Unblockable raises $5M to create crypto collectibles around pro athletes

Unblockable is tackling a new area for blockchain technology — sports fandom, specifically collectibles and fantasy sports.

CEO Jeb Terry (a former Fox Sports executive, and before that a former offensive lineman for the Tampa Bay Buccaneers) said the goal is to connect pro sports and pro athletes with the technology, and to &create new means of access and really empower the fans to celebrate their fandom, to show off who they&re fans of and create new relationships.&

Terry founded Unblockable with Eben Smith, a former derivatives trader, as well as Greg Dean and Kedric Van de Carr, entrepreneurs who have founded multiple crypto projects in the past.

The startup is announcing it has raised $5 million from Shasta Ventures and Lightspeed Venture Partners, with ShastaJacob Mullins joining the board of directors. (Mullins and I have been friends since we worked together at VentureBeat a decade ago.)

&Taking advantage of the unique characteristics of the emerging blockchain platform, UNBLOCKABLE is defining a new category of fun, engaging and approachable experiences and games for consumers as well as new ways for stars, athletes and leagues to build new relationships with fans,& Mullins said in the announcement.

Unblockable isn&t launching its consumer product yet — Terry told me that will probably happen later this year. But the basic idea is to release collectible crypto tokens tied to pro athletes. The goal is to have tokens representing every player (including their likeness), not just the big stars, and to create &true, authentic scarcity.&

Terry argued that the tokens will function as a kind of virtual collectible, with &a limited volume ever minted.& The value of each token should also fluctuate depending on the playerperformance on the field, especially since there will be a fantasy sports component of the platform — you&ll need to own a playertoken in order to include them on your team.

&There will be market dynamics in play,& Terry said. &With the value of the performance of the athletes in the field, it will be basic supply-demand behavior.&

When asked about reaching the (presumably) huge swath of sports fans that have no real familiarity with cryptocurrencies, Terry said, &Itthe core crypto enthusiasts that are going to get this right away.& At the same time, hehoping to &bridge that gap& to all those other fans, partly by making sure the buying and selling process is as &frictionless& as possible.

Unblockable hasn&t announced any partnerships with specific leagues or athletes, aside from naming NFL Hall of Famer Ronnie Lott as the head of its advisory panel. But it sounds like Terryworking on that.

&There are a lot of opportunities for players to get involved,& he said. &As a former player, as a guy thatworked with players in the past, itsomething that we really know and live. We want to make sure [they] trust us to take care of their brands. Thatimportant here. You can&t just take that lightly in this space.&

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Cyber startup Baffin Bay Networks takes in $6.4M funding led by EQT Ventures

For a long time, it has been hard to buy a cloud-first security platform that delivers full-stack security in a single data path. Current market solutions offer a &one-trick pony,& leaving companies with overly complex routing setups or abnormal latency of traffic to get a solution that fulfills their needs.

Swedish cybersecurity startup Baffin Bay Networks thinks it has the answer, with distributed &threat protection centers& which interfere with the traffic before it reaches its customers& services and removes any potential threats.

It has today announced the closing of a $6.4 million Series A round. The investment was led by European VC EQT Ventures and the capital will be used for further international expansion.

&We&re passionate about building a world-class threat protection platform & one that is easy to use for any company or service provider to protect their key assets and services,& said Joakim Sundberg, CEO at Baffin Bay Networks.

Competitors include Incapsula, Cloudflare, Akamai, Arbor and the like.

Via the customer portal Riverview, users can configure their own security settings and level of protection. The user interface allows for real-time tracking of traffic and delivers real-time results from threat analysis, providing current and complete information on the activity in their online environment.

Should users wish not to configure settings on their own, they can rely on preset, sensible defaults, which are calculated using sophisticated algorithms.

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JASK nets $25M from Kleiner to build out autonomous security operations

Cyberthreats are on the rise everywhere. Companies are facing a barrage of attacks from hackers near and far, and their security operations centers are struggling to keep up. They can no longer rely on manual processes to respond to automated attacks, forcing security chiefs to consider new approaches to automating their defenses.

Thatwhere JASK comes in. The startup offers an autonomous security operations platform to respond to this new security environment, and ita mission that is finding resonance among investors. After raising a $12 million Series A round led by Dell Technologies Capital last year, the company has now received a $25 million Series B from Ted Schlein of Kleiner Perkins, bringing the companytotal funding to $39 million, including its seed. Schlein will join the board of directors.

Schlein is a distinguished security investor, having invested in such noted security exits as Mandiant, LifeLock and CarbonBlack. He also was the first investor in ArcSight, where JASK founders Greg Martin and Damian Miller led the security operations practice. Schlein also is an investor in stealthy security startup Endgame Inc., as well as enterprise analytics startup Segment.

As I wrote in an in-depth profile of JASK earlier this year, the startup is attempting to completely rebuild the modern security operations center from the ground up. Rather than building manual playbooks, it wants to create a hybrid human-artificial intelligence system that can learn and adapt to new threats while offering more engaging feedback to security analysts. The hope is that the platform will massively reduce the burden of security so that human analysts can spend more of their time on challenging cases rather than routine ones.

The challenges in building such an autonomous security operations center (SOC) are multi-fold. Wrangling the data is difficult, since formats can be highly divergent between companies. How companies respond to threats can also be very diverse — some companies may choose to ignore some low-level threats while others have more robust policies, requiring JASKplatform to adapt to each company in a unique way. Perhaps the toughest challenge is just constantly adapting the systemmachine learning models to counter innovative hackers.

A few weeks ago, the company announced further visualization tools to help security analysts understand their threat environment. Last month, it brought on Greg Fitzgerald as chief marketing officer. Fitzgerald previously served as CMO of security high-flyer Cylance, as well as SVP of marketing at Fortinet and Sourcefire (acquired by Cisco). It has also announced a massive expansion of its second headquarters in Austin, where it expects to grow to 100 people this year.

In addition to Kleiner and DTC, other investors included Battery, TenEleven Ventures and Vertical Venture Partners.

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Startups are strange beasts. Founders and investors are obviously so super-focused on building their companies that sometimes they forget to delve into the big issues behind tech and startups. Plus, do they ever know whatgoing on outside their laser-focused view Sometimes itgood to take stock.

Thatwhy we&ve built The Europas Awards - Unconference (July 3) in association with TechCrunch, to give you a heads-up on the big issues, time to network, and time to celebrate with peers and friends, on a great day in London.

So what is The Europas

• Key Founders and investors speaking • No secret VIP rooms, maximum Speaker interaction • Ultra-high quality crowd, largely invited • Convivial, relaxed atmosphere conducive to networking • Intimate &breakout& sessions with key players • Journalists from major tech titles • Percentage of profits will be donated to charity • A stunning awards dinner and party which honours both the hottest startups and the leading lights in the European startup scene

The Unconference

Pull up a front row seat at our Unconference as some of the most incisive and prescient thought leaders in tech will discuss and debate some of the biggest issues, opportunities and challenges in tech. You won&t want to miss these panels:

• Should We Stay or Should We Go Now What next for Europeantech economy as Brexit looms We&re joined by LocalGlobe partner Suzanne Ashman, BGF partner, Wendy Tan White, and Eloise Todd, CEO of Best for Britain to dissect what the Leave ramifications are for the tech ecosystem.

• The Disinfoconomy: We were all shocked, shocked, to learn that Facebook had allowed commercial entities access to our private data with no oversight into how that data was being used and for what purpose. Our panelists debate what next for businesses peddling in private data, do consumers care enough to change their behaviour, what impact has this had on the media, and is there a way to sort all this mess out

• Mapping the Future of Transportation in an Autonomous Age: The era of the autonomous vehicle is nigh! But how will AVs interact with our existing transportation landscape in our current gridlocked cities Bill Gross-backed AIPod thinks it has a solution. CRO and co-founder Steve Gledden unpacks the details.

• AI + Startups & A Non Starter So you wanna be an AI startup, but therethe pesky little problem of enough data. Paul Dowling of Dreamstake Ventures leads a discussion with Steve King of social prediction startup Black Swan and Draper Esprit partner and long-time health tech investor Vishal Gulati on the data challenge.

• APPily Ever After or APPocalypse now Dating Apps in a Post #MeToo World. Dating apps have radically reshaped how we form relationships, our attitudes toward sex, sexism, objectification and desire — and quite frankly, what constitutes good manners. We&re joined by Olivia June, founder of vina.io, and more to come.

• TWO tracks on Crypto and Blockchain:

We&ve got TWO tracks on Crypto and Blockchain this year, one dedicated to understanding the ins and outs of investing, token economics, and ICOs; the other to the industries being disrupted by the use of blockchain or DLT. We have panels looking at social impact; the media, creative industries and visual arts, digital identity, and financial services. These panels are meant to get you clued up quickly and to explore the most exciting startups in these verticals.

• Startup Central Zone

Finally, we&ve got Startup Central, with panels packed with advice on fundraising from seed to C and beyond. You&ll want to join the Future of Funding panel, a deep dive into raising money through ICOs, traditional venture capital, and crowdfunding. We&re excited to be joined by Ali Ganjavian, founder of Studio Banana. Yes, hethe Kickstarter darling behind the Ostrich Pillow. Our favourite tech journos, including Steve O&Hear of TechCrunch, join our popular Meet the Press panel, where you&ll get to turn the tables and grill reporters on what they think makes a tech story.

• Pitch Roulette

At the end of the day, join us for Pitch Roulette, where some of Europebiggest VCs will be giving selected startups feedback on their pitch.

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Slowly but surely, Amazonbeen turning its Fire tablets into Echos. It started with push to talk Alexa function. Last year, the company added a hands-free mode for the voice assistant. Now, itadding Show Mode, which brings the same title card UI you get on the companyscreen-enabled smart speaker.

Better still, Amazonintroducing a Show Mode Charging Dock, a stand that effectively transforms the Fire into a makeshift Show. Place the tablet into a dock and it starts charging and automatically flips into Show mode, so you can do all of the standard Echo activities from across the room.

Amazon is turning Fire tablets into Echo Shows

The dock works with both the most recent Fire HD 8 and 10 (if I had to venture a guess, I&d say the 7 will probably be getting the functionality, as well). If you already have one of the devices, the feature will be coming through an over-the-air update starting July 2. Once itin place, it will play nicely with other Echos in your home, using AmazonESP (&Echo Spatial Perception&) feature.

I&d have to imagine a new, less bulky version of the Show is in the works. In the meantime, this is a pretty compelling alternative — and a chance for Amazon to be a bit more competitive with the numerous third-party devices Google unveiled back at CES. The tablet+dock package is ultimately a cheaper option than the Show$230 price tag (though that device is discounted to $160 at the moment).

Amazon is turning Fire tablets into Echo Shows

The docks themselves run $40 for the eight-inch and $55 for the 10 (both are discounted $5 for the time being). If you don&t already have the tablets on-hand, you can pick up a bundle for $110 and $190, respectively. Picking up this configuration also gives you a lot more flexibility versus just going in on the Show.

As for what the Show brings to the table Better built-in mics and speakers are the primary answer. Ultimately, however, I suspect Amazon isn&t really concerned about some of its devices cannibalizing others, so long as it gets more Amazon products out in the world.

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Amazon buys PillPack, an online pharmacy, for just under $1B

A week after appointing a CEO for its healthcare joint venture with Berkshire Hathaway and JPMorgan, Amazon today announced an acquisition that underscores how it also hopes to have a more direct — and more commercial — role in the world of healthcare in the coming years. The company has purchased PillPack, an online pharmacy the lets users buy medications in pre-made doses.

Terms of the deal have not been disclosed by Amazon, but sources close to the deal say it was for just under $1 billion. PillPack had reportedly been in talks with Walmart — one of Amazonbig rivals — for an acquisition, and we confirmed that this was indeed the case. &But someone& — that is, Amazon — &came along offering more.&

According to PitchBook, PillPack was last valued at $361 million after a round of funding in 2016.This deal is expected to close in the second half of 2018.

The move (and that reported valuation hike) signal how heated the e-health market is becoming, and also how Amazon views it as a key frontier in its bid to be the go-to place for anything a consumer (or medical organization) might want or need in the area of healthcare.

The might of Amazon in commerce plays a massive role in how the market is poised to develop: it buying the company is not only a signal of how PillPack will likely get scaled out (not least through Amazonhealthcare JV) but also because of how other pharmacy companies will have to respond. So far, the market is punishing the rest for not already being where Amazon appears to be going.

&PillPackvisionary team has a combination of deep pharmacy experience and a focus on technology,& saysJeff Wilke,AmazonCEO of Worldwide Consumer, in a news release. &PillPack is meaningfully improving its customers& lives, and we want to help them continue making it easy for people to save time, simplify their lives, and feel healthier. We&re excited to see what we can do together on behalf of customers over time.&

PillPack has a license to operate in all 50 states in the U.S. and has other accreeditations such as URAC AND VIPPS, but it doesn&t seem to be operational in international markets. Its PharmacyOS — the system it has built that forms the basis of the company — is a platform that helps manage patient data and figure out how to balance meds together in safe doses for its customers.

The challenge that the company is addressing is very real: the US is a huge consumer of medicines, and some of that has tipped into a large epidemic of abuse. While there are a lot of things that will have to happen to tackle that in the long and short term, at least helping to provide controlled doses of what patients are being prescribed is one aspect of how to tackle the problem.

It looks likeTJ Parker, co-founder and CEO of PillPack, will be staying on to run the business.

&PillPack makes it simple for any customer to take the right medication at the right time, and feel healthier,& he said in a statement. &Together withAmazon, we are eager to continue working with partners across the healthcare industry to help people throughout the U.S. who can benefit from a better pharmacy experience.&

PillPack, based in Manchester, New Hampshire, started out at TechStars in Boston in 2013, when it was still led by Katie Rae, and over the years it had raised $123 million with investors including Accel, Accomplice, Charles River Ventures and Menlo Ventures.

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