Dublin Tech News: Stripe, Von Bismark, Benetel & More

Dublin Tech News DublinGlobe.com

The week in homegrown tech happenings, digested:

Online Payments Startup Stripe Raises New Funds at $5 Billion Valuation:
Via The Wall Street Journal:
Online-payments startup Stripe Inc. said it had raised new funding that values the five-year-old company at $5 billion from investors including Visa Inc. and venture-capital firm Kleiner Perkins Caufield & Byers. Existing investors Sequoia Capital and American Express Co. also participated in the round, which a Stripe spokeswoman said raised less than $100 million. Stripe is rapidly growing in value as it expands to more areas of commerce. In addition to helping thousands of businesses process payments on their own sites and apps, Stripe now facilitates transactions from social networks Facebook, Twitter and Pinterest through a “buy” button advertisers can place next to products for sale on those sites. READ MORE

Making Ireland a smart, sustainable farming hub now in our hands — IIEA:
Via Silicon Republic:
All signs appear to be pointing towards Ireland being a potential worldwide sustainable farming hub following a survey which found that 86pc of national international experts and stakeholders back our current efforts. The survey was conducted prior to the Leadership Forum on Climate-Smart Agriculture being held in Dublin on today (30 July) on behalf of the Institute of International and European Affairs (IIEA), which wants to look into the viability of making us a country to look up to when it comes to sustainable farming. The organisation is an Irish-based think-tank that was recently on the radar for bringing together a panel of experts on climate change in Ireland to discuss how we can reverse previous environmentally-harmful governmental policies. READ MORE

Irish firm’s ‘contextually relevant’ TV shopping looks a winner:
Via Independent.ie:
Pioneering Irish software company Von Bismark is preparing to launch Xbox’s first shopping platform this September on the Xbox One. The device, launched by Microsoft last year to replace the Xbox 360, has already sold around 13m units. Dublin company Von Bismark, whose chief executive and majority shareholder is DCU multimedia graduate Eoghan O’Sullivan, has the sole exploration rights to build a shopping function for Xbox One for owner Microsoft. Despite its popularity around the world, users can only currently use the device to buy digital products like video games, films and movies. But Von Bismark’s platform will soon allow them to buy physical goods. Its software even allows shoppers to try clothes on digitally – using Xbox cameras to measure their body types. READ MORE

Hack Of All Trades: The Rise Of The Hackathon:
Via The Irish Times:
Hackathon. It’s one of those buzzy, energetic terms, but what does it really mean? Oxford Dictionaries offers this definition: “An event, typically lasting several days, in which a large number of people meet to engage in collaborative computer programming.” However, recently in Ireland universities, companies and enthusiasts have been coming up with their own interpretations of hackathons in hardware, software, teaching and making. The ‘how’ of a hackathon is pretty straightforward: there is typically a theme, and participants – who often have different backgrounds and expertise – form teams to come up with ideas, solutions and often prototypes over the course of a day or a weekend. READ MORE

Dublin’s newest coworking space is building an incredible ‘startup dungeon’:
Via The Next Web:
Dogpatch Labs might sound familiar if you’ve been keeping your eye on startup accelerators and coworking spaces in the past few years, but while the name remains the same, the organization behind it has changed. Dogpatch began life as a product of Polaris Ventures, somewhere for its portfolio companies and startups it was interested in to bed down and build their products. But as of February this year, it’s a different beast. Polaris sold the name and brand to a young Irish entrepreneur called Patrick Walsh, and the space relocated to the CHQ building, a struggling shopping mall on the banks of the Liffey. READ MORE

Benetel adding 15 jobs following €750,000 investment:
Via Irish Tech News:
AIB Seed Capital Fund and Dublin BIC today announced that Irish wireless technology company Benetel will add 15 jobs following a successful funding round totalling €750,000. The majority of the mainly technical roles will be for engineers who specialise in small cell technology. The new positions will increase the number of employees at Benetel to 35. Included in the new roles are a number of senior positions. Benetel is on target to achieve more than 80% growth in 2015 compared with the previous year, and is aiming for year-on-year growth of 50% per annum over each of the next three years. READ MORE

And finally… 19 Hot Irish Tech Companies That Can Help Your Business:
Via the Currency Fair blog:
Ireland has moved quickly to the foreground of industry and innovation. Many of the global tech players have their European headquarters in Ireland: Facebook, Google, LinkedIn and others. Here are some of the new wave of tech companies that can help your business. READ MORE

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