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RRE Ventures
RRE Ventures is an American Venture capital, Venture Capital firm based in New York City. The firm primarily invests in Seed money, seed, Series A round, series A and series B rounds and focuses on companies operating in the software, internet, communications, aerospace, robotics, 3D printing and financial services sectors. Background Stuart Ellman and James D. Robinson IV were classmates at Harvard Business School, Harvard Business school where they came up with the idea of starting a venture capital firm. In 1994 they founded RRE Ventures with Robinson's father, James D. Robinson III who was the Chairperson, Chairman and Chief executive officer, CEO of American Express from 1977 until his retirement in 1993. The name of the firm is derived from the first letter of each co-founder's surname. As of 2020, RRE ventures has raised $2 billion in capital. It has made over 400 investments across 26 states in the US and Canada with over 60 exits. Funds Notable investments * ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Chairperson
The chairperson, also chairman, chairwoman or chair, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the group, presides over meetings of the group, and conducts the group's business in an orderly fashion. In some organizations, the chairperson is also known as ''president'' (or other title). In others, where a board appoints a president (or other title), the two terms are used for distinct positions. Also, the chairman term may be used in a neutral manner not directly implying the gender of the holder. Terminology Terms for the office and its holder include ''chair'', ''chairperson'', ''chairman'', ''chairwoman'', ''convenor'', ''facilitator'', '' moderator'', ''president'', and ''presiding officer''. The chairperson of a parliamentary chamber is often called the ''speaker''. ''Chair'' has been used to refer to a seat or office of authority ...
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Braintree (company)
Braintree is a Chicago-based company that primarily deals in mobile and web payment systems for e-commerce companies. The company was acquired by PayPal on September 26, 2013. History Braintree was founded by Bryan Johnson in 2007. By 2011, the company ranked 47th on Inc. magazine's annual list of the 500 fastest-growing companies. In that year, Bill Ready joined the company as CEO. Johnson remained chairman. In 2012, Braintree acquired Venmo for $26.2 million. A year later, PayPal, then part of eBay, acquired Braintree for $800 million. In August 2015, PayPal acquired Chicago-based mobile commerce company Modest and rolled Modest's products into Braintree's offerings. Braintree first expanded internationally in 2012, when it announced it would begin providing services in Australia. The company began serving Europe and Canada in August 2013 and announced support in Hong Kong, Singapore, and Malaysia in 2015. By late 2015, Braintree was processing nearly $50 billion in authori ...
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Booster Fuels
Booster is a tech-enabled mobile energy delivery company that provides a more sustainable fueling experience for businesses and consumers. Based in San Mateo, California, they have transformed energy-as-a-service for customers, saving the average business 31K hours, 68 thousand miles, and $700K spent on fueling annually. Booster currently operates in hundreds of cities across the Austin, Dallas-Fort Worth, Los Angeles, Nashville, Sacramento, San Francisco Bay, Seattle, and Washington, D.C. metropolitan areas. Using proprietary technology and integrated logistics, the company has reinvented the way vehicles get power for 120,000+ customers and 300+ businesses and has claimed to help save more than eight million miles and four million pounds of CO₂ emissions. History Booster was founded in 2015 by Frank Mycroft, Diego Netto, and Tyler Raugh. The company's first product was an app-based on-demand fueling service for personal vehicles in corporate campus parking lots. In its first ...
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Boom Technology
Boom Technology, Inc. (trade name Boom Supersonic) is an American company designing a , 65-88-passenger supersonic airliner. Named the Boom Overture, the airliner is planned to have a range of and to be introduced in 2025. After being incubated by Y Combinator in 2016, Boom Technology raised $51 million of venture capital in 2017, and $100 million by January 2019. The Boom XB-1 Baby Boom one-third-scale demonstrator is expected to begin flight testing in 2022. History The company was founded in Denver in 2014. It participated in a Y Combinator startup incubation program in early 2016, and has been funded by Y Combinator, Sam Altman, Seraph Group, Eight Partners, and others. In March 2017, $33 million were invested by several venture funds: Continuity Fund, RRE Ventures, Palm Drive Ventures, 8VC and Caffeinated Capital. Boom secured $41 million of total financing by April 2017. In December 2017, Japan Airlines invested $10 million, raising the company capital to $51 million: ...
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BitPay
BitPay is a bitcoin payment service provider headquartered in Atlanta, Georgia, United States. It was founded in May 2011 by Tony Gallippi and Stephen Pair. BitPay provides Bitcoin and Bitcoin Cash payment processing services for merchants. History BitPay was founded in 2011 to provide mobile checkout services to companies that wanted to accept bitcoins. By October 2012, BitPay had grown to having 1,100 active merchants, including being WordPress's bitcoin merchant. BitPay announced in January 2013 that they would be relocating their headquarters to Atlanta, Georgia, from their previous location, Orlando, Florida. The move came following the announcement the company had secured $510,000 in seed funding. According to the company's co-founder, the city of Atlanta was chosen due to the number of fintech companies located in Georgia. In May 2013, BitPay announced that they had raised $2 million via Founders Fund. In September 2013, the company announced it had reached the milest ...
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Bitly
Bitly is a URL shortening service and a link management platform. The company Bitly, Inc. was established in 2008. It is privately held and based in New York City. Bitly shortens 600 million links per month, for use in social networking, SMS, and email. Bitly makes money by charging for access to aggregate data created as a result of many people using the shortened URLs. In 2017, Spectrum Equity acquired a majority stake in Bitly for $64 million. Products The Bitly URL shortening service became popular on Twitter after it became the default URL shortening service on the website on May 6, 2009. It was subsequently replaced by Twitter's own t.co service. The company behind Bitly launched a similar service, but for online videos, to determine what videos are the most popular on the web. The company offers a paid solution called Bitly Enterprise that provides advanced branding features, audience intel, omnichannel campaign tracking and more. Companies can use their own custom dom ...
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Base CRM
Base CRM (originally Future Simple or PipeJump) is an enterprise software company based in Mountain View, California with R&D offices located in Kraków, Poland. It provides a web-based all-in-one sales platform that features tools for email, phone dialing, pipeline management, forecasting, reporting and more. Base's platform is available on iOS and Android, and was the first full native CRM Android app available. On September 10, 2018 Base was acquired by Zendesk and later rebranded as Zendesk Sell. Reception Base has been recognized by many publications - including ''Forbes'', ''Crain's Chicago Business'', ''ReadWrite'', and ''The Next Web'' - for its intuitiveness, mobility and clean design. In July 2012, Box (service) CEO, Aaron Levie was asked at VentureBeat's MobileBeat summit about designing enterprise applications for mobile. He said, "Mobile must be first when you're building an enterprise company" and identified Base as an example. In February, 2013 Base was reco ...
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BarkBox
BarkBox is a monthly subscription service providing dog products, services, and experiences. BARK serves over 2 million dogs monthly through BarkBox and Super Chewer subscriptions and retail distribution. On December 17, 2020, Barkbox, Inc. and Northern Star Acquisition Corp. (NYSE: STIC.U), a publicly traded special purpose acquisition company, announced that they had entered into a definitive merger agreement. As a result of the transaction, which values the Company at an enterprise value of approximately $1.6 billion, BARK will become a publicly listed company on the New York Stock Exchange under the new ticker symbol, "BARK". History The company was founded December 2011 by Carly Strife, Matt Meeker, and Henrik Werdelin. Prior to co-founding BarkBox, Meeker co-founded the social networking site Meetup.com. Meeker currently serves as CEO. In April 2013, the company raised $6.7 million in a venture funding. The company surpassed the $25 million revenue run rate the same year. B ...
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Avant (company)
Avant, LLC, formerly AvantCredit, is a private Chicago, Illinois-based company in the financial technology industry. The company was established in 2012 by serial entrepreneur Albert "Al" Goldstein, John Sun, and Paul Zhang. Initially structured as a mid-prime lender, the company issued its first personal unsecured loan in early 2013 using its proprietary technology to determine an individual's creditworthiness. Avant's technology applies algorithms, machine-learning protocols, and analytical tools in addition to the standard consumer data pulled to determine a customized rate, amount and length at which money can be borrowed. The company began providing access to loans in just 16 states in 2013. Avant currently issues loans in 46 states, and in October 2013, the company expanded beyond US borders to Canada and the United Kingdom. From 2012 to 2015 the company saw substantial growth with over $1 billion in loans originated through Avant's website and $1.4 billion in contribution ...
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Activate (app)
Activate (formerly Bloglovin') is a platform that allows users to read, organize, and discover their favorite blogs on mobile and desktop. It is a design-focused platform that aggregates feeds from sources with RSS feeds, allowing users to discover and organize content. As of April 2014, Bloglovin reached over 16 million global users monthly. Bloglovin caters primarily to the “lifestyle” crowd. 90% of Bloglovin's users are female. History Founding and early years Bloglovin' was founded in a garage in Täby, Sweden in 2007 by Dan Carlberg, Daniel Swenson, Patrik Ring, Mattias Swenson, and Daniel Gren. Launched as “Blogkoll” (Swedish for “to keep track of blogs”), the initial goal of Bloglovin’ was to help fashion followers keep track of blogs without having to open up multiple tabs on their browsers. Bloglovin’ eventually developed into a platform that allows users to consume, organize, and discover the Internet's disaggregated content. In October 2011, Blog ...
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8i (virtual Reality)
Founded in 2014, 8i is a volumetric video company specializing in the capture, transformation, and streaming of real human holograms, on any device, for the Metaverse. History 8i was founded in May 2014 by Linc Gasking, Eugene d'Eon, Sebastian Marino and Joshua Feast to develop software that can capture, analyze, compress, and recreate all the viewpoints required for volumetric capture. In October 2015, 8i raised a $13.5 million Series A. Investors included RRE Ventures, Founders Fund Science, Samsung Ventures, and Dolby Family Ventures. In January 2016, 8i premiered ''#100humans'' at the 2016 Sundance Film Festival as part of its New Frontier exhibit. The program featured four VR projects that placed characters captured using 8i technology in distinct environments ranging from a dystopian wasteland to the Grand Canyon The Grand Canyon (, yuf-x-yav, Wi:kaʼi:la, , Southern Paiute language: Paxa’uipi, ) is a steep-sided canyon carved by the Colorado River in Arizon ...
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