Boston Startups Hiring This September

Brightcove

Brightcove is video platform developer looking for a range of positions , including a benefits manager, content producer, DevOps engineer, video production manager and more.

DataDog

Boston based, DataDog develops performance monitoring software. They are currently looking for a remote sales representative and engineers. 

DraftKings

Launched in 2012, Draft Kings is the fantasy sports company. They have 51 openings in their financial district headquarters for positions like copywriter, on-camera talent, software engineer and more. 

Drizly

Drizly is a wine and liquor company delivering beer, wine and liquor in an hour or less to customers. Currently looking to hire a senior DevOps engineer, customer experience representative, account manager, business development representative and inside sales professional.

Hollister Staffing

This Boston-based agency connects professionals with positions in technology, accounting and finance. 

Klaviyo

Klaviyo is a social media marketing agency which works with e-commerce brands to increase their brand awareness through email and social media. They have 28 positions ranging from customer success, data science, engineering, finance, marketing and sales.

Pluralsight

Pluralsight is a education start up looking for a director of engineering, data scientist and UX Designer.

SimpliSafe

SimpliSafe is a home security company based in Boston. The are working hard to make home security more affordable and less complicated. Currently looking for marketing, engineering and finance professionals. They are also offering internships to students. 

Toast

Is a new technology company for restaurant operations. Their tech combines a number of restaurant operations into one platform and streamlines the service whilst monitoring sales in real time. The company is aiming to fill multiple positions for accountants, engineers, customer success professionals, and more.

Wayfair

Wayfair is the e-commerce platform now world renowned and  one of the city’s fastest growing and most prominent companies. It is looking for  Marketing, finance, engineering and sales professionals to start immediately. 

Source: https://www.americaninno.com/boston/roundu...

Brex - The first corporate card for startups

Pedro Franceschi (left) and Henrique Dubugras are the cofounders of Brex. 

Pedro Franceschi (left) and Henrique Dubugras are the cofounders of Brex. 

Brex is the new San Fransisco based startup providing corporate credit cards to startups. The startup has raised a total of $57 million in funding from Peter Thiel, Y Combinator and early Facebook investor Yuri Milner. 

 

Source: https://www.businessinsider.com/brex-corpo...

Twitter is looking to remodel their business

Twitter CEO Jack Dorsey has finally decided he wants to revamp twitters service to fight hate, abuse, misinformation, harassment and, scams. In July 2018 Techcrunch reported 'Twitter posts record $100M profit but lose 1M users'. With the users declining the changes may become detrimental to the business. The change will also require a hefty investment. Dorsey says “We often turn to policy to fix a lot of these issues, but I think that is only treating surface-level symptoms that we are seeing". Changing the business model will change the engagement and rewards designed to keep users coming back. 

Nate Elliott, principal at marketing research firm Nineteen Insights said, Twitter doesn't have billions of users to absorb any hits on growth. Even if the changes work, “it's going to cost them so many users and so much money I can't imagine them sticking with these kinds of changes.”

Paul Verna, an analyst with research firm eMarketer, isn't optimistic that Twitter can make its service safer without hurting its business. “Because they rely on an advertising business model, they need to not only continue to reach audiences but try to get them to spend as much time on platforms as possible".

Source: http://www.journalgazette.net/business/201...

Apple will contribute over $350 billion into US economy over the next five years

Earlier this year Apple announced that it will be contributing $350 billion into the US economy over the next five years. 

The investments will concentrate on three areas: direct employment by Apple, spending and investment with Apple’s domestic suppliers and manufacturers, and the digital App Store economy.

Ony $75 billion of that total number will come from capital expenditures, new investments in manufacturing, and its repatriation tax payment. The rest of the number is due to normal growth and spending.

Apple CEO Tim Cook commented in the announcement that “We believe deeply in the power of American ingenuity, and we are focusing our investments in areas where we can have a direct impact on job creation and job preparedness. We have a deep sense of responsibility to give back to our country and the people who help make our success possible.”

Bill Gates has invested millions into these five Silicon Valley startups

Bill Gates is most famous for founding Microsoft; the world's largest software business with partner Paul Allen, but did you know the names of all the other companies he invests into behind the scenes. See our list of the top five below. 

 

Grail

A startup founded in 2016, aiming to detect cancer when it's still curable. The company believes a special type of blood screen could be the cure. Other investors include Jeff Bezoz and Google ventures. They have gathered $1.2 billion in investments to date.

EtaGen

A startup founded in 2010, develops highly-efficient power generators for companies, buildings and microgrids. Their engines use 25% less fuel than traditional powered generators. The company has raised $133 million to date.

Change.org

A company with over 150 million users in 196 countries publishes online petitions. The company has raised $83 million to date.

Varentec

A startup founded in 2002 creates products that help electric grid systems work efficiently. Varentec  claims that its devices can help utility operators reduce wasted voltage, manage peak power demands, and avoid overloading circuits. Gates has invested on multiple rounds and now the company has gathered a total of $41.9 million in venture capital.

Impossible Foods

A startup founded in 2011 which produces plant-based "meat." that aims to taste like the real thing. The similar meat flavour comes from an ingredient called heme. The ingredient also allows the meat to bleed like a regular beef burger. The burgers are now available at over 1,400 restaurants across New York, New Jersey, and Illinois. Impossible Foods has raised an estimated $387.5 million to date, with Bill Gates participating in three funding rounds that totalled $208 million from 2013 to 2017. 

If that wasn’t enough Gates has also invested in Memphis Meats, another meat-based company, growing "chicken," "duck," and "beef" from animal cells in a lab. To date the company has made lab-grown chicken strips, lab-grown meatballs, and lab-grown duck. The team expects to start offering its products to the public in 2021. In 2017, Gates was involved in a $17 million Series A funding round. He also invested in a third meat based start up called Beyond Meat in LA, in 2015. The Series E funding round totalled to $17 million.

Mastercard Launches Startup Accelerator

Photo Credit:  Karlis Dambrans

Photo Credit: Karlis Dambrans

The firm is offering seven startups the chance to join its 2016 programme; designed to introduce international opportunities and support with business strategy.. 'Start Path', created in 2014, was designed to allow Mastercard to work with startups to develop innovative solutions across a variety of sectors. “In 2014, we wanted to look beyond Mastercard and support innovation that was being developed by new and upcoming, early-stage companies,” - Stephane Wyper, Global Leader at Start Path. “We believe every start-up is unique and that there is not a one-size-fits-all approach to working together.” To apply to the programme click here

Source: http://gulfnews.com/business/sme/mastercar...

London Based Startup Gets $6m in Series A Funding

Dice, a music ticketing service that specifically targets millennials, received support from White Star Capital, Designer Fund and Kima Ventures in a series A funding round. The startup plans to use the funds to expand its service across Europe and North America. “Dice is a long­-term focused business and we’re solving hard problems around ticketing. We’re removing the barriers for real fans who are fed up of high ticket fees and limited access to primary tickets” said Phil Hutcheon, founder and CEO. Dice sources tickets directly from artists and is producing a specialised algorithm for personalised recommendations.

 

Source: http://techcitynews.com/2016/08/26/london-...

ScottishPower to Sell Energy by the Day

Photo Credit:  Kai Hendry

Photo Credit: Kai Hendry

The energy provider will offer its customers gas and electricity in bundle packages, in a format similar to how people top up their mobile phones. "We're saying to people buy it by the day, not by kilowatts or a fancy tariff you don't understand.” - Keith Anderson, Chief Executive, Scottish power. Consumers will use a dedicated app to purchase energy and consumption will be charged on personalised forecast, based on previous usage. Gas and electricity will be sold in packages ranging from one day to a month, and available up to 180 days in advance. The new tariffs will initially be available to existing customers, and if successful, to the wider market.

Source: http://www.bbc.co.uk/news/business-3738250...

South Korean Fintech Firms to File Complaint Against Apple

Photo Credit:  iPhonedigital

Photo Credit: iPhonedigital

Financial technology companies in South Korea are planning to take Apple to court over its plans to block rivals from using near field communication (NFC) for mobile devices. The complaint will be lodged with the Korean Fair Trade Commission and the fintech firms will aim to prove that Apple’s restricting of its programming interface effectively blocks rival firms from using NFC. The firms argue that this creates an unfair advantage with regards to financial services. Apple offers NFC support for its mobile devices, but requires that the feature must be used with Apple Pay, which in turn denies consumers from using NFC or mobile payments for services which do not accept Apple’s format; for example when paying for public transport. 

Source: http://www.techtimes.com/articles/177778/2...

Monsanto Accepts $66bn Takeover Offer

Photo Credit:  Jeanette E. Spaghetti

Photo Credit: Jeanette E. Spaghetti

The seeds and pesticides giant has accepted an offer from Germany’s Bayer for $128 per share. The deal will create the largest company of its kind in the world. Monsanto is known for its genetically modified seeds for crops including corn, soybeans, cotton and wheat, which have frequently been criticised by environmental activists. The size of the deal could also draw attention from anti-competition regulators, as the corporation will now control 25% of the world’s supply of seeds and pesticides. The deal follows a wave of takeovers and mergers in the agricultural sector.

Source: http://www.bbc.co.uk/news/business-3736155...

Ericsson Partners With Google and Intel for Pay TV

Photo Credit:  Helio Loureiro

Photo Credit: Helio Loureiro

The electronics and communication firm announced a partnership with Google, to allow Android TV boxes to work with its own MediaFirst platform. The integration will provide an additional pathway to extend MediaFirst cloud-based TV services, including 4K-UHD live TV channels, video-on-demand, catch-up TV and cloud DVR. Ericsson will also partner with Intel to develop Cloud based systems. Combined research centres will explore joint innovation around video processing, Cloud infrastructure and mobility.  Intel and Ericsson are already working in tandem to develop 5g technologies.

Source: http://www.theregister.co.uk/2016/09/12/er...

Samsung Shares Plummet After Galaxy Recall

Photo Credit:  Isriya Paireepairit

Photo Credit: Isriya Paireepairit

Korean electronics firm Samsung depreciated by £11 billion as its shares plummeted after recalling 2.5 million units of its mobile device. The recall came after 35 devices spontaneously caught fire due to a fault with the supplied battery. Users have been asked to deactivate their devices and exchange them for an updated version. “Some said initially the Galaxy Note 7 could be the best smartphone ever, but now it’s possible the phone will go down as the worst ever,” Saifd Lee Seung-woo, an analyst at South Korean bank IBK Securities. Samsung shares have fallen by almost 7%.

Source: https://www.theguardian.com/business/2016/...

UK Regulators Praised as Most Fintech Friendly

Photo Credit:  Michael Garnett

Photo Credit: Michael Garnett

The UK topped a recent global survey, compiled by professional services firm EY, as the most fintech-friendly. The Financial Control Authority (FCA) has been keen to burnish its credentials by supporting startups. The fintech industry was able to generate £6.6 billion in revenues and employ 61,000 people in 2015. In particular, it is the FCA’s “sandbox”  that was praised by Microsoft. The sandbox is a way for companies to test products with temporary regulator approval. “There are other regulators around the world that have more funds and resources, and other regulators with more powers. But it was really only the UK financial regulator that has built into its governance a mandate to promote innovation and competition” says Imran Gulamhuseinwala, EY’s global leader for fintech.

Source: https://www.ft.com/content/ff5b0be4-7381-1...

Jaguar Invests £100m in Castle Bromwich Factory

Photo Credit:  Jesse Nandra

Photo Credit: Jesse Nandra

Jaguar Landrover has announced the investment in order to meet demand for its popular XE saloon. The XE has previously been built along with the F Pace at the Solihull plant, but due to an increase in popularity, it will shift production of the saloon to Castle Bromwich.  The 112-acre site, already produces the XE, the new Jaguar F-Type and the XJ luxury saloon. It currently employs over 3,000 people, but there is no suggestion of a job increase with the investment.

“The significant investment to create two centres of excellence in aluminium vehicle manufacturing, utilising shared technologies, was deliberate. It gives us the flexibility to quickly respond to consumer demand for our growing range of products.” - Wolfgang Stadler, Jaguar Land Rover’s executive director of manufacturing.

Source: http://www.expressandstar.com/business/201...

Google to Buy Cloud Firm Apigee for $625m

Photo Credit:  Niharb

Photo Credit: Niharb

Google announced on Thursday that it will acquire the cloud storage firm as part of plans to expand its reach into cloud technology. San Jose-based Apigee provides software to help corporations transitioning to cloud based storage. According to Google Cloud Computing’s Diane Greene "They are a leader in this application programming interface area.” Google, Amazon, Microsoft, IBM and others are competing for a share of the fast-growing corporate cloud computing business. Apigee supports a client base of high profile businesses, Including AT&T, Burberry Group Plc, Vodafone Group Plc and the World Bank. Google’s takeover of the firm will allow them to close the gap on its competitors.

 

Source: http://www.reuters.com/article/uk-apigee-m...

Dell Acquires EMC corp in $60m Deal

Photo Credit:  Dale Moore

Photo Credit: Dale Moore

Dell confirmed on Wednesday that it has finalised the largest technology merger in history. Computer storage firm, EMC will now become Dell EMC as part of the newly renamed Dell Technologies. The acquisition now makes Dell the world’s largest privately owned technology firm, with an estimated $74 billion revenue. "We feel very well positioned both in the new areas of technology and in the existing areas of technology today,” CEO Michael Dell, Dell Technologies. It has also been reported that Dell Technologies will be cutting between 2,000 - 3,000 jobs following the takeover, however no official comment has been made at this stage.

 

 

 

Source: http://www.marketwatch.com/story/dell-fina...

Volkswagen Engineer Charged over Emissions Scandal

Photo Credit:  Ken Meisch

Photo Credit: Ken Meisch

James Liang pleaded guilty to charges of violating the clean air act and fraud. He is the first of the company’s employees to be formerly charged, as part of the US justice department’s year long probe into Volkswagen’s air pollution scandal, when it was discovered that some of the car manufacturer’s diesel engines were able to circumvent emission tests. Liang’s trial will begin in January and, if convicted, he could face up to 5 years in jail. He joined the firm in 1983, Ironically, Liang’s title was ‘Leader of Diesel Competence’. It is believed that the trial will be the first of many of its kind.

Source: http://www.bbc.co.uk/news/business-3732011...