NYC startups raised over $418M in November. Here are the top 5 rounds.

by Taylor Majewski
December 1, 2016

New York City startups saw another strong month for raising venture capital in November. Although things cooled down a bit since October, New York tech companies raised over $418 million this month. Here’s a look back at the top five rounds.

 

4. Catchpoint Systems, $22 million, November 4

Investors: Sapphire Ventures and Battery Ventures

Bio: Catchpoint’s platform provides performance insights on its customers’ digital experience in order to boost overall business performances for companies.

News: The company plans on using the new funding to expand its product development and global go-to-market strategies.

 

1. BuzzFeed, $200 million, November 21

Investors: NBCUniversal

Bio: BuzzFeed is a digital publisher that provides ultra-shareable breaking news, entertainment stories and video content across the social web to a global audience.

News: BuzzFeed plans on using the funding to deepen its strategic partnership with NBCUniversal within its ad sales stack. BuzzFeed quietly acquired Scroll last month, marking the company’s foray into e-commerce.

 

3. Zola, $25 million, November 22

Investors: Lightspeed Venture Partners

Bio: Zola is a digital wedding gift registry aiming to take on traditional registry outfits such as Macy’s, Williams-Sonoma and Amazon. The platform lets couples build personalized pages, and includes features such as group gifting and virtually exchanged gifts.

News: This new financing comes only a year after Zola’s last round of $10 million, which the company used to grow its flexible and customizable, registry experience.

 

2.  xAd, $42.5 million, November 14

Investors: Emergence Capital Partners, IVP (Institutional Venture Partners), W Capital Partners, and Eminence Capital LLC

Bio: xAd is an ad network that shows ads in apps and mobile web pages based on your location.

News: Along with the new funding xAd also acquired popular weather app WeatherBug.

 

5. AdvisorEngine, $20 million, November 18

Investors: Wisdom Tree Investments

Bio: AdvisorEngine is a next generation wealth management platform.

News: With the new funding, Advisor Engine will enter a strategic partnership with Wisdom Tree Investments to actively introduce the platform to a deep distribution network. AdvisorEngine is also the new name for the company formerly known as Vanare, which rebranded with the new financing.

 

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