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
With tough new regulations coming to Europe on data privacy in May 2018, Calligo will explain why in reality the effect is global and transforms how you consider critical data. EU GDPR fundamentally rewrites the rules for cloud, Big Data and IoT. In his session at 21st Cloud Expo, Adam Ryan, Vice President and General Manager EMEA at Calligo, will examine the regulations and provide insight on how it affects technology, challenges the established rules and will usher in new levels of diligence...
SYS-CON Events announced today that Calligo, an innovative cloud service provider offering mid-sized companies the highest levels of data privacy and security, has been named "Bronze Sponsor" of SYS-CON's 21st International Cloud Expo ®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Calligo offers unparalleled application performance guarantees, commercial flexibility and a personalised support service from its globally located cloud plat...
SYS-CON Events announced today that Calligo has been named “Bronze Sponsor” of SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Calligo is an innovative cloud service provider offering mid-sized companies the highest levels of data privacy. Calligo offers unparalleled application performance guarantees, commercial flexibility and a personalized support service from its globally located cloud platfor...
What sort of WebRTC based applications can we expect to see over the next year and beyond? One way to predict development trends is to see what sorts of applications startups are building. In his session at @ThingsExpo, Arin Sime, founder of WebRTC.ventures, discussed the current and likely future trends in WebRTC application development based on real requests for custom applications from real customers, as well as other public sources of information.
FinTechs use the cloud to operate at the speed and scale of digital financial activity, but are often hindered by the complexity of managing security and compliance in the cloud. In his session at 20th Cloud Expo, Sesh Murthy, co-founder and CTO of Cloud Raxak, showed how proactive and automated cloud security enables FinTechs to leverage the cloud to achieve their business goals. Through business-driven cloud security, FinTechs can speed time-to-market, diminish risk and costs, maintain continu...
SYS-CON Events announced today that SkyScale will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. SkyScale is a world-class provider of cloud-based, ultra-fast multi-GPU hardware platforms for lease to customers desiring the fastest performance available as a service anywhere in the world. SkyScale builds, configures, and manages dedicated systems strategically located in maximum-securit...
21st International Cloud Expo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Me...
SYS-CON Events announced today that DXWorldExpo has been named “Global Sponsor” of SYS-CON's 21st International Cloud Expo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Digital Transformation is the key issue driving the global enterprise IT business. Digital Transformation is most prominent among Global 2000 enterprises and government institutions.
SYS-CON Events announced today that Datera, that offers a radically new data management architecture, has been named "Exhibitor" of SYS-CON's 21st International Cloud Expo ®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Datera is transforming the traditional datacenter model through modern cloud simplicity. The technology industry is at another major inflection point. The rise of mobile, the Internet of Things, data storage and Big...
"With Digital Experience Monitoring what used to be a simple visit to a web page has exploded into app on phones, data from social media feeds, competitive benchmarking - these are all components that are only available because of some type of digital asset," explained Leo Vasiliou, Director of Web Performance Engineering at Catchpoint Systems, in this SYS-CON.tv interview at DevOps Summit at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"Outscale was founded in 2010, is based in France, is a strategic partner to Dassault Systémes and has done quite a bit of work with divisions of Dassault," explained Jackie Funk, Digital Marketing exec at Outscale, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"We were founded in 2003 and the way we were founded was about good backup and good disaster recovery for our clients, and for the last 20 years we've been pretty consistent with that," noted Marc Malafronte, Territory Manager at StorageCraft, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"DivvyCloud as a company set out to help customers automate solutions to the most common cloud problems," noted Jeremy Snyder, VP of Business Development at DivvyCloud, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
Kubernetes is an open source system for automating deployment, scaling, and management of containerized applications. Kubernetes was originally built by Google, leveraging years of experience with managing container workloads, and is now a Cloud Native Compute Foundation (CNCF) project. Kubernetes has been widely adopted by the community, supported on all major public and private cloud providers, and is gaining rapid adoption in enterprises. However, Kubernetes may seem intimidating and complex ...
While the focus and objectives of IoT initiatives are many and diverse, they all share a few common attributes, and one of those is the network. Commonly, that network includes the Internet, over which there isn't any real control for performance and availability. Or is there? The current state of the art for Big Data analytics, as applied to network telemetry, offers new opportunities for improving and assuring operational integrity. In his session at @ThingsExpo, Jim Frey, Vice President of S...