tech:

taffy

Yelp Opens New Office In New York City

Mayor Michael Bloomberg joined online review company Yelp to announce the opening of their new office in New York City. The new Yelp East Coast headquarters, located at 104 Fifth Avenue between 15th and 16th Streets, is already home to over 65 full-time employees – 20 of whom joined Yelp just this past month – and includes local and brand sales executives and a marketing team.

Jeremy Stoppelman ( Co-Founder and CEO, Yelp): New York City is the very embodiment of opportunity.

In May this year, the Mayor and the NYS’s chief digital officer Rachel Sterne unveiled the City’s digital roadmap, a compressive strategy that laid the ground work for tech companies to come to the City, hire New Yorkers and thrive. The report, created in collaboration with numerous City agencies, stakeholders in both the public and private sector and citizens from all five boroughs, unveiled partnerships with a range of social media companies including Facebook, Twitter, Foursquare and Tumblr.

Last year, the City passed Boston in the volume of venture capital investment, and high-tech jobs have grown by 30 per cent in the past five years.

You may also want to read: Stanford University Seeks To Open NYC Campus

 

Just in

Amazon to invest up to $4B in Anthropic

Amazon will invest up to $4 billion in Anthropic, and will acquire a minority ownership stake in the company. The two companies also announced a strategic agreement aimed at the development of generative artificial intelligence (AI) models.  

Mesh raises $22M

San Francisco, CA-based Mesh, a company working on simplifying digital asset transfers, crypto payments, and account aggregation, has raised $22 million in a Series A funding round.

Cisco to acquire Splunk for $28B

Cisco and Splunk have announced an agreement where Cisco will acquire Splunk for $157 per share in cash, summing up to approximately $28 billion in equity value.

DynamoFL raises $15.1M

San Francisco, CA-based DynamoFL, has raised $15.1 million in a Series A funding round.