Category Archives: News

Screen Shot 2014-04-03 at 4.20.37 PM

Downtown launches in Palo Alto

Screen Shot 2014-04-03 at 4.20.37 PMWith today’s launch of Downtown, Palo Alto residents will be able to purchase goods from a curated list of high quality local stores. Their purchases can be delivered for free or picked up the same day.

Local shopping can be frustrating and time consuming. Avoiding the travel and the point of sale has been a primary driver of online ecommerce growth. Local retailers have suffered a decline in sales to cloud based vendors as a result. But Downtown plans to change all that.

The two decades long decline of the high street, due to too little innovation discovery and purchasing of goods is set to end.

Downtown simplifies commerce by offering customers a curated list of high quality local stores. Ordering is as simple as just 2 taps from their mobile device. They can pick their purchase up at the store, or get same day delivery for free. The chosen stores now have the ability make their top items mobile and available.

Downtown has built an app for the store to manage their inventory and an app for the consumer to discover, purchase and take delivery. Pricing can benefit from demand knowledge, extending dynamic pricing to the high street for the first time.

The Downtown team is design-driven and strongly believes in a curated shops approach to create a truly great shopping experience.

Co-founder Phillip Buckendorf said:

Most of the existing e-commerce solutions have their roots in a website driven experience. We have built a mobile-first experience that takes into account the opportunities smart mobile devices provide. We have made it available to both merchants and customers.

Today, Downtown is announcing the roll-out of its first city – Palo Alto – featuring a great mix of local stores including Alegio Chocolate and big brand retailers like Keen Garage.

Downtown’s launch is its first move in making local stores mobile, and providing consumers with the ease of shopping of Amazon, together with same day delivery of pick up – customers can now make purchases efficiently and seamlessly without physically being in the store.

Downtown also announced its seed round of funding led by Archimedes Labs – investors in Quixey, M.dot, QFactor and others. Archimedes Labs founder Keith Teare said:

We invested in Downtown before Christmas and are announcing it today. We will also participate in their current round. Downtown is not a local delivery business or a local payment platform for brick and mortar shopping, Nor is it a local version of Amazon. It is all of those and then some. Once the high street becomes shoppable from home, the small guy makes a come-back. Phillip and his team have a great vision and the ability to execute. We expect great things.

DownTown is available now in the iOS App Store.

Screen Shot 2014-01-28 at 9.56.00 AM

Chance by just.me – new version goes live.

Screen Shot 2014-01-28 at 9.56.00 AMScreen Shot 2014-01-28 at 9.56.11 AMScreen Shot 2014-01-28 at 9.56.23 AM

Chance by just.me is the first app to be produced by the new just.me (just.me 2014 Inc).

After a successful launch on 1 January the app has had tens of thousands of downloads, has a highly engaged user base with average session times above 15 minutes, and is truly global, having established users in more than 100 countries. Almost 2 million messages have been exchanged in the first 3 weeks.

Here are a few screen dumps from Google Analytics that show the initial launch statistics.

Screen Shot 2014-01-28 at 12.35.43 PM

Screen Shot 2014-01-28 at 12.36.28 PM

Screen Shot 2014-01-28 at 12.35.53 PM

Screen Shot 2014-01-28 at 9.27.52 AM

QFactor raises $6.5m Series A

TechCrunch is reportingScreen Shot 2013-10-29 at 9.20.08 AM that one of the Archimedes LAbs portfolio companies – QFactor – has raised a $6.5m round of financing from Sigma Prime Ventures and Venrock.

I first met Subhash Roy in March 2012. He was a former associate of Archimedes CEO Kambiz Hooshmand. Subhash had licensed and developed a new algorithm that on the face of it was like magic. It could enable a bad wireless connection to perform almost perfectly, thus re-invigorating unused bandwidth. We helped with product planning and positioning and are now happy investors in Subhash’s company. Congrats to the entire team.

Screen Shot 2013-10-17 at 12.12.02 PM

xTV launches Network Builder and receives funding

We are excited to be partnering with xTV as the first investor in their new funding.

xTV is a business to business platform enabling any owner of video assets to create their own branded TV Network, with an always on, 24/7 presence. The Network leverages both on-demand and live programming by integrating YouTube and other video sources, Ustream, LiveStream and other live sources, and feeds, such as a Twitter feed. The end result is a Computer, Big Screen or mobile viewing experience. A mobile device also has “second screen” capabilities.

Screen Shot 2013-10-17 at 12.09.31 PM

xTV has set up several experimental networks, including one for TechCrunch TV (which I originally set up). I have to say that the ability to watch TCTV on a big screen (say in a lobby) or at home whilst working, makes me see a lot more of the content that I otherwise would. It also screams out for more real time content from TCTV. I can’t wait for the editors to make video production a matter of reflex every time they write a story. Perhaps interviewing the person via Skype along with their written notes. A regular news show would also sit well with me.

As we move to a world of connected TV’s, set top boxes and other “Over the Top” delivery mechanisms, those who invest in video content, especially live content available on-demand too, will reap the rewards as audiences grow and distribution expands. xTv is a great set of tools to begin the work of moving into this space. It adds brand coherence to otherwise dispersed video assets, whilst improving discoverability, watchability and engagement.

Screen Shot 2013-10-17 at 12.09.53 PM

Screen Shot 2013-10-17 at 12.12.02 PM

Screen Shot 2013-10-17 at 12.11.40 PM

You can check out the experimental Networks at http://xtv-inc.com

Or tune into TechCrunch TV at http://techx.tv

Screen Shot 2013-02-14 at 10.19.30 AM

Archimedes Labs leads Weendy funding

Palo Alto, CA, 1pm, 14 February 2013

Happy Valentines Day everybody. If you are thinking of going Wind Surfing with a loved one, or perhaps Skiing, Kiting, Surfing, Snow Boarding. In fact any sport where the weather is key. Then you need Weendy. It is in the iTunes App Store and the Google Play Store.

The founders – Katerina Stroponiati and Yiannis Varelas – are Greek. Try saying “Windy” with a Greek accent and you get Weendy. A nice touch :-).

Screen Shot 2013-02-14 at 10.19.30 AM

As they say on their web site:

“Find and share the best wind, wave and snow conditions with friends and people nearby with the same interests.”

It speaks for itself. And tens of thousands of beta users agree.

Today TechCrunch and the Wall Street Journal announced that Archimedes Labs had led the seed funding of Weendy. We are excited to be in business with the Company. Lets go Weendy!

just.me beta goes live

just.me went into beta on 21st January. Archimedes Labs partner Keith Teare, the CEO at just.me did 2 interviews whilst at DLD in Europe:

The Guardian Podcast

and

An Interview with xube.tv

The beta launch coverage has been wonderful….

http://techcrunch.com/2013/01/23/741025just-me-ios-beta/

http://allthingsd.com/20130123/just-me-app-wants-tobe-a-switchboard-operator-for-all-your-messaging-needs/

http://pandodaily.com/2013/01/23/just-me-launches-in-beta-is-this-what-facebook-would-have-looked-like-if-it-were-built-for-mobile/

http://blog.evernote.com/opportunitynotes/2013/01/23/just-me-holds-these-names-to-be-self-evident/

http://thenextweb.com/apps/2013/01/25/just-me-iphone-beta-launch/

If you have iOS6 and want to try the beta, DM Keith on Twitter – @kteare

Screen Shot 2012-11-05 at 11.11.56 AM

M.dot launches and also attracts $600k in additional seed funding

Archimedes Labs was the first investor in Dominik Balough and Pavel Serbajlo’s M.dot. We are pleased to see that the founders have been busy on 2 fronts. Firstly their app has been launched in the Apple app store. It has garnered a ton of positive reviews quickly.. A great example is this one:

Very cool

by Derek Sneed
I’ve only been messing around with it for 10mins, but so far I’m extremely impressed. I’m a web developer, so I was prepared to be jaded. But I found it to be smartly designed…. quite intuitive which surprised me really. The gathering of image or textual content from my existing website is very genius…. Specifically I want to say thank you for allowing us to pick and choose content, rather than just importing all of it. Great job. Look forward to fiddling some more.

Additionally, the team has closed $600k of additional seed financing from Mike Maple’s Floodgate, SV Angel and others.

Congratulations to the team.

mdot_logo_big

M.dot joins the Archimedes Labs family.

We are pleased to announce that after a series of dates we have decided to become betrothed to M.dot (pronounced em dot). Archimedes has invested in the company. The funding closed on Friday July 6th.

Terms of the investment are not being disclosed.

M.dot’s vision is that all businesses can be Mobile accessible and discoverable. The platform allows businesses to create, maintain and promote their mobile presence, all from a smart phone app. In many ways M.dot is similar to the web creation and hosting companies that have served individuals, small and medium businesses and other groups during the web’s growth era from the mid 1990s to today. M.dot’s difference is that it is completely mobile-first without any legacy complications and is entirely focused on providing a mobile presence and mobile specific features such as location awareness and “click-to-call” functionality to these same customer segments.

“I believe everybody with a WWW.dot will want an M.dot in the next several years”,

said M.dot CEO Dominik Balogh.

“Companies will want to take advantage of Mobile specific features and so will want to do much more than simply re-represent their existing web site to a mobile user. We are committed to an aggressive roadmap that will support customer needs in delivering those Mobile specific features.”

Dominik is joined by co-founder Pavel Serbajlo. Pavel is an engineer by background, and Dominik is a designer and user interface developer. They have developed the M.dot platform following a successful partnership with their prior company PoweryBase.

Keith Teare led Archimedes Labs partnership with the founders and our investment in the company. He is a veteran of the Internets web era, responsible for major UK network and services provider EasyNet and also an early investor in NetNames (Now part of
Peer One)
. Keith said:

“The Internet is moving rapidly from the WWW phase to the M.dot phase. Small and medium businesses, and individuals too, will need to have a strong mobile presence. M.dot’s platform is second to none in giving that. We are proud to be shareholders”

Said Keith.

“the M.dot IOS app is a real breakthrough in power and simplicity. It will be in the App Store later this year.”