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Box files for $250M IPO, generated $124.2M in revenue last year from 34,000 organizations

Mar24
by Sindy Cator on March 24, 2014 at 9:04 pm
Posted In: Around the Web, Insider

180781027-786x305
Box today submitted an S-1 form with the Securities and Exchange Commission (SEC), indicating its intention to become a public company. In the filing, Box revealed that its proposed maximum aggregate offering price would raise $250 million. It reported just over $124 million in revenue for the year ending on January 31, 2014 up from $58.8 million the year before. Furthermore, the company published a net loss of $168.6 million for the same 12-month period, up from a loss of $112.6 million for the year ending on January 31, 2013. Box now has 25 million users spanning 225,000 companies. Ninety-three percent…

This story continues at The Next Web

└ Tags: news, syndicated
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Meet the Nymi authentication wristband, the first wearable device I’m actually excited about

Mar24
by Sindy Cator on March 24, 2014 at 8:27 pm
Posted In: Around the Web, Gadgets

nymi
The onslaught of wearable devices is hit or miss right now. Most of the ones I’ve seen are of dubious value, but Bionym’s upcoming Nymi wristband has enormous potential to improve our lives. The Nymi works by using your unique electrocardiogram (ECG) signals to act as a biometric authentication layer for other devices, applications and services. Put another way, Nymi uses your heartbeat like a password to confirm that you are, in fact, you. According to Bionym CEO Karl Martin, ECG is significantly more reliable than face recognition and only slightly less secure than a fingerprint. When it arrives later…

This story continues at The Next Web

└ Tags: syndicated
a couple of laughzillas on a blue diamond background

Meet the Nymi authentication wristband, the first wearable device I’m actually excited about

Mar24
by Sindy Cator on March 24, 2014 at 8:27 pm
Posted In: Around the Web, Gadgets

nymi
The onslaught of wearable devices is hit or miss right now. Most of the ones I’ve seen are of dubious value, but Bionym’s upcoming Nymi wristband has enormous potential to improve our lives. The Nymi works by using your unique electrocardiogram (ECG) signals to act as a biometric authentication layer for other devices, applications and services. Put another way, Nymi uses your heartbeat like a password to confirm that you are, in fact, you. According to Bionym CEO Karl Martin, ECG is significantly more reliable than face recognition and only slightly less secure than a fingerprint. When it arrives later…

This story continues at The Next Web

└ Tags: syndicated
a couple of laughzillas on a blue diamond background

Why entrepreneurs are obsessed with failures

Mar24
by Sindy Cator on March 24, 2014 at 7:06 pm
Posted In: Analysis and Opinion, Around the Web, Entrepreneur

guy top view laptop typing
Aashish Gupta (or The Fundamentalyst) is an investment banking research associate covering European Tech sector. He loves to experiment with startup ideas and write about technology, life, society and spirituality. “The only real mistake is the one from which we learn nothing.” While most of you must be sick of the much clichéd idea of “learning from failures” – a phrase which annoys us even more in the darkest periods of our life – I believe in the opposite. There is nothing you can learn from failure; failure only peels your character layer by layer to unleash the more enlightened version…

This story continues at The Next Web

└ Tags: syndicated
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Tumblr ups the security of its blogging platform with optional two-factor authentication

Mar24
by Sindy Cator on March 24, 2014 at 6:56 pm
Posted In: Around the Web, Insider, Product Updates

Tumblr started giving its users the option to turn on SSL encryption earlier this month, but now it’s backing that up with two-factor authentication. As TechCrunch reports, It’s available today from the Settings section of Tumblr and means you can set any login attempt to require two separate keys. The first is a regular password, while the second is a unique 6-digit code sent to a mobile phone number of your choosing. Two-factor authentication is becoming increasingly commonplace on the Web, as services look to bulk up the security of user accounts. Given that two-factor authentication is optional, this is…

This story continues at The Next Web

└ Tags: syndicated
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