Monitor110 has been closed
Total Equity Funding
$16M in 2 Rounds from 4 Investors
New York, New York
Monitor110 is a New York-based company providing data and information gathering services.
Database, Information Services

Company Details

July, 2008
1 - 10 | None found in Crunchbase

Monitor110 was a New York-based data- and information-gathering service funded by DFJ, DFJ Gotham, and Acadia. It deadpooled in July 2008.

Email from CEO W. Brennan Carley on the closure:

Clients, employees, and investors: I regret to inform you that, effective July 15, Monitor110 has decided to cease operations and shut down the business. Monitor110 successfully built a service that allows investors to monitor internet sources for information and insight that is relevant to their portfolio and investment thesis.

The company launched a web based service ("Portal") in March of this year, and a research report service ("Alphadesk") in April, and signed up over 100 trial clients at over 60 firms including hedge funds, traditional asset managers, and investment banks.

The feedback from those clients has been positive, and since March the company launched 3 releases, each incorporating ideas and requests from their trial users.

They began to raise their next round of funding in May, during one of the most challenging quarters in recent history for VC investments, and despite the progress they have made operationally, they have been unable to secure funding.

As a result, the company has decided to cease operations.

Thank you to their customers for their support, and to their staff for their hard work and contributions in a very difficult market. Regards,

W. Brennan Carley, CEO

Funding Rounds (2) - $16M

DateAmount / RoundValuationLead InvestorInvestors
Nov, 2006$11M / Series C4
Sep, 2006$5M / Series B3

News (21)

Feb 15, 2016Venture Capital Database - 156 Startup Failure Post-Mortems
Mar 11, 2015Venture Beat - Benchmark invests in Seeking Alpha; deal struck with Yahoo
Mar 13, 2013Alley Watch - 10 Notable New York-based Dot Bombs
Apr 1, 2010Business Wire - Monitor110 raises 5000000 in venture round
Nov 16, 2008Shai's Blog - Monitor110: A Post Mortem
Sep 10, 2008Venture Beat - Monitor110 raises $11M more to track Internet for investors
Aug 6, 2008Gigaom - News Filtering Site SkyGrid Gets $11 Million Funding
Jul 18, 2008Information Arbitrage - Monitor110: A Post Mortem

Offices/Locations (1)

  • Headquarters

    58 E 11th St.

    3rd Flr.

    New York, New York 10003

    United States

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