Pando

November 2012

  1. Magical mystery machine: How Memoto's lifelogging camera could change our memories

    In about 17 hours, the Kickstarter campaign for the Memoto lifelogging camera will come to an end. It has been a wild success. The 12-person team from Sweden had hoped to raise $50,000 via the crowdfunding platform. Thanks to an initial burst of media attention, it passed that goal within four hours of starting the campaign. A month later, thanks to 2,800 backers, Memoto has raised more than $540,000.

    By Hamish McKenzie , written on

    From the News desk

  2. Another gifting company launches, but Sesame may have opened way too late

    Internet gifting is all the rage. Just yesterday, Facebook officially launched its Gifts platform, one of many attempts to wring more revenues out of its billion users and appease Wall Street after its botched initial public offering.

    By Richard Nieva , written on

    From the News desk

  3. YC alum PlanGrid gets an update to make construction more cloud friendly

    Software may in fact be eating the world, as VC Marc Andreessen puts it, but there are some industries that have remained particularly resistant to its charms. Few places is this more true than in the world of real estate and construction, where professionals have demonstrated an unhealthy loyalty to paper. One startup in particular is trying to change this by offering a solution so compelling that even the most old school customers can't say no.

    By Michael Carney , written on

    From the News desk

  4. See those things around your legs, cloud customer? Those are shackles

    The original promise of on demand computing, software as a service, cloud computing or whatever catch phrase you want to use was that the companies would be easier and cheaper to build than traditional enterprise software companies and they'd be far more customer friendly.

    By Sarah Lacy , written on

    From the News desk

  5. Good news! If you survive the Series A and B rounds, there's plenty of life at C

    As we wrote yesterday only a tiny 20% of companies who have raised a seed round of funding in the last year are likely to graduate to a formal institutional round of venture capital, the Series A.

    By Sarah Lacy , written on

    From the News desk

  6. Basis: Moving beyond the glorified pedometer

    Basis, like all of the previously-mentioned devices and probably a dozen others, combines data analytics and fitness to help users better – and better understand – themselves. The company's wristband is armed to the teeth with sensors, equipped with the ability to measure skin temperature, ambient temperature, perspiration, heart rate, and movement. (And you thought James Bond's watches were cool.)

    By Nathaniel Mott , written on

    From the News desk

  7. Scanadu officially launches to build technologically-savvy healthcare

    That was in 2010. This experience motivated de Brouwer, who previously acted as CEO of One Laptop Per Child Europe and founded numerous companies before abandoning the Valley after the dot-com bust, to re-enter the technology ecosystem. He uprooted his family from Brussels, where he had "taken over a small banking company and turned it into a big one" after the bubble burst, came back to the Valley, and went to work. Scanadu, which is based at the NASA-Ames Research Center, is the culmination of those efforts.

    By Nathaniel Mott , written on

    From the News desk

  8. CapLinked raises $1.6M from the very investors its been organizing

    Anyone who’s ever closed a complex business deal in the last decade has likely experienced the nightmare that are “Virtual Data Rooms.” These legacy Web 1.0 platforms are used to securely organize and share transactional and due diligence documents in the cases of events such as financings, asset sales, and mergers and acquisitions. Unfortunately, VDRs have not kept pace with technology over the last decade and the experience tends to be cumbersome at best. That said, the alternative is a combination of manual spreadsheet management and constant emailing of confidential documents.

    By Michael Carney , written on

    From the News desk

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