Peter Kafka

Recent Posts by Peter Kafka

Mobile Marketing Start-Up PlaceIQ Raises $1 Million From Angels, Ad Guys

You know all those cool Android and iPhone apps you’re using to check in to places, take photos of places, and tell friends about places you’re going to? All of that information might be useful to marketers, right?

Of course it could be, which is why lots of companies are trying to build businesses around the idea (while trying to avoid privacy landmines). Here’s another one: PlaceIQ, a Boulder, Colorado-based start-up that promises to turn “unstructured disparate sources of geodata into actionable business intelligence.”

Co-founders Duncan McCall and Steve Milton formed the company last year and have a small team with a low profile, but they’ve been able to round up $1 million in funding from some interesting investors: Roger Ehrenberg’s IA Ventures, Howard Lindzon’s Social Leverage, hedge fund star Jim Pallota, Jerry Neumann and Stuart Davidson are all in.

So is kbs+p Ventures, the new investment arm of ad agency Kirshenbaum Bond Senecal & Partners, which has begun making bets on start-ups with potential for marketers. This is kbs+p’s second investment, and I gather we’ll see more soon.


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While it’s tempting to see the Huffington Post’s Pulitzer as a “big win for new media,” or something like that, the real story is that these organizations — the Huffington Post, the New York Times, the Washington Post — are becoming more like each other. Old media and new media are increasingly antiquated terms.

— Journalism professor Jay Rosen to HuffPo media writer Michael Calderone (via GigaOM)