(VIDEO) Peek CEO Ruzwana Bashir discusses Peek's traction, fundraising and goal of revolutionizing the travel and activities markets.
Splash, The Party Scientists Stealing Big Business From Eventbrite
People don’t want ads, they want memories. To shift from spammy marketing to providing experiences, companies like Anheuser-Busch, Spotify, NPR, and Wired promoted 80,000 events in 2013 with a little startup called Splash. In co-founder Ben Hindman’s first in-depth interview, he tells me how Splash’s event platform is challenging bland incumbents with its beautifully designed party websites. A hundred years ago, big events like the World’s Fair were announced with bold, artistic posters. That was the only way to catch someone’s eye on the street. Yet somehow, the Web 2.0 era sucked the life out of event promotion. In the name of consistency, Eventbrite and Facebook caged events in uninspired templates. But if you’re throwing a big event, why would you want it to look like everyone else’s?
Peek.com Raises $5 Million in New Financing
Start-ups like Uber and Airbnb have succeeded in moving traditionally offline businesses like taxis and apartment subletting to the Internet. Now Peek.com, which is aiming to do the same for planning travel itineraries, has gotten a little more help in reaching that goal. The start-up plans to announce on Wednesday that it has raised $5 million in a new fund-raising round, taking money from the likes of Brad Gerstner of Altimeter Capital and Jeff Fluhr, a co-founder of StubHub. They are joining a group that already includes prominent technology veterans like Eric Schmidt of Google and Jack Dorsey of Twitter and Square, many of whom reinvested in the round.
Travel Activity Startup Peek Raises $5 Million In Funding From Montage Ventures And Others
Aspiration travel startup Peek launched a little more than a year ago to offer interesting activities for travelers. Since then it’s expanded to 19 different locations and signed up thousands of activity vendors. But it’s looking to scale up even faster with $5 million in new funding led by Todd Kimmel and Montage Ventures. Peek seeks to set itself apart from other travel sites by actually providing a variety of activities that can be booked online or through its recently released iPhone app. It provides real-time inventory of events and manages payment processing and scheduling, simplifying the process of connecting travellers and vendors.
33Across Signs Project Nursery as 1 Millionth Publisher
33Across (www.33Across.com), a leading advertising technology company, today announced its first milestone since the launch of its Intent Signal Platform two weeks ago with the signing of its one millionth publisher partner, Project Nursery. Other premium publishers currently employing the Intent Signal Platform include the Kiplinger, Sports Illustrated and Time. As search and content sharing continue to become more prominent among consumers, publishers are beginning to realize the value of utilizing that behavior to increase brand awareness and accrue incremental revenue.
Sweeten.com Tries to Make Home Renovation Process Less Bitter
Great Oaks Venture Capital, an early backer of real estate online listings company Trulia, now publicly traded, as well as of Houzz, a home design and decorations idea website, invested. So did Joanne Wilson, who funded Swee10 via her Gotham Gal Ventures, a fund through which she deploys her and her husband Fred Wilson’s (of Union Square Ventures ) wealth into startups. Founder Jean Brownhill Lauer’s goal for launching Sweeten.com was to demystify and speed up the home renovation process, making it simpler for both homeowners and contractors. The company started as a matchmaking service between projects and contractors. It charges contractors a fee on projects that are awarded to them. “We’ve been generating revenue from day one,” Ms. Brownhill Lauer said. For now, the service is only available in New York City. The renovation market in the city alone is worth roughly $12 billion annually, Ms. Brownhill Lauer said.
Bonobos Heads South and Offline in Another Retail Pact
33Across Launches the Intent Signal Platform, Introduces a New Class of Advertising
33Across,a leading advertising technology company, today launched the Intent Signal Platform for advertisers and publishers. The Intent Signal Platform identifies intent from billions of consumer search and sharing activities on more than 625,000 publishers to deliver breakthrough advertising experiences and enhanced modeled audience solutions.
Is Instagram Another Path to Riches for Facebook
Every quarter, Facebook executives go into into great detail about the company's financial condition for investors: revenue, profits, user growth, new types of advertising, how many users log on via mobile devices, even whether Facebook is losing popularity with teenagers. But they are strangely coy about Instagram, the mobile photo and video sharing service that Facebook bought in April 2012.
The Worlds Top 10 Most Innovative Companies in Fitness
For putting the fun back in fitness. Wouldn't it be great if working out were as enjoyable as playing a video game? Forget Nintendo's flailing Wii--Fitocracy is gamified exercise at its best. The social network and tracking app allows you to upload your workout information and amass points to level up and earn props from other users (and even challenge other Fitocracy "players"). It's this type of support from the community of Fitocrats--which crossed the 1 million mark in 2013--that provides continuous motivation, encouragement, and accountability, making it easy to stay on a plan. It's also why the typical user spends more than four hours per month on the site--more than any social networking site other than Facebook.
Instagram Is Shaping Up To Be The World's Most Powerful Selling Tool
Amid dire predictions for a mass exodus from Facebook, the social network did make a winning buy with Instagram. The photo app amassed over 150 million users in three short years –twice as fast as Twitter. That quantity has some quality. According to research by L2 Think Tank, Instagram’s community boasts 15 times more engagement than its parent company, and more than Twitter or Google.
The Worlds Top 10 Most Innovative Companies in Style
For bringing wholesale fashion into the 21st century. Joor works with a slice of the industry that has been slow to get online. Before, buyers had to make multiple Monday morning phone calls to try to replace sold out inventory. The company has fixed that glitch by putting the communications online and now caters to 40,000 retailers and brand clients, including Diane von Furstenberg, Rag & Bone, and Zappos. Last summer, it secured $15 million in a second round of funding led by Canaan Partners and (surprise!) Condé Nast parent company Advance Publications.