Pe Hub Digital Media-focused Lerer Closing In On Fund Iv: Vcj

Since last year, a number of Lerer portfolio companies have also sold to large-cap acquirers. GDGT, publisher of gadget-focused Web magazine Engadget sold to AOL last year. BlueFin Labs, a social analytics provider, was also bought by Twitter last year for a reported $90 million. Lerers main focus is on early-stage digital media and software companies, with most of its investments in the New York area. Looking ahead, Hippeau, former CEO of the Huffington Post, said last week that he sees several investment trends favorable to New York. One is that so many of todays startups have a global orientation from the get-go. New York City, where nearly 40% of residents were born in another country (including French-born Hippeau), is as international as it gets.







People, Places and Players Making News on the Canadian Digital Media Scene





The eggplant group now includes five divisions: eggplant collective, eggplant LF, eggplant TV, the eggplant stereo and now eggplant pictures. The team serves commercial, broadcast, documentary, cinematic, interactive and transmedia industries, offering Interactive Services (creative development of strategic interactive and transmedia platforms i.e. digital, apps), Production Services (organizing projects from creative concept to development), Post-Production Services (offline/online editing, colour grading, stereoscopic, packaging, mastering), Creative Services (storyboarding and pre-visualization to motion graphics, visual effects, 2D and 3D animation. We are excited to acquire Optix, said Dave Conlon, partner eggplant collective. By combining this group into our collective our team will be able to offer more services to our existing and future clients. With this deal, Paul Moyer (formerly of Optix Toronto) returns as partner to join other partners Dave Conlon, Terry Tompkins, Rocco Gagliese, Steve DAngelo and Adam Damelin. Other changes include: George Leval and Attila Levai (of Optix Toronto) have left for other ventures.