News Byte

Retail Tech Startup Swirl Raises $8 Million Round Led by Hearst Ventures

Hearst Ventures is leading an $8 million investment in Swirl, a commerce-focused startup that helps brick-and-mortar retailers target offers to shoppers on their mobile phones. Swirl previously raised a $6 million round last summer from SoftBank Capital, General Catalyst and Longworth Venture Partners.

Subscription Snack Startup NatureBox Adds Popchips CEO and Former Netflix CFO to Board

Two advisers to help overcome two big challenges.
NatureBox founders Gautam Gupta (left) and Ken Chen

With a Fresh $3 Million, ActionX Looks to Help Retailers Turn App Downloads Into Mobile Commerce Dollars

The most challenging part about the mobile app ecosystem is not getting people to download an app; it’s convincing them to come back time and time again.
ActionX CEO Evan Schwartz

Former Yahoo and Microsoft Media Exec Scott Moore Tapped as Cheezburger President and COO

He ran MSN and Yahoo Media, but can he herd some cats?
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News Byte

Outbrain Exec Guttman Hired to Oversee SoftBank’s $51 Million NY-Focused Startup Fund

Josh Guttman, who has most recently been an exec at content discovery platform Outbrain, has become a partner at Softbank Capital to manage its New York-focused startup fund. Guttman, who is an active angel investor in the region, will oversee the $51 million fund that the venture firm recently announced that will be aimed at high-growth opportunities in social, e-commerce, digital media and software-as-a-service startups in New York. (You can read a sharp post Guttman recently penned for AllThingsD on native advertising here.)

News Byte

SoftBank Capital Raises $51 Million for New York Startups

SoftBank Capital announced Thursday it raised a $53 million fund aimed at backing early-stage, New York-area startups. New York partner Jordan Levy will oversee investments; partners including Ron Fisher, Joe Medved and Ron Schreiber will also manage the fund, with help from special partners Eric Hippeau and Mike Perlis.

Go Far West, Young Startup: SoftBank Capital and Yahoo Japan in $20M Fund to Bring U.S. Entrepreneurs There

Breaking into the Asian market is not easy.
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Criteo Nabs $40 Million in Funding at $800 Million Valuation

Big money for performance display advertising start-up.
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Silicon Snowbank: A New Incubator for Buffalo to Give Local Start-Ups a Different Set of Wings

Chicken wings, check! Time for tech to take off in the Queen City.
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