Category: UNCATEGORIZED

07 Oct 2020

Nobel laureate Jennifer Doudna shares her perspective on COVID-19 and CRISPR

CRISPR co-discoverer Jennifer Doudna was named a Nobel laureate in Chemistry today, sharing the honour with Emmanuelle Charpentier . We had the opportunity to speak to Doudna recently at our TechCrunch Disrupt 2020 event, and she shared her thoughts on CRISPR, and how it can be used to test and potentially treat COVID-19, as well as what it may do for our ability to address future pandemics and healthcare crises.

“It’s really interesting to think about the ability to program CRISPR to be detecting not only the the current coronavirus, but also other viruses,” she explained in the interview in September. “We were already working on a strategy to co-detect influenza and coronavirus, as you know that it’s really important to be able to do that, but also to pivot very quickly to detect new viruses that are emerging. I don’t think any of us think that, you know, viral pandemics are going away – I think this current pandemic is a call to arms, and we have to make sure that scientifically, we’re ready for the next attack by a new virus.”

Much closer to hand, CRISPR has the potential to greatly expand testing capabilities in the near-term, and to do so in ways that could change the pace, frequency and nature of testing. That could translate to very different frontline care and pandemic management, across both healthcare facilities as well as any shared workspaces.

“I think from what I’ve seen that very likely before the end of the year, we’re going to see CRISPR diagnostic tests rolling out,” she said. “Whether they’re in laboratory settings – I think that may be the first format that we see – but also something that we’re working on right now at the Innovative Genomics Institute at Berkeley and UCSF and the Gladstone is a strategy for a point-of-care CRISPR tests, where we have a small device that we envision located in different floors of buildings and institutions and dormitories, where you could do very rapid surveillance-type testing of saliva or swab samples.”

Check out the full interview with Doudna above, which also ranges into the most recent advances in CRISPR science, and where it’s heading next for everything from therapeutics, to crop modification.

07 Oct 2020

European antitrust regulators settle with Broadcom a year after ‘interim measures’ flex

A European antitrust probe of chipmaker Broadcom has been settled at an impressive clip, a little over a year after formally kicking off.

The Commission announced today it has accepted commitments from the U.S. chipmaker to suspend all existing agreements containing exclusivity or quasi-exclusivity arrangements and/or leveraging provisions concerning Systems-on-a-Chip (SoCs) for TV set-top boxes and Internet modems.

Broadcom has also committed not to enter into new agreements comprising such terms for a period of seven years. While it has 30 days to scrub any offending contract clauses and comply with the legally binding agreement.

The development comes a little over a year after EU antitrust regulators announced their formal investigation of Broadcom’s SoC business, in June 2019 — acting then on concerns that contractual restrictions risked seriously or irreparably damage competition.

It’s also just under a year since the Commission followed that up by seeking to act preemptively by applying so-called ‘interim measures’.

In October 2019 EU lawmakers ordered the chipmaker to stop applying exclusivity clauses in agreements with six of its major customers — giving the company 30 days to do so in a bid to put a halt to suspected competitive harm while regulators continued to dig into the detail.

Now the whole case is water under the bridge with the Commission accepting commitments from Broadcom and making them legally binding under EU antitrust law. (It also specifies that it’s closing proceedings with regard to “other matters” related to the opening of the formal probe — while retaining the stick of “full discretion to investigate in the future” should it deem another intervention necessary.)

Per the Commission, an initial Broadcom proposal was tested, via a market stakeholder consultation, in April 2019 — “to verify the appropriateness” — leading to an amended proposal, in July 2020, which it describes as an “improved” offer. In this final offer the chipmaker has agreed commitments that are binding across the European Economic Area, and also some that are binding worldwide (excepting China).

Here’s the substance of its commitments as the Commission has seen fit to set it out:

At European Economic Area (EEA) level, Broadcom will:

Not require or induce by means of price or non-price advantages an OEM to obtain any minimum percentage of its EEA requirements for SoCs for TV set-top boxes, xDSL modems and fibre modems from Broadcom; and

Not condition the supply of, or the granting of advantages for, SoCs for TV set-top boxes, xDSL modems and fibre modems on an OEM obtaining from Broadcom another of these products or any other product within the scope of the commitments (i.e. SoCs for cable modems, Front End Chips for set-top boxes and modems and/or Wi-Fi Chips for set-top boxes and modems).

At worldwide level (excluding China), Broadcom will:

Not require or induce an OEM by means of certain types of advantages to obtain more than 50% of its requirements for SoCs for TV set-top boxes, xDSL modems and fibre modems from Broadcom; and

Not condition the supply of, or the granting of advantages for, SoCs for TV set-top boxes, xDSL modems and fibre modems on an OEM obtaining from Broadcom more than 50% of its requirements for any other of these products, or for other products within the scope of the commitments.

“The commitments are binding vis-à-vis all device manufacturers [OEMs] and include products not covered by the interim measures decision,” the Commission notes in a press release, adding: “The commitments also include specific provisions regarding incentives to bid equipment based on Broadcom products as well as certain additional clauses with regard to service providers in the EEA.”

Commenting on the settlement in a speech, the EU’s competition chief, Margrethe Vestager, said: “The scope of these commitments goes beyond the European Economic Area. This is necessary in light of the economies of scale that are typical in the semiconductors industry: manufacturers need to produce large amounts of chipsets in order to be competitive. Broadcom’s offer makes us comfortable that existing competitors and potential new entrants will have a sufficiently large portion of the market open to them to be credible players in these markets.”

“The commitments apply to all of Broadcom’s direct customers, that is the makers of modems and set-top-boxes, and not only to the six device manufacturers whose contracts with Broadcom were analysed in the interim measures decision. They also apply to Broadcom’s indirect customers in Europe to avoid circumvention and to prevent Broadcom from entering into similar exclusivity agreements with them. This is because very often these service providers have a say on the choice of chipsets to be incorporated in the devices they buy.”

Vestager also made a point of characterizing the case as “important” — claiming it as an example of “effective competition law enforcement” in fleet-of-foot action.

“Effective competition may not always be best achieved by imposing fines after reaching a final decision on the existence of an infringement. Accepting timely and comprehensive commitments can be an equally effective way to promote fair competition to the benefit of consumers,” she argued, adding: “When the legal requirements are met, interim measures prevent irreparable harm from happening while the Commission is investigating a case. And in so doing, they also allow for commitments discussions to take place in a more efficient manner and without the risk of the market deteriorating in the meantime.”

The EU’s ‘interim measures’ flex certainly appears to have concentrated minds at Broadcom on settling with the Commission, rather than seeking to draw things out with lawyers. Although the proof of the pudding will of course be in the eating. (Or, less figuratively, in whether or not these commitments succeed in supporting vibrant competition for these specific SoCs or not.)

When Vestager dusted off the interim measures tool last year, to wield it at Broadcom, it was the first time in 18 years that Commission regulators had done so.

“Interim measures are one way to tackle the challenge of enforcing our competition rules in a fast and effective manner. This is why they are important. And especially that in fast moving markets,” she said then, adding: “Whenever necessary I’m therefore committed to making the best possible use of this important tool.”

Beyond that, the relatively alacrity of the Broadcom case looks like a sign of where the Commission wants to get to on ‘big tech’ regulation — a very hot topic these days — given EU lawmakers have has also been consulting on antitrust regulators getting a new power to proactively intervene in digital markets to prevent tipping.

At the same time, ex ante regulation of dominant ‘gatekeeper’ platforms is also on the menu of the forthcoming Digital Services Act package which will update the EU’s long standing rules for Internet business. So it seems a fair bet to expect more alacritous Internet antitrust action across the bloc in the coming years.

07 Oct 2020

Uber still sees micromobility and AVs in its future, and could push Prop 22 beyond California

Uber made headlines earlier this year when it offloaded Jump, the shared bike and scooter unit that once appeared to be a critical piece of its transportation. Despite that move, Uber still sees micromobility as “really important” to the company, according to Uber Director of Policy, Cities and Transportation Shin-pei Tsay, who joined TechCrunch on the virtual stage of TC Sessions: Mobility 2020.

“It was really hard to let go of Jump, but micromobility is a business where on the ground operations are so important,” Tsay said. “They’re vital to the success of the operations, they’re vital to the business being able to provide the service to as many people as possible. And scaling it was, is challenging for every micromobility operator. The current state of policies around micromobility is a very challenged environment. I would say where cities are really trying to get a handle on how best to manage operators and how best to manage the public right of way.”

Even though Uber offloaded JUMP to Lime, Uber is still partnering with other micromobility operators through the world. Part of that, Tsay says, means Uber can offer micromobility in more cities.

Tsay also weighed Uber’s stance on transit, autonomous vehicles and micromobility as well as its role in Propr 22, the gig workers ballot measure that is up vote in November in California.

Where Uber stands on AVs

Uber has been working on autonomous vehicles for the last five years or so. Last month, The Information published a report saying Uber is still nowhere close to achieving its AV ambitions. But Tsay said autonomous vehicles are still on the roadmap for Uber.

“I think the point here is like, there’s a transition, right?” Tsay said. “It has to be shared, it has to be electric and then we’re going to get to autonomous. And that’s still in the future of the business. But frankly, I think as a community of transportation folks, we’re still sorting out what it means to have a multimodal shared transportation system. And then what does it mean to really invest in the electrification aspect.”

Tsay pointed to how Uber recently committed to becoming a zero-emission platform by 2040. Part of that involves incentivizing drivers to transition to electric vehicles.

“So we want to increase access to transportation while we’re driving down carbon,” Tsay said. “So we felt it was really important to do that. And I think, ultimately, autonomous vehicles will have a role to play for high volume routes, for improving safety. But i think at this stage in the game, it’s like heads down, let’s focus on getting it right. Let’s focus on the cities that we have pilots in and let’s just really get it right before, you know, making additional commitments.”

Pushing Prop 22

Autonomous vehicles and Uber’s role in commercializing the tech is a distant term issue. Prop 22, which Uber is backing, could change the landscape, or more precisely protect the status quo in the near term.

Prop 22 aims to keep gig workers classified as independent contractors. The measure, if passed, would make drivers and delivery workers for said companies exempt from a new state law that classifies them as W-2 employees. If passed, app-based transportation and delivery workers would be entitled to things like minimum compensation and healthcare subsidies based on engaged driving time.

Uber, Lyft, Instacart and DoorDash have collectively contributed $184,008,361.46 to the Yes on 22 campaign. Those contributions have been monetary, non-monetary and have come in the form of loans. In September, the four companies each committed another $17.5 million to Yes on Prop 22 in monetary contributions.

As of August 24, the Yes on 22 campaign had contributed just north of $110 million, while the No on 22 campaign had put $4.6 million into its efforts. The latest influx of cash brings Yes on 22’s total contributions to more than $180 million. Of all the measures on this November’s ballot, Yes on Prop 22 has received the most contributions, according to California’s Fair Political Practices Commission.

Tsay said Prop 22 is important to Uber because of what it has found from studies and surveys. In those cited surveys, drivers said they value flexibility above anything else.

“And I think that flexibility ends up being something that’s worth protecting, but it isn’t perfect, you know,” Tsay said. “We should be supporting workers more than the existing system enables currently and so this is sort of a middle way of protecting that flexibility but also offering some benefits.”

Uber also doesn’t see a way to offer flexibility to drivers while also employing them.

“I think it’d be really challenging,” Tsay said about providing flexibility to drivers as employees. “We would have to start to ensure that there’s coverage to ensure that there’s the necessary number of drivers to meet demand. That would be this forecasting that needs to happen. We would only be able to offer a certain number of jobs to meet that demand because people will be working in set amounts of time. I think there would be quite fewer work opportunities, especially the ones that people really have said that they like.”

It’s worth noting, however, that Uber’s adamancy around keeping drivers classified as independent contractors also stems from the fact that it will be costly to reclassify drivers as employees. At one point, Uber threatened to leave California in response to a preliminary injunction that seeks to force both Uber and Lyft to reclassify their drivers as employees. In an August court hearing, Uber and Lyft maintained that an injunction would require them to restructure their businesses in such a material way that it would prevent them from being able to employ many drivers on either a full-time or part-time basis. Uber and Lyft’s argument, effectively, is that classifying drivers as employees would result in job loss.

In the event Prop 22 passes, we can likely expect Uber to pursue similar legislation in other states.

“If the principles are there then yeah, there’s a possibility of it going to other states,” Tsay said.

07 Oct 2020

Apple brings Health Records to iPhone in the UK and Canada

Apple has added support for the Health Records feature of its Health app on iPhones in two new markets – the UK and Canada. The electronic medical records feature originally debuted in the U.S. in 2018, and the company says that it’s now supported by over 500 institutions across that country. At its debut in its two new markets, it’ll be supported by three hospitals in Canada and two in the UK, but obviously the plan is to expand support to more over time.

Apple’s EHR feature was created with its commitment to user privacy in mind. In practice, that means that any information transferred between a user’s iPhone and their healthcare provider is encrypted, and the data is transmitted directly, with no intermediary sever storage. Also, Apple Health Records data on a user’s device is fully encrypted and locally stored, unlock able only via a user’s individual passcode, as well as Touch ID or Face ID for devices that support those.

Health Records on iPhone requires institutional support, but can provide a high degree of individual ownership of health data, as well as a means of making sure that data is portable and can follow a patient to integrate with a variety of care facilities and providers. Many efforts have been made to unify and standardize EHR systems in different parts of the world, but few have gained widespread support. Apple’s has the advantage of working broadly with devices that make up roughly half the mobile representation in markets where it’s available, and a user-friendly, clear and concise design.

07 Oct 2020

Envisics nabs $50M for its in-car holographic display tech at a $250M+ valuation

The jury is still out on what might become the most viable business models for augmented reality technology, but in the meantime a startup out of the UK is betting one big area will be in vehicles, in the form of holographic displays. And today it is announcing a significant round of funding from strategic investors to fill out its vision (so to speak).

Envisics, which brings together technologies like computer vision, machine learning, big data analytics and navigation to build hardware that integrates into vehicles to project holographic, head-up displays providing enhanced “dashboards” of information to drivers — with features like mapping, navigation guidance and hazard warnings — is today announcing that it has raised $50 million in a Series B round of funding.

Dr. Jamieson Christmas, the founder of the company, said in an interview that the funding is being made at a valuation of over $250 million, “significantly up” on its previous round, although Envisics, based in the town of Milton Keynes in England, has never disclosed its valuation before.

The capital is coming from a strong group of strategic investors that points to the companies that are already working with the startup. Hyundai Mobis, General Motors Ventures, SAIC Motors and Van Tuyl Companies (the family office of the Van Tuyl Group, which made a fortune in automotive dealerships and related services) all participated in the round.

Envisics is already working with car companies to integrate its technology into vehicles. Initially, it’s focusing on the higher end of the market and integrating its tech into models from Jaguar Land Rover (owned by Tata Motors), Christmas said. Mass production of vehicles using its technology is slated for 2023.

At a time when AR startups have been on somewhat shaky ground, the funding is a validation not just for Envisics, but for the wider market in which it operates.

Christmas first got into holographic displays through his first startup, Two Trees, which eventually got acquired in 2016 by Daqri, and AR glasses company that was looking for more tech to better compete with Microsoft and its HoloLens.

Christmas said that while Daqri was focused on headsets, he still saw an opportunity to work on holographic tech for automakers (indeed, when it was acquired, Two Trees already had automotive customers).

That eventually led to Christmas, two years later in 2018, spinning out Envisics (once again as a UK startup, like his previous one) to focus just on the holographic automotive opportunity.

It turned out to be a very timely move: Daqri eventually shut down in September 2019 after failing to find its footing as a business and running out of money in what was already a challenging climate for AR. It was not the only one: other casualties at that time included patent and asset sales from the Osterhout Design Group and Meta.

If Envisics managed to jump off the burning platform that was AR headset displays, it arguably went from the frying pan into the fire (excuse the mixing of a few heated metaphors): billions of dollars have been invested into the automotive sector and its hot pursuit of what it hopes will be the next generation of transportation, autonomous vehicles.

Yet if you think AR has yet to find a landing place as a business, self-driving cars are even further from their destination. Experts agree that we are many years away still from fully-autonomous vehicles capable of making decisions as reliably as humans, and some skeptics wonder if we’ll ever get there at all.

Enter technology like Envisics’. The company’s tools are not a replacement for human drivers, but they definitely enhance how a human can drive, and in the many steps that we’ll see between today and some future where cars can actually drive themselves, tech like Envisics’ will continue to play a vital and interesting role, one that you can imagine has lots of room to evolve along with the cars themselves. (For example, today it provides vital data; tomorrow it could also provide… useful diversions if you no longer have to do any driving?)

“Hyundai Mobis will jointly develop autonomous driving specialized AR HUDs with Envisics, targeting mass production by 2025,” Executive Vice President, CTO, Sung Hwan Cho said in a statement. “We will proactively present the next generation AR HUD to global automakers with increased safety and convenience to avoid distracting the driver.”

“GM is very impressed with Envisics’ holographic augmented reality-enhanced head-up display technology,” added Matt Tsien, president of GM Ventures. “This technology will help us revolutionize the in-vehicle experience with a variety of safe, highly integrated and intuitive applications, including applications that will enhance the hands-free driving experience in future EVs, like the Cadillac LYRIQ.”

“We are very excited to be part of Envisics journey to commercialize its revolutionary holographic technology and look forward to partnering with them to deploy advanced AR-HUDs in our next generation of cars for both the Chinese domestic and global markets,” said Michael Cohen, Investment Director at SAIC Capital, in his own statement.

07 Oct 2020

Bespoken Spirits raises $2.6M in seed funding to combine machine learning and accelerated whiskey aging

Bespoken Spirits, a Silicon Valley spirits company that has developed a new data-driven process to accelerate the aging of whiskey and create specific flavors, today announced that it has raised a $2.6 million seed funding round. Investors include Clos de la Tech owner T.J. Rodgers and baseball’s Derek Jeter.

The company was co-founded by former Bloom Energy, Blue Jeans and Mixpanel exec Stu Aaron and another Bloom Energy alumn, Martin Janousek, whose name can be found on a fair number of Bloom Energy patents.

Bespoken isn’t the first startup to venture in accelerated aging, a process that tries to minimize the time it takes to age these spirits, which is typically done in wooden barrels. The company argues that it’s the first to combine that with a machine learning-based approach though what it calls its ACTivation technology.

“Rather than putting the spirit in a barrel and passively waiting for nature to take its course, and just rolling the dice and seeing what happens, we instead use our proprietary ACTivation technology — with the A, C and T standing for aroma, color and taste — to instill the barrel into the spirit, and actively control the process and the chemical reactions in order to deliver premium quality tailored spirits — and to be able to do that in just days rather than decades.”

Image Credits: Bespoken Spirits

And while there is surely a lot of skepticism around this technology, especially in a business that typically prides itself on its artisanal approach, the company has won prizes at a number of competitions. The team argues that traditional barrel aging is a wasteful process, where you lose 20 percent of the product through evaporation, and one that is hard to replicate. And because of how long it takes, it also creates financial challenges for upstarts in this business — and it makes it hard to innovate

As the co-founders told me, there are three pillars to its business: selling its own brand of spirits, maturation-as-a-service for rectifiers and distillers and producing custom private label spirits for retailers, bars and restaurants. At first, the team mostly focused on the latter two — and especially its maturation-as-a-service business. Right now, Aaron noted, a lot of craft distilleries are facing financial strains and need to unlock their inventory and get their product to market sooner — and maybe at a better quality and hence higher price point — than they previously could.

There’s also the existing market of rectifiers, who, at least in the U.S., take existing products and blend them. These, too, are looking for ways to improve their processes and make it more replicable.

Interestingly, a lot of breweries, too, are now sitting on excess or expired beer because of the pandemic. “They’re realizing that rather than paying somebody to dispose of that beer and taking it back, they can actually recycle — or upcycle maybe is a better word — the beer, by distilling it into whiskey,” Aaron said. “But unfortunately, when a brewery distills beer into whiskey, it’s typically not very good whiskey. And that’s where we come in. We can take that beer bin, as a lot of people call initial distillation, and we can convert it into a premium quality whiskey.”

Image Credits: Bespoken Spirits

Bespoken is also working with a few grocery chains, for example, to create bespoke whiskeys for their house brands that match the look and flavor of existing brands or that offer completely new experiences.

The way the team does this is by collecting a lot of data throughout its process and then having a tasting panel describe the product for them. Using that data and feeding it into its systems, the company can then replicate the results — or tweak them as necessary — without having to wait for years for a barrel to mature.

“We’re collecting all this data — and some of the data that we’re collecting today, we don’t even know yet what we’re going to use it for,” Janousek said. Using its proprietary techniques, Bespoken will often create dozens of samples for a new customer and then help them whittle those down.

“I often like to describe our company as a cross between 23andme, Nespresso and Impossible Foods,” Aaron said. “We’re like 23andme, because again, we’re trying to map the customer to preference to the recipe to results. There is this big data, genome mapping kind of a thing. And we’re like Nespresso because our machine takes spirit and supply pods and produces results, although obviously we’re industrial scale and they’re not. And it’s like Impossible Foods, because it’s totally redefining an age-old antiquated model to be completely different.”

The company plans to use the new funding to accelerate its market momentum and build out its technology. Its house brand is currently available for sale in California, Wisconsin and New York.

“The company’s ability to deliver both quality and variety is what really caught my attention and made me want to invest,” said T.J. Rogers. “In a short period of time, they’ve already produced an incredible range of top-notch spirits from whiskeys to rum, brandy and tequila–all independently validated time and again in blind tastings and prestigious competitions.”

Full disclaimer: the company sent me a few samples. I’m not enough of a whiskey aficionado to review those, but I did enjoy them (responsibly).

07 Oct 2020

Slack introduces new features to ease messaging between business partners

Slack is holding its Frontiers conference this week — virtually like everyone else in 2020 — and it’s introducing some new features to make it easier to message between partners. At the same time, it’s talking about some experimental features that could appear in the platform at some point (or not).

Let’s start with some features to help communicate with partners outside of your company in a secure way. This is always a tough nut to crack whether it’s collaboration or file sharing or any of the things that trusted partners do when they are working closely together.

To help solve that, the company is creating the notion of trusted partners, and this has a few components. The first is Slack Connect DMs (direct messages), which allows users inside an organization to collaborate with anyone outside their company simply by sending an invite.

“You can now direct message anyone in the Slack ecosystem. That means that anyone that has a Slack license can connect to one another,” Ilan Frank, VP of product at Slack told TechCrunch. While the company is introducing the new capability this week, it won’t be widely available until next year as the company wants to make sure this is used for business purposes only in a secure and non-spammy way.

“We’re going to be focused on, before we make this widely available, a lot of different information privacy and security [components] to make sure that we account for things like spam and phishing attacks and all that. This should not be a LinkedIn or Facebook Messenger where anyone can connect with you. This is [going to focus on] business for business work,” Frank explained.

Slack is introducing a couple of concepts to help ensure that happens. For starters, it’s adding Verified Organizations, which works a bit like verified users on Twitter, to help ensure you are dealing with someone from an organization you trust and work with before you start exchanging information on Slack.

“So if someone connects to you through direct message or through a channel, before you even make that connection, [you can ensure] if they are [from] a verified Slack organization versus someone who has just signed up on the internet, and you have not heard them, don’t have a relationship with them and don’t know who they are,” Frank said.

The last piece is called Managed Connections, which lets Slack admins control which organizations and individuals can connect with people inside your organization on Slack in a streamlined manner, which helps ensure that the other two new features are used in a responsible way.

“Organizations have told us that they want to go even deeper into the granularity of control, and they want to have different policies by external organizations that they’re connected to,” he said. Managed Connections lets admins set policies around different types of relationships with outside organizations.

All of these new tools are being introduced this week, but will be released later this year or early next year.

Among the other things the company working on in is enabling customers to embed video or audio in a Slack channel, extending it beyond a pure text messaging tool. The company was careful to point out that these features are just experiments for now and may or may not end up in the product  in the future.

07 Oct 2020

Kong launches Kong Konnect, its cloud-native connectivity platform

At its (virtual) Kong Summit 2020, API platform Kong today announced the launch of Kong Konnect, its managed end-to-end cloud-native connectivity platform. The idea here is to give businesses a single service that allows them to manage the connectivity between their APIs and microservices and help developers and operators manage their workflows across Kong’s API Gateway, Kubernetes Ingress and King Service Mesh runtimes.

“It’s a universal control plane delivery cloud that’s consumption-based, where you can manage and orchestrate API gateway runtime, service mesh runtime, and Kubernetes Ingress controller runtime — and even Insomnia for design — all from one platform,” Kong CEO and co-founder Augusto ‘Aghi’ Marietti told me.

The new service is now in private beta and will become generally available in early 2021.

Image Credits: Kong

At the core of the platform is Kong’s new so-called ServiceHub, which provides that single pane of glass for managing a company’s services across the organization (and make them accessible across teams, too).

As Marietti noted, organizations can choose which runtime they want to use and purchase only those capabilities of the service that they currently need. The platform also includes built-in monitoring tools and supports any cloud, Kubernetes provider or on-premises environment, as long as they are Kubernetes-based.

The idea here, too, is to make all these tools accessible to developers and not just architects and operators. “I think that’s a key advantage, too,” Marietti said. “We are lowering the barrier by making a connectivity technology easier to be used by the 50 million developers — not just by the architects that were doing big grand plans at a large company.”

To do this, Konnect will be available as a self-service platform, reducing the friction of adopting the service.

Image Credits: Kong

This is also part of the company’s grander plan to go beyond its core API management services. Those services aren’t going away, but they are now part of the larger Kong platform. With its open-source Kong API Gateway, the company built the pathway to get to this point, but that’s a stable product now and it’s now clearly expanding beyond that with this cloud connectivity play that takes the company’s existing runtimes and combines them to provide a more comprehensive service.

“We have upgraded the vision of really becoming an end-to-end cloud connectivity company,” Marietti said. “Whether that’s API management or Kubernetes Ingress, […] or Kuma Service Mesh. It’s about connectivity problems. And so the company uplifted that solution to the enterprise.”

 

07 Oct 2020

Okta adds new no-code workflows that use identity to trigger sales and marketing tasks

It seems that no-code is the tech watchword of the year. It refers to the ability to create something that normally would require a developer to code, and replace it with dragging and dropping components instead, putting the task in reach of much less technical business users. Today Okta announced new no-code workflows that provide a way to use identity as a trigger to launch a customer-centric workflow.

Okta co-founder and CEO Todd McKinnon says that the company has created a series of connectors to make it easier to connect identity to a workflow that includes sales and marketing tooling. This comes on the heels of the identity lifecycle workflows, the company introduced at the Oktane customer conference in April.

“For this release we are introducing customer identity workflows which are focused on the connectors for all the customer-specific systems, things like Salesforce and Marketo and all the customer-centric [applications] that you’d want to do with your customer identities. And you can imagine over time that we’re going to expose this to more and more areas that will cover every kind of scenario a company would want to use,” McKinnon told TechCrunch.

McKinnon says that last year the company introduced Platform Services, which pulled apart the various pieces of the platform and exposed them as individual services, which bigger company customers could tap into as needed. He says that this is an extension of that idea, but instead of having to get engineering talent to write complex code to tie the Okta service into say Salesforce, you can simply drag the Salesforce connector to your workflow.

As McKinnon describes this using early adopter MLB as an example, say someone downloads the MLB app, creates a log-in and signs in. At that point, if MLB marketing personnel wanted to connect to any applications outside of Okta, it would normally require leveraging some programming help to make it happen.

But with the new workflow tools, a marketing person can set up a workflow that checks the log-in for fraud, then sends the person’s information automatically into Salesforce to create a customer record, and also triggers a welcome email in Marketo — and all of this could be done automatically triggered by the customer sign up.

Okta workflows showing what happens when a person downloads and app and creates an identiy.

Image Credits: Okta

This functionality was made possible by the $52.5 million acquisition of Azuqua last year. As COO and co-founder Frederic Kerrest wrote in a blog post at the time of the acquisition (and we quoted in the article):

“With Okta and Azuqua, IT teams will be able to use pre-built connectors and logic to create streamlined identity processes and increase operational speed. And, product teams will be able to embed this technology in their own applications alongside Okta’s core authentication and user management technology to build…integrated customer experiences.”

And that’s precisely the kind of approach the company is delivering this week. For now, it’s available as an early adopter program, but as Okta works out the kinks, you can expect them to build on this and add other enterprise workflow connectors to the mix as it expands this vision, giving the company a way to move beyond pure identity management and connect to other parts of the organization.

07 Oct 2020

Shogun raises $35M to help brands take on Amazon with faster and better sites of their own

E-commerce has boomed this year, with more businesses and shoppers than ever before turning to websites and apps as a safer, socially distanced alternative during the current global health pandemic. Today, a startup that has built a platform to help individual companies and brands design better websites is announcing a round of growth funding to help them step up to that challenge with faster and better designed interfaces.

Shogun, which lets companies build sites that sit on top of e-commerce back-ends like Shopify, Big Commerce or Magento to let them sell goods and services is today announcing that it has raised $35 million in funding after seeing its business growth 182% over the last year, with 15,000 companies — including Leesa, MVMT, Timbuk2 and Chubbies, as well as household Fortune 500 brands that it declines to name — now using Shogun’s tools, up 5,000 in the last eight months.

Finbarr Taylor, the CEO who co-founded the company with Nick Raushenbush, said that the startup plans to use the company to continue enhancing its two main products — Page Builder for bigger companies and agencies; and frontend, a headless commerce solution for smaller businesses — and to help improve its market strategy.

To date, much of the company’s growth has been organic, with a marketing team of two, and also only two sales people. “So it will be about scaling up those teams as well as our engineer and design and product teams, to deliver on the promises we made to our customers.”

The Series B is being led by Accel with participation from Initialized Capital, VMG Partners, and Y Combinator, and it also has a number of high-profile individuals in the round that speak to Shogun’s credibility in the worlds of e-commerce and web design, including Bryant Chou (CTO at Webflow), Mark Lavelle and Mark Lenhard (former CEO and SVP of Strategy at Magento, respectively), Alex O’Byrne (CEO of We Make Websites, a leading Shopify agency), Brian Grady (CEO of Gorilla Group, a leading Magento agency), and Romain Lapeyre (CEO of Gorgias).

Growth is one marker of how hot the market is for what Shogun is offering — in addition to Shogun’s own expanding list of users, it’s estimated by the company that there has been some $94 billion in extra sales online (beyond original projections, that is) since March globally — and another is the funding itself.

This the second round that the startup has raised in the short span of eight months: Shogun closed a $10 million Series A in February of this year led by Initialized (with participation also from YC and VMG).

And a third marker is the valuation. Taylor said that the company is valued in the “solid nine figures” but declined to say where in the regions of hundreds of millions of dollars that might be. For some context, the company was valued at $50 million in February, according to data from PitchBook.

Shogun’s news comes at a key moment in the world of e-commerce not just in terms of the wider macroeconomic trends, but in terms of who is making the wheels move. Amazon and other marketplaces have come to dominate how a lot of people are shopping online: after all, they offer one-stop shops for whatever you might want or need, free shipping, and a familiar interface. Similarly, social media platforms have made a play as a new kind of “store” of sorts, a place where brands already are interacting with would-be customers, and are now being given the tools to sell to them there as well.

But that doesn’t tell the whole story: brands and companies want to have their own space to present things how they want them to look, to better control the customer experience, and to make sure that they are not beholden to a third party (both physically and financially) for their online survival.

Yes, some consumers might only care about where they can get what they want for the cheapest price, but others know exactly what they want, or feel loyal to a specific company, and want to shop there without the rest of the noise, and there will always be a business opportunity in building stores for them, too.

And the predictability of the interface of a marketplace like Amazon, or a “shoppable” photo on Instagram, belies how frustratingly oblique it can also be at times. I don’t want to see 15 different Danish whisks at slightly different prices; I just want one that will arrive in one piece and not break after a month of use, leading me down a rabbit hole trying to find someone to provide a refund. Similarly, I may want to buy from a brand, but perhaps not the particular item that they’re serving me in a Story.

Shogun’s proposition to the companies it works with is to give them more choice and better speed after they have already made the decision to build their own “real estate” online using backends like Shopify’s.

The opportunity is that, even if an e-commerce business is seen as a “tech” play, that is not often its core competency.

“Merchants large and small are getting sick of maintaining their own tech stacks,” said Ethan Choi, a partner at Accel. While the platforms are getting ever more sophisticated by moving into areas like shipping and logistics alongside payments and inventory ordering and so on, they have yet to extend into web design. “Shopify only has like 15 templates,” he said. “There is no design control and you look like 1 of one million other sites.” At the same time, if you have the funds and energy to build a custom site, he added, “that is expensive and it can take a whole day to change just a piece of text.”

The speed is an issue that Shogun has identified and fixed in another way: Taylor says that with site speed being the most important aspect of converting a browser to a buyer, it’s providing the fastest page loading times to customers.

As with so many startup stories, Taylor and Raushenbush nearly stumbled on their gap in the market by accident. The pair were working at Y Combinator — Taylor, an engineer originally from Glasgow in Scotland, had been devising tools for YC to help it manage the huge inbound volume of applications it was receiving for its incubator. (Sidenote: one offshoot of that was the Startup School that the company created to better address working with startups on a more regional level: Taylor built that.)

As a side project, he and Nick had come up with a page builder based on Ruby on Rails. It wasn’t getting much traction, but a friend of Nick’s, who worked for an e-commerce agency, said that if the two could tweak it for building e-commerce pages specifically, his agency would use it and even pay them. “So we did,” he said. That eventually took off with more customers and more use, prompting them to eventually move to the other side of the organization, becoming part of a YC cohort and eventually striking out on their own.

Looking ahead, one particular focus for Shogun, Taylor said, will be to build more tools to improve mobile commerce — notable for typically accounting for 80% of all e-commerce browsing but only some 20% of sales.