|By Business Wire||
|November 29, 2012 04:31 PM EST||
Looking for the next KlickNation, Serious Magic or MaxPreps? Those Sacramento / Northern California companies turned a clever idea and hard work into multimillion-dollar businesses – and hefty paydays for their founders and investors when they were sold.
Similar to the “Demo Day” events run by TechStars and Ycombinator, 10 entrepreneurs will detail their business plans in hopes of connecting with angel and venture-capital dollars during the finale of the third annual Entrepreneurs Showcase. The event is scheduled from 4:30 p.m. to 7:30 p.m. Dec. 6 at the Lecture Hall at the University of the Pacific McGeorge School of Law in Sacramento. The showcase is hosted by Velocity Venture Capital and is free, but seating is limited. For more information and to RSVP, see http://www.velocityvc.com/zmail/showcase/showcase-2012.html and email [email protected].
The event allows venture capitalists, corporate venture groups and angel investors to hear pitches and learn more about the most-promising tech companies in Sacramento/Northern California. Leading up to this final event, national guest speakers and a panel of top-tier investors have highlighted the seven-month program to help advise startups and connect them with much-needed capital to grow their businesses.
The keynote speaker for the December event is Robert Wiltbank, Ph.D., who is widely regarded as a global expert on angel investing performance and entrepreneurial strategy. Wiltbank is a professor at the Atkinson Graduate School of Management at Willamette University in Salem, Ore., where he teaches courses on New Venture Creation, Strategic Management and Industry Analysis. He is a Batten Institute Research Fellow with the Darden School at the University of Virginia, serves on the editorial board of the Journal of Business Venturing and the board of directors of the Angel Resource Institute.
“Our efforts with the Entrepreneurs Showcase are focused on inspiring, educating and capitalizing entrepreneurs with bold ideas to create big businesses,” said Jack Crawford Jr., General Partner of Velocity Venture Capital in Folsom. “By sharing our experiences and connecting these entrepreneurs to capital sources, we hope to accelerate their path from idea to product to company to ticker symbol.”
Dell, Oracle, Samsung, Silicon Valley Bank and Bank of America are supporting partners of the showcase. The National Venture Capital Association and the Kauffman Fellows Program – a nonprofit dedicated to fostering entrepreneurship and training leaders from the venture capital industry in capital formation – are also collaborating with Velocity Venture Capital on the Entrepreneurs Showcase, along with the University of the Pacific.
“The growing amount of investment and entrepreneurial activity in the Sacramento area offers a tremendous amount of economic promise for the region and we look forward to watching the progress east of Silicon Valley,” said Mark Heesen, President of the National Venture Capital Association. “Velocity Venture Capital has been an active member of the NVCA from a market and policy perspective, and we applaud its efforts to put the Sacramento / Northern California region on the map with venture capital firms and entrepreneurs alike.”
Here is a list of the presenting companies:
Emtrain – A software company that brings together the best of training delivery technology along with tremendous instructional design and training experience to create highly effective content, delivered on a state-of-the-art, powerful enterprise training system.
innerVid – A fully customizable, embeddable, shareable online video player that can be spread through the website of an organization, email, blogs, social media and online ad buys.
Locable -- A nationwide network of local community websites working with affiliates (local magazine publishers) to create a “Main Street for the 21st Century.”
MOVL – A software company driving innovation in the social television application revolution by creating connectivity between smartphones and smart TVs.
Pondera Solutions -- Combines Google’s massive computing power and advanced predictive analytics to help solve the problem of fraud, waste and abuse in government benefits programs.
Postcards Anywhere -- Puts the touch back in “keeping in touch” by allowing users to easily send traditional printed postcards from smartphones.
Snippet -- A mobile publishing platform powered by short form content to transform the way people share short stories and ideas.
Proximity Solutions -- An end-to-end B2C mobile marketing solution for restaurants, bars and entertainment venues to promote their daily specials.
SO:KNO – Leverages the Internet to provide efficient access to the best people and best knowledge on any topic. “Knowledge Simplified.”
Wijit -- A unique lever driving and braking system that simply makes the manual wheelchair better. The Wijit allows users to travel further with less effort by amplifying the user’s pushing power by over 45%.
“Silicon Valley is expanding north into San Francisco and east into Sacramento,” said Mr. Crawford. “The Sacramento / Northern California region continues to produce a steady flow of interesting new companies that have ready access to some of the best technical talent, management and capital sources in the world.”
In addition to working with the NVCA, Kauffman Fellow Program and others at the national level, Velocity Venture Capital has partnered at the local level with the City and County of Sacramento, the Entrepreneurs’ Organization, the Sacramento Area Commerce and Trade Organization, Hacker Lab and the Sacramento Area Regional Technology Alliance.
About Velocity Venture Capital
Velocity Venture Capital is a seed and early-stage venture capital firm that invests in information technology companies as they converge with key market sectors such as Security, Medical, Energy and Education. Velocity works to identify and partner with smart, persistent and bold entrepreneurs to build world-class companies in the U.S. with special attention to companies located in Sacramento / Northern California. The firm is headquartered in the Sacramento region, just east of Silicon Valley. For more information, please visit www.velocityvc.com.
There will be 20 billion IoT devices connected to the Internet soon. What if we could control these devices with our voice, mind, or gestures? What if we could teach these devices how to talk to each other? What if these devices could learn how to interact with us (and each other) to make our lives better? What if Jarvis was real? How can I gain these super powers? In his session at 17th Cloud Expo, Chris Matthieu, co-founder and CTO of Octoblu, will show you!
Oct. 10, 2015 11:00 AM EDT Reads: 121
Developing software for the Internet of Things (IoT) comes with its own set of challenges. Security, privacy, and unified standards are a few key issues. In addition, each IoT product is comprised of at least three separate application components: the software embedded in the device, the backend big-data service, and the mobile application for the end user's controls. Each component is developed by a different team, using different technologies and practices, and deployed to a different stack/target - this makes the integration of these separate pipelines and the coordination of software upd...
Oct. 10, 2015 11:00 AM EDT Reads: 327
As a company adopts a DevOps approach to software development, what are key things that both the Dev and Ops side of the business must keep in mind to ensure effective continuous delivery? In his session at DevOps Summit, Mark Hydar, Head of DevOps, Ericsson TV Platforms, will share best practices and provide helpful tips for Ops teams to adopt an open line of communication with the development side of the house to ensure success between the two sides.
Oct. 10, 2015 11:00 AM EDT Reads: 641
Mobile messaging has been a popular communication channel for more than 20 years. Finnish engineer Matti Makkonen invented the idea for SMS (Short Message Service) in 1984, making his vision a reality on December 3, 1992 by sending the first message ("Happy Christmas") from a PC to a cell phone. Since then, the technology has evolved immensely, from both a technology standpoint, and in our everyday uses for it. Originally used for person-to-person (P2P) communication, i.e., Sally sends a text message to Betty – mobile messaging now offers tremendous value to businesses for customer and empl...
Oct. 10, 2015 10:15 AM EDT Reads: 339
SYS-CON Events announced today that Sandy Carter, IBM General Manager Cloud Ecosystem and Developers, and a Social Business Evangelist, will keynote at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA.
Oct. 10, 2015 10:00 AM EDT Reads: 134
The IoT market is on track to hit $7.1 trillion in 2020. The reality is that only a handful of companies are ready for this massive demand. There are a lot of barriers, paint points, traps, and hidden roadblocks. How can we deal with these issues and challenges? The paradigm has changed. Old-style ad-hoc trial-and-error ways will certainly lead you to the dead end. What is mandatory is an overarching and adaptive approach to effectively handle the rapid changes and exponential growth.
Oct. 10, 2015 10:00 AM EDT Reads: 259
The IoT is upon us, but today’s databases, built on 30-year-old math, require multiple platforms to create a single solution. Data demands of the IoT require Big Data systems that can handle ingest, transactions and analytics concurrently adapting to varied situations as they occur, with speed at scale. In his session at @ThingsExpo, Chad Jones, chief strategy officer at Deep Information Sciences, will look differently at IoT data so enterprises can fully leverage their IoT potential. He’ll share tips on how to speed up business initiatives, harness Big Data and remain one step ahead by apply...
Oct. 10, 2015 09:00 AM EDT Reads: 644
Today air travel is a minefield of delays, hassles and customer disappointment. Airlines struggle to revitalize the experience. GE and M2Mi will demonstrate practical examples of how IoT solutions are helping airlines bring back personalization, reduce trip time and improve reliability. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Dr. Sarah Cooper, M2Mi's VP Business Development and Engineering, will explore the IoT cloud-based platform technologies driving this change including privacy controls, data transparency and integration of real time context w...
Oct. 10, 2015 09:00 AM EDT Reads: 161
WebRTC converts the entire network into a ubiquitous communications cloud thereby connecting anytime, anywhere through any point. In his session at WebRTC Summit,, Mark Castleman, EIR at Bell Labs and Head of Future X Labs, will discuss how the transformational nature of communications is achieved through the democratizing force of WebRTC. WebRTC is doing for voice what HTML did for web content.
Oct. 10, 2015 09:00 AM EDT Reads: 1,444
"Matrix is an ambitious open standard and implementation that's set up to break down the fragmentation problems that exist in IP messaging and VoIP communication," explained John Woolf, Technical Evangelist at Matrix, in this SYS-CON.tv interview at @ThingsExpo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Oct. 10, 2015 07:00 AM EDT Reads: 5,951
WebRTC has had a real tough three or four years, and so have those working with it. Only a few short years ago, the development world were excited about WebRTC and proclaiming how awesome it was. You might have played with the technology a couple of years ago, only to find the extra infrastructure requirements were painful to implement and poorly documented. This probably left a bitter taste in your mouth, especially when things went wrong.
Oct. 10, 2015 06:00 AM EDT Reads: 829
The broad selection of hardware, the rapid evolution of operating systems and the time-to-market for mobile apps has been so rapid that new challenges for developers and engineers arise every day. Security, testing, hosting, and other metrics have to be considered through the process. In his session at Big Data Expo, Walter Maguire, Chief Field Technologist, HP Big Data Group, at Hewlett-Packard, will discuss the challenges faced by developers and a composite Big Data applications builder, focusing on how to help solve the problems that developers are continuously battling.
Oct. 10, 2015 04:00 AM EDT Reads: 524
Nowadays, a large number of sensors and devices are connected to the network. Leading-edge IoT technologies integrate various types of sensor data to create a new value for several business decision scenarios. The transparent cloud is a model of a new IoT emergence service platform. Many service providers store and access various types of sensor data in order to create and find out new business values by integrating such data.
Oct. 10, 2015 04:00 AM EDT Reads: 611
There are so many tools and techniques for data analytics that even for a data scientist the choices, possible systems, and even the types of data can be daunting. In his session at @ThingsExpo, Chris Harrold, Global CTO for Big Data Solutions for EMC Corporation, will show how to perform a simple, but meaningful analysis of social sentiment data using freely available tools that take only minutes to download and install. Participants will get the download information, scripts, and complete end-to-end walkthrough of the analysis from start to finish. Participants will also be given the pract...
Oct. 10, 2015 03:00 AM EDT Reads: 344
WebRTC: together these advances have created a perfect storm of technologies that are disrupting and transforming classic communications models and ecosystems. In his session at WebRTC Summit, Cary Bran, VP of Innovation and New Ventures at Plantronics and PLT Labs, will provide an overview of this technological shift, including associated business and consumer communications impacts, and opportunities it may enable, complement or entirely transform.
Oct. 10, 2015 02:15 AM EDT Reads: 775
SYS-CON Events announced today that Dyn, the worldwide leader in Internet Performance, will exhibit at SYS-CON's 17th International Cloud Expo®, which will take place on November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Dyn is a cloud-based Internet Performance company. Dyn helps companies monitor, control, and optimize online infrastructure for an exceptional end-user experience. Through a world-class network and unrivaled, objective intelligence into Internet conditions, Dyn ensures traffic gets delivered faster, safer, and more reliably than ever.
Oct. 10, 2015 02:00 AM EDT Reads: 665
WebRTC services have already permeated corporate communications in the form of videoconferencing solutions. However, WebRTC has the potential of going beyond and catalyzing a new class of services providing more than calls with capabilities such as mass-scale real-time media broadcasting, enriched and augmented video, person-to-machine and machine-to-machine communications. In his session at @ThingsExpo, Luis Lopez, CEO of Kurento, will introduce the technologies required for implementing these ideas and some early experiments performed in the Kurento open source software community in areas ...
Oct. 10, 2015 01:00 AM EDT Reads: 791
Too often with compelling new technologies market participants become overly enamored with that attractiveness of the technology and neglect underlying business drivers. This tendency, what some call the “newest shiny object syndrome,” is understandable given that virtually all of us are heavily engaged in technology. But it is also mistaken. Without concrete business cases driving its deployment, IoT, like many other technologies before it, will fade into obscurity.
Oct. 10, 2015 12:00 AM EDT Reads: 188
Who are you? How do you introduce yourself? Do you use a name, or do you greet a friend by the last four digits of his social security number? Assuming you don’t, why are we content to associate our identity with 10 random digits assigned by our phone company? Identity is an issue that affects everyone, but as individuals we don’t spend a lot of time thinking about it. In his session at @ThingsExpo, Ben Klang, Founder & President of Mojo Lingo, will discuss the impact of technology on identity. Should we federate, or not? How should identity be secured? Who owns the identity? How is identity ...
Oct. 9, 2015 10:00 PM EDT Reads: 458
The buzz continues for cloud, data analytics and the Internet of Things (IoT) and their collective impact across all industries. But a new conversation is emerging - how do companies use industry disruption and technology enablers to lead in markets undergoing change, uncertainty and ambiguity? Organizations of all sizes need to evolve and transform, often under massive pressure, as industry lines blur and merge and traditional business models are assaulted and turned upside down. In this new data-driven world, marketplaces reign supreme while interoperability, APIs and applications deliver un...
Oct. 9, 2015 08:00 PM EDT Reads: 326