Jul
15

Startup Fanbytes uses its network of 2,000 influencers to help brands go viral on TikTok, the short-form video app teens love

TikTok is one of the hottest video apps for teens and Fanbytes, a two-year-old startup based in the UK, is helping music giants like Universal and Warner try and cash in on it by getting their songs into viral clips. TikTok allows its users share short-form videos of themselves lip-syncing and dancing to popular music or video clips.

24-year-old Fanbytes CEO, Timothy Armoo, said his startup employs around 30 millennials, who use their understanding of social-media trends to build creative campaigns for brands on platforms like TikTok, Snapchat, and Instagram, with the goal of getting them to go viral.

On TikTok, these campaigns often take the form of "challenges," where users respond to videos under a specific hashtag, by creating their own version. Some of these custom challenges have landed on TikTok's trending page and garnered millions of views, Armoo said.

#canttakeitfromme

Fanbytes created the #canttakeitfromme challenge for the artist management group mTheory to promote the electronic dance trio Major Lazer's latest song, "Can't Take It From Me."

The campaign challenged TikTok users to create a video of themselves playing a sport and stealing the ball from their opponent on the verse, "can't take it from me." It landed on TikTok's trending page, with over 5,000 submitted videos and generated 6.2 million hashtag views, according to Fanbytes.

See also: TikTok: the rise of the insanely popular video

"Let's be honest, we are all on social media to show off," Armoo told Business Insider. "With a campaign like 'Can't Take It From Me,' people can show off how good they are in any particular sport. That goes back to TikTok allowing you to creatively express yourself, in a way other platforms can't."

Leveraging creators for success

To give their challenges a boost, Fanbytes leverages a network of 2,000 TikTok creators, and pays them to distribute hashtag campaigns. These creators help to spread the campaigns - lifting them above the noise by encouraging their hundreds to thousands of fans to participate in the challenge using the hashtag.

Fanbytes uses a scoring system to determine how much individual influencers will be paid for a campaign. The score, created by Fanbytes cofounder Ambrose Cooke, takes into account the amount of fans a creator has, their most recent average engagement, and their live stream engagement.

Fanbytes recently added Steve McKell, who goes by @stevenmckell with 1.5 million TikTok fans; Sur Face, who goes by @surfaceldn with 873,000 TikTok fans; and David, who goes by @dsp1994 with 339,000 TikTok fans; as exclusive Fanbytes creators, making the company the only place these creators receive paid campaigns from, according to Armoo.

How it works

Aside from music, Fanbytes also works for brands to create advertising campaigns on Snapchat and Instagram, building AR lenses and filters for Stories.

Fanbytes provides companies with a minimum view guarantee, Armoo said. Armoo declined to tell Business Insider how much a typical campaign costs, but the cost per view ranges from $0.02 to $0.05, according to Armoo.

That's roughly comparable to how much advertisers pay for a Snapchat campaign, a media executive who works with influencers told Business Insider. Snapchat advertisements tend to hover around the same $0.02 to $0.05 range, this exec said.

Fanbytes isn't the only influencer marketing agency creating TikTok campaigns. Companies like Viral Nation have also created campaigns on the app.

Armoo said the fact that his employees are young and understand the technology is Fanbytes biggest advantage over its competitors. Fanbytes' employees are "obsessed" with TikTok, Armoo said, and pick out the latest TikTok crazes they'll notice from spending time on the app, to present as campaign ideas.

There has been a surge of advertisement campaigns popping up on TikTok. The denim brand Guess used its branded hashtag challenge (#InMyDenim) to reach Gen Z users. Chipotle advertised free delivery on Cinco de Mayo in May with its #ChipotleLidFlip challenge.

Original author: Amanda Perelli

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Jul
15

What it's like visiting one of the world's greatest treasures, the 2,000 year-old mountaintop fortress Masada

The view from the top of Masada overlooking the Dead Sea. Ben Gilbert/Business Insider

Visiting Masada, the ancient fortress built atop a mountain plateau in modern day Israel, is a life-changing experience. No caveats necessary.

There's simply nothing like visiting an ancient mountaintop fortress that overlooks the Dead Sea. It doesn't feel real. But because of its isolation and the arid desert climate, the fortress once occupied by King Herod is a remarkably well-preserved relic of humanity's ancient past, one you can climb to on the same paths used by visiting dignitaries and invading Roman troops.

I did exactly that last July — here's what it was like:

Original author: Ben Gilbert

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Jul
15

Why commerce companies are the advertising players to watch in a privacy-centric world

Justin Choi Contributor
Justin Choi is the founder and CEO of Nativo, which empowers brands and publishers through its advanced platform for content.

The unchecked digital land grab for consumers’ personal data that has been going on for more than a decade is coming to an end, and the dominoes have begun to fall when it comes to the regulation of consumer privacy and data security.

We’re witnessing the beginning of a sweeping upheaval in how companies are allowed to obtain, process, manage, use and sell consumer data, and the implications for the digital ad competitive landscape are massive.

On the backdrop of evolving privacy expectations and requirements, we’re seeing the rise of a new class of digital advertising player: consumer-facing apps and commerce platforms. These commerce companies are emerging as the most likely beneficiaries of this new regulatory privacy landscape — and we’re not just talking about e-commerce giants like Amazon.

Traditional commerce companies like eBay, Target and Walmart have publicly spoken about advertising as a major focus area for growth, but even companies like Starbucks and Uber have an edge in consumer data consent and, thus, an edge over incumbent media players in the fight for ad revenues.

Tectonic regulatory shifts

Image via Getty Images / alashi

By now, most executives, investors and entrepreneurs are aware of the growing acronym soup of privacy regulation, the two most prominent ingredients being the GDPR (General Data Protection Regulation) and the CCPA (California Consumer Privacy Act).

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Aug
01

4 conversations every company needs to be having about AI

VidCon, the annual summit in Anaheim, CA for social media stars and their fans to meet each other drew over 75,000 attendees over last week and this past weekend. A small subset of those where entertainment and tech executives convening to share best practices and strike deals.

Of the wide range of topics discussed in the industry-only sessions and casual conversation, five trends stuck out to me as takeaways for Extra Crunch members: the prominence of TikTok, the strong presence of Chinese tech companies in general, the contemplation of deep fakes, curiosity around virtual influencers, and the widespread interest in developing consumer product startups around top content creators.

Newer platforms take center stage

Photo by Jerod Harris/Getty Images

TikTok, the Chinese social video app (owned by Bytedance) that exploded onto the US market this past year, was the biggest conversation topic. Executives and talent managers were curious to see where it will go over the next year more than they were convinced that it is changing the industry in any fundamental way.

TikTok influencers were a major presence on the stages and taking selfies with fans on the conference floor. I overheard tweens saying “there are so many TikTokers here” throughout the conference. Meanwhile, TikTok’s US GM Vanessa Pappas held a session where she argued the app’s focus on building community among people who don’t already know each other (rather than being centered on your existing friendships) is a fundamental differentiator.

Kathleen Grace, CEO of production company New Form, noted that Tik Tok’s emphasis on visuals and music instead of spoken or written word makes it distinctly democratic in convening users across countries on equal footing.

Esports was also a big presence across the conference floor with teens lined up to compete at numerous simultaneous competitions. Twitch’s Mike Aragon and Jana Werner outlined Twitch’s expansion in content verticals adjacent to gaming like anime, sports, news, and “creative content’ as the first chapter in expanding the format of interactive live-streams across all verticals. They also emphasized the diversity of revenue streams Twitch enables creators to leverage: ads, tipping, monthly patronage, Twitch Prime, and Bounty Board (which connects brands and live streamers).

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Nov
15

Genesys bolsters partnership with Google Cloud to provide enhanced customer experiences

Brave Care is an urgent care facility for pediatric care that costs, on average, about 80% less than a pediatric ER visit. Darius Monsef and his co-founder came up with the idea shortly after a fateful week for the Monsef family, during which their four-year-old dove off a bike ramp and their one-year-old started having breathing problems.

For both visits, he went to a pediatric urgent care facility where his kids were thoughtfully and patiently treated by Dr. Corey A. Fish. Monsef and Fish went to coffee a couple of weeks later, and Fish revealed he wanted to build out more pediatric urgent cares but needed a business partner.

The duo brought on a COO, Maryam Taheri, and a CTO, Asa Miller, and Brave Care was born.

In 2015, there were approximately 30 million pediatric emergency room visits in the United States — 96.7% of them were treat-and-release visits.

It’s no surprise that parents are quick to pull the trigger on an emergency room visit when their kid is hurt or injured. But ER visits are incredibly expensive, leaving caring parents in a punishing situation.

The idea behind Brave Care is to provide a service that fits in between a child’s regular doctor and the emergency room.

“We don’t want the treatment of an injury or illness to be more traumatic than how you got it,” said Monsef.

Brave Care is built specifically for children, meaning that the waiting rooms are kid-friendly and the medical instruments are kid-sized and not intimidating. Plus, Brave Care goes the extra step to make sure little patients aren’t afraid, whether that means numbing gels for injections or offering medicine in liquid form.

For now, Brave only has one location, in the Portland area, but the vision is to expand the brand to many locations across the country. Brave also wants to introduce a triage tool to help parents at home who are making difficult decisions about what to do with a sick or injured kid.

“One thing parents often do is they try to Google for whatever symptom or problem their kid is having,” said Monsef. “And searching for a problem is pretty awful because search engines are trained to return the most interesting result, and I don’t want that. That’s terrifying. What I want is to reasonably narrow down the area of the problem so I can find a better answer.”

He went on to explain that sometimes it can be very difficult to search a symptom without the right terminology. For example, how do you describe a certain type of cough?

In the near future, Brave Care wants to introduce a self-guided triage tool for parents looking to understand the basics of the issue so they can make informed decisions on where they need to go, what they need to do and how urgently they need to do it.

[gallery ids="1855579,1855580"]

The triage product is currently in development and will launch soon.

Eventually, Monsef sees the opportunity to introduce an asynchronous telemedicine product, which would combine in a HIPAA-compliant messaging system the data collected from the self-serve triage tool with pictures and videos provided by the parent.

That said, Monsef believes that fully remote telemedicine leads to overprescription of antibiotics and says Brave Care will stay away from remote-only care in the short term.

“Without the right device in a consumer’s hand, there isn’t much we can do remotely,” said Monsef. “We can’t look in the ear or throat, or listen to the heart. But as consumers get more of these devices, we can improve remote care for kids.”

For now, however, Brave Care is simply focused on providing the best possible care to patients in its Portland facility.

Brave Care is in the current Y Combinator class and has raised a total of $1.45 million in funding.

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May
01

IPOs, crypto funds and other things I missed this week

Welcome to this transcribed edition of The Operators. TechCrunch is beginning to publish podcasts from industry experts, with transcriptions available for Extra Crunch members so you can read the conversation wherever you are.

The Operators highlights the experts building the products and companies that drive the tech industry. Speaking from experience at companies like Airbnb, Brex, Docsend, Edmodo, Facebook, Google, Lyft, Mint, Slack, Uber, WeWork, etc., these experts share insider tips on how to break into fields like design and enterprise sales. They also share best practices for entrepreneurs to hire and manage experts in fields outside their own.

This week’s edition features Gülay Birand, UX Lead and Product Design Manager at Facebook, and Tim Rechin, Head of Design at Edmodo, the leading education technology company. Gülay and Tim share their experiences and explain design, UI/UX, how to build a career in these fields, and how entrepreneurs should think about them.

Gülay and Tim bring experience from other great companies including Google, Amazon, Mint, and SAP. Having seen and grown in their disciplines from a variety of companies and customer types, they share deep insight from across tech.

Neil Devani and Tim Hsia created The Operators after seeing and hearing too many heady, philosophical podcasts about the future of the world and the tech industry, and not enough attention on the practical day-to-day work that makes it all happen.

Tim is the CEO & Founder of Media Mobilize, a media company and ad network, and a Venture Partner at Digital Garage. Tim is an early-stage investor in Workflow (acquired by Apple), Lime, FabFitFun, Oh My Green, Morning Brew, Girls Night In, The Hustle, Bright Cellars, and others.

Neil is an early-stage investor based in San Francisco with a focus on companies solving serious problems, including Andela, Clearbit, Recursion Pharmaceuticals, Vicarious Surgical, and Kudi.

If you’re interested in becoming a designer, doing UI/UX research, furthering your career in that field, or starting a company and don’t know when to hire or how to manage this discipline, you can’t miss this episode!

The show:

The Operators highlights the experts building the products and companies that drive the tech industry. Speaking from experience at companies like Airbnb, Brex, Docsend, Edmodo, Facebook, Google, Lyft, Mint, Slack, Uber, WeWork, etc., these experts share insider tips on how to break into fields like design and enterprise sales. They also share best practices for entrepreneurs to hire and manage experts in fields outside their own.

In this episode:

In Episode 3, we’re talking about design and UI/UX. Neil interviews Gülay Birand, UX Lead and Product Design Manager at Facebook, and Tim Rechin, Head of Design at Edmodo.

Neil Devani: Hello and welcome to The Operators, where we talk to the people building the companies of today and tomorrow. We publish every other Monday and you can find us online at Operators.co.

Today’s episode is very special, we are talking to two UI/UX experts who have designed and researched products that have been touched by billions of people. I’m your host, Neil Devani and we’re coming to you today from the Vault of Joi here at Digital Garage in downtown San Francisco.

Joining me is Tim Rechin, Head of Design at Edmodo, the leading classroom and education community with 100 million users globally. Also joining us is Gülay Birand, a UX lead and product design manager at Facebook.

Gülay works on the newsfeed product used by billions of people every day. Thank you for joining us, if you could tell us more about yourselves and your work it would be great to hear more.

Gülay Birand: Thank you, my name is Gülay Birand. I’m a product design manager at Facebook . I’ve been at Facebook for about three months. Prior to that I was at Google for about 8 years, and I led a horizontal team on Google Cloud Platform for about four years, leading growth and engagement, support, and product excellence initiatives.

Prior to that I did a bit of a tour to Google, so I worked on search, identity, a couple of other areas like mobile ads, and before that I was at T-Mobile where I was building mass market and franchise home experiences, mainly on Android. And prior to that I was at Amazon leading experiences for the very first Kindle, so that was a lot of fun.

Devani: And Tim tell us more about yourself and how you got here.

Tim Rechin: Yeah, so I’m currently at Edmodo, leading up design and that’s really across the entire platform that serves our teachers, students and parents in the US and globally. And before Edmodo, I was at Facebook, and I was on the Feed Ads team and responsible for the lead ads product that we launched that year. Before that I was at Mint, so doing personal finance and some of you may be using Mint.

Devani: I’m definitely using Mint, its great, I love it.

Rechin: And then before that SAP, Yahoo, eBay, and then Elance very early on which is now Upwork.

Devani: Very cool, all companies that I’ve used, products that I enjoy, thank you for helping create them.

Birand: Thank you.

Devani: So it’d be great if you could tell folks more about what you do every day. Who are the folks in your company that you are interacting with, what are your responsibilities, what does it mean to do the job that you do?

Rechin: That’s a good question, it’s a bit mixed. Just for some context, Edmodo is a company a little over 100 people and so our product teams are in the 6-7 product managers range. I lead a team of 3 designers. So my day to day is really getting to work and really trying to figure out what’s going on, so this year is a particularly busy year as we get ready for back to school.

And so we have a lot of concurrent projects going, so one of the things I like to do when I get in is level set, kind of see how my day is and I’ll go check in with the different teams. That’s part of the work I do, working with the different product teams and the strategy.

So like I said, we are working on lots of different projects, so it’s really just keeping everyone aligned and making sure that designers are delivering things on time, that any issues or gaps are being filled and we can go answer those questions that are coming from product managers and designers. In some cases too, there is a project that is about to be kicked off, so everything is not clean, phased, there are always these things that kind of pop up.

So I will find myself in meetings in talking about strategy to figure out how to kick off those projects or what our go-to-market is for back to school.

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Jul
15

179th 1Mby1M Entrepreneurship Podcast With Luis Gutierrez Roy, Telegraph Hill Capital - Sramana Mitra

Luis Gutierrez Roy, Managing General Partner of Telegraph Hill Capital, discusses his firms’ investment thesis. The fund provides Spanish Limited Partners access to investment opportunities in the US...

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Original author: Sramana Mitra

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Jul
15

1Mby1M Virtual Accelerator Investor Forum: With Eghosa Omoigui of EchoVC Partners (Part 5) - Sramana Mitra

Sramana Mitra: My last trend question is B2B versus B2C. It sounds like it’s largely a B2C entrepreneur pool. Eghosa Omoigui: Actually, it’s the other way around. That has some correlation with the...

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Original author: Sramana Mitra

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Jul
15

449th Roundtable Recording on July 11, 2019 - Sramana Mitra

In case you missed it, you can listen to the recording of this roundtable here:

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Original author: Maureen Kelly

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Jul
15

July 18 – 450th 1Mby1M Mentoring Roundtable for Entrepreneurs - Sramana Mitra

Entrepreneurs are invited to the 450th FREE online 1Mby1M mentoring roundtable on Thursday, July 18, 2019, at 8 a.m. PDT/11 a.m. EDT/5 p.m. CEST/8:30 p.m. India IST. If you are a serious...

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Original author: Maureen Kelly

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Jul
15

Everbridge Proves its Mettle - Sramana Mitra

Emergency notifications provider Everbridge (Nasdaq: EVBG) has recently announced that it has been awarded the contract for deploying Australia’s national early warning system. This news coupled with...

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Original author: Sramana_Mitra

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Jun
23

These Forge cofounders just raised $5 million to work on a new, still-stealth investing startup

Tennis superstar and mom to a 22-month-old, Serena Williams has joined Mark Cuban to invest $3 million seed funding in Mahmee, a startup working toward filling the critical care gap in postpartum care.

For those who’ve never given birth or who (count your blessings!) never had any mishaps in the hospital or afterwards, the weeks and months following childbirth can be extremely hard on the new mom, with estimates as high as one in five women suffering from postpartum depression or anxiety and about 9% of women experiencing post traumatic stress disorder (PTSD) following childbirth — and those are just the mood and mental health disorders.

Physical recovery, even for those with a healthy, run-of-the-mill birth, takes at least six weeks — eight weeks if you’ve had a C-section. And then there are all the medical complications. Williams, who has a history of blood clots, ended up basically shouting at the doctors to give her a CT scan that saved her life.

The real issue, at the heart of all this, according to Mahmee co-founder Melissa Hanna, is that “the data is fragmented.” She says this is why she built a network to get new moms the support they need — from their community, other moms and medical providers.

Mahmee provides not only online group discussions with other moms going through the same thing and at the same stage but also connection to your medical provider. On top of that, it adds support from a trained “maternity coach” who can flag if something is wrong.

One example Hanna used was a new mom who was exhibiting symptoms of septic shock. The co-founder says a coach was able to call this mom on the spot and get her to contact her OB-GYN right away.

There are other online services like Postpartum Support International (PSI) and the Bloom Foundation, which both provide a sort of digital network and resources for new moms, but Hanna believes it is that missing link to medical professionals after mom has gone home from the hospital that really makes a difference.

“We’re so focused on delivering a healthy baby that mom gets side-lined,” she told TechCrunch. Adding in a statement, “And this industry is lacking the IT infrastructure needed to connect these professionals from different organizations to each other, and to follow and monitor patients across practices and health systems. This missing element creates gaps in care. Mahmee is the glue that connects the care ecosystem and closes the gaps.”

While other sites mentioned above are free to use, Mahmee, which goes beyond social support to providing engagement and patient monitoring, makes money through group and individual video calls (the introductory session with a coach is free) and various support groups. There are also different payment tiers starting at $20 a month and up toward $200 per month where new parents can ask unlimited questions through a HIPAA-secure, online dashboard connecting them with their medical providers and Mahmee coaches.

Do new moms need to pay someone to help them out and monitor them medically after they get home from the hospital? Possibly. Some local hospitals and medical networks also provide various types of help — both through counseling and new parent support groups. But often it can take weeks to get a counseling session at a busy hospital and your OB may have too many patients to call and check up on you. Having this type of support could just save your life — and, if anything else, checking in with a group of moms going through the same thing could be the key to saving your sanity.

Hanna admits it’s early days for her startup, but tells TechCrunch there are more than 1,000 providers in the Mahmee network so far. She plans to use the $3 million to grow her team, including engineers, clinicians and sales staff, and hints she’s working on several partnerships within the healthcare industry right now.

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Jul
30

AI Weekly: AI adoption is driving cloud growth

We’re in a celebratory mood here at TechCrunch — it’s Prime day after all. So we’re setting you up for serious savings on passes to Disrupt Berlin 2019, which takes place on 11-12 December. Das ist wunderbar!

Jump on this classic buy-one-get-one — BOGO — deal that starts today and ends tomorrow, July 16, at 11:59 p.m. (GMT). Buy an Innovator, Founder or Investor pass and you’ll score a second one free. Treat your co-worker or friend to two days of the best of the European tech scene. Talk about value. But this BOGO goes bye-bye in just 48 hours, so don’t wait. Buy your passes to Disrupt Berlin 2019 now.

Imagine experiencing all that Disrupt Berlin has to offer knowing that you got two passes for the price of one. That’s some serious ROI before you even step foot in Berlin. Don’t miss the Startup Battlefield — our legendary pitch-off with $50,000 cash at stake. The competition is always fierce and fascinating. Last year was epic. Who knew tech could help address reduced sperm motility? Berlin’s reigning Startup Battlefield champ, Legacy, did.

If you’re set to network, head straight to the Startup Alley expo hall. It’s packed with hundreds of startups showcasing their considerable tech talents. It’s also home to a cadre of outstanding startups — our TC Top Picks. We vet applications and choose up to five startups that represent the best in a range of tech categories. It’s another great way to gain invaluable exposure. The vetting process for Startup Battlefield and the TC Top Picks program officially starts a bit later this summer, but you can get a head start on things by filling out an application at apply.techcrunch.com.

We’re building our 2019 speaker roster as we speak. As always it will feature world-class speakers and panelists — founders, investors and icons — who share their experiences, advice and insight. Last year, we had the pleasure of hearing from Frank Salzgeber (European Space Agency), Lizzie Chapman (ZestMoney) and Rafal Modrzewski (ICEYE) — just to name a few.

Sign up for our mailing list to stay current as we announce the speakers, workshops, demos events and other surprises in the weeks ahead.

Disrupt Berlin 2019 takes place on 11-12 December, and we pack a lot of value into two short days. Double your ROI and take advantage of our 48-hour BOGO sale. Buy your Innovator, Founder or Investor passes before July 16 at 11:59 p.m. (GMT) and get another pass free. That’s two passes for one super early-bird price. Das ist wunderbar! Buy your BOGO passes to Disrupt Berlin 2019.

Is your company interested in sponsoring or exhibiting at Disrupt Berlin 2019? Contact our sponsorship sales team by filling out this form.

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Nov
18

Heetch adds $4 million to its Series B round

Amperity is announcing that it has raised $50 million in Series C funding.

The company offers what co-founder and CEO Kabir Shahani said is the ability to “ingest every piece of atomic-level data remotely related to a customer and assemble it into a customer 360.”

To illustrate how Amperity can help businesses use their customer data more intelligently, Shahani (pictured above with his co-founder and CTO Derek Slager) said a company with a branded credit card could start sending targeted offers based on customer activity, while a retailer could start sending promotions targeted at online-only customers to bring them into physical stores.

And just to be clear: This is only using first-party data collected by the brand itself, not third-party data purchased from other companies. In fact, when I brought this up, Shahani told me he has a “very strong and convicted belief in the sanctity of the relationship between the consumer and brands.”

Amperity says that in 2018, its annual recurring revenue grew 355% year-over-year. Although the startup only launched in 2016, it’s already signed up an impressive roster of customers, like Starbucks, Gap Inc., TGI Fridays and Planet Fitness.

Shahani said that when they sign up with Amperity, most of these businesses are already trying to use customer data to improve their messaging, but they aren’t able to do so in “a real-time, in-the-moment, frequent way,” and they aren’t effectively merging data from different channels into a single profile.

He also argued that while Salesforce and Adobe have announced plans to move into this market, it was “kind of an intention announcement” — “There aren’t any real customers behind it, there aren’t any real use cases deployed.”

As the large marketing clouds build up their offerings, Shahani suggested that Amperity will still have the advantage of a “network effect,” with businesses recommending the company’s platform to each other, and will also benefit from an interest in standalone, “best-in-class” products.

“The marketing cloud phenomenon of 10 years ago, 15 years ago has certainly burned a lot of companies,” Shahani said.

Amperity has now raised a total of $87 million. The new funding comes from Tiger Global Management, Goldman Sachs, Declaration Partners, Madera Technology Partners, Madrona Venture Group and investor Lee Fixel (who previously backed Amperity through his role at Tiger).

“It’s been exciting to watch this team execute against their vision and develop the deep technical capability required to become the clear category leader,” Fixel said in a statement.

Among other things, the money should help Amperity beef up its sales and marketing — Shahani said it didn’t start seriously hiring a sales team until a year ago, and it didn’t hire its first chief marketing officer until three months ago.

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Jul
15

Building Two Open-Source Startups in a Row: Sysdig CEO Loris Degioanni (Part 7) - Sramana Mitra

Sramana Mitra: How do you charge? Loris Degioanni: We charge based on the number of machines that they need to manage with our platform. It’s the typical function of the number of servers that you’re...

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Original author: Sramana Mitra

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Nov
18

November 21 – 466th 1Mby1M Mentoring Roundtable for Entrepreneurs - Sramana Mitra

Hero Labs, a London-based startup that is developing “smart” technology to help prevent water leaks in U.K. properties, has raised £2.5 million in seed funding. The round is led by Earthworm Group, an environmental fund manager, with further support via a £300,000 EU innovation grant and a number of unnamed private investors.

The new capital will be used by Hero Labs to accelerate development of its first product: a smart device dubbed “Sonic” that uses ultrasonic technology to monitor water use within a property, including the early detection of water leaks.

Founded in 2018 by Krystian Zajac after he exited Neos, a smart home insurer that was acquired by Aviva, Hero Labs was born out of the realisation that a lot of smart home technology either wasn’t very smart or didn’t solve mass problems (Zajac had also previously run a smart home company focusing on ultra-high-net-worth individuals that delivered bespoke designs for things like motorised swimming pool floors or home cinemas doubling up as panic rooms).

Coupled with this, the Hero Labs founder learned that water wastage was a very costly problem, both financially and environmentally, with water leaks being the number one culprit for property damage in the U.K., ahead of fires, gas explosions or break-ins combined. This sees water leaks cost the U.K. insurance industry £1 billion per year, apparently.

“My vision for the company is to solve real-life problems with truly smart technology,” Zajac tells me. “From working at Neos and alongside some of the world’s largest home insurers I understood the problems that impacted ordinary homeowners and their families on a day-to-day basis. Perhaps most surprisingly, I learnt that water leaks are far and way the biggest cause of damage to homes… I also wanted to do more for the environment in my next venture after learning that water leaks waste 3 billion litres of water a day in the U.K. alone.”

To that end, the Sonic device and service is described as a smart leak defence system. Aimed at anyone who wants to prevent water leaks in their property — including homeowners, landlords, facilities management, property developers and businesses — the ultrasonic device typically attaches to the piping below your sink and “listens” to the vibrations coming off the interconnected pipes.

Sonic then monitors the water flow using machine learning and its algorithms to identify usage and detect anomalies. This requires the technology to understand the difference between appliances, running taps and even flushing toilets so that it can build up a picture of normal water usage in the home and in turn identify if that pattern is broken. Crucially, if needed, Sonic can automatically shut off the water supply to prevent a water leak from damaging the property or its possessions.

Will a full launch planned for later this year, Sonic is targeting consumers as well as small businesses initially. “We are [also] in discussions with insurers who might subsidise the product or give it away completely for free to certain more affluent customers to minimise the risk of water escape,” adds Zajac.

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Nov
04

1Mby1M Virtual Accelerator Investor Forum: With Rodrigo Baer of Redpoint Ventures (Part 4) - Sramana Mitra

This feature from CryptoNewsZ covers the highlights of the PITCH competition for startups at the 2019 edition of the RISE conference held in Hong Kong last week. For this week’s posts, click on...

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Original author: jyotsna popuri

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Jul
14

1Mby1M Virtual Accelerator Investor Forum: With Eghosa Omoigui of EchoVC Partners (Part 4) - Sramana Mitra

Eghosa Omoigui: Education is a very significant issue. These markets are growing very quickly. Nigeria is adding 26,000 babies every day. Education and how you create a pathway to households is a key...

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Original author: Sramana Mitra

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Jul
14

Kibus is like a Keurig for your pet

In a pitch during a recent meeting at Brinc’s Hong Kong headquarters, the Barcelona-based team behind Kibus Petcare was quick to point out that most millennials consider pets “a member of the family.” That sort of statement manifests itself in various ways, of course, but for many, that means preparing home-cooked meals for their dogs and cats.

As a rabbit owner myself, that fortunately mostly just means rinsing off some arugula in the sink once a day. For those other pet owners, however, the prospect is a fair bit more complex, putting the same or even more work into prepping meals for their furry companions.

The pitch behind Kibus is an attempt to split the difference. The company’s appliance is designed to offer something like a home-cooked meal for a dog or cat, with a fraction of the required effort. The system accepts plastic cartons filled with freeze dried pet food. Pour in some water and the system will heat it up, cooking the foodstuffs in the process.

The company is going to be launching a Kickstarter campaign to sell the product, which is currently in prototype form. At launch, it will run around €199. That initial version will include user-refillable pods, but in the future, they company plans to limit these to the pre-made variety, clearly going after a kind of ink cartridge approach to monetizing the system.

The pods will work out to around €1 a day, with the machine rationing out food to pets one to five times a day. Each should last about a week for an average pet, or somewhere in the neighborhood of three days for the largest dog. To start, the company is offering up five different food options (two for cats, three for dogs), with more coming down the road.

Users can monitor the system remotely and program in the sound of their own voice to call the pet over when it’s feeding time. The second version of the device will also include a camera for monitoring pets from afar.

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Jul
14

Building Two Open-Source Startups in a Row: Sysdig CEO Loris Degioanni (Part 6) - Sramana Mitra

Sramana Mitra: The $2.5 million of seed capital that you raised, what was the next milestone? How long did it take you from there to deliver your first product? Loris Degioanni: Based on my...

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Original author: Sramana Mitra

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