How Cloud Startups Are Changing The Face Of Innovation


Editor’s note:Pete Sonsini is a general partner at New Enterprise Associates.

After more than a decade of hype and billions of dollars of value creation, it would be reasonable to expect investors to start losing interest in cloud-related startups. In the venture business, me-too investors reap ever-diminishing returns compared to early entrants in a new sector. And while the sweeping transformation that began with the migration of non-critical applications from the data center to the cloud has proven massive indeed, it’s certainly no longer early days.

Indeed, even the second wave of cloud opportunity — essentially reinventing the infrastructure underlying cloud applications to meet the growing demands for performance and scalability in an increasingly mobile, app-centric world — has begun to level off in terms of new opportunity. The enabling technologies that were hand-sewn by cloud pioneers like Google or Facebook are becoming more and more commercially available…

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A Paralyzed Teen Will Kick The First World Cup Ball Thanks To A Robotic Exoskeleton


The 2014 World Cup begins next month in Brazil and will feature something truly amazing: the plan is for a paralyzed, non-ambulatory Brazilian teenager to stand up and kick the first ball of the first game using a motorized exoskeleton and special 3D-printed helmet.

Created by an international team of designers and engineers, the video shows Colorado State University’s design for the custom trode helmet that will keep the leads in place and protect the kicker’s head.

First announced in January, the exoskeleton is finally coming together and should be ready for the kick-off. Called the Walk Again Project at Duke University, the kick will be one of the first massively public demonstrations of a human controlling a robot with neural signals.

The Walk Again Project is a nonprofit, international collaboration among the Duke University Center for Neuroengineering, the Technical University of Munich, the Swiss Federal Institute of Technology in…

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Moving Tech’s Moral Compass From The Inside Is Harder Than It Looks


Whether or not it actually lives up to its ideals, the tech industry has a long history of trying to hold itself to a higher standard in its rhetoric. (This literally goes back like 50 years or more.)

But as founding a company has become de-risked over the last 10 years and many growth-stage companies begin to veer into highly regulated areas like education and transportation, this messaging can miss the mark.

A classic example of this mismatch came up a few weeks ago when Asana co-founder Justin Rosenstein gave a speech at TechCrunch Disrupt in New York based off an essay he published two years ago called “Do Great Things.” In it, he urged other engineers, product managers and founders in the industry to devote their talents and limited time to meaningful work instead of products that quickly and solely produce revenue or exits.

On stage, he repeated…

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EverPurse Raises Seed Round For A Different Kind Of Wearable


Two years after we first wrote about them , the fashion technology company Everpurse is back in the proverbial saddle with a new product and big plans for the future of a different kind of wearable.

The Chicago-based company, which was launched by the dynamic husband and wife duo Liz and Dan Salcedo, has returned with a clutch wallet that doubles as an smartphone holder and charger and a fresh seed round of just under $1 million from SOS Ventures, angel investors, and friends and family to develop its next generations of wearable fashion technology.

In the time since they launched the first product, the two spent time in the Shenzhen, China-based hardware accelerator program HAXLR8R, developing their manufacturing connections to compliment the fashion network the two have been building in the U.S. and Europe.

“They have a whole roadmap of different things that they’re going to do over…

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