Kobiton raises a $5.2M Series A round for its mobile testing platform – gpgmail


Kobiton, an Atlanta-based mobile testing platform that helps developers test their apps on real devices using the open-source Appium automation framework, today announced that it has raised a $5.2 million Series A round. The round was led by BIP Capital, with support from seed investors KMS Technology and Kinetic Ventures, as well as BetterCloud executive chairman Jon Hallett, former Infor COO Ken Walters and Kevin Lee, the CEO of Kobiton. Previously, the company raised $3 million in seed funding.

KMS Technology actually incubated Kobiton before it was spun out into its own company in 2016.

Current customers include Cap Gemini, Frontier Airlines, GreenSky, Office Depot and Q2.

One thing that sets Kobiton apart from other on-device testing services like Microsoft’s App Center Test Cloud, the AWS Device Farm and Google’s Firebase Test Lab is that it offers a cloud-based lab but also allows you to test set up your own private and local labs as needed. In total, Kobiton supports over 350 devices  and, of course, provides detailed logs for all tests, including full video, screenshots, system metrics and more.

“Our own survey of over 1500 organizations confirm the trends we’re seeing in the industry: First, companies have greatly advanced on the maturity testing model with more and more realization that extensive real-device testing is necessary to create flawless user experiences for all users on all devices,” Kobiton CEO Kevin Lee told me. “Second, organizations of all sizes have acknowledged that moving to automated testing is imperative to remain competitive in today’s fast-paced world. Time-to-market is becoming a critical measure of overall quality and the only way to get there is through extensive automated testing.”

Lee argues that until now, it too a lot of developer-level expertise to write the test scrips necessary to run automated tests. The Appium project has made this easier, but it’s not a trivial undertaking to set up tests with it either. He also argues that automated test scripts tend to be brittle. “They break when the underlying App changes, and worse, tend to break for the same App being tested on different device types,” he said.

Kobiton allows developers to create tests without having to write scripts by using tis “record and playback” feature. This still creates regular Appium code in the background, but developers don’t have to interact with it. Because that code is there, though, the company can then work its magic and add an abstraction layer (“Appium Anywhere”) that allows those tests to run on any device.

“What that means is that your test script will run the same on every device without requiring changes to your test script,” explains Lee. “Combined, these technologies will allow organizations to adopt mobile automation, at scale, in a cost effective and time efficient manner.”

Like most companies at this stage, Kobiton plans to use the new funding to expand its sales, marketing customer support and product development efforts. On the product side, a lot of that work will go into the “Record and Playback” tools.


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Competition among alternative protein players gets hot as companies beef up with new deals – gpgmail


The competition for control of the burgeoning market for burger replacements (and other alternatives to animal proteins) continues to heat up.

Beyond Meat and Impossible Foods the two leading contenders for top purveyor of plant-based patties (and other formulations) have spent most of the typically sleepy summer months jockeying for the position as top supplier to a food industry suddenly ravenous for alternatives to traditional meat product.s

As soon as the first Impossible Whoppers came off the flame broilers at Burger King, Beyond Meat was announcing a new fast food chain supply deal of its own with Subway.

Through that agreement the publicly traded provider of plant-based products will be grinding up meatless meatballs for Subway’s new vegetarian option to the classic meatball sub.

Subway will roll out meatless meatballs in 685 of its franchise locations in the U.S. and Canada starting in September.

Not to be outdone, Impossible Foods came swinging back with some a new partnership with the institutional food prep giant Sodexo. At roughly 1,500 Sodexo locations food slingers at healthcare facilities and corporate and university cafeterias will unveil new options like Impossible Foods-based sausage muffin sandwiches, sausage gravy and biscuits, steakhouse burgers and creole burgers.

Image courtesy of Sodexo

“Sodexo is committed to providing customers with more plant-forward and sustainable options as part of their diet,” said Rob Morasco, senior director culinary development, Sodexo, in a statement. “We are excited to expand our menu to include the Impossible Burger’s flavorful blend, which will be featured in several new products this fall.”

Set against this meatless horserace for national food service dominance, other plant-based providers have launched to take the startup direct-to-consumer approach to satisfy vegetarian cravings for other types of food substitutes.

It was partially in response to this furor over the vegetarian market that the world was introduced to Nuggs. Ben Pasternak, the company’s young founder, first came to fame as the teenage entrepreneur behind the social media app Monkey.

When Monkey was sold to a Chinese company in 2017, Pasternak turned his attention to food. He’s been cooking up the idea for Nuggs since that time. In 2018 the core team assembled with Pasternak bringing on Liam Mullen, a former pastry chef and self-trained molecular gastronomist who was working for the high-end New York restaurant Daniel at the age of 16.

Screen Shot 2019 08 11 at 4.38.18 PM

Image courtesy of Nuggs

Unlike Impossible Foods, which has faced supply chain woes thanks to its initial strategy of building its own manufacturing facilities, Nuggs is manufactured by McCain Foods, a food prep giant that also led the company’s $7 million round. Other investors include Rainfall Ventures; Greylock Discovery Fund; Maven Ventures; NOMO Ventures; M Ventures; ACME Capital; Founder of MTV and CEO of iHeartMedia, Bob Pittman; Casper Founder & COO, Neil Parikh; and Former President of Tumblr, John Maloney.

While Beyond Meat and Impossible Foods have grabbed most of the headlines as the first generation of protein substitutes to really make a dent with consumers, Just (the company formerly known as Hampton Creek) has also nabbed some major deals with big fast food chains for its big product — egg replacements.

Launched in 2018, the egg replacement from Just inked a major deal in late July with Tim Hortons, the Canadian coffee, donut, and sandwich chain. Much as Beyond Meat has found a home for its meatless sausages at Dunkin Donuts in the U.S., Just has seen Tim Hortons take its eggless egg replacement to a Canadian consumers (Hortons also has a sandwich using Beyond Meat).

Some companies are going beyond plant-based protein replacements to lab-grown versions of the real thing. That’s been the story behind Perfect Day, which sold out of their $20-per-pint ice cream in a matter of hours. Like Impossible Foods and Beyond Meat, the company intends to sell through ice cream manufacturers rather than going direct to consumers with its own product, according to a CNBC report.

The three protein replacement companies have grabbed investor attention and heralded a surge of venture capital investment into plant based protein products. In all, Beyond Meat, Impossible Foods, and Just have snagged over $1 billion in funding.

For investors in Beyond Meat, the $122 million in capital will yield billions in returns. The company’s market capitalization is up to a meaty $13.4 billion from $1.5 billion when its stock first began public trading. Analysts at Barclays predict the market for alternative proteins could hit $140 billion by 2029.


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Lyft COO Jon McNeill is leaving – gpgmail


Shortly after going public, Lyft is losing one of its top executives, according to a new report from CNBC.

Jon McNeill, who joined the ride-hailing business from Tesla about 18 months ago, is reportedly stepping down. We’ve reached out to Lyft to confirm.

Lyft’s stock (NASDAQ: LYFT) is down nearly 3% on the news. Despite a turbulent first month on the public market, Lyft has traded up the past three months, closing Friday up about 1% at $65.52 per share with a market cap of $18.55 billion.

Of his COO pick, Lyft CEO and co-founder Logan Green said in a statement provided to gpgmail last year that “Jon is a world-class leader who brings deep experience as a highly successful entrepreneur and executive.”

“Last year, the Lyft community experienced more growth than in all previous years combined, growing rides by 2.3x and increasing market share by more than 50%. Jon is the right leader to build upon this momentum with his unique background of starting companies from scratch and managing at scale.”


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