He described how an electronic cigarette could fool the computer into thinking a mouse or keyboard is attached. The researcher in the field of cybersecurity Ross Bevington had an interesting presentation at BSides London in 2017. Users either directly plug the device into the current through a special adapter or connect it to a USB port on a computer. How can your computer be hacked?Įlectronic cigarettes are battery-powered devices. I also learned that it’s easy to protect your device. What does my vaporizer have to do with viruses? I made a small media research and found out that this scenario is quite possible. It makes standards higher and products more transparent.When I first heard that e-cig can be exploited as an effective hacking tool to infect a PC, I thought that it was someone’s fib. “Regulation is a good thing in this space. “Our biggest challenge is safe consumer access,” said Vasan. (To be clear, this fictional acquisition is based strictly on my conjecture and not based on any evidence at all.) We want to provide more clarity around what that means.”Īs I said, Vasan was not keen on offering more, but this sounds like more of a data play than a combo software/hardware play, which leads me to believe that we may see an acquisition in Pax Labs’ future. These are all really awesome names for a band but not great to let you know what you’re consuming. They see names like ‘Lemon Haze’ and ‘Cherry Fizz’ and they don’t know what that is. “They may know that they’re a beer person or a wine person. “People know about different kinds of alcohol,” said Vasan. Pax wants to help, and believes it can do so through a combination of hardware and software, though Vasan wasn’t willing to go into details on the company’s forthcoming products and features. As cannabis becomes legal in more areas, the demographic seeking products in the space continues to grow. Looking forward, Pax has plans to give users more insight into taking the guesswork out of cannabis. It’s worth noting that Juul, the popular e-cigarette brand, and Pax Labs used to live under the same corporate umbrella before Pax Labs spun out of Juul in 2017. We are hiring and investing heavily in our people, who power PAX’s mission of establishing cannabis as a force for good. We aspire to be the gold standard for safety and good stewards of a product that enhances many people’s lives. This financing round allows us to invest in new products and new markets, including international growth in markets like Canada and exploring opportunities in hemp-based CBD extracts. PAX is investing heavily in growing its brand as well as developing innovative new products to scale and capture an enormous opportunity. Here’s what CEO Bharat Vasan said in a prepared statement: Since then, the company has created vaporizers for just about every corner of the space, including the PAX Era for concentrates and the PAX 3 for flower. Pax Labs launched in 2007 with the hopes of creating a cannabis vaporizer. The Information first reported the round, but we’ve confirmed the specific details, including funding amount and valuation. Pax Labs, the popular vape maker, has today confirmed the close of a $420 million equity round, including from existing investors Tiger Global Management and Tao Capital Partners, and new investors including Prescott General Partners.Ī Pax Labs spokesperson confirmed to TechCrunch that the post-money valuation for Pax Labs is $1.7 billion.
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