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Alchemist is the Valley’s premiere enterprise accelerator and every season they feature a group of promising startups. They are also trying something new this year: they’re putting a reserve button next to each company, allowing angels to express their interest in investing immediately. It’s a clever addition to the demo day model.
You can watch the live stream at 3pm PST here.
Videoflow – Videoflow allows broadcasters to personalize live TV. The founding team is a duo of brothers — one from the creative side of TV as a designer, the other a computer scientist. Their SaaS product delivers personalized and targeted content on top of live video streams to viewers. Completely bootstrapped to date, they’ve landed NBC, ABC, and CBS Sports as paying customers and appear to be growing fast, having booked over $300k in revenue this year.
Redbird Health Tech – Redbird is a lab-in-a-box for convenient health monitoring in emerging market pharmacies, starting with Africa. Africa has the fastest growing middle class in the world — but also the fastest growing rate of diabetes (double North America’s). Redbird supplies local pharmacies with software and rapid tests to transform them into health monitoring points – for anything from blood sugar to malaria to cholesterol. The founding team includes a Princeton Chemical Engineer, 2 Peace Corps alums, and a Pharmacist from Ghana’s top engineering school. They have 20 customers, and are growing 36% week over week.
Shuttle – Shuttle is getting a head start on the future of space travel by building a commercial spaceflight booking platform. Space tourism may be coming sooner than you think. Shuttle wants to democratize access to the heavens above. Founded by a Stanford Computer Science alum active in Stanford’s Student Space Society, Shuttle has partnerships with the leading spaceflight operators, including Virgin Galactic, Space Adventures, and Zero-G. Tickets to space today will set you back a cool $250K, but Shuttle believes that prices will drop exponentially as reusable rockets and landing pads become pervasive. They have $1.6m in reservations and growing.
Birdnest – Threading the needle between communal and private, Birdnest is the Goldilocks of office space for startups. Communal coworking spaces are accessible but have too many distractions. Traditional office spaces are private but inflexible on their terms. Birdnest brings the best of each without the drawbacks: finding, leasing, and operating a network of underutilized spaces inside of private offices. The cofounders, a duo of Duke and Kellogg MBA grads, are at $300K ARR with a fast-growing 50+ client waitlist.
Tag.bio – Tag.bio wants to make data science actionable in healthtech. The founding team is comprised of a former Ayasdi bioinformatician and a former Honda Racing engineer with a Stanford MBA. They’ve developed a next-generation data science platform that makes it easy and fast to build data apps for end users, or as they say, “WordPress for data science.” The result they claim is lightning-fast analysis apps that can be run by end users, dramatically accelerating insight discovery. They count the UCSF Medical Center and a “large Swiss pharma company” as early customers.
nCorium – They’ve built a new server architecture to handle the onslaught of AI to come with what they claim is the world’s first AI accelerator on memory to deliver 30x greater performance than the status quo. The quad founding team is intimidatingly technical — including a UCSD Professor, and former engineers from Qualcomm and Intel with 40 patents among them. They have $300K in pilots.
Spiio – Software eats landscaping with Spiio, which combines cloud-driven AI with physical sensors to monitor watering and landscaping for big companies. Their smart system knows when to water and when not to. This reduces water consumption by 50%, which means their system pays for itself in less than 30 days for big companies. They want to connect every plant to the internet, and look like they are off to a good start — $100K in orders from brand name Valley tech firms, and they are doubling monthly.
Element42 – Fraud is a major problem — For example, if you buy a Rolex on eBay, you run the risk of winding up with a counterfeit. Started by ex-VPs from Citibank, the founders are using risk models and technologies that banks use to help brands combat fraud and counterfeiting. Designed with token economics, they also incentivize customers to buy genuine products by serving exclusive content and promotions only to genuine product holders. Built on blockchain at the core, they claim to be the world’s first peer-to-peer authentication platform for physical assets. They have 45 customers across two industry verticals, 800K in ARR and are a member of World Economic Forum’s global initiatives against corruption.
My90 – Distrust between the public and the police has rarely been more strained than it is today. My90 wants to solve that by collecting data about interactions between the police and the public—think traffic stops, service calls, etc.—and turn these into actionable intelligence via an online analytics dashboard. Users text My90 anonymously about their interactions, and My90’s dashboard analyzes the results using natural language processing. Customers include major city police departments like the San Jose Police Department and the world’s largest community policing program. They have booked $150K in pilots and are expanding aggressively across the US.
Nunetz – A Stanford Computer Science grad and UCSF Neurosurgeon have come together to try to build a single unifying interface to replace the deluge of monitors and data sources in today’s clinical health environment. The goal is to prepare a daily “battle map” for physicians, nurses, and other providers, with an initial focus on the Intensive Care Unit (ICU). They have closed 3 paid pilots with hospitals through grants.
When Labs – If you hate managing people, When Labs wants to unburden you. Using an AI-powered assistant that texts with employees to negotiate assignments for hourly work, WhenLabs is trying to free customers like Hilton from spending money on managers who would normally do this manually. As the system gets smarter, they claim employees will prefer interfacing with their AI bot more than a human. AI and HR is a crowded space, but this might be the team to separate from the pack: the founding team’s previous company had a 9 figure exit to IBM.
FirstCut – FirstCut helps businesses put video content out at scale. Video dominates social media — it creates 10x more comments than text — and is emerging as a necessity for B2B media. But putting video out if you are a B2B marketer normally requires using agencies that charge hefty fees. FirstCut wants to disrupt the agencies with software and marketplaces. They use software automation and an on-demand talent marketplace to offer a fixed price product for video content. They are at $180k revenue, and most of it is moving to recurring subscriptions.
LynxCare – LynxCare claims that 90% of healthcare data goes untapped when doctors make critical decisions about your life. Further, they claim the average person’s life could be extended by 4 years if that data can be converted into insights. Their team of clinicians and data scientists aims to do just that — building a data platform that aggregates disparate data sets and drive insight for better clinical outcomes. And it looks like their platform has fans: they are active in 9 hospitals, count Pharma companies like Pfizer as Partners, and grew 4x over the past year and now are at $800K ARR.
ADIAN – Adian is a B2B SaaS product that digitizes the complex agrochemical supply chain in order to improve the sales process between manufacturers and distributors. The company claims manufacturers reduce costs by 20% and increase sales by 4% by using their online framework. $1.5 Billion and 70,000 orders have gone through the platform to date.
Hardin Scientific – Hardin is building IoT-enabled, Smart Lab Equipment. The hardware becomes a gateway to become the hub for monitoring, controlling, and sharing scientific data across teams. They’ve closed over $1.5m in revenue, and raised $15m in equity and debt financing. One of their smart devices is being used to 3D print bio-tissues and human organs in space.
ZaiNar – This team of 5 Stanford grads — 3 PhD’s and 2 MBAs — joined up with the Co-Founder of BlueKai to build the world’s best time synchronization technology. ZaiNar claims their ability to wirelessly synchronize and distribute time between networked devices is a thousand times better than existing technologies. This enables them to locate RF-emitting devices (i.e. phones, cars, drones, & RFID) at long distances with sub-meter accuracy. Beyond location, this technology has applications across data transmission, 5G communications, and energy grids. ZaiNar has raised a $1.7 million seed from AME Cloud and Softbank, and has built an extensive patent portfolio.
SMART Brain Aging – This startup claims to reduce the onset of dementia by 2.25 years with software. They are the only company approved by Medicare to get reimbursed on a preventative basis for the treatment of dementia. In conjunction with Harvard University, they have developed 20,000 exercises that are clinically proven to reduce the onset of dementia and, they claim, help build neurotransmitters. The company works with 300 patients per week ($2.2 million annual revenue) and is building to a goal of helping 22,000 people in 24 months.
Phoneic – Phoneic believes the data trapped in voice calls from cellphones is a gold mine waiting to be unleashed. Their app records and transcribes cell phones conversations, and the company has built an integration layer to enterprise AI and CRM systems that traditionally didn’t have access to voice data. The team is led by the co-founder of 3jam, one of the first group SMS and virtual number companies, which was acquired by Skype in 2011. He is keenly aware of the power of virality — and like Skype, the use of Phoneic spreads its adoption. The company has already raised $800,000 in seed funding.
Arkose Labs – Whether or not you think Russia interfered with the 2016 election, it’s no secret that bots are having significant impact on society. Arkose Labs wants to fight fraud, without adding friction to legit users. Most fraud prevention platforms today focus on gathering info from the user and providing a probability score that the traffic is good or bad. This leaves companies with a difficult decision where they may be blocking revenue generating users. Arkose has a different approach, and uses a bilateral approach that doesn’t force this tradeoff. They claim to be the only solution to offer a 100% SLA on fraud prevention. Big companies like Singapore Airlines and Electronic Arts are customers. USVP led a $6 million investment into the company.
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As the messaging app Telegram continues to try to evade Russian authorities by switching up its IP addresses, Russia’s regulator Roskomnadzor (RKN) has continued its game of whack-a-mole to try to lock it down by knocking out complete swathes of IP address. The resulting chase how now ballooned to nearly 19 million IP addresses at the time of writing, as tracked by unofficial RKN observer RKNSHOWTIME (updated on a Telegram channel with stats accessible on the web via Phil Kulin’s site).
As a result, there have been a number of high-profile services also knocked oput in the crossfire, with people in Russia reporting dozens of sites affected including Twitch, Slack, Soundcloud, Viber, Spotify, Fifa, Nintendo, as well as Amazon and Google. (A full list of nearly forty addresses is listed below.)
What’s notable is that Google and Amazon themselves seem still not to be buckling under pressure. As we reported earlier this week, a similar — but far smaller — instance happened in the case of Zello, which had also devised a technique to hop around IP addresses when its own IP addresses were shut down by Russian regulators.
Zello’s circumventing lasted for nearly a year, until it seemed the regulator started to use a more blanket approach of blocking entire subnets — a move that ultimately led to Google and Amazon asking Zello to cease its activities.
After that, Zello’s main access point for its Russian users was via VPN proxies — one of the key ways that users in one country can effectively appear as if they are in another, allowing them to circumvent geoblocking and geofencing, either by the companies themselves, or those that have been banned by a state.
It’s important to note that the domain fronting that Google is in the process of shutting down is not the same as IP hopping — although, more generally, it will mean that there is now one less route for those globally whose traffic is getting blocked through censorship to wiggle around that. The IP hopping that has led to 19 million addresses getting blocked in Russia is another kind of circumvention. (I’m pointing this out because several people I’ve spoken to assumed they were the same.)
Pavel Durov, Telegram’s founder and CEO, has made several public calls on Telegram and also third-party sites like Twitter to praise how steadfast the big internet companies have been. And others like the ACLU have also waded into the story to call on Amazon, Apple, Google and Microsoft to hold strong and continue to allow Telegram to IP hop.
But what could happen next?
I’ve contacted Google, Amazon and Telegram now several times to ask this question and for more details on what is going on. As of yet I’ve had no replies. However, Alexey Gavrilov, the CTO and founder of Zello, provided a little more potential insight:
He said that ultimately they might ask Telegram to stop — something that might become increasingly hard not to do as more services get affected — and if that doesn’t work they can suspend Telegram’s account.
“Each cloud provider has provisions, which let them do it if your use interferes with other customers using their service,” Gavrilov notes. “The interpretation of this rule may be not trivial in case when the harm is caused by third party (i.e RKN in this case) so I think there are some legal risks for Amazon / Google. Plus that would likely cause a PR issue for them.”
Another question is whether there are bigger fish to fry in this story. Some have floated the idea that just as Zello preceded Telegram, RKN’s battles with the latter might lead to how it negotiates with Facebook.
As we have reported before, Facebook notably has never moved to house Russian Facebook data in Russia. Local hosting has been one of the key requirements that the regulator has enforced against a number of other companies as part of its “data protection” rules, and over the last couple of years while some high-profile companies have run afoul of the these regulations, others (including Apple and Google) have reportedly complied.
Regardless, there’s been one ironic silver lining in this story. Since RKN shifted its focus to waging a war on Telegram, Gavrilov tells me that Zello service has been restored in Russia. Here’s to weathering the storm.
Bill Moore, Zello’s CEO, believes that there is a fight to keep fighting here. “We are small,” he said. “Technology leaders like Amazon, Google, Apple and Facebook can cooperate with each other to avoid becoming a tool governments use to control speech. We hope Amazon and Google stay firm even if the short term cost is real.”
We’ll update this post as and when we get responses from the big players. A more complete list of sites that people have reported as affected by the 19 million address block is below, via Telegram channel Нецифровая экономика (“Non-digital economy”). Some of these have been disputed, so take this with a grain of salt:
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A taxi-hailing app. A transplant device developer. An online mortgage provider. Those businesses may have little in common, but one shared thread is that U.S. startups in these sectors have all secured large funding rounds led by Russia-based investors. They’re not alone. Over the past seven years, Russia-based e investors have participated in more than 300 funding rounds for… Read More
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Google has reached a settlement with Russia’s Federal Antimonopoly Service (FAS) agency in the antitrust case the Russian search rival Yandex had originally filed, claiming Google had violated local competition rules. The case revolved around how Google had required handset makers to pre-load their devices with Google apps and services in order to also gain access the Google Play… Read More
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The future for one of the few remaining alternative mobile OS platforms, Jolla’s Sailfish OS, looks to be taking clearer shape. Today the Finnish company which develops and maintains the core code, with the aim of licensing it to others, announced Sailfish has achieved domestic certification in Russia for government and corporate use. Read More
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Google has had another appeal against Android antitrust charges turned down by a Russian court. At issue is how the company requires handset makers using its Android OS to also pre-load Google apps and services onto devices in order to get access to the Play app store. Read More
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Amid reports that Russia will be one of the first countries to get access to the new music service that Apple is reportedly launching next week, Russian search giant Yandex is enhancing its own. Today it announced Yandex.Radio, an ad-supported streaming music service that provides around 100 ready-made “stations” to users organised around moods and themes, initially available… Read More
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This past weekend, Crimea made tech news when it emerged that Apple and Valve had sent out notices to developers in the region informing them their accounts would be cut off, in line with U.S. sanctions against the region. Now Apple has extended that further, ordering retailers to halt all shipments and sales of products like the iPhone and Mac computers and services in the region… Read More
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Tensions between Russia and the U.S. over Crimea are spilling into the world of tech: developers are reporting that Apple is sending out notices of termination to people whose accounts are registered in Crimea, citing sanctions that the U.S. has ordered against the region as a response to Russia annexing it earlier in 2014. This means the developers cannot create nor publish apps… Read More
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