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10 Apr

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Tachyus, a Data Start-Up for Oil Industry, Raises $6 Million

April 10, 2014 | By |

Since graduating from Stanford in 2011, Dakin Sloss has already co-founded two start-ups, including the government data analysis company OpenGov.

But several months ago, he and two friends began discussing what their next project should be. After research into a number of industries ripe for more sophisticated data analysis, they came up with a surprising one: oil and gas.

What the three founded has become Tachyus, which aims to create an array of sensors and mobile applications to help oil and gas producers better record and analyze their wells. The company plans to announce as soon as Thursday that it has raised $6 million from a group led by Founders Fund and includes Streamlined Ventures, Caffeinated Capital, Huron River Ventures, and Formation 8.

Read more on New York Times: Dealbook

26 Mar

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Farm App Harvests Big Data

March 26, 2014 | By |

When Jesse Vollmar told his mom he wanted to start a technology company that utilized data to help farmers run their business, his mother was worried. It wasn’t the business plan that had her concerned but the uncertain future. Read more on ModernFarmer.com

12 Mar

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Testing UberX, Lyft and Sidecar Against a Cab in Six Cities

March 12, 2014 | By |

The Amazing Ride-Share Race. We had six teams use ride-sharing services and a taxi cab to get to the same destination in peak-hour traffic in six cities….The one app that stood out as a winner is Sidecar. Not only did it cost, on average, about 10% less than the taxi, but it gave us more of a feeling of control. Read more on wsj.com.

 

 

19 Feb

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After Raising $10M From USV, SideCar Pivots To Offer A Ride-sharing Marketplace

February 19, 2014 | By |

Peer-to-peer ride-sharing startup SideCar is releasing a brand new version of its app for both passengers and drivers, which will provide more flexibility for drivers and more choice for passengers. The new version is being announced along with an investment by Union Square Ventures and the appointment of Fred Wilson to its board of directors. Read more on TechCrunch.

27 Jan

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How Local Businesses Provide Same-Day Delivery Service To Customers

January 27, 2014 | By |

One of the hottest trends in e-commerce this past year was same-day delivery services. Packages are being delivered on the same day by cars, trucks, planes and bicycle couriers. Amazon is even piloting drones for last mile deliveries. The same day delivery trend is driven by companies of all sizes.

Garrick Pohl, the founder of zipments, told me that his company offers same-day delivery for large retailers, e-commerce and local mom/pop shops to stay competitive. Fortunately, many companies have found that same-day delivery with zipments to be a more affordable option than two-day delivery with the U.S. Postal Service or UPS. Read more on Forbes.

20 Jan

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Zipments is coming, and it’s bringing candy

January 20, 2014 | By |

The New York-based same-day delivery platform launches here Tuesday, and brings with it a partnership with 1-800-Flowers.com.

Zipments — whose backers include Chicago Ventures, led by Kevin Willer — will handle local delivery of the flower distributor’s gourmet gifts, which include select chocolates from Fannie May.

Read more on Chicago Sun Times.

15 Jan

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Ann Arbor-based tech startup secures $4 million round of funding from Midwest venture capitalist

January 15, 2014 | By |

FarmLogs, an Ann Arbor-based agricultural tech startup, announced Wednesday that it closed on $4 million Series A round of funding, led by Drive Capital, a Midwest-based venture capital firm launched in 2012 by two Sequoia Capital veterans.

The company’s existing investors – Huron River Ventures, Hyde Park Venture Partners and Hyde Park Angels – also participated in the investment.

FarmLogs, which launched in 2012, helps farmers digitally manage their farms in order to increase yield and profitability. Farmers can monitor crops, expenses, profits, weather and prices using the software. The web and mobile apps are used by commercial farms in all 50 states and in 131 countries. Read more on MLive.com

15 Jan

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FarmLogs Raises $4M Series A To Further Advance Farming Into The Age of Apps

January 15, 2014 | By |

Just a year after securing $1 million in seed funding, Michigan-based FarmLogs is announcing a $4 million Series A led by Drive Capital. The company says it is looking forward to a big 2014 and the co-founder and CEO tells me the company will use the influx of cash to execute on an aggressive product growth plan for the upcoming year.

Jesse Vollmar, CEO and co-founder of FarmLogs, explained to me that the company is building out its product to intelligently predict and optimize crop rotations as well as automate activity data collection. Read more on TechCrunch.

15 Jan

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FarmLogs Raises $4 Million In Series A Funding

January 15, 2014 | By |

FarmLogs is a farm management software startup that builds tools for helping farmers increase their productivity and efficiency. FarmLogs participated in the Y Combinator startup accelerator program in the winter of 2012. Today FarmLogs has announced a $4 million Series A round of funding led by Drive Capital. Read more on Forbes

15 Jan

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