Esquire Theme by Matthew Buchanan
Social icons by Tim van Damme

03

Mar

DEV, a US Venture Capital Firm, Expands to Korea and Hosts Global VC Seminar

(Seoul) February 10, 2014 – DEV, a US venture capital firm, is scheduled to visit Korea to commemorate the establishment of DEV’s Korea office (DEV Korea) and hold a seminar titled “Global VC Trends and Strategies on February 24, 2014 (Mon.) at Bulls Hall of Korea Financial Investment Association, located in Seoul. 

Various experts, including a US venture specialist, US attorneys specializing in venture capital and fund valuation specialists, necessary to cultivate successful venture companies, will present in this global VC seminar. 

In particular, the presenters of the seminar will include Alan McGlade and Damian Manning.  McGlade, a venture capitalist, as well as a management specialist, has previously served as the CEO of MediaNet and an executive at MTV.  He has both founded and discovered a number of venture companies in the US and has successfully developed, fostered and exited venture companies through various methods, including M&A with global companies, NASDAQ listing and IPO.  McGlade and Manning, a technologist and a venture capitalist, will share their experience and knowledge regarding the US VC industry during the seminar. 

DEV’s McGlade has served as the CEO and an executive of numerous media-related corporations, including MTV, and is expected to present on the topic of trends that are driving new business opportunities, based on his extensive digital media experience.  McGlade has also appeared on CNN Business and CNBC, and has recently contributed an article on Forbes.com regarding Korea’s venture company potentials (“Why South Korea will be the Next Global Hub for Tech Startups”).  As a venture capitalist with special affection for Korea’s venture companies, McGlade is expected to provide a myriad of assistance to Korean venture companies with an eye toward global expansion. 

Damian Manning, the founder and CEO of Hifi and a venture partner of DEV, has more than 20 years of technological background and has built the first global B2B eCommerce platform.  Based on his experience in founding and exiting various venture companies, Manning will present on a case history of a US startup. 

During this seminar, DEV will also introduce the “One World Venture Program” created for the global expansion of Korean venture companies with DEV Korea as the locus.  “One World Venture Program” is a customizable venture program aimed at synergistically interconnecting existing US portfolio companies with Korean venture and startup companies, to achieve both globalization and localization of innovative venture companies.  To do so, DEV’s venture capital experts will personally identify and select Korean venture and startup companies, invest in and guide them to global standards. 

This seminar titled “Global VC Trends and Strategies” will be hosted by DEV Korea and sponsored by FnGuide/FnV Partners.  There will also be a Q&A session, and thus, this event is expected to play a role as a hub for the exchange of venture capital information between Korean venture capitalists, venture companies and US venture capitalists. 

This seminar is open to everyone who pre-registers through info@devkorea.vc.  The registration is free of charge. 

-   Date: February 24, 2014

-   Time: 14:30~17:00

-   Place: Korea Financial Investment Association, Bulls Hall (3rd Floor)

-   Inquiry: info@devkorea.vc

Website: www.devny.vc

Introducing DEV Korea

DEV, a venture capital firm, with its headquarters in New York, has recognized the potential of Korean startup companies. It established DEV Korea in January 2014 to act as Asia’s VC Hub to develop Korean venture and startup companies become global brands.  DEV, with DEV Korea as its locus, will introduce the “One World Venture Program” for global expansion of venture and startup companies.  The “One World Venture Program” is a customizable venture program aimed at synergistically interconnecting existing US portfolio companies with Korean venture and startup companies, to achieve both globalization and localization of innovative venture companies.  DEV Korea aims to set the highest standard for the Korean venture companies’ future values and help the companies to become globally competitive.  In order to achieve these goals, DEV Korea is promoting various projects that directly link global experts with Korean venture and startup companies on the global stage, through projects such as DEV Korea’s Global VC Seminar Series. 

22

Apr

Human Demand and TRUSTe Announce New Partnership to Deliver Mobile Data Privacy Management

02

Apr

Open Air Publishing Launches "Ready, Set, Baby! The Watch and Learn Guide to Your Baby's First Year"

Open Air Publishing today announced the launch of its tenth how-to e-book and app, “Ready, Set, Baby! The Watch and Learn Guide to Your Baby’s First Year.” Written by award-winning author and producer Maureen Connolly (Unbuttoned, The Dr. Oz Show), “Ready, Set, Baby!” will be available for the iPad, iPhone, Nook, and Kindle, and via the web.

26

Mar

Human Demand Raises its Series A of $900,000 Led By Digital Entertainment Ventures and ARC Angel Fund

Human Demand, the revolutionary mobile ad technology company that provides advertisers and developers with a transparent view into their campaigns, today announced that it closed its Series A round of capital, led by New York-based Digital Entertainment Ventures (DEV) and the ARC Angel Fund. Additional investors who participated in the round include Empire Angel Group, Blackgate Ventures, TJNS Capital, active angle investors, and Howie Schwartz , CEO of Human Demand.

24

Sep

DEV Adds Veteran Entrepreneurs and Investors as Advisors; Welcomes Val Katayev and John Ason

New York, September 24, 2012 – DEV (Digital Entertainment Ventures) announces the addition of Val Katayev and John Ason as Advisors to its early stage media and entertainment fund. In this role, they will participate in assessing prospective portfolio company opportunities and building DEV’s overall business.

“Val and John will add investment savvy and hands-on operational experience to the DEV team,” said DEV Managing Director Alan McGlade. “Their extensive network of contacts will further establish DEV as a growing force in New York’s blossoming digital media and entertainment industry.”

Val Katayev is a digital pioneer and entrepreneur, who has created and led three successful start-up companies to hyper-growth. At just 30 years old, Katayev currently oversees a portfolio that reaches over 300 million consumers, centered around entertainment and music. His fourth and most recent company is ToneMedia, which focuses specifically on the evolving music content space and meaningful consumer engagements, and for which he is the creator of patent pending ToneTargeting. Reaching over 120 million visitors globally, and 55 million in the United States, ToneMedia is the leader in audience targeting and premium media distribution among music enthusiasts around the world.

John Ason has been an angel investor in the New York area for the past 15 years. He has made over 40 professional investments in an eclectic range of industries. For many of these, he has been the lead investor.  Prior to investing, Ason worked for over 25 years at AT&T, both in engineering and international business. He has travelled extensively to the Far East and worked on “bleeding edge” technology- something he found to be useful when he transitioned into angel investing.

About DEV (Digital Entertainment Ventures)

DEV provides guidance, seed and early stage capital to companies building the next generation of digital services that are transforming media and entertainment. DEV is managed by seasoned media and venture executives Alan McGlade and Michael Yang, and its initial investments include Open Air Publishing, Stageit, Mad Humans and Sonic Notify.  It is headquartered in New York City.  Visit DEV on the web at www.devny.vc. 

# # #

(Source: businesswire.ca)

16

Jul

DEV Closes Investment in Sonic Notify

Groundbreaking new platform delivers content to smart devices using sound waves

NEW YORK, July 16, 2012 – DEV (Digital Entertainment Ventures), an early stage capital firm focused on the next generation of NYC-based digital media and entertainment companies, today announced an investment in Sonic Notify, a pioneering new platform that automatically delivers content to smart devices using imperceptible sound waves.  DEV is joined in the Series A financing round by Raptor Ventures, A-Grade Investments, Advancit Capital, AngelVision Investors, Eniac Investors and The Gorfaine/Schwartz Agency.  Raptor Ventures led the round, which totals $4.25 million.

The Sonic Notify platform enables live event producers and performers, retailers, and television broadcasters to deliver exclusive media content to smart devices at concerts, sports events, in stores, as second screen experiences, and more.  The technology can be integrated into third party apps, and content delivery is triggered by an audio code transmitted through any speaker.  Consumers can receive content passively without interrupting their viewing or shopping experience.  For example, Interscope recording artists Mindless Behavior used Sonic Notify at a recent New York City concert to trigger audience notifications within their app for exclusive content and special merchandise offers.

“Whether they’re watching TV or experiencing a live event, consumers are increasingly using mobile devices to complement their entertainment experiences,” said Alan McGlade, DEV Managing Director.  “Sonic Notify co-founders Jonathan Glanz and Alex Bell have developed a truly innovative technology that triggers consumer interactivity without requiring them to take a specific action such as clicking on an app when a logo is displayed in a commercial. Sonic Notify is exactly the kind of transformational company in media and entertainment that DEV is seeking to work with.”

About DEV (Digital Entertainment Ventures)

DEV provides guidance, seed and early stage capital to companies building the next generation of digital services that are transforming media and entertainment. DEV is managed by seasoned media and venture executives Alan McGlade and Michael Yang, and its initial investments include Open Air Publishing, Stageit, Mad Humans and others to be announced soon.  It is headquartered in New York City.  Visit DEV on the web at www.devny.vc. 

# # #

12

Jul

DEV Announces Investment in Open Air Publishing

Innovative Digital Publisher Creates Ebooks for iOS with Video, SlideShows

NEW YORK, July 12, 2012 – DEV (Digital Entertainment Ventures), an early stage capital firm focused on the next generation of NYC-based digital media and entertainment companies, today announced an investment in Open Air Publishing, a digital publisher that builds interactive how-to books native to iPads and iPhones, each featuring video, slideshows, and other highly tappable content.  DEV’s investment is part of an $800,000 seed round including SV Angel, Charles River Ventures, and 500 Startups.

Open Air Publishing has released four titles to date for iPad: Master Your DSLR Camera, Speakeasy Cocktails, The Better Bacon Book, and Holiday Recipes & Party Planning Guide by FOOD52. Each one has been a best seller on iTunes.  As of today, all four titles are available on the iPhone as well.

“Most ebooks that are available now are simply digitized print books that do not make optimal use of a tablet’s features,” said Alan McGlade, DEV Managing Director.  “Open Air Publishing is creating content specifically designed for the medium.  More an app than an ebook, their titles come alive to inform and entertain their audience.  We’re looking forward to working with Founder and CEO Jon Feldman and his team to build the kind of business that’s transforming the publishing industry.”

About DEV (Digital Entertainment Ventures)

DEV provides guidance, seed and early stage capital to companies building the next generation of digital services that are transforming media and entertainment. DEV is managed by seasoned media and venture executives Alan McGlade and Michael Yang, and its initial investments include Stageit, Mad Humans and others to be announced soon.  It is headquartered in New York City.  Visit DEV on the web at www.devny.vc. 

# # #

 

14

May

DEV Advisors Opens Doors; Welcomes Dick Wingate as Principal

Clients include iJukebox, Talking Media Group, and More

 

 NEW YORK, May 14, 2012 – DEV (Digital Entertainment Ventures) announces the formation of DEV Advisors, an affiliate which will offer consulting and advisory services to digital media companies.  Seasoned digital entertainment executive Dick Wingate joins the firm as Principal. 

DEV Advisors clients already include iJukebox, an interactive music streaming service that lets users choose the music at businesses everywhere; Talking Media Group, a database for buyers and sellers of digital media, publishing and entertainment; Elements, a resource for Brazilians who travel and live part time in South Florida; Alluring Logic, a cloud-based solution that helps retailers develop strong client relationships; and imbookin, an online distribution channel for venues to effectively list and market their availability.

“A recent study confirmed that the tech industry is growing faster in New York City than anywhere else in the country,” said DEV Managing Director Alan McGlade.  “DEV Advisors fills a need for digital media companies that need access to professionals with high level experience in digital business strategy, content acquisition and licensing, and market and product development.  We have a terrific network of Advisors, and I can’t think of anyone better qualified to play a Principal role than Dick Wingate.” 

Wingate’s career spans more than three decades in music and interactive media.  He recently served as General Manager, East Coast Business Development for TAG Strategic, a digital entertainment consultancy, providing business development, content licensing, strategic partner and distribution strategy.  Prior to TAG, Wingate was President, Media Development & Chief Content Officer for Nellymoser Inc., one of the earliest providers of rich media mobile applications.  Wingate helped pioneer the digital music business during his years as SVP, Content Development, at Liquid Audio, Inc., which created the first end-to-end secure digital music platform.  He has also held senior positions at several major record labels including Arista, Polygram, Epic and Columbia.

The DEV Advisors team also includes Stephen Bradley, Managing Partner of Farmingville Capital; Val Katayev, Founder and CEO of ToneMedia, a music marketing platform; Henry Leong, Managing Director of Vietbridge LLC, a boutique firm that specializes in raising capital and sourcing joint ventures in the Asia-Pacific region; and Sandbox Strategies, a boutique firm focused on media strategy for videogames and tech.


About DEV Advisors

DEV Advisors is a consulting firm and affiliate of New York-based DEV (Digital Entertainment Ventures). The firm is comprised of accomplished media executives with deep experience in building, distributing and generating revenue streams for emerging digital media businesses.  DEV Advisors acts as a bridge between the technology and entertainment industries — providing digital business strategy, content acquisition and licensing, access to key relationships, market and product development, and more.

About DEV (Digital Entertainment Ventures)

DEV provides guidance, seed and early stage capital to companies building the next generation of digital services that are transforming media and entertainment. DEV is managed by seasoned media and venture executives Alan McGlade and Michael Yang, and its initial investments include Stageit, Mad Humans and others to be announced soon.  It is headquartered in New York City.  Visit DEV on the web at www.devny.vc. 

# # #

(Source: businesswire.com)

02

May

Veteran Media Executive Alan McGlade Launches DEV to Promote Next Generation Digital Media Companies

Initial Investments in Stageit and Mad Humans

NEW YORK, May 2, 2012 – Longtime digital media executive Alan McGlade, along with partner, venture capitalist and attorney Michael Yang, today announced the launch of DEV (Digital Entertainment Ventures), a New York-based firm that will provide early stage capital and management counsel to the next generation of digital media companies.  DEV’s fund has made initial investments in several companies including web-based live music platform Stageit and mobile gaming company Mad Humans.

DEV will continue to build its portfolio with nascent companies focused on music, TV, film, games, publishing and social media that are based on new business models and devices such as internet-enabled TVs, tablets and handsets.  In some cases, DEV will develop and incubate businesses based on identified marketplace needs. And in addition to providing capital, DEV will take an active role in its portfolio companies, providing them with domain expertise and strategic relationships to take them to the next level.

DEV Managing Director McGlade has more than two decades of experience in taking companies from the conceptual stage to becoming significant market players. He was formerly CEO of MediaNet, a pioneer in providing legal digital music downloads, and of Video Jukebox Network (The Box), which he sold to MTV in 2001.  Yang, also Managing Director, is a senior venture/ funds attorney.  He was previously a venture capitalist for Divine Interventures and Sandbox Industries, and before that, was the co-founder and CTO of enterprise software company Redmind, Inc.

“The media industry is undergoing the most profound transformation in our history,” said McGlade.  “New York City, with its established media businesses, talent and burgeoning startup ecosystem, has all the right elements for these game-changing companies to emerge.  DEV will play a significant role in helping digital media start-ups succeed, not only with early stage investments but also by providing a leg up from our team’s collective experience and relationships.”

DEV offers investors the opportunity to participate in promising new companies vetted by its experienced team of entrepreneurs, investors and managers of media and entertainment ventures.   Its first portfolio investments show the diversity of its investment philosophy and approach.  Two of these companies include:

·         Stageit - A web-based platform created for musicians by musicians that empowers them to deliver and monetize interactive live experiences directly from their laptop. Offering intimacy and direct interaction with fans, Stageit gives artists the opportunity to offer unique online fan experiences that will not be archived or duplicated for distribution. Stageit was launched in March 2011 by CEO and music industry veteran Evan Lowenstein, who has nearly 20 years of experience as a recording artist, award-winning writer and executive. 

·         Mad Humans - A suite of mobile games that tap the American zeitgeist. It pits players against comically hostile celebrity humans and their minions from the worlds of politics and entertainment in easy to use, non-lethal shooting games.  Incubated by DEV, Mad Humans ELECTION 2012 is being introduced soon.

For more information about DEV, visit devny.vc.

About DEV (Digital Entertainment Ventures)

DEV (Digital Entertainment Ventures) provides guidance, seed and early stage capital to companies building the next generation of digital services that are transforming media and entertainment. DEV is managed by seasoned media and venture executives Alan McGlade and Michael Yang, and its initial investments include Stageit and Mad Humans.  It is headquartered in New York City.  Visit DEV on the web at devny.vc. 

# # #

CONTACT:

Cathy Halgas Nevins

chnevins@devny.vc

917-887-4140

Laurie Jakobsen

ljakobsen@devny.vc

646-484-6764