Launchbox Digital launches its second class of startups
Launchbox Digital, a startup incubator based in Washington, D.C., just released the list of its second batch of startups; as with last year’s group, it’s a pretty wide range of (web-focused) companies, covering everything from concerts to the Securities and Exchange Commission to email.
The companies are currently wrapping up a 12-week training period; in addition to providing mentorship and administrative assistance, Launchbox also invests between $25,000 and $30,000. The program was founded by a group… Continue Reading
Koofers raises $500K to pass along old exams, study guides
Every high school and college campus has unofficial channels for swapping old exams, opinions about teachers, study guides and grim grade distribution tales. Now online student community Koofers aims to centralize all of this on the web — and it just racked up a $500,000 tranche of an anticipated $2 million first round to expand to new campuses.
The site targets professors as well as students, and all members can upload documents relevant to courses and… Continue Reading
Mobile gaming startup Mpowerplayer raises $2.5M
Mpowerplayer, a startup that helps people buy mobile games, has raised $2.5 million in a first round of funding.
The funding announcement comes only a month after Mpowerplayer “graduated” from the LaunchBox Digital incubation program. But unlike most of the other Launchbox startups, Mpowerplayer had already started to establish itself — when I spoke to chief executive Michael Powers at the demo day in August, he said the company had already served 15 million mobile game… Continue Reading
Incubator LaunchBox Digital unveils its first group of startups
LaunchBox Digital, an incubator/investment firm based in Washington, D.C., just announced the lineup of its first “class” of startups. After working with LaunchBox for three months, the companies are giving their East Coast demos today, and will be at the Palo Alto, Calif. offices of Cooley Goodard Kronish tomorrow.
LaunchBox was cofounded by former AOL chief technology officer John McKinley, Julius Genachowski of IAC and Away.com founder Sean Greene. The firm sounds similar to Y Combinator;… Continue Reading