[TL;DR] Tech news that you shouldn’t miss this 05/15
Every evening, the best of Tech news is in the TL; DR of FrenchWeb.
TL; DR (invariable acronym) (21st century): initials of “too long; didn’t read“,
either literally “too long ; not read“
1. (Internet) To express that the message that was sent was not read because it was too long.
2. (Internet) To express that the following is a summary of the text too long.
Welcome to the Jungle raises 7 million euros to expand in Europe. The start-up claims 600,000 unique visitors each month to its site and more than 1,000 corporate customers.
Why this is important: With this new funding round, Welcome to the Jungle plans to accelerate its development in France and begin its international expansion. This will result in the launch of the platform in a first European country at the end of 2018. To support this acceleration, the start-up will increase its workforce (45 employees to date). At the same time, Welcome to the Jungle wishes to consolidate its media positioning, by stepping up the production and distribution of original content on work.
RIP the decoder: Canal + is banking on Apple TV to appeal to urban youth. Pay TV will offer the possibility of renting an Apple TV 4K instead of the traditional decoder from May 17.
Why this is important: This is the first time that the encrypted television group has offered a box other than its own. And it is also proof that OTT (over-the-top, distribution of content over the Internet, without the intervention of an operator) has established itself in France as a major mode of TV reception. A priori, the financial risk will rather weigh on the pay channel, since Canal + will own the boxes. However, in this configuration, it will not have to share the revenue from the subscription, unlike the subscriptions now concluded via Apple TV.
Netflix will devote 85% of its new spending to the production of original content. Next December, around 1,000 original programs will be available on the American platform, of which 470 will be broadcast by the end of the year.
Why this is important: The good performance of Netflix’s original content has pushed the platform to devote most of its financial power to this sector. However, in October 2017, the New York Times reported that the video-on-demand juggernaut was planning to allocate only 25% of its total content budget to the production of original programs. Within six months, Netflix finally decided to revise this percentage to 85%, a dramatic jump of 60%. By doing so, the Californian group intends to counter Amazon, with its Amazon Prime Video platform, and Disney, which will launch its own streaming service by 2019.
Sigfox launches Sens’it Discovery to accustom businesses to the use of IoT. For its 2018 roadmap, the company aims to connect six million objects to reach a billion people in 60 countries.
Why this is important: The launch of this new product corresponds to the ambitions announced by the company in February during the presentation of its results for fiscal 2017. If the market has to develop further, according to a study by Gartner, the IoT will have more than 20 billion products installed worldwide by 2020.
S4M raises 10 million euros to optimize the drive-to-store strategy of the brands. The company claims more than 5,000 advertising campaigns delivered each year.
Why this is important: At the start of the year, S4M launched the new version of its FUSIO by S4M platform, which allows all the indicators of an advertising campaign to be measured and optimized in real time, whether online or offline. This funding round should enable S4M to accelerate the technological development of FUSIO by S4M, in particular by adding artificial intelligence functionalities. At the same time, the company intends to strengthen its influence internationally, mainly in the United States. The company is targeting $ 100 million in sales by 2020.
Campings.com raises 10 million euros to strengthen its international deployment. The company claims to support 500,000 travelers mainly from France, Belgium, the Netherlands and Germany.
Why this is important: The company lists nearly 2,500 partner campsites, from family campsites to 5-star resorts. It has implemented a multi-channel distribution strategy, in particular through white brands, travel agencies and more than 1,000 works councils.
Trustpair raises 1.1 million euros to fight against transfer fraud between companies. This is the first FinTech fundraiser created in 2017.
Why this is important: Trustpair offers financial departments a digital response to risk management issues related to payment by transfer. To do this, the company is marketing a solution based on artificial intelligence technologies making it possible to detect and prevent the appearance of anomalies in the supplier payment chain in real time, before the issuance of transfer orders. With this funding, Trustpair intends to recruit 15 people by the end of 2018 in order to support its R&D and commercial development.