Armory Square Ventures raised a second fund of $31 million to invest in cities and towns in upstate New York. The firm, led by UNY50 member Somak Chattopadhyah will continue to focus investment efforts in Ithaca, Syracuse, Rochester and Buffalo. Crunchbase also references Upstate Venture Connect’s CEO Survey, noting how startups in the region still need significant capital to scale adequately. Cheers to Somak and the Armory Square Ventures team for moving the needle.
Three of the six winners of this year’s Upstate Venture Ecosystem Awards hailed from Rochester. Hosted by Upstate Venture Connect, the 2018 Upstate Unleashed Conference brought together over 450 entrepreneurial leaders from across upstate to Syracuse, and featured talks from Netflix co-founder Marc Randolph and CloudCheckr CEO Aaron Newman, among others.
Marc Randolph, the former Netflix CEO, was the keynote speaker at the sold out 2018 Upstate Unleashed Conference & Venture Ecosystem Awards. He discussed Netflix’s origin story and how budding entrepreneurs should believe in big ideas. The Daily Orange was on site to capture the action. Check out the video!
Marc Randolph, co-founder and former CEO of Netflix, will speak at the Upstate Unleashed Conference & Venture Ecosystem Awards at the Oncenter Convention Center. The sold-out conference is hosted by Upstate Venture Connect (UVC), a non-profit organization focused on creating opportunities for entrepreneurs and startups to succeed.
Marc Randolph is a serial entrepreneur, most famous for co-founding Netflix in 1997 with Reed Hastings. Netflix now has more than 130 million streaming subscribers worldwide. Randolph will deliver a keynote address at the 2018 Upstate Unleashed Conference on October 2 in Syracuse. This event has sold out for the last three years. Get tickets now.
Eight companies with links to Rochester are among Upstate Venture Connect’s 2018 nominees for Deal of the Year, an award that recognizes firms whose exits impacted their founds and the local economy. They join seven others from Upstate New York.