First Round Capital

News Byte

Grand St. Raises $1.3M for Smart Gadget Store

Liz Gannes in Commerce on April 2 at 8:17 am PT

There’s a renaissance of startup hardware companies these days, but between so many little brands and Kickstarter advance backing and manufacturing delays, it’s not necessarily easy to figure out where to buy all the nifty gadgets. Enter Grand St., the invitation-only (for now) “creative technology” online store. It has raised $1.3 million led by First Round Capital.

News Byte

Mango Health App That Games Taking Meds Launches With Target Partnership

Kara Swisher in Mobile on April 2 at 5:30 am PT

San Francisco-based Mango Health — a new mobile app aimed at allowing people to manage their personal health by tracking medications and nutritional supplements they take — is launching after a 16-week pilot program and a strategic deal with retail giant Target. The app rewards users with gift cards or allows them to make charitable donations for correctly following their medical regimens by using game design principles. Consumers can also check for interactions between medications, supplements and foods, and get dosage reminders. Mango has raised $3.1 million in seed funding from venture firms First Round Capital, Floodgate and Baseline Ventures, as well as angel investors Mark Pincus and Keith Rabois.

News Byte

Nomi Raises $3 Million to Help Retailers Fight Amazon

Tricia Duryee in Commerce on February 11 at 5:00 am PT

Rather than compete with Amazon on price alone, Nomi wants to help retailers provide better service by tracking consumer behavior across in-store and online channels. It is announcing a $3 million round today, led by First Round Capital. Other investors include Greycroft Partners, SV Angel, Forerunner Ventures and several angels. The New York company was founded by former Salesforce.com and Buddy Media executives, including CEO Marc Ferrentino, who served as Salesforce’s chief technical architect.