Weekly Refresh: NYC Reopening, Concourse Labs Raised $15.2M, and More

by Anna Holmquist
June 15, 2020
manhattan
Photo: Shutterstock

IBM to end facial recognition program. The company fears the technology will be used in mass surveillance and racial profiling. In 2019, IBM already discontinued ITS public-facing facial recognition model that was available for companies. [Built In NYC]

NYC reopening with the help of tech. Up to 400,000 workers could begin returning to jobs in the first phase of reopening, and technology is playing a role in helping them safely do so. StrongArm Technologies offers a device that helps companies monitor whether their employees are socially distancing. New infections are now down to about 500 per day. [NY Times]

Stadium launched SnackMagic. The service lets companies send free snacks directly to their employees who are working from home. Each company can set up a budget, and then each employee can browse the food and beverages to build their own snack stash. [Built In NYC]

Squire raised $34M. Its software platform helps with appointments, payroll and more for salons and barbershops. The Series B will help it meet demand as more businesses start to reopen. [Built In NYC]

Concourse Labs gained $15.2M. It helps enterprises move to the cloud safely and securely. ForgePoint Capital led the Series A round. [PRNewswire]

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