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Archivo del Autor: Belen De Leon

Denver, Austin & Miami are the top upcoming tech startup markets, says Sound Ventures

Ashton Kutcher’s VC firm, Sound Ventures, believes there’s opportunity for investment outside of Silicon Valley. Specifically, the firm pegs Denver, Austin and Miami as the most promising U.S. markets for tech startups and investing, outside of the large markets like Silicon Valley and New York, of course.

According to Sound Ventures partner Effie Epstein, speaking on stage at TechCrunch Disrupt SF 2018 this morning, Boston is another great market for startups.

She also noted that the firm has a couple of companies coming out of Miami now, and credited Seattle as being a possible player.

“Seattle has always been in the background. I’m kind of surprised that we haven’t seen more out of Seattle,” said Epstein.

However, when asked about the most promising upcoming markets, Seattle wasn’t on the list.

“I would say Denver, Austin, and, shockingly Miami, have been climbing up the ranks,” she said.

The appeal of these markets is that they’re places where people don’t just want to work, they also want to live.

“One of the one of the biggest things relative to those companies being in different markets was they could attract talent at similar to lower prices because the cost of living was lower,” Epstein said, during the Disrupt interview. “So, suddenly people could have better lives working at companies – working on hard problems to solve to make the world a better place – but actually have a life while they were doing that.”

The partners also touched on the possibilities in L.A.

More recently, L.A. startups have been able to actually retain their talent, they said.


Source: TechCrunch

Elastic’s IPO filing is here

Elastic, the provider of subscription-based data search software used by Dell, Netflix, The New York Times and others, has unveiled its IPO filing after confidentially submitting paperwork to the SEC in June. The company will be the latest in a line of enterprise SaaS businesses to hit the public markets in 2018.

Headquartered in Mountain View, Elastic plans to raise $100 million in its NYSE listing, though that’s likely a placeholder amount. The timing of the filing suggests the company will transition to the public markets this fall; we’ve reached out to the company for more details. 

Elastic will trade under the symbol ESTC.

The business is known for its core product, an open-source search tool called ElasticSearch. It also offers a range of analytics and visualization tools meant to help businesses organize large data sets, competing directly with companies like Splunk and even Amazon — a name it mentions 14 times in the filing.

Amazon offers some of our open source features as part of its Amazon Web Services offering. As such, Amazon competes with us for potential customers, and while Amazon cannot provide our proprietary software, the pricing of Amazon’s offerings may limit our ability to adjust,” the company wrote in the filing, which also lists Endeca, FAST, Autonomy and several others as key competitors.

This is our first look at Elastic’s financials. The company brought in $159.9 million in revenue in the 12 months ended July 30, 2018, up roughly 100 percent from $88.1 million the year prior. Losses are growing at about the same rate. Elastic reported a net loss of $18.5 million in the second quarter of 2018. That’s an increase from $9.9 million in the same period in 2017.

Founded in 2012, the company has raised about $100 million in venture capital funding, garnering $700 million the last time it raised VC, which was all the way back in 2014. Its investors include Benchmark, NEA and Future Fund, which each retain a 17.8 percent, 10.2 percent and 8.2 percent pre-IPO stake, respectively.

A flurry of business software companies have opted to go public this year. Domo, a business analytics company based in Utah, went public in June raising $193 million in the process. On top of that, subscription biller Zuora had a positive debut in April in what was a “clear sign post on the road to SaaS maturation,” according to TechCrunch’s Ron Miller. DocuSign and Smartsheet are also recent examples of both high-profile and successful SaaS IPOs.


Source: TechCrunch

Lenovo IdeaPad 530s vs. Acer Aspire E 15

The Lenovo IdeaPad 530s and Acer Aspire E 15 both aim to dominate the budget market. Which of them offers the most compelling combination of performance, build quality, and battery life?

The post Lenovo IdeaPad 530s vs. Acer Aspire E 15 appeared first on Digital Trends.


Source: Digital trends

Google adds a bunch of rugged devices to its Android Enterprise Recommended program

Rugged smartphones, the kind of devices that business can give to their employees who work in harsh environments, are a bit of a specialty market. Few consumers, after all, choose their smartphones based on how well they survive six-foot drops. But there is definitely a market there, and IDC currently expects that the market for Android -based rugged devices will grow at 23 percent annually over the next five years.

It’s maybe no surprise that Google is now expanding its Android Enterprise Recommended program to include rugged devices, too. Chances are you’ve never heard of many of the manufacturers in this first batch (or thought of them as smartphone manufacturers): Zebra, Honeywell, Sonim, Point Mobile, Datalogic. Panasonic, which has a long history of building rugged devices, will also soon become part of this program.

The minimum requirements for these devices are pretty straightforward: they have to support Android 7+, offer security updates within 90 days of release from Google and, because they are rugged devices, after all, be certified for ingress protection and rated for drop testing. They’ll also have to support at least one more major OS release.

Today’s launch continues our commitment to improving the enterprise experience for customers,” Google writes in today’s announcement. “We hope these devices will serve existing use cases and also enable companies to pursue new mobility use cases to help them realize their goals.


Source: TechCrunch

Watch live: Twitter and Facebook executives testify before Congress

Social media giants Facebook and Twitter appear before Congress today to address Russian meddling in US elections, and bias against conservatives. Lawmakers remain skeptical that technology companies can self-govern.

The post Watch live: Twitter and Facebook executives testify before Congress appeared first on Digital Trends.


Source: Digital trends

What’s the skinny? Apple may launch a new MacBook with ultrathin design soon

Known for slimming down its gadgets with successive redesigns, Apple may be pushing the ultrathin envelope again when it debuts a new MacBook. The latest report suggests that Apple could introduce the slim laptop soon.

The post What’s the skinny? Apple may launch a new MacBook with ultrathin design soon appeared first on Digital Trends.


Source: Digital trends

What to expect from Apple’s September 12 ‘Gather Round’ event

Apple has sent invitations out for its fall event, where it’s expected to unveil a slew of new products — including a set of three new iPhones, and a new Apple Watch. Here’s everything we expect from Apple at the event.

The post What to expect from Apple’s September 12 ‘Gather Round’ event appeared first on Digital Trends.


Source: Digital trends

How Trump Could Trigger Armageddon With a Tweet

Times have changed. The president is being held in check by terrified aides who are trying to keep his worst impulses in check. But disaster may only be a tweet away. Here’s how it could happen.
Source: Wired

Kremlin's Kids: Giant Family Portraits With Vladimir Putin

Every year, Russia’s president presents the Order of Parental Glory to parents who raise seven or more children. The photos are … something to behold.
Source: Wired

With net neutrality gone, carriers throttle YouTube, Netflix, other streamers

If you stream Netflix and YouTube videos on your phone, you may be among the first to experience the result of an internet without net neutrality protection. Carriers are targeted video-streaming services for throttling.

The post With net neutrality gone, carriers throttle YouTube, Netflix, other streamers appeared first on Digital Trends.


Source: Digital trends

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