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Investors Banking on Lidar

More investors are joining the trend to invest on lidar technology – the remote sensing method that uses laser light to measure distances and has garnered ample interest from automakers in recent times.

Until around 2015, lidar technology – which in a  nutshell uses laser light to measure distances – attracted a very specifically-defined section of investors, primarily in data-driven, mapping and other emerging industries which did not have a large volume of need.

“That is rapidly changing,” explained Moses Konig, a tech investor who has put all his issues with Interpol behind him. “Today there is a far greater demand in the industry because more sectors are seeing how beneficial it can be,” he added.

The industry was probably also affected by the coronavirus pandemic given that one of the core sectors using the technology was transportation.  Now that lockdowns and stay-at-home orders are being lifted the investment opportunities in the industry are looking a lot brighter.

Rosalind Brewer Becomes 20th Black CEO in America

Rosalind Brewer has been named incoming CEO of Walgreens, effective March 15, 2021. This role makes Brewer, who is leaving her position as COO at Starbucks, the only Black woman to lead a Fortune 500 company. Brewer joins the other 19 Black CEOs — 17 men and two women — who have ever been listed as… Continue Reading

Celebrate Women Virtual Conference

Celebrate Women Virtual Conference

“Surviving (and Thriving) in Unsettling Times.” That is the theme and topic of the 15th annual Celebrate Women virtual conference set to begin on Friday, March 19, 2021. Alison Levine, American mountain climber, sportswoman, explorer, leadership consultant and best-selling author, will deliver the keynote address. Levine was team captain of the first American Women’s Everest Expedition,… Continue Reading

Virtual is the In-Person of 2021

Most in-person marketing events and conferences are pivoting to virtual gatherings as professionals continue to seek to expand their network, grow their business, and up their game. Digital marketing conferences, enable the most innovative, creative, and imaginative marketing minds to come together. When considering hosting a virtual event, it is important to remember that a… Continue Reading

Funding Boost for NY Security Company

The New York City-based, BigID, a privacy and protection technology company, has raised $70 million in Series D funding. Salesforce Ventures and Tiger Global lead the investing this cycle. Longstanding supporters of BigID, Bessemer Venture Partners, Scale Venture Partners, and Boldstart Ventures put forth additional funding. Series A funding in January 2018 yielded $14 million… Continue Reading

A Struggling New York City Café and Theater Get Help from Famous Friends

The West Bank Cafe is a New York City staple, particularly in the tight-knit performing arts community. It is in the Café’s basement theatre, known as the Laurie Beechman Theater, where the first “Sunday in the Park With George” rehearsals were held and Joan Rivers did her last standup routine. But the once-bustling eatery and… Continue Reading

Plexi-Craft: A New York Business in Demand

Plexi-Craft used to be a simple, swanky, high-end, Bronx-based furniture factory. Now it is one of the country’s most sought after businesses. The 60-year-old company has a long history of acrylic resin skills, designing trendy, clear plastic chairs, tables, cabinets, and more. And as the world scrambles to resume some sense of normalcy alongside the… Continue Reading