Category Archives: New York Enterprise

FireHydrant lands $1.5M seed investment to bring order to IT disaster recovery

FireHydrant, a NYC startup wants to help companies recover from IT disasters more quickly, and understand why they happened with the goal of preventing similar future scenarios from happening again. Today, the fledgling startup announced a $1.5 million seed investment from Work-Bench, a New York City venture capital firm that invests in early stage enterprise startups. In addition to the funding, the company announced it was opening registration for its FireHydrant incident management platform. The product has been designed with Google’s Site Reliability Engineering (SRE) methodology in […]

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NYC launches partnership network, “The Grid”, to help grow urban tech ecosystem

The New York City Economic Development Corporation (NYCEDC) and CIV:LAB – a nonprofit dedicated to connecting urban tech leaders – have announced the launch of The Grid, a member-based partnership network for New York’s urban tech community. The goal of the network is to link organizations, academia and local tech leaders, in order to promote collaboration and the sharing of knowledge and resources. In addition to connecting member companies and talent, The Grid will host various events, educational programs, and co-innovation projects, while hopefully improving access to investors […]

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The economics and tradeoffs of ad-funded smart city tech

In order to have innovative smart city applications, cities first need to build out the connected infrastructure, which can be a costly, lengthy, and politicized process. Third-parties are helping build infrastructure at no cost to cities by paying for projects entirely through advertising placements on the new equipment. I try to dig into the economics of ad-funded smart city projects to better understand what types of infrastructure can be built under an ad-funded model, the benefits the strategy provides to cities, and the non-obvious costs cities have to […]

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