Mountain View, Calif. – Google said on Friday it has acquired BufferBox, the Canada-based developer of a service that lets users have online purchases shipped to special kiosks, where they can be accessed with PINs.
Financial terms of the deal were not disclosed.
“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,” a Google spokesperson told All Things D.
BufferBox, which is only the second Google Ventures -backed company to be acquired by Google, said its kiosks improve on an outdated parcel delivery system that often ships valuable merchandise to homes when buyers are at work. The same idea is behind the Amazon Locker Delivery service, which delivers purchases from Amazon to nearby physical locations.
The Y Combinator graduate startup initially launched a pilot program at the University of Waterloo two years ago, and has since rolled out its network of pick-up stations across the Toronto area. The Financial Post noted that BufferBox is located from Google’s regional office in a Communitech Hub building.
“We are happy to share that it will be business as usual for our users and we are looking forward to continuing to build out the service,” wrote BufferBox on its blog.
This article was also published in Bay Area Tech Wire. Chris Marlowe contributed to this version.
BufferBox – https://www.bufferbox.com
BufferBox blog – We’re joining Google!
Financial Post – Google snaps up Waterloo startup BufferBox
All Things D – Google Acquires Shopping Locker Service BufferBox