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Three dimensional modeling used to be hard. It used to require something at least as big as the Xbox Kinect to get really high quality scans you needed high-powered laser sensor systems. Now all you need is your phone and Capture.

Capture is a proof-of-concept for a company called Standard Cyborg led by Jeff Huber and Garrett Spiegel. These YCombinator grads have worked in a number of high-profile vision startups and raised $2.4 million in seed from folks like Scott Banister, Trevor Blackwell, and Jeff Huber.

They launched the app on December 3 and it’s already making 3D waves. The tool, which uses the iPhone X’s front camera and laser scanning system to create a live color point cloud, can create 3D models that you can view inside the app or in an AR setting. You can also export them into a USDZ file for use elsewhere. The app is actually a Trojan horse for the company’s other applications including a programming framework for 3D scanning.

“We are at the bleeding edge – deploying 3D dense reconstruction and point cloud deep learning on mobile devices,” said Huber. “We package up this core technology for developers, abstracting away all the math and GPU acceleration, and giving them superpowers in just 3 lines of code.”

I’ve tried the app a few times and the resulting scans are still a little iffy. You have to take special care to slowly scan all facets of an object and if you move, as you see below, you end up with two noses. That said it’s an amazingly cool use of the iPhone’s powerful front-facing sensors.

“Standard Cyborg is building the API for the physical world,” said Huber. “We make it easy for developers to build 3D scanning, analysis, and design into their applications. Our Capture app is a showcase of our technology that makes it easy for anyone with a FaceID-enabled iPhone to play with the technology and share scans with their friends. Our scanning SDK is launching in January and is currently in beta with a few enterprise-level sporting goods companies.”

While you won’t be scanning your loved ones into a TRON remake with this thing just yet it’s cool to think about how far we’ve come from flailing around in our living rooms with a clunky Kinect next to our TV.

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Three dimensional modeling used to be hard. It used to require something at least as big as the Xbox Kinect to get really high quality scans you needed high-powered laser sensor systems. Now all you need is your phone and Capture.

Capture is a proof-of-concept for a company called Standard Cyborg led by Jeff Huber and Garrett Spiegel. These YCombinator grads have worked in a number of high-profile vision startups and raised $2.4 million in seed from folks like Scott Banister, Trevor Blackwell, and Jeff Huber.

They launched the app on December 3 and it’s already making 3D waves. The tool, which uses the iPhone X’s front camera and laser scanning system to create a live color point cloud, can create 3D models that you can view inside the app or in an AR setting. You can also export them into a USDZ file for use elsewhere. The app is actually a Trojan horse for the company’s other applications including a programming framework for 3D scanning.

“We are at the bleeding edge – deploying 3D dense reconstruction and point cloud deep learning on mobile devices,” said Huber. “We package up this core technology for developers, abstracting away all the math and GPU acceleration, and giving them superpowers in just 3 lines of code.”

I’ve tried the app a few times and the resulting scans are still a little iffy. You have to take special care to slowly scan all facets of an object and if you move, as you see below, you end up with two noses. That said it’s an amazingly cool use of the iPhone’s powerful front-facing sensors.

“Standard Cyborg is building the API for the physical world,” said Huber. “We make it easy for developers to build 3D scanning, analysis, and design into their applications. Our Capture app is a showcase of our technology that makes it easy for anyone with a FaceID-enabled iPhone to play with the technology and share scans with their friends. Our scanning SDK is launching in January and is currently in beta with a few enterprise-level sporting goods companies.”

While you won’t be scanning your loved ones into a TRON remake with this thing just yet it’s cool to think about how far we’ve come from flailing around in our living rooms with a clunky Kinect next to our TV.

from Startups – TechCrunch https://ift.tt/2Gd4lhT

//

Three dimensional modeling used to be hard. It used to require something at least as big as the Xbox Kinect to get really high quality scans you needed high-powered laser sensor systems. Now all you need is your phone and Capture.

Capture is a proof-of-concept for a company called Standard Cyborg led by Jeff Huber and Garrett Spiegel. These YCombinator grads have worked in a number of high-profile vision startups and raised $2.4 million in seed from folks like Scott Banister, Trevor Blackwell, and Jeff Huber.

They launched the app on December 3 and it’s already making 3D waves. The tool, which uses the iPhone X’s front camera and laser scanning system to create a live color point cloud, can create 3D models that you can view inside the app or in an AR setting. You can also export them into a USDZ file for use elsewhere. The app is actually a Trojan horse for the company’s other applications including a programming framework for 3D scanning.

“We are at the bleeding edge – deploying 3D dense reconstruction and point cloud deep learning on mobile devices,” said Huber. “We package up this core technology for developers, abstracting away all the math and GPU acceleration, and giving them superpowers in just 3 lines of code.”

I’ve tried the app a few times and the resulting scans are still a little iffy. You have to take special care to slowly scan all facets of an object and if you move, as you see below, you end up with two noses. That said it’s an amazingly cool use of the iPhone’s powerful front-facing sensors.

“Standard Cyborg is building the API for the physical world,” said Huber. “We make it easy for developers to build 3D scanning, analysis, and design into their applications. Our Capture app is a showcase of our technology that makes it easy for anyone with a FaceID-enabled iPhone to play with the technology and share scans with their friends. Our scanning SDK is launching in January and is currently in beta with a few enterprise-level sporting goods companies.”

While you won’t be scanning your loved ones into a TRON remake with this thing just yet it’s cool to think about how far we’ve come from flailing around in our living rooms with a clunky Kinect next to our TV.

from Startups – TechCrunch https://ift.tt/2Gd4lhT

//

Three dimensional modeling used to be hard. It used to require something at least as big as the Xbox Kinect to get really high quality scans you needed high-powered laser sensor systems. Now all you need is your phone and Capture.

Capture is a proof-of-concept for a company called Standard Cyborg led by Jeff Huber and Garrett Spiegel. These YCombinator grads have worked in a number of high-profile vision startups and raised $2.4 million in seed from folks like Scott Banister, Trevor Blackwell, and Jeff Huber.

They launched the app on December 3 and it’s already making 3D waves. The tool, which uses the iPhone X’s front camera and laser scanning system to create a live color point cloud, can create 3D models that you can view inside the app or in an AR setting. You can also export them into a USDZ file for use elsewhere. The app is actually a Trojan horse for the company’s other applications including a programming framework for 3D scanning.

“We are at the bleeding edge – deploying 3D dense reconstruction and point cloud deep learning on mobile devices,” said Huber. “We package up this core technology for developers, abstracting away all the math and GPU acceleration, and giving them superpowers in just 3 lines of code.”

I’ve tried the app a few times and the resulting scans are still a little iffy. You have to take special care to slowly scan all facets of an object and if you move, as you see below, you end up with two noses. That said it’s an amazingly cool use of the iPhone’s powerful front-facing sensors.

“Standard Cyborg is building the API for the physical world,” said Huber. “We make it easy for developers to build 3D scanning, analysis, and design into their applications. Our Capture app is a showcase of our technology that makes it easy for anyone with a FaceID-enabled iPhone to play with the technology and share scans with their friends. Our scanning SDK is launching in January and is currently in beta with a few enterprise-level sporting goods companies.”

While you won’t be scanning your loved ones into a TRON remake with this thing just yet it’s cool to think about how far we’ve come from flailing around in our living rooms with a clunky Kinect next to our TV.

from Startups – TechCrunch https://ift.tt/2Gd4lhT

//

Three dimensional modeling used to be hard. It used to require something at least as big as the Xbox Kinect to get really high quality scans you needed high-powered laser sensor systems. Now all you need is your phone and Capture.

Capture is a proof-of-concept for a company called Standard Cyborg led by Jeff Huber and Garrett Spiegel. These YCombinator grads have worked in a number of high-profile vision startups and raised $2.4 million in seed from folks like Scott Banister, Trevor Blackwell, and Jeff Huber.

They launched the app on December 3 and it’s already making 3D waves. The tool, which uses the iPhone X’s front camera and laser scanning system to create a live color point cloud, can create 3D models that you can view inside the app or in an AR setting. You can also export them into a USDZ file for use elsewhere. The app is actually a Trojan horse for the company’s other applications including a programming framework for 3D scanning.

“We are at the bleeding edge – deploying 3D dense reconstruction and point cloud deep learning on mobile devices,” said Huber. “We package up this core technology for developers, abstracting away all the math and GPU acceleration, and giving them superpowers in just 3 lines of code.”

I’ve tried the app a few times and the resulting scans are still a little iffy. You have to take special care to slowly scan all facets of an object and if you move, as you see below, you end up with two noses. That said it’s an amazingly cool use of the iPhone’s powerful front-facing sensors.

“Standard Cyborg is building the API for the physical world,” said Huber. “We make it easy for developers to build 3D scanning, analysis, and design into their applications. Our Capture app is a showcase of our technology that makes it easy for anyone with a FaceID-enabled iPhone to play with the technology and share scans with their friends. Our scanning SDK is launching in January and is currently in beta with a few enterprise-level sporting goods companies.”

While you won’t be scanning your loved ones into a TRON remake with this thing just yet it’s cool to think about how far we’ve come from flailing around in our living rooms with a clunky Kinect next to our TV.

from Startups – TechCrunch https://ift.tt/2Gd4lhT

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“The screen is becoming the most important place in the world,” says InVision CEO and founder Clark Valberg . In fact, it’s hard to get through a conversation with him without hearing it. And, considering that his company has grown to $100 million in annual recurring revenue, he has reason to believe his own affirmation.

InVision, the startup looking to be the Salesforce of design, has officially achieved unicorn status with the close of a $115 million Series F round, bringing the company’s total funding to $350 million. This deal values InVision at $1.9 billion, which is nearly double its valuation as of mid-2017 on the heels of its $100 million Series E financing.

Spark Capital led the round with participation from Goldman Sachs, as well as existing investors Battery Ventures, ICONIQ Capital, Tiger Global Management, FirstMark and Geodesic Capital. Atlassian also participated in the round. Earlier this year, Atlassian and InVision built out much deeper integrations, allowing Jira, Confluence and Trello users to instantly collaborate via InVision.

As part of the deal, Spark Capital’s Megan Quinn will be joining the board alongside existing board members, Amish Jani, Vas Natarajan, Simon Nebel, Lee Fixel, and Mark Hastings.

InVision started out back in 2011 as a simple prototyping tool. It let designers build out their experience without asking the engineering/dev team to actually build it, to then send to the engineering and product and marketing and executive teams for collaboration and/or approval.

Over the years, the company has stretched its efforts both up and downstream in the process, building out a full collaboration suite called InVision Cloud (so that every member of the organization can be involved in the design process), Studio, a design platform meant to take on the likes of Adobe and Sketch, and InVision Design System Manager, where design teams can manage their assets and best practices from one place.

But perhaps more impressive than InVision’s ability to build design products for designers is its ability to attract users that aren’t designers.

“Originally, I don’t think we appreciated how much the freemium model acted as a fly wheel internally within an organization,” said Megan Quinn. “Those designers weren’t just inviting designers from their own team or other teams, but PMs and Marketing and Customer Service and executives to collaborate and approve the designs. From the outside, InVision looks like a design company. But really, they start with the designer as a core customer and spread virally within an organization to serve a multitude.”

InVision has simply dominated prototyping and collaboration, today announcing it has surpassed 5 million users. What’s more, InVision has a wide variety of customers. The startup has a long and impressive list of digital first customers — including Netflix, Uber, Airbnb and Twitter — but also serves 97 percent of the Fortune 100, with customers like Adidas, General Electric, NASA, IKEA, Starbucks, and Toyota.

Part of that can be attributed to the quality of the products, but the fundamental shift to digital (as predicted by Valberg) is most certainly under way. Whether brands like it or not, customers are interacting with them more and more from behind a screen, and digital customer experience is becoming more and more important to all companies.

In fact, a McKinsey study showed that companies that are in the top quartile scores of the McKinsey Design Index outperformed their counterparts in both revenues and total returns to shareholders by as much as a factor of two.

But as with any transition, some folks are adverse to change. Valberg identifies industry education and evangelism as two big challenges for InVision.

“Organizations are not quick to change on things like design, which is why we’ve built out a Design Transformation Team,” said Valberg. “The team goes in and gets hands on with brands to help them with new practices and to achieve design maturity within the organization.”

With a fresh $115 million and 5 million users, InVision has just about everything it needs to step into a new tier of competition. Even amongst behemoths like Adobe, which pulled in $2.29 billion in revenue in Q3 alone, InVision has provided products that can both compliment and compete.

But Quinn believes that the future of InVision rests on execution.

“As with most companies, the biggest challenge will be continued excellence in execution,” said Quinn. “InVision has all the right tail winds with the right team, a great product, and excellent customers. It’s all about building and executing ahead of where the pack is going.”

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Vroom has raised $146 million in Series G funding, an expansion to a $30 million investment we reported in early September. U.S. automotive retailer AutoNation led the round for the startup, with participation from existing investors T. Rowe Price, L Catterton, General Catalyst and Fraser McCombs Capital.

The company declined to disclose the valuation, but says it was an up round. Vroom was valued at $440 million in 2016 with a $50 million financing, according to PitchBook.

Led by chief executive officer Paul Hennessy, the former CEO of Priceline.com, Vroom is an online platform for buying and selling refurbished, pre-owned cars. The company purchases used vehicles, then includes them in its online catalog, which currently lists just over 3,200 cars. Once it finds a buyer, it provides financing support through a number of lending partners, including CapitalOne and Ally, and delivers the vehicle directly to customers’ doorsteps in the U.S. To date, the company says it has sold 250,000 cars.

Founded in 2013, the company has raised $440 million in equity funding to date, but it hasn’t all been smooth sailing. Earlier this year, Vroom laid off roughly 30 percent of its staff after a futile attempt at building brick-and-mortar car dealerships. As a result, Vroom shut down its Dallas dealership, which was where most of the layoffs occurred, Hennessy said. Its Houston dealership is the only in-person effort still up and running.

“Clearly our investors were supportive of the strategic steps we took,” Hennessy told TechCrunch.

Since the layoffs, Vroom has been focused on building out its leadership team. Dave Jones, who spent over a decade at Penske Automotive Group, joined as the company’s chief financial officer; Mitch Berg, who was most recently the senior vice president of technology at dailymotion, was brought on as chief technology officer; and Dennis Looney, a veteran in supply chain management, was tapped as chief supply chain officer. 

The infusion of capital is necessary for the five-year-old business, which operates in a capital-intensive industry. Carvana, perhaps its largest competitor in the space, raised $300 million in equity funding and hundreds of millions in debt before going public in 2017. Auto1, a German car trading platform, has raised more than $1 billion, including a significant investment from SoftBank’s Vision Fund earlier this year.

Other digitally native vehicle retailers have fallen on hard times despite venture backing. British startups Hellocar and Carspring both shut down in 2017, and Beepi, a Silicon Valley peer-to-peer used car marketplace, brought in $150 million in VC backing before going out of business last year. Vroom acquired some of Beepi’s software as the company went under.

Vroom’s decision to halt the operations of its physical dealership looks to have satisfied investors, but whether it’s built a sustainable business that can operate without a consistent influx of VC support remains to be seen.

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In the five years since its product was showcased onstage at TechCrunch Disrupt New York’s hackathon, Plaid has emerged as one of the most critical contributors to financial technology’s evolution — and one of the most under the radar.

That is, until now. The company is today announcing a $250 million Series C investment led by famed venture capitalist and the author of the Internet Trends report Mary Meeker, who will join its board of directors as part of the deal. The funds were raised at a valuation of $2.65 billion, according to sources close to the company. Capital from Meeker’s investment came from Kleiner Perkins’ growth fund — where Meeker has been a partner since 2010 — not from the reported billion-dollar-plus solo fund she’s in the process of raising.

New investors Andreessen Horowitz and Index Ventures also participated, as did existing investors Goldman Sachs, NEA and Spark Capital. The financing brings Plaid’s total raised to $310 million and provides a major boost to its valuation, which was just over $200 million with its 2016 Series B.

Making money easier for everyone

Plaid builds infrastructure that allows a consumer to interact with their bank account on the web through a number of third-party applications, like Venmo, Robinhood, Coinbase, Acorns and LendingClub. The San Francisco-based startup has integrated with 10,000 banks in the U.S. and Canada and says 25 percent of people living in those countries with bank accounts have linked with Plaid through at least one of the hundreds of apps that leverage Plaid’s application program interfaces (APIs) — an increase from 13 percent last year.

The platform allows companies to create financial services applications without having to hire their own team of engineers to build out a tool that connects apps to its users’ bank accounts, something Plaid’s founders themselves lacked when they set out to build a fintech startup years ago. Plaid was founded by a pair of former Bain consultants, William Hockey and Zach Perret, the chief technology officer and chief executive officer, respectively, in 2012.

“We were always really infatuated with the concept of financial services,” Hockey told TechCrunch. “We thought it had so much power to impact and improve people’s lives but at the time it really wasn’t … We quickly realized building financial services was almost impossible to do because there wasn’t the tooling or the infrastructure, so we turned around and started building that infrastructure.”

Plaid closed a $44 million Series B in mid-2016 and has since seen its valuation increase more than tenfold. On top of that, it doubled its customer base this year, launched in Canada — its first market outside the U.S. — opened its third office, expanded its overall headcount to 175 employees and debuted a digital mortgage product called Assets.

Hockey and Perret say the new funding will be used to continue expanding the team in San Francisco, Salt Lake City and New York. Plaid, given how essential its tools are to any technology companies that deals with payments in any fashion, which these days is the vast majority of businesses, is a company to watch going into 2019.

“When we think about our long-term goals, we want to make money easier for everyone,” Perret told TechCrunch. “We want everyone to lives these simple, straightforward digitally enabled financial lives and for us, that means supporting these tech innovators in the space and these large incumbents. We want to be able to help them create great consumer financial experiences so consumers can live simpler financial lives.”

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