PlaceIQ Gets Funding, But Bolts to NYC

Boulder-based PlaceIQ, a startup collecting location based information about the world, has raised 4.2M in a Series A funding--but is moving to New York City. The startup--headed by Duncan McCall--said the funding was led by US Venture Partners, and also included Valhalla Partners, IA Ventures, kbs+p ventures, and Jerry Neumann. The firm said it is moving to New York to be closer to the advertising industry. More information »