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Tuesday, September 1, 2020

Facebook touts beefed up hate speech detection ahead of Myanmar election

Facebook has offered a little detail on extra steps it’s taking to improve its ability to detect and remove hate speech and election disinformation ahead of Myanmar’s election. A general election is scheduled to take place in the country on November 8, 2020.

The announcement comes close to two years after the company admitted a catastrophic failure to prevent its platform from being weaponized to foment division and incite violence against the country’s Rohingya minority.

Facebook says now that it has expanded its misinformation policy with the aim of combating voter suppression and will now remove information “that could lead to voter suppression or damage the integrity of the electoral process” — giving the example of a post that falsely claims a candidate is a Bengali, not a Myanmar citizen, and thus ineligible to stand.

“Working with local partners, between now and November 22, we will remove verifiable misinformation and unverifiable rumors that are assessed as having the potential to suppress the vote or damage the integrity of the electoral process,” it writes.

Facebook says it’s working with three fact-checking organizations in the country — namely: BOOM, AFP Fact Check and Fact Crescendo — after introducing a fact-checking program there in March.

In March 2018 the United Nations warned that Facebook’s platform was being abused to spread hate speech and whip up ethnic violence in Myanmar. By November of that year the tech giant was forced to admit it had not stopped its platform from being repurposed as a tool to drive genocide, after a damning independent investigation slammed its impact on human rights.

On hate speech, which Facebook admits could suppress the vote in addition to leading to what it describes as “imminent, offline harm” (aka violence), the tech giant claims to have invested “significantly” in “proactive detection technologies” that it says help it “catch violating content more quickly”, albeit without quantifying the size of its investment nor providing further details. It only notes that it “also” uses AI to “proactively identify hate speech in 45 languages, including Burmese”.

Facebook’s blog post offers a metric to imply progress — with the company stating that in Q2 2020 it took action against 280,000 pieces of content in Myanmar for violations of its Community Standards prohibiting hate speech, of which 97.8% were detected proactively by its systems before the content was reported to it.

“This is up significantly from Q1 2020, when we took action against 51,000 pieces of content for hate speech violations, detecting 83% proactively,” it adds.

However without greater visibility into the content Facebook’s platform is amplifying, including country-specific factors such as whether hate speech posting is increasing in Myanmar as the election gets closer, it’s not possible to understand what volume of hate speech is passing under the radar of Facebook’s detection systems and reaching local eyeballs.

In a more clearly detailed development, Facebook notes that since August, electoral, issue and political ads in Myanmar have had to display a ‘paid for by’ disclosure label. Such ads are also stored in a searchable Ad Library for seven years — in an expansion of the self-styled ‘political ads transparency measures’ Facebook launched more than two years ago in the US and other western markets.

Facebook also says it’s working with two local partners to verify the official national Facebook Pages of political parties in Myanmar. “So far, more than 40 political parties have been given a verified badge,” it writes. “This provides a blue tick on the Facebook Page of a party and makes it easier for users to differentiate a real, official political party page from unofficial pages, which is important during an election campaign period.”

Another recent change it flags is an ‘image context reshare’ product, which launched in June — which Facebook says alerts a user when they attempt to share a image that’s more than a year old and could be “potentially harmful or misleading” (such as an image that “may come close to violating Facebook’s guidelines on violent content”).

“Out-of-context images are often used to deceive, confuse and cause harm. With this product, users will be shown a message when they attempt to share specific types of images, including photos that are over a year old and that may come close to violating Facebook’s guidelines on violent content. We warn people that the image they are about to share could be harmful or misleading will be triggered using a combination of artificial intelligence (AI) and human review,” it writes without offering any specific examples.

Another change it notes is the application of a limit on message forwarding to five recipients which Facebook introduced in Sri Lanka back in June 2019.

“These limits are a proven method of slowing the spread of viral misinformation that has the potential to cause real world harm. This safety feature is available in Myanmar and, over the course of the next few weeks, we will be making it available to Messenger users worldwide,” it writes.

On coordinated election interference, the tech giant has nothing of substance to share — beyond its customary claim that it’s “constantly working to find and stop coordinated campaigns that seek to manipulate public debate across our apps”, including groups seeking to do so ahead of a major election.

“Since 2018, we’ve identified and disrupted six networks engaging in Coordinated Inauthentic Behavior in Myanmar. These networks of accounts, Pages and Groups were masking their identities to mislead people about who they were and what they were doing by manipulating public discourse and misleading people about the origins of content,” it adds.

In summing up the changes, Facebook says it’s “built a team that is dedicated to Myanmar”, which it notes includes people “who spend significant time on the ground working with civil society partners who are advocating on a range of human and digital rights issues across Myanmar’s diverse, multi-ethnic society” — though clearly this team is not operating out of Myanmar.

It further claims engagement with key regional stakeholders will ensure Facebook’s business is “responsive to local needs” — something the company demonstrably failed on back in 2018.

“We remain committed to advancing the social and economic benefits of Facebook in Myanmar. Although we know that this work will continue beyond November, we acknowledge that Myanmar’s 2020 general election will be an important marker along the journey,” Facebook adds.

There’s no mention in its blog post of accusations that Facebook is actively obstructing an investigation into genocide in Myanmar.

Earlier this month, Time reported that Facebook is using US law to try to block a request for information related to Myanmar military officials’ use of its platforms by the West African nation, The Gambia.

“Facebook said the request is ‘extraordinarily broad’, as well as ‘unduly intrusive or burdensome’. Calling on the U.S. District Court for the District of Columbia to reject the application, the social media giant says The Gambia fails to ‘identify accounts with sufficient specificity’,” Time reported.

“The Gambia was actually quite specific, going so far as to name 17 officials, two military units and dozens of pages and accounts,” it added.

“Facebook also takes issue with the fact that The Gambia is seeking information dating back to 2012, evidently failing to recognize two similar waves of atrocities against Rohingya that year, and that genocidal intent isn’t spontaneous, but builds over time.”

In another recent development, Facebook has been accused of bending its hate speech policies to ignore inflammatory posts made against Rohingya Muslim immigrants by Hindu nationalist individuals and groups.

The Wall Street Journal reported last month that Facebook’s top public-policy executive in India, Ankhi Das, opposed applying its hate speech rules to T. Raja Singh, a member of Indian Prime Minister Narendra Modi’s Hindu nationalist party, along with at least three other Hindu nationalist individuals and groups flagged internally for promoting or participating in violence — citing sourcing from current and former Facebook employees.



from Social – TechCrunch https://ift.tt/eA8V8J Facebook touts beefed up hate speech detection ahead of Myanmar election Natasha Lomas https://ift.tt/3gSzmEx
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InfoSum raises $15.1M for its privacy-first, federated approach to big data analytics

Data protection and data privacy have gone from niche concerns to mainstream issues in the last several years, thanks to new regulations and a cascade of costly breaches that have laid bare the problems that arise when information and data security are treated haphazardly.

Yet that swing has also thrown up a whole series of issues for organisations and business functions that depend on sharing and exchanging data in order to work. Today, a startup that has built a new way of exchanging data while still keeping privacy in mind — starting first by applying the concept to the “marketing industrial complex” — is announcing a round of funding as it continues to pick up momentum.

InfoSum, a London startup that has built a way for organizations to share their data with each other without passing it on to each other — by way of a federated, decentralized architecture that uses mathematical representations to organise, “read” and query the data — is today announcing that it has raised $15.1 million.

Data may be the new oil, but according to founder and CEO Nick Halstead, that just means “it’s sticky and gets all over the place.” That is to say, InfoSum is looking for a new way to use data that is less messy, and less prone to leakage, and ultimately devaluation.

The Series A is being co-led by Upfront Ventures and IA Ventures. A number of strategics using InfoSum — Ascential, Akamai, Experian, British broadcaster ITV and AT&T’s Xandr — are also participating in the round. The startup has raised $23 million to date.

Nicholas Halstead, the founder and CEO who previously had founded and led another big data company, DataSift (the startup that gained early fame as a middleman for Twitter’s firehose of data, until Twitter called time on that relationship to push its own business strategy), said in an interview that the plan is to use the funding to continue fuelling its growth, with a specific focus on the US market.

To that end, Brian Lesser — the founder and former CEO of Xandr (AT&T’s adtech business that is now a part of AT&T’s WarnerMedia), and previous to that the North American CEO of GroupM — is joining the company as executive chairman. Lesser had originally led Xandr’s investment into InfoSum and had previously been on the board of the startup.

InfoSum got its start several years ago as CognitiveLogic, founded at a time when Halstead was first starting to get his head around the problems that were becoming increasingly urgent in how data was being used by companies, and how newer information architecture models using data warehousing and cloud computing could help solve that.

“I saw the opportunity for data collaboration in a more private way, helping enable companies to work together when it came to customer data,” he said. This eventually led to the company releasing its first product two years ago.

In the interim, and since then, that trend, he noted, has only gained momentum, spurred by the rise of companies like Snowflake that have disrupted the world of data warehousing, cookies have started to increasingly go out of style (and some believe will disappear altogether over time), and the concept of federated architecture has become much more ubiquitous, applied to identity management and other areas.

All of this means that InfoSum’s solution today may be aimed at martech, but it is something that affects a number of industries. Indeed, the decision to focus on marketing technology, he said, was partly because that is the industry that Halstead worked most closely with at DataSift, although the plan is to expand to other verticals as well.

“We’ve done a lot of work to change the marketing industrial complex,” said Lesser, “but its bigger uses cases are in areas like finance and healthcare.”



https://ift.tt/eA8V8J InfoSum raises $15.1M for its privacy-first, federated approach to big data analytics https://ift.tt/34Tg93e

Cosmose, a platform that analyzes foot traffic in physical stores, gets $15 million Series A

Cosmose tracks foot traffic in brick-and-mortar stores to help predict customer behavior, providing data that is increasingly important as companies try to weather COVID-19’s economic impact. Today the startup announced it has raised a $15 million Series A. The round was by Tiga Investments, with participation from returning investors OTB Ventures and TDJ Pitango, who co-led Cosmose’s seed round last year.

The company said its valuation is now more than $100 million. Most of the stores it currently serves are in China and Japan, and its clients include companies like Walmart, Marriott, Samsung, and LVMH.

As companies try to recover from the impact of the COVID-19 pandemic, founder and chief executive officer Miron Mironiuk said Cosmose’s platform has helped clients make decisions about when to reopen stores and what kind of inventory to stock, and how to increase revenue.

For example, ‘some shops wanted to connect with customers who used to shop in their physical locations and encourage them to buy online,” he said. “Hotels in Japan were focused on promoting their in-house restaurants to local residents to make up for the lost revenue.” The company is also working with Boston Consulting Group on a report called “COVID-19 offline retail recovery traffic in China” for publication next week.

Cosmose has offices in Shanghai, Hong Kong, New York and Warsaw, where is software engineering team is based. Mironiuk said that a PwC audit of the platform’s accuracy completed in December 2019 confirmed its ability to track customers within 1.6 meters of their location in a store, and that its data ecosystem now comprises of more than one billion smartphones and 360,000 stores. Cosmose’s plan is to grow that to two billion smartphones and 10 million stores by 2022.

The Series A will be used for product development and geographic expansion, starting with Southeast Asian markets this year, followed by the Middle East and India. Mironiuk, who founded Cosmose in 2014, said its goal is to break even and generate profit by 2021.

The company offers three main products: Cosmose Analytics, which tracks customers’ movements inside brick-and-mortar stores; Cosmose AI, a data analytics and prediction platform to help retailers create marketing campaigns and increase sales; and Cosmose Media, for targeting online ads.

Cosmose does not require hardware installation, which means no regular maintenance is required after Cosmose maps a store, and helps it differentiate from rivals.

There are other companies that also analyze foot traffic in brick-and-mortar stores, including RetailNext and ShopperTrak, but being tracked might alarm customers who are concerned about their privacy. Mironiuk said all of the smartphone data Cosmose AI gathers is anonymized, so the company doesn’t know who shoppers are.

The platform uses alphanumeric IDs called OMNIcookies, does not collect personal data like phone MAC addresses, mobile numbers, or email addresses, and follows data privacy laws in each of the countries it operates in. It also allows shoppers to opt-out of tracking.

In a press statement about the investment, Raymond Zage, the CEO and founder of Tiga Investments, said “I was attracted by the strong results Cosmose is already achieving for some of the world’s recognizable brands, while simultaneously ensuring user privacy is protected. Cosmose team is saving stores while enhancing consumer experience.”



https://ift.tt/eA8V8J Cosmose, a platform that analyzes foot traffic in physical stores, gets $15 million Series A https://ift.tt/3bmjZmY

Monday, August 31, 2020

Virtual Mobility startup pitch night applications open

TechCrunch is on the hunt to feature 10 early-stage mobility startups at our virtual TC Sessions: Mobility 2020 pitch night. The pitch-off event, originally set for May, will now be held October 5th — the evening before Mobility 2020. 

The top five companies from pitch night will take the stage at the main event with industry heavy hitters like  Boris Sofman of Waymo, Nancy Sun of Ike and Trucks VC’s Reilly Brennan. Now we are shining a light on game changing startups — hardware and software breaking the mobility mold. From battery advancements to mapping, fuel processing to micromobility, TechCrunch wants the next generation of mobility’s brightest on stage. The process is simple:

ApplyTechCrunch editorial will review every application and demo video submitted. Companies will be reviewed based on innovation, scope of impact, uniqueness of product idea and potential for exit — IPO or acquisition. Selected companies will get to pitch onstage, receive two complimentary event tickets, an hour training with the Startup Battlefield Editor and a spot in CrunchMatch (TC’s meeting matching program).

Pitch Part I. The top 10 startups from around the world will be selected to pitch live to the TC audience on the virtual stage. After a private pitch coaching session, founders will have one minute to pitch, followed by a Q&A with our expert panel of investor and industry expert judges.

Pitch Part II. The top five companies from pitch night will get a prime slot to pitch and demo their product on the main stage at Mobility 2020 in front of thousands of TC viewers — press, industry leaders and VCs.

The deadline to apply is September 15th. Selections will occur on a rolling basis so get your application in ASAP!



https://ift.tt/eA8V8J Virtual Mobility startup pitch night applications open https://ift.tt/3gMsKHM

Reliable Robotics is bringing remote piloting to small cargo planes

Nearly one year ago, a Cessna 172 Skyhawk stealthily made aviation history when it landed at a small airport in Northern California, marking the completion of the first successful remote-piloted flight of a passenger airplane in the United States.

The company behind this milestone in commercial aviation history is Reliable Robotics, a startup founded in 2017 by former SpaceX and Tesla engineers who previously brought autopilot to the electric vehicle auto driving masses and made the Dragon rocket soar.

The company has raised $33.5 million in venture funding from investors including Lightspeed Venture Partners, Eclipse Ventures, Pathbreaker Ventures and Teamworthy Ventures, and is now making its pitch to potential customers in the logistics and shipping industry.

Robert Rose, the co-founder of Reliable Robotics, comes from a family of flyers. Both of this grandfathers flew in World War Two, and he has done stints as a pilot himself. In fact, the company’s origins stem from Rose’s attempts to get back in the cockpit and behind the yoke.

“Flying’s hard,” Rose said. “It requires a lot of cognitive ability.”

But a lot of that cognitive ability are tasks that Rose, with his experience designing Tesla’s autopilot system and the flight systems for both the Falcon and Dragon spacecraft, knew could be automated. Helping Rose to automate these tasks is Juerg Frefel, the company co-founder, vice president of engineering and the former leader of the team behind the computing platform for the Falcon 9 and Dragon spacecrafts.

Reliable’s systems aren’t fully automated, there’s still a pilot behind the scenes, but that pilot is monitoring systems and controlling the plane remotely, rather than sitting in the cockpit.

Reliable started its experiments with retrofitting existing planes with autonomous systems in much the same way that Tesla began its journey into manufacturing, by using existing frames for aircraft rather than designing its own.

Control systems inside a Cessna retrofitted by Reliable Robotics. Image Credit: Reliable Robotics

“We spent the first portion of our flight test program focused on the C172. We thoroughly tested every aspect of our system in simulation and conducted rigorous safety checks before operating the aircraft without a pilot on board and are now proud to share what we’ve been working on,” said Rose, in a statement.

The company started with the Cessna 172 Skyhawk but graduated to the larger Cessna 208 Caravan. The Caravan, which is designed as a passenger plane, is also used by logistics companies like FedEx for shipping. In June, the company demonstrated a fully remote landing for the Caravan over the San Jose approach path — a particularly heavily trafficked route.

“There’s never been a privately funded program that’s ever done anything like that before,” said Rose.

Enabling remote piloting and automating certain aspects of flight has tremendous potential to drive down costs and improve efficiencies in an industry that’s struggling with multiple stresses.

“Automated aircraft are going to fundamentally shift the entire airline business, and Reliable Robotics is well positioned to be a key player in this new market,” said David Neeleman, a founder of several commercial airlines, including JetBlue (and an investor in Reliable Robotics).

The company’s autonomous platform can be applied to any fixed-wing aircraft, but Reliable’s co-founder and chief executive doesn’t expect to be selling components. Instead, Reliable Robotics will retrofit and operate aircraft as a service for its customers, Rose said.

“Initially, by necessity, we’re going to have to operate this as a service,” said Rose. “The certification of systems for air. If you want to operate in the airspace you have to certify your maintenance plan, your procedures… the entire business needs to be certified by the FAA… If for the first time someone operates an aircraft with no pilot on board that entire business is going to have to be certified. At least for the first several years we see this being operated as a service.”

Reliable conducted its first retrofit and flight on a Cessna Caravan owned by FedEx, which operates around 235 planes in its fleet, according to Rose. Several other shipping companies also use the Caravan for air logistics.

“There’s a communication component, a ground network, a control center for operating the thing. It’s entirely a vertically integrated enterprise,” Rose said. “Integrated hardware that allows us to control flight systems and get telemetry and data [and that’s] integrated into a custom computer that can process this and fly the aircraft and integrated into a ground network so a pilot in our control center can oversee the operations of the plane.” 

Rose said the pitch to customers is increasing pilot utilization. “How could the economics change if [pilots] could teleport from one aircraft to the next after they’re done flying?” Rose said. “Our system enables you to more efficiently utilize the pilot and more efficiently utilize the aircraft.” 

Closeup of a Reliable Robotics’ control system. Image Credit: Reliable Robotics

 



https://ift.tt/32BrSkv Reliable Robotics is bringing remote piloting to small cargo planes https://ift.tt/3gBx38N

Decrypted: Tesla’s ransomware near miss, Palantir’s S-1 risk factors

Another busy week in cybersecurity.

In case you missed it: A widely used messaging app used by over a million protesters has several major security flaws; a little-known loophole has let the DMV sell driver’s licenses and Social Security records to private investigators; and the U.S. government is suing to reclaim over $2.5 million in cryptocurrency stolen by North Korean hackers from two major exchanges.

But this week we are focusing on how a Tesla employee foiled a ransomware attack, and, ahead of Palantir’s debut on the stock market, how much of a risk factor is the company’s public image?


THE BIG PICTURE

Russian charged with attempted Tesla ransomware attack

$1 million. That’s how much a Tesla employee would have netted if they accepted a bribe from a Russian operative to install malware on Tesla’s Gigafactory network in Nevada. Instead, the employee told the FBI and the Russian was arrested.

The Justice Department charged the 27-year-old Russian, Egor Igorevich, weeks later as he tried to flee the United States. According to the indictment, his plan was to ask the employee to deliberately deploy ransomware on the Gigafactory’s network, grinding the network to a halt for a ransom of several million dollars. The would-be insider threat is likely the first of its kind, one ransomware expert told Wired, as financially driven hackers continue to up their game.

Tesla founder Elon Musk tweeted earlier this week confirming that Tesla was the target of the failed attack.

The attack, if carried out, could have been devastating. The indictment said that the malware was designed to extract data from the network before locking its files. This data-stealing ransomware is an increasing trend. These hacker groups not only encrypt a victim’s files but also exfiltrate the data to their servers. The hackers typically threaten to publish the victim’s files if the ransom isn’t paid.



https://ift.tt/eA8V8J Decrypted: Tesla’s ransomware near miss, Palantir’s S-1 risk factors https://ift.tt/3jwMscm

Twitter flags Republican leader’s video as ‘manipulated’ for altering disabled activist’s words

Twitter flagged an inflammatory video by House Republican Whip Steve Scalise on Sunday for altering footage of a conversation between progressive activist Ady Barkan and Joe Biden. The video is now labeled as “manipulated media” in a tweet from Scalise, though remains online.

The inflammatory video pulls in out-of-context quotes from a number of Democrats and activists, but appears to have crossed a line by altering Barkan’s words from a portion of the conversation about policing reform. Barkan, who has ALS, speaks with an assistive eye-tracking device.

“These are not my words. I have lost my ability to speak, but not my agency or my thoughts,” Barkan tweeted in response, adding “…You owe the entire disability community an apology.”

In the video excerpt, taken from a longer conversation about policing and social services, Barkan appears to say “Do we agree that we can redirect some of the funding for police?” In reality, Barkan interrupted Biden during the conversation to ask “Do we agree that we can redirect some of the funding?”

In the video, Barkan’s altered sentence is followed by a dramatic black background stamped with the words “No police. Mob rule. Total chaos. Coming to a town near you?” Those ominous warnings are followed by a logo for Scalise’s reelection campaign.

The addition of the two words, falsely rendered in Barkan’s voice, don’t significantly change the meaning of his question, but the edit still crossed a line. A Twitter spokesperson confirmed that the tweet violated the company’s policy for “synthetic and manipulated media,” though did not specify which part of the video broke the rules.

The synthetic and manipulated media policy states that Twitter “may label Tweets containing synthetic and manipulated media to help people understand their authenticity and to provide additional context.” In the policy, Twitter explains specifically that “new video frames, overdubbed audio” and other edits count as deceptive and significant manipulation.



from Social – TechCrunch https://ift.tt/eA8V8J Twitter flags Republican leader’s video as ‘manipulated’ for altering disabled activist’s words Taylor Hatmaker https://ift.tt/3lzevcX
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Dorian raises $3.1M for its no-code, interactive storytelling platform

{rss:content:encoded} Dorian raises $3.1M for its no-code, interactive storytelling platform https://ift.tt/2DeLeTI https://ift.tt/2QGug3H August 31, 2020 at 09:07PM

With Dorian, co-founder and CEO Julia Palatovska said she’s hoping to empower fiction writers and other storytellers to create their own games.

The startup is announcing that it has raised $3.15 million in seed funding led by March Capital Partners, with participation from VGames, Konvoy Ventures, London Venture Partners, Michael Chow (co-creator of the Twitch series “Artificial”), Andover Ventures and talent management company Night Media.

Palatskova previously worked in gaming as the head of business development at G5 Entertainment, and she said she’d also become entranced by narrative games and interactive fiction. And while there are existing interactive fiction platforms, she saw “an opportunity that I felt was missing,” particularly in the fact that those platforms are “entirely single player, with no opportunity to play and collaborate with other people.”

So she gave me a quick tour of the Dorian platform, showing me how, without coding, a writer can essentially design characters and backgrounds by choosing from a variety of visual assets (and they’ll eventually be able to upload assets of their own), while using a flowchart-style interface to allow the writer to connect different scenes in the story and create player choices. And as Palatskova noted, you can also collaborate on a story in real-time with other writers.

“In terms of writer productivity, I would say there is almost no difference between creating interactive fiction on our engine and just writing fiction,” she said.

Dorian Gunmen Scene

Image Credits: Dorian

From what I could see, the resulting games look similar to what you’d find on platforms like Pocket Gems’ Episode, where there aren’t a lot of technical bells and whistles, so the story, dialogue and character choices move to the forefront.

When I brought up the open-source game creation software Twine, Palatskova said Twine is “just a tool.”

“We want to be more like Roblox, both the tools and the distribution,” she said.

In other words, writers use Dorian to create interactive stories, but they also publish those stories using the Dorian app. (The writer still owns the resulting intellectual property.) Palatskova noted that Dorian also provides detailed analytics on how readers are responding, which is helpful not just for creating stories, but also for monetizing via premium story choices.

In fact, Dorian says that in early tests involving around 50,000 players, writers were able to improve monetization by 70% after only one or two iterations. And Palatskova noted that with Dorian’s games — unlike an interactive film such as “Black Mirror: Bandersnatch” —”It’s fast and easy to test multiple branches.”

Dorian is currently invite-only, but the plan is to launch more broadly later this year. Palatskova is recruiting writers with and without gaming experience, but she also expects plenty of successful contributions to come from complete novices. She wants Dorian to be “a completely open platform, like Roblox or Twitch for writers.”

“Dorian’s success in creating an interactive platform that values storytelling while prioritizing monetization for its writers is a game-changer,” said March Capital’s Gregory Milken in a statement. “Julia and her team are creating a community that is primed to capture the attention of today’s influential but underrepresented audiences of diverse content creators.”

Dorian raises $3.1M for its no-code, interactive storytelling platform

With Dorian, co-founder and CEO Julia Palatovska said she’s hoping to empower fiction writers and other storytellers to create their own games.

The startup is announcing that it has raised $3.15 million in seed funding led by March Capital Partners, with participation from VGames, Konvoy Ventures, London Venture Partners, Michael Chow (co-creator of the Twitch series “Artificial”), Andover Ventures and talent management company Night Media.

Palatskova previously worked in gaming as the head of business development at G5 Entertainment, and she said she’d also become entranced by narrative games and interactive fiction. And while there are existing interactive fiction platforms, she saw “an opportunity that I felt was missing,” particularly in the fact that those platforms are “entirely single player, with no opportunity to play and collaborate with other people.”

So she gave me a quick tour of the Dorian platform, showing me how, without coding, a writer can essentially design characters and backgrounds by choosing from a variety of visual assets (and they’ll eventually be able to upload assets of their own), while using a flowchart-style interface to allow the writer to connect different scenes in the story and create player choices. And as Palatskova noted, you can also collaborate on a story in real-time with other writers.

“In terms of writer productivity, I would say there is almost no difference between creating interactive fiction on our engine and just writing fiction,” she said.

Dorian Gunmen Scene

Image Credits: Dorian

From what I could see, the resulting games look similar to what you’d find on platforms like Pocket Gems’ Episode, where there aren’t a lot of technical bells and whistles, so the story, dialogue and character choices move to the forefront.

When I brought up the open-source game creation software Twine, Palatskova said Twine is “just a tool.”

“We want to be more like Roblox, both the tools and the distribution,” she said.

In other words, writers use Dorian to create interactive stories, but they also publish those stories using the Dorian app. (The writer still owns the resulting intellectual property.) Palatskova noted that Dorian also provides detailed analytics on how readers are responding, which is helpful not just for creating stories, but also for monetizing via premium story choices.

In fact, Dorian says that in early tests involving around 50,000 players, writers were able to improve monetization by 70% after only one or two iterations. And Palatskova noted that with Dorian’s games — unlike an interactive film such as “Black Mirror: Bandersnatch” —”It’s fast and easy to test multiple branches.”

Dorian is currently invite-only, but the plan is to launch more broadly later this year. Palatskova is recruiting writers with and without gaming experience, but she also expects plenty of successful contributions to come from complete novices. She wants Dorian to be “a completely open platform, like Roblox or Twitch for writers.”

“Dorian’s success in creating an interactive platform that values storytelling while prioritizing monetization for its writers is a game-changer,” said March Capital’s Gregory Milken in a statement. “Julia and her team are creating a community that is primed to capture the attention of today’s influential but underrepresented audiences of diverse content creators.”



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In a post-NDA world, does transparency help founders identify conflicts of interest?

Once upon a time, fintech founders could pitch 10 investors before closing a round in a relatively hushed way. Entrepreneurs could even ask VCs to sign nondisclosure agreements (NDAs) to keep their information confidential. Today, everyone is a fintech investor and no one signs NDAs.

This changed dynamic puts founders in a difficult position.

Nabeel Alamgir, CEO and founder of Lunchbox, struggled to raise his first institutional check for his restaurant tech startup. After searching for more than a year, Alamgir found an investor who understood his vision. Better yet, the investor had connections to restaurants in New York City that Alamgir wanted to land. So, Alamgir shared everything about Lunchbox, from the financials, to the product integration road map and go-to-market strategy.

After a month of due diligence, the investor ghosted Alamgir. Four months later, that same investor’s portfolio company launched a product mimicking Lunchbox.

“I did not do due diligence on them as they were doing on me,” he said. “And I forgot all my rules. Most rules go out the window as cash is running out.”

Alamgir’s experience is a classic case of back-channeling, a sometimes unfortunate yet uncommon occurrence for founders in Silicon Valley. It’s not a secret that investors share intel with each other as a competitive advantage; but as venture capital grows as an asset class and more investors break into the industry, the way information disseminates will become even more elusive and broad.

Alamgir advises early-stage founders who are looking to raise their first check to “contain excitement.”



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There’s a growing movement where startup founders look to exit to community

Traditional roadmaps for startups center around this idea of the exit. Oftentimes, the ideal exit in the minds of startups and venture capitalists goes one of two ways: IPO or acquisition by another company.

But there are other ways for startups to exit that could potentially bring more value to a larger variety of stakeholders. Exit to Community (E2C), a collaborative working project led by the University of Colorado Boulder’s Media Enterprise Design Lab and Zebras Unite, explores ways to help startups transition investor-owned to community ownership, which could include users, customers, workers or some combination of all stakeholders. Today, the group released a digital and physical zine designed to serve as an introduction to Exit to Community.

“The purpose of the zine is to provide an initial roadmap to all of the aspects of the conversation that need to happen so we can save founders pain in recognizing and validating they’re in the wrong fit and we need to co-create what does fit,” Zebras Unite co-founder and zine co-author Mara Zepeda told TechCrunch. “It’s not a silver bullet. It’s not like there’s this other perfect thing that everyone needs to do. I describe it as running a Cambrian explosion of experiments in order to figure out what this future is. It’s not just one thing. That’s how what we’re doing is really different. Sometimes there are these niche products or movements that pop up and say, “this is the answer. There isn’t one answer for this moment.” 

These alternative exit models also have the potential to to open the door for founders in other markets, E2C co-organizer Nathan Schneider told TechCrunch. He pointed to tiphub, a company focused on Africa and the African Diaspora, that had been looking for alternative ways to support founders given there isn’t a huge mergers and acquisitions market in Africa.

“Because of the infrastructure that exists in the financial market, we don’t have the same set of realities that a very active VC industry does in Europe or the U.S.,” tiphub Partner Chika Umeadi told TechCrunch. “There’s just not as much private equity activity or M&A activity. We believe we have a strong hypothesis for how we can manufacture companies quickly, but we still need to build the other side of the market. There are companies that are valuable, but we now have to think about alternative methods of exiting.”

Already, there are a handful of examples out there of what exiting to community can look like. Buffer, a social media management platform, bought out its investors in 2018 because it became “clear that Buffer had become less of a fit for VC funding,” Buffer CEO and co-founder Joel Gascoigne wrote in a blog post at the time.

Then, in 2019, SEO and Conductor bought back its content marketing company from WeWork. Now, the company is majority employee-owned.

“It was a dream that we always had that we would own the company and we gave a huge amount of ownership to all the people and now the company is almost entirely employee-owned,” Conductor CEO Seth Besmertnik told me earlier this year. “And now we have everything we want to go and make our mission a reality.”

Outside of the tech industry, E2C points to Organically Grown Company, an organic produce distributor based in Oregon that transitioned from an employee- and grocer-owned operation into a community-owned one.

“These types of glimpses suggest that it’s possible,”Schneider said.

For investors, while IPOs and acquisitions can elicit high returns, not all of the startups in their portfolios will be candidates.

“Their current exit options limit what kind of returns and outcomes they can see for their portfolio companies,” Schneider said. “If a startup ends up not being a candidate for an IPO or acquisition, E2C can still help them get their money back, or get a decent return. There’s also a class of investors trying to thread the needle of financial return with social return, and are looking for models that can help facilitate that.”

Beyond the zine, the next step is to crate a peer learning cohort of founders who are exploring some of these options. Down the road, the hope is to create standard documents for startups that make it easy for founders to pursue these alternative paths.



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RealPage acquires real estate IoT startup Stratis

RealPage, a publicly traded full-service property management technology firm with over 12,200 clients worldwide, today announced that it has acquired Stratis IoT,  a startup that provides IoT services to the real estate industry, with a focus on access and energy management tools.

“RealPage aims to become a leading provider in the burgeoning rental property automation market, and thereby create significant opportunity for operators to increase rents, improve sustainability, add operational efficiencies, reduce operating costs and enhance the customer experience for the company’s approximately 19 million units throughout the United States,” said RealPage CEO Steve Winn. “The smart building technology also provides a launching pad for expanded international operations, thanks to Stratis’ existing international presence.”

Stratis is currently installed in about 380,000 homes in the U.S., Japan, UK and several countries in Europe and Latin America. Both Stratis and RealPage target a wide range of the real estate industry, ranging from multifamily units to student housing, vacation homes and commercial real estate.

Image Credits: Stratis

Traditionally, the real estate market wasn’t always the first to adopt modern technologies. That’s quickly changing now, though, in part because of the promise of IoT, which isn’t just a boon to renters looking for modern solutions in their apartments but also represents the possibility of significant cost savings for the industry. RealPage argues that smart technology can generate a revenue lift of $55 per unit, for example, and that’s the kind of saving (and higher revenues) that will push even legacy B2B platforms to modernize.

One area where Stratis stands out is its ability to integrate with a wide variety of third-party solutions.

“Holistic building-wide access and utility management and control are integral to building optimization and the resident experience, which have become increasingly intertwined,” said Stratis IoT CEO Felicite Moorman. “RealPage and Stratis IoT combine two industry-leading, best-in-class platforms to create a powerhouse of control and single-app resident experience for multifamily, student housing, and beyond.”

The two companies did not disclose the price of the acquisition. It’s worth noting that RealPage isn’t a stranger to making acquisitions to bring its technology up to speed. A year ago, the company acquired Hipercept, for example, a firm that provided data services and data analytics to the institutional real estate market. Then, in December, it also acquired Buildium, a SaaS property management solution with over 2 million units under management. In 2019, the company said planned to spend just over $100 million on acquisitions.

 



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