New law makes it easier for anyone to fund a startup
Last Friday the Security and Exchange Committee (SEC) approved Title III Jumpstart Our Business Startups (JOBS) Act, allowing non-accredited investors the opportunity to participate in equity crowdfunding. Built In NYC explored how it would affect startup funding. [Built In NYC]
New York’s Zeta Interactive buys part of EBay Enterprise
Marketing platform Zeta Interactive acquired the customer relationship management division of eBay Enterprise for an undisclosed fee. The eBay business helped big brands with their digital marketing and e-commerce and should enhance Zeta Interactive’s brand services. [Xconomy]
A Handy $50M funding round
The on-demand home service provider, Handy, announced a $50M Series C funding round led by Fidelity. The business connects customers to professionals of virtually every home service with the tap of a button. [Built In NYC]
Vice TV channel
Vice Media announced a deal to launch its own cable TV Channel. The A&E network’s H2, a spinoff of the history channel, is to be transformed into a Vice Media lifestyle channel called VICELAND. [Built In NYC]
BodyLabs raises $8 million
New York-based BodyLabs announced an $8 billion Series A round led by Intel Capital. Body Labs creates realistic 3D body scans that go well beyond matching up points on a body and actually includes data about the different properties of the human body. [TechCrunch]
Geeks and Ghouls
The spookiest holiday of the year happened over the weekend and New York tech startups didn’t miss out on the action. Built In NYC took a look inside some of the best office parties. [Built In NYC]
Bitcoin recovery
Bitcoin made a comeback this week. The cyber currency has been declining in value ever since its largest exchange went under in early 2014. But investment from China meant the price of Bitcoin rose above $500 this week, a 100 percent monthly increase. [New York Times]
