Cafrino LLC, a 100% free-to-play and U.S. legal online poker site, has announced Michael Murphy as the company's new CEO and revealed a capital raise that values the poker site at $1 million.

NEW YORK: KAYWEB Angels, the New York investment firm providing development and resources in exchange for equity to technology startups, has announced the closure of its Spring/Summer 2014 round, with over 150 applicants applying.

NEW YORK: New York internet investment firm KAYWEB Angels held an event called The Pitch Sweatshop at WeWork Labs in SoHo last month.

NEW YORK: Internet startups seeking investment from New York's KAYWEB Angels have until October 31, 2012 to submit their applications for Fall consideration.

NEW YORK, NY: Cafrino, a KAYWEB Angels portfolio start-up that has designed a legal way to get real-money US poker players back online, has launched and is accepting registrations for their first tournament this Tuesday.