WedPics, A Photo-Sharing App for Weddings, Raises $4.25M Series B

Can a mobile, social application bloom outside the Valley or other traditional tech hotspots? Raleigh, North Carolina-based WedPics has proven it can. The company, which makes a photo and video-sharing app for wedding couples and their guests, has now closed on $4.25 million in Series B funding led by Bullpen Capital, and is working on a second close that will see TV’s “Shark Tank” investor Barbara Corcoran participating via her new AngelList syndicate.

Participating in the round so far were OCA Ventures, Venture51, IDEA Fund Partners, Great Oaks, and angels including Adam Draper, Semil Shah, Jocelyn Goldfein, and others. Corcoran’s AngelList syndicate, launching on Monday, has asked for a $250,000 hold. relevant domains .

First Capital Provides $7M Asset-Based Credit Facility to Ed Map

First Capital, a national commercial finance company, announced it has provided a $7,000,000 revolving line of credit to ED MAP, Inc. The senior credit facility consists of a $7 million working capital revolver collateralized by accounts receivable and inventory. relevant domains .

The algorithm that can make fantasy football even more fun

Yahoo Sports has found a way to make our beloved fantasy teams seem even more important. It’s turned to a tech company in North Carolina to auto-generate personalized articles about the thousands of fantasy football teams in its leagues. how to value domain name . For the third year Yahoo has had weekly recaps for each of the thousands of matchups in its leagues. It’s the kind of effort that would be impossible if Yahoo relied on human writers.

In 2013 the Durham-based start-up with about 30 employees published 300 million articles via its content-generating platform, Wordsmith. This year Automated Insights expects to auto-generate more than 1 billion articles for clients ranging from Yahoo Sports to Edmunds.com and the Associated Press.

Pangea, The Netflix of the cash transfer business?

Rahier Rahman wants to change the world — a few hundred dollars at a time — by making it cheaper for the working poor to send cash back home. And he’s doing it with little more than a dozen people, most of them working out of a small office in River North.

His secret weapons? Gift cards and smartphones. relevant domains .

Automated Insights Secure $5.5M in Oversubscribed Series B

Automated Insights (Ai), the world leader in producing personalized narrative content from Big Data, today announced that it closed a $5.5 million Series B round led by Osage Venture Partners. The round included participation from Samsung Venture Investment Corporation, The Associated Press, AOL co-founder Steve Case, former SevOne CEO Mike Phelan, Court Square Ventures, OCA Ventures, IDEA Fund Partners and other existing investors. domain check relevant domains .

How Snapsheet’s Last Ditch Pivot Pulled Them Back From The Brink

BodyShopBids, a mobile app that helped people shop around virtually for car repairs was days from closing when an experiment with a last minute pivot repositioned the company within the $100 billion insurance claims market.

Brad Weisberg had a great idea to start a business. bid ask . After a fender bender in L.A. how to value domain name . he’d schlepped to three different bodyshops only to be given three wildly different quotes. At all three bodyshops mechanics had just glanced perfunctorily at the car before scribbling down estimates.

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Time Inc named Fitocracy as one of ten NYC startups to watch in 2013

Time Inc. today unveiled its third annual list of the 10 NYC Startups to Watch for 2013. The ten ventures will be recognized at Time Inc.’s Internet Week cocktail event on Wednesday, May 22nd. Each Spring, editors from Time Inc. brands, including TIME, FORTUNE, CNNMoney.com, PEOPLE, Sports Illustrated, Entertainment Weekly, and InStyle, comb New York’s technology scene to discover the ten most promising startups of the past year. This year’s diverse list spotlights New York City-based companies with the most potential to transform areas from shopping, personal health and dating to customer service, social media, and data analysis. Past honorees that have experienced considerable success include the curated design shop Fab (2012), which now has 10 million members and is reportedly valued at $1 billion; eyewear designer and retailer Warby Parker (2011), which recently opened its first flagship retail store in New York City, and Stamped (2012), which was Marissa Mayer’s first acquisition at Yahoo! “Each year, the temperature of NYC’s start-up scene seems to get turned up another five degrees, with 2013 yielding by far the largest number and widest spectrum of companies for our judging committee to consider,” says Time Inc. Style & Entertainment Group Editor Mark Golin. “As journalists, it’s our job to bring news of the latest digital products, services and trends to our audiences. But, as a media company looking to lead in a rapidly evolving industry, Time Inc. ends up winning every bit as much as the companies that made this list by allowing ourselves to be inspired by their innovative example.” The honorees will be feted at what has become one of the flagship events of Internet Week New York. Time Inc.’s evening brings together the most buzz-worthy innovators and entrepreneurs driving New York City’s digital renaissance and prominent members of the media.