Community-Based Car Rental Service Drivy Grabs Another $8.6 Million, Acquires Buzzcar


French startup Drivy raised $8.6 million (€8 million) from Bpifrance, Via-ID as well as existing investors Index Ventures and Alven Capital. The company is also acquiring its smaller competitor Buzzcar for an undisclosed amount.


As a reminder, Drivy lets you rent a car from anyone, usually for less than what it would cost you in a brick and mortar car rental agency. In addition to spending less money, you will receive the same insurance coverage that you would expect when you rent a car.


If you rarely use your car, you can also earn a bit of money by putting your car on the marketplace. Drivy is available in France and Germany for now, but the company plans to expand to more European countries. Spain and another country should come pretty soon.


After merging with Buzzcar, Drivy now has 500,000 registered users and 26,000 cars available on the platform. Over the past 12 months, Drivy managed 300,000 days of car rentals. Buzzcar had 100,000 users and 7,000 cars before the acquisition.


Today’s investment will be a great asset when it comes to opening new markets and recruiting car owners. Part of this funding round will also help improve the company’s apps and website.


“We don’t want to compete with traditional car rental services, we want to replace owning a car with a much more practical service,” co-founder and CEO Paulin Dementhon told me. “We think we can get 3 million members and 300,000 cars in three years’ time. This market represents €500 billion just for Europe. In order to become a leader on this consumer market, we undeniably need a high financial capacity.”


Last year, Drivy raised €6 million. At the time, the company was already talking about international expansion plans. In November 2014, it opened its first international market with Germany — 2015 should be a much more important year when it comes to international expansion.


Featured Image: suphakit73/Shutterstock



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Microsoft updates Outlook for iOS and Android with a new address book and calendar improvements

Microsoft has updated its Outlook email apps for iOS and Android with a raft of new features, rounding out the address book, calendar and search functions.


The People section has evolved from displaying only your top contacts to a full-blown address book, offering a unified view of all your contacts from all your email accounts in the app, as well as those stored only on your device.


Address book Microsoft updates Outlook for iOS and Android with a new address book and calendar improvements


It now lets you search, start a new email or phone call, spot your contacts’ location on a map and even surfaces all the emails, appointments and files shared with each person.


If you use Office 365 or Exchange Server email for work, you can also look up contacts in your company’s full organizational directory, also known as the Global Address List. In addition to contacts, you can also search for conference rooms, distribution lists and Groups using the new Search Directory feature.


Search directory Microsoft updates Outlook for iOS and Android with a new address book and calendar improvements


Outlook’s Calendar section now has a three-day view in landscape mode, as well as an improved day picker for creating events, support for zero-length meetings and the ability to remove cancelled appointments.


Calendar Microsoft updates Outlook for iOS and Android with a new address book and calendar improvements


The update also adds an option to permanently delete messages and brings accessibility and localization improvements. In addition, the iOS app now lets you select all messages in f older for bulk operations, and highlights search terms in results. These features will arrive on Android in a future update.


Microsoft says it is also working to add mobile device management support for enterprise users and the ability to read Information Rights Management protected email, so expect those to show up soon too.


➤ Microsoft Outlook [Android | iOS via Outlook Blogs]








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Rounds Brings Its Group Chat Capabilities To Android


Have you ever wanted to have a live chat with 11 of your closest friends? Well, even before this week, you could’ve done it using video chat app Rounds — but only on iOS.


Now, however, the majority of Rounds users (namely, the ones on Android) will have access to the company’s group chat feature, too. CMO Natasha Shine gave me a quick demo of the Android app last week, bringing on five or six of her coworkers into a single chat without any noticeable lag. We had a brief, awkward conversation, and Shine customized it by dragging the different faces around to her liking. She also created crude drawings (no offense Natasha!) that were shared with the other people in the chat.


Shine said each group has a unique identifying code that can be shared on social media or email. There’s no limit on group size, but only 12 people can join a group at once. And now that Android is supported, the groups can be cross-platform.


I wrote about Rounds earlier this year after it raised a $12 million funding round led by Sequoia. At the time, CEO Dany Fishel said the company has grown quickly to 25 million registered users thanks to a “100 percent shift to mobile.” It’s not just about talking, but also doing other things with your friends as you chat, like watching videos or playing games.


While the company is headquartered in Tel Aviv, Israel, there are plans to establish a US presence — starting with Shine herself, who will be moving to the San Francisco Bay Area later this year.






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Charlotte Russe - $5 flip flops

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Posted 43 minutes ago


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Watch the TNW team celebrate half a million Facebook Page Likes

We hit a milestone today at TNW; 500,000 Facebook Page Likes, and that’s no April Fools’ Day joke.


Thanks to everyone who got us there. And if you don’t already Like us on Facebook, well… you know what to do.


Here’s a video we put together to celebrate… and it shows us celebrating!





O.M.G! 500,000 Page Likes… DONEThanks for all your support on Facebook!With love, The Next Web team


Posted by The Next Web on Wednesday, April 1, 2015











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President Obama’s new Executive Order authorizes targeted sanctions against foreign cybersecurity threats

Recent cyberattacks, the Sony Pictures one in particular, have catalyzed a renewed look at how governments and companies deal with hacking, especially from foreign countries.


In light of this, President Obama has today signed an Executive Order which authorizes targeted sanctions against individuals or entities who threaten “national security, foreign policy economic health or financial stability” of the US. The move follows the White House’s establishment of the Cyber Threat Intelligence Integration Center in February to amass data from various government organizations.


In particular, the President says the sanctions are focused on oversea threats. Though diplomatic and law enforcement tools will still be used where possible, the President suggests the sanctions will help deal with the worst attacks.


The sanctions include freezing assets, cutting off their business with US companies and limiting “their ability to profit from their misdeeds.” And though the government is focusing primarily on those who engage in the cyberattacks, it will go after those who profit from them as well. The sanctions will serve as a deterrent to companies that use stolen trade secrets, for instance.


The President clarifies that the sanctions won’t affect the victims of cyber attacks (such as people who have their computers unwittingly used by botnets), nor the cybersecurity research community.


➤ A New Tool Against Cyber Threats








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