Snapchat is buying Israeli startup Cimagine for $30-$40 million. You know Snapchat, but the four-year-old Cimagine has largely flown under the radar. The gist of the startup: it develops augmented reality tech that can, for example, allow users to virtually place furniture in their home with the click of a button. The deal marks Snap’s first Israeli acquisition and is seen by many as a “talent grab,” since Cimagine’s founders are specialists in both computer visioning and imaging processing. And if that wasn’t enough, Snapchat also launched filter games , allowing you to “play with your face.” It all adds up to Snap preparing for its long-awaited IPO, which could come as early as March 2017.
Check Out Nomatic. They just launched a Kickstarter campaign for the NOMATIC Backpack and Travel Pack, a project that’s already received over $250,000 in funding in the first 24 hours.
The company NOMATIC was started by Jon Richards and Jacob Durham, two Utah-based Bros who see an open lane in the luggage space. On the heels of the NOMATIC Travel bag being the most funded travel bag in Kickstarter history, the NOMATIC Backpack and Travel Pack aspires to be the ultimate bag for 1-3 day trips.