Otto news and trends

Ex-Microsoft Exec To Lead Apple Smart Home Unit
Apple // February 18, 2019

Sam Jadallah, the former CEO of defunct smart lock company Otto, has been hired to head up home initiatives — including HomePod and HomeKit — at Apple. The news comes after Apple recently acquired startup PullString, which specializes in voice-enabled toys and could help the...

Ex-Uber, Otto Exec’s Autonomous Truck Startup Snags $40M
Investments // August 08, 2018

Kodiak Robotics, a self-driving vehicle startup, announced that it raised $40 million in Series A funding, led by global investment firm Battery Ventures. CRV, Lightspeed Venture Partners and Tusk Ventures participated in the funding round as well. Battery Ventures General Partner Itzik Parnafes will join...

IKEA’s New CFO’s Strategy To Compete With Amazon
Retail // March 08, 2018

To evolve with changing shopping habits, IKEA has announced plans to keep up with or increase its heavy level of investment in eCommerce and brick-and-mortar efforts. The home furnishings retailer plans to grow its online business to compete with Amazon and add versions of its...

Waymo Must Reveal Lyft Deal Details To Uber, Court Says
Innovation // July 10, 2017

Waymo’s lawsuit against Uber is heating up. The Alphabet Inc.-owned self-driving car startup is suing the ride-hailing giant alleging theft of trade secrets and unfair competition. Reuters reports that, as of Friday, Waymo has been ordered to disclose due diligence documents about its recent deal...

Quick Reads
OTTO Payments Adopts Hawk AI Solutions for AML Compliance

December 14, 2023
OTTO Payments, the payments division serving the OTTO marketplace, has adopted Hawk AI’s solutions for anti-money laundering (AML) compliance. The organization will use Hawk AI’s Transaction Monitoring and Customer Screening technology, the companies said in a Tuesday (Dec. 12) press release. “Due to rapid growth, OTTO Payments was looking for a trusted provider that could […]

Ex-Microsoft Exec To Lead Apple Smart Home Unit

February 18, 2019
Sam Jadallah, the former CEO of defunct smart lock company Otto, has been hired to head up home initiatives — including HomePod and HomeKit — at Apple. The news comes...

Ex-Uber, Otto Exec’s Autonomous Truck Startup Snags $40M

August 08, 2018
Kodiak Robotics, a self-driving vehicle startup, announced that it raised $40 million in Series A funding, led by global investment firm Battery Ventures. CRV, Lightspeed Venture Partners and Tusk Ventures...

IKEA’s New CFO’s Strategy To Compete With Amazon

March 08, 2018
To evolve with changing shopping habits, IKEA has announced plans to keep up with or increase its heavy level of investment in eCommerce and brick-and-mortar efforts. The home furnishings retailer...