Welcome!

News Feed Item

Velocity Venture Capital Launches Entrepreneurs Campus for Sacramento Area Innovators

Velocity Venture Capital, the premier venture capital firm in the greater Sacramento / Northern California region, announced the grand opening of its Entrepreneurs Campus that seeks to stimulate a burgeoning technology ecosystem.

The one-acre campus originally housed Folsom’s first elementary school, which opened in 1912 and is being repurposed for the 21st Century era of technology and innovation. It is designed to serve as a launch pad for efforts to ignite, accelerate, and capitalize new ventures throughout the region and has the potential to create billions in new revenue and thousands of new jobs.

Jack Crawford, General Partner of Velocity Venture Capital, touted the region’s potential for economic growth:

We are thrilled to be investing in the promise offered by the Sacramento / Northern California area, which has been home to more than $5.7 billion in tech-based IPOs or sales in little more than a decade. Our Entrepreneurs Campus holds true to our firm’s core belief in investing in this area, its people and their ideas, which will create a lasting impact that will stand the test of time.

Our Entrepreneurs Campus will be the driver for attracting even more investment to the region. Today’s launch demonstrates our belief that this region is truly a hidden gem for investors and entrepreneurs alike.

Bobby Franklin, President and CEO of the National Venture Capital Association (NVCA), praised Velocity’s leadership, saying the creation of a campus for aspiring entrepreneurs in an up-and-coming tech ecosystem will help lead to greater prosperity for investors and innovators:

The foundation Velocity Venture Capital is building has the potential to reshape the economic outlook in the Sacramento region in a big way and could serve as a model for future efforts across the country. This unique ability to think big for every stakeholder, whether entrepreneur, investor or community member goes above and beyond the traditional role of the VC in the creation of this new, innovation economy.

Phil Wickham, President and CEO of the Kauffman Fellows Program, a leadership development program for leading venture capitalists, hailed Velocity Venture Capital for the firm’s willingness to embrace the pay it forward mentality so prevalent in the technology industry:

The creation of the Entrepreneurs Campus is a monumental step toward the creation of Sacramento as a force in California’s tech revolution. Creating a collaborative environment for entrepreneurs, investors and corporate venture funds to interact will certainly springboard the entrepreneurial community into the upper echelon.

The Entrepreneurs Campus will host the ongoing Entrepreneurs Showcase developed by Velocity Venture Capital. Since its inception in 2010, the Entrepreneurs Showcase program has included mentorship for more than 70 companies, including Snippet, a publishing app for writers, Pondera, a software security company focused on the government sector, SmartCase, a mobile phone case that consolidates your wallet and more into an elegant storage device, and CirrusMD, a mobile software platform that connects doctors and patients.

Sponsors and partners of the Entrepreneurs Showcase and Campus include: National Venture Capital Association, Kauffman Fellows Program, Samsung, Dell, Oracle, Silicon Valley Bank, AT&T, Bank of America, Calinnovates, University of Pacific, Folsom Cordova Unified School District, FedCorp and a number of other key influencers in California’s technology ecosystem.

Velocity is now accepting applications for the Entrepreneurs Showcase at: http://www.velocityvc.com/entrepreneurs-showcase/

To learn more about Velocity, visit www.velocityvc.com.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Amazon started as an online bookseller 20 years ago. Since then, it has evolved into a technology juggernaut that has disrupted multiple markets and industries and touches many aspects of our lives. It is a relentless technology and business model innovator driving disruption throughout numerous ecosystems. Amazon’s AWS revenues alone are approaching $16B a year making it one of the largest IT companies in the world. With dominant offerings in Cloud, IoT, eCommerce, Big Data, AI, Digital Assista...
Existing Big Data solutions are mainly focused on the discovery and analysis of data. The solutions are scalable and highly available but tedious when swapping in and swapping out occurs in disarray and thrashing takes place. The resolution for thrashing through machine learning algorithms and support nomenclature is through simple techniques. Organizations that have been collecting large customer data are increasingly seeing the need to use the data for swapping in and out and thrashing occurs ...
While some vendors scramble to create and sell you a fancy solution for monitoring your spanking new Amazon Lambdas, hear how you can do it on the cheap using just built-in Java APIs yourself. By exploiting a little-known fact that Lambdas aren’t exactly single threaded, you can effectively identify hot spots in your serverless code. In his session at 20th Cloud Expo, David Martin, Principal Product Owner at CA Technologies, will give a live demonstration and code walkthrough, showing how to ov...
New competitors, disruptive technologies, and growing expectations are pushing every business to both adopt and deliver new digital services. This ‘Digital Transformation’ demands rapid delivery and continuous iteration of new competitive services via multiple channels, which in turn demands new service delivery techniques – including DevOps. In this power panel at @DevOpsSummit 20th Cloud Expo, moderated by DevOps Conference Co-Chair Andi Mann, panelists will examine how DevOps helps to meet th...
SYS-CON Events announced today that Outscale, a global pure play Infrastructure as a Service provider and strategic partner of Dassault Systèmes, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 2010, Outscale simplifies infrastructure complexities and boosts the business agility of its customers. Outscale delivers a secure, reliable and industrial strength solution for its customers, which in...
SYS-CON Events announced today that A&I Solutions has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 1999, A&I Solutions is a leading information technology (IT) software and services provider focusing on best-in-class enterprise solutions. By partnering with industry leaders in technology, A&I assures customers high performance levels across all IT environments including: mai...
SYS-CON Events announced today that Cloudistics, an on-premises cloud computing company, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Cloudistics delivers a complete public cloud experience with composable on-premises infrastructures to medium and large enterprises. Its software-defined technology natively converges network, storage, compute, virtualization, and management into a ...
In order to meet the rapidly changing demands of today’s customers, companies are continually forced to redefine their business strategies in order to meet these needs, stay relevant and continue to see profitable growth. IoT deployment and development is integral in this transformation, and today businesses are increasingly seeing the value of investing their resources into IoT deployments. These technologies are able increase ROI through projects such as connecting supply chains or enabling sm...
Every successful software product evolves from an idea to an enterprise system. Notably, the same way is passed by the product owner's company. In his session at 20th Cloud Expo, Oleg Lola, CEO of MobiDev, will provide a generalized overview of the evolution of a software product, the product owner, the needs that arise at various stages of this process, and the value brought by a software development partner to the product owner as a response to these needs.
SYS-CON Events announced today that EARP will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. "We are a software house, so we perfectly understand challenges that other software houses face in their projects. We can augment a team, that will work with the same standards and processes as our partners' internal teams. Our teams will deliver the same quality within the required time and budget just as our partn...
SYS-CON Events announced today that Interoute, owner-operator of one of Europe's largest networks and a global cloud services platform, has been named “Bronze Sponsor” of SYS-CON's 20th Cloud Expo, which will take place on June 6-8, 2017 at the Javits Center in New York, New York. Interoute is the owner-operator of one of Europe's largest networks and a global cloud services platform which encompasses 12 data centers, 14 virtual data centers and 31 colocation centers, with connections to 195 add...
SYS-CON Events announced today that Tappest will exhibit MooseFS at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. MooseFS is a breakthrough concept in the storage industry. It allows you to secure stored data with either duplication or erasure coding using any server. The newest – 4.0 version of the software enables users to maintain the redundancy level with even 50% less hard drive space required. The software func...
SYS-CON Events announced today that delaPlex will exhibit at SYS-CON's @ThingsExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. delaPlex pioneered Software Development as a Service (SDaaS), which provides scalable resources to build, test, and deploy software. It’s a fast and more reliable way to develop a new product or expand your in-house team.
Most technology leaders, contemporary and from the hardware era, are reshaping their businesses to do software in the hope of capturing value in IoT. Although IoT is relatively new in the market, it has already gone through many promotional terms such as IoE, IoX, SDX, Edge/Fog, Mist Compute, etc. Ultimately, irrespective of the name, it is about deriving value from independent software assets participating in an ecosystem as one comprehensive solution.
SYS-CON Events announced today that Systena America will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Systena Group has been in business for various software development and verification in Japan, US, ASEAN, and China by utilizing the knowledge we gained from all types of device development for various industries including smartphones (Android/iOS), wireless communication, security technology and IoT serv...