• SkySafe Lands $3 Million to Disable Badly Behaving Drones

    Screen Shot 2016-04-19 at 12.56.31 PMSkySafe, a six-month-old, San Diego, Ca.-based company whose technology can disable drones that are flying where they shouldn’t, has raised $3 million in seed funding. Andreessen Horowitz led the round, with participation from Founder Collective, SV Angel, and BoxGroup.

    No doubt the company is serving a fast-growing need, particularly given the number of drones poised to wreak havoc on public spaces from sports arenas to airports. Consider the British Airways flight that was hit by a commercial drone as it approached Heathrow Airport on Sunday, or the World Cup skier nearly done in by a falling drone in December. The FAA estimates there will be 2.5 million drones sold in the  U.S. alone just this year.

    “We’re very excited about a future where drones are used by consumers and businesses for all sorts of purposes, but to get there, drones need to be made extremely reliable and safe,” says venture capitalist Chris Dixon, who led the deal for Andreessen Horowitz.

    Dixon suggests SkySafe can ensure that drones don’t go rogue, largely via radio waves, which it uses to override a drone’s remote and take control of the aircraft. Perhaps so. What SkySafe is building certainly sounds less menacing than some of the other options to emerge recently, including an anti-drone laser and an anti-drone rifle. Unfortunately, for competitive reasons, the six-person company isn’t willing to dive much more deeply into how its tech works, as we learned when we talked yesterday with cofounder and CEO Grant Jordan. Our chat has been edited for length.

    SkySafe has four founders. What’s your background, and how did you come together?

    I graduated from MIT, then spent four years as an officer in the Air Force Research Lab testing anti-drone tech, where I got a lot of exposure to various ways that different groups have come up with for taking down small drones. After I finished my time there, I went to grad school at USCD for computer security, and I [connected with my cofounders] for a security company consulting firm that we founded called Somerset Recon. Between that security work and [my] drone work, we saw a growing threat in the drone space.

    What types of customers will you be trying to persuade to use SkySafe?

    Pretty much the entire space of public safety. Airports, prisons, stadiums, other event venues, border protection, critical infrastructure. The number of places that have seen incidents in the past year has grown tremendously.

    Would you characterize most of those incidents as accidents or otherwise?

    In the aviation industry, at airports, those look like accidents. But in prisons, there are no accidents. Those are drones that are trying to smuggle in weapons, drugs and other contraband. I wouldn’t classify what we’ve seen in stadiums as accidents, either. [Drone operators] might not mean any harm, but they’re going out of their way to fly into an area they aren’t supposed to be, and right now, there’s nothing an event venue can do about it.

    More here.

  • Led by Thrive Capital, a Startup Raises Seed Funding to Tackle the Tedious Stuff for Freelancers

    Teaser ImageIf you’ve ever  worked as a freelancer, you know the last thing you want to do — after lining up gigs, submitting your work, and reworking your project (when that last person on the client side decides he or she wants something entirely different) —  is to handle all the administrative stuff. Think invoicing. Expenses. Other paperwork.

    That’s why a year-old, New York-startup called AND CO is creating a system that does it for you, using both software and live chat support. (Every freelancer gets a personal “chief operator” during working hours.)

    AND CO was born at Prehype, a four-year-old design and incubation boutique that produces new ideas for corporate customers. Among other companies to come from its team are the subscription business BarkBox and the office cleaning and management startup Managed by Q.

    Prehype founder Henrik Werdelin is a BarkBox founder. Managed by Q cofounder Saman Rahmanian is also a partner at PreHype. Meanwhile, Leif Abraham, a former creative director who joined Prehype in 2014 and was an early employee at BarkBox, is the cofounder and CEO of AND CO. (Abraham says his cofounder, Martin Strutz, also a longtime digital creative, was “like an entrepreneur-in-residence” at Prehype.)

    AND CO, which charges a flat $60 a month, focuses largely on freelancers with project workflow, like designers, writers, and developers.

    It’s also fairly limited in what it can do — for now.

    More here.

  • A Slick New 401(k) Platform, From TaskRabbit Cofounder Kevin Busque

    1485040In recent years, Kevin Busque began to notice something at TaskRabbit, the outsourced jobs marketplace that he co-founded seven years ago with his wife, and TaskRabbit’s CEO, Leah.

    The company employs a lot of younger employees, and according to Busque (who was long the company’s VP of Technology but also tackled HR for some time), they weren’t taking advantage of TaskRabbit’s 401(k) program.

    In fact, the participation rate was somewhere in the range of 30 to 40 percent — on par with other U.S. businesses, where 401(k) participation is around just 36 percent, Busque says.

    According to Government Accountability Office testimony from 2013, numerous reasons explain such low figures. Sometimes, the employer plans of small businesses are too expensive. Sometimes, employees worry they aren’t making enough money to contribute to retirement savings. Often, too, retirement plans are so confusing that employees – younger staffers especially — decide they’re not worth the hassle.

    Enter Guideline Technologies, Busque’s four-month-old, San Francisco-based company, which has just raised $2 million in seed funding from New Enterprise Associates, Lerer Hippeau Ventures, SV Angel, Red Swan Ventures, BoxGroup, Xfund and 500 Startups.

    Its big idea: To work with small and mid-size employers in making 401(k) plans affordable for employees — as well as dead simple to set up.

    More here.


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