Welcome!

News Feed Item

Steve Case Announces $1M Investment in “Rise of the Rest” Companies

Yesterday, at the first ever Google for Entrepreneurs Demo Day, Steve Case, chairman and CEO of Revolution and co-founder of AOL, surprised the ten participating entrepreneurs with an announcement that he intends to invest $100K in each of their companies during their next fundraising rounds.

The Demo Day brought together ten selected startups from Google’s seven-city North American Tech Hub Network to pitch their companies to an audience of more than 60 investors, and receive feedback from panelists, which included Case, Steph Palmeri (SoftTech VC), and MG Siegler (Google Ventures).

“I’ve long known that great startups can be found everywhere, and not just in Silicon Valley,” said Case. “I was so inspired by the consistent quality of each of the pitches that I made an on-the-spot decision to support each company.”

“Each of the seven regions represented by the companies who participated yesterday show huge promise as part of a ‘rise of the rest’ in growing entrepreneurial ecosystems in North America. I hope my investment will be just the start of a growing flow of venture capital dollars to new regions,” Case went on to say.

"This generous funding exceeded our expectations for our first-ever Google for Entrepreneurs demo day. We believe innovation happens everywhere, and this vote of confidence proves that great teams are building strong companies across the continent. We are extremely proud of our Tech Hub Network and all the participating startups, we know this is just the beginning," said Mary Grove, Director of Google for Entrepreneurs.

The companies participating in the Google for Entrepreneurs Demo Day include:

Automated Insights (Durham, N.C.) – Automated Insights’ patented Wordsmith platform transforms Big Data into narrative reports by spotting patterns, correlations and key insights in the data and then describing them plain English.

Docalytics (Minneapolis, Minn.) – The Docalytics platform lets sales and marketing professionals track how individual prospects and groups of prospective customers interact with their company's downloadable content. Understanding and acting on this information helps businesses capture more leads, convert those leads into sales, and create better, more engaging content.

GoSpotCheck (Denver, Colo.) – GoSpotCheck is a B2B SaaS product that allows field teams to collect, structure and analyze retail intelligence. The company’s native Android and iOS apps enable field team members to capture data quickly, while their web app instantly aggregates data for management in easy to understand charts and visuals.

Kidizen (Minneapolis, Minn.) – Kidizen is a mobile marketplace for parents to buy and sell pre-owned children's clothing, accessories, and more. The app lets users set up filters for different types of merchandise and get updates on listings from other parents they follow. They can also take pictures of clothes, add product details, name their price and keep track of all transactions from a personalized shop.

InvisionHeart (Nasvhille, Tenn.) – InvisionHeart is a mobile hardware and cloud system that allows networks of physicians, nurses, technicians, and billing specialists to securely access and annotate patient ECG tracings via a smartphone or tablet.

iRule (Detroit, Mich.) – iRule is the award winning cloud and mobile based control and automation platform that runs on iOS and Android devices and controls audio/video, lights, shades, and more in the home and the business. The drag-and-drop cloud-based setup and configuration means no “programming”, and no expensive or proprietary hardware is necessary.

MarkITx (Chicago, Ill.) – MarkITx is the first online exchange for trading enterprise IT hardware. Using predictive algorithms to establish fair-market value and an intelligent matching system that connects buyers and sellers in real time, MarkITx helps businesses determine the optimal time to refresh their equipment and recoup as much as 40 percent of their original IT investment.

MOJIO (Waterloo, Canada) – MOJIO is enabling the Internet of Cars, with the world’s first open platform for drivers and automotive service providers to become intimately connected to the needs and wants of drivers in real-time. Partnered with major wireless carriers, MOJIO offers a 3G cellular device and an open API so anyone can write apps for nearly every car on the road today, unlocking a whole new world of possibilities for drivers.

WeDeliver (Chicago, Ill.) – WeDeliver connects businesses to their customers by providing same-day delivery of goods, real-time tracking and customer feedback. Using a fleet of curated, on-demand drivers powered by algorithmic dispatching, the company ensures the quickest delivery of any product from any business to any customer at any time.

Windsor Circle (Durham, N.C.) – Windsor Circle’s Retention Automation Platform makes it push-button-simple for retail marketers to get more from their existing customers by extracting purchase history from any commerce platform and transforming it into actionable data to power personalized marketing that increases retention and customer lifetime value.

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
Blockchain. A day doesn’t seem to go by without seeing articles and discussions about the technology. According to PwC executive Seamus Cushley, approximately $1.4B has been invested in blockchain just last year. In Gartner’s recent hype cycle for emerging technologies, blockchain is approaching the peak. It is considered by Gartner as one of the ‘Key platform-enabling technologies to track.’ While there is a lot of ‘hype vs reality’ discussions going on, there is no arguing that blockchain is b...
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settle...
DevOps is under attack because developers don’t want to mess with infrastructure. They will happily own their code into production, but want to use platforms instead of raw automation. That’s changing the landscape that we understand as DevOps with both architecture concepts (CloudNative) and process redefinition (SRE). Rob Hirschfeld’s recent work in Kubernetes operations has led to the conclusion that containers and related platforms have changed the way we should be thinking about DevOps and...
The need for greater agility and scalability necessitated the digital transformation in the form of following equation: monolithic to microservices to serverless architecture (FaaS). To keep up with the cut-throat competition, the organisations need to update their technology stack to make software development their differentiating factor. Thus microservices architecture emerged as a potential method to provide development teams with greater flexibility and other advantages, such as the abili...
Product connectivity goes hand and hand these days with increased use of personal data. New IoT devices are becoming more personalized than ever before. In his session at 22nd Cloud Expo | DXWorld Expo, Nicolas Fierro, CEO of MIMIR Blockchain Solutions, will discuss how in order to protect your data and privacy, IoT applications need to embrace Blockchain technology for a new level of product security never before seen - or needed.
Leading companies, from the Global Fortune 500 to the smallest companies, are adopting hybrid cloud as the path to business advantage. Hybrid cloud depends on cloud services and on-premises infrastructure working in unison. Successful implementations require new levels of data mobility, enabled by an automated and seamless flow across on-premises and cloud resources. In his general session at 21st Cloud Expo, Greg Tevis, an IBM Storage Software Technical Strategist and Customer Solution Architec...
Coca-Cola’s Google powered digital signage system lays the groundwork for a more valuable connection between Coke and its customers. Digital signs pair software with high-resolution displays so that a message can be changed instantly based on what the operator wants to communicate or sell. In their Day 3 Keynote at 21st Cloud Expo, Greg Chambers, Global Group Director, Digital Innovation, Coca-Cola, and Vidya Nagarajan, a Senior Product Manager at Google, discussed how from store operations and ...
"As we've gone out into the public cloud we've seen that over time we may have lost a few things - we've lost control, we've given up cost to a certain extent, and then security, flexibility," explained Steve Conner, VP of Sales at Cloudistics,in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
Blockchain is a shared, secure record of exchange that establishes trust, accountability and transparency across business networks. Supported by the Linux Foundation's open source, open-standards based Hyperledger Project, Blockchain has the potential to improve regulatory compliance, reduce cost as well as advance trade. Are you curious about how Blockchain is built for business? In her session at 21st Cloud Expo, René Bostic, Technical VP of the IBM Cloud Unit in North America, discussed the b...
The use of containers by developers -- and now increasingly IT operators -- has grown from infatuation to deep and abiding love. But as with any long-term affair, the honeymoon soon leads to needing to live well together ... and maybe even getting some relationship help along the way. And so it goes with container orchestration and automation solutions, which are rapidly emerging as the means to maintain the bliss between rapid container adoption and broad container use among multiple cloud host...
In his session at 21st Cloud Expo, Michael Burley, a Senior Business Development Executive in IT Services at NetApp, described how NetApp designed a three-year program of work to migrate 25PB of a major telco's enterprise data to a new STaaS platform, and then secured a long-term contract to manage and operate the platform. This significant program blended the best of NetApp’s solutions and services capabilities to enable this telco’s successful adoption of private cloud storage and launching ...
You know you need the cloud, but you’re hesitant to simply dump everything at Amazon since you know that not all workloads are suitable for cloud. You know that you want the kind of ease of use and scalability that you get with public cloud, but your applications are architected in a way that makes the public cloud a non-starter. You’re looking at private cloud solutions based on hyperconverged infrastructure, but you’re concerned with the limits inherent in those technologies.
Imagine if you will, a retail floor so densely packed with sensors that they can pick up the movements of insects scurrying across a store aisle. Or a component of a piece of factory equipment so well-instrumented that its digital twin provides resolution down to the micrometer.
"Since we launched LinuxONE we learned a lot from our customers. More than anything what they responded to were some very unique security capabilities that we have," explained Mark Figley, Director of LinuxONE Offerings at IBM, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Is advanced scheduling in Kubernetes achievable?Yes, however, how do you properly accommodate every real-life scenario that a Kubernetes user might encounter? How do you leverage advanced scheduling techniques to shape and describe each scenario in easy-to-use rules and configurations? In his session at @DevOpsSummit at 21st Cloud Expo, Oleg Chunikhin, CTO at Kublr, answered these questions and demonstrated techniques for implementing advanced scheduling. For example, using spot instances and co...