1. Google is buying the huge St. John’s Terminal building in Manhattan’s Hudson Square for $2.1 billion. The company already leases the 1.3 million-square-foot building located at 550 Washington Street, which is undergoing an extensive renovation and is expected to re-open in mid-2023. Google, which now has 12,000 employees in NYC, also owns 111 Eighth Avenue; the Chelsea Market at 75 Ninth Avenue and the nearby Milk Building at 450 West 15th Street. (Commercial Observer)
2. Brooklyn’s Vice Media has raised $135 million in a private equity funding.Investors included James Murdoch’s Lupa Systems, TPG, TCV, Sixth Street and Antenna Group…
1. NYC’s Alma, a membership-based network for mental health care providers, has raised $50 million in a Series C funding. NYC’s Insight Partners led the round and was joined by NYC’s Tusk Venture Partners, NYC’s Primary Venture Partners, NYC’s BoxGroup, Optum Ventures, Sound Ventures and Rainfall Ventures. Alma’s platform enables providers to accept insurance and also includes features such as a client-matching service, scheduling and billing functions, and a community for support. (www.helloalma.com) (PR Newswire)
1. NYC’s Offchain Labs, a startup working on Ethereum scalability, has raised $120 million in a Series B funding. Lightspeed Venture Partners led the round and was joined by Polychain Capital, Ribbit Capital, Redpoint Ventures, Pantera Capital, Alameda Research and Mark Cuban. The company’s Arbitrum One scalability platform is already being used by 400 developers. (www.offchainlabs.com) (Coin Telegraph)
2. Brooklyn’s Quip, an oral care startup, has raised $100 million in a Series B funding. Cowen Sustainable Investments led the round. Quips subscription-based platform for dental products is being used by 7.5 million people. (www.getquip.com) (TechCrunch)
There are so many things, but I’ll give you three good ones. First, a sense of clarity. Onscreen, everything happens very matter-of-factly. But if you’re a regular person observing the courtroom, or even if you’re the accused in a criminal court or a litigant in civil court, it can be difficult to follow what’s going on. In real life, it’s hard to follow the plot, despite the best efforts of the attorneys or the judge.
Second, the amount of time you see spent before the judge, and the level of discourse happening on TV, happens maybe half a percent of…
1. Englewood Cliff’s OwnBackup, a cloud data protection platform, has raised $240 million in a Series E funding at a $3.35 billion valuation. Alkeon Capital and B Capital Group co-led the round and were joined by NYC’s BlackRock Private Equity Partners, NYC’s Tiger Global, NYC’s Insight Partners, Salesforce Ventures, Sapphire Ventures and Vertex Ventures. OwnBackup’s platform is integrated into Salesforce and provides backup, recovery, compare and archive functionality for complex datasets. (www.ownbackup.com) (VentureBeat)
2. WeWork and Saks Fifth Avenue have partnered to convert unneeded retail space into office rentals. The luxury department store will open the first SaksWorks spaces…
1. NYC’s YOOBIC, a communication app for frontline teams, has raised $50 million in a Series C funding. Highland Europe led the round and was joined by Felix Capital, NYC’s Insight Partners and BNF Capital. Yoobic‘s platform is used by 300 brands covering 335,000 locations including Lacoste, Peloton, Puma, Vans, Untuckit, Roots and Canada Goose. (www.yoobic.com) (TechCrunch)
2. NYC’s H1, a “LinkedIn for healthcare,” has acquired Portland, Oregon-based Carevoyance, a marketing platform for medical device sellers. The financial terms of the deal were not disclosed. H1’s platform provides in-depth profiles of 10 million healthcare professionals worldwide. (www.h1insights.com) (www.carevoyance.com) …
There are some absolute, unassailable chapters you’ll find in the Holiday Retailer Playbook. For instance:
But there are other ways to stay sane as you build towards a successful retail season. The 7 items on this checklist might seem obvious, but can absolutely get lost in the shuffle.
Identify and implement all third-party apps well before you need them, even…
1. Google has delayed the reopening of its offices until October 18. Google will also require vaccinations for anyone coming to the office. Offices were to reopen right after Labor Day. (CNBC)
2. Twitter has closed its NYC and San Francisco offices over new COVID concerns. The company reopened the offices two weeks ago on July 12. (New York Post)
3. NYC’s Bubble, a no-code development platform, has raised $100 million in a Series A funding. NYC-based private equity firm Insight Partners led the round. Bubble’s platform, which has one million users globally, allows entrepreneurs to build web applications…
1. NYC’s Outbrain, a content recommendation platform, raised $160 million in its initial pubic offering last Thursday. The stock closed at $20.99 a share on its first day of trading valuing the company at $1.25 billion. Outbrain now trades on the Nasdaq under the symbol “OB”. (www.outbrain.com) (VentureBeat)
2. NYC’s JOKR, a grocery delivery startup, has raised $170 million in a Series A funding. GGV Capital, Balderton Capital and NYC’s Tiger Global Management led the round and were joined by Activant Capital, NYC’s Greycroft, FJ Labs, Kaszek, and Monashees. The company plans to offer 15 minute delivery by turning…
Third-party apps are a (relatively) quick, convenient way to add features to your Shopify retail site, and they’re often (though not always) a cheaper option than a custom build.
However, sometimes a retailer will add a third-party app to their store before looking at the bigger picture. Consider these 5 things before integrating an app: