Technically Philly is a news site covering technology, startups and venture capital in Philadelphia.

Tag Archives: Steve Barsh

Startup Roundup: Newsberry launches new WYSIWYG campaign editor, DreamIT is everywhere

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Introducing Technically Philly’s Startup Roundup. Here, we’ll parse out the small pieces that make our greater Startup ecosystem thrive. We want to keep you in touch with the innovations that we can’t quite get to covering, but that deserve highlight. Follow along with the Startup Roundup’s dedicated RSS feed. If you’ve got news to share, get in touch.

DEFINITE READS

Old City’s Newsberry has launched a new in-browser WYSIWYG email campaign editor and is allowing users to test the demo. It’s a lot sexier than offerings we’ve seen elsewhere. We won’t mention any names ‘cos yes, we’re biased toward our region.

Philly’s NearVerse LoKast has reached 125,000 downloads in two months since launching at SXSW in Austin, Texas, two months ago, reports TechCrunch. Though the proximity-based and real-time social network was built with general use in mind, it’s quickly becoming a proxy for live music acts: a handful of bands were sharing exclusive content with users at indy rock staple festival Coachella, the publication reports. Pitchfork, get on this.

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VC Roundup: DreamIt kicks off, BFTP gets busy

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

Technically Philly was able to stop in to see half of DreamIt Ventures’ kick off weekend at the University City Science Center last Friday where local media, entrepreneurs and participating companies got a chance to network and prepare for the incubator’s third class. It was the first time that the participating companies were able to see the space and meet one another. New this year is Brooklyn-based edication investor Startl’s involvement. The group partnered with DreamIt to incubate five of Dreamit’s 15 participating companies.

In opening remarks, co-founder Mike Levinson said that DreamIt received over 350 applications and the tech world considers DreamIt as “one of the top three incubators in the country.”

Also new to this year’s class, Kerry Rupp will be replacing Steve Barsh, who is focusing on his new startup, Packlate.

The event was rounded out by Deputy Mayor of Economic Development Alan Greenberger bragging about Philly, Science Center CEO Steve Tang welcoming the businesses to the space and Click Equations CEO Lucinda Holt discussing the difference between CEOs and Founders.

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Ben Franklin Technology Partners has been busy in recent weeks. The southeast group invested $800,000 in five (mostly pharma) companies last month, but then shelled out $2 million for eight more recently. The group also released its annual report and the finalists for the New Energy Idea Contest and plans to announce a winner June 17th.


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VC Roundup: Diapers.com takes over the world, DreamIt’s largest class ever

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Updated: Clarified Osage Ventures partnerships.

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

PBJ reports that this year’s DreamIt Ventures class of 15 is its largest yet, thanks to a partnership with Brooklyn-based Startl. Five of the fifteen were from the New York fund. Last year Dreamit had 11 companies. Our buddy Peter Key also writes that Steve Barsh will be leaving the incubator to focus on Packlate.com. In a recent interview with Technically Philly, Barsh said he plans on “dedicating ten percent” to the incubator.

Diapers.com is having a hell of a month. The company just finished raising its Series E (!) round to help speed along its already-breakneck growth. The company, originally backed by MentorTech Ventures, is the largest online provider of baby care items in the country. The company has also recently received press in Forbes, TechCrunch and the Financial Times. Fellas, you can now add Technically Philly to your list. You’re welcome.


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Friday Q&A: Steve Barsh, CEO of Packlate.com

Update: Minor copy edits. Changed logo.

As reported in this week’s Venture Capital Roundup, Steve Barsh has had a busy week.

The DreamIt Ventures managing partner got his tons of national press for his latest startup, Packlate.com, from TechCrunch, the Wall Street Journal and the Washington Post. The company, based in University City (though with plans to move to West Conshohocken) aims to be a last-minute vacation booking service and has received funding from ETF Ventures and First Round Capital.

“It’s not a rocket ship yet, but it is kind of jiggling on the launchpad,” says Barsh.

Barsh says the idea has been brewing for years as he mentored young entrepreneurs at DreamIt while maintaining vacation properties in Utah.

“You know the saying ‘Those who do, do. And those who don’t, teach? I like to do both,” he says.

Currently he says he is still dedicating ten percent of his time to DreamIt but says he wants to focus most of his efforts on his new startup. We spoke with Barsh about Packlate’s future, how DreamIt can survive with preoccupied management and when we’ll be able to book a Jersey Shore vacation with Packlate.


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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 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.

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DreamIt Ventures Demo Day 2009: our awards

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A crowd of more than 200 in the Independence Visitor Center ballroom for the second Dream It Ventures Demo Day.

Demo Day marked the end of the second session of DreamIT Ventures, with the box score showing growth: one company sold, several pledging to retain ties to Philadelphia and six already moving on user acquisition.

A collegial crowd of 200 — t-shirt adorned developers, business casual 20- and 30-somethings and a crush of lawyers and investors — piled into the Independence Visitor Center ballroom, away from cloudy skies and occasional rain, to hear presentations from 10 tech startups that were housed in the University City incubator this summer.

The buzz was just how few of the 10 presenting startups were actively and openly seeking funding — just three by our count — and the growth DreamIt has seen.

Some estimates put the audience size at nearly double last year’s inaugural Demo Day, during which the incubated companies present their progress after the three month program. There was national attention not present last time, with coverage from ReadWriteWeb and Tech Crunch on record.

Below we run through the ten companies and, more importantly, give awards for their presentations.


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