the targeted audiences these publishers reach, and the subsequent meteoric growth from that demand, is a clear indication that the LockerDome platform will only continue to strengthen.”

Linkage:

 Sign up for LockerDome here

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DreamIt Ventures Philadelphia Graduates 15, Here’s A Song About it

DreamIt Ventures, Startup Accelerator, Startup, Startups, Philadelphia startups,startup newsEarlier this month DreamIt Ventures graduated their fall Philadelphia class. DreamIt Ventures holds accelerator programs in their hometown of Philadelphia, New York, Israel and a new program that started this year in Austin Texas.  The fall Philadelphia class was their 7th class to graduate the program.

Here’s a list of all 15 startups that pitched at Investor Day:

  • Altair Prep: An SAT tutoring service that remotely connects students with leading tutors.
  • Applique: A drag-and-drop tool for creating mobile apps.
  • Betterific: Helps you share and find ideas to improve product development.
  • Brideside: An online boutique that helps brides build up their wedding experience together with their wedding party.
  • CallGrader: Lets companies collect marketing data and analytics from phone calls.
  • Charlie: Prepares you with information about a contact before you meet up with them.
  • Cloudamize: Offers tools to help companies manage and optimize their cloud services.
  • FlagTap: Helps websites increase user engagement, and tells them exactly what their visitors are doing.
  • Mor.sl: A combined recipe and grocery delivery service.
  • NinjaThat: An online marketplace that lets businesses outsource tasks to students.
  • PeerActive: Brings together game dynamics with e-commerce.
  • Spruceling: An online marketplace for parents to sell their kids’ used clothes.
  • TrendBent: A personal style engine for men.
  • Vizy: Lets you record and store virtual memories in physical places.
  • ZenKars: Offers a peaceful online marketplace for buying used cars.

Philadelphia’s class ended demo day with a song. Check out this awesome video below courtesy of TechnicallyPhilly’s YouTube Channel.


Linkage:

Check out DreamIt Ventures here

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Boston Startup Pingup That Allows Consumers To Text Businesses Raises $4M

Pingup,Boston startup,startup newsA Boston area startup called Pingup aims to help cure the frustration from dealing with customer service agents and being put on hold by resorting to text messages. PingUp allows consumers to text businesses messages pertaining to their accounts and the nature of the company’s business.

For example, a cable company could use PingUp to allow their customers to text simple items like “Cancel HBO” or “Add Showtime” they could even go further and assist in scheduling appointments or set up a call back time so that the customer doesn’t have to wait.

The company was founded when co-founder and CEO Mark Slater had to spend an ungodly amount of time holding with his cable company for a question that required no more than two minutes to handle. It’s those kind of issues that drive call center frustration and customer frustration up.

We got a chance to interview Slater earlier this year.

PingUp has signed up over 550 businesses in the Boston area where it initially rolled out. They also have apps in both the Apple iTunes App Store and the Google Play store.

Cab companies, restaurants and service businesses across Boston have responded well to PingUp and have already implemented the service. A few different cab companies allow customers to book their cabs using PingUp rather than having to talk to a dispatcher. This of course makes it much easier to insure that the cab is going to go to the right location.

Restaurants allow customers to use PingUp to make reservations or get on call ahead seating lists. Other businesses use the service for customer service issues.

PingUp has just raised $4 million dollars in an equity round led by original investor Avalon. They plan on using the capital to expand to other markets including New York and San Francisco. PingUp already offers service in Miami in addition to the Boston area where they are based.

Linkage:

Check out PingUp here

Source: TNW

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Chicago Startup: SpotHero Raises $2.5 Million

Spothero,Chicago startup,startups,funding,startup newsA Chicago startup that was developed after the cofounders had received over $3,000 in parking tickets, has now raised $2.5 million dollars. SpotHero, an app that allows users to find parking spots on their smartphone, was well received by the city of Chicago.

At first sight the startup seems very similar to Baltimore startup ParkingPanda, however SpotHero boasts 24 hour customer support and touts that they are superserving Chicago first and building a loyal customer base before eventually branching out. Chicago seems to love SpotHero as well. Since their launch in 2011 the company reports that more than 10,000 people have used their iPhone app and website platform to find parking spots.

SpotHero’s iPhone app allows drivers to reserve parking spots on the go, something that ParkingPanda is just now having developed through MindGrub. ParkingPanda is a web based platform that allows people to book parking spots from either individuals like driveways and curbside spaces, or public lots that have extra spots to rent. Both services allow the user to pick how long and when they want to start the parking spot rental.

SportHero was part of the most recent class at Excelerate Labs one of Chicago’s thriving startup accelerators. SpotHero just recently presented at Excelerate Labs’ August demo day.

“How many times have you been frustrated by parking? We created SpotHero to solve this problem by helping drivers get the right spot with just a few clicks” says SpotHero CEO and Founder Mark Lawrence.

Battery Ventures, 500 startups, David Cohen’s Bullet Time, e.Ventures, OCA Ventuers, New World Ventures, Light Bank and Draper VC all participated in the round led by Battery.
Part of the attraction to investors is that SpotHero has already brought in over $2,000,000 in revenue to parking operators at some of the largest national parking companies.  “Our parking partners know that their customers are online and looking for convenience, that is what we deliver – while helping the lots fill their unused spaces with paying customers ” says Lawrence
Linkage: