Smart infant monitoring company Owlet partners with Wheel
Wheel clinicians will be able to prescribe Owlet's BabySat, which monitors oxygen and heart rate
Read more...Groupon has acquired Adku, an one-year-old start-up focusing on providing data to big retailers to make recommendations, for over $10 million.
Adku, which raised $1.5 million from investors in January of last year from Greylock Partners, True Ventures, Battery Ventures and AngelPad for a pre-money valuation of $5.25 million, has been in stealth mode ever since launching in early March 2011. The San Francisco-based start-up was a graduate of AngelPad's inaugural accelerator class in the fall of 2010.
"We started talking to Groupon about two months ago," said Carlos Whitt, co-founder of Adku, in an interview. "The idea was that they could be a potential client. But we realized there was a lot more we could do if we joined them."
Whitt would not share many details about the start-up or transaction, only to say that Adku works with major retailers and is a company that's using big data for predictions and recommendations around demographics and location for e-commmerce.
Founded by three ex-Googlers, Ajit Varma, Carlos Whitt and Jesse Shieh, Adku now has six employees - all in engineering roles. They'll all be moving over to Groupon's Palo Alto office, said Whitt.
Founder and CEO of Vator, a media and research firm for entrepreneurs and investors; Managing Director of Vator Health Fund; Co-Founder of Invent Health; Author and award-winning journalist.
All author postsWheel clinicians will be able to prescribe Owlet's BabySat, which monitors oxygen and heart rate
Read more...Amish Jani, Founder and Partner at FirstMark, joined the company's Board of Directors
Read more...The report outlined four areas as a guide to help startups to sell into these systems
Read more...Startup/Business
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Adku is a Big Data for eCommerce stealth startup founded by ex-Googlers and based in San Francisco.
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