Twilio Acquires Authy

 

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Portfolio company Authy, announced today they will be joining Twilio.

This is great news for not only the investors and the Authy team, but also for all the other startups building global products from Latin America. Authy headquartered in San Francisco, has product development operations in Bogota, Colombia

Twilio today announced that it has acquired Authy, a Y Combinator-backed startup that offers two-factor authentication services to end users, developers and enterprises. The two companies declined to disclose the financial details of the transaction.” Read the full story on TechCrunch

Authy, la startup del colombiano Daniel Palacio que también pasó por Y Combinator, anunció que ya es parte de la familia de Twilio, la plataforma de comunicaciones en la nube que compañías como Uber y Airbnb utilizan para conectar a las personas que utilizan las aplicaciones.” Lee la noticia en PulsoSocial

Argentinian-led, Bluesmart, raises a total of 2M adding Y-Combinator as one of it’s investors.

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Bluesmart, the first world smart carry-on that can locate, lock and weigh your belongings from an app on your smartphone, has announced their total raise via both crowdfunding and angel investors to be 2M, adding Y-Combinator as a backer.

Co-founded by Argentinian team Diego Saez Gil Tomi Pierucci, Alejo Verlini, Martin Diz as well as Brian Chen, they have had a meteoric rise, first beating their indiegogo goal within 2 hours, to beat their original goal by 3,860 % in only a couple of months.

Imagine a world where you never lose your luggage,” says CEO of Bluesmart, Diego Saez-Gil. He motions to a compact carry-on suitcase sitting beside us and tells me he can track this piece of luggage anywhere.

It operates on a detachable, Bluetooth-enabled motherboard with a built-in GPS. Weight sensors embedded within the handle let you know if your suitcase meets international travel guidelines. There’s even a built-in, 37-watt lithium-ion battery and a USB plug so you can power your smartphone up to six times while on the go.

The app tracks which airports the case has been to, how many miles traveled and how much time was spent in each country.

The Bluesmart suitcase fits international carry-on size standards and will automatically lock if you walk away from it. But, should the battery lose power, it comes with a TSA-approved master key that will help you (or airport security) get inside. It also comes with an easy-to-access laptop compartment so you can pull out your computer right before the security line.

Full story on TechCrunch

 

This is what 2014 looked like for our startups

2014 was our second year of full-time seed investing in global startups from across the Americas. We’ve been fortunate to join our portfolio companies for some extraordinary early successes from inception to launch and the never-boring scaling process.

As many pieces of exciting news for our companies are still confidential, we’ve selected a small sample of what we can share based on the top media stories of what our founders have accomplished in 2014, and look forward to sharing additional news with you as it becomes public.

Although we will only send this update once a quarter, you can still connect with our founders, discuss funding for your startup or just keep in touch by getting in touch ventures a-t socialatomgroup.com

Transactions

Bluesmart, creators of a smart carry-on lets you track bag’s location and charge other devices (Mashable), not only exceeded their crowdfunding campaign of USD $50k in 2 hours, it also quickly crossed the USD 1M mark (TechCrunch) to end up with a total raised of USD $1.8M at the end of their campaign (Indiegogo)

Y Combinator-Backed Streem Raised $875K For Its Unlimited Cloud Storage Service (TechCrunch) in April and in June it was announced that Box Acquired it (TechCrunch).

Authy, a San Francisco and Bogota based startup, announced in September their USD $3M round to End Nude-Photo Theft, Other Fraudulent Hacks (Wallstreet Journal).

AllTheRooms, an NYC and Medellin based startup which lets you look at all available rooms at your destination(Techcrunch), announced their USD $1.1M seed round (Travolutions) in May.

Oja.la, Latin America’s largest online tech school with 200,000 students; announced a USD $500k seed round of financing (AmericaEconomia) in February.

Product Launches

From San Francisco to the world, YC-Backed Cambly announced the launch of their product which offers on-demand access to language tutors on iPad, iPhone, and desktop. (TechCrunch)

From Argentina with presence in Austin and San Francisco, Gone! announced the launch of their app which helps you sell your belongings without a yard sale(VentureBeat)

Based out of San Francisco and Chile, former Clandescuento (Groupon Latin America) founders, launched Seahorse, an app that lets you collaborate with friends to build lasting photo and video albums, shared privately (Techcrunch)

Helping travelers in Latin America find flights with local carriers, Medellin basedViajala becomes the first metasearch engine for flights and hotels in the region. (ElTiempo)

Awards

With over 3 million downloads, Colombian-based startup Typic, a mobile photo editing app –  was featured among Apple’s Best Apps of 2014, the only Latin American based app to do so.

Hailing from Guadalajara, Mexico; Ustraap was a Winner of  Boston’s MassChallenge with it’s bracelet that helps the blind better understand their surroundings. (FastCompany)

Bankity, a startup that helps consumers in Latin America automatically track their expenses (Enter.co), was a winner of BBVA’s open innovation challenge (ElTiempo).

Job Openings

Gone, the app that makes it easier to get rid of all those items you no longer use, is looking for an Associate Community Marketer, a City Mgr (San Francisco), a City Mgr (Austin), a Big Data Wizard, and a Director of Biz Dev.

Bluesmart, the world’s first smart, connected carry-on, is looking for a Full-stack Software Dev, a Product Mgr, a Data Scientist and more.

Authy, the strong authentication platform for business and developers, is looking to hire a Sales Rep, Sales Exec, Tech Sales Leader, Marketing Exec (all in San Francisco), an Office Mgr, a Product Engr, an iOS Dev, a Backend Engr and anInfrastructure Engr (all in Bogotá), and an iOS Dev (remote-OK).

LocalBushel, the platform connecting farms with restaurants to make local sourcing more effective, is looking for Sales Execs.

Voiq, the cost-efficient, intelligent way to crowdsource calls for SMBs & Enterprises, is hiring a Senior Full Stack Software Engr.

Typic, the #1 photography app in over 70 countries and Best of 2014 in the Apple Store, is looking for an Android dev.