Category: Funding

Smart Lock Maker Suspends Operations

By Chrissie Cluney, Contributing Editor Otto debuted their digital lock back in August. Four months later, the company suspended their operations. The company suspended production just ahead of the holidays. “You’re not in charge of your own destiny, and the margin for error is a lot smaller,” said Sam Jadallah, founder and CEO, Otto. “Building…

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MakeSpace Makes Room for New CEO

By Chrissie Cluney, Contributing Editor MakeSpace, a startup that has emerged from the recent explosion of on-demand services companies, has replaced its CEO. Co-founder Sam Rosen has stepped down. Their COO Rahul Gandhi will become CEO. The company says the departure, which has been in the works for the last month, was “completely amicable”. “The…

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New TechHub NYC Launch Brings British Fintech and Security Startups

By Chrissie Cluney, Contributing Editor With 750 startups across Europe and India, TechHub is growing its member companies through strong community focus and tailored programming. This growth is assisting startups to engage customers, investors and talent. TechHub companies have been acquired by Google, Facebook, Microsoft, Oracle and Twitter amongst others. TechHub has raised over $1…

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