4 N.Y. Companies Among The Wall Street Journal’s Top 50 Startups
Four New York startups led by 10gen Inc. have been ranked among the top 50 venture-backed companies in the United States by The Wall Street Journal.
10gen, co-founded by Gilt Groupe CEO Kevin Ryan, was ranked 9th on the list. The developer of MongoDB, a scalable NoSQL database, has raised $73.60 million in venture funding since its founding in 2007. Its other founders are Dwight Merriman, Eliot Horowitz and Geir Magnusson.
Besides the four N.Y. startups, 37 companies on the third annual listing are based in California; and three are in Massachusetts.
To be eligible for the ranking — compiled by research firm VentureSource, which like the Journal is owned by News Corp. — companies must be based in the U.S., have received an equity round of financing in the past three years and be valued at less than $1 billion, as the aim is to identify lesser-known start-ups, the Journal said.
The other New York companies on the list, along with their rankings and details, are as follows:
#13. Tremor Video Inc.
Founded in 2005 by Andrew Reis, Jason Glickman, Waikit Lau and Steve Lee, it has developed video technology to help marketers create ads that can play on any mobile device. It has raised $140 million in venture funding.
#17. Etsy Inc.
Founded in 2005 by Robert Kalin, Chris Maguire and Haim Schoppik, it runs an online marketplace for handmade and vintage goods. It has raised $91 million from venture firms.
#46. Keep Holdings Inc.
Founded in 2010 by Scott Kurnit, previously the founder of About.com, has developed an advertisement management platform for consumers. It has raised
$43 million in venture funding.