The average angel is 47 years old, makes $90,000 a year, invests in one out of every 10 deals he sees, shovels $37,000 into each deal, and lives in California. The halo and the wings? Those are just for show. And since 2002, the amount invested by angels has increased by 84%. To read and see the infographic, [...]
‘Big data’, one of the most overhyped and poorly understood terms since the phrase ‘cloud computing’, is dead. The phrase has lost all meaning from hype and overuse. That said, there are 6 up-and-coming industries within data that John De Goes, CEO of Precog, believes everyone should know. To read more about the death of ‘Big [...]
Google has patched a flaw that allowed attackers to circumvent the web giant’s two-factor login system and hijack victims’ accounts. Researchers at Duo Security said anyone could bypass a Google account’s two-step verification system, reset its master password and gain full control of the profile simply by capturing one of the user’s application-specific passwords. To [...]
During 2012, the Dow Jones Industrial Average gained roughly 890 points, or 7.26%. Duo Security, on the other hand, saw record growth in its revenue–increasing by 400% during 2012 alone. This is, in part, due to Duo’s mission to “democratize” two-factor authentication by bringing the technology to non-traditional buyers. To read more about Duo’s growth, [...]
Duo Security recently announced the launch of a mobile app that utilizes security measures present in newer Android devices as a tamper-proof credential in two-step authentication. The result: a higher level of mobile security for critical apps (such as online wallets) that leverages pre-existing hardware infrastructure. To read more about Duo’s latest launch, click here.
Although home of the TechStars program, Boulder, Colorado is one of the more underrated entrepreneurial communities within the U.S. Among Boulder’s brightest up-and-coming startups is Precog, Resonant’s portfolio company that aims to simplify big data, which was recently featured among Boulder’s 10 most exciting startups. To read more about Precog and its fellow Boulderites, click here.
After 2.5 years of being co-located with EDF Ventures on Main Street, Resonant has moved a couple of blocks northeast into the former Bay Design Store building. The building, which used to be a Mercedes-Benz dealership, is also headquarters to several other tech companies, including Olark, Saagara, Synthetic Biologics and Resonant portfolio company – Duo [...]
Resonant is happy to announce that it was selected by the Michigan Economic Development Corp to receive $2.25mm from the Pure Michigan Venture Development Fund. Congratulations to the other fund, Ann Arbor neighbor Michigan eLabs, who also received this honor. To read more about this exciting development, click here.
Analyzing massive amounts of data to find patterns is what makes the best websites – from Amazon to Netflix – work as well as they do. “My vision for the future is it’s not just the Netflixes and Amazons of the world that are capable of using intelligent data,” says Precog CEO John De Goes. [...]