69 posts and columns on Redpoint Ventures
DraftKings, where you can play fantasy sports for money on a daily basis (legally), has raised a $24 million Series B round led by Redpoint Ventures, with GGV Capital, Atlas Venture, and BDS Ventures, following a $7 million Series A round earlier this year. Founded just last year, DraftKings claims that 75 percent of people who signed up in 2012 were still active in 2013, driven by the continued promise of cash prizes.
News ByteCyanogen Inc. Kondik, joined by Kirt McMaster, formerly of Boost Mobile, and coder Koushik Dutta, will soon launch a formal Cyanogen installer for Android phones inside Google’s Play store, and plan to continue building services and applications on top on the new software.
News Bytewhich had previously raised $5.3 million from Redpoint, had lots of interest in this round, including an offer from Food Network owner Scripps Network Interactive.