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Bits & Bytes | Google Glass, E-commerce, Rubikloud, The Black Tux

Bits & Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Google Glass | Source: Google
By
  • Kate Abnett

"Google to Stop Consumer Sales of Glass to Redesign Device" (The New York Times)
"Google will stop selling its Internet-connected eyewear to consumers until the company can develop a more polished and affordable version that's less likely to be viewed as a freakish device."

"What Changes at ModCloth and Nasty Gal Mean for E-commerce(TechCrunch)
"The industry is entering a new phase where successful players will look and behave more like retailers and less like tech startups."

"Rubikloud Raises $7 Million In Funding To Help Retailers Analyze Big Data" (TechCrunch)
"More and more retailers are learning the importance of big data and how it can be applied to improve sales, but few have the core expertise to understand how to gather, organize, and to analyze it."

"Online Tuxedo Rental Start-Up Raises $10 Million" (The New York Times)
"The Black Tux has raised about $10 million in new financing. The investment was led by First Round Capital, which will gain a seat on the start-up's board."

"Ringly Has Raised $5.1 Million To Make Cocktail Rings That Light Up When You Get A Notification(Business Insider)
"Ringly, a New York-based startup that creates an 18k-gold plated ring that connects to smartphones, has raised $5.1 million in a Series A funding round led by Andreessen Horowitz."

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