Leonardo DiCaprio joined the advisory board of Boston-based Data Point Capital as a special advisor. Data Point Capital focuses on a combination of consumer internet and enterprise software companies and plans to tap into the star’s entertainment and social media influence and expertise. Mike Majors, managing partner of Data Point Capital, noted that DiCaprio invested an undisclosed amount in the firm’s recently closed $50 million second fund.
Here’s what else happened in the Boston startup community this week:
Local publicist turned fashionista Jess Garbarino and her co-founder Alex Weaver raised more than $80,000 for their Boston fashion company, Brunswick Park, and made a pitch for even more funding on “Project Runway: Fashion Startup.” Brunswick Park was inspired in part by Garbarino’s struggle to find work wear that is both comfortable and easy to care for, but professional.
Vestigo Ventures is making its first investment in a Boston-based startup by investing $250,000 in LifeYield, software that helps users reduce the taxes they pay on investments. The funding is only part of the $2.5 million LifeYield raised in its Series F round.
Startup life isn’t easy, and money only flows for the fortunate few who make it big. BostInno spoke with three startup founders and MassChallenge alumni, Emily Levy of Mighty Well, Brendan Candon of SidelineSwap and Martin Greenberg of Bedly, about life before their recent investments and surviving homelessness as young entrepreneurs.
Carbonite co-founders David Friend and Jeff Flowers raised a second round of funding, $6.2 million, for their stealth cloud storage startup, BlueArchive, bringing total funding to about $8.2 million. Friend declined to provide information about the company but content on the website indicates the company will compete with Amazon Web Services.
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