ReadWrite Labs

ReadWrite, established on April 20, 2003, by Richard MacManus, is a prominent technology blog recognized for its insightful analysis of web products and emerging trends. It ranks among the world's top blogs and caters to a discerning audience of web enthusiasts, early adopters, and innovators. The platform focuses on a variety of topics, including connected cars, smart homes, augmented and virtual reality, fintech, and application programming interfaces (APIs). By aggregating content and engaging with professional communities, ReadWrite enables its readers to stay informed about the latest developments in technology and the connected world. Its reputation as a respected source of tech news and analysis underscores its significance in the digital landscape.

Originally known as ViewMarket, CultureMap is a local digital lifestyle brand leveraging various technologies to engage with more than 2.5 million users each month. Co-founded by experienced entrepreneurs Alexander Muse and Robert Bennett, the company has raised approximately $1M in seed capital from prominent investors including 500 Startups and Silicon Valley Growth Syndicate (the last valuation was $7.5M pre-money). Over the past two years the company has developed various web, mobile, video and iBeacon technology platforms to scale a digital lifestyle brand. To that end the company acquired two existing brands including CultureMap and RSVP for stock. By integrating our technology the company is now generating approximately $360K per month in revenue and operating on a breakeven basis. Presently the company has rolled out in Houston, Dallas and Austin (adding San Antonio and Fort Worth in Q4). Our footprint includes a local digital media presence as well as a targeted iBeacon deployment in retail through each market. The company has begun raising a $5M Series A to expand its digital and iBeacon footprint into New York, Los Angeles, Chicago, San Francisco and Atlanta. Based on current projections the company expects to generate approximately $100M in annual revenue within 36 months following the expansion.