VC Roundup: Packlate.com raises cash, DreamIt teams up with NYC accelerator - Technical.ly Philly

Growth

Feb. 16, 2010 8:30 am

VC Roundup: Packlate.com raises cash, DreamIt teams up with NYC accelerator

Welcome to the VC Round-up, where we’ll parse through venture capital news related to Philadelphia-based private equity firms and the companies they fund. Subscribe to the roundup as an email newsletter. If you have any VC-related news to pass along to us, please drop us a line. DEFINITE READS DreamIt Ventures has partnered with 67th Ward-based startup […]

Welcome to the VC Round-up, where we’ll parse through venture capital news related to Philadelphia-based private equity firms and the companies they fund. Subscribe to the roundup as an email newsletter. If you have any VC-related news to pass along to us, please drop us a line.

DEFINITE READS

DreamIt Ventures has partnered with 67th Ward-based startup accelerator program Startl to accept five companies into this summer’s DreamIt program.

University City Science Center-based vacation rental service Packlate.com has raised $650,000 from local firms First Round Capital and ETF Ventures. The company’s CEO is DreamIt co-founder Steve Barsh, who also got his car dug out by a backhoe this week.

MIGHT BE WORTH YOUR TIME

VC rag peHub is still taking votes on where it should hold its next event. Philly is currently in a distant third. We’re just throwing this out there: we are not above automatic voting scripts, people.

Comcast Interactive Capital leads a $16 million Series B round for the Baltimore-based TV advertising company TidalTV.

GIVE A GLANCE

First Round Capital has created a job board for its portfolio companies drawing widespread praise for its entrepreneurial thinking. Not to brag, but we’ve had a Jobs Board for months.

If a roundup links to a roundup will the Interwebs explode? The Inky writes that Franklin Square Capital Partners has a new president, Jeff Rosenblum.

The VC Roundup will deliver Philadelphia private equity news hot and fresh every Tuesday morning.

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