Cheddar, the popular live and on demand network, today launched a business news network on Pluto TV, the leading OTT destination for free television in America. Cheddar is programming the millennial focused network with its live shows, Opening Bell and Between Bells, which are broadcast from the trading floor of the New York Stock Exchange and the Sprint Flatiron Building Store.
Meal-Delivery Service Sprig Cooks Up A Bigger Menu And New Delivery Plan
In 2013, meal delivery service Sprig launched in San Francisco with one simple goal: making it easy to eat well. The creation of tech entrepreneurs, not restaurateurs, the service launched with just three meal options a day, available only at dinner and ordered through an app. The high-quality, healthy meals typically included a protein and a few sides and were delivered to wherever you were in roughly 20 minutes. If you weren’t interested in one of the three meals, then you weren't interested in Sprig, at least that night.
Online grocery GrubMarket breaks even, and wants to go public in 2018
Despite the copious amounts of venture funding that have flowed to them in recent years, food tech startups haven’t had an easy time of it especially in the food delivery game. Since 2015, GoodEggs, Zesty and Munchery have shuffled their executive decks, meal kit delivery darlings Blue Apron struggled with worker safety, and logistics providers Postmates struggled to lock in a new round of funding. By contrast GrubMarket, a younger e-grocery backed by Ashton Kutcher’s Sound Ventures, has reached a $5 million monthly revenue run rate, and hit breakeven on its business overall according to founder and CEO Mike Xu. Could this be the next Whole Foods or Costco? The CEO attributes GrubMarket’s growth and margins to disciplined spending on marketing and merchandising, and a mix of direct-to-consumer and business-to-business customers.
Gary Vaynerchuk Acquires Women’s Publisher PureWow
Over the past few years, media companies ranging from BuzzFeed to Vice to the New York Times have expanded their in-house units that act like advertising agencies and work with big marketers. Increasingly, agencies are counteracting and creating editorial properties of their own, reaching new audiences across social media platforms. Now one well-known agency entrepreneur, Gary Vaynerchuk, is outright acquiring a publisher: PureWow, a lifestyle digital media company focused on “upper” millennial and Gen-X women.
Allbirds, the sustainable sneaker that's growing in popularity without a big brand name
2016 Great Oaks Holiday Gift Guide
LiveRamp Announces Acquisition of Arbor & Circulate for $140M
SAN FRANCISCO, Nov. 17, 2016 /PRNewswire/ -- LiveRamp™, an Acxiom® company (ACXM) and leading provider of omnichannel identity resolution, today announced that it has entered into definitive purchase agreements to acquire Arbor and Circulate, two companies at the forefront of helping publishers connect people-based data to the marketing ecosystem, for total cash consideration of approximately $140 million. In addition, the Company will issue $50 million of Acxiom stock awards replacing unvested equity.
Circulate Acquired by Acxiom company LiveRamp
ModCloth’s First Store Is Exactly What Shopping Should Be
After 14 years of online-only business, ModCloth is opening its first physical location in Austin, TX. With a commitment to a positive and inclusive shopping experience, all of the clothing items in the store will be available in size XS-4X (size 0-28/30). Although this is exciting, we’d expect nothing less from the body-positive brand after it integrated its “plus” assortment into its “regular” assortment, allowing shoppers to instead search by size or by clicking on “extended sizes.”
Hired, the recruiting platform, raises another $30 million
Hired, the platform that lets applicants vie for top tech jobs, has announced a $30 million extension to its Series C funding, bringing the total of that particular round to $70 million. The funding came primarily from Glenmede Trust and Ontario Pension Board, with participation from existing investors.
Zipongo Closes $17.5M Series B from Mayfield to Further Enable "Food Benefits Management" for Employers and Health Plans
By making it easy to eat well, Zipongo has been able to help people tastefully sustain healthy eating and outcomes, and formalize Food Benefits Management for health plans, wellness platforms and a range of employers, from tech and financial services giants, to leading retailers and manufacturers. Now with the closing of their $18 million Series B funding round—bringing total financing to $28 million—Zipongo and partners are further enabling Nutriomics and behavior science to empower health providers and disease management systems to measurably leverage food as medicine.
Flatiron Health & Foundation Medicine Partner to Launch New Database