Tech roundup: Amazon’s NYC investment, Knotel’s $60M funding, and more

All the NYC news you may have missed this week.

Written by Liz Warren
Published on Oct. 25, 2018
Tech roundup: Amazon’s NYC investment, Knotel’s $60M funding, and more
sevenrooms
image via sevenrooms

Amazon invests in NYC-based SevenRooms

NYC-based restaurant tech platform SevenRooms will soon be equipped with Alexa technology, thanks to a new investment led by Amazon. The startup will work with Amazon to integrate technology that will allow customers to make reservations and waitstaff to request assistance in the dining room. The amount raised was not disclosed. [Business Insider

 

knotel
image via knotel

Knotel raises $60M in new funding

Flexible workspace and WeWork competitor Knotel raised $60 million in a round that brings the company’s total funding amount to $160 million. The investment was led by Norwest Venture Partners, with participation from previous investor Newmark Knight Frank. The money will be used to expand into new markets and add locations in current cities in which Knotel is already established. [The Wall Street Journal]

 

bettercloud
image via bettercloud

BetterCloud welcomes new executives

SaaS operations management platform BetterCloud made four new executive hires: Kristi Faltorusso, vice president of customer success; Manuel Martinez-Herrera, vice president of legal affairs; Carlos Batista, vice president of security; and Mat Rider, vice president of marketing. The hires were made following a year of impressive growth and a $60 million funding round in 2017. [Press release]

 

domio

Domio raises $12M in Series A funding

Real estate and hospitality company Domio raised a $12 million Series A funding round to enhance its technology and scale globally. The company, which helps travelers find temporary housing in its “apartment-hotel” residences, now has a total of $66 million in funding. The Series A round was led by Tribeca Venture Partners, with participation from SoftBank Capital NY and Loric Ventures. [Press release]

 

snappy
image via shutterstock

Snappy raises $10M to give employees gifts

Corporate gifting startup Snappy just raised $10 million to make employee rewards more personalized and fun. The company sources gifts that range anywhere from $15-$1,000 in price and include tangible items as well as experiences. The funding, led by 83North with participation from Hearst Ventures, will be used to meet the growing customer demand. [Built In NYC]

 

seatgeek
image via shutterstock

SeatGeek moves headquarters to Flatiron

Event tickets search engine SeatGeek announced it will move its headquarters from Noho to the Flatiron, where it will occupy four floors in a 20-story building at 902 Broadway. At 72,800 square feet, the new spot is about double the size of their current office. The move will happen in June 2019, so employees have more than enough time to start packing. [New York Post

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