Friday, May 4, 2012

Thursday, May 3, 2012

Elderly-Monitoring System BeClose Upgrades UI, Allows Caregivers To See The Big Picture

uiBeClose is a small but interesting start-up in Tysons Corner, Virginia. They make home monitoring systems for the elderly, allowing them to stay at home even when they may be fragile or lack motility. The system consists of a number of motion sensors as well as a weight pad (to see when they're sleeping) and a panic button that notifies the authorities and kin if there's something wrong. The new update to the UI creates a dashboard experience for caregivers. They can see, at a glance, sleep patterns, movement, and even weight. If something is amiss - like they're not getting out of bed after a certain time or whether they're leaving the house too little or too much - you can either call in to see what's up or go visit. Anyway, would it kill you to maybe go visit your mother? Hmm?

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Dorothy Rabinowitz: Voters Might Appreciate the Serious Romney (WSJ)

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Evernote Raises $70M At A $1B Valuation To Prep For An IPO, And The Next 100 Years

Evernote LogoIt's official. To transition from a startup into a late-stage company that aims to be around for 100 years, Evernote today confirms it's raised a $70 million Series D round of funding at a $1 billion valuation. ?Meritech Capital and CBC Capital were chosen to lead the round because they're the firms that can help Evernote prepare for an eventual IPO. Evernote doesn't need the money. It still has much of the $96 million that it's raised to date in the bank plus over one million paying customers out of its 25 million+ users. But now Evernote will have the cash to isolate itself from short-term market conditions. The Series D will also fund international expansion, including a push in China, strategic acquisitions, the development of business accounts and other features, and hiring of developers, designers, Q&A, and support. But just because it's maturing, Evernote has no plans of slowing down. I interviewed CEO Phil Libin about what the future holds for Evernote. He assured me "This funding keeps is us in the sweet spot to take risks. This is the most creative stage for the company."

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