|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.
The many IoT deployments around the world are busy integrating smart devices and sensors into their enterprise IT infrastructures. Yet all of this technology – and there are an amazing number of choices – is of no use without the software to gather, communicate, and analyze the new data flows. Without software, there is no IT. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, Dave McCarthy, Director of Products at Bsquare Corporation; Alan Williamson, Principal...
Dec. 10, 2016 11:00 AM EST Reads: 687
Extracting business value from Internet of Things (IoT) data doesn’t happen overnight. There are several requirements that must be satisfied, including IoT device enablement, data analysis, real-time detection of complex events and automated orchestration of actions. Unfortunately, too many companies fall short in achieving their business goals by implementing incomplete solutions or not focusing on tangible use cases. In his general session at @ThingsExpo, Dave McCarthy, Director of Products...
Dec. 10, 2016 11:00 AM EST Reads: 1,005
Internet of @ThingsExpo has announced today that Chris Matthieu has been named tech chair of Internet of @ThingsExpo 2017 New York The 7th Internet of @ThingsExpo will take place on June 6-8, 2017, at the Javits Center in New York City, New York. Chris Matthieu is the co-founder and CTO of Octoblu, a revolutionary real-time IoT platform recently acquired by Citrix. Octoblu connects things, systems, people and clouds to a global mesh network allowing users to automate and control design flo...
Dec. 10, 2016 10:30 AM EST Reads: 903
Unsecured IoT devices were used to launch crippling DDOS attacks in October 2016, targeting services such as Twitter, Spotify, and GitHub. Subsequent testimony to Congress about potential attacks on office buildings, schools, and hospitals raised the possibility for the IoT to harm and even kill people. What should be done? Does the government need to intervene? This panel at @ThingExpo New York brings together leading IoT and security experts to discuss this very serious topic.
Dec. 10, 2016 10:15 AM EST Reads: 622
Businesses and business units of all sizes can benefit from cloud computing, but many don't want the cost, performance and security concerns of public cloud nor the complexity of building their own private clouds. Today, some cloud vendors are using artificial intelligence (AI) to simplify cloud deployment and management. In his session at 20th Cloud Expo, Ajay Gulati, Co-founder and CEO of ZeroStack, will discuss how AI can simplify cloud operations. He will cover the following topics: why clou...
Dec. 10, 2016 10:00 AM EST Reads: 1,081
In this strange new world where more and more power is drawn from business technology, companies are effectively straddling two paths on the road to innovation and transformation into digital enterprises. The first path is the heritage trail – with “legacy” technology forming the background. Here, extant technologies are transformed by core IT teams to provide more API-driven approaches. Legacy systems can restrict companies that are transitioning into digital enterprises. To truly become a lead...
Dec. 10, 2016 09:45 AM EST Reads: 628
Internet-of-Things discussions can end up either going down the consumer gadget rabbit hole or focused on the sort of data logging that industrial manufacturers have been doing forever. However, in fact, companies today are already using IoT data both to optimize their operational technology and to improve the experience of customer interactions in novel ways. In his session at @ThingsExpo, Gordon Haff, Red Hat Technology Evangelist, will share examples from a wide range of industries – includin...
Dec. 10, 2016 09:00 AM EST Reads: 1,783
The WebRTC Summit New York, to be held June 6-8, 2017, at the Javits Center in New York City, NY, announces that its Call for Papers is now open. Topics include all aspects of improving IT delivery by eliminating waste through automated business models leveraging cloud technologies. WebRTC Summit is co-located with 20th International Cloud Expo and @ThingsExpo. WebRTC is the future of browser-to-browser communications, and continues to make inroads into the traditional, difficult, plug-in web co...
Dec. 10, 2016 08:30 AM EST Reads: 1,508
"We build IoT infrastructure products - when you have to integrate different devices, different systems and cloud you have to build an application to do that but we eliminate the need to build an application. Our products can integrate any device, any system, any cloud regardless of protocol," explained Peter Jung, Chief Product Officer at Pulzze Systems, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 10, 2016 08:15 AM EST Reads: 1,262
Amazon has gradually rolled out parts of its IoT offerings in the last year, but these are just the tip of the iceberg. In addition to optimizing their back-end AWS offerings, Amazon is laying the ground work to be a major force in IoT – especially in the connected home and office. Amazon is extending its reach by building on its dominant Cloud IoT platform, its Dash Button strategy, recently announced Replenishment Services, the Echo/Alexa voice recognition control platform, the 6-7 strategic...
Dec. 10, 2016 04:15 AM EST Reads: 590
According to Forrester Research, every business will become either a digital predator or digital prey by 2020. To avoid demise, organizations must rapidly create new sources of value in their end-to-end customer experiences. True digital predators also must break down information and process silos and extend digital transformation initiatives to empower employees with the digital resources needed to win, serve, and retain customers.
Dec. 10, 2016 04:15 AM EST Reads: 1,394
We're entering the post-smartphone era, where wearable gadgets from watches and fitness bands to glasses and health aids will power the next technological revolution. With mass adoption of wearable devices comes a new data ecosystem that must be protected. Wearables open new pathways that facilitate the tracking, sharing and storing of consumers’ personal health, location and daily activity data. Consumers have some idea of the data these devices capture, but most don’t realize how revealing and...
Dec. 10, 2016 04:00 AM EST Reads: 5,322
IoT solutions exploit operational data generated by Internet-connected smart “things” for the purpose of gaining operational insight and producing “better outcomes” (for example, create new business models, eliminate unscheduled maintenance, etc.). The explosive proliferation of IoT solutions will result in an exponential growth in the volume of IoT data, precipitating significant Information Governance issues: who owns the IoT data, what are the rights/duties of IoT solutions adopters towards t...
Dec. 10, 2016 03:15 AM EST Reads: 515
Whether your IoT service is connecting cars, homes, appliances, wearable, cameras or other devices, one question hangs in the balance – how do you actually make money from this service? The ability to turn your IoT service into profit requires the ability to create a monetization strategy that is flexible, scalable and working for you in real-time. It must be a transparent, smoothly implemented strategy that all stakeholders – from customers to the board – will be able to understand and comprehe...
Dec. 10, 2016 02:15 AM EST Reads: 811
Complete Internet of Things (IoT) embedded device security is not just about the device but involves the entire product’s identity, data and control integrity, and services traversing the cloud. A device can no longer be looked at as an island; it is a part of a system. In fact, given the cross-domain interactions enabled by IoT it could be a part of many systems. Also, depending on where the device is deployed, for example, in the office building versus a factory floor or oil field, security ha...
Dec. 10, 2016 02:00 AM EST Reads: 671
An IoT product’s log files speak volumes about what’s happening with your products in the field, pinpointing current and potential issues, and enabling you to predict failures and save millions of dollars in inventory. But until recently, no one knew how to listen. In his session at @ThingsExpo, Dan Gettens, Chief Research Officer at OnProcess, discussed recent research by Massachusetts Institute of Technology and OnProcess Technology, where MIT created a new, breakthrough analytics model for s...
Dec. 10, 2016 01:30 AM EST Reads: 815
In his general session at 19th Cloud Expo, Manish Dixit, VP of Product and Engineering at Dice, discussed how Dice leverages data insights and tools to help both tech professionals and recruiters better understand how skills relate to each other and which skills are in high demand using interactive visualizations and salary indicator tools to maximize earning potential. Manish Dixit is VP of Product and Engineering at Dice. As the leader of the Product, Engineering and Data Sciences team at D...
Dec. 10, 2016 01:00 AM EST Reads: 1,284
"We're a cybersecurity firm that specializes in engineering security solutions both at the software and hardware level. Security cannot be an after-the-fact afterthought, which is what it's become," stated Richard Blech, Chief Executive Officer at Secure Channels, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 9, 2016 11:30 PM EST Reads: 1,168
Video experiences should be unique and exciting! But that doesn’t mean you need to patch all the pieces yourself. Users demand rich and engaging experiences and new ways to connect with you. But creating robust video applications at scale can be complicated, time-consuming and expensive. In his session at @ThingsExpo, Zohar Babin, Vice President of Platform, Ecosystem and Community at Kaltura, discussed how VPaaS enables you to move fast, creating scalable video experiences that reach your aud...
Dec. 9, 2016 10:00 PM EST Reads: 366
"Once customers get a year into their IoT deployments, they start to realize that they may have been shortsighted in the ways they built out their deployment and the key thing I see a lot of people looking at is - how can I take equipment data, pull it back in an IoT solution and show it in a dashboard," stated Dave McCarthy, Director of Products at Bsquare Corporation, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 9, 2016 09:30 PM EST Reads: 1,299