Skip to main content

Moviepass Parent Company slumps low even after huge increase in subscribers

Moviepass, The very popular subscription based ticketing services which charges a $9.95 per month flat fee for one movie a day access has seen its parent company Helios and Matheson Analytics' stock fall to a low $0.40 a share with the entire company being valued at just over $24 million.

Moviepass has not been favored by Wall Street analysts on reports of its heavy spending while losing money to raise revenues which is really growing for the company.

Helios and Matheson Analytics can be deemed as one who wasn't prepared for the public market but the private market which tolerates temporary money loss in a road to a very profitable future with high valuations.

Moviepass has garnered many users for its service, Above 2 million in particular and Moviepass's CEO Mitch Lowe says the company is still going well despite the recent stock slump to this price of $0.40 after once trading at a huge price of over $38.






The company is currently adding 90,000 subscribers per week to its…

InfluxData Grabs $35M



InfluxData, the modern Open Source Platform built specifically for metrics, events and other time series data that empowers developers to build next-generation monitoring, analytics and IoT applications, today announced it has closed a $35 million Series C round of funding led by Sapphire Ventures, which funds category-leading growth technology companies.



 Round participants included new investor Harmony Partners, and existing investors Battery Ventures, Mayfield Fund and Trinity Ventures. The funding will propel the company’s leadership in the growing time series database category.


Today’s funding will be used to expand Sales, Marketing and R&D to meet the increasing demand and further build out of the InfluxData platform. In addition, this investment will fuel the company’s rapid acceleration internationally, where it is already seeing significant revenue and growth.


The funding brings the company’s total funding to $60 million. In addition, Anders Ranum, partner, Sapphire Ventures, will join the Board of Directors.




“Development teams are facing steep barriers in capturing and analyzing all the data available to them in making smart decisions for their business given new capabilities in machine learning, internet of things, and artificial intelligence,” said Ranum of Sapphire Ventures. “We saw a significant opportunity emerging with time series platforms, and it was clear that InfluxData is the market leader. More importantly, it is the only time series platform that was architected from the ground up to handle time series data.”


“The demand for our category-leading platform is accelerating rapidly as developers and operators come to understand the power of a purpose-built time series platform to run their next-generation IoT, monitoring and analytics applications,” said Evan Kaplan, InfluxData CEO. “This latest round of funding is an exciting opportunity for us to work with the amazing team at Sapphire Ventures to meet the needs of our expanding customer base both domestically and internationally, as well as deliver on our continued investment in building quality open source time series software for the broader development community.”


InfluxData is seeing exceptional growth fueled by two major industry trends – the rapid instrumentation or “sensorification” of the physical world driven by the increasing investment in IoT systems and the explosion in the software world of cloud native applications and services, all of which are being instrumented for real-time visibility and control. '




This “Age of Instrumentation” is fueling the growth for purpose-built time series platforms that can support the critical requirement for real-time processing of the myriad of metrics and events to deliver insight and competitive advantage to data driven organizations. To date InfluxData has more than 115,000 active sites running the platform on a regular basis and more than 400 paying customers, including Cisco Systems, Coupa Software, IBM, Nordstrom, Tesla and SAP.


“We researched the best time series platforms and chose InfluxData because it is highly performant, provided high availability, and was more cost effective than the SaaS solutions we were considering,” said Christina Abraham, VP, Global Cloud Infrastructure & Operations at SAP Ariba.


“InfluxData was easy to implement and is now the primary data store to collect metrics and events for SAP Ariba operations. InfluxData provides the basis for all the visualizations and alerting that is critical to our business.”






Comments

Popular posts from this blog

Drones can now be tested "In Virtual Reality"

image credit : Pixabay Via CC License

Researchers at the previous Massachusetts Institute of Technology have broken grounds on a system which would be ultimately used to test and train drones without the physical constraints attached using a VR system, The exact way we humans step into an immersive world when we put on a VR headset now applies to intelligent drones, These drones will learn how to avoid obstacles and collisions, Move at great speed and also maneuver through different positions all while learning like its actually doing it in the real world.

This way, even when drones unfortunately hit an obstacle using this "Flight Goggles" system, The damages are studied and taken virtually as opposed to physical damage which takes a lot of time, delaying trials and costing much more money. This method simulates the drone's sensors moving it through a virtual world as seen in the video above preventing various obstacles such as high winds and different hanging obstacles …

Top Hardware unicorns in the world right now

Unicorns (private companies valued at over $1 Billion) have grown globally over the years with over 200 in existence right now in so many tech sectors with the bulk coming from e-commerce and Fintech, Hardware has always been a very competitive space with companies getting to heavily go head-to-head with each other to grab consumer and enterprise attention, Right here, We are bringing the list of the current hardware unicorns that are making huge revenues and currently gaining very good traction, These companies all together are worth more than a whooping $70 Billion and got revenues of over $20 Billion last year alone.

They are:

Xiaomi

image credit : Xiaomi

Founded just 8 years ago by the 8 people pictured above with Lei Jun (middle) as the major player, Xiaomi which is notable for its high end smartphones coming at cheaper prices made a whooping $18 Billion in last year's revenue and currently commands a huge private valuation of $46 Billion after raising a total of $3.4 Billion a…

Your Graduation Gift Guide for this year's class

Currently and at some time soon this year, People are/will be graduating from different levels of the educational environment with this marking a very good moment of happiness for many, You know high-schoolers who hate school and could not wait to leave or PhDs who amazingly love what they do and can't wait to use their profound knowledge to go and impact the huge world out there, The same goes for all levels of education, People just belong to different categories.

If you're the one graduating, Kudos!, If its someone you know, Kudos! also, You are both very happy we deduce and would love to reward each other with amazing gifts to celebrate this milestone.

In your rewarding journey, We reward you with a guide on the gifts to buy to make yourselves happy, Get the consumerist experience and also make huge impact in your lives.

We present to you the:


During these special set of events, You would love to share and get gifts for others and yourself and The Techie has compiled the …

Magento Commerce acquired for $1.68 Billion by Adobe

image credit: Adobe

11 years after its founding, Popular e-commerce platform for open innovation has been acquired in a huge deal worth $1.68 Billion from technology focused private equity firm Permira which notably purchased a slice of Cisco's Video business earlier this month for a huge $1 Billion.

This will see Magento's  platform which provides a wide range of tools, features and add-ons for businesses to host e-commerce solutions just like its major popular competitor Shopify integrate into Adobe's Experience Cloud to provide much more better Business-to-Business and Business-to-Consumer solutions in the e-commerce space adding this major industry to Adobe's list of offerings.

Magento which currently shares customers with $100 Billion+ giant Adobe many of which include huge brands Nestle, Coca-Cola and the Time Warner Music Group will merge their digital experiences and innovations which increases Adobe's content strength, Market share and product efficiency d…

Microsoft outs new game : Miami Street!

Well....brace up, Microsoft has unveiled  new game, Microsoft gives us car racing again, This time for the Windows 10 OS, This new game is so unique for its game-play support on all Surface devices.

Miami street is built for a broad audience who love easy to pick-up-and-play experiences according to Electric Square, The Game studio which partnered with Microsoft on the making of this video game which will be gradually rolled out to users for testing and feedback gathering.

This new game can be downloaded from the Microsoft store in the countries which its available in, It features One one One racing, realistic car control physics, Dynamic wide cameras, huge selection of cars and a swath of other amazing features.




In this game, You get to enter an event, choose your car lineup and opponent and then challenge your way to victory, You get to race in beautiful city streets and enjoy the speed and high quality race in very good definition.

The game also gets regular updates which players …

Moviepass Parent Company slumps low even after huge increase in subscribers

Moviepass, The very popular subscription based ticketing services which charges a $9.95 per month flat fee for one movie a day access has seen its parent company Helios and Matheson Analytics' stock fall to a low $0.40 a share with the entire company being valued at just over $24 million.

Moviepass has not been favored by Wall Street analysts on reports of its heavy spending while losing money to raise revenues which is really growing for the company.

Helios and Matheson Analytics can be deemed as one who wasn't prepared for the public market but the private market which tolerates temporary money loss in a road to a very profitable future with high valuations.

Moviepass has garnered many users for its service, Above 2 million in particular and Moviepass's CEO Mitch Lowe says the company is still going well despite the recent stock slump to this price of $0.40 after once trading at a huge price of over $38.






The company is currently adding 90,000 subscribers per week to its…

Self-Driving cars can now make speedy decisions in lane changes thanks to new research

image credit: MIT News

MIT's Computer Science and Artificial Intelligence Laboratory Researchers have developed a new algorithm which lets self-driving cars make lane changes swiftly, accurately and easily.

The new algorithms will use less information but faster application to make self-driving cars capable of making emergency and swift lane changes to improve autonomous cars' handling of emergency situations to make them more adaptive to current road driving.

Previous algorithm solutions to this were based on complex information bombarded models that provided less time to the cars to take decisions on lane changes during speedy and unexpected situations or some were just too limited in deductions to make good decisions while on the road.

MIT aimed to change that with the goal of doing as much as possible with the least information required and effective and they have made a huge step in that through the development of this new system.



With this new algorithm, Vehicles will be…

Our dear Tim Draper sings about crypto

image credit : Flickr/ JD Lasica

Notable tech investor and venture capitalist Tim Draper recently attended The  Next Web's crypto conference in the Netherlands capital of Amsterdam and gave a very nice talk on the future and current activities of the crypto world, But the fun really started when he took to the stage to sing about Bitcoin while donning a nice looking suit and a purple tie designed with bitcoin patterns, Bloomberg profiled the dude's amazing freestyle which the audience really seemed to enjoy.

Will @TimDraper break the charts with his singing skills? ‘I’m a Bitcoin hustle’ #TNW2018pic.twitter.com/pGMRZLSSXX — Kevin | 李大仁 (@kevinvdveer) May 25, 2018


The dude really spit some cool rhymes with nice flows like "We want a newwwww world ooorderrr, We wanna pay across the border" He continues "Just wanna be a hodler.....on my bitcoin hustle".

This lines came after Draper had a fireside chat on the topic of blockhain investment with Bloomberg markets a…

Boston's Atlas Robot has the best of Abilities

Image credit : Boston Dynamics

Boston Dynamics recently released new awesome footage on one of its robots - The Atlas, The footage below shows the robot having mastered the act of running and jumping displaying its agility and intelligence.



The Atlas is described as the World's Most Dynamic Humanoid which makes use of balance and whole-body skills to achieve two-handed mobile manipulation.

This robot made by Boston Dynamics, The Softbank owned Robotics company which spun off in 1992 and was formerly owned by Google's X Research arm is capable of performing tasks in large volume with the use of its streamlined 3D printed legs which makes it a very unique robot with a huge strength ratio and making it to complete its tasks with less time and stress.

The Atlas will do various tasks every human does like lifting, carrying and manipulating the positions of different objects in both normal and rough conditions with the Robots capable of working on very rough terrains through its str…

The Autonomous technology companies winning right now

image credit : Cruise Automation

Autonomous vehicles have been a thing! - This has made driving much more better, Although not yet fully adapted, Self driving technology has grown so much over the years with so many startups gaining huge revenues, gaining huge investments and selling for huge amounts.

Cruise Automation sold to General Motors for $1 Billion, Zoox is valued at $1.55 Billion, Quanergy raised $90 million at a $1.59 Billion valuation and also on the list is its Mega competitor Velodyne which is valued at $2 Billion after raising $150 million from Ford and Baidu and is the worlds largest LiDar manufacturer as of now.

So many startups have come to this game, The list since endless, So far we have seen so many autonomous technology startups which include:


AlmotiveCruise AutomationDrive.aiNautoEmbarkOttoQuanergyStarsky RoboticsVelodyneWM MotorsZoox

And a slew of many others....

As the race to win the clear future of transportation, Big startups and companies have been pumping r…