Social wedding platform WedPics has raised $1.5M in Series A Financings led by IDEA Fund Partners, with participation from Great Oaks Venture Capital, TAP, Red Hat co-founder Bob Young and other private investors. The Raleigh, NC-based company operates an online and mobile platform that allows couples, family and friends to share photos before, during and after the big day. According to Co-founder and CEO, Justin Miller, WedPics is nearing 1 million unique users. The platform has hosted over 200,000 weddings, with participants sharing over 8 million photos and videos. These metrics are up significantly and represent a 10x increase in users, 8x increase in weddings, and 10x increase in content compared with a year ago, says Justin.
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Axial Exchange CEO and Co-founder, Joanne Rohde, has an important message for healthcare executives: they have to understand that patient engagement can be measured. She sees a national Patient Engagement Index as a means of highlighting successful patient engagement programs, while also establishing benchmarks for those looking to improve.
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While much was made of the news over the Los Angeles Times algorithm that generated the paper’s first story about an earthquake, what you might not know is that Durham-based Automated Insights generates numerous automated stories each day. In fact, Automated Insights will generate about 1 billion stories this year, up from 350 million in 2013. However, this doesn’t mean that journalists should fear losing their jobs because most of the content Automated Insights generates is highly personalized. This personalized content includes one-to-none fantasy football recaps, neighborhood-level real estate sales data, financial earnings previews, summaries of website analytics and more.
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As Automated Insights and Windsor Circle prepare to pitch at the first-ever Google for Entrepreneurs Demo Day in March, ExitEvent takes a look at both companies’ growth over the past year. In addition to increasing headcount and generating massive amounts – the company expects its software will write more than a billion pieces this years, up from 300 million last year – of personalized content, Automated Insights was named Best Place to Work in the Triangle and the most innovative tech company in North Carolina. Windsor Circle has also made waves, increasing e-commerce sells for clients with its targeted email messages. When asked about their selection to represent the area, Managing Partner Lister Delgado said, “Innovation, fast growth, great CEOs, that’s why I think they made it to Google. These are companies that are starting to get out of startup mode. They’ve proven their concepts at a small scale and need funding to accelerate their growth.”
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Triangle-based startups Windsor Circle and Automated have been selected to represent the American Underground at Google for Entrepreneurs’ Demo Day to be held April 2nd. Teams selected by each of the seven Google for Entrepreneurs tech hub members will be represented at the Demo Day and judges will selected a single winner. “While Google for Entrepreneurs’ panel of judges will pick a single winner, the team there has made it clear they hope every participating startup will attract some type of funding interest from the investors in the audience,” says Adam Klein, Chief Strategist, American Underground.
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Durham startups Automated Insights and Windsor Circle have been selected to pitch at Google for Entrepreneurs’ first Demo Day in Mountain View, CA. The two companies were selected from more than 50 Triangle-based companies to represent the American Underground, as each of the seven Google for Entrepreneurs Tech Hub members was responsible for pre-selecting teams for the Demo Day. The teams will have the opportunity to make their pitch and meet with more than 100 investors at Google’s Mountain View, CA headquarters.
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