Funding Archives * NY French Geek

Instagram Captures A Million Users. Up Next: API, Android, And Funding

The service has announced today that they’ve reached a million users.

It took Foursquare just over a year to get a million users. It took Twitter about two years. Instagram? They accomplished the feat in less than three months.

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FloCo’s posterous

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BREAKING: Groupon Raising Up to $950 Million in Funding [REPORT]

via mashable.com

Groupon has filed for a Series G funding round that authorizes it to raise up to $ 950 million, according to a new report. The new round of funding comes just weeks after the group-buying website rejected a $ 6 billion acquisition offer from Google.

According to VC Expert, Groupon filed for a certificate to authorize the Series G round last week (an amended certificate of incorporation) and will be filing another document next week outlining the exact amount it intends to raise. We’re working to get our hands on those documents now.

If the report is accurate, … Lire la suite

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Twitter Raises $200 Million in New Funding

via mashable.com

Twitter has reportedly closed its latest round of funding, securing $ 200 million at a whopping $ 3.7 billion valuation.

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FloCo’s posterous

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2005: Funding for NY companies:$61M, Silicon Valley:$209M – 2010: NY:$138M, SV:$205M

Watch out, Silicon Valley. Thanks to Google, Foursquare, and others, the Big Apple is fast becoming home to some top Internet talent.

New York’s tech cred is on the rise: Manhattan-based Foursquare’s geolocation service is the envy of Silicon Valley. Facebook bought out two New York startups, and Google just purchased the huge Chelsea building where it employs nearly a tenth of its global workforce. Now incubators are sprouting downtown, venture capital firms are opening New York offices, and prominent angel investors are spending more time with the scores of developers who crowd into shared workspaces across the city. “New