As noted by a blog post on the BufferBox blog and a report from the FinancialPost, Google confirmed today it has acquired two-year-old self-serve package pickup startup, Buffer Box, for an undisclosed sum. The Waterloo, Ontario based startup was previously working out of the Communitech Hub startup incubator, located downstairs from Google’s Waterloo offices.
FinancialPost explained how the BufferBox service works:
BufferBox’s service provides users with temporary lockers in central locations which can accept packages sent by online retailers. Users sign up for a BufferBox address, which is provided to the online merchant. When a parcel arrives at one of BufferBox’s self-serve kiosks, the users receives an email and can pick up their package using a one-time-use code. The locker can then be used to store a package from another user.
As for what Google plans to do with the company, Google Waterloo engineering director Steve Woods told FinancialPost it would “keep doing BufferBox” while saying there “real exciting space beyond this amazing start with boxes, and the idea of touching consumers as part of their end-to-end experience is something we’re going to explore together.”
Back in October we heard Google was testing a same-delivery service in San Francisco and even had plans to use self-driving cars in the pilot program. BufferBox could possibly play a role in Google’s future delivery services.
The BufferBox team, including founders Mike McCauley, Aditya Bali and Jay Shah, had this to say on the company’s blog: Read more