More consolidation underway in the area of point of sale services. New York-based payment startup ShopKeep is buying Ambur, a payments service for restaurants, food trucks and other food and drink establishments. ShopKeep will keep the product alive as it integrates it, and will be taking on Ambur’s 1,500 customers in the process. The terms of the deal were not disclosed,… Read More
from TechCrunch
Another move by a large company to up its stakes in the world of open source technologies: Payments giant First Data Corporation has acquired Spree Commerce, an open source storefront platform originally based on Ruby on Rails. Terms of the deal have not been disclosed — we are trying to find out — but Spree’s CEO Sean Schofield says in a blog post confirming the deal that… Read More
from TechCrunch
A few months ago, I took a ride down the 101 in an Audi that had been modified to self-drive down Bay Area highways. The tech was developed by a company called Cruise, which was started by Socialcam founder Kyle Vogt; he did undergraduate research a decade ago in autonomous vehicles. After hitting one out of the park with consumer mobile apps when Socialcam sold to Autodesk for $60 million,… Read More
from TechCrunch
Is bitcoin a currency or a commodity? According to the United Stated Commodity Futures Trading Commission (CFTC), bitcoin is the former. Its recent decision mirrors former verbiage by the IRS declaring bitcoin to be, as TechCrunch reported at the time, “property, not currency.” What’s going on? Read More
from TechCrunch
While there’s no shortage of online website builders today, most are focused on providing professionals or small business owners with an easy-to-use set of tools to quickly create their own web page without having to hiring an outside development firm. A company called Padlet, however, has gone in a different direction. Its simple and collaborative website creation platform can be used for… Read More
from TechCrunch
Clover Health, an insurance startup based out of San Francisco, is hoping that with its data-driven approach it can rebuild healthcare for senior citizens from the ground up.
It wants that by tracking all the inputs of a person’s medical history from insurance claims and determining who the highest-risk patients are. Clover health then works with those patients to help them become… Read More
from TechCrunch
Servy, an app that lets restaurants offer a partial discount in exchange for private feedback, has just closed $800K in seed funding. Investors include RiverPark Ventures, Beacon Fund, Food-X, DreamIt Ventures, and Nick Kenner, CEO and Founder of Just Salad. Most online restaurant reviews are either written because of a fantastic or awful experience. Either way, these reviews live online… Read More
from TechCrunch
At this year’s Disrupt SF event, Sequoia’s Bryan Schreier and Qualtrics CEO Ryan Smith will make a co-appearance. I’m hosting the duo. Schreier is best known for his early investment in Dropbox, the popular cloud storage service. The venture capitalist been on the board there for more than seven years. Smith is a co-founder at Qualtrics, a Utah-based shop founded in 2002. Read More
from TechCrunch
What started as a hobby is now a serious tool for those buying and selling sneakers. Today, Campless is announcing an investment by Detroit Venture Partners and the launch of a new product that will allow Campless users to build an online database of their sneaker collection and track the value overtime. Read More
from TechCrunch
Fundera, the online credit marketplace that helps small business secure loans started by GroupMe cofounder Jared Hecht, has today announced the close of a $11.5 million Series B funding round led by Susquehanna Growth Equity with participation from existing investors including QED Investors, Khosla Ventures, and First Round Capital. Alongside the funding, SGE’s Scott Feldman and… Read More
from TechCrunch