Startups

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.

Companies: DreamIt Ventures / First Round Capital / Packlate

Before you go...

Please consider supporting Technical.ly to keep our independent journalism strong. Unlike most business-focused media outlets, we don’t have a paywall. Instead, we count on your personal and organizational support.

Our services Preferred partners The journalism fund
Engagement

Join our growing Slack community

Join 5,000 tech professionals and entrepreneurs in our community Slack today!

Trending

The Trump rally shooter perched on a building owned by American Glass Research. Here’s everything we know about it.

Quantum computing could be the next hot tech — if only that breakthrough would come

Here’s how the global tech outage impacted many of the vital systems across the mid-Atlantic region

Inside Philly City Hall’s new $6.85M lighting system, with hundreds of LEDs that dance with color

Technically Media