NEWS
- news
Fresh out of Y Combinator, Tandem lands millions from Andreessen Horowitz
8/23/19Tandem, one of the most sought-after companies to graduate from Y Combinator’s summer batch, will emerge from the accelerator program with a supersized seed round and an uncharacteristically high valuation. The months-old business, which is developing communication software for remote teams after pivoting from crypto, is raising a $7.5 million seed... Read more
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Smart Cities Need to Spend More on Security Tech, Study Suggests
8/23/19The world’s largest cities need to invest billions of additional dollars into their infrastructure in order to secure citizen data, new research suggests. Of the roughly $135 billion expected to be spent globally on cybersecurity for critical city infrastructure in 2024, 44% will be split across data protection provisions for... Read more
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Openpath Solves a Massive Security Problem Facing Businesses: Tailgating
8/23/19Expands Partner Ecosystem with Video Surveillance and Analytics Providers Milestone, Density and Camio, and Turnstile/Parking System Provider Automatic Systems, to Solve Pressing Security Issues LOS ANGELES - August 22, 2019 - Openpath, a leader in modern mobile access control, announced their solution to tailgating -- known as one of the... Read more
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Profitable By 2020: Industrious Raises $80M From Brookfield, Equinox
8/23/19Coworking firm Industrious raised $80M in a new funding round with backing from Brookfield Properties Retail and Equinox, with whom it plans to partner on future locations. The funding also came from the Canada Pension Plan Investment Board, Riverwood Capital Partners, Wells Fargo Strategic Capital, Fifth Wall Capital and landlords TF Cornerstone... Read more
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AmazonFresh Introduces 1-Hour Delivery To 3 New Markets
8/23/19AmazonFresh meet Houston, Minneapolis and Phoenix. Prime members in those cities can purchase fresh groceries and everyday essentials for free two-hour delivery from AmazonFresh beginning Thursday. A one-hour delivery option is also available. Read more
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Co-working firms confident ahead of WeWork IPO
8/23/19Executives at three co-working firms say they expect to see the industry grow despite a looming recession and questions about WeWork’s business model following the release of its IPO prospectus last week. “We’re not scared of a recession,” said Nick LiVigne, Convene’s head of product. “We think this is a sustainable... Read more
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Will tech make realtors obsolete? Investors debate the future of real estate
8/23/19The real estate industry has undergone dramatic shifts over the past few years thanks to tech companies such as Zillow and Redfin, but some aspects of the industry haven’t changed in decades. Most transactions are still handled by a real estate agent, for example. Some venture capital investors think that... Read more
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Waymo open-sources data set for autonomous vehicle multimodal sensors
8/22/19Waymo, the Alphabet subsidiary that hopes to someday pepper roads with self-driving taxis, today pulled back the curtains on a portion of the data used to train the algorithms underpinning its cars: The Waymo Open Dataset. Waymo principal scientist Dragomir Anguelov claims it’s the largest multimodal sensor sample corpus for autonomous... Read more
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Watch: Top Real Estate Tech Venture Activity in July 2019
8/22/19Real Estate Tech Funding Recap. Get more insights and see Ashkán Zandieh, Chief Intelligence Officer, at the largest real estate tech conference, CREtech NYC 2019 - Oct 16-17. Learn more at cretech.com. As the summer months heat up, so does venture capital activity. The heatwave of venture funding continued in... Read more
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Tech Companies Concede to Real Estate Relationships
8/22/19New moves from top real estate tech companies are revealing the importance of relationships, even in the digital age. Online real estate marketplaces, for example, are now participating in the home buying and selling process, and commercial real estate marketplaces are positioning themselves as tools for brokers, not a potential... Read more
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