Away opens first store in Manhattan
Direct-to-consumer luggage and travel brand, Away, opened a new store in Soho this week. The company’s first store is located at 39 Crosby Street, only a stone’s throw away from other brick-and-mortar outposts of e-commerce companies, Warby Parker and Bonobos. [New York Business Journal]
The New York Times buys tech website The Wirecutter
In a $30 million deal, The New York Times bought tech product recommendation site, The Wirecutter, along with home good product recommendation site, The Sweethome. The acquisition comes in congruence with The Times’ recent strategy to use affiliate links in reviews and best-seller lists. [The New York Times]
FanDuel and DraftKings agree to $12M settlement with New York state
On Tuesday, New York Attorney General Eric Schneiderman announced that both FanDuel and DraftKings will pay $6 million each to the state of New York to resolve lawsuits alleging the companies engaged in false advertising. The deal ends the daily fantasy sites’ legal battles with the state, and under the terms of the agreement, each company will revise its terms and conditions disclosed to players and information about winnings online. [ABC News]
About.com launches tech website Lifewire
On Tuesday, About.com launched Lifewire, a tech information and advice website. The launch comes on the heels of About.com’s recent investment in stand-alone, niche website VeryWell, and personal finance site, The Balance. [TechCrunch]
IrisVR raises $8M Series A
Architecture and design virtual reality startup, IrisVR, raised a $8 million Series A this week. The round was led by Emergence Capital, with participating investments from Indicator Ventures, Pritzker Group Venture Capital, Valar Ventures, Azure Capital Partners, Locke Mountain Ventures, and Morningside Group. [Built In NYC]
‘Freelance in a box’ platform AND CO launches
AND CO, a platform that helps freelancers manage their business, launched out of beta this week. The service works so that freelancers can easily take care of invoices, payments, file expenses and time in order to seamlessly complete their contract projects. [Built In NYC]
Dataiku raises $14M Series A
Following a $3.6 million seed round raised in January, advanced analytics and collaborative data science company, Dataiku, announced it closed a $14 million Series A. The round was led by FirstMark Capital, with participating investments from existing investors. [Built In NYC]
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