On weekdays, Barry Jack is an unassuming, soft-spoken senior optical engineer at a startup in Scotland. On weekends, he indulges his passion for performative percussion with an ensemble of taiko drummers.
We delve into the music, painting & photography that enhance the creative insight of the “renaissance” engineer.
Back Market, an online platform for buying, selling and servicing refurbished tech gadgets, said on Tuesday it raised $335 million in its latest funding round which valued the company at $3.2 billion. The company, started in France in 2014, aims to make it easier for customers to buy refurbished gadgets like iPhones without having to worry that the seller may be peddling stolen or broken goods, said Chief Executive Thibaud Hug de Larauze.
Back Market, an online marketplace for refurbished electronics, announced Tuesday it has closed on a massive $335 million Series D, bringing the startup’s total valuation to $3.2 billion. The round was led by General Atlantic, with participation from Generation Investment Management and various existing investors, including Goldman Sachs. Founded in 2014, Back Market offers an alternative solution for people who don’t want to pay full price for a brand new electronic device.
Refurbished electronics marketplace Back Market has raised $335 million in fresh funding. The company was founded in 2014.
Back Market, an online marketplace for refurbished electronics, raised $335 million in Series D financing led by General Atlantic.
Back Market co-founders Thibaud Hug de Larauze, Vianney Vaute, Quentin La Brouster have raised $335 million to grow the refurbished gadget marketplace. Back Market French startup Back Market has raised $335 million from investors General Atlantic, Goldman Sachs, and LVMH billionaire Bernard Arnault’s family office to help grow its marketplace for repaired smartphones, tablets and other gadgets.
Back Market announced today that it has raised €276m, as it seeks to expand the global footprint of its marketplace for refurbished consumer electronics.
A couple of years ago, I made a conscious decision to stop buying new phones. While I used to always stay on the cutting edge when choosing a new iPhone or Android phone, I realized that buying used or refurbished devices made more sense. These days, one- or two-year-old phones aren’t much different from the latest models, and buying them second-hand lets you save money without getting locked into long-term wireless carrier contracts.
Dan is joined by Pim Tuyls, founder and CEO of Intrinsic ID. Pim provides background on what a physically unclonable function (PUF) is and how Intrinsic ID developed the technology around SRAMs that are found on virtually all chips. Pim discusses the multiple applications for SRAM PUFs and how they are implemented. He concludes with a view of the future in this area.
Some high-end televisions already cost 30 percent more than they did last summer. As the crunch continues, expect more gadget prices to spike.
TELEVISIONS, LAPTOPS, AND tablets have been in high demand during the Covid-19 pandemic, as people worked and learned via Zoom, socialized over Skype, and binged on Netflix to alleviate the lockdown blues. But all that extra screen time also helped set in motion a semiconductor supply crunch that is causing prices for some gadgets to spike—starting with TVs.
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