Tuesday, November 5

Tag: San Francisco

US based Teeth Aligner Startup Opens up Physical Stores in SF
21Dec By Gauri SinghNo Comments
BUSINESS

US based Teeth Aligner Startup Opens up Physical Stores in SF

Candid, a teeth aligner startup is evolving its direct-to-consumer business. The company aims to basically make straight teeth more accessible and more affordable than Invisalign.  In addition to its at-home impression process, Candid recently started enabling people to come into a physical office to get their teeth scans completed. With this development, Candid is opening physical storefronts in San Francisco, Austin, Columbus, Ohio and Santa Monica, Calif. This is in addition to the two locations in New York City, one in Boston and one West Hollywood, California. The company aims to have 75 locations across the U.S. by the end of next year. Candid 3D prints its FDA-approved aligners and is designed for people who need mild to moderate orthodontic work.  In Ca...
Read More
US-based Autodesk to Acquire PlanGrid for $875 million
21Nov By Gauri SinghNo Comments
ACQUISITION

US-based Autodesk to Acquire PlanGrid for $875 million

The American software company Autodesk has announced its plans to acquire PlanGrid for $875 million. Autodesk which is based in San Francisco helped move blueprints from paper to the iPad when it launched in 2011. “There is a huge opportunity to streamline all aspects of construction through digitization and automation. The acquisition of PlanGrid will accelerate our efforts to improve construction workflows for every stakeholder in the construction process,” CEO Andrew Anagnost stated. PlanGrid has excelled at building beautiful, simple field collaboration software, and on the other hand, Autodesk has focused on connecting design to construction. Together, these companies can drive greater productivity and predictability on the jobsite. PlanGrid currently has 400 employees, 12,000 cu...
Read More
San Francisco-based Brex Partners with some Major Firms for its Reward Program
31Oct By Gauri SinghNo Comments
BUSINESS

San Francisco-based Brex Partners with some Major Firms for its Reward Program

The billion dollar company Brex has launched its new rewards program in partnership with Amazon Web Services, WeWork, Instacart, Google Ads, SendGrid, Salesforce Essentials, Twilio, Zendesk, Caviar, HubSpot, Orrick, Snap, Clerky and DoorDash. With this partnership, the company aims to give entrepreneurs the ability to accrue and spend points on services and products they use regularly. The venture is owned by two 22-year-old serial entrepreneurs who are well aware of the costs associated with building a startup. “We didn’t want it to be something that everyone else was doing so we thought, what’s different about startups compared to traditional small businesses?” Brex co-founder and chief executive officer Henrique Dubugras said. Brex is basically a corporate card built for startups. ...
Read More
San Francisco-Based Stripe Secures $245 million to Fuel Growth
28Sep By Gauri SinghNo Comments
FUNDING

San Francisco-Based Stripe Secures $245 million to Fuel Growth

US fintech startup Stripe has reportedly raised funds amounting to $245 million in a financing round. The funding round has valued the company at $20.25 billion, a dramatic surge from its most recent $9.2 billion valuation in 2016. The funding round was led by billionaire investor Chase Coleman's hedge fund Tiger Global Management, and also saw participation from DST Global and Sequoia. The funds raised through this round are being planned to be used to fuel growth in key overseas markets such as Southeast Asia and India, where it plans to tap into the growth of the e-commerce industry to expand its payments products. The company also claimed that more than 500 million people in Southeast Asia and India are expected to become online customers in the next three years. Along with th...
Read More
Amazon Launches Amazon Go Checkout-free Store in Chicago
17Sep By Gauri SinghNo Comments
USA

Amazon Launches Amazon Go Checkout-free Store in Chicago

The retail major Amazon is all set to launch the next Amazon Go checkout-free store in Chicago. The new cashierless store will start operating today which is the first to open outside of Seattle. With this opening, the store will make use of proprietary technology made up of hundreds of cameras and sensors to see what customers have taken.  The Just Walk Out tech allows customers to swipe in with their Amazon Go app, pick up what they want and walk out. When they leave, the items are automatically charged to the credit card on the account, without the need to talk to a cashier or swipe a barcode. This is really a convenient and time-saving method of shopping. With this move, the customers now won’t have to stand in the queue and wait for their turn to pay for their items. This hig...
Read More
Founder Out Of Litecoins, Sells All After 7500% Rally
22Dec By RishabhNo Comments
News, USA

Founder Out Of Litecoins, Sells All After 7500% Rally

The world's fifth biggest cryptocurrency Litecoin founder Charlie Lee is all cashed in during a 75-fold rally this year. Founded back in 2011 in San-Francisco by a software engineer "sold and donated" all of his holdings over a past few days, he said in a Reddit blog post. The move was under the influence of various accusations where Lee was "accused of doing it(changing price of LTC) for personal benefit." "I have always refrained from buying/selling LTC before or after my major tweets, but this is something only I know. And there will always be a doubt on whether any of my actions were to further my own personal wealth above the success of Litecoin and crypto-currency in general," he added. Lee has sold or donated all his Litecoins and is "well off enough". "For the first time in...
Read More
Now Uber Investor Shervin Pishevar Accused Of Sexual Misconduct
1Dec By PriyankaNo Comments
USA

Now Uber Investor Shervin Pishevar Accused Of Sexual Misconduct

Multiple women have accused Uber investor Shervin Pishevar of  sexual misconduct, in a talk with Bloomberg. Pishevar, an early investor of San Francisco based ride-hailing company has been alleged with the misconduct, that he outdid in December 2014. Uber held a holiday party on an unfurnished floor at its headquarters in San Francisco, which was attended by its investors and employees. They came in flamboyant attire from the “Roaring ‘20s” and drank at an open bar into the early morning hours. Venture capitalist Shervin Pishevar, several attendees recall, brought a live pony on a leash. According to the attendees of the party, the then-40-years-old Shervin approached Uber's 30-years-old Austin Geidt, head of global expansion. During his moves, he placed his hand on her legs and tri...
Read More
Walk A Little To Use Uber ‘Express Pool’ For Cheapest Fares
14Nov By RishabhNo Comments
News

Walk A Little To Use Uber ‘Express Pool’ For Cheapest Fares

Uber has now come up with another plan to offer another 25-30 percent slash on the prices of its share rides. With Uber Express Pool, it is asking you to walk a few blocks to reach the pickup hotspot and get off at the destination hotspot, which may be a minutes walk away from your actual destination. Uber 'Express Pool' will surely provide the cheapest of the options out of its all other options. Here's how it works: This feature will access the map, and depending upon the easily located spots that are easier to drive and close to the origin or destination of various people seeking POOL in those areas; will dynamically create "smart spots". Now people willing to hail Express POOL will have to walk upto theses Smart spots and walk upto their destinations after getting off at othe...
Read More
Lyft May Claim A Third Of U.S. Market Soon!
11Nov By RishabhNo Comments
USA

Lyft May Claim A Third Of U.S. Market Soon!

Lyft is expected to take over a significant amount of U.S. market, and has gained much on its rival Uber Technologies Inc, according to a private Lyft investor report obtained by Bloomberg. The investor is depicting in the report that by the end of the year, Lyft's shares will see a boost in its U.S. ride-hailing business by about 61 percent. The gains that the company got are under the disturbed reputation of Uber after a series of events like executives stepping down and the distress among its drivers. These series of events has kept Uber distracted for a long time, while it was busy with internal management conflicts, Lyft gained on that and may emerge in the coming months. Besides gaining market share, Lyft has boosted its profitability and sales, the document mentioned. Accor...
Read More
SCOOT, San Francisco Based Electric Scooter Maker Hits 1 Million Miles
15Mar By No Comments
News

SCOOT, San Francisco Based Electric Scooter Maker Hits 1 Million Miles

SAN FRANCISCO, CA – Scoot has reached 1,000,000 miles in San Francisco today. Thousands of members have taken thousands of rides over the past 3.5 years. Scoot launched to the public in September 2012, with just 35 scooters & 5 locations. Each year, Scoot has expanded its reach and availability for residents of the City by the Bay. San Francisco is, as we know, 7x7 so scooting one million miles is like riding from SOMA to Ocean Beach 142,857 times. More importantly, if every one of those million miles had been in a car or taxi, instead of on an electric scooter, there’d be an additional 1.2 million pounds of CO2 in the atmosphere. But there isn’t! Instead, our community rode one million electric miles on two wheels, thousands of times. ALSO READ: Scoot Quad – San Francisco’s ...
Read More