Augmented and virtual reality startups raised over $3.6 billion from venture capitalists and corporates in the last 12 months to the end of Q1 2018, setting a new record. Over three-quarters of a billion dollars was invested in the first three months of this year alone. A fundamental transition in the fundraising market towards AR from VR, as well as the very early-stage dynamics of mobile AR, is driving an acceleration of fundraising trends we anticipated at the start of the year. As expected in a transitional year, overall deal volumes declined slightly in the short-term as VCs and corporates look to medium-term mobile AR and long-term smartglasses growth. Augmenting the bank account Above: AR/VR investments by category The investment dollar figures for the last 12 months and first quarter are impressive, but digging beneath the surface reveals what is really going on. As has become more expected in early-stage tech markets, mega-rounds take the lion’s share of dollars … [Read more...] about AR/VR market transition begins as startups raise record $3.6 billion
"Controller is ready, airspace is clear, slight headwind," a loudspeaker announces. "Launching Zipline 140 in 3, 2, 1..." And then an airplane-like styrofoam drone with a 10-foot wingspan catapults into the air above a quiet ranch in Yolo County, California.Startup Zipline is putting its second generation of drones through their paces at its test site in the foothills west of California's Central Valley, a two-hour drive from Silicon Valley if you get really lucky with traffic. The company has showed some of its technology before, but now it's revealing its faster new drone models -- they travel up to 80 mph, up from 68 mph -- along with an upgraded delivery system that can handle 500 flights a day and a first look at how they snatch each drone out of the air when its journey is complete.Amazon, Google, Walmart and others are experimenting with delivery drones, but Zipline is in business with them already today delivering blood from a drone-launch base to hospitals in Rwanda. It's … [Read more...] about This startup’s medicine delivery drones now go farther and faster, and they might come to the US
Earlier this month, I detailed how the EU is currently losing its best and brightest in a startup brain drain to the U.S. As I explained, EU startups are finding it necessary to look to U.S.-based venture funds for investments but often have to “flip” into subsidiaries of U.S.-based parent companies as a condition of the deal, resulting in a mass migration of EU innovators to the U.S. Europe faces the real danger of blowing its startup moment. But if the EU acts quickly, it can counter that threat by engaging with U.S.-based venture funds that are open and willing to invest in foreign startups without requiring them to flip. What I didn’t detail in that earlier story is that the UK is proving to be an exception to the brain drain trend. Last year the UK’s tech sector hit an all-time high of VC investment, attracting almost double ($4.2 billion) the total amount of venture capital invested in UK firms in 2016 ($2.3 billion). The lion’s share of that … [Read more...] about Why London startups are immune to the EU brain drain to the U.S.
When Brad Ferguson left his home state of Utah to pursue a PhD in statistics at North Carolina State University in 2011, he figured he wouldn’t return. Not because he didn’t want to live in the state — but as a statistician, he didn’t think there were as many career opportunities in Utah as there were in places like Boston, Silicon Valley, and the North Carolina Research Triangle. At 31, Ferguson is back in Utah, working as a data scientist for Domo, a seven-year-old analytics company valued at $2.3 billion as of its last funding round. The reason he finally decided to move back home? “If Domo didn’t work out for whatever reason, [I felt] I could find another job really quickly and easily, with all these new businesses coming up,” Ferguson told VentureBeat. Utah serves as an example to other aspiring tech hubs of what a healthy “talent pipeline” truly looks like. This is an increasingly important piece of the ecosystem puzzle as … [Read more...] about How Utah’s startups are attracting tech talent from other states
A Linux Foundation Certified Engineer (LFCE) is prepared to install, configure, manage, and troubleshoot network services in Linux systems, and is responsible for the design and implementation of system architecture. Linux Foundation Certified Engineer – Part 1 Introducing The Linux Foundation Certification Program. In this 12-article series, titled Preparation for the LFCE (Linux Foundation Certified Engineer) exam, we will cover the required domains and competencies in Ubuntu, CentOS, and openSUSE: Part 1: Installing Network Services and Configuring Automatic Startup at Boot Part 2: Setting Up Standard Linux File Systems and Configuring NFSv4 Server Part 3: How to Setup Encrypted Filesystems and Swap Space Using ‘Cryptsetup’ Tool Part 4: Setup Standalone Apache Server with Name-Based Virtual Hosting with SSL Part 5: Configuring Squid Proxy Server with Restricted Access and Setting Up Clients to Use Proxy Part 6: Configuring SquidGuard, Enabling Content Rules and … [Read more...] about LFCE: Installing Network Services and Configuring Automatic Startup at Boot – Part 1