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Cisco’s buying machine learning startup Perspica and folding team into AppDynamics

 Cisco announced today that it intends to acquire Perspica, a machine learning-driven operations analytics firm that has raised $8.5 million. Cisco intends to fold Perspica’s team into AppDynamics, the company it purchased earlier this year for $3.7 billion. Cisco did not share the Perspica purchase price. All of these machinations have a purpose. Cisco is of course at its heart a… Read More

Read more: http://feedproxy.google.com/~r/Techcrunch/~3/HbmCUhT77m4/

The canaries in a coal mine

 I’ve seen startups come and go over the years and I was particularly interested to see what happened to August Smart locks today. The company originally tapped Yves Behar to make a better smart lock, one that would meld with the sensitivities of a certain kind of smart home stylist with the high-concept, high-tech design of the Nest thermostat. The products, while beautiful, were unusable… Read More

Read more: http://feedproxy.google.com/~r/Techcrunch/~3/e6GT_6wx6CI/

Elon Musk’s Boring company readies its second poetic tunnel digger

 The Boring Company, Elon Musk’s third or fourth company (who can keep track) is nearly ready to double its tunnel digging capacity: The venture’s second boring machine is “almost ready” according to Musk, and it’ll be named ‘Line-Storm,’ borrowing its name from a poem by Robert Frost. Maybe this is what Steve Jobs really always meant when he talked… Read More

Read more: http://feedproxy.google.com/~r/Techcrunch/~3/KDGsQWjdX2I/

Feather raises 35M to rent furniture to millennials

 The furniture rental industry is stuck in the last. Current options involve old-school companies like CORT where most of the inventory will make your apartment look like a dorm room, or a place like Rent-A-Center where you’ll almost certainly pay many times what the item is actually worth. Enter Feather, a company trying to breathe some life into the aging industry by letting… Read More

Read more: http://feedproxy.google.com/~r/Techcrunch/~3/60Zmiz_aOxU/

Swedish lock giant Assa Abloy acquires August Home

 The smart home market continues to heat up, and the legacy giants to not want to get locked out: quite literally. This morning, Assa Abloy, the $23 billion Swedish lock giant that owns Yale and many other brands — announced this morning that it is buying US-based smart lock maker August Home to double down on new technology.  Terms of the deal are not being disclosed but we have asked… Read More

Read more: http://feedproxy.google.com/~r/Techcrunch/~3/J7aAhrLoqyk/



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