|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.
SYS-CON Events announced today that Super Micro Computer, Inc., a global leader in high-performance, high-efficiency server, storage technology and green computing, will exhibit 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. Supermicro (NASDAQ: SMCI), the leading innovator in high-performance, high-efficiency server technology is a premier provider of advanced server Building Block Solutions® for Data Center, Cloud Computing, Enterprise IT, Hadoop/Big Data, HPC and Embedded Systems worldwide. Supermi...
Oct. 13, 2015 09:30 AM EDT Reads: 204
As more intelligent IoT applications shift into gear, they’re merging into the ever-increasing traffic flow of the Internet. It won’t be long before we experience bottlenecks, as IoT traffic peaks during rush hours. Organizations that are unprepared will find themselves by the side of the road unable to cross back into the fast lane. As billions of new devices begin to communicate and exchange data – will your infrastructure be scalable enough to handle this new interconnected world?
Oct. 13, 2015 08:00 AM EDT
"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. 13, 2015 07:00 AM EDT Reads: 6,010
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. 13, 2015 04:00 AM EDT Reads: 684
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. 13, 2015 03:00 AM EDT Reads: 261
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. 13, 2015 03:00 AM EDT Reads: 409
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. 13, 2015 12:45 AM EDT Reads: 854
Electric power utilities face relentless pressure on their financial performance, and reducing distribution grid losses is one of the last untapped opportunities to meet their business goals. Combining IoT-enabled sensors and cloud-based data analytics, utilities now are able to find, quantify and reduce losses faster – and with a smaller IT footprint. Solutions exist using Internet-enabled sensors deployed temporarily at strategic locations within the distribution grid to measure actual line loads.
Oct. 13, 2015 12:00 AM EDT Reads: 276
“In the past year we've seen a lot of stabilization of WebRTC. You can now use it in production with a far greater degree of certainty. A lot of the real developments in the past year have been in things like the data channel, which will enable a whole new type of application," explained Peter Dunkley, Technical Director at Acision, in this SYS-CON.tv interview at @ThingsExpo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Oct. 12, 2015 11:15 PM EDT Reads: 7,128
The Internet of Everything is re-shaping technology trends–moving away from “request/response” architecture to an “always-on” Streaming Web where data is in constant motion and secure, reliable communication is an absolute necessity. As more and more THINGS go online, the challenges that developers will need to address will only increase exponentially. In his session at @ThingsExpo, Todd Greene, Founder & CEO of PubNub, will explore the current state of IoT connectivity and review key trends and technology requirements that will drive the Internet of Things from hype to reality.
Oct. 12, 2015 10:15 PM EDT Reads: 317
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. 12, 2015 08:45 PM EDT Reads: 276
Today’s connected world is moving from devices towards things, what this means is that by using increasingly low cost sensors embedded in devices we can create many new use cases. These span across use cases in cities, vehicles, home, offices, factories, retail environments, worksites, health, logistics, and health. These use cases rely on ubiquitous connectivity and generate massive amounts of data at scale. These technologies enable new business opportunities, ways to optimize and automate, along with new ways to engage with users.
Oct. 12, 2015 06:00 PM EDT Reads: 265
Through WebRTC, audio and video communications are being embedded more easily than ever into applications, helping carriers, enterprises and independent software vendors deliver greater functionality to their end users. With today’s business world increasingly focused on outcomes, users’ growing calls for ease of use, and businesses craving smarter, tighter integration, what’s the next step in delivering a richer, more immersive experience? That richer, more fully integrated experience comes about through a Communications Platform as a Service which allows for messaging, screen sharing, video...
Oct. 12, 2015 05:30 PM EDT Reads: 1,230
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo in Silicon Valley. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal an...
Oct. 12, 2015 04:30 PM EDT Reads: 200
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. 12, 2015 03:00 PM EDT Reads: 1,489
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. 12, 2015 03:00 PM EDT Reads: 248
The Internet of Things (IoT) is growing rapidly by extending current technologies, products and networks. By 2020, Cisco estimates there will be 50 billion connected devices. Gartner has forecast revenues of over $300 billion, just to IoT suppliers. Now is the time to figure out how you’ll make money – not just create innovative products. With hundreds of new products and companies jumping into the IoT fray every month, there’s no shortage of innovation. Despite this, McKinsey/VisionMobile data shows "less than 10 percent of IoT developers are making enough to support a reasonably sized team....
Oct. 12, 2015 01:00 PM EDT Reads: 340
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. 12, 2015 01:00 PM EDT Reads: 695
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. 12, 2015 12:00 PM EDT Reads: 337
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. 12, 2015 12:00 PM EDT Reads: 301