Digital New York VC financing increased dramatically in Q3 2014. Funding was up 265% versus Q3 2013 and up 96% versus Q2 2014. 29 private digital companies raised a combined $1.2 billion. Nine companies we had already been tracking completed follow-on financings, raising $267 million in total. The largest funding round of the quarter was completed by VICE Media, which raised $500 million. The third quarter was somewhat down on the M&A front with four deals taking place. The largest sale by a Digital New York company was [X+1]’s sale to Rocket Fuel for $236 million. We also saw exits from Styledon.com, Sociaby, and Conductiv.
© In the U.S., America’s Growth Capital, LLC dba AGC Partners, member FINRA/SIPC. In Europe, America’s Growth Capital Europe, LLP (Appointed Representative Alternatives St. James, LLP which is authorized and regulated by the Financial Conduct Authority). America’s Growth Capital Europe, LLP is a Limited Liability Partnership incorporated in England and Wales (OC368580). Its registered address is 6th Floor, 9 Appold Street, London EC2A 2AP. The testimonials contained herein may not be representative of the experience of other customers or clients. Testimonials are no guarantee of future performance or success. Deals marked with an “*” are non-AGC deals.
