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Cision acquires TrendKite (Dreamit 2013) for $225 million

Dream It

Global PR powerhouse Cision announced today that it is acquiring Dreamit alum TrendKite in a deal valuing the startup at $225 million. Founded in 2013 by AJ Bruno, Matt Allison, and Patrick Brannen, TrendKite participated in the 2013 Dreamit program.

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AWS launches new $30M accelerator program aimed at minority founders

TechCrunch

Amazon Web Services (AWS) today launched a new program, AWS Impact Accelerator , that will give up to $30 million to early-stage startups led by Black, Latino, LGBTQIA+ and women founders. But critics contend that AWS Impact Accelerator doesn’t go far enough in supporting historically marginalized entrepreneurs.

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What Future for Accelerators?

Both Sides of the Table

Accelerators have had quite a good run the past 5+ years. Not just Y Combinator and TechStars but a host of other accelerators across the country. I had witnessed a number of early-stage tech startups in LA raise seed capital from the Bay Area and relocate. None of us was convinced the market really needed 5 accelerators.

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Startup Business Funding: 5 Business-Breaking Misconceptions

Dream It

NOT spending time on the accelerator building the product. The most valuable resource the accelerator provides is the network, so use all my time to navigate that network. Being self-sustainable has given us a new perspective on startup funding, especially compared to what I experienced on my first accelerator run.

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Melbourne-based edtech startup Vivi raises $20M to accelerate overseas expansion in race to reach 1M classrooms

TechCrunch

million last year from New-York’s Riverside Acceleration Capital (RAC) and a syndicate of Australian investors. The new investment will help the startup to accelerate its overseas expansion across the world with a focus on the United States, the country with the highest percentage of educators using one-to-one computing (1:1) computing.

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The Achilles Heel of Startup Ecosystems

This is going to be BIG.

Across the world, various economic development organizations, government agencies, and non-profits are putting in admirable and well-intentioned efforts to develop startup ecosystems. Take the example of goTenna , a thriving communications hardware startup located in Downtown Brooklyn that employees almost 50 people.

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In My Words: Aaron Lee on How EO Accelerator Altered His Journey

Entrepreneurs' Organization

I joined EO Accelerator in 2009, when I owned a business and my business owned me. My company is now four times larger in staff and nearly 10 times larger in revenue than when I began EO Accelerator. One of the most meaningful discoveries I made in EO Accelerator was that I was not alone as an entrepreneur.