Monday, December 22, 2008

Who Do You Think Should be on this List? Best of Boston Web 2008

We are really just putting this  out there as a starting point in hope that readers will add to the list. Of course it is nowhere comprehensive and totally subjective. Let us know your choices. Oh, and don't nominate yourself, spread the kudos around.

Networking Event:

Web Innovators Group

WebInno was founded and is currently led by David Beisel of Venrock. It is the stalwart networking event for mobile and web technology startups in the Boston area.

Started informally in the fall of 2005 it has grown to the present day where up to 800 people gather to schmooze and review the latest crop of services from bootstrapped or seed funded companies.

Open Coffee   Wednesdays,  8:30 am - 10:30 am: Andala Coffee House‎
286 Franklin Street


This is the Cambridge version of the concept that originated in London by Saul Klein of  Index Ventures. The idea was to organise real-world informal meetups to chat, network and grow. The Cambridge group was  started by Nabeel Hyatt of Conduit Labs and Bijan Sabet of Spark Capital, and meets every wednesday morning. It is well worth attending to meet the next generation of entrepreneurs and have lively discussions about what everyone is doing.

CoWorking:

BetaHouse Jon and Brian have created a workplace  that caters to pre funded startups as well as individuals looking for office space.  If you are looking for a great environment to crank some code, go check it out.  They host a good party too.

VC Funded 2008:

If you want to watch  a startup and learn how to market in the online world, you could have no better example that Hubspot. They are building a business teaching companies how to attract potential customers without using the less effective traditional means of interruption and expensive advertising.  Follow along as they ride the wave of marketing based upon permission, organic search traffic and the use of social media, that is inbound marketing.

Angel Funded 2008:

Tipjoy Y Combinator launched and Angel funded, Tipjoy has been generating a lot of interest with it's new Auto Twitter integration, see an example of how it is being used by @Pistachio for the WellWishes campaign. They also deserve kudos for returning to the Boston area rather than base the company in Silicon Valley.

Flipkey After building a useful initial site and ramping user acquisition, they landed a strong group of angel investors including Nick Beim of Matrix Partners. Then soon afterward, TripAdvisor took a majority ownership position in the company, validating the team and concept.

MyPunchbowl is a prime example of building a business through executing on the fundementals. Incremental and steady improvement of the product and continually acquiring users lead to a recent follow on investment.

Bootstrapped:

One of our readers turned us on to Editme. Nice product and business, no VC and a healthy dose of excellent customer service, makes Editme a winner.

JobVent This simple concept continues to gain momentum and users by providing a platform for users to get off their chest feelings about their work environment.

VC:

North Bridge Venture Partners deserves recognition for diversifying a portfolio that has been very successful in the traditional domains of Boston VC's, namely communications and enterprise software.  Recent investments in a variety of categories of web offerings from a career site, virtual goods market, social media infrastructure, financial communities and mobile photo blogging have set them apart in 2008 as a growing participant in the Boston Web scene.


Angel Investor:

YCombinator the seminal Advisor/Investor firm that has spawned many copycat endeavors. While some may have the advisory chops, fewer still have the connections and none have Paul Graham.  Hats off to the idol of hackers around the world and the gadfly to Boston VC's.

Bantam Group We first heard about this angel investor only a few months ago. After some research, it was clear that Bantam Group may be the best Boston Angel investor you've never heard off. One look at their investments will tell you that they are supporting new Web companies more than any other local angel.

Entrepreneur Blogger:

Furquan Nazeeri started blogging about his experience as an EIR at Softbank in 2007. Always insightful and even more interesting now that he has started his own company Virid.us. Bringing perspectives from both sides of the  table, Altgate is a must read for anyone interested in entrepreneurship and investing in startups.

Most Influential Blogger:

Scott Kirsner

Scott has been promoting two big issues that are important for Boston area starups.  The elimination of non-compete agreements and pushing for an organized effort to keep our best graduating students in the Boston area and engaged with the Emerging Technology community.

Social Mediaologist:

Chris Brogan

Don't even try to keep up with this guy. There is a lot of  fluff in the S M crowd, but Chris puts the hype into action.

Monday, December 15, 2008

Labortopia

Company URL:  http://www.labortopia.com/alpha/

Formation Date: 5/10/08

Funding Status: Bootstrapped

Investors: Founder

Founders or Execs past companies: Mysecurecomputer.com

Industry: Consumer Web, Internet services

Offering Description: Labortopia is a destination allowing small business owners and freelancers alike to showcase their services and capture new customers. The goal is to build a community of people that will be able to provide diverse services to those seeking anyone from a plumber to a babysitter.

Wednesday, December 10, 2008

ImpactOven

Genotrope Record:  ImpactOven

Funding Status:  Seed Round

Investors: Founder ?

Founders or Execs past companies: Thomson Financial

Industry: Consumer Web, Financial

Offering Description:  ImpactOven was built from the ground up with the idea of making life easier for an investor. Its better than other bookmarking services or using favorites because we include investment specific features that you won't find anywhere else.

Monday, December 8, 2008

RecipeKey

Genotrope Record: RecipeKey

Formation Date: June 13, 2006

Funding Status: self-funded

Founders or Execs past companies: Ernst & Young

Industry: Online consumer recipe services

Offering Description: Recipe Key is an innovative recipe search site that allows users to search for recipes to make based on what they already have in their kitchens.

Friday, December 5, 2008

The VC Model is Broken, Several Perspectives

There has been a lot of chatter in the blogshpere about the VC model being broken.

Adeo Ressi of theFunded, kicked off the recent discussion with his presentation at HBS. The telling slide from the presentation is #13 showing more money going into the VC model than coming out.

Fred Wilson from Union Square Ventures responded with his usual insight.

Furqan Nazeeri x EIR at Softbank Capital and now founder of Virid.us presents some numbers to show the VC model is really broken, and the negative impact it will have on startups.

Paul Graham of Y Combinator fame talks about the VCs possibly becoming less relevant as a result of this downturn.

A good variety of perspectives on an important subject for us.

First of all, lets recognize that each of these commentators comes from the Web startup space, which you will agree does not have the same requirements as a BioTech startup.

With that in mind, which if any opinions do you agree with? How do you see this issue shaking out in the next couple of years?

Thursday, December 4, 2008

Viridity

Genotrope Record: Viridity

Funding Status: Series A

Investors: North Bridge , Battery Ventures

Founders or Execs past companies: Revivio

Industry: Data Center, Software

Offering Description: delivering a new way to dynamically manage and control these next generation data centers.

Monday, December 1, 2008

WebInno20 Dec 09, 2008 7 PM Royal Sonesta Cambridge

WebInno was founded and is currently led by David Beisel of Venrock. It is the stalwart networking event for mobile and web technology startups in the Boston area.  Register Here

Started informally in the fall of 2005 it has grown to the present day where up to 800 people gather to schmooze and review the latest crop of services from bootstrapped or seed funded companies.

I can't quite put my finger on why, but the upcoming crop of presenting companies seems to be especially top quality this time around.     Check out the list below.   See you there.

Main Dishes



TripChill - Alex Shore, Dave Miller, & Chris Holt
Local Motors - John B. Rogers, Jr.
Crimson Hexagon - Candace Fleming & Perry Hewitt


Side Dishes



Pixability - Bettina Hein, Dale Bertrand, & Randy Barth
Tipjoy - Abby Kirigin & Ivan Kirigin
HelpGuest - Mark Abrams & Jim Dowd
InfoMedMD - Thomas O'Keefe
Genotrope - Thomas Summit
Photrade - Andrew Paradies & Dan Preston

Jazd Markets

Genotrope Record: Jazd Markets

Funding Status: Series A

Investors: Pilot House, Commonwealth Capital

Founders or Execs past companies: True Advantage, Choicestream, ITA Software

Industry: B2B, Marketing as a Service-

Offering Description: Combining directory placement, advertising, lead generation and vertical search into an innovative Marketing as a Service (MaaS) platform where advertiser can optimize the value from their on-line marketing spend.

11th MIT Annual Venture Capital Conference and 2nd Annual Entrepreneur Showcase (Free, Open to Public) December 6th 2008

We received an email from Gitika Srivastava the Chair of the 11th MIT VC Conference regarding the event this Saturday night at the Charles Hotel, in Harvard Square.

The theme for the conference is Reinventing Venture Capital, and the Keynote speakers include venture capitalists from Sequoia, Matrix, Highland, General Catalyst, and Director of Tata Sons from India, and Eran Egozy of Harmonix (Guitar Hero and Rock Band).


It looks like a great event with an impressive list of speakers. Even if you only make the showcase in the evening, it should be well worth the trip. Check out the links for more information.


www.mitvcconference.com


www.mitvcconference.com/showcase


Thursday, November 20, 2008

Seth Godin segue to a new Genotrope Feature

Seth Godin wrote a great post today How to make money on the Internet. The essence of the post is that value is created by helping companies and users "connect". Although he didn't mention it, I assume that connect "efficiently" is key to providing the most value. The search engine that connects you with the information you are seeking on the first page of results will win your business from the one that connects with the same information on the 5th page of the search.

One of the examples in the post is about connecting companies with job seekers, so it is only fitting that we point out that Genotrope does exactly that. Instead of searching for buzzwords on a job board and then finding out that the 500 results are 85% 3rd party recruiter generated, Genotrope finds you compatible companies using your work history.

The nifty new feature we released today, lets registered users view their connections within a company via Linkedin. Now you can apply directly to the company and then see who you know or your friends know that work there.

Connecting you to compatible potential companies and your network of contacts is more valuable and efficient than searching a job board for buzzwords in a recruiters posting.


Tuesday, November 18, 2008

Want to Learn Web Marketing? see Startonomics and Hubspot

If you are in the business of attracting and turning web visitors into customers, there are two resources that offer incredible value.

Hubspot the Cambridge based inbound marketing company has many free tools, resources and webinars that are very valuable for companies looking to improve their web marketing presence. Web Site Grader and Twitter Grader are fun as well as informative. They also provide a lot of useful content on blogs, white papers, free Webinars and videos. Maybe the best lesson is, the company itself is excellent proof of the power of it's own concepts. Their growing presence in the webshpere is an example to follow.

Startonomics is a one day workshop on web marketing co-organized by Dave MCclure and hosted by Deal MakerMedia. Even though it was held in San Francisco, we on the East Coast can still attend (virtually) as all the sessions and slide decks have be posted via video as well as Slideshare. This is a must view for anyone hoping to gain insight on how the most experienced consumer web marketers have honed and practiced their craft.

So much information is available to help entrepreneurs learn and navigate the startup waters, but these two stand out among the rest.

Monday, November 17, 2008

Unidesk

Genotrope Record: Unidesk

Funding Status: Series A

Investors: Matrix, Northbridge

Founders or Execs past companies: LiveVault, AppIQ, Oatsystems

Industry: Software virtualization, PC lifecycle management

Offering Description: Unidesk is developing the next generation of enterprise desktop management software that lets IT and end users both have it "their way," and eliminates the need to choose between desktop control and personalization.

Tuesday, November 11, 2008

Early Stage Mobile Companies present at Mobile Mondays

This upcoming Monday, November 17th from 7-9 pm, Mobile Monday Boston will turn the stage over to 9 Early Stage Mobile Companies. Each company will get 5 minutes to present. Following the presentations will be product demonstrations and a social cocktail hour. It looks like it will be a great event and another indication that innovation continues despite market downturns. Come check them out.

The following companies will be presenting.

Assured Labor: A social marketplace for services utilizing web and mobile technology

I remember reading about this company back in the summer time when they initially introduced an application to improve the lives of workers in developing countries by using mobile phones and a custom web platform to rapidly connect dependable workers with honest employers who have labor needs. As with most good startups, the product has morphed into the current offering which is more consumer focused.

Cadio: Location-based behavior-targeted mobile advertising
Drync: Find the wine you’re drinking, along with reviews, ratings, and prices
Mobegic: Help retailers and consumer product companies deepen customer engagements
Pongr: Mobile price checking that uses innovative image search technology

Winner of fbFund funding.

RunKeeper: Mobile GPS fitness tracking applications for runners and cyclists
SCVNGR: A mobile gaming platform that lets anyone quickly and easily build out mobile games
Shovebox: Manage snippets of information across your desktop and iPhone
Urban Interactive: Mobile applications that connect the digital world with physical spaces

Thursday, November 6, 2008

Paul Graham wants you to be a cockroach

Well, he states in his post Why to Start a Startup in a Bad Economy ""For years I've been telling founders that the surest route to success is to be the cockroaches of the corporate world."

I am always up for a good biological metaphor when describing business and am particularly fond of bugs, so while I agree with the point that startups should be hard to kill, I don't think a cockroach fits the bill.

In fact a cockroach is easy to kill, just one light tap of a toe and the pop lets you know that bug is no more. Cockroaches are hard to kill however, because you can't kill all of them. So the choice of the bug in his metaphor might bely an investor perspective that funds 40 companies a year. The portfolio will survive but not each individual.

Coming from the bootstrap perspective, I prefer using a tick, not "the tick" but a tick as my bug of choice. Have you ever tried to kill one of those babies? Not easy. thetick

So the point is still the same, keep the burn rate low and survive until the next moose comes along. From where we sit, there aren't a million brothers ready to take my place, so we have to keep cranking, even when we have a shoe trying to crush us.


Microsoft goes after Startup Market: Plentyoffish the poster child

BizSpark is the new program recently announced by Microsoft to provide development tools, platform technologies, and production licenses of server products to start ups. I had always thought that they were missing the boat by ignoring the requirements of early stage companies and letting Sun, Amazon and others have free reign to cater to the potential next GoogForceSoft.

often times at various networking events around town, I would come across a Web startup with serious cred and technical acumen that would mention that they were built upon and with Microsoft platforms and tools. The quality of the tools and the reliability of the platform was always the reason when I asked "why Microsoft?"

It seemed a missed opportunity to not bring those companies and products to light. To capitalize on that very issue, BizSpark has begun a feature they call Startup of the Day.

They couldn't pick a better example to start off the program than Plentyoffish. The epitome of the bootstrapped web company starting from humble beginnings in the founder and still sole developer Markus Frind's spare bedroom. In five years the Plentyoffish dating site has grown into a $ 5-10 million dollar company supporting 1.8 billion pageviews and 70 million monthly visitors. The most amazing fact is that the site was developed and administered by one person and still is today. The Wall Street Journal did a profile on Markus and his company in 2007.

Good move by Microsoft to cater to new startups.

Monday, November 3, 2008

RetireHub

Genotrope Record: RetireHub

Funding Status: Seed

Investors: ?

Founders or Execs past companies: Fidelity Investments

Industry: Online Financial, B2C

Offering Description: Retirement Planning & Investment Management
A completely new approach.  We combine high-quality analytics and investment management services with web-based delivery in an innovative, refreshingly efficient way.

Thursday, October 23, 2008

Panjiva

Genotrope Record: Panjiva

Funding Status: Seed Round

Investors: Rose Tech Ventures

Founders or Execs past companies: Boston Consulting Group

Industry: B2B

Offering Description: Helping companies identify which overseas suppliers they can trust. Our approach to this task is unique: we leverage a wide variety of quality data sources to rate apparel suppliers around the globe.






Tuesday, October 14, 2008

TrustedOnes

Genotrope Record: TrustedOnes

Funding Status: Self Funded

Investors: Founders

Founders or Execs past companies: Intuit, I2

Industry: Consumer Web, Social Media

Offering Description: TrustedOnes provides a better way to remember and recommend things that you and your friends care about.

Thursday, October 9, 2008

Snag a Job at a Startup Now

Now is a good time to make that move to a start up company. Have you been considering the idea? Make your move. Do it now while there is still high demand for candidates and before the RIF flood comes from the large companies in the area.

If you can snag a job at a recently funded company, all the better. With funding of a few million dollars and not a huge burn rate, they should be able to weather this storm and come out the other side with less competition and a head start in their value prop.

You might want to stay away from companies selling into the financial market, advertising based business models and generally anything that does not offer ROI or cost savings. This post from Roger Ehrenberg an angel investor in NYC sums it up nicely.

WordStream place holder name was Netgraviton

Genotrope Record: Wordstream

Formation Date: 2007

Funding Status: Series A

Investors: Sigma Partners

Founders or Execs past companies: Progress Software, 80108 Media

Industry: B2B, Seo Marketing SaaS

Offering Description: engaged in providing search engine marketing software solutions. Our patented, innovative software-as-a-service applications automate the manual, repetitive work involved in search engine optimization, saving time and enabling customers to improve ROI on search marketing objectives in a consistent and repeatable manner.


Tuesday, October 7, 2008

iTekka

iTekka is a new startup that is really stealth. Supposedly they are funded, at least they are hiring alot which means they have money.

All we know is that it is a mobile enterprise SOA application. No info on founders or Investors.

Anyone have an info to contribute? Do it in the comments or if you prefer, our email is on the about page.

Update: Thanks to our commentor for the CEO's name.  Turns out the company is in Columbia S.C. Too bad as we always like to see another mobile startup join the ranks here in Boston. Good luck to Alexandr and his team at iTekka.  I did find that they visited the last Web Inno, so maybe there will be a Boston presence.

Monday, October 6, 2008

SchoolPulse

Genotrope Record: SchoolPulse

Funding Status: Seed

Investors: Firehouse Capital

Founders or Execs past companies: Pando Networks, Yandex, Comptek, and InfiNet Wireless

Industry: Consumer Web, B2C

Offering Description: SchoolPulse was designed to help parents, as well as teachers, PTA/PTO leaders, coaches, club leaders and anyone else with active kids, save time and improve their effectiveness with a robust set of easy-to-use calendars and group management tools.

Monday, September 29, 2008

Local Web Companies to Watch

We keep tabs on a lot of local companies using the Compete Dashboard.

Two that have recently enjoyed major user growth spurts are Swaptree and CitySquares.

Swaptree



CitySquares



We wish them the best as they seem well on the way towards growing significant user bases.

Friday, September 26, 2008

SnapYap

Genotrope Record: SnapYap

Funding Status: Seed

Investors: ?

Founders or Execs past companies: Gamelogic

Industry: Web Consumer Video creation

Offering Description: SnapYap.com, where video calling and messaging is simple, fun, and free for everyone. SnapYap is a video communication tool that allows you to participate in live video calls, record video messages, and send and receive video emails with absolutely no downloads.


Thursday, September 11, 2008

Killer VC Pitch Deck

Furqan Nazeeri has one of the best Boston based blogs covering the subject of startups. As a serial entrepreneur, he help found Pivot Solutions an Eze Castle spinout and is currently the founder of Virid.us an online community focused on green issues at work.

His most recent post Killer VC Pitch Deck Appendix is the latest example of the practical advice he dishes on a weekly basis.

I believe he started his blog as an EIR with Softbank Capital and now continues as a startup CEO. If you haven't read Altgate do so as you will be rewarded with an entrepreneurs perspective on the startup world and a prolific amount of insight.

Tuesday, September 9, 2008

Umber Systems

Genotrope Record: Umber Systems

Formation Date: 2008

Funding Status: Seed Round

Investors: ?

Founders or Execs past companies: Tatara, Eleven

Industry: Wireless

Offering Description: VC funded Stealth mode

Epernicus

Genotrope Record: Epernicus

Funding Status: Seed Round

Investors: Private

Founders or Execs past companies: Cyberkinetics, Schematic and Idiom

Industry: Health, B2B

Offering Description: Epernicus is a professional networking platform for health and life scientists. Our goal is to connect researchers with their real world scientific networks, enabling them to find the resources they need to advance their work.

Waiting for Web Innovators

Web Innovators is a great venue for aspiring Web startups to gain recognition here in theHub. David Beisel deserves a lot of credit for bringing out the community and promoting the web startup ecosystem. The next event is Monday the 15th of September.

At this point however, the events popularity makes it increasingly difficult for new companies to land one of the coveted presenter spots. We all know that picking which company will be successful is almost random and requires a portfolio approach to be successful. What that means is that there are probably many deserving start ups out there waiting their turn for Web Inno or "rejects" that do not fit the subjective profile of the organizers.

For you "refuses" out there, why not get a little exposure here on Buzz in theHub. We can promise an online audience at least ten times larger than Web Inno, and some free exposure.

If you are interested, please send us your information (see contact page for format) and we will publish it in an upcoming post.

Maybe if we get enough interest, we can start a smaller forum with a more intimate and interactive environment where startup teams can give and receive feedback on their betas.

Let us know what you think and send us your profiles when you are ready.

Wednesday, September 3, 2008

Dympol

Genotrope Record: Dympol

Formation Date: 2008

Funding Status: Seed Round

Investors: Friends and Family

Founders or Execs past companies: The CMJ Network, Visiblepath, Microsoft

Industry: Consumer Web, Online Entertainment

Offering Description: DYMPOL's mission is to ‘revolutionize the economy of culture’ using technology to empower consumers to search for and purchase entertainment products at discount prices, afford brand marketers with the opportunity to harness the broad appeal of entertainment to increase the efficiency of interactive advertising campaigns, and to maximize revenues for entertainment producers.

* Seeking a CTO, company to be located at the Cambridge Innovation Center

Thursday, August 21, 2008

Flipkey funding paves alternate path for Boston Web Startups

It is old news now that the startup FlipKey received a majority investment from TripAdvisor this week. See MassHigh Tech and TechCrunch articles. Congratulations are in order to the team.

What caught my eye in the TechCrunch post was the mention of two local entrepreneurs and one VC that were among the syndicate of angel investors providing the initial seed capital of $ 400K.

One of my favorite topics is the lack of qualified angel investors in Boston for the emerging Web companies that require less capital and more vision. Even though we have some of the oldest Angel Investment groups in the country and they are actively funding, one look at their portfolio shows that consumer web is not their thing. Compare this to the God Father of Silicon Valley: Ron Conway who invests at a clip of 50 companies per year.

With the FlipKey announcement, it was great to see some local entrepreneurs such as Jeremy Allaire CEO of Brightcove, Sheila Marcelo CEO of Care.com and Nick Beim of Matrix Partners backing a local consumer web property. This is a great sign that there are other avenues and maybe another class of angels ready to step up and fill the gaps left by the local "old school" angels.

Kudos as well go out to TripAdvisor for stepping up and buying into the local consumer web ecosystems.

Monday, August 18, 2008

Ticklr.com

Genotrope Record: Ticklr.com

Citation URL:

Formation Date: 2008

Funding Status: Seed?

Investors: ?

Founders or Execs past companies: Bit9, Webline

Industry: Consumer Web

Offering Description: Professional Networking

Tuesday, August 5, 2008

Virid.us

Genotrope Record: Virid.us

Citation URL:

Formation Date: 2008

Funding Status: Seed ?

Investors: SoftBank Capital?

Founders or Execs past companies: Pivot Solutions, Perillon Software

Industry: B2B web, Sutainability for businesses

Offering Description: a place where business professionals share expertise, challenges and knowledge on environmental responsibility and sustainability.

Friday, July 25, 2008

Currensee, was named Tradual

Genotrope Record: Tradual now named Currensee

Formation Date: may 2008

Funding Status: Series A

Investors: North Bridge Ventures

Founders or Execs past companies: AppIQ, Akorri

Industry: Financial Web, B2C

Offering Description: stealth mode social media website focused on international currency trading

Monday, July 21, 2008

Byledge

Genotrope Record: Byledge

Citation URL: stealth mode

Formation Date: 2008

Funding Status: Stealth, Seed

Investors: Kepha Partners

Founders or Execs past companies: Vertica Systems

Industry: Software, financial?

Offering Description: ?

Thursday, July 17, 2008

NSWG Meetup talk by @bokardo, Designing for Signup

Josh Porter, author and social design expert is giving a short talk, Designing for Sign-Up, tonight at the NSWG meetup in Newburyport. This is our regular monthly meeting at the Grog.

If you can make it, it is sure to be informative as well as a good time as always.

Boston Tech Legacy: Booklink, the beginning of the Bubble in Boston

Booklink was a browser company founded by Bill Hawkins. It could be designated as the first internet company to benefit from the internet bubble 1.0 in the Boston area. Nine people from Interleaf formed the company in 1994 and within nine months had sold to AOL for $30 million. The story goes that Microsoft was in the process of putting together an offer to purchase the company when AOL swooped in at the last minute to win the deal.

2A7379EF-7733-D9E3-7DAD-74D42B077E23


The company was funded by a little known company CMG, (College Marketing Group) that sold textbooks via direct marketing to students. It turned out to be a very wise investment as AOL stock zoomed up thousands of percentage points and the resulting return for CMG was around $250 million.

This slug of cash became the basis for the firm CMGi an internet holding company at one time valued in the billions. The CMGi story is a case study in Bubble 1.0 but we will leave it for another day.

Another point of interest, Booklink (AOL) executives were key witnesses in the DOJ trial against Microsoft regarding the browser war between Netscape and IE.

Boston area Companies purchased by CA Companies

Whoops, I found this in my drafts. Somehow I failed to post this. So it may be a little dated, but still interesting information.

Paul Maeder of Highland Capital created a very interesting slide #14 showing the Boston Companies that have helped make CA or out of state companies grow. This slide is from a talk at the Massachusetts Technology Leadership Council’s annual meeting in February titled. How MA Gets Her Groove Back.

We obviously know how to create startup here. Seems we might need to hold on or hold out a little longer to create those $ Billion Dollar anchor companies.

Thursday, July 10, 2008

Carespace

Genotrope Record: Carespace

Formation Date: 2007

Funding Status: Seed Round

Investors: Angels ?

Founders or Execs past companies: Guardent, EMC

Industry: Consumer Web, Health Care

Offering Description: Carespace.com is the first Internet based platform that enables connections, provides utility, and organizes information for caregivers wherever they may live and whomever they are caring for.

Spring Partners

Genotrope Record: Spring Partners

Formation Date: 2007

Funding Status: Seed

Investors: Battery Ventures ?

Founders or Execs past companies: Third Screen Media

Industry: Consumer Web

Offering Description: developing a customizable productivity platform that helps individuals and their families get things done faster and more effectively.

Wednesday, July 9, 2008

Boston TechCocktail 2 July 24th 6:30 PM

TechCocktail is coming back to Boston for the next TECH cocktail event this summer. You may recall, last fall the super  TECH cocktail Boston 1 which brought out a great crowd and showed off some local startups.

Make sure you RSVP as the event is filling up fast.  See you there!

Tuesday, July 8, 2008

TIE Boston Leadership Program

This is a great program sponsored by TIE Boston. The idea is to nurture emerging young leaders (ages 24 - 35) that aspire to be CEO of their own company one day. They are currently Accepting Applications for the Class of 2009! Go For it!

TIE Boston is one of the foremost organizations that fostering innovation and startup culture here in the Boston area.

Thursday, July 3, 2008

LuckyCal

Genotrope Record: LuckyCal

Citation URL:

Formation Date: 2007

Funding Status: Self Funded

Investors: Founders

Founders or Execs past companies: Ambient Devices

Industry: Consumer Web

Offering Description: LuckyCal finds LuckyCal Events, or matches, for you. LuckyCal Events can be anything from: your favorite band playing in a nearby club, last minute tickets to a game, a distant friend travelling nearby on business, or when a local friend can meet for lunch - the possibilities are endless!

Tuesday, July 1, 2008

nkdGuru

Genotrope Record: nkdGuru

Citation URL: http://www.youbethevc.com/finalists

Formation Date: July 2006

Funding Status: Seed Round

Investors: Bang Ventures

Founders or Execs past companies: Wachovia Securities

Industry: Consumer Web

Offering Description: nkdGuru [na-ked-Gu-ru] is an online academic and career oriented community that connects top talent with individuals from leading companies and graduate programs through mentorship

Wednesday, June 25, 2008

Boston based Spark Capital funds Twitter

For some reason, I think it is pretty cool that Spark Capital has invested in Twitter. Twitter's new funding round

On one hand it is a bummer that a local VC has to go to San Francisco for yet another Web investment, but somehow this one feels good. And yes, Spark has only invested in two Boston based companies out of a portfolio of twenty. Or maybe only one, as it looks like Buzzwire is now mostly based in the Denver Co. area.

On the other hand it is good that a Boston firm is supporting a high risk darling of the web set with growing traction, scaling problems and no defined business model. I like that Spark is countering the perception of the stodgy and conservative modus operandi of the traditional Boston area VCs. They have demonstrated this via the Twitter investment as well as their initiative to curtail the use of non-compete agreements by Massachusetts companies.

I had mentioned before that Boston has another loose association with Twitter in a past post. Certainly we have some very active Twitterati such as @pistachio and @chrisbrogan to name only the tip of the iceberg.

So Kudos to Spark Capital. We can only hope that they find a Boston/Cambridge startup worthy of their attention. Who knows, they might be the first VC to snag a Y Combinator summer session company and keep it here rather than forcing a move to San Francisco or SV.

Check out Scott Kirshners post for more detailed analysis.

Monday, June 23, 2008

Youcastr

Genotrope Record: Youcastr

Citation URL: http://www.boston.com/business/ticker/2008/02/youcastr_empowe.html

Formation Date: 2007

Funding Status: Seed Round

Investors: Founders

Founders or Execs past companies: Mercator Partners, Intrepid Learning Solutions, Fletcher Spaght, Inc.

Industry: Consumer Web, Entertainment

Offering Description: YouCastr is a personalized, interactive and entertaining Sports Network

YouCastr is creating an interactive sports network where fans interact with each other before, during and after a game, making the experience of following their favorite sports more fun and social.

Friday, June 20, 2008

Wistia

Genotrope Record: Wistia

Formation Date: 2006

Funding Status: Private, Self Funded?

Investors: Founders?

Founders or Execs past companies: TopTenSources, Blogniscient, AgencyPort, Brainshark

Industry: B2B Video

Offering Description: Wistia allows you to easily and securely share video with your team around the office and around the world.

Wednesday, June 18, 2008

Vitruva

Genotrope Record: Vitruva

Formation Date: 2006

Funding Status: Seed?

Investors: ?

Founders or Execs past companies: Iconics, Fidelity

Industry: Consumer web

Offering Description: Vitruva is a second generation career website powered by an artificial intelligence job matching engine. We connect talented professionals with highly qualified job opportunities instantly - in real-time. Our patent-pending engine searches around the clock and nationwide.

Thursday, June 12, 2008

TownConnect

Genotrope Record: TownConnect

Citation URL: TownConnect News

Formation Date: 2006

Funding Status: Seed Round

Investors: Angels & Founders

Founders or Execs past companies: Mike Ford: Computer.com, Quigo Technologies, Did-it Search Marketing

Industry: Consumer Web, Internet - Media

Offering Description: TownConnect organizes and connects families, friends and neighbors in their local community by uniting sport teams, school groups and others online. TownConnect powers local, family social networking sites for newspapers including GateHouse Media’s www.wickedlocal.com

Bandsintown

Genotrope Record: Bandsintown

Citation URL: http://mashable.com/2007/06/08/bandsintown/

Formation Date: Jun 07

Funding Status: Self funded

Investors: Founders

Founders or Execs : Todd Cronin Phil Sergi

Industry: Consumer web covering Music, Concerts, Events

Offering Description: Bandsintown.com is an online community whose users can track their
favorite artists, connect with other live music fans, and discover new shows based on their musical tastes. Bandsintown consolidates ticket prices, concert information, and live concert media all in one place.
Signup with your Last.fm name and get customized results

Boston's Tech Legacy: Cullinet, First Software Product Company IPO

Today we are kicking off a new feature; Boston's Tech Legacy. We will be pointing the spotlight back in time to a company that played a notable role in the history of emerging technology in Boston. Our first company was a pioneer in enterprise software.

The foundation for the software portfolio of the venerable Boston VC firm Greylock was built by an investment in Cullinet. Some of the legacies of Cullinet, the first IPO for a software company, the first software company listed on the NYSE, first software company to be a component of the S&P 500 and the spawning of many successful companies including Platinum, AICorp, Ingres. Many executives from the ranks of the Cullinet management became influential as well.

Follow the link if you are interested in the complete story chronicled on wikipedia. http://en.wikipedia.org/wiki/Cullinet

Friday, June 6, 2008

VendorCity Inc.

JC Cameron one of the founders gave me a heads up on the launch of Vendor City. Sign up for their beta and check it out. They have an experienced team, and you gotta love self funded ventures.

Genotrope Record: VendorCity Inc.

Formation Date: January 2008

Funding Status: Self-funded

Investors: The three founders

Founders or Execs past companies:Revenution, WebEvent

Industry: B2B Networking, Vendor Search

Offering Description: VendorCity is a business-to-business recommendation engine that provides companies with 24-7 access to word-of-mouth vendors referrals. Our community shares stories of successful vendor relationships and ranks each vendor across several categories. Clients can then search our peer-reviewed directory of trusted vendors 24-hours a day, 7 days a week, and have immediate access to the short list of top-ranked vendors in their city.

Monday, June 2, 2008

Largest Boston Venture Firms don't invest in Boston

The local business paper, Mass High Tech* published a list of the Largest Venture Capital & private equity firms ranked by the amount invested in 2007. I found a few data points pretty interesting.

1. the top two firms with $23 Billion under management, had a total of 1 investment in NE for 2007. Granted, these firms are later stage investors and not what we may typically think of as Venture Firms.

2. The VC that invested the most in the Boston area, half again as much as their closest rival, was North Bridge Venture Partners, with 41 deals for $142,000,000.

It should also be noted that NBVP is leading the way for the "old school" Boston VC firms by expanding into more consumer oriented investments in both mobile applications and web properties.

3. Next was Polaris Venture Partners with 30 deals for $91,300,000.

Some top firms were missing from the list, Charles River Ventures, General Catalyst, Matrix Partners, Sigma Partners, I assume due to not responding to the survey.

thanks to MHT for the work to compile this list.

* I could not find this List in the online Mass High Tech. If anyone comes across the link, please send me and I will update the post.

Wednesday, May 21, 2008

Paragon Lake

Genotrope Record: Paragon Lake

Formation Date: 2006

Funding Status: Series A

Investors: Highland Capital

Founders or Execs past companies:Founders under 25 started company while students at Babson. VP eng from N2N Commerce

Industry: Consumer Web, custom jewelry

Offering Description: We simplify the design process for jewelers and their customers. We can craft anything from unique engagement rings to a personalized pair of earrings in as little as two weeks.

Friday, May 16, 2008

Six Things Learned at POPSignal

1. PR Companies are good to have at Tech networking events. Otherwise there would be few females and all the conversations would go something like this " and then I ran a benchmark series using the sysbench fileio option to further benchmarkall three types of EC2 instances. it looks like / mounted filesystem (/dev/sda) has much better raw io performance than the larger /mnt (/dev/sdb) filesystem."

2. There is rumor of an upcoming falafel-off Tech Meetup to be held at MIT in the near future.

3. There needs to be a more macho name for a white wine spritzer.

4. There are a lot of interesting small web companies out there built and run by a single hacker/founder. www.jobvent.com is one example, along with a few stealth ones I look forward to profiling in the future.

5. Don't let your drunken engineers hang around until the end, as they are libel to spill the dirt on the inner-workings of your organization. (Don't worry, your secrets are safe with me).

6. Brian and Jay know how to put together a networking event.

Wednesday, May 14, 2008

See You at PopSignal thursday at Tequila Rain near Fenway Park

If it is anything like their last gathering, Brian and Jay will have another mega networking event to their credit. http://www.popsignal.com/

Pixily

Genotrope Record: Pixily

Formation Date: 2007

Funding Status: Self Funded

Investors: Founders

Founders or Execs past companies: JPeople

Industry: B2B, B2C

Offering Description: Pixily is an online subscription service that helps consumers and small businesses aggregate, organize, find and share both paper and digital documents.

Tuesday, May 13, 2008

New Flash Company Graphs

We are pleased to announce that the old java applet is gone and in it's place is a beautiful flash graph. The graph contains more information, when you mouseover a company node, you now see the Status, Industry and Comments fields. The companies are arranged in groups according to what stage they are in. Series A, Acquired etc.... SelectClick a node and it will be come the focus Company and display the relevant record. Clicking in the white space allows one to pan the groups which uncover any company previously hidden.

A great place to check it out is from the VC Directory.

Best of all, the graph loads much faster now. You might have to reload or refresh your browser window. Enjoy.

Congratulations to Ganesh, you made John very happy.

Friday, May 9, 2008

Check out Tech Tuesday next week

Dan Bricklin asked us to remind people of the upcoming event Tech Tuesday at The Skellig Irish Pub in Walltham. This regular event has been drawing good crowds for a long time. I will see you there as I have my sights on the XBox 360 the sponsor Microsoft is giving away.

Saturday, May 3, 2008

Even Cooler List of mostly Early Stage Companies

Scott Kirsner the well respected chronicler of all that is Tech in Boston, recently published his "Cool Half-Hundred" Companies list. In the same spirit, we are putting together our own purely subjective, no logical reason or diligent analysis list of companies that we think are worthy of the "Even Cooler" tag.

Web Fun:

Doink.com - Online art and animation with a social component.

Viximo - Virtual Goods Market

Swaptree - Online trading of CDs, Games and Books, with 3-way trading algorithm.

Web Services:

Kayak - Huge and successful online comparison shopping for airline tickets.

SecondRotation - sell and recycle electronics at an agreed upon price.

Good2Gether - Online distributor of Non-Profit information and donation mechanism.

Web Media/Advertising:

Affine Systems - technology that analyzes the visual content of videos and images ," not just the metadata "

Lookery (sorta Boston) - demographic advertising for Social Networks

Product Design / Web Design / Marketing

Bokardo.com - Social Web Design

Hunt & Gather - Interactive Media Agency

SimpleBits - world recognized expert in the field of standards-based web design

Research & Development

Arts Alliance Labs - build highly scalable, advanced technology products

Virosity (BetaHouse) - ruby on rails development for early stage startups

Hacker Homes (where senior hackers go to play)

Abinitio - massively paralell financial analysis applications

ITA Software - advanced algorithms and distributed computing techniques for airline industry

Software:

Acquia - value-added software products and services for the Drupal platform

Autovirt - state of the art solutions to the problems of Data Migration and File Server Consolidation

Cilk Arts - products that allow rapid development of reliable, high peformance applications for chip multiprocessors

Tokutek - accelerate key database operations by orders of magnitude

Vertica Systems - column-oriented relational database management system (RDBMS)

Mobile:

Aylus Networks - MediaShare family of products and applications to enable a new class of real-time multimedia sharing solutions.

Envio Networks - mobile social networking?

Geezeo - Social on-line finance


Mobicious - best place to find anything for your phone

Communications:

Auraria Networks - products that are at the leading edge of content management and information identification and analysis

Friday, May 2, 2008

Boston calling Dave McClure or your clones

Recently there was an invitation only workshop at Boston University addressing the question, "Is Boston's Venture Ecosystem Losing More Ground to Silicon Valley?"dave mcclure photo

At some point we might be privy to some of the discussions and conclusions reached during that confab, but for now, I would like to add an issue to the discussion.

Where are the active angel investors like Master of 500 Hats in the HUB? Silicon Valley is rife with successful entrepreneurs that have now turned to investing and advising the next generation of startups. Individuals such as Ron Conway, Reid Hoffman and the PayPal mafia, Paul Bucheit and several other xGooglers and the list goes on.

Maybe it is just a perception and there is a lot of activity in this area, just not publicly acknowledged. It might be attributed to adherence to that old Yankee adage that "your name should appear in the paper only three times: when you are born, when you marry, and when you die." as mentioned on the eCoastAngels web site. Or, the reason may be the dearth of successful Web and SaaS companies in the area. But it seems that even in relative terms, the Boston area lacks this kind of angel/advisor/entrepreneur. Is our attitude here to keep our success to ourselves rather than pollinate our neighbors? Lets see if there are more of these individuals than we know about.

So, I am hoping to bring visibility to the angel/advisory activity here in theHub. Following are a few examples of the individuals we need more of. The list is only a start and not exhaustive, please send me your examples of these individual and I will add them to this post.

Who do we have here in Boston filling this much needed space in the investment ecosystem? Well, certainly the premier contributor would have to be Paul Graham of YCombinator. They have the seminal investor/advisor model, which is proving successful. Too bad most of their companies have to move to SV to find investors. A case could be made that based on YC's track record, if someone started an angel fund, say Dart Angels, by throwing 5 darts into a Demo Day dartboard, and investing in those five companies, they could be successful. That is a shame that the YC companies can find no traction here in Boston.

One example of local individual angel/advisor here in Boston is Andrew Payne After successful stints founding Open Market and Revinio, he is actively investing in and creating new consumer Internet projects.

Dharmesh Shah is a driving force on the local startup scene, both as a founder and angel investor.

Now the call is out. Hey there VistaPrint, Bladelogic, Tripadvisor, Akamai, Upromise, Lycos, Open Market, Storage Networks, EMC, MQube .....etc. whats up?

Readers have nominated the following individuals for the list of Advisor/Angels

Don Dodge local Microsoft Exec and Angel/Advisor of local startups


Monday, April 28, 2008

Awareness

Genotrope Record: Awareness

Formation Date: 2005

Funding Status: First Round

Investors: Greylock, North Bridge Venture Partners

Founders or Execs past companies: Microsoft Canada, Sqa, Authentica

Industry: Enterprise Social Networks

Offering Description: At the core of the Awareness solution is an on-demand social media platform that combines the full range of Web 2.0 technologies—blogs, wikis, discussion groups, social networking, podcasts, RSS, tagging, photos, videos, mapping, etc.—with security, control, and content moderation.

Friday, April 25, 2008

Playhard

Genotrope Record: Playhard



Formation Date: 2008

Funding Status: Series A

Investors: NEA

Founders or Execs past companies: Turbine

Industry: Consumer Web, Online Sports Games

Offering Description: Play Hard Sports is the first sports network in North America focused exclusively on developing, publishing and distributing exceptional sports games and entertainment across the Internet.

Thursday, April 24, 2008

Coming Soon ! TechCrunch Puppet Show

A lot of bits have been generated regarding the recent swipe TechCrunch took at the departing Chief Architect of Twitter. The personal taunting and Tabloid aspect have ticked off a few people. Of course the article had the desired effect from the TechCrunch perspective and the page views and comments are flying.

The point I want to bring up is that this method of personal "dissing" seems to be directly influenced by the recent visit of Loren Feldman to the TechCrunch "compound". Feldman has recently caused a bit of controversy on his own by singling out Shel Israel to personally ridicule and generally try to make his life miserable. He has gone to the lengths of registering the shelisrael domain where he hosts puppet show parodies of Shels FastCompanyTv show interviewing Web personalities. While I have to admit that some of the bits made me laugh, the unrelenting and apparent meaness can get old quickly. If you look in the background of some of the interviews which were shot at the Arrington enclave, you can see Mike Arrington in the background assuming the role of grip as the puppet works his magic. At that point I had an ah ha moment but didn't know why. Now the latest controversy makes it obvious. Has TechCrunch taken a step closer to the ValleyWag approach. You be the judge. Next up a scathing animated feature starring Zuckerboig and a parody of the recent Facebook chat app.

So what is next? Loren is obviously taking a page out of the Howard Stern, start a beef, playbook. Even on this relatively tiny scale, it bumps up traffic. So how about an East Coast vs. West Coast beef or "Social Media is for Wussies" campaign led by Amanda Chapel.

Bottom line, there is not really a major point to this post, but I was hoping do my little part by fanning the flames to jack up the pageviews with a manufactured controversy and link bait headline.

Wednesday, April 23, 2008

POPSignal event May 15th

For those of you that attended Techcocktail last September, you will remember the great event put on by Brian Balfour and Jay Meattle and Geezeo. Well they are at it again with POPSignal. http://popsignal.eventbrite.com/

If you missed it last year be sure to try to attend. Don't wait to sign up. See you there.

Monday, April 21, 2008

Doink.com DK Pictures

Genotrope Record: Doink

Citation URL:

Formation Date: 2007

Funding Status: Seed, Alpha test, accepting new user registration

Investors: Self Funded

Founders or Execs past companies: Dome Imaging, Mindreef

Industry: Consumer Web, Animation and Web Graphics

Offering Description: DoInk is a place to enjoy art and animation, and make your own. Company is DK Pictures.

Buzz in theHub covered this company previously but they were in stealth mode. Now they are in Alpha and accepting new users. We usually refrain from making any comments on an application or review the capabilities, but in this case having been present during demos to users, I can say that the app is universally accepted and blows away any engineer familiar with what it takes to build such an app. I hope to see good things from Doink and a funding by a local Web VC.

Tuesday, April 15, 2008

Affine Systems

Genotrope Record: Affine Systems

Citation URL:

Formation Date: 2007

Funding Status: Series A

Investors: Highland Capital

Founders or Execs past companies: Microsoft, Institute for Defense Analyses (IDA)

Industry: Online Video, Online Advertising

Offering Description: Our technology analyzes the visual content of videos and images "not just the metadata" to provide superior contextual advertising and brand protection to our customers.

Monday, April 14, 2008

Aprigo

Genotrope Record: Aprigo

Citation URL:

Formation Date: 2007

Funding Status: First Round

Investors: Cedar Fund

Founders or Execs past companies: EMC, NetApp

Industry: Storage, Data Management

Offering Description: aprigo is about data and the people that manage it on a daily business

Friday, March 28, 2008

New Boston Venture Firm Directory page has been added

We have added a new page to this blog

Boston VC Directory + Investments


Not fully comprehensive, but a good start. By clicking on the VC firms name you can see what companies they have invested in and what stage the companies have attained. Let us know if you have any firms you want included.

Contact Us

myhappyplanet

Genotrope Record: myhappyplanet

Citation URL:

Formation Date: 2007

Funding Status: Seed Round

Investors: ?

Founders or Execs past companies: Harvard MBA candidate from P&G, Radiosherpa

Industry: Consumer Web

Offering Description: Learn a Language, Make Friends , Have fun

Thursday, March 27, 2008

PicMe

Genotrope Record: PicMe

Citation URL:

Formation Date: 2007

Funding Status:

Investors: Self Funded

Founders or Execs past companies: Microsoft

Industry: Consumer Web

Offering Description: The photos that you love to share, view and enjoy are now hidden away in your computer like a digital shoe box.

Friday, March 21, 2008

Newsflashr

Genotrope Record: Newsflashr

Formation Date: 2007

Funding Status: Seed Round

Investors: ?

Founders or Execs past companies: InstantBull.com

Industry: Consumer Web, semantice web news

Offering Description: greater ease of use and a story selection process that helps readers understand how the site picks its top news items.

Thursday, March 20, 2008

Moborazzi







Genotrope Record: Moborazzi

Citation URL:

Formation Date:

Funding Status:

Investors:

Founders or Execs past companies: Groove Mobile

Industry: Wireless, Consumer Web

Offering Description: Snap, Share, Instantly, Anywhere

Traackr

Genotrope Record: Traackr

Citation URL:

Formation Date: 2007

Funding Status: ?

Investors: ?

Founders or Execs past companies: Optaros

Industry: Consumer web, user content creation

Offering Description: Traackr is the answer to digital content creators' frustration.

If you have pictures, videos, music or even reviews scattered across the Web, and you have no idea how many people are looking at them or responding to them, Traackr is the ultimate answer.

Sunday, March 16, 2008

Michael Arrington falls for Y Combinator

In the past weeks we have seen evidence that the founder of TechCrunch has become enamored with the Boston based funding phenomenon Y Combinator.

The first clue was a post that heaped praise upon the YC hosted Digg/Reddit like site Hacker News, which commands a world wide audience of aspiring hacker entrepreneurs. Some have suggested (see the post's comments) this was an attempt to damn the site with strong praise, bringing it down with an influx of the TechCrunch hordes. The following quote and the post's last sentence delivers an ambiguous message. "Hopefully as the site continues to attract new users, the magic won’t be lost." If you have read some of the comments on TechCrunch, you will understand why the Hacker News crowd is worried.

Secondly, there have been ten posts mentioning Y Combinator in the last two weeks.

The last sign was a recent positive book review by Arrington on Facebook of YC partner Jessica Livingston's book, Founders at Work, that came out in the summer of 2007.

All of this recognition has me wondering what is up?

I spoke with Mike Arrington for about ten minutes when he was in Boston hosting the TechCrunch Meetup 11 on November 16, 2007. One of the questions I asked "are you planning on bringing someone on board to cover the local Boston startup scene?" His reply was along the lines of "there is nothing innovative coming out of Boston." While I suspect the comment was somewhat tongue in cheek, there is always a little truth in sarcasm. It is well known that the TechCrunch stance is Silicon Valley centric.

Could these recent ministrations be an admission that maybe the Boston scene can contribute to web innovation? Granted, even though the local VC's get there shot at backing Boston's innovative YC companies, most move to the valley to get funding.

So what might this new found love for Y Combinator mean?

Don't be surprised to see another YC clone pop up out in the Valley backed by TC and various associates. It already exists in a loose fashion. A more organized approach might be more effective. It could be a welcome addition for unknown founders to find funding when they are not plugged in to the Ron Conway or PayPal mafia deal flow. This would make sense and fit into the grand scheme of TechCrunch world domination for all things start up, set in motion alongside CrunchBase and TechCrunch 40.

Imitation is the sincerest form of flattery, and there is some serious flattery going on. Time will tell what materializes from all this admiration.

Of course our speculation could be totally wrong. In any case, TechCrunch has pointed out that the Boston area is innovative and companies started here have an impact in SV.

Friday, March 14, 2008

Jackpot Rewards

Genotrope Record: Jackpot Rewards

Company URL: http://www.jackpotrewards.com/

Citation URL:

Formation Date: 2007

Funding Status: Series A

Investors: has raised $16.7 million in Series A financing from a group of individual investors including Lynch, Connors, Chuck Clough

Founders or Execs past companies: WNI Inc., Virtual Iron, Cingular

Industry: Consumer Web

Offering Description: Jackpot Rewards will donate half of its after-tax profits to childrenâ??s charities, and two, that everything about the company, from the structure of the rewards program to the rules of its sweepstakes, is designed to maximize the amount the company is able to give away.

Old Road Computing

Genotrope Record: Old Road Computing

Citation URL:

Formation Date: 2007

Funding Status: First Round

Investors: IDG Ventures, Highland Capital

Founders or Execs past companies: Virual Iron, Axiowave, Verisign

Industry: Mobile Security

Offering Description: Old Road Computing (our stealth name) is a hot new start-up in Westford, MA which will solve the growing problem of managing mobile devices on enterprise networks. Using technology only recently available on these platforms we will reduce the cost of managing loosely connected devices while simultaneously increasing their security and reliability.

Viximo

Genotrope Record: Viximo

Citation URL:

Formation Date: 2007 Q4

Funding Status:

Investors: Sigma Partners, North Bridge

Founders or Execs past companies: Constant Contact, Zoominfo, Pango Networks

Industry: Consumer Web

Offering Description: We're amassing an army of the world's most talented graphic designers and animators. If you've got the talent, the passion and the black-frame glasses, why don't you enlighten us.

See our initial post: Stealth Startup

Monday, March 10, 2008

BizUnite

Genotrope Record: BizUnite

Company URL: http://www.bizunite.com

Citation URL: just begun our pre-launch seeding

Formation Date: July 2007

Funding Status: Privately funded, terms not disclosed

Investors: Funded via an investment from a large Manchester, NH-based organization.

Founders or Execs past companies: Acadient, Carpet One

Tuesday, March 4, 2008

Attivio Inc.

Genotrope Record: Attivio Inc.

Company URL: http://www.attivio.com/

Citation URL: http://masshightech.bizjournals.com/masshightech/stories/2008/02/11/story6.html

Formation Date: 2007

Funding Status: First Round

Investors: Swedish angel investor

Founders or Execs past companies: GetConnected, Fast Search and Transfer

Industry: Enterprise Search, Software

Offering Description: Attivio's Active Intelligence Engine (AIE) is the first information platform to provide two very basic but critical functions: a universal repository for both data and content, and a real-time alerting system that connects good, relevant answers directly to your corporate processes

Monday, March 3, 2008

Crimson Hexagon

Genotrope Record: Crimson Hexagon

Company URL: http://www.crimsonhexagon.com/

Citation URL:

Formation Date: 2007

Funding Status: Seed

Investors: ?

Founders or Execs past companies: Icosystems, Razorfish

Industry: Web Publishing, Consumer Web

Offering Description: Crimson Hexagon is a patent pending text reading technology that allows users to define the questions they want to ask, and crawl the blogosphere for fast, accurate answers.

Wednesday, February 27, 2008

Patientslikeme.com

Genotrope Record: Patientslikeme

Company URL: http://www.patientslikeme.com/

Citation URL:

Formation Date: 2004

Funding Status: Seed

Investors: Omidyar Network, Collaborative Growth & Seed LLC

Founders or Execs past companies: three MIT engineers

Industry: consumer web, Health Care
Offering Description:  PatientsLikeMe is committed to providing a better, more effective way to capture valuable results and share them with patients, healthcare professionals, and industry organizations that are trying to treat the disease.





  






  

Tuesday, February 26, 2008

LiTL

Genotrope Record: LiTL

Formation Date: 2007

Funding Status: seed funding

Investors: Aquent spinoff

Founders or Execs past companies: RedHat, Aquent, iCache, Oracle

Industry: consumer

Offering Description: consumer product that involves hardware, software, and online services.

Friday, February 22, 2008

Hangout Industries

Genotrope Record: Hangout Industries

Company URL: none

Citation URL:

Formation Date: 2007

Funding Status:

Investors: Polaris

Founders or Execs past companies: Pantero

Industry: Web gaming

Offering Description: combining the best of the web and 3D to create cool new user experiences.

Wednesday, February 6, 2008

Good2Gether

Genotrope Record: Good2Gether

Company URL: http://www.good2gether.com/

Citation URL:

Formation Date: 2007

Funding Status: Seed Round

Investors: ?

Founders or Execs past companies: Virtual Ink.

Industry: Business to Non Profit

Offering Description: good2gether enables nonprofits to enter volunteering opportunities, events, in-kind donation needs, etc., then distributes this info across the entire network, to everyone's benefit:

Tuesday, February 5, 2008

CitySquares

Company Name: CitySquares

Company URL: http://citysquares.com/boston

Citation URL: http://masshightech.bizjournals.com/masshightech/stories/2007/04/30/story8.html

Formation Date: 2005
Funding Status: Seed Round
Investors: eCoast Angels
Founders or Execs past companies: Atomic Enterprises

Industry: Consumer Web, HyperLocal Search

Offering Description: Local businesses are being challenged every day, all across the country. The challenges are great, and they're not getting any easier. Citysquares.com gives those businesses a voice through an online presence that they can afford.





  

Thursday, January 31, 2008

Want to learn how to recruit? Look to the New England Patriots

If you want to learn how to recruit for your organization, there is no better example than the New England Patriots. Recruiting at its most basic is targeted marketing.

It's all about creating an attractive message about accomplishments, work environment, challenging work, your stellar team and then promoting that information to the marketplace.

Scott Pioli and Bill Belichick have put together a team without parallel in its excellence by using all the previously mentioned attractors.

Accomplishments: Three superbowl wins (and counting) this decade. Record setting offense..... you get the picture.........If you are a newly created company, the best data points you can provide your recruit prospects are the accomplishments of your team and the quality of your investors.

Stellar Team: MVP quarterback, top offensive line, best receivers in the league, quality and flexibility at every position. Individual accomplishment is subsumed by the team effort and knowledge that it takes effort from every member to achieve their goals..........Working with great people, that challenge and inspire brings out the best and raises the performance of the entire team. That is why, for a start up, the first hires are extremely important in determining the "DNA" of the organization and the quality of candidates the company can attract.

Challenging Work: What could be more challenging to an NFL team than attaining a perfect season? Imagine the difference in the challenge and motivation of playing for the Miami Dolphins or the Patriots. As a player, which would you prefer?.............Bottom line, going to work everyday when you are engaged and enthralled by what you do is very fulfilling. The hardest jobs can be the most rewarding.

So, lets look at some signs that a recruiting program is working?

1. Great candidates don't expect to be bought or opt for less short term compensation, so the team can attract more talent..... Randy Moss world class receiver and MVP quarterback Tom Brady both made decisions based on more than money to make the deal to bring Moss to New England.

2. Losing great individual contributors yet maintaining a high level of organizational performance. Remember Ty Law and Deione Branch, who?

3. You have created an organization that attracts talent: Bengals receiver Chad Johnson wants to play for Patriots.

4. Team members get even better in your organization. Wes Welker is a prime example with 67 receptions and 1 TD in Miami and 112 catches and 8 TD's with New England.

Admittedly, the Patriots are an extreme example of what happens when you have a highly successful recruiting program. In our industry, maybe Google has a similar image and resulting recruiting story.

For the rest of us, knowing where we are trying to get and what the ingredients are to achieve our goal is what we can learn from the Patriots. Figure out what is attractive about your company, make the work challenging and interesting and err on the side of caution when bringing in the core team.

Friday, January 25, 2008

Tokutek Inc.

Company Name: Tokutek Inc.

Citation URL:

Formation Date: 2006

Funding Status: Seed Round

Investors: ?

Founders or Execs past companies: Akamai, Google, Giganet

Industry: Database

Offering Description: Tokutek's patent-pending technology is a result of eight years of research and development by experts in cache-oblivious algorithmics and is used to accelerate key database operations by orders of magnitude. Tokutek's solution is based on revolutionary new Fractal Tree™ technology. The Tokutek solution plugs into the back-end of a database, allowing operating practices to continue without change while the performance of the system improves dramatically.





iSeeCars

Company Name: iSeeCars

Company URL: http://www.iSeeCars.com

Citation URL:

Formation Date: 2007

Funding Status: Self-funded

Investors: Self-funded

Founders or Execs past companies: Deloitte, Storage Networks, NEC, Verifone, SAP, SolidWorks

Industry: Consumer Internet

Offering Description: iSeeCars is a meta search engine for cars for sale listings across the Web, currently searching over 250 websites including newspaper, local dealerships, classifieds, and auction websites. Built specifically for the car consumer, iSeeCars helps users easily and quickly find the perfect deal for the perfect car through iSeeCars' proprietary and unique technology and functionalities.

Tuesday, January 15, 2008

Flylite

Company Name: FlyLite

Company URL: http://www.flylite.com:8080/iCloset/index.do

Citation URL:

Formation Date:

Funding Status: Seed

Investors:

Founders or Execs past companies: Winnipeg Free Press, Evolve Golf, Inc.

Industry: Consumer Web

Offering Description: Flylite is the world's first remote wardrobe manager for frequent flyers. We serve frequent flyers who understand that time, more than anything else, is their most precious commodity.