Capital Chaos

Jackpot Rewards (Newton, MA) has raised an astounding $16.7M in a Series A led by some pretty big individuals including Jack Connors, founder of Hill Holiday; Peter Lynch of Fidelity Investments, Chuck Clough, former chief investment strategist for Merrill Lynch; and Tom McDonnel, CEO of DST Systems.   These guys are hardcore business leaders and philanthropists […]

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 GenieTown (Palo, Alto) which has entered the ever expanding market of local content, just launched with $2M in Angel finance led by a few different investors including Stanford PhD Student, Hassan Chafi (the CEO) and Kunle Olukotun. 
The company is going after the service market of local areas by attempting to be a resource for things […]

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Atrato (Westminster, Colorado) announced that it just raised $18M led by Aweida Venture Partners and just launched.  The company was founded on the idea that it could help people get nearly instantaneous access to the data and content they wanted.  With billions of dollars being invested in R&D for highly dense and scalable systems, little […]

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  The Point (Chicago, ILL) which seems to be living out its dream from starting out on the back of a napkin a little over a year ago, pulled some coin together with the help of New Enterprise Associates.  The company had originally raised $2.5M in an angel round back in 2007 and this new round […]

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