Liz Gannes

Recent Posts by Liz Gannes

Google Acquires Shopping Locker Service BufferBox

Google has acquired BufferBox, an e-commerce shopping locker start-up. BufferBox will continue to offer its service, which is currently free.

One notable aspect of the acquisition is that it is only the second time Google has purchased a Google Ventures portfolio company. The previous such deal was for Milk, Kevin Rose’s mobile start-up. Rose is now a partner at Google Ventures, and he was the one who led the investment into BufferBox.

But this isn’t just some Silicon Valley insider deal. BufferBox — which did complete the Mountain View, Calif.-based Y Combinator program — is actually based in Waterloo, Ont., where its 10-person team will be moving within the same building to Google’s local office.

Said a Google spokesperson, “We want to remove as much friction as possible from the shopping experience, while helping consumers save time and money, and we think the BufferBox team has a lot of great ideas around how to do that.”

BufferBox faces much competition in its efforts toward quicker and more convenient e-commerce deliveries, from the likes of Amazon, eBay, ShopRunner and the UPS-backed Shutl.


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I think the NSA has a job to do and we need the NSA. But as (physicist) Robert Oppenheimer said, “When you see something that is technically sweet, you go ahead and do it and argue about what to do about it only after you’ve had your technical success. That is the way it was with the atomic bomb.”

— Phil Zimmerman, PGP inventor and Silent Circle co-founder, in an interview with Om Malik