ER Accelerator's second round of startups graduate in NYC | VentureBeat | News | by Devindra Hardawar

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Entrepreneurs Roundtable Accelerator is having its demo day today, and for the ten companies in its second cohort, it means they’ll have to show just how much they’ve learned in their three months at ERA. ERA provides companies with $25,000 in seed financing, three months of free co-working space in its Times Square office, and access to an impressive network of advisors in New York City. Entrepreneurs Roundtable initially started out as an educational organization for New York startups in 2007, but after seeing how much the city’s tech scene grew, it launched the accelerator last year. Funding: Raising $800,000, with $220,000 committed so far LetsWombat helps brands connect to consumers with targeted, traceable, and scalable product sampling. The company’s platform enables devs to reach inactive users, giving them a second or third chance with consumers, through flash contests within their apps.

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