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'Connected' Barbershop Spins Off IoT Business

The connected barbershop that knows a customer’s name and chit-chat preferences as a customer walks in the door is moving beyond being a novelty retailer. The founders of Spruce realized everyone wants a piece of their technology. Taylor and Becca Romero said they will split the Internet of Things barbershop and menswear store in two, with one side focusing on hair and clothing, the other on licensing the technology to others. The realization came relatively quickly to the couple during the three-monthTarget + Techstars accelerator, which wrapped up in Minneapolis on Tuesday.

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