Technically Philly is a news site covering technology news in Philadelphia.

Tag Archives: TicketLeap

TicketLeap stealthily raised $2.5 million in additional funding last year

Update: edited MentorTech info.

According to SEC filings, TicketLeap scored $2.5 million in a funding round that included MentorTech Ventures.

While the money was raised in September of last year, the appropriate SEC filings didn’t get filed until last week. The company choose not to seek any publicity for the new round.

In a phone call to Technically Philly, CEO Christopher Stanchak said the funds weren’t for anything specific and were meant to “scale up” the business.

MentorTech was also included in the company’s 2008 Series A round for $2 million and MentorTech managing partner Michael Aronson sits on the TicketLeap’s board of directors. MentorTech exclusively funds business involving Penn grads or students, including the health system. According to his LinkedIn, Ticketleap CEO Christopher Stanchak is a Wharton ‘03 graduate.

VC Roundup: GoodCompany goes to NYC, ETF changes name

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

GoodCompany Ventures is kicking off a handful of events up and down the east coast to discuss the social good of entrepreneurship and to raise awareness about the fund’s 2010 incubator. First up: The 67th Ward. The panel will be moderated by Fred Wilson, founder of Union Square Ventures and well-read VC blogger. The fund promises Technically Philly that a Philly event is in the works, but for now we’ll be at the NYC edition. So if you managed to snag tickets, be sure to say hello.

Tengion, a Quaker BioVentures backed company is raising money for an IPO.

ETF Ventures has changed its name to SeventySix Capital. Presumably because of the company’s West Conshohocken location right off of the Schuylkill Expressway. Or, as another theory suggests, they’re big basketball fans.


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Startup Roundup: D.C.’s startup soul offers lessons, DreamIT-backed SCVNGR growing strong, TicketLeap redesigns

startup

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. If you’ve got news to share, get in touch.

DEFINITE READS

Philly Startup Leader Founder Blake Jennelle writes long-form about Washington D.C.’s “startup soul,” after taking in the scene there earlier this month. There’s a lot for Philly to learn from it’s neighbor to the south, Jennelle says, and we’ve got much in common. Like Philly, growth comes from the grassroots, but D.C. lacks a central community of entrepreneurs. And our brethren know Philadelphia. “The reputation of [Philly's] creative communities is strong,” he writes.

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Friday Tech Links: Archer Group is tracking eyes, the city’s radio system upgrade and More

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In which we link out to the tech news from Philly and elsewhere (when it matters) that slips through the cracks and make it way fun. See others here.

Wilmington, Del.-based Web marketing and design firm the Archer Group is using new-age computer-user tracking systems to see what you’re looking at. That’s the same Delaware company that recently helped Wawa brand its products on Facebook.

As the Web has matured and its users have too, the group’s “Eye-tracking Usability Lab” is meant to give its designers insight into how computer users, with years of Internet-browsing behind them, are digesting the Web today, as Delaware Online reported. [Full Disclosure: Sean Blanda loves Delaware].

It’s what you’ve heard before: freaky pinpoint infrared sensors that follow eye movements as they bounce from whatever the tester spots. Get the deets and what Archer is doing with the work at the full story.

After the jump, Bussiness Week reports that one of one of our own seed-stage investment firms is saving venture capital, the city’s emergency radio system with Motorola isn’t “reliable” and seven other tech stories you need to read — including our best read story of the week.


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TicketLeap launches Anywhere, saves competitive biking

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TicketLeap saved bicycle racing in Philadelphia.

Or at least the Center City-based event-planning ticketing service provider was one of many partners that helped make sure the 25th annual Philadelphia Cycling Championship was possible, even after a city budget hole left the international race short $500,000.

The company doubled their ticketing of VIP seating with merchandising and donation soliciting to help bring cash to the June 7th race, famed for its chase of the “Manayunk Wall”

While they were saving racing, TicketLeap was also introducing Anywhere, which just might be the first product allowing users to create a virtual box office out of an Internet-enabled computer.


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