WedPics Co-founder and CEO Justin Miller recently announced a new partnership aimed at driving adoption of the company’s leading wedding photo application. Miller announced the launch of a partnership with David’s Bridal, becoming the retailer’s “Preferred Wedding Photo App.” In addition, the company announced partnerships with two large print retailers.
GradSave Founder and CEO Marcos Cordero examines whether financial aid is an indicator of educational performance in an article for The Huffington Post. Cordero also provides advice and calculation tools to better plan and understand the net cost of college expenses. Cordero’s GradSave aims to simplify the college savings process by finding and making it easy to open the optimal 529 plan.
Writing for USA Today, Laura Braverman takes a look at a new offering from Raleigh-based Royalty Exchange. The company operates an online marketplace that connect royalty owners with investors looking to purchase these revenue streams. Royalty Exchange recently announced its first securitized offering. The securitized offering will allow the royalty stream to be broken into smaller units, allowing multiple buyers to purchase a share of the royalty. Royalty Exchange’s first offering of this type is the producer royalties for 11 tracks recorded and performed by 3 Doors Down.
The New York Times’ Adam Bryant interviews Joanne Rohde, Axial Exchange Co-founder and CEO, as part of his Corner Office series on leadership and management. Rohde recounts her first business at age 12, a summer camp for her neighbors’ kids. Today, she is focused on enabling patients to take control of their health through Axial’s comprehensive patient engagement solution. Her interview covers the culture she is fostering at Axial, as well as how she hires and advice for recent college grads.
Automated Insights recently announced its $5.5 million Series B financing. The round was led by Osage Venture Partners and included participation from Samsung Venture Investment Corporation, The Associated Press, AOL co-founder Steve Case, IDEA Fund Partners and other existing investors. In addition, the Associated Press announced it would leverage Ai’s Wordsmith technology to produce quarterly earnings reports.
The Miami Herald’s Nancy Dahlberg follows up on her 2013 profile of 71lbs, reporting on the company’s “meteoric growth.” Jose Li, Founder and CEO, says 71lbs has grown 950% over the past 12 months, having recently announced its $2 million Series A financing and now serving more than 2,000 customers. In looking ahead, Li says “we are adding shipping analytics and savings optimization services in our product roadmap to continue our company mission of democratizing logistics for small and medium businesses.”
Automated Insights’ Wordsmith platform is using algorithms to transform large data sets into insightful, personalized reports and narratives. Information from big data streams is often presented in dashboard form, but with AI’s automated reports, “all you have to do is read. It’s like sitting down with a data scientist and having them walk you through the key aspects,” says Adam Smith, VP of Sales and Marketing. Working with clients such as Yahoo!, Microsoft and The AP, the company will create more than 1 billion reports in 2014.
Distil Networks Co-founder and CEO Rami Essaid provides an in-depth look at his company in the profile for StartupBeat. Rami details the company’s origin story, market opportunity and business model. Having recently closed a $10M Series B investment, the company is currently expanding its workforce and opening new offices in Raleigh, NC and San Francisco to meet customer demand.