Credit: Cisco
When you are thinking about new office space, one thing you don’t have to consider: can your proposed building accommodate the storage demands of your future internet traffic?
Cisco estimates that “video traffic will make up 79 percent of all consumer Internet traffic in 2018.” How are server costs going to adapt to fit this? Cisco’s one to know.
Credit: Bridj
Are you tired of seeing full busses drive past you every morning? Well, Bridj is looking to solve that for you and they just landed an addition $4m along with the former commissioner of Chicago Transportation Department.
From Bizjournals.com:
Bridj launched beta service this past June in the Boston area and its CEO has previously said that it would add more cities in the future…The startup said the new funding and the addition of Klein will allow Bridj to expand nationally and beyond. Other investors in the latest round include Andy Ross andPeter Aldrich, early Zipcar investors.
Alternatively, follow the link to view Bridj’s Boston schedule.
Office building at 30 John F Kennedy Boulevard, Cambridge
The greater Boston market is strong for tech jobs and VC funding into tech company. When clients as why the rapid rent growth from 2010 to now? Supply and demand to the absorption by venture backed tech companies.
According to a report in the Boston Business Journal, “Boston with its more than 145,000 tech jobs trails only Silicon Valley in terms of total high-tech employment, noting that Greater Boston experienced a 4.3 percent growth in high-tech jobs over the year. Silicon Valley had year-over-year tech-related job growth of 5.2 percent and employed a little over 213,000 people in the industry, the report noted. But the results aren’t much of a change from last year’s report, which stated that the Boston area was No. 2 in terms of tech jobs and No. 4 in venture funding…The Boston area also scored big in venture funding during the second quarter of this year, accumulating a total of $441.6 million in funding during the time period, according to the report. San Francisco, Silicon Valley and Manhattan all snagged more venture capital funding than the Boston area.”
The full article is available on the BBJ website.
Now you have a place to go! PivotDesk has solved the problem for the entrepreneur.
From BetaBoston.com:
“PivotDesk, which lets companies lease out extra office space to other startups, has launched a new offering that lets commercial real estate brokers connect with companies that might be too small for their own space with PivotDesk.”
For more info, jump over to PivotDesk.
33 Arch Street, Boston
Why are Tech and E-Commerce companies moving to Downtown Crossing?
From BostonSF.com:
“According to a new commercial real estate market report released by Cresa, Downtown Boston is still considered one of the country’s most dynamic office markets. As traditional industries, such as banking and financial institutions, in the Financial District continue to downsize and consolidate, large blocks of inventory are becoming available to tenants. And as technology and e-commerce companies continue to populate Downtown Crossing, the area is becoming Boston’s new ‘Innovation District.'”
Our tour history of the last 180 days is 75% of the Class B tenants in the market are: Tech, Ad Firms or Architects and Design firms. Today’s tenant in the market is looking for unique amenities like; bike storage, pet friendly, shared conference space, roof decks. One of the places in Boston tech firms have been gravitating towards in the Leather District in Boston.
Credit: BetaBoston
Betaboston has compiled a map of tech firms in Boston’s Leather District:
“In the fall of 2011, ed tech startup Boundless set up shop in an office in Boston’s Leather District, a tiny neighborhood sandwiched between Chinatown and the Financial District. Terrible Labs and Yesware would follow in mid-2012…since then more than two dozen tech-related companies—including the Techstars Boston accelerator and Startup Institute, and Uber’s local office—have taken up residence in the neighborhood, named for its former status as a leather industry hub.”
Consumer Tech is a hot spot and Blade has launched a $20M seed fund to assist which is headed up by Kayak co-founder Paul English.
The new fund is led by Paul English, co-founder of Kayak Software Corp.
According to pymnts.com, “english plans to invest $250,000 to $1 million per startup. The fund works, each selected startup will be able to use the office space at Blade’s offices in Boston for a few months, or a full year, depending on their needs, and what they are building.”
Details on the fund and its initial start-up selections, are available, here.
Credit: Northeastern
Where do good ideas come from? Innovators. Northeastern has a great idea; bring the white board to the street, yes on a truck that hits key destinations within our city.
From the Boston Business Journal:
“Northeastern University is launching a new master’s degree in innovation and is celebrating with a “whiteboard innovation challenge,” meant to identify innovators who might be good candidates for the degree. A total of four questions will be posed in two-week segments for the duration of the eight week contest. Participants will be asked to submit their innovative idea via a whiteboard drawing, taking a photo and posting it for consideration through the D’Amore-McKim Facebook application or on the mobile truck white board at one of the various locations.”